Welcome back to the channel in today's video. We're going to talk about about a stock that may explode tomorrow. And why y'all should keep it on watch list. I'm also going to be doing an update on some stocks that i've mentioned in the past right.

And answering some of you guys questions for those of y'all. Who dropped the stocks of interest in the comment section of our last video now before i begin do not forget to annihilate the like button please buy with them all right and also don't forget to subscribe if you are new to the channel. So let's get right into it right off the bat all right so um. We got the nasdaq going to use the nasdaq.

Because it is a an easier chart during these conditions to make these videos on all right now for those of y'all. Who watched the last video which i'm gonna put it i'm gonna pin it up here that way you can watch it if you missed it we talked about the ppi no data all right. Which was supposed to be reported today this morning and i was i was very very wrong about what could happen. But i was wrong about the number.

I told y'all to watch for a for for them to announce something. Like. 07 you know maybe. 06.

Something a little higher than the forecast that way the market could gap up and then buyers could step in but i was wrong about that it was actually kind of it's pretty bad when this number is lower than that number yes. It is it's not supposed to be a good thing all right now. But i was right about the aftermath right here right it didn't start high. It started really really low retested that previous level of support at around 11 and five hundred and then right there buyer stepped in and pushed stock.

And it pretty much moved along this drawing right there. I didn't touch anything. It's still on the chart alright. So so far so far so good so far so good.

Where is the market going to go tomorrow. I think that we climb higher. I'm not bearish at all not not for the first year not for the next few days at least. I think that we climb.

I think that we go all the way up to 12 000. Um dollars tomorrow maybe all right maybe if not tomorrow then maybe by monday. I think i'm not bearish right now especially after when you when you just look at these wicks. Right here a lot of buyers right so.

Just i wouldn't be surprised to see a continuation of words all right so that's that's my thoughts on the overall market and an update on the ppi data. Which was this morning. Now let's talk about the stock that is looking like it wants to explode tomorrow. That stock is it's a very cheap one too like it's a very cheap stock um.

It's d w. A. C. All right.

Now d w. Ac. First and foremost. It's been demolished for quite some time right um.

The first thing that i've noticed well the second thing. The first thing is obviously. It's down from 100 all the way down to 22. It dropped by 80 percent from the previous high if you want to count this heist.

Much more like 95 right. But if you look at the bottom. Like the bottom. Here.

The volume. The volume profile. Um. One thing that i like to pay attention to is when people are getting interested in a specific stock right so when you zoom in right here.

We can see that during these times. A lot of excitement. You see the volume was getting above the 10 million 6. Million.

15 million right. It was getting up on these highs. Now. If you look at what happened throughout this entire region this entire box.

The volume has been sort of kind of low right between 2 million and 5 million. Sometimes it has these theories where it goes it tries to get to 10 million. But it drops right and then it goes right back down to 1 million. But if you can see right here in this region.

Um. If you zoom in closely. This is the second thing that i noticed the second thing is if you look on here there is a very clean very very clean bullish pen it on the one hour chart all right it's getting started for a major move therefore. It is good enough for me to share this in this video.

Where is this thing gonna go i think it's gonna fly all the way up to 36 dollars. When is it going to get there if everything works well right. And maybe they announced magical unicorn use about some um. They're stuck and go all the way up to 36 dollars right here in that circle all right and quite quickly too and that's also the previously that's where there's some there are some dead buyers here who may want to get rid of their uh of their shares.

You know there's usually there is some i would say back holders and the buyers yes they did buy here they hope for a bounce. But the bounce never shows up they get demolished right and now they become back holders. They don't want to sell down here and take a major loss so they have to wait and they have to wait and they have to wait until the stock gets up to that level and then when it gets to that level a lot of them will use that opportunity right to unload those shares and pretty much break even on their investment like a lot of psychological. Psychologically.

It makes sense it will create a new type of resistance out here and then the stock will pull back right that's usually what tends to happen in these specific situations. So definitely. Watch definitely watch dwac for that potential move all right so that is the stock that is about to that may explode tomorrow. Maybe into monday.

Now let's do an update on for those of you who watch yesterday's video in that video. I didn't just talk about the ppi data. I also gave you a specific sector to pay attention to i was very specific in that video. I told you all to watch the semi conductors specifically tsm because tsm had earnings today and i told y'all.

In detail that hey if the earnings are good. Which i think there will be right looking at the previous trends of how they've been doing they've been beating earnest consistently throughout the past like four quarters right especially. The eps uh. I showed you that on the nasdaq website.

It's somewhere over here yeah. It is here yes. We're gonna wait for that to load. And it is loaded all right the numbers are not on here yet they didn't update their website that's fine.

But i showed you all this data right here right about the consistent trend with the eps that is reported and how they beat the. Estimates and then for the second quarter apparently they changed it to 15. Right and then if you see the uh. The results for csm you can clearly it's right there they actually beat their eps by 367.

All right and they also beat themselves right here the revenue um. So this the stock did pretty well and the reaction. Which is what we care about was positive so it was positive it jumped all the way up to 83 dollars had a flash crash because the ppi data and all that the reaction to it was kind of negative and had to retest that uh 11 500 level of the nasdaq and then everything recovered and then during the day it formed a very i don't want to say it's a clean structure. It's sort of kind of clean.

It looks kind of clean at first and then eventually it just started running right so it was very very tricky right here. But eventually he made his decision and obviously the rally with a spy gonna help the situation so watch this one for a continuation to the price that i told you all yesterday. Which was i did say 85 dollars. But i think it's going to go to 87.

I think all right i think it's gonna keep going let's look at the daily. The daily is a very strong hammer with volume. I like it yeah i like it therefore watch watch for another move like that okay so something that looks like this that's that's what i expect for tomorrow. So congrats to anybody who was able to take advantage of the situation right and make some money on it now um let's talk about one stock somebody put down in the comments section.

What are my thoughts on pinterest pins. All right now with pinterest. I believe they have they announce they put out magical unicorn news. Yeah i see something over here about investor.

Increasing their stake in the company. Okay um. Usually when this happens. When when this type of move happens like it may just um stay flat at 21.

All the way through and then there will be a small fade. Because people are going to take their money off the table. Just ask yourself if you had yolo calls right here or or or if you bought shares and then this news instantly dropped and the stock goes up by like 20 wouldn't you want to take some money off the table. And the answer should be yeah probably right.

And if a lot of people are thinking that that way then expect an all day fader where it goes it starts out at 21 maybe it spikes to 22 dollars briefly and then just fades all day to 20 bucks alright. So that's my very honest opinion on all of these stocks. And that is the end of the video again do not forget to annihilate like button for the youtube. Algorithm as always helps the channel a lot and allows more people to get this knowledge.

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