Welcome back to the channel in today's video. We're going to be talking talking about a stock that i think will go insane tomorrow. And why i bought and why y'all should keep it in your washes. I'm going to be doing.

Some updates on some of the stuff that i've mentioned in the past and we're going to discuss amazon because amazon is reporting earnings tomorrow all right so um before i begin do not forget to annihilate the like button on your way in and also don't forget to click on that subscribe button. If you are new to the channel. So let's get right into it right off the bat all right so we got the spy. Right now and in the last video.

I gave y'all. A um. One for one bullish perspective on the spy and one bearish perspective on the nasdaq. And it turns out that um right after that rejection of 3 900.

The next day it immediately broke out and the bull flag was there and it was confirmed. We're gonna look at the four hour time frame right so the the breakout happened right over here. I think this was tuesday and the market has been running not quite as aggressively it's taking a sweet time like i ran a bit went sideways. And then after the event that happened.

I think. It was there was an fomc meeting. Today that happened at one o'clock. Um.

The market volatility kicked in again. And now we're moving back. Higher now regarding the nasdaq that bearish perspective got crushed right after like right after that day. I'm going to erase all of these all right so initially the bearish perspective was standing until this thing happened right over.

Here. This is when the whole thesis is done. This is no longer clean at least at least. What i was looking to see was something that just looked like this where we drop here we go here and then eventually we fall.

But this right there right um on the 19th was the end of that thesis all right and right now we're looking bullish. The market is going higher. And i don't think we're done. Yet um yesterday.

I believe two stocks at earnings. Microsoft and google had earnings and it pushed the market even higher all right so that break and retest on this double bottom bull flag was quite clean as you can see there was the run the breakout. Right here followed by the retest and now now we can continue on higher um. Today it hit the target of 12 600.

Which i. Which is what we were looking for this morning. Right over here right there right here all right we were looking for that target of twelve thousand and six hundred right before the market open and everything turned out turned out well. Now.

Where are we going to go next. I think. 12 13. 000.

Is the next target for this one. I'm not bearish on the market right now not with the way. This is behaving um. It's the ballistan is behaving on both the spy and the nasdaq.

So watch it for a move up to that circle maybe by monday monday morning or by friday after amazon. Reports earnings. Whichever is first all right now. The stock that y'all should be keeping in your watch.

List for um. Tomorrow. That stock is amd. All right.

And the reason. Why i want to share amd with y'all is because it's because of this. If you go on the one. And we zoom in right over here right if we're zooming right there we can see that there is a bullish pennant that actually broke out right at the open right here as soon as it broke out it broke out in the morning and i got this one at 88 right over here right there in this candle.

This is where i caught it and now it's going sideways. And it's at 90 dollars. I don't think this is quite done yet if this is as clean as it looks and it behaves really well we should see this one going all the way up to 95 dollars at least and the same bullish dens. I i have the same bullish stance with the video as well.

I don't think these two stocks are done also they put out some news about the senate passing a semi conductor bill for 52 billion right so there's a lot of there's a lot of positive news and positive catalyst with this one. But this structure is what i'm interested in right. It's clean therefore definitely watch this one for a long to ninety five dollars by friday bye bye thursday if it gets there if it gets there on thursday. Then there may be some turbulence with the overall markets.

All right now now let's talk about let's talk about amazon and speaking of turbulence amazon amazon looks good all right again. We have this double bottom bowl flag on the chart right over here right here. And if you are new and have no clue what a double bottom bull flag looks like if you go on google. And you type the bottom bow flag the structure is right here.

This is what it looks like we got the double bottom. And it runs. It's very very simple and this is what amazon is showing right now. But with a little bit of a twist right with this retest right here all right now tomorrow.

I think again. I think the market is to run. Where is this thing going to go if it hits. If it goes all the way up to like 128 dollars.

Maybe 129 dollars by the end of the day tomorrow. I think i think the market make. I think the reaction to earnings might be an option killer where where the stock goes nowhere all right. But if it drags his feet.

And it's really really slow and it only goes up to like 122 or 123 dollars. Then the reaction might actually be positive and the market makers just might push the stock way up there to 130 just to finish out this entire play so that's that's my thoughts on it. But looking at the uh looking at how they've been doing in the past earnings. I mean.

It's it's not it's not all green. It's not like it's not like microsoft or apple. Where everything is all green in here. They've been they've been missing a little bit on the revenue right and they'll be here also on the aps.

So we will see exactly how what the reports and how the market takes. It um google and microsoft's i believe one of them missed. But the reaction was still positive on both of them actually let's check out microsoft. Yeah.

So. The reaction was really positive. And then more buyers stepped in today right it actually formed a bold flag intraday as you can see right over here and right here right there right and then there was the breakout in the afternoon after like 40 minutes after that meeting happened so so far so far it's looking bullish and if you go on to the pre zoom out completely. I think.

It has a lot more room to run. I think it does like the next level to take out are these individuals at 277. You know i'm not bearish on microsoft's at all i think you can get there. When is it going to get there.

I think it wouldn't be crazy to to say that it can get there tomorrow. I think it can do it so microsoft to 277 tomorrow by the close all right so that's that's my honest thoughts on these stocks now some updates on qualcomm right this one. I told you all last week to watch it for a move all the way up to 150. And it went all the way up to 155 and today it had earnings and um.

They're starting to pull back now. Where is this thing going to go next. I think like after a move like that the stock is just going to chill out it's going to chill out maybe do some something like this and then eventually it's going to make up its mind. Whether it wants to continue higher right or whether it really wants to fall and retest 135.

Again which i don't know we'll see we'll see if that we'll see if that happens. If it forms a structure to to make that make sense. But for now. I like the move is done people are gonna take their money off the table like completely.

They've been taking their money off the table. And i just think that it's going to chill to the like to go sideways. Now the other stocks that we're going to do an update on i shared walmart with y'all. Over here.

I believe. It was like only six. And again. Y'all.

See how it behave right like after it broke out. I released that video. I warned y'all. About the chopfest that may happen afterwards right so it was just chilling.

There for so so so long and then it started running it started running it didn't get to 133 by the 15. It's like a sweet time and then right after and then right when they got there they put out bearish. Very very bearish news like this right. Here is very hard to predict like very difficult to predict this it's it's reasonable like this i told you it would happen and it did but this right here like it's it's very tough like you have to be there.

There has to be some type of luck involved if you had if you were a person to buy puts like either on the heat right here. And you held or you bought it right on time before the drop all right. But right now it's trying to recover again. I think i think we need a new structure on walmart before um before i know exactly where it's gonna go next all right.

But for now it's just going to chill maybe. But it's gonna go to like 1 30. Drop some more all the way into earnings and then earnings just go into the site. It's fake all right so that is my very honest thoughts and opinion on that one one last stock that i want to share with y'all.

Which is it's looking interesting. But the contracts are not so appealing all right. It's sega s. I g a now this one is going parabolic.

It's running. Which is actually pretty good like i want this one to run. I want it to go really really really high like real high um. How high can it go i don't know like it's it doesn't have much let's go on here to monthly.

Um. It has it has a lot of history. Yes. It has a lot of history is this thing.

The top is 18. The top of sega somebody could argue that it is because of this right somebody could argue that it is or maybe that 20 is the top. But what if we break it right how high can we really really go and that that i don't know and i'm just patiently waiting for for the opportunity to show up and when it does when it does the trade will be really really good on it. But um.

I just want to put this one on your radar be very patient right um. If it goes really really high in a very unpredictable fashion. That's actually pretty good because the way down will be even better alright. So that's that's my honest thoughts on all of these thoughts.

And that is the end of the video again do not forget to annihilate the like button for the youtube. Algorithm as always helps the channel a lot and 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.

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Where we trade patterns and patterns. Only and i will see all of you in the next video you.