Foreign. Good morning my friend. Uh, drop those tickers and questions in the chat. Uh, welcome back sorry I just got a text I was a little distracted there.

Uh, welcome back everybody. Shp-h right off the bat. Uh, we got us a crappy low float. um Biotech former Runner uh ran nicely on Friday spiked up in Pre uh uh.

decent volume. three million shares at 8 30 a.m Not terrible by any stretch of the imagination. Probably two different ways to approach it. Primary would be just to use the dip and rip which is our favorite way to approach any sort of crappy low float Biotech or you can wait for the Oracle levels.

Oracle's been crushing it lately. um Sh pH uh bread and butter DNR Setup: crappy Biotech Oracle levels plan also very valid. Then on point lately. Um rmed hanging around near Red to Green um nice to see you know I really I Have to admit, um, expected a much more explosive move out of our Med on Friday when it retests the highs.

So I would you know that's concerning to me? um that double top at five I think I think a red to Green you know this was on the weekend. Watch us I think a red to Green may be a little aggressive um considering it is tried, you know three times to go. uh, green this morning that that is concerning to me. um I mean listen if this thing was like in the 470s, 480s, um I would love it.

but the fact that it just keeps bumping against Reggie green I think you're kind of begging to get stuffed on a red to Green I'd probably wait for that five area or even a you know, a true high volume break of five bums me out. Uh, but hey, price action is price action. um really struggling to go green all morning concerning. uh, probably best to wait four or five.

Nice chat blowing up. Thank you guys Beautiful man. you guys guys are bringing the Heat this morning in chat. uh thank you as always Alex for feeding me tickers V-a-p-o NYSE stock higher floats nice chart Lane Volume uh um, what is this Medical devices Maple Therm um oh, it's covered yeah I mean I know they're trying to Brit you know they they are trying to bring Covid back.

um I afternoon view app hold and mainly just because of the volume. you know I can't as we often discuss I can't really give you a morning plan and yeah, and I think everyone gets that I mean I can't really give you a morning plan on a stock trade nine thousand shares. Kind of like you gotta see if it actually trades real volume and then you apply the afternoon patterns. So sorry.

but it's just the reality. A nice chart and covet is uh back. uh, needs volume though. look for afternoon confirmation.

uh some of my face. by the way, Xpev probably number one for me. um this thing just punishing charts. So a 1350 break I would say for right now um Oracle shows major resistance 1322 I probably like 13 20, 50 a little more.

probably my number one for this morning. I mean Xpev full squeeze mode So um Comms Cosm is back I Don't know about Coms See I Just prefer Um I just prefer Cosm see Coms just kind of follows Cosm I I prefer it Listen, if you're gonna trade one of these, Cosm has been at the top of the Oracle list every day for like three weeks. So in my opinion, Cosm forget Comms Comms just slow. And the problem with comms is it like slowly follows Cosm.

So if you're gonna trade one of these I just say stick with Clsm. As always, that's not a bash on comms, it's just Comms is like a slower version of Cosm. Does that make sense? Hopefully so avct too light a volume I mean if it breaks 130, the volume will come in. but no range I mean no offense, but you got you got three cents a range and a hundred thousand shares traded.

So as always, don't hate me. It's just it's just three cents of range and a hundred thousand. I I Can't I can't give you a read I can't I I wish I could Flgc dead Ensc spiked and failed already. There's a chat pump.

What's this? This is a chat pump. Looks like one overdose. ooh overdose protection. um uh over Note: Okay, this has been a hot sector through the years.

Um, Dip and Rip I mean the best way to approach it again I Don't like the fact that it just spiked and immediately slammed back. but oxy overdose I mean listen the uh we. We try and keep it upbeat here, but uh, you know the opioid epidemic epidemic, you know? I Wish people uh I wish people cared as much about the opio opioid epidemic as they did about all these pretend problems in the world. You know foreign politics here too.

But anyway I wish everyone was as concerned about the opioid crisis as they were. is is what you know. Pete Davidson and Kanye West and Kim Kardashian were doing but or or some athlete was doing. but oh well.

Dip and Rip I can hope I can dream I will fail. A lot of people asking about Ensc. So again, Dip and Rip push through three so wouldn't surprise me to see a chat bump on Billy Man, B-i-l-i just an incredible swing trade by the way, um, earnings winner I If you were here day one of the earnings play um we we broke this down and every day I've said you know, every day we've talked about B-i-l-i I was like I don't know why you'd be selling so oh I mean to trade it up here it's already doubled so I don't know as much as I Love to say no stock is up too much You know the problem is, it was an earnings winner a week ago. it's doubled since then.

green every day since then. I Feel like you need this thing to go into consolidation mode for a while? Okay, so remember did I have the webcam on I Do not I need to turn the webcam on. sorry about that. So when we talk about, you know you'll always see me do the the hand brackets.

Okay, and this is basic I Always talk about my love of Brian Shannon in technical analysis on multiple time frames. the book is right there, book's never far away, so it feels like we need to move into a stage of consolidation because again, it's beautiful with Billy was I Think maybe you're looking at it today because maybe you're looking a little bit of fomo. Let It consolidate let it prove itself and then look for perks when it breaks back out of that range. Very, very standard, you know.

Brian Shannon Phase four uh uh, or or yeah, phase four, Phase one through four of technical analysis. So now now I want to rephrase. That being said, if you're still in Billy again I See no reason to sell this. You guys get that.

You know it's like it's one thing. If you're in Billy from you know, 16 bucks, well then why would you sell when it's green Every day you wait for the first red day, you know. So you just you put this thing on autopilot. Wait for first red day, sell? You know your 16 position at you know, 25 or something.

But but to take an entry up a hundred percent green every single day seems very fomo-ish to me. I Think you should practice patience, allow the stock to consolidate, and they'll then look for perks to break out of that multi-day multi-week area. Kind of a bigger picture idea than we often talk about here, but um, as always, you can always click that link to join the steady trade team, you know? I I Remember what we do here is 15 minutes. So part of what I do.

Even though last week I got very big picture again, we only really focus on a handful of patterns here because it's 15 minutes. so it's like it's very difficult and and some of you might be like, well, too bad Tim Do it. You know it's very difficult to get into some of these bigger picture topics or to get into swing trading or to get into other patterns outside of the main morting patterns. The week: open red greens.

The red greens bounces off V webs, the dip and rips. you know the the first cane first green candle Fgds type stuff. so it's like but I got 15 minutes Nio um I prefer Xpev. Nio follows Xpev.

Probably 1450 breaks bounces off of V-wap afternoon view app holds. so again, Nio just tracks with XP EV I prefer the the Market Leader. so um, Avxl Yeah yuck. Sxtc Three million float three million shares.

Any news what you got for me? Breaking news I don't see anything What is this Chinese drugs kind of I mean I'd like to I mean it's kind of. It's traded the flow but it's not really moving much so I kind of gotta wait and see on Sxtc What? I mean I Don't get why it doesn't have more range with it's traded the float and it's got. You know it's traded the float from 6 A.M to now three hours. it's rotated the float and it has 10 cents of range.

That's what is the float right? I Wonder if this is actually my point is if you rotate them, it looks like that's okay. Um I I I I'm baffled why you would rotate the float in 45 minutes and have 10 cents of range again. concerning to me doesn't mean it's off the list. doesn't mean it's not a trade, but strange.

strange Behavior strange Pro of so all right. um number ones cosm man. xpev shpc uh and then Ensc I mean listen I You know the thing with Ensc I Never like when they give back the entire move. Okay, so write this down.

This is my closing statement. Okay, and and I often end this when we've got a low float Runner Okay, it gave back the entire move all but 20 cents of the move I Don't care about it down here. Now everything changes at the high of the day. Okay, so if five minutes from now, this is it.

285. If five hours from now, this is at 285. If tomorrow, this is at 285. everything changes but down here in the dumps.

So again guys, check out the Steady Trade Team Man two webinars a day hour long. You know we we just have so much more time to to really get in depth. So have a great day. Check out the Steady Trade team and we will, uh see you next time Foreign.