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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!
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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/
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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 this Video
COF stock, DFS Stock, SP500 and Nasdaq, KWEB Stock, OXY stock, CCL Stock
How I pick Stocks: https://youtu.be/O5yWKChL44E
How To Make $500 A Day: https://youtu.be/OOSpjACXKD8
How To Trade Stocks: https://youtu.be/f5RuDrFQj0w
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. I'm going to be sharing with you the top three stocks that I'm watching for tomorrow and I'm also going to be doing an updates on some of the stocks that I've mentioned in the last video. All right. So now before I begin again, do not forget to annihilate the like button on your way in.
All right. And also don't forget to subscribe if you are new to the channel. So let's let's get right into it. Right off the bat, we have the spy and today today there was a massive sell-off which started at around like 9 30.
after this level of support broke down like this is one way of looking at it right here, where this level breaks down or another way to look at it Is this: if we go out to the 15 and we zoom out, somebody could argue that there is a left shoulder right here, a head right here, and a right shoulder which broke down at the same time and that neckline got taken out again. This is two different ways of looking at it. The outcome is still the same. Um, so what's going to happen tomorrow? Well, looking at it from the looking at it from the daily, it's not looking too great again.
Bearish. The the market right now is in various territory and I wouldn't be surprised to see a continuation lower. I Would not be surprised to see that at all. Um, also we gotta look at the base.
we gotta look at the picks and the vix went up by five percent. But the one thing that I want to highlight on here is we're gonna zoom in and this right here. The combination of these two candles. This is a bullish, engulfing candle at the lows.
Now, the previous Gap from two days ago at exactly 19 got filled before the massive push up towards 20.50 and again I think the I think the sell-off is going to continue tomorrow and if that happens, we might see the Vix go all the way up to 23.. just like we've seen it over here. Like a move like this, let me show y'all what the what the Spy like. Right now, the Spy is looking quite similar to.
it's looking quite similar to this move over here. Yeah, it's looking quite similar to this move over here. just a two to three they drop today is Wednesday. So Thursday and Friday May look like this.
like what you just saw there. so watch out for that. All right, watch out for a drop all the way down to 300 and 86. 300.
And yeah, 387 somewhere around here. All right. So that's my thoughts on the overall market. now.
the first stock. The first stuff that I'm watching for tomorrow. That stock is C-o-p No cof. Yeah cof.
Now the reason why I'm watching this one again. this one is this is Capital One for financials, a credit card company. Now looking at it again, it had a had a little sell-off today and after hours it's not looking too great and it's not looking great because another company in the same sector announced earnings and that company is Discover. Financial Services All right and Discover Financial Services Have earnings today and it's their own body. Like it's down by around five percent. Six percent. Yeah, it's down to 95 right now. Looking at it on a big perspective.
Looking at it. From this perspective. actually there is a gap at 72 which eventually I think eventually it's going to take is going to get taken care of and a massive drop that just happened would lead to let's say that it just stays at 95. it opens at 95.
We may see a little pop to 96. and then we see a massive flush all the way down to like 90.. All right, hey, drop like this petrifies all of these individuals who have been buying and buying and buying. especially if it opens lower like below this level of supports.
All right, a lot of a lot of stop losses are going to get triggered for people who like to swing trade for a very very long time who are hoping to just see this thing going up and up and all the way up to 120 the this earnings report just to ruin that for us. and since the majority of stocks in a specific sector kind of follow each other and this one is not as down compared to this compared to, uh, Discover, this one is about to open up at around like a hundred at exactly a hundred, and there could be room all the way down to 95.. So this one might seems more profitable to me for a potential day trade. To the downside: Shorts.
Alright, so that's the first one. capital of Capital One Finance shows the next one that I'm keeping on my watch list is there's a previous one that I've shared with you I've shared this one with y'all a while ago. Oxy? All right again. y'all remember Oxy I share this with y'all Twice First, what Three? Yeah, Twice before the first one for these shorts all the way down to 62 and then the next one was right here.
after the Morning Star all the way to six to seven, I told you it would go to 67. it got to 67 exactly This morning it actually touched 67. and like on this day where it got to 66.57 it actually went there and it immediately got rejected. So um, I'm expecting this one to get down even lower.
There is a gap right here to get filled at 62 and if the markets collapse again which I think it will I think we're gonna go all the way down to 62 once more. Alright, so that's my thoughts on Oxy and the the last stock that I'm watching for tomorrow. That stock is another stock that I've shared with y'all and it's CCL and I'm watching it for a short this time. All right.
In a previous video I think it was two weeks ago. it was released after this day after a after a hit um, eight dollars and seventy cents I Told you not to watch it for a long all the way up to ten dollars to this circle and it got there. They got to the circle and went a little bit higher. All right.
So congrats to anybody who were able to make some money on this one. This is the video where I tell you that I'm bearish on it. There is a Um, there is a bullish engulfing candle along the charts is quite clean. Hey, bearish, a bearish engulfing Candle on the chart. And usually what happens after this is a candle that looks like that. It opens up at this price around like 10 25 and then there's an immediate flush all the way down to like 9 50.. All right. so that's the third stop that I'm watching for tomorrow.
All right now now, let's do an updates and updates on an update on K W E B. All right now, K-w-e-b This one is looking quite tired, very exhausted. Um I I Highly doubt that it's gonna make it to 38 bucks. Like if they wanted to make it to 38 bucks then Tuesday It should have been a good day for it.
We should have seen a push all the way up. Taurus 36 50? maybe even 37. And today should have been an even better day before we got that rejection from the overall markets, right? But this jackdown right here is not. It's not looking good for the stock at all.
like it's really, really nuts. All right. So I expect for this one I expect a retest of 32. best case scenario: worst case scenario: it just goes all the way down just to take care of this Gap activity right here that it left behind All right.
So that's that's my thoughts on Kweb and that entire sector. and that's my honest opinion on all of the stocks. and that is the end of the video. Again, do not forget to annihilate.
Do you like One for the YouTube algorithm as always, helps the channel a lot and I lost 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'd like to be part of a private. Discord Community We can get all of this information in real time as I see them.
You can find that as the first link in the description of the video below. If you haven't added me in social media, you can find me at Paul and Guma and Apparentology 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 some basic step-by-step directions in the description of the video below. Step One, two, Step three it only takes about 10-15 minutes for each.
Have all the tools you need start trading immediately. You can also get some free stocks I'm standing up with Weeble using the third link in the description of the video below. foreign patterns and patterns only and I will see all of you in the next video.
Can you check out HIMS? Looks prime for short! Thanks
Good job! Good luck with the rest ☺️
Brah
Nooo wayyy, I had already got Kweb puts because it had a gap to fill 😎
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Bro