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So one of the first things that i need you guys all to know is that if you are down on the day, you know the overall market's down, we actually are approaching uh previous support levels right around 14 uh 300 uh that we were testing or retesting Uh just a couple days ago, right markets very oversold. This is the nasdaq market. You can look into not just the stocks that you're invested in, but look at stocks like google right. Google is down three percent today, it's very oversold.

It's pulled it on back. Overall, major markets are pulling back. I never want you guys to think that you are alone. Markets are in the red, most of them, especially tech.

There are some industries that are doing really well. Today, though, airlines, i actually have a watch list for airlines very quickly. You can see that most of them are in the green, but not by very much right, but as well as automotive congrats to everyone. That's in tesla tesla hit highs of 800.

Today, it's quickly pulling on back but also same thing with general motors and the same thing with ford, but it's not like they're, absolutely killing it they're doing well they're in the green, but tech is pulling on back. That's the first thing that i wanted to share with you guys, because i don't ever want you to think that, like you're alone with these red dates, it's hard it's difficult. I get it! It's been about two weeks of the market pulling on back, but guess what we went a really long time with the market being consistently bullish right, we've gone months where there's no pullbacks. So if you can't accept the red days, you haven't earned the green days.

Understand that these pullbacks are part of the process with that being said, i want to talk about a stock that we talked about yesterday. That was my favorite stock, that is both bullish, consistent and, of course, a decent deal based off of current patterns. A lot of you guys like when i make these videos and if you want me to continue to make them all, i literally ask you to do - is to smash that like button and consider subscribing, if you guys haven't done so already, but this stock itself is C-O-R-X this is crops and it's a weird right. It's like really the shoe company.

I get it, but look at this shoe company has a market cap of 8.5 billion dollars and not only just that, but it's super bullish, meaning that over the past year it's gone from eight dollars and forty cents to highs of a hundred and sixty three dollars. Think about that think about that absolutely insane right! It's been so consistently bullish. It's recently pulling on back and looking at this on the four hour time frame. We can see that yeah, it's still selling off.

So one of the first things that you need to know is that, yes, it's oversold, but it doesn't mean that just because it's cheap, it can't get cheaper it could it could continue to sell off, which is why, if you're part of learn plant profit, we talked About the three stages of a reversal and our position size right, you don't want to aggressively buy when it's selling off, because just like this past two weeks right, you don't know where the bottom is. You don't know if it can continue to sell off so make sure that you're aware of that, i would love to follow up with crocs when it begins to trade. Above the estimate line and above the ema line and or at least indicating signs of an uptrend. So make sure that you do your part and allowing that opportunity to present itself, because, although 136 might sound like a decent deal, what if it drops down to 125, what if it drops down to 105, you don't know where the bottom is.
Cheap does not mean that it can't be cheaper and, if you've traded for a while, you know exactly what i'm talking about right but from where we're at right now, just to previous highs, it's 20 roi, which is why i'm talking about this. So that is what earned crocs to be added to my oversold watch list. I don't know if you guys have different watch lists. I love creating different watch lists for my different interests in the market, and this is a watch list that i created for stocks that have been previously bullish.

So the direction is in my favor big picture, but have recently pulled on back. So crocs made it into this list. We got google, we got crocs, we got tqqq2, which is actually testing new lows today. So that's about to test the sma line, but a lot of these have not began to indicate signs of a reversal just yet so cheap does not mean that they can't get cheaper right.

So please make sure you take that into consideration, but again a lot of the stocks that you can see here are companies like nike facebook. You know google starbucks, shopify uh pinterest. You know decent quality companies that are normally more bullish than they are bearish, but i've recently pulled on back due to market conditions, so make sure you take that into consideration and if you decide to buy it early, let this be a perfect example. They can still sell off and you can't be surprised by that.

So again, you need to understand how to manage your position size. You need to understand how to buy into a reversal and, most importantly, you need to embrace and test your patience. So when that direction does actually present itself you're able to take advantage of it, so i'm very excited to follow up with it. I hope that you guys are too.

Please make sure that if you guys have any questions whatsoever about current market conditions, comment those down below and if you guys want to join our free group right if you're, absolutely new to trading click. That first link in the description. But if you want to be able to watch me, trade live every single day and learn a little bit more about what the learn plan profile gets to experience click the second link down below and maybe i'll see you at market open tomorrow. Like always, let's make sure that we in the year on a green now take you to the team.
.

By Stock Chat

where the coffee is hot and so is the chat

32 thoughts on “😳 this stock blew up +1,500% (buying now?)”
  1. Avataaar/Circle Created with python_avatars dave Osborn says:

    ok we are just having some online lesson on Forex trading on how to make 80% profit on Forex TRADING, lessons is free we just need more followers if interested kindly respond will send you a link

  2. Avataaar/Circle Created with python_avatars Richard Brown says:

    Nice video
    I've been following up your videos for sometime now but dont earn as much as I earn when using a trading bot
    I think trading bots are the best

  3. Avataaar/Circle Created with python_avatars Bullish_trader says:

    Investors should avoid picking stocks unless they are actually willing to research the company. If you listen to these YouTube guys and chase big returns by investing in the latest hot stock, you're likely to overpay

  4. Avataaar/Circle Created with python_avatars J B says:

    Awesome insight Ricky! as usual, thanks.

  5. Avataaar/Circle Created with python_avatars lFass says:

    Nio taught me that cheap can be cheaper 😭

  6. Avataaar/Circle Created with python_avatars Pamela Angela says:

    I don't know who needs to hear this, you've got to stop saving all your money. Inv'est some part of it if you want financial freedom.

  7. Avataaar/Circle Created with python_avatars irainkoolaid2 says:

    whys the market pullin back? its like slow bleeding

  8. Avataaar/Circle Created with python_avatars Miguel MagaΓ±a says:

    $FAMI is it the next $CEI?

  9. Avataaar/Circle Created with python_avatars Jorunn Berban says:

    When I saw Blew Up 1,500% I was like wow, but I did not pay attention on that + , maybe in my mind ''oversold'' content. I am thirty of rally stock! Lol

  10. Avataaar/Circle Created with python_avatars Jorunn Berban says:

    What's up what's up Ricky! Before I watched this video that was what was happening around me and I was talking about it too. Last week and this week. It looks like tomorrow back to green. But this time my plan is before Friday if I get all my $money back in green, I will sell everything and wait a day like today to buy. I smashed that Like button!

  11. Avataaar/Circle Created with python_avatars Florence Charlie says:

    <If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it's going bearish or bullish.while myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 6.5BTC from 2.4 BTC in just August from implementing trades with tips and info from Michael Denson

  12. Avataaar/Circle Created with python_avatars Mark Pitts says:

    Lol nearly flipped some of my coins and stock due to panic,glad i never did.still on cruise control.Awesome

  13. Avataaar/Circle Created with python_avatars Moto Dave says:

    THANKS RICKY, SHITE I THOUGHT I WAS ALONE……………………LOVE YOUR VIDS.!!!!

  14. Avataaar/Circle Created with python_avatars clncaa quintero says:

    Ricky please reply as how to get a new password on the classes I took from your Learn plan profit course .No email has been sent to me and I tried it several times

  15. Avataaar/Circle Created with python_avatars Schwinn Stingray Guy says:

    Where my sqqq green day trade brothers at?

  16. Avataaar/Circle Created with python_avatars Nick says:

    You should do a $25k donation to me so that you can help an entire bloodline an entire generation be wealthy πŸ™‚ one donation can help so many people daddy ricky

  17. Avataaar/Circle Created with python_avatars Ted Tates says:

    Facebook and instagram have massive power outage mate and the stock's down another 5% damn the market is pulling on back.. alright.. it's pulling back more then it did last time.. are we going for new lows.. and could this just be the first wave before it get's worse into 2022? It's almost amazing to me to see this.. I'm new to the market and it's not really my main focus.. i'm not to worried about my positions.. i can always add more if i desire

  18. Avataaar/Circle Created with python_avatars Wilson Vidal says:

    Hey Ricky, do u have a video of how to set up WeBull screen to make it easy to trade? Your set up looks great and I'm having issues trying to make it similar as yours πŸ™

  19. Avataaar/Circle Created with python_avatars Benny Yy says:

    Tmc the metal company and clov

  20. Avataaar/Circle Created with python_avatars πŸ™„ says:

    Loll live in your american bubblle boy

  21. Avataaar/Circle Created with python_avatars Dr Mx says:

    If it ain't $ALPP I ain't sippin

  22. Avataaar/Circle Created with python_avatars Jake says:

    getting drilled in the market today, not comfortable adding more to my position size so holding strong!

  23. Avataaar/Circle Created with python_avatars TheOfficialUnleashed says:

    Hey Ricky In your Day Trading Course, do you live trade or send signals?

  24. Avataaar/Circle Created with python_avatars JUICÉ says:

    Hey Ricky. I got a stock for you, could you make a video on the stock ($onto) i see a good buy potential and its kinda oversold. Great earnings and revenue.

  25. Avataaar/Circle Created with python_avatars clncaa quintero says:

    HI Ricky I took your class last year LLP ,now I want to review but forgot my password, I did click forgot my password on the site several times already but nothing has come in my email.Please help

  26. Avataaar/Circle Created with python_avatars Kirk Wilson says:

    Ricky, your oversold vids are immensely valuable, keep them coming brother

  27. Avataaar/Circle Created with python_avatars Fernando Antunes says:

    You always get some great ideas from your followers

  28. Avataaar/Circle Created with python_avatars Min Bartoe says:

    PTON, SBUX, AMC, PINS you recommended are way down. Some of us can’t afford this.

  29. Avataaar/Circle Created with python_avatars Gonzalo Garcia Tunon says:

    can't stop thinking in Tanner Fox first investment.. we are praying for you

  30. Avataaar/Circle Created with python_avatars Anthony Donald says:

    I'm no longer waiting for the GRANT LOAN because I earn $ 26,700 every 10 days recently

  31. Avataaar/Circle Created with python_avatars Rameez Ahmed says:

    Why a clickbait title when you got great content?

  32. Avataaar/Circle Created with python_avatars JWB says:

    Hey Ricky thanks for making videos for us bro love and respect it so much

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