Alrighty, what's going on guys bryce stewie with stocks to trade here we're doing a live for small cap rockets, uh members, a live small cap recap! Pardon me so they're gon na be they're going to be listening on this live they're watching it live right. Now you guys, if you're in chat, i want you to load up some questions that you have, that we can go over in the small cap recap. So those who watching on youtube will uh get to get to see some of these questions as well. We're going to be going through some charts, i thought this would be fun, we just didn't.

Actually we just did we just got off an hour-long, live uh trading, slash strategy session, just at the end of the day, um, and it was really productive. So i think there are some really really great points we can talk about in small cap recap today but, like i said um for those of you watching right now, uh pardon me, allergies are getting bad here here in texas, but for you guys watching right now, Um, let me let me hear some questions that you guys have about your trading. We can go over some charts, whatever you guys want um, but we're also going to go over some of today's top movers kind of just go over the state of the market. As the spy well, actually i don't even know where the spy closed today, so we're going to type that in before that was actually an impressive bounce today, so i got ta.

I got ta give it that much, but the spy is teetering with that 420 level and if we can, if we break under there, it's a lot. There's there's potential for a lot of downside, move um, and so we have to be safe in this market right and the charts. The small cap charts are kind of reflecting that right now we're seeing a lot of failed follow-through, a lot of uh just choppiness. So i want to make sure everyone's staying safe and i hopefully my takes on kind of where we're at in this market will help you uh help.

You know stay safe in this market. For me, i had a pretty big red day today. I lost 23 dollars. Hold on hold on, i got to be specific, three dollars and seventy cents uh.

Obviously i'm kidding i thought that was yeah. Someone in chat uh, p70, just uh, just reminded me to tell people that i mean it was to me that is staying safe in this market right as taking very small red days, and it's something i've been working on really well. That's why i'm trading the afternoons? I'm watching to see what has set up the best, what has proven to be a very annoying choppy manipulated feeling stock. What has had a very organic run and held up really well with potential for some follow through into a high a day, push those types of things and they're they're helping me stay really safe in this market yeah.

My green days are a lot smaller, but that's. Okay - and i hope everyone is kind of going through that same thing, but again we're going to go over some charts. I'm just going to show you things that i almost try to avoid for the most part right, but guys again in for those of you watching in small cap rockets. Right now load up some questions for me.

While we get talking uh and in the meantime, we're going to switch over to some charts here, nope there, we go all right. So this is a spy today daily chart, looking quite nasty right, quite nasty pull after that 4 450 break just straight down under 420. We'll see i mean it, this is that key level that 410, it really needs to hold there if it can't hold there uh, maybe i'll. I'm gon na put both i'm gon na put both of me up, i'm still here, um.

If, if that 4 10 level can't hold it's going to be tough, this is going to be. I mean that to me is kind of that sign that all right, we have a lot of downside potential coming in, but again right now, it's okay! It's very much! Mid-Range we're still close to all-time highs, we're not at all-time highs, um uh still close to all-time highs. But if this breaks i mean there's a lot of downside room for downside. So that's why i want to keep staying careful and p70 kc just said: it's 23 is not 20..

I did lie. I said it was 20. I apologize um anyway. Anyhow, let's get over to today's top percent gainer nktx uh.

This is one that, to me was a pretty pretty tough uh, tough one to trade. This is a misprint right here by the way this this this particular wick, so they gapped up on news um. I can't remember exactly what it was. Let's go down here: uh the 25th positive preliminary dose finding data so just saying preliminary positive: finding! That's your technical biotech, pump news, catalyst um, but the this again waited until the afternoon and saw this solve this solve this.

Oh that's really! That's lame saw this and then now to be fair. We held every every low is a higher low right, no doubt about that, but very very choppy chart um, very choppy chart and so the end of the day i actually did take along in here. That being said, i had very small size because i knew i needed to risk here and after we had this failed high day break just slam right back down. I said all right: well, you know what, if my theory was right.

If enough shorts were trapped in this, it should have. There should have eventually been an organic breakout into the end of the day, and there wasn't so. I stayed safe. I just cut that pretty quick and then it grinded and it did this dip after hours was real.

This was real and again it's just proving to be a very, very annoying choppy chart. Although again it's up 130 today, so you know you can't deny that if you were in from you know, even out of the open you're still up very handsomely on it um. So i'm not gon na i'm not gon na sit here and say that there's this was an impossible one to trade. There were trades on it.

It just was a harder one to trade, and i wanted to avoid that sw or swvl another interesting one. You know we have. This will be. This will be a good watch for the next few few days we had an attempted third day surge here, but it wasn't really able to do a whole lot.

Uh we'll go to just like a one minute here and get rid of extended hours, and so this would have been a really tough one to catch two. In my opinion, there was nothing in here that was very enticing and you had this rip into a halt. The only area i might have taken would have been either here for that very steep and risky trend, break or um this. You know horizontal 840 break where you did get 940, but again you're risking 50 cents.

You only really got two to one on that um. In the minimum you're risking 50 cents, the you know you're risking closer to a dollar so um that was potential. But again this is that pattern. I'm seeing a lot of are these midday pops failed, follow through just doing nothing the rest of the day sky.

H. Very similar, although this did spike more than i would have expected, but then, of course it inevitably just couldn't get any more follow through and just faded the rest of the day red box same well, not not necessarily the same story. This was just we were talking about this in our strategy session. This is this was a tough one to trade as well um and to be fair.

This probably was the cleanest chart of the small caps in terms of just what i like to look for morning, spike consolidate and then it re-broke out. The difference is you know, the main thing i didn't like here is that we just couldn't hold any gains right. We had here and this this. If it wasn't midday, i would have loved this spot right here.

This trend break, but it was midday. It's noon, i'm i wasn't. I wasn't even really looking at noon. If i'm being honest, because i don't like to look for this midday chop now in here, you have this 380 break, which was nice.

I simply would have wanted to be holding closer to the four dollar area, because now we're now we're holding under this a first high. So it's like: okay, are we getting a head and shoulders, and it almost looks to be that way before we did have that continuation um. This would have been a decent spot again. I just i wasn't 100 convinced on it.

There were a lot more slams than i would have liked. You know we had. Every time we tried to recover. Just slammed down slammed down slammed down slammed down slammed down um, so it just wasn't extremely clean.

But that being said, it still was a nice spot. Here at 380, and then maybe even through this 390 break so that that probably was the cleanest chart. I had seen um that i would have you know had i been in here now at this point once we were back in here, i didn't like it as much anymore. I was eyeing it, but inevitably just couldn't get any follow through same thing, but again, this small cap was probably one of the better ones that held up today versus you know.

A sky h, type thing where we just fade on the end of the day fade in the midday fade after midday, v-e-r-u very, very interesting chart. This will be a top watch tomorrow. If we don't gap um and even if it does gap, it'll still be a top watch, but we have a lot of resistance here in the uh 1450s right in here that it's going to need to break through. So, ideally, we could almost get i'd, love a gap over 1450 or maybe up to 15 and just consolidate use that 1450 resistance as some some support tomorrow and then have a potential trade based off of that um, but again nothing.

I tried it today. At the end of the day, uh cut it for, like, i don't even know, i think, a 15 loss or something that was part of my 23 red day um, but i tried it. I tried it right in here: cut it for like break even and then tried it again right here and once we couldn't get continuation through the 1420s. I cut it again for break even um.

Let's see so brian v in small cap is asking uh what phase trials are the most important uh or what the matter the most on biotechs and which will you avoid? Generally, oh veru, nice little perk there um, but generally speaking, phase three is going to be your most important phase, biotech news you're going to get a lot. Let me switch to here you're going to get a lot of preliminary phase or preliminary data phase. One doesn't really matter phase two matters, a little bit phase three is the important biotech news, a positive phase. Three study can actually take a small cat biotech to a mid cap or a large cap.

One. That's we're gon na get actual, follow through so those the ones you want to be paying the most attention to are phase three data and, like brian said, nktx, had phase one trial news today. That generally means nothing a very, very, very early on in the process. So i tend to stay.

I got not not to say stay away from those, but those are going to be on your sketchier ends. Those might be the ones that okay we're putting out this new, so we can dump an offering later in the day or tomorrow or whatever um, not to say i'll completely avoid them, but those are those are gon na, be the most important ones um. I need some water anyways um, hey guy in small cap. If we have any other questions, this is the time to ask them.

Uh someone did ask nktx. Disqualif is dis. Uh is nktx disqualified as a doji day one now it is closing green uh doji day. One guys for those of you that don't know what that is that are watching this that are watching small cap recap um doji day.

One is one of gratani's patterns. I think it was trading tickers, two we talked about it in and if we go and look at something like, i o i'll pull that up here, open a new tab and we'll go on a daily. Oh that was an interesting recovery here very interesting. I was actually looking at this for this break here.

This could turn into a very interesting daily chart, but generally a doji day. One is gon na look like this now. Even this is still closed, a bit high, but you're getting this type of candlestick right. I'm drawing it out here, for you guys this kind of candlestick and generally it's going to be closing at this part of the candle.

So this candle, this body of the candle, will be red um and which is more or less what happened here and then, statistically. These do fail more often than they succeed. Um, that's gon na be your doji day. One and now nktx we look at is not that at all.

You know we we do have slight wicks, but i mean this closed at highs. Um, definitely not a doji day. One um another question from brian: when a small cap acquires a company like swivel did today is that a good catalyst uh it can be, it can be. It depends.

That's we're going to want to start reading through the details of that acquisition. You know what does that entail? Why do they acquire them um, so yeah, but yeah an acquisition for a small cap company is good news. I would say, for the most part, that that does have good uh. That is a good catalyst, so um, but no those are the main movers today, nktx v e r v-e-r-u.

Definitely on watch for tomorrow. Um definitely watches for me again veru. I kind of told you what i'm looking for on it. We'll see.

Swvl still has potential sky h is kind of a turd stock. Rdbx still has potential too. I want to. I want to point that out right this.

This trend break right here or not trend break this break out here over. That 360s is going to be the very important one, in my opinion, we're closing over that uh. This is going to be one that i want to make sure also stays on watch for me, so rdbx, swbl and ktx uh. Those are all - and now i oh honestly, with the way i o just closed.

If we can get back over this 83 high, i think we have a chance to push to a dollar um, if not more, maybe a dollar twenty. So that's another good one. To keep on watch guys, but anyways, that's all i have for today. Thank you, uh for those of you guys that watched me in uh right live here in small cap rockets.

Thank you for joining. Thank you for asking those questions, make sure and p70 is making sure i remind the people watching make sure to like and subscribe drop a comment down below. If you have any questions and if you like this kind of style, where you're seeing other people's questions right alongside um, so thank you guys again um seriously for watching again, i'm i'm not i'm gon na say it's twice, make sure you like and subscribe. I love doing these small cap recaps.

Let me know down below in the comments um what what you've learned from small cap. Uh recap - and i will see you guys - hopefully either tomorrow wednesday. I can do these from home pretty easily so um. I i will see you guys, one of these one of these upcoming days stay safe in this market.

Trade disciplined, and i will see you next time. 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 100 000 subscribers by the end of the year, but we can't do it without your help. So if you enjoy what we're putting out and want to hear more, be sure to hit that subscribe, button i'll see you guys in the next video.

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