What's going on guys, welcome back welcome back to another pre-market watch list so today what we're going to be talking about is pretty much the earnings that happened last night and then maybe we'll look at even mcdonald's or caterpillar, or something like that um and pretty much Touch on everything that's moving here this morning, all right! So let's get ready to rock and roll here and we'll just pop this on a full screen. So we'll start here with facebook, mr mark zuckerberg flying high this morning, bud flying real high, but his net worth just went up by another 6 billion or something so you can see here. Facebook earnings crushed it from 307, now trading up to 332. So about a 25 point move now, if we look at the four hour chart.

Theoretically, we are right on resistance, so i was kind of thinking we might start with the pullback out of the gates before we continue running we'll see um on the daily chart. We're not really too overbought yet see on the daily chart. We still have some room to go so the way that this would appear is this line that i just had would be the long-term top resistance mark for the four-hour chart, and then this in here will be the daily chart. Half deviation so we'll just color code that boom boom and then the next one up here would be your next trending target for the daily chart so i'll make that guy green okay.

So the way that it would appear is when we go to the one minute chart. We have just broken over the four hour 180 day, four hour, long term resistance mark. So, for now this is kind of like what i would say is the resistance pocket where, if we can actually get through this is where you see the market run. So we got to get up through this point.

If we can get through stay above the blue get through the white dotted line here with strong momentum, then we have the potential for the market to run more on facebook, maybe even up to the 346 price. Then, if we get to the 346 price, i mean this is all what ifs. But you know at the end of the day, these are all still logical targets and if you're super lucky, you might even see it rip all the way up to here. So, let's just say it's supposed to have a really good day: the atmos target would be 370 100 at most is 370..

I think somewhat of a logical target. If this has a nice long move today at most could be really 345.. So i'm really not even looking for anything more than 345 on the long side with facebook right now and if it went all the way up to 370, then awesome, but another 40 points up today on this. I don't think so now what about the downside? So what if all of that is kind of wrong right? What what do we see on the downside? Well, on the downside, we have a support, dip that comes in here, which will probably change slightly but close enough for now at 320, and then let's check the four hour chart, and then we have a support dip here, which is significantly closer.

That would probably be it doesn't matter, but we have one here. This is a half so make that the way it should be so the way this looks is this is a little resistance pocket through this can lead to a break up. We also could just kind of hesitate here and roll down the market, and your support would be all the way down to about 324.. So let's say we failed to break out here.

Market shifts down, we could see moves to 324 and to 320, and this would be a decent bottom long zone for the day. So, as the price of facebook comes down into 324 and into 320 for the first time on the day, you would look to be more long, biased there until that bounce were to fail all right and then going into the open. We're going to be looking to be only long bias as the prices shift through this with good momentum, and then we would look to target up to pretty much this zone of 341 to 346 and as it gets there, we would be a little hesitant on trying To be long because, there's a good chance, we'll start to see some pullbacks or an attempt to pull back in that zone for the day on facebook, all right! So that's facebook, all right! Now, let's move over to apple, alright! So aapl we're pretty much going to go through the same process. I guarantee i almost guarantee that this price point right here i haven't even looked at it.

I don't even know this is the first time i'm doing my analysis on fate or on apple today, and i'm doing it with you guys. So i'm going to probably guarantee that this 139 50 give or take 20 cents top bottom or so we'll be perfectly off one of our deviation resistances. So, let's start with the daily chart, we're gon na go, let's see if i'm right. Let's see this is okay, so let's just i don't even know what the price is at hold on one second, so it's 137, so our first potential resistance point would come in about here on this line all right and then let's check the four hour.

The four hour level nah, we didn't - we didn't. I was wrong, but we were close, so we didn't actually hit the resistance mark. We were off by about a dollar, so that was the top tick kind of resistance mark that i would have for apple, and we were about 50 shy of that 70 cents. So i was off by a little bit, unfortunately, so the way that we would look at this is on the long side of apple.

Today. We would see that this. These are potential good targets up to 140 to 141 or so and then um on the downside, which we've already kind of tested. The downside would be this price point here of 136.24 and daily chart is at.

Let me remove this and remove well, that's not even going to matter because we're up a bit so yeah, don't think so. But let's say it really did have a bad day, all right, so um really right now. The objective for the long bias traders on apple is to get the price through this 140 70 - almost 141 price, because, as you can shift as you shift through 141, whether it be today or tomorrow, that's where you can have a big jump so for right now, On apple, i think we're going to be more long, biased, looking for maybe a move more towards the 140s today on apple, all right, um, really, those are the two big main ones, we'll just peek at caterpillar, really quick, not a lot of volume, mcd and not A ton of volume there master card m not or m a not a ton of volume there. Maybe let's check qcom qcom.

This could have a good move today. So let's take a look at the analysis here, all right, so we haven't even hit top tick resistance. All right, so the way that we would look at qualcomm is qualcomm has a potential move to the 149 70s. So we would change this to a solid white all right.

It has potential little dip support about here at 142, ish, something something color code, that white and dotted boom, and then we also will check the daily chart. Daily. Chart has a target prior to regression, which will be here and that is going to be dotted, and then you also have this and that would be probably not going to happen so the way this looks is you have a potential little dip support area of about 142, a first long target up to 146 30, which, if you look, is pretty much the exact top pre-market. So this half deviation is the resistance.

So through that price point is the breakout, and if you were to break out 146, you would look for a move up to about 149 on qualcomm all right. There aren't really any good penny stocks this morning that, i believe, are really there. I mean people are following btx, so this is another one. A lot of people are following btx um.

This thing is definitely i mean the momentum is strong. It's obviously a little overbought daily chart. Ttm is not dark blue. So really we haven't started much selling pressure same thing with the four hour chart four hour chart isn't even really dark blue in the ttm.

So really we don't have aggressive selling just yet um, but in the event this thing actually crashes. You could see it crash. All the way down to about twenty one dollars, so twenty dollars down is a logical move for the stock on a crash which would take you back down to like the low point of yesterday, um so overall, probably not going to do a lot with btx. It's just not a stock, i'm as comfortable trading, with the way that i trade, but, for the most part we're expecting this is going to crash.

At this point, we've hit 50s. It's pretty high, so kind of following this for more of a bearish move than anything. At this point now we will touch on the spying, which else are on nasdaq, but first i want to touch on neo neo was on the watch list. Yesterday, our recommended buy prices for neo were pretty much this bottom, almost exactly uh we'll see how close the price targets.

Actually, i think they're they're still pretty much the same. So you see this trend, see that trend see where uh see where we bounced yesterday. So my price targets were to be long neo at the prices of about 40 50., not that it was a big day yesterday, but yesterday we came right into our support and this would be a day where you would dip by hold in anticipation. The trend continues.

Higher, so let me explain so we look at the four hour chart. It doesn't really matter four hour just gives us a little bit more detail to work off of so you can see that we've been long neo it broke out here ran, and i had suggested the days that it was trading up here, that we needed to pull Back we should pull back and we'd, probably pull back down to this trend, which would be the price of 40 50.. We pulled back down to the price of 40 50 and that's why we recommend it as a long because if the move is meant to trend up - and this is just a pullback - then we would buy the pullback support in anticipation that the trend continues higher. So, as the market pulls back to trend support yesterday, we dip bought neo here and we're holding overnight looking for the stock to continue higher.

Now, if the move fails right, if it doesn't continue higher look at where our entries at our entry is the support. So when it breaks, we have a very, very minimal loss, if not any loss, because we could say it's going to go down and take it off before it even breaks support. So that's the importance of buying the support trend and buying the dip is that if the trend stops and if the trend fails, your stop loss price is where support is breaking your stop. Loss, you know, is your entry for the most point, rather than waiting for it to go up buying on a high, then it pulls back and then you're like well.

Does it hold support and then when it breaks, so you go from a loss right. So if your entry is up here supports down here, you go red red red red red, break, support, big red now, you're out versus we're entry is right here. It comes down to our entry and we go okay. It's gon na break, stop out tiny loss, so hopefully we can see this trend here continue up on neo.

All right next thing we'll touch on is the nasdaq, so the nasdaq bounced exactly where we said it was going to bounce yesterday, um, which was the nine moving average all right. So the recommendation for yesterday was if the market tries to go a little bearish. You should expect it's going to get bought up here on this dotted blue line. Bounce bounce, bounce, bounce, bounce, bounce, all-time highs all right, so markets overall are up.

We have broken. I believe this little resistance so, for the most part we're just going to recommend the price of the market is going to go up to about 348 on the nasdaq we're trading at 342. So a recommended price target of 348 over the coming days on the nasdaq. For the spy all-time highs, as suggested we're looking for a target anywhere in the 422 to the 427, so there's a five point range here: we're expecting that the spy will probably hit about 423 um days to come, we'll see, prices of 424s 426s and so on.

Uh and that's really today's watchlist, ladies and gentlemen, so i'm going to do something a little new today might be trying to incorporate this into my regular schedule. It'll be a big workload, but it probably would be worth it um, but going to try to start coming on and doing a stream like almost every day um after i, trade and take a little break, come on for a couple hours um and do some some Analysis and pretty much some live breakdowns more throughout, maybe the afternoon session um so we'll see what you guys think about it with that being said, i'll see you guys in the next video everybody take care.