All right everyone. good morning. So it's Friday morning and we're at the end of what has been a pretty challenging week for me. I actually haven't imported yesterday's trade, so let me go and do that um quickly while we wait for some people to get tuned in on the morning show.

Thank you guys who are tuning in. Uh, I really appreciate you guys hitting the thumbs up. You're telling Youtube that this is a video worth watching. This is a broadcast worth recommending to friends.

So, uh, I appreciate you helping feed the Youtube algorithm. We're all a victim of the Algo in one way or another. whether it's trading or Youtube. All right.

So we've got to feed that Algo. All right. So let's see. let me download yesterday's trades and upload them into Trader View.

So yesterday, by the end of the day I was up around seven. Eight thousand dollars. Uh, that was on Indo. All right.

So Indo big move. Yesterday as you probably recall, did a recap of it 200 squeeze which was, you know, great to see. It was the biggest move that we'd had in two weeks and it was the most I had made on one trade in two weeks. So you know I was.

I was really pleased. Um, you know, finally some some momentum. Uh, let's see, did I already grab that? Um no. why is that not giving me that trade apply? huh? Well hold on one second, let me try this again.

Import trades, add got it? Okay, there we go. All right, So let's see. So this has been my, uh, terrible month of January. Great start for the first two weeks and then pretty brutal the last two weeks.

So uh, yesterday I had some profit. 7 300 puts me still down 2 000 on the month. The good news is, if I step back a little bit further clear that, uh, let's see. So that's 30 days of trading.

That's 60 days. That's 90 days. You know the bigger picture is, um, is good, but it's been a tough couple weeks for me. So green yesterday and green today and wanting to keep it green? I'm I'm not going to finish this week flat.

I'm going to have two red weeks in a row. which is not great, but uh, you know, at the same time that's part of trading. It's the ebb and the flow, the up and the down and so just kind of gotta roll with it as much as I can. So as I sit here this morning about 9 15.

leading Gap or Imp. All right. So Imp on this one, you know. Initially I sat down this morning, right and it was right around here and I was like this is a terrible chart.

Why? it's another one of these 4 am spikes and we keep seeing these 4 am spikes and what happens. They keep selling off and it's not to say that you couldn't trade it if you were sitting here at 4am and you know, Keyboard Warrior ready to just nail that trade and you could have. You certainly could have if you were up that early. But this is what we kind of keep seeing.

These spikes and then they pull back and we saw you know a few of them today so you can trade them. But you've got to be really careful because if you get into too high, next thing you know you're underwater. So anyways, yesterday it squeezed up, it halted up, it opened higher, it hit a high of 236 and then pulled all the way back down. Ended up finishing yesterday.

Red. It was a red candle yesterday. Pretty high volume red candle yesterday. so this one just couldn't hold up.

This is petroleum company, Indo Energy Company. It was squeezing up yesterday because Indo is squeezing pure sympathy momentum. That's what we call it. One energy stock is strong.

You'll find another one that's strong too. So that was the catalyst on Imp. It was pure sympathy. and uh, this morning, you know, pops up again at 4am.

No news, just continued sympathy. It pulls back and then it pops again here. So when it popped here, I said, you know what, I'm gonna take the trade And so my first trade of the day was a flat top breakout. Long at 224.

To anticipate the break of 225, it pops up to 235. I took my profit 378 dollars, took it off the table. Boom Done. At this point.

right now it's pulled back a little bit more, down to under two. Now it's back up to around the same level, so it's kind of a weird pattern. Um, we've got some false breakouts on it. It's not super clean.

The level two, uh, surprisingly, is a bit stacked considering it's only a 4.78 million share float. So that actually makes me want to just go and double check that. So I'm going to look at the Sec filings on this stock. There's not a lot.

It doesn't look like we even have um earnings posted yet because it's a somewhat recent ipo. There's an initial registration of new securities prospectus, so this is not as easy as just looking because on the on the it would show exactly what the shares are. This is going to require a bit more digging. So yeah, I'm not sure what the shares are.

So all right, So that's Imm I Mpp. Now let's look back at Indo for a second. Indo and I'm going to check on Scc filings on this one. So this one has a shelf registration, you know? So we know a shelf registration gives them the right to sell more shares onto the market.

They do have an active shelf that's worth being aware of, gives them the right to sell up to 50 million dollars in stock, and it wouldn't uh, shock me if we do see a secondary offering from this um company at some point in the next few days just based on the chart pattern. I mean this is with it being up this much, this is a good opportunity. potentially for it to you know, make a move. Uh, let's see.

We knew we had daily resistance at 9 25 and it hit a high yesterday of 9 21.. I was up 16 000 on it yesterday but then gave back half my profit. Was grateful to finish the day green. but it was certainly not the best day I've ever had.

So at this point on indo the fact that it dropped on this candle. Here we were in this wedge. You know we were right above V-wap We were forming a five-minute bull flag and then it just rolled over, it rolled over and it died and now it's dead. The chart is broken.

I have very low expectations for it. I'm a bit disappointed. I was hoping maybe we would get second day of good opportunities and we didn't see. So we've got that right there.

So I was long through this so I bought as it squeezed up right here. We had a micro pullback at 640. I added a 650 only got a partial fill, hit a high of seven. I then added back at 7 16..

right at 7 16 I added back. it pulled back down to 6.75 I added on the dip. it came back up to 705. My average came back down to 693.

I held it and then finally I had to cut the loss when it dropped and it was. You know that wasn't fun. I was up, I was up on it. Um, not a lot, but I was up on it.

And then I gave back uh, all my profit on that drop. So hit a low of 590.. my exit was uh I I mean I I got out as soon as it broke V Wap which was 670. but I got slippage down to 650 640.

So I did get some slippage on it. Unfortunately, You all right? Sorry. Um so anyways, Indo yeah, um Hc Wayne right? let's see. Um, Tgtx, Tgtx.

I don't see that. Where is it? Um, Hc Wainwright adjusts target to 68 from 70. keeps a buy rating. So they've reduced the target for 268.

from 70. Okay, they're trying to keep it real. Listen, stocks at 850. 70 feels a little too high.

Let's bring it down. Should we break it down to like 10? No, No, no, let's do 68. 68. this stock hasn't been at 68 since.

um, almost ever. Uh, it looks like back in like forever ago and then a series of reverse splits. But you know I I don't take price targets super seriously. We do see them.

Um, I mean obviously we see them. and we see them sometimes on uh, small cap stocks like this where you'll see a a nice juicy price target and you think all right, you know. Okay, someone someone is has high expectations for this, but but I just don't see it on the chart. you know? But I don't do fundamental analysis so presumably they did some fundamental analysis to come to that number.

Uh, but you know I I say presumably. I have no idea. Yesterday it dropped from 14 back to eight. On this news here of um, Fda imposes partial clinical hold Imp.

Yeah, let's look. so we've got about three minutes to the bell this morning. You know Indo yesterday wasn't on my watch list. It just came up and ended up giving us a surprise trade.

So I will be sitting here through 10, 30, 11. And let's see if we get a surprise opportunity today. we might. We just might might not.

But I'm gonna sit here in case we do, because otherwise I wouldn't have had that profit that I got yesterday on Indo if I hadn't been sitting here. So Indo, you know again, made back most of what I lost on Wednesday and on Tuesday. Well that day it just is what it is. So got a couple bigger red days here depending on whether you'll get gross or net.

but they're both. It doesn't really matter. So Imp, I'm not feeling super super optimistic on that one, but you never know, so we'll keep keep an eye on it just in case. we'll leave an order at 225 maybe and we'll see if we get, um, we get any good opportunities.

All right. So uh, thank you guys for tuning in to the Morning show. Uh, not. You know.

Again, we're just in a little bit of a slow patch so just trying to get through it trying to keep our head above water. I've my head's underwater I guess in the last two weeks, but on the month I'm making my way. my goal is really adjusted from the monthly goal which was initially two hundred thousand dollars to seeing if I could just finish the month green so have significantly reduced my uh target for the month. but I'm sure in a hotter market later in the year I'll have a month where I far exceed my goal and that'll tie that, you know? And I had months just in October, November, December that far exceeded my goal.

And so you know, those months have to tide me over. Um, we can see right here, you know, 500 in October 466, November 3 33 in December. So I set the goal at 200. which has kind of been what I looked at as my slower months May, August, and September.

and you know, I was at 100 halfway through the month, so it seemed like I was on on track for that. But then I market really cooled off and I didn't ease off the throttle. I kept my you know pedals to the metal and well, you know well, that's gross profit before fees and commissions. So the net uh is a huge red candle.

Well it's only 1900 bucks so it's not the end of the world imp so you could see how you could have taken that trade right there at 23. good job. for those that did, I sort of missed it, but I take profit into this move. The high is 45.

I don't know if it's going to break through 50, but yesterday's high was about right at this level, so if it can then you'd look for 57, 73 and then 88. What we've seen a lot of at the open is kind of the squeeze and then the rollover. So all right, those on Youtube. Join me next next week Monday, I'll be back at it.

Morning show around 9, 15 to 9 30 and hopefully we see some better opportunity, uh, next week than we saw this week. All right, take it slow. Remember. as always, trading is risky.

Most beginner traders lose money. My results are not typical. I share my results with you because it's important that you know the person you're learning from is qualified. but you shouldn't assume that these results are typical.

So please take it slow. Trade in a simulated before you put real money on the line and I'll see you guys on Monday morning. Warrior Pro Students, Let's keep trading. Let's see if we can find some opportunities today.

Indo popping on scanner. We'll keep it on watch. Seven dollars is the important level. You see how it's right under V app? That's a rejection of V app right there.

That's a V projection so there's no trade at that spot. Kscp.