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[SP500, QQQ, TSLA, AAPL]

Everybody welcome back to the channel in today's video. I'm going to be sharing with you all the top three stocks to keep in your watch. This for today and for tomorrow. All right.

I'm also going to be um, doing an update on some of the stocks that I've mentioned in the past. All right. so let's dive right into it. right off the bat.

we got the spy and it's currently 750. the market bounced a little bit. Um I got I got I'm a little worried right now because what I said on Friday didn't completely occur and this is what I mean on Friday I made a video and I released it and I told you guys that I was expecting despite it gets into the red box in the morning by 10 o'clock and I was expecting a big move to the upside at like 9 45, maybe 10 a.m All right, the move to the upside happened. It wasn't the most drastic thing that I was, it wasn't as drastic as I was expecting.

it wasn't that massive. All right, even the draw was it huge. They didn't go deep enough, right? and that didn't That wasn't very convincing for me to even um to take a day trade in the middle of the day because it was just looking sauce and the price action wasn't that great. Also, that daily candle was kind of small.

Now the main question remains: are we going to dip back down here? and if so, when the wind is very, very complicated? Um, I'm not sure exactly when it's going to get there. Maybe it could get there today. Maybe it could get there on Tuesday before we really bounce right? So just stay cautious. Be very, very cautious today.

Like as long as it's below this channel right here. like we could see a little pop in the morning all the way up to like noon and then check out how it behaves at that line. Like, be very patient and watch closely how it behaves at the line right here. We might test it today or remind Chop again like yesterday and test it tomorrow right here, right there.

All right. until that breaks I Wouldn't be so sure that the trend is completely reversing to the balls and all of the shorts will be covering completely like I can't I Can't know. with absolute certainty. All right.

and right now. like looking at this specifically right here. Brazil Man, like there is a left shoulder, there is a head. and then there is a right shoulder.

The right shoulder started at one eight like at 2 am right? and it's forming right now. Like usually like Ideally what happens is that they can either test the neckline or go straight up and it looks like it wants to test the neckline. And the neckline is right here. so at the open.

Could that be like a little like a flash crash, like a little, um, sell-off into 438 points eights with the Spy I would not be surprised, right? So in the morning, like right now, just watch for that right here. Something simple. watch to see how it behaves. It could be a nice day trading opportunity up here, right? and that could happen even by the close.

Now that I'm looking at it like it could happen, it could take a sweet time all day to get there and then once it's up there I Know it might be very, very tempting to go long for Tuesday but be very cautious Again, like it could go right and it could break overnight again and go up to Uh 44, not to 446. it could, All right, but I just don't know for sure. and I can't tell you that in this video I could tell you what I can expect this morning right now like within the next few hours which is what I just drew. All right.
So again, um, day trading is preferred. Uh for today. Now the first stock that you should be keeping in your watch list. the stock is Tesla All right and with Tesla with Tesla I have mentioned it before I told you guys that the supports was all the way down to 210.

All right. I gave you all this nice structure, explained to y'all why it had more room to drop on Thursday I think it was yeah I think it was here I think it was here. Um, it went down to 225 and then immediately bounced to 232 and then dropped again and that level could hold I Showed you guys the day trade that we took on Thursday the following day for the like for the drop all the way down to 219 and then it opened lower again on Friday at 2 14 and the low update was 212. I think again if if the spiral rejects the bottom of the channel between Monday and Tuesday I think we go back down to like right here.

All right, it's a very. It's a very tricky spot. um if anybody gambled right here and bought calls like it should be up. but just know, don't be too greedy and like if you see bunny take money, that's what I always say in the Discord if you see money take money all right.

whether it's um 20, 40, 70, 100 um if you see money, you take money so watch. Watch out for that. um eventually it's going to climb I Just think that I gotta hit 210. Uh first before we really see a huge surge in volume.

Now the next stock that we're going to talk about in today's video. last thought is uh Bank of America now Bank of America At this point we took a day trade on it in July This one was phenomenal. Um I Gave this one to everybody in the discords when it was at 21 breaking out along with Goldman Sachs This thing broke out and went all the way up to 33 the first targets um and then pulled back throughout the whole month of August and now it showed a bearish uh, a devil structure for a swing trade shorts all the way down to 29 Again, is it time for this thing to climb back up? I'm not too sure if it's going to happen today, all right, but I do know that it has a lot of room. It has a lot of room to go back to 21.

I Just don't know which day exactly is going to do that today. I Think it's gonna be a chop I Think it's not going to go like today I Don't think it's gonna go above 29.50 I Think he's gonna chill here for today. Maybe tomorrow, maybe a little bit of Wednesday morning before we see this thing climbing out and going back up to 31 dollars. All right.
So keep keep the banks in your watch list for tomorrow. Now the last like that we're going to talk about is Zuma All right and resume. Uh We've Zoom this one right here. it has earnings coming up.

It has earnings on the it has earnings this afternoon actually. so let's look at the weekly. as you can see on the weekly it went, the stock went all the way up from 500 all the way down to like to 67. One of these earnings is gonna make the stock pop even higher like it could be this one.

It's been a while since. um, it had a a massive 15 to 20 percent jump through earnings like it's been a very, very long time. Let me change it to the Daily Uh yeah, it's been. It's been a while since it had one of these, but obviously in the opposite direction.

So I think Zoom is definitely something to watch. There is that bullish engulfing candle on a daily chart which is kind of enticing. I Like the way the volume is increasing. so um, the earnings report might be good.

What we're looking for is for a jump all the way up to 70 or higher. All right. And then if there is a structure, pre-market or structure intraday, it could be good for a day trade. So that's that's the watch list to keep.

That's the stuff to keep in your watches for today. And that is the end of the video. Again, to have Early Access to these videos when I release them 15 to 20 minutes before the Market opens subscribe and definitely click on the join button and click on morning videos right? Don't forget to Let's subscribe. Um, if you like to be part of a private Discord Community We can get all of the trades that I take in real time as I see them.

along with the reason why I take the trades to begin with. you can find that as the first link in the description of the video below. If you haven't followed me as social media yet, you can find me at Paul and Goomba and at Paranology Lab. All right.

once again, my name is Paul Guma The technology lab where we trade patterns and patterns only and I will see all of you in the next video.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “Top 3 stocks to buy right now! 8/21/2023”
  1. Avataaar/Circle Created with python_avatars tammy clelland says:

    Not understanding the release time of your recent videos.

  2. Avataaar/Circle Created with python_avatars Mangled Mango says:

    ZM baby

  3. Avataaar/Circle Created with python_avatars Jeannie D says:

    So glad you are back! You have been missed!🙏🙏🙏🧞‍♀️

  4. Avataaar/Circle Created with python_avatars SlingShot says:

    You keep releasing it late.

  5. Avataaar/Circle Created with python_avatars byron rad says:

    I think you are releasing at 9 PM instead of 9 AM.

  6. Avataaar/Circle Created with python_avatars eddie ramirez says:

    Hey Ngumah, cover (W) in the morning video:) I'd like an update on your opinion

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