Good morning, ladies and gentlemen, good morning good morning, what is it thursday? I think so, like it's thursday yup actually reminds me, i got ta check something so good morning. Everybody happy thursday uh one second yeah. So today, i'll have to be. I won't be able to stay a full day.

I have to be at my rental property for an inspection today at 11.. I will be taking off here in probably about slightly less than an hour okay, so we won't have really that long of a day which doesn't really matter um. Let me update this so today you will watch nvidia, you will watch, i mean probably six million other things uh. This is candidate pretty much.

I will just put all of these up here, because all of these are moving with some unusual volume from our scanner. So why not? Not all of these will pop off or be good, but the idea is you just find the low risk area on all of these stocks that i'm putting on here and then you go from there. That's pretty much it try to at least um. So nvidia had i didn't even spell that right, nda nvidia had a pretty good move.

Macy's had a pretty good earnings move as well. Many people still following prague so i'll just add that up there um debated following roku today, but didn't really make much of a decision. Can we buy them scanners? Uh yeah you can. It is not really just a scanner.

You get the volume system with it. Two to your chart, so it's the volume system here and then there's also a couple custom scanners that kind of coincide with this. So it's kind of like a thing in one but yeah. There's a link in the description go to our website.

It's the ultimate volume system, um on our website. So let me read a couple comments here and then we'll get rocking and rolling yeah tesla's, another one that we will watch. I haven't put that up there, but that's another one. That's really strong that i looked at today: um yeah, we're no longer sharing scanners for six trillion reasons, but yeah rob h.

Ever since i've been using your system, i'm averaging high seventy percents, so your average win rate. Seventy percent very nice um ab jan said uh ben he's a spac, so it's supposed to kind of hold that ten dollar area uh b member - i don't know if i already answered that but yeah you just go to our our webpage. What happened to the standard deviation lines um they're no longer on the chart, because a lot of reasons, uh main reason is - i have only i'm only running them on one chart now i think one or two. So here they are so my system runs really really really slow and i put standard deviation on every single chart um so now that only run them on two.

My platform no longer freezes, as often which i always knew was a problem. So i'm minimizing how many indicators and things i just have running on multiple charts, so that way, tos a runs faster and then b, which i've already covered a bunch yesterday is really just being able to watch more stocks uh at once, which oh there they are Right there yeah, when you have too many indicators on your chart, and you have small charts, you really just can't see anything. So that's another reason why so we're still running them, everything's, just kind of in the background we're just putting the major ones on the screen that are probably most significant, and why does that look like that? That's just dumb! Why would anybody yeah that that is doesn't make any sense? Okay, yeah exactly um, we watching lgvn connor. Where is your face? Cam um? It's not even needed! There's like a 90 million youtubers.

You can go follow um to have face cams on i'm. Just at this point, making my life as easy as possible. I would assume tesla is short. Squeezed cause, elon, tweeted, he'll sell.

Ten percent shorts were like easy something something major pullback alert interesting all right. So i'm gon na start running through a couple things. Um baba was well you guys, probably didn't really know of baba. Much till probably today baba was discussed in her chat room yesterday, a little bit not like a whole lot, pretty much just made one mention of it saying this could go to 160s and then 155.

155s was my max downside target as of yesterday this morning, our Next target was like 150 145, now we're down at 148.. So this could very well have a maybe even a bigger bearish day, because um baba is starting to come down below. What's called a long-term statistical mean price blah blah so anyways, you know it theoretically could be on like a bigger breakdown, but i don't think i'm really gon na chase. This move down, maybe we'll see, but you see that white line i just put on my chart.

Yeah, that's the long term statistical mean uh which you just broke through. So if i just drag this one over you'll see it's right. There you see a long term trend. So that's all that is right there, hence bigger selling pressure.

So you really shouldn't expect that bob is going to give you any sort of great long move unless you are actually back over that line for right now and everything's down. So it's a downtrending stock momentum is down, so you should really just probably track that down. Um, so yeah baba is sort of a big mover. You might be able to watch this uh not might be yeah um.

Aside from that, i don't didn't really expect this sort of move. Like i said from yesterday, i was just looking to 150, so i don't really have much of a plan. The fact that we're below this um - i guess maybe look at. Let me take another look.

Man, no support there. 180 day gap fill starts, so maybe you just look for the gap to get filled on baba now, so maybe a move down to the gap, film baba, so if you were short still are short whatever you might look to 145 at this point, but i won't Be looking for anything further than 145 for now at least yeah all right, um, let's see yeah. I would just yeah just look for baba to fill the gap. Oh still, the volume on tesla, i really wanted tesla like a gap, fill but ended up going up.

Anyway, so um you're on a half deviation resistance. Today, you're not going to really see much long bias, big explosive move until you really get through this high of 1119. So if you want to do anything on tesla you're, pretty much just going to look for tesla and actually one, i should use this chart. That's right.

I should use this one tag that red that will make our life a little easier. So yeah your half deviation price on tesla right now is actually one thousand one hundred and sixteen dollars and seventeen cents so pretty much going through. That would be your next kind of long pop, which would then take you to the previous high that was made back on like thursday of last week, so on an explosive move through your half deviation. You would then probably look up towards prices of 1187 to 1167.

So, in the event, you see a very explosive move on tesla today and it goes higher you're really just going to look up towards again 1187 to 1167. for now um yep, so those green line that green line and that dotted line. That would be your target on the break of all this, so on a successful break through this price action level, the stretch of the market would be from 1120 to well. I guess i could just do it like this, and that would be like four percent or like 47 to 50, a share um.

So i don't really expect that's going to happen myself. I kind of feel like you're, going to pull back in this area. First, i don't know, that's just kind of the way. I'm feeling i mean we ran up to here yesterday, then we descended wedge, came out pretty strong, so arguably might pull back slightly, get a dip and come through it later, but regardless i mean you pretty much know where the key levels at it is right here.

This is the true key level right there, so you see how that dotted line is right there and we're stopping right there. So that's pretty much what you have to get through so good chance. You could pull down off that this morning, okay, um! Next, one on the list which i'll just talk about is crdf, i mean these are some of the penny stocks that we're moving this morning. I don't know if you're watching this one.

This is starting to fade out. That's the half deviation support once you go through that some of this gap probably starts to get filled on crdf a bit rvn rvn, obviously went or rivn obviously went down. Yesterday, um i mean yeah. I mean look at this um you're at the negative one deviation.

So you know, you're kind of in a dip spot going up through the price of 142 is, what's actually going to lead you into more of a pop, otherwise you're, probably not going to really do a whole whole lot of breaking out there um. I think we even talked about this. We know i don't know if we talked about these prices yesterday they were a little different yesterday, so anyways uh riveon yeah, if you're gon na have any sort of cool move on that you're gon na need that to get back up through like 142 right now. Otherwise, it's not going to really do much.

That's why it topped their pre-market. That's why i rolled down off that so right, there yeah that 142.. So unless you actually go through riveon's 142 you're, not gon na really see anything too special for right now, um. What was the other big one? Everyone lcid from yesterday, so um, you know, lcid dropped down to where lcid was supposed to drop down to um, so the price targets we gave you yesterday were pretty much that um so yeah.

Yesterday we were talking about lcid, dropping out to the negative or sorry not negative three, but i always think negative three when something's going down, but it's just positive three. So we were talking about uh yeah lcid, dropping out to the plus three, which is the blue line, which is right there that did that um, the other one we talked about was the uh neg4 got darn it not neg4 positive four yeah that one, so the Other one was a positive four. We talked about that. We did that first, so we said first you're going to look for the the purple, then you're going to look for the blue and now we're done with the blue, so in this instance you're, probably well.

It already did that i was going to say, you'd be looking at a bounce, but it already did that you'd be bouncing back to the half. Deviation uh resistance to essentially keep the downtrend going. So if you look at lcid, that is also at 42.. I already said that i think yeah, but what about the daily chart daily chart is here yeah.

So when you zoom in on a lcid here, i mean that's pretty much what it looks like right. So let me zoom out maybe on like a 30 day 10 minute. Let me take the v web off, that's kind of annoying when it's like that so yeah. Yesterday we said first, you watch down to the purple and then you watch down to the blue and the blue, i think, was yeah blue.

Is there obviously but um and then you'll see this morning it bounces from the blue to the dotted white. So you you don't have a breakout or your stock isn't going to give you a breaking out sort of long bias. Move that your brain psychologically is. You know um attracted to right.

So when you think in your mind of a nice long move right, you might be thinking of something like that or like maybe this sort of breakout that you see here right. That can't really happen, though, unless you actually like surpass all of that: okay. Otherwise, it's just a bounce back into and probably resistance at or you just continue the downtrend and you snap through the blue, which is also another pretty common occurrence, so um yeah lcid. I don't really see probably the best trading activity there.

I could be wrong um, but for now i think if you're going to be long biased, you really just look up to the price of 5138 uh. I was right about sava. I don't even remember what i said about sava, but sweet um yeah. So if you're in the course i just added a section yesterday, it should be all the way at the very bottom or did i not publish it? Maybe it's still in draft mode on accident.

So let me just double check hold on, but i did post a uh, a new section in that course, and it's pretty much just gon na be like uh, not even necessarily daily recap. But just you know there are days where you're sitting in the market and you see a stock, do something crazy like oh, i didn't recognize that or i did recognize that and you kind of need to archive it so kind of just creating this section so that We can, and the other thing too is because we use the standard deviation which um uh yeah. It's still in draft mode. That makes complete sense.

There we go publish, so it should be active now, yeah if you were looking for, you might have not seen it yesterday because i didn't actually. I was sitting in draft mode, my apology, so it is fully in there now um and that was on 11 18.. So yeah and the other thing too is we use uh standard deviation and that changes basically minute, but i was a minimizer, but just in general, the standard deviation does change, so the setups that you're trading today right. So so what i told you yesterday on lcid was that the market should eventually like pull back to the blue line right in a downtrend you'll pull down to the blue line, all right that happened five days from now.

The blue line here is no longer going to be priced here. It could be down here, it could be up there. So the setup and everything that we analyzed for yesterday on lcid to work this market down to here is no longer going to be relevant tomorrow or three days from now. So this setup you you theoretically, could not actually learn from um five days from now.

You kind of could, but so that's what i'm saying is you literally can't teach this in hindsight 2020.. It's not possible right. I can teach you how to look at price action in hindsight 2020, but i can't teach you how to look at this in hindsight 2020, because it doesn't work. It changes.

It's ever-changing right, just like the market. The market is an ever-changing ebb and flowing system of pricing. The standard deviation is a consistent ebbin flowing statistical deviation of all price fluctuation. That's happening so as soon as the price changes more.

This changes more so it so again that's kind of a little concept. It's got to be archived, so i've made obviously 36 trillion youtube videos, so you can always go back and learn from those um, but inside the course there there hasn't really been any quick snippets on a lot of these things. So it's really easy for me just to kind of go through make a quick snippet of something for a day post it in there, and so that's what i'm trying to get a little bit better at doing myself too, but anyways. We did that.

So that's kind of something a new section in there for those that are already in um, so yeah regarding tradingview standard deviation, like i said, that's going to be pretty soon. Actually it's to the point where we could probably have it done like very quick. I just i'm kind of getting a little slow and that really just is um programming in some times and stuff, but yeah so that'll be very soon um. I really don't know what i want to trade today.

I look. I knew i was going to probably trade roku yesterday and i knew lcid was probably going to drop out today, but today i just really haven't: haven't finalized anything. So, yes, i do have to leave at 11. So it's not like.

I really have to try too hard today. Um one trade plan i did make earlier was see. It was short fcel. That was a trade plan.

I had earlier still sort of intact. Um i mean i make up a thousand plans a day. It just depends on which one i actually want to try to trust and follow, and you know go in with that was one quantum scape was another one obviously been following that part of me kind of felt, like quantum scape, was still going to go up for Some reason, but maybe we're finally getting the weakness we need to to roll them, so that might be the one of the plays for me today is just being bearish on like fcl, that's something i was considering: yeah uh scv yeah there. It goes through 46..

So we talked about that one earlier, so you kind of already popped up there a little bit, so you are into more of a pullback now so yeah you're kind of looking at like dip, buys for that specifically hmm wow. They are still cranking and banking. Hmm! Well, i'm going to take a second just kind of re-run through yeah run through this scanner. Here, yeah crdf still slide in hmm yeah.

I mean that one probably is already too late. So there goes tesla. Remember we're saying tesla probably sell down off the dotted white line. You know dotted white line, tesla sell down something else that kind of looked interesting earlier.

Was the airlines was kind of considering the airlines for a long play? That was another thing i was watching, but this is the second attempt at the downside bottom, which a lot of times can show direction. Yeah, so just don't don't know something else i was watching was dwac. This was yesterday. This might also be another one.

I just kind of follow for the day um this was this is obviously you know what it was. What it is i feel like this can give us a good drop or like we're close to dropping out on this and, if not, then obviously it'll eventually squeeze right. So to me it seems like the likelihood we see. Dwac, try to go down is pretty high when the implied volatility is higher than the likelihood of smashing through deviations would be higher right.

If implied volatility is higher, then the likelihood the stock can see. A more volatile move is higher, which therefore right it just yeah. So yeah uh long bbi g um your long play on bbig right now. Your breakout is gon na be through 407..

So that's where your breakouts at um, you know on like the four-hour chart you're at the negative one deviation. Obviously the trend is still down. You haven't really crossed back up so you're in a downtrend um, but you can watch it for the change into an uptrend sort of an interesting stock here. Arq pattern looks pretty good recent.

Whatever you know, it's probably more of a swing trade stock than anything, but dwac is getting absolutely well. It started getting clapped to start this morning and well fcel and it's starting down. I figured fcl was gon na on the breakdown, like probably go down to like the price of 9.98 like minimum, so watching fcel down right now, i figured 998, which is right here - was a minimum right there, so that green line well soon to be green. Wait: yeah wait what why does it make sense? Where is it i don't even know? Maybe it's the wrong price 992.

Oh there it goes like tos was just updating super slow, so yeah fcl just dropped out to kind of the price. I figured was going to be a minimum today for fcel, so it did that and um yeah. I mean that was kind of one of the ideas um so yeah if fcl actually goes through like that dotted line, that's where additional momentum will pick up on the downside. Also, the market's getting a little clapped right now: um sad, let's check dwac dwac, still just kind of hanging out um fcl rolling a little bit check on some of our other guys here, c-a-l-a hold on to get my trade ideas.

Guy going hyaday, momo scanner is pstv and a couple others eglx kind of has like a bull flag in this bottom. Almost yeah agtc a little bit of momentum here, decent, so i-s-u-n pulled all the way back luv. Staying down, roku big pop back up kind of figure that wasn't really gon na be a bearish move. I wonder if roku just gets goes right back up.

That would be interesting, so tesla ended up selling off that 115, whatever price lg vn on the scanner. So obviously picking up or moving um, this has some pretty high volume um right now, you probably don't look any higher than 484 to five yeah 44 497, and it very well might retrace back down to like the price of 417-ish. Here it might have already done that i'm just kind of getting around to doing the analysis after the momentum triggered off. Oh there's that one too and down here yeah, i mean your pullback support right now.

For for this, would basically your pullback would be into like four 18s. You know 410. 401. Sorry interesting! So yeah, like i said, uh lgbn, you won't look any higher than um yeah up to about four or five still watching this dwac i mean there's not a ton of volume right, it's just kind of hanging in there.

It's just to see if any momentum does eventually pick up on the downside, since we kind of started rolling that direction so far. Today, that's a pretty bearish setup hasn't really snapped down. Um yeah, not really enough selling pressure to take it out. Yet we already covered bbig so you're starting to see with bbig um.

That was a pretty decent volume there. So if they take out bbig they're going to try to run it up to about 4 420 here 418 off this push yeah, i mean you're kind of you're trying to get over the um. Excuse me, you know bbig you're, trying to get over the negative. One deviation so if successful here you could see a nice move from bbig, which i mean we're already through it so like it's, it's just more or less of it's just kind of like sustaining bbig at that point.

Hmm, not bad. Okay, well, uh yeah! So that's kind of bbig. You can see bbig almost made up so that white line there like we're, saying you kind of go through this yellow line. You should probably go up towards that white line now, obviously going through the white line area can lead to a bigger move, but you know we'll see i mean that's, you know it's another, that's another thing.

Does anybody want to be a hedge fund manager? I mean theoretically you're supposed to use five ten percent of your account on a trade, no more, maybe fifteen percent, if you're feeling a little spicy. So if you have a three thousand dollar account: ten percent three hundred 5 150 and uh yeah, that's pretty much uh! Pretty much how it goes so like right now with uh bbig, you know if bbig pulls back, you want to see it hold 405 and then come up and take out 420 later or just go straight up through 420. That would be cool. But you know at this point: you might be looking for a pullback to support 405 at this point and then you look for a dip long off 405..

What time is it 9 42. um dwac going up so not going down, which sure i mean you are right down on the previous dip, but yeah we'll see about that. Champ we'll see about that lg v and lg, the n lg vn! Oh well, do you know it went up to went to 477? We gave a max target of 484 on the upside for right now, so you just hit the upside target. So if you see some selling pressure, don't be surprised and then the market's going to yank.

You back down to 430s to 409s because that's where the that's just what's going to happen, probably i mean maybe not, but you get the point right so you broke up you hit upside targets. That would be your pull back support next, but so far the dips getting bought really good on there and the volume is really high, so dips are getting bought so far in that play, i o and q, so that's probably still making a move up. Yep bird all bears oh yeah, that's right. They were moving the other week.

Up again they tried it looks like yeah. Maybe so, if you look at fc y'all remember, i was saying fcl. It seemed like a guaranteed move down to that that dotted white line. So you see, i moved down to the dotted white line and it's where it's just kind of chilling for right now, um.

So sometimes you can kind of play a scalp like that. Really yeah, there's not really a whole lot of downside, but i'm pretty sure it's just going to go there. So you could just play that small little move, which in this case was about a 26 cent drop uh. What happened to bbig um, so bbig popped up, bbig is pulling back.

Did it get back down to the level we were talking about? I mean theoretically, it might not go to the yellow, because you have previous high swings like all right there. So really pulling back into this level is where some, where yeah people are going to be looking to add long on the dips to, hopefully continue pushing bbig up and hopefully through 419. Really, the true objective would be bbig up and through well hold pullback. Here then, through 419 and attack um up to 439, that would be sick.

That's really like, if you're actually trying to do something cool. That's what would happen if nothing cool is going to happen. Then it's just not going to go through 420, but through 420 pop you know, could definitely get things spicy up to about 440. So you'd, basically just you know, add the dip if it works and it goes up and breaks, then you hope people chase it from here up into 440s.

For you so again, there's bbig pull back all the way down to the yellow line, as we suggested it was probably going to try. Oh, so you see how uh, what's it called did not actually hold that level, so you see how that aggressive candle is coming in there so and you got additional selling pressure so so far. That just means that market was un as well. Just could not sustain.

It's basically its breakout point that it just just did right, so it broke above and pulled back to and did not hold. Just an fyi now obviously could come back. Reclaim that's a discussion to be had for sure, but as of right now, yeah that did not did not hold the level it needed to for the time being. So you can see you know an attempt there.

I mean market tried to get back up and over, but still not quite still trying so across the board. You have lvgn still hitting the scanner so again could be of interest to some when pullback w-e-n uh, maybe i mean yeah, i could see a w-e-n pull back sure uh. Let me take a look at them, not not entirely sure uh, yeah m explosive move off earnings - um didn't really get to covering this one today, but i mean how they were here. Um, you know maybe max target for the time being, is up to 38 70s right now.

You might look for your pullback to come all the way down to about um 36.50 and try to hold or sustain there uh market right now. Spy is rolling over starting to come down um. Nonetheless, i'm gon na get ready to roll out. I got ta go like i said to that inspection um, and it's about a 35 minute ride for me so uh.

Nonetheless, i will catch everybody back and i will see you guys tomorrow morning, friday, bright and early.