Good morning, ladies and gentlemen, everybody boys and girls welcome back to your pre-market watch list. We have quite a lot to cover this morning, we'll talk about amc, expr, occ, something asts. So pretty much the popular penny stocks this morning and of course you know whatever we get to along the way. So we'll wait.

A few minutes here, wait for our stream to populate a little bit. Hmm! That's fine! Good morning joe dykes, milky fade johnny diego good morning, guys um. So i guess we'll start here with amc. So if you guys remember from yesterday uh the best way i could explain it was yesterday this red line.

Well, let me rephrase that, from the day before yesterday, going into yesterday morning, this red line was support and the resistance that had to break when the price was under it pre-market. Yesterday, when the market opened this red line adjusted and the price target then became this dotted line so in the morning pre-market. This was a support, resistance that needed to break so we broke it and then, when the market opened, this price really adjusted. So this is no longer and then the price level was here on this dotted line.

So then you can see, we broke it broke, it shot up, came back down under it kind of held below that dotted line, and then we went into a bearish day. So when market opened, the market needed to break above the dotted line and then stay above the dotted line to keep pressing on the bullish day and that's what it would have led us to that 62 target. Yesterday we mentioned 62 being the target, all good and dandy. That can only happen if we had the successful break and hold of the half deviation mark, which we didn't we had to break.

Then we fell back under and we held resistance. So today, um the way it goes. Is this i'll show you, when we go to the four hour chart you'll, see exactly why the market right, if you're, looking at amc and you're, wondering well what made it stop here and why didn't it go down much more pre-market and what really caused amc to Stop around the prices of say, 5640. Yesterday, when we go to the four hour chart, you will see that we came back down to two things: nine day moving average and the four hour half deviation price.

So if i zoom in you will see there is this dotted line right there bottom of the candles bottom of the candles bottom of the candle, so we're currently holding support over the four hour deviation. Okay, basically, what this means is is when market opens. This deviation will change and we might end up being below it so if, in the event market opens - and this deviation updates to being above the current price of the market, that means that we're going to be still on the bear side. As in we have to get up and over and holding above and if we just hit it and then sell down we're in resistance.

So again, i don't know exactly how the market is going to update at open i'll, just have to wait and see, but currently we're coming off of support from yesterday and depending on how the market updates at open, we might actually be running into resistance, so to Speak and that's exactly what i was trying to explain yesterday is yesterday. The level is here. Market opens the level's now here. So if it's the same thing again level was here yesterday, market opens, it might be up here.

So then, we're running up to to test the resistance if we don't break again, more bearish moves um. Now, that's a lot of like what ifs here and there and the reason it's kind of complicated is because we're in consolidation. So i'm basically giving you levels each and every day that are going to cause a market to shift downshift back up shift downshift back up shift downshift back up right. We haven't yet broken levels that should lead to the big squeeze so to speak, so we're basically still in consolidation, to put it simply bigger now now this is a good way of saying it.

Bigger bearish moves happen when we break through 5268 and bigger bigger long moves happen when we break through 6658. So, if you're concerned about when a big move is going to happen, whether on the bear side or run there on the bull side, you already know the two price points that it's going to happen at so until the market actually gets to there and causes people To be concerned about going through one of those levels, you're not going to really see the big move and you'll keep doing this back and forth consolidation. So big drop happens below 51.52. Big breakout happens above 66.54, so until those prices cross probably going to be a sideways chop market, i thought yesterday was going to be the day that mighta took us but didn't work.

Alrighty now we're going to pop on over to expr really quickly just want to touch on this one. So back when we first started talking about expr, it was priced down here at six, then we pretty much gave it targets up to like sevens and then eights. Then we made a youtube video suggesting this could be the next amc, not literally in the sense that it's gon na trade, exactly like amc or b as popular, but it still has a very popular formation, recognizable bullish formation that it's been trading up into, and it's The same sort of formation we saw in amc, so the same formation we saw in amc that led to a big move on amc is the same sort of formation, slightly different that we're seeing here on expr so optimistic that we could still see the stock moving Long, the long move that we just saw was already a great move right. If you were long, you should have been selling in this top to begin with.

Now it's a matter of, can we hold the pullback support and continue moving in the immediate? So over the past couple days we've been following expr. It was monday afternoon. I took a swing trade long on the expr. So, right after i made that video saying this could be the next amc, i ended up taking 2 000 shares long here in this dip waiting for them waiting till the next day.

Pre-Market ended up closing it because we opened on a gap down. Ideally, what we were looking for on monday morning, going into tuesday morning, was a gap up over this red line that didn't happen. We gapped down, which means, instead of gapping up over resistance, we gap down and we're staying below resistance. So hence bearish you'll see that we pushed back up to this red line at about market open.

Then the market sold down. So we closed the trade pre-market on expr here and then we ended up trading bearish on expr down to our next support target, which was these two red lines. Then, when we got to these red lines, we ended up buying long for a scalp trade, and then we bought long for an overnight swing. Trade well, expr bounced offer support intraday all the way back up on the day, closed part of that swing.

Trade held some overnight, but basically all i'm saying was for expr to move to the bull side in the immediate. It was not supposed to break down seven. If it broke down the seven price, then we were supposed to go down to here to about 620.. Once we got to 620, we then rebought the market trying to support expr on its true trend, support on the pullback.

So, for the time being, as long as expr is above this 620 to 618 price, then we're still okay and we're still in the dip by support once we start to break these levels, that's where we should be more concerned about expr remaining bullish. So, for the time being, we're still on the long side, even though we're going through bearish moves, we've reached pullback support levels and we're hoping that expr sustains here. Once we get back over seven, then we can see the squeeze kind of happening so uh. Let me show you how you go and get that support again.

You go to the four hour chart we zoom in look. What's at the four hour chart that long term trending half deviation, support perfect, then look what happens when we switch it to the daily chart. Time frame: okay, we go to the daily chart. Time frame, you're gon na see this yellow solid line.

So that's how we got those two red lines was just overlapping those two trend lines. That's how we find the pullback support and that's pretty much why we bought the dip yesterday and that's why we're going to be following this long bias until we actually break down that price level thumbs up okay on to the next one, which will be um. We already jordan uh yeah. We already bought uh expr yesterday in the 618s support and resistance always work best when they get there for the first time.

So don't listen to the books. You read or the youtube videos that you watch when they tell you that the more times a stock touches a resistance level or a support level. The stronger it is that is not entirely accurate and or correct different situations. It can be in different situations.

It isn't so don't take that with 100 certainty, but what you can take with like 90 certainty is that the first attempt at a support is always the strongest so with 90 certainty. The first test of support or resistance is always the strongest and then each attempt thereafter actually becomes weaker. So it's kind of backwards in a lot of the books you might read, and that's probably just because it's all situational based in the market so depending on you know what sort of situation they're thinking of in their head. While writing up hey the more times.

I touch support yes, but generally speaking, you're going to have the best bounce when you get the first attempt to support, but that's just it most. People in the market, even myself at times, have a really tough time identifying where the actual support and the actual resistance is at until it happens, that's the problem so when i say the first attempt of the resistance and the first attempt to support it's always the Best right, that's because well let me rephrase that it is the best all right and the reason that most people have trouble finding. It is because they don't recognize a support or resistance till the bottom's been made, and then they can easily visually go back and look at a chart at something. That's already happened right during this during yesterday's trading on expr when it started falling here we said the price target on the downside was 620., so when it was all the way up here, we're like that's the buy point, so we already know the buy point well Before we're there, so we don't need a bottom to be put in in order to find the support.

We already know where it's supposed to be so as long as we just get active in that buying zone, then we're generally going to put ourselves in one of the best opportunities or of a profitable bounce trade, so to speak. Okay, all righty whoo. What happened to the scanner streams, the scanner streams are online, every single day, they're just on a different channel all right, and that channel is right here. So for the 200 of you guys, you guys can use free trade ideas and benzingo scanners every single day.

If you just go to that channel and they're going to be live every single day, all right now we're going to run into some of the popular penny stocks this morning, one of which was there was a couple of them. Uh hold on guys. I got to close a trade on this stock. Damn it wait, i'm still green on that, but i should have closed it down there.

You jabroni what an idiot all right so close that um okay. So, yes, we will talk about that we're at 8. 44.. Let me just i got ta fly here, got ta fly, ladies and gentlemen.

I got ta, keep this going quickly, so all right, we're here with asts. So why not so asts big stock booming up today, blah blah anyways? The only trade i ended up doing with ast yesterday was a short trade starting um at about 1360 shorting into 1380s, covering this drop. And then i missed the exit point, which was this two red line zone. I meant to exit fully in there, but i forgot - and i had to take off my last little trade right here - that's what i was doing with you guys.

I got to close this. So i was actually closing a short that i meant to close here, but forgot so anyways uh asts, this stock blew up. This stock is awesome, but i don't expect we're gon na get too much more long bias movement out of the stock, and i would not be surprised if later today we see the stock retracing all the way back down to prices of 12.47. I know that's pretty fast, but uh.

Nonetheless, we're not really bullish on asts now, because it's already broken out pre-market to somewhat overbought levels, but not really. It's really just kind of retesting previous price action. Resistance and long-term standard deviation resistance. So we don't really think you're going to be bullish.

This top anymore, probably going to be bearish, expecting the prices to come down towards like 12 40.. Okay awesome over the next one, the next one is ocup. So this was a penny stock pre-market blows up blah blah blah long story short added long to this stock. Here this morning, traded up to like somewhere in here then added short on this red candle covered most of it into this drop, and then we shorted it again here - not here shorted again here traded it down to here.

So it did a couple trades long couple trades short had no idea. The momentum was going to be this good on the way down, or so i would have stuck on it much longer, but anyways that was when we traded uh. This one was a little tricky. I'm not going to go over the full analysis on this one because it's probably just going to be a a turd bag.

Today, this probably isn't going to give you much more alongside it's going to be a pain in the ass, so oc up, you're - probably not going to want to trade today. Okay um, that is, let's see, uh yep custom deviation. Scanner is still on the website. Mrin.

Another short squeeze yesterday, i shorted here got squeezed, so i helped this move, go up, god, damn it figures, but anyways mrin blows up again. Yesterday. You know, i remember telling you guys. This thing was overbought when it was back here and i was right - it was overbought.

Then it's been overbought here, it's overbought here and it's still overbought here so again. This is a prime example of even when a stock is overbought, it can still keep going and you have to recognize when that's going to be the case, so that if you're shorting you're not holding too long and if you're longing, you know when to kind of Stay on so i was the one who traded this thing completely short bias on most of these big days and failed. So i was on the bear side and i was on the opposing team to the bullish traders, the bullish traders this go around on the stock. Mri end beat the short sellers.

Hence why such the big squeeze so still bearish the stock since we've been over this uh this, like 570 and over this seven price, we're still bearish to stock and those are the price targets back down. So unless you have an average ownership price right now on mrin, that's below five dollars, you're still very susceptible to a loss, pretty much. If you have ownership at 11, you have ownership. At 12, 9 8 you're still pretty much guaranteed a loss when the stock actually corrects, because when the stock actually does its correction, the price target on the way down will be this purple and blue line, which is all the way down here.

So it's corrective crash is projected down to like seven to six ninety or whatever, okay, awesome, whoo alrighty. Now we will talk about um yeah. We can touch on xcla sure, but there was another one. What was it? Was it tesla killer hand, movements, um allison? This isn't the boiling room i was looking for.

I don't know any other channel on the internet for stock since the boardroom, unless you're looking for like the uh techno like underground boiler, room scene channel, then yeah there is that one too. What happened to the boiler room scanner streams? Again, those are on another channel, which i posted, that link for gotcha gotcha updates on sunw. Yes, we have updates on su w and it's pretty much just bullish again. If you remember the video from yesterday pre-market watch list, we pretty much told you that su w was going to sell down off that red line.

So the analysis on su w so far is pretty much working to a t. Everything we mentioned yesterday happened as it kind of should have so there's nothing about yesterday's pullback. That really concerns me. It was supposed to pull back um, so yeah we're still just bullish, smw price targets of 14 to 15 dollars for the time being.

Right now, the only way we get to 14 15 is by getting through the half, deviation resistance. This dotted line. You see we stopped at here. Dipped pulled back up to here, so the pullback might last longer than this day might go two days three days.

I have no idea, but it's all about getting through the half deviation price here. Once we successfully do that momentum should shift a little bit and then we'll get closer to 14s 15s, but really steam same analysis. There still applies on su w now over to tesla. All right so we're still bullish on tesla.

I'm actually have a small long position on tesla been kind of adding into dips over the past couple days. On this but anyways, you know the analysis for tesla was we were going to have resistance starting at 700 and the reason so pretty much. The resistance zone was from 700 to 726. Now the resistance zone is from 700 to 720, so we've shaved off six dollars of our long target and our resistance target.

So our resistance target was 720 to 726 or now, it's only 720 to say or 700 to 727 1982. So we've lost six dollars off the long move, um so again, still looking for tesla to push up get through 700 hit about 720, then we're gon na see this roll down, so we're long bias until 700 for the time being or until we come down and Actually break through support support in the market right now when tesla is 657, so we still have a potential dip that could take us to 657 get bought then run to 720.. I don't think that's gon na happen, given the bullish move here, so i think we'll go to 720 before we would pull back down to support and then go to 720., so either way we're bowling 720. That's where we're going to be bears how much you have to pay your broker to short asts.

We didn't have to pay anything. The shorts are free on asts and so i'll show you why we shorted on asts. So if you look at this time frame right, you see the top of this wick on asts. You see this red line.

If you look at that red line, you'd be like well, i mean like like what is it is it? Is it because of this previous candle back here? That's the resistance! No, no! No play up! No, no! No just switch it to the daily chart. Time frame, all right switch, it ready, ready, ready! Well, you can't see it because you just can't hold on because it's a daily chart the the day hasn't started. The day starts at market open, so you can't actually see the daily candle but ready watch this see that yellow line okay. So, let's go back to this four hour chart, so we go back to the four hour chart.

There's no red line there right! You don't see a red line, go back to the daily chart. What we're looking for is we want to overlap our own price level on this daily chart level, so we go here. 1382, let's put a level okay, so we put the level right there switch it back to the four hour chart so that we're able to see the trading activity of today, which is pre-market and look where the top of that candle is at drop the mic. So this morning, when the stock was going up, i had mentioned to a lot of our traders said this: is the level we're going to short at? We want to short into 1382, because 1382 is long-term resistance.

That's it alrighty on to the next one, um, marshall rodriguez. No, that's not the case. It's not easy to find a stock going down. That is a stock going up and the reason you feel that is because, once you find a stock going up, everybody already knows about it.

So then, it's more or less just you having to pick the resistance point, whereas when a stock is down, you need to wait for it to break out so you're in a waiting period. So it's you waiting waiting waiting when something's already broken out. It's just you've. Already seen it, and now it's really about you identifying where the top's at so it is easier to identify, tops and stocks during a sell down, because the moves already happened, whereas a bullish move you're having to predict it before it happens.

So but at the end of the day i mean these have been over like the past couple weeks. These are all of our long recommendations. I mean pltr was a long recommendation up to these red lines. You know that worked um, sorry bngo.

Our long recommendation was down here that worked, um packed tesla's working, so you just have to find stocks that have been oversold and to value dip buys and that's where people are going to buy them and that's what's going to push stocks up before they break out. But you're not wrong, it is. It is a little easier to identify stocks after they've already gone up for sure. Mr mario, thank you, sir.

I appreciate you best time frames for finding support and resistance. For me. It's a 180 day 4-hour chart in the one-year day chart. Yes, the yellow line is standard deviation.

What are the red lines called? Those are just regular support and resistance lines that i put on the chart. Brother man. Can you do yes i'll look at which so does anybody? Can anybody just just for my own sanity, so i know that i'm not crazy, and i know i'm not speaking to myself. Can anybody tell me in this chat what we had recommended? The resistance point on wish would be, and you could only see more long bias movement if you went over it.

So what was our projected resistance point on wish yep pretty much absolutely mr woolsey 15., that yellow box and these two red lines. That was a projected resistance that we mentioned pretty much for the past, pretty much the past week and a half right. So, as everybody sees this long move up this dip and this bullish push up they're thinking like okay, we have a cup and handle. We just got to get through this resistance top, i mean that's true, but if you think about it right, market topped dropped, bounced broke out here.

That's a breakout break out of this consolidation up to resistance, sell down, and that's because stocks like to follow trend. So by it going up to this yellow line and then selling down it's just the stock following the trend, so basically wish you're not really too long bias unless it's a pullback that comes to a dip support or it's a move up that breaks resistance for right. Now um, i normally am trading around 7 a.m. I usually get up.

You know anywhere from six six, thirty to seven and so about seven ish monster. Going back to seven thirty, five, nine fifty mstr um um, yes, monster is going back to you, said right, 735 to 790 um. So right now my price target for monster would be 741 to 750., hit resistance break through successfully. Then it would be a 950 target.

So your 950 target is only doable. It's only imaginable thinkable possible going to happen when, if stock breaks regression level, which is 737 to 750, the market, all stocks, cryptocurrency commodities futures everything in the market - that i've come to find loves to follow a standard, deviation format. Okay, so basically, the market moves in equal chunks, okay, so from the yellow line. This yellow line to this white line is the same distance from this white line to this yellow line, the distance from the yellow to the white is the same distance from the yellow to the green.

So when the market successfully breaks the white, it's going to go for a move from the white to the yellow, because that would be called a one deviation move, don't ask me why, but it just happens so so pretty much you'd be looking for a 950 target. After monster breaks through this level, so if you were getting long here on a monster, your target would be that white line once you get to the white line, everybody buying down here will sell, causing a little resistance. Okay, i've been trading full-time for, like the last. I mean it's probably more accurate if i just say like five years, i mean i've been dabbling in the market for like 27, so like nine um, but really accurately would be like six.

You could call it like part-time for, like two years prior to that when i say part-time, just studying, doing small investments here and there um, but pretty much the past five years. I mean there's times where and believe me there's times where you look at the market. Like i don't even i don't even want to do anything today. I don't want to trade.

I don't even want to try to look at a stock. I don't want to contemplate what the market's going to try to do, because once you do it for so long you're, just like no it's just another random day like could just watch netflix, not even worry about trying to make money, don't have to lose any money. You know so you know there there will become a time if you do this long enough, that you don't really have the excitement, the giddiness to just go out there head first in the market because you see it every single day. So it's like, oh another stock, went up by twenty five dollars for sure.

Oh i'm so mad that i miss it's like nah. I've seen stocks go from five to 175 in a day, so it's gon na happen. It'll, be there will happen over and over and over again um. How many rentals do you have now? I have.

I have two homes. I have a homestead which i'm currently in and then i have a rental property which is located just outside of the college. Campus of the university of michigan, which has four doors, so you know if you want to call it one rental home with four units or if you want to say four doors. So theoretically i have four units in one home, so really own one property, four units.

Actually own two properties, but one of them is rented out with four units. This one will become a rental, probably in a couple years, depending on how i pay it off so really only one but four units and cash flow and then cash flow, but it uh revenue it. It generates 48 000 a year. So you know, while i'm sitting here, i have a house, you know 40 minutes 35 minutes away, that's making me almost 50 000, a year, 11 of which goes to taxes and then i think close to 20, of which maybe a little more than that goes to Principal interests, the mortgage, payment, um and then at the end of the year, which i don't know for sure, because i haven't gotten that far but um and there's other expenses.

But at the end of the day i should come out nine to maybe twelve thousand dollars. Cash flow, so that's what i take home in pocket. So it's like. I just picked up a twelve thousand dollar salary job a year.

Theoretically, like that's what i take home, is it enough to live on? No, but you know if i took that twelve thousand and then just invest in the stock market every single year, then that's going to go to you know a million dollars one day or if i take the 12 000 and then put it down on the mortgage. Every single month or if i take down to 12 000 a year and then pay it down in the house, then i pay the house off in eight years and then i'm making forty eight thousand dollars a year in revenue minus taxes which is eleven, then i'm Bringing home just over thirty thousand dollars positive cash flow from that property in eight years, then i could take that thirty thousand dollars after eight years, invested at the stock market every single year, and now i have thirty thousand dollars of investment going to the stock market Or i could pocket it or i could use that to buy another investment property, so there's a lot of what ifs and how you choose to manage it, but that's kind of currently where i'm at um. With that being said, ladies and gentlemen, i got ta go. I appreciate you guys tuning in there is more videos to come just an fyi, i'm not gon na be on tomorrow.

I will not be on friday, monday morning, stock market's closed. I got a golf trip. I'm going on so i'm leaving tomorrow and i'll be gone thursday, friday, saturday, sunday won't be back till. I won't be back sunday all right.

I won't be back until sunday, but we won't even be streaming monday because markets closed. So for those of you that watched the scanners too, haven't figured out how i'm going to keep those online, but i might just have someone stop over and run the system for me while i'm gone but anyways, i will catch you guys, all back, um i'll catch. Everybody back here and like uh tuesday morning sounds good. Have a good one cheers guys.