All right, good morning. So uh, yesterday when I ended the morning show, we were talking about Psqh. and this morning as we start the morning show, um, we'll take a look at that this one as well. So yesterday we had some good opportunities on it.

Congratulations to those who traded it and made money. It was, uh, a little difficult because he had some bigger spreads at times squeezed up, pulled back and then right around 12 30 1 o'clock Another nice move. it pulls back, it goes higher. And I had said a few minutes ago that the levels I thought it needed to break were over 29 10 and then over 30 dollars.

So it's now getting up, uh, into those levels. But as you can see here, it's a bit extended. In the last five minutes, it's gone from 26 up to 32 dollars a share. Now what sometimes happens is these stocks make a really, really big move and then they pull back and it's like kind of a one move trade and if you don't chase it a little bit, you don't get anything on it.

Uh, fortunately yesterday we did get a nice pullback on the five minute. So I think right now there's hope that this could base out and give us some more opportunities. All right. So Psqh, this one's gonna be on watch.

The only thing is it's um, it's only up three percent. So our uh so let's see so we'll mark the high there 31 43 that's the current High Okay, so our leading gapper this morning is Bglc. This one, um is sort of stair stepping down. It's got descending resistance.

We'll see whether that can get back up. but for right now I'm leaving it alone. Frtx is a cheaper stock, so I'm not super interested in that one. CEI is also cheaper.

just under a dollar a share. So leaving that one alone Pmgm this one from yesterday SPAC es some room on the daily if it starts to open up a little bit more. It did continue after hours, so I'll keep that one on watch as a maybe Pmgm pre-market high on it is 13.51 so put an order around 13 60.. So Psqh, Pmgm Gfai.

Uh, put in a nice move yesterday. Kind of double topping around eight. It's a little hard to take um, scalp trades on Psqh right here because the spreads are kind of big. You know, if you got in for a quick break through like 31.

Um, you're taking some risk on the downside because of the spread. CEI has a big seller at one dollar? Yeah? I See that? Yeah, so you can see on the level two, the seller at a dollar there. Mm-hmm Well, you can certainly Buy on the ask whether or not you can sell on the ask. When you have a stock that has a big spread, you won't always get filled on the ass.

The bigger spreads are because there's not as many buyers or sellers. so it you know a a market that has a lot more volume. spreads will get tighter and that's easier to get filled on the ass. But when you have a thinner Market it can be.

uh, it can be tougher. so I'm not sure I mean you could get filled on the ask into strength if it's squeezing up and moving quickly. but during a consolidation period where it's a little choppy, you may not have enough buyers to get filled on the ask. Well, a thinly trade stock is the type of stock that can move quickly, so it is good in that respect.

But thinly traded and you know, 30, 40, 50 a share starts to become a little bit of a tough combination because you start to get these bigger spreads so you can see right now we've got the spreads kind of Jump Around You've got a 40 Cent spread right now 45 cents but then it might get tighter for a second because you know someone puts an order between the spread. but then that order gets filled and the spread opens back up so that right there was a dip down to 29.50 So now you're back up to 3088 on the ask, 30 20 on the bid. You know 40 50 Cent spreads but only 200 shares there, 30 40 and then all of a sudden you know you get that jump up. but a 13 000 share seller is right there so that seller is on the ask and it got filled.

People bought it up. So now this is a one minute ABCD pattern that's resolving to the upside 3178 is the high 31.90 But then look at the bid right? So this is where we sort of have a challenge. It just happens to be the case right now. Uh, it's a con It's a combination of the time of day, the price of the stock, the fact that it did already make a pretty big move yesterday, so you know it's it's only a three percent so it may not be obvious enough.

There may not be enough people watching it. It's not the leading gapper now. it does have some uh PR This one's had some attention, so we you know we may see some more opportunities on it because of that. but we'll see margin is restricted on this one so you can only use your cash balance for trading you can't use Leverage That's not totally uncommon.

It's also restricted on CEI So this noteworthy here was that this is very high volume on this candle. That's the highest volume of the day. That candle there. There was a big seller 10 000 shares that got bought up, it broke, it went higher so there was green on the tape.

It looked really good and then it ended up being sort of a topping tail. You know some sellers pushed it back down, it didn't hold that level and now you may have some buyers that are up trapped up. Well, they're in up here a little high thinking it was going to go. You know, a lot higher and now it's a red candle coming down.

This kind of looks like a valid ascending support line right here. so like this could be a spot to do a dip. But um again. I'm I Just don't I'm gonna wait for it to be a little bit more.

um, obvious foreign. So this ends up being a higher volume rejection Candle on the five minute chart with 30 seconds left. Now these last 30 seconds we'll see what happens if the candle closes green. That does make a difference.

It changes things because instead of a big red candle, it's a green candle. So we'll see if buyers step up in the next 15 seconds. But assuming they don't this is going to be a red rejection candle, which is not ideal. Typically July and August are slow months, but that has typically been the case last year.

However, August was my best month of the whole year so it's not always the case. You know, if you have a sector that's hot and it happens to be August then you know we can get some great opportunities. So the high back here was 29.30 I Mean it's even hard to get dip trades because of the spreads. all right.

So let's see, we've got about 14 minutes to the opening bell. we'll see what volume at the open looks like. Not sure about Gfai. you know if it breaks over eight, it has room up to the 200 moving average which is around 12 11, 45.

So that could work, but it's a little ways off that level right now. Uh, when I was streaming in Italy the latency? Nah now I can't remember. It wasn't that bad. Maybe 50 or 60..

Uh, there were a couple days that I had poor internet. Maybe it was around 100 or 110. it varied from place to place, so that's you know. Psqh when it squeezes up like that up to 32.

definitely a sign of strength. So let's see you know, is it just reject, right? So back to 31 high that candle. So starter there on Gfai for the squeeze through 32. Now looking for a move up to 32.50 So watching with an order at 32.50 on Gfai, so watch 3228.

Now we're going to look for this to pull away and squeeze up to 33 dollars a share. so added there at 28, there's 32.50 now looking for 3260 3270. So you've got 3220 on the ask. so let's see what we can get on this hold on one second.

Watching in this area for a dip holding 2 000 shares would like to see a squeeze right to 33. but you can see it's kind of chopping out so unwinding the position holding 600 shares right now. Watching still for dips? Yeah, let me come over in just a second. So there's 32.50 there's 33.

so not the easiest trade there. Let me Focus for a few minutes I'll come over in five minutes. You can watch if you want. you just have to be quiet.

Okay okay so we're looking for so the high there 3315. So what I liked about it was as it came back up I thought through the highs it would because it kind of popped up so quickly it would force shorts to cover and that we would see a squeeze. and then once we saw that squeeze we would see buyers step up to the plate. So let's watch this pull back and see whether or not from this position it holds the previous breakout spot of 3183 and then can break through this high of 3315..

if it can then you know we're kind of targeting this move back up here towards yesterday's highs. Just be aware of the fact that the spreads are bigger on it so it makes it a little harder to manage risk. So for those tuning in, don't try to blindly follow me. You shouldn't try to blindly follow anyone for that matter.

You have to understand why you're getting in where you're getting in. Hey Bud, can you turn that down a little bit? So right now I'm going to watch for a retest of like 31, 80, 31.90 because that was our previous breakout spot there. So a little dip trade for me there trying to buy this dip and I want to see if it pops back up over 32. so you've got 32 on the ask.

This is the retest of that previous breakout level. so 3180 was the breakout level. so let's see if this can break back over 32 dollars a share. If it does, then I'm in on a bottoming tail candle.

The next candle go green would be 32 32.40. So new orders at 32.50 to add. So you've got 3191 on the ask right now. there's 32.45 That was kind of Moment of Truth there I wasn't sure whether or not it was going to work and even right now you've got a bigger spread.

so taking a little off the table there 32 27, 32 30. I'd plan to add but then there was like just a sort of a stall out there for a second. Wasn't sure what that was going to do. Then you know you look at the five minute chart and it's like oh shoot that is a uh, a doji candle there on the five.

didn't really get a proper pullback. Um, we'll see what it can do I'm flat for now. there you go. Nice.

Okay, good. so new high up to 34. almost 34. so does it pull away? you know? And this is kind of the thing is I want to see it really squeeze up? Um so this is what.

I'm noticing. You have this like one candle back here. A ton of volume on that one candle. These two candles a ton of volume and then it kind of.

the volume goes away. So what is the deal with that? Pi is 33.74 Like it just sort of creeps a little higher and then it pulls, pulls back, creeps a little higher, pulls back. What? I like on these is when they really just pull away and on some serious volume. That's when you get some big moves and that's when you can size up.

You can start to get aggressive. this I can't size into right now. What time is it? 9 27 36 seconds. So we're coming up to the bottom of the hour here.

Market's going to open in less than three minutes. so I guess the game plan for today is to continue to watch. Psqh. we'll see if at the open we get better volume yesterday.

volume kind of cranked up right going into the opening bell and then we halted going up which was obviously pretty strong. That was great to see. Not sure what we're going to see today. so all right.

well. Warrior Pro Members: We're going to keep trading here going into the open. those on YouTube Thanks for tuning in for the morning show. I'll put up my disclaimers a reminder as always that trading is risky.

my results aren't typical, and you should make sure you practice in a simulator before you put real money on the line. And don't try to blindly follow me or anyone else. Take it slow. I'll see you guys back here on Monday morning.

and uh Warrior Pro Members are going to keep trading here going into the open.