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PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #stock , safe stocks to buy now, put options, #options trading 2022, options trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
🔥DISCORD COMMUNITY🔥 ▶ https://launchpass.com/patternology-lab/premium
DROP YOUR QUESTIONS REGARDING THE PRIVATE DISCORD IN THE COMMENTS 🔻🔻
🔥Patternology Lab MERCH ▶ https://patternologylab.creator-spring.com 🔥
💎GETTING STARTED IN THE STOCK MARKET? Here are the steps: 🔽🔽
🔥 Get 2 FREE stocks, one valued from $8-$1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
🔥 To open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
🔥 To Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
In this video, I break down extensively the Top Stocks to buy now for this week. PSYCHOLOGY and ANALYSIS are also included (as always).
💎 Daily Stock Analysis Videos are released 6PM-10PM CT.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Follow us for daily posts and updates on:
Instagram: https://www.instagram.com/patternologylab/
Instagram: https://www.instagram.com/paulngumah/
Twitter: https://www.twitter.com/patternologylab/
Twitter: https://www.twitter.com/paulngumah/
Facebook: https://www.facebook.com/iampaulngumah
Tiktok: @paulngumah
Stocks in this video: CRWD LCID AFRM NVDA NKE
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #stock , safe stocks to buy now, put options, #options trading 2022, options trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
Everybody welcome back to the channel in today's video we're going to talk about some stocks they're about to make some major moves today right and i'm also going to be answering some of you guys. Questions like we always do here on this channel right after the intro. All right y'all before i 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, so let's begin um, we have the spy right now and currently i told you in my last video.
Oh no yesterday was monday yeah on monday morning, i told you all to watch the market for a consolidation for about two to three days. The consolidation started um. It's really really tough right now for a lot of traders, because it's just going it's not going anywhere. Nobody is winning right here.
The shorts are not winning. The longs are not winning it's just consolidating it's very dreadful, very, very boring, um. I don't like it. I like more volatility.
I like these opportunities right here, but right now, it's just not it's not very exciting. It would be nice, it would be really nice if there was a a rapid sell-off at like within the first two hours, just a sell-off to drag the market all the way down here, all the way down to like 475, and then we may see a bounce Going into the last half of the week, that would be. That would actually be fantastic, especially for some of the place today. It might help them out all right now.
Let's talk about the place that i have in my washes, which i believe y'all should have on your watch list as well. The first one that we're going to talk about is uh. Let me change this thing to the five there. You go it's afrm all right and the reason why i want to share afrm with you is because of this.
If you look closely actually, first and foremost, let's just go all the way back here. All right the stock has been um demolished requires some time like here is every time it tries to have a run, it gets sold upon and then all support becomes new resistance. All the support becomes new resistance again and then it's just dropping and dropping, and it's kind of doing the same thing again or it's about to do the same thing again. Some things that you want to consider like this drop was to take care of this little thing on the side of it here and then, once i got taken care of, there was more consolidation going sideways right here for the left for the next for the next.
Like what six days seven days and now we got this zone right here at the bottom, and i don't think this downtrend would end until we get like at least almost that low. I will it get really that low to 74. um. It would be great for short sellers, so that's the opportunity that i want to share with y'all.
If you look only one hour and you zoom in right over here, there's actually a bear flag right. There there's a bear flag on the chart and it's quite clean, in my very honest opinion, all right and it looks like it's about to break down momentarily um. It felt really harshly yesterday bounced into the clothes, and i was gapping down lower, which the bears love to see. So a flush below 99 would trigger a lot of panic and then we might go all the way down to like 91, maybe even 90, and it could even continue until tomorrow, but so far this bear flag looks very, very good and um yeah. I thought i would share it in this video now, the next one, the next one, that you should be keeping in your watches. For today. Let me go on uh. Let me go into one yeah, okay, that one is lucid all right and regarded lucid.
Let me go on the four yeah: actually no d1 yeah, okay regarding lucid again, here's the downtrend again um. It had a massive pump um this period right here, consolidation drop and then there is this bearish triangle on the chart right over here right there, all right and all it needs to do to inflict some panic - is to just break down below that level. Again kind of like it's the same, not even the same setup as afrm, but um same trend, at least and as you can see yesterday, they both sold off and now this thing is opening lower. It could like do a little config and then immediately collapse again, like i said: if there is a sell-off with the spy today, it could help out these two plays as well all right now, this one got this one got some room at the bottom too.
It got some room, a tiny little gap right there at 27.. Would it go that low? Maybe there's a possibility that it can. The setup is clean, though so definitely wash this thing for a drop all the way down to like 33, at least at least all right. So that's my very honest opinion on these two stocks: um yeah.
Now, let's talk about you guys stocks of interest, the first one that we're gon na talk about somebody asked about crowdstrike now in regards to crowdstrike, it's very, very, very slow, um, it's not moving at all again. This is moving like etsy and i told y'all that we got rid of etsy because of you know how slow it was and how it refused to go anywhere, and you can see the downtrend in here in the volume, not a good sign. We want to see. We want to see something like i'm trying to find a region to best explain this like something like here right.
You want to see that first and then we want to see just a constant um, a steady rise over here. But if you look what's going on here first, we got the massive sell-off, the increasing volume to trigger massive sell-off, and now we just going sideways and the volume is just diminishing. I don't have any high expectations for crowdstrike. I really don't um, i'm not touching this, but not yet.
At least i will just patiently wait until i see something that i like about this stock now, the next one that we're going to address. Someone asked me to discuss mu and in regards to mu. It looks like it's about to open up higher it's up by 50 cents um. I told you all that we may consolidate some more before we move on to 97 bucks right so until the spy finishes this thing until the spies done consolidating like i see this thing just chilling over here, like under 94 dollars and then eventually rising higher towards, Like 98 bucks, so definitely um be patient with it again. If you took a trade on this after i made that first video about the stock exploded. Hopefully, you took some money off the table at 95 dollars right and then there you go because you can always get back in later and these contracts are going to get cheap. So yeah just watch this one for consolidation at first and for continuation to 98. Within the next few days, the next one that we're going to tackle that one was the stock for i believe it was sunday night, yeah, okay, we're gon na talk about video in regards to nvidia um.
It had a red day like right after i made that video um, but this is this would not surprise me like you, see it broke out, and then we might see a it's about to open at 301 and if there is a tiny sell-off it could drop. It all the way down so just retest at like 295, before it curls back around and continues for towards 340 dollars all right. So so far, that's my thoughts on the video. It's not changing at all.
It's really really not i'm still bullish on the stock over the next few weeks. All right today today may be a little shaky, but for the next few weeks i think this will be fun and the last deck that we're going to address that stock is nike. Alright and in regards to nike nike is really not going anywhere right now, um, i wouldn't i wouldn't touch it not not yet not yet. I haven't.
I haven't looked at the stock since i've made that video before over here about this graystone doji, giving y'all the warnings about this gap right here in the massive gap below right. So what is it going to do now? I have no idea like i could just do the same thing again produce these tiny little candles right just go sideways for a very long time, for this is about a week. It could do so for another another week before choosing the direction, and while it does that nobody wins like data is crushing all of the contracts. The contracts are getting cheaper.
There's no money to be made here, and it's just not worth it. So i will just patiently wait until and just trade something else that looks a lot better in 19. 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 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 also, if you're not found on social media knowledge app 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'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 sign up with all the tools you need to start trading immediately. You can also get two free stocks right after sending that with weibull using the third link in the description of the video below was killers. Gentlemen, my name is pauline guma. With analogy lab, where we trade patterns and patterns only - and i will see all of you in the next video all right enjoy you.
You were so wrong about DOCU and SQ
What’s happening to NVDIA today 😭
U should go live on twitch or YouTube every morning
Walmart and TSM please
Tesla gets rejected by major
resistance of the top of the long term uptrend channel
at $1120. This $1120 is a major resistance level and
would be extremely bullish if it can break and hold
above it. The next resistance level above that would
come in at $1150. To the downside, we will have
support at $1048-1060. A drop below that would take
us back below $1000, with support at $970.
🥳
I’m here 2nd lol
Let’s Gooooooo
Morning coffee ☕️
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