Everybody welcome back to the channel In today's video, We're going to do an update on the overall market and what to expect tomorrow. I'm also going to be doing an update on the stock that I've mentioned in the last video. All right. So let's get right into it right off the bat.

So what y'all see over here is Adobe Stock all right and Adobe stock. That's the stocks that I've shared with you all about 12 days ago in this video right here. This will go crazy right with a thumbnail and everything I Share with y'all Adobe In that specific video, I told y'all that it will move all the way up to exactly four hundred dollars. I Thought it would move there a lot sooner.

All right again. the video was released 12 days ago I Thought it would get there at least by by here, all right, but instead it's okay. Sweet time dragging its feet and eventually made it up to 400. So congratulations to anybody who bought the stock who bought the contracts on the stock and held throughout that time until for a hundred dollars the stock did what it was supposed to do and on that specific day it actually gave two chances to get out.

The first chance to get out was right over here, just a two minute window which is kind of Ruthless compared to like every other stock in the market. All right. the second chance to get out was right over here in the afternoon around 398 before the stock took a dip down. All right now with with my traits I ended up I ended up focusing on another stock for on another sector actually for good reason.

it had actually moved along with with Adobe So it's not like I'm with I missed out on a whole lot Again, the moves were identical across the tech stocks which is pretty much what I was looking at the most. So right now let's go into the Discord again. the sector that I was really, really looking at and it all started on Wednesday Wednesday The first AMD had earnings before that and they showed this thing and the game plan on that day was very, very simple. The game plan on that day was to trade AMD All right as you can see right here.

Um, they had earnings. It immediately broke out formed in ascending triangle and the whole goal was to wait for this thing to break out above 79 so that I can go in with calls for the move up to 83 dollars. All right. So eventually it did just that.

It did just that. Let's look at AMD All right, and it's not just AMD it's the entire sector as a whole. I Ended up getting calls around here I was a little late because the opening kind of threw me off I thought it would break out around like 11 A.M like around the way here somewhere, but it immediately ran out the gates in opening minutes. All right, and I was a bit skeptical because I thought this right here was a a fake out or a bull trap.

but as does it pops, it drops and then it goes back up again. All right. So I had to like really, really make sure before I ended up getting calls right here at 79. in hindsight, like if I didn't even look at the one, I would have had a better entry.

This is why I don't like the one minute chart like it's not my favorite I Like looking at the bigger time frames that way my perspective is not, so my perspective doesn't really change that much right? So that's that's one. That's one tip for y'all look at the bigger scale all right. Like the the five minute, the 10 minute, the 15 minute the one minute can be. the one minute can be very very deceiving.

So as you can see, AMD did this thing. it went all the way up to 83. when the meeting started and then eventually later it went even higher than that. All right.

So that was one stock that I ended up taking the trade on, The other stock was Amex All right and the reason why Applied Materials Applied Materials The reason why I liked a match again this was after getting out of AMD in the morning I like amats because it broke out above 116. all right and I liked it because of the bigger picture. Let's look at a map. we're gonna look at the one hour and this is the one hour.

This is what I was waiting for as soon as my alert which I set at like 115.75 got hits. I was in with calls right here. All right. So ultimately, most stocks ran um Jerome they put out, the Fed put out an announcement about slowing the increase in interest rates, which the market really really liked, and a lot of stocks ended up going on a massive tear.

All right. So congratulations to anybody who was able to capitalize off of that move. Now the last stock that I took a trade on the last stock that I took a trade on again. this is this is the video.

I kind of botched this one because I was late I didn't get in at the time that I should have got in me. traded in the middle is really not a like nothing good happens when I'm late to a trade I don't like getting in the middle I like going in right here to get out right here. All right but this one I saw it way too late and I just butchered that one unfortunately. so that was the video.

Eventually it made it up. it's just I it was just a whole mess all right. But the one trade that I the the last three that I took on Friday was this one all right. It was.

Um, nue. As you can see, there was a bullish pennant right here. I was patiently waiting for this one to Break Out near the close and when it broke out, it showed some strength. The volume was increasing nicely and I immediately know again every time.

I See this: I immediately know where it should go and if it doesn't move on that specific day, the odds are is that it's gonna either open up really, really high. Hit the alert I didn't sell off or it's gonna open up at around the same price and then start climbing up really, really slow. All right. And as you can see on Friday it opened up at the same price and I was just holding those calls and patiently waiting for it to go all the way up here.

I Ended up selling half of my Nue over here. Yeah, I end up selling at half of them 18 minutes after the market opened for a 40 profit and I just held the rest for the move higher all the way up to around. So when it got close to 182 and at 182, the remaining contracts that I had was up a hundred and fourteen percent. and then I ended up getting out like at 9 32..

let's go into here. so this is N-u-e all right and I ended up getting out near the top. It didn't quite make it to 184, but the contracts were high enough and the indices were looking like they were going to roll over. So take my money here and I left the stock alone.

Eventually, everything started to roll over. all right. Now, what's going to happen next week? Where is the market going to go after such a massive route that we had, um, last week? Let's see here is the NASDAQ and I think I think that we're going to pull back a little bit. All right.

And here is what I mean So this is the one hour and under one hour. It's looking like a double top right here. We got one top at eight at 12 and 900, followed by test again at twelve thousand and eight hundred. all right and one Trend that we've been following throughout the entire month of.

January is a break of previous levels of resistance which becomes new supports all right, and a perfect example: I'm gonna share I'm gonna share two stats like that make really a lot of sense for y'all So look at this section right. We got this level of resistance which became new support right here on the 31st. All right. And then it had a massive mover.

Now what to expect next? What I expect at least is a drop down to 12, 000 and 300 either tomorrow or on Tuesday Kind of like what happened here is in this: this was a two-day drop All right. It happened over the weekend and it went all the way until Tuesday morning. right and again, the same thing again is happening. This is the weekend and I'm expecting something like this to happen throughout Monday and throughout Tuesday before we potentially bounce again.

I'm not really sure if we're going to balance on Tuesday We have to see exactly how the markets behaves at that specific level. All right. So this is one example why um, this brick and recess have been happening. another one I'm gonna share with y'all AMD that way, it really makes sense to y'all AMD was looking like this again.

same thing right here right there. previous level of resistance becomes new support rates here. all right. and then the same thing again happened with with Amazon.

Amazon was a little cleaner actually and it was right over. it was right over here. Yeah, right over here. we're gonna zoom in before this massive move happened Amazon at this going on, right when we see the previous level of resistance becoming new support right here and it's getting tested twice.

just that entire region at one at 99 in many accents. right over here before we see that massive push with the overall market. So the clues were there all right and this is what I'm expecting again or the NASDAQ for tomorrow. and that is the end of the video.

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if you'd like to be part of a private Discord Community where you can get all of this information in real time as I see them, you can find that as the first link in the description of the video below live on Instagram and on Twitter And lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, there's some basic step-by-step directions in the description of the video below. Step One, Two Step three. It only takes about 10 to 15 minutes for you to have all the tools you need start trading immediately. You can also get some free stocks of setting up with Weeble using the third link in the description of the video below.

One skill is gentlemen my name is lab where we trade patterns, patterns only and I will see all of you in the next video.