All right good afternoon, everyone welcome back uh, two things as always: drop your tickers and questions in chat and number. Two remember if you are on instagram um last time, i'll remind you um, remember we're going youtube only starting monday. Um so anyway go to youtube search stocks to trade there. It is so.

My number one is lcid this morning um. This was an afternoon idea. Uh. Let me i'll just read my notes from 3 15 p.m.

Lc idea swing, tesla's, simply high all-time highs. V web reclaim it 3460. um goal 40, plus a lot of peop everybody's trying to guess the top. So this is, you know this is basically.

This is what we look for every day, short sellers just getting squeezed out, trying to guess the top getting stopped getting stopped stock just keeps grinding higher. I think 40 plus is a reasonable goal. So that's my number one for today. That was the uh afternoon idea in uh daily market profits.

Yesterday, um continuation. So that's number one for moi and let's get to some questions, so red red wine talking about lcid. So if you're, not in lcid um. I'd look for this.

You know trade bounces off of green to red v, hugging action - or even i mean you know it's not what i it doesn't have as much range, but i mean you could trade against you know kind of like what we call more of that kind of that Dip and rip, you know basically a break over 38 39. What i do like about that is you're combining a couple technical breaks. You know that was re. That was resistance from last night, so right here last night shows how old i am yesterday afternoon.

So 1 p.m. That 39 was resistance and then 39 has kind of been resistance going back to about 6 a.m. So i think if you get breaks of 39, you got a good entry there and then again, if you're, taking that v hugging type idea, you could just risk a a red move. Now remember higher price stock, a lot of range.

You know this had um. You know 12 dollars of range yesterday, so it's one of those situations make sure you're sized accordingly. Okay, i mean remember: we love these volatile stocks, but you know when they we love the big moves, but that cuts both ways. Okay, so don't don't be oversized on a 40 stock with 12 of range alpha's back says.

Uk fan, i don't know, is alf back, oh back to four yeah yeah. So okay, so thank you. Uk fan so um at first. I thought you meant elf was was back, you know, i mean this is one of those situations where thank you, uk fan for actually having a memory, always kind of cracks me up in this day and age and uh.

Oh, actually keep an eye. I do plan on announcing a sign up for the mentorship um. The the uh mindset mentorship next week, um again keep in mind it's going to be something it's. The idea is, it's not trading related, but at the end of the day, everything we're going to talk about will help your trading okay.

So so, anyway, again i've talked about it. A lot this week, um keep an eye on my personal social media. This is kind of a personal project for me, but anyway the the point is back to elf um. Remember we love this thing.

We loved it in june, but but i distinctly remember, i distinctly remember saying on you know day one day two day three day: four, i'm like listen. This is a squeeze trade it like one, but it's going back to four. You know or it's going back to. I mean i i believe i said and again uk fan.

I probably said this should be a you know, four to six dollar stock, and here we are so the point is: there's no trade here, but great, i'm glad you brought it up uk, because this fell off my radar but understand these stocks aren't long-term holds okay And you can't break your stop, you know, and these are day trades so and i remember getting yelled at i remember getting yelled at in june because peop all the true believers were like. Oh my, oh, this is the greatest thing ever you know they. They put some cheese ball tablet in the back of an uber or something it's like. No, no, no, this ain't changing the world.

Okay, the same amazon, the same apple! You know no, this ain't tesla! So anyway, let's move on. Thank you, uk fan, but there's your lesson. Your lesson is: if we've got some wild runner today, understand the difference between day trading and swing trading, okay and investing all right, m-e-t-x and i'm not trying to like be like. Oh i'm so smart, listen by no means without am i trying to be at sit here and be like? Oh i'm, so smart.

I predicted this. It's a penny stock. It's a penny stock. Okay, all penny stocks do that it's not rocket science.

We ain't split, no atoms here, figuring out that all penny stocks go back where they came from so anyway. That being said, m-e-t-x um, another china, education play man. I just don't really like these. I know they're moving, i know they're running, i don't know, i don't like it anil do what you want anneal.

Do it. You listen these lists. These china, education plays, have been hot. I don't like them so tre yo, listen, try to dip and rip trade, a view apple trade, a red degree.

I want nothing to do with them. Kyle asks about gfai gfai strategic partnership. They hired an ir firm, um um. Well, you know what i'm gon na say: 7 million float, 12 million shares traded, it's a dip and rip, but 9 45 or later based on this news.

They hired an ir firm, um g uh, i'm gon na. Do this elf. The pattern repeats all penny stocks fail and then um g m e t x. I hate these china edu plays, but they have been hot and then gfai float rotation.

So it is a dip in rip, but i say 9, 45 or later very dubious news. Wtrh. You know man, i tell you when it comes to low price stocks. This might be one of my favorites um i'd look for reclaims of two on wtrh food delivery.

They had some headlines update on blue apron, yeah just kind of going sideways. Now um, i would say this: if you're, if you took the breakout on blue apron, i would trade whole dollar half dollars. So this is what i would say, red cross wire um. If it can hang above eight, i think again, i i really do like these meal delivery ideas like wtrh.

I think you know it's just i don't know. I mean it's just the world we're in. I i think these these meal delivery. I it's just the world's different.

Now i mean i'm not gon na go into the whole covid thing again, but um. If it can hang onto eight i'd, let it work stop out under eight. You know to me that's a break of of support, so move on. At that point, remember in in short-term trading the chart always outweighs the fundamentals.

The chart always outweighs the sector, the chart always outweighs the news, etc. So the chart always wins. The chart always wins. Respect the chart um cmps, no volume, nice breakout, but no volume.

I don't really have a read this thing - only traded 400, 000 chairs yesterday, so not a bash. I just we so not a bash. We just don't really talk ill liquid stocks here. So it's a nice breakout i'll tell you that so uh zeela break of last night's highs, so i'd set an alert at 225 on zeela.

I like this for a possible squeeze a little bit higher float, but um zela target area 225 a little higher float, but could squeeze on a friday um twnt. What is twmt tailwind? Two acquisitions um big spike early. Oh it's a day once back; okay, oh okay! So what are these? Which one is it so many spacks out there um, which i love twnt spack, which one is this? Well, not space, heater, spa, um, terran orbital was this some space company or something sounds cool satellite maker um? Definitely a watch price action's terrible. This morning, but listen remember a week ago, okay, so i'm going to end on this um price action's terrible this morning, but remember dwac a week ago.

So this is definitely worth keeping on watch for some volume and price action. I mean it's. I mean this thing. Has just gone lower lower lower all morning, but spax are hot, remember, dwac, so uh all right.

My friends definitely check out the weekend watch list. Stockstotrade.Comwatchlist um last reminder to all of you on instagram go to youtube subscribe, ring the bell, get the youtube app again. I just think it works with the screen share and the whiteboard it just works better. So i love each and every one of you on instagram.

I love you all. I love you, love. You lovely love. I love you, but it's just better on youtube.

It's just another app just get the app subscribe, ring the bell and we're all happy get. The watch list keep an eye out next week for the uh mindset mentorship. I need a name by the way and um have a great day have a great weekend check out the steady trade team, and we will see you all next time. You.