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Hey, what's going on guys, it's Ricky with Attack Mode Solutions Hope that you guys are all having an amazing Sunday Today is June 18th. uh Happy Father's Day to all the father figures out there. hope that you guys are are enjoying your day. I Do want to make sure that you are aware that tomorrow June 19th the stock market will be closed in observance to Juneteenth day.
Uh so uh, please just be aware of that. Uh, stock market will be closed. Uh, so there will not be any live trading at Market open tomorrow if you're part of the Lpp team. So that just means that we're going to be going live on Tuesday Um is the next time that the market is open.
But again, friendly reminder if you want to watch me trade live the next time the Market opens and every day after that, it's the second link in the description down below. It's our biggest discount and um, yeah, live time access to being able to at least watch these live sessions. So let me go ahead and start sharing my screen so you guys can see exactly what it is that I'm looking at. Wanted to quickly break down where the uh we see the overall Market as of right now, when looking at this on the four hour time frame, we could see that NASDAQ Again, extremely bullish.
Higher highs, higher lows. We just made new 52-week highs as NASDAQ hit highs of 372.81 We did pull back a little bit on Friday Uh, when looking at the one hour time frame. one thing that I brought up: I think it was in today's earlier video that I uploaded, but I actually filmed it on Friday is that the market retraced back to this EMA and based off of previous patterns. Again, it tends to find a support at this EMA line.
It doesn't mean that it has to, uh, break below this EMA it's just a critical level right? Based off of previous patterns, it's been validating this one hour EMA and holding above it so it tends to. But if it does break below uh, then again, the next support is going to be right around that moving average which is right around 358 and the drop is about two and a half percent if I'm not mistaken for Nasdaq which means that it would be three times that. So around you know seven percent to maybe eight percent would be the drop for Tqqs and vice versa for Sqq. That means that we have about an eight percent margin to work with if we get that confirmation.
So again, at the end of it, one of the things that we always try to not to over complicate is at the end of it, direction is key, right? so that's something that we're going to be following up with on. Tuesday once the market actually opens. I Quickly wanted to share with you where the market is currently at. So based off of Nasdaq's performance Nasdaq Futures are open right now and you can see that again.
Market got rejected right around that uh 15 300. We got rejected there and we're going back to retest our previous support range and you can see that if we break below this, it would confirm the lower high and lower low creating more selling pressure and then we can go on the 30 minute time frame. We have a nice gap down if we actually break below, but this has been a very strong support level based off of previous patterns, so we'll just have to follow up with it when it comes down to what to look forward to this upcoming week. Like we said, uh, tomorrow the stock market will be closed in observance to Juneteenth day, but on Wednesday and on Thursday This is for those that are a little bit newer that don't have the Federal Reserve.gov calendar um, in in your browser. Maybe something to take into consideration if you want to get a little bit more into this, but anytime that Jerome Powell speaks, it tends to be pretty influential. Uh, and he's going to be speaking at 10 A.M which means 30 minutes after the Market opens. Uh, in the semi-annual monetary policy report to Congress that's gonna be 10 a.m on Wednesday But also he's going to be speaking on Thursday and that's at 10 A.M as well eastern time which is again 30 minutes after the Market opens. Uh, you don't have to watch it, but if you're part of my Lpp team again, we'll leave it up to you guys.
If this video gets enough likes or the videos that we upload on Monday then we'll make it public. but if it doesn't then we'll just keep it private and it'll just be for the Lpp team. Okay, let's go ahead and just wanted to make sure that you guys were aware of what to kind of be aware of for this upcoming week, but also I wanted to break down uh, very quickly because I know you know a lot of you guys are spending time with family today so I don't want to over complicate that. So any stock that you would like me to break down and share my thoughts uh, feel free to share it in the live chat and I'd be more than happy to break it down for you and again just share my opinion on it.
Let me go ahead and you know one of the things that I do want to remind you is again just because I see Valley or don't see value in a specific stock in a way. Does that mean that you have to mold your opinion based off of that either? We all see value in different ways and I think that's one of the beautiful things about the stock market is that we can share ideas with one another and cherry pick what we value and what we've done right. So let's go ahead and get right to it. So uh, Slick Rick Pursuing the market, What's going on? Sound Central What's going on Happy Father's Day I Appreciate that.
David Thank you thank you. What's going on? Wayne Happy Father's Day Let's go ahead and break down Carvana. Yeah, Carvana has, uh, was on a recent rally, right? Let's see if it's still going to continue that. So Carvana has been struggling ever since that 2021.
Peak right? We peaked at the end or pretty much like mid 2021 to highs of 376. I Think at its peak, it had a market cap of around 30 to 40 billion dollars and went from that market cap all the way down to where it's at now with a four point seven billion dollar market cap. I Remember, at its worst it was nearly at 1 billion or it fell under 1 billion which was quite unfortunate. I Mean, even with where it's at right now, it's down 92 percent from its previous all-time highs. So although it is performing relatively pretty well, you can see its trading volume has picked up anytime. I See that I see that to be a catalyst, which it makes sense on why the the stock itself is picking up right normally in my experience and again, that's just my opinion. Normally that Catalyst doesn't last a very long period of time. So anytime that I see this form of volatility I know that there's a lot of momentum taking place into this, a lot of volatility being put into this.
Therefore, it's kind of more of a red flag that I would be okay with day trading it, but not necessarily so much holding it as it's becoming extremely overbought based off of its lower price ones, but again, to each their own. If this is something that you believe that's going to make a full recovery, then again, that's on you. Um, I Just think that it's a little bit too risky. and based off of its previous performance based off of the previous two years, it's just too risky for me to take that risk knowing its history and how bearish it's been.
So just my two cents when it comes down to Carvana. Let's go ahead and break down. Tess I Feel like that one would be quite interesting because it's coming off a really strong rally as well. Tesla's going to be a little bit different based off of its momentum I Don't know I Believe it was someone within our I know who it is.
it's within our Lpp group. We have a member called the real OG and one thing that he shares is anytime inside Executives or Executives within a company liquidate or begin to sell off some of their shares. We saw it happen with Nvidia and now we're seeing it happen with Tesla. Tesla is reaching overbought levels based off of previous patterns.
Again, I Believe the Market's overbought. You don't have to agree with me I agree that the Market's very bullish and rightfully so, it's It's trading well above the moving average, well above the EMA line and it continues to form higher highs and higher lows. And if you want to continue to hold this position all powered to you all I'm saying is based off of recent patterns and how the market is trading right now. Um, you know I I would be.
It wouldn't be out of the question in my opinion that we can Peak break below that EMA and again, we have a long way down. Right when looking at Tesla itself again as a really had a really strong history of really strong rallies. and then it crashes. really strong rallies and then it crashes really strong rallies and then it crashes for a period of time.
This to me looks very similar, but again, you can make your own decision. It has really strong rallies, becomes very overbought. it's at 85. RSI it has its Macd. very overextended, but then again, it begins to sell off. So um, you let me know what you think so that that's actually going to be a pretty good question. So Gunsmoke1219 is asking Target recovery off of the big Lgbtq situation and yeah, I don't know if you guys remember, but Target was a stock that we talked about during our previous Sunday stock talk I know with my Lpp team right there, they're my private group that I work with. Uh.
One thing that we've had a conversation with is like do we think that this is the end of Target Men in my opinion, it's not right. It's a short-lived negative Catalyst and although some people might completely never want to touch Target again and that's fine. But ultimately, we know that Target itself as a company, Uh has performed very very well. right when looking at on the weekly time frame.
I Mean yes, it did get affected based off of that negative. Catalyst But Ultimately, again, it's had its history of, you know, some some bear rallies But Ultimately, it ends up trying to recover. So I think it's going to be very exciting to see if Target can actually make a recovery. As of right now, we're still trading far below the moving average uh in the very early stages of trading above that EMA and I think that's where I'm going to be able to better decide, right? Uh, if this is something that I want to get into, maybe even for like a short-term swing trade I just don't have that confirmation yet.
It looks like it had one strong rally. My big thing that I would like to focus on is I would like to see higher lows so when pulls on back I don't care if it pulls on back as long as it doesn't go as low as it did before, right if it pulls on back makes new highs or higher lows and then it continues to try to rally to me that is at least showcasing strength of support right and ascending to support. And then at that point I can make a little bit more of an informed decision on when to get in once. I meet once the stock meets my criter and that's one thing that we always try to encourage for our beginners.
It's regardless of how I see value or others. You should have your set list of criteria that you personally agree with that until that criteria is met. Then again, you can make your more informed decision. Um, and if it's not met, then again, you shouldn't over complicate it.
So all right, let's go ahead and break down. Sound Central is asking for X P E L Here we go. Someone looking at this on the day chart again, it looks like we are approaching previous highs, right? So previous high is a very common resistance range right around 82 dollars. It sells right back off to its support, goes back to that 82 range and then sells right Back off to that support hits close to 82, sells right back off.
But it does have an ascending support here. it's just it hits this same resistance and then gets rejected. So in my opinion, this is looking a little bit more on the overbought side. Obviously, patterns tend to repeat themselves. they don't always have to. so if you set an alert and it begins to form higher highs Beyond previous resistance levels then great, So be it. But in my opinion I mean I view it to be overbought getting ready for a pullback and at that point it's you. Know it would make more sense to me that if I really wanted to get into this I would want to get in closer to its ascending support range and less of its resistance range.
But you let me know what you think. Again, that's just my two cents. We all see value in different ways. Let me know what you think about that.
So so all right, S P C E, let's go and break it down. That's a really popular one. So spce coming off of a strong rally, right, gapped, up, pulled right on back again anytime and again, this is just my two cents. Feel free to share your own opinion in the live chat or in the comment section.
but one thing that I always talk about is anytime that I see this kind of volatility. Sure, there's there's money to be made for those that are very efficient with proper entries and exits. but I just see huge red flags of risky risky, risky anytime that there's any movement like this. And I know that this is really glorified for a lot of people that like to trade their lower cap stocks, because normally you trade with a little bit less money.
So movements like this are insane and I get it percentage-wise it is absolutely insane. Maybe it's just because of the dollar amount that I trade with, but this would be just way too risky for me. and at the end of the day again, you ask yourself a very simple question: don't put yourself in a position in which you cannot tolerate, right and I know that if I'm trading with half a million dollars and this didn't work, if this thing were to drop 50, that would be very discouraging for me, right? I shouldn't put myself and I won't put myself because I know myself enough that that risk is just too high. If you're someone that wants to expose yourself to that kind of risk, then that's on you.
but at least for myself. If I was a beginner and I I wish I could kind of like look back and give myself some tips I Would definitely try to avoid these these kind of riskier plays the Make It or Break It type of place because again, it's not just these home run plays that should be hit maybe once in a while, but at the end of it we're trying to be consistent with what we're doing right. And if you continue to expose yourself to this kind of risk, then it's only a matter of time for you to give back everything it is that you've gained. Especially if again, you're you're lacking those like little principles as you're just getting started.
but again, you let me know what you think When it comes down to the all right, what's gonna stay green? What's up, What's up man? Phillies yeah, those Brothers what you're gonna make I appreciate that brother, right? So please review? Ask Tqq? Yeah so we just talked about it a little bit earlier and again, how many have I gone through already? So one, two, three, four, five, six. Okay, so I'll try to go through the other ones in the next six minutes. but we did go through SQ very quickly because I talked about NASDAQ and I talked about on the one hour time frame that if we do break below the EMA on NASDAQ then again, the potential for this thing to Gap up based off previous sizes anywhere from eight to nine percent. But again, we I have no confirmation of QQQ breaking below. Uh, that one hour, that one hour support and the Market's been so incredibly bullish. So I'm going to get more weight that the NASDAQ Market remains bullish versus it doesn't And until we get that confirmation, it's probably not in my best interest to over complicated and get ahead of myself because at the end of it, right, the trend is your friend. and if the Market's been extremely bullish then I would rather be more careful jumping in being short than jumping and being long, right? So especially with this type of consistency. So just know that if you are part of Lpp, this will be something that I'm going to be paying attention to during our live session.
But if we don't get confirmation then ultimately it doesn't make sense for me. To you know, enter a position for Skpq if we have no confirmation above that. EMA So let's just it's something to follow up with and something that I will keep you guys up to date on what I end up doing right. If you want to remain bullish, if you want to remain short, that's on you, right? But I'll make sure that I keep you up to date on what I choose to do.
So let's go ahead and do K R E again. If you want me to break it down your top stock, just drop a thumbs up and share it in the live chat. So on that day chart, yeah, big gap down. it looks like it did.
dredge rally gapped up recently. a lot of consolidation. Looks like we're testing our potential support at this: EMA Just watch for the potential breakup support because if we break below this, EMA most likely headed right back down here. on the one hour time frame, it looks like we're still holding above the CMA and that's kind of what I mean by us holding above this moving average.
Uh, on the one hour time frame. But if we break below this, then again, the risk of this thing dropping once again is pretty high. especially knowing its history of this descending lower high and lower low. Uh, so just again, something to be cautious about.
not always thinking that market Direction always has to go in your favor, but being kind of like your own Devil's Advocate In the sense that you know our job is not to avoid risk, our job is simply to manage it. so make sure it's just something you take into consideration. One that I wanted to follow up with as well was AI I Know AI was a really popular, kind of hyped up stock. You guys let me know what you think about this. I think AI The stock itself is I mean just looking at how it rallies, when volume is high and then how it crashes when it Peaks right? So I Feel like again, my job here on YouTube is not just to talk about all of the good that the stock market offers, but also all of the risk and the bad right? And it's not that risk is bad, it's just like kind of like bringing you back to Earth and giving making sure that you like, don't get too excited thinking that this thing will never pull on back. and again, if you think that this thing's going to go to 50 uh to 100 or 200 um, these just are not stocks that I trade myself. They're just too risky right? Uh. and and I truly believe again to each their own.
But I feel like I would always also be doing you guys a disservice if I didn't bring awareness to the risk involved right? You can easily see the volume, the volume from its normal volume when it's selling off to its hyped up volume when there's a lot of momentum and a lot of volatility, right? Extremely high volume and just like it's previous times, right, it rallies and then it corrects itself. It rallies and then it corrects itself. It rallies, and then it corrects itself. and every single time that it corrects itself, it looks like it tries to find and support right back at that 20 range.
so again just bringing awareness that very overbought based off of recent patterns, a lot of volatility which to me raises a red flag and that every time that it does rally and it's passed before it tends to correct itself. So again, just something to take into consideration. Uh, if you want to continue to hold this, then again, if you're an adult, you can do whatever it is that you want to do. But again, please please please just be aware of its history and the risk that you are exposing yourself to when it comes down to taking advantage of super risky and over hyped up plays.
let's go ahead and do one more. So we're going to do ticker symbol Tu. All right, let's do another one after this Again, if you want me to break down your stock, just share it in the live chat. So a very common support range here.
Uh, right on 1850. Very common resistance. right into this kind of what I call a horizontal pattern. Uh, resistance right around 21.
Um, I Can see that it's uh, the candles themselves are pretty broken. which means very low volume. I Personally would not trade something like this. It just doesn't meet my criteria.
But again, just because I wouldn't trade, it doesn't mean that you can't. Um, it looks like it does have a history of being very bullish before, but as of recently, right, ever since the peak of 2000 and really, the hype of 2021 to early 2022, it's been selling off and forming lower highs and lower lows. Again, patterns tend to repeat themselves. They don't always have to. It's very easy to see the low points and the high points and it looks like until it really breaks. Above This I wouldn't this wouldn't be a position that I would personally want to hold for a long period of time. So again, support here Right around 1850. Resistance here right around Uh 2082.
You let me know what you think about this for the overall lows and the overall highs. I Would just be very cautious when when choosing to trade something with when it's trading below a moving average and it's coming from all-time highs in early 2022, right? All right, let's go ahead and do one last one: is it going to be snow And the snowflake was a pretty popular one, but then again, also a very similar setup. Uh, peaking at highs of 400 and now trading at 184. A lot of consolidation down here in the very early stages of maybe a potential reversal, but you could see here I have my alert here to see if it actually begins to break above its previous resistance.
It used to be an old support here, but now it's its new resistance range right around 207 210, right? 210 resistance. And if it doesn't break above this, then again, it just continues to consolidate, at least for the past year, continues to consolidate within the same support of its lows of 117 to its highs of around 200. So again, something that I would have to follow up with. But Until It Breaks above that range.
Then again, it doesn't really have a very clear Direction it's just kind of consolidating down here into consolidation. doesn't mean confirmation consolidation just means that again, it's struggling to identify its direction and just as much as you think it could go up, it could definitely go down as well. But again, just wanted to make sure that you guys were aware that Jerome Powell does speak both on Wednesday and on Thursday And if you're part of the Lpp team, we will be covering it during our live session if we don't end up going public. Um, on YouTube right? Other than that, that's really just it.
Again, just make sure that you pay attention to overall Nasdaq futures. It looks like we're finding the support at the pretty much at that same previous support range right around. uh, Fifteen thousand, Two hundred. So I'll keep you guys up to date again.
And the last thing is I Do want to remind you that tomorrow in observance the 15th day the stock market is closed seven I Really do appreciate that time. Hope and wish you guys an amazing Sunday and Happy Father's Day to all the fathers and father figures out there hope and wish you guys an amazing one. but again, uh if you want to watch me trade live as soon as Tuesday when the stock market is open uh, we are running a cell right now you can call it a Father's Day So it's the second link in the description down below to one time payment lifetime access and you will be able to get to watch me trade live every single day. So if you want to see what it's like to watch Mature Live before you end up joining our team, then just shoot me a direct message either via Discord or via Instagram. Ask me for one of our live sessions if you've never seen me trade live I'll send it on over to you just so you can get a taste and if you like what you see then again I would be happy to have you as a part of the team and also for you to take advantage of our biggest discount which is 175 off and again that's that second link in the description down below. Appreciate your time like always. Let's make sure that wait in the year I'm agree, no take it easy team.
"Promo SM"
Nice video
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Looking for XOS Ev Large Trucks to Join the Surge in the Ev Sector This Week. Production / Delivery Growth Planned for 2nd half 2023. New Products HDXT and MDXT models.
Trading is mental game, that is why most people lose money because they cannot control their emotions. Because the prevalent idea of our culture is to effortless indulge and focus on their own pleasure and wellbeing, but controlling your emotions is unpleasant and painful and that is why most traders lose money because they don't want to meet the pain. That is why there is so many drugs, alcohol, obese and fat people, broken marriages and adultery.
STNE looking good
Alibaba next bull run
bless you! it seems you are about to sneeze lol
Happy Fathers to you too, and thanks for all these updates. Much appreciated ๐๐๐ ๐๐๐
keepshorting for monday, suppose to continue downward
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Stretched, going back to mean.
See you on Tuesday man! Happy Fatherโs Day. Go LPP.
Click baiting attracts amateurs only.
๐๐ป
Happy Father's Day to you as well๐
ty woody <3