Test test, one two, one: two: what's going on team, it's ricky with tackle solutions, a quick little update for you guys. I know you guys love when i make videos about stocks that are very cheap or very oversold, also a quick little update on amc. Just so you guys know i bought a little bit on the dip uh, so my average purchase price was reduced, uh amc is still trading above the four hour time frame, uh still shooting above the four hour ema. So it's still bullish.

It's still trading above it. If it breaks below, i'm gon na have to reduce my position size, but although it's almost down three percent, i feel like i'm doing a really good job, only down a little bit under six hundred dollars so far as of right now. So i'm excited to follow up with it and i'll, let you guys know via instagram, but that's not what i'm here to talk about today, i'm here to talk about three stocks that i bought more of i talk about these stocks when they sell off. I buy the dip on them very lightly and when they begin to trade and go according to plan, i buy more of them right.

So why talk about them? If we're not going to follow up with them, and that's essentially what i'm doing in this video so uh, this is ptom pton and again in a way, is this any video any uh? Is this video any stock suggestion uh? Please understand that these stocks can still pull right on back. If you don't see value in them, if you don't, you know, have some form of risk management. Then, at the end of the day, you have no structure with what it is that you're doing, and please again it is so so essential, especially if you're someone that's just getting started. I want to explain the reason why i'm doing what i'm doing uh? Why is it that i saw value in pty in the first place right so yesterday i bought 10 000 shares of pton uh when i was trading at 97 dollars a share.

The really cool thing about this is that, as it began to trade around a hundred dollars looking at previous patterns, so looking at pt1 as found a support level around 100 before, yes, it's pulled back to 84., and that is essentially right, not because i knew that It was going to bounce at 95 97. I didn't know any of that right. I can't predict the future, but i bought only ten thousand dollars, because i can i plan to go in it with it with about a hundred thousand dollars. It's a ten percent position.

So it's like you going in with you know and trying to invest with a thousand dollars and only buying ten or one hundred dollars worth of it. So i saw there to be potential, but i knew that it was very early, so i only bought ten thousand dollars worth of it today. It began to trade above ema, so i added a little bit more and i wanted to show you guys, uh kind of what that looks like. So, oh, i guess you know the next one now uh.

So this is pto line. It shows that i'm only up 2.39 because i literally just added ten thousand dollars uh to it. So i have a total of 210 shares again a little bit over twenty thousand dollars, so i'm in it with about a twenty percent or twenty one percent uh. Twenty one percent position - uh it reduced so overall, my profit on the original ten thousand dollars was that a loan of you know five hundred dollars.

So i made five percent out of the 10 000 and i decided uh to buy another 10 000. To add more to a position, that's making me money. I see there to be a lot of upside again to kind of break down my plan when it comes down to ptom. I consider there to be a potential resistance level at sma.

I see a more common resistance level right around 118 to 120 and then the overall resistance range right around 130., from where we're at as of right now to previous estimate line resistance, that's about 10 percent uh to 118 is about 16 percent and to overall highs Of 130, that's about 27 percent, but from when i bought again that's going to be again. My original entry uh estimate line is 15, so you can see it's a little bit more attractive for me, uh 21, at that resistance and overall over 30 percent uh at 130.. So again, pton. I have a total of twenty thousand dollars into twenty percent position and i began to add more as we began to trade above the ema line on the four hour time frame, and you guys just saw my other positions - uh, it's sb ux.

Why is it that i finally bought more of sb ux uh well again, very similar setup, where this is starbucks huge company? It reported earnings, it dropped right, it's been selling off since then, like. We always talk about three stages of a reversal: rejection, consolidation. During the consolidation phase. I bought the dip and during the confirmation stage, as it's indicating signs of an uptrend, i added more to it, i will most likely add more to it up until the point until it is viewed a little bit more on the overbought side, and i will lock In profits anywhere from around 123 to about highs of 128, so from overall lows of where i bought in that uh to you know where i plan to sell realistically, it's not huge margins at starbucks, it's a multi-billion dollar market cap 140 billion.

But again it's a consistent stock. It's very bullish and i saw that opportunity to present itself, so i chose to take advantage of it. So i'm just keeping you guys up to date with my position. I have 190 shares twenty two thousand dollars.

Yes, i'm only at 439 dollars there's about two percent of the two of the twenty thousand dollars, but again i literally just bought the additional ten thousand dollars, so i was actually up four percent which out of the uh ten thousand dollars, would amount to. You know four percent out of the four hundred, so i'm excited to follow up with it uh. Yes, it's having a green day tomorrow, you can pull on back um just make sure you take that into consideration and definitely not every swing. Trade goes according to plan.

Uh, this is urban outfitters, i'm down two and a half percent, but realistically uh. I am down four percent on my position. I have a total of 600 shares and the reason say realistically is: i did buy more of it today. Um and i originally had ten thousand dollars - i was down four hundred dollars on it.

So that's down four percent, but i bought ten thousand dollars more, which puts it out or i guess, nine thousand dollars more, which puts me at nineteen thousand uh, which changes my percentage that i'm down two point. Four one percent i have fidelity just does that, but um sbu actually uh, i'm sorry, so this is gon na, be urban outfitters urban outfitters uh. Looking pretty good on the day, i would i recommend this to be a buy for any of you. Definitely not um.

It's selling off, it's still getting rejected. Ema line is still acting at a resistance level. Once we do break above ema, i'm gon na go in pretty heavy on this one and i'm probably not going to hesitate to lock in profits, even if that's at 35 dollars. If that's at the sma line at 36, or based off of previous resistance levels right around 39 to 40, my biggest focus is locked in profits when it makes sense keeping it light when it's still selling off.

So i don't become an emotional mess like you see, regardless if the stock is still pulling on back or if the stock is something that is indicating signs of a reversal. My main focus is to stay well balanced and to stay effective. I don't want to have so much money in a position that when i buy the dip that if it continues to sell off, then i become an emotional mess. But i want to have enough money where i take it seriously.

So i follow up with it and i add more when it actually begins to indicate signs of recovery and it's this nice balance that we go back and forth with, so i'm very excited to follow up with that, but um. Overall, let me know in the comment section: if you guys, like these videos, just thought i would update you guys on not only the stocks that i'm trading, but as well as the stocks that i you know, bought the dip on and why i'm averaging up into Them and when it makes the most sense right, so the the main ones would be sbux and uh pt01. So let me know how you guys think i did. I hope that earned your thumbs up friendly reminder for the trading mousepads.

I know a lot of you guys were asking if you guys are trying to pimp out your trading station. We have all these new trading mouse pads in stock, especially if you're looking for the extra extra large trading mouse pads. These just came in very simple design. They're 35 inches by 15 inches they ship outside of the us as well, and then we have that day trader, one back in stock, that's sold out within 48 hours.

If you guys want to check these out. These are available with a third link down below. We have everything from trading mouse, pads, aluminum art as well as some trading flags that literally start at 19. So i appreciate you guys time i'll see you guys tomorrow at market open for our live trading session, and if you want to join us, make sure you click that second link in the description.

Until then, like always, let's make sure that we in the year on our green now take it easy.