Let's go Live! What's going on Team: It's Ricky here with techbook Solutions Hope that you guys were all having an amazing Sunday I Want to start this live stream off by saying happy Mother's Day to all the amazing mothers out there and or to all them other figures out there. Um, it's it's no question at least I know in my experience being a mom is is definitely overlooked and very much underappreciated. So I just wanted to say happy Mother's Day especially now being a father I I Try to understand um you know how how much it is that you guys go through so just wanted to say thank you for all that you do and um we all love you So uh what's going on guys, it's Ricky here and let's go ahead and it's time to prep for the trading week. I'm gonna start sharing my screen so you guys can see exactly what it is that I'm looking at.

Uh, one thing that I do want to remind you is I'm back in Arizona We're back in my office. Uh excited to go live with the learn plan Profit Team tomorrow! I Do want to remind you that if you want to be able to watch me trade live I'm going to be going live as soon as tomorrow at Market open. We are running a cell right now. it's 150 off and it's the second main.

Link in the description it says 150 off 5K entries for the GTR giveaway. it's the second link in the description down below second or third link but you should be able to see it. Uh, let me go ahead and start sharing my screen so you can see exactly what it is that I'm looking at I am using the Weeble trading application. It's the trading app that I use both on mobile and on desktop every single day.

You don't have to use it, it's just my preference. It's what we cover and learn. Plan profit as well. and if you want to learn more about it, they do have a free sign up bonus right now and that's the fifth Link in the description down below.

So I'm going to say what's up to a couple of people that we have tuning on in. Um, and if it's your first time tuning on in, then feel free to say what's up in the live chat. You do have to be subscribed to the YouTube channel uh to participate in the live chat, so just want to make sure that you guys are aware of that. So yeah, make sure you guys subscribe.

Hope that I earned a thumbs up and let's go ahead and get right to it. So I'm actually going to put the live chat on this side just so I can see it and it doesn't cover anything on my screen. but uh, what's going on guys, What's up? What's up We got Dallas we got Alex we got star What's going on guys? we got Joe Hercules Oscar Stay Green David uh Rudy what's going on Jimmy uh Ricky I Entered the GTR giveaway I Love that just joined Lpp What's going on? Jose Welcome to the team! Um, yeah. so I I Did see that a handful of you guys have just joined Learn Plan Profit.

A handful of you guys are entering the GTR giveaway with the free prize week, so we'll talk a little bit more about that towards the end of the live stream. But yes, there's only a few days left for the GTR giveaway. That's just another video within itself. If you guys have any questions, feel free to message me about that.

But very, very excited that in a couple of days I'm going to be handing one of you the keys to my Nissan GTR So what's going on? It's your boy Carlos from Miami What's going on Carlos Happy to have you here. What's going on? Dallas All right, let's go ahead and get right to it. I Feel like we have enough of you guys here? Um oh my bad. there it goes.

Accident. Clicked on our Discord but wanted to show you where the NASDAQ Market currently sits as of right now. So looking at the five minute time frame NASDAQ is down a little bit. but NASDAQ based off of last week's performance is at 2023.

So for the year it's at all-time highs right for the year. so make sure that you're aware of that when looking at this on the one hour time frame. Let's go ahead and take a little bit of a further step back. The one day chart I mean we have been showing signs of this this ascending uptrend pattern.

It hasn't been making steady, steady progress. so this is QQQ which is the single leveraged ETF Um, it's you know, a very popular ETF that's one for one with the NASDAQ Market. And one thing that you can see is how beautifully NASDAQ has been making higher highs and higher lows pretty much all of 2023, right? Inflation is finally going away. It looks like it's finally coming down.

We're definitely not at the Target that you know the Federal Reserve wants to be. Uh, but we're no longer at 40-year highs, right? Uh, the big concern right now is the U.S debt ceiling. I Made a video earlier today talking about that, so if you don't know what that is I made like a three to five minute video, feel free to check it out. Uh, the other concern is the US going into a potential slight recession.

and then the only other concern that I can think of is you know what can affect the market in short term are two things: if the Federal Reserve actually begins to pause rate hikes or begin to absolutely pivot and no longer not just have rate Heights, but also rate cuts. The only other thing I can think about is the bank crisis that's kind of like a curveball that we were throwing this year, right? It all started with Silicon Valley and then other small Regional Banks began to kind of show this. uh, the same type of like red flag. So it's just something that we're going to have to stay up today.

But the big concern as of right now is the U.S debt ceiling and then the overall U.S going into a potential slight recession. This question gets asked to me pretty often. so I just wanted to make sure that I said it in this video. When it comes down to the idea of you know, are we at the bottom for the market obviously there could always be throwing a curveball right? like we could get attacked with the Us can go into war but based off of what we have going on right now, even with the U.S debt selling crisis like they're they're going to have to increase right? the U.S debt ceiling like it just doesn't make sense to let the US default like that.

That will cause so much more harm than good. So the only so when asking that question, hey, did we bottom out like in my opinion? Yes. And the reason why is because the whole reason that the market was seen such consistent lower lows and lower highs and the reason the market was so aggressively selling off is a combination of you know, we sell super high inflation right with all the printing that we did in 2021 uh leading into 2022 and then in 2022 literally is a complete bear market, right? Market Sold off we made lower lows, lower highs. We showed 52-week lows.

We could see this with the NASDAQ market. Now the big concern then was inflation. Inflation is now becoming to be under control. Unless inflation again out of nowhere begins to really spiral, then I would say again and you guys know that I love those you know the sell-off warning or get ready.

And if if you trade, if you are someone that trades off of thumbnails uh, then you're your own problem, right? You guys know that I love those thumbnails I love those titles. but at the end of the day, if you ever watch my videos I try not to be, you know or I try not to use scare tactics when it comes down to that I try to be very open with you guys and in my opinion, yes, I do see that the market probably is bought has bottomed out already I Think that a lot of people are going to regret not have purchased, You know Amazon at eighty dollars a share, can we see a small leg down? A small little correction, of course, right? That doesn't mean that the market can't pull back a little bit. I Mean it wouldn't really surprise me if if the market pulls back a little bit to the moving average. But when asking the question, what was the root cause, the fundamental reason on why the market was selling off, in my opinion, it is because of inflation, right? Inflation is what was bringing driving right.

Because of what happens with inflation and how the Federal Reserve has to respond to it, they were raising interest rates that are making it more expensive to borrow money. Not Only was the stock market hurting, but so is the real estate market. So now as the Federal Federal Reserve begins to Pivot If they actually do, then yes, at that point, I wouldn't see any other reason on why the market would continue to sell off again unless a curveball is thrown at us and something presents itself that it has not already presented right. But yeah, let's go ahead and just jump right into it.

So if you guys want me to break down your top stock all I literally ask you to do is to share it. If you have the ticker call out format then feel free to share it with that as well. If not, uh, just again, feel free to share the ticker and I would be more than happy to break it down for you. So we are starting off with PayPal So let's go ahead and break down.

PayPal So PayPal What 52 is this? 52 week lows? Yeah so I Kind of view this as a Hail Mary type of approach. PayPal is a company that did very well during 2021, right? It peaked and then has been selling off ever since it just made new lows at 61.31 This is not the way that I trade, but I have seen a handful of people like to trade this way. it's kind of like what is that that form of like gambling where like you put a bunch of like pennies in a bunch of different like numbers or something and if one hits then you know it's kind of like a Hail Mary right? Um, I mean I don't gamble myself, but that's the way that I view this right anytime. I Think of people like oh, I'm just gonna throw a little bit of money in this I'm gonna throw a little bit of money on that.

I mean if someone were to have a textbook on what a pattern would look like on a stock, to not invest in it would literally look like this, right? Ask yourself one simple question: Are you missing out by not being invested? No, You're probably saving money by not being invested in something like PayPal I Mean yes. Possibly it could find a bottom here. It could try to recover. There's always a possibility, right? It's It's up to you if you choose to trade this way.

Um, the thing is, there's this common phrase, right? it's It's this common saying and it's trying. Do not try to catch a falling knife And this thing hasn't only been selling off for a little bit, but it's been selling off since right middle of 2021. And obviously, yes, we hope that it's closer to the bottom than it is to the top. And we hope that it begins to indicate signs of an uptrend.

But I have a very simple way that I like to invest. and it's You Know If you are a true believer that this thing is eventually going to recover, then I Say challenge yourself right? prove it to yourself, allow the opportunity to present itself and prove itself to you right? So what does that mean? Well, let it let it do something that it hasn't done since 2021, and that's break above and trade above the moving average and make higher highs and higher lows. Very simple, right? Wait for higher highs, Wait for higher lows. Wait for indication of an uptrend.

Actually allow yourself to see the possibility of like, allow this opportunity to actually present itself to you, not just be like, okay, well it's cheap. Now we all know that the cheap can always get cheaper. Of course you can possibly get lucky and hopefully it bottoms out here. It recovers to 73 dollars and you make you know 10 to 12 dollars per share if you want to trade that way, I'll power to you.

but again, I kind of view that as kind of like pennies when it comes down to gambling. If you are someone that truly sees potential in its potential recovery, then I Say challenge yourself, Set those alerts, wait for proper confirmation, wait for that indication of that actual reversal. And until then, just set those alerts and move on right. No reason to over complicate it.

So Rick if you had five thousand dollars in your account, what kind of stocks would you focus on? So Jamal I mean regardless of your actual account size itself, it's kind of asking yourself that same question backwards. If you had fifty thousand dollars, what would you focus on right? Why is it with what you're focused on, right? Why is it that you're trying to trade because of I'm sorry. Why is it that you are trying to change, change your style or A or create a style of trading because of how much money you currently have? If I were to ask you a very simple question, Do you expect to trade with five thousand dollars five years from now? No, right? Then Why is it that you are trying to create or learn a specific trading style that you don't expect to continue to implement, right? Um, and with that being said, it's just ask yourself that question backwards. What best practices? What kind of Trader do you want to be? What kind of stocks do you want to focus on that can lead to long-term and consistent growth? That, regardless, if it's 5 000 and or fifty thousand, a hundred thousand, half a million a million, right? I Get the point that you're trying to ask because Ricky have five thousand dollars.

How can I make money quickly with this and am I Simple response would be is just learn how to trade and you don't need five thousand dollars for that, right? You can paper trade. You can simulation trade or trade with a much smaller dollar amount. You don't always have to max out your account and that's one thing that I want to remind our beginner Traders out there is that. I mean even with five thousand, it's a decent dollar amount, but it's not going to make it or break it in the market right? Maybe if you trade options, but those are extremely risky and I'm sure you've heard all the horror stories when it comes down to that.

I'm not here to, you know, um, repeat that, right? But nonetheless, it's I have a specific style that isn't as risky. Uh, but even that you know I would say if you've watched my videos before, if you've watched any of my live sessions, um I focus on a pair of NASDAQ ETFs I focus on Direction and they're still riskier than let's say like apple and Amazon but they're not as risky as I would say. Many different options out there and as long as we focus on Market direction, if you're someone that believes that hey, you know I think the Market's going to recover, then you know specifically what stock to be invested in. It's a very simple answer, right? So if you have a specific question of like hey, Ricky I have this dollar amount and I want to invest in this, what do you think about it share that idea with me I'd love to give you my two cents, but at the end of it, remember, the whole focus is not what should I invest in, but actually understand what you're investing in and or what you're actually Trading And that's what I want to remind you is that a lot of people are so focused on what Ricky I have money right now, what can I buy right now? Why not actually focus on learning on how to actually trade rather than asking someone to just what should I throw my money at? Do you get what I mean Like do you see how that question is kind of backwards? Um, just because you have no sense of direction yet and we all start that way I started that way.

Literally, everyone starts that way. But that's the whole challenging part about it, right? Is we hope that one day you work towards understanding the market enough that you can make an informed enough decision to actually understand what to trade, what not to trade, what to invest, and what not to invest in. So let me know what you think about that one. Let's go ahead and move on to Spy.

I Mean Spy is going to be very similar to um, yeah, QQQ right? So this is the S P 500 ETF and I said it earlier before. Uh, looking at the four hour I mean we've literally been trading sideways since April right? This one's since February So spy is the S P 500 ETF Uh, kind of asking that question: Are we making progress or are you missing out by not being invested Now Spy is considered one of the safer ETFs to actually invest in long term. Now we are approaching. Do you guys see this? Our previous resistance range based off previous patterns, we got rejected and we went back to retest this moving average.

That's kind of what I would look out for. We're at that same resistance range right now where I would ask yourself one of two things, set an alert and if it begins to make new highs then and I would I would confidently jump into Spy as a long-term play. But if we break below the EMA and we begin to sell off back to the moving average, then guess what? Wait for it to sell off and as it gets closer to the moving average then that's when I would decide to buy because based off previous patterns and based off of long-term growth, I mean Spy is not something that I would say many people would say. oh, I Hate being invested in this.

No. I mean this is a a very consistent bullish ETF right? This is on the weekly basis. This dates back to 2010. higher highs, higher lows.

It tends to outperform 95 of the market and this is one thing that again I love to remind our Traders at. It's great to have your trades, but it's also great to have your long-term Investments right? And this is definitely one that I would have in your watch list. If you do not already and break it down yourself, ask yourself a simple question: Is this something that meets my criteria And if so great and if not, then that's the beautiful thing about trading and investing in the market is that you get to decide where you put your money right. Just because I think that it's valuable to me doesn't mean that it has to be valuable to you, right? Just like I love the Nissan GTR you might not, you might hate it, but it is what it is.

If you don't like the GTR then you don't have to enter our giveaway. If you like the GTR then guess what? you can possibly win it. I Think in less than 20 days, right? Let me see a show of hands. How many of you guys have entered our GTR giveaway either through joining Lpp or by purchasing something on Type Butts apparel? Let me see in the live chat let's see how many of you guys are actually paying attention or just sending ticker symbols.

There it goes. So show of hands. All right there we go. We got a couple handful just did tonight.

Talk about what's going on? What's up? I Bought a shirt Nice. I Entered Badass Giveaway I Appreciate it. Yep, All right I Like to see it? Yep. I think we have a total of 20 days left if I'm not mistaken.

I'll have to double check for our GTR giveaway, but I'm pretty sure there's 20 days left. Let me make sure. Uh, this is for prize week so prize week ends in seven days. But the overall GTR giveaway.

Uh, you just go down to here, you should be able to see it. You have 21 days, 3 hours, 52 minutes, and 57 seconds. and then you guys have to let me know in the comment in the live chat. Will you take the GTR or will you just take the 50k cash? If you end up winning, you guys will have to let me know on that one.

All right, All right. I Love Lpp! Braylon What's going on man. Happy to have you as a part of the team I got a tank? what's going on? Stay Green I Know you're part of Lpp already. So happy to see that you enter the giveaway as well.

50k cash, The car, the car, the car. GTR GTR 50k cash. Yep. 50k cash GTR No hesitation I Like that GTR GTR 50k cash uh what's the GTR Worth Price: 70 80k? um 50k so I can upgrade my Stingray I like Batman So Ricky I'll take the GTR 50k 50k All right, let's go ahead and uh, break down a handful on more of your guys's stock.

So bi Outlet go ahead and break that one down for you. Thank you for being so patient with that. Um oh I'm still on the day chart. Wow What the heck? What is this? Bloomberg Super low volume I Do not under yeah I don't even know if this is actually traded or uh, what is this? is a spider Bloomberg One to three month.

okay, um, it looks like it consolidates in one cent increments and it goes up about one to two cents each day. Um I Don't know if this is actually something that you can invest in, but if so, yeah. I went from 89 all the way to 1091. um, that just it's not my cup of tea.

I Don't like anything with that lower volume. Uh, if we joined Lpp, is it an automatic way to get entered for the GTR That is correct. So as long as you joined Lpp so anyone that joins now or anyone that joined on or after March 3rd, 2023, you got automatically entered 5 000 times. So by joining Lpp, that is the easiest way to get the most entries.

So you get 5 000 entries even if you use a coupon whatever the case might be. if you sign up for Lpp and by the time that we announce the giveaway winner, your information gets sent over to our third party licensed and bonded sweepstakes company. They select the winner, they send it to us, and then with that, we just announced the winner. Making sure that I mean they're the ones that make sure that you're 18 or whatever it is that's needed I think you need to be an adult and stuff like that.

So, but yeah, I mean that's pretty much it when it comes down to that. So let's go ahead and move on. So we're going to break down Carvana. Carvana has not been performing the best, so let's look at this on the day chart.

So Carvana Again, this is going to be another Hail Mary another PayPal a company that did exceptionally one. This one hurts me a lot because this company is based out of Arizona It was started in Arizona by the I think that Dad was the original investor and he was one of the uh, the owner of drive time and then his son was the owner. but I think the dad owned more Equity they're two of the wealthiest people in Arizona At one point it went from 376 all the way down to 3.55 cents at one time. Uh, right now it's trading at 10 cents and 10.50 a share.

It's been showing signs of lower lows lower highs. It gapped up right and I think this was due to earnings. It gapped up and it's been gapping down quickly. right? Kind of just like we've talked about before, especially if you're part of our Lpp team.

What goes up very quickly must come down and correct itself just as quick. And Carvana is a beautiful example of a company that did very well for a short period of time and then just absolutely crashed. I View this as a Hail Mary type of approach that, hey, if you're so certain that this thing's going to recover, set your alert and allow the opportunity to prove itself to you, don't just think it's going to happen. allow itself to actually prove itself to you.

So please make sure that you remind yourself of that. So, all right, let's go ahead and move on to the next one. So again, uh, we got Joe asking me to break down Figs: what's going on Joe So we got Figs. Let's go ahead and break this one down again.

We have another descending lower low and lower high again. I I Would never consider trading anything like this just because it gets rejected too too hard. I Mean it's literally like a textbook setup. Lower highs.

Lower lows gets rejected by the moving average. No indication of a break above, no indication of higher highs. Why would you want to put your money in something that is not indicating signs of growth? I Mean Why be that risky? Why make it more challenging for yourself? It's like learning how to swim when the current is against you. Right? If you're learning how to swim, Do you want to swim with the current or against it? Do you want to run with the wind or against it? That's exactly how it is when it comes down to trade.

I Just do not get it right. This is why we focus on one thing and that's Market Direction And as of right now, Figs is extremely bearish. So let me know what you think about that. it's working.

After using Weibo for some time. Do you prefer it? What's going on? Sebastian I Do prefer. Um. I Just think that.

Weeble and again, this is 100 my opinion. Uh, I think Weeble In just the time period that I've used them, they've created so many software updates that you can tell that they have an entire team and work like working on this platform to try to be the best, the most advanced time and time again. I Think I Get a notification once or twice a week that I need to update the application. It might be annoying for some of you, but it literally takes like 5-10 seconds for it to update and then it still keeps me logged in as well.

So in my opinion, that shows a lot about a company that's really trying to improve in a very short period of time and in a very competitive market where I felt like other older traditional brokerages are just becoming very outdated and very stagnant. right? Anytime that I would reach out to other trading applications I mean they're very boring, they're very stuck in their old ways and I think only time will tell where they're gonna get rid of the old and then you will be end up actually taking over. But again, obviously this is more for trading and the other accounts are more for long-term plays, right? So yeah, all right, let's go ahead and move on to P. L T R.

So this is Palantir. Palantir was also not performing the bass Palantir recently performed well and again if I'm not mistaken, that was due to earnings. But again, do not be surprised. I cannot say this enough.

Anytime anything gaps up this quickly, it does and almost always correct itself right away. right? same thing as it did last time. I Mean if you are looking or asking for what is an ideal setup for a stock to short, it would be something like this. right to make money on the way down I can enter here and then cover to close here.

That would be my ideal setup. This is not something that I would touch as of right now just because of how overbought it is. The RSI Just everything is just screaming that it's ready to pull on back. Okay, yeah, I'm sure it is.

Uh, Super Micro computer S M C I all righty. Uh, this one's actually not performing too too bad. Wow. Okay, so this has to be probably the best stock that has been suggested that isn't super popular already.

Do you get what I mean? Like we've broken down some good ones, but they're mainstream kind of companies. now. The only thing that I don't like about this one right off the bat again, I'm pretty picky on this is the trading volume. I Can tell the trading volume is relatively pretty low.

How can I tell? Uh, do you guys see these dashes, right? That means that within that minute there is no change of range. And what that tells me is that there's not a lot of volume. There's not a lot of activity. which means that there is no range time.

like there's no change of that range within that minute. And to me that's not very attractive. Like why is this receiving such little trading volume? And also they're more easily manipulated when it has this low trading volume. But right off the bat, it's very overbought.

I Would prefer it as it gets closer to the moving average as we can see that you know this thing has a beautiful history of forming higher highs and higher lows. at least it has for the past year and when it pulls on back it gets it. When it gets closer to the moving average, that tends to be more of the ideal entry. So when asking yourself when's the best time to buy again, it's during very down times.

but as it's closer to the moving average here on this day, charge. So I like the stock I just don't think now is the best time. Imagine buying now and then it drops all the way back down to 83 dollars, right? A very simple thing that you can do is just set your alerts and wait for proper confirmation. But I like I like the stock, it's self.

so a BBV what's going on Victor A BBV I'm going to break down three more stocks. If you want me to break down your stock, feel free to share it in the live chat and remember you do have to be subscribed to participate in the live chat. So a BBV also another very good performing stock. We have broken this one down before, but not in some time.

Uh and again, if you're an absolute beginner, one of the biggest suggestions that I can have for you. First off, I will never tell you where to trade, what to trade, what to buy? Let me say this now: I Hope you see this and listen to this. If an account pretending to be me messages you that they're like hey, I'm going to trade for you I trade for other people I'm going to manage your money. it's fake I Don't ever message you first First off, and I mean this in a very respectful way.

I will never message you first I have one account I'm verified in that account I Have no WhatsApp I have no telegram I Don't trade crypto I Don't do Bitcoin those are all fake spam accounts I offer one service and it's learn, plan, profit, and that's all. and that's just so you can watch me trade live. If I were you the one Focus I would have as I'm learning how to do something is learn how to trade and learn how to invest in my in positions and stocks that are showing signs of continuous growth. Because even if you're wrong with your timing, you don't have to be perfect.

But because this stock has a tendency, right has a history of being so bullish, you're giving yourself a better chance to come out on top. And that's why I say this. It's not because I expect you to make the most amount of money. but even if you make a mistake, right, maybe your entry is not the best.

Maybe you bought a little bit too high because of how consistent the pattern is. As long as it has a consistent bullish pattern, this goes for a long period of time. You know you do your part of waiting for proper support, waiting for proper confirmation. Then normally as time goes on, this thing should recover.

not always. but again, at least you're giving yourself a better chance where direction is in your favor. Direction is such a big thing. and looking at recent patterns I can see why you're paying attention to this.

It's very oversold based off recent patterns previous resistance at 166. I mean if we look at this based off of previous lows to previous highs, that's about a 12 return and a perfect roll. even if you make seven to ten percent of that Again, it's a decent setup, nice potential, actual nice overall direction, and in my opinion, out of all the stocks we've broken down and I know this one has healthy amounts of volume. ah, actually, not as healthy as I thought.

But this one or Smci are my two favorites so far. just based off of the patterns that they have. and I like this recent drop, but obviously you know there's no indication of an overall reversal. If you're part of our Lpp team, you know exactly what I'm talking about.

Three stages of a reversal. there's rejection, and then we wait for consolidation, and then we wait for confirmation. If you're really trying to be selective on when to properly enter a trade, so our achievables: I've been watching you since 2018 years ago. I Appreciate you man, thank you again for your time! I Think that's the best way that I can put it? What's going on? Braylon Let me go ahead and break down your Tesla love to break this one down for you.

So I'm sure a lot of you guys can see this on the four hour time frame getting rejected off that moving average. Testing this EMA line can we go back to 150? No question about it, the big question is if the NASDAQ Market sells off, it will bring down Tesla with it. Overall, Tesla has been getting rejected by this moving average and is still forming lower lows and lower highs. Tesla's a little bit of I would say is the riskier of the it's one of the riskier stocks out there when it comes down to how valuable it is.

It's valued at half a trillion dollars, but yet sometimes it trades like not a lower cap stock, but sometimes it does right. So lower highs lower lows I mean I would love to buy some more Tesla at 130. I don't know if we're gonna get to 130, but um, it looks like Elon is finally figuring things out with Twitter right? assigning it with a CEO Um, he just needs to stop all of these price drops. But nonetheless I mean a lot of it also has to do with the overall market and the overall economy.

Um, and and how that continues to go with markets continue to drop then so will Tesla but only time will tell, right? I Don't think Tesla's at a bad price right now at 165. The biggest thing is that it's still showing a lot of patterns and and a lot of indication of being bearish. right? with these lower highs still getting rejected, still struggling to break above the EMA line, those are kind of the red flags. So right now I would say that we're either at a very early stage for a potential reversal, which would mean that we actually break above the moving average.

I Would love to see Tesla back in the 200s I know I'm not the only one. but nonetheless, as of right now, it's just too early to tell. and based off of How It's been getting rejected. and if the market does pull back because the market right now is at 2023 all-time highs, right for this year if the market does pull on back, which again, wouldn't really surprise me, then again, it's not really going to surprise me if Tesla goes even lower than the 150.

Ricky Can you break down here? let me see: a T R U P T R U p I Have no idea what this is. What is this? so you bought it at 40. Yikes. Lower lows lower highs I Mean again, if there's a textbook set up on stocks to avoid, it's literally this pattern right.

Lower highs, lower lows getting rejected by that moving average. this is on the day chart. This is why I Always ask you to ask yourself right. take a step back, get a different perspective, and look at the larger time frames.

Look at the real direction for that specific company that you're about to invest in. I Mean even at the forty dollars a share you were by taking a step back, you could have easily seen right at forty dollars a share that it just broke below a previous support. Which means that it can continue to sell off. Now we're below that 40 price point.

We're below the EMA We're below the moving average and we've been selling off since 2021. So I don't see why anyone can justify bind into this without understanding the risk that this thing could continue to sell off. I Mean someone can try to come in and try to buy it right now because it's super oversold. But from 20 it can go to 15, and from 15 it can go to 10, right? And that's already another 50 loss.

So please make sure you always take risk management into consideration. And it's not even so much about buying it at the lower price. but getting in at the right time, right? There's this common saying of: I would rather be late to a rally than early to a sell-off. Think about that.

I Would rather invest late to a rally than early to a sell-off. All right, let's see. so. K-o-h-r I'm sorry, C-o-h-r My bad, All right.

Lower highs, lower lows, consistent descending pattern. Yep, Again, if I'm going to keep this one very simple, just like all the other ones, right? If you're so certain that this thing's gonna eventually recover, then set your alert and actually allow it to break above the moving average. I Mean there's no indication of that. it continues to sell off.

And on top of that, it looks like it has pretty low volume. So just another reason kind of to add the cherry on top on why I wouldn't buy something like this. Yes, it's oversold. Yes, I could try to recover.

If you like trading from the lows and then selling at the highs of the moving average, that's up to you. But again, just like I said, do you want to learn how to swim with the current or against it? you are making trading more challenging and more difficult for yourself. By focusing on stocks like this, it's not impossible to make money off of stocks like this. I'm just saying that it's simply more challenging, right? So please make sure that you are aware of that Ffie.

So I think I'm past 10 stocks. But yeah, and I'm not going to end it with this one. More lows, lower highs, and this thing's a penny stock. I Don't trade penny stocks.

it's just not my thing. So um, overall, um I'm I'm cash right now I Wanted to show you guys I have no open position to my understanding on Tqq just so you guys can see I Have my one lucky share on Tkq and my one lucky share on Sqq. So I'm starting off the week fresh, ready to go I Don't care if the Market's bullish I don't care if the Market's bearish. all I care about is Market Direction And if the market begins to sell off, then I'll go into Sqq and I'll make money as the market sells off right because SQ goes up when the market goes down.

If Market's bullish, then I'll jump into Tqs right if we head on over to try to make new highs. My main focus every single day. It's pretty boring. It's very simple, but it's always Direction I Do believe the markets are very oversold.

I am a little bit more biased on that that. I Do believe that the market should pull back based off of how overbought we are and at the current levels that we are for 2023. that it wouldn't really surprise me if markets do begin to pull back a little bit. but that's just my own opinion.

Nonetheless, the thing that always matters most is: Market Direction Trading against Market direction will always most often burn you, right? Keep trading simple, don't over complicate it. focus on in specific things that most people don't and that's not over complicating your trading again. Friendly reminder I Wanted to share two things with you guys. First off, it should be the first link in the description down below.

You should be able to see it. Let me go ahead and see if it is. Yep, it's the first link in the description down below. I Wanted to make sure that you guys could see it.

Let me go ahead and pop it up for you guys. For those that tuned on into or haven't tuned on in to our free live training session, it's the first link in the description down below. If you don't see it, feel free to refresh it. but you can save your spot for this Friday which I believe is going to be the 19th of May We're hosting another Free Live Trading I'm giving away another one thousand dollars and it's free to be able to watch, right? So if you haven't saved your spot, it's the first link in the description down below.

So make sure you do that right. If you're someone that's ready to join our LBP team, you will get 5 000 entries and we are running 150 off sale. It's a one-time payment lifetime access and you get to watch me trade live every day. That is the second link in the description down below.

and the last thing that I do want to remind you is that I think we started it yesterday. We're giving away a prize in every single order and it's this week only. So again, if you haven't entered our GTR giveaway but you've been waiting for the right time, now might be the time, right? Every single order gets a prize. The prizes are anything from a PlayStation 5, an iPad an XBox Smart TV one to a hundred dollars cash drone Apple Watch beats right.

And then on top of that, you also get automatically entered for the GTR giveaway. So every order gets a prize. it's either cash or one of these prizes. and then you also get automatically entered for the GTR giveaway.

This prize week started yesterday and then it ends right as a countdown for you up here. So you can select your favorite items, get automatically entered. you get your prizes in the mail and that's all at Shoptechbutts.com or the fourth Link in the description down below. So just wanted to make sure that you guys were aware of prize week.

just wanted to make sure that you guys were aware of the free live trading session this Friday And of course, if you've been waiting for a discount for Lpp, it's linked down below for you 150 off and if you have any questions, feel free to message me via Discord or via Instagram I Appreciate time I Hope that we're in. Thumbs up! I'm excited for this week! I'm pumped for this week I Want to see where the market goes? All I'm hoping for is a clear Market Direction and I know I'm not speaking just for myself, but I'm speaking for a handful of you guys as well. That's all I want I Don't care if the Market's bullish I Don't care if the Market's bearish I Just want there to be a clear Market Direction so we can short the market confidently or go along with the market confidently. So I'm excited to go live with you guys tomorrow.

For all of you learn, Plan profit. Traders Either if you sign up today or if you're already part of the team, set your alarms for Market Open. It should be a fun live trading session and I'll see you tomorrow right at Market Open Like always, continue working hard, continue following dreams. Let your passion be at Dragon your success And like always, let's make sure that we're in the year on.

Agree Now take it easy team. There we go. Good night.