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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 2021, long term stocks 2021, #stock , safe stocks to buy now, put options, options trading 2021, options trading strategies, robinhood investing 2021, #trading patterns, best robinhood stocks 2021, best stocks to buy 2021, swing trades, top stocks 2021, top stocks to buy 2021, financial education, DISCORD , how to invest 2021, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2021, stock trading for beginners, swing trading 2021, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2021 robinhood, webull , best stock apps 2021, top stocks to buy now 2021, top stocks July 2021, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
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DROP YOUR QUESTIONS REGARDING THE PRIVATE DISCORD IN THE COMMENTS 🔻🔻
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💎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 2 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:
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Stocks in this video:
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 2021, long term stocks 2021, #stock , safe stocks to buy now, put options, options trading 2021, options trading strategies, robinhood investing 2021, #trading patterns, best robinhood stocks 2021, best stocks to buy 2021, swing trades, top stocks 2021, top stocks to buy 2021, financial education, DISCORD , how to invest 2021, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2021, stock trading for beginners, swing trading 2021, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2021 robinhood, webull , best stock apps 2021, top stocks to buy now 2021, top stocks July 2021, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
Everybody welcome back to the channel. My name is pauline guma, founder of per analogy lab in today's video i'm going to be sharing with y'all the top two stocks that are set to explode within the next few days and why you should keep them on your watch list. I'm also going to be providing an update on amc and i'm going to be answering some of you guys, stocks of interest for those of y'all who dropped your stocks of interest in the comment section of our last video right after the intro all right y'all before I begin again do not forget to annihilate the like button on your way in and also do not forget to subscribe. If you are new to this channel alright, so let's get started right off the bat um.
The spy right now is still consolidating it hit that 45. It actually hit 44.98 on this day. It didn't quite get there and it experienced a little bit of turbulence, and then there was some bullish news on friday and made it completely reached that level of 4500 and right now we're above it so um. How do i see this market right now? Worst case scenario, we go a little bit lower towards 44.90, like right over here into the open, and then we bounce all the way up towards like 44, 25, probably by tuesday or by wednesday, i'm not bearish on the overall market.
I think that this consolidation phase is done and now that the volatility is back, things are going to be very, very interesting, moving on forward. So if you have calls on the spot again, this is still a hold for me now um, the top two stock. The first one that i'm going to be covering, which i'm actually really excited about with that stock, is facebook all right, and the reason why i want to share facebook with all of you is because of the pattern on the four hour, which is quite clean. It broke out a few days ago and it actually held, which is something that is very, very important when you're trading these it broke out and it held in the massive volume on friday pushed it up even higher all right.
This is very, very clean and it's on its way all the way up to like 300, 390, maybe 387, somewhere over here somewhere in this circle. All right so keep this one on your watches, um there's probably going to be some news tomorrow and it might push it a little bit higher towards like 375 dollars and then it will slowly make its way all the way up into this circle. I'm not bearish on facebook definitely keep this one on your watch list now the next one, the next one that i would like to share with all of you now this one. This one is different.
This one is uh it's for the bears and that stock is mrna and the reason why i want to share mrna with all of you again. First of all, i had a monstrous move. All the way up here. Right and i've been bearish on it ever since it broke above like 400.
There was a time for me to just be to have a very short bias on the stock. This squeezed up a little bit and it eventually gave out now it's been consolidating here, struggling and struggling to stay up and to get new and to make new highs above 400, but right now the way that i see it. I think that it's not done dropping yet i don't think this thing is done. Dropping there's also one thing here: there's a bear flag on the chart that i just cannot keep my eyes off of right over here. The bear flag is right there and it's literally about to crumble all the way back down now wash this one for it to open at like 375. If it opens at 375, i'm pretty sure a lot of bears are gon na step in on this stock and short it all the way down to like 300 and, like 30, maybe 320 within the next few days. All right, i'm not bullish on this structure whatsoever. Short sellers see this short sellers knows it and i'm pretty sure, they're all very, very patient, oh they're, already in right to see that one break down and then immediately flush all the way back down again.
It has a lot of room, i'm not bullish on this. One short sellers keep this one on your watches for a drop all right, so that's the top two stocks for this video. Now, let's talk about you guys, stocks of interest, yeah y'all, always have some wonderful questions for us, so the first one that we're going to be talking about in this video is pdd all right, and somebody asked me to mention the stock. It had earnings and it squeezed along with all of the chinese stocks again with baba and would buy, do and with future the other chinese stocks all right in jd.
Now there is, there is a flag on there. I do see what you mentioned. You mentioned that there is a flag on the four hour. The flag is not it's just not long enough.
I want this thing to consolidate a little bit more. Is it going to pop out of there? Yes, it will. I just don't know how long it's going to stay right here right this. This is my my issue and until it gets out and until it changes then i would just be chilling on the sidelines just watching it all right, but it is a good setup.
It's still, i, i still think it needs more time all right. Overall, like it's going to go higher. There is so much room over here. It's just a matter of timing.
Your entry, if you don't really care that much, you can start average it in with like contracts that are more further out um it crushed earnings again, that's something to keep in keep in mind and garage earnings. So it's a nice setup for like a higher move. Further down the road, especially after, like this tremendous drop along with all of the other chinese stocks, all right, so how long is it gon na keep dropping? Could we see 90? Could we see 86 before we bounce for the next few weeks? Just keep that in mind all right um as for me, i'm just going to be very, very patient with it and time my entry appropriately. So that's my very honest opinion on pdd uh, the next one that i'm going to be discussing with all of you that one will be an update on one of the stocks. I've mentioned roku um. I told you on, like my last video, that i got out of this one at like three seven at 362 on this first spot right over here i told you that i got rid of it um it's constantly teasing like it tries to pop, and then it Fails again and then the volume is down - and it's just staying in this very like boring consolidation phase, and i have no clue how long it's gon na last, all right, um overall, like still oversold wildly oversold, and it's only a matter of time before it gets Out of there and continues up to like four to four hundred dollars, i'm still waiting for more people more volume to kick into this stock. That way will be good for a long all right that way, you don't get crushed by the greeks from the for the contracts. You don't want to get crushed by data.
So, just just keep that in mind for those of you who like to hold option contracts for a very very long time, and especially if those contracts are like expire in the short term like in a week or two. Just just keep that in mind. I have my eyes on roku i've been watching it for a while. I just want to see something that i like all right now, another one that i am actually going to do.
An update on that one is fastly um i had to cut fastly for one reason i told y'all in, like i think it was, i think, was my last video yeah. I told you that we got in over here and we held and we held, and i wanted vastly to do something really really nice over here. I was waiting for it. I was just waiting for this thing to spread all the way up to like 47, maybe 46.50, so swiping like sell the remaining of my contracts, but when i saw that thing just like collapsed, i had to get out of it and i cut it loose so And like ever since, then it's just been going sideways.
Is it going to go up higher? Yes, the question is when that that i don't know so, if i don't know one of these factors where something is gon na go well, i know that, but the win also matters. If i don't know that, then i try to stay away from trading the stock as a whole right because options you got to be right with both the timing and the direction it's not just buying stock. It's it's it's different, it's different! So yeah! That's! My very honest opinion on that: one again: it's gon na consolidate. How long is it going to consolidate? I don't know before it gets up to 50, but i will keep my eyes on this one moving forward all right now, the next one um yeah, let's just let's just jump to the main one: let's go to amc all right, so amc it had a monstrous Move not too long ago, all right and the reason why i did so is because of that breakout right here it was pretty clean.
I missed this one um, i wasn't even in the office, i missed it completely. It broke out, and now it's like trading down here this i think it's going to bounce again like i'm, not bearish, on amc in general, like especially after it didn't fade like a lot of people who showed it here were expecting a lot of just more fade. More downside, all the way down to like 15 bucks, that's what the short sellers were expecting and right now that it's just floating in this area and retesting the 45 level, the 50 level, it's making short sellers nervous. I can tell you that much so um, i'm not bearish on amc, the way it's looking right now. I just think that the volume is increasing. Again, you see look at the bottom of it here right right here this little. This is like a warning sign for short sellers. This is the way i see it again.
You may not see it that way, but this is the way i see it. This is a warning time for short sellers all right. This is what you're supposed to cover and get out before. Something major could happen.
Kind of like what happened over here like right over here. This is the first wave and then we got the little drop, and then we got just the obliteration of short sellers right in this region which again for all of you who have been subscribed to the channel and for everybody like just in the youtube finance space. Like a lot of y'all should have made money here and right now like, i think i think we're going to trade higher um 50 is near. I'm not bearish.
On amc worst case scenario, it drops just a little bit to like 38 90 and then immediately bounce. All the way up so keep this one on your washers. I will be watching um amc as well for the next few days, and that is the end of the video again do not forget to annihilate the like button for the youtube algorithm. As always, it helps the 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 future uploads. If you would 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 social media, you can find me at paulinguma at 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'll have 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 signing up with weeble using the third link in the description of the video below.
Once again, ladies and gentlemen, my name is paul guma, with paranormality lab, where we trade patterns and patterns only - and i will see all of you in the next video right - enjoy the outro. You.
EH is exploding again to 5x in 4 months, fire-fighting drone ready for use, drones flying in 9 countries, and certificate coming. Have a look..
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be Successful in life.
Forex trading/investment is the most profitable venture I ever invested in, I reached my goal of $120k monthly trade earnings. I'm wondering if your viewers are familiar Expert Mrs Laura ..
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto.
Can you please cover PFE? Lots of good news lately and it looks to be breaking out again from level of support at $46. Do you see PFE going parabolic any time soon?
can you explain more about your private discord ?
you recommend stock weekly or daily. how it is work exactly … Thank you
I just came here to say thank you! Facebook is out lol
All hands on deck here. Buy BBIG planned short squeeze alert. Ill take part in this one, Its true if shorts get scared out it'll pop up hard, This is some kinda weird game but im in on this one,
it has 60% short interest. Lets get it boys! Ape Nation!
This channel has really helped me lose money
Most of the time, stocks do the opposite of Paul's prediction. I'm ready to watch FB tank.
Paul would you mind covering Visa (V). It has been consolidating at support and i think maybe ready to run.
We were supposed to buy MRNA put, correct?
Are these stocks doing the opposite of expected?
What's the highest you except AMC to go?
thoughts on FNKO? thanks
R u not making daly videos anymore?
7I'm so happy ☺️ my life is totally changed. I've been earning $10,250 returns from my $4,000 Investment every 13 days
You should talk about the deal Amazon made with Affirm – after-hours Affirm jetted up to 92 from 65 – headed for 130 by end of the week…
Paul please identify the stock clearly when you talking about it. Repeat the name often.
wow you are good!! i agree with you 100. Thanks for the roku tip, ill buying buying leaps tomorrow
Have you looked at UPST for a possible short? Higher and higher stock price with decreasing volume and lower RSI.
COOL.. got calls on FB and been holding puts on MRNA for a week now.. love the analysis
Thanks Paul for everything………. appreciate
Losing has never been my thing, I come back stronger. Lost $900 and made $4400 and craving for more wins
What your price target on Amc and do you think it will squeeze again ?? I will wait for your answer my friend 💸❤️
We ❤️ AMC & GME. Opportunity of a lifetime! LIIFFEETTIIIMMMEEE!
Use the money to do good, buy land (permaculture) for a climate change and food abundance.
Reading charts during these times I feel is rather risky.. There is so much happening within the market that charts will have many more outlier type scenarios.. Personally, the charts I look at are long term, macro level views that allow me to see a companies growth over time.. As a long term investor taking a Warren Buffett or Bill Ackman-like approach.. I have been seeing the rewarding returns. I digress.. the market has been volatility lately and most likely will be once again when the FED sees Delta going down and really begins to taper.. I think it is more important to at least understand macro level economics versus trying to time the market on charts.. But hey if it is working well for you, I applaud it.. everyone has their strategy!
When market conditions are negative, there are endless opportunities and very little time for studies, what advantage of the current conditions in the crypto market should be advised?
Stock of interest: $PMTS (made me real happy recently)
NIO blowing up this coming week!! Trust buy heavy
On Monday AFRM 🚀🚀🚀 they just announced partnership with Amazon
Thank you so much for covering amc
FB bullish 🤑 MRNA to the bears 🐻