I've tried to make this video like three or four times already, but i always like things to be so perfect that i end up just restarting the video, so we're gon na give this one a go. Today. We're gon na look at the stock voso. I'm gon na try to walk you through everything.

You should be doing start to finish from the moment. You wake up out of bed, plop your little tushy in a seat and you look at the stock market. I'm going to show you how you could have made sure this was on your watch list after you added it to your watch list levels and things that you'd be paying attention to um and that's pretty much it. You guys ready.

So the first thing that i want to talk to you guys about is putting it on your watch list. How did i know to put it on my watch list? Well for one i don't know, that's why we use scanners and we build things like that. So i'm going to minimize this a little bit. You see this scanner here.

This is a scanner slash watch list, thingy that you can have with thinkorswim. Thinkorswim is a trading platform. I use all the time. So, to put it simply, this is a custom built scanner for things that we like to pay attention to that custom.

Built scanner will alert me of anything that might be potentially unusual for the day. What it does is it's tracking volume, so it's scanning volume in a specific way. Oh well, what's the secret of specific weight kind of your neck? It's just basically looking at the pre-market volume of the stocks over the past couple days and going you know what this is starting to look a little unusual for the stock, because it doesn't typically trade like this pre-market. So again, it's taking stocks and looking at them and going hey.

What did you do in the past and what are you doing today and all of a sudden yeah, this kind of lines up to being unusual? When that's the case, we will see a a purple. Magenta line okay, so you see this purple magenta line there when we're getting unusual volume pre-market and when this scanner here on the right says, hey look at me: it's because the volume pre-market for any given stock is triggering in a way that says hey. This is unusual, at least for this specific stock right. The volume may not be unusual, like oh, the volumes, 6 million, so that's unusual.

No, the volume could be 25 000, but in relation to what the stock typically does, that is very unusual. Okay, so the volume doesn't have to be a specific amount. The volume doesn't have to be this or that it just has to be what we deem as unusual based on the scanning system. So that is how it would have ended up on my watch list today, which it did you see the green scrolling bar on the top.

You see voso on there yeah. I could have added it there before. I started this video and you guys may not have known, but you guys know that i stream every single day. So if you just look at the live stream that we do every day, you will see that that was already on the watch list this morning.

Because of this scanner, so that's how we knew to have this one on the watch list was because of pre-built scanners, which, if you're new in your trading career, you'll, eventually figure out how to do that or you'll do that or if you're, new and you're just Going to want to spend some money, then we'll take your money and there's a script that you can buy from us so that you can just start using this on the go and that will be linked in the description now. Aside from that, what are the next things like? How did you know? Maybe this was a dip to buy and how did you know the market was going to break out over this? If you go, look at somebody else's youtube, video or if you go look at somewhere else on the internet. The first thing you'll be taught is well, you see, there's a pattern here and when the pattern does this and that then you buy and it breaks out. Yes, all good and dandy.

True true, true, yes for sure. A pattern, though, does not tell you how big a move is going to be. A pattern does not dictate that the move will go a dollar three dollars or five dollars. A pattern does not even tell you that the trades even going to work a pattern is just a pattern.

It's just something you recognize that doesn't actually guarantee you any outcomes. So keep that in mind. When reading a book and watching a video that says a pattern, is what you're supposed to be trading, not necessarily a pattern is what occurs in the market, but doesn't necessarily mean you should trade it or that it's going to result in profit or anything actually, good. Okay, so what else could we be looking for? Well, what i'm going to show? You is my strategy.

It's called a standard deviation channel. It's really nothing too crazy, but it's pretty awesome. So we're going to change this to the stock voso and what we're going to do is my favorite thing. The blue, in the purple line on the 180 day four hour and the one year one day are known resistance, known selling zones on all stocks.

Not only this one, not just fcl everything, apple, facebook, nvidia, roku, tesla, the s, p 500, the dow jones, you name it, the plus three and the plus four have the exact same meaning, no matter the equity, no matter anything plus 3 plus 4 deviation is a Statistical, whether you want to call it probability, statistical zone, it does it, it always is what it is. Okay, it is the plus three plus four zone. Okay watch when i go to fcel to the four hour chart where are the blue and the purple line? Well, in this case, i'm only running the blue line on this chart, but don't even worry about it. So in this case, fcl's blue line is all the way at 14 24..

If we go to apple aapl where's, the blue line, the blue line is all the way up here. Do you think, if apple skyrocketed, all the way up here, it would keep going for forever? Do you think it'd probably sell down it probably sell down and a good spot for it to do is right. There remember that stock lcid that just started moving a couple days ago, and then we said to watch it bearish like two days ago. That's because where was it you see the blue and the purple line we got to it and slightly above it.

This is a known selling zone, a known resistance zone. Sometimes it can go through, but most often times the market will get sold into it there. So you can see all the selling happening, the blue and the purple. There will be times where the market actually exceeds the blue and the purple, and you have this crazy move.

Why would you get such a crazy move, though? Well, what? If again, the blue and the purple are a very known selling level. Does that mean that a lot of people are shorting there potentially or that means a big breakout, is occurring because again markets, don't typically go through here. So when they do go through here, they can have an explosive move. Do you remember the stock dwac just recently remember when it went from like 20? Actually, let's, let's do that, you remember when dwac went from this right here that mark 20 all the way up and just went booming.

This 20 line was the blue. This 20 price was the purple. It was you, don't see it like that now, that's because everything is changed and updated, but at the time this was the blue and the purple okay. So when you go back and look at voso and you look at this time frame, okay, where did the breakout happen in between those two levels? What pattern takes place in there, a bull flag? So do you think it's a coincidence that a bull flag is bull? Flagging in between our plus three plus four known selling zone, and when it surpasses you have a gigantic breakout, this is not a coincidence.

Okay, this is what you call a parabolic break through the plus three and plus four deviation resistance. Now i will show you an example of something that does not quite make it through the plus 3 and plus 4 deviation resistance and gets completely mcmangled down a stock. You are all, oh so familiar with ready, prog look at where the blue and the purple line are at, and let's take this to a chart that has minimal data. Prog look at where the blue and the purple line are at on my chart.

Look at what happened to prog look at where the blue and the purple line are at on lcid. Look at what happened to lcid. Okay, look at where the blue and the purple line are at on voso again, look at what happened. Stock went up, got absolutely mangled, but then recovered and broke through go back to prague.

What did prague do? Prague went well. Prague came from uh prague game from quite a bit ago. Actually so prague came from 66 cents to the blue and the purple and then got mcmangled, so that means in the coming weeks, if we manage to get prague through this level, the blue and the purple, what do you think is going to happen? I mean you just seen it with voso. I mean i just told you blue and the purple mcboomer krog up and through the purple and the blue mick mcboomer.

You guys remember b-e-n-e, okay, when b-e-n-e broke out right here. I know you may not believe it, but when b-e-n-e broke out like right here, this was the blue and the purple. So, ladies and gentlemen, that is really just your today's class on the big boomer for the day, helping you guys rationalize what it is you're seeing in front of your face. Another thing to take note of is this: the market is down trending, so i'm going to walk this through you up higher low up higher low up higher low up lower high possible downtrend, only downtrending when we take out our previous swing low, which in this case Could arguably be here or this one market pulls back, never breaks.

Those goes back up takes out previous swing, high up trend still in effect, so mark it up, pull back higher low, higher high higher low higher high pull back minimal. Uptick down starts to break previous swing lows. Now we have entered a downtrend market breakdown back to retest breakdown. Now market is below the 50 ema market below the 100 ema market's downtrending markets following 150 ema down.

If this completely fades out, don't be surprised, if you see the price all the way back to 12 to 15, 11. now 12 to 11 50.. I don't think it'll go quite that low, but probably like maybe like 13s, but if you get it down close to 13s, anybody who shorted will be looking to cover because they know this was a parabolic break. And now we've reverted back down almost to the parabolic break level, so that, ladies and gentlemen, is all i have for you on today's video.

I hope you like it hope you learned something new i'll catch. You guys on the next one.