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PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
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In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #TSLA #stock , safe stocks to buy now, trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
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Top Stocks to watch are analyzed extensively. PSYCHOLOGY and ANALYSIS are also included as always.
💎 Pre-market Analysis Videos are released at 08:20AM CT from Monday to Friday.
💎 Post-market Analysis Videos are released 6PM-10PM CT every day.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 FOR DAILY UPLOADS | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Stocks in this video:
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #TSLA #stock , safe stocks to buy now, trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
Everybody welcome back to the channel in today's video we're going to talk about stock that will explode next week and why you should keep it on your watch list. I'm also going to be answering some of you guys. Questions like we always do here on this channel. Now before we begin again, do not forget to annihilate the like button on your way in, and also don't forget to click on the subscribe button.
Along with that notification, though, that way you don't miss out on these videos right. So, let's begin: let's get started right off the bat. We got the spy right now and the spy the spy was pretty kind. Today it was kind to the short sellers um.
It was kind to the shorts from thursday in the sense that it dropped all the way down and provided another opportunities for people who who decided to be bearish prior to amazon earnings, all right and um it just it just stabilized down here at these lows. It didn't go towards the 4400, like i told you all this morning that it could right. It didn't do that it had this very choppy battle from like 7 00 am all the way until 11 a.m. Before finally, making its decision to go to the upside all right now is this the true bottom, at least for this week? Is this the end of the pullback? I personally think so, and the reason why is because if you look on the five minute, if you look on a five-minute chart, you can see that there was there.
Was this uh reversal and shoulders intraday it provided a nice opportunity for day traders. Of course, all right at the end of the day, there was a sell-off. There was some profit taken, but it only went all the way down to the neckline, which is right over here right there, all right it dropped to the neckline. So there is really nothing to fear here.
I don't. I don't see anything to be afraid of. I think that next week would be a bullish week. I think we're going to open higher, but we'll have to wait until next week to find out when the futures market opens alright now the stock that is about to explode next week, that stock is none other than tesla.
All right. Tesla is a phenomenal stock for both longs and shorts. Now, in today's video we're going to talk about why you should keep it in your watch, this first of all, first of all on the daily time frame it got demolished like it always does. After these massive moves right, we got massive move number one over here, well number one over here and then it gets demolished.
Consolidates right! Then we get another massive move over here then gets demolished and now like it, went all the way down to the lows of 800 and touched this uh 200 moving average on the daily. But the pattern is this: if you look closely on the chart first, there is a morning star right over here. Somebody will call it an inverted hammer which is, which is true all right, but we got the one here. We got the inverted hammer.
We got the green here, the combination of these three morning star now, if we dive deep, if we get deep into it, we go into the four hour. Actually, no, let's go into yeah, let's, let's, let's yeah, let's go! Let's look at the four hour yeah the four hour is nice yeah. If you look at the four hour, you can clearly see that there is this bullish triangle that broke out today, all right. It's right here right there and i did connect it with this one. Just just to show y'all the little uh it was a tiny little bear trap. This was pretty much a second opportunity for people who actually showed it since yesterday, so people who showed it here yesterday after the rejection of of the stop people who got in here right and just held, puts all the way through. Like i said, the market was generous to both the loans and the shorts. We had the amazon earnings right here, which paid everything run right and then we had the overnight dump, which was the saving brace for sure sellers to pretty much um collect the same amount of profits that they made throughout this entire time right over here and not Be greedy before it immediately turns and in the way, if you look at it, if you change your perspective to somebody who just wants to like have a have a trade on amazon and you look at it and you see the structure just like i see it And you're bearish right and you get in as soon as it immediately dumps you get in right here with shorts, like you, try to you borrow shares to show or you buy puts what happens next.
Is that you immediately trapped and your day is pretty much screwed right here all right, so there is the bear trap right there very, very tiny bear trap right there um another thing. We were actually tracking this thing all day we were tracking. I was tracking tesla. All day long as you can see in a discord since 8, 46 16 minutes after the market opened right here we were watching this.
This is the long watch this. This is where we abolish all right and we're watching it because of the opportunities intraday. Let me change this thing. Actually, it's on the right temperature, it's on the right time frame.
If you look closely, there is actually like a bullish bend on here right there right. That was like the the the last warning to short sellers, especially those who got trapped down here, to get out, because this wasn't gon na be good and, as you can see, massive squeeze and as soon as we messed it. As soon as we got the massive squeeze, some of our traders were able to make some money from here all the way to here all right. It went a little higher and then they pretty much gave back all of those gains in the last.
Like 30 minutes of the of the trading section, but the one thing that i like about this slide is that it didn't get back underneath that white line it didn't get back in here it didn't get below 820, which is a good thing, and right now, after Hours there's some good news about. There was something about like their patent or so something related to some patent. It says right here: um latest patent is bigger, it's a bigger win than it seems blah blah blah. That's great again. We traded charts here so and the market is a little bit and the stock is a little bit higher. Now, what's going to happen next week, i'm going to tell you what's going to happen, so this four hour is beautiful. It is nice. It's going to open up at exactly 9 50 right here right, like 9, 45, 9, 9, 45 to 9 50., and then it's going to spring all the way up to a thousand.
I think that's going to happen all in one day. That's going to happen on monday, just one giant green candle that starts over here and like does this at first and then another one that does this next and then we continue on until like tuesday, where it takes all the way up to like 10, 50. right 1100 is pushing it, you can't do it, it can't do it, but 1050 is where i see this thing going, at least in the short term 1100. That may be like down the line, maybe by like the end of the week or by next week monday.
But that's definitely why you should keep tesla on your watch list for next week. Okay, now now, let's talk about you guys, stocks, adventures, first and foremost, let's do an update on the stocks of this morning for those of y'all who watched this morning's pre-market analysis video. I told y'all to short ford right. I told you to short for it because of the bearish um.
This is a. This is a bearish rectangle yeah of the bearish rectangle on the chart. It broke down post earnings right, so it played out to perfection and the opportunity for you was right here. I told people in the discord to get out as soon as i saw this thing curl back around like right here.
This is where you exit right around there. Let me show you okay yeah, so this is the four chart right there and then f might be done dropping here. If you got puts on it, take some money off exits as you can see. So, congratulations to anybody who was able to make some money on this trade.
It was pretty simple, provided like some nice games over here, all right. So that's what i have now as regards to what's going to happen next next week. I think that again, since i am bullish on the market - and i i think that this one might follow the market as well just slightly okay, we might see this thing push all the way up towards 19 and then try to go up again and then, if That gets rejected, then we can aim for the lows we can aim for the lows of sixteen dollars right or or or fifteen dollars, even, but i think that is going to retest that i think okay, i could be wrong and it could just go straight down And benefit y'all, who may have runners on this thing for next week it could alright, but honestly, i think that it's just going to retest before falling down. Further later, that's my very honest opinion on this stock, one more one, more.
Okay, i'm going to answer somebody's question. Somebody asked about sophie. This is a cheap one for those of y'all who, like these cheap ones. This is sophie okay. The first time i mention it in in here in this channel was right. Here some of y'all were able to make some money on this pop. Congratulations to you right, but right now looks like there might be some money making opportunities to the upside um. If you tilt your head a little bit more to the right, you can see that there is a left shoulder ahead and a right shoulder and if it stays clean they could run all the way up to like 14.50.
So that's my very honest opinion on this stock right. Oh, my god, okay, there you go there, we go that's my thoughts on the stock, and that is the end of the video again. Do not forget to annihilate the like button for the youtube login as always helps the channel a lot and allows more people to get this knowledge as well. Also, if you are new to the channel - and you haven't done so already - definitely - click on subscribe and click on the notification bell, along with all notifications.
That way, you don't miss out on these post market analysis, videos which are released every single day in the afternoon and a pre-market analysis, videos which are released from monday to friday at exactly 8 20 a.m. Central time um, if you'd like to be part of a private discord community, you can find that as the first link in the description of the video below, if you're not following us on social media, you can find me at holland, guma in a pedanology lab on Instagram and on twitter, and lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, i left some very basic, step-by-step directions in the description of the video below step, one to step three, it only takes about 15 Minutes or less, but you do sign up with all the tools you need start trading immediately. You can also get two free stocks, valued up to one thousand, eight hundred and fifty dollars. Rather than enough, we will using the third link in the description of the video below.
Once again. Ladies and gentlemen, my name is paul guma, with perenniality lab, where we trade patterns and patterns only, and i will see all of you in tomorrow's video - you.
Money is an issue that everyone has for a better and luxurious life, Life was hard for me until I started trading cryptocurrency and now am earning $30,000 per week
<When it comes to the world of investing,most people don't know where to start .fortunately,great investors of the present and the past can provide for us with good guidance on how to invest🙏🙏
Thank you for your hard work mr. Paul
Any thoughts on mRNA? I really got trapped.
Glad I grabbed a few shares on the dip🤑
< I totally agree with what you are saying. I started in crypto in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from Elijah Huang I have learned from you and other Youtubrs especially my mentor Elijah Huang who taught me how to make trade and increase my crypto from 11 to 27btc that no one really knows what is going to happen in the market and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research,..
Time to short oil?
Pauly the goat
Hi Paul first again
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