Everybody welcome back to the channel in today's video i'm going to be sharing with y'all a stock that is ready to bounce very soon and why you should keep it on your watch list. I'm also going to be answering some of you guys, questions for those of y'all who drop those stocks of interest in the comment section of our last video right after the intro. Alright. So before we begin again do not forget to annihilate the 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. We got the spy right now and in my last video on thursday night i told y'all to watch the spy for a move up to 46.90. It got to 46.90 and then it went up even higher towards 4700 and ever since then has been going sideways. Being choppy - and this doesn't surprise me at all - i think that this choppiness that we're experiencing right now is going to last for a few more days, maybe two to three days like it's gon na it's good.

It's definitely gon na stay in this region again tomorrow and then on thursday, no tomorrow's wednesday yeah and then on wednesday. We may see this thing biggest direction, all right. So that's my very honest opinion on the overall market. Now the stock that y'all should be keeping in your watch list, that stock is snapchat s and ap all right, and the reason why i want to share this one with all of you is because of this um number one.

As you can see, the stock has been demolished after earnings all right. This is brutal and um. It looks like i found a nice level of support over here at the bottom, which is really really close to this level of support right there, alright and then, if you move in closer to the to the four hour time frame, you can clearly see. Let me just zoom in some more that way.

I can really see what i mean. You can clearly see right there that this bullish structure broke out um today all right and we may see a little like a little retest of 42 or 40 a 54 or 50 before we go higher all right. We may see that one now my price target, for it is around. Like 58, i'm not bearish on snapchat at these levels.

I'm definitely not, even if, like the market decides to stay flat, i think money is gon na flood into snapchat. So definitely keep this one. On your watches for remove tomorrow now, let's talk about you guys stocks of interest again, if you are new to the channel, we always do this here, um, if you have any questions, drop them in the comments section of the video and i will address them. Um, the first one that we're gon na talk about is facebook all right or, i should say meta platform and um regarding the stock right now, um, it's not it's not looking too good.

It looks like it's retracing at the moment. Um people who bought these lows right here after earnings the stock got demolished but eventually recovered. These people are taking their money off the table, which doesn't really surprise me at all. Eventually, it's gon na get out of this zone.

As you can see, there's some sellers right there and then there's more sellers right here and then we're gon na go. It's gon na be a little choppy drop over here and then go again, retest it and then eventually get through that line right there, all right. So definitely keep it in your watch list um watch for the dip. I think it's gon na drop to 330 before it bounces.

I think i'm not bearish on facebook or i'm not bearish, on metal platforms at these levels. All right so uh definitely keep that on. Your watches the next one that somebody asked about um you have to address tesla because it's been a while all right and in regards to tesla. This is not.

This is not looking too good. It's really really not um the gap down that occurred um over the weekend very traumatic to people who bought the top over here at 12 25. And if you look even closer, there was this little trap that i actually warned some people about at discord. It looked it looked kind of good kind of good, but you got to be really careful.

When you see this thing, you see the buyer step in in the morning. It pushes up higher and then it kind of like it. It teases the the newbies, it teases um the beginners right and it shows them a bullish, bend it right there and they get really really excited um. I explained this about.

I think i showed the same thing, which should look a little bit a little bit different, but the concept still applies right. They show you something that you know it looks super predictable right, it breaks out, you buy it, and then you hope that it goes even higher, but it doesn't. It just keeps wasting wasting and wasting your time and then in the afternoon, once all the selling resumes again there's more panic. There is more fear.

After hours, it's down, it's gon na go even lower all right um. How low can it go, though? That's probably the question that you'll probably have in mind um. I think that it's going to drop all the way it's going to drop below 1100 for sure um. I would say 10.50 watch for a drop to like somewhere around here before we see some type of consolidation.

This is not a level where you would want to be a buyer, not up here. So just let this let the stock chill or better yeah. If you have bullets in there um, this is obviously still a short to the downside. So that's my very honest opinion on tesla the next one that we're gon na talk about we're gon na talk about fiverr all right now, fiber this.

This one is a good one. Um, it looks pretty good. Like bigger picture, it looks fantastic, it looks like earnings is about to um push the stock higher. It looks like it, but somebody else could argue that, yes, the setup looks good.

If you change it. Let's say if you change it to the weekly right, you change it to the weekly and you're like yeah. The setup is good, it's forming this flag right and i, and you probably think that yeah i may balance and they may go over here and it definitely could 194 is a possibility. 194 is a possibility for the stock from earnings report.

It could happen right, but let me show you something else, and this is not to scare y'all, but let me show you, let me show you peloton. Let me show you what happened to peloton peloton. Look fantastic right! If you go on here to the weekly you go right there, somebody can be like yeah peloton looks super great. It looked like it was going to jump right.

Everything is connected. Well, i'm gon na buy your low calls for the spike through earnings right and then look at what happened and immediately got the mileage through earnings. Um it got crushed by like 30. Now is five fiver experiencing some type of fundamental issues that may cause a massive drop like we've seen on peloton, i don't know, but if you look at fiverr right now, peloton was a drop from 171 all the way down to 80..

So this is a 50 retracement all the way to the bottom, but fiber fiber is also the same thing. 50 drop all the way down to the bottom um. When stock drops by 50. I struggle to recover.

I think i told you that before um something something deep down in the stock isn't going right. So if you're gon na some of you i'll probably want to gamble through it, you probably want to buy your locals yeah the stock. Is it's a reputable stock? You want to getting through earnings, but remember what i say: holding through earnings is 150 gambling and the fastest way to lose all of your money all right. So again, i showed y'all what the perspective with peloton.

Fiverr may also tank all the way back down to like a hundred bucks it could. I would not be surprised to see that um, something that you can do. You can do a like. Let me see the contracts over here how expensive, okay, the contracts are.

A little bit pricey, they are a little bit pricey the at the money calls, but a technique that you can do is do a strangle right where you buy an out of the money call and you buy and out of the money you put and then you I mean this. This setup looks like it's gon na make a very wild move, so the wilder the move, the more money you make on either side. So just keep that in mind. It's a possibility, but the caveat is if it doesn't move at all, you lose in both directions.

So, for all of you gamblers out there, i know i just gave you a little little tip on what oh, it's something that you can take advantage of, but be careful all right, just be careful with your money and try not to gamble too much um. The next one that we're going to address in this video, that's like his baba all right, it's been a while, since we talked about baba, so why not address it in today's video um baba right now is currently at this previous level right here, right um. I think it touched 158. This is not what i wanted to do.

I think it's 158 already yeah. It definitely did and there is abolisher on the chart. Um, i'm not bearish right here unless that level breaks right like ideally, you want to go in small and then, if it opens higher, then you go heavy but right now the way it is. Is that a good spot? This is a spot that you want to.

Try to get in small right and if it goes down, obviously take a small loss if it keeps climbing in your direction and behaves, this thing is going to run to 180.. So that's my very honest opinion on baba. There is one more that i want to touch on and i think a lot of you are gon na like it that one is uh neo all right and neo. I believe neo also has earnings and the setup is also looking like an ernest b.

We just went over this with fiber all right. The chart looks exactly the same well similar. The fiber fiber is like at the bottom here of the jar. Neo is at the top right there like almost near resistance, so we may, we may see earnings push it up to 46 dollars.

We may see that we may see that um. The move through earnings for neo are not too ridiculous, they're, not too wild. We don't see like a 10 point gap down or a 10 point gap off um. When the report earns.

You don't see that so it may move about two to three dollars overnight or it may not go anywhere right and then they will just resume how it's supposed to resume and eventually it's going to go to 50.. But right now it looks. It looks pretty good again: um, try not to gamble if you're gon na do it. Um choose a very choosing the amount that you're okay losing overnight, because it could always drop to 36 and then try to make its way back up again like it.

Could it really really could right? That's my very honest opinion on the stock, and that is the end of the video again do not forget to annihilate the like button for the youtube algorithm. As always, it helps the channel a lot and allows more people to get this knowledge as well. Also, if you are new to the channel, definitely click on subscribe and click on the notification bell, along with all the notifications that way, you don't miss out on future uploads. If you would like to be part of a private discord community, you can find that as the very first link in the description of the video below, if you're, not following social media, you can find me at paula guma, in the pedanology 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 stock market i'll, have 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.

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