Hey everyone all right, so um, i thought i'd do a little recap on sopa today up uh right now, a little over 200. It hit a high of 13.48, which is no doubt impressive. I mean that's a that's a really nice move. So this one we talked about pre-market, it was uh on the watch list.

I wasn't sure you know how i was gon na do on it. I did manage to catch a few trades on it. I was uh not as aggressive as i could have been, because i didn't have any profit going into the open and one of the rule of thumbs that i have had no gappers, no trades, and so i i didn't have any profit going into the open. I didn't have a gapper that i was super focused on and that was partly because uh sopa sopa going into the open it was kind of choppy.

It pulled back quite a bit, i'm going to log into the chat room here and show you our scanners from this morning, so for those tuning in on youtube. Thank you for tuning in. I want to do this little recap of sopa today kind of break down. My trades on it - and i thought i would also um remind you of two things.

One is always this broadcast is for educational purposes. Only trading is risky. My results are not typical. If you're a beginner trader, you should assume you'll lose money.

With that assumption in mind trading the simulator before you put real money on the line and don't trade with money you can't afford to lose. Secondly, i want to remind you that our holiday sales are currently underway, so, if you're interested in learning more about the markets - and you want to specifically learn the strategy that i trade, which is a based strategy, this is a great time to join the warrior pro Membership, which will give you a year of access to the chat room which is uh over here a year of access to all of these scanners and a year of access to our breaking news window right here. Breaking news feed a year of access to the warrior. Starter course, which is an introductory day trading course, a year of access to the warrior pro small cap course, which is 20 chapters, advanced strategy, development plus access to these elective courses that you can watch as you'd like you'll, also get access to weekly mentor sessions or Actually daily monday through friday, so it's a great time to join.

If you haven't already so we'd love to have you guys check that out, uh and now, let's jump back over to uh how i started this morning so every morning starts the same for me. I look at my gap scanner, so i go to scanners and then ross's top gappers, and that's this window right here and sopa was our third leading gapper. Our first gapper was canf at 88 percent gap and i said that i was not very interested in it. I thought it would be a bit choppy and it really was.

It didn't give us a lot of opportunity today. I didn't take any trades on it. Drg was our second leading gapper a little odd, because this had a um, interesting shareholder, alert um. This had a buyout on it, so the buyout was 24.25 per share, so initially it pops right up to that level.

However, reading a little bit further, it also included um uh estimated at five dollars and sixty cents per share valuation uh that that they would get shares of uh shareholder company shareholders will receive shares of this new company for the current implied net asset value. So a a little bit confusing anyways. It did go a little higher, but i didn't trade that one either and the next one down was sopa sopa. So this one i mentioned this morning.

You know: okay, i'm familiar with the stock. Last month, uh, it was early november, it ipo'd - and this thing goes from 15 bucks to a high of 54.. The next day it opens lower and then squeezes up to 77 a share. It then pulls back and on this day here, uh the end of november.

It sells off hard and then it's just sold off for the last couple weeks. Today it was gapping up now i was a little unsure about the catalyst announce this addition to the russell 2000 index. So i, like the s, p 500. It's an index of small cap uh.

This is an index specifically of small cap stocks. So i thought. Okay, that's um! I don't know interesting, but i don't know that that's really enough to warrant a 200 move, but it's interesting because out of all the companies that could get added to the russell um 2000, it's just a very recent um. You know new company.

So i guess that was uh considered bullish anyways. So then we're looking at the pre-market chart and um i'll make this full screen for right. Now, i'm going to clear out all my lines and we'll just go back to basics. So um start really the very beginning of what i was looking at this morning, all right so this morning, i'm watching this and i said all right well, this is our pre-market chart right here, we'll go to pre-market before the bell rings put on this time frame.

Also so i've got on the left uh the one minute chart here, one minute: this is a one minute time frame. This is a five minute. This is the daily chart down here, and this is a 10 second chart which usually is just as for like very current price action. So i looked at this and said all right.

You've got a pre-market high up here of 6, 21. and man. Look at this thing at four in the morning: it goes from 345, all the way up to 620 and basically all the way back down. Then it slowly rallies back up.

The cell volume was pretty high, though slowly rallies back up to 526 and it pulls back and it kind of pops and pulls back right around here at 510, and then there was this level here at about 488 free market right before the bell. It popped up to 488 and i know some traders were talking about entries down there below v wap. At that time i was like i don't know guys, it's got red highest volume. Candles are red, i'm i'm not sure, i'm seeing it.

I said if it breaks 488 i'm interested, then it needs to break 510, then 526 and then we've got room back up to 621.. That's all the pre-market chart. Now the daily chart gave us some interesting levels as well. We had the high of this red doj, a green doji.

There 1633.. We had this candle here of 1240 and then we had like 1017 and another one down in this area. So a couple levels that were sort of interesting. I wasn't sure that any of them were super super significant, but you know a couple levels.

Nonetheless, all right, so the market opens and in the first candle it pops up a little bit and i continued to say all right. You know 488's the spot to watch. It goes to 488 and halts up at 5 20. and i was like god, dang it.

Well, i didn't trade it i didn't get in. I i kind of was hesitating. I i was concerned in the first few minutes about a possible pop and drop, so i just left it alone. I didn't trade it so it basically goes straight up to 520 and halt's going up on a circuit breaker all right.

So that's good, but you know it's a bummer that i missed the whole thing, so this is. This is a 10 second chart also for what's worth so. This just shows you basically that this stock went from four dollars to 8.69 over the course of about one. Two three altered there at twenty and four five: six seven altered again at six: twenty, two: eight nine ten eleven so about eleven second candles so about you know less than two minutes of actual trading, but across uh about half an hour of halts, because each halt Was 10 minutes long, so there was a 10 minute long haul at 5 20..

It resumed at 583 approximately and then ripped up to another halt at 6 22 halted for another 10 minutes, then resumed and halted up again: 748 halted for another 10 minutes and then resumed here and squeezed up to a high of 869.. So i mean it was like straight up: it was really pretty crazy. It was impressive uh. So the problem for me was that i just felt like i was chasing it because it just kind of went straight up and then it halted coming back down and then that's when i began trading it uh on resumption from this halt down uh i got my First, trade on it and i lost.

I got my second trade on it, which was a dip below seven, and then i started actively trading it once it broke over 750. We got a halt up right there, so i was long into that move up to 785 resumption squeezed to nine pulled back. We got a false breakout right there. Where it popped up, dropped down, then it rips up, halts up again pulls back a little bit.

Then 950 watch the break at 950., now watch the break at 10.. That break of 10 was nice. It squeezes halt up, hits a high there in resumption dip and rip back up to 12 and that was kind of our high water mark for a while. So that high water mark was right here and then we pulled back a bit, we squeezed a little higher, but on lighter volume, and that was when i stopped trading for the day right there.

That was my last trade of the day hit a new high. But on light volume i thought that that was too risky. It then pulled back. It did rally back up between like one and two i didn't take those trades on it, and now it's pulled back a little bit to 10.

uh, based on the way. The candle closed on the daily it has a high of 1240. So sorry, it had a high of 1348 so it broke through that level at 1240. So i can get rid of that line and get rid of this line because it broke above those levels.

Get rid of this line and get rid of this line. Our next resistance on the daily chart is 16. 33. I don't know that this is going to be a continuation setup into tomorrow.

If it holds the volume weight, average price, maybe kind of choppy, didn't think the news was like super super strong, but we did get a pretty decent move out of it. What's great is that we had a stock that went up 200 percent today. That's that's the best part, so we ended up getting some nice momentum and that was on soba. Now we also had aerc, which was interesting.

I made a thousand bucks on that similar daily chart. Ipo goes crazy from 40 all the way up to over 110 dollars. A share then pulls all the way back down here and now right. There first k first candle uh kind of making a new high.

I guess high volume and it made a pretty big move today, but the spreads were bigger. It wasn't easy to manage risk on. I traded with a smaller size, and so i only made a thousand bucks on it. Anyways that one uh i wasn't sure it was really going to be easy to trade, and it really wasn't.

But of course trading is not easy. Trading is risky and my results are not typical, so just reiterate that but anyway, so those were the two that i traded today. Overall, we did get some good action. I saw the auvi halted up, so this one kind of kind of crazy it halted up, dropped down, ripped back up and then dropped back down.

I don't know i just wasn't sure about that. So didn't touch that one sopa all over the scanners. So this these scanners are what i use to find stocks to trade every single day or your pro students have access to the same tools that i use. So i encourage you guys who aren't already warrior pro students uh to take the leap and become a student.

So we've got our holiday specials going on right now and hopefully we'll see you in the classes i'll be doing my morning broadcast tomorrow. As usual, we haven't had any really really awesome mornings of trading the last like week, or so you guys haven't been able to see me kind of uh do anything kind of impressive when it comes to my own trading in the mornings. But you know it's just the luck of the draw some some days. We get really good action early other days, it's a little later in the day and just been a little later, the last week so anyways, that's where i'm at.

I hope you guys uh had a good day, and i will see you back at it first thing tomorrow morning. All right i'll see you, then you.