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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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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.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #stock , safe stocks to buy now, trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to #invest 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 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
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Top Stocks to watch are analyzed extensively. PSYCHOLOGY and ANALYSIS are also included as always.
💎 Pre-market Analysis Videos are released at 08:20AM CT from Monday to Friday.
💎 Post-market Analysis Videos are released 6PM-10PM CT every day.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 FOR DAILY UPLOADS | 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!
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: CHGG GOOGL CVS N V A X
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.
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, #stock , safe stocks to buy now, trading strategies, robinhood investing 2022, #trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to #invest 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 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
Everybody welcome back to the channel in today's video i'm going to be sharing with you all some stocks that you should definitely keep on your radar for this week. I'm also going to be answering some of you guys. Questions like we always do here on this channel. For those of y'all who drop the stacks of interest in the comment section of this morning's pre-market analysis, video now before we begin, do not forget to like the like button on your way in, and also don't forget to click on the subscribe button.
Along with the notification bell that way, you don't miss out on these videos right. So so, let's begin right off. The bat today was today was a weird day. It was a very very weird day.
I didn't think it would have such low volume and lack of direction. I told y'all this morning and i believe on friday that i was expecting a decent move. At least today a decent move to like to well from from 45 100, all the way up to at least 45 50, maybe even 45 60. And then we just got a flat line right there.
This is not such a good sign. This drawing is on here. I told you that i was not expecting this thing. I might be wrong, i i might be wrong um we may we may see that, especially with with something that happened today with the dow jones, which made me think that tomorrow could actually be read, and this is what i mean if we go on to the Dow jones, and for those of you who don't know the dow jones futures is forward, slash ym right and i was just looking at all of the indices intraday looking at how they will like behave, and there was this bullish pendant on there, which i was watching.
I was patiently watching just to see exactly how everything would move and it broke out, and it did something really dirty really really dirty. It broke out right here for like a few minutes and then in the final 30 minutes they had an immediate sell-off and went right back in it. This is a terrible, terrible, um, terrible sign psychologically, especially for for individuals who may have gotten caught right here. We got caught in these levels right if we open lower.
There could be like a brief sell-off, at least within the first hour of the market, so um, i'm not too optimistic about tomorrow. It could also be another um low volatility day. It could also be that let me check out the daily all right now: here's the daily time frame for spy - and it's not looking too great. The candles are getting like smaller right here, like this, candle is the one of the smallest out of like the last seven one.
The volatility is just dying down: it's not looking too nice. The opportunities are getting much smaller and smaller for both sides. Obviously it's very annoying, but tomorrow we may see we may see a brief sell-off. We may see it all right.
That's my honest thoughts on the overall market in general, now, one stock that i want to share with y'all in today's video that stock is novavax all right now with novavax um. The reason why i want to share this one with y'all. First of all got demolished from this eyes after this bear flag right there, all right now, if you look closer on here, the volume is increasing, which is one good sign all right. One good sign: okay, now we're gon na look at the one hour. Actually, no, the four yeah the four hour we're gon na look at it. Actually, no the one hour. Actually we do yeah the one hour would do so. The pattern is on here: it's a bullish planet, it's very! It was very, very clean in the morning and then midday they actually put out news.
I think it was my day i think it was they put out news about their um, their vaccine being approved in the uk. It says right there, as you can see right over here - maybe oh it wasn't. Even today, it was a few days ago. Well, the momentum carried on until today, all right and now now the only thing that would help out this stock is more magical.
Unicorn use to push it all the way up towards at least like 105., so so far it's looking decent. It's looking good. The way it closed a little sauce all right. The market conditions in general seems like you got to be very quick with the money that you see.
If your c money you got to be very quick to take the money, because the odds are it's going to roll over very, very soon right. So that's kind of like the environment that we are in right now you got to be very fast. You got to be. You got to pay attention to what you're doing, because things are getting very, very choppy, but i want to share um this one.
The way, still specifically again there could be magical unicorn dukes on this one. There may be another one coming soon, okay, so that's my thoughts on that one now another stock that we're going to talk about that y'all should be keeping in your watch list. This thought may go parabolic, it may, and it's actually one of you guys who's asked about it. It was cbs now cvs.
I know why you are asking about it. The person who is asking about it. There is a imperfect, um, ascending triangle on here. Right.
That's saying perfect because of that, like that wake at the top of this right here that some people may not worry, i pay attention to these little things, we'll see what happens next, but with with the way it looks right now again it could behave nicely and Then run it looks like it's set enough for an earnings b. It looks like it could set up for like a massive move right, i will tell y'all to be careful. I think the move on this one would be. It would be huge.
It would be huge again. I was wrong in an earliest reaction on i'm going to talk about that one really, but in regards to this one, if we look on the the daily, it had a tremendous run throughout all of 2021 moving into 2022.. Could we see a pop, followed by just a massive red candle like something huge where it opens up at like 120 and then immediately like starts sliding down slowly all the way back down like it could happen. It could happen so um keep that on your watches. Their earnings is on the ninth and the ninth is in three days and it's before the market hours, which which isn't too exciting like the after hours. The after-hour moves are much much wild than the pre-market hours, but then the pre-market announcements but still watch it, though that's my thoughts on this one. It looks bullish, but it's at the top. So you got to be careful whether this is a trap or not, and you also got to be careful because we got earnings coming up.
So that's my thoughts on it now um another stock that we're going to talk about. This is an update. Actually this morning i told y'all to watch shag for today. All right, i told you that i was not bearish on shag because it got beaten down for so long and i got a massive gap right here and there wasn't any reason for me to be bearish, especially on the daily time frame.
When i look at like when, when i look weight all the way back here, like it's been crushed enough right and after hours, if you look on the five they spiked, but this is not big enough, especially for those of y'all who wanted to gamble. Do earnings um this is like the smaller the small percentage that, where both sides kind of kind of lose well, maybe not completely. The longs are going to make some money, because the only contracts available are monthlies right, but the price of the contract, especially for a 30 stock like that, is a little bit too high. It was too high for me.
I didn't want to even play this thing at all. It was too high and the reward the risk the reward, not quite there, and the giant move like the giant move. All the way up to like 40 did not even happen. So this is quite unfortunate and if the market is sus tomorrow, it could even be dragged down all the way.
Here again, like i always say, holding to the earnings is 150 gambling and if you hold both sides and the move is not as big as you would like, then both sides will lose like i'm pretty sure those contracts, because if, if the whole market is brought Down - and it opens up at like 28, the calls and the puts are going to get hit by like 20 negative 20. All right, i could be wrong too, like the cost could be saved like the cost could be up by, like maybe 30, maybe 40 percent of the gates, and then, if there's a wild move back down like that value will just be gone. So you may have like a small window to get your money off if you had calls on this thing, but that's that's my thoughts on it again. That's but that's for this video who asked about an update on this one, the next one that we're going to address we're going to do an update on google, because google google did something very surprising today.
Um that floor, that i drew previously did not hold, which is a bit worrisome for today's buyers and for tomorrow. Again. This is also one of the reasons why i think that tomorrow would just be it's very, very satisfying, maybe red day, even maybe um this floor right there broke and it just went right underneath these deep wires, they did buy us from yesterday we closed underneath it Psychologically, these people are pissed right and if you look on the daily there's still more room to fill that gap and the nine smash like run around the corner. So we may even like drop towards like 27 50., maybe even lower and then formed the same dragonfly doji out here before the trend may shift to the bullish side. Again. The market is very, very saucy tomorrow tomorrow, maybe maybe a low volatility red day. Unfortunately, that's my very honest opinion on the stock, and that is the end of the video again do not forget to annihilate the like button for the youtube algorithm. As always, you help the channel a lot.
It 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 not notifications. That way, you don't miss out on these post market analysis, videos which are released every single day in the afternoon and the pre-market analysis, videos which are released 10 from monday to friday, 10 minutes before the market opens. If you like to be part of a private discord community, you can find that as the first link in the description of the video below.
If you are not following us on social media, you can find me at walnut knowledge 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, i'll have some very basic, step-by-step directions in the description of the video below step, one to step three, it only takes about 15 minutes or less for You to just sign up with all the tools you need to start trading immediately. You can also get two free stocks running up to one thousand, eight hundred and fifty dollars or after signing up with weibull, using the third link in the description of the video below lastik. Ladies gentlemen, my name is paul guma, with better knowledge lab where we trade patterns and patterns only, and i will see all of you in the next video you.
When is the KO gap filling up at 56$ 🙁 ??
Can u check $BITF? It runs with BTC
What you think of SBUX Paul?
I told you tesla was going down today.😁 hope you ain't bullish on the market.🤣
Can you look at $LAC please
what you think about beyond meat
Hahaha 2nd 😂😂 👍👍👍👍 hope this is a good day
🎉☺️
First let’s gooo
Not the first comment