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1.✅Free Trading Group: http://bit.ly/techbudsfbgroup
2. 📈A-Z Beginner Day Trading Course: https://learnplanprofit.net/
3. 👕New Apparel Line: https://shoptechbuds.com/
📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
✅Surprise You Found $40 Off The LPP Course: http://bit.ly/40offLPP
Hey, what's going on team, it's ricky with tackle solutions, hope that you guys are all having an amazing sunday, so welcome to our sunday stock talk. We host one of these every single sunday, normally at 6, 30 p.m. Mountain standard time today we're going live at 5. 00, 13 p.m.
Mountain standard time. So i don't want to take too much of your guys's time. Uh we're just gon na be breaking down a couple. Different stocks, uh that our group, members, uh or just subscribers are, are really just gon na be asking us to break down.
All i ask you to do is if you guys would like me to break down your top stock, that you share it in the ticker call-out format. One of the things that i do i want to, let you guys know is - i got this screenshot from earning whispers on instagram. This upcoming week is a huge week for earnings uh. These are a list of the main companies that are reporting earnings this week and just a little heads up.
Tesla is one of those stocks. After market hours, that's going to be reporting earnings, but we have everything from tesla uh. We have everything from amd, which is super popular stock, shopify, spotify, apple, facebook. You know nioh right.
These are all stocks or companies that i'm sure a lot of you guys have been paying attention to. So this is one of my favorite times out of each quarter. Right to kind of follow up with the stocks that you see the most value in and to see how they either have a positive or negative influence uh due to their earnings reports. So again, if you guys would like us to break down your top stock, all i ask you to do is to post it in the ticker call out format and i'd be more than happy to break it down for you.
So let's go ahead and get right to it. So uh, let's see so we have a couple people sharing different stocks but they're, not necessarily in the ticker call-out format. Here we go all righty, so we got people asking about mara. So i'll give you guys some time to post it in the ticker call-out format, but uh mara was a stock that has been presented to us for the past two weeks.
One of the things that we love to talk about are stocks that you might see value in, that might not just be the best buy right now. One of them must say one of the mistakes that i make pretty often is how many times have you guys ever done this when something is selling off, and you find it to be a good deal based off of previous support levels, but it just continues and Continues to sell off right mara has been pulling on back. It's not indicating any signs of an uptrend just yet, and it is officially still trading below the sma line, which is the simple moving average, the more patient you are and the more it sells off. The larger margin you could potentially build for yourself based off of previous resistance levels.
I see why people are paying attention to it, but just like a lot of you guys know when something offers a greater form of reward uh, it tends to come at a greater form of risk. So just make sure you take that into consideration, i'm going to keep this one, pretty simple uh and i'm going to post and set alert on both sides. A lot of you guys know that tos has been kind of lacking when it comes down to the alerts. So just make sure you take that into consideration um all right, let's see so uh, i'm guessing you're too cool to ask about dogecoin. No, not at all. I just don't personally trade crypto uh myself, that's just um! You know the way. It's not it's not the way that i personally like to um. You know, invest my money.
If i can say it that way, i've been seeing a lot of people, not only that are part of tech, but solutions, but even people that i know that have partaken. In that action - and i'm always here to encourage you guys - you know to pursue whatever market it is that you see value and at the end of the day, i know, there's so many different ways on how to make money in all these various markets. All i ever want to encourage you to do and i know it gets annoying, but i hope that you guys know i always like to encourage people to lock in profits, especially when we're showing signs of overbought levels uh. But that's just you know the way that i approach things.
So let's go ahead and move on to the next one. So this is pltr so pltr. But i appreciate you asking about dogecoin uh, so pltr has been getting rejected non-stop at the sma line, as you guys could see ever since it has fallen below right. What used to act as a support level is now acting as a resistance level.
You can see that almost every single time that um pltr would pull on back. It would find a support level here, but since the market kind of began to pull back so did pltr and it's been struggling to recover um from that point moving forward. So it has earnings on the fourth of may, so just make sure you take that into consideration um and as of right now i mean based off of right. That's all.
I could go off of based off of previous resistance levels being at the estimate line. Uh, would i be this to be the best deal? No, not necessarily, but it's still trading above the ema line, it's still bullish. It just tends to get rejected at the sma line, so i would just be careful and such alert right for the break below the ema. If you see that breaking pattern, then maybe you can follow up with it and make a little bit more of an informed decision there.
I also have my alert already set for the break above 24.. We've talked about pltr before uh, so if it breaks above 24 and it begins to indicate signs of mental trend, i'd love to invest into it, but once it begins to indicate more consistent signs of an overall uptrend. So, let's see all right all right, so we got f c e, l, f, c e l. Here we go all right.
On the 180 day chart we hit highs of 29.60, it's been pulling on back ever since then. As of right now, um, you know there's no right or wrong when it comes down to this uh. What we always just like to talk about is direction is super important. It's not that it's impossible to make money off of something. That's selling off it's just a little bit more difficult when that direction is not in your favor and i'm sure you guys have experienced this first hand uh, but it's been making lower highs and lower lows and it just recently pushed on up and yeah it's above Ema, but it has a tendency to push up, hit a resistance and then make you know: let's push up hit a resistance and then make new lows, push up, hit a resistance, and then it tends to make you knows. Obviously, patterns tend to repeat themselves. They don't always have to. I see why you're paying attention to it fcel.
I was a very popular kind of like hyped up stock once it hit highs of 29. So i see why you're paying attention to it based off of the profit potential. I just want to make sure that you take into consideration that it has a lot to prove before you know it even begins to indicate signs of an uptrend. So i appreciate you asking about it, though, so we got lando hernandez with wba.
I appreciate you going out of your way and posting it in the ticker call out format, so very consistent, uptrend pattern here, so we can see that it's been making higher highs and higher lows above sma, so we just recently pulled on back from highs of 57. I know that this one will most likely meet a lot of your guys's criterias, because it tends to find a support level at the sma line and then makes new highs pulls on back, finds a support level makes nice pulls on back, find the support level. Make sure so again with the idea that patterns center repeat themselves, they of course, don't always have to just make sure you take that into consideration that there's two sides to every opportunity and risk management needs to be something that you take into consideration uh. This thing offers nearly seven percent nearly eight percent uh potential for a recovery.
So it's not crazy margins, but it's definitely. You know something that i can see why it might be added to your watch list, set effective alert and you can follow up with it when it makes the most sense, but again as of right now, it's still getting rejected by the ema line, so just make Sure you take that into consideration and i'm going to set my alert for the break above ema. Let's go ahead and move on to the next one, so we got snap how you doing so snap here it goes so uh earnings, uh kind of just made. It consolidate so not much going on there.
I think it had oh seven percent day on friday, uh looks like its previous resistance level was around sixty five dollars. Previous support level was right around fifty four dollars, uh a lot of consolidation uh. This is up to you guys, i'm just sharing my two cents. Uh snapchat had a tendency of being bullish right, but for the past two and a half months, it's kind of just had a very common resistance level at 65 and a very common support level right around 50 to 55.. So it's not necessarily making higher highs or higher lows anymore. It's kind of just consolidating again there's nothing wrong with that. Just as long as you take that into consideration based off of where, right now to previous highs, five percent versus its downside a little bit over 20. So because of that the risk reward isn't necessarily worth it for myself, which is why i wouldn't view it.
A top stock to buy, but i see why you're paying attention to it. It just came off of earnings into bma. It's looking like it can continue to rally so we'll just have to follow up with it since uh from that point moving forward, let's go ahead and all right. So that's a good question.
So how much do you have to put in line in order to be able to make three to four hundred dollars per day? Uh? One of the things that you have to understand is when it comes down to profit that you make in the market um. It is all based off of percentage return right, so, if you put in a thousand dollars it would only have to move one percent right uh for you to be able to make those like uh ten dollars right, uh versus uh. If you were to have ten thousand dollars, if you make that one percent, obviously the the whole idea of what i'm trying to share with you, is that yeah, it's all a case by case you don't even have to make money right um! You could end up losing money. This is something that you experience a lot uh when you're just getting started uh with the idea that you know as a beginner.
In my eyes, your focus should be to learn, which is why i've made so many videos talking about paper trading, simulation trading, focus on risk management, focus on learning, how to trade first and then focus later on. You know trading to make money. We had we had this like idea that we shared with our learn plan profit group and it's instead of obsessing as you're getting started and trying to make the most money right now that you really focus on the learning aspects, instead of buying 100 shares or whatever. How many shares you can buy, you buy one share and it was called the one share test buy where you simply invest or take or buy one share to test things out, which will really allow you to focus on what's important right, because when you buy one Share you're not focused on trying to make the most money off of that.
One share you're focused on proper entry, proper exit and proper stop loss if it needs to go to that place, but at the end of the day it is all based off of percentage growth. So if you have a thousand dollars ten thousand dollars, you know twenty thousand dollars, then you can kind of try to determine uh what you are aiming for per day and then you can kind of adjust based off of that. But my biggest just the thing that i need you guys to know, especially if you're just getting started is you need to learn how to trade first before anything, right, uh and there's a big learning curve. The stock market is not easy uh, but it's the challenging things in life that tend to follow with the greatest fulfillment, which is why i think so many people um, you know if they do get to that point. Uh feel so much more grateful for you know what it is that they have in life or what they've been able to achieve so uh. So i just want to make sure that you understand that it's definitely not easy. It takes a lot of time to learn the ins and the outs. You make a lot of mistakes along the way, and i just think one of the best things that i can share with.
You is be eager to make those mistakes but make those mistakes in a position in which you can succeed right and i think, either buying. One share at a time or paper trading is a great alternative versus going all in right away. But again it's up to you right. We're never here to tell you what to do so: let's go ahead and uh break down sq.
So, what's going on christian, so we got ticker symbol sq, so this is square uh hi overall high is around 280. A share is recently pulling on back, so i definitely see why you're paying attention to it. It looks like the sma line. Uh is acting as a potential support level, has upcoming earnings, so just make sure you take that into consideration on the 6th of may so take that into consideration right so from where we're at right now to previous resistance levels offers about 15.
So i definitely see why you're paying attention to it uh we have no indication of a reversal just yet, but again, that's the beautiful thing about being able to set proper alerts and being able to follow up with it when it makes the most sense. So, let's set those effective alerts and follow up with it, but i appreciate you asking me about sq: it's one that i definitely have been paying attention to uh quite some time, so manage losses, don't be afraid to cut losses. Quick, there's, always opportunity. Yeah! That's a great piece of advice and stephen, i'm sure that you can agree and a lot of people that are probably watching right now, um.
I think that you will learn as time goes on, that you know you literally have nothing but time to make money in the market right if this is actually a market, if you're like gon na be questioning like is a stock market, something that i want to Pursue or you know, do i even want to invest the time i feel like you're already putting yourself in a position to to fail uh when the market's already so difficult to you know be successful in uh. With that being said, if you're someone, that's eager to learn from your mistakes, make simple progress over time. I'm excited to follow up with your progress and to see how you not only i would say, develop as a trader and as an investor, but as an individual in which you can take the concepts that you learned from the stock market and you can implement it. In other areas, a lot of you guys, i feel, follow me not just because i trade in the stock market right, but because i invest in real estate right or i flip houses. Or you know i love cars right and instead of buying cars and just taking a huge loss on them uh, you know we own a couple dealerships right: i'm the investor uh and a couple of a couple, different car dealerships, uh and it's just really cool to Be able to take a big passion of yours and to be able to create it uh and formulate it into a business. So i think that's the thing that i'm most excited about for you guys, so we got ticker symbol. V, u z! I alrighty! I like this one, so i appreciate you sharing this one with me. It looks like on the 180 day, chart hit overall highs of 32 recently pulled on back, has up-and-coming earnings right.
This is on the 10th, so just make sure you take that into consideration, but it looks like it's trying to find a support level, just like it's done before so sold off, broke above ema and then it rallied once again. So once we get more indication of an uptrend, then you know it can look like a little bit more of a more certain play, but i definitely see why you're paying attention to it offers a little bit over 40 margin just again take into consideration that the Greater reward that it offers probably the greater form of risk that it comes with as well, so just make sure you take that into consideration um, but yeah. This one has to be one of my favorites that has been requested uh throughout this live stream. So far, so let's go ahead and break down three more and i will end it there.
I don't want to take too much of your guys's time and i'm sure you guys are just eager uh to get back to whatever it is that you guys were doing so so any advice on gaining confidence as a beginner. I finished the beginner learning phase, but i'm unconfident to become experienced. So i think, there's a very like i think powerful quote that i once heard uh and it's that things don't become less challenging or less scary. You just become more comfortable, being scared, um and i think a lot of it has to do with tolerance.
So i think you need to take into consideration - and this is with a lot of things, not just the stock market right, but it's the way that i've developed my skills. You know, i would say, even with youtube for an example with real estate with buying and selling cars um. You know in the very beginning, you're kind of trying to like understand the structure and the end and the out of what it is that you are doing and over time you will develop your own series of processes or whatever the case might be, that work for You - and this is one of the things that i've always tried to share on my youtube channel - is that there's so many different ways on how to be successful in different markets, and you don't just have to follow one person right. I've always loved to share the idea that my style of trading is not. I've never said that it's the best way or the only way or the highway. Nothing like that right. I always love encouraging you guys to watch other people on youtube. My only goal for each and every single one of you is to surround yourself and work with people that empower you and make you the best version of yourself that make you feel the best version of yourself, because i think, when you put yourself in that mindset And in that position to succeed, you are more likely and more willing to not give up um, and you know i i think at the end of the day, if you enjoy what it is that you do every single day, then that has to be.
You know a big accomplishment, so confidence definitely comes with time um. So you just got to make sure that you put in putting the time in the areas in which that you see value. I know the stock market's not for everyone, so don't try. You should never be convinced to do something when it already has a difficult enough learning curve.
Do you get what i mean? So i hope that can resonate well with some of you. Let's go ahead and move on to the next one, so this is jake s n b r. So i appreciate that s n b r here we go uh very consistent. Uptrend pattern.
Uh hit overall highs at 150. 144 has been pulling on back ever since it uh reported earnings already, which acted as a negative catalyst. People love to ask me ricky. Why do you like trading after earnings? This is one of the reasons right because there can be a sudden drop.
This is one example, netflix is another example. I think we talked about this last week where netflix reported earnings, it's sold off and it provides a dip buy opportunity for those who see value in it. It's definitely not for everyone, and i'm not here to say that if you know you need to invest after earnings, that's not the case. It's just i like to explain why not i never like to tell people what to do.
I like to explain why i do things and again i make a lot of mistakes. Uh, so just make sure you take that into consideration uh, but i'm gon na set alerts on both sides. I think that you did a great job, identifying a stock that has recently pulled on back, so it provides a decent deal, but the direction is not in our favor right. It's still pulling on back.
It's still getting rejected by the ema line and again friendly reminder. The more patient that you stay as something sells off the more margin you can build for yourself for a potential recovery. So just try to look at it with a positive outlook on why you should be eager to you know, wait for confirmation, so let's go ahead and move on to. Let's do two more so pton.
I'm actually super happy that you brought up pt1 pton is one stock that this is just my opinion, one stock that i'm eager to wait for after earnings and see where it goes from there. It's at a previous support level at 100, a share based off previous resistance levels. That's 120! That's 20 margin. I have found that to be attractive enough right but, like we know, earnings especially more now than ever before, can be crazy, it's very unpredictable, so it can continue to drop or it can push up and i miss my dip buy opportunity. But again i know this is not for everyone, but i know that i would rather be safe than sorry so because of that, i'm just going to wait until it reports earnings see where it sat from there and if i could get in at a better deal. Then i'll just buy a couple of shares that i wouldn't mind holding for a longer period of time. So yes, it's at a support level. Yes, if it begins to indicate signs of reversal based off previous resistance levels, that's around 120, which is 20 margins, but i would personally i'm eager to wait until after earnings.
So let me know what you guys think about that, so we got michael with ttcf alrighty. So ttcf hit overall highs of around 26 has been selling off ever since you guys know that direction is super important to me as of right now, direction has been very bearish for ttcf, so it's been selling off more than it's been pushing up and it's been Making lower highs and lower lows, it just recently broke above ema, and it has a nice rally going on, but it normally doesn't hold up here for a long period of time before it continues to sell off. So because of that, the direction's, not in my favor and because of that it just doesn't meet my criteria, which is why i wouldn't put money into it: uh, that's just again, my two cents, so all righty appreciate that all right, let's move on to the next One all right g pro: let's go ahead and break that one down. Okay, i actually really like this one, so, first off again earnings a really big thing: earnings is on the 6th of may recently pulled on back from overall highs of 13.83.
So it's consolidating right around 11. It's not really indicating signs of an uptrend just yet so i have my alert set here, but just like we know what goes up can potentially go down again. So, let's just make sure that we understand that and from where we're at as of right now, if it were to make a recovery to nearly 14 24, so i definitely see why you're paying attention to it. I just don't uh have that confirmation of that reversal.
Just yet so, let's do uh one more and then we'll go from there uh. Let's do two more x and ulta. So so we got ticker symbol. X uh looks like it finally found a support level at sma line looks like it's trying to push up uh right now, right around twenty four dollars, which it's been rejected at twenty four dollars before, but earnings earnings is going to be the biggest factor.
It's on the 30th of april so make sure you take that into consideration so just four more days right, so that might be thursday uh on when it reports, earnings and just based off of previous. You know, patterns and track record. It could definitely act as a negative catalyst, so overall big picture just make sure you take that into consideration and stay prepared uh. The last one is going to be ulta, so ulta a very popular brand, very consistent, very bullish, and this is one thing that i think not enough people, especially traders. I feel like more investors talk about this, but definitely not traders. Ulta is not something that offers crazy margin, it's not something that offers uh enormous return or anything of that right. It's a very consistent stock. It's been bullish for the past 180 days and um at the end of the day, if you're someone, that's just getting started, forget about ulta ulta is just an example of a very bullish stock right, very consistent, very reliable.
At the end of the day, if you're someone that's just getting started and you're struggling and you're getting discouraged because you're trading all these pump and dumps momentum stocks penny stocks right, i don't trade any of those, but i know that when someone is just getting started, That's normally the first route that they kind of, like lean into i'm, not saying that. There's anything wrong with that. I'm just saying that they tend to come at a greater form of risk, greater opportunity, but greater form of risk with a stock that shows characteristics of something that's consistent, bullish. You know a little bit more reliable of a solid company.
It tends to be easier to learn from it and it's a very simple question that you can ask yourself: you're right, you're not going to make a killing on this. But are you trading with right now what you could be trading with or investing with five years from now? No, not necessarily right you're trading with a dollar amount that a beginner is most likely triggering with right and because of that, why not focus on learning now and focus on making money later. So if you can focus on building a good track record confidence experience - and you do it in a way where you put yourself in a position to succeed with solid companies and it's not that every trade and every investment is going to go according to plan mistakes, Will happen it's the stock market right, but at least it moves slow enough that you can manage and tolerate those mistakes, and i think that's the biggest thing. So we still have a lot of people.
I'm actually really surprised. We still have a lot of people asking for different stocks to be broken down. One of the things that i do want to ask you is if i did not get to your stock, your your top stock. I see a lot of you guys already have it in the ticker call out format.
All i would ask you to do is to make sure you head on over uh. Well, first off, i guess you have to be part of our free facebook group, so we have our free facebook. If you guys can refresh your screen. It's the first link in the description you don't have to join, but if you would like to, we have 311 000 members, once you get accepted to our free discord, chat right. This will send you on over to our discord, chat and, if you're part of learn plan profit. Then you can post your alert here in the group alerts, but if you're part of tackle solutions, then you can post it in the watch list and i would love to break it down for you. So if you guys would like me to break down your stock, just make sure you copy and paste it here and you tag me so uh. That would be pretty simple, but again i don't want to take too much of you guys time.
I wish you guys nothing, but an amazing start to this week and um. If you guys want to tune on in to my live trading session tomorrow, you guys can click the second link in the description and you will be able to see me. Trade live tomorrow at market open uh, but until then you guys can feel free to message me on instagram, just a little heads up. I i've said this before, but uh there's so many fake accounts on instagram and on facebook and on youtube as well of people at like that they have my same name.
They have my same cover picture, but they do not have the verified check mark um. They ask you for to message them on whatsapp. I need you to know that i do not have a whatsapp. I do not do anything for anybody.
I never ask you for personal information. I never ask you for money, i never i don't trade crypto right um. Please please please understand that if you ever get a message from me and you never message me, it's probably a fake account, so i wish you guys nothing, but the best continue working hard continue following dreams. Let your passion be addressed in your success.
I hope that we earned your thumbs up and that you can consider subscribing and i'm eager for the people that are part of lpp, we'll see you tomorrow at market open for our live training session. Until then, like always, let's make sure that we in the.
🤭 Yall forgot about mvis. I do recall telling you guys when it was at 11$ that its gonna be worth more than 25$. KEEP MISSING OUT ON THAT STOCK
Actually invest in both stock and cryptocurrency market what's so far cryptocurrency has given me the financial stability I needed
We have similar stories, I have a used car dealership myself, have skateboarded since I was like 12, did tile work through college, and have got into the market within the last year in a half. You’re the first person that skated that I’ve seen successful in the market lol. Most of my (old) friends are living a mediocre life and content with being stagnant. I almost got caught in that as well and settling. Glad I didn’t. Recently heard about your story and that you did tile work, which is also something I did while I was going to university here. It’s funny, my parents have some real estate in the Gilbert area, and I did a skateboard comp there in Phoenix like 5 years ago. Small world!
Thanks Ricky. Always appreciate your approach!
Love yours and KillerStockCall's honesty, its like dude c'mon not going to work out. Just call it like it is, no sugar coating, thank you both.
Economic recession in 2032, the world must prepare for that
He’s like I don’t want to take too much of your time but really it’s the other way around hahaha
Ricky can I borrow 7 million to invest in stocks ? Thanks in advance
Nice video!! Very engaging from beginning to end. Nevertheless,businesses and investment are the easiest way to make money irrespective of which party makes it to the oval office
All of previous comments are just that….comments. l've taken the LPP courses a couple of years ago and I thoroughly practice Ricky's technical analysis. If the below comments make sense….great. If not, keep taking his courses until the TA starts to make sense then also practice paper trading as he always recomends. Good luck all.
VUZI: 4 hour had it's first HH on Wednesday at $23 and then made it's first HL on Thursday at 21.39. A nice cup and handle could potentially form with continuation above 23. Stop loss set at a break just below 22.08 to keep a minimum risk entry. PTON: no reason to get excited until 105.08 is broken. GPRO: made first HH in a while at 11.32 then went into an hourly equilibrium. A safe bull entry would be now for the break again above 11.32 with a potential run up to the $13s. The stop would definitely be just under the 10.78 since there is high probability of continued bear action. X: wait for a retest bounce in the 32.88 to 33.10 range for a bounce off the 12-ema. Look for a break above 24 with continuation to the $27s. A safe min risk stop loss set at just under loss of hourly 22.06.
Stocks discussed for traders:
1.MARA
2. PLTR
3. FCEL
4. WBA
5. SNAP
6. SQ
7. VUZI
8. SNBR
9. NFLX
10. PTON
11. TTCF
12. GPRO
13. X
14. ULTA
Uptrending on 180d 4hr chart, above 180D SMA
1. WBA (Above 180D SMA but short term shows a downtrend from previous highs)
2. SNAP
3. SQ
4. GPRO
5. X
6. ULTA
Selling off:
1.MARA
2. FCEL
3. PLTR
4. SNBR
5. NFLX
6. TTCF
Consolidating/sideways:
1. VUZI
2. PTON
Overall a lot of big companies posting earnings this week so it should be quite an interesting week for traders! Proper risk management and position sizing is key! Stay safe!
PLTR: i liked that last week SPY was a good indicator for a strong correlation. SPY bullish for the day so was PLTR and same for the bear direction. When this happens I like to use the SPY on the 5 minute on an oversold play to make an entry on another stock I'm interested in. For PLTR, really the 4 hour bearish trend changed bullish back on Wednesday with the break above 22.55. Friday PLTR tested the previous Thursday's high of day with looks to be a double top. Couple of options here imho, at the open 1 could take an entry with the break above friday's high or you could wait to make a play with a 5 min pull back and get in on the 1 hour resistance of the 12 ema with a safe stop loss at just under 22.51 which would be the loss of the precious 4 hour higher low. That's a 3.8% loss risk to a potential 11.5% (26.20) gain risk (at that point the hourly rsi would be in the 70 – 79 range so an anticipated rejection would not be surprising) or an exit at the loss of the hourly trend.
Love watching you. The stock tips are great but you also drop life/mindset wisdom. Thanks for the vids.
Ricky, thanks for letting us sit at your desk with you and understand how you approach the market. This last year was somewhat of a gold rush for me finally managing my own investments and doing well. I could have made triple but happy to be in the green.
Hopefully some will find this useful: ticker MARA: Since April 12 the 4 hour has been consistently making Lower Highs (LH) and Lower Lows with great visual rejections of the 12 ema. There's nothing to get excited about unless even the 1 hr starts to make high highs which wouldn't happen unless 35.73 breaks. At this kind of setup you zoom out and look at the 12 hour for clarity. With a bottom bounce of 27.09 the fib retracement has seen a 68% bounce. More likely result is a rejection of the 12-ema on the 12-hour, then bulls would be on the lookout for a 4 hour higher low to then see a breakout of the newest established lower high and continuation of a break above 35.73. At this point a conservative bull would make a entry for a swing trade. An agressive bull could take an entry now and set a controlled stop loss at just under the 26.09 range but that is really too much risk for the reward at this point. Patience on this one for 1 to 3 days for more clarity.
This helps people out so much thank Ricky you have no idea how much your helping people keep up the good work bro💪🏻
I love how realistic you are. Thank you for being my role model.
Investing in cryptocurrency is one of the best chance of making money 💸
Mara, Shopify, Chevron, Netflix and Qualcomm baby. Big moves up.
In a short period of time People will definitely be kicking themselves in regret for missing the opportunity to buy and invest in cryptocurrency
MARA turns over it's entire float about every 4 days based on it's shares outstanding and average volume. That's too volatile for any of the usual moving average support indicators to make sense.
I feel there are more to this mar ket than we know. Ask for a proper g'uidance before i'nvesting in this pretty much c'omplicated mar ket. I've m'ade over 38 b tc from an allocation of 7 b tc over the last 8 months u'sing M'ary G'arrison help things might get w'orse so just make the s'marter move. Her what's..app(..+…1…3…6…1…5…0…2…0…5…3…3..)
Phew, it'll be interesting to see where high growth goes this week! And Coinbase!!