All right, so it's just past 9. A.M here top of the hour scanners are looking a little slow right now. Xpev just started to pop up. This one's got a higher float.

Nio also started to pop up. also has a higher float electric vehicle companies so I don't know I'm not interested in trying to day trade those yesterday. Aurc this was the one that I traded and uh, for those that were tuned in yesterday for the morning show. Uh, you saw that I bought this uh with my first entry early pre-market uh, right in here at about 14 a share I added as it squeezed up.

I got about a dollar a share on the first trade and then took another trade there. took another trade right here and took another trade at the open and it ended up halting up gapping higher, pulling back a bit. kind of lost interest in it, came back up, did a double top, and then right here at 11. A.M it starts to creep up again and it halts up.

It gaps higher, goes up from twenty dollars up to 28. goes up to almost 30, pulls back, goes up higher and this one ended up being a really good one. So what gave me the inclination that it had some potential? even though when I was trading it down here, it certainly hadn't realized most of that potential. What was special about it? This is a stock.

If you look at the daily chart, you'll notice. Wait a second. What is this daily chart? This is a weird chart. It's a funny looking chart because It's a special acquisition company and these usually trade at exactly ten dollars more or less.

until we get news of a business combination. Special acquisition company is a blank check holding company essentially that is going out looking to merge with a private company and bring that private company into the publicly traded markets. So uh so anyways all of a sudden boom. We had some news yesterday and it started squeeze and so knowing that it was a spack and that these are have recently been some big movers.

Uh, and knowing that the float was particularly low on this one. Now some of them have floats that are higher, some have floats that are lower, but this one was particularly low. That's a combination for a stock that has a lot of potential doesn't always happen. We don't always get this kind of move, but sometimes we do.

and sometimes we get moves that are two or three times as big as this. So this, you know got up to about 35 40 a share. It's a pretty nice move. Uh, does it have more potential in it today? Well, if we look at the candle on The Daily It closed very nicely.

It was a strong close, so can't really complain about that. The chart right now. you know it's interesting. It sort of has based out off of this level down here.

One of the problems that I had on it earlier yesterday. Uh, it was a little bit hard to get my orders filled I think some of you guys experienced that as well I got a lot of partial fills was trading with smaller size. uh so that was a little tough it you know. So right now with lighter volume that would probably be the case again today and you've got bigger spreads so um you know anyways something to keep on watch if it starts to open up but right now uh the spreads are a little too tough.

I would say if it can get over let's see like 29 30. that would be good if it then got over 30 78. approximately that would be good and then if it can get over this high right here of 31.89 then you start to have room back up towards 35. so something to keep an eye on.

but I I Usually would prefer rather than trying to trade continuation to find a fresh uh stock, something new, something that is sort of at the beginning of its move rather than is already up. Uh, you know, 100 plus percent from from yesterday. So do we have anything that's fresh for today? Well, our leading gapper today is Simo it's up 80 percent. Price is 94 a share 31 million share flow I'm not going to trade this next one down pack W Jeez it's only up 27.

float is 115 million shares I'm not going to trade that one next one down wrnt this one. ipo'd yesterday it was a pretty low float when an ipo'd um I'd have to double check but it was. It was less than 10 million shares. Most positive, it was a pretty low float.

It's a uh, it's not Chinese IPO it's a Japanese IPO Uh, so you know we've had this: China IPO Momentum in the last year. Well, I've had it for a while anyways. I I Don't think that really extends to Japanese or American IPOs But if you get an IPO and it's got a low float and it starts to squeeze, you know sometimes that can give us a nice move. So um, it's a it's a Maybe it's interesting, but I'm not sure that um that I'm going to try to trade that.

All right? So and thank you guys. uh on YouTube who tuned in? Hopefully you guys hit uh the thumbs up. Hopefully you're subscribed to the channel. Let's see.

I'm going to switch that to anyone. There you go. All right so anyone can post there. So yeah, wrnt, it's at ascending support right here.

You know? could that be a place to buy a dip? Yeah, I mean you could, but it's kind of above below. V-wap it just doesn't look um, that exciting right now. All right. So next one down, Abvc Um, this one.

you know it's interesting I Took a starter there of Abbc. It's starting to curl back up. Let's see if this squeezes through 550. So I'm going to add an order at 550 on Abvc here.

watching over 550? There you go, there's 550. now let's see if we get to 575. This just like that is our leading gapper. So now watch So added right there 575 and there's Six dollars.

Can we get a squeeze over 6? 15 620 So watching this dip, we've got 96 on the ask. so thank you for bringing this one to my attention. Look at that! Nice! So I'm taking a little profit up here. Gosh, you got to be so quick on these holding 1500 shares now letting it dip again.

That curled up right there and I kind of chased it getting in at like 5 20. My average right now is 532. but this one is a recent reverse split with room on the daily up to eight dollars. So now I'm going to watch in this area for a pullback.

so let's watch that first candle to make new high. Let's see if we can get back over six. Added 68 568 there's 585. taking a little profit of what I added so added 568 took some profit at 580.

now watching my cost basis has come up to 555. added right there 570 there's 586 583. So again trying to catch these little dips and Pops we've got 64 on the Ask watching so let's see we're at 47 percent which makes this our second leading Gap or behind Simo Let's watch over 575. volume's kind of light on it, but got a couple nice trades there added right there 565.

now looking for the Breakthrough 580. so a little profit at 575. you can see how it's kind of jumping around here. My average is 68 I'm unwinding the rest of it 65 for a small loss now.

I'm going to put I'm going to do something interesting here I'm going to put an order. Bought the dip right down there at 49. So I bought that dip at 549 I moved the P L window down so you guys can see the top of the high day Momo Scanner so holding at 549 still holding 549 so 10 to 1 split float on. this is probably around 2 million shares.

oh my webcam I didn't realize it's behind there. sorry yeah, all right I'll just I'll put it right here for now. So still holding at Uh 549 We've got about 14 minutes to the opening bell, so nice move there from 450 up to 5 450 475 up to five I added as it broke through five. now we're kind of going sideways flat.

the rest of it for now 63. I'm gonna let it dip down again. Volume weight average price is at 42. nice Keith Good job! Great job buying this step down here at 48.

So trying to do those dip trades that was nice from 48 up to 61. so holding at 48 New order at 50.. So now we'll watch over 65 and 70. order on the bid at 50.

59 on the ask 54 by 59. So looking for the break through 65? there's 58 60. nice taking that profit for now. It's a little slow here leaving an order at 45.

So one of the things that sometimes we'll struggle with a stock keeps testing: Half dollar half dollar half dollar. And then if it breaks it and can't get back above it, then we have a problem. So dip there for me at 38. Now let's see if this can break back above 50 because that could be a bottoming tail candle.

So now I'm in at 38 and if we see 55 or 60, that could be a bottoming tail with a nice entry. So there's 49 on the ask and then 54. so added there at 49. Now looking for the Breakthrough 50.

and I want to see if this can reclaim that half dollar which it has now watch over 60. for that reversal back up. So now I'm in on the bottom of a bottoming tail added right there. 56.

Now we look for the reclaim of 65.70. so see how that curls back up? There's 60 on the Ask. Now let's look for 65.70. new orders at 61 to add.

there you go, Added right there there's 62. now looking for 65. So we've reclaimed the half dollar and over 75.85 We're going to look for a retest of six dollars, so new order on this is at 70. So watch as we come up here.

they're 62. 62 on the ask flat for now I Don't like that hesitation right there. So I'm just going to take it off high was 62, but it kind of hesitated. Bought another dip there at 35 and 45 SO Trading the range added back at 44.

and see if this can break back over 50. not bad. Small winner there. 49 We've got eight minutes to the opening bell.

Macd is just crossed over, so the bulk of the profit in these two? Candles There were some dip trades in here, but none of them were super easy. So watchless. Going into the open Abvc, this is the one that's given the biggest range. Aurc yesterday gave some good opportunities.

It has a flat bottom around 26.75 but it's down 20 right now so we'll see if Abvc is able to curl back up and get over six. Aurc will be on watch if it can get over 29 or 30. So what are you guys liking going into the open? Hmm Ault if it can get back up above view app is interesting. Xpev floats a little too high on that one.

don't expect it'll be easy to trade. Easy to borrow. All right. Well we've got a watch list here with three minutes to the open.

So for those who have tuned in on YouTube Thank you guys for being here. If you want to watch me stream all day, come over. Check us out at Daytradedash.com or Warriortrading.com and I'll see you back here first thing tomorrow morning. Reminder: As always, trading is risky.

My results aren't typical. There's no guarantee you'll find success. whether you're trading your own. You'll learn from me.

So manage your risk, trade a simulator before you put real money on the line. and don't try to blindly follow me or anyone else. Learn the strategy. This is Momentum.

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