Good afternoon, ladies and gentlemen, everybody welcome back to the midday stream, so only gon na probably be on here for about an hour, maybe a smidge more and then i'm gon na have to take off for the day. But i figured we might as well hop back online to do sort of a market review and go over pretty much all of the stocks and so far what has happened with them. Give the updates on gamestop give the updates on amc. We can talk about fcell, clove and pretty much all the craziness that happened today, because there was quite a bit of it um and then we'll kind of review, the socks we talked about earlier in the levels that we had mentioned earlier um.

So the first thing we'll do is we'll start here with uh clne, so this was sort of an energy stock that ended up ripping uh yesterday, so the stock ended up just crushing it. Yesterday, earlier in the week, we had touched on clne and mentioned that it had price targets of 13 to 14, and so we ended up hitting it this morning, pre-market and breaking all the way up to about 1635, and then the market slumped over so earlier during The pre-market session uh the recommendation for and let me delete some of these some of these drawings really quickly, um real, fast, remove drawing okay. So earlier today, the recommendation on clne was to watch for the intraday resistance to be from this point. To this point, all right and to look for the intraday support to be from 11 to uh 1185 is the way it looks like one.

Second, let me take that down. Okay, so that was a recommendation today on clne is that it was probably going to kind of trade back and forth, and you had intraday resistance from this zone and then intraday support in that zone. So so far the market traded almost perfectly uh to the analysis. Now, let's go and look at the two time frames: 180 day and 180 day or sorry 180 day four hour in the one year, one day to kind of show you how you come up with those levels just so that way, you're aware next time around.

So if we look um clne made its really big move up the other day right it broke up and the projected price target was this um trend line in the middle all right, so you can see we have the trend line that comes into play and i Hope you guys, can everybody see that okay? I know i always wonder: can you guys actually see this screen all right, like gets not confusing when i'm going over this? If so, just let me know or if i need to keep it really zoomed in. Let me know whatever way you guys like best, but i always kind of go with the flow. And so let me know if the charting all looks clear and you guys can see it or if you would like that i'd be zoomed in a little bit more on these charts. So you can see this trend line comes into play at 13.98, okay and then one second.

So let me remove this drawing and this one down here all right and then, if we look in the middle of the chart, oh i almost forgot almost forgot. Let me bring my drawing tools up. It makes it so much more visually appealing, okay, all right! So you have this dotted. Trendline here comes into play like right there.

So what we're going to do is put a price level there as well all right now, let's go take a look at the daily chart and this is all going to come to uh. It's all going to make sense here in just a second. Just takes a little time all right and if we look at the daily chart, you will see that we have this trend line that comes into play right there all right, and then you will also notice. We have this dotted trend line that comes into play there.

All right, so when we go look at the one minute chart, that's how we come up with that that zone right. So that's how we come up with you know. Kind of that gap. Does that make sense how you have the distance from one trend line to the next trend line? That's normally where the free fall happens.

So essentially, the profit zone was from 13 today down to 11.75. So that's kind of how you go about finding that resistance and the supports and the levels have changed a little bit since market open earlier today. These levels, i believe, were a little bit higher than they are now, but for the most part, that's how you go about finding that support and resistance on that one: okay, uh we'll definitely look at clove next, okay, so from today the recommendation wasn't necessarily to be Bearish, okay, i didn't really know exactly how this was going to play out today, but my analysis on it was: you only want to be long on a clove if it could break through and at the time this trend line hold on so earlier this morning, pre-market This trend line was right here, that's how it was set up. It was like this, and i said you only want to be long clove.

If you can break this trend line and hold over that trend line, or else this is going to be the resistance top. Okay, that's most likely going to be the resistance and then our one thing we stressed the most today on the stock clov was this was what we stressed the uh the most now, let me go back to the 180 day chart which actually, i think, we're at A bounce point so um it might actually be a decent idea to take a slight long on clove down here um. So what we had mentioned today was, if you had an average price on the stock clove above 16 to like 20 dollars, you're extremely susceptible or almost guaranteed a loss. So that was the one thing we stressed the most was if you were a participant on the clove market today, one second my chart is just moving so slow.

I have to uh do a couple things here: okay, that should help all right, so the recommendation again was if you had been participating in the clove market and you had a share price or average share price of anything above um like 16 17 to 20, then You're pretty much guaranteeing yourself a loss if you hold the stock and the reason being is because when they get this high up, they generally the stock likes to come all the way back down to that blue line all right. So, whenever we're trading really high above the blue, naturally the stock likes to come back down towards that price. So it's it's almost like you have to have your average share price ownership in this situation below the blue line, so that even if it does crash it normally would try to bounce around here and then you can still catch like a little bounce and then exit. So to speak, so what i was thinking today was is you know this is the potential drop location which was down to about 17 to um, and actually this chart doesn't have it one? Second, i need to update something here.

Why does it not come up on the chart that doesn't even make sense? Wait. Let me redo that, because somehow that just did not work see, why did it because it didn't it didn't yeah? I changed that to four, but it somehow didn't realize. I did that. Okay, there we go all right so again, as we were trading up there pretty much.

What we suggested was you have to have a per share average price below, like 19, 20 or else you're very susceptible to a loss, as clove pulls back um. So we just got down you see this trend line here. That's why i was recommending that this might be a point on the day where you get a little bounce, because you can see, we've sold all the way off, see how we sold all the way down. Today and the bottom of this candle wick is right at that trend line.

So that's why i was just a second ago saying this could be a little area where the market tries to bounce um give or take, but either way. This is definitely a bearish stock. For the day, and, ultimately, i'm expecting you're probably going to see not probably i'll just say, you're you're going to see prices back down to like 16, 17 bucks or so okay. Let me take a look at a couple questions.

If it's not something that involves looking at a stock, i can do it quickly um. I will definitely go over tesla um, so uh hess, real quick. This is a good question. So question was: where do these dotted trend lines come from? Well, it's just really a part of this whole channel strategy, but what that dotted line is it's just the halfway point between each solid line? So if you look from the red to the blue in between the halfway point, is the dotted line red to yellow halfway is the dotted line i'll zoom in just again um? So you know halfway point here there all right, so it's just a halfway mark.

Okay, all right so with fcel right, so this was our swing move which, by the way, i closed yeah. Let's talk about that now because i close the swing on fcl for the time being because i'm not going to hold the swing through the earnings move. Now what we had recommended today was that for fcel to have a good day it needed to get up and through the price of 1260 simultaneously. This was the resistance, so we said we are currently in the resistance and you have to get through that to be a good day all right.

So that was the recommendation that didn't happen. We started breaking up started to sell down back below this level so close out the trade so actually pre-market. I was swing long from yesterday. Entry was here.

Let's just go over the whole thing, so yesterday swing long entry was right. Here we didn't break the resistance. We dropped down held all day added more in the end of the day, so i had two thousand shares and then added another three thousand so had five thousand and as the market jumped up today back into the resistance zone. I closed most of the position and only held about 700 shares for the open, knowing that we were in the resistance as this market started to fall apart.

I closed the 700 shares, also because a it's going down b. I know that this is the resistance mark that has to go through, or else we're not getting any more upside and then c. We also have um earnings coming out after hours, which could positively or negatively affect the market which i'm just not trying to hold a position through. I can either wait till it's done and then get back in still think we're going to be seeing fcel higher in the near future.

They might actually use the earnings announcement to break the stock up towards our target, so that might actually happen tonight. They might use the earnings as the catalyst to zing the market to our um suggested price target. But if, in the event they don't it keeps trading, we're basically going to wait for some more consolidation and then a move, hopefully back up into um. The 15 prices.

16 14 area, okay and then i might as well just run through sunw right now uh. This was this was a. How does that even happen yeah. So this was a swing, long move where we had started buying um s-u-n-w, which, by the way, fully exited the s-u-n-w trade.

For the time being so and i'll explain all why so anyways we kind of had like this like somewhat flag pattern situation, it wasn't picture perfect but started buying a sealant or sorry s-u-n-w the other day here and then bought some more yesterday on the top of That candle and then sold it into the move today up here, so it was a swing trade. We were kind of working on for a couple days and today this morning it kind of broke up. It was a up pre-market, so that's kind of where we decided to fully close uh, clne or sorry s-u-n-w today. So the main objective with this stock was to at least see price targets of 12 to 11.81.

S-U-N-W is currently lagging all the other sort of energy fuel cell ev plays right, blnk plug clne, and you know fcel. Those have all have been moving, pretty good, so to speak, and su nw has been just moving really slow, so scnw is more or less a play that you should have been kind of using the fcel, blnk and plug market to determine its strength and weakness. So the only way we expected sunw to get to 12 bucks 1180 is if fcel continued to break out, but since fcel ended up sinking down today, that's also what you know provided negative sediment or sentiment into um into su w for the day. So anyway, swing long on sunw is closed for the time being.

Swing long on fc is closed for the time being, but still going to be looking to re-enter and follow those bullishly um. You know still going forward whew. That was a lot um. Yes, today was actually a pretty solid day ended up closing out for the day at 2, 300 green, which was which was nice.

So i'm happy about that. Um! Yes, now we'll talk about game. Stop! First, we'll talk about amc, then we'll talk about gamestop. So what we had recommended today, that was that amc was most likely going to probably have a bearish move right, most likely going to have a bearish move down, given the way it was set up and it was going to try to swing down to the next.

Three deviation mark or the blue line, and the plus 4 deviation. That's a lot i know, but let's take a look. So oh, not a aamc amc. So this was the recommendation today and let me just delete all the old drawings because we want to do this.

Fresh now, okay, so the recommendation was that the amc market was going to try to sell down. Let me zoom in a little more was going to sell down towards that blue line today, and you can see the market has since pretty much sold down to that line. Now this morning i don't think i actually mentioned the four deviation mark. I only really mentioned this blue line, and it's just because sometimes i hate saying this line that line this line, that line, because i think it confuses people, so i just try to go for like the simplest thing which is like yes towards that blue line.

But before that blue line, there was actually another line that i didn't talk about in the morning because i'm like i don't want to confuse everyone. So i'll show you the other one we're going to switch to a daily chart time frame, and you will see that one is right here. Okay, you see this beige one boom right there. The bottom of today's amc move was a plus four daily chart.

Deviation this morning, i only gave you a reference of the four hour chart, which was just it's probably gon, na move down towards the blue line, which it really did, but it actually went to the plus four, not the plus three, but they're. So close that you could basically say it did so if we go look at the one minute chart, this is where the market bottom today just below um 48.37, which again was the daily chart, plus four deviation mark. So if we go back to that, you go one year, one day plus four deviation, and what do you have? You have the exact bottom of the amc market that was predicted before the stock market opened for the most part, all right. So these, what i'm, showing you here, you're able to put your price levels on the chart before market open in like nine times out of ten, the market is going to swing to those price targets.

Throughout the day, you still have to figure out which way the momentum is favoring in the time being to catch the swing to one of those price targets. But if you miss that, then you always know where the bounce will most likely be right. So let's say that you didn't get the downswing on amc, because you just weren't comfortable you couldn't you couldn't figure out that the momentum was going to swing down early in the morning? Okay, well you're able to put this price target here before the market opens. The market does swing down, and now you know where your first support level exists for the day and you can go for a bounce trade rather than trying to short down to that price.

So that's another option for you: okay, now what we're going to do is take a look at gamestop. The recommendation on gamestop is that we're still optimistically bullish the stock all right and what we had mentioned was if gamestock is going to keep trading bullishly. The market needs to come back up and reclaim this price zone. You will see that the market started the day down, but then bounced all the way back up to this price zone and you'll see what happens.

What happens when we get there? A big sell-off that is because that is the resistance on the day. This is the current resistance zone for the market, you'll get that resistance zone by using the 180 day and the 100 or sorry 180 day and the daily chart. So let's go take a look at that and we'll see how we got that all right. So we go look at the daily chart, which has actually changed a little bit pre-market.

It was a little different, they've adjusted a little bit since then so that zone. I told you is slightly off now, but this morning, like at market open, it was accurate, um. So one second and then i'll get to reading a couple comments here, all right. So we have this dotted line right there, that's at 3, 19, 33, okay and then, if we switch the four hour chart, i think the same thing ends up happening or it's the plus two.

What's a plus one all right and then look at this yellow trend line that one comes into play right here at 3: 17. 51. So you have two price levels of resistance in this day and they exist there in there creating this as the resistance zone, and then this morning pre-market the resistance zone actually started here and when the market ran first, that this line really was here. But then, since the market dipped and then pushed up a little bit, the trend is going up.

So then these red lines ended up going up too, so it adjusted a little higher with the trend and now you can see we're selling off here again. So that's how we got the intraday resistance, and so the reason that we suggested that the market on gamestop has to get up and above this price point to remain on its bullishness, is because of the long-term trend. That's pretty much just it! If we look back here at the long-term trend, okay, we are halfway currently halfway on gamestop. Well, we kind of already did it the other day, but if we just think that the other day didn't happen where we had that big jump, which was just whatever two days ago, um if we don't like, if we imagine that didn't happen, then realistically you know We would be at the halfway marker between this yellow and this green, which means there's still that's 319, 362, so 2042., so call it still like a 40 move to the upside we're halfway between one and two deviations.

If you can break the halfway marker. Theoretically, you normally swing up to the plus two, which is the green, and that would be a 42 move. So um, that's what i was trying and then hold on one. Second, let me switch the time frame and if you look at the four hour, you're gon na see that we're currently sitting right at the plus one.

If you break the plus one and you do a full deviation, move. Okay, if we go for a full deviation which is yellow to green, that would be a price target of 408 dollars, which would currently be a profit of almost ninety dollars or like 85 somewhere around, like 85 90, a share there from 408 to 317.. So if you can break like, i said, if you can actually get through the current trending resistance, which is right there, you can maybe force a full deviation move on this, which would then take this market on gamestop all the way to 408 dollars so going forward For the next couple days, whether that's by the end of the day going into tomorrow by friday, ideally you're, looking for game, stop to reclaim the price of of sorry yeah, pretty much 320, we'll just call it 320.. You need gamestop up and chilling netflix and chilling with a couple bad girls over 320, all right to keep them company.

That's what has to happen, so you see how the market's selling down here this is not random. Okay. This is this is not luck! Okay, i'm not you know, i'm not picking these targets. You know two hours ahead of time by luck.

Okay, this is this is theoretically by design kind of in a way um, so keep practicing keep following these streams keep tuning in, and you yourself will start being able to pick your price targets before market open and then, if you miss the move up, you'll know Where your resistances are - and you could potentially do a short trade or you'll know where your supports are - and you can do a bounce trade as well. Okay - and it's not that easy - it's not that easy. It takes still a lot of practice, but when you get to the point where you are picking these targets a couple days ahead of time weeks, two weeks, um the same day before market open you'll, start to really see how the markets work you'll, see where the Stock stops and how it respects that resistance and then you'll know you're like okay. Well, if this is going to go higher, we got to get back over 320.

So then, going forward for the next day. You'll know that if this stock kind of drops and then holds and grinds up and then stops and then grinds up and then all of a sudden you're trading in that zone, which you know for sure, is resistance, because you already mapped it out two days ago. It before market opened - and it worked - you know you're on to where the resistance is at. So it's consolidating there and breaks out you're on to a breakout, which would be a good time for me to show you the stock aehl.

It will tie in perfectly to that one second, i know i'm on a roll here and i haven't stopped talking, but uh i pretty sure, was uh aehl ready. This might not look as good as it did earlier. Um. Look at that aehl's right back down to um the recommended price target.

Already it's crazy, so i'm gon na delete these drawings and uh. We're gon na have fun with this one. So this this should be good did by the way. Did the stream just cut out here did somehow the stream just like blank out and cut out um? Somehow, because again i don't know how that's possible, i'm running a thousand upload and a thousand download, but somehow it's uh it magically cut out there.

No weird really odd. We super odd. I don't know why it does that the stream will randomly go from 200 people and then drop down to like 50 randomly it's like it kicks a bunch of people off and then like comes back on or magically like 150 people are all like nah. I don't want to be on youtube anymore, which is very ironic, because that's the second time we've seen that happen in like the week right, how many coincidences until like impossible right, like do you, think it's very common for a youtube stream two times within the same Week to get to 200 and then blank out and drop down to 50., or do you think that all those 150 all logged off at the same time, two times in a week very odd, very odd, then again it is noon right, lunch time people could be Logging off going out, but very odd, very odd anyways um.

Yes, so aehl watch this the levels might have changed a little bit, but this should be a pretty cool example. Okay, um. So i think it was like this. I think the market - and this was a little lower yesterday, so this isn't going to look perfect anymore, but yesterday this blue line was a little lower, oh, but also look at where the market's retracing on aehl right, overbought, just like clove right.

Is this? Not almost the exact same thing that happened to clove way overbought and where did the market return to the blue line? Okay, so uh anyways we're gon na we're talking about the blue line. I know i talk a lot it's just because there's there is a lot that you have to look at in here and a lot of things in detail. You have to pay attention to um, but we're going to look at this blue line here. Okay, if dude, would you just work? Think or swim like all you have to do is just register a click of a mouse all right and then we're going to go to this blue line there all right.

So what we always talk about is that when markets reach the blue line - okay - which is right here - that those are the blue lines right, so i'm gon na highlight this with the yellow box. So yesterday we're not even we're not even talking about this day. Yet, okay, we're not talking about this day - we're still looking at this day over here, all right, so this day, which was yesterday these red lines here, that was the um that was the plus oh, that's equals plus three deviation. I spelled that wrong d v h.

I didn't resistance, okay, so that was a plus three deviation resistance, normally the rule of the phil mickelson thumb, so the rule of thumb, good old philly, is that when the market gets to three deviation resistance for the first time, there is a high chance that it's Going to see resistance, sell off or pull back correct crash, stop going higher or stop going higher as fast when it gets to that price level for the first time. So this is like you know your first time ever going to a swimming pool. You know you're walking in you get your bathing suit out. You change you're out of the locker room and you're like dipping your toe in the water for the first time like holy, that's cold and you're like nah, maybe not today, because that's the first time you've ever experienced the pool, and then you know this is like Summer, you get a couple drinks in your next and you know: you're pounding alcohol and all your wise decision making goes out the door and you're like i'm going head first in the pool this time bowl flag pre-market at the three deviation resistance breaks over anybody who Shorted this top yesterday is covering the short bam all right, and you know so right we go back.

We look at the daily chart. One second go back: look at the daily chart right four hour: there's the blue line and the daily chart blue line was right. There so that gives us that price zone resistance so yesterday that was resistance and you can see what ends up happening to this is a daily chart. Look at what happens to the daily candle yesterday, so the movement of yesterday's stock look at what happens as it reached that price zone for the first time it swung down.

That was the first attempt at breaking through three deviations on the day or whatever for a long time. First attempt first time going swimming your first time playing golf you're gon na suck first time, skateboarding you're gon na suck first time trading, you're gon na suck, probably not gon na, be good. It sees resistance, comes back up, pre-market breaks through and you get your breakout. Okay, but remember: okay, here's! The next lesson is, since this is the hold on: let's go down.

Okay, this is the plus three deviation mark okay statistics. So this is this is statistics even though that, like 80 of statistics, are wrong, blah blah blah? I don't want to hear that argument, but just listen: okay, statistically speaking, um prices only exist above three deviations. Um like point zero, three percent of the time, or is it point nine seven, so yeah? I think it's point zero three percent of the time. Okay.

90. Like 99.7 percent of the time, or maybe it's 97 - i i forgot but 99.7 percent of the time the market is typically below this price point. Okay, so more often times and i'll just pull up. You know.

Let me just do this, so i can refresh my own memory um one. Second, okay, here we go so right here is the standard deviation chart. Let me find the one i like the most, which is wow. I haven't seen it yet that's odd.

Normally it's like right there. Oh, maybe it's this one! No, not that one uh this one! Okay, there you go so 99.7 percent of the time markets are in between the three. You can see the label three here so this mark here on this google image. That three is the blue line on the chart and so 99.7 percent of the time or 99.7 percent of the data typically is going to exist within side three deviations.

Okay. So what that means is 99.7 of the time most stock chart prices are going to be with inside three deviations, so this was a breakout outside of a mark of three deviations, 99.7 percent of the time the stock will not continue staying up here and trading. Above three deviations, hence why the market has reverted all the way back to this line. Okay, that's the same concept of clove right, so we go look at clove, okay, uh yearly chart look at the bounce look at where we're bouncing we're bouncing down where we have all these trend lines right.

So we're bouncing off support right now on clove, maybe i'll. Take a little little piece of that. It's a little late, definitely late to be in because it started down, probably on our three deviation mark, let's see um, so it probably went to. I think the daily chart three dev um, no a little less than that yeah, but anyways.

So now, when we look at this chart right, this is the daily chart of clove. This here is the three dev mark 99.7 percent of the time the markets are normally going to be below that look at what's happened since it got over 99 percent of the time the markets tend to want to be below three deviations. The market has almost immediately reverted back to below three deviations within probably like by tomorrow or friday, but most likely by monday. You will see that this blue line will be above the current price action so that the market has now corrected itself.

Okay, um did uh. Does all that make sense? Did everything that i was just covering there, for you guys make uh make some sense there um? Yes, the course we have does teach you what you're learning? Now? Yes, oh okay, very nice, clove, still kind of jumping up. So, let's look at clove and kind of decide where we might see this bounce go to i'm thinking. It goes back up to the four dev mark right.

So i'm thinking that we'll see this clove move come up to about 19 and 64 cents um. So right up to about here is where i'm thinking you know, if you're in long on this bounce and it's going up a logically good target, would probably be back up to this line. Now, if we can get back through 1970 yeah, we might be able to force another pop, but in this moment in time with the way the market's been trading with the way, the market's set up a logical target back up for um clove is going to be This 967., we'll probably see it, get there and then maybe see a little res uh resistance and here's the funny part right right. A lot of people trading would say: hey like look at where the market bounced here and it stops they're like that's going to be the resistance mark.

True they're 100, correct that that is a resistance mark, but if they didn't know that the four deviation mark exists here, then they have no re. They'll have no real clue as to why it actually did that and why this is truly resistance right. This top the reason it topped there is because we broke four deviations and rejected it right so right now that is a legitimate uh resistance price point for um for clove, so yeah this bounce on cloves should go up to about that price point would make it Would make this make complete sense to me? That is also true, deep value. Um.

Let me see if i can find that video i was talking about yesterday and then i'll, send it to you or i'll put it in the chat. Hmm, maybe i titled it didn't. I thought it was like stock market crash. Here's where i thought it wasn't.

Could it have been a live one uh. It might be this video. Let me just double check. I'm gon na fast forward through this.

No it's not that one. Maybe it was the inflation one okay, so i think yeah okay, so this is the one i titled it. I i gave you the wrong title yesterday. So here is a video.

The video that i'm posting in the chat right now is a video from a couple weeks back. This is when, like inflation numbers, you know everything came out with powell. The market went through its most recent dip, so this is the video i just posted there in the chat. I think everybody, even if you've watched it, you should go back and watch it um, but that's a video that goes over the analysis of the nasdaq when it was most recently crashing and it was showing you how to find these price targets as dip buys.

So if you go watch that video it it's not going to be you'll see how it performed, and i think even in that video i told you you should be like buying here with targets, maybe back to like the all-time highs. So if you watch that video, it's only when the market did this leg down and we were all the way on the bottom here um, so it won't be a hindsight. 2020 analysis you'll be able to go back, look at the video and then come back and see how it performed. Without you know, using all the hindsight stuff we're giving you forward sight, it's not hindsight we're giving you.

I guess you could call it forward site information. Um, so go back, watch that video it's it's pretty impressive. It's a cool video now, obviously um nate burrito, i'm not sure which one you mean exactly uh, which stock. When you ask the question it close below support lines doesn't mean it's kind of breaking these uh.

Today was a decent day, um true to the stock, wish traded, wish c t e k, c, l, n e n c t y, f, c e, l s: u n w, l, f, c e, l and s? U n double or swing trades c k. P t g e o, i n o clove clove. I got forty two dollars. I you know i got 74 geo.

I got 285 ckpt, i lost 115 s, unw closed out with 714 fcel closed out with 1050 ncti closed out with 343. small loss of 79 and cl e small loss of 15 on ctek and a small win of 14 on which so one two three four Five: six: seven, eight nine ten tickers traded today, three of them red, seven, green, seventy percent accuracy - if you want to look at it like that, oh okay, um! So that's some good good stuff. What else moved today? There was uh. Wasn't that uh o-e-g-g-e-o a couple of those guys? I definitely have a lot of tabs open.

That's for sure. How did you get the blue line? Easing lou, it's uh, it's called a standard, deviation channel on think or swim have not done bngo or sndl, but we will so, let's take a look at being bien, gio, okay! Well, maybe if it would load that would be great all right, so bngl the recommendation from beginning of the week was you're going to want to start selling bngo. That was a recommendation. Was you should you were supposed to start selling off the stock, bngo or you'd? Be looking to enter into more bearish positions or short positions, um justin crone.

Thank you very much brother appreciate that, so the recommendation with bngo was, you were supposed to start selling the stock off and the main reason was because we have currently achieved the long price target within that market. For the time being, so we don't really see a whole lot more upside right now without first seeing some selling pressure. So the bngo price target was this trend line. For the most part, we achieved that we recommended bngo back when it was like down here in that area, um looking for a price target of nine and when it got there, you'd want to start selling and or entering into a bearish short position uh.

So i would expect with bngo you're, probably gon na see it go down a little more um, i'm just hold on. Let me do mine my little analysis yeah. So i think there's a good chance. You'll see bngo even come down closer to the previous day's lows to um like 760s.

There is a gap to fill here, so you also have the potential for a gap fill down to here. I don't think we're going to hit the price target on the pullback to here. I think this is most likely where this up move pullback is going to try to bottom in like right around there and then we'll try to sustain and move the market back up. So pretty much what's going to end up happening, is we're going to see something like this? We will see the market do something like that probably go down a little more to as low as this area.

Okay and then we'll probably start to get a couple green candles and the objective is going to be breaking over this trend line. You'll see you see that trend line, that's what we supported on the bottom of yesterday right yesterday. We were, you know up, and then it crashed all the way to that trend, line, bounce selling, back down, probably close to that trend line as the second attempt right and we'll probably trade somewhere down towards it. And then the objective is going to be to um, get back over and sustain it.

So when we get down here, the market will probably retest and we're going to want to support that trend. And if we dip below we're going to be looking to get back up and over and once we get over, that's where we'll probably get that right. So that's that's kind of how that's set up. Is you have this trend line in here and the market? Let me redo that so the market, we have this trend here and the market's probably trying to come down to it and if we dip below it once the market gets bought back up through it.

That's where you'll get that candle like that. So again, probably a little more down trading to there and then one of those so that's kind of what we're watching right now on bngl and then what was the other one, the other one was uh. I don't be in oh sndl, so sndl won't take long because you know uh, we just did it the other day. I think the recommendation.

I don't see it right now. I think the recommendation was you had. This was intraday resistance and this is true, breakout resistance. So for right now i think yeah, you don't get a big breakout until you go over this price you have to get through here for a bigger move for the time being, people were trying to buy it up to this level.

I almost guarantee, when i switch this time frame to a daily chart, that the price level of 124 is probably going to be some deviation mark. So let's just double check, so we switch to the daily chart and it's not exact anymore. It's close. So you see this dotted trend line right there that was in and it could have been lower earlier today, but anyways.

So it looks like we've updated since yesterday, but the little intermediate resistance is right here, so it was a little off, but it's at 126. Okay, that half deviation dotted line. Resistance is right there. So then, when we go, look at the one minute chart, you'll notice that the top of the trading action for sndl today was pretty much right there right and look where it was on the intraday.

So it was coming up to longer term resistance, and it was also over the blue line, which would be excuse me intraday resistance, so intraday resistance had its top here. Long-Term trend resistance was there, so this was kind of the bearish zone on that stock. For the day, so the only way you're getting a bigger move on sndl again is by accumulating the price action back up and getting through a dollar twenty nine, okay, um and then successfully getting through the dollar. 29 price will and when i say successfully getting through.

It's not break out or break above it, it's break out or go above it and hold above it. You need to get legitimately through it and holding it and not coming back down under if it just goes over comes back down under and then you get candles or price action having closing prices below the level, then it's not broken out. But if you get up over it and then price action, closing price levels of candles are above then you could be more onto the breakout but yeah. If you can get through the dollar 30, then you'll be targeting up to about a dollar eighty and you notice how this dollar eighty trendline is almost exactly the same high as this resistance.

So a lot of people that don't run this system would go. Okay, you know if we can go up i'd. Imagine like this is going to be a resistance zone right, like that's resistance, that's not wrong, not wrong at all, but the reason it's resistance is because this trend line's there not because the price is going to stop at that price. It's because the price is going to stop at that trend or there's a good chance.

It's going to stop at the trend, and so ironically, you'll see that this trend line lines up with that previous price. That's how the new resistance will be created, pull back all right so again that breakout there you'd be targeting a dollar or a dollar. Eighty whoo! That's a lot of talk in there. Ladies and gentlemen, oh getting a little a little tired over here, my brain's working.

So hard um rodrigo, so ideally like i was saying before - is that this, for example, um this trend line to this trend line is the same move as this trend line to this trend line value wise right, this one's at like 231. This is at 281. So that's 50 cents, okay, this trendline's at 281, this one's at 331. 50 cent right.

So that's 50 cents. This is a 50 cent move. This is a 50 cent move. This is a 50 cent move from here down and again, that's that would be.

You know going negative, so you'd be like going, you know, negative 50 cents right. This would be down negative 50 cents and so on. So each deviation is always the same dollar value. Okay, a deviation is going from one solid line to the next solid line.

When a stock breaks out, it normally goes for. So let me rephrase this in a successful breakout. A stock could move four five, six seven deviations up so again in this instance. If we went for a three deviation, breakout move on the the four-hour chart here there would be an increase of 50, so it's a dollar a dollar, fifty a little more than a dollar.

Fifty like a dollar. Seventy would be the projected earnings price movement. If we went from here to a three deviation move okay. So what i'm trying to say is that when a stock successfully has a breakout move um, they will generally go for a one deviation move because it's a very easy measurement in the market, because one deviation right is 50 cents in this case right.

So if we can break out the mean we have a 50 cent target by doing a one deviation move all right, so that's generally how the market likes to work is when it breaks out. It will always first normally go for a one deviation, move the best way that i could explain. This would be like what recently did this um there was uh. What was it um c-t-e-k.

I think this is a good example for today, all right, so this one just follow along. It might not be like the perfect example, but i'll try, my best okay um, so we're gon na look at the stock ctek today, all right. This is a four hour chart. All right just always know that this white line in the middle here this is kind of what i call a shift point, a shift or a break point.

Okay, most people would say the breakout point would be through this high. My breakout point is right: there right people like oh, if we get over this resistance, then we're breaking out. If we get over this we're breaking out. No, the breakout level is right there, because if we can break that level, we'll naturally go for a one.

Deviation. Move to the next trend, okay, and in this instance a one deviation move is 221 to 262, so we're looking at 41 cents. So if you were to buy for the breakout of the regression trend on ctek today, you'd be your first goal would be a projected one deviation move which would accumulate a profit of 41 cents if you nailed it from perfect entry to right to that line. Okay, now that's the four-hour chart.

I don't want to confuse you too much, but now, let's look at the daily chart. If we look at the daily chart, okay, you will see that in this instance we actually broke the daily chart trend as well, and we moved two deviations, so we moved a total of 81 well, it might be different hold on. This is to 206 to 244. So that's 38 cents.

I guess so if i did that wrong 244 to 283. No, so i must have did that wrong. I don't know it's weird, but anyways. It's about a 40 cent move or so so you still have a little over.

Like a 40 cent move here for both of these deviations, okay, so this one did a two deviation move today: two division right from here to there and through this to there and look at look at where the top look at, where the top of the market. Today was so if we were to let's: let's do this really quickly? Okay watch this, so i'm going to remove my channel for the most part ready, so the average typical investor would look at the market and say you know the stock ctk. It's been up to here before it's been to 290, so i would think that you know that's probably a good resistance. So i'm going to put my price level here and i'm going to say that this top and the 290 is resistance.

Okay, there's nothing wrong about that right, but when we go back, oh sorry, when we go back and add the study or system, if it ever types, sorry, so we go back and add the study. What's there, the plus two deviation resistance right there is it coincidence that this trend line lines up almost perfectly with the past previous resistance high and then the market stops there? It's not coincidental, that's that's! Because the true resistance isn't this: it's the trend line, okay and if you go look and zoom in on the one minute chart you'll see that's exactly where the market topped today, okay and then this pullback watch this this pullback. I have no idea i haven't looked yet, but i'm guessing. I will just go on a whim and i'm going to say that this dip right here is going to be off a long term deviation mark.

So this is probably a situation when i before i even go and show you guys, i'm assuming that the market went up to the plus two deviation hit resistance and it swung down. It went down by one deviation. Okay, i bet this move down was correcting by one deviation, so we went from one resistance back down to a previous deviation that broke out on the way up and now the market's using it as support. So now, let's go look at it.

Four hour chart all right: let's see what do we have here, so let's just put them all there, because i don't know for sure. Let's see so we have this here, which i don't think that hit, and then we had the four hour one here and then let's go to the daily chart. Now, if we go to the daily chart, we had deviation in here all right and then we also had one there. So, let's see where this dip goes down to and i'm just marking all of them just in case look at the bottom right there.

So we're going to take away these two, so we don't confuse anyone, but you can see. Look at look at like look at the actually, no we're going to use all of this. So this was plus two - and this was a drop of one deviation back down to support. You can see where the market supported right, look at where the market dropped to bounce bounds, break down to deviation, support bounce ready watch this.

So we go back, look um! So the the bounce of the market today happened at the regression level, so the market essentially went all the way up here. Crashed on the day back down to the statistical trading mean the average trend went back down to here. That's where it's bouncing now, but before it actually bounced there, it went down to these levels, which was like the half deviation price. Hopefully i'm not confusing you guys, but anyways we're not even going to talk about the middle ones.

We'll just you know, delete this and it doesn't even matter we're good. I think you guys got the point, but um in this instance, you can see again crash from two deviation cells. All the way down to our half deviation marks here and regression level on the four hour, and then you end up getting that bounce and then you'll also see where the rejection of this bounce was look at where the rejection of the bounce was. It was right at that right, so that's the two deviation resistance pulls back hits, deviation, support that can't hold breaks down to the next one.

Then we bounce back up to rejection so for right now, that's kind of the resistance to get through on the day. This thing actually kind of seems like it might squeeze later in the day: good yeah um, you know i'm more of a scale in scale out kind of guy, but um. You know, there's been many instances where i'm like. I should just put my price at the deviation level and just let it do its thing.

So i haven't really tried that um but yeah i mean you could easily just be like yeah. I'm gon na put my order, entry right here so that when the market comes down here i get filled. You can totally do that. Um yeah, that's that's definitely yeah.

The only problem is is like. Sometimes they don't always hold perfectly. So it's like, if you put an order, entry here and then the market swings through it, then you're just gon na get filled and you just take a loss anyway. So a lot of times, i'm more like okay, let's see it come down, is it holding? Does it look good before i start to enter into that yeah if you literally go to youtube and type in standard deviation, um and scroll down like one or two videos, you'll, probably see the greatest or the cutest? Looking fellow you've ever seen with a big smile on his face telling you this is a consistent trading strategy.

Follow the string strategy by the way, let's go back and take a look at clove. Does anybody see what price target we are at on clove? You see that right there now this should be watched for for a resistance. You know there might, i won't say, might but yeah i mean i think it could get through this, but i don't really care if it does or it doesn't, because in this trade and that setup like i said it was a long from down here to that Price point, so you could try to force it through sure. I'm not because i know that the projected move was from about this bottom to that high, given the way the market set up.

So unless the market has anything in store that i don't myself understand or recognize um then yeah, maybe it goes higher, but from what i can recognize and understand. That was a projected move within this current market that i would be taking advantage of um. Yes, i will definitely take a look at oege yep, so uh today. The recommendation on oeg was that the market had to sustain this price point, or else you would be bearish.

So you can see what happened. I'm not even going to go through the long-term charts, but just know we went up to long-term resistance. We sold down to the next kind of trend level. We bounced it and that's why i said if you don't hold over this level, the market should drop and also mention that if we could keep the market up on oeg over the next couple days, then we might be able to force a big breakout, but so Far, that's not looking like it's going to happen as the market had came below this level and faded out so for now.

Um you're, probably not gon na, see a whole lot more downside from oeg, because i'm gon na assume that this sell-off has taken it all. The way back down to its statistical mean or something like that kind of, so you can see where we were consolidating before we were consolidating right at this dotted trend line and look at where the bottom of this market came down today to the bottom dotted line. All right and then, if we go to the daily chart there might be some other significance. No, but you can see the daily chart why there was resistance because we popped up into the daily chart regression trend.

So that's what it's saying is: if we can actually break through these points successfully, we might build well. Actually it was the other time frame, never mind, don't worry about it, but uh yeah. So i don't really see anything too crazy for now on this. Let me take a look at clne because it kind of looks like maybe it's squeezing doing something.

Hmm i mean from this morning. We said that this was the buy zone. Look at what's happened when the market got into our zone for the buy zone. It's it's held bounce.

I mean it's not the greatest one, but that's where the support level was. We mentioned that at like what 8 30 this morning, like 8 45 cl e. That was your support so think about that right. So at 8, 45 in the morning, so it's right here in the morning the market's trading like here - and we say this is resistance and that's your support and then it's now.

12. 30. So you know four hours later market goes to support um, so yeah cne. I just wanted to take a peek at because it was going through uh some some some momo um sads.