All right, good morning everyone! So um, we have a little bit of a problem here this morning. We've got a stock up 89, but it doesn't want to have a candle that closes above 286. it's had four topping tail candles that pierce that level and then comes back down below it. You see that right here.

so each time it comes up there, it comes back down. this uh is a little heavy up in those areas you keep seeing selling pressure, pushing it down, pushing it down, pushing it down. So right now we're I suppose. um, you know, kind of just needing to be patient and see whether or not it can hold above that level while we're being patient.

And if you'd like to read the article that I wrote for Entrepreneur I'll post the link right here. This got published on Friday and is the story of how I turned 583 dollars into over 10 million dollars. I'm now at about 12.5 million in gross profit. So I started this account in 2017 with 583 dollars and 15 cents and took about five years to turn it into 10 million.

Uh, which you know all things considered. Can't complain about the five years I spent doing it. it was. It was worth it and I continue to trade in the same account today.

Uh, what? I did in the first three years. Each year I took six thousand dollars for three years and put it into a Roth IRA I. Then once I had 18, 000 just traded in the Roth IRA or primarily traded in it. And so I have been able to grow that account to uh, just about 6 million.

So about 60 percent of this profit was tax free. Completely tax-free I should have done it a little sooner. but in any case, um, so check out that article if you're interested. Um I'll be writing for Entrepreneur.

Uh I have another article that I'm working on now so there'll be some others coming out soon. So with um, our Focus stock here, let's see what this low was That low right? there was 68.. So ideally a pullback down towards the nine moving average on the five would probably present a safer opportunity. see how you just got that second rejection? So we're back down to the 68 level right here.

Well, I was 67. So I'm taking us I took a starter there at 65 just to try to buy this dip. I'm not sure that it's going to make a big move from here, but let's just see if it double bottoms. So the low there about 65 66.

So I want to see if we break over 78 so I could add and then the first candle that goes green. New order at 76. I'm just gonna sell it flat. basically break even.

it's too heavy right here. You can see it's not wanting to to really move. so Vtgn nice I was 4 20. showing some volatility.

blow this candle here is 3 54. so high rate there is 450. The problem here. It's moving quickly but with a somewhat larger spreads.

Current high is 476. Przo is pulling back a little bit earn time. There's 82 on the ask. No, it's not blue sky.

It has the 200 moving average around 6.47 Wow, that was interesting because that candle. it's like it pops, it drops and then oh so. it was five on the ass. Then it was 450 on the bid 451.

Then it goes up to 575 but only for a second. So this is up 200 percent Vtgn. It's really jumping around very quickly, but we're getting closer to the 200 moving average 200 says 647. So hi this candle 550.

We still haven't had a red Candle on the one minute. so watching this red candle forming on the one minute low is 481. My 200 is at 647. the 200 EMA So this candle has two two seconds left and is green.

Now you've got a high of 75. look at that. Wow. Six on the ask for a second there.

I Keep looking for a dip and it dips only for a moment and then it bounces right back up and I'm like I can't chase it. So I was watching uh, right in there for a dip but it went too fast and I was watching in here for a dip but that went too fast. Also, all of a sudden it pops up and it's back at the High So we haven't had a red candle yet. That one was red, but then it finished.

Green high is six bucks. I'm super impressed. And yeah, good observation about how quickly people forget about Przo Przo is. Now you know, up only 68.

This one's up 290 percent. But admittedly, it's hard to break the ice with the first trade with the big spreads and uh, just how extended it is. So we're over the 200. So is this just shorts getting squeezed? I didn't I didn't think this would break the 200.

still haven't had a red candle? This one has 20 seconds left on it. Wow. Well I guess from here it's just watch the Uh shorts get squeezed. I I would just I don't know how to buy it up here.

Wow. so that's that right there shorts getting squeezed out hard. That's probably the top there up to 12. that's crazy 500 percent.

Okay, so that was the high there of 12. we still haven't had a red candle, but this candle. we have 45 seconds left on it. so watching.

So yeah, 12 on the Ask 1160 on the bed Current High 12 42. So now you're getting spreads 12 15. It was 13 on the ask Bear for a second. Yikes.

Wow. Good job! For those of you guys that traded this 620 percent 40 000 share bids Max is up 12 000. Good job! Yeah, it only takes a couple of trades on this. Okay, Highs: 1333 we're down two points off the high.

Well, low was 11. we still haven't had a red candle. Still no red candle. This candle right now is green 700 percent.

There's 14 on the ask 722 percent. Ten dollars a share from 4 to 14. this is the biggest straight up move I've seen in quite a while. You know Aurc was big but at a different price range.

17 900 percent high is 18 a share. Still no red candles. This candle's closing. Uh, right here.

Wow. I is 22. 23.84 Unbelievable 1200 percent. What? Wow.

Congratulations to those who have traded this. This has to be one of the strongest pre-market moves I've seen. I I Don't know that I've ever seen something like this before and it just hasn't given for me what I felt like were safe opportunities. This is a real exercise and discipline.

Okay, so now this candle right here. that's a huge shooting star. So I'm sure some of you guys may have had your best day of the year on this one. Biggest trade of the Year This was really crazy.

Congratulations for those that didn't trade it, just watch and learn. Study it. Look back at the chart and accept that if it didn't fit within your risk tolerance. It's okay to say there's no safe trade on it for me, so a WIC reclaimed setup would be this.

Curling back up through the high is 27.29 but on lighter volume you do stand the risk of a false breakout up here, right? See, That's almost a picture-perfect double top Wick Reclaim rejection right there. Now if it breaks that level, the high is 27.29 28. if it broke that level, then we'd be looking for a move up into the 30s and 35.. So I'm going to watch the 10 second time frame this high was 26.98 There you go.

There's 27. Sellers are on the ask so you probably have shorts that are trying to short against that double top because it's so extended and this is see that. Downside risk is from 27 back to 23 2366 One point spreads I Would be concerned about a possible halt down at the open, but we'll see volume weight average price at ten dollars. Yep, that's a long ways away seller at 2502 that almost looks like someone's trying to unwind a position.

Let's see is that a hidden seller 2502 It's only 3 000 shares, but it feels bigger so there's 2508. It feels like it's not able to get back above 25 right here. so this is sort of teetering at the top. Now, the thing with these types of levels is that you know if you got in right there super high risk, but then you know if it holds, that's where you can say wait I Think this is support just so extended.

Foreign. Good morning, so expect some dramatic sort of price action up here. And reminder is always that trading is of course risky and this is, um, see the declining volume and now your first red candle forming but it's still got 10 seconds left so it may not be red. we'll see.

but there's a 40 000 share seller on the ask, so this is probably going to be a red candle so that right there is quite something foreign. I Think that your, uh, safest move if you are sitting down now and you haven't yet taken any trades is to look for the next one. This was crazy. Obviously some shorts got annihilated on that move and now you know.

Buying it up here, let's see again. it's like I don't know why it went right there. It just you know I don't know I don't know what made it go right there Why didn't it go two candles sooner? It just it just went. So two thousand, three hundred percent.

50 on the ask 54. I Just saw 70 print I saw 70 on the ask three thousand percent. So that's a head and shoulders pattern right here. Envb hitting scans and look at.

So let's see. look at Envb here for a second. What's probably going to happen? Let's just watch this carefully. It's up 70 percent so there's a seller.

there is five bigger spreads. The question is do Traders jump on kind of the next stock that starts to pop up or does that not really happen today? You want to be careful not to chase it. Let's see. see how that pops and rejects immediately.

You know it's not quite obvious, maybe enough, but that was an important that was important to watch just in case. Stocks can help pre-market on uh, news. but they don't halt on circuit breakers. There's no circuit breaker halts pre-market so good job for those of you guys that made some money on it for me I didn't see a spot where I felt like I could manage risk I know that seems silly with how much it went up, but I think about risk first and profit second.

That's how I turned 583 dollars into 10 million I avoid situations where I'm concerned I could take a massive loss so you know it is what it is in a hotter Market where we were seeing this more regularly. Of course I would have gotten comfortable with probably taking a trade, but in this market with a lot of rejections I I didn't have the the risk tolerance for it so no trades on it and I'm okay with that. Just have to be patient. When you see something where you can manage your risk then that's worth a trade.

So this area here that we were talking about this consolidation. The downside was 23. That was the bottom. but I knew if it broke 23 it was probably going to flush to 20 or 19..

And then of course the upside. getting in at 25 was, well, what if we have one of those cans? What I was concerned about was a candle where it goes up to like 26.50 and then flushes to like 21. that's what I was worried about and you know we didn't We didn't get it, but that. the thing is, we've been seeing where we have these long periods of consolidation and then we have that break and flush.

So you know that break and flush. um is. um, it could be really really nasty. So it's It's very simple really.

Um, the best entries on this carried a lot of risk. Even the best entries carried a lot of risk and I didn't have um I didn't have the risk tolerance for it. so in that sense, I don't feel like I really missed an opportunity. It's only a missed opportunity if it was a good setup and I felt I could manage my risk at the beginning of the move.

When we were first watching it, you know I kept I was like waiting for a pullback looking for a pullback and to be honest, even if I had traded it I probably would have gotten in at 450 and gotten out at five and then gotten back in and once I built a cushion but I wasn't even able to get that first cushion. Now of course I started the stream focusing on Przo and Przo has gone totally out of focus. All right you guys. Well um, we're coming into the open so manage your risk.

Don't fall victim to fomo. If you're feeling fomo, you can always walk away and come back tomorrow. The market will be here for you. preserve your account.

Capital Preservation is number one. And um I'll see you guys back here first thing tomorrow morning. All right, Foreign.