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Stocks in this video: NCLH BA SQ AFRM NKE
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: NCLH BA SQ AFRM NKE
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 i'm going to be sharing with you some stuff that you should definitely keep on your watch list for tomorrow and for 2022 as well. I'm also going to be doing an update on some of the stuff that we've talked about here on this channel and i'm going to be answering some of you guys questions for those of y'all who constantly drop those stocks of interest. In the comment section of our last video right after the intro all right y'all before we begin again do not forget to annihilate the like button on your way in all right and also don't forget to subscribe if you are brand new to the channel. So, let's, let's begin um right off the bat we got the spy over here and in the last video i shared with y'all that what i wanted to see.
I wanted to see a massive drop on the 29th right, because that in that video i told you some stocks to watch to the downside. I wanted to see a massive sell-off, but we got just a brief one. It didn't last for too long. It only lasted for like an hour and buyers just stepped in immediately, and then there was this very dreadful consolidation and then what happened today, which pretty much led to this little drop, was this.
If we look at the five minute chart - and we zoom in right here - let me just remove that all right. There was this thing right there that actually broke down in the afternoon like during power hour, and then it was just a massive sell-off and so far just continuing down. So the move that i wanted to see got delayed to today, all right, so i do think that we're gon na drop all the way down to maybe even get below this level right here for the spy and get to like 472 ish before we bounce so Expect this one to be just a little bit a little bit longer like here before we bounce into the new year. So right so that's my very honest opinion on the overall market.
Now some stocks y'all, should keep in your watches the first one is nclh all right and the reason why i want to share this one with y'all is because of this: the travel sector in general every time they have a pump they get sold upon, and today There was very, it was incredibly bearish news that caused the stock to tank even more today it caused a massive selling pressure midday and they closed really. Really it closed not too strong right here, all right, it closed below 21, and if you look at the chart on here, the floor of this thing is right there at around, like 20 bucks, all right so definitely wash the washed cruise lines for a drop. At first and then a bounce right here at around, like 20 bucks to the long side, all right there is massive um opportunity well to in both directions. Honestly, there's some money to be made to the downside and also some money to be made on the rebound, and i think that it could rebound all the way up to like 26 or actually all the way up to 26 dollars.
Because of this thing right there right here, yeah there's this giant gap to fill right there. Eventually, it's gon na get filled at some point. The timing of it is the difficult part like when is it going to get filled? That stays a mystery until this the chart kind of simplifies its way along the way there right. But until then, i don't know whether we're gon na get there before january 21 or whether we're gon na what it's gon na, take sweet time and take like two months actually to get there. So definitely keep cruise lines and you watch this, and also just in general. The travel sector in general is not doing too well. If we take a look at ba as well - and we take a look at the four hour again, we got the massive pump, and now it's just tired - it's just rolling over again, and i think that v8 can drop along with the cruise lines. All the way down to like here two to like three two hundred dollars right there right over here before we see a bounce back up above 210, all right, so that's my very honest opinion on just that entire sector keep it in your watches for next year.
Now um: let's talk about you, guys stocks adventures first, one that we're going to discuss in this video we're going to talk about what happened with sq, no, not with sq there we go all right. So what happened with sq? I made a previous video about this. One to wash it for a bounce after this falling wedge right over here, all right and after the falling, which it just would not get above that previous level of 272.. This right there is irritating and if you look at the wicks itself, if you look at the four hour the longer the wicks are the more sellers they are over here.
So we got some sellers over here and then we got some selling pressure and getting this bearish hammer, and it just could not get above this level for us to see a continuation all the way to like 180 dollars, it's taking a sweet time. Unfortunately, it is very aggravating um, but how long is it gon na take to actually get there? I'm not really sure i don't. I don't know exactly how long it's gon na take to get there. So um be very patient again this right here.
If you bought stock in the company, this is square very reputable company. It is at previous levels of support right over here right over here all right previous levels of support, so it may just bounce, take a sweet time and then eventually curl back up and move up towards 180, all right um. There is a lot of room right there, all right, but it's all about timing again for option traders. It's really timing, really really matters.
You don't want to get caught in the options and get crushed by theta. You don't want to do that. You want to get in at the right time and get out at the right time so um. This is definitely something to keep in your watches for the next year as well.
Now, the next stock that we're going to discuss in this video we're going to talk about afrm, which was a shot to watch in the last video actually for a drop and the drop did happen and we did make some money on there um. The drop was right over here: the bear flag on the chart right there, all right so um on that day that followed it broke down immediately and there was like right over here. This is where we took some money off the table right there and then and then the next day i drew, i really didn't like the way it opened. I was looking for a massive flush to the downside right over here. All right, i was looking for a drop below 97 and all the way down to 96, and as soon as i saw that volume, this huge amount of buyers right compared to like the last volume from yesterday, we had to immediately close it and plus the stop Loss for it was like 100, and as soon as that broke again. All of the shorts who were in here all started to cover, and there was a lot of money flowing into the stocks that just got brutally beaten down for a while right, like stocks that are down by like 50 60 percent. There was a lot of money flowing in the small cap stock and some money flowing in this one as well. The gap below is still there.
I'm not fully bearish on this one, i'm kind of neutral at the moment we'll see how the stock behaves throughout the next few days, all right, but as of right now it's just i'm not into the stock at all, and i'm just patiently waiting to see what Is going to do next now, the next one that we're going to talk about is we're going to talk about nike. Somebody asked about nike now in regards to this one i told y'all to be very patient with it, because it's just chilling over here and not doing much tomorrow tomorrow there may be an opportunity to the short side. As you can see. I have my alert on here.
I am waiting for this thing again, it's just chilling over here. I don't. I don't like consolidation, i don't like it. Nobody likes consolidation because nobody wins all right, so it's very aggravating, but but the gap is still there and they may just fail it at first before it bounces.
That is something that i'm actually looking forward to so we'll see how nike behaves and plus there's this floor right there, which kind of broke down as well along with the overall market, so we'll see we'll see if it can get all the way down to. Like 160 dollars all right and last stock that i want to talk about in this video we're gon na talk about nvidia all right in regards to nvidia, i told y'all that i told y'all to expect this move right here, all right, so right after that video, It dropped to 295 to test that previous level of support right and then the bounce today tomorrow it could. It could also get like right here before bouncing again into the new year, i'm not bearish. For next week before tomorrow.
There may be a little bit of turbulence for tomorrow for to tomorrow might might definitely be red before we bounce onto the like the 320s and then to the 330s. But it's going to take some time as well. Alright - and that is the end of the video again - do not forget to annihilate the like button for you to follow them. As always, it helps the channel a lot and allows more people to get this knowledge as well. Also, if you are brand 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 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, if you're not found on social media, you can find me at paul and guma in the pet analogy lab 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, 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 set up with all the tools you need to start trading immediately. You can also get two free stocks, valued up to 1 850 right after you sign up weibo using the third link in the description of the video below.
Once again. Ladies and gentlemen, my name is pauline guma, the pedanology lab for retreat patterns and patterns. Only and i will see all of you in the next video right enjoy. You.
Anything on Lcid?
BABA
Like the new upgraded background!
Thanks Paul.
How about urnm? Up or down from here
thx 💖 u man!
New setup looks great..lets we make some racks tomorrow in the discord✊🏽
Love the new setup Paul! Keep it runnin
Love the new set up Paul! Keep bringing that heat🔥
I have a question for tomorrow morning… Can NIO hit $33 tomorrow??? Spy to $485?
🔥🔥🔥🔥
Ooooooo I like the new setup! Looks great Paul 🔥🔥
Wooohoooo 🎉🎉🎉🎉