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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, #Stockmarket , safe stocks to buy now, 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 #Investing 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.
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💰Get 2 FREE stocks💰 one valued from $8-$1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
🔷Open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
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Top Stocks to watch are analyzed extensively. PSYCHOLOGY and ANALYSIS are also included as always.
💎 Post-market Analysis Videos are released 6PM-10PM CT every day.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 FOR DAILY UPLOADS | 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
Chapters:
0:00 Intro and Topics
00:30 NDX and SP500
1:45 MSFT
3:10 AMC
5:00 ATER short squeeze
7:40 TWTR
9:00 TSLA
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, #Stockmarket , safe stocks to buy now, 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 #Investing 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 i'm going to be sharing with you on the top two stocks that all of you should be keeping in your watch list for tomorrow. I'm also going to be answering some of you guys. Questions like we always do here on this channel now before we begin, 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 right so so, let's begin right off the bat we got.
The spy and the spy is actually bouncing off of that 44 hundred dollar level, which, which is a good thing. I'm not gon na complain. It's a good thing. It's a good thing.
In the last video i did tell y'all that i wanted to see. I wanted to see a little bit of a dip, or i thought there would be a little bit of a dip before we bounce because of the nasdaq right. I wanted to see some type of a move like this just to like just to hit that level of support for a better entry, especially for the dead buyers out there before we see a reversal. But that didn't quite happen and the way just all markets are looking right now: they're, looking pretty bullish, so just watch out for for a bullish move for more money to flood into the markets tomorrow.
Now, what's going to happen next week that that will be determined on another video, but the first stock that y'all should be keeping on your watch list for tomorrow. That stock is microsoft, all right, first and foremost, microsoft got demolished for the past throughout the past two weeks. Is that a good point right now um? Is that a really really good level there was a little bit of? There was some structure on the 15.. If you look at the 15, i was looking for this thing to actually let me see here: no, it's not that one! Let me just click on here, so there was the structure on the chart right, so i was just seeing if this thing could just consolidate all the way through before making this decision, whether to be bullish or to the bearish side.
I broke out to the bullish side, which, which is a good sign. I think microsoft is going to have a pretty solid day tomorrow. Watch microsoft for a move to for a move to 295 tomorrow before there may be some turbulence, all right, yeah definitely watch it for that move, it may stall a little bit before trying to move up, but eventually it's gon na have to test this level eventually. Eventually, and plus it's microsoft's, a very reputable company, so keep that one on your watch list now, the second one, the second stock that y'all should be keeping on your watches for tomorrow is actually amc.
It's amc and this one this one got demolished for quite some time. If you look over here, it had a massive spot, all the way up to like 35 dollars, and then there was a fade all the way back down to 18. and right now, um there was a there was a bullish planet intraday right over here, and we Actually took a day trade on there, as you can see right over. Let me change that.
Let me change that. There you go okay, as y'all can see right over here as soon as it broke out. We bought calls on there with the price target of 19 and it went all the way up towards like it was playing games at first and then it eventually started going. It started going and moved all the way up to 18 and 50 cents where we took some money off the table, but i still got. I still got calls in there. I still got some real locals, i'm just curious to see if that would actually go all the way up to 19, which i have seen it do if um i've seen stocks, especially with this pattern, specifically just move up not fully, but only like partially and then The next morning, it just spikes out the gates, it intact, that level before probably fading right, so watch it for that move and it should move to 19 dollars, maybe even 1950 before it starts to slow down. So that's the second stock that y'all should be keeping in your watches. Now, let's talk about some of you guys, stocks of interest.
That's all. I saw some of y'all talking about ater all right now. Let's address it now with this one right here: the daily chart is the most interesting part intraday, it looks pretty choppy, it looks pretty nasty, it had a massive move today and there was some profit taken along the way. Now this thing actually like dips kind of weekly into the into power hour, but should you be worried if you have it, i would say if you are sure you should be worried because, like look at what's going on at the bottom over here, if you look At what happened between um between october all the way down to april, nobody was interested in here.
There's there's not a lot of people interested in the stock. The volume is picking back up right. It started on that day on uh on april 4th, and it's at the level of these of of this previous rally over here. Okay, now it doesn't necessarily mean that the rally will happen for sure, like with 100 certainty.
But i wouldn't be sure at these levels, because individuals who are probably showed in over here are seeing this and psychologically they're, probably freaking out and they're covering right and when short sellers are discovering. We see prices of assets move higher all right now. The first level that y'all should be watching for ater is where these individuals are right at those weights at ten dollars right here now, when is it going to get there? I don't know i don't know when exactly it could be on monday. It couldn't be on tuesday.
It could be two weeks from now right, so i hope y'all got if you got ater. I hope you got some time on the contracts. That way you have some. Some wiggle room and uh, and you can hold this thing for a little bit longer if it starts this chop all right and also it has earnings over here now, their last earnings was not too long ago.
So i so i think they're gon na, like i think they're gon na announce their earnings to be somewhere over here, probably like in the beginning of june, maybe late june. But this is not something to be worried about, but yeah, that's that's my honest thoughts on ater for the person who have been asking about this thing. Yeah. I do think it's going to run and the first level to watch is 10 all right now. The next one that we're going to talk about in today's video stock is that stock is tesla. Now, in the last video i told y'all to watch actually, no, let's, let's, let's look at twitter. Let's look at twitter yeah! Now, with twitter, i told y'all to watch this thing for a drop all the way down to 40 dollars and it didn't quite it didn't quite drop. He didn't number one.
The market was bullish and number two like. If you look on here, there's a massive influx of volume, all of the short sales who have been over here, what they wanted to see was this nothing less than just one massive red bar, followed by another one, followed by fade, followed by you know, just like Literally, the complete opposite of what that is right, so as soon as they broke through 45 dollars, they were all out. All short sellers were out so now what? What is this thing going to do? Next? I think it's just going to consolidate some more eventually. If there is a dip like if we experience some turbulence like if, if microsoft goes up to 295 dollars and the market starts moving and also also we see, we see amd, do a retest of this level.
I've talked about amd yesterday right if you see a retest of this level, and then we see a rejection that could crush the buyers, then we will see twitter follow through and close that gap. That's why next week is a little bit more uh, it looks. It looks suspicious, it really really does so be very very careful again, i told y'all in the last video take advantage of day trading opportunities. We definitely did especially with tesla, especially with amc and tesla like if we check out if we check out tesla right and if you look at what happened today.
So this is tesla and it started breaking out at exactly like 10 o'clock. You see the ascending triangle right here and then we got it with calls. I got it a little bit late. I don't know, i don't know why i did that now, but it was a little bit late.
Even though i sold on time, some people were able to get it like exactly at that time, but i got it a little bit late and it was right over yeah yeah. It was after that initial run. It started to consolidate, and then i got in at like 100 and at one thousand and like nine for the move up to 1016 yeah. Eventually it got to like 10 25, but it didn't matter.
We didn't really miss out on anything because amc also paid so either way, whoever held or whoever sold them replaced it with the mc like they got paid. So that's pretty much. That's pretty much the day, trades that we took today, and that is the end of the video again do not forget to annihilate the like button for the youtube algorithm, as always helps channel a lot and a lot more people to get this knowledge as well. Also, if you are new to the channel - and you haven't done so already - 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 like to be part of a private discord community, you can find that as the first link in the description of the video below, if you haven't added me on social media. Yet you can find me at paul and goomba, and i've had a knowledge 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 once again, ladies and gentlemen, my name is paula guma for pedanology lab, where we trade patterns patterns only - and i will see all of you in the next video you.
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