Good morning, ladies and gentlemen, boys and girls hi guys good morning uh. So today a couple things have changed a little bit. I've moved my microphone above my head, so it's no longer on the desk, so that should avoid that loud bang. Every time i hit my hand on the desk and then, as you might see right here, it's like reddish looking velvet, so i actually used the blanket from my house, but over top of my wooden desk, so hopefully it would keep.

It would uh prevent so much echo. It seems like there's always a little bit of echo, even though i have a good microphone and i still have foam all behind my walls. I believe it's my wooden desk and i also have a wooden floor in here. So there's a lot of things that can bounce some noise, so i'm hoping today the sound is a lot better than what it has been add.

Some gain all right, because i am a little further away. One second, the gain is, let me see one second, so the gains all the way down so we'll try it there all right. Does it sound a little bit better? Now i just added a little bit more to the gain there very quiet. All right so needs a little more, which one i always forget top or bottom it's the bottom.

So this would be that's about halfway on the gain right there. Oh, i might have done it a little too much, because that the stream is delayed a little bit. So see what that sounds like, let me know, and if that's a little too loud, then i'll switch it just back down a bit. Alright cool good good um is the echo better.

Is there? Is there less echo than what there typically has been? That's funny all right cool all right, so we'll rock and roll from there like i said the mic is like right, just right there and the screen. I usually look at right there, so maybe tomorrow i'll try and move it to the other side, but just didn't have the time this morning, all right so um spent most of this morning making sure the stream was going to be good as opposed to really looking At too much um, so first thing i did want to discuss this morning was going to be um the market of course. Obviously, so, surprisingly, yesterday the nasdaq ended up going um up a little further than i thought it would uh. Yesterday, our price target for the market um yesterday, our price target to start the day for the market was this red line.

So in the morning pre-market we had suggested watching the nasdaq long out of the gates to start the day where we anticipated. We were going to go up to about that red line and that's a lie because we didn't actually go to there. The red line was like a few pennies above that, so it was more like that we were slightly off in the morning. So to start the day, nasdaq pushes up.

It first goes in tags. The resistance mark on the day, which at the time was like 360 170 or something then later in the day it created well not later, but shortly after it creates a bull flag. Penance triangle wedge. You know, however, you want to describe that.

You know for one. The whole pattern is like this, but inside of that pattern, just from here you have a little bull flag sort of play like another bull flag, wedge inside a bigger one that ends up breaking through the resistance, and then we go on a run now at about The time i ended up getting offline yesterday or close to, i think the market was about here we had mentioned, and we actually took a long to start a little too soon here in this dip started about there and closed out for a dip long reversal on The day because this move back on the market was the throwback or the pullback to re-test retest support. So another way of looking at this would be yesterday. Market goes up to resistance, pulls back breaks through pulls back to retest support.

It ends up dipping a little below and then holding goes through. Another big move and i did mention a price target somewhere up here. I forgot off top of my head, but i did mention a price target up here. I just didn't think it was gon na get there, but i do briefly remember discussing like in the event you were super lucky.

We could go all the way up here, but i personally didn't think it was going to happen. So i can't really take credit on that, but we did discuss briefly about a mark or a potential move there, but didn't really think it was going to happen so yesterday, markets performed exceptionally well. So let me show you what it ended up doing. I think it went to the daily chart level, so yesterday we had mentioned watching to what was the four hour uh level.

We were talking about the 180 day four hour chart, which was around like the 361 70 price, and then the daily chart had a move that could have gone all the way up to, and yesterday i think it was higher. I think it decreased a little bit since yesterday, but anyways there was a mark that could have been all the way at 364, which was right there and again. I didn't really think that we were going to get there, but we went up there and then we traded above it finally pulled back so you'll see. The title of today's video is that the stock market has pulled back to support and it has so.

If we go back and look at the four-hour chart again, i think i have it there correctly all right. If we go back and look into the 180-day four-hour chart on the nasdaq, you will see we have this trend line right there. So i'm just going to put my own trend line there and we go into the one minute chart you will see. We have pulled back to that price point this morning and the market has bounced away.

So this is another move all the way back. There was one. Actually there was a couple i mean. Realistically, yesterday we broke up, we pulled back tesla's support here, went on a run to the next resistance slightly over the market went into a distribution breaks back down that higher level comes back down towards support.

Bounces back over the resistance gets sold into again gets distributed. Back through support down to or sorry yeah down to next support and then bounce, so it would appear that right now the resistance on the day for the market and the nasdaq is going to be at about 364, something yeah right around 364., so um. If the markets are going to continue higher today, we clearly got to get up and through about 364 or so uh. So that's kind of what i'm watching right now for the long side is back up to the 364 level and seeing if we can continue to get above 364 and hold above 364., it's actually a little a little more 360 415.

and that's probably going to change At market open um, so when market happens, when market opens i'll, try to come back and readjust that level, if need be, um, probably not going to touch on the spy this morning, because the nasdaq, i think, is good enough, we've kind of covered it. I mean. Let me just take a quick peek, but i'm not gon na. Do i think i'm gon na run through this one too much um.

Actually, i'm kind of glad. I did look at this now. Uh yeah the spy doesn't necessarily give me the cozy feeling half retrace yeah i mean we'll we'll watch the nasdaq. I think the nasdaq's gon na be very important to watch today.

The spy doesn't look nearly as good as the nasdaq does, in my opinion, um. So again, there's still these bearish thoughts. I have um wondering if this turned into anything bigger, but again, for the time being, we had a very solid day yesterday, something else i should mention about uh the market is yesterday. We had a buyer beat on the volume, which is another video that will be released.

I think today i think today is the day where i'm releasing the video regarding using volume analysis, so um anyways the spy yesterday very bullish day, and you can see it actually had a buy or beat day, and even the ultimate volume system suggests that most of The day yesterday was buying volume, probably by at least 70 or so percent uh. So that's a good sign that this could also be a short-term bottom uh for the nasdaq. All right so definitely want to make sure we covered that um and then i remembered seeing a couple requests here: um and then again yesterday we had a little watch list down at the bottom, i'm going to make sure to bring that back next week, but just Really didn't have the time to change all the software this morning and get it online um. I know geovx just hit the scanner um just a bit ago, so let me bring it back up, so maybe it was that doesn't make sense um.

I know this is gon na i mean this is the resistance regiovx, so pretty much where we topped at today. That was the resistance. If you analyze, geovx on a one-year one-day chart, you'll see that we had uh a resistance mark at the price of 924 and we had a resistance mark at 10.76. But i don't think yeah.

It only went to the four hour level so, but yeah so that zone that we just mentioned on govx. This is the this is what we would say: uh, yeah, plus three and plus four, so that whole zone right there is a plus three plus four deviation resistance zone, um so for geovx to go higher today. Obviously, it would have to go through those points. So that's what i'm watching the first breakout level on geovx today would be 808.

It wouldn't be the pre-market high, it would be about 808 and then that move would probably spike you towards the pre-market, high and or 920, where you would probably then see some resistance. Um but again this is very overbought already, but i have made the mistake in the past of saying things are too overbought and then still watching them run, so i'm trying to get a little better at that. But nonetheless, if this wants to perform anything like vrpx, wasn't that the one or vprx or whatever the one that went crazy the other day, if this is going to perform anything like that, then it has to get through. I mean all of these lines, so there's one here, one here and one here so before we could even really consider it's doing something like govx or sorry, vrpx um.

It would have to get all the way up and through prices of uh, 10.70 right now. So right now the max price i would go for is 10.70. First initial breakout level on the day is gon na, be at about eight dollars and six cents. All right, gon na take a peek over here.

Expi um hold on one second interesting, uh expi looks bearish. I would assume it's going to try to go down at the price of 39, 40 or yeah or sorry 36.90, so pretty much 37. yeah. I don't really like it for a long, yet i kind of feel like it's gon na can try to continue uh going a little lower, uh snoa we'll take a peek at it, uh bearish.

So this was a stock that i was bearish on yesterday. Um pretty much once we got this move right here, spike up and then instantly back down. At that point, i said to myself: i'd be bearish to stop for the whole day um, and then i mentioned online that you should stay bearish to stock. For the remainder of the day, and then we went into a big sweeping down move.

This was the recommended. This was the recommended, or was it here. 980 seems like. I think it was 980.

yeah. That's where i covered my short for the most part but anyways um, so yeah we bounced and then sold back off. So today, snoa is probably not going to amount to much. If anything, you might get a bounce up to like 787s or so, but i i wouldn't try to try to really belong by so annoying snoa.

Today, yes, be custom, hello, i'm glad to see you are in the stream, my friend uh. How was i able to short snoa by buying shares maria that's odd, that shouldn't be the case yeah it's definitely live and online, so maybe you should just try going to boilerroomtrading.com just kind of go to the regular home page, maybe uh josh baum. Thank you. How about me alchemy, alchemy, it looks like you changed or no i'm just used to use.

I'm used to seeing you on discord. So i'm like it looks like your username picture changed, but it's usually because you're in discord. So it's like. I don't even see you in here all right, sorry going down the list here.

Just reading comments, fl foot, locker wow been a long time since i've looked at foot locker. Of course we will touch on amc. We always have to always got ta. Look at amc, uh mrin, we'll take a little peek at so i'll start here with uh fl, mrin and uh uh amc.

Let me peak amc first, just to make sure it's. Okay, it's not doing anything crazy, so fl earnings report uh up. Obviously that's good uh. I would be more long, biased and bearish that i think yeah.

Let's see, let's double check a couple things i mean it looks bullish. It absolutely looks bullish um, you might get a throwback to retest the breakout level, though so the first thing i think i would. I would watch for um on foot. Locker is topped.

You broke out, you pulled back, you held one. Second, that's a big move yeah, so i i don't know if this move is going to continue out of the gates. Here. That's what i'm debating so my my first long target up for for foot locker would be like 60.

50. 60. 58. My first level of support on a pullback would be 56.77, so i'm not positive if this runs out of the gates or if we get a move down into support around 56 80 and then we try to bounce on the day that i'm unsure of so um Long target right now, fl up on the day, is 60.

30. 60 50 pull back support level, it's 56.74, possibly all the way down to 55 20s. All right um in other news, cryptocurrencies have had a really big move. Well, now it's a really big move.

Uh, but they've had a good move from yesterday. We'll definitely take a look at bitcoin and we'll definitely take a look at ethereum pretty soon so mrin uh spikes overnight. That's kind of interesting! I'm pretty sure this just spiked up a couple days ago, too: uh, oh yeah. It did indeed, indeed it went a spiketh there and then it pulled back today: okay, okay, all right, so look at where the bottom uh.

So this is a uh four hour chart. Look at where the bottom of the four hour candle's at today, i'm zooming in so the support of the deviation was 552.. The market went to 551., so we'll go and look at the one minute chart. So you can see that's where that that's where that deviation.

Would come into play on the long long-term chart and that's how it reacted on the one minute um so that support um that would be resistance. Five 594 is resistance to 594 is resistance and yeah okay. So if you look at what's happened today or yesterday, we spiked up, we went to about 590, got a little higher. I'm gon na delete this one.

I think that's an old drawing. We don't need spiked up, tried to break up this morning and then fell back. We broke back down below 590. We bounced back towards 590 slightly over back under, so it feels like the market's bearish, and you can see we're rolling over again here.

I think it's going to try to target back down to that 550s for now, but in the event it actually holds 550 then we could suggest. Maybe this does want to give us more so for now we're really just kind of watching to see if it can get back over 590 and reclaim those prices, then we could suggest okay. Maybe this has a little bit more momentum today, all right um! You know, i feel, like i've noticed that recently, like that cryptos go up when, when stocks are having a bad day, uh ar yeah. For now i was thinking the queues are gon na try to go up a little bit, um, yes, thoughts on chinese stocks.

It's actually funny. You asked that question because i think it was last night i was reading could have been yesterday. At some point. I don't remember it was a night but uh yeah.

I was reading some article and they're saying that people should highly consider investing into chinese stocks now. This is something that jim rogers has been saying for many years now is that people should be looking outside of the united states for investments, as will be bigger returns there. A lot of that discussion comes down to countries not being fully developed and that they are still in phases of faster development than that of the united states. So realistically there is more growth which then anyways so yeah.

That's that's really kind of one of those main discussions is there's just a lot of growth in countries outside of the united states, which people should highly consider investing in which i'm already invested in and have been invested in for a while, not necessarily chinese stocks, but I've been invested in foreign markets and some emerging markets for quite some time now, um. So there's a good chunk of my money. That's already been invested outside the united states for past couple years. Um now opening up the discussion of chinese stocks is really just the same thing: investing outside the united states and, yes, i do think it's a great idea.

Big reason for the down move in the markets. Relation to china is a lot of that regulatory crackdown, especially regarding technology companies. So um, that's really what's the issue right now, but again long term. I would assume it's going to be it's a buying opportunity.

Um. I don't see the the chinese government being dumb enough to destroy some of their biggest companies uh within the stock market, with no better end goal in sight, so yeah. I think it could very well be a buying opportunity. Yes, but there's definitely some short-term pain.

That's been happening for sure, um g, franco, um. You know, honestly. I think that they follow those two levels so closely that i almost put equal weight to them together daily chart is, is a little better because it's more data but they're they're, very close. So i almost give them equal weight yeah.

So, let's pop on over to amc here really quick and j m, i a s. Q that doesn't look like a q. Jerome is plug on support. Hmm we'll find out wow.

That is annoying. Let's go baby. Let's go just clearly got to the comment about the biceps yeah. You guys invest in these biceps for sure, um kind of not sure if you're the only one, but i cannot see the top row of your tos screen in the row that has the time frame, price, etc.

Oh yeah, so i removed well not that i removed it. I just moved it so that you couldn't see it, but i could obviously bring it back but part of the reason. Why was so that when i went over to my weeble account, you wouldn't see my uh my, but you clearly see it there, because it's not see like that yeah, so you can't see it. So that's part of the reason.

Why is so that when i open weibull, you can't see um? My account number was part of the reason there so um give me a second. Why are you being so weird? Is it this one? No, it's this way yeah. So it would have to go all the way up, which would then i don't know yeah right there. So, let's see real quickly.

If we do it like that, and you still can't see it so that works okay good. So there you go um all right: cool thanks, alchemy, thanks brother screen, blurry again uh s-o-n-n uh. I remember seeing s-o-n-n from yesterday. I just don't know um.

Obviously what it looks like today, but we'll take a peek at it when looking at the rsa. What time frame do you watch one minute? Five men, generally speaking, you're not going to watch the relative strength index based on a time frame generally you're going to find sort of a time frame that you generally like to view the markets in and then you're going to use rsi on it. So that's how you would go about doing that, so there's not really a best time frame. I mean it's possible there is, i don't have any data on it and amongst using rsi and every video i've ever watched and anything i've ever learned about relative strength index.

Never provides any statistical data or back testing, specifically pertaining to a time frame that works best. So most of everything regarding rsi that i could tell to you is from experience and using it and from experience and using it and watching it. What you would use the rsi for on a one minute chart is equally valid on a three-year chart, as it is a one-year chart and as it is a five minute and a 20 minute so um, it's all the same across all the time frames. The only thing that's really different is the occurrence which comes down to something that i have yet to look at, which is polarized fractal.

Actually, i have no idea if it has to do with the polarized part, but what i just said has to do with the fractal part. So fractal basically means it's a re-occurring pattern and occurrence and it like it's the same thing so um and as you go in further, it's going to repeat and repeat and repeat so like a snowflake, a snowflake. It has a pattern and if you get a microscope and look at it further you'll see the same exact pattern of the original snowflake but deeper as you go in and you'll see it again and again and again so rsi patterns divergences will happen more frequently when You're looking at smaller time frames and they still work on smaller time frames and they'll happen less on larger time frames right, but if they happen on larger time frames generally, the move is going to be bigger because you're looking at a longer set of data and If it happens on, say a one minute time frame, then the move is going to be smaller because it happens on a one minute time frame, you're, basically looking at a divergence within an intraday market as opposed to a yearly market, the yearly market could have moved Three hundred dollars a share and now you're seeing a divergence on a chart that engulfs three hundred dollars of price range. Whereas if you look at a one minute chart and you see a divergence, you're looking at a divergence on a day where the stock has maybe only moved within a range of three dollars, so if a divergence is happening on a one-minute chart and the stocks only Move three dollars from the day, then it's not really logical to think that that divergence or whatever that you're seeing within the rsi is going to predetermine a 30 move in the stock right.

So if you've had a three dollar move on the day and you're, seeing a divergence on a one minute chart, then that could predetermine maybe 30 40 cents of price trend. Movement change um. So that's that's how i would probably use rsi going forward um! Okay, let's jump into i'm confused because i changed pages, i'm like none of this looks right. This doesn't make any sense, but here we are so we're going to pop onto jmia really quickly.

It's 8 35.. I like to take a little bit of time for myself right around that uh, like uh 9 15s area, to try to finalize it on something i'm looking at. I haven't really uh like yesterday was just a really off day. Didn't really do a ton of trading, because computers were all on the fritz and uh.

Today i was still getting all my computers organized, so it's just been awkward two days all right. So next thing we'll look at is jmia uh, yeah downtrend. I just i would love to do a deep analysis. I typically do, but i i just can't i can't put too much time into that.

Just just know, that's just a no for me, uh for the time being, yeah just die, just didn't it, and actually i remember seeing some guy's video a long time ago, and i think the market on jmia was around like 40 to 60 bucks and i'm pretty Sure he said that their cash burn was so bad that they only had like maybe seven to eight months of liquidity left, or else they going to burn through most of their stuff and looking at it now and it's at 16. That was back when it's 40. It's been one two, three, four, five, six, seven, eight nine. So i mean whether that was right.

What he was saying or not i mean based on what i'm seeing it looks pretty accurate. So again i haven't looked at their financials or know a whole lot about it, but the guy that i was looking at seemed pretty uh positive about it and i think it was really just more or less like a facebook post or something i don't really remember. But anyway, so downtrend there so square was one of the next ones. I really don't.

I have a bunch of lines on it so clearly went over it recently. I don't know what i said at the time, but probably would have. I mean i probably could repeat myself, but i think it's trying to move down to 248.66 yeah. I think 248 66 could be about well if the market holds well, then that's not going to happen.

Maybe maybe yeah 248 66, i think, is the level where, for the time being, it makes sense to watch so that in case it gets down here. It's a bounce, but i do think you're coming into a dip buy on square. I do, i think square is getting to a price where people are gon na, try to buy a little bit of a bounce, and you can see we're coming very close to and actually look at it like this. Look at this big breakup candle right here with all that volume right so so again.

Watch this look at this big breakup candle with all that volume. Let's put a a price support right on the bottom of that and here's something for you guys. It'll probably answer a lot of questions. How many times have you wondered? Are you supposed to put a support level on the bottom of a wick or on the actual body candle? Reality is you're supposed to put your supports and or resistances when using previous price actions and candles off of the body, the true body, because the true body is supposed to be seen as more legitimate price action, whereas the wicks are supposed to be viewed as maybe More of the extremes on the day so less valid, and the other side of that is the extremes on the day could be exacerbated by intraday day traders, who maybe don't know what they're doing or maybe just got a little too aggressive or whatever the case.

So the wicks could also include because again, if, if the wick is on the very bottom of the day and then the wick is on the very top of a day and it tops out - and you are the one to buy there or sell there - then clearly You're, the dumb money on that move right so a lot of times and within the books at least the ones that i'm reading for my exams. They've also explained that a lot of times the tops of wicks and bottoms, you could visualize as the extremes that could have been exacerbated by intraday traders trying to trade based off of momentum as opposed to reality and so you're supposed to use the body candles as It suppose it's supposed to be a better judgment and gauge of where the true active pricing and trading volume existed for the day. So the reason i went into that whole deep explanation about that was because look at where the bottom of that body candle is where many people go. You know what that was a big day.

That's support, look at where it lines up with. On my chart. It lines up with sorry that dotted trend line almost it's off by about a penny, but it lines up with that dotted trend line and then, let's switch to the forum switch to the four hour chart. When we switch to the four hour chart, you will notice that it almost lines up perfectly with this trend line all right so um, you know you might be saying well, why doesn't it line up perfectly if it's well again, the market since then has uptrended.

So, theoretically, we're in an uptrending market. So the trend lines that i have are up trending with the market to hopefully provide a better means of support. So right now i think you know. Support for square is anywhere from 248 to 247..

If the markets go on a move to the upside from now and just kind of keep trending up, then the likelihood you see square come down and tag here is is less likely because this will try to track with the market. So if markets continue up, which so far they're doing pretty well right now square, i think could have a long day today which, if i was going to place square bullish on a day like today with the market continuously going up. I think i would look for a break over the level of 257.11 as a potential entry, um yeah, but again i'm not focusing on square right now, but any hoosier uh. So neo is a request.

So again, i'm sorry if i don't get to all the ones or i skip over requests, there's only so much. I can do there's only so much. My little peanut brain can handle how about today's penny stocks. We kind of went over today's penny stocks unless they changed.

Govx is one of them. Gmvd was another one of them. Uh s, s y is one of them, but we didn't really discuss that. Maybe i should discuss uh.

There was another one that i forgot of. Don't remember, but we've kind of went over them and they're all just a little iffy right now, bac bank of america yeah there's been a lot of talks about bank stocks and being bearish bank stocks and bank stocks are going down. And what have you so? Maybe something worth discussion um. Actually i have not reached out to tradingview yet really just been working with weeble for the time being, wow.

Oh, yes, i did not review amc or correct. I think i just looked at it and then i've moved away. I apologize okay, so amc. So really.

I think the discussion this morning to have on amc is whether or not this pullback continues or do we get a green day and i think we're going to go to six thousand dollars a share. No i'm just kidding, but i do think we're gon na have a green day. Um, that's a pretty shitty roll over there green day. Connor.

Are you sure about that? You sure you want to tell everybody on the internet. It's going to be a green day. Just yet and then it's not and you feel like a real jackass. Well, i mean in reality on the up cell down swing through yeah, i'm just gon na, say green day, uh nah, it's gon na it's a tough one.

So if it is gon na be a green day, the markets are gon na target up to 36.50. Is that right, yeah yeah? So if it's going to be a green day, we're going to go back up to these prices of 35 64.. So so i'm not sold on the green day. Yet i think we should give it more time.

Uh you got to watch it a little longer. I think it needs yeah, like i said more time. Why is that, like that? That's this it's pointless! Anyways yeah! So long day, i i think the markets are gon na try to hold a long day on amc. I really do i really do i feel like it, but i mean that's a very sharp downtrend, but the apis they'd be strong.

I mean they really have to hold this day or the market's gon na fall. Apart is what i mean so yeah, i'm gon na be optimistic. I think the apes are going to try to force a green day and maybe back up to that 35. 60S price.

I really hope i'm right on that one i'm going out on a limb. It looks like, but i feel like they're gon na try to revert that market back up towards 36.50. 35.60 3560. nndn is at cash value.

Oh yeah. I was supposed to look at plug all right and oh, i was about to. I know, i'm sorry, there's just so much, there's so much um. First last amc is tanking.

Today, um, you could be very right, like i was saying it's it's pretty close to falling off a cliff. So if magic doesn't happen today they don't move up to 36.50 uh. You probably will end up being right about that. So next one on the list is neo.

Well, it wasn't the next one but anyways um, so i think neo might have just sold down to our support level because i think the other day i was talking about being long here, but then i'm like, but it still could go down to here. So i kind of think you want to be long neo again, but i remember the last time i tried to catch neo's bottom. It took me four forever literally took so long. Well because we're like all right long here and then it bounced and then it came down like all right well along this bottom and we caught and then it bounced and we're like all right along here and then then eventually like okay and then it finally went.

So it took forever um, so the daily chart looks absolutely terrible. Well, not really, but doesn't look that good and the four-hour chart really doesn't look that great, because we kind of broke support there yeah, i i can't really say i'm sold on the bottom for neo. Yet there's a couple spots we've been looking at recently, but they just kept breaking them down so for the most part market's still a little bearish here. If you do get a bounce back on neo and like i said, i'm not sure if we're gon na bottom here is there even a divergence.

Oh there is a little bit of a divergence, so the four-hour chart does have a little bit of a divergence here. On this bottom, which probably means we're going to go into a little bit of a long move today off the half, deviation support and if the market stays bullish, so i think you should be more long, biased neo today, maybe looking for prices to retrace back to 37.70, so the reason i'm not like super comfortable on neo is because this is what i was following for support the price of 37.70, but you can see we broke that down yesterday now upon breaking it down yesterday. All it really did was bring us down to a half deviation, support which is again right there, and now we have a bullish divergence on the four-hour chart, as we slip just a little bit through support. So i'm wondering if this is a false breakdown, um and we're actually going to retrace back to this 3760s and reclaim it and start bouncing.

So i think i want to be optimistic that it's a false break and we're going to come back up today. Try to reclaim these prices, especially if the market stays bullish. I think you should be long neo looking for a retrace back to 3760s and if we can start getting back over that, maybe we can consider this to be a false break down here and the market's really going to bounce back a little bit more for us. So thumbs up optimistic neo long, so we'll see all right.

Let me take a quick look at plug and then after i do that, i'm probably going to take a second or two to look around uh plug down trending, nothing really crazy to go on there. You kind of came down to the negative one deviation level, but it doesn't look like a very strong stock, so not really bullish that i would probably stay more bearish, just neutral uh bank of america bac. I guess the question is: is it on support? No, it's not so i think you might still see bank of america come down toward prices of 39.. If i'm wrong about that, and it somehow bottoms here its resistance and or long target backup would be 41.30 right now.

So i think bac may be down to 39 14.. Yes, i didn't remember, i was actually forgetting, but we are going to assess kryptos. I appreciate you reminding me um, if you guys would for me just go ahead and uh give the old like button a little tickle. It uh always likes to remember uh that you're here for it every day, snuggling it so do appreciate you guys.

Thank you, um. How do you spot a false breakout again false breakouts for me are generally when prices are overbought or oversold trying to go through a price level that doesn't really make sense so again, like a bull flag taking place at three deviation breaks up. I wouldn't trust that probably gon na come back down. That's what i do all right.

Take a look at bitcoin uh, then we're gon na look at eterium. So if you guys remember yesterday's analysis pretty much, the recommendation was, you didn't want to be or be super long until the price came up, and yesterday the price i gave you was uh, 45. 826. Basically, once the market got over that and held above it, you wanted to be long.

I actually bought some more. I think i bought bitcoin yesterday or i bought it two days ago, bought a little bit in robin hood. I think i bought a little bit of cardano in uh weeble yesterday, a part of building that portfolio and things like that. That's a little risk but anyways uh yeah.

So yesterday's recommendation, bitcoin we've been mentioning. You want to stay long bias, this uh. For the most part. We did know that resistance was going to exist somewhere around this 47 000.

How long it would take for the resistance to break we weren't sure, but the other day we were mentioning. You would want to be bullish on bitcoin as it gets through the price of 45 700 and stays over. So i think, there's a good chance, you're going to be seeing bitcoin increase in price, and it's going to be going for a target now to um 53. 500..

53. 400 is now the upside price target on bitcoin and then sort of as a note one. Second. So this is from just so.

You guys know that the analysis does not change. I don't change my analysis until market structure changes um, so you can see here it's about a week ago we were very wrong on bitcoin, touching the low of the 20k mark. Since then, bitcoin has boomed bitcoin long target resistance zone for now is 47 000 to 52 000.. Since then, the price target, as you guys can see, i think, is increased to 53 400..

So back a couple back about a week ago, the the level we were giving was 52. 000. Now it's 54 000.. So that was a week ago.

You will see that when the price of bitcoin got into about 47 000 ish, we started to see that resistance. Now we're expecting this is going to leg up all the way to the 54 000 price. At this point. So again that is going to be your analysis on bitcoin, let's pop on over to ethereum really quickly um.

I think i bought a little ethereum too in robinhood did i let me just double check: yeah, a theorem and bitcoin, so, okay, uh yeah, so uh ethereum here uh yeah, i see ethereum - is it's so hard to say this when you're analyzing the market for people, But i'm just going to say it, i'm just going to say ethereum's going to go to the price of 33 five wait that doesn't make sense three thousand three hundred and fifty seven cents. That's that's ethereum's next target up it should break. I think it's gon na break this little structure top and it's gon na end up, legging up thirty to thousand ish or whatever thirty, three thousand three thousand three hundred fifty seven or whatever the hell. It is three thousand four hundred all right, uh curious.

What books are class, so the books that you're reading for the cmt are the wiley cmt exam books, they're literally they're, literally called cmta exam level, one level, two level: three: you have a level one cmt of a level two and a little three. Oh man, sorry! I think the one we have to cover here is s-o-n-n still yeah, so nn um. I remember yesterday looking at this and i think we're just like don't do much with it. I mean it was kind of a tricky analysis.

We pretty much said the support level was here at 130. So if you broke that you wanted to be out, we said the resistance on the day was all the way up at like 220 or so which had already hit. So you could only really justify a big long breakout. If you went over these levels, it was just a pain, so anyways bearish nothing to really do there.

It's not going to pro it's probably not going to go up for you um, so yeah, it's not. Regarding the uh, the body candle, support resistance thing, i mean there isn't a whole lot of clarification on entry exit around there, it's more or less just to help. You understand understand that more realistic pricing structure probably exists at body candles, as opposed to wix. There's gon na be many times where you come into a situation where what i just told you probably does not seem relevant.

This is the stock market right. So again, this is just out of an exam book that i'm studying that pretty much says more realistic. Accurate pricing, whether resistance or support, is going to come in at the structure and or body of a candle, as opposed to a wick, not a whole lot of definitive talk regarding entry exit around uh those specific areas. I don't even i hardly which probably something that i'm missing my analysis at times, but i'd hardly even look at previous candles anymore for the most part, matthew b.

I appreciate that. Thank you, sir. Thank you, sir. Thank you.

Take a tinkle. Are you still interested in pins uh? Yes, just haven't seen it. I know, because it's going more towards, i did not cover esgc um yeah. It did not cover esgc, but there was something that someone.

I just read something i want to talk about. Damn it. My brain moves way too fast, pins. That's what it was you guys literally, that's how my brain works on a day-to-day basis, all right so clearly pins is in what we had recently projected being the buy zone.

You can clearly see it. My screen is green whenever it's like this. That means i've identified this being a potential support to a buy zone. So we'll see how accurate that still is not as accurate.

It's changed, which is what typically happens. Um give me a second, so pins would be a. I think pins as close to turning into a long, no divergence there, no divergence there so somewhere in there yeah. I would say right now.

The level you'd be looking at for a long in pins is gon na be like somewhere in that that green box now um. You know we watched it here. We recommended watching it along here and then we said: take it off right because we could see the weakness was coming. We took it off like right there and then you can see it's faded down and we said we're going to watch it long until we're not going to watch it long till it gets to its next buy zone which it's almost into that next buy zone.

So you're, pretty close to what i would assume is going to be the next long level attempt for pinterest here. So don't forget about it. Coming up yours coming soon to a computer near you, i probably shouldn't. Do that? Don't do that! Conor! That's bad! Don't be a bad boy, you can't make that figure these days.

It's too scary, it's just it's too scary, but now it's okay to uh. It's just funny! It's just funny! You guys see that new movie that all of a sudden is being promoted. Actually, i should just not even yeah crazy, i'm sure some of you guys know what i'm talking about hello. Sir, can you do netflix? Will it rip or dip? Surely surely careful be careful here? Don't don't you have you guys seen the teletubbies? Lately i mean just a fantastic show.

I mean i just love it so much, there's nothing better than seeing a cute cuddly baby. You know all right, netflix, uh, so netflix put in a very solid day yesterday and the reason it put in a very solid day. Yesterday is because it shifted, through the mean and probably squeezed a bunch of pebble all right. So again you see where this is ready.

Watch this. So, let's zoom in you see where this statistical mean level's at let's put a price level there: okay and then let's go see where the pretty much the initial start and breakout of netflix was yesterday right. There, ironic, huh so anyways and look what happened. The previous couple days right goes to the red line.

Stop previous day stop back under then it finally broke and rip, and it went up to its next resistance is all it did. I think so, let's go look at the daily chart. So look at breaks. Break straight up to your next resistance, which is now 5 46 45.

So you will not see. Let me just double check a couple things: okay, you will not see netflix going higher unless, obviously you clear through the price of 5 46.55 very bullish day yesterday, i think you should be watching for dip support, potentially on netflix all the way down to this zone, Which would be five? Thirty, three twelve to five? Thirty five, oh three uh and you have your resistance right here at five, forty six, forty four and that's pretty much it. I myself kind of think it wants to go higher, might need to pull back first. But again, what's going to happen is if, if, if it really wants to continue going long, you're looking for a move through 546 and then you will have yours and then you will target to 556.

So again you have about a 10 profit potential for netflix. In the event, it's gon na try to break uh legitimately you have a ten dollar profit potential from about 5 46 to 5 56 potential pullback will put you down to 5 35. Today, john, you said you're sure. If you're talking about netflix, then um you've already made a pretty decent trade.

Oh okay, give me a second here: uh just want to actually go ahead and take a peek at a couple things so yeah give me some uh. Second, here, oh geez, oh pete, i just don't sleep very good. I just never do wow. Let's just i mean really quickly before i get a little sign.

I mean just look at the market, it's just so beautiful and the fact that the title of our video matches exactly what the market's doing just seems so. Dang, beautiful stock market pulled back to support stock market pulls back to support and now is up with the rippy. So again, like i said, i thought the long move was to this point and then once you get here, you kind of had to see if it was going to be resistant or if the market was willing to push through and so far the market's willing to Push through so thumbs up, solid markets are on the old rippy magoo and how about neo neo on the old rippy magoo, so yeah. I think you should be long that i should have took some on that a while ago, but you know i just didn't, because i'm an idiot, so i'm actually gon na, add a little bit to neo now um yeah.

I think that's going to continue up on the day, but i should have added to that a long time ago, so my entries kind of a little shitty but whatever, what's the worst, that's going to happen, you lose money, oh no, oh, no yeah that would suck, But anyways yeah give me a second here. What's your watch list this morning? That's actually mr germa is wait. Is it gurma yeah gurma, germa? Sorry, i don't know mr cool guy uh. That's actually what i'm doing right now, i'm finalizing in what i want to look at.

So one of the watch lists will be uh. One of the stocks on watchlist is obviously going to be neo. Actually don't let me do this right now. Everyone just bear with me: take a second i'm going to be somewhat silent.

Some things are going to change on my chart. I want to try to do this. Let me get it, get it going eyes it up. No, it's that way.

Delhi, okay, um! I kind of want that a little bigger. Oh i'm still on that. I don't want that. That makes go to sense.

There uh sure yeah. That looks good. Okay. So hmm! Oh okay! Sorry about that.

I know it looks like onion. That's because i haven't uh there. He goes haven't, haven't done what i needed to do um. So yes, i'm gon na try to build this watch list here on the screen.

Basically, what i'm doing right now so give me a sec by the way. If you looked at foot locker foot locker has almost moved up to that long target. We told you about which was uh 60 36, so uh you've almost met that first long target. We suggested on uh foot locker this morning holy smokes.

That could be very interesting. That could be interesting, maybe probably write that down off on that one. You hmm well sorry guys, i'm just currently going through and just kind of adding some stocks that, i think will be where i want some attention for the day. Let me peek at amc really quickly.

Emc will be on the watch list. As mentioned see, am i dumb enough to buy amc this morning? Of course, i am, i think, i'm going to add a small long to amc, very small for the time being wait. Where is my there, you go, you know, i wonder how reliable that would be i'll. Think about that.

Oh, you know what okay divergence, roku. Okay, that looks pretty good good, so oh sprt, hmm yeah that actually i'm just now looking at it, i'm glad you mentioned something that does kind of have yeah a long move in effect, uh all right. So, oh i missed a freak. Of course.

She did it. Just looks kind of odd like that, so right now i kind of like this watch, this amc, roku, sprt, neo, ssy and amc for the time being. Why do i have the loudest keyboard? I'm sorry, i'm sorry um, but yeah. So we'll kind of recover this! So we'll see amc, i have a small long, i'm optimistic on it.

You know if it ends up trading like it's just a small position to start, so it won't be too too bad. Um yeah. I really want to see amc basically get back up towards. Like 35 57's uh neo, you know as long as the markets continue to move.

Well, i think neo will do. Okay, neo got back to its half candle retrace level around 37.09, which a lot of times can act as a resistance. So we want to be up and through that price point today, that would be good, um. Sorry, uh, roku roku is interesting because i think, especially if the market continues moving the way it's moving.

I think roku is gon na bottom here and we're gon na try to start moving to the upside. There is a bullish divergence on it. Now on the four-hour, i think there's a bullish divergence on just like the past couple days on it. It came down to the daily chart, one deviation mark, which is at 354 slightly through held to 4 hour, which is 340 90., so in this situation, support is 340 90.

As long as we're above that we're okay, the short term resistance, long target on roku is 354. We want to get up and above 354 for the market to continue higher there so kind of watching roku on that bottom um sprt, it's moving good! It's not yeah! It's it's moving fine and it's held from here. It's already kind of broken out of this consolidation area, so you're late to that we got through the half deviation on the four hours, so the long target i would imagine, is trying to get back up towards ten dollars, ten dollars and nine cents to wait. So if we broke that, then we have 940 and then so yeah, my max, not necessarily max because it probably could go higher, but for now 10 to 10 20 is where i would probably look to be long bias at most this market on sprt today.

Um, excuse me: ssy is more or less i'm optimistic. There's really no news on ssy. Is there what about yesterday? No, no, nothing! So this one's definitely a little sketch, because there's no news on it, but um yeah, i mean that's it. There's no news.

So right now they have us. Ssy has a support here at 287 and its intraday resistance is 322 um support here all right cool resistance there. So, for the time being, the support for ssy is 287 to 275.. If we're thinning and sliding below that we're going to leave it alone, but if we're holding in here, then we can justify that.

Maybe we get a reverse along up into the prices of 320 or so and or hopefully higher so watching, ssy. Ah, nice yeah so dylan didn't know that, but, like i said, i'm definitely going to be looking into it. I don't know if you mentioned it to me or somebody else, but yeah i just haven't had enough time to get around to looking at it all right. Give me one: second: i will be a rattle bag, alrighty uh.

Well, we are close to market open, yeah, so uh the tesla bot yeah. About that. I have no comment. Uh yeah fl foot locker has reached that price target we mentioned, which was like 60 or something 50..

So, for a time being, i think you got ta be slightly bearish there, maybe but yeah, oh neo, what a bag yeah qfin was one that i was thinking. You might be able to watch on the long side. Maybe more swing, long um, so it is. It is one i have written down, but less of a day, trade more considerably swing long.

If anything, all right, just a couple seconds till the market opens jb. First time here welcome brother welcome, welcome all right market, starting on the pullback side, jay i've been analyzing and reading and investing probably religiously for past six years. So i think ssy is going to spike into about 320. Here, let's see so yeah i mean i think it might go up to the 320 and get smacked right back down.

So it's probably not the best trade as of yet uh. So there goes neo uh, spiking up amc's kind of trying uh right now, so still got the long on amc still got the long on neo. Ah, let me just double check. Neo really quickly, so sold a little bit of my neo, because it's a good move.