Welcome back to the weekly watch list feature everyone. I am lead training with stocks to trade tim bowen with the number one stock to watch for next week, um first off, i always got to give the disclaimer okay. We don't talk politics here. We don't talk politics here.

We don't talk politics here. I always say it three times so that everybody's clear okay. Why do i say that the feature stock is dwac? Most of you probably know, but if you don't know, this is the donald trump social media, spec and the reason i said it three times is hey. You can believe what you want to believe, we're here to recognize opportunities, we're here to make money.

Ah, i always say you want to argue politics, save that for your arguing with your mom on facebook. Okay, do it over there not here that being said, dwac. The reason it's on watch is yesterday's move, and that shows you how this stock reacts to headlines. Okay, you know if you're on uh pre-market prep.

You know i talked about the 60 level. A lot dwac tried to break that couldn't fail. Basically, nothing was going on with this stock. I mean look at this chart.

No, no! Nothing. Yesterday, nothing headline hits at 3. 20 p.m. This thing spikes 20, a chair in a matter of minutes like literally minutes, okay.

That is why we care about dwac, because yesterday was announced that they're gon na launch their social media network. I believe end of february so about a month away and the reason again it's the feature is, i expect more press more pumping, more articles, more mentions and when i see a stock like this, that moves like that on headlines, and i fully expect to see a Lot of headlines, that means it's our main watch. You know, especially for a day trade perspective, so right now that 60 level is again key. That was the close from yesterday.

That was the resistance on the daily. If you remember, we broke down this chart a bunch, and so if this can push through that 60 level at any point this week you know uh. I think you got a quick spike and then, after that say it blows through 60. This is that rule of 10 idea we talk about so then you're going to be looking at 65.

70. 75. 80. Rule of 10 means you divide the stock by 10 and you trade it like a penny stock, because when stocks move like this, they move.

Like penny stocks, you trade them like penny stocks, so all right, everyone that being said check you out tomorrow morning, 8 30, eastern on pre-market, prep and oh, i forgot get the full watch list. I forgot the number one thing: i'm supposed to tell you, if you're on youtube hit the link below if you're on instagram hit the link in bio, full five stocks to watch, charts, commentary, etc, check it out and hope to see on free market prep. 8. 30.

Eastern on youtube, i hope you guys enjoyed that video thanks so much for watching and being part of the stocks trade community - we wouldn't be here without you guys make sure you hit that like button and subscribe to the channel. If you have not already, our goal is to hit a hundred thousand subscribers by the end of the year, but we can't do it without you guys. So if you like what we're doing here - and you want to hear more - please please please hit that subscribe button and i'll see you guys on the next video.