TI - Trading Studio
what's going on hey scott hi there buddy hi jamie how are you andy que pasa all right all right and hello to everybody out there in attendance uh we appreciate your attendance today and and thank you this is the trading studio my name is andy and that's jamie and scott and once again thank you for taking time out of your day uh let's dive in okay first let's go over some legal issues here we are a content publisher here at trade ideas okay even though we're going to be looking at some nice setups and talking about stocks and things like that and don't uh construe it as investment advice that's not where what we're trying to do here so if you are seeking investment advice find somebody who's licensed like a registered advisor or a stock broker all right the agenda for today i like this one i i really i get uh people sending me emails when i talk about this a lot and they like it too so i i like to like throw make this part of my content at least every maybe four to six months and it's been a while so we're going to talk about it some more uh after we do the market recap and the holley recap and it's we're going to talk about bottom fishing and i know there's a lot of uh traders a lot of great traders out there that would never do something like this i happen to be pretty good at it and i think a lot of people could could do do the same you know uh some very important uh disciplines to go over and know what to look for and but like i said these can be uh very profitable and i'm going to have some examples of trades that i took recently if i needed jamie to vouch for me he could because he's actually and uh and one of the funds a little fun that i trade so uh and then the price alerts games guys i sorry i know it's been a couple of weeks but i accidentally uh cleared i was cleaning out my price alerts and i think i uh i zapped everybody's price alerts from two weeks ago but that's okay if you if you do have one that did very well drop it in the window and the questions panel we'll make sure we say something back to highlight it because i'm sure a couple of you probably had some good ones out there i apologize for that all right let's talk about our five star support education and training for the new people in here uh this is a very powerful software and we do understand that and it's our job to help you uh as not only traders but also as uh people who are very uh experienced with the software uh and we gotta change up uh our slide i guess jamie uh because when they're not every day okay anymore okay we used to do one every day and after about five years of doing these guys i'm serious it's kind of hard to come up with content each and every week so i'm sorry with the new schedule but uh you know we are going to have the daily support webinars and then we're going to be shuffling these so basically the uh office hours and uh the q a demo will be one week and then the following week it'll be the trade of the week and the trading studio but you'll get an email uh keep you and keeping you up to date on all that uh so anyway great uh resources to come and watch these webinars not only will we talk about the software we're gonna give you some really ideas that maybe help you with your trading especially some of you ones that are that are new and trying to get a grasp of it i just remember all the traders here are very experienced been do most of us been doing it for 20 to 25 years so uh and not failed traders either okay very accomplished traders so uh i just want to make sure we get that across all right and then like i was mentioning the support webinar is every day monday through friday i'll be doing the one tomorrow at 12 eastern time and yeah hit that up if you're in barry's room or you know in the live stream we'll just take that over for an hour uh if you're not in there just be sure to come to ideas dot com forward slash live best place to come to ask questions about the software because we can demonstrate uh not only verbally but visually so be sure you come in there guys if you have any questions a great place to to camp out for an hour all right i'll save this for scotty on the way out and let's back out here and let's pull up the uh spice and talk about the market because we have had four consecutive down days it's been a while since we have seen that all you have to do is look here on the chart and uh even though this was actually a green bar it was a gap down day so we have one two three negative days in a row we'll see what comes of that it's like i said it's been a while i don't think we'll be able to even see it uh this was not a negative day even though that candle is red it was actually up on the day so haven't seen this too much lately was it this day right here maybe one two three four but regardless we haven't seen much even though it hasn't been much of a dip just a little bit each day but we have uh pulled back looks like we could have tomorrow have a date with this uh uh red line which is the 20 period moving average might want to keep an eye on that if we go through that with volume we may want to test this 50. now we could not make it down there surprisingly on this day but boy that 50 has been strong boy that close underneath i guarantee you a lot of bears were very very happy thought they finally uh gonna get a decent turn in the market and the next day we have a big gap and go and that's just uh that could be painful if you're short but you can see here uh just continuous uh bouncing off the 50 moving average and that's kind of been the uh the guiding hand if you will and you even when i go back in history guys you can see it's been defended again now for several um several months that's crazy um i don't i'm not sure i've ever seen that kind of uh stubbornness just it just will not break that 50. so uh we'll see we'll see what happens uh i know it's tomorrow's a friday uh we'll we'll see what happens so like i said the market has been so resilient you know i'm not going to uh you know definitely stand here and say we we've reached the top that's for sure because there's not a whole lot of harm in there let's take a look at the queues and see what they look like and actually a little bit stronger uh just hanging on to that uh 10 period moving average so the queues are holding up very well iwm is starting to be iwm again uh which means it cannot get out of this funky little range it's been in or sometimes just basically in this range and it continues to be below its tin period but you do have the 10 i'm sorry the 50 and the 20 pretty much right at the same spot see if that can hold up for the iwm but that one has really just has not done anything all year all right let me uh ask jamie uh do you have anything that you might add no dr andy i pretty much concur with your technical analysis there there you go yeah not a whole lot and it's still just uh you know definitely have not had too much to cheer about to the upside the last four days but uh nonetheless we are still technically very sound as far as the bulls are concerned at this point that can change quickly though jamie oh hey i can vouch for that you should have seen the swing in my blotter today from the bottom it was uh pretty massive without well i mean we did have a little bit of down draft there but it wasn't huge but boy just goes to show you how quickly things can change they risk yes and they can small time frame big time there's a few decent trades in holly today uh yeah we didn't have a little bit to look at as far as you know conservative moderate spread and maybe some good add-on opportunities as well so if you're already i'll go ahead and grab it from you all right let me make sure i'm showing the right screen okay you should have eyes on my desktop now i do okay very good all right so here we have the all trades blotter from holly i had a total of one two three four five six and lucky number seven as far as signals go and we can see four longs three shorts now i'm gonna go ahead and sort by the moderate column here because when we're looking to potentially extract some of this spread here and this is what we like to see let me get my pen over here a bigger number in this column as opposed to this column by the end of the day of course during the market hours we don't know that it's going to end up like this but we can size up the trade in the chart and see if it makes sense to stay in more or less ignore the conservative exit which holly is producing so i tell you what let's take a look at the top one here first we'll take a look at the short the big c um we can see holly making the entry right here right here where the little uh purple cell order is and i like the way that this is setting up what i've done here is i've marked off the bottom of the candles of course if you really want to be a stickler you can mark off the wicks as well that's really just a personal preference um but as soon as we make that short get in the money a little bit right about here then we pop up and almost get that stop out just had a little bit of room to go but it did not get us and that's that's what a stop is for basically took all day but eventually this thing did break down again let me just pop an arrow over here since i can't draw very good right here is where we finally broke down so regarding the spread here we can see why did holly get out of the trade reduced risk all this action right here got it a little bit nervous finally gives up the ghost way over here which we can see from the shaded area um but once once this attempt at the stop had been made and we get back down into this level here well to me i would just stick to the to the hard stop of course everybody's a little bit different but as we gravitated back down towards the close this would have been an excellent opportunity to tack on a few shares usually they don't take this long but sometimes they do so what's this level here 54-23 and down here we're down at 53-15 so another point on the table with an add-on right here ignoring that reduced risk exit right about this area right here big difference between losing 20 bucks and making 100. we could call that a 6x difference between negative 20 and 100 there so not a bad short um kind of would have thought today that we'd see a lot more short plays but the strategies that holly drums up are very specific and just didn't get a whole lot of signals today and i'd rather have less than more typically from the ai so a pretty decent trade some pretty decent spread on the big c trade and a nice little ad opportunity coming in towards the close not too shabby on the love sack these what is it i can't remember how much these couches cost but they're like wow they're really expensive but obviously the market loves them so get a nice little buy signal coming in not too long after the open right about here in this candle we can see the blue byline at 57 34. um this one as soon as that candle is generated right there my eyes are looking at this prior high waiting for that add-on opportunity which we get right here in this candle here all right so once again a profit save holly didn't spend much time in this one we get a little uptrend we get that little pullback and that's more than likely right here where she got spooked out but hey we're not even back to break even we're miles away from the stop right here um so you know can't say anything's easy when making a decision in the market but this trade was what trade was well behaved it was always in the money of course i'm looking at the five period and you know from what i've noticed a lot of the times that 10 period comes into play on the 5 as well i'm kind of ruling the roost here as far as the rest of the up move goes could add it on right here set a little bit of a pullback before you know the end of the day it was just the grind higher uh all day so not a bad trade to be in uh never came close to stopping us out with a nice ad opportunity here and even we could even put another line right here you know sometimes these things repeat themselves so probably a good time to throw on some more shares as we crossed this level here as well and that's where the most of the move came from for the rest of the day so not quite as good of a multiple uh here but we could call that about a little over nine times in moderate mode versus what holly plucked out in conservative mode and the nice not one but two nice ad opportunities presenting itself presenting themselves i should say as well now on this one we did have a little bit of a tiny bit of spread here 74 91 pales in comparison to what we saw in these two let's take a look any good at add opportunities on envb not really you can see holly caught it right about the time that it broke out from that 5 10 15 20 minute opening range break this one was a little bit tougher to stay in we go all the way up we come all the way back down um holly making a pretty timely exit up in this area up here on the conservative mode with the profit save and had we stayed in it all day you can see we'd be right about the same place that she got out making about 20 more bucks all based around 100 risk so a little bit different than the other two not really any good ad opportunities but a profitable trade nonetheless but definitely the smallest spread uh between conservative and moderate there curve okay also not quite a 4x between conservative and moderate once again profit save profit save we only had one stop out today um but presenting a nice ad opportunity on the curve as well i love it when they follow through this quickly 5 10 10 minutes later after holly gives us the signal right here at 23 15. boom we got that opening range break
uh getting cracked right here of course it throws a little bit of wiggles but uh higher before the day's out if we would have added some shares on there at 24.05 you know you had all the way up to 25 10. so you had about another point of opportunity there with a nice add-on i had to sit a little bit of a wiggle but notice never really even came and kissed that entry level so a decent spread once again on curve and a nice opportunity to leverage that position so all in all didn't knock it out of the park today andy but some nice opportunity from holly especially if you decided to leverage some of those positions on the add-on setups well yeah i mean anytime you have a day like we had in the spies today i mean that yeah that's that's not bad at all and the fact that these three were all long as well you know and held up pretty pretty solid um you know for sure i'll take it all right man my friend i will kick it back hot potato there you go all right got it thank you appreciate it and uh let's take a look all right so uh probably my favorite when it comes to bottom fishing is this one called i know and many of you guys have heard me talk about this over and over this is one that i actually uh i'm gonna do that for us uh in real time so you guys can see what i did to that one in case you're not getting a lot of symbols in here i'm going to show you how you can kind of configure it to to get more symbols uh all right so revenue growth fishing okay let's take a look for some of the newer people that may have not seen me talk about this before uh what i'm looking for it's just a top list so there's no alert okay and basically i'm just looking for stocks over five dollars the quarterly revenue growth has to be at least 20 percent so that's pretty decent you know so anything above that's going to be uh you know good as far as quarterly revenue growth is concerned position in three month range i'm looking for a max of 30 okay so basically it means it needs to be in the lower portion of its three-month range okay so it's had a sell-off over the last three months but the position in 10-day range needs to be a minimum of 70. so it's getting in the upper portion of its 10-day range which could be a signal that hey this thing may be basing and starting to look uh in other words buyers have stepped in over the last 10 days and they're starting to push these things to the upper end of its 10-day range so maybe there's some accumulation going on maybe it's about to change direction so to me this is uh like i said one of my favorites i love the fact that uh uh you know they do have revenue growth and a lot of times you can get some really nice pops out of this now i'm going to give you an example of three stocks no four stocks that i've recently played uh three of them were in uh no two of them were in in this uh uh revenue growth fishing top list and the other two uh i'm trying to remember i know i got one from michael and the other one i'll talk about them as i go along anyway okay let's talk about the first one which let's talk about the two that i know i got from the revenue growth fishing and this one i actually tweeted on sunday night this clov look at that beautiful long base it had for like uh geez almost uh at least two months there so and then we had a very nice move right there off of this uh day right here where you just kind of had a spinning top day uh but it was above all three of its moving averages you had the 10 crossing to 50. it already crossed the 20 a while back uh 50 is still declining but still
it was above it popped above this 50 and just basically took off on good volume i bought this one pretty quick that day i can't remember the exact price i want to say maybe around 9 40 or something like that and had a banner day now i'm also i'm not just going to talk about uh how i jumped in and had some great trades okay i'm gonna also tell you where i messed up uh we're gonna go over a couple of trades that i tried and did not work and what i did i think that's how you learn i mean anybody can sit there and pound their chest and say oh i did this oh look how great i am i'm not that way because uh we all make mistakes and even if somebody has been training as long as i still make mistakes so uh the important thing is to learn from those mistakes uh on this day i took all of it off okay i i did not like the areas probably no excuse because it was coming up against almost basically reached my target and at the close i took it off right before the close well turned out being pretty decent because the next day it gapped down and basically came off would have come in all the way all the way back to my entry price that kind of stuff happens that's why when i'm looking for these setups i know the potential to be explosive is huge and typically what i'll do is sell maybe 75 i usually accumulate a pretty decent size for me uh and then what i'll do is i'll sell 75 percent of my trade and then i'll usually hang on to 25 and let it work for me okay and i'm going to show you the second example of a trade that i got through raas and this is one i've traded differently where i did exactly what i just told you i i normally do on this one right here i was actually pretty much got my full size on this day right here uh no i take that back uh i added i added on this gap and go day okay so uh had probably half size added here and then these are actually holley signals i believe jamie yeah uh yeah which by the way yeah this is this is great uh instructions okay i ended it on this day right here two weeks ago i think you probably mentioned me talking to you about it and saying keep an eye on this one holly called this and a lot of the china stocks were moving i was on it that day look what happened it did not work okay so what i had to do was basically cut it the following day okay that's okay i don't mind taking losses it's not the losses okay anybody can take a loss and it not affect them okay it's when you don't get out of that loss and let it keep running against you okay that's when you get in trouble and i have no problem getting out of something and turning around and trying it again okay i loved that china was bouncing this thing had been basically destroyed over the last uh eight uh months or whatever that is six months and i felt like you know look at there decent great cash position versus debt nice revenue growth not quite making money yet it doesn't look like but that's okay i mean look how far amazon went before it made money uh so that doesn't bother me as much as i really like a good cash to debt ratio and then the quarterly growth all right so i buy i bought it back and got a huge move on this day did i can't remember my exact sales i probably sold half at the gap field and sold another 25 pretty close to the top and then i kept i stayed in uh 25 of this position okay and i still in 25 on this position and look it's potentially setting up again okay and then what i'll do you see i have an alert right there i'll probably drag this down a little bit and then what will happen is if this thing turns and goes again i'll probably add to that position i don't know if i'll get a full position like i had back over here but i would definitely add to that position if everything feels right i look at market and things like that so look at these moves guys i mean this is basically almost a 50 50 move from you know this entry here to the top of this bar so you can get some huge moves and a lot of them you're talking 50 to 100 easy okay so when you think about those kind of uh performances it's okay to take a few nicks and scratches along the way before they go uh the thing about it is when they do go you you want to be in them because nothing can be more frustrating to be in something that doesn't work and then that you wake up one day and this thing's ripping you're like so don't if you have to try a couple of times it's okay the key is you got to be disciplined when they don't work and they break below moving averages okay just set your alert and then hey visit it again and uh kind of uh re-calculate you know what's going on all right another one is this one is was michael's and i got to give him the credit for it this is one that ipo'd and look at the consecutive sell-off days i think i tweeted this one too as well on this day and said you know look for a potential bar reversal because it could get going surprised it didn't get going more on this day i actually took an entry probably a half size on this day right here because it looked like it was defending kind of that four range and then i added to it on this day and i had to sit through a little bit of uh you know not doing anything okay i didn't get frustrated because it was still holding up wasn't coming back anywhere near four you know i had a decent price and then i got a pop you know on this day right here you know all the way to 574. same thing i've saved sold 75 of my position on these uh moves higher i kept 25 i could this one really frustrated me because i got out of all of it on this day my last uh position on this day right here when it broke down below that and closed and closed below that 10 period moving average on decent volume okay when you see things like that me personally i i you know i don't want to risk it okay i'm not looking for these things to break down you know below their you know 10 period moving average um so i got out of that one and i saw it on this day right here and i did not enter back into this one i cannot remember the reason why i think it when when i saw it it just got away from me too quick and i was frustrated uh sometimes it could be hard when you get out you know i think of my last around you know 440 and then you see it coming through back above five again sometimes it's too hard to chase but uh if you would have that would have been a nice one all right one more to go through them and this one was kind of a little bit of a different story okay this is one that was just on my radar i follow a lot of china stocks and it was this day right here that i entered this trade and um even even a couple of traders i always we always tell each other what we're doing in our slack and uh they kind of laughed at me on this day when i bought this uh but and i think my average price is right around four but look at this look at this chart let me show you something all right so we basically come from the 30s all the way down here to the four dollar range and this right here when i see this kind of action with stock bases a lot of times okay and then you see that move down it's like a shakeout of these people all these people who thought they bought right here you see this quite a bit i'll show you another chart very similar to this when you see this a lot of times it can be a shakeout okay so i just played the bar reversal on this day right here and i did very well but i'm gonna be honest with you this is one i told when i say i messed up i messed up first let me let me tell you what i did like about this look at this cash position one almost two billion dollars okay look at this uh not a lot of revenue growth but look at the debt position versus the cash uh you know and and it's making money it's a vape company a china vape company and i think i got out of my res the rest on this day right here when it took out that bar and i can kick myself for not hanging on because look at the what i left on the table just uh really frustrating that's me just making a mistake guys that there's no reason for me not to be in some of this steel and but that's what happens a lot of time when you're an active trader uh sometimes you just don't do what you want to do and it comes a lot from being a day trader for so many years okay you're you're on those small time frames and it's hard to condition yourself to to be a swing trader to the full extent and the best way to do it is what i'm doing and i still get out a lot of times yeah there's no excuse for me not still be in a quarter of my position all right a couple that didn't work now from the same revenue growth fishing and that is a ht uh now one this one i'm a little bit skeptical about getting back to that cash debt ratio look you know cash is okay but look at this current debt uh that's pretty hefty it won't keep me out of a trade as long as everything's setting up and the volume's there and there's a nice technical breakout but not something i really like to see you can say they're not earning money uh the revenue growth is just fine that's fine there but uh i usually like to see a little bit better but like i said first i'm a technician i'm i'm looking you know technically this has been basting for a very long time and i tried it on this day right here yesterday a lot of times i like to be a little early i see some action i look like volume was coming in in the morning there was some volume there looked like it was going to take out this range and i pulled the trigger a little early that's okay it was probably half a position well i know it was half position uh but look at that did not work now i did get out on the same day on this one right here i just not that's not what i want to see okay take out a basically a five-day low this is one i got out but as you can see i have it marked up again and i would be willing to try as a matter of fact i kind of want to make sure if it's really moving i'd like to see these things early um so that's just one that did not work that's okay i'm okay with that because i know if it if i hit it and the volume comes in that's the key i'm always looking for volume like you saw in this raas look at that move there and huge volume as it brown and broke out of this kind of congestion that's what i'm looking for um another one that wasn't really on uh the revenue growth fishing at the time it may have been on there at one time because i see it's close to my 20 percent but it was this lazr and this is one that one of the guys had given to me i liked the way it had moved up and was going sideways 10 across the 20 moving average looked like it wanted to go and very similar to aht i did the same thing i bought it i bought it too early you know i was trying to anticipate and of course on this day right here i got out because it broke down it's okay once again i don't mind these little hen scratches i mean i i can i can take these as long as i have those moves like rlx the ones i showed you that hippo raf club all all four of them you know i made so much more money on those than i lost on these ones where they're failing and i'm getting out quick it's no fun nobody likes to do that but i'm telling you when you start hitting stocks for 50 or 100 you can make up for a whole bunch of these hen scratches so uh so with that being said i wanted to see oh yeah i wanted to go through and look and maybe find some that may be setting up or the ones i'm watching and and we can go through it together and uh take a look and some see if we can't find something that may be setting up for some of these moves again and once again guys there's a lot of people that would never even think about trading this way and if it's not your style don't worry i understand there's a lot of people like to buy highs so higher i'm right now i'm the highs is not working for me at all okay a lot of my strategies these are the ones where that are working for me right now so i'm gonna stick with them all right so if you are not getting a lot of data in these things so like two days ago this thing was full yesterday morning it was pretty full and now like we've got seven stocks in there you say well gosh why is that the case well we've had a little bit of pull back in the market so a lot of these have fallen out of their 10-day range filter okay so they're not in that upper 30 percent of their 10-day range so we can fix that just to get a look at things that were there and may have fallen back so what we're going to do is we're going to duplicate this i like to duplicate them just in case i accidentally save my screen i don't like messing up the one i'm working with and i'm going to go in here and i'm going to configure and i'm just going to drop this 10 day range to 50 okay and you know what i mean i meant to change this this is kind of high for three month average i think i'm just going to do a uh volume today volume today shares we're going to add filter and we're going to do 200 000. all right let's see if we get some more in here yeah we got a lot more so we're going to pull this right here and we're going to take a look at some of these and i'll take a look at a lot of them and show you and tell you what i don't like and what i do like a lot of times what i'm looking for is a basing pattern like that clove that was a beautiful basing pattern okay uh been basing for basically two months like this asshat uh you know basing okay so let's just go through a couple of them and see what we're looking for here now see so this scares me anytime i see a big gap down okay in most cases when you get a big gap down not always in most cases this takes longer to work out i don't know if it was earnings august 10th uh looks like yeah that was earnings so when you get a big gap down on earnings sometimes it takes a couple of months to two or three months to work out of so i don't trust things like this i don't like those big gap downs bongo doesn't look bad you know for basically it's been for a couple of months almost it's been uh kind of basing there there there you go remember how it's said a lot of times you'll get that shakeout and then that bounce you'll see that a lot guys keep an eye on that when you do see those and look for a bar reversal a lot of times those can just be a shakeout over the last month it should it just i'm not going to use the term they will take you out because i don't know who they are it's just emotions shaking chasing people out but not bad i'm not going to mark these up and do price alerts guys so you might want to just jot them down uh or uh you know just follow along with me i'll go ahead and mark this up if it gets back above the six dollars and back above that 50 you can just follow along with me this one's not bad but once again there you go you got that you got that drive down i'm not sure if that was earnings no they're saying november 8th i'm not sure what that was but anytime i see action like this once again i'm going to let it work out jetblue uh jetblue both jetblue and save have been s-a-v-e has been in here i really like the way save was working but uh i'm gonna i'm gonna hold off on that one that was kind of a failed attempt there so maybe it needs to go sideways okay yala i like this okay an ugly day here but it wasn't big gap down on news uh so i'm not sure what that day was and okay that was earnings but it wasn't a huge gap down i'll put i got an alert set in there but gosh i still don't like that earnings day right there so i'm gonna have to see like big volume to take a chance on something like that almost almost have to be some news driving it because uh like i said typically they take a while after earnings uh if you have time absolutely you go ahead and get through that window and then then we'll look at baba um okay uh i'm not to go through all i jotted a couple down ones that i like imacs and i had an alert now this one i didn't buy okay but this is one where you might want to keep an eye on especially if someone if if it's amc it's uh gets going again uh and cnk is another one that's been holding up very well you know after a move you might want to keep an eye on this imax could be explosive you have your revenue growth there cash the current debt's okay so i set one there right above 16. big pivot level at 16. so could get a nice little pop from that one i mentioned yala and i'll look at a few more and then we'll uh i don't i don't trust these all plays that i mean that looks decent above eight but i i just you're you're strapped to the commodity on those things anyway i'll let you guys uh this one doesn't look bad look at that revenue growth 11 000. uh well as i zoom out that's kind of messy yeah i'm not crazy about that say this is the one i was saying that looked pretty good but look at the day you got today now i didn't buy today uh i just did not want to buy a whole lot today currently i'm in that uh diana shipping which you might want to keep an eye on guys this uh this is like a multi-year high if it takes out this high over here okay so keep an eye on the this is the trade of the week so keep an eye on that i am in that one i'm trying to remember oh that's right i'm back in i'm still in raz and actually bought some more today around this level so i'm adding to my position in raas not like the size i had over here but i may add some more if it goes in there all right jamie baba yeah machio was just asking about what would you think about baba you know what i've been i i liked baba on this day right here as a matter of fact i had a an alert set on that at 150 uh to buy if it got down there got about two dollars from me i love the way that put in that nice little you know hammer uh and then gapped up here look how gappy it is the problem with something like baba is you are going to have to basically play the overnight china markets because just like you know today it gapped down today you know all the asian markets were down overnight and that's just something you have to live with you know and and i don't like these gappy it's it's too hard for me to get a good picture of what it's doing technically when when you have all these gaps it's below its moving averages now so i would not be inclined to do anything right here uh it's it's just to get its guesswork uh you know i would you know love to see it you know back above this level gets back above that level then you may have a quick move to the 50 moving average which would be probably 10 points so uh but right now yeah i don't uh i'm not crazy about it all right kj says all right we can we can look at some charts we can do that uh yeah they uh lithium was going earlier today i've noticed you know tesla's kind of taking the charge uh wasn't too long ago when tesla would get running you have neo and then you have all these small ones get running boy lately we're not seeing the r the small ones run out let them look like it was going to go again but it pulled back today a lot of stuff pulled back with the market which is uh you know not surprising all right uh so let's do the uh let's do the price alert game okay and uh once again sorry guys about what happened uh last uh me accidentally erasing all of them sorry about that but we can fire away some more and now remember we're going to be back every two weeks so these look for some long-term setups where's my price alerts there they are all right so here's how you here's what you guys are going to do all right you're going to give me kj is that lac is that your price alert that you're giving me ah okay yeah he's he was ready all right so see how kj did it well i guess you don't see but anyway just give me a stock and give me a price i will assume it's along unless you tell me otherwise if it's a short just be sure to tell me it's a short he wants it at 21.60 all righty
and don't everybody give me it at once and that is kj at 2160 long and there you go so need some more participants yeah we kind of kind of have lower attendance jamie a little bit today so uh maybe some of the usuals aren't around for some reason uh but here we go we got emay i know i count on ebay z s z s scalar at that's a pretty nice setup there okay long at 288.52 all right and that is emay cara from stephanie cara at 18 long all right going up here 18 for a major break out there kara and let's see amc long at 49. all right oh i didn't oh shoot let me put the hold on just a minute here i gotta do some columns here so i can find out okay amc let me edit this one and that was walt all right mrna gonna go with moderna i think it was looking pretty today i know that that's set up and moderna at 4 54. looking for a little bit of a pullback
and that is a long correct all right long and not from neo cifr oh playing playing a new issue there okay i like that 1319 all right it's not trading there so we can do that and that is a long and that is for aja okay just make sure i got that in there right cliff at 24 15. okay cliff at 24-15 that's stan g bob nugget again you know what bob i traded that nugget and made some decent money on it on half of it and then ended up getting out the other half for a flat uh on this day right here i bought it and sold it at the half of it at the 50 i wish i'd have sold it all uh all right now i get that bob at 50. all right looking for his little pull back again then okay and that is bob t just in case we have another bob i don't think we are all right looks like uh yeah we got it we got an okay amount going once guys if anybody wants to play give me a stock and a price and we'll get you in and this is going to be a two-week game now so plan these moves for you know when we pull them up we'll take a look at uh what what could have been if had we been here you know the week prior but uh this will be fine since they're uh two week long ones all right looks like that's all so i'm gonna save these and share them with you guys copy i'm gonna drop them into the chat panel so anybody who wants to grab them will be able to grab them price alerts and there you go all right guys well that's uh that's all i have for today i hope uh i hope you guys uh maybe learn something from bottom fishing like i said it's not for everybody if you but for some of you who don't mind it can be like i said a very very prop profitable venture uh you're welcome debbie all right thanks everybody i'm gonna bring in scott he'll walk us out you guys hang on he'll have a discount code for you yeah thank you um a couple things on the way out uh grab the new strategy indicators ebook before we switch over to promoting another one it's really helpful it's really good um it's got some advice from our director of software development dave may just go to trade dash ideas.com strategy and also grab cloud links from there and import them into your layouts to use his indicators and strategies we also have a new product the strength alerts newsletter if you like the trade of the week give that a try dollars a month and you get five ideas every sunday night to review on monday morning uh trade dash ideas.com strength to learn more about it and uh that's a great co that's a great uh way to go if you're not quite ready to get a full trade idea subscription but you do like the trade of the week and our webinars and if you have any questions email info tradeidease.com that's inflat trade ideas.com it goes to our support desk gets you the help you need and you can find jamie on twitter at
quantbot you can find our steve gomez at ti steve g also find us at trade ideas and facebook.com trade ideas pro is the facebook page to like and favorite uh thanks everyone the recording will be up later on and you get an email reminder tomorrow about how to find it have a nice one and andy and jamie thank you thank you scott thanks everybody i'll see some of you tomorrow see you tomorrow
2021-09-12 15:13
