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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.
[SP500, QQQ, TSLA, AAPL]
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Sincerely,
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If you have any comments or questions, COMMENT below and I will respond or make a video!
#stocks #stockmarket #investing
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MY FAVORITE DAY TRADING BOOK
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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
How I pick Stocks:
https://youtu.be/O5yWKChL44E
How To Make $500 A Day:
https://youtu.be/OOSpjACXKD8
How To Trade Stocks:
https://youtu.be/f5RuDrFQj0w
How To Trade Call and Put Options on ThinkorSwim:
https://youtu.be/f5RuDrFQj0w
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.
[SP500, QQQ, TSLA, AAPL]
Everybody welcome back to the channel in today's video. I'm going to be sharing with y'all socks to watch for today and for tomorrow and we're gonna look at the overall. Market Things have changed a little bit for the better. so let's talk about let's talk about what's going on.
Um, right off the bat you get the spot. And yesterday I told y'all that this the the markets were looking kind of weird and I think they're still looking. kind of weird because this right here from Friday all the way up to where it is Now this is a 1.69 but on the left side, on the left side, right here it says 0.60 All right. So there is a one percentage difference in between what's really going on and what this thing says again.
um looking at everything else. like looking at the like the tech stocks in my watch list. the majority of them are up by quite a baits. they're about Lots All right.
So if someone calls over the weekend on tech stocks, you're about to get paid today on today. all right now. what to expect today with what we're seeing right now? Well it's very, very simple. As I mentioned yesterday, we're looking for that right shoulder to get wider and wider.
And for the short, Sellers From here to panic and to cover again, their stop loss is right at 45.50 Once the price gets there, we can see all of a panic and we can see a lot of buyers step in and that the price will surge even higher. The week is off to a good start. The daily chart is back up A bit bullish as I've mentioned yesterday. So that's something that I want to be short on.
I'm definitely definitely not, at least not yet. I Don't have a solid reason to be short, so that's my thoughts on the Spy. The NASDAQ is up even higher by 0.85 Again, there's that extra one percent that's not accounted for. But um, some tech stocks are moved up a lot more than that.
So let's look at let's look at the first stock for today. The first stock for today is NVIDIA yesterday. I Told y'all to watch out because Nvidia is already really really high today. Let's look after 15 minutes.
Today, it looks like it looks like that level right here at 450 is holding quite well. Um, look for intraday opportunities I Don't know. Like the best case scenario for Longs is for this thing to go sideways, extinguisher it sideways and consolidate some more, consolidate some more, probably for like another week before continuing higher and trying to attempt to break above 480. or maybe 490, right? That's like the best case scenario where we could see a potential squeeze, because right now when what the stock is doing, it's accumulating, shorts is accumulated in shorts and the Longs are very hopeful that their level doesn't break.
And I'm talking about that level right below right here, right at 450.. that level right there. if that bridge, they will Panic if that bridge there will be a sell-off and probably the whole Market is for gonna think along with Nvidia So that is a critical level to defend. and the one thing that makes short sellers nervous is consolidation. Consolidation is not good for shorts. so if you consolidate this right here, it keeps going for like, all the way until the middle of September Then we could see a squeeze on the video I Don't know when that squeeze will be, but I'm just telling you what's going on in regards to the minds of the bit buyers at 450. So um, trade intraday. I would say just look for it, look for entry day pattern.
It's kind of like what happened throughout the last two days and by the last two days I'm talking about from here right here with the bullish Banner right here and then the bearish triangle right here. Trade intraday for this one until there's something really clean that sets up on a bigger picture. All right, so that's that's in the video. so for right now, it's not looking too terrible.
Is it gonna make a massive move on a Monday I Highly doubt it. Mondays are usually trash. um, they're usually slow, usually all right and Monday is. Um, it's really a time for people who bought calls over the weekend to take your money off after like the first hour and then nothing else happens throughout the rest of the day.
So that's that's pretty much Monday All right now. let's look at another stock. Uh, let's see how much time we have. Yeah, we gotcha.
Let's look at another stock. Let's look at Meta. With Meta, that one is chopping. It's been chopping for a while.
It's been going sideways at the same price for like three weeks now. at exactly 300. It's not really, it's not really doing much. It's chilling here.
It's like a tug of war. A pushes well, 300 and then it drops below 300 and then it does that throughout very long time it's gonna be annoying. It's got a very annoying but um, eventually it will make up its mind eventually. So it's the the bigger picture is still bullish.
They release some some good news which I didn't read because again, I'm looking for structure, but if there's a structure that shows up, I'll be looking to take a day trade on it. There is something right here. It's kind of sauce. There's that level of uh, that level of resistance right there, which I would say definitely watch for.
like, bring this alert right here. drag it down all the way down to right there so 303.5 and wait for the Bell to ring and then look at the bottom of volume. if it's there. the odds of a push are really, really good.
All right, if it's there, the other push are really really good. so let's see how long it Cooks in here. like if it chops and then it brush out later. That's even better.
All right. Um, if it runs out the gates, try it with caution. so that's that's my thoughts on on Meta. The setup is okay.
The setup is okay. I think this one could be a good one. It's up by 1.4 percent and the highest I could see this thing go with three is Uh 310. I thought it would break it to 310. I actually took a trade on this one on Friday Like because of this. uh, bullish. There was a bullish rectangle right here and then I got in right here. right on that little dip at 302.
I Missed the initial search and I was looking for a move all the way up to 310 on Friday I ended up taking a very tiny loss right here right when it fell to really push at 9 30. All right, and then this thing even like it went down even more so. I Think it might actually make it today I think today's the day it goes to Uh 310. now another one.
So let's let's look at another one. Um, what did I mention yesterday? Google Google All right now. Google This one is up by a little bit. It needs to catch up to the to the NASDAQ it needs to catch up to the NASDAQ The structure on there is not fine.
Yeah, it's still fine. All it needs is just a massive push out the gates. There wasn't anything going on for your Market with this one. It's just kind of flats so my thoughts and opinions are not changing.
It looks decent for a move up to 140. it might take a few days to get up there or it might just do it all in one day. So yeah, keep keep that one on the watch and that is the end of the video. Again, do not forget to annihilate the like button.
And also, don't forget to subscribe if you haven't already. Again, these mornings these uh, morning videos are released 15 to 20 minutes before the Market opens. Early access to those. click on the join button next to the Subscribe button and click on morning videos.
All right. If you'd like to be part of a private desperate Community We can get all of this information in real time as I see it along with the trace that I take. you can find that I see first link in the description of the video below. If you haven't followed me social media yet, you can find me at Paul and Guma iPad Analogy live on Instagram and on Twitter.
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No Audio,,or, is me ??