Everybody welcome back to the channel in today's video we're going to talk about some stocks that are about to make some pretty wild moves to borrow and why you should keep it on your watch list. I'm also also going to discuss what happened today with meta, especially after they reported their earnings report, and i'm also going to be answering some of you guys. Questions like we always do here on this channel now before we begin again, do not forget to annihilate the like button on your way in, and also don't forget to click on the subscribe button. Along with that notification bell that way, you don't miss out on these videos.

So let's begin right off the bat, so we got the spy right now and um so far, so far is being very, very choppy around the top. I told y'all in my last video, which was actually last night. I wanted to record a video this morning, but i ended up getting back to the office very, very late at like exactly 805, because i was stuck in traffic, but but right now this thing is actually it's not looking good. It's not looking good.

It tried really hard to get towards uh 4600. It did and it was looking kind of sus in the morning. I was looking at this thing on the on the five minute, the five minute it pushed up really really high and got really weak into the open. Since, like 7 a.m, right the trend right here kind of broke, there was a flow right there.

It started breaking really really slowly throughout, like the whole free market and as soon as the market opened, we had a chop fest, followed by a massive plunge after hours, which we would discuss later all right. Another thing that kind of like made me a little bit worried was nasdaq. Let's check out the nasdaq really quickly forward, slash and q. All right and nasdaq also reached that previous level.

A massive resistance level actually right here as y'all, can see this level at exactly 15 and like 200, as soon as it got, there started showing weakness and then today was choppy all right now, um regarded regarding this massive plunge. This was caused by facebook, which was also known as meta and meta had earnings today, earnings report again, as i always say, or not, fb there you go and aaron's report, as i always say, is 150 percent gambling all right, but shout out to those who bought Posts on there, because this thing plunged huge or those who had straddle slash, strangled um the puts are going to print the calls are going to be worthless. Where is this thing going to go? How low is this thing going to go? I don't think it's quite done yet. I believe they missed on their eps yeah.

Their aps was the thing that kind of like caused the stock to tank. As you can see, they missed by negative four percent. For that one, and in regards to like their revenue, they were only they only bid it by like 0.69, so the stock took a massive massive plunge now, on the daily time frame. You go all the way back.

There is a massive gap. Well, it's not that big, but it's still there and it's that like, where is that, is that, where is it at? Is that like 249, we go all the way back it's going to drop to around like 235 there. It is there's that gap yeah. So this is the gap that y'all should be keeping on.

Your watch list in regard is similar to what happened to paypal. The similar thing is going to happen. It's going to open at exactly the same price right now, it's like slightly above it right slightly above it. It might do a little bit of a pump fake where it jumps out here like that towards like 252, and then it's immediately going to collapse and then like just stay here for a while before experiencing a little bit of a relief rally and then getting sold Upon again right, so i this is what i see happening with facebook or it might just take out the gates and just go straight uh 233 and then, following through with this little sequence right here, all right, um big picture.

It is at a phenomenal discount. I'm pretty sure long-term investors will be all over this if they're not already buying stock. On this thing, i'm pretty sure they're very excited about this phenomenal discount, again meta facebook's, a very reputable company, the weekly it's about to get demolished. It's about to be like one long red candle right over here right there and i'm pretty sure the weeks that follow it may take a little bit of a while to recover, but eventually it will recover.

Eventually, it definitely will recover. So definitely keep facebook on your watch list for the next few days, all right now um another stock that i wanted to actually do. A follow up on was google. Google was the stock for yesterday that i talked about, and i didn't like the way it opened.

Actually, i wanted to take a day trade on there later today, but i didn't like i didn't like that, and a structure that i wanted to see later on during the day did not like appear at all for an entry intraday for the move up to 3100. So i ended up letting this one go and right now i mean it's not doing too well like on the daily chart. You can see a bright red candle. We may see something like this um another stock they've done.

This is zoom way way way back in the day. It is pretty much gon na trickle down here slowly until um, the nine sma catches up and then it's going to try to like curl around and continue upwards all right, so short term, yeah, bearish, definitely very short term but long term. I think it's going to go over here, especially after the stock split announcement that they put out. So that's my thoughts on google now, the next one that we're going to cover in today's video that one is ibm actually yeah.

So we're going to talk about ibm now. The reason why i want to share this one with y'all is because of this. If you look on the daily there is the left shoulder right here. There is massive head right here and there is a right shoulder right over here, followed by a neckline right out here, all right.

So if there is like a massive pump tomorrow, these individuals might actually like be in the way so definitely watch out for that. For a move up to like 140. um, it beat earnings last time right here. This was last week and then they held a while and started to curl around here, which is looking pretty nice all right.

And if you look at it on the like monthly or the weekly, if you look at it on the weekly there's, this giant flag, this giant bull flag on the jar which i cannot ignore right here. All right now see what i mean right. It's pretty it's! It's not it's not it's on the chart, it's right in front of you. If there is momentum with the stock and it just keeps going, i think it can go a lot higher.

The weekly is not looking too bad. It's not and um the thing about this stock is, it doesn't follow too much of the market movements. Yes, the market is the nasdaq is done by two percent and right now it's very slightly ineffective. So we'll see how this one performs all right, but definitely keep this one on your watches, especially for you, long-term investors um, i shared what was it.

I think it was honda yeah. I shared honda with y'all in the video. I think it was one of the weekend video. It showed a massive structure also like that as well on the weekly on the monthly, and it has potential, especially within the next few months, right again for the long-term investors.

So it's definitely something to like keep in mind all right now, the last stock that we're going to cover today that stock is oxy, and somebody asked me to talk about this one um regarding oxy, i see why you want me to address it. There is kind of sort of this bullish bennett on the chart right here right. It's there. It broke out yesterday and right now, it's just struggling to like keep up.

If it gets dragged down by the market, it might lose momentum and my fate it might pull one of these where it just falls back down to 37 and then like bounce again and consolidates and pretty much have to form something else right. I talked about another oil company. That's forming a similar trend, not that clean of a structure though, but a similar trend. I think it was dvn yeah, yeah, so yeah again just watch for that one, it's very choppy very, very choppy, but eventually we'll provide another opportunity.

Like that - and i do expect - i do expect oxy to make a similar move. Maybe so that's my very honest opinion on that one, and that is the end of the video again, do not forget to annihilate the like button for the youtube algorithm. As always, it helps channel a lot and allows 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.

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