THE STOCK MARKET TOUCHED SUPPORT PRE MARKET AT 425
🔥 GET TWO FREE STOCKS HERE https://bit.ly/3fukyhO🔥
✅One on One Mentoring https://bit.ly/38kPv3O
✅ Day Trading Course ( TRADING STRATEGY) - FULL GUIDE https://bit.ly/2C3dnMU
✅ Those Diagonal Trend Lines On My Screen https://bit.ly/2XOp7uR
✅ Custom Volume Scanner https://bit.ly/2UqlKZ5
✅ Fastest Market Scanners https://bit.ly/3uo6cVg
DOWNLOAD https://bit.ly/2PxgXSy https://bit.ly/2DujgU1
✅ Fastest Market News https://bit.ly/2DuaPbj
Unusual Option Scanner - https://bit.ly/2Y82YYj
✅ Free Chatroom 30,000 Members https://discord.gg/h3sgSpP
✅ Boiler Room Trading FB GROUP https://bit.ly/2PxD2k5
Most Popular Standard Deviation Videos
1. https://www.youtube.com/watch?v=al4WTRYFUU0&t=6s
2. https://www.youtube.com/watch?v=tNdpkHGhn_E&t=4s
3.https://www.youtube.com/watch?v=w4wEK5lUtuY&t=70s
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
🔥 GET TWO FREE STOCKS HERE https://bit.ly/3fukyhO🔥
✅One on One Mentoring https://bit.ly/38kPv3O
✅ Day Trading Course ( TRADING STRATEGY) - FULL GUIDE https://bit.ly/2C3dnMU
✅ Those Diagonal Trend Lines On My Screen https://bit.ly/2XOp7uR
✅ Custom Volume Scanner https://bit.ly/2UqlKZ5
✅ Fastest Market Scanners https://bit.ly/3uo6cVg
DOWNLOAD https://bit.ly/2PxgXSy https://bit.ly/2DujgU1
✅ Fastest Market News https://bit.ly/2DuaPbj
Unusual Option Scanner - https://bit.ly/2Y82YYj
✅ Free Chatroom 30,000 Members https://discord.gg/h3sgSpP
✅ Boiler Room Trading FB GROUP https://bit.ly/2PxD2k5
Most Popular Standard Deviation Videos
1. https://www.youtube.com/watch?v=al4WTRYFUU0&t=6s
2. https://www.youtube.com/watch?v=tNdpkHGhn_E&t=4s
3.https://www.youtube.com/watch?v=w4wEK5lUtuY&t=70s
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Good morning, ladies and gentlemen, everybody boys and girls welcome back good morning, uh, okay, so um we will start with the bad news. This morning. On 10 1 2021 conor polafron has effectively gone negative on youtube in terms of subscriber growth over a month to month basis. That's the first time it's ever happened since we started youtube.
So that's the bad news unfortunate, but the good news, but the good news is um. The good news is the stock market finally fell down to support um. So you will know that if you read the community posts from my youtube channel, we mentioned we entered, i entered bearish overnight, expecting a gap down from the market, so i was right and wrong and i'll explain why. So yesterday um ended up entering bearish into the market, about here expecting a gap down overnight to profit into or if there was no gap down.
Then a bearish move on the market to profit into well. The expected move of the overnight move or of the drop or the profit target, or as far as we thought the market would go before it would make sense to take off the short or the position, whatever you want to say, was 3 54.. That was our downside target, so we go short market gaps down overnight to our price target market, then bounces back up to our entry price. If we stay here and open the trades going to be flat, it was a it was a short play via options.
So the market has done the move, but options traders will get no profit welcome to options they suck. Sometimes, if you were short, shares, you'd profit. So people always ask me conor. Why don't you do options? Well? Because you can run into situations like this that that's occasionally, why? Sometimes i avoid playing options, because you can be correct on the market and you make no money because of the way that you're allowed to trade options based on timing market close market open.
So i successfully predicted you know like a five point, move down in the market and i'll probably make no money from it sweet. So you might be oh sure you did bud well when we change the time frame to, i think it's a four-hour chart. You will see the market sold all the way down to our negative one deviation mark, which is right here. This was the first long counter trend support that we had mentioned to you for the past two weeks.
So when we were short expecting the market to go down overnight to the negative one deviation, it happened, but it did it in a way that you can't really profit from the move based on the options so um. We actually didn't fully touch the support, but we were damn close this morning, so anyways um. I imagine that there's going to be a pullback to start the day. I don't think that the markets are just going to run right away out of the gates.
I could be wrong, but let me explain if you look at the s p 500, though so i might be able to profit on this move. I might have had an early enough entry and we might start the market with the bearish enough move that even if it's a quick bearish move and then the market goes bullish, i might still be able to make a little bit of money. I might be like break even like a few dollars red few dollars green. I don't really know for sure should be right about that point. But if we start with the pull to the downside, then i'll probably make a couple bucks so um. If you look at the s p 500, i think the daily chart you'll see that we really just bounced back to resistance or support all right. So it's you're - you might get slightly confused here, so the nasdaq hit support today, but the spy didn't and the spies bounce back has bounced back to resistance, but the nasdaq hasn't so i think we're treating then so. I think the spy is bouncing with nasdaq support and then the nasdaq is going to pull back at the open off of s.
P. 500 resistance. So let me explain so if we look at the daily chart on the s p 500, the plus one mark that we would bounce off of was down at 423. We didn't get to 423 okay, so that would be right.
There uh the four hour level for a bounce i think, is below that so yeah, that's there. So if you look right, watch we zoom in that red level. We just put on the charts right there, so we did not bounce the s. P.
500. Negative. One deviation the nasdaq hit the negative one deviation and bounced right, and then, if you look at where the spy is, the spy is bouncing all the way back up to the four hour plus one uh or i think that's negative one yeah the spy is bouncing Up to the four hour negative one: resistance which exists at 432., so the reason that the s p 500 is stopping where it's stopping this morning or slowing down is because it's getting bought up into a known resistance area. Now, theoretically, i think not.
Theoretically, i believe this is going to end up breaking today. I think the markets are going to be strong enough to break this but um, but nonetheless, and the reason i say that is because yesterday it was support. So let's extend this left so realistically this is looked at as a support area. We ended up breaking it yesterday, so the market is coming back up to see if it can get through.
A portion of me wants to believe that it can do it a person who wants to believe that the market is bottomed. So i'm going to be a little optimistic, expecting the markets are going to go up and try to break back through 431.91. But if we do get up to this price - and it really struggles - don't be surprised if the market pulls back on the s. P.
500. From here down and that's where the nasdaq will end up pulling back off of its move, so um kind of flipping bias a little bit back to long bias. So as soon as the market opens, i'm gon na have to close that bearish play probably for a loss most likely, and that's only because the markets made their bearish move overnight and they made their bullish. Bounce back off support same thing throughout pre-market, as opposed to at market open um, and that's a lot of times how market makers are going to dick you around. So that's always why it's somewhat! You know kind of sketchy always going for like the last little bit in a move because on options like this, because if you're just going for that last little stretch a lot of times, you just can't get it based on overnight trading and stuff, but anyways um. That's the market, for you guys in a nutshell, so probably going to be back long bias, the market and the main reason pretty much. The only reason is, we came down close to the uh, the negative one deviation on the spy and we're bouncing the negative one on the nasdaq, so it makes more sense to be back kind of watching maybe for a long bias accumulation. At this point, i will only start going back to being bearish this market if, in the event, we're sliding down and trying to break 354 on the nasdaq or the negative, one deviation on the s p.
500. So, unless we're going through those points or coming back down to test them at this point, i think you should watch the market more on the long side for potential accumulation. Um yeah, that's about it cool um. Also, today is going to be a s.
Uh uh uh a shorter day, only going to be on till 10 today, and then i told you guys incorrectly yesterday um, i actually leave wednesday and i i think i leave wednesday afternoon yeah wednesday afternoon next week. I leave so i will be off thursday and friday. I thought it was thursday i was leaving but anyways my fiance made the plan. So that's probably why i don't know um so anyways i'll be off thursday and friday of next week, but yeah.
I was gon na say maybe i can get like a market update video out somehow, like that's, probably doable like some sort of small pre-market update video out for you guys the morning of as opposed to a three-hour video um. We might be able to do that. So i'll try my best to have something out: that'll get you guys up to speed on the markets uh thursday and friday, i'm going to a very i'm going to mount rainier in washington, so i am probably not going to have the best reception. Generally speaking, when i go on vacation, it seems like i never have reception, because i'm always going where there's no reception, but i will try my best to do that.
Uh one second guys what a freaking bounce back so annoying i mean you didn't like okay, so yeah we'll make sure i get through a couple of the ones you guys want to take a peek at too neotops deliveries bgfv. I remember bgfe from a long time ago. Montero 38 short float slowly crawling up. Well then, where is your first one out so bgfv? Okay, good morning from seattle good morning and good morning, good morning, you a plus this week the market yo you maru par.
I appreciate you brother, been there a couple times, you're gon na love. It awesome. Can you look at wayfair? I would love to look at wayfair. It's been a long time since i've i've looked at wayfarer. Last time i looked at wayfair was when i was in my living room. You know at the furniture they sent me go over gps, well, uh, yeah! So gps, it's um! It's most frequently used when you get in the car and you're traveling to a location that you're not quite sure how to get there on your own uh. It used to be done on these little black boxes. That you'd use like the sticky thing to your windshield, but then google came along and then we were able to do it from our phone uh.
So that's that's! Usually how that happens. Oh the stock! That's what we're here for okay, all right, all right! All right! Give me a second we'll get there we'll get there, but if you would like to get there quicker, you could probably just google it yeah and no, i'm not bougie enough to drink starbucks like that. But this drink is damn good and since my fiance was going anyways, i might as well okay um, so everyone should be pretty caught up on the market. There um it just again on the s p 500, that pricey we talked about being a resistance.
Maybe like a hesitation area was 432 ish, 431 90ish, so around the 432-ish price, don't be surprised if the spy starts to hesitate and also that last pop you seen on the s p 500, there did so with a bearish divergence. So that already is signaling. Slight weakness on that upwards move into that resistance zone that we identified uh. We did not talk about bby um, all right, so i'm going to run through the first couple stocks that people had uh recommended looking at today, we'll run through those atr is um.
It's actually kind of has some opportunity, so yesterday was obviously a good day to buy a dip. Then the question is: can you continue today? So so? Yes, you are asking the question of. Can atr have continuation day? You probably recognize it now because of yesterday right so yesterday happened now. People see it right right yesterday, you know it's, it's kind of like will zalatorius right.
He almost won uh the masters right. He came close and now everybody knows them right. It's like once. You do something big enough for people to recognize.
You then they're. Like oh, come on we'll do an interview. Oh connor, you got 173 000 people on your youtube. Would you like to spot? Would you like to do a sponsored video by our forex exchange? No, we don't trust forex, we just don't trust it.
Okay, i have yet to this day to do a paid sponsorship. Video, but i might there is a there - is a there - is a paid sponsorship that i actually might do, because i kind of like it. So, first one after like three years: it's crazy. So we all know ater now because it's big enough to know atr now.
So, let's just see if there was anything from yesterday. So ironically enough yesterday it holds its half deviation price. Those are always kind of iffy, but anyways it did. It held its half deviation price, and now it's bouncing back up the max target. You would go for a long on. This would basically be back to the previous high levels, almost of 1507 to uh 1496. huh. I mean you were doing this like tiny down channel um yeah, i mean actually, i kind of think you could see that move higher um.
I really the objective would be getting through the previous high here, which is a little easier to do. Um. The max target would be 15 to 16., so you could look for along over the previous day's highs. The chart doesn't look terrible.
This typically would not be a setup. I would be treating myself normally, not that's a setup. I would betray myself normally it's just kind of soon for me to recognize if this is really going to rip, that's just kind of it um. You came off.
Half deviation support here. That was your dip buy, but i just don't see it breaking out big big time. I don't know, i think it's just a little too soon, all right next one is z-o-m. Z-O-M is a lower price stock pops up to 76 cents coming up close to the previous high, no resistance, unless it was here, that's at 66.
could get up to 98. uh regarding bmra bmra is kind of grinding up my max target for bmra for like when I first saw bmra was at six bucks this morning after that big candle um, my max target from there was about seven bucks - 65 cents. That's that all right, so with z-o-m yeah i mean i don't i just um, maybe 30 minute, overbought yeah. I would say your breakout level is through 66 cents right now.
Your support level is 60 cents, so markets are going to try to push up to break out of here and it failed and the markets will move back to about 60 cents on zom um yeah we'll take a look at bitcoin too a little bit too. Ah, marshall rodriguez, he made six points on dltr to the downside, using the deviation strategy. Does anybody wonder why we're going negative on youtube these days? I will say this: that's actually me just being a salty little girl um. I have red it's possible.
Well, clearly, it's possible i'm witnessing it in real time bro, but people have mentioned that streaming really isn't the best for youtube or growing a channel, which i do still kind of find that hard to believe to some degree. But there has been talk about whether or not streaming full-time and youtube is really beneficial. Whether or not it is helps you grow more. So there is really discussions about that and debates about that um.
So i already know one quick fix for helping growth on the channel at this point probably would be not streaming or even as frequently as i do, but also to the to a degree. Most of the videos on my channel are stream videos, as opposed to me actually making videos video streaming. Videos, don't really help. You grow.
It's the other content videos you put out that generally, the ones that get subscriber growth and things like that, just in fyi. So everybody is all aware and we're not all crazy here, um but nonetheless, nonetheless uh good job on the six points there. That's awesome, that's great uh, howdy, happy friday, zom, rippons, dudes max target on bmra is seven dollars as well. Looks like someone is, you know, kind of coming along here. Oh that's, right. Amc is probably ripping this morning. No god damn it. I forgot to buy it just take a second just take a second one of my glasses.
That's, okay! That's okay, that that's all good! All good, so where did it go? Oh, what do you know? It basically went to our price target where we said you were supposed to be getting long, but then the market gapped down overnight and did all that dumb and connor wasn't following it, but nonetheless doesn't matter. I'm late wasn't paying enough attention to it. I told you so, but i'm an idiot, i mean how much more accurate are we supposed to get. I mean sorry, whatever doesn't matter.
I was snuggling my dog yesterday at that time, which makes me equally as happy, but damn it man. What's the point of sitting here for weeks doing your analysis perfect if you're just gon na miss the move, anyways well um? This is the moment in time where i tell you that you already missed the move um and that, when we were here, wait did i do that for amc way to win a tick? Was it the 36th price? Remember yesterday i was like when you go to that price. Your first target's going to be back to 36. It went even higher than that.
That's crazy, so yeah that was. That was one of the buy points yesterday. This is so unfortunate, but anyways all right. Let's look at it so yesterday and for like the past couple weeks we had pretty much recommended.
You really wanted to be long amc down at the price of 32.90. Well, the market ended up going to 33.70 and bottoming yesterday, so we came into enough of a demand by that negative one deviation, so we'd pretty much suggested in the event you come down to here, or the market comes here and bounces. You would then go from this level of 32.90. You would first target back to the daily chart level, which was at 37., so our recommended trade for amc was to be long off that red line specifically if you were trying to be as perfect as possible.
Well, the market came down to 33.70 and then it just bottomed volume thinned out and then the big old ripper magoo all right, so our recommendation was basically long off red target back to that red. Well, if, when we got to that red line, there was no reason to sell it right. Think about it. When you got to this red line, look at the volume the volume was starting to go.
Absolutely mick moon gang mc just gang bang. It was just ripping it was just i'm so mad at myself, but anyways. So you know think about it, hold on think about this too, for a second look at where we recommended you buy here, which we didn't hit there exactly so we're just going to say that we recommended you buy this because we said start buying into that price. Right, okay, so that's where we're recommending buying - and that was also days if not weeks ago, look at where the volume starts to come. In here we told you that price. Over a week ago, volume comes in at what we recommended being one of the cell targets. Right so we said this is where you buy. That's your first sell, so our recognized first potential sell point, is everyone's obviously buy point so crazy.
So this means you probably stay a little long bias. I think i mean not. Really you really don't have much room to go on this for right now, um yeah! If we didn't break this out yesterday, then you'd still have room to go, but um yeah, you, don't you don't because you already already did it all right, so you had broken through our first target and then he squeezed up to this one. So if, in the event, amc does actually rip up today, which i guess is possible if the market continue to run, but if you look at the s p f, please go look at the s p 500 and look at what's happening to the s p.
500. It is s p 500 going up or did it hit resistance at the price targets? We pretty much told you. It was going to have resistance, so anyways s, p, 500. It's having resistance where we mentioned is going to have resistance.
So hopefully, the market continues to pull back going into the open, and that would allow us to make a slight bit of profit on that overnight trade. So if we're lucky and the market does continue to go up on amc, which would be more easy to do. If the market continued to go up, which actually amc started to run yesterday without the market going up, so that tells us that there's enough people kind of in amc to get amc to move, even if the market's not going the same direction. But it would still help if the market was going the same direction, so whatever max price target you can have on amc for right now is 41.95.
It is not my belief that it's gon na hit four. Actually, it should be my belief that we're gon na hit 41.95, but i'm just less optimistic, because the move already happened and that's how fast the market happens right. So then the retail market's gon na come in today and go oh look at amc started moving yesterday. It's gon na be sick, dude and then it ends up being a shitty day and then like and it's because the market you were supposed to buy it at the prices we were mentioning yesterday.
Your first sell target was 36.37, which ended up being a first buy target and then they bought from there and then moved up to the 41.95 target. She already hit two resistance, long targets yesterday off that move and pulled back, so you already missed the very easy fluent movement on amc from yesterday uh. I did too sucks. It's such a shame, such a shame, something that could happen, but i don't really think it's gon na happen because it just doesn't seem as likely. I think, yes, you still watch amc long bias. You really shouldn't be like extremely short biases by any means, because we're coming off our long, so i would probably watch amc, for you know, maybe even a pullback to support and a hold which right now the daily chart has it at 36. We squeezed up so it could even be up at like 38., so yeah watch for like a pullback and then like a support holding a bounce today from amc. Unless the market end up like falling apart and being bearish again, then anyways all right.
We're done with amc all right, mr montero. We're going to take a look at bgfv here. I may never be a trillionaire, but boy do i have fun. Looking at stocks, the bgfv squeezed here up daily chart not overbought sold back down to the negative one.
So you're selling rolling down into a support level, so you'll probably have some hesitation and some slow down from bgfv here, yeah you're, probably going to be like slowing down right trying to hold. I bel it's my belief that it's going to struggle uh this time as opposed to the previous time, see the previous time we broke up. Then we came down into support. Okay and then we bounced away from support, and then we rolled down into support did a little mini bounce and then rolled right back down right.
The more times we touch supports the weaker they become etc. So i think you are in support you're not going to see an immediate breakdown from this but um. I think you would just give it like slightly more time. I guess it's the best way.
I could explain that yeah alerts on your platform. I get so many alerts on my platform. I need to just keep like a big yeah. I don't use enough, maybe enough sticky notes - or maybe i just got to keep like a big little white board right there.
It says amc, five thousand dollars, don't amc. 20. 000, don't forget it and then we'll be fine and i'll. Never.
I will never not be long i'll just be long. You know a guy who sells five thousand dollar courses. Well, did he at least tell you how to trade a bull flying? That's all. I want to know if i'm going to spend five g's in a course.
I just want a bull flag. Just tell me how to buy a bull flag. That's it! That's all. I want to know tell me how to make tell me how to make a living off dividends out of a five does he does he at least tell you on the five thousand dollar course how to how to how to live on dividends? Did you at least get that far yeah just have two million dollars straightforward everyone's got two million dollars, okay at least get five for my kid.
I'd sell them. Oh man, i didn't short at 41 like a well. You know i can be a with you. Bud buy and hold amc easy as a k, a caveman can do it.
No a caveman can't okay, because he's still struggling getting connected to the wi-fi mrk popping on kovan news. Is it uh? Well, it's not on my scanner, so it just might not be hidden. Like that, but it's oh, it makes it's 81, but it makes more sense. Oh my gosh did mr did mrk make a vaccine that actually prevents you from getting coveted once you get the vaccine and spread no, never mind. Oh sorry, no! No just kidding but yeah. You can see that right, kdcpo, i'm looking at amc and it looks great, it looks beautiful, but that already you know it's like it already happened. You know it's like it might. You know, still have some movement and some tradable action, but it's like yeah, you missed.
That's the second time i've done that. Recently too, i missed the last one and this one i'm super frustrated i'll, show you which one the last one was really big too uh it was it was. It was a bottom bounce one. So it was this one.
I don't think it was that day it might have been this one. It was that one but anyways all right. Let's take a look at w wayfair. This was from earlier request.
If you may um, i mean yes, it's coming down into known support areas, doesn't look like it's hasn't been trading down here very good. You know this is something where i might. I would not might like. I'd.
Probably just follow the weekly chart, so you i would. I would probably use like a price action trend here. I know i'm always on like standard dev stuff, but it's like you know. This is still a situation where i probably use like a trend, because price action trends can also give you an idea.
As far as like, when a trends actually change right, we're looking at the standard deviation big. I think this is low risk, low risk, low risk, but once a price actually goes through a previous price action trend, so if, in the event right, you know we could be like, oh well, i think the negative one's a good price. It's like true right. We could bounce bound to the negative one and then bounce right back up right, but since we're not actually crossing the trend, it might not be the continuation move.
It'll just be like a reversal counter trend. So that's another thing too, when i'm like, oh guys, like i want this price, like that's the low risk price and then i buy it and then, like three days later, the market's going back down again like so well yeah. It's still a counter trend balance right. It's the lowest risk possible, buy opportunity as the markets are going down right um.
So that's another reason why you still use uh price action trend because that's important too, so you know anyways, i'm saying you know if we drop down to the negative one deviation here. Yeah we'd probably bounce back up, and then we would probably do something like this and then come back down right and then maybe retest it again. Until eventually, we kind of get to the point where we're crossing this weekly trend and then maybe that negative one deviation hold and push through, is one where it really rips right so anyways. I think it's a situation where you're not going to get a ton of bullish movement out of uh out of wayfare. I believe, even looking at the weekly chart gives us a little bit of a peek into the future and to me, that's that's more or less expecting that this price range is going to be anywhere staying below this weekly trend and staying above that standard deviation. So i think anywhere fluctuating from the 289s down to 240s theoretically is very possible. But if we look at the daily chart, i think we'll have supports before that. So you'll probably get like maybe a little intraday mini bounce around 245.
Next, there's also a gap to fill here, so it's probably gon na fill down to that 245 mark, so slightly bearish, going into support right now right last one is gps. Uh, we'll take a look here: gps push down again, going into deviation levels on the downside, so yeah expect about 22 to 21.36. Out of that, on the downside, i don't think it's going to stop right now. I think it should go lower all right now we're going to move over to bitcoin um.
So this is the moment where you know bitcoins going up, 500 million thousand buy it. This is the moment where i just max out your credit cards max them all out. Even if you don't get zero percent apy for the first 15 months, just max them out, yolo bitcoin, safe moon, dodge doge, dodger magoo, i think that's probably the best non-financial advice. I could give you maxing out your credit cards with, even if they're, not zero percent.
Apy, even if you have to pay 26 percent at the end of the month, just max them out, doge bitcoin, ethereum, cardano, safe moon, litecoin, everything just yellow what would dave ramsey say about that. Probably probably wouldn't be too happy with me all right. So this is where we really stop the joking and say we did mention that being long bias here was okay, i even said just like two days ago, not that you should ever listen to anything. I say, but just two days ago i had mentioned, we want to see this price, but i'm fearful we'll even get there.
So i'm just starting to add long into this and treating it as a zone just buying long into this hoping we go there. But knowing we very well may not, and so as long as so, if we don't i'm getting some money into this play so started, buying bitcoin pretty much into that dip and we just spiked, so that's cool um, so pretty much just gon na continue buying. This continue buying all kryptos kind of um. I i see it being pretty bullish now, um, let's just let's just throw out some crazy ass price so that when it happens and if it happens, i look like a savage that would be cool.
So we'll just do that, so the next price target i'm gon na give on bitcoin is going to be well. Let's think 96 000 is too little because well we'd have to go to three deviations. So let's say we go to three deviations. I will say: bitcoin goes to basically a hundred thousand hundred and hundred and twenty thousand hundred twenty five thousand anywhere from 100 to 125 000., all right. So the reason i say that is because if we were to go straight up right now and never stop so if we went straight upwards right now, the price target would be 98 000. It's my belief that we're not gon na go straight up. It's my belief. We would probably do something like this and it would be like that any of my samsung users - oh i shut it off, but hey my samsung users, know that one.
So it's my belief. We will end up going upwards. Something like that and what's going to end up happening, is the channel will steadily increase over time, which will then make that a higher target than 96 000? So that's why i'm saying anywhere from like 120 - maybe even 130, because if it ended up taking five six seven months to do that um, then this channel would increase from 96 to 98 98 to 103 103 to 105. All the way up until the price eventually hits it, and then we would go into a sell-off, so yeah i'll just i'll just say it's 125 000.
we'll see bitcoin at eventually and then and then we'll have a big sell-off and it's only 125 000, because i Have absolutely no idea what the price is going to be. I could tell you 96 000, but it's not going to be 96 000 because, as the price of bitcoin moves up, 96 000 will change. So i'm just going to say it's 125 000., but whatever day and point it at as if it gets up there and it's trading at three deviations i'll, let you know and then we'll probably pull it back. This pullback here at 65, 000 on bitcoin, is when bitcoin on the daily chart was trading at plus three and plus four deviations, and then it pulled back.
It stayed trading up at plus three and plus four for a couple weeks, so it did make me um for a moment in time. Think that maybe bitcoin didn't fall or standard deviation, but then sure enough. It pulled back and fell straight on its ass and i'm like no, you follow standard deviation too, so i had to witness it firsthand, but bitcoin and cryptocurrencies do follow standard deviation. So in the event, bitcoin goes moon gang gang gang gang all the way up to three deviations.
We'll probably tell you to be bearish at that point, but for now we just bullish. Okay, give me a second, so i am i can't i can't i can't lie. I am really excited for it to be christmas. I know that's a weird thing to say, but aren't you yeah really really excited for it to be christmas? I just love the christmas season.
It's starting to get a little chilly here, so i can already tell the winter winter is coming. The white walk is soon to be here all right um. Where are we at this morning? All right? So we finished on bitcoin. So everyone knows that bitcoin is going to six million dollars. That's good! All right! Um! Everybody knows how to use gps again, that's good all right! Well, this is a good morning. This is a great. This is a great friday mix. Snuggles mcgee, oh yeah.
I might as well uh i have so much content in my streams, like literally i could probably make videos for years just out of what we've had in streams for three hours. I could probably make videos upon videos upon videos out of the streams realistically um whoop whoop amc ttm. I in the money calls at 45 i'm good waiting on amc and at 45, 36 and so any start at 19.. I'm in at 20 still think you can go to 100 might be delusional.
I think amc does have a move. Wait, let's just double check. I think amc has a move to 100 now. Yeah amc has a um, a three deviation move at 101 now and on the four hour chart it might be higher and the four hour chart is 105.67.
Ah that i mean this chart is kind of got some mcbowley magoo going. Let's see what gamestop looks like again, you've been wrong, calling amc at every turn. I don't follow your perspective on this stock and thankfully made money, huh, yeah, i'd, say: we've probably been wrong at every turn, yeah 100 percent. I would i mean i would like to disagree, but i would really just say just specifically at which moment in times would you say i was wrong and then that way, i can go back and learn from my mistakes and get better.
But i think you'll have a hard time finding that uh c-e-i random five, now pollen pulling back yeah cei uh pulling back now um i mean it's still holding up okay but yeah you're, starting to see that a selling pressure you're, probably better off selling cei at These prices again it's over plus three plus four plus five, maybe even trading at plus six. Typically, these are selling locations. I've made 11 out of the last 12 trades on amc successfully, nice jd, monderna fami, oh duh, hmm, no winters here in florida. That's for sure! All right, sorry, i was just reading through comments there.
Okay, i'm so pretty caught up, uh yeah i'll go back and look at fami, so that was that was a hot topic. Yesterday, um, you know the fan. Girls were out yesterday with fami um, so our recommendation was pretty much you're only going to be looking for a long breakout through 51.52. That's pretty much going to remain the same, so unless you're going through 51.52, probably going to want to be um, i don't know what you're going to want to be.
I have no idea um neutral, happy sad. No, but there is. There is a plus one deviation mark on the four-hour chart right at about 51-ish 52-ish, and that was sort of a resistance yesterday and if fami is going to continue running higher, i would assume it's going to need to to try and get through. That price point need to make thousand a day to pay off my credit card.
What's the best play, hmm? No, but seriously what is the best place? We were trying to make seven grand today: well, not seven grand but just a good play realistically. Where could you put your money, you need something with volatility. You'd need a big stretch. Oh man, i'm not going to lie. I look tired, but i feel well rested. I took a nap yesterday like midday. I usually i usually try not to take naps because then i feel guilty that, like i'm missing out on the day and i'm not doing everything i should be doing, but yesterday i did and then i went to bed early and so i almost feel like i'm Overslept but oh it feels so good hmm makes me feel warm inside. You know um, so yeah stretch move.
So i think if you short stock cei is a potential um, but maybe not yet that still has some strength to it. That i think, is gon na make that really annoying, but that's gon na be a good short and a good bearish move sooner than later, and that's gon na have money to be made on the downside. So if you're a downside player, you can watch cei. Today's tomorrow's next couple days - i know - that's not today today, but that's a good play coming up, um the nasdaq.
Well, not the just the market which see that's still not necessarily today, that's not today. Fami is kind of, but not really, let's see what this avir. That's kind of interesting, but not really yeah, i would say i would say a good potential today is the market actually, if the market really did bottom, i think this isn't. This can have a good rip to the upside um.
Where would we go, though, right? Where would this market actually go back to so we would have to believe that the market is reversing and probably going back to 360. 250. 360. 250..
I would say a play that i'm going to be watching for in the nasdaq. Today is going to be long bias at 360 250 and that would put the spy at yeah, i think, being long. The market might be at play today. I'm gon na follow the nasdaq specifically and here's the thing uh.
The spy has that resistance at 431.88. We got ta get through. Let's see, yeah, i'm gon na be a market watcher today. Maybe even a market player, i think, is what i'm gon na be doing.
Market manipulate good luck in large gains, uh. True true, true neo, please, if you say anything other than amc, you're, a hedge, i love it go to work, is the best play the sandman. I love it. I love it.
Stop spending money is the best play. That's a good one huh! I know mike dubs. It's annoying, so you have to go for every one of those studies that you have on that have that phone ring. You have to go into the study, scroll, all the way down and then you'll eventually see alerts down in the very bottom.
Like i'm, you click the study and go to the very very bottom. You'll see alerts open that up and then click unclick play sound and make sure you do that on every single study. That has a sound. If you don't want that to trigger um, you hmm yeah, i need to change our um watch list. Why are you saying what's way? Does anybody know a movie that's from hopefully, or else we can't be friends anymore? Why are you saying what what way um amc is going to be on the watch today? This neo would absolutely make gang gang hot rod. Let's go, i swear, you'd just be hitting the keyboard, but not doing anything yeah, i'm not even we ain't working over here baby. There is nothing. There's yeah! There's, there's absolutely there's nothing going on nothing to see here.
Folks, oh man, oh man, i don't know if you could hear me crack in there but boy, oh boy, that felt good um rain rise conor. I gained more money with your predictions and chart analysis more than the expensive subscription that i joined well. Whatever that subscription. You joined is whatever the price of that is cut it in half and send me a check and we can be best friends.
I just joined two here nothing to see here folks, nothing to see here, folks, that's funny: okay, um, but no seriously. Neo uh good move, i'm working! Okay, i'm working here. What do you? You think this is a home? You think you live here and you think the laundry room's right next to me just clean in there whenever you want it's my office. Jesus no respect these days because women they expect you to pay the mortgage work.
What times are we living in here? Folks, i mean. Sometimes all i ask for is a hot pocket. It takes two minutes, can't even get that two minutes pop her in anyways. You got ta love them, though got ta love them all right.
Looking at neo um, we came close to the negative one here, so negative, one um hmm. This is already causing my brain to overload it's kind of confusing um. I'm going to tell you right now. The likelihood of me being correct on this analysis is pretty slim and i'm not afraid to admit it so yeah the likelihood i'll be right about telling you anything on.
This is probably going to be pretty pretty slim. So the reason why is because we're just kind of trading right at the mean, so whenever we're trading right at this line, uh? Typically things can be slightly more confusing because you're you're not really at an extreme right so like when you're at an extreme. It's like! Oh well, it's either going more more extreme or you're gon na go back to normal right and typically, you know it's harder to be more extreme, as opposed to going back to normal. Well, not in this current moment in time we don't like.
We don't really want to go back to normal, apparently like in life right now. We rather stay unnormal, but in the stock market, it's harder to keep going extreme as opposed to going back to normal. So these are extremes. This is kind of the normal.
So, whenever you're, treating the mean you just kind of get a little choppy, sometimes like like look at it here right like these days right, you're kind of going over and under and over and over so i'll i'll. Do my best attempt here uh if markets were to stay on the bull side today, everything would have an easier opportunity of moving bullish. Now, if markets pulled back, then things would pull back. So i was just getting ready to say that you should look for a pullback to like maybe 3642 or this is 37.80. So did we hit resistance? Are we over that 37 e? Oh yeah, you might look for a target on neo to 37 80.. It looks really sluggish pre-market. I mean we topped here. It's just been going down um, so let's say that we do get a bearish pullback out of the gates.
You probably watch is bearish. So i'll just say this. This is my current intraday support right here, and this is my current intraday resistance. So if i was looking to do a short, it would be a short from where we're at down to this price and then looking for a bounce.
If this does not go out drop out of the gates and it just starts running up, then i would look for a max target on the long up to 37 as 85.. Okay uh mr cheese, please so you want to look at prague, yeah, prague, um, never been there myself, but uh from my understanding and it's a very beautiful place. Um located in europe um great scenery. So if i ever do a trip over to europe, i got ta check it out.
Oh you mean the stock. Give me the stock all right, all right, so wait. What business a forty dollar call that doesn't seem right: you're not going for forty dollars. Maybe forty dollars like invested, i maybe that's it, there's no way you bought a 40 call.
Maybe you did not um, so you will see gap down market flag, so check this out ready. So a lot of people not a lot of people, plenty of people, lots of people, everyone right, like let's zoom into this um. Let me do this well, no hold on. I have to do it.
I guess so. This is a uh, a four-hour chart right. So this is a four-hour chart. You can see, there's a flag here.
Okay, so there's a a bull flag, that's a bull flag right and this when you go and look at a textbook. So if you look at a textbook, they will tell you like. This is a bull flag and the ideal spot for a bull flag to buy is obviously like right before it breaks out, which would be like here right buying that break, or you know trying to get in this break right that that's what they're gon na tell You all right watch what happens when we change this to a daily chart. What's right there, let's delete my drawings, the statistical mean right at the end.
So look it. I won't even draw my own trend line right so i'll draw this trend. This line up to that line and then we'll just use the statistical mean as the down trend resistance of that bull flag and there's your break. So is the bull flag breakout really because you drew your trend lines and the prices breaking over your trend line of your bull flag or is your bull flag breaking out because it's breaking over the long term statistical mean? Oh, my gosh. Sorry, like i said, i'm a little overslept so i'll. Let you guys be the judge of that. If you think it's just all willy-nilly of sorts um, so prague anyways, we went a little further. We needed but break up um.
You ran into resistance this morning at two, so like this morning was a good if you were already long off the bull flag break. That was your first target up, so people that traded this bull flag break are selling at their first target. So this was the stretch of the move, um, so good chance. You continue pulling back today.
Let's see, there's that right there, that's probably not going to do anything for us and then we go to the four-hour chart team yeah. I don't really have a great analysis for us. I would expect it's either. Hmm, let's see you held there yesterday.
I think there's going to be an attempt to go long and i think it's going to try to push up into this 197 to 211 and then it's going to have resistance there. So i think it tops right around here for the day. If it's really going to rip, it's got to get all the way back through 2 15. geez, please uh hot pockets, clog your heart! Doesn't everything? No, i'm just cool more tools on tube than your zoom channel, but you handle it well, uh, scott.
I know right, it's it's interesting! Isn't it instant oatmeal? All right, you know what brian you can't just come up in my chat, bro and be like? Oh michigan. Oh tough game tomorrow, kid, oh probably gon na okay, you know what you come back come back on monday morning, when the dust settles okay, but don't come in here and try to predict the future of michigan. Okay, it's not like i'm here trying to predict the future of the stock market or anything she's, so pete, okay, no seriously, we do get a toffee, but uh we'll see you back here monday morning. You never know those wolverines.
It can be tough. I advertise on weeble for connor and his channel. Let's go add food to your eyes. Oh gosh jd, that's pretty funny! Oh 40.
Call! Please 40 call options. Oh sorry, just trying to read um or well yeah. I don't would you personally day or swing trade bitcoin? I think it's silly to sell. You can just use as a regular minus worth a lot more in usd so um.
I believe that it would make sense to have maybe a trading account and an investing account for crypto, just because the volatility um. So i think you would just you have to be very disciplined in determining and differentiating between. You know what you're going to use as long-term investing and how you're going to use. You know.
Maybe some swing trading, because the volatility on bitcoin and some cryptos is insanely high to the point where it makes total sense to maybe try to swing trade. Some and try to have a higher turnover rate and and profit off swing moves as opposed to just holding everything. But then you're going to be really pissed when you bought something at a great price and then sell it to take a profit and it goes higher and then you're like. So i do believe there has to be. You know you have to determine what you're gon na do for yourself and if you do go that route, then you have an account where you really do make sure it's a longer term one and you know you're, not churning over investments and then screwing up. Your averages, because that's the big problem right is when someone goes in on like a swing, trade or maybe even like an investment, and then it goes up really big and they're like awesome, and then they either buy more at a high price and then their average Goes up and now their average is like right, where they just bought and as soon as the thing dips now they're really big red, and then they sell for a loss and then it goes back up. So that's the other thing too, with like the investing side, you got to be careful not to get caught up in the swings and the emotional side of it and try to make too many decisions, so maybe having two accounts. I know people that do that.
All right give me just a few seconds here. You should make a new finviz video then apply it to standard deviation. Okay, let me go back and look at the market really quickly. Oh man, oh boy, man - i just cannot shake them today.
All right, um, oh uh, does your course go over determining using the deviation levels to predict price. Yes, but probably couldn't yes, it does yeah. I mean this neo um very well looks like it could swing back down towards that 36 41. man dkng down that could very well be on a long day.
That might i actually might have to say that's gon na work really well, because you came down to the negative one deviation. Markets are on the up um. You could be looking at the start. Okay, so you drop that day and then you open up the next day and then you swing down probably convincing people that it's supposed to go down.
They add sure they got sucked back in market makers accumulated shares. They didn't want to push it too high and they brought it back down almost creating an inverse head and shoulders right at the negative one and obviously, if they can get you up and through 48.87, then they're gon na rip. That was probably a false bottom. At 49.
yeah, i think i think you kind of want to watch dkng long, because it's at the negative one deviation price um, but i still, i still don't trust in myself, i'm looking at i'm looking like. I want it. I think it can go long, but i still think the markets are playing a big factor until you can successfully say that market's bottom. I think a lot of these things will struggle to bounce off these bottoms.
So i think you can watch dkng long, but you got to be very yeah very, very mindful of it, because it's just sitting right on the basically the 4812 is that deviation. So it's about it maintaining control of 4811.! Oh, my goodness yeah hi thanks! Oh, my goodness connor uh huh anyone hear of jackets totally yeah right now. I kind of think we'll see you know. Maybe a bearish move to start the day on neo down towards 36 42 she's trying to lay in the mood dkng kind of grinding up in a way that looks a little bullish you, one tickle from 200., all right looks like neo trying to maybe swing lower There amc slight little pullback before the open man, mm-hmm yeah. If amc is along, i can you know the lawn would target for me would be 42 max today, at least for now. I guess you could say so. If amc rips up my max move would be up to about 40 42 right now so play for me. Right now is watching neo bearish, maybe down to that 3643 price, and there goes neo, as you can see almost down to 36.43 again, you can see the day started and neo swung down close to 36.40.
Almost there that's 36.46, so first bearish move down in the day there from neo dkng on the other hand's looking decent uh close, my uh, my put play on the nasdaq ended up. Losing 12 bucks could have been the wrong decision, but all good uh dkng still trying to go up here so far it looks like the spy looks like the spy is holding some resistance right at that level we talked about hasn't been able to get through yet Uh amc little spike up kind of rolling down wow p.e.d, with the big spike there at the open. I wonder if the market does end up kind of i'm dropping off from here today, really maybe, let's see still not on the long side, yet ooh amc weird! Why isn't amc ripping today because it already ripped to price targets? Yesterday, price targets were achieved yesterday, yeah um, i haven't gotten over there, yet so dkng beautiful move. I mean this is so far what you want to see for this bottom yeah dkng looks good.
The markets are rolling over which i don't like, but it's fine, so i'm not not too long biased right now on this, i feel like you could be, though, might be worth a little swing trade. So i'm going to keep an eye on dkng. I haven't mustered the strength, confidence to add a swing long, but it really is more of a swing, long price point, but i'm just nervous of this market move. I don't want this to just swing down, really heavy and then this be pointless of buying.
So just sitting back is going to be patient. I don't know everything and clearly right now. I don't know enough to make me comfortable to do something yet wow ccl and these stocks are just what an impressive move come down. The other day swing right back up.
Very interesting makes me think those are gon na try to go up to the mean again dang neo. What's the deal my dude yeah, i'm gon na i'll use?.
<≤Thank you for your videos mate. I watch them and they are meaningful💥and love your content, most people don't understand the concept OF "buying the dip" buying the dip is all about buying digital assets when their price are down and selling off when the price rise. Holding is great, Trading is far more profitable. I was able to grasp the knowledge of trading crypto assets early enough, but I was still limited due to my lack of technical understanding of how to analyze the digital market, all changed when I encountered Expert Travis Neil. I must confess it was easier for me to understand with his assistance that made me 4.3BTC. if you want any assist on crypto.>>#
so i bought you lines, how to you put those lines that come off to the right? thanks in advance.
Bitcoin is the future ,investing in it now is the wisest thing to do now especially as the current rise.
Hey Connor….Could you please say… Mr. Anderson!!! Welcome back….We missed you