So i wanted to show you guys, zillow uh, sold off yesterday due to earnings right and i decided to buy the dip, and i am up over 10 on zillow's stock. I went in with 150 shares, which was a little bit under uh ten thousand dollars. That's about a ten percent position size as i intend to invest over a hundred thousand dollars into zillow stock uh, so with just buying it yesterday and today alone, i'm up over 10 958. I want to share two things with you.

I want to share with you how i found this stock and the second, what i plan to do with it, how i plan to trade it what's been on team, it's working with tackbot solutions and friendly reminder right, if you guys have not subscribed to the youtube Channel i upload new videos every single day, so make sure you drop a thumbs up and make sure you subscribe. One of the first things that i want to cover is: how is it that you can come across stocks like this well on the weeble trading platform? One of the things that i like to do on a daily basis is you know: people are always looking for the the biggest runners right, the stocks that that are the most. You know trending stocks. I like swing trading stocks.

I definitely like day trading, but i definitely like swing trading. I would say a little bit more. I like swing trading, blue chip, stocks, you're good quality companies. Mozilla was just a company that i'm very familiar with, as i am an avid real estate investor, but when it comes down to this little markets, tab on the left hand side.

One of the things that you have access to is the top gainers and top losers and zillow during the aftermarket hours, which is actually a selection that you can select uh. Well, you know weeble itself will filter out any of the top losers aftermarket hours, but vice versa. Let's say you don't like top losers, you like to focus on top gainers, because that's your focus, that's your intention! All power to you again. You can make the adjustments during pre-market aftermarket in the past five minutes the overall day, the five minute uh the overall month and weeble will allocate that with just this tablet one.

So i find that to be very, very useful. On top of that, you need to be aware of when companies report earnings right, and that was just something that i was aware of. I tend to follow up with zillow from time to time and because of what they announced because of this big drop and what was shared. I saw that it was down over 27 yesterday.

So now i want to talk about now that we talked about how i found it. I now want to talk about how do i plan to trade it you know like i'm up 10 on zillow. Am i going all in now like what's the plan right? Am i going to buy another 90 000 worth of zillow uh. Here is how i plan to trade it one of the things that i love to remind you is just because i'm doing something does not mean that you need to follow.

I just want you to understand the why, behind what i'm doing the thought process behind it, so one of the main things i like to focus on is like i said i like to focus on stocks that are normally very bullish, because it's much easier to make Money off of a stock when the direction is in your favor, but zillow has been struggling for the past. I would say almost a year. You can see that it peaks during the feb uh february of 2021 and it's been making lower highs and lower lows. So we can't expect zillow to make a full recovery.

That would be a little bit more hopeful or can't really expect to make that recovery anytime soon, but it normally tends to validate the ema line as somewhat of a resistance level. As this thing sells off, it tends to recover to some point right yesterday was, in my opinion, an overreaction zillow announced yesterday that they are cutting back or therefore letting go of 25 of their workforce when it comes down to their home buying program, everyone begins to Freak out, but you need to understand, like zillow, was in this market when there was one of the strongest bull runs in real estate right and they had very small margins, and their focus was to try to predict six months ahead now because of this very strong Bull run that we just experienced, meaning that you know i'm sure you guys experienced it or at least heard of it where real estate houses or real estate prices we're going above above asking price. This is very difficult for zillow to compete with now six months. Moving forward because we don't know if we're gon na have that same type of momentum and or if demand levels will pull back right, so it makes sense on why zillow is holding back from that home, buying program right and letting go of 25.

Yes, it might be viewed as a negative notion. I viewed it as not such a big deal um, and that is why i was paying attention to it. So now, let's talk about the position size. I went in with a 10 position size and when would i like to buy more right when, when is the right time to buy more again, this is my plan.

So the reason i only went in it with 10 was not because i i could predict that it was going to go up ten percent from what i bought. If i knew it was gon na go up. Ten percent from when i bought, i would have bought in with a hundred thousand dollars right. The whole purpose of me, going in with only ten percent, is to manage and mitigate risk.

I went in because i viewed zillow to be a decent deal, but i knew that zillow was selling off. It was down 20. Yesterday it was down nearly 30. I know that zillow can still sell off.

It can still continue to dip. So why would i go all in into a stock? That's still selling off it just doesn't make sense right if i'm so certain, if you're so certain that a stock is going to recover, then challenge yourself set alerts and wait for that proper indication of a reversal. Right, if you're so certain that something's going to recover, then challenge yourself to wait for that confirmation. So all i'm waiting for is for zilla to actually begin to indicate signs of a recovery of an established support level right sold authority.

I wanted to establish a support level and then i want it to begin to recover. It doesn't need to do it quickly. It doesn't need to do it within a very short period of time. I'm patient and i would love to slowly average up into zillow.

So the first step would be breaking above seventy dollars a share, or seventy two dollars right actually indicating science of an upstream. The next step is then breaking above the ema line and or getting close to it on the four hour time frame, as we have broken above that right and then, as we approach the moving average, then getting ready to lock in profit. So from overall lows to overall highs, there's again nearly 40 margin, which is why i viewed zillow to be so so attractive. I don't expect to make 40 percent, even if i make just half of that, i'm not a perfect trader.

Why pretend to do so right? But right, why pretend like you're gon na have a perfect trade? If i have 40 margins to work with, i don't need to buy at the lowest price point. You don't need to buy at the lowest price. You don't need to. You know average up perfectly.

You just need to make sure that you make sense of every action that you take and that's all i'm going to be doing is i have these effective alerts if it breaks below as it 100 can, so i stay updated uh. I still only have a 10 position size and i'm not going to buy more until we get higher highs until we have a like confirmation of us established support, and then we begin to work our way up and then, if we begin to break break above 72, I'll add another 10 to 20 percent, so i'll be in with anywhere from around 20 to 30 thousand dollars and then, as we get closer to the ema line, i can be in closer to 50 000 and then from there. As we then begin to approach the uh moving average, i will then either need to be as close to 100 000 as possible and or, if i'm only in with 60 or 70 000 by that time, due to the way that i average up, then so, be It right the goal is to be in with a hundred thousand dollars and to average up effectively, but i'm not gon na force a hundred dollar entry. Just for the sake of having a hundred thousand dollars into a position, it needs to make sense.

The direction needs to be in my favor and i wan na stay calculated and effective and not just be impulsive and hopeful, and i'm sure that makes sense to all of you guys. So you can. Let me know in the comments section what you think about my plan. I only want to buy more and add more to my zillow position when it begins to indicate signs of a steady uptrend.

I have 40 margins to work with just for it to recover to the moving average. Not previous highs, not all-time highest, just the moving average. I have so much margin. I don't need to rush the process.

I don't need to rush into it. You don't need to rush into it, allow the opportunity to present itself if you're, that certain it's a challenge right. It's challenging you to stay patient and that's exactly what we're going to be doing. I'm challenging you to stay patient with any opportunity you choose to take advantage of, so you stay effective and, of course, efficient.

So we had an amazing live trading session today i don't know if you've ever watched me trade live, but i do want to encourage you. I would love to give you access to tomorrow's live training session, and all you have to do is message me on instagram, so my instagram is down in the description. It's the first link in the description and just message me. I want access to tomorrow's live training session and i'll send it on over to you.

I respond to all of my direct messages via instagram, so i really do appreciate you guys this time. I hope that i earned your thumbs up. I hope you learned something new and if you guys did, please make sure you subscribe until the next time. Like always, let's make sure that we end the year on a green now.

Take it easy team.