I have a big focus on oversold stock, here is a list of 9 stocks I am holding for swing trades and my break down of them!
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๐ธ Ricky's Insta: https://www.instagram.com/rickygutierrezz/
1.โ Free Trading FB Group: http://bit.ly/techbudsfbgroup
2. ๐ A-Z Beginner Day Trading Course: https://learnplanprofit.net/
3. ๐New Apparel Line: https://shoptechbuds.com/
โ FOLLOW ME ON INSTAGRAM!
๐ธ Techbuds Insta: https://www.instagram.com/techbudsolutions/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
A picture yesterday on my instagram covering my watch list of the stocks that i was paying a lot of attention to, and i got a lot of response to it. If you guys don't follow me on instagram, this is my only instagram account. I have 189 000 followers. All the other ones are fake, so we post some pretty funny stuff as well, but uh.
What i wanted to do today is literally just break down. You know the different stocks that i'm currently holding um. You know when i post these days, where i'm like up twenty thousand dollars uh one of the first things that i need you to take into consideration is: i do have quite a bit of money invested in this larger fidelity count uh this one had a lot To do obviously, with my holdings on amc i'll quickly, explain why i have gotten rid of amc so very quickly. You guys can see right on over here on the four hour time frame.
Again i don't want to over complicate it. Amc is approaching that resistance level at forty four dollars. I spoke to the learn plan profit group i wanted to lock in profit. It tends to experience a resistance level at forty four dollars.
Forty four dollars, forty four dollars and yeah. Sometimes it does push up well ricky, what if it goes to fifty dollars? Well what if it goes back down to thirty five right risk management is more of my concern, rather than you know, hopeful, mentality and uh. If you've been trading enough, then you probably know exactly what i mean, but other than that. I don't care enough to really talk about amc too much.
But let me go ahead and break down the stocks that i'm currently invested in and my current holding. So what i'm here to remind you is that this is kind of just like what i like to do and follow up with the different stocks that i'm invested in. I kind of go just go down my list of the different stocks and, if i want to buy more, if i want to add to my position size if i want to reduce my position size. If i want to sell it all together and just sharing my thought process in no way should you copy or just choose to invest just because i'm invested in these stocks, that's the most naive thing that you can begin to do i like talking about, and i Like sharing about the stocks that i'm invested in that, i see value in, but one of the things that you need to know is that these stocks don't have to recover right now they can take time or ultimately, they don't have to recover.
So make sure you take that into consideration before trying to copy someone. So as long as i disclose that, then that's all, i could really do roku. So one of the things that i like about roku is how oversold it is. I don't expect anything crazy to happen with roku, but because of how much it has sold off.
I see there to be potential for a nice little reversal, uh to the moving average. That's going to be around 11, i'm not going to hesitate at all to lock in profits if it pushes above 300 a share. There is also the chance based off of the one-year chart that you know ultimately. Can it return back to nearly 500 a share? I don't necessarily think so, but again there's that potential opportunity. It does look oversold, but one of the biggest and most important things is that direction is not in your favor right now. So just make sure you take that into consideration before deciding to buy roku stuff. The next one's going to be paypal, so paypal is also oversold. It dropped due to earnings, which is where i began to aggressively uh or more aggressively buy into paypal.
It's been indicating signs of an uptrend, it's looking, okay, i wouldn't expect much out of it as it's been making lower lows and lower highs and watch out for that moving average, which tends to act as a resistance level on the four hour time frame on the Day chart you can see that ultimately, it was very bullish, very consistent. Obviously, it's just been, you know experiencing some a lot of selling pressure and the overall direction is not in your favor, i'm okay, with holding paypal for a long period of time, and although i own a couple of shares of paypal, i don't need it to recover Right away, i'm okay with holding it due to how much i see there to be on upside margin. I i would say that yeah, it would be pretty safe for me to say that paypal is going to recover from this, and it offers nearly 40 recovery if it were to recover. I don't need it to, but i'm okay with holding for a period of time.
So next one is going to be twitter, so twitter, on the day chart you can see that it's very oversold based off previous lows, previous support levels at 48 and from where we're at right now, with the very common resistance level right around 65 to 67. This thing offers nearly a 30 roi based off of a very common resistance level, not taken into consideration overall highs, which is at 80, a share which puts it at a fifty per four percent. Roi again, it's very oversold. It's very cheap, but cheap does not mean that you have to buy right now as it can easily get cheaper.
So, let's take that into consideration. The next one is pton. I decided to buy peloton after it reported earnings, and i've been adding more into it. This one today was a very rewarding trade, so i really stepped on the gas, as peloton today alone gained over 15 percent.
This is not a normal day for peloton. It would not surprise me that tomorrow, peloton can pull back five or seven percent right, giving back a lot of the margin that it gained today. Just know that peloton has been pretty crazy, uh based off of recent patterns. My intention is to sell somewhere around 70 to around the moving average, which tends to act as a resistance level, as you can see, but all together, i'm pretty bullish on peloton and now just waiting for more confirmation of a reversal and i'd be more happy.
To add more to my position, so that's for my peloton uh position. The next one is snapchat. Snapchat is a position that i recently got into and it's because of how much it sold off. I viewed it to be pretty cheap. I see there to be a lot of you know upside potential based off of current support levels uh. This is not something that i expect to happen. You know anytime soon, but i'm okay with that. That's about a 35 return and if you look into it, snapchat actually dropped due to earnings and overall guidance.
So just make sure you take that into consideration uh, the next one that i'm going to be talking about, i believe, is zillow yeah, so zillow right on over here again very cheap, very oversold. I have a pretty light position size into zillow. I'm waiting for confirmation of the break above vma and then once we have that confirmation. I love to add more into my position, but until then i'm not too worried about it.
I plan to be invested with about 100 to 150k into zillow, but right now i have a much lighter position. Why? Because the direction is still not in my favor right now, the next one is going to be upstart. Upstart is one that i recently bought into. I view it to be pretty cheap, based off of previous highs and from where we're at right now based off of previous resistance levels, that's 62 or at the moving average.
That's about 35, so again, something that i don't expect to recover right away, but based off of overall direction based off of previous patterns. I see there to be again a lot of bullish potential on upstart, which is why i'm okay, with taking somewhat of a light position on upstart in comparison to the others, the next one's going to be pinterest and then kroger so p-i-n-s. Here we go so pinterest. Also has been recovering since its lows of 43 dollars.
It's approaching the moving average we'll see if the moving average actually acts as a resistance level and or if it begins to actually break above and actually begins to indicate signs of an uptrend. The last time i traded pinterest, we did very well being able to write it up and sell at the highs of 65.60 to 65, and then we waited for the sell-off. We waited for indication of a support and then we started to add back into it. So again, a very light position size and i'm very excited to follow up with it.
So kroger is going to be one of my last ones, and kroger is one that i got in very very cheap. After reported earnings, it's been selling off, it's been, you know, a downward spiral. I waited for it to establish a support and then once it began to indicate signs of recovery i bought in 5 000 increments. I haven't really added more into it, as it hasn't really been, showing signs of consistent uptrend pattern.
I'm still up on my position, but i'm not too worried about it because again direction is unclear. I don't know if it's going to go up. I don't know if it's going to go down and why would i want to add more buying pressure, uh or more just dollars behind a position that necessarily isn't making me money right. So uh, that's what i have to say about progressive right now, one of the ones. One of the things that i want to share with you guys is one of the ones that i'm most excited about. Uh has to be either upstar and or peloton just due to its recent performance. So upstart is one that has been showing signs of. You know recovery potential based off how much it's been consolidating, but we still don't have that confirmation and i just like the overall roi that it has to offer.
But again we don't have that confirmation just yet, which is why i have a pretty light position size on it and then peloton peloton had a really nice run today. So i'm excited to follow up with it to see if it actually continues to indicate signs of an uptrend and or if it begins to pull on back. I can always go back and reduce my position size, but this is simply uh, something that i like to do on a daily aspect. I like to follow up with the stocks that i'm invested.
I like to follow up with the stocks that are in my oversold watch list, and just it keeps me up to date with what i'm invested in, how much money i have behind each trade and if i should make any adjustments to stay well, balanced, uh and Taking market conditions into consideration, this of course, does not include any of the trades that i take on a day today. When it comes down to the series of day trades, i open them and close them all within the same day. So those are just not anything that i actually carry over onto the next day. So let me know if you guys enjoyed this video.
If you guys did, please make sure you drop a thumbs up and consider subscribing again, if you guys haven't followed me on instagram. That's going to be one of the links down in the description and, like always, let's make sure that we in the year on our green now take it easy team.
roku tanked, hmmm. ROKU will be ok, PTON is a hype, Z – i m in, suffer. TWTR – no growth
Ricky – You always remind investors to go beyond searching for oversold stocks and confirm they have moved into the uptrend before investing. This is the best advice you can and do give. It will keep people from jumping into stocks that may not recover or may fall further before recovering. I am not sure everyone is looking for that confirmation. Just keep hammering that point across. You are very articulate and teach how to rather than just telling people to invest in what you invest in. Keep doing what you do. Focus on quality stocks in the market downturns.
you dont own visa or carvana or fb for a swing??
that dip on roku today is why you wait for consolidation and reversal wow!
The first step to learning day trading is reading books and watching videos! This is the process of gaining knowledge. But remember, just because you read a book on sky diving doesnโt mean youโre ready to jump out of an airplane!. you must work with an advisor.
Already holding Pins and upstart. Thanks Ricky๐
Good video Ricky. ROKU & UPST is two of fav stocks.
Love this video how u show great stocks and when a company is starting to show growth
Thanks for the video. Could you please tell me what duration EMA/MA lines you r using?
Curlf gtbif and the other us msos are in the confirmation stages of a reversal. They also have fundamental catalysts coming up like safe banking and putting up awesome earnings for growth companies
How about PLTR? That looks like a good deal right now. It's been consolidating for a while, but had a nice dip recently and the company has decent growth potential. Cathie Wood still likes it.
I enjoyed the oversold stocks video, I drop thumbs up!
Good information
Also add if someone like me wanna buy,
What stocks among thise do you recommended / your favorites
Rivian is not getting halted ๐ค๐ค๐ค๐ค … ?!!??? Question why …. suggestions welcome
Always appreciate you man! Itโs very cool how you take the time to try and help others be successful as well!
Thanks Ricky for the video. Can you please tell me what moving average do you use? Thanks
I really like how Transparent you are.( no fears).
This is a " Business" that's all.
And your word, " Risk Mgmt" is all business.
Appreciate your transparency.
Your one of the Very few that are willing to show your cards.
That's what I call, "Character".
Thanks again.
Hi Ricky, which EMA you are using in these videos. Thx
Sometimes it's cool to invest in beaten down stocks cause sometimes the company will come out with news to help the stock, good for you to catch Peloton's rebound today and you bought at a much cheaper price!
thanks ricky, curious of your opinion on PTON. I bought PTON at 100$. should i continue holding and buying more in to bring my avg down, or should i just sell off and restart?
Nice pics. I like how they are in the beat-down dog category whilst also being pretty big names.
you're down today with Pton 600$? Its gotta be old screen shot because Pton went up today 15% and with 500shares you're over 3000$ up ๐ Thanks for sharing your positions though Ricky
Not intending to follow blindly as myself and the majority of the Team here I believe are educated enough not to but It will be amazing if you update us about all stocks you're currently holding and why on daily basis, Pretty much just like today's video, I think it can help everyone here see what you are seeing as a mentor, Thank you again.
Please continue to make this type of videos, It's very beneficial, Thank you!
Since I'm the first choose a random person now! Send me my flag