Everybody welcome back to the channel into this video i'm going to be sharing with all of you, a stock that is ready to rebound within the next few days, and why should keep it on your watch list and i'm going to be answering some of you guys. Questions like we always do here on this channel right after the intro all right so before we begin again, do not forget to annihilate the like button on your way in and also don't forget to subscribe. If you are new to the channel all right, so let's get started right off. The bat um friday was a pretty nasty day.

This move right here was was a bit unexpected. I did not expect this move at all, very very nasty um. It opened up on it opened up at around like 4 46 37 and then immediately dumped all the way down to 45 80. right now.

I think that we're going to retest these levels right over here into the open at around, like 47 17. Before we see some more money go into the market and push it a little bit higher up and for this bolus trend to continue, i was a bit cautious on the on the spy, especially on friday, because when i make my decision to look at every other In the indices, now, for example, we're gon na take a look at qqq, which is pretty much nasdaq and if you check out nasdaq right here, actually, if you check it out on the one hour, you can clearly see that there is a bear flag on there. It is quite clean, but um, it is very, very, very clean, and this is again clean for short sellers right. So for those individuals who got in short right here and they're, seeing this thing in the morning, this is not a good look.

This is definitely not a good sign at all. Ideally, what we want to see, especially for a bear flag, is for this thing, and this this is what i expected. I expected this thing to just go in here and then immediately: dump out the gates and open up at around like 385, which corresponds quite nicely to these previous highs right here right this previous level of support that right there is a clear and obvious immediate, buy. All right, but now that we're seeing this, i think we're just going to go sideways over here and then eventually move up towards 405 for qqq, and the same thing applies for um forward.

Slash, yes, which is the spy all right, i'm not bearish! On this one. I think we're gon na pull off this move right here and just continue higher towards 46.80 later on during the week now, the stock that all of you should be keeping on your watch list for this week. That stock is roku all right and in regards to roku the reason why i want to share this one with all of you is because of this. If you check out the daily time frame all right on the daily temper, we can see that it got annihilated by like, let's see from 490, all the way down to 222.

That's a 55 drop on a roku all right and right now, if you look closely at this at this combination right here, let me just move up the chart. All right, you can clearly see that are some buyers who stepped in on that hammer. This summer is really really bullish, especially after this drop and another thing that you all want to consider as well is this gap that was left open and, as i tell y'all, and as i told you in previous videos, 90 to 95 of all gaps get filled At some points in time, all right and given the fact that qqq is actually up and that nasdaq is up right now, we can expect roku to open up at around like 240 and then starts to make, and they start making its way all the way up Towards 255 at first and then eventually towards 270 later on this week, all right so definitely keep roku on your watches, and there was also some like news about jackie. What was purchasing some roku at these lows as they was dipping.

So um definitely watch this one. For a turnaround now, let's talk about you guys stocks adventures for those of y'all who drop those in the comments section, the first one that we're going to address that one is amat all right and in regards to am8c, i was watching this one for a while Um the reason why i was watching it is because of the flag on here all right, there's a flag on the chart. It's quite clean it broke out nicely. I think this was like two or three weeks ago.

There was some money to be made over here. It had earnings all right, it had earnings and unfortunately the reaction to earnings was not so favorable for the stock and the stock immediately tanked all the way down towards it actually dropped to 145 after hours on that day, and it opened up at 150, retested, 153 And then immediately went all the way down towards that previous level of supports. I think we bounced. I think that this thing is going to open up at exactly like 145 and then start running all the way back up to 150 again, and then we can see this type of movement, this type of movement right over here on amat within the next few days.

All right um definitely, this is like this is the place where you want to let the starter position, because the risk the risk is pretty much like if it goes down just a little bit lower, then you can like you can be sure that this thing is Not going to bounce anytime soon right, but given the fact, the market open, that the market is about to open up like higher and also the dow is higher, and this stock is also in the dow. We can expect that this one is going to open up higher at 145 and then more money is going to flood into the market and i expect it at 150 within like two weeks. So this is definitely a good one to watch for sure um. The next one that we're going to address in this video that stock is c m c s a all right and comcast comcast corporation now, in regards to the stock got demolished.

Since uh september, it's been on the downtrend. It's been quite choppy very, very irritating to trade. The volume is not so terrible about 20 million in volume um some opportunities to be made on both sides, actually so it's short side and again over here. What i'm seeing on the chart right now, i'm seeing a potential reversal and shoulders there's the left shoulder right here on the chart.

There's the head right here, which forms um through earnings, followed by the right, shoulder and um, which is right over here right, so watch this one for a move, starting starting tomorrow at like 51 80 - maybe 52 dollars right over here and then for a move like This all the way up towards 54 bucks right there. Now, whether we break that line we'll have to see um depending on whether there's more money to be made or whether they announce some type of news on that day, um either late this week or early next week, we may see this thing push up to like 56, all right, but wash this stock at these levels. It's quite interesting and i think, there's a good chance. It might be clean.

So definitely watch this one now, the next one that we're going to discuss in this video we're going to talk about qcom qualcomm, which i told you guys that this one was a shorting opportunity. I didn't like the way it was consolidated over here and in that video i told you that it was for a day trade. Only so the day trade that we took was like right over here. It was right here it was a very simple day: trade right.

There all right this was what i was talking about in the video this range right over here. It dipped down lower uh, especially given the uh friday sell-off right, but as of right now, the way it's looking. I think i think it's just going to consolidate sideways um. I think that we're just going to move towards 145 and just trade in this range for quite some time all right, i'm not trading the stock at all.

Definitely not because i don't know exactly which way. It's going to go. Yes, the gap is right. Yes, um the gap.

Is there still um we'll see how this one opens up, but i do think that it's gon na chill in here first and then, eventually, eventually, it's gon na roll over all right now. The next one that i'm going to be doing an update on that one with mcdonald's mcdonald's, quite irritating, especially on friday, um i've seen another stock. Do this, where, especially when there is a market sell-off on a random day like on friday, it looks quite clean. It's behaving quite nicely and then there is the dump right.

The whole market collapse just to see the stock. Do this open up a little higher like 153 move on to here and then continue on to its trajectory towards 260. right so um in regards to this stock, i'm not too heavy on it, i'm not heavy at all, like. I still have calls on this one.

Um and the fact that the market jumped up is actually a good time for mcdonald's, so i'm anticipating a gap of tourist 153, which was pretty much the opening of this candle right here, followed by this move, pretty much. What i've drawn over here we'll see how this one unfolds all right, um, that's my very honest opinion on that stock. There is one more one more that i wanted to touch on, that one is starbucks and um. Regarding starbucks.

I think it is actually at a good spot. I think it is at a good spot for a buy, for it did buy. At least let me change it to the one hour and let me see yeah, so this right here is what i noticed on starbucks right over here. You see that that level of support right here we got one.

We got two, we got three all right and we got four usually um. The way it goes is the more a level is tested, the more likely it's going to break right, but you want to watch out for that. You want to watch out because it could break like you could do a little something like this and then immediately don't like it could do that. I don't think it will.

I i really don't think it will. I don't think so. I don't think we're gon na see something like nasty like that. No, i think we're going to like trade sideways a little bit more taurus 112 and then we're gon na run towards 116..

This is highly unlikely um. I don't think so. I don't think this will happen. No so that's my very honest opinion on starbucks, and that is the end of the video again do not forget to annihilate the like button for the youtuber them.

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