Everybody welcome back to the channel. My name is pauline guma, founder of analogy lab in today's video i'm going to be sharing with y'all a stock that has been beaten down for quite some time and i think it's ready to make its big move really really soon. All right right after the edge roll, all right so before we begin again, do not forget to annihilate like button on your way in and also don't forget to subscribe. If you are new to the channel all right, so let's get started right off the bat.

Let me have the spire right now and in my last video i gave you all a warning that um the weight up is going to be a little choppy and um. You you you, you have to not be surprised and, as you can see today was today was an example of that there was two dips intraday, but both dips got bought out right over here. As you can see these right there, these wicks they're buyers, they're buyers which like to see that, especially if you're bullish on the market um, i think tomorrow is going to be a good day. I think that we're gon na run.

Finally, finally, we're gon na run to um 64 40 and maybe even i mean 46 40 and maybe even 46.50 somewhere over here, all right, so i'm not bearish on the overall market for tomorrow wednesday. On the other hand, maybe a little slow all right. So now the stock that all y'all should be keeping in your watches, that is about to make its move, that stock is rcl all right and the reason why i want to share rcl with all of you is because of this um. If you looked at the chart, it's been crushed for like a whole month, all right, it's been demolished since the highs of 95 dollars, and i did share this trade with y'all.

I think i did. I think they did so congrats to anybody who were able to make some money on this thing um and took your money off right and right now it looks like it wants to make another run. The pattern that i see here is actually a combination of two. The first one is the flag right there, all right the flag right there is clean, it had earnings on.

I believe this was friday. It survived earnings and then today pushed even higher, which is a good sign. The flag is clean. Okay, the flag is clean and the other one um is actually the it's not the best, but it's it's there and um.

I have to address it. There is the left baby head left shoulder and then the right shoulder is pretty much about to form. So where is this thing going to go? I think that rcl and again, along with like the whole travel sector, there's more money, that's going to be pumping into that that sector and they're going to go higher and there's some news about some analysts saying that cruise lines, operation or business should be going back To normal by, like may 2022 and usually what tend to happen when things like that happen, and especially when this aligned with the with the pattern on the chart, the move happens in advance, it happens and then, when things get normal, then we go sideways or we May even drop right, so you want to be like ahead of it before happens, that we could capitalize on that. So definitely watch rcl for a move all the way up towards 94 93 - maybe 94 dollars somewhere over here, all right, i'm not bearish! On travel! Now now, let's talk about you guys stocks of interest again for those of you who are new.

We always do this here. We always answer people's questions. So if you have any questions, any stocks that you want to talk about, that you want me to break down. Definitely drop them in the comments section of the video, the first one that we're going to address we're going to address fcx right and in regards to fcx it's actually going strong after hours um.

There was something that happened over here. They probably got some views. It says right there that um, oh something about shares, who purchased about 3 billion, so it bumped the stock up, which is good all right. Now, if i look at this thing on the daily right on the daily time frame, there is a flag on here.

There is, is there, i can't ignore it wrong, drawn too okay, the flag is there, it stretches from here. All the way to here it broke out a few days ago is consolidating it wants to curl back up again to 40 all right. So that's the first thing that i see the next thing that i see if i zoom in right now, and i make this a little bit bigger right there. I think that tomorrow again, since it jumped up after hours, it's gon na open at 39 - it's not! It's not going to move higher than that before the market opens it's going to open right here, all right and then it's going to move up and then the next thing you see on the chart is pretty much an island gap reversal right.

It's pretty obvious. We got the um the gap down followed by the island right over here. This right there is designed to trap short sellers all right. This is where the short sellers go in shorts and then, when news like that happens about some repurchasing and the stock spikes they get trapped and then they cover and then when they cover the stock, goes up even more.

That's what makes this thing kind of so obvious right so yeah washington, for it move all the way up to 40 tomorrow and then, after that. After that, i don't really know, and the reason why i don't know is because if we do one of two things it could continue to 41 right. If there's more money going into the dow and more money gets injected into this steel company like it could go all the way up to 41, maybe even 42 dollars um or it could go sideways. I don't know which way it's gon na go um.

If we take a look at the weekly right that way, y'all can see what i mean. There is a giant cup in the handle on the chart. It's right there. This is the cup right, but my thing is, i don't know how wide the end the the handle is going to be.

I i don't know right. So it's so it's about to open at 30 at 39 dollars could go up to 40, and then this is just gon na consolidate sideways all the way into earnings before making another move higher again, that's something that we'll have to find out later, all right, but That's my very honest opinion on the charts and for those of you who are not familiar with the cup and handle this is the cup right here right there and then usually, there's a mat. Usually, ideally, you want to see just the the stock just run like that. Ideally all right, it doesn't always happen, but when it does can be quite lucrative now, the next one that we're going to talk about in this video we're going to talk about wrong one.

Let me change this thing to the three. Let me change this thing to ostk somebody asked about overstock and in regards to overstock. I think it had phenomenal earnings recently yeah it did so. It had positive earnings.

The reaction was good and it immediately started. Spiking um. It tried to pull back today and then buyers stepped in right there right. So that's one thing: the next thing over here.

If you look at it, there's a bullish planet on the chart right over here right there uh-huh, it's quite clean, it's quite clean and it's taking a sweet time to really run it's gon na run. At some point, that's probably why that's why i have the alert right here. It's going to run at some points. I just don't know how long it's going to just chill out here before running.

It could be a day. It could be two days. It could be a week, it could be two weeks like it could literally just waste your time and go sideways throughout this entire, like entire period and then run right. It could happen so just um just be on the lookout for that and don't be surprised if it does, we want this thing to run.

We really really do the setup is there, but you cannot ignore the other possibilities. You can either waste your time or pay. You immediately again we'll find out within the next few days, um the next one that somebody asked about was tmus, okay and in regards to tmu. It's been crushed for quite some time.

Now it's been demolished um will it have? I think it has earnings tomorrow after hours. Yes, it does okay, so i know it's very tempting again, i always say on this channel. Holding anything through earnings is the fastest way to lose your money right, because the reaction could go either way. If you have calls and then something terrible like let's say they have terrible guidance, for example, the stock can literally take all the way down to a hundred, and all of your calls will go to exactly zero dollars and zero cents all right.

So just keep that in mind. Um. There is like right now it's at the neckline. Yes, it's right there right at support.

Earnings could cause it to bounce all the way up to 120, and then we can see a nice rebound all the way up to 131.. Ideally, that's what you want to see again, but you, you are gambling if you are holding calls through it just to let you know all right so be cautious if you're gon na, do it and go small if you're gon na do it now the next one That we're going to address in this video we actually got to do a recap on blank um we're going to do a recap and blank. That was the video, for that was the stock for the last video. It's done quite well congrats to anybody who were able to like get in on this thing, either at like 30 to 80, or something like that like somewhere over here.

It's not it's not quite done yet it's early um today there was actually another intraday pattern on there. It was quite clean. It broke out right over here and now it's up after hours tomorrow. I think it can go all the way up to 36 dollars.

Maybe even 37 dollars before consolidating again and then eventually it will try to go a bit higher. So that's my very honest opinion on that. One um. So if you're holding this thing, this one is an obvious hole to me and the same thing applies.

The same thing applies for yeah for charge. Point it's right. There, it's clean and the circle is drawn right here, i'm not changing my mind. I think it's going to go to 27, and that is where i would take the rest of my money off, because i did take some off like at 26.

I didn't um. I have some runners left and 27 is where i'll be taking the rest of them off. So, just that's just an update on these stocks and how they're doing so congrats to anybody who were able to make some money on this one, either from the initial pop or from this rebound or from this um from this rebound as well. So again, congrats to anybody who were able puts me some money on it um next one and the last one that we're gon na talk about in this video.

That stock is baba all right and baba had a quite solid day along with other chinese companies um. I missed this one and four, obviously, because i was watching chargepoint and like right, but um in regards to where the stock is gon na go. I think that is going to. I think that it's going to go back to 180, actually yeah.

I think it will like tomorrow it's gon na open up at 171, maybe even 172, and i think it's gon na go all the way up to like 180 within the next few days. Right now could it break through, because there is that left shoulder right here. Their head and that right shoulder it could the setup is there so definitely keep your eyes on this one. There could be some money to be made on bava um.

They have earnings within on the 11th of november, which isn't exactly 10 days, so we'll see how it is um. I highly doubt that it would be negative. I mean the reaction would be negative because it's been demolished for months right, so it may need like a little bit of a spark another for in order to kick off the next uptrend. So that's my very honest opinion on baba, and that is the end of the video again.

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Also, if you're not follow us on social media, find me at paul and guma in the pet 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 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 sign 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 you sign up for weeble using the third link in the description of the video below. Once again, ladies and gentlemen, my name is baldwin guma, with pet analogy lab, where we trade patterns patterns only - and i will see all of you in the next video alright enjoy the outro.

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