What's up? Welcome back to Small Cap. Recap everybody, how are we all doing? My name is Trader Bryce and we are about to get right on into the charts that we're seeing. The market is finally finally showing some signs of Life All it took was a 10% bounce on the Spy to make it happen. But here we are.

Spy is going absolutely crazy. In fact, that's the first chart we're going to get into because what an insane bounce we've had. Um, and there's really not much more to be said. and that's actually I think why we're seeing so much of this action in the Small Cap world.

And yeah, let's get right on into it. Uh, switching over to here we go. All righty nice. All right.

So yeah, Spy is right here. An absolutely insane Bounce From basically 409 up to 4 51 without a pullback. Um, it did consolidate a little bit at 430. I Was expecting at the very least I was expecting more of a tap to this 430 440 resistance level.

Maybe a dip back down to 420s and then some kind of push. Instead, we got some data the other day and I don't remember exactly what that data was. Uh, maybe inflation at its lowest point CPI or something like that. Uh, at its lowest point and that gave the market like a 1 and 1 12% Gap up from 440 up to 446 Again, just really crazy.

Move on the market here. especially after that. I I kind of guess I guess I Kind of want to call this like a trap. Um, you know we really fell off here from 440 down to 410.

That was a very drastic move and I guess it called for a very drastic recovery. A lot of this also obviously having to do with kind of the news we've got going on overseas with uh, the Middle East conflict, but apparently the American markets are pretty unaffected by it. so that's uh I mean it's really good news for us in the market here is that we've got a lot of range and as long as we stay up here I think there's going to be a lot more to capitalize on. Um, so I'm going to go over some charts some favorites of mine over the last couple of days.

Um, of course there going to be a lot more that I'm sure I miss. So if there are any of those, let me know down in the comments what you've been trading the last week, week and a half or so. As again, there have been plenty of amazing movers. Um I First want to start off with Tenx and kind of why I like this chart a lot and maybe not necessarily for a continued move.

In fact, in my opinion, this is setting up to be a bit more like a multi-day head and shoulders pattern. If we kind of go on the 15 minute chart, we might actually be able to see that a little bit better. Yeah! Okay So we've got this big perk. this big run from the first day shoulder, head falling back down here.

If we can pop back up into that kind of 65 7 Cent level, it looks like we'd kind of start completing that head and shoulders, but that's not to say that it would ultimately be bearish. It could absolutely break out over that as well. It just needs a little bit more time. But let's kind of go into the the day byday, breaking this down and what to look for, what to expect and what this might mean for future gappers.

Uh, first and foremost, this closed the pre day right around 15 cents opened up up 100% over the 30. C Mark Which is again fantastic and what? I You know I always like to to take a look I guess at these intraday charts and see if it's lining up with what we see in a multi-day perspective and that's exactly what I'm seeing here in a sense. We actually had a little mini Head and Shoulders pre-market where we had shoulder kind of head right here and then once again shoulder. Um, and it broke out over that and it's setting up actually pretty similarly on this multi-day chart.

Not to say that that is going to lead to some crazy move, but something to keep note of. Again, very important aspect here is right out of the gates. we broke pre-market highs and held that pre-market High break for the most part. um a little dip underneath it once we uh started the trading day and also important is we never came back down near that low of day mark was made right away.

We had a really nice dip and rip to start and from there it was really just a nice Trend trade all the way around. Uh, there were some great entry spots all along and we just kept breaking new highs consolidating a little bit, breaking new highs consolidating and so forth. But what is also really strong about this is that we had a really nice day two move and we saw really drastic range. We actually saw a big dip down it ran up to 60 cents, creates a high a day and actually dumped down below the previous low of day right under 50 cents.

Instantly recovered Consolidated and yet really got really strong. Made a brand new high from that day one. um not not a drastic High by any means, but it was, uh, broke 72 cents and went up to 765. It just shows that there can be momentum, especially on this stock but on potentially similar looking.

Gap UPS it's something I think is really strong to see. Um so we have a stock that again, kind of going back through everything that I'm just listing there created a head and shoulders, created a bearish pattern and broke out of it became bullish, soaks up dips extremely well, and is prone to making new highs. Um, so we kind of just need to see it continuously setting up here. and I think in this case the higher the better on something like Tenx, but this is a really strong watch if we can break through and hold near that 65 to 70 Cent level.

I think this is definitely one to keep an eye on over the next few days. Uh, another really strong mover from the other day which I have a lot of lines drawn on is air. This is another really good very strong mover. Uh, very low float, but more kind of real companyes in its chart.

It's just a fresh new chart. um I guess I didn't even notice am I missing somebody did that actually go from 28 to 575 I I don't even know if I we could check that in a little bit, but that might explain why it's actually moving so uniquely right now. Wow, that's really crazy. So this would have a lot of room theoretically, but no real volume in other than uh from this day here, around $8 to $14 level.

So if we can get a clear breakout over 14, this might have some really good room to run. and this is an IPO that again, um, these IPO types of Trades I think I've said this on small cap recap before, they're a little Hit or Miss for in my opinion, just because there is no no overhead resistance. Generally speaking, because they're a fresh chart. so even on something like air really would be looking for days with high volume.

Um, but on the other you know to kind of play Devil's Advocate there it Also, we also don't have much chart history so we don't really know how well it moves, how it moves. Um, so it's kind of prone to a lot of just different kinds of movement as it figures out its best way. Uh, I guess to move. So let's go back into this intraday look here though, just so you can kind of see what were dealing with.

Okay, whatever, there we go. Um, here we go and we'll go to a one minute chart here. So we had a lot of after hours range the day that it gapped up going from about $4 up to1 18. And what I think is extremely interesting to note on this is that we have a very big range intraday but not necessarily just from The Gap up.

it dipped really hard when we opened from 11 down down to six almost basically seven bucks, then back up to 15. so it makes a fresh low a day, consolidates and then acts very cleanly from there. Um, and so this is one that we have to recognize. It doesn't necessarily respect the traditional confirmation areas like high of day like low a day, but that can create very strong, ambitious moves.

So buying this out of consolidation areas, especially near or maybe even under Vwap might be something that proves to be a profitable uh strategy with this particular ticker. And we're actually seeing that right here on today. Uh, today's movement. This Vop area is proving to be a really nice area for it.

even out of the gates this morning, running from about 10:50 up to nearly 13 where we did run into a bit of resistance. You know there is that area between 12 and basically 1350 where we had a lot of resistance and I was expecting some, uh, some struggle. But now that we're setting up a little bit better, this might be an area where I'm looking for an entry as we speak. Uh, as we kind of look to be consolidating over Vew Up, we're setting up nice Trends all across the board here.

Pretty easy to manage risk on something like this, and this is a type of chart that I like a lot. so I will be given how low of a float this is, how strong it's moved after hours, and how well it's moved Inay I Definitely will be keeping a very close eye on this for the coming days and especially even into the afternoon today. Uh, mg another really clean mover. Uh, from after hours in not doing as hot as I would have liked for it to do, but we are still holding over that Gap level.

Um, and this is a pretty beat down daily chart as well. that's just now starting to get some movement and I Do like the idea of a potential bounce on this. It's a very low float stock. Um, and I wouldn't be surprised if we start seeing pushes of these stocks that are down like 50 40, 50, 60 cents upwards of a dollar.

especially as they try to regain compliance. Uh, that could either look like a reverse split or it might just mean them releasing press releases trying to get that up over a dollar. and again, there's quite a bit of resistance here at that dollar level. Um, but another one of them where if we do start pushing over a dollar, we have a lot of room to maybe move up again into that $502 area.

so we'll be keeping an eye on that. Ino A very weird chart that I think is one worthy of a watch, especially how it's with how it's setting up. Now this is traditionally been a gap and crap stock. uh, other than way way back here and I I don't know if this was a reverse split or not.

I would imagine this. This is split since then, but ran about 150% this day after a gap up and from there it's basically Gap and crap every time it's tried to Gap up. Uh, and it's just getting really beaten down, but we have areas of accumulation down here. During this Gap up stage, it certainly faded off and S that Gap up here.

But now once again, we repped up and we're just holding these levels and the hold of those levels is extremely important to me. Uh, because they're again areas of high volume. and the longer that we hold over those areas of high volume, the more likely we are for a multi-day run. and now we will be running into some resistance up in that $4 area and maybe a bit higher.

Uh, if we could get up there, but that's still 100% from here. that still does have quite a ways to run. And I think a good way to break down charts like these would be looking at that multi-day level. And we can just do that with like a 15-day 15 minute chart.

maybe even a 30 day 15 minute chart here. Let that load up. there. We go Here we are.

So as you can see, we are holding over this $2 level extremely extremely well. It's used that $2 high from the Uh this this open on 1110 as support both in pre-market intraday and now once CE again in today's Uh market and we're actually just setting up for a really clean looking consolidation break. This actually might be an entry today too, Where as you can see this kind of consolidation happening as we speak, Um, right around 210, the breakout would be right through 215 220, which lines up really well with today's high of day as well. I Like when entry factors line up in a number of ways and if we do hold over that that support, it's one of the Uh or I guess now support it's previous resistance.

a good example of previous resistance turning into support which can act as a really strong uh risk level as well. So Inbo another really good one to watch over the next couple of days. And last but not least, I have Atgl, which is actually much lower volume than I'd like for it, but it's another IPO stock that's just holding up a lot better than it probably should. It's a little bit pump and dump esque.

very low volume, very consistent volume, but it just keeps holding up. it keeps consolidating and I could see this being a type of stock. I actually traded this uh on my small account this week uh, in from 7:30 and just sold today at 10:30 which was a nice trade, but it just keeps holding up, going sideways, then breaking out and just slowly walking. So I'd like to see if this sets up any potential for a parabolic move, but as I mentioned, IPOs can be a little bit tough just because even though there's no overhead resistance, we really don't know how it moves and maybe what the agenda is.

Uh, for those that might be in it, have shares specifically Underwriters Banks Insiders Etc Um, but definitely an interesting one to watch and the stronger the Spy stays, the better the story. the better the case is for all of these stocks, but we can also see a lot of um, volatility on stocks that are or when the stock market is falling as well. Um, so if if we do get a hard crash, we might still see some stocks bouncing I've noticed that small caps tend to take at least a day or two to follow in line with the overall Market Uh, and my experience anyways, but that's just kind of what I'm seeing. So anyways, that's what I have for today.

Let me know down in the comments below the types of stocks you guys are looking at: I know I missed some These are just some of my favorites that have moved over the past couple days and and are also continuing to set up. So thank you guys so much for watching! Um. and last but not least, I will say as I always do if you are not in small cap Rockets We're going over trades like this every single day. Uh, and I'm trading live Monday through Thursday from Market Open for the first 30 or 45 minutes, you can see my exact insight.

There is a link for that trial down in the description of this video. so if you want to check, check along, and trade alongside me every morning, be sure to hit that link. All right everyone! I Will see you next time here. Thank you so much for watching Small Cap recap.

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