Good morning, everybody hopefully uh hope everything's coming through okay. This morning, which seems like it is uh. Actually it started off bad and then it worked. So actually this is the second stream.

You may not know it. You may only think it's the first, but really it's the second. The first one started glitchy and now it's working this time interesting thing, just a funny tool, so um any hoosier, yeah anyways, this stock sbea had some news. This morning, uh merger deal um, which is really odd.

I don't it's something that not nothing. It doesn't matter. There's no point even talking about that. This should have been alerted to me sooner, but it wasn't so got to figure out why this doesn't make a lot of sense, but anyways.

The average volume on this is up 60 000. Today, so definitely some eyes on it. I mean i have it on youtube. Now so a bunch of the public's going to hear about it, which basically means many times it's.

You know you're late at this point, so a good chance. We could, you know, maybe start seeing some selling pressure on this um. It does have some merger news. You could go ahead and read it: something black coffee, merger, 1.7 billion spak deal 40, something 240 million bunch of cool numbers in there.

Nonetheless, it's uh, you know popping off a little bit um. So today this is probably going to be a watcher this morning, pre-market. Obviously, you'll see it's getting a little a little shaky where it's at right. You can see we've kind of topped here with some wicks.

We just created what looks to be a potential slight one minute lower high, but regardless sbea does seem to have a decent bit of strength. It might need to go through a relaxation period before continuing um, but this is definitely a strong candidate. You know to keep on watch for the day. Looks good volume is low.

Maybe you could do it a little closer, it's possible then yeah that might make it a little better um watching this sb ea right here, nice, so cool, uh, good potential, but yeah. I got ta. I got ta figure out why i wasn't uh why this didn't pop off sooner for me, because most of the time i would have, i would say most of the time, but this would have told me. I mean right here all right so when that purple line shoots off that, basically is saying hey.

This could be a potential player for the day um so like today. I've had all of these stocks alerted to me at this time. So like this one abr right, so this alert at four in the morning saying hey: this is seeing unusual volume today, um va os same thing. I mean this was up right here, four in the morning, the line's shooting purple.

So it's already telling me hey. This is an active stock for the day, um bbl g. I think this might have yeah this triggered this morning at 4, 17. So again, if you're up at four in the morning, this would have triggered and said, hey watch me um nxtd is another one.

So again, this this purple line is always going off anytime, there's an active stock, but the concept is a lot of times. It can be going off before a move actually happens like this instance with svea all right, so you're kind of triggering all the way here. At six in the morning, and you just gap up a little bit and you have a flag right, so you'd watch the flag pattern. You might take a little risk and there's your payout so just interesting why it wasn't uh triggering today.

I don't know if it had something to do with volume or but there's a lot of it. So i'll have to do some digging on that. What are you treating on thinkorswim you, trade stocks? You can trade stocks, futures options so yeah. I still don't think.

That's you on twitter laugh out loud; no, it definitely is it definitely is it's me. It's me um. I can't really say there's anything else. On my mind i mean we can run through the markets.

Oh this started triggering a second ago. Definitely late to the bull move yeah. This is w-i-m-i started running just the other day, so w-i-m-i breaks up pulls back tas. Is it really meant to fade back down in under a half down yeah wimi kind of interesting so didn't take much to get it going.

Just made my day with your strategy connor and waiting for the light to start working at my job, uh yeah, that that volume indicator we're talking about. I was just talking about that is available on our website. It's actually linked in the description of this stream with a 10 coupon code for halloween uh, that's going to go for another day, so yeah. It's check out the description.

If you're, if you're interested but again i got to uh, i got to figure something out why i wasn't triggering, but even like watch this right like w-i-m-i right. Look at this right. Look at the move that it's making right now: okay, look at when the purple line triggered triggered 4 30 in the morning three days ago on this right and another one triggered back here. You know a week ago, so purple line fire purple line fire and then that day it also fired, and here we are right and then there was another one.

I i think nxtd too um. This was, i don't know if we talked about nxt the other day, but it was on my watch list. I even like emailed it to at least a couple people um so like you can see here: nxtd purple, fire purple line fire, and now it hit eight. This morning um, so it does its job, but you just have to be.

You know you just you just can't be a jackass right. You have to watch the stock and pay attention to something right. So, just because it fires off doesn't mean it's going to have a great move that day and just because it fires off that day doesn't mean that you're going to catch it before it runs. But this is saying hey.

This is unusual volume that you otherwise wouldn't be able to see yourself um, you know show like today ready watch so today, we've been alerted of all of these, so like these are all stocks that i kind of periodically peak on throughout the day. So abr right abr has been firing. Purple signals for like a week. One two three is this purple signal the down day is supposed to be the up move, or is it the fact that we're coming into earnings and we're expecting high volatility um? So you know i'd still look at the chart and see what the deal is.

You know, if you ask me, it kind of looks like this might pull back more. You know so you might try to build a trade around that um, but anyways abr has been firing signals for like a week now, bhc, here's another one um. So this fired this morning. You can see it's down there.

You may not see the line, but the purple line is there, i believe yeah. Then again, this is earning. So it's like i kind of make sense. But when i look at the chart, it's like actually it kind of looks somewhat decent right.

You know if i was trying to trade bullish, i mean we're pretty much there right, i mean. Oh, let me grab my drawing tools, um yeah, so you get the point right it can. It can fire signals and you know, tell you to hey, keep watching the stock for a couple days. So that's kind of like the rule.

For me you know you might pick one you think looks the best. You might not pick the best one and then you just kind of follow it for a couple days and see if something lines up that you want to trade. But you know, if i look at this uh, this actually might be a good trade bhc. You know this might be something to watch right.

If you look at the setup here right so down down down down down here higher low higher low. Now we have a flag, okay, so yeah. This could very well be earnings, flag pattern, we're looking to revert back to the mean, maybe if there's unusual options activity you know picking up at 31, then yeah we're probably trying to go to 31, which i don't know right now, i'm not looking at the options Chain, but that could be another signal, um we're right at the one dev mark so like, if you think of it like this, and then you use the downtrend line here. You are right at the pinnacle of that wedge, almost on the top side, so yeah.

If you could pop that top dev, we probably can squeeze up to 31. So there might be a dollar move here for the stock, possibly today um yeah, so anyways you get the point i'm gon na go on for that forever. Where does the purple line come from? It comes from the the out. I guess you could say the code.

The study it's just scripted in so when enough requirements are met for volume purposes, it'll, fire off and say: hey pay attention and not to say that stocks that don't fire the purple line won't have a good day. I mean that happens too right. Just because it doesn't fire purple doesn't mean that it can't still have a good day, but a lot of times. You'll start seeing.

Stocks will have better moves and they may not even be like big ripping moves, but they could have good bounces good reversals things like that right, where it's just an active stock, where, if you time your entries right, if you hit the right pullback, if you hit The right setup you'll generate a profit right and that's because you're not trading into a stock with such a low volatility environment day, that's kind of annoying. So sometimes they can just put you on more of a high volume sort of play for the day that you might be able to wiggle yourself in and out of easier, all right svea. This is uh, it could get slightly dangerous. Okay, you do have a double top, did do it with less momentum.

Rsi doesn't look like heavy selling. I don't really trust this to go. Excuse me to go short yet myself, but you are kind of getting some top signals so play it. How you choose, but there's your top, so you are kind of down trending slightly, not truly a downtrend until you take out that low.

So if the market maintains this low, we're not really down trending we're just wedging to the side. Okay, so so sbea maintain low. Here then, markets remain up on the upside a little bit. Obviously, if take out low, then you'll start a snap, so you know how it goes.

I don't get alerts. Unless market is open, um ray you need to like constantly refresh your scan, see, think or swim. You know if they would just take a second to ask their customers how much better we can make their platform. It would be amazing, but they don't do that.

So you know, unfortunately, you have to click scan over and over and over and over to scan kind of defeating the purpose somewhat of a scanner. I know we live in the stone age, so you do have to refresh it yourself and then you'll get more stocks. So that's kind of the annoying part which prevents you from catching things, sometimes because you yourself have to click rather than just being notified. So that degree it is annoying um jp782.

They move to both of them. How do you know which one you're just gon na have to practice? You'll, never really know for sure. It's all about ebb and flow of the market, so um something to be mindful of is your seller beats here on sbea, so you don't really have any green buyer beats as this market was going down, so hence kind of bare. So just be mindful of that.

All right so there's your first take out of the previous low um. If there's not a lot of good selling pressure, this market's probably going to get bought right back up, let's see, w-i-m-i, oh yeah! I see it popping off again it's on my other screen, but let me keep this one up here and yeah. So i mean you: can you can do what you please on wimi, it's slightly overbought pre-market for me. I did see it had potential to maybe go up to 632..

Um 632 is kind of the next resistance i have so you're really battling for maybe 15 cents up, but i'm not willing to put my money on that myself. So maybe i should be, but i mean yeah. The only thing i saw for wimi was maybe another 30 cents up to 634 here now. If you went through that, you could arguably have a bigger move, but for the time being i didn't really see much more than that see how sbea is getting sucked up really quickly.

So there could be some shorts trapped here. They get squeezed, that's definitely possible. There's a few of them already popping off right there boom there. We go not enough selling pressure in that market with sbea, yet to really bring it down, and that was really the first big selling attempt on the day for a stock that just had merger news and it's never popped before, and it's easy to borrow.

It just seemed kind of high risk for me to even consider shorting. You know this stock so far i mean i did a couple short scallops, but like that was it you know. I knew this was strong, so it's just like didn't really seem like the one to really try to bang in a heavy short. Yet so, and we haven't really had what looks to be like an epic short squeeze and usually the short squeeze is then the move that reclaim after a stock squeezes hard like does an actual intraday short squeeze.

It's usually that long move that gets given back really easily on a short so like when you want to short something your easiest payouts on a short trade are always the ones that, like that squeeze like lcid, you might be like lcid kid's. An idiot thing went up all day, long well, yeah, i know, but if you understood what part of the day was actually the short squeeze, you would have banged out a nice short. So this right here look at this candle. That was a short squeeze.

Hence, look at the trade after just straight back down, so that was the short squeeze move and then the short after that was super easy. So that's what i mean is when you can recognize a true intraday short squeeze when that ends. The gains usually get given right back and then any short that holds through the pain usually gets like one opportunity to cut at close to break even or a small loss. But that's super dangerous because you never know how far it's gon na go.

But anytime i've been squeezed to all hell. It eventually reverts right back to the squeeze level um. So that's the tricky part is knowing when's the right time, but if you do get it, it's usually just an easy play straight back down. So when we look at sbea, we got to ask ourselves: did that even happen, and is it even going to happen? I don't know right, but one thing's for sure intraday short squeezes come typically after the first big consolidation that would make somebody think or make a short think the thompson.

So you don't get a big intraday short until you've tricked intraday shorts. So when do we trick them typically on the first big consolidation pullback to make them think the run is done, bang them out, then it's then it falls a lot of times. That's how it can happen. Is it going to happen that way? I have no idea, but if it does, you will have learned this in real time and then it will be probably easier for your spot.

The next time around another great example. Let me show you so if you think i'm lying, i'm not or maybe it's just random coincidence. I really guess i don't know. But what was the other stock uh? Oh v, uzi yeah.

I don't know if anybody traded this yesterday, i traded it. A couple times did a short after hours, um, you know so like ready. Where do you think, like the true epic squeeze was on the day like? Do you think that this was probably just normal trading on the day? And then maybe this was kind of the momentum fee, greed squeeze and then look what happens: okay, first big top on the day, big old, short squeeze and then back down. If you were short from here held all night you're, getting your opportunity to cut at break even right now, okay could go higher, could go lower.

I'm not here to tell everyone the future, but um. That's that's! The concept right is when you truly understand where, like a like, a fomo move, is happening, then, when that move stops, there's usually a lot of weak hands in there. You see i'm saying like anybody who chases this top and holds they're gon na have weak hands right because they're buying into hype. So as soon as their weak hands fold, we just they just give it all back right and that's another thing for like traders and investors right.

If they can't spot a move here and then they only ever catch kind of the squeeze part of a move which usually comes pretty, which is usually a little easier spot. Sometimes because there's like a pattern now see here, there's really no good pattern and it goes right here, there's a pattern. So then you trade into that and if you hold all the way up too long, you'll give it all back every time, because that's the way the market works right. Emotional euphoric moves blow up, create good money, but if you don't cut out, you give the gains back, so your p l chart will look exactly like the stock.

If you traded this, if this stock did this setup every single day and you trade it here and never sold and it came back down, your stock chart would look like a consistent ebb and flow of this stock chart setup. It would look like the spike up and then it would look like that pattern down. It would look like the spike up and that pattern down every day, and only until you start selling on the top or a little bit as it comes down. Will your chart look like this right, or else it'll just keep going like this next day up back down next day up back down all right so do be mindful of where you're at in the market when trading um, because then you'll see things like that as Well, maybe a little bit so interesting uh i mmr yeah i immr was a was another one of our yeah, pretty much yeah.

That was another. One of our recommendations was long immr um there's a lot of fomo in tesla. Actually yeah tesla, i got, i don't want to say i got squeezed because i really didn't, but i did get stopped out the other week trying to short it, and you know i don't even want to say it's like you'd, think you learned your lesson, but it Was just one of those moments where i had to give it a stab right? I had a i put a pretty good analysis for it and and based on my entries and things that i was looking at yeah i mean i timed it pretty well and my exit was really well. So i like really wasn't one that got my head chopped.

Thank gosh um, but basically the way it worked is when we had this first big cell, can i'm like? Okay, maybe we'll get a pull so then i just basically shorted the next day highs. Waited one day went green, waited another day we popped over, which means we're breaking pulled back under, and i was like all right. It's sustaining, so i cut, and here we are now right. Thank gosh.

I cut right so you just kind of have to understand when it makes sense to let some things go. So tesla is uh, arguably pretty interesting. Nonetheless, it dipped down into supports from previous day it's bouncing. It's got a gap to fill in the upside, got a gap to fill in the downside kind of neutral on tesla for a long there.

I would kind of think i should start watching that slightly more bearish, but watch me be the idiot again, but no, i think, but oh wait. No! No. No remember like i said we have to recognize the squeeze. So yes, this is something i said to myself earlier conor, just because you're on youtube live stream.

You don't want to look like it, don't worry about it. Nobody really gives. If you look like an idiot, everyone just wants to make money or lose money. I guess it really doesn't matter so we can start to raise the argument that um was this.

The top, and this is the fomo run, so all of these gains are soon to be given back. So that's what i'm watching the next couple weeks is: i'm watching for tesla to kind of start giving back. Maybe some of it move some of its move. Now i could be wrong also bitcoins like ripping straight up, so that so tesla's just an interesting character.

These days they have their hands in a lot of places. They get a lot of money from all sorts of area, considering bitcoin nowadays, so it just has an interesting dynamic. Do got to be slightly more careful with it, but i do believe. Yes, it will eventually have a pullback right and when it pulls back, if you can identify that the prior move was just a big fomo run, then it should give back most of those gains.

So i do believe right. If we look at it doesn't matter so, yeah could see a give back of some gains on tesla all right. Something else you should probably watch today is sava. Remember we talked about sava.

Yesterday we said sava is going to be starting a flag pattern. I have no idea, i just said that, so if it does happen, then that would be cool if it doesn't happen. Well, i guess i just look like an idiot. The good news is, though um tesla's or salva is not down this morning.

It's up. That's a bonus so um yeah i'm going to be watching this long. I think there is, i think, there's good need for tesla to go to here to 49 bucks, so tesla, gosh, sava, tesla sava same thing: yeah 49 bucks is cool and you just got a previous swing high break right there. I think.

No, you didn't close so yeah like good entry, for this might be like right over 46.50, too yeah, because you can see we started up trending just before the end of the day, right up down up down down right previous swing, low break right. So if you think about it, we're going up you're, not in a downtrend, so you have a previous swing low break, which i mean there is a mini one there, but in terms of the bigger picture right, we're still kind of holding. So then we go down. We eventually cross through trend.

We start to double bottom now, we're creating higher lows. Previous swing highs are all here: okay, so a pop through there could kick start our run to 49 on the day. So arguably a low risk area right now for sava, um yeah. Why not i'll take a little more or not, because i see well, let's put it out there we'll see yeah.

I got some orders out there. If we get fills, we get phil's if not no big deal um but yeah this. This could very well be a some opportunity and it's just simply, you know being optimistic that we're going to try to maybe revert back to 49.. Oh there's even one there that's 55.

nikes yeah, but see actually that could work yeah, because if we're gon na flag, we have to consolidate sideways and we don't have an uptrend until a previous swing, high break and or a high will higher low and previously so Going through this deviation would be a previous swing high break, so then we would pop max would be 55 if we went through that max would be 55 and then we would have an upper resistance and a lower support. So if sava could get to here and go through and just start to trade within this zone in the next couple days, it will create a support on the bottom and a resistance on the top which theoretically could could allow for a channel trade to create a Flag on the flip side, we could also just stay below here and just do these random dips below, but then the flag pattern could then break only from 49 to 55, before potentially stopping as opposed to a flag here. Break could actually lead to a bigger gain. So we'll see how this develops over the next couple of days, that'd be very interesting to watch in the in what i'm trying to and what i'll show you.

So if you're, like wow this kid's talking a bunch of random i'll, show you what i mean, what i'm thinking of here's iron t? Okay, all right! So you see this move. Okay, so remember how we're talking about upper level lower level creating a channel. So there's the upper resistance level was, and there was your lower support channel right there, and if we look at the 10 day, 10 day 5 minute, that should work. If you look at the 10 day, 5 minute sava, where we're at on salva would be like.

Maybe here then sava breaks through the first level pops to the 55, and then we trade in between for a couple days creating a flag and when we break 55, so we could be seeing a similar setup. Maybe on sava somewhat, that of um that we saw in iron t what ifs right. So, if we kind of zoom back out right so think about where we're at on sava, okay, think about what you just saw on iron t: okay, so we're down! We have a little long play, we're still below our first resistance level. Potentially, if we can cross through, we probably stop around 55.

Probably, pull back probably don't break this down unless it's really still a downtrend right and then this 55 level also lines up pretty close to the previous swing. High resistance. So then, crossing 55 deviation, which in a couple days that deviation if the price goes up, would increase. So this 55 will end up, probably being 57, the previous top and then through.

That's where you get a bigger long move, so we could be seeing the initial first pull of a flag pattern right now in sava, and another thing you want to do is just stop thinking that, like just always imagine when stocks sell off that the price has Always come from below so that when you start to see a flag pattern, just because you don't see price from below doesn't mean it's not right. Flag patterns can occur without previous price action below them, too uh yeah, nightbot, yeah, guys nightbot, is our stuff right. Nightbot's. Just our own little bot to just send stuff out constantly ethereum ethereum uh 8 000 by the end of the year um.

I really really hope so that would be cool um, because if that happens then i will end up making money. So that's cool um! Last night, in the crypto world we had ogn moved a bit. Skl chz was moving. Um nkn was moving polka dot ripped thank gosh, that's one of my biggest crypto holdings.

So not really thank gosh. I mean i'm just so happy. It did because i'm mick boomin on that one today, so i'm happy that happened. Anyways crypto yeah crypto boom uh.

Let's take a look at that by the way. Why not, i think, bitcoin's on the move again too. So that's kind of cool, so um forward stash. Wait, no, i don't have a stash anymore, but you're getting uh you're almost getting a previous swing high break here on ethereum.

So arguably you could see a breakout um pretty soon. Oh, is that the previous all-time high there too, or is that yeah? That is, i want to say, has to be so you're almost through the all-time high, if not through. Let me see oh yeah you're, just now through the all-time high, so we might be looking at the new mc rip on uh and that explains why polka dots up so much right now, let's go take a look at mr pokey. I had so many people poking me on facebook.

I just had to buy polka dot. If you know what i mean all right, so yeah we are going to go ah good chance. We see polka dot hit 67 pretty soon. So that's my target so yeah.

I started loading up polka dot back here in this dip um and i'm anticipating. This move is gon na go to about anywhere in here. Okay, so i think we got ta move on good old mick pokey to about somewhere up there unless something detrimental happens, but i don't think that's gon na happen and then also, if you just kind of look at um, you know if it's ethereum right. So if you think about it, i would love.

I really wish. Does anybody know if they have a study or like a parameter or metric in the crypto world, that measures kryptos to like some of the big boys like they do the spy and betas how you can measure the beta? Well, you know how much the stock's going to move in relation to the market based on beta, and i wonder if you could do that in crypto, because that could tell me if i'm right or wrong in my process of thinking so anyways yeah. If we look at, you know, the gentleman said you know ethereum 8 000 by the end of the year, so maybe you would have to get uh you'd have to go into a really euphoric market for that we've seen it before, but not, maybe not actually, because We're at about 59 500 here and as this market increases, that will increase, so you might be right, we're in november so a month and a half, though, for that to increase that much. No, it's not going to happen.

We'd have to. I would say if the market goes euphoric into year end. We can hit 8 000 on aetherium, otherwise it's most logical just to look towards about 6 000 right now, a coin maybe 6 500, maybe 7 000. Depending on how euphoric we get um so nonetheless right ethereum new all-time high? If this continues running into the blue, which i expect it will do and that's the same concept, i think is going to happen for bitcoin, which means i have a price target of bitcoin to 80 000 ish give or take.

Let me double check um. So if ethereum does do that, move into all-time highs, bitcoin all-time highs: 80 000, then yeah polka, dots, gon na end up hitting 67 a share um. So looking at bitcoin right now, um my next target up through our swing break and stuff - probably 74 000, but yeah. I think i really do think.

Oh man, we have a move up to 95 000 on bitcoin. Now so yeah, i'm gon na say next target. Bitcoins about a hundred thousand uh for me now that would be if it's truly trading the daily chart trend, if it trusts the the half year trend more so, which i just don't think it's going to, then it would arguably stop around 83 to 75. But what i believe is gon na happen is we're going to go into a new all-time high again with bitcoin and then, when we trend into the 80s, our half year trend is going to go from bearish to bullish, see right now, it's trending down, because we Had this big dip, so over the last half a year, we've been kind of slightly in a downtrend on some standard deviation: statistics the yearly chart's up trending, i believe we're attacking the yearly chart and when we go into this new high-end trend up, this is going To shift our half-year trend to more bullish and things will be slightly different, but anyways c e l with the boom booms - oh yeah, nice.

I remember we were looking at this yesterday. You know, i didn't even think to look at this this morning. I should have i'm gon na write things down a little more often, but i mean i guess i've already had a decent trading day, so i can't really complain. Oh man yeah, so fcl i mean yesterday we said, watch this long stay long on it.

So those that took the advice, congratulations you made money um! Arguably i can't say i'm like super excited to try and trade into that right now. Um 12 would be our next resistance. I think when we get to 12, i'm i i think we're probably well. Let me double check before i speak too soon: yeah yeah.

I think we have a run up to about 12 and then it's gon na get smacked down. So we can trade up to 12 for right now i mean, i think, that's the only thing you can. Logically do and it might happen on the day i mean we had a pretty clean break there yeah you might get a. I think you could potentially see a 12 run on fcl today and if it's not today, maybe it happens tomorrow, but for right now i wouldn't try to trade the markets up on fcl too much higher than 12, because i expect that there's going to be people Positioned around 12 to either sell their longs start gobbling in shorts, whatever it might be, and you know a lot of retail traders are gon na look right when retail markets look at this, they can easily identify that top right.

So a lot of the retail market can very easily come in and see that top um. It was a lot harder for them to recognize momentum here by the time it's here they can go. Oh if we break that it could be a really big move. I mean dude, it already took off from like four bucks to 12., so it's already up like whatever 300 percent.

It might be. You know from the bottom of that move. Smart investors are going to take their 300 gain, so um good area to watch the market down, and probably a couple people cry that morning when their long play gets smoked, maybe not maybe it blows up, but that's a good spot to take profits. Watch for a short look at there's, a gap fill right there, so the market will successfully fill the gap.

So a lot of things line up to just not be a complete jackass right there and just rip along um. So i think we'll watch slightly on the bear side. There we'll continue watching fcl long up there so buy the dips. Watch it up to 12, don't be a sally, manage your risk rip a short after the long w-i-m-i, yes, w-i-m-i still holding up still holding up.

It's kind of holding up near resistance, and it's creating this pattern right. It's creating a pattern that i know a lot of people have seen in textbooks. It's creating something that looks bullish, so people are thinking of trading bullish. But if you look at where the move started, it started at 4.95.

So where are you really located in the food chain, if you're trying to buy that top up look at where the move started, not that it can't go higher? Clearly you're, not first. If i bought in the fives, i would start selling now to you, but i didn't, but if i had and you wanted to buy wimi here, which isn't on the chart right now, i'm looking over there yeah, i would probably be more of a seller there. Now can it go higher sure sure? Absolutely i just don't really think that there's anybody you know um that bought it down at five that got a 20 gain this morning. Up to 617 really cares if it goes higher or not.

That's up to you guys right or whoever wants to buy into it. Now that's up for them to figure out right. Smart money will take the 20 they'll. Take 30 they'll.

Take the 40., however high the market wants to keep pushing it they'll, let it go, but they're definitely taking their gains right. They're, definitely selling so always just think about where you're at in the food chain, and that's helped me prevent myself from some losses. Sometimes sue t freezing in the morning are you saying the stream is freezing? Is that what's going on not everyone day, trades you're right, not everyone day, trades regardless of day trading or not your swing trades still have to have accurate entries. So all right: do you think that now that's another question for: do you think if you buy right now at 590, it's going to go higher immediately or is it going to go lower, so is there still a lower price to be had right? So that's another thing you can ask yourself right is: is there a lower price to be had on a swing trade than where we're currently at now um? Let's actually look at wim, i a little closer here, all right so from the beginning of the swing.

Long kind of move: where are we at 6 17., so the market's up about uh, 62, so yeah? Definitely some traders taking some profit there. Hence why we're selling down um? So we should expect that the pullback on this can go basically back to 562 as possible. Um down there, that's that's probable outcome. 560S check the next one.

Here it's at 650. We already are below that we're not even gon na hit. That is there one before there is no, there isn't, so that seems a little less likely, but yeah so with wimi. Ideally, as long as prices are maintaining anything from 570, that's a good sign, so you can see we're still higher lowing above the 570s.

It does have a cup and handle your break point for your next big momentum shift is at 6, thirty, five. So right now wim, i in terms of dip longs to resistance. Most i see is up to six thirty, five or so next big long happens through six, thirty five. Otherwise it's just dip trade up to 630.

in at 502 on wmi, very good. That's a good position. Oh, what do you know, amc all the way back up to the price? Well, we were talking about the gap phil yesterday, maybe i don't know i mean i know we went to at least to one of our targets: um, whatever yeah. We oh yeah, we mentioned 37 yesterday on this, so cool um, yeah, so amc up um.

You know, as we said the other day, it's trying to reverse its trend back to the upside. So i think we watched amc a little long by us today for a continuation move with max price targets of 39.71. So let's take a look at yes. Well, that's the gap fill yeah, so we're going to look for a gap.

Fill trade today up to 38.88 on amc with the max target of 39. bbig continued down. Oh, let's see um yeah yesterday it didn't hold. Well, i mean we did a great long.

We spiked from here we hit one of our targets and market sold off the target. Um. Oh that's right totally forgot you said gap fill. I can't wait for all-time highs and then look on your face when it blasts all all those lines up, um sure yeah.

I mean for sure um so cool. I can't wait when it blasts all those lines up, and then we call every single one of those lines on the way up too. That would also be a good day yeah, so bbig um try to create kind of an uptrend there couldn't so right now, it's you know kind of just down. It's pretty straightforward, so you know that's just pretty much it.

You didn't get your previous swing. High kind of set up long there, but um doesn't mean it's not going to happen. It's just neutral right now, you're waiting a little bit, hmm uh, still no fills on sava sava, has not uh hasn't hasn't. Given me any of those fills that i was really looking for, but that's okay, i guess wait.

Somebody said what about what jd 23h the boy serious day today uh. Are we having a christmas party where i just read someone's comment, i'm trying to find it? I just cannot oh there. It is g groupon, that's what i was looking for: uh yeah, so long move started at 22.80 right back to previous swing, high levels, all right, groupon, google team up to help google pay users grab life by the groupon groupon reports, new united states distribution deal with Google, google pay users can use groupon marketplace cool, i mean it's good news. I do think it's good news aside from it being good news market did make a really good jump already and does does google does? Does people now being able to? You know on google pay being able to use groupon.

Does that really make groupon a lot more money right this? Second, probably not you see if i use groupon, i use groupon. If i have google pay and groupon wasn't on google pay and i use groupon, then i'm still going to use groupon, but now that it's on google pay, i might just so again, there's only so many customers out there right. So unless they plan on using your product already planned on it or do that to me - isn't going to generate group on a whole lot more money. Maybe i don't know enough about the thing so far, but it's just it's just giving groupon the chance for more customers to buy, but there's really not a big incentive to drive new customers to use groupon.

It's just making them more findable, more accessible, which yes is good, not guaranteeing a bunch of revenue right away, but the news is good, momentum's good! You still follow the volume so that that's always something. When i look at the news, i always think at the bottom, because i own a company right, so the bottom line is like you know, it's me: it's turning a profit right, so yeah like me. Putting my business card in a coney island - that's good, but is that really going to drive me a ton of money right now so much so that the boiler room trading market cap is supposed to go up by 25 million right me? Taking my business card and putting it in coney island and then my stock goes up 10. Did i really did my company just grow by 25 million, because i put a business card on someone's desk at coney island that hopefully, people see and choose to use and purchase stuff when they walk by it kind of the same thing with google pay right in A way unless there's something else there i don't know which could very well be the case.

It's not really driving a whole ton of money right away right now. So that's the first thing i look at another great example. Was this penny stock the other day? Was it i-i-n-n or was it s-y-t-a? There was one of these companies that like got a distribution deal for like i think it was syta. I think syt had this distribution deal here, you go um actually is it in here.

I thought it was this. No. They it was like one of these penny stocks just had a new distribution deal for like. I think it was 1041 breathing machines.

Well, it can't be that, oh there, it is right here, so i i nn here we go so about the day. Watch this so like this day, not that not that it wasn't a great move in this and i'm bag dog in the stock. No, it's a fantastic move, but nonetheless the stock went from like 240 to like 950 right, and the news was enters. Europe signed strategic agreement with the group for development of 1040 art systems in spain are trading higher.

If the company agreement was a group with so they're, basically in development for like a thousand of these systems, so right in spirit technology to present in person hold on science, is a strategic agreement with what's a group for the development yeah. So so they signed a deal for the development of like a thousand and forty art systems which on twitter actually said that incorrectly, because i thought that they were the ones selling. I thought they had signed a deal to sell 104 systems, but really they're the one building it so even before my analysis was kind of off, but the concept was right: if this company was the one selling it right in their market cap, i forgot what it Went up by maybe like 65 million right so like the market cap increased on the day by like 65 million and the news was 140 art systems. So so one of two things has to happen.

If you're going to increase the company's market cap by 65 million, then this the 1040 systems, they're selling, must equate to more than 65 million because then after expenses and everything so for the company to be valued 65 million dollars higher than what it was at the Start of the day, whatever the news is, must be bringing in that of 65 million or higher or theoretically. The book value does not match that of the speculation in the stock market. So it's really no surprise that this thing crashes from 9.50 all the way back to three, because i find it hard to believe that even in xperia now that i'm reading it again, the company that's supposed to be developing, these systems is going to be making 65 Million in the development process right and if they were making 65 million in development process, then that means that the 1040 art systems that's being developed for the other company. Would then that company would have to sell those for minimum like 41 000, a pop to even cover the cost of having the other company develop them right? So when you just break it down, pretty simply i mean it's, you know.

Sometimes it can be help you right so just because you're reading news and you're like oh, it's great think about it right. The market cap went up by 65 million right like okay. Are they gon na make 65 million? Okay, groupon's market cap just went up by 15 million. Are they going to be making 15 million? So those are things you ask yourself sometimes so no it's not that i don't want a short test selection, i'm kind of back on the signs of wanting to be bearish.

I just know that we've seen, i think it was in the past. I remember it was one of these last runs kind of like this. You see how this just kind of kept grinding up. So i think this point here was kind of.

Like part of the euphoria, you see how he kind of snapped up and ran, and then it very easily gave back that gain and then it kind of bottomed part of me thinks we're kind of going through the euphoric run here. Mind you bitcoin right bitcoin might take off here, so it's like if bitcoin goes through a ridiculous run to a hundred thousand who's to say that this is going to come down right away. So what we do know is, i feel, like we're slightly in a euphoric run, so we have to really be patient and make sure that the euphoric run is done and then once it does, it should revert back some of those gains and then to answer your Question basically being high in the standard deviation, we are very high in the standard deviation right so, statistically speaking, based on probabilities. These are typically areas where people would take advantage on the selling side.

So, let's see 180 day. So if you look at the 180-day 4-hour chart, you will see that we slid over the plus 4 and then we just gapped right back down under it today. So you know for what it's worth we do have a gap down today. Is this the exhaustion gap? Who knows so pretty much just following trend and understanding where we're at in uh the trend um? So let's see what this sbea is looking like, because it is up more now.

Why is this not working? Okay, so did my thinker swim something's off there we go s-b-e-a very interesting, run black rifle coffee deal. Now. Let me take a look at cl and n here kind of interesting i'll, say: nxtd is kind of starting to pop up a little bit might just be like a little short-term reversal in the market. There uh sba or what's it called s, s b e, a you know, that's starting to see like a little selling pressure there on the top.

Nothing too dramatic, though so uh yes, yes, that is james blake. To answer your question about the volume system uh 180 day and the uh, so the question is, you know we'll see here i mean this was a big squeeze right, but it kind of looks like true momentum in my opinion, so i still think there is uh. Some strength here in our friend uh sbea, myself, um we haven't really put in any big super recognizable lower high, though so part of me believes we still have uh yet to do that so again, if this was truly the euphoric run, a lot of this gain Can be given back pretty easily right, so that's the thing if this, if this was kind of what the market truly should have done, and then the market got too excited, these gains will get given back pretty easily. Now, of course, that's if right hindsight, 20 20 watch it go up to 20 bucks, it's like, oh clearly, it's not the top.

So nonetheless, this has a lot of momentum. Uh we're still just following it. It's pretty straightforward! Hmm, all right! One! Second! Let me let me look at something here. I need to do something quick, really, quick.

Ah that's annoying figures. Why would it be that easy hmm hold on hmm? I thought: okay, hmm, why won't it find it? That's so on i'm trying to figure out the outstanding shares on sbea, but i just can't seem to find it hmm yeah. So does anybody out of curiosity anybody know the outstanding share count on uh yeah. What's the outstanding shares on sba, i'm trying to find it myself, but have a middle finger, not anything on finviz couldn't find it on discord, so that would be good to know because the outstanding share count.

You know, theoretically, look veteran focus. Black rail coffee is going public through the spac deal and it's got a valuation of 1.7 billion right, so whatever the outstanding shares are right. That would be the true valuation that company right. So if my company boiler room trading is valued at 1.7 billion and i'm the only owner - and i have 100 percent equity stake when i sell it, when i sell my shares off, they would be valued at 1.7 billion.

Now, if i have five other partners, the 1.7 billion would be dispersed amongst all of us. The outstanding shares would be the shares that connor owns, hence valuation. So if the outstanding shares of boiler room trading, if the company boiler trading is worth a million and there's only one outstanding share, then that means that one outstanding share is worth 1 million. So would be good to know so, 43 million right.

So if the uh so 43 million, so let's do a little bit of mcmath now remember. This is also a speculation market. Keep that in mind, so it doesn't matter what the true evaluation is as long as a bunch of kids with bike helmets want to strap on and ride this puppy up, it can keep going um um. Is that right i mean just do it on a smaller scale, then so that's 1.7 billion.

Stop it conor get your together. What are you doing? It's like just just no that's just annoying yeah. Theoretically, they would. It would be valued at 39.

A share. I mean if the company you know is really one point: value of 1.7 billion and 43 million outstanding shares. Then i mean true: valuation would be like 30. You know 39, theoretically, um so we'll see how that holds up now.

I guess i'm sure, there's probably some things, i'm not understanding like exactly how spac deals work so take it with a grain of salt, 34 outstanding yeah was someone someone giving me the float, anyways olb, i'm pretty sure. I literally just looked at this like half a sec like literally yesterday. I did just look at this yesterday wow. What do you know on 10 26.

It's got ant miners 10, 26., so 10, 26. yeah. So, on 1026, it's actually had really good news about buying a bunch of ant miners ant miners ant miners, so smart money, yeah just behind the market by a smidge here, so smart money loaded up and now the algorithms are kicking positively and pumping a little bit Of news that way it hits the retail market scanners, so some smart money's probably getting ready to sell some shares onto retail. Here um, it's pretty straightforward.

I mean the news was on 10 26 and then you just got an update here. Olb says merchants using company software blah blah blah mastercard. So is it really the mastercard news that everyone's listening to, or is it really all of this ant minor news from the other day ago and the smart money's accumulated and they need retail volume in order to liquidate positions, or else they crash the stock? So now the volume's in the 500, thousands they can start liquidating a little bit to you guys off this mastercard news yeah. So so yeah the olb news, good news, uh, definitely strong, definitely keep watching it's more of just ride the momentum, while it exists and there's a bunch of people in well before you they're, already making tons of money off of you for your purchases this morning.

So just just know where you're at in the food chain, all right so there's it so it appears that olb has obo group announces on 1026 a total of 600 ant miners blah blah asic miners in operation. So this would be like okay well, how much does 600 s 19j pro cryptocurrency asics miners mine, and then you could figure out okay, so annually they can make roughly x amount of dollars, and if the valuation is over that then you'd have to figure out. Where else does the company make money to justify the valuation? So those are all questions i don't know so. I'm not gon na go and try and figure those out right now, but you could do that yeah, and this was literally something that i just looked at.

Like yesterday, i'm like, oh, that's, a pretty low risk long and here we are today that's very interesting. 191 out million shares okay. So let's redo that, if that's the true one, so if it was well, if it's 1.7 well it'd be one seven zero, zero divided! Now by 890 that would be svea. That doesn't make a lot of sense to me.

No oh yeah! No, it makes kind of a little bit of sense, so anyways olb good move up. I mean trade. What you want to trade watch, what you want to watch? Uh chgg actually hit our unusual skin today. So just an fyi, that's on the unusual skin, probably because it's down so much right now now i don't think you buy the dip on that.

Just yet um lawrence olb watch watch, uh and olb. You can short it if you so choose. If you so choose just an fyi uh, what's sbea have to do with trump, i have no idea, i don't think it has anything to do with trump. I wouldn't surprise me if somebody tried to tie him to that, though, and you know how the market works um, so we are starting to get a slight bearish divergence on the relative strength index.

We did just get a trendline break to the downside, uh we'll see if it amounts to anything or not yeah i mean i guess i yeah i'm not like. I said i'm not not following that, but okay, very nice, yeah fcel yeah, that is kind of coming right back down. Is it not? Oh sorry, all right guys we got about two minutes till the open, just an fyi.