So Market is finally indicating signs of an uptrend, but will it hold what is going on? Team it is. Ricky with Techbook Solutions Hope that you guys are all having an amazing Wednesday Let's go ahead and talk about what exactly is going on. I Announced two days ago which was a little early obviously about one of the Swing trades that I wanted to take and that's on Tqkq. I Saw the overall Market to be very, very oversold.

It began establishing signs or showing signs of a support looking at previous patterns even on the one hour time frame. Very easy to see oversold and overbought levels. I Decided to take a twenty thousand dollar position today I added more to it. If you're part of my Learn Plan profit group you would have seen in today's live trading session that when we broke above leading up to even breaking above, the EMA I was adding more to it, adding more to it Again, Direction was in my favor.

but one of the things that we're talking about is progression and momentum and again is Direction in my favor. are we actually making progression? And that's exactly what we finally saw shortly after the Consumer Confidence and the existing Home Sales Report. So right now we do have that resistance right around 1880. Uh, not really much of a surprise if you look at previous support levels.

We also talked about this during our live trading session. so if you're wondering, why are we struggling going to break above 1880, it's an old support level and old support levels become knee resistance levels until we break above them and vice versa, right? So as of right now, that's the first resistance. and then it's 19. And then it's going to be 1950 as we've seen based off of previous patterns.

But let's talk about what was released today. Now, this is not the Christmas mystery box. other than there's only a few left, right? It's only fifty dollars. You can get a mouse, pad, notebook, a flag, and a t-shirt all for only fifty dollars.

But let's go ahead and talk about uh, the existing home sales. Existing home sales actually came in lower than expected, meaning less homes were sold in the month of November. Now, why is the market going up Because of that? News expectation was 4.2 million in comparison to 4.4 million. But we actually reported 4.09 million.

So actually a significant amount less than the prior Uh report at 4.43 million. And the great thing about that is that again, the Federal Reserve wants the economy to feel the pressure and that's exactly what that shows. Now, the Consumer Confidence report that's a different story expectation was 101, but the actual reporting was 108.3 But again, what's more important, definitely existing home sales. So existing home sales again causing the market to go up today.

That's probably the headline that you should be seeing throughout all of different you know, stock market news reports or anything like that. It should be that type of Uh headline that should be covering and causing hopefully more buying pressure for the market. Again, we're very oversold. It was very to see.

Based off previous patterns, we're at oversold levels and that's exactly why we prepared for that swing trade. Not because it was guaranteed because nothing's guaranteed. there's still a risk with buying early, but that's why I bought with a fraction of what I normally trade with less than 10 percent and a good way to be able to manage your risk is to manage your position size. and I'm so grateful that I was able to share that um, you know and make that video.

So we just are starting to break out. uh, if we break above 19, I'm only going to add more to it I am day trading with a portion of my position. Uh, but now that we are above that one hour I feel more comfortable holding a little bit more than just twenty thousand I'm probably gonna hold closer to a hundred thousand dollars uh, worth of Tqq leading up to this overall reversal and then I'll add more to it as we break above these significant levels. Uh, especially that moving average again.

I'm very excited there's overall again. This is a goal a goal to work towards, not something that has to pan out exactly according to plan to. The moving average is around 8.65 from where we're at right now, but the overall goal for me is right around that 24 to 25 range and we still have the 28 margin on Tqq. Remember this is what I Trade I'm not going to be like other people on.

YouTube Just Because I trade something does not mean that you need to. The goal is always in advance to prepare and to seek opportunity even prior to a reversal. Not because you need to buy it, but because you need to formulate that plan. So when the opportunity does present itself, you have a plan of action, right? A goal without a plan is a plan to fail.

and the quicker that you end stand that I think the better that you will do in the stock market. So I'm very excited to follow up. I Hope that I earned you a thumbs up in this video and again. I Trade Live every single morning right at Market open.

So if you're tired of guessing, uh, of missing out on opportunity, you don't know what to do. You feel lost. Maybe you're part of other group chats. They show you profits, but profits mean nothing if they don't explain to you how they got it right.

Imagine being able to watch me buy a stock every morning, sell a stock, right? Share my thought process on my green days, and share my thought process on my red traits, right? The idea is to understand why. So when you're put to a similar challenge, you know how to overcome that challenge, right? But you can't experience that just by looking at other people's profits. This is where the value is from our live trading session. So if you've ever wanted to watch me Trade live and you're ready to kick off 2023 by not guessing anymore about actually understanding why and when to take a trade again, The second link in the description is our Learn Plan Profit Group.

They are the only group they get to watch me trade live every single day with our daily live trading session. Our A2Z video Lesson Library designed for complete beginners, our private Lpp group chat where I post updates on what I'm paying attention to and where the market is going and of course access to the tech. but HQ which is my 7 000 square foot facility located in Chandler Arizona All of this, not just one of them, All of it. I Offer one thing and this is it.

Learn Plan Profit 2.0 It's a one-time payment and yes it is Lifetime access. So if you're ready to kick off the new year, the second link in the description is offering the biggest discount that we offer and that is a hundred and fifty dollars off and you can watch me trade live as soon as tomorrow and so forth right again. We also are doing our Christmas giveaway. We have two more gifts to give away and that is the brand new PS5 and the brand new iPad We already gave away a drone and we already gave away, um, the Beats headphones.

There's also the grand prize of two thousand dollars and if you want to enter to win again, all you literally have to do is click the fourth Link in the description and for every one dollar you spend, it equals five automatic entries. We also do have this Christmas mystery Box. Just like you heard me talk about, it's fifty dollars. Think about this.

a mouse pad is thirty dollars, but in this, there's a mouse pad included and there's a notebook, a trading flag, and a t-shirt right? Some of our Wall Street uh, t-shirts that you can see here and then some of our flags that you can see here. So you can buy a mouse pad for thirty dollars or for only twenty dollars more. you can get all four and again, this is for a limited time only. It's called like Christmas mystery Box and that's at Shoptechbutts.com It also does earn you 250 automatic entries towards our Christmas giveaway.

Imagine buying a mystery box and also winning the giveaway I Appreciate your time, Hope that earned your thumbs up. Please consider subscribing if you have any questions. You guys know how to reach out to me and that's going to be via Discord and that's that first link in the description if you want to make sure that you follow me on. Instagram I Only have one account I am verified all the other accounts are fake and that's that third link down below the trading platform that I'm using is the Weeble trading application.

It's free to everyone in the US and if you deposit one dollar by using my link the fifth. Link In the description, you earn up to six free stocks. You earn Six free stocks. I Win One free stock.

It's a win-win I Appreciate your time like always. Let's make sure that we're in the year under Green now. Take it easy. Tim.