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Stocks in this video: ABBV SE SNOW SNAP BABA
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #stock , safe stocks to buy now, put options, #options trading 2022, options trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
🔥DISCORD COMMUNITY🔥 ▶ https://launchpass.com/patternology-lab/premium
DROP YOUR QUESTIONS REGARDING THE PRIVATE DISCORD IN THE COMMENTS 🔻🔻
🔥Patternology Lab MERCH ▶ https://patternologylab.creator-spring.com 🔥
💎GETTING STARTED IN THE STOCK MARKET? Here are the steps: 🔽🔽
🔥 Get 2 FREE stocks, one valued from $8-$1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
🔥 To open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
🔥 To Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
In this video, I break down extensively the Top Stocks to buy now for this week. PSYCHOLOGY and ANALYSIS are also included (as always).
💎 Daily Stock Analysis Videos are released 6PM-10PM CT.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Follow us for daily posts and updates on:
Instagram: https://www.instagram.com/patternologylab/
Instagram: https://www.instagram.com/paulngumah/
Twitter: https://www.twitter.com/patternologylab/
Twitter: https://www.twitter.com/paulngumah/
Facebook: https://www.facebook.com/iampaulngumah
Tiktok: @paulngumah
Stocks in this video: ABBV SE SNOW SNAP BABA
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #stock , safe stocks to buy now, put options, #options trading 2022, options trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
Everybody welcome back to the channel in today's video we're gon na talk about some stocks that have been on fire and where i think we're going next, i'm also going to be answering some of you guys questions for those of y'all who drop those stocks of interest In the comments section of last night's video right after the intro all right so before i begin again do not forget to annihilate the like button on your way in and also don't forget to subscribe. If you are new to the channel all right. So let's begin um right off the bat. We got the spy right now and it went up a little bit.
It went up a little bit overnight, as you can see it's up by 0.11. I think i think i told you. I also told you yesterday that um we might just consolidate over here and go nowhere all right. So that's the best case scenario there.
The best case scenario is that there isn't any massive drop. All right worst case scenario is that there may be. There may be a massive drop and if it's rapid like if it's really really quick and doesn't last for too long, it could provide an opportunity to actually buy slash ad if you already in spy right over here again, if it's really rapid um, i don't think It's gon na last for too long. If there is like a a flash sell-off, i think we're gon na bounce, and i think we're gon na chill over here for some time before trying to reclaim before trying to actually push to like the 48, 25, maybe 48.50.
In the next coming days now, let's talk about. Let's talk about some stocks, i'm the first one that we're going to discuss that stock is a b b all right and in regards to abbv for those of y'all who have been subscribing to the channel. I told y'all watch this stock for a parabolic move, all right and so far i mean it's behaving quite nicely. It's behaving.
It's behaving well, um. It went up the next day and then it just stayed up here and it stayed up here. Um is my thoughts and opinions changing about the stock. No, i still think that we can get up to like one for 138, maybe even 140.
So this one is my thoughts and opinions are not changing. Regarding the stock again watch it for a move like up here, if the, if the spy doesn't slow it down, of course, um watch. If we move up to that zone now, um the next one that we're going to discuss in this video that stock is uh. That's lucky snow snwo, yeah now in regards to snow snow is snow, is kind of a tough stock to trade.
It's very annoying um the contracts. The contracts are not the greatest they're like they're kind of expensive for the price of the stock like. If you compare the stock with something else that has a similar price, the contracts are a little bit a little bit outrageous, but sometimes there is an opportunity on it and right now, right now it's just chilling um. It hasn't gone too far away from like the average of 350..
It really hasn't. The one thing that i do see on here is this uh? It's not it's it's it's there, it's a little sauce, but it's there right. It's there. It's there so watch watch this one for a move up to 370.. It might do it it might. It might again this really really sucks and, as i told y'all in the beginning of the video there may be some profit taking. Maybe briefly, all right. So could this thing run today it could it has the potential to do so.
There isn't any news attached to it. Usually it doesn't run with any news. It just does moves erratically. It's very wild, like you, can see these skinny wicks right there very long, very choppy, a little dangerous.
If you don't know what you're doing, but the structure is there, so i figured it would be nice to share that in today's video um. The market is about to open in about like 21 minutes 20 minutes, actually so watch this one for a move up to 370. Maybe now now, let's talk about you guys stocks of interest, first, one that we're going to discuss that one is se and in regards to se. I talked about this one before about how they reached a bottom over here and to watch it for a move up to 260..
So far, it's not doing too great. It's just chilling on the side, it's not going anywhere. I don't like that. I don't like that.
At all, because the contracts are just losing tremendous value, unless you got calls that are like very, very far out, which would be best in this scenario, because i put the stock in the same category as etsy like yes, there was a phenomenal drop right very massive, But it's not balancing ferociously as like with the entire market, so you have to be really really careful with that one and you got ta, have patience as well, because if you have, if your contracts are too too close, you're just going to get destroyed in theta, So you don't want to you, don't want to do that so in regards to this stuff, it's going to bounce, it's just a matter of when not if it's not my very honest opinion on s e um, the next one that we're going to talk about in This video is mvax um, i told y'all. I think it was like. Last week on thursday i talked about just all of the of these stocks, all of the blasting stocks in general to watch this thanks for a drop and um. It dropped like the day after and they dropped the game yesterday.
So right now, could it bounce? I don't think so. I think i think it's just going to chill at the lows over here right now, it's at like 152 and the floor like the ultimate floor on this one is at 147. It's right here! It's right there all right the ultimate floor for it. So could it bounce at that line - maybe maybe not all right, it could just do with that cat, bouncing just break right through and go down to like 120.
It could happen. It could um definitely watch this one as well. It's not looking too it's not looking too nice, like, i don't see a gravestone doji. I don't see an end to this, at least not yet.
So it's something to keep when you watch this for later now, another stock that we're going to talk about actually mrna. Since we talked about all of them um, i told you to watch this one for a drop all the way down to 220.. It dropped to 237 and also there was a little bit of a balance right now, but i still think that it's going to get there, i'm not too optimistic about mrna either. I'm really really not um a dropper to 220 would would not surprise me it wouldn't. So my thoughts on opinions are not changing on this one as well. Now the next one that we're going to talk about somebody asked about snapchat in regards to snapchat. This one is making a move up. It's bouncing not that ferocious of a bounce, though it's really slow.
It's really steady, um, the only like the the contracts are not moving that much like you, you're, really not missing out on too many things here there is that giant gap at 70.. Is it going to feel like within the next few months? Is this earnings gon na cause it to fail again? We we don't know, i don't know, but just know that there is also another gap at 30 bucks so which one is gon na get filled. First, it's it's something that i'm just not going to. I'm not gon na guess: i'm not gon na participate in snapchat, maybe intraday.
If there is a day trading opportunity, i will try to like to make some money on it, but if there isn't any, then i would not. I would not swing this thing for like for a few weeks. I i wouldn't i wouldn't, because it's just the volume is low and this demolition right here is just uh. It's taking the total stock and every time it's just being shorted every single attempt and let's see if it gets shorted right over here again, i feel like it's gon na get shorted right over here if it managed to just creep up to like 50.
It's probably gon na tank, again um, so yeah, so just just just keep it in your watches. You never know you never know regarding this stuff. Now, the last one that we're gon na talk about is baba and in regards to baba the dreadful consolidation continues. It's very annoying very, very annoying all right, it's not going anywhere um.
It's really sad to see. I mean baba used to provide a lot of opportunities for like traders right in these regions, um in these regions, but right now it's just sideways. It's very boring! It's not even look good to look at. I don't touch it um, it's on my washers for sure, but my expectations for it very, very low.
It's gon na be make very minimal moves. Um the contracts are cheap or getting cheaper over time, which is the only nice thing about this, because when it is time to either make money to the long side or to the short side, i don't think i don't think it's gon na drop much further than That, like the lowest, i see this thing going is like 108, maybe 106.. Before we start making a ferocious move back up, that's as low as i see it going, but until that time just patiently waiting - and we will see what happens next with baba - and that is the end of the video again do not forget to annihilate the like Button the youtube algorithm as always, helps channel a lot and allows more people to get this knowledge as well. Also, if you are new to the channel, definitely click on subscribe and click on the notification bell, along with all notifications. That way, you don't miss out on future uploads. If you'd like to be part of a private discord community, you can find that as the very first link in the description of the video below also, if you're not following us on social media, you can find me at paula, guma and i've had analogy lab on Instagram and on twitter and lastly, if all of this is brand new to you and you're interested in getting started, i left some very basic, step-by-step directions in the description of the video below step, one to step three, it only takes about 15 minutes or less for You to get signed up with all the tools you need to start trading immediately. You can also get two free stocks, valued up to one thousand, eight hundred and fifty dollars right after you send up weeble using the third link in the description of the video below. Once again, ladies and gentlemen, my name is pauline guma, with an analogy lab where we trade patterns and patterns only - and i will see all of you in the next video alright enjoy.
TYVM 👍 Great TA!
You were so wrong on NVDA 😭
FNKO, expect them to crush earnings for a 6th straight time with how strong these holiday shopping/ retail/ ecommerce numbers are. FNKO looking juicy
XERS has FDA announcement on the 1st
My consultant is Wray Thomas Cooper Jr, I found him on a CNBC interview where he was featured and reached out to him afterwards. He has been of immense help since then
Gang gang
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Yoooo
Goodmorning
First
Morning coffee ☕️
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