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To buy this dip or to wait, will this little two day rally go on to the next speaking continue pushing higher? These are some questions that a lot of you are having right now and into this video we're going to address them thoroughly. I'm also going to be um showing y'all some stocks that y'all should be keeping in your watches for the next week. Again before begin, don't forget to annihilate that like button on your way in all right. So, let's, let's begin right off the bat um, so the spy, despite it pretty well on friday, um the momentum just kept pushing higher it was pretty strong throughout the whole day.

It showed a flat pre-market right here, not the easiest flag to notice, but it was it. Was there right there all right it broke out at like 650 and retested that previous level of support and kept going higher and higher. Now it was this the bottom to buy. Well, let's look at it.

If we look on the for look on before our charm. Again when i, when i look at the overall market, i look at different indices as well in different stocks and whether at looking at things, big picture right to give y'all my very honest opinion and the most helpful opinion all right now. What i'm seeing here is this: what i think is that we're going to creep up a little higher the volume at the bottom is intensifying, and i think that we're going to get all the way to this level right here right there at around, like 45 hundred All right and then when the spy gets there, i think that there will be some turbulence all right and the reason why i say that, because we're going to look at we're going to look at nasdaq and nasdaq, that is forward, slash, nq and with the nasdaq. If you look very very closely there is this thing that is in the way it might be in the way, at least there is that level of resistance right over here right right over here, and i do think that we're going to hit that either on monday Or on tuesday, so for anybody who actually bought this dip right here, i think you will be fine holding on to those two days.

But you need to be very, very careful because at that level, people who got in on thursday and on friday will want to take some money off the table all right now. Will this thing go like this pop here and then slowly fade down all the way until, like the end of the week, there is a possibility that we see something like that as well. There is that level of support right here, also that you want to keep in mind all right. Definitely watch out, for this don't be too greedy.

This is a day traders, environments, um and for for long-term investors going in small bit by bit, wouldn't wouldn't hurt you too much, but i do think that this is what we will see throughout the the end of throughout the last two days of february and in The beginning of march, towards the middle of march, all right now, looking at some other stocks again, a lot of stocks have been beaten up for quite some time and one stock that i want you to keep in your watch list for the next week. That stock is it actually crushed earnings that stock is square or block. I should say change their name recently. All right and block had earnings which the the um the results right here was sort of kind of predictable sort of kind of.
There was a flag on here intraday on. I think this was thursday yeah on thursday. I was bullish on this one. Another stock that had earnings on that day, which i was bullish on, didn't do so well that was by nd, but this one did hit and it went all the way up towards 120.

It's not done quite yet um. I think it has a lot more room and they gave a little hints right here on the five-minute chart. Right there there was a there was an ascending triangle right there and more buyers coming into the close all right. Now there is a gap at the top on the daily chart.

If you go on a daily chart number one, we got these buyers right at the bottom right there. There is a little gap right here, which will probably get filled way down like it's gon na. Take some time to get filled, but this one is right around the corner. The one at 128 definitely watch for that.

Little pop, it may happen right it may it may open up a lot higher again if the mass that pushes up overnight it opens higher. It may open up what at 128 and then from there it's gon na retrace and then consolidate, but if it doesn't open up at 128, then there is a day trading opportunity to 128. All right so definitely keep that one on your watch list now. Looking at this one long term for the long-term investors who are like is this the moment to start buying these tech stocks? Is this the dip should we buy now, or should we wait for square um? Is that a good point at the moment? If you look on the weekly - and you make this a little bigger like that, if you look on the weekly you can see, that is that it actually went all the way down to the 2020 pre lockdown pre pandemic crash levels and bounce right at 88.

Right, so this is a good level that long-term investors were looking at for a while. It broke through this previous one from 2008 as well. So this was the points where people were buying pre-earnings again i showed you that little hint of a five-minute chart that kind of hinted at some bullishness some i can earn earnings beats and a bullish move all right, but right now worst case scenario. I think what it does is that it pretty much chills in here like worst case scenario, i think it just chills in here for some time and then it moves like a consolidation all the way until the next earnings before moving higher.

That's the worst case scenario. I don't think we break below 80 again like that. That would be highly unlikely with the way it looks with the way it's been beaten down for so long, all right so for square long-term investors. This is this is a great stuff to start dollar cost averaging.

It especially after learning, speed all right now, another stock, another stock that we're gon na look at um. That stock is let's look at paypal. The other processing company and paypal is also at is. This is the first week, the first green week in a very long time, with convincing volume, the volume is a little bit high, not the highest, not the highest, all right, which kind of indicates that the recovery will be a little slow again.
This is what i meant with the square, with being like, with the worst case scenario, being the consolidation followed by a run later right, and also it's at these previous levels right here, like it's pretty low, and it's too far from that moving average to the point Where i'm thinking that there is a good chance that it's gon na bounce very very soon, i was just gon na consolidate until that moving average catches up all right. So these are two stuff that y'all should definitely keep when you watch this, and also to answer that question whether you should buy the tip or you should wait again, not financial advice, i'm just giving y'all the bigger picture. As i see it all right, you do. What you want with that information? Okay, now um another stock, i'm just gon na, do a follow-up on this one um.

The last dock is cats and cats. That was one of the stuff that i told you to watch for a shorts and my drawings are on here. As you can see, i haven't touched anything so it went low to 179 on that day, not 176.. I was wrong about that, but right now it's on the it's on the moves on the bounce and i think that the next stop for this stock is going to be at exactly 191 maximum 195 before we see another before we see some like turbulence.

So, let's just make this thing is a little bit longer like that before we see another drop like this. Okay, so that's my honest thoughts on these stocks and hopefully that answers your questions for those were puzzled about it, and that is the end of the video again. Do not forget to annihilate the like button for the youtube, as always help 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 bell, along with all notifications.

That way, you don't miss out on these videos. If you would like to be part of a private discord community, you can find that as the first link in the description of the video below. If you are not following us on social media, you can find me at paul and guma at epidemiology lab on instagram and on twitter. And lastly, if all of this is brand new to you and you're, seeing these dips in these tech stocks - and you want to start investing slowly, easing your way in dollar cost averaging in you can find the instructions left some very basic instructions.

In the description of the video below step, one to step three, it only takes about 15 minutes or less for you to get set up with all the tools you need to start trading, slash, investing immediately. All right. You can also get two free stocks, valued up to one thousand, eight hundred and fifty dollars prior to setting up with weeble using the third link in the description of the video below. Once again, ladies and gentlemen, my name is paul and guma for pedanology lab for retreat patterns and patterns.
Only and i will see all of you in the next video you.

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One thought on “Buy the dip or wait? know this now!”
  1. Avataaar/Circle Created with python_avatars FireFly Odyssey says:

    🙂🔥👍

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