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Chapters:
0:00 Intro and Topics
0:45 SP500 and NDX
3:05 GS Stock
6:05 LULU Stock
6:30 BYND Stock Update
8:11 TGT stock update
8:55 JD Stock update
9:30 WMT Stock update
10:30 GME Stock update
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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Welcome back to the channel in today's video. I'm going to be sharing sharing with y'all. A stock. It is about to go insane tomorrow.

And why should keep it in your watch list. I'm also going to address the market today was a pretty good day right. I'm going to explain to you exactly where i see this market going within the next few days. I'm also going to be doing some updates as well on some of the stocks i've mentioned in the past right now before we begin do not forget to annihilate like button on your way in and also don't forget to click on that subscribe button.

If you are new to the channel alright. So let's get started right off the bat all right so with the spy. Right over here all right. I told y'all.

This morning for this video who watched one video that we were going to run all the way up to 393 dollars and today it went only up to 391 dollars. Um. Is my point of view on the spy changing right now um are we going to roll over. I think i think that they still got more room to run again.

I still think that we're going to hit that 393 dollars tomorrow. It's not quite done yet. It's really not and the structure on the four hour is looking better i would say it's looking better as you can see right here right this um. Very weird and hard to see bullish pennant on here right it broke out and broke out again on the smaller time frame.

And i think it got it got more room to run. I don't think this is over yet. I don't think this is a good place to go in short or be extremely bearish. I think that the next few days are going to be very interesting and there is some gaps also on the on the spy itself like that the etf spy.

You look on here right. I showed you this this morning. There's a gap right at right in between here. That's what these two white lines represent right so i think i think that it's not just going to hit 393.

But maybe on monday. I might pull something really epic over the weekend and jump up even higher and then up there when it fails that gap may get exhausted. But as of right now my drawings are still in the chart um. I'm still bullish on the market since this morning right.

I think we're still going to go much higher than it is right now we're gonna see how it looks like in the morning. Okay anything can happen anything can change the price of the futures could stay flat or we can see a massive gap down and then things may look a little bit different. But as of right now um. My points of view are staying is staying the same now.

The stock that is about to go insane tomorrow that stock is gs goldman sachs. All right. And the reason. Why i want to share goodness sex with y'all is for one two.

I think. Three reasons. Maybe four. I think all right so the first reason is because number one it got demolished for quite some time right number one and number two for those of you who have been subscribed to the channel.

I share this one to y'all. Uh with y'all for this short. Right. Here.
This waterfall drop. I shared it right up here at 3 14. If you remember it right and i drew this thing right there this uh descending this this this falling channel right or this descending channel. Whatever you want to call it right there.

I drew this thing on here and then it dropped all the way down tested. It went sideways and then bounced up right so right now i think that tomorrow. We're going to go way up there and we're going to zoom into the chart and we're going to go into the 15 minute right and if you look at the 15 minutes. And if you look at this section.

You can see an ascending triangle on the chart right there right here all right that broke out in the afternoon. Right over here. But before that even happen. If you zoom in even closer.

If you go into the one minute. You can see that there was another bullish pennant in that ascending triangle that also broke out in the afternoon. Right over here as you can see right there right so the structures are looking quite clean um it's all looking very bullish to the long side therefore. I think that we're going to go way up to this level right here.

Um 310. Maybe. A little bit higher and we test the the long term or yeah. I would say the long term line of resistance right up here above three.

I think that's going to happen it may happen tomorrow or it may happen by monday. It really it really depends on how fast the move is but it's curling right if you look on the four hour chart. There is a lot of buyers holding the stock up they're not trying to let this one go long wicks at the bottom right so i definitely think that it can move big tomorrow. So watch this one for in insane move um.

Tomorrow. Now there's another stock. I know i said this box about to go insane. But there is another one and this one is looking decent.

We're gonna look at lulu all right now. The reason. Why i want to share lulu with y'all. In this video.

Is because. There is a bow flag on here right there. It's right over here. And it broke out this morning well before noon.

I would say it broke out before noon. Right at 280 bucks right watch this one for a long. All the way up to also 310 all right same price. I think gold yeah.

Yeah also 300 just like goldman sachs. So wash. These two stocks for a potential run um. The the structure is looking very clean it looks like p diddy now which i've shared with you all in the past right similar structure.

So yeah watch those now let's do some updates. Um. The first one that i'm going to be updating is bynd and congrats to anybody who took the y india. I made like two videos about this thing.

The night before and also this morning. I told y'all to watch it for a potential long in the circle. And it's going there i think it's going to get there um. I don't know how fast it's going to get there.
I don't this was a pretty fast move good now. I think what will it do will it produce a similar move tomorrow friday just to cap it off maybe right could it be slow and go to only 33 and then when there's the gap fill of the spy to 400. It could jump to maybe 35 or even 40 dollars right it could happen it could happen right. But this structure right here very clean and if you're holding this one this one is still a hole for me all right.

I'm not changing my thoughts and opinions. My drawings are still on there and i think i think 40 dollars is a real possibility for beyond meats. All right now um. The other stuff that i talked about in this morning was target and target target did pretty well um target is moving.

According to the drawing on the chart right. This was the drawing that i put out for y'all. This morning. So friday.

It could go all the way up to actually 151 test it right and then if there's no if there is no gap up at all if there's some bearishness with the spy for some reason over the weekend um. It could like pull back a little bit right. But if there isn't and this one follows. The market then they could just break right through and jump up to like 157 on monday right.

But for this week for friday this is what i'm seeing again i haven't touched. But the drones on here so congrats to anybody who made some money on that too um. The next one this one was kind of disappointing. The last stock that i talked about in this well not the last like i talked about four stocks jd was one stock that i've talked about this morning.

Wanted to watch it for a quarter long um. It had a little bit of a spike in the morning and then it just stayed flat right eventually maybe next week. We will see that 1868 maybe maybe um. But for now.

It's just it's just sitting there right now um. The last stack that i talked about this morning was walmart. Yeah and walmart is yeah. This is what i was worried about as you can see i told y'all.

Again i'm gonna pin the video over here at the top corner right that way i can watch it um. I don't know how long it's going to keep cooking in that red box. I have no clue right the sellers have me worried because it's just not the volume. The way the candles are shaped.

The bullish benefit is there yes. But i consider everything else before i make a move or before i even make these videos right and before i tell you anything about my thoughts and opinions. When is it going to get here it could get there by that time actually within two weeks. It's not as rapid because the it's just the volume is just too light.

But long term investors love this and i think it's still bullish and i think that it can still climb um. If you have the patience for it it may pay off in the future for walmart all right so that's the recap on all of them and one more one more we're going to talk about one more we're going to talk about gme now with gme which i mean i i told you all multiple times that it was going to go towards the neckline and then maybe even break it well it went towards the neckline from the highs of like 120. I think i started making the video on this above 125 right and then yesterday they formed this structure right here for a day trade to the downside um. Some people made money on it again at this level to be greedy or to not be greedy.
It's a very difficult choice to make as a trader right that's why i always say when something is moving in your favor consider taking money off the table as it moves in your favor and then they announced a i think it was a photo. But split after hours and the stock kind of spiked and got choppy today all right. Where is it gonna go next. I don't know all right am.

I trading this no i'm definitely not um is it going to break the neckline in the future maybe. But this is one this is one variation that can be quite ruthless for short sellers. If you if you hold through the neckline in anticipation of the breakdown of the neckline all right because i've seen this before um multiple stocks have done this where they show the head and shoulders right. And then they just stop right there or they even go a little bit lower below just to trap shorts.

It's very nasty it's very unfortunate. But it happens all right so that's that's the recap on all of these stocks. And that is the end of the video again do not forget to annihilate the like button for you to bugger them as always helps the channel a lot it 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 future uploads. If you'd like to be part of a private discord community. You can find it as the first link in the description of the video below.

If you haven't added me on social media. Yet you can find me at paul and lua at the knowledge lab on instagram and on twitter and lastly. If all of this is new to you if you're interested in getting started in the stock market. There are some basic step by step directions in the description of the video below step one to step three now it takes about 10 to 15 minutes for you to sign up with all the tools you need start trading immediately.

You can also get some free stuff signing up with weeble using the third link in the description of the video. Below mostly ladies and gentlemen. My name is paul guma with an analogy lab. Where we trade patterns patterns.

Only and i will see all of you in the next video you.

By Stock Chat

where the coffee is hot and so is the chat

15 thoughts on “This is about to go insane!”
  1. Avataaar/Circle Created with python_avatars Sarah chase says:

    Thank you for your wonderful videos. I always watch your videos, and I shared your video links with four friends of mine, I love how open minded you are about investing, I read an article of investors that made upto $500,000 within 2months from stocks, so please I'd really love more tips and clues on how to outperform the market and make such profit using stocks.

  2. Avataaar/Circle Created with python_avatars the max says:

    Paul, thanks for your fantastic reviews. Could you review Polestar PSNY ? Will it run up or go down, it looks indecisive … Thx.

  3. Avataaar/Circle Created with python_avatars TheMAC0876 says:

    Thanks Shaul aka Paul! Nice work as always!

  4. Avataaar/Circle Created with python_avatars J S says:

    Congratulations. Will be at 100k very very soon.

  5. Avataaar/Circle Created with python_avatars dowel says:

    Despite the economic crisis this is the right time to start up ETFS investment

  6. Avataaar/Circle Created with python_avatars Elyssia Kanneganti says:

    I totally agree with what you are saying …. <The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion and think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 16.6 BTC in just three weeks, with the trading strategy given to me by expert trader Jiasheng ZaC..

  7. Avataaar/Circle Created with python_avatars Renaud Belanger says:

    Upstart went down 20% after hours because of bad earnings guidance. Pretty sure this will affect GS.

  8. Avataaar/Circle Created with python_avatars dirkjan offenberg says:

    first got into BTC back in 2016 and have been hodling/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy these dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 1.5` btc from day trading with Marcus Benedict Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second language bufferingstayhome You can reach Marcus on ͲeIєɠɾαm👉👉 @marcusBfx_official .

  9. Avataaar/Circle Created with python_avatars Jehoshaphat Abdu Bennett Jr says:

    you are the man bro

  10. Avataaar/Circle Created with python_avatars Michael.Realkey says:

    TDOC

  11. Avataaar/Circle Created with python_avatars Bmore Investor says:

    Paulll

  12. Avataaar/Circle Created with python_avatars Sara Meltem says:

    I'm new to trading. How can I make more profitable investment in crypto without incurring much losses?

  13. Avataaar/Circle Created with python_avatars Bully_Rides_PA says:

    thank you for the vid

  14. Avataaar/Circle Created with python_avatars Kevin Phan says:

    AMC Let's Go!

  15. Avataaar/Circle Created with python_avatars Mary says:

    Despite the economic downturn, I'm so happy. I have been earning $ 60,000 returns from my $7,000 investment every 14days..

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