All right, good morning everyone. Well, we're getting started here and it seems so far like a little bit of a slow morning. We don't have anything that looks absolutely phenomenal. It's just past 9 00 a.m Was looking for possible news.

Uh, coming into 9 00 a.m right now. So the routine. I'll just sort of go over the watch list this morning. Pretty much the same routine as always.

looking at the top Gapper scanner and trying to see where there's already some momentum in the market and seeing if I can jump on anything. So our leading Gappers, Sogc. I see Sopa popping up just a little bit. It's got some news, but uh, you know it's a little on the cheaper side.

Well, some of these are today, a little on the cheaper side. We'll see how well it holds. I don't know. You can see it opening up a little bit there from 190.

there was some news that just got posted on it. Um, let's see Price Target and then I think there was earnings or something. Yeah, year over year growth is great. Cash on hand is increased.

you could see a seller at 36 or so 35. So something to keep an eye on. You never know. But initially this morning things are kind of slow.

Hmtv is this a buy out acquisition? Logc A little on the cheaper side, but coming up towards one dollar. It has gap fill from 101 to 148. so if you can get through one dollar then that gives us something we can work with. but it's got to get through a dollar Sreve like an acquisition bttx this one we traded a little bit last week.

popped up to a high 323 is pulled back bouncing a little off the low. not that interested in that setup wk 60 cents sopa sopa was just looking at that one. it's pulling back little. uh s-n-t-e-z-n-t-e Yeah, so you know I had a great day on Friday.

Uh, the thing for me right here is, is there something that looks good? You know? is there something that I think is obvious that's going to get really clean momentum and I'm having a hard time seeing which stock this morning is obvious. So you know there's a couple that are popping up a little bit, but I don't see one that's obvious. So the best thing I can do right now is, you know, just wait, be patient and that that's easier said than done. Because you know of course I'm here because I want trade.

I'm hoping that we'll see some opportunities today, but you know I've got to be patient. So that's what I'm doing right now. just kind of sitting tight trying to wait until something is obvious and then as soon as I feel something's obvious, I'll come out of gate swinging. But if I don't see anything obvious, I don't I don't really want to kind of like dip my toe in like a little bit here or there to these because none of them really even look like I.

You know, if something. So here's the thing. sometimes something will pop up and it's not obvious yet. but you have the intuition or sort of this inkling that it could become the obvious stock and that's through a combination of how much it's already up, how much it's moving the news, and so those are ones that I might dip my toe in a little bit.

Maybe I'm not comfortable going in full size to start, but you know, kind of start to dip my toe in. Take a couple trades, see if it you know picks up and does become obvious, and then if it does, it's great. But there's not even one today that I sort of have that feeling on. So I haven't taken any trades yet.

I am just sitting sitting tight and after a good day on Friday it's a little easier to sit tight because I feel like I you know, have a little bit of breathing room. I have a nice cushion. Sometimes traders who are less likely to sit tight are those who are red over the last couple days or last couple weeks because they're You know, every trade is the opportunity to start to recoup some of that loss. And so you start to chase a little bit so you want to try to be mindful of that.

Hey good morning Trey! Yeah, I I agree. The Sopa chart. You know it's beaten down. It's a type of stock chart on the daily that you could get some curling on.

Having said that, we we got this parabolic ipo, so it sort of feels like everything down here is backside of the move, but it really has bottomed out. You know it, It seems like it at least it really has bottomed out down here around 1.89 two dollars. So you know if you got in here. realistically, the the all-time low is a dollar eighty your your stop is not that high, not that far away.

So in terms of risk, you're risking less on that than when you buy something that's way way extended. But you may have bag holders, you may have traders that are underwater and I just don't know if it's gonna open up. I almost feel like if it was going to it sort of would have already more than it has. but um, I don't know.

we'll see. Maybe I'm just underestimating it. Maybe it ends up opening up and uh, so oh you know, don't want to discredit it completely and keep it on watch. but you do have high volume on green candles.

That's good to see. Pcom I believe that's an acquisition so a buyout at twenty five dollars a share? Yep, so the value is now. um you know it's it's fixed. Uh Dpsi yeah so this one a little risky.

Friday? Uh. was gapping up, hit a high of 1489 and then hit a low of day of five dollars 75 percent lower, uh, 65 percent more? whatever and then rallies back up here. up to 14 pre-market on very light volume drops down to nine pops, back over V to 12 is back down at nine. Could draw a descending resistance right in here.

I don't even know if you would draw a sending support in here. There's not a lot of volume on these candles. really. you know, maybe you would and if you did, it's a little below it.

The S P 500 is, I mean we're what. So what's very unfortunate for long biased traders. and what's a confirmation of you know that we're still in this Bear Market is that we got above the 200 and we couldn't hold it. We got back below it.

So now we're back below the 200. and it's gapping down this morning. The overall market down to next support is 404. And in this kind of market you just kind of keep looking all right.

Well, where's the next support? You know, where's the next Support 400 psychological at the whole dollar. And then you've got you know, down here. 383. So we're stair stepping down right now so we'll have you know, relief pops and then we'll just keep stare stepping down until we really see things.

um, some something positive come out that send stocks higher and that may be something positive that would have to come out of Ukraine? I'm not sure. Sopa moving a little bit higher. As you can see here it's up 30. So I bought 12 000 shares there 48.

let's see if it breaks over 58 and then I could add. So watching 56 57 added there so then taking a little off the table at 59 I added it actually got a bad fill. I added a little high of 63. So this ends up just being a quick little base hit with a high of 67 still holding.

right now, new order is at the high of 67. So that entry for those that are tuning in, micro pull back at 48 underneath the half dollar. So it took the micro pullback at 48 underneath a half dollar unwinding the rest of the trade here. for now 1100 bucks.

We had the break through the half dollar and break through the double top at 42.. So your high there. here's a little bit of a red flag. Your volume on this red candle is just as high as the green.

Actually a little higher than the green candle. That's not great. The new high is 267. I'll put my order at 268.

but you know that that's one trade. Almost 10 cents a share. 12 000 shares with my starter. Not bad of course.

would like a little more than 10 cents. but now we're retesting the previous breakout level. Sometimes I would buy the retest down here the dip at 42 or 45, but the initial breakout wasn't super big. So um, I don't know.

You can see how it's sort of basing there at 48.. So the caution that's giving me pause to buy this dip is the high volume red Candle right here. That's what's kind of making me think I don't know reminder for those tuning in. Uh, especially on Youtube.

In case you didn't already know, trading is risky. Most beginner traders lose money. My results are not typical and we can't make any guarantee that you will find success as a trader. So I encourage you to trade in a simulator before you put real money on the line.

So that first candle actually made a new high nicely, but is looking like possibly a false breakout. You know it's holding up a little better I suppose. Then it was initially pulled back down to 48, then curled back up to 64. then dropped there down to 50..

So we're in consolidation right here. and you know to keep perspective. Remember, especially for those that are in Trader Rehab the Trader Rehab course. We're focusing on one trade a day.

and if this was your one trade on Sopa, whether you already took it or you took the same trade as me, there One trade. That's it. Whether you know a thousand shares, ten cents, that's a hundred bucks For me. Ten thousand shares, 10 cents.

It's a thousand bucks, right? It's share size. Is your um your variable there? But just focus on getting green and getting out. Don't overstay your welcome lock and load. Come back tomorrow, you know.

Just keep it really disciplined. That is critical. Those who over trade, those who chase those who don't have discipline will never succeed long term. so you can see a little bit of green coming back in the tape.

But this for me would be a smaller trade if I took it because of that red volume. Giving me a little bit of a warning sign, you can see a buyer at 60. So now I think it's also a good time to just glance at the five-minute chart and recognize that this is fairly extended. We haven't.

We had a one-minute pullback, but not a five-minute pullback. Well, 248 right underneath. The half dollar isn't a chase relative to a half dollar whole dollar breakout, which was the setup, and I really wouldn't have been a buyer at 42 right underneath the half dollar resistance. Not on this stock.

maybe on a more expensive stock, but not on this one. So again, you see how it's a doji. It sort of tops out there at a high of 73 and then kind of pulls back 10 cents off that level. Yes, it's a green candle, but the five minute is certainly due for a five minute pullback.

So for those tuning in on Youtube, I'll be back. Live streaming at 12pm eastern. I'm going to do a platform demo for you guys, so join me at 12 P.m Eastern. I'll be streaming right here on Youtube.

We've got today's the last day of our anniversary sale, so I wanted to do a platform demo and some Q A at noontime to answer questions that folks may have and to give you kind of a walk through of uh, what Warrior Pro All Access membership looks like and so anyone that's interested you're welcome to join me. That'll be today at 12pm. So now you have a red doji on sopa. You can see that red candle where the open and closed is very similar.

Almost the same. You've got the upper wick. The lower wick kind of looks like a spinning top. It's a candle of indecision.

A candle of indecision after three green candles in a row can be indicative of a reversal, which in this case would be a pullback. Now, sometimes stocks will continue higher despite that, but it's usually a pretty good indicator that the stock is experiencing some indecision. So indecision at the high is not what we really like to see. We'd rather see clear conviction, strong buying, very little selling, and we don't have that right now.

So for me, just one trade so far today. half dollar, whole dollar breakout and thanks for those. Uh, tuning in on Youtube for the morning show for hitting the thumbs up. I really appreciate it.

We've got about 10 minutes to the opening bell right now. Nice. Nice. good job.

So this candle has four seconds left on it and appears that it's going to close Green, but just barely so. green versus red. Realistically, given the shape of the candles pretty much the same. Either way, it's still indecisive.

Sure, it's a little better to be green than red, but only marginally. All right. So we're on a five minute pullback here. Let's uh, keep watching this.

Hang on one second. Sorry about that. Okay, so eight minutes, Seven and a half minutes. The opening bell got on the leaderboard here.

with one trade on Sopa. It's our fifth leading gapper, but several of the leading gappers are actually buyouts. Hmtv is a buyout, Srev is a buyout, and Pcom is a buyout, so those ones we wouldn't trade in any case, So Logc is really the only one that's a higher gapper. well, Dpsi, uh.

this one though, has pulled back quite a bit, so no real interest in that. So sopa. I suppose it's the more obvious one, but it's not. It's only up 38, so you know it's not even up a whole lot.

Uh, I'm thinking that buying it right here going into the open, given it's extended would be, uh, a little too high, but we'll see how it pulls back and where it, uh, where it kind of finds support, volume, weight, average price is down here around 48.50 Hmm. so we've got about five minutes. the opening bell. This current five minute candle is an inside candle.

Having not made a new high or nor a new low, the low was 256 and the high here is 270. Of course, high a day is 273, so really only a couple cents off that level. Well, no. 38 is not bad.

You know we've gotten a little spoiled. We've had a lot of days where we have 80, 90, 100 gappers and that's not always going to be the case. So you're right, 38 all things considered, is still a pretty large gap. So this five minute candle is closing here.

the low is 56. let's see if it breaks 56 is if it's going to break the 9 moving average, then a pullback down to 250. So you're kind of popped up sort of two dojis in a row, right? Candles of indecision. Is that getting ready to curl over? Or is this the pullback and then it goes higher.

It feels more likely a curl over because we've seen it's a little more thickly traded. We've seen a couple bigger sellers on the level two, so I'm thinking a dip off the V app might be a safer place that would still be a bit extended on the five, but on the one minute that would be perfect because it's at the 20 and the view app. so you know that that might that might work for me. The high is 270.

Yeah, so relative volume on this right now? Uh, well. it's actually it is pretty high. Um, it's 321 right now. Yesterday's volume is only 275 000 shares.

We already have 5.5 million, but I I really think that this at best might provide a couple more base hits. I don't feel like this one is looking like home run potential. I don't feel like it's gonna squeeze up to 350 or four, so my expectations right now are a little bit lower on it. and we've only got three minutes the opening bell, so at this point I'm going to let it pull back.

We'll see if we get maybe a dip off the V web. I wouldn't buy it up here going into the open. I think there's too much of a risk of a false breakout. You know some people might buy it and hope that it squeezes right at the open, but you already have two dojis up there.

It just doesn't feel quite strong enough. So I feel like today is probably a good day to be a little bit more cautious. If you got that one trade. you know, one trade a day.

That's you. Know that's the way. So try to keep that in your head. If you haven't gotten your one trade yet, stay focused.

Look for one setup that looks really solid and you think it's really obvious where you think you'll see a high level of volume at the breakout spot? We may, you know, still early. it's only 9 27 so we may still get that, but we just have to be patient. So reminder again. Uh, 12 p.m Today I'll be live streaming on Youtube, doing a platform demo of Warrior Pro all Access, and also doing some Q A.

So join me for that. I'm doing that because today is the last day. Midnight tonight? Uh, today's the last day of our anniversary sale. So this is the anniversary.

This the month of April has been the anniversary of when I uh, opened Warrior Trading. Look at this. Look at this. can you see.

can you see what is this Telling me? The writing is on the wall. I've got a blue screen, so um, I guess that for me is, um, a good indicator that maybe I shouldn't take any more trades. My computer is restarting. Uh, that's the second time I had that happen on Friday also.

so I'm gonna have to see what's causing that. Um, but hey, it's better. it happens right now. Now the good thing is, I have Lightspeed installed on this computer here.

I have two computers side by side, so I can always just like that quick jump over here and switch to Lightspeed if I needed to to get out of a trade. But um, you know in any case. So um, that is how I'm gonna kind of wrap it up here. coming into the open.

let's see, maybe we'll have something opens up, but I gotta get my computer stabilized. All right, so I'll be back at it first thing tomorrow. Thanks for those Tuning in for the morning show Morning show will be tomorrow night at 9 a.m and I'll be back at noon time for uh, some Q A and a platform demo. Okay, so reminder.

As always, trading is risky. My result's not typical. We make no guarantee that you'll find any success as a trader, so trade cautiously. Practice as a simulator before you put real money on the line and I'll see you back here.

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