Good morning, ladies and gentlemen, boys and girls, everybody welcome back have uh. I hope you guys had a good night. You got some good sleep hope you dreamt about happy things good morning, guys good morning, czech dads, that's huge pop, don't see it on my scanner, but hopefully, let's see hmm. That is a gigantic pop okay.

So we're coming up to my level again. Oh it's different! Now so we're through that, i should probably delete these levels they're a little little iffy a little outdated, probably so yeah you got your pop breakout on dats right now, it's probably going to pull back to try to test support trend that trend line. I just put right there: that's what it's coming back down to try to support um, so you'll probably see it pull back a little bit and give yourself like a slight green candle. Maybe um just trying to finish doing this really quickly, all right so they're about the same.

That's good yeah! So you can see you broke that white line pulled back to the white line, so that's kind of your first long-term statistical resistance within this up move. So, in order to keep going higher, you would typically need to stay over that and, if you don't then shorts will snap it down under and they'll. Try to take your move on dats back down into that zone, so um can dats move higher, uh yeah. It can with obviously enough buying um, no doubt yeah with enough buying.

This could very well continue. Um. The next long-term level i would have to the upside is up here. So if you get a hold here and the move squeezes through the highs and turns into a big pop, you would then look up to the price of 1045..

Let me go back yeah, so so again, let me and i'll put it in a different way. So if you believe that this is going to go, full-on rip show over the next, whatever you know back into these highs, like you know mr morris couple, others on twitter, i myself have talked. We could very well get this price into that level. Um with enough buying pressure, of course, and a squeeze, but you know like the max you know: potential volatility range of dats you know, theoretically, is all the way into uh 19s to 20s, so the right pop, obviously the right pop.

Just like anything but yeah i mean volatility structure has up to 20., so for what it's worth being down here is very um, very low risk right, because shorts would have been trying to take out previous swing low. They failed sucked up squeeze so i mean theoretically, this is pretty low risk and as long as your stop is kind of below that low you'll probably be fine, because that's the break of the most recent swing low. So if you go below there, then arguably people might try to pound it down and sell it down. But for the time being i mean you're at previous swing, low didn't break down, started pop low neg one i mean it's pretty low risk entries and just in terms of ownership there does it make you money right away, but ownership prices aren't bad yeah.

So so shibba shiba shiba shaba shibashi, shiba magu uh went crazy past couple days. Um i've been a little bit of a twitter fan boyana because why not um? So i've been posting funny things like cancel your netflix subscription just by shiv and doge, because i mean why not i mean it's same as spending your money on netflix. The only difference is you get to watch a show and with shib you get to watch a chart same show. Every night moves a little differently from day to day, so it's like a different show every day on the chart similar to netflix, except you can actually maybe make money.

So you know i've been trying to convince people just to ship and dodge it out. You know and cancel their subscriptions, we'll see if that picks up uh, but anyways shiv went to the moon, ish and uh. I sold a little bit of it. I think i sold like a thousand dollars worth or just over a thousand converted of that to bitcoin.

Last night, because bitcoins in a dip shiv's on the high so converted my ship to bitcoin as bitcoins down ships up um still have some but yeah ship's cr doing well doing well. So today, uh, let me go to this guy right here. So this was something that i well i'm still following uh. So far it's struggling right, you can see.

I mean you, can just look at all these lines pretty much. The way it works is through this line. We go to that line. If we don't go through this line, we can pull back all the way down to this line.

Blah blah blah doesn't really matter, but pretty much. This dotted white line. That's the breakout um through this with the right volume, we'll see this market up to 82 today. So that's what i've been kind of following to see if we're going to eventually get with dwac, but so far it's been uh.

Well, so far just hasn't even had come close. Well i mean it hasn't happened, it's pretty straightforward. So this is a situation where markets are now trying to break previous swing low, so this is where some longs are probably going to get ready to stop out. If yes break previous swing low again, some longs are and will stop out, because let me show you, let me grab my uh my drawing tools really quickly too so yesterday ended up being like uh.

It ended up being a good day like it started off kind of like slow and rough. For me, it's like, i wasn't really making good money and kind of kept giving some back and then, in the end of the day, all my swing, trades and everything and a couple of my day, trades finally worked and like flipped green, so my p l went From like, i think i traded like 18 stocks yesterday or something like that. It was right on like 10., it's like gosh and by the end of the day it all flipped and it was like freaking. It was like 15.

It was like 12 green and like six red or something yeah, so i was like so yesterday was a little bit of a battle for me all said and done by the end of the day. Um. So hopefully, today can roll a little smoother than that, but not gon na happen for right now, because i got a short on riot mara and amc that are underwater uh because dw8 not dwac, because um bitcoin went up but we'll get into that whole thing. It's not like, i never explain everything so we'll get to that um, but yeah a potential play on the long side, if you're really into dwac, would be like a move through this level to 80 bucks.

Yesterday, we predicted the move to 75. We even set a target of 80, but we only got to we only hit 74., but we suggested watching for 75.80 yesterday on dwac on the long side. Um it started. Remember we were like: oh it's going to go down and then watch it long.

So we kind of like flipped biases like three times yesterday. First we started long, then we flipped short. Then we went long. Then i went long again and now it's just.

Do we break this trend and go to 80., so we'll see um we'll see how today shapes up on dwac, but for right now i mean your most two important levels. Well, three important levels are 80, this trend and that trend and right now it looks like the bears are trying to break our previous swing low if they don't and they get popped back up. That's probably a good sign. We're gon na go through that trend.

So time will tell not much time left here to see what this short term trend does, and this is just a one minute chart right. I mean that's a one minute on dwac, so um, you know like five minute previous swing lows all the way down there. Um, you know you can have one all the way down here, so it does depend on what time frames you're looking at how fractal you're getting, but i mean same rules, still apply it's pretty straightforward if, in the event, dwc actually gets up through this price at Some point today, you would most likely see prices of 80.. How do you deal with trading stress um generally, if you keep your money pretty in the right risk category, then trading is usually okay, but if you are risking too much, then that's when gets all like out of whack, which i've done so many times.

I've risked too much on plays, i think i know for sure, and then they don't pan out or i've or i've risked a bunch of money on plays. I didn't even know it would work for sure and they work better than the ones i think are gon na work for sure. So um, generally speaking, if you just kind of keep your money around five, ten fifteen percent position wise it life is just pretty. It becomes much easier while looking at charts, if you may so alright, so remember how i said: if dats did not stay over this, it was going to swing back to like that blue and purple.

So there you go so it's a classic. I mean, like that happens you just kind of have to get used to reading the chart like that and you'll see that move every time or you'll just be like you'll, be aware of kind of what's taking place when that's doing that dats equals vbig um i Mean i would say dats would be bigger than bbig myself, but uh i mean like. If it went yeah i mean i think it would be a little bigger um, but yeah i mean that's to me, looks like a pretty solid long setup. It's just a matter of when and how it actually takes off, because, oh one, second, i totally forgot.

I was gon na, get my drawing tools um. So today i got ta put a reminder on my phone today: it's today friday. No today's thursday never mind. That's not today, wow, i have a busy day friday.

I got five meetings for our day: geez, okay, um! What's it looking at there, we go uh stock rfl came on the scanner, i'm not sure. If it's of any interest um. Let me i haven't done this in a while. I haven't been writing tickers now, but i don't try to do my best here.

I remember seeing irnt from yesterday. I remember that guy we even kind of mentioned that uh we'll talk about tesla. I had a short plan tesla i had to cover today, unfortunately, which might have been theoretically too soon, we'll see um, but and if, if we don't yank, then my puts will also get smacked. So tesla could be a burn on myself, but we'll go through that whole play um.

What's the next one, hcw yeah, i mean we, we did hcwv earlier in our group. Does it get there lucid yeah? I mean we can take a look so for one. Why you're upside down? Thank you all right. So i'm just going to run you guys through dats, really quickly, i'm not going to take a long time all right, ready we're going to go up.

There's a flag! There's a break up to plus three obviously sell down. There's a hold of whatever squeeze back up double top: whatever comes back down to oversold levels, then it gets squeezed all right. Then it goes down again to oversold levels. Then it gets pop squeeze okay.

So if you actually look at the chart right now, okay, we have up down up lower high down trending, okay, um. Sorry, potential start of downtrend we'd have to get a break of the previous swing low, to really be down trending all right, so we go down, but we do not break previous swing low, so we're still up trending. Theoretically, okay, so then it comes down, does not break previous swing low. So, theoretically we're still up trending.

Okay, then we go down. This goes lower goes lower. Theoretically, we just double bottomed on previous swing, low we're not even in a downtrend. This is really just kind of like a descending wedge theoretically, but not an actual downtrend because you're not through, like the big daily swing low.

So, if you're looking at from the daily chart, this is theoretically still up trending, okay um. So when you look at the price being all the way down here, knowing that it's theoretically still in an uptrend because you're not below this previous swing, low um and that's it, it depends on how fractal you're getting because, if you're using like you know, it depends On how you're looking at it, because you could be like oh like in this moment in time - yes, we're in a downtrend, lower high, lower high, lower high low or high right, but if you're playing the whole picture, you'd be like well. Theoretically, you still have like an uptrend here, so the objective is dats stays over that low. If so, yes, you can ramp a squeeze.

Okay, dwac could go. Today i mean yeah, we covered dwec, pretty pretty good already, let's well, i got to do something here: um, so yeah d-a-t-s. So look at what d-a-t-s right, so it just squeezed back up to where the white line right. Remember we put the white line.

So that's very important, so you'll see it goes over. White pulls back, tries to hold white, goes below white bounces back to white downtrend potential, downtrend kind of story there, but anyways you get it really don't have a break of the previous swing low. So no break of support so theoretically still kind of uptrending um yeah. So let's cover the market that way we can just kind of get everybody up to speed on that.

That would be a good place to start today. Oh, if the pinch nerve in my back would just ever stop great so you'll. Remember i mean it doesn't matter yesterday. We're just recommended markets can be bearish um through this price point.

So through that white trend line, that is what we were watching for the breakdown yesterday. You will see that in the morning we came to it. We broke down back up, then we came down to it. Couldn't break, couldn't break, couldn't just chopping.

It oh try to go away from it. So, like kind of like a flag, wedge people traded into yeah just kidding so then they all just kind of snap on themselves through the white line so uh today, it's pretty straightforward. I think uh going to see the market probably go back up to this trend line. So what you're going to see is probably the market retraced to about here to start the morning, so you can be long biased the morning starting on the spy and then when you get to here, reverse your bias to short and uh.

If the short doesn't work, then that means our market's super strong, okay, if the short works - and that means conor's idea of the market's turning bearish over the next couple weeks, is right. So you're gon na watch for the market to increase on the s p 500 to a total of hold on one. Second, let me see waiting. Yes, actually, that level is slightly off.

I apologize you're going to look for the market to go up to on the s p, 500, 456 dollars and 33 cents this morning, when you get there, you're going to look to reverse the market short if it doesn't work. Markets are super strong, okay, qqq a little bit different setup. This one is just strong er. Yes, so um the queues are holding up well, even after we've gotten to our all-time high levels.

So most times we've been here, we end up pulling back. I could be too soon, maybe i'm wrong, we'll see, but you can see that the spy started pretty aggressive selling yesterday. So this is a little bit different, because so we go over the white line on cues, then we go back under then we go over. Then we go back two and we hold so i'm going to draw this line, so you can see what it looks like over the past couple days, all right.

So this looks like they're going to try to fire off a long squeeze here on the cues. All right, that's what it really does. Look like um. Let me do like a one minute chart here.

Okay, so if you look at this line that i have drawn out and we'll do it like over the past five days, maybe five day 15 minute - i mean that really isn't that great, we'll just go back to one minute, so anyways you'll see yesterday up down Back up hold crash down two slightly under back through uh, and then this morning we didn't really get true price action there. But ironic right, you get one of those big ass, ghost wicks right to it. Huh, so is that just some insider doing some dealings behind the books and say yeah, i think the market's bullish. Maybe today will someone give me some shares down here at 380 50 right on our statistical trend line which right now theoretically is support right, because if the market rolls down or above so this is a support.

Only if we break down does it then become a resistance. Like you saw on the spy, remember how the spy broke down. I said it's going to go back up and try to go like that. So um yeah, very interesting.

The fact that you get a ghost wick right down to our statistical level, um you'll, see that more often than not. So it's a very common thing to see that okay, um cmt class not going well. I just have to sign up. They do a test two times a year.

I haven't been studying as much as i need to, because i'm just always busy, but i do want to do it. It's not that i don't it's busy grtx grtx yeah. I saw grtx yesterday um all right i'll. Take a peek at iron t so um, i'm kind of sad, because i even said that iron t, i even mapped out iron t's breakout level like two days ago and then just didn't, watch it.

And that is actually one of my biggest mistakes. And i always see a play and then like it's just not ready, and then i go trade, something else and then i just kind of don't wait. And then there goes a big boomer so kind of on, like the um kind of like in this area. Of my training career, it's like i know i can see a setup, but i kind of just have to keep watching it.

So maybe i just got a lot going on and i just got ta make a big old poster. This is the play. Just wait. Maybe that'll work for me, so i got to get a little better at that.

But i'll show you the exact way you could catch a breakout play if you were smart enough to sit and watch it, which i wasn't. But so yesterday you will see. Where does the stock break out on iront? You guys know that whenever there's a white, thick white or a red line solid on the chart, those are the important levels to watch. So you already know, wherever i put lines on the chart, that's where you want to watch.

Okay, isn't it really odd that you get like a perfect bull flag right in between my white lines? Now, of course, if you don't catch, it don't mean, but you will see if we do zoom in there is a picture perfect bull flag right in between my green lines. If we do like a five day five day, five minute might even be like a little bit more recognizable for some right there, five day, five minute bull, flag, pennant right in between our two significant levels. As soon as we surpass my top white mcboom stick all right, then, where do we make boom? Stick two. We make boomstick 2, which would be one of our next deviation levels.

So we will show you that um. So not quite the millionaire trader myself, but you know, of course we always hope to be one day, so i think i'm i'm pretty close to hitting that status, not trading profits, but in terms of skill set, you know i'm starting to see things the way i Need to hopefully one day get there so anyways um yeah. If you look at the daily chart, we didn't - i mean yeah, it doesn't really matter. There was a gap to fill here but you'll see by the end of the day.

It ends up running to this half deviation price. It almost gets to the plus one deviation, which is at 19., and i think if we change it to the four hour, it went straight to the statistical mean so remember like i said whenever you see white lines on my chart. Those are the lines and those are the levels that actually matter everything else might just be a bunch of so remember. My two white lines were here and where are my other two white lines here, which is exactly where the market tops out.

So, yes, i didn't make straight millions on this, but as soon as i don't be a sally and i eventually start just banging out every single one of these trades, maybe we will but uh nonetheless. So that's how i would have gone about if i was in the trade and started leveraging it and catching the breakout. I would have then just targeted that level. So if i was in buying dips, none of these pullbacks would have really bothered me.

I would have just rode to that price, just anticipating that that's where the true supply is at, which would then bring the markets down. Okay, so that's iron t, which basically means you hit a lot of not like a lot, but you hit resistance there. All right! You hit resistance. This was your breakout all right, so this whole area from here to here this can just cause a bunch of confusion for you, because this is kind of like the run move right.

If you wanted to be short, you want to start being short around here, because that's a resistance. If you want to be long, you want to try to be long here because you're below the breakout, but now that you've broke out. This is the stretch move and from here you probably need to really trade on a very fractal chart. So if you're going to try to trade anything in this zone, you probably want to do it on a very small time frame, whether it be a one minute or a five minute and just trade.

The fractal trend of the one or five minute chart until you either decrease back down to supports where you can get a low risk reversal dip or until you maybe rip back up and then you're hitting this and going for a break out through that level. So everything in between here should be viewed on very small time frames: very fractal trade, the one minute, five minute trends back to the known statistical supports and resistances, and if you're gon na go for a bigger move, you're gon na need to break the the 18 Price point so yeah: that's about that cheers! You will. I want to see you on cnbc lego bb. Maybe we still got a lot of work.

There still got a lot of work to do, but all good there is some. There is some good news um. Well, there's always good news. Bitcoin is well.

I guess. Let's look at bitcoin. Let's do that. Let's look at some of the plays that i'm currently getting smoked on not really smoked on them.

My size is all bright, but it's just like they're all not working. So it's like now, it's not now looks like i'm getting smoked, so um m-a-r-a. So i'm short this we'll see if it ends up working. The only reason i was bearish was because well, let's start with bitcoin.

That would be a better way to start this. So you can see, bitcoin has squeezed up, which i kind of figured it could do that because we had a gap here. You see that gap. So the reason i think bitcoin's going up it.

Well, it doesn't matter what i think. So there is a gap to fill here, gaps like to get filled so probably bitcoin, trying to fill gap, maybe um and here's the nine moving average. So you know it's been on a good run. My case was, we would swing lower to retest this bigger support zone um, as opposed to holding some of these like random little half halfway marks so um i figured we would go down to here and i still think we can before we hit another big run.

So maybe i'm wrong, maybe i'm right! It doesn't really matter at the end of the day, um. What i am is long as we don't get completely smoked, so there's a gap till here. If the market eventually swung down hit bigger support levels, um you'd have a better dip, buy down there. Okay, so yeah anyway, so being bearish on something like m-a-r-a, even though it looks kind of bully there.

So i thought we might get a yank anna on. What's it called um bitcoin and if so, then i figure same same outcome: you're gon na see m-a-r-a roll down, and now it's not like i'm taking a bearish position at a really dumb time. Right, i mean think about it. You have previous top: okay, plus two plus two bitcoin was kind of rolling over um, so a couple stars aligning not to mention.

If you look at the spy from yesterday right spy started to get a little bearish, my anticipations, the markets could roll bearish for the next couple weeks or so so, starting to enter bearish while markets are getting bearish, bitcoin is getting better. So it's like things are lining up: it's not like i'm just shorting into a bunch of dumbness, so that was kind of the thesis there behind most of that play the other one is riot, some also bearish riot, even though - and i should have really been shorting, These tops that's typically where i try to get in, but i really thought we would just have continuation down on bitcoin a little bit, which would then just keep driving these prices a little lower, so we're getting into some of these plays yesterday and here's the other Thing right look at where the gap is on mara and look at where the gap is on riot and look at where the gap is on bitcoin and now you're. Seeing bitcoin go up overnight to where it's gap fill is and you're. Seeing mara and riot go up overnight to where their gap fill is, so i'm not really surprised.

I'm not caught off guard. You know, even though i'm red and i'm losing today, which is never fun, i'm not really caught off guard by this. This all makes perfect sense. Bitcoin has a gap.

Bitcoin's gapped up overnight towards its gap. Fill m-a-r-a ride over the past couple days, have a gap because bitcoin gapped down so gaps like they get filled. If these markets are going to roll down to me, it makes complete sense, maybe try to fill gaps first and then rule down all right. So if bitcoin is just doing a short-term fill gap rolled down to get a better dip by price than i think we will done uh cmara, we will see riot um start to swing a little lower and if i am right, i think you're gon na see This riot place snap down to like 24 bucks, 25 bucks, so we'll see um i'll show you another example so that you can kind of see the pattern here.

So if you look at, i think it's fcel. They don't look exactly the same but somewhat similar, um yeah. So if you look at um fcel on daily chart, maybe no not quite not exactly the same. I don't remember the last setup.

I've seen like this, but let's just say that it's it's like this, so you see how like the plus ones up here, it's not quite on the on mari or on riot. It's the mean, but here it's a half deviation. So it's kind of the same right like here's, a plus one, it's having resistance if it sells down it's gon na snap to that target right, like that's the concept right, that's the next closest trend. So if this whole up move fails down to there right so you've ever seen those big like snap moves down like.

Why did i get caught in that a lot of times? It's kind of snapping like that back to a trend, so i think we've hammered on that one pretty good. So if i'm right we'll see - and if it is then maybe we get a roll down towards like 25 or something like that, the other one people are going to hate me for which really isn't the greatest entry. But it's again so this is. The thing is like a lot of my trades.

I'm in are just kind of like based off of feel for continuation, so if we don't get continuation they're all going to fail right because i'm not entering low risk, i'm entering in trend trying to follow some trend. So a lot of people are going to hate me for this one, but uh amc, amc got ta say i think we got ta be a little bearish because uh yeah, i just kind of thought. So if the market continued being bearish on uh, if the markets continue being embarrassing, i figured we would just continue seeing bearish momentum here on uh amc. So i remember back here we called this bull flag really well and we called the top of that move perfectly.

So that's what was trying to get me to call the 48 top, so i used my pass analysis to call the 48 top and that didn't work so next time around i'll know not to call this 48 top and only call it to here. So, in my opinion, it kind of seems like this was a bear trap squeeze, and this was a bull trap. Okay, bear trap, squeeze out bull trap suck down. Maybe so you will see that we had come down reversal.

Pop squeeze. Try to go lower, creates bullish, divergence bears get trapped market then squeeze up. Then we roll down, okay bulls come in, they get trapped and they get rolled down. We have yet to really break.

We have yet to really break any of these previous lows right. So if you look, we haven't really broken these lows and i don't expect to really break those lows right now. All i'm looking for is us to break these lows and then go to that low, which means we would have to swing below the negative one. On the four hour, which is right there, and then we would tac attack down to the daily, which is right here, which is at 30, which would then keep us above all of these previous lows, which theoretically does keep the amc market kind of it keeps it Above the previous swing low, which means entire snap down aside from that um there's a couple more things, i could talk about that you might want to watch out for um.

So i don't know if you guys followed along over the past couple days about when we did this whole, like uh paranoia or paranova uh, parabolic uh class, but um. What's the syta is a good one. Kind of syta is not a good one because it didn't go para. It almost went para um.

What was one that just went parabolic rdb accident, i think no, i mean it kind of did, but it's really not the example. I'm looking for and not, b and e was it i mean. Oh ph, you ended it. That's a good example.

Okay, so all right. So this is what i'm trying to get amc is not a penny stock right. Amc is definitely not a penny stock. We know that, but can it trade similar to one in a way? So if you look right um five day 20 days, all right red lines are parallel, so markets squeezed up, then it come down which actually we might be looking at a potential long play.

For pun today, but maybe not we'll see so anyways long play up through the para levels, then where does it crash back down to the para levels? So, if you're gon na get long for your bottom bounce like bottom overnight bounce, it would be into that level. So when it comes down you just start buying, hoping that the next day it pops squeeze and then you sell into the squeeze. So anytime stocks go pera. They fall back to their para level.

Typically, so did amc at any point go pera. In the past i mean yes, we want this thing to squeeze to 10 million dollars. That's really what we want, but did this thing ever go pera in the past? Could this be a parabolic break here? All right i mean and when i say pera, what i'm trying to get you to understand is that when it goes para it's either a bunch of hype, um, fomo, etc, etc. That drives that high extremely high.

Let's see, let me take a look at that. That's up and through the pre-market high, very nice, okay yeah, a lot of volume there right now so just know that the the ultimate break would happen through like 12 still 11 50 to 12 is where your ultimate like rip would happen because you're crossing the 50 Yard marker, once you get through 12 11 you're crossing from like this side of the playing field to that side of the playing field, where the bear traders, like god, damn it squeeze bam so 12 11, is, is a very important level right now for dads. Okay. So and it's on the scanner now and dbgi's on the scanner, um um i'll, show you my para level very nice, so anyways regarding that, let's just say that amc goes kind of para.

Whenever things compare a lot of times, it's due to a short squeeze right. So let's say that this was just a short squeeze all right. Does that mean that all of that is going to eventually be given back to here, just like every other penny stock that goes pera so part of that's my belief, you know. Eventually, you know if, if the moaz does not happen and this, so it's not so this swing low.

If your swing low here breaks, i would assume that the markets would target back down to where the market first started to go stupid, euphoric and pera, which is right about 20. and at 15 to 20. I think could very well be somewhat of a reasonable valuation for amc, given all the hype, the momentum and what they're trying to do nowadays, myself so we'll see, i don't again, it doesn't really matter what happens up down all the same to me, bearish day, more Jobless claims tired, oh gosh, hmm, oh i shaved the mustache, i'm sure you guys figured that out. I just couldn't do it anymore, it's just too much! Oh, but i do like the clean shave.

It feels nice, more dance, tweets, updating to win 11. yeah. I mean the next level up right. It's at 10.50, i think, is what we said so like.

Theoretically, you don't really have much resistance on dats, theoretically until 11, 10 50. But it's all a matter if the breakout at 9 13 was true right now, it's an overbought stock. Theoretically, so it's like yeah! You just need a bunch of people to buy this up to, hopefully get it up to 10.50 um and then you'll probably keep squeezing some shorts. Um is really kind of how that how that's going to play out, if not, you probably swoop back down to nine right, that's where the white line's at right, my white line dats is uh.

When i say it's at whatever i said, doesn't matter it's wherever it is it's there. So again, if dats does not pop squeeze next white line, then it pulls the yank magoo back down white line got a bitter at 9 56 trying to support the stock. Now we're up to 957 958 bitter coming in 959, bitter 958, bitter 958 bitter 960 958 and it looks like doesn't really matter so. That's cool nice, good job, good job! So there's well, oh yeah! Let's go back and look at our friend bitcoin, ah bitcoins holding, but did it even fill the gap? I don't think it did yet.

So, let's see no, not quite so can't fills up there, so that would be the top of the gap. Fella gotcha bkkt. 32S. Oh yeah, that's the price target.

We had suggested one of them from yesterday, so you might see a little pullback there on bkkt uh, dwac, still holding up um yeah, very nice pkkt, but yeah bkkt. We did give a 32 target. I don't know if it was on twitter or maybe it was just in. I think it was in our chat room.

We set a 32 target, so you hit 32 today, if you swung it so very nice question is: does it go higher than that? I mean why not that target actually is probably off. I would imagine, ah, maybe not, let's see it's kind of hard when the trend is. I mean it's kind of hard when it's such a fresh new stock, but ah there is that level there yeah so vkkkt. We had a price target yesterday of like 32, so it just i mean it pretty much just hit today um, but this thing kind of has the potential to really go on a boomer.

I think i've said that before we've said it before buy the dip sell. The rip, but i do think this thing might have some extra potential today. So the objective is to get bkkt up and through say 34. from 34.

You could see maybe a move to 38.40 today. So it's pretty straightforward right. We are higher lows, higher lows, higher lows, higher lows, we're still up trending, i mean theoretically, markets are still up trending flat flat flat rip rip rip so through this to there. So when we go through there, that's just that's all it's about trying to figure out when you're, truly breaking.

If you're breaking hmm um be custom, i mean i myself have been just slowly buying kryptos for a while now not like a while, but just a little bit um, but i mean like even um bitcoin at this point um i just put on a reoccurring deposit At this point you know i spent enough money on pointless in my life that who cares so you know. Does it succeed forever? Maybe maybe not i don't know, but one thing's for sure i at least get like five percent return of my money with bitcoin and ethereum and cryptocurrencies, and my uh my banking institutions that are supposed to help me. Don't even really give me any money. So, theoretically, it's just makes more sense for me to have money there.

So if it does succeed forever and ever long term and it's fully adopted, then yeah i'll make significantly more money, keeping my money in cryptocurrency, as opposed to with uh corporations and institutions, because crypto actually pays me as opposed to me, giving the money to the banks To trade my money and then they keep all the profits and don't share anything with me other than point zero zero. You know so! Yes with that being said, i think it's good to have a little money there, all right so the reason you're seeing uh. What's it called sell off is because well it just pretty much ran to the 32. You know target, probably um, so justin all right.

So looking at tesla here, um well, i was short uh tesla was just i mean it's a strong puppy uh. My and my thoughts were, if oh sorry same thoughts with mari and riot bitcoin same old shindig markets. Finally, pull down if markets go bearish if bitcoin goes bearish all those things line up. We're gon na eventually we'll see this top giveaway and go into a pullback before running all-time highs.

So part of my belief was over the next couple weeks. We would see bitcoin yank, if not kind of like around this week. So far it's not happening. We kind of tried it yesterday and then they held it overnight, uh pretty well um, so we're not out for the count yet, but it is holding well and they continuously get pretty solid news.

I know people are like, oh you're short, so what you need? I mean true, but things are lining up for a potential pullback. So why not take a little risk? Um yeah! I can't even keep up with the tesla news. Sometimes it's just every day something so uh anyways yeah. If bitcoin does end up doing its gap, fill and yanking down, we will probably see bitcoin or sorry we'll, probably see tesla have some sort of negative play as well.

So just an fyi uh, coinbase pionx, binance exchanges. You can buy crypto and then just store it in a wallet. That's pretty much it dbgi. I know this was already moving.

It's just kind of the first time, i'm really getting to it to look at it, um so dbgi, just kinda. I see yeah so dbgi yeah dbgi, it's kind of interesting. You have to break this previous swing high to get a bigger pop, so you're kind of it's not that it's not possible. It's just look at where you're at right now you're kind of overbought pre-market.

So this might be a situation where it does it in the open, um but you're kind of overbought right now and running into a slight resistance. So i'm kind of skeptical on that one. But digital brand groups highlights launch on amazon prime blanche's affiliate program. So amazon, that's big news is that the type of news that we just don't give a if it's over bought and people are willing to buy it up even over the plus fours.

That's debatable man. Why am i so tired uh? I will take a look at hood. I haven't seen hood since everyone said it went down or was going down. Uh to me hood looks bearish.

I don't think i would. I don't think i really try to uh hold on to that one for right now. Oh, my gosh, i even got good sleepless. I don't know what the deal is: sleepy, magoo, totally totally sleepy so um yeah anyways, so we'll follow tesla but um.

It's gon na need uh a whirlwind of uh, some really, probably bearish trading on the market and bearish trading on the uh, the spy to even consider bringing that puppy down. But nonetheless there is a gigantic gap fill down here so uh. The markets will probably rip this down at some point to fill that gap. How soon it is, of course, the world may never know, just like a uh sucker that little commercial they do with the owl, so little tootsie pops that they call it's been so long wow.

I can't remember that tootsie pop that's what it's called. So that's that i do have coffee, it's just cold story of my life. What do you know so yeah, i'm not really like entering a lot of trades right now, just because i have a couple open ones that if they work then the day can be good. If they don't work, then the day can be bad.

So before i start making all these new investment ideas, i got to kind of see how a couple things shake out for me, because that can flip my p l from red to green or from less red or yeah or just less red. And then, after those work out, then i can start reevaluating new plans um. So because i would hate it's the worst. When you cut your trades a little soon, rather than trying to really let them work, and then you just take a pointless loss right before they work right, it's always better to accept like the true loss which would be follow the trade plan.

So whether or not the loss is going to become another 200 more, if that can keep you in a trade before it works, you should still follow it, because you really piss yourself off when, when you do the other thing, um, so dbgi you're still holding hot Sport yeah, i mean it's still, holding um big bot. That's a big ttm wave average buy volume. Average volume is 19 000 percent, huh 1900 huh. All right so build a case remove to six, maybe possibly yeah.

So a proper stop loss is based on how much a stock can go down right. So let's look at dwac, that's a good example! Maybe i don't know i haven't seen it for a while - let's see, what's doing still just kind of chilling so uh for me right so that actually yeah we got ta, follow we're gon na follow this today, uh, you guys should watch it we'll watch it, but Pretty much we do have like kind of like a flag happening just below our resistance trend. So if we snap through this with good volume, there's probably a decent long, there um so like this, like what would a watch? So here's a flag right, so you could draw your own flag pattern. If you want to right, you could be like.

Oh here's, my flag pattern right. You could do that. I only have to draw not not i but many right that use a system might only draw just kind of the bottom one, because we already have the top right. We know where the resistance is at.

That's that's why this pennant is happening. The way it's happening, because this trend is here not because you saw it and you drew it, that's not why it's happening you're, just drawing what you think is happening because of what you're, seeing right so you're, drawing a pattern based on what you see we're just Drawing our support trend line to see if the market eventually breaks a statistical trend here, so stop loss all right. So let's build a thesis not that it works, not that it doesn't right. Never never anything works perfect.

So, let's just say in a perfect world today we expect that the market from dwac is going to go from 70 to 34 to let's call it 82. So that's a total of we're just going to say 13. So that's 650 right, yes, 650. or wait! Sorry! 13 dollars up one to two stop loss ratio gives you a six dollar.

Stop. Excuse me so again, because you have to go right. People say: profit loss ratio. If i'm going to win 100 bucks, i can only risk 50..

Okay, i gotcha so in this sort of setup we have a potential long target of what do we say: 13 profit. So we have a potential move of 13 profit and we want to do a one to two. You could keep a six dollar stop. So then we're going to go from the breakout level.

Let's say we go from the breakout level down six bucks. Will it be 650.? So if we go down six 50., oh did i do that wrong before i might have done that hold on wait. I did do that wrong. Sorry, this move is only about 10 bucks.

I was looking at the percentage gain, so we can only do a five dollar. Stop loss. Sorry! So if we go down five you'd be like right here. Okay, so do you think that would that that sort of stop loss would give you a lot of time for the stock to move around and do a couple things maybe go up, maybe go down without knocking you out before it goes up to 81 or 82? Probably in a perfect world um in a perfect world um a lot of times, this sort of thing imagine if this was a move of, let's say 14 well in that and actually here's the thing is i'm calculating from the breakout level right if you enter here At 70 right so, if you enter at 70 and you're gon na go up there, that's a almost a 12 move right and then your stop could be six bucks.

So we go from here down six. We should be below that dotted trend line, which is the next big long term statistical support. So if you could go entry here, 12 profit, six dollar, stop your stop would be below the next big long term, uh support level. So, even if the markets went down, they would probably tag the dotted line or maybe attempt to in bounce which can then keep you in the trade.

So a lot of times proper stops are based on being below specific statistical levels where smarter money has entered the market, because if smarter money wants it to go up, they're not going to get stopped out, which means you won't get stopped out. If your stop is where their stop would be, but you know i make it sound easy, but i'm still on my path to making millions. So when i get there, you guys will know or you'll know that i don't make millions, because i stream on youtube every day, so we're like best friends at that point. Hmm dude i've been on vacation for two months, but that is no reason.

Youtube should stop. Putting you on my newsfeed in the morning i mean i would, i would say the same thing, but you know so again. Yeah i've ever get to the point where i'm making excessive millions trading just know. I'm not gon na hide anything from you guys in my strategies and how i get there.

So we can all make millions, but that's a long process. That's a long process, um a lot of late nights on the corner for me to get that uh get those millions. If i don't become a trader that makes undoubtedly billions. But if i just sit here and just make minimal money for the rest of my life and just be an average person, i'm still happy so average person makes you sound bad.

I like to be average. I would. I would never want to be as popular as brandon. I mean that guy he he's really popular and i don't think i could.

I don't think i could handle that sort of popularity, everyone's chanting, my name on a daily basis, yikes all right, sorry, uh, t-r-a-t running. Let's see no not really kind of wow, i wanted to nine bucks what a bagger it's like, what a piece of that's funny um! I don't even really want to review this. If i went to review it guess, what's going to happen, this is going to be a resistance. It is every time right.

Watch like oh, what do you know went to plus 4 deviation right. Yeah figures went all the way to overbought again all right. So please remember this that, like, if you're seeing a stock rip up in the morning or whatever - and you know it pretty much - gets into your plus threes plus four - it's gon na rip down more nine times out of ten you're, just gon na lose right. Hmm john happy 35th birthday, my dude, oh that's right.

I remember lcid was popping up the other day. Remember we said if it gets over that, then we can actually have a breakout. I remember saying that i remember it. I remember we shadow yeah, so this is.

This is a situation where, if you had bought the dip this morning, you're a savage, but the only way you would have done. That is, if you're following it, religiously, which i wasn't - and i don't know how many were, but i mean we can run through the whole shindig. So guess what lcid goes here? Hits resistance, plus one pulls back, hits resistance, plus one pulls back. Does a little shin dig, magoo breaks out hits plus one pulls back then goes over, plus one doesn't fully break out, pulls back to plus one supports, plus one we might be on the breakout.

Now. Oh, no! No! No! No, not a car warranty folks! No! No! No, no, no, not a car warranty. Somebody is trying to purchase an apple macbook and an iphone 11 on your amazon account plus one. If you do not authorize this order.

Well, i'm not buying anything right now, so press one, hello, khanna! Thank you! Uh! Do you want out? No thank you, bye-bye yeah, why? Why would i need to talk to someone after i already did what you want. I i said it wasn't me so there's no point of talking to me idiots they got ta get smarter. I don't. I don't know where these people get their education from, but tune in to boiler room trading.com, all right.

Jesus he's calling elon musk god i freaking hate. Those calls. Is this connor nope? My name is jeff. Sorry bud wrong.

Number! Oh interesting! Yeah! I love it when i get my 29th booster shot makes you feel like uh, you feel fantastic makes. You feel equally as good as before i had it, that's funny. So what time is it 904 interesting yeah hcwb that one sold off pretty big? You could be looking for like a uh yeah, a long move, let's see if it ends up working, let's see yeah if this can actually hold something like that. Maybe now it is slightly overbought i mean you are in sort of the high overbought prices.

So do be mindful of that. I mean if you look at hcwb on long term, all right, there's your plus we're almost at plus four resistance kind of like right here or plus three sorry um, my apologies. So if this is gon na work, well, um you're gon na need to get back up and through this white line, but again you're kind of doing like a little flag setup down here um. You know a lot of people may be short of that move.

A little oversold, now kind of coming back up some higher lows right, so downtrend downtrend downtrend. So we're going down down down down down pop up first higher low possible start of an uptrend to validate an uptrend. You would need then, the break over that previous swing. High, which is where anybody shorting from here, would then probably squeeze himself out a little bit, but do remember again hc whatever is below plus three deviation at 539.

So it's coming from overbought swinging down. Remember that coming from overbought swinging down all right guys give me one sec. I will uh. I will be right back alrighty guys, i'm back on yeah uh dwac snapped down snap it down yeah.

I wonder if i wonder if phun's gon na give you uh for the most part a bearish day here and that's a little curl dbgi up a little bit tesla awkward roll down before the bell, but okay move amber, is uh amc still just kind of sitting Hanging out right now, oh boy, all right, connor, shake the yawns bud, shake the yawns. Oh you can't, because you've been working 12-hour days for the last two months. There is light at the end of the tunnel, though that's what they tell me. That's what they tell me it's when you die and then there's light yeah great time so same thing.

Still following uh d, a whatever dwac gon na be following uh. Well, obviously pretty much! What i'm watching is markets right now how bearish do markets get? Do they stay bullish? Do they get bearish, that's where i'm at so i'm not specifically like oh this stock, that this stock there's a six million different penny stocks. Randy, we'll keep our eyes on um hcwb snap, that wedge down probably took some people out now kind of coming back up a little bit but yeah. If the market gets yanked, we're gon na have to watch things slightly bearish today, you know that's what i assume.

What do you do for a living? I do youtube. I trade, i have a rental property, i do affiliate marketing for two companies uh, and that is every single way that i generate a dollar in my life and of course, then you have your. You know. Investment accounts, long-term accounts and things like that to make you money too, but that's all unrealized realized.

So four things really youtube trade, rentals, uh, affiliate marketing. So you know when you, when you don't graduate college and don't get a degree that promises a bunch of money. You got to have to get creative and know that you are your only main source of income, so you got to be creative hustle and make a dollar bill. So that's why i have four streams of income because i'm not guaranteed anything in my life for sure i got no college degree ain't.

Nobody gon na give me a handout.