Alright, back in the saddle here. Monday Morning Almost three thousand dollars of profit on our kDa at my highs I gave back a bit of it I'm gonna finish the morning up just under two thousand dollars which is solid just below my daily goal and I'm gonna, you know, just round it up and say I basically hit the daily goal and that's good. You know this is a step in the right direction. Last week was a little bit of a setback, but here we're turning things around.

Arkady A Friday up a hundred percent. Here we go Monday Morning up another fifty percent. So this is a stock that today hit a high of about seven dollars and 32 cents and was two dollars on Thursday So this is some really nice action that we're seeing, but this one has been a little tricky for for day trading. In terms of the breakout, 56 million shares of volume traded on Friday Over 20 million shares have already traded today and it's not even noon time so it's gonna be another high-volume day and what we're seeing is a little bit of a tug of war action.

Arkady A is a stock that's kind of been played out. It's already had a epic parabolic move and in the recent past where it squeezed up from the teens are actually from like eight nine, ten dollars all the way up to over fifty dollars a share. So you know I Think people may be hoping this will do it again, but other people who are like it's definitely not gonna do it again and so you're just sort of getting this tug of war and it's not opening up. I Mean that we got some moves and maybe this afternoon it will.

but I don't really think so right now, so whatever. I'm just gonna lock up the profit Green Day that's a great way to start the week. I'll be back out first thing tomorrow and hey over the weekend I was live doing ask me anything episodes. Ask a millionaire anything and you guys through some great comments out there.

great questions out there which was really fun so thank you guys for participating. Probably do it again this coming weekend. or maybe some spontaneous afternoon you know, around the office or something like that because it's it's cool to see how interested you guys are and just sort of the general. You know what's it like to be a millionaire? What are some of the challenges? You know, not just trading specific and I want to encourage you guys, those who are just watching this and aren't already in the chatroom you're not already in any of our classes to register for day trading 101.

It's a new free class that I'm putting out. We had this out about six months ago about I think about a thousand people ended up taking the class which is awesome and then we shut it down. We took it offline here for about six months and now we're going to bring back in another group of students to go through it so it's totally free. Click below to register, get in their instant access three chapters.

You can start watching chapter one today. Alright, so enjoy it and I'll see you guys first thing tomorrow morning. Okay everyone, so we're gonna do our midday market recap here. Finishing the morning green which is great Arkady A gave some good opportunities.

it was not the easiest I definitely went into the read on it before I bounced back and got myself into the green. You know this one was frustrating for me. It wasn't as clean as I hoped it would be and I gave back some profit on this double top right here. I was actually up a little over three thousand dollars on it this morning, but I added right here.

Well I had two losses that brought me back down. One was let's see here I think it was right in here and then the second one was right up here. So what I thought was that as it curled back up here that we would break through high of day and that didn't happen at that time. It went sideways for a little while and then ripped through the highs.

So right idea, wrong timing. but you know that's okay. Green is good and it's just really nice to see this level of momentum in the market. I Mean this is a stock that was at $2 on Thursday you know Friday it gapped up a hundred percent or squeezed up a hundred percent.

Then this morning continuing that momentum and pretty much you know just being impressive. So for me, the places where I traded it my first trade was right here, a break over six and this was kind of a risky one. It wasn't super clean, but you know it worked. and then I had this trade right through here.

It first tested six, it dropped back down and then it ripped up, Then it dropped all the way back down and then it came all the way back up which was kind of crazy. You don't usually see that level of volatility in this type of stock, but I got back in as it ripped back up and on. this trade right here got a nice win. So I felt good about that and that made me feel like this stock really had the potential to make a bigger move.

Now as I look at it now you know. We did the sort of double top formation right here. cup handle and then a breakout which is nice. It kind of struggled around this level a little bit, just sort of chopping around and then boom broke through.

but realistically from 685 up to 725 is not the biggest move we've ever seen. And then note the very light volume right here. Now light volume on the pullback is okay. However, what I don't love is that there was a ton of volume.

800,000 shares on the candle right here where it broke through the highs up to 7/16 and then the volume dropped off immediately. and so now we're just kind of on very light volume. Yes, I would say 725 is a logical breakout spot and yet at the same time it feels like a little weird that the volume is dropped off this much. So what I'm thinking is that on this stock Ultimately it needs to hold this 83 level.

which right now it is. and if it holds this, then it may be worth scalping over 25 you know, over the highs and just kind of doing a little scalp trades where you know you'd be I'd be in at 25 and take profit at 30 and 35. Maybe it squeezes up to 50, sell a little bit more up there, wait for the next pullback, and then jump in for the break of 50. right? Then I went up to 60 75.

wait for the next pullback, and then you know, ride that momentum. Maybe. Then we start to really curl up and open up. It's got 22 million shares of volume, so you know it kind of feels like I almost wish it was doing a little bit more than this, you know I wish that it had broken this level and maybe just kind of like really started to squeeze.

and if we look back on, well, I don't know that my five minute charts probably not gonna go back long enough. but these types of stocks that have done really really big moves in the past, you know they do pull back pull back and then often they break with a lot more force and then the first pullback gets bought up really nicely. So you know, right here typically is where I'd probably be taking a starter you know, so see a volume coming in but then it's not breaking right? So as a breakout trader, this is kind of odd because this just made a new high on the 5 minute. So you're thinking, well, why isn't it already above 725 721 What? 717 What is going on So this is exactly a type of action we've seen on this stock today and that's what's made it difficult.

If you're coming in to buy breakouts which typically work instantly and nearly instant resolution, this is a stock that hasn't been giving it to you and as a result this is a trade where now I'd be hitting the bid at 14 and there's another six cent loss you know, or whatever the case is. So and of course when it flushes down, it's it. has done a couple moves where you know, just it plummets 30 cents in a heartbeat so not the easiest one to trade. I gave back some props, some profit on it for sure, you know? I was up 3 grand and then gave back 500.

what's up 2500 and then gave back another 700. You know? And so this isn't exactly where I want to finish the day I would rather finish up three grand or five grand, especially considering we've got to stock up 58 percent. That was up a hundred percent on Monday or Friday. But you know it's tough and so as it curls and consolidates here, you know it has me thinking more and more about jumping in like right around here.

I'm gonna take my hands off cuz I don't think it's gonna work. This is the place where I I would have typically gotten in right there as I saw that green volume and now I'm now I'd be in it at 22. Okay, so there it goes. So now: 28, 31, 32 But that was a funny breakout and now it's back to 16, right? So that's tough.

that's not easy to trade and that can start to get you really frustrated. So I think the smart thing for me to do on this one is you know, to take my profit, put it in my pocket, get out of here. come back tomorrow, you know, recharge refreshed and you know, just be happy that I'm walking up the date green 1800 bucks. Green is good so I'm gonna take it and I will see you guys first thing tomorrow morning.

Well you know 9:00 9:15 we'll do our watch list and who knows maybe our kDa will be gapping up another 30 40 % and we'll be trading this up at $15 Maybe maybe tomorrow it'll be better and easier I don't know, maybe it'll be something else but I'll be I'll be here ready to trade and you know here here you go. Now it's back in 705 you know I mean talk about frustrating that and a look at that I mean you guys, you can hear it in my voice. You can see it in the chart. You can see it in the level.

You see it in the level to better than you can see it in the chart. The level to is where you're really seeing these whips 706, 720, then 705 708. you know it's just like man that is some frustrating stuff. and then on the candle pattern you on the chart you know it doesn't reflect the true level.

I mean it shows a false breakout here over 25, a flash up to 35. who knows what that was. Was it a short seller market ordering out? Was it a long trader saying I'm this thing's going ate and I'm buying 20,000 shares but it kind of looks like it was just like one market order and just you know pops up and then drops it right back down. back to 7:03 back up to 725 back down to 705 so you know I mean I it's it becomes difficult to know the right places to buy when you have that level of choppiness.

Yes, certainly you could take approaches of buying off moving averages, buying off the V web, and and and that can work. You just don't know how long something's gonna go sideways when you buy off those pull backs and you know you look at it yesterday or on Friday And boy, I mean you had long periods of sideways and then you know it ends up failing sometimes. So right now this is a good time to lock up some profits. I Live to trade another day and be back at it tomorrow.

Hopefully we see maybe some cleaner opportunity and we see things open up maybe a little bit more. That would be a nice idea. All right. So see you guys first thing tomorrow morning.

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