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2. https://www.youtube.com/watch?v=tNdpkHGhn_E&t=4s
3.https://www.youtube.com/watch?v=w4wEK5lUtuY&t=70s
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Good morning guys, good morning, uh hello, hello, welcome back to what is it monday yeah, it's monday, uh good morning, everybody um hope everybody had a good weekend. Yeah i had. I tried um. This was so you're.
Seeing me now this was um. I think this was like my eighth attempt this morning, so i i started and restart our stream eight or maybe maybe like six or eight times before it actually worked correctly, and i did make sure to check my uh check my internet. It was working okay, so nonetheless um, so today, pretty interesting. Moves in the market seems like a lot of these um ev energy charging companies have kind of been on the move, one second, so chpt all right, yeah so good morning, good morning, eight times a charm yeah, so we'll run through a bunch of stuff.
Today, um, i might even depending on my schedule i might pop out later today, and it doesn't matter all right. Gon na run, you guys through a bunch of interesting uh, interesting things that happened today, get you guys all caught up to speed on the market. So if this works there we go a lot of a lot of energy plays charging stocks. Ev plays on the move, so i'll pretty much just quickly run through a bunch of them.
Just like really quick, so chpt one of them, um blnk, is another one of them. I actually recommended. I think this morning that people sell that there um but anyways blnk was a great move this morning. There's another stock.
You can see here on the scanner ppsi, so ppsi is moving. This was another stock i recommended in our chat room at uh. I don't even know super early. I think i alerted that.
I want to say, alerted that's not even a correct way of saying it. Just you know brought to people's attention to watch this one long this morning with the energy, and i think it was in this pullback right. So by the time i kind of caught wind of it, we were moving up a bit and said watch it here. So a couple people traded along um 660.
So so it is my belief that uh we might go into a pullback now and we could see this sell-off. You know maybe, as far as you know, 490s or so you know that's just based on the belief that maybe this was the first big attempt of a pullback uh in the market on ppsi today. So i totally could see some people getting short here, believing you know had been on a good run, we're gon na roll over and then they got squeezed um and now you will see we're up pretty harsh pull back there. We just started a lower high, so we now have the possibility of a downtrend only downtrending when we take out this low and retest it.
So if we snap here below this low, you know and maybe come back up and bounce it put in another lower high re-test the breakdown at that point, we might to be able to suggest. Yes, we have a move lower into the fives here, but for now we are still theoretically uptrending the stock's been really hot. I think it just broke out too a little bit. I don't say it just broke out.
It broke out a long time ago, actually um, but you will see that the plus three mark is here. Your previous big swing high was like in this area to this area um and you're gon na swing high here, so i'm gon na actually edit this one blue, because this is a really hot one this morning, so i'm going to give kind of the full effect On this - and i got a lot of good sleep last night also because we got like that extra hour, so things were things were nice last night um. What are they saying? I don't even know. I don't even look at this time frame. I don't even think. Let me just double check and just see how this all looks: um yeah, it gets a little more interesting now. Doesn't it so yeah? Let me just read you: the news here: um pioneer power launches e-boost, smart mobile ev, charging solution. So, like that's pretty cool, i mean that's good news again um.
Is it making them more money instantly? No, not really, but it's definitely some popular news and a lot of these eevee stocks are moving. So part of me does think you should still watch this long. Now that i'm looking at this analysis, so i know that there's definitely some people that probably got squeezed here in a short. So what we're watching for right now is basically, if you're on the bear side, do we take out the previous low and then start a downtrend? If so, then do we look to retrace down to the blue below the blue back somewhere into the 490s? If we don't break down the blue - and we start to maintain that could also suggest we want to go for a bigger move.
So right now we're watching for a previous swing load break see if he wants a downtrend hold below the blue stay above the blue. If then, maybe go to this blue and yeah, i mean you get the point, um, so cool um. What else was i looking at this morning, a lot of things, yeah yeah for sure for sure the ev market running hot m-e-t-x, yeah um? I looked at m-e-t-x earlier this morning. That's also uh.
It's also a penny stock, that's kind of moving uh some! I don't want to say some. It's been moving, pretty good um. So yeah i mean you guys, can look at this uh there's potential for this guy um, you know obviously going higher could look at a million different things uh, but you know some attraction points, maybe 65 cents to yeah. It doesn't matter anyway.
So then, if it breaks out, if you break this, just just pretty much put it this way. If you do a break of this previous swing high successfully, you just target up to 95 cents, you could see a pullback there, so if you're gon na do like some momentum trading, quick trading, something like that, you get a breakout here - 74 cents or whatnot, and It goes you know you could probably target up to 95 cents right. You ever hear like that saying a lot of times, penny stocks below a dollar won't break out a dollar ironically enough right at about a dollar. Is this previous big swing high, matched up with a statistical deviation, kind of all in the same area? So i mean, i think, logically, a break of like that 74 yeah. Look up somewhere to 95 would be my opinion when we say break i mean when we say successful break i mean a successful breakout, yeah bbig, another good talking point. I know i never really. I got to get back in the habit of writing down all the stuff i look at in the morning because then it's like oh yeah, i remember that one and that one yeah i mean that was on the watch from a while ago. Wasn't it i'll get rid of that, so i mean realistically, every day it's just crazy.
I mean tesla. Had an interesting move. Amc's had an interesting move. Bbig had an interesting move, the ev market's moving interesting.
I mean there really is just a lot of stuff going on, so i think everyone should probably have something to look at today that they would probably be interested in um. Dkng is another play, i'm watching, not that i think it's gon na be something epic. I just like expect we're supposed to still go up. You know, like here's another thing um, you know like dk and g's got a just kind of like a nice looking move so far held its earnings well, gapped up overnight.
A little bit even has like a flag pattern right there. So you know this is still kind of looking interesting. If you look at the longer term picture, you know, do we have a little bit of a little bit more of a bounce here, or is this going to roll right back down off the earnings debatable? So i feel like dkng is slightly interesting as well. Now i want to pop over to amc.
Last week we were watching, i would say we, but you know i was watching amc on stream and yeah. It tended to be like what appeared to be some lash back like. Why are you watching amc? It's such a? Not gon na it's just a trash mover which arguably it really was pretty bad. I don't know what day was that friday yeah friday, so it more or less it wasn't about expecting a good move from amc friday.
We really only anticipated we could go as high as these red lines on friday and you'll see by the end of the day. We tagged that red line, so this is, was really like as much as we expected, or at least easily amc would go up to um. So part of friday was watching amc's trading action to see. If we would then get sort of this move right and see if we are priming up for something bigger than what we've just gotten right, so you can see we popped, we've pulled back, we've bounced back immediately.
We held good on that day. This morning, we gap up a little bit, we're running a little bit more getting back towards this previous high. So these could just be all the early trading actions of a setup to bring us higher on amc, maybe over the previous swing high that was put in from a couple weeks back so yeah. I think it i think amc is slightly interesting.
I would say interesting, like it never was, but yeah i mean it's getting closer to potential moves above the swing high. So the setup action in here is to me is important to watch over the next couple days and not only amc. But if you look at gamestop too gamestop also looks somewhat interesting as well. When you look at the longer term chart which i have a lot of drawings on here, i'm sorry yeah i mean when you look at this. I mean this was um. I don't say this was, but you will see that the market has continued to maintain hold on higher lows um. We did not and just recently swing the bear move below negative one. I mean you could draw a trend line this way and be like oh we're.
Above that trend, i mean yeah you just crossed over. You know a longer term, pennant trend. If you may, you are still creating higher lows. You just got to the long term statistical mean when you get through that you can get bigger jumps.
So something like you saw here - this move, i believe, was when the market crossed through the statistical mean so game, stop going to the statistical mean breaking through the statistical mean big pop okay. So here we have game, stop going to the statistical mean. Do we get through the statistical mean and big pop, and this setup would actually be maybe even more likely to getting through that high end running up to 474.? All right, you know, and then you ask yourself, is this now hold on? Let me go back to the daily chart. Yeah i mean, i guess you ask yourself: is this sort of a longer term flag pattern setting up where we have a big up move and in reality we keep riding up this long term trend right there as well? So you know those are a couple things that i've been asking myself for a long time, seeing if we would get this set up and it's closer and closer day by day, um, so anyways, i think aims.
Amc and gamestop have interesting setups that could be on the way. So i think it's just important to keep watching those, maybe with more attention to detail currently so really quickly. I the things that i am watching, which feel free if you want to watch them. Not all of them do, i believe, are immediate movers, so like bbig is something that i'll be watching over today next couple days next week see if the setup prevails.
Amc same thing we'll be watching the next couple weeks to see if the setup prevails. Uh tesla is something that i'm watching that's more of like a day trade. So we'll cover that right now so tesla's i haven't even traded it yet, but i'm building the case for maybe some trades around it. So i mean everybody is probably aware.
If you look at twitter or just anything financial related elon musk did mention that he was going to sell tesla stock pay taxes. I i don't care but anyways the stock gap down for the first time in a long time. So i was wondering if we were actually going to roll down today or if we would just go back to do the gap fill before rolling down so watching two things just to see if this falls apart today, which i really don't think that happens, but maybe It does on the flip side would also be watching this to go back up and fill the gap before you build some real big bearish thesis um. So when we look at my charting, if you want my charting, has us already on support this morning right. So it's like: do you want to short it? It's like yeah, i mean maybe but right, look at. You can see it gap down and i got this doesn't matter. I have a line there, so we basically just gap from one line to the next line. So, basically, on support already, and then this line just matches up with the previous dip anyway.
So it's like just gap down off some news that like tests and maybe there's something else that i haven't read yet, but from my understanding it was elon's. Gon na sell stock because of the unrealized capital gains tax thing and he's gon na pay, his fair share or pay some taxes, or something like that, and so anyways stock goes down right. Okay, is it meant to continue going down based off that we'll see? Now we just have a gap down right, so it's like we started down trending the other day. Some extend this to the right.
So like yeah, we started down trending the other day and then you can see we broke below the negative three snap down. Two next thing is a half deviation, so i'm wondering right: do we just bounce up the next couple days, fill the gap and then create a bigger, lower, high and re-test the breakdown and then go yeah we're in a slight downtrend. So part of me thinks it might just be too soon to jump ship and try to short this move down. You might be optimistic that the market will bounce at first to fill a gap before running it lower.
So that's kind of what i was watching for tesla, maybe in the next couple days, so there's that uh. I will definitely look at quantum scape. That's still one! That's on my watch, close er ish closely lish um. What is it gon na? Do the spy and cues sorry now we're going to run through the spy we're going to run through the nasdaq, so everyone's just up to speed on that um yeah.
I did see the comment, but i didn't see a ticker that followed. Maybe i just skipped it on accident, but uh, mr montero, so just send the ticker and i'll look for the next one check out xpev paypal. I haven't seen paypal in a while. It would definitely be interesting watching that okay, so what do we have uh? What are we looking at? First gosh, keep forgetting quantum escape, no spy, duh, yes, market, all right so market friday friday, the market shifted down a little bit and doesn't matter just went down, filled an intraday gap and back up.
So i would say this: if yeah, i think the market just retraced to a level it wanted to get to. So, if you ask me, i believe a slight little hesitation is on the way from the spy this morning um. But let me double check everything i mean crosstalk, so i mean yeah. If you ask me hindsight, 20 20, now you know from this dip and this bounce this coming up right i mean we had a bounce big down higher load back up flag move long to my standard deviation right there dotted line. Part of me feels you're going to see some hesitation. Maybe a little selling action come in here to start the day you might get a little bit of a pop through you might get a little bit of a pop through sure, but you're also coming into this previous top from friday. So for this to keep running all the way through this top, i mean you'd have to be pretty bullish. Right.
You'd have to have a pretty bullish case right now for this just to run straight through that top with no sort of attempt to even sell the market there. So you'd have to believe that all the people selling the market from friday are just gone right. They they've just completely said you know what i'm not. No.
This is a canal right, so it's my belief that you will find some supply and you will find some sellers located in this s. P. 500 top today they could, you know, take the market back down a bit on the day. I don't see why not.
It looks like a strong trend, but it's my belief. Great move from the gap fill over the weekend monday morning, starting off previous friday. High half deviation resistance potential area. I would stick with the selling a little bit on the day.
I think, okay, that being said, um, that's really finite. That's just like me looking at what could very well happen in the first 30 40 minutes of the day. Here is what i was considering: maybe a pop-up another thing we we see quite often too right, and this isn't. I am kind of covering bases here because you never know exactly what's gon na happen, but a very common thing i also see is you know just because we're here on it doesn't mean it's gon na be resistance, but you can also see like a push through Um and then and then it yanks right back to try and hold it and then sometimes it falls apart and then it goes down and then it kind of comes back up to it later in the day and you just get a sideways day.
So you know, that's also a possibility to see a big push attempt say: hey, can we do it and then the market is like nope and then it comes right back to that level. So that's also something we commonly see, but let's flip over the cues yeah, we'll flip over to the cues. What are you doing so the queues are actually kind of different than this. Well, i mean yeah.
True, they are a little different. So question is: did you ever really even break down what? Where did that even go it's down there? That makes sense yeah so like this is kind of interesting. So, unless i would say like in in this on the queues right now right friday at downswing starts, we go to this dotted line we, but it might not actually been the dotted line. That day, i don't remember anyways. It goes down bounces blah blah blah. So pretty much unless the queues get back through the price of 399.26 and really start to sustain. You know: there's really, no reason why the market doesn't give it a little downshift or maybe re-test 397 or even retest, 395. um.
So yeah i mean that's, that's also. A possibility too so yeah, i think, for the cues. What i would watch right now, if you want to be bullish, is to look for the market to actually reclaim 399's right. If you look at the previous trading day, it went up and then you just went sideways into like a flag, stalled out and then it just rips down okay.
So then it bounces and lower low, so you're not even up trending right, so you're well kind of right. So you go like this and you go up and really we just retrace all the way back to this level of potentially resistance right. We kind of have a higher low, i mean more or less. This looks like a flag continuation.
So if you go up it to me, it's not really as much of a high or low as to more of a continuation of this move of a flag. So have we even put in a higher low after crossing this downward move debatable? So i think yeah we might see the market do a little roll, maybe come back and test some areas of demand. Today, it's just kind of interesting because the spy looks a little better than this does so i'm interested to see how it all plays out. Do i have a cold, no, no, no cold.
Today or today, uh algo, algorand yeah, maybe bbig dropping yeah. Let me we'll cover this one, so looking at bbig, i got some like awkward news this morning about a spin-off, crypto tide, which i still have to do a little more research on. So this one. If you will go through it a little bit so um, you could do like a trend.
I mean mind. You just know that whenever you have a steep trend, it's pretty much always supposed to break um yeah steep trends are pretty much always going to go down or a break sorry. So this has been trending down a bit kind of broke trend. You could even do one this way if you want, you could do one like this way, you're like well, which one's the right way.
I mean, there's no real wrong way. I mean i mean there kind of is, but i mean nonetheless, i mean you, don't even have to do all this. I mean you could really trade with like naked charts. If you want to and look at the stuff, but it's pretty much the the question you're asking yourself right now on dbig is: did bbig break its kind of short-term long-term downtrend.
If you may did it did it break its downtrend all right and then you have a previous high top swing in here. So you had an up move and then you broke out here and then you kind of like a little break out there and it'll break out here. So you know the question: is you had a little move up now the market pulls back. Do you sustain in these levels? Okay, do you end up holding a support level in here and actually creating maybe a significant higher low off this bottom, which in return comes up later and creates more of a breakout? So this could just be your early signal that a breakout and a formation is happening, and now you should watch it. Hence why bb bbig is on my watch list. So, though, i don't actually think anything crazy is about to happen today. Tracking the trading action for the next couple days could lead to something interesting. You will see the s p.
500 everything's open the market just dropped out for the day, well started with the pullback um, so yeah, with bbig you're kind of tracking to see if a higher low gets kind of based in here and then in the next couple weeks. Maybe next week you come up and actually break through 570., so right now all this has done is gone back re-test 570. And if you look at the bigger picture right, the bigger picture has the potential for maybe a head and shoulders formation as well. So if you look at that, we're coming that we're pulling back and look at where i'm telling you to watch for maybe the dips, these red lines, all kind of line up with that previous swing low there.
If you may so, you know you might dip down here. The next couple days try to create a head and shoulders all right possibility. So that's why i'm watching bbig next couple weeks and now i'm going to delete all that craziness. Okay, that sound like i need a third booster shot: um yeah.
Let's go look at pps all right, so ppsi um big pull back there. So you see how the pullback you see how the pullback went right down to that, to that blue line there right so and you can see how it's kind of getting bought up a little bit off the blue line. Remember how we're saying earlier. If the market could actually sustain the blue line, we might build the argument that later we could go higher right, so you'll see the swing down to the blue line, so this is pretty much a level that the bulls have to hold right now or else they'll Get swung pretty hard on the downside, so bulls need to maintain the blue level or else the bears will smack them down, and you could see a fade move on ppsi all the way back to 490..
Okay uh. Are you still swing long roku? No, i haven't been swinging along roku for a while, and we even we went over that whole trade, like even i think, like a day after two days after kind of the the video and the entry on it. You know and like that's a perfect example of something of an analysis that did not work right. You know we could touch on this.
One really quick, i mean we don't have to, but we can do that later. All right, uh give me just a second. I got ta kind of get my bearings straight here on things that are moving um, so yeah amc. Another thing we're watching closely today.
Actually amc just pulled back on the day down to support. So right now it you know it's kind of important that amc maintains the price of 4220 that can keep the bullish move going in the immediate um. You know next couple days sliding below this trend that i'm showing you could lead to a little weakness. So pretty much the one thing we're watching right now: yeah mara had a big gap up um, that's just going nuts but anyways. You get the point. So amc one second yeah! I guess i don't have to make them dot. I don't have to do that for right now, yeah! So again, you can see how amc pulled back pretty much to that white trend line. It's still holding, so you kind of got a slight double bottom there.
To be honest, it didn't really look like a ton of people were selling that dip anyways on amc man that just doesn't want to work right. Yeah blnk is moving interesting. I did think to myself. Well, let me check chpt i mean we were talking about.
Energy plays earlier chpt is getting absolutely rocked. Is that having any effect on ppsi right now, yeah i mean ppsi still holding that level right. You can see that ppsi is getting some wicks right off that blue line. So there are some bulls sitting here: trying to defend that uh, that level on on ppsi dkng bouncing back.
You know relatively strong for the day so far the market's moving pretty well. So the market has broken that level we talked about now. It would be good for it to maintain so if it pulls back watch for the cues or the spy to maintain the breakout level. We had earlier discussed - oh yeah so too so much to cover quantum scape um quantum scape did well remember.
Yesterday we talked it. Doesn't matter friday pretty much, we were looking for a hold today on quantum scape uh, which we got so that's good, and today it's kind of breaking out a little bit um, so interesting, yeah um, so be careful if you're short on ppsi. You know just an fyi, you know bulls still are holding all right price targets for quantum scape mira, looking good girl. Looking good again, we talked about prices of maybe 36.55, so we're still basically watching for a move on quantum scape 236.55.
Currently yeah - maybe higher at some point, but you know so there's a couple short sellers on ppsi getting taken out there. So that's a good squeeze move. You could definitely take some profit. If you wanted to, you could look for something higher.
You know it was my belief that this really jumped out of here, maybe we'd, see up to the blue line, but you know like we were discussing you'd. Look for you know, maybe a support, dip and hold at the blue line. So you got your support, dip and hold you crossed through a couple levels. You took out some short sellers congratulation thumbs up.
If you made some money all right, so quantum scape on the day has really just gone back to our previous level. Um, not our just a level, so you probably are gon na see a little pullback here. I it would make sense to me maybe a little bit more rougher than maybe a red candle of some sort, but so far the volume on quantum scape is great. We're holding up, let me do a little bit of a deeper analysis on that one, because it is one that i've been following for a couple days now. So if we do that we should go to 34, but are you going to take us to 34? Immediately? Hmm, that would be frustratingly annoying, but kind of be cool. Also, if you don't see me talking for a second it's because i'm trying to use my brain more as opposed to talking all the time, i tend to talk a lot and sometimes just got ta. Actually, look at a chart for a second um, so it looks like qqqs did not hold that breakout level yet so they went over and then pulled back below a bit. This was the level i was thinking.
You might get a slight pullback on quantum scape bat spy you can see is breaking down here. So kind of push up, remember, saying: push up, pull back, try to hold if it doesn't snap lower. So again, if quantum scape is on a full mcripper here, you should see a price of probably 34.. It does look pretty strong right now, yeah.
So i mean this is a half deviation level. If the market's truly breaking out, i i mean yeah. I could totally see quantum scape hitting 34. now.
Here's the deal um could arguably need to pull back so either way does look pretty strong. What's the uh i mean the daily true range is a dollar seventy on a typical day. It goes 204. So, even though it's above some standard deviation levels, i mean a dollar 74.
204. What's that 30, so that's 30 cents here at 133, 30 cents up would be 33.60. So, even within this current move, if it hit its average true range, it could still theoretically go 30 cents up. We'll see i don't know what happens.
Crash starts this week. 10. Correction, imminent, okay, uh yeah. So if i was going to say if quantum scape's going to move immediately um or continue moving long bias immediately, it's going to stay over 33.
If it's not going to continue moving pretty strong like immediately, then it probably goes back below 33. So just keep that in mind regarding quantum scape so so far, there's a pullback on quantum scape staying over 33. So so far that's i mean if you're bullish or long, then that's a good sign so far, then again it's only a one minute chart anything can happen right. So hmm, so yeah ppsi nice little pop there, quantum scapes, still kind of moving up on the day.
Trying to at least nonetheless hmm e-h-t-h such a strong move trvg. What are you doing? Ah, so you broke up through that. But did you actually pull back every test? Hmm, so again amc pulling back down. Um i mean yeah.
I mean it pulled back down. That's fine yeah! I think. If amc is going to continue up say tomorrow, then the market needs to uh sustain pretty much where it's at about this level. Right now about 42s to um, yeah 4190s. So it'd be interesting to see if this market gets a dip bought up down here in this level, and then they swing the price action back upwards: okay, so yeah, sorry, uh, scl, cranking uh in banking. So let's take a little mcgander uh strong. I mean there's really no other way. To put it.
It's just strong, i mean um, i mean yeah. You should be where you're at right now, so it makes sense that you went back up to about 10 right. All these areas make sense here we um through that get a previous swing, long break in there, which i wonder if you could get with the 10 day 30 day, 10 minutes snap pop, i mean you know, don't be surprised if at some point, fcl even swings Down to retest 9.79, that is also another possibility: yeah even sel rips back down retest 979, but on the way up, you should be looking towards about 11 30s. Now so on.
A break over the previous high you'd probably look up to about 11 30 for a long move. Let me just double check: yeah 11. 30. 11 50, which, theoretically, if you look at a daily chart, we're already over that previous high.
So that's a good sign for the daily chart. That's interesting, which that daily charlotte was probably right there yeah so anyways. I think in the coming days you might see scl hit the 1150s on a break over. Well, i mean yeah if it breaks over this high you're, definitely probably going to get 1120s.
I wouldn't i would imagine so that's what i would watch for. 11. 30S. 1120S.
Ceo. If you get that break over the previous high, that's an a trade, you could watch for quantum scape fundamentals. Pathetic i mean he probably isn't wrong. Uh m-a-r-a still on the move, which raises the question.
I should look at bitcoin, uh, bitcoin, well bitcoin's up, but then pulled back um. Let's see what this is doing. That is interesting. Amc short, i mean yeah whatever you want to do for sure, um yeah i mean i'm.
I'm probably i mean i i know. There's a bearish move, you can probably trade into um, but no i mean and they're, not even yeah. I'm not i'm just gon na be watching it next couple days to see if it forms up for right now, uh quantum scape still moving up on the day. Uh, 33.58.
33.57. So nonetheless i mean it still looks decent um, actually ttm's dark blue, yet we're still moving up. So it's kind of interesting, so you will see that obviously, amc did not sustain that level, at least for now that we had talked about right. So we said if amc is going to continue moving bullishly in the immediate it's going to have to maintain the prices of about 42 to 41.90, which we're kind of testing right now um.
So it would be interesting to see if this market maintains here. If not, then what then i mean you could do that i mean why not and then we'll see i mean i have a trend down here. So i guess if it really does break down the next couple days, we could see prices of 40 46, but first watching right now, quantum scape another good push up there to 33 70s uh, the spy and well it looks like the queues are just kind of Hanging out sitting sideways for right now, quantum scape new high there 3374 very good, very nice, very nice. I mean you took that puppy out pretty quick, pfe sure yeah. Let me take a look so pfv down drop. I know this was on a run last week. So i would assume it's been up, you know maybe pulling back yeah. I mean that makes total sense to me.
Um ppsi seven box, v-i-n-o interesting yeah, so anyways quantum escape still moving well pfe, i mean let me snap down, you might get a break down, maybe yeah, so you broke down here so this would. That was your retest of your breakdown. So there's probably some people selling in this move right now a bit. You know what i mean if you look at where the volume came in think about this right, so the volume snapped down on pfe today.
You know right about here. Okay, so that's where a lot of volumes snap down, so arguably that was kind of your breakdown point for the day. Um - and this is your market going back to retest your breakdown. So this is the breakout people chasing a breakdown.
This is the markets bouncing back on the day and retesting the breakdown and saying. Okay. Do we really want to break down so far the sellers are saying: yes, okay, arguably off this bottom, you got a higher low okay, so you have a higher low. Arguably, from this move here i mean this is a one minute chart sure you're kind of down right and you kind of have a lower high.
So it would be my belief that if the markets come up, reclaim this price and hold in this pocket a pull back in that pocket and then go like that then you'd squeeze because it looks like we broke down a bit today. So far, sellers are respecting the breakdown, so if people are jumping in short, jumping and short, they might get squeezed in the event we come through this price. Otherwise i would stay with the trend down right. So that's just kind of a way you might look at the market there um on pfe, now there's more to it than that.
I did keep going but yeah i mean i do kind of think that the market might here on p if he get bought up back up to those two prices we just were talking about. Let me just look again and also it makes sense. You pulled back because you hit the neck one yeah i mean that's that makes total sense short squeeze sell onto parabolic spikes, um, real wolf trader yeah, that's actually yeah pfe is great. If you have 140 years until retirement uh yeah, i would say you're you're not wrong about that one.
My friend so again there you can see um the bearish move back off on pfe um yeah, it's about i mean and the market is pulling back a little bit whatever happened to tesla uh. By the way i mean quantum scape good move up. I you know. I don't know if you're watching it doing anything with it, but a good move. Tesla so tesla swings down and then it goes up. So the question is on my knee. The question remains: does tesla end up filling the gap before going lower? Look at where amc is trying to hold so on the day. Amc has and now look at remember.
We talked about this before this was our identifiable level of potential support. We went through it, we've bounced back to it. So this is the market saying. Are we going to stay down? Okay? Are we staying down? This was a scalp trade back to retest.
You could close out on that now. This is a market saying all right. Are we really breaking down so we broke down back to holding below right, doesn't mean it breaks down. This could end up higher lowing out like this and then 30 minutes later into the day we end up coming through and now we're on to a dip bounce right.
So still watching still watching amc, yeah, that's ugly yeah, i mean if i'm gon na, do a bunch of random drawings on the chart. I really shouldn't shouldn't do that. I should use the zoom meeting. That is just a lot better, which i'm supposed to be recording.
Yeah figures, you're, okay, you're, okay, bump and run off lower trendline won't hold long retest likely fails yeah. I don't really trust i mean so far. There's no way. I don't trust that i mean that's.
A very, very harsh, bear candle off that that level. So maybe i would need more convincing than that myself. Personally so we'll see you know um. What was i doing? I don't even remember i really don't.
I really don't um yeah glasses back on and you really need to warm up this coffee. I already warmed it up and then i didn't drink it. Is it cold, yeah it's cold. Well, let's just go.
I need a second to look at the spy. What time is it it's? 9? 57. So we're almost 30 minutes into the open. Okay.
Another interesting big candle back, so there goes the spy down right, even though it looked as bullish as it could be. This morning it still went down still down so hopefully some of you guys use that in the analysis today to help, i don't know, put a cupcake on the plate for your kids birthday this year. They can get expensive these days. Our friend brandon he's uh he's out to help us, though.
Yes, yes, he's definitely here to help for sure. Well, not on my wallet, my wallet's, definitely on a diet. It's been on a diet lately, not because it wants to be. It's just it has to be, it gets getting a little skinnier.
You know it's typically you you want to be, maybe on the thinner side, but not when it comes to your wallet. No, no. I might have to retire my truck for a little bit and just ride my scooter around in the winter. That's gon na be great like dumb and dumber, because uh, because i can't afford the gas anymore, but that's okay, right because now i can just go, spend seventy thousand dollars on an electric vehicle car right. You know because everyone can afford to just go. Do that right, all righty? No, but seriously. I got to kind of do a couple things here: interesting hole, average guy 45, stop whining, i'm not whining so good hold. Look at the amc hold so far so far good hold, not bad.
I'm sorry! I must have. I must have hurt your feelings there. I apologize. I didn't mean to hurt your feelings.
I just i'm really like my friend brandon, hey utl, interesting, but if that's over then you'd get smoked, wouldn't you you would, but it's not over okay, interesting yeah. Autl definitely has some possibility, i would say, has possibility. I mean it's definitely got some room to maybe run there a bit so could definitely be worth watching uh. It already probably was worth watching, but very interesting move so far.
So i'm looking at a utl here and i'll give you kind of the scoop, the things that i'm seeing. I have no idea if it takes off and becomes an absolute crazy stock on the day, but i mean, if you look at the daily chart, the daily chart has some room to go on the upside. In my opinion, we'll see if you look at the four hour chart um the four hour chart already kind of hit some resistance today around 8 42 right. So we had resistance at 8, 42 um.
You know so i think you have up to about 8 10 to 8 13. Now um, you are breaking some levels whatever you know, it's just kind of an interesting dynamic. If you can get the market through 8 40 on auto today, then yeah. I think you could even attack like say dollars and sixty cents, so it has potential to go to nine, but you'd have to go all the way through the 840s for now.
So it's probably best that you just watch auto for right now. Maybe moves into eight nines, eight thirties, eight forties at most and if we're lucky, this ends up going much bigger on the day, so i think it could just be on the watch right now. If you're long, you could only really belong to the eights eight forties. If we start to clear there with good volume, then you could start discussing nines, so yeah, hmm uh a b and b was looking very strong.
Last time i looked at it yeah, so airbnb is up, that's still a strong stock, so i think yes, you could just pretty much be long, biased over all that right now, oof big pullback on autl um yeah, i mean as long as eight i mean right Now i mean, if you're, looking at immediate momentum, you wanted to stay over 759 through 759 bulls, get a little scared, so it's pretty straightforward autl stays over 8.59. You can see it move more in the immediate if it starts to come below that. Actually, it's probably a little less than that. You know maybe even 748 um, that's a daily yeah.
That makes sense. 748. 750. yeah pretty much.
If this, if a utl is going to keep champing out in the immediate, then people need to buy it in this area. Pretty much this is your dip buy zone right now on a utl so and what i mean by that is, if this keeps ripping on the day, it's not going to break down below this point. Okay, we're going to stay above this point if it wants to continue moving upwards okay. If it wants to come down below it, then maybe it's done for the day or it's going to take a lot more to get it to go up later. But you know if you're looking for immediate momentum, you're not going to go below that gray box on my screen with autl. So that's a candle up to retest breaking out now it's going red! So you kind of have the potential of a downtrend, starting which probably just leads more to like a flag if anything or a pennant, maybe hmm wow. Let me look at this really quickly. I do a little bit of math.
What am i doing? Um um hold on so we were about right there, nice. Ah, you know what very interesting very interesting. It's a big cell candle, it would say a utl had a very interesting sell candle at uh. Sorry, i was doing something else for a second, but right at about um 10 o'clock very interesting sell candle.
So you can see that the market is coming back down right below the 747, which pretty much means you have to have a miracle of buying here. To get this back up and through 759 or else you're not going to see another pop move, just an fyi, interesting uh, any opinion on shib um i mean i haven't, really looked at it in a bit. So all right, so there's ppsi remember earlier. We talked about pretty much holding the blue line and going to the next blue line, so it's pretty much done that.
So it's already done a very good move, slash good trade. I don't know if it goes higher. That was my analysis for the day. If you liked it, if you made sense of it, if you did something with it, then cool thumbs up now, i'm not really building a plan for pbsi.
That was the plan. That was the idea and it happened so thumbs up thanks man amc a bye here. Oh look at little amc, magoo amc broke up, pull back and retested that level um. So that is good.
Okay question is: how do we have? Is that a true higher low? So i think we still watch and i don't don't quite think you can. I mean yeah, i mean you could take a stab if you want, but yeah there's a couple things to watch, but that's good. So far, that's kind of what you want to see with amc, yep, ppsi, blue line to blue line there. You go blue line to blue line rdbx hitting the scanner.
For some reason. That's a big squeeze up. I wonder if it's just a counter trend. Long! Oh that's interesting! Oh yeah, but i s ah makes sense.
You squeeze it right. Wasn't i looking at this just that doesn't really matter alrighty a-u-t-l coming back, but is it enough pretty strong candle so far in autl? Again, you pretty much are looking for it to maintain. Like 759 760s sorry, i haven't looked at vino. I know it hit the scanner a second ago. Maybe i don't really know i mean i could look at it, but still watching this auto, that's funny uh. I could take a look at shib really quickly the whole time um. I can't like do my entire analysis. Like totally with, but you know, um yeah, so a ship's kind of a tough one for me, because i can't do the full analysis, but i mean i figured anything on shiv back down to like.
I don't even know what that is at the point. Whatever three three zero, seven point: zero, zero. Three three seven is kind of a good add point to me: it's still in a downtrend a little bit um, maybe a bigger term downtrend yeah. So i feel like it still has a slight downtrend.
You could got ta be careful of so part of the problem with me on auto. Not i've done a little bit more research. It's got. It got a 250 million dollar investment from blackstone right, so this stock has a 250 million dollar investment, so stock rallies on a 250 million dollar investment from blackstone.
So again, if blackstone invested 250 million dollars into me or my company, what would the value of my company then be worth right? How much would we have under management? What would those assets look like? Well, i would be 250 million dollars richer, though i don't still kind of a liability, i won't say a liability, but you know it's a 250 million dollar investment we've now received. So what are we valued at now? Um so, based on the outstanding shares, the company was worth like somewhere around - maybe 390 million yesterday down here. A spike up to here at about 840 would increase the valuation by about 250 million, so a price of 800 or a price of 842 to me does reflect a valuation or an increase via 250 million dollars. So you know going higher than 840.
I think would maybe it's possible um, but that 840 to me anywhere in that price theoretically seems like a real price for the stock based on the 250 million dollar investment they just received. In my opinion, anything above it might be more of a euphoric market. Maybe we're starting to attract retail day traders more and maybe a bigger mass of people um, so if you're long and it spikes in the 40s to me, that seems like a good target point even for now on the hopes that it goes higher. Sorry that this is zoomed out, you know i don't didn't, intend not to be zoomed out but yeah.
So, as my assumption you know, 840 is a smart target for the stock based on the 250 million dollar investment. They just received kind kind kind. Oh wow, yeah! That's interesting, why is this? Did this go off earlier? I don't. I don't really know honestly once you've seen the stock market for so long.
You don't even care if you miss anything, it's just like whatever i'm telling you you'll eventually get to the point where now sometimes like. Oh man, i really should have been paying. Attention should have been a good move right. You don't want to miss things, but eventually the fomo just goes. It's not even a big deal yeah. So this is so like new that i can't really give good estimates myself. I mean intraday playing, so the volume kicked in all around here. So, theoretically, that's where the volume broke out, so does that mean we end up trickling back down filling the gap, maybe even coming closer to 1258 um? I guess that's a possibility.
Um yeah i mean for now. If i was bearish, i'm not bearish. I don't have a short on this, but if i was you know, one of the things i would definitely be attracted to is filling that gap stock. Pe tv hitting the scanner could be something interesting if you want to take a look at it.
So petv is at about 425 close to breaking a previous swing high level. Just did the question really is? Do you truly kick start any momo from here or is it just gon na be garbage um i mean you have a big gap to fill who's to say you couldn't do that yeah uh! I can't do it myself, based on how it looks and entries and risk, and this and i mean if it breaks out it, turns into a good move. I i can't really give a straightforward answer on this one on petv at least not yet myself. Oh yeah, look at that.
Look at that uh, whatever it's called trying to do its thing. It's at 780. definitely feels like there's some shorts in there that might get squeezed a little more. Pe tv is starting to see a lot of volume, though like a ton of volume.
So arguably it's not bad. I mean, like i said: petv had a lot of volume there. Let's see if it'll continue for you um. I guess if this is like truly gon na go on a move bigger than this.
This then we're seeing i figured maybe you'd see like 520s or something so we'll see the volume is pretty intense there um i mean, i think. If you look at like the pass, i mean yeah. The volume today is pretty intense on that. So you'll see if the breakout continues right.
You can look at the past couple days, trading spike up spike up and then today the volume is just mega intense, so we'll see if it has any follow through there. I mean it already spiked up right, but i mean more so. Oh snap, look at tesla. Remember we talked about tesla going back up on the day.
You know kind of try and fill the gap. Wasn't even watching. Tesla didn't really watch it much today, but it ended up doing that. Little flag pattern, move and a breakout.
So that's pretty cool jblue um i mean yeah. If jblu crosses previous swing highs, you're going to get a breakout kind of move, that's yeah! It's pretty much! You're watching over the next couple days, can you get back up and clear? If not, the bears will just kind of eventually win it over ppsi yeah. Let's take a look again, i it wasn't really making much of a plan other than the 750s. So you know you can do whatever you want there, but i wasn't going to watch much more than that. Uh quantum's, gay, oh yeah, so first kind of look at remember. We talked about first big tops on the days are the ones if it's really a bullish move that can lead to like a squeeze. You know so there you kind of, have it so yeah. I mean at this point, maybe by tomorrow next couple days: you're pretty much looking for quantum scape to go to about 36..
Okay, maybe wait 35 36, and that might that, arguably might be today and you might get that move. So just an fyi! Ah, give me one sec, guys i'll be right back. Where is that that's right all right, sorry about! I guess i'm back here more back on for that matter. I mean asrt kind of broke, so you might be looking for it to pull back and re-test support.
Um does have a lot of volume there, though so that's kind of interesting. I think, if you're watching, that in the immediate you're looking for hold around 1.30 right now for asrt um, yeah ppsi starting to come down, not looking so good, again went from blue line to blue line. So again. Remember that most of the retail market did not really understand ppsi until here right, most retail traders said.
Oh, that's a flag pattern by the break of the flag pattern, so they buy the break of the flag pattern and that's what pushes that market to the blue line and then smarter traders sell it and then retail traders get stopped out and they lose right there. Okay, auto yeah remember: we were saying that realistically 840 would have been sort of like the valuation of the company after a 250 million dollar investment. So earlier i was talking about this going to like 970, but then i looked at the news and started really doing some analysis and came to the conclusion that if i invested 250 million into this company just yesterday, then the evaluation should be about 8.40 um right. So i think the market already valued the company correctly at 8 40.
uh. When we were trading down at 660, it was slightly undervalued, bringing it back up towards eight brings it to more. You know normal valuation based on the news, so i think the move for aotl happen, pre-market slightly undervalued, going into the day, creating a need to maybe buy it back up again, um but yeah. That's kind of my opinion there on that guy um.
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