Everybody welcome back to the channel. My name is pauline guma, founder of pedanology lab in today's video. I'm going to be sharing with you all the top two stocks that y'all should be keeping in your watches for today friday, and i'm also going to be answering some of you guys questions for those of y'all who dropped your stocks of interest. In a comment section of last night's video right after the intro all right, everybody right off the bat um, the spy is trying to make a move right.

Now, it's not taking off of that level. It's not breaking that previous level that i talked about in yesterday's video as y'all can see right here. Buyers are trying to hold this one up and the reverse head and shoulders is looking pretty good right now. I cannot ignore that.

Keep that in mind again for those of y'all who are super bearish again. I did not see this yesterday. I thought i really thought this thing was gon na break lower, but right now it's not looking good in the favor of these shorts, so be very, very, very careful out there if you're shooting any large cap stock in the market. Just be very careful if that neckline doesn't break then you're good to short, but if it does break then watch watch out.

That's really all i can say about the market right now, but the top two stocks y'all should be keeping in your watches. The very first one that we're gon na discuss is costco and the reason why i want y'all to keep costco in your watch list. It's been taken for a very, very long time and they had um. Yesterday they announced news about raising their hourly minimum wage to 16, which seems like good news.

If you take a look at the daily chart, the stock tanked for so long right, it's uh it tanked off of this uh head and shoulders right here right. It was kind of clean kind of not um i've seen better than this, but this one is still valid and they can it just kept tanking and tanking and right now it's just it's just too overbought and it's at a good price. It's at 22 from the highs so keep this one on your watches. It is a growth stock.

Let's look at it on the monthly, as you can see, long-term investors love this thing right. Every time it drops, or it looks like it wants to drop short sellers get caught in here and then the rebalance ferociously every time it drops again short sellers get caught over here and goes up again all right, and i think the same trend might happen again. I think short sellers are gon na get caught again right over here, as you can see on the daily time frame, all right and also it's about to open at um, 3. 35.

So best case scenario: we see a bullish harami today, all the way up to 338 and then and then we might see the momentum not only in costco but in all, like retail um in all large cap retail stocks like costco and walmart. We might see that shifts change and we might see some bullish action going into earnings all right. So keep that one on your watch this for sure the next one that y'all should be keeping in your watch list. For today, that stock is fastly all right and fastly has been demolished.

We've traded fastly multiple times in the past, vastly have done wonders from for us right over here after this bullish, harami, which i literally just told you that i'm anticipating in costco right, it did wonders for us all right. This thing did wonders and the price target that i had for it was 120, it got to 120 and it immediately just faded. It immediately faded, it got crushed and it had multiple exhaustion gap over here and over here again and honestly, like this thing has been taken for a while watch this one for a rebound. It dropped by like 30 over 30 within the last three weeks.

All right worst case scenario: we see a double bottom to like 68, which will be a phenomenal dip, just observe how it behaves over here. All right worst case scenario: it dips right in here before we see a rebound, but if you take a look at the stock, it's been crushed for a while. So i want to keep. I want you to put this one on your radar.

That way. Y'All pay very close attention to the to the potential recovery over here right, the potential recovery, all the way back up towards 92 dollars within the next few weeks, keep this one on your watch list along with costco. Now, let's talk about you guys, stocks of interest. You all have you always have some amazing questions in the comments section below so the very first one that we're going to address that stock is square.

All right and square square has been on the dip again um when the market drops. Like i always say when the market drops everything tanks all right, um it failed to get to 300. It tried it really really tried to get there and then the market just collapsed and right now it's about to open, slightly lower right. Let's change the time to frame to the five um.

Keep this one on your watch list for a potential double bottom at 220.. It might it might get there again do not do not chase this one. The direction is not very clear at the moment. It's really really not the one hour looks fantastic all right for a potential move up to 234.

It really does now that i see it. It might be a falling wedge on here. Keep that one on your watch list. Okay, for this thing right here, right that thing right there, it might be a falling wedge on this thing.

Keep it on your watch list be very patient with it be very, very patient with it. Okay, don't rush into this best case scenario: it makes a move over here and then collapses over the weekend. All right best case scenario, or i mean now that we know just anticipate that um. Another good scenario is that it goes up over here and it opens up higher over the weekend and then it pushes up along with the whole market.

So just keep that in mind as you're trading this one. I just realized that one just realized that falling much um now the next one. That y'all should be that we're going to address in this video somebody asked about plug and plug right now. Stock stocks looks like they want to make it move up like stock, they do they want, they want to run, they want to run, they are forming a double bottom.

I think money will flood into the market today. I think they have been beaten down for a while yeah um short sellers, don't get too greedy, don't get too greedy. I mean i'm sure y'all would love to see this thing at 35 dollars just to make sure that the double bottom is there and it's solidified right. I'm sure you would love to, but i would say be careful to all the short sellers out there.

All right watch this thing for a reversal: okay watch it for a reversal. Stocks are looking kind of bullish right now, the next one that we're going to address in this video that stock is somebody asked about open and open. Let me see this thing on a daily open had actually a nice gradual growth over here all right, the stock. The stock is up turning right now, um every time it goes up, it has its full back, but the average is going upwards just make it lower highs.

So keep this one on your watches, for a for a continuation back up again it has earnings, it has earnings on the fourth, you don't know how i feel about earnings. I don't like holding anything through earnings, so manage your risk before and but after after it's fine we'll see exactly what happens after. If it drops great, then we can scoop it up at the bottom again you're like near 27 or near 26, for the recovery back up again if it drops after earnings but as of right now just be careful with this one for day traders, long-term investors - i Mean if you love this company and you and you value this company for like the next four or five years, you should be buying every time it goes below that line like anywhere in here. This is where you dollar cost average right as it continues to follow that trend, as it continues to follow that trend, because it's just zigzagging over here all right.

So that is just an idea of how to approach this. For all of you, long-term investors out there um now the last stock that we're going to talk about in this video. That stock is gme all right and gme had its moment um. Yesterday um, i warned you guys in that video um the gme and amc video.

I told y'all put yourself in the shoes of the people up here, all right put yourself in their shoes. If you had another chance to get out, if you were a bag holder and take a slightly smaller loss than you would, if, like it, stayed over here forever, and then you cut losses over here. If you had a chance to get out, i'm pretty sure a lot of you would, and that is exactly what happened, but right now right now, where is it gon na go? Honestly, honestly, i don't know i don't have high expectations on this thing again, i'm sure a lot of short sellers who got in here are hoping for the thing to take down. If it consolidates just know that that is the short seller's worst nightmare.

If it consolidates, you don't want to be short in this thing, i wouldn't want to be shown in this thing. Alright so best case scenario for all the shorts is that all of these games that was made throughout the past two days immediately diminish and goes all the way down to 67. best case scenario. But if they go sideways be very, very, very careful and don't get into heavy shorted gamestop.

That is my very honest opinion about this one, and that is the end of the video again do not forget to destroy the like button for the youtube vlog with them. As always, it helps the channel grow faster and it 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 these pre-market analysis, videos which are released from monday to friday at exactly 8 15 a.m.

Central time, 15 minutes before the market opens any post market analysis, videos which are released every single day in the afternoon. If you're, not following us on social media, you can find me at paul and guma at paternologylab, on instagram and on twitter. And lastly, if all of this is new to you and would like to get started in the market, i left some step-by-step directions in the description of the video below step, one through step. Three, it only takes about 15 minutes or less for you to get signed up with all the tools you need to start trading immediately.

You can also get through two free stocks. After sending up with weevil you'll see my very first link in the description below once again, ladies and gentlemen, my name is paul and guma, with pet analogy lab, where we trade patterns and patterns only - and i will see all of you in the next video - be Very, very careful out there, especially short sellers, especially short sellers, enjoy the outro. You.