Everybody welcome back to the channel in today's video we're going to talk about this four dollar stock that is ready to double within the next few days and why you should keep it on your watch list. I'm also going to answer some of you guys, questions like we always do here on this channel again before i begin do not forget to annihilate the like button on your way in, and also don't forget to click on that subscribe button. Along with that notification bell that way, you don't miss out on these daily videos all right. So, let's begin right off the bat we got the spy.

The futures market is officially open. It opened about two hours and 30 minutes ago, and so far it's looking a little bit red. It's looking a bit red, i'm not too worried um on here. If you look closely there is that morning star that morning, star the drop could just stop right there.

It could just stop like at 46.40 before buyers, step in and then this thing start continues to move throughout tomorrow. Obviously, tomorrow is a holiday, so we have to wait until tuesday for um the market to be open right, but as of right now, not not too worried not to worry, even though it doesn't look so good at the moment now the four dollar stock, the four Dollar stock, that all of you should keep in your watch list for next week that stock is bb ig all right, and the reason why y'all should keep this thing on your watch list for next week is because of this thing: um, if you, if you go On the daily timeframe - and you zoom in right over here all right now, the stock first of all the stock has the tendencies to do these every once in a while, as you can see, it did one previously over here in january of last year, all right And then it has it had another spike over here in june and a massive one in september and then followed by these ones all right, so it frequently has the spikes, but the reason why i think that um is it's ideal to make this video right. Now is because of the bottom here the volume sells a big story. The volume tells a lot about.

What's really going on. If you look at what's going on right now, um the volume for last week was around 200 million. If you compare that the volume of what happened when uh all of this this rally, this momentum happened it's around the same 200 million to 240 million. This is the beginning of a massive massive move.

Definitely not something to just ignore and dismiss all right. I think that it can go all the way up to fill these previous gaps over here. To the left hand, side. The current price right now is exactly four dollars.

After hours is 421 on tuesday, it could open up at exactly like it could open up at exactly four dollars. I'm not gon na lie. You could open up at the same exact price and then start moving slowly upwards stores, five dollars and eventually get to eight dollars right right when this gap gets filled. Right here expect a move to this level, if not next week, then the week that follows right.

That's my very honest thoughts on this stock and, while y'all should keep it in your watches. Now, let's talk about you guys, stocks of interest you'll have some great questions by the way, excellent questions and we're going to talk about them right away now. The first one is um ccg. What is going on with that one somebody asked about it and i looked at it and it looks quite good.

The stock has a um, a very consistent uptrend. It's been up trending since 2019, 2008, no way 2020 and then 2021 right now it looks like it needs to slow down a bit. It looks like it needs to fall just a little bit because on the daily chart there is this head and shoulders left shoulder head and then the right shoulder is right there right over here and friday. It didn't have too good of a day all right.

It really didn't happen, there's some gaps below. I think it's going to drop. I think it's going to slowly fade over here all the way down to like 19 bucks. I think we see the full move happen right here, all right, a similar move to what happened with drafty and for those of you who do not know what i'm talking about.

This is drafting, as you can see so draftking head and shoulders played out to perfection. We got the left shoulder the head and the right shoulder followed by the breakdown um. The breakdown was very slow, very steady, and then, when that neckline broke it went all the way down to the ground. All right so um when, when the head and shoulders is like, is, is that this level? It's very hard to know when, when exactly is going to have a massive move, very very difficult like some and as you can see right now, this thing is just consolidated sideways.

If you look at ccj ccj might experience the same thing like after it gets to like 19. We might see a very slow period, a very slow movement over here for about one to two months before it tries to recover again now. This is definitely a good setup for shorts. So definitely watch this one as well for next week.

Next, one that we're going to talk about in this video we're going to do an update on we're gon na do an update on bank of america bank of america. I shared this one with y'all. I believe it was last week. Actually no, it was last sunday now i remember yeah.

It was last sunday, i told you all. I gave you all one for the longs and one for the shorts. This one was for the shorts and it was on this day. I told you that this thing was it had his run.

It's tired and people who got in here would want to take their money off the table, and this is what happened. My drawings are still on the chart. It took a while to get there. I told you how to wash this thing for a drop to 47..

It took literally all week. I thought this drop would actually happen a bit faster, but it didn't it just kept. Wasting everybody's time and then eventually dropped. I think it was because one of the one of the banks, one of the banks, had earnings, and obviously it made this thing a bit more predictable like i knew this thing was going to drop, so i guess it made it predictable of the reaction of that Stock that had earnings - i don't remember, which one it was.

I just know that one bank had earned it last week, so this doesn't surprise me at all it really doesn't and from this level i think we bounce, i think it bounced slowly towards like 40. It's not even going to move that much honestly. To be honest, i don't think it's going to move that much. I just think it's going to stay here.

It's going to stay right there right right over here and then eventually, it's going to make another move all right, um! So that's my honest thoughts on it. It got there if you were able to make money on this thing if you actually held puts throughout this. It's all your job, fest right here, congrats to you, congrats to you all right now, um the next stock that we're going to talk about we're going to talk about baba. All right, we're going to talk about baba baba was a stock that we've made some money on in the past multiple times and so far so far, it's not looking too great.

It's not looking too phenomenal. It's been slow at the moment. How long is it gon na take before it gets up to 150 before it gets up to 160 dollars? That is a difficult question again i like to be i i prefer to be right on both. It makes the trade less risky, i'm currently on the sidelines in regards to baba, i'm not in it at all, i'm just patiently waiting for the right time to actually get some contracts on it.

Okay, because, if you don't know a win is going to bounce, it's just gon na chill over here and pretty much. Those contracts are gon na get crushed. As long as it consolidates everybody loses the long shorts everybody loses. Apart from those who hold iron condors.

Those people win all right, but i i really don't have any expectations of baba and i'm waiting just like the rest of you. When is it gon na bounce? I don't know i really don't know, but i just know that it is it's going to get to 160, eventually, eventually, now the next one that we're going to talk about um, i believe, on, i think, was friday. I told y'all. I answered the question about you with ups and i gave you a warning.

I gave you, no, i think it wasn't. It wasn't a question about ups. It was a question about a stock that had a reverse head and shoulders like ups and then i use ups as an example right. I use ups as an example.

I don't remember the other stock, but we again we're going to talk about ups right now, and i told you i think it was friday. I told y'all to watch the thing for a drop all the way down to like this level and maybe even 200, and so far it looks like it wants to get to 200. um. The rejection was there again when this neckline fails to break.

It can be very, very detrimental, especially when people expect a breakout, and they buy calls right over here at first like right here at 217, then they try again right here at 218, expecting a breakout and then this is where everything goes up. This is where the trend shifts, and this is where there is pain, lots of pain, and i don't think it's quite done yet. Usually, when that happens, the ramification is much much more devastating, so we might see it drop all the way, maybe below 200, even maybe towards like 195 within the next few weeks. So i'm not too optimistic about ups or fedex for that matter.

So that's that's my honest thoughts on these stocks. That's my honest thoughts on the four dollar stock for the week, and that is the end of the video again. Do not forget to annihilate the like button for the youtube algorithm as always helps the channel a lot and allows more people to get this knowledge as well. Also, if you are new to the channel - and you haven't done so already - definitely - click on subscribe and click on the notification bell, along with all notifications.

That way, you don't miss out on the pre-market analysis, videos which are released at 8 20 a.m. Central time any post market analysis videos which are released every single day in the afternoon. If you'd like to be part of a private discord community, you can find that as the first link in the description of the video below, if you're not on social media, you can find me at paul and guma independent knowledge lab on instagram, twitter and facebook as Well, and if all of this is brand new to you, if you are 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 signed up with all the tools you need to start trading immediately. You can also get two free stocks will get up to one thousand, eight hundred and fifty dollars, rather than 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 open a knowledge lab where we trade patterns and patterns only, and i will see all of you in the next video you.