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Stocks In the Video:
SP500, NDX, VIX, CCL, META, META, DDOG, NET, KWEB
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.
[SP500, QQQ, TSLA, AAPL]
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, stock trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2020, top stocks to buy 2020, financial education, DISCORD , how to invest 2020, 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 2020, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch, stock market crash, stock market, market crash, stock market news, stock market for beginners, stock market live, stock market 2022, how to start investing in the stock market, stock crash, stock market crash 2022, stock market crash 2021, stock market investing, stocks, tesla stock, stock market bubble, stock market correction, stock news, 2022 stock market crash, stock market crash today, stock market crash coming
💎JOIN THE COMMUNITY💎▶ https://launchpass.com/patternology-lab/premium
🚨Membership includes ✔ Real Time Options Trade Alerts ✔ Crypto Trade Alerts ✔ Private Chats ✔ Daily Watchlist
🎥 New Videos are released between 6PM-10PM CT.
SUBSCRIBE & Hit that notification 🔔 FOR FUTURE UPDATES | 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!
#stocks #stockmarket #investing
🔥Patternology Lab MERCH🔥▶ https://patternologylab.creator-spring.com
💰Get 2 FREE stocks💰valued up to $1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
GETTING STARTED? Here are the steps:
1. Get a FREE stock on Robinhood for signing up: http://join.robinhood.com/ihemen
2. Open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
3. Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
✅Follow us 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: https://www.tiktok.com/ @paulngumah
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
Stocks In the Video:
SP500, NDX, VIX, CCL, META, META, DDOG, NET, KWEB
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.
[SP500, QQQ, TSLA, AAPL]
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, stock trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2020, top stocks to buy 2020, financial education, DISCORD , how to invest 2020, 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 2020, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch, stock market crash, stock market, market crash, stock market news, stock market for beginners, stock market live, stock market 2022, how to start investing in the stock market, stock crash, stock market crash 2022, stock market crash 2021, stock market investing, stocks, tesla stock, stock market bubble, stock market correction, stock news, 2022 stock market crash, stock market crash today, stock market crash coming
Everybody welcome back to the channel. In today's video, we're going to talk about the top three stocks for this week. I'm also going to explain with y'all why the market moved the way it did on Friday along with some updates on some of the sites that I've mentioned in the last video. All right, y'all let's get started right off the bat.
So we got the spy and in the last video the last video came out came out more bearish than neutral. I was more, much more bearish in that last video and for good reasons. I Told y'all that the market was chopping over here for some time and that it could continue going sideways and maybe even go lower if the unemployment data came out to be worse than expected. and fortunately for any of the Bears it turned out to be to be decent and the market reacted in a positive manner.
I'm going to explain with y'all exactly why it moved the way it did and we're going to look at we're going to look at it on a five minute chart, right? So in the morning when the data came out, they've jumped and it immediately started to open up higher. Now these little drops right here. This thing right here. these this 10 minute drop the way that I see it again.
For anybody who had puts on either on the Spy or on any stock, um, any large cap stock for that matter, the this is pretty much a second opportunity for the market too. For for Shorts to exit their position and to break even the market is not that cruel. Sometimes it provides these opportunities and there are ways to spot exactly whether it is an opportunity to get out or just a pop and fade right? So let's look at, let's look at the bits. When this thing happened when they put out that an employment data news and the market started to jump like that, the vix, the Vix took a massive hits.
All right. it was looking kind of. it was looking like this and I showed y'all in that video that it was cooking over here and I was patiently waiting to see if this thing could go all the way through and break out above 23. And unfortunately it didn't because of the positive news which I guess in the grand scheme is good for the overall.
Market Yeah, I get it before. I'm just talking for the perspective of any of people who were short buyers all right now. As you can see, the VIXX failed to get back into it. It really really struggled.
It got all the way up to that level of to that previous level of support which now became resistance and then it started fading before nine o'clock As you can see, it got really really low at nine o'clock and we're gonna go back to the Spy and with the Spy at nine o'clock that thing started to make its way around. All right and that is when I actually started getting rid of all of my foots. I'm going to do an update on that stock. Really, really quick.
But first we got to share the we're gonna talk about stuff through socks. All right. I'm gonna go back to the price, action of the spot and the and the contracts that I had all right. now. the first stock that you should be keeping in your watch list or this week that stock is Meta. All right. And the reason why I want to share Meta with y'all is because of this. If you look at it closely, there is this thing going on on here.
It's it's. very, very clean. It broke out on I believe on Monday right over here at 123 and then it's just been bright and upward ever since. All right, this is a bull flag.
Quite clean and it's not done yet. It's not done yet. And with the NASDAQ being slightly positive right now, I think that tomorrow there might be a little bit of a push. Just a little bit of a push, which will help Meta climb all the way up to at least 135 dollars tomorrow morning.
maybe even a hundred and thirty seven dollars before we see some type of pullback. All right. And looking at it on the big scale, it's been beaten up for quite some time and it's been trying to make it's. been trying to make a recovery.
The previous Gap right here already got filled. all right. There's another one all the way up here at 166. eventually eventually it's gonna get filled I Just don't know when.
All right? I don't know when metal is gonna go up to 160. eventually it will I Just don't know what. Maybe it will. Maybe it will get there after this earnings right here after this earnings report.
Maybe right? It really, it really depends. But again, ninety percent of all gaps get filled at some points in time and this one already got taken care of. So tomorrow I expect some continuation on Meta all the way up into the 135 ish. All right now the second stock, but y'all should be keeping in your watch list for this week.
Last stock is Oxy. all right now with with Oxy again I Shared this one in the past way up here at 66 I Told y'all watch it for a drop for this Gap to be filled around here and it did it. did its job already. All right and it's been Consolidated sideways and right now I think I Think that it may make its move back up because looking at it on this perspective alone, there is this level of supports.
They got a little bit below it and right now it's climbing back up all right. and if you zoom in closely on The Daily there is a Morning Star a a Candlestick pattern. This right here. The combination of these three candles is a Morning Star It happened before for Oxy right over here.
Foreign. The uptrend happened for the next like four or five days. All right. It even lasted all the way for two weeks straight.
So I wouldn't be surprised if you see something similar happen again. maybe a move all the way up. So this level of resistance right here Again, it used to be support until until the shortened opportunity right there. All right now there is a chance that it could become a new level of resistance.
So watch Oxy for a move like this all the way up to around these levels. where these dip buyers who did bought here and are now praying and hoping for the stock to go all the way back up there again so that they can get rid of their their shares or contracts. All right. So they're just patiently waiting for another chance. and I think that that chance might come next week. So watch Oxy for a move up to 67 followed by a rejection I Think it's going to reject I I Really? Really? Do? Um, but just watch it for that move. All right. There's multiple ways to play this and this is what I see for the stock.
NOW the last stock, the third stock. Hey, all of y'all should be keeping in your watch list that I'm keeping in my watch list for this weed that stock is CCL All right. and this one this one is. There's multiple ways to interpret it.
Somebody could just look at this on The Daily and say that there is an inverted Head and Shoulders on there which is a possibility. We have the less shoulder, we got the head and then we got the right shoulder. All right. The way that I see it and the way that I the reason why I'm sharing this in this video is because of this reason.
um, looking at it on the four hour I'm gonna zoom out and then Zoom back in. right here there is a falling wedge on the charts. No yeah, yeah, there's that on the charts. and again, this one broke out on Tuesday unlike Meta which broke out on Monday and it's been climbing ever since and it has room to run to the first Target of around 10 bucks.
So the first Target of 10 bucks. All right, it could go a little bit higher, but for now I'm just gonna say 10 bucks. So definitely watch this one for that move. These individuals are right there right there and they may they may want to use that opportunity to exit, so watch it for a move up there to ten dollars.
All right Now let's do an update on some of the stocks that I've mentioned last week, which will tie into what I was talking about earlier in the video with the spot giving a second chance for shorts to get out. so I had puts on Nettie which was the stock that I've shared with y'all in the last video. All right I told y'all that this one was going to drop all the way down to these regions right here and for good reasons. The structure was there.
it's very very clean right? and fortunately for for me this thing didn't Gap this thing didn't jump too much after the release of the unemployment data so as soon as it opened like the contracts were kind of attack like they didn't really move and then they started gaining value all as the stock was dropping over here and I used that opportunity again by looking at the vix right and seeing that the vix wasn't really climbing up and the VIXX was also fading. That's when I knew the strength was gonna go into the market and I used that chance to pretty much just get out at like 8 51 and again at like 908 which was right over here right in these regions. This is when I got rid of those puts because the turnaround was coming all right now. what's going to happen to Nettie next it really, it really depends. Um I shared with y'all two different Pathways with data dog which looks exactly like this one right? So again with Nettie this was a 2.6 no no, it was A from here. This was a negative negative 3.5 All right. So Congress to anybody who was able to make money on it on a day trade because addition and opportunity was right here. and the same thing applies with Datadog right and Datadog.
Also, it opened at the same price and immediately dropped. all right. So these two stocks did their thing and with the pathways that I shared, you could tell with stay the dog, pick it up. it could follow option number one, which is obviously the first one.
I Don't think that's likely because of what happened on Friday All right. I Think option number two is more likely where Datadog wastes more time. It climbs up here, slowly, climbs all the way back up to around 66, maybe 68 before we see a potential. Drop Like that's in the week that follows, not I Don't think it will be this week I think it will be in the week that follows.
All right. So that's my very honest thoughts on Diddy dog. and Nettie now the last act that I've mentioned in the last video, that one was K-w-e-b All right and K-w-e-b This one turned out it just stayed the same like it didn't really move at all. Again, the sector is still strong and my thoughts and opinions on K W E B are not changing until it gives me a reason to be like okay, this thing is not gonna make it to 38 so until then I think I think you can make its way down here.
The the ascending triangle is very, very clean and I don't have a reason to be parachuted. That's my very honest thoughts on all of these stocks. and that is the end of the video. Again, do not forget to annihilate the like button for the YouTube as always stops Channel a lot and I'll ask 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 so that way you don't miss out on future uploads. If you'd like to pop a private Discord Community where you can get all of this information in real time as I see them, you can find it as the first link in the description of the video below Kevin Adamy and social Media, you can find me at Paul and Goomba at Apparentality 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, there's a basic step-by-step directions in the description of the video below. Step one to step three.
It only takes about 10 to 15 minutes for you to have all the tools you need to start trading immediately. You can also get some free stocks after setting up with Weeble using the third link in the description of the video below. Once again, this is your lab for every trade patterns and patterns only and I will see all of you in the next video.
Mrs Freya is legit and her trading skills works like magic I keep on earning every single week with her new trading strategy
Blah blah blah what’s is the three stocks click bait
Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $250k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
I know it's possible, my sister always get 40K every week, I would appreciate if anyone could show me how to go about my trading journey, so i could do the same. Since there seems to be a lot of experts here.
"A successful man is one who can lay a firm foundation with the bricks others have thrown at him." -David Brinkley
Hey everybody buy more sh*ty stocks so you can lose more money while dems destroy the country🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
We got so many people on board the Rocket ship
Everyone invest in Faraday future NASDAQ: FFIE.
About to triple in 6 weeks!!!
Faraday Future NASDAQ: FFIE
Buying COMS all week
Coms will double your money its .065 rn i think it will be easy profit.
Tons of advices on what to do/buy but I'm only just interested In steps and tips on how to make better profit, saw an article of an investors that made $450,000 in 2months and I'd really love to know how to make such profit or is that asking too much?
Heyy Paul finally back to trading 😎 check out VZ Bullish pennet on daily chart, my contracts went up 500 percent, more room to go up
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
I doubted you at first time, but to my patients you surprised me with the FUNDS instantly… you're the real man to deal with 💯
I doubted you at first time, but to my patients you surprised me with the FUNDS instantly… you're the real man to deal with 💯
I doubted you at first time, but to my patients you surprised me with the FUNDS instantly… you're the real man to deal with 💯
Hey Paul, Thanks for all the insights. What's your thoughts on TWLO? Is it a long-term hold?
Buying Algonquin Power, Big Lots and Tesla 💵🤑🚀
How about TSLA
242nd
Hi Paul what do you think about ABBV?
So what stocks should I purchase
2nd
First