Foreign. Welcome back to Small Cap. Recap: it's been a couple weeks. My apologies.

We've had some upgrades to the studio here. got some lighting, um, some really nice lighting set up and I know we got a lot of other cool features coming out that you're going to see in some future videos, but hopefully the lighting should be looking fantastic right now. Um guys, not a whole lot to talk about. Honestly, for 12 For Better or Worse um hasn't been a whole lot I Feel like that's been missed in the last couple weeks, but we do have a couple movers I'm going to talk about them, especially ones that kind of happened last week.

what's today? Wednesday today's this week's looking kind of slow. uh on? Fort well again for better or worse. giving me a little bit of a break here. Uh, got a nice little end of the week last week, then really kind of foot off the gas a little bit this week.

Here where you know the top percent gainers are pretty consistently under 100. There's a couple of them up today up like 30, 40, 50. but for me that's the number one thing I'm looking for, uh, to see kind of how hot the market is. Are we getting a lot of follow through throughout the end of the day? This morning we had a stock or two that was up 80 or 90 percent.

They've since fallen down. Um, so just so far today and like I said this week, not seeing a ton of momentum, but we are going to get into the charts here so that you can kind of see what. I'm looking at things I've traded and just again what? I'm looking at. kind of moving forward here, which as of now not too much, but again some good structures setting up as always uh and stocks I want to watch now I'd say one of the hottest Runners of the last couple of days was OMH as an IPO relatively recent IPO uh, in the past, probably 20 days or so here.

So OMH just out of nowhere got this run up. Uh, this volume. it runs from five up to basically 40 bucks. Uh, after actually I just realized something.

Hold on, let's let's do this. There we go. Um, OMH ran from like five bucks up to nearly 40 after hours on air. Almost no volume, just straight halts up and you know from there it just kind of dumped down.

uh, pretty minimal volume and just kind of formed a base at like 10 bucks. Um, very similar. You know that's one difference we see with a lot of these IPOs that just kind of drain out is that they tend to drain back to or even below um, the previous lows which again was like five dollars here on this one five six bucks. this dipped down to like 10 and kind of just held it ever since then.

Uh, and ultimately I ended up running once again. I actually did trade a little bit right here on the 17 dollar break. got that? Breakout But the real big move happened the following day when it dumped from breakout levels pre-market down to twelve dollars intraday, then runs up to 57 and the following day subsequently drained from 37, completely liquidated back down to five. That was the kind of dump I'm talking about that I Feel like we normally have seen on these IPO movers.

Uh, you know if they turn into those day ones that kind of ran from like that five to forty? Generally we tend to see this the next day that just complete liquidation? Um, and so that's a good mental note for me to remember in the future when we see some really low volume. Runners How are they not even holding up? But are they not draining out like this? OMH liquidation that we saw the following day. Are they holding up a little better? Is there a potential run I think that was a big key in OMH I did get a little a couple scalps on this. made a couple thousand bucks scalping from like 23 up to 30.

uh on this 31 and I did not take anything else after that just wasn't really wasn't really trusting it. Um, but again, good mover. a lot of opportunity there. still did, uh, have some good good trades on it and was able to take little parts of that move.

and that's you know. a big theme that I've been trying to really, uh, accept Within Myself I'm gonna go back to me real quick is you don't always need to capture the bottom to top or top to bottom if you're short. and you know deep down we all know this. Every one of us knows it and it's like, all right, obviously I'm not going to buy the bottom, not going to sell the top, but there's still the part of you that that sees the move continuing to run after.

and I've gotten a lot better with watching these trades run without me. Um, but on ones like OMH where they you know can run extremely far and then inversely dump extremely far after, it makes you a lot better. In my mind, it makes a lot better to recognize that the spread can get really wide. these can really dump, take the easiest trades, and move on.

and so like I said, that's really what I've been trying to work on in my trading is just accepting that. understanding that. however, unfortunately I did miss big Miss on AI uh the stock I I've told you I've been hyper bullish on this for quite some time and I fortunately don't think it's done setting up or anything but I missed the first leg of what I wanted and we saw this this move up from 16 back up to 20. very slow and steady walk and I just lost tab on it.

Wanted a slightly bigger dip? maybe? um, partially because I had price alerts set down under 18. and I was hoping we got a dip under 18 and we just never did. And of course we just had this monsters breakout day here. Um, basically from 20 up to 24.

now we're back and we're hanging over 25. I Still think this turns into a massive squeezer I think this is our next sector once again is AI Don't get me wrong, I think we probably struggle if it is going to push up in the 29 to 30 level. probably struggle there and end up getting hopefully a dip to end up getting in on this. Um, because it's going to need to form a better risk level at the end of the day.

Right now our our risk level really is like 16 17 bucks, maybe 18. but I want something maybe in the 20s at this point where we can form a better, a better trade. but for now I'm going to let it hopefully run into resistance and form that next level. It's kind of like a head and shoulders pattern forming here, so ideally we have more time on this.

I'm in no rush. We've got that shoulder head and potential shoulder coming here. Uh, into this area. so let it create some resistance, let it create a new structure and get a new risk level.

That's how I'm going to personally wait for it. don't want to be chasing it without a better wrist level in play? Um, but you know, with that being said, I think it's obviously important to keep an eye on all the AI sympathy stocks. Uh, in the past, they have moved slightly differently than the actual AI stock. When AI is strong, it seems like those sympathy plays aren't doing a whole lot.

and almost when AI gets a little bit weaker after the run is when we see those sympathy. The sympathies like Bfrg, Cxa I um, maybe Prst, Uh, maybe G-e-t-y Uh, so you went Bbai those kind of Runners those kinds of Runners are the ones we see when AI kind of gets a little bit weaker again. So I'd like to see a dip and then see if we're getting that same perk up in the Cxis. the Bfrgs.

Um, by the way, those are my two favorite current sympathy plays. Uh, the ones I've gotten I kept on I actually have a starter uh position started on Cxai for a swing for when ideally AI takes a little bit of a dip because this has been a really nice covery recovery so far. Uh, Zila Zela actually is probably the best looking chart of today in particular. Day two mover here bouncing off of V-wop almost perfectly.

So this is a reverse split stock. Yesterday I did a reverse split and dipped well. Actually, it did a reverse split the day before. Um, and then it ends up getting this run.

It dips down a little bit from like two well, three bucks down to 266, then ultimately running up to nearly eight. Now here we are today, holding over previous day's highs, consolidating right near yesterday's highs. uh, which you know it's setting up what could be a really monstrous big run here, so definitely worth keeping an eye on. I'll be keeping an eye on it after this today, but just given the lack of momentum in the market Imp which I've got on farther over here.

um, or Impmp sorry not Impp. Imp is still as you see today's biggest Runner and it's up 80, not the greatest in terms of follow-through That does impact how I'm going to trade stocks such as Zela just because I want there to be overall follow-through in the market. Uh, Smfl is another one of today's top percent gainers was, um, you know, ran up from gapped up basically from the 230s hit a high of five. so it was up a little bit over 100 percent and it's highest today.

But again, that follow through slash lack thereof is what's kind of keeping me away from a lot of these stocks. I Would want to see this holding up a little bit more like Zela I'd want to see a couple other stocks holding up like Zela on their day one, uh, to get that follow through momentum over Vibe but it is what it is Uh, zero was another trade of mine from last week, so I actually swung this I got in in the 620s on this day here and that was mainly because we had a multi-day breakout forming a multi-day bounce breakout. Uh, with the 650 660, High consolidation down near five and a perk up on pretty low volume and so when we actually broke out of that level I was like, okay, well this stock here I'll show you the daily chart quick was in need of a Bounce It was kind of along the lines of what was bouncing during when the China sector was getting hot which I'm not even gonna talk about really too much because I know you all saw that sector uh, two weeks ago. But yeah, so we just kind of had this really drained out chart without a bounce yet.

And so we started getting action here. and these two days on the May 5th and May 10th, Um, I did swing that position overnight just because it closed over the breakout level and I ended up selling into where was it? let's get off of a daily View I ended up selling into the 11 push when it ended up halting up. that was one of the longer halts I had been in that was like a 40 minute Halt and it halted on no volume. This is like where is this thing gonna open up and I just ended up selling all of it in that 11 push and it ended up just completely draining.

uh, back down to basically lows and has done nothing since. which is just a sentiment to the overall or a testament to the overall Market sentiment right now where we're just not getting much follow through. Um, and you know why I don't want to be overly exposed, overly involved when I don't need to be? Um, honestly. but I am PP I Nmp is today's hottest Runner decent follow through there.

That actually gives me a little better outlook on Zela seeing where that's running to even just now since I've uh, since I had it opened earlier. Um, really nice folder. on this up 80 percent. The problem is structure wise.

There's really only a couple decent entries. We had one right here in the 190s and then another here in the 220s. At this point, it's going to need some better consolidation for me to want to take an entry on it, but still going to be keeping an eye on it. Um, I just again, not I Mean it's a 90 mil float.

You can tell by the way it's moving right. it's just been when a stock has it moved up. One two, three, four fives, eight, nine, ten, eleven, twelve, thirteen, fourteen. like in 16 Candles Now 16 minutes 16 Candles It's It's not that this has gone parabolic, it's just that it's had 16 minutes of upward action where only two candles were red and even those ones were slight red.

So it's I don't really personally like those just because I'm I'm now gonna have to sit in that just walking up little by little by little. And as we've already kind of seen on it, the down moves can be pretty drastic. The down moves are a bit more drastic. One minute candles where you know this ran or fell from 230 down to 205 basically in a minute.

Whereas all these all of these other candles here have been moving like five cents per minute, the downward candles are showing a lot of downward range, the red candles showing a lot of downward range. Green candles are showing minimal range I Don't like to be sucking those personally, but part of that is just because it's a higher float. But that is a good overall outlook on you know, some momentum going into today, so if that continues to stay strong, continues to squeeze people out, that or yeah like that, that's the kind of stock there where even though it's a little bit of a higher float, it still could very easily squeeze people because it is just walk up. So if we get some really good continued squeeze on this I think Zela would be a great a great stock to keep an eye on throughout the rest of the day.

But overall, like I said, my main sector watch, uh, going into next coming weeks is really just going to be Ai Ai is pushing strong I Think it's probably best that we do get some consolidation. this is probably a couple weeks out. Um, I'm not saying this is probably a tomorrow thing, but you know the way that AI is looking like it's probably going to move into the 28 to 30 resistance in the next couple of days. or even if it fails here, slightly below that? 28 to 30 would be even better because I can ideally get a better average wouldn't need as big of a dip.

Could keep the risk level maybe a little bit tighter. so we got a lot of options, but that is going to be my main focus. Keeping an eye on AI and seeing how the AI sympathies moved last time is going to be a similar expectation of how they might move this time again. kind of after AI makes its move and after it kind of starts falling down a little bit.

seems like the money trickles from there into this, uh, the small cap sympathies. So anyways, guys, thank you so much for joining me this. Wednesday I Hope you are all having a great week! I Hope you all missed me a little bit over the last two times I Wasn't here. my apologies once again, but like I said, we're doing some really nice work here.

Um, it's going to be used quite often, so don't worry, we will be back. Uh, just pardon the intermissions in the meantime. But what you should not pardon in the meantime is that thought to hit the like button. Hit the Subscribe button and make sure you comment down below.

Don't forget to do that for the next two weeks. Do that right here right now while you're here and watching while I reminded you what is your main watch uh slash main sector watch coming up here. Let me know down in the comments below. Thank you guys! Happy Hump Day Happy! Wednesday Hope you have a great wife happy Wednesday Happy Hump Day Happy everything! Hope you guys are having a great rest of your week middle of the week and I'll see you back here next week later Everybody I Hope you guys enjoyed this video and thank you so much for being a part of the stocks to trade family.

We just hit 100 000 subscribers, but our goal by the end of this year is to get 150 000 new family members a part of our channel. So if you haven't already, be sure to hit that like button comment down below. hit the Subscribe button and maybe even turn on your post notifications. We cannot do this without your guys support so thank you so much.

And if you want to see more of what we're doing again, hit that subscribe button, Hit that like button and comment down below. We'll see you in the next video.