What's up, everybody welcome to small cap recap again: it's a wednesday. We did this last wednesday we're doing like a midday, uh small cap recap, so i actually haven't taken any trades today, although yesterday was actually probably one of my best days in a long time which is which was nice, it was just kind of my style of Market, it wasn't anything crazy. The market was down, but i just waited until the afternoon for my favorite setups, that's exactly what i'm gon na do today: uh the market's red once again red, oh man, yeah. I read one and one point three percent today, so just sitting in my hands waiting if nothing sets up by the end of the day, so be it, but i do see some some stocks.

I like for the afternoon we're going to talk about those quick here. Uh again, there's only two: i really. I really see that i'm a fan of so we're just going to dig right on into it. Uh, let's well, let's again start off with the spy we have basically kind of just got crushed.

Yesterday, um i mean from a high of 457 down to you, know 449 and now we're back down to now down to 445. So we'll see what comes out of that, the only two stocks i'm watching for the afternoon today are an egg for essentially this multi-day breakout that we've got here uh. I think the 750 level's gon na be pretty big. The 750 760, which it did just touch today, see if we can consolidate into the afternoon for potential push up to.

You know eight fifties to maybe even nine to ten if we can break out through that, but we did get this perk right here. We were talking about this in small cap rock it's a little bit today, uh. I just want this perk and this has been working really well, this 11am perk and then consolidate through the afternoon and then essentially like an abcd. You know wait for it to set up in the afternoon and break through that consolidation it'll.

Let us know if it's going to remain strong or if it's just kind of a fake morning pop that does nothing but a lot of times. These midday pops will attract a lot of short sellers because again, there's no no news out today. Um but again it has that multi-day structure, which i really like uh same you're gon na see the same exact thing on ggr i mean look at those charts, they're very, very similar intraday, where now i'm just looking for that same thing, that 11am perk uh did Just re re-break high day here, i'm waiting for it to come back down to view op and just consolidate, i'm going to give it some time, but this is a nice day too potential. In my opinion, let's go to like a three minute chart, so we had this really crazy run up yesterday.

It um you know from it was i mean still up, let me get just to a daily chart, so it was an ipo. So we had a really nice. You know a lot of range good volume traded a little bit higher float, but that hasn't been seeming to matter too much on these ipos or the spax for that matter. So i'm going to see if we can just get this consolidation near view up.

You know near yesterday's. It was just struggling in this. You know 14 to 15 dollar range. So if we can just consolidate near that 14 to 15 range, gon na be a great watch for an afternoon potential breakout through you know the 17 18 dollar level, which would be a fantastic move.

I'm hoping for you know, maybe 50 cent risk on this, where we can risk about 15 cents, a share or 50 cents a share on your view, op and then get a fantastic trade, maybe scale into that trade if uh, if it allows it, but these are Really the only two stocks i'm watching now again the market has been read the last two days, so i've been wanting to sit on my hands, haven't really liked any of the morning action uh been seeming like a lot of pop and drop style. You know gap and crap, whatever you want to call it um. So i'm just going to keep these two on watch for the afternoon and that's it's been working well for me, especially in this market. I mean even last week right on wednesday.

We were talking about that frg e trade and to be fair, you know i did technically trade it before that pop, but then that 11 am pop in consolidation. Is what led to that massive run? So i'm hoping ggr can do something very similar where maybe we can test you know, i mean there's really no resistance. After this, this 1759 high could be a really fun runner if uh, if it can set up throughout the afternoon and if it doesn't - and it just goes without me without it, setting up without it. Consolidating so be it i'm okay with missing that move, but i'm gon na just keep my fingers crossed that it can consolidate for the afternoon same thing with neg.

I think there's going to be. This is probably going to be a stronger if this is going to break out through the 850 level. I think this is going to be a stronger, multi-day move. However, i don't really plan on swinging it just because we are at like all-time lows, even though we've perked up, i don't want to swing this, even though, like i said, i think this will be a pretty strong multi-day mover if we can get a bounce on The spy, though you know, maybe up into the over through high day, i think we'll have a lot of momentum this afternoon, which would be great for both of these two stocks.

So just gon na keep fingers crossed, keep an eye on them. Uh keep looking through the top percent gainer list as we get into the afternoon. We had a pretty nice move here. If i'm right on adn yeah, just all day, we've just been grinding up um, not something i love by any means, but it is strong.

So that's another one to keep an eye on. It's just not really seems a little bit more. On the trappy side, let me bring up sbfm. That was a movie that was a top percent gainer.

Yesterday, yeah i mean this. This is just, and so i still like this, you know the fact that it's consolidating i just don't like that it does these nice perks than just instant slam downs. So it's probably in a void for me, although it looks pretty nice right now, ideally wait for a third day surge on that. That's how i'm gon na take it.

I doubt i'll trade this today, but again, another one to keep an eye on a lot of good watches or a couple good watches. I should say, but uh, it's really nice to be able to stay focused not feel like. I need to be looking all over the place. I i know what i like, and i'm gon na wait for those setups and again very dependent on how the spy acts in terms of potential follow through.

So keep that all in mind we'll see how you know by the time this episode is out, we'll see how these moves worked and um yeah. Let me know down in the comments below if what you were watching this afternoon or what you nailed today, what the kind of patterns you're seeing are in the market are and yeah. Hopefully, you guys are all staying safe with the spy falling down kind of a cliff the past few days. So that's all i've got for.

Today. I've got to go ahead to my workout. I've got 15 minutes for i'm supposed to be there, so i'm already gon na be a little bit late, but thank you guys for joining again like that video hit the subscribe button and comment down below. I will see you guys back here for two talk show on friday and hopefully i think i've got a fun guest, hopefully getting lined up here, fingers crossed.

He can make it to this one, so uh, anyways, yeah catch you guys friday have a great happy hump day, happy wednesday and trade safe. We hope you guys enjoyed that last video thanks so much for watching and being a part of the stocks trade community. We wouldn't be here without you guys, be sure to hit that like button and subscribe to the channel if you haven't already. Our goal is to get 100 000 subscribers by the end of the year, but we can't do it without your help.

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