Everybody welcome back to the channel in today's video we're going to talk about a stock that is about to go insane tomorrow and while y'all should keep it in your watch list, i'm also going to be answering some of you guys. Questions like we always do here on this channel now before we get again, do not forget to annihilate the like button on your way in, and also don't forget to click on the subscribe button. Along with that notification ball. That way, you don't miss out on these videos all right, so so, let's begin right off the bat.

We got the spy right now and the spy. Apparently, the top of that move was exactly 45.85, and today we had the uh. The cpi data come through at exactly 6 30 and it caused this giant drop right before the market opened um with the way the market is looking at right. Now again i told you in the last video that i was expecting to move a little bit higher to at least 4 600, and then we got we got that drop.

That's all right right now the situation looks a little bit sus like it's in bearish territory. At the moment - and it looks like it's about to retest these previous levels right over here right there at around 43 before we see some type of bounce all right and keep in mind the more we retest a level, the more likely we are to break it Right now, it's only it's only a two to one retest that we're experiencing at the moment, and what i mean by that is this, like we, i'm gon na zoom in right here and we're gon na take this drawing tool. We got this level right over here. We retested it once we dropped and now we retested it again, we dropped all right.

I think we're gon na get another one, another one that goes like this, maybe slightly lower, and then we could actually see a head and shoulders that bring us down all the way to here by the end of that specific week, or we may just see a Continuous consolidation in that specific range until the market decides to make up his mind whether it's going to break out after the 18th or before that all right. So that's my honest thoughts on the overall market for tomorrow. I do think that there will be some selling pressure now. Could it open a little bit higher before falling more it? Could it's a little bit far away from the nine moving average on the four hour? So it definitely could do that like it could open up at like 4500, exactly do a little spike, a little spike and then immediately collapse again like so be on the lookout.

For that, it could happen now the stock that you should be keeping in your washers for tomorrow, that stock is costco and that stock is for the bears all right now. The reason why i want to share costco with y'all is because of this um number. One number one: it had a previous gap up here which needed to get filled right here at around 234 ish or 230 - well, 236 ish yeah around here all right and if you look at the daily stills and we zoom in again today, we can see that There is this: this is a morning star, all right, yeah, the morning star. We got this.

This combination of these three candles with that lone doji at the top. Somebody may call it an abandoned baby, all right, but it's it's it's it's one of the same. Either way it's a bearish candlestick pattern. It's not looking good! If we're gon na zoom in again we're gon na zoom into the 15 minute all right and on the 15 minute we might see it.

Okay, yeah. We do see it the 15 minute we got the head, we got the left shoulder the head and then we got the right shoulder which broke down after hours right over here all right and with the market being down with, despite being down by 0.46 percent. I can expect costco to drop a little bit towards like 512. again, if we just open up at the exact same negative percentage at like negative 0.5 percent, then it could drop all the way down to what 5 13 and then immediately collapse.

All the way down to 500 before we see some type of balance, all right so keep that one in your watches for tomorrow. Now, let's talk about you guys thoughts of interest, the first one that we're going to address that stock is roadblocks all right now with roblox, and i'm pretty sure i i'm pretty sure. I know why that person is asking about it. I know why you are asking, because i mean on the looking at it on the i think the one hour is a bit cleaner yeah there was there was this bullish structure on the chart, which obviously moved up with the overall market for the past.

Like two days it was there it provided a nice opportunity and right now, it's just looking very, very weak um. The volume is dying down. I think tomorrow's volume is going to be a lot less than today's volume. That's for sure, and i think that it's going to actually drop tomorrow, all the way down to like 65 dollars.

It's not looking good, like a clean bullish structure. Moves like like this like this and then like this right. It doesn't do this lumpy thing right here and then like slows down and then collapse it it's not supposed to do that. So i will let y'all know right now as a warning that this thing may fall.

It could far further i'm not bullish on the stock. Given the way that it looks, and also it has earnings next week on the 15th after hours, yeah that is next week, yeah so we'll see what what what the reaction will be. It's been beaten down for quite some time for a long long long time. Right now again, holding through earnings is 150 percent gambling.

I don't see any gaps at the top. Somebody might argue that there is one above 100, but i don't i don't really like and yeah. There is one at 75. It's a tough one.

It's a tough one! I can't even predict which way we're gon na go. It might be one of these option killers where it just goes nowhere, and then both sides lose like this is probably gon na, be the 33 chance of losing. That might happen where it just doesn't go anywhere, and then the contracts they're really really cheaper on both sides and in that specific day, becomes very, very volatile, which obviously provides an opportunity for day traders. So would i play earnings on this one if i was the type of person to play earnings um? No, i wouldn't i would just i would just leave it alone.

I would just leave it alone again, um! It's your money, do what you want to do with your money, but holding through this one. I don't think there's too much upside in either direction. Now the next one that we're going to talk about in today's video we're gon na talk about uh we're gon na talk about crops. Somebody asked about it and right now, it's not looking it's not looking the greatest.

They had there's that gravestone doji right here that right there, i'm not i'm not liking that too much. I'm really really not. I mean it's pretty much following exactly what the market has done. Um, the movement is not as it's not as wide it's not as favorable to like.

There isn't much range to it. It's trading between like 110 and 100. So just like right now, it's just not it's not it's not looking good. I'm not gon na touch this one at all.

I'm really really not like the lowest. It can go before earnings, it's gon na be like 101 and then earnings. Let's see here. Let me just go on the no, not that one.

Let's go on the wiggly earnings. Aaron and me may cause this one to actually this one is a good one for earnings. I would say this: one is a good one. I expect a wild move, it's either going to jump to like 125 or it's gon na drop to like 75 dollars yeah.

This one is something that you want to keep in mind for again for those of y'all who play earnings. I do see an opportunity on this one and it could be lucrative, so strangle, slash straddle, would work on crocs all right, that's my very honest opinion on this stock, and that is the end of the video again. Do not forget to annihilate the like button for the youtube algorithm as always helps 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.

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