 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. Good morning, everyone, Basil Chapman. Here is the Tiger Technicians Hour. This is the Friday, the year 23rd edition. And what are we looking at? We're looking at, let me just draw this in for you a little clearer. It's a pattern that's worked very, very often. You can see why, and I'm just gonna put it in. I'm not saying this, I'm just saying there is resistance. I'm not saying this could be a major turnaround. Anything like that, I just want you to point this out. That when these patterns repeat, when they come, when they prove themselves as this particular from the high that was made back in the day on the 20th of December at 37,641, you can see they're drawing just a simple line. I changed the color to green. Why did I change it to green? Because that says if there is a significant push above this line, you've turned this whole pattern, this red and green mini channel into a support level. Right now it is a Chapman wave resistance and repellent area. So how we break out above it, how we pull back over the next few days is gonna be really important. We did close in the 39,000s. To me, I thought the 38,900s would be, that the 39,000 millennium level would be a resistance. And as a result, we've been going basically sideways except for the breakout yesterday. And I have to tell you, when a trend is in place, normally what you're looking at is any trigger that could exacerbate that particular trend, it doesn't take much to do it. And most of the indices three days ago were really pulling back quite sharply in testing support levels so that NVIDIA tsunami that came in yesterday I wasn't just a one-off, it was very important because it was kind of broad and it even impacted the Chinese, the FXI. And I'll go to that in a moment, but I didn't have the bell ring. And the bell ring says, we've got Garo in Newport Beach, California. Garo, how are you? How are you, sir? I'm very good, thank you. Very good. You'd like to look at? Nova, N-O-V-A. So this is the Senova energy. It's just on power. Okay. And it's trading down now, 66 cents at 7.91. And as I'm seeing it, the volume yesterday was one of its largest down volume days in a long time. I don't want to go back and say, I don't want to change this right now, but in at least months. And the volume today, so yesterday the volume was 22.3. Today's volume was, wow, 22, is already 2.8. And it's sharply down. And I'm just gonna guess that you went short. Yes, yesterday at open, on 30 minutes, on 30 minutes at the open, at 9.30 your time at $11 when the candle hit the bottom dot of the star and the dot moved up right there at $11. I had 3,000 shares and still I hold it. And this company is going into lawsuit. And again, I should have run to RUN. That is a majority of the some companies are in short. So I have 3,000 of Nova and 1000 with RUN. I need your idea regarding how short that can go. Should I get out or is there support here when I look at the daily chart or there is room going down? So being a Friday, you're gonna have to go the whole weekend to see first of all, where it closes is trading at 7.91. You won the low today, 7.88. The power and the impact, the thrust to the downside with all the technicals fading is so powerful that my eye says that it's going to take out the low that was made back in October of 7.62. It sounds like, oh, a big deal, it's already 7.92. 7.62, if it takes that out, it's taking out a couple of months worth of action that went to the upside and that says that everyone who's owned the stock since that October low is now in a losing position. And I suspect that they will, it'll exacerbate the move to the downside as people say, I'm done, I'm out of this. So I would, I'm gonna say this to you but by the time I'm finished saying it, you could well be out of the whole thing. But what I would absolutely do, because you're in such a favorable position, I would absolutely take something off now. You could even say I'll take off a third, I'll keep two thirds and one third, I would just make something like nine, the buy stop. But I try to keep as much as I can going, if it closes, if it bounces into day and it gets to $8.15, then maybe it won't close at the low of the day. But if it keeps every hour, if every hour it closes at the low of the day going in, even if it's just by a penny and a penny, when it gets to the close today, if it closes at the low or within pennies of the low, I would not be surprised if Monday, if it gaps down $0.50 or $1 because people are gonna be really nervous about this. They might not even be looking at it until the weekend. And now it's taken out. Do you understand my thinking? My thinking is not priced so much because the momentum is a waterfall cascade to the downside. My thinking is psychological. This is where you want to be the psychiatrist. None of us are professional psychiatrists in the market. But if you look at the market and you say to yourself, what would I do? I would say if I wasn't watching this and I looked at it later today or over the weekend and the darn thing is below that low of October, I can't take this anymore. It's failed me every single time. I thought it was going to rally. It rallied from the 8th to the 12th, and now look at it, it is in the 7th. So that's my thinking. And another thing, because you're watching it, I would absolutely, just because of money management, I take something off right now and then I lower a mental buy-stop. You don't even have to have a physical buy-stop. You can see it acting right now very poorly. I do want to go to the 120-minute chart for one second. There we go, 120-minute chart, because that could be China-based. Oh no, look at that. Stochastic is at 2.69. This really doesn't look good. How did you come across this as a short? I have all the sound powers in one of my watchlists. And when I go from sector to sector, when I see that everything is in red, and usually I decide that on 15 minutes. 15 minutes, it tells you that what's going to happen the following day, more or less. Okay. Like, yeah, 15 minutes, it tells you. If the 15 minutes is bare, that means there's a lot of possibility that the stock is going to go down the following day. Like, I knew that coin is going to go down, but I had all my money stuck on run and loa. But Mr. Beger, I'm not a type of person to sell some of it or buy some of it and leave for the following day. Either I'm mean or I'm out. Okay. Well, I'm just saying to you, thank you very much. Right now, it should try to balance this particular one. Okay. Bye-bye. Thank you very much. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to. And you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today at TFNN.com Educating Investors. The Gold Report As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers listing of coverage of the XAU, HUI, GDX, The Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com TFNN has launched the Tiger's Den. Hosted at Discord, TFNN has been educating traders for more than 20 years, with live programming hosted by a variety of professional traders during market hours. The Tiger's Den. Available to all tigers and tigers for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. Hello, so I see a question in the Den. Two questions. One is, can I review MRO, RRC, and LVRT? I'll get to that. The most immediate one is that I thought that someone was a long TSCO. Now, I've done Tractor Supply I don't know how many times over the years. It's just one that I follow, like I follow the waste management. This is one of those that just gives me a huge... It gives me a sense of what's going on in a very important area. Of course, that is Tractor Supply. And as a result, I've kind of... I'm familiar with the... Let me just finish to see a peak A, a big uppercase on the way up. A, B, C, D, E. And that was a... Is that a rogue wave? A, E. And that's an alternate count. F slash C. All right. So now I've got this and everything still is very positive. And I think it's going to go to a D in the daily. And month B and A, B, it's already got to a D in the weekly. It's already achieved a whole bunch of things. This is what I would do. First of all, I would have said just a very quick... If you're long, stay long, because this looks very strong, long and strong for Tractor Supply. TSCO is trading up $1.42, like $2.41.20. Now let me show you something else. This is Technical Friday. So in the Chapman Wave methodology... I may as well just go to this if I can find it right here. Yeah. In the Chapman Wave methodology, we're always trying to identify the lowest low bar and really count each successively higher peak. For instance, we've just got that in a brand new buy that we had on the stock that I followed for years, I mean decades, because it's got such an unusual name and it's in the whole agri area. And I'm looking at our DBA Agricultural Fund and I'm saying, gee, the grains, the soft grains, everything's looking horrible. And our DBA is actually at most recent highs. What is going on? I'm not sure what the mechanism there is. So I chose this particular stock yesterday. We got in, unfortunately, we got in as it was pulling back early in the morning as it opens and that now seems to be the character. So I want to talk about two things. It's character of whatever it is that you're trading. Try to identify what it does during the day. There are some stocks that almost always open soft and then they get stronger during the day and either they then close at the high or they close well off the high. Get to know the character. Sometimes there's stocks that always pop up and then they pull back and then the rest of the day starts. So in this particular instance, I just want to show you something here. We try to identify the lowest low and then go to count each excessively higher peak, alphabetized sequentially, uppercase on the way up, lowercase on the way down. Peak A is the first, peak B is the second. It's called a floating letter until it makes a peak. One penny above the previous peak gets the new name on the upside, same on the downside. So that goes to a D. We always want to get an upgrade from a bi-signal to a bi-mode, which says that we should go to at least a D, four higher peaks. At that point, other things can happen. Okay. It can go to E, F and G. There's never an H in the chapter of methodology. I don't want to go into that part of it right now, but let me just explain to you. So what I did is a very, I've always done this and I didn't realize I had lost the, I was quite surprised at how much information I lost. I don't want to, I don't even talk about it right now in terms of how suddenly things shut down and I lose information. And then the chart goes back to a lose or it goes to another part of the library. I don't know what it is, but I've lost then a whole bunch of the latest notations that I find the old notations. Anyway, it's complicated. So anyway, tractor supply, I did right now, it took me only a minute. So what did we look for peak Ds? Well, here was a peak Ds, your bi-signal gets upgraded to a bi-mode because the MACD is stochastic rally, but the on balance volume isn't that great. So it pulls back under the 200-peer moving average. If it fails under the 200-peer moving average without touching it, I usually say you've got to wait. It's going to try to come back, but you've got to wait. We've got someone in the den who's showing people how he uses the RSI. He's also got a particular technique that suggests that whatever you're doing, if a certain level hits, it should come back, and that's really important to that level. All right, in this case, it starts another brand you buy, so it stalls for days at the 200-peer moving average, and then it goes peak A, B, C, and it goes C and D. D pulls back sharply. Where? To the 200-peer moving average. Then it goes another peak. A peak, B peak, C takes out that old peak D, and it goes to a new peak D, and then it pulls back, and it starts a new buy mode. Now, the most important thing to remember within three bars of peak D, if you make a new recovery high, you get a Chapman Wave instant restart. It doesn't mean to say it's going to work, but that tells you you can have an alternate count, use the alternate count, because if you get to a G, it's very often a G slash D. I just want to have a look here to see if we're finally getting a little bit of a pullback. Yep, there's your rectangle formation, there's your arch formation in the E-mini. Now, I am going to go to Tractor Supply Company in the very short, in one minute, five minutes, and the 10 minutes. It's trading at 2.41.18. I don't know where you've got the puts, how long you've had them. Well, because it's an all-time item, I'm suspecting that you're underwater, and that's the reason why you said, should I put in that put, should I stay or should I go? Okay, let's go back to what we were looking at in the data chart. The data chart says, you have now got to, this is not a leg A to the upside. It has to make a low and make a higher low so that you've got a trough to start a new wave count. So this is either a continuation of that as an E or it's the start of a new move, and there's your A, there's your B, and there's your C, and now we're in leg D, and it looks strong. Stochastic is actually flat, but holding flat, it holds the last signal that you have, in this case, an up signal. Stochastic is at 86, that's good. On balance volume is quite strong. The 90 is over the 14. So I'm going to suggest you ask me my opinion, and I always find that if you don't get out, the moment you recognize something and your mind says, I better ask about it, or I better do something, I'm going to suggest that your best cover is right now. Why? Because if TSCI trading it now, it's at $1.60. If it goes towards the high of the day, which is $2.41.54, it's almost there. In the next hour, there's a chance that by the end of the day, it could be up, not $1.60, but $2.30. And therefore, unless the market has something over the weekend that really knocks it for a loop, you could be paying up. So I'm going to suggest you could always come back, you know how much you're going to get right now for the puts. You won't get the best, because the premiums have been sucked out of it, especially going into a Friday. But I'm going to suggest at least get out of most of them. I've learned that. I try to implement that. I try to do that for subscribers. We have our short positions. We have, whether it's a three-time short or a one-time short, I have the same percentage that I want to risk. And that's like two, maybe three percent. Sometimes it'll be a four percent. If it's a very small, like we nibbled yesterday at something, nibbled, you can take a little bit more, but nothing. If you are down, I'm just going to go back to this $120. Yeah, but that's the highs. Now, you could turn around by the end of the day, but this is what you've got right now. No, if you want to keep something, okay, but if you just get like a few, get out, they give you your money that you can use again for another time. But this is one of the strong stocks in the strong sector. And it's like the boomers at this particular time. Track the supply companies doing well. Sorry, I'll be back. Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. 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Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. So let's go to the question that came out here which is MRO, let me just MRO. So this is Marathon Oil Corporation a long time ago. We had it, we don't have it anymore. It went almost to the 200 p.m. moving average and then it got repelled because the stochastic said 82%. How it holds the 80% level is going to be important because the MACD is good, the 90 is over the 14 and this you can see is attempting to make a cup formation. Let me go through the ones that you've asked me about. I've got a feeling that they have the same chart patterns. There's just C, RRC, I don't know, RRC, do I? Oh yeah, of course, range, resource much nicer chart A, B. Oh, it's already gone to a D. Isn't that interesting? And now it's pulling back a little bit. So that was that a D over there? A, D, CD. Yeah, so this is good. I like to see a character of a stock and if the character of the stock says that it very often likes to get to a D and then it will pull back. I like that because it tells me it's in the Chapman methodology. It's there. It embraces that particular methodology. So and then D starts a pullback. Sometimes a pullback is very extended. Sometimes it's not. I can't say sometimes it's only just done that once. And then we do this here very quickly. So that's peak A, peak B. There's nothing here that I can make up. I can only follow C and then D pulls back and then it goes to a spike. It's not a rogue wave. It's a right arm extension because the technicals did concur and then they failed right there in the 70s area and it plummets down to the most recent loan, the 27, maybe even 2680 area and now it's got the peak D. So let me just finish that one and these are all L, R, B, R, T. L, B, R, T Liberty something. Let me just see. Yeah, Liberty Energy Company. Now this is obviously I'm going to say to you, this is the best one. Why? Because peak A peak B underneath it goes nothing doesn't. That's an A. So this is, oops, that's an A and this is a gray B right here, gray beard right there. Yeah, so this is holding way better because it's closer to not all-time highs but multi-year highs. So let me just say, okay, so out of these let me just tell you what I'm looking at. This is the one that shows the most resources resourceful energizing energy uplift every time it rallies. It has a very strong move but it's also capable of giving a very strong move to the downside. So going backwards, and I'm pretty sure you'll long these because otherwise just a review of the energy. So in the energy area peak A, peak B, peak C, peak D, brand new A, B, C, and it's brand new leg D. Mac these goods, monthly charts still very strong weekly chart. Let me just move away from this. Weekly chart is holding very nice. This is the best one at 20.73 down 40 cents today. If it closes under 19.30 let me just say if it closes under 20 within the next four trading sessions, that just says you can have to wait, it's stalling it's going to take its time. If it has a rally, I don't care whether it closes above it, but if it's able to take out not the 20-second high of 20.65 but the 20.19, oops, 21.34 high of the 21st which is the 21st was I think Tuesday was it, Wednesday a couple of days ago, that is the action that you want to see and that says it's going to go to an overlapping peak C really quickly and it should then go to even a D. This is the best one. Going back to RRC RRC is that range resources, slightly different products they have but I suspect it's very close this is also a monthly chart that is still pretty good making a U, second U for a W formation, but the failure this week to come, to not hold above 32, but should be at 30.69, 89 right now says the 200-speed moving average of 30.38 could be a magnet and it could pull the price back so that every time it rallies it has to be retesting. This by I'll say by Wednesday, I normally say Tuesday, but I'm going to give it all the way to Wednesday, if it's able to touch 31.80 and it's at 30 points, it's a point higher that means something after it drops very quickly 88 cents so it should have a very quick run up a dollar if everything is good if it's able to do that then I think the whole group, you should see them all move simultaneously in unison together this candle right now with Friday coming up in a few hours time closing at four o'clock, this is not a great candle, it said any time next week if it's able to get to 31.90 and close there on any day, there's a good chance you can retest this peak D-high just above 33, so most importantly 30 has to hold, no I'm going to make it 29.50, it can go underneath 29.20, 29.20 is the support that must hold if it pulls back at all next one that we're going to go back to is MRO, Marathon Oil look at this beautiful pyramid formation and it goes, if I go to the doji as my plumb line right there, look it made a perfect left side, right side price tie match, it held the 21 support it's now pushed into 23.87 so this is the one at the very moment that we're talking down 11 cents at 23.88 89, if it's able today by three o'clock if it's able to touch 23 23 I'd say 23.95 but really 24 if it touches 24 by the end of the day this is the one that could actually be the leader in the next move up, monthly charges old dreaded H, weekly charges what you've had one test of the low you've got to push away from it, this is a new leg B, a gray leg B, the stochastic and magdae are not really good so it's the daily chart in MRO, Marathon that is going to give you the idea that it's going to go to a leg D, but the 24.66 level becomes a magnet if it can get to 24 one penny above the peak C 24.41 all of a sudden the magnet becomes 24.66 and then then it can hug that line for a little bit. This must not by Tuesday of next week, I'm giving this time, not I'm giving it a shorter time, I'm saying if it closes under 23.20 in the next few days it's just kind of stuck. So I hope that helps you looking out though this is one of the weaker ones out of the group in the RRC yeah this is one of the weaker ones you can see that it pulled back the most in the weekly chart and the best so best is liberty second is range and third is MRO Marathon. Alright next question let me see there was a question can I do M MA in the Tiger YouTube, MMA is MMA no that can't be right, I think you wanted MRNA where did that go yes MRNA just from this distance it looked like an M so this is a Moderna Inc biotech COVID now they're getting stories that keep coming in and coming out this is a tough one, I'm going to come back to Moderna I think that it is basically news story related at this particular point because it has to hold a big gap up gain it's done that so far, go get to it as soon as I return down to 190 gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU HUI GDX, The Dollar, Bonds, the South African Rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to Tom O'Brien's gold report newsletter now at TFNN.com Are you ready to take your trading to the next level? 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services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ yeah so let me just do this Moderna I believe correct was it earning yes it was earnings related so the fact that it's holding the fact that it hasn't taken out yesterday's high of a hundred and one point seventy three today's highs a hundred point ninety seven I would prefer that it took it out this is a leg B most importantly it hasn't pulled back half way so this at this point is holding very well now I don't know if you're long you're short when you're looking to add or you whatever it is if I was looking at this right now I say based on the weekly chart this is good action because the nine been moving average finally flipped back to green but I tells me that something's not quite right with this company that's number one number two is based on the higher four ninety seven point forty nine in August of twenty twenty one and the most recent low in the most recent land factories just above at sixty itself sixty sixty two point fifty five this is nice action but it's not great what you want to see is by next week this 200 period moving average in the day of a hundred and six point oh four hit and you want it to pop just above it and then maybe pull back a little bit but then the very next leg to the upside must get to the hundred nine hundred and ten area and it has to do that by about the first week first full week of March which will be the week of the fourth and if that's the case then I'm looking at it I'm saying Moderna's in play but as it sounds right now so even with that news release today should have been a much better day that's what we've seen in many of the stocks it's not bad I'm just saying I would like it to go higher what would I do I'd say I'd wait if I want to do if I did my homework and I like Moderna in terms of the fundamentals and other things I don't see in the weekly or the monthly anything yet Moderna something tells me Moderna has to test the ninety three ninety one area another time over the next two three weeks that's number one number two is within the context of within the context of the spike up here that we're looking at over the last trading to do to do in the eighty six area suddenly is trading in the hundreds and then now ninety seven all I can say is that it needs follow through to show me that this wasn't the one off so I'm I don't have anything that says to me grab it right now what it does say is you could start a position I can even do it in ninety seven seventy four I'd probably say I'd like it to test ninety six to ninety five why it gives the best risk reward and if it doesn't get there and it holds here and by Tuesday we're looking at at a hundred and one or higher that's where I'd start to say okay now I can do a position at this point I just find a little difficult this is my own style right now I find a little difficult to get in I something makes me a little uncertain about the way it popped up and there's no follow through today there should have been a lot a lot of people should have said man I've missed this I want in and they're not saying that they're saying gee that was a nice pop I'm getting asked some so by the end of now I could change my mind but right now I don't have any code I don't think it's going to go down that much it's trying to form a base in ninety two so I just I'll try to get to it again Monday or Tuesday remind me that's Jeff in the in YouTube oh along an April oh you're along an April call okay I don't have a hundred and ten no a hundred okay a hundred call I have no problem with that I think no I that's fine a hundred call let's deal with it again early next week you've got time but I need to see the proof okay our next question came in let me just do this I want you to do it yesterday and I didn't do it you know I've spoken about for about a year and a half now I've been talking about a two-click session so have a look at this and that's that's the reason why I said to was a zip in the den about these TSCO you you must take something off but even though there could be a pullback and look I'm sure if the market pulls back now which I think it's going to do you might see TSCO start to pull back a little bit but it's one of the strongest stocks you don't want to be a sacrificial lamb by having a close near the high your premium is going to shrink and then if Monday gaps up you got I mean you get very little right now you've got something that you can you can use but I want you to show you this so I was looking at this I didn't do it I guess it's sometimes the brain and the brain and the fingers are in two places I was busy doing my newsletter and all that and I kept looking at the oh oh yesterday you saw the green nine-period moving average spoke about it look at this fantastic move this is yesterday look at the green nine-period moving if you use the 10-minute chart and use this one indicator from the gap up back at 350 that's 10 minutes to four before the close on the 21st of February you would have held this all the way to this little distance yes so what was that that was at 4988 we'll go to the high 4988 but look at this it went pink just briefly but you would have gone out at five o'clock on the 22nd at 5094 now let's get a little of 5092 because zigzag you lost and won lost but then what happened is it went pink pink pink it was in this narrow long rectangle that is the character of the evening session so many times I've spoken about this I really would like to have a master class and discuss all these different techniques that really help some of you with your evening trading intraday trading just using simple techniques that's all I want and then it broke out and look what happened it went this morning at 6 20 it went the green went positive and it went 620 it went positive let's go to the high of at 98 and right now it's still really pink but you're at 5 110 if you use the this skip the one minute to go to the five minute you would have been along this morning from 5 30 this morning at 5096 and you would just been taken out here at 5110 and you could have got out of that P D because it was stalling right there so this is based on this one indicator that my technical tool of last resort now I'm going to go to that for a very simple reason because I want you this is where you're looking at something you're saying to yourself wow how easy is this so the Dow based on this nine period exponential moving average look how high we are from the nine period moving average and look even in that sharp dip down around about the 15 16th of the month the nine did not go negative and that's the reason why I've said we want to stay for subscribers we could do short-term trades with it was a couple of short-term trades we were short for a little while I call them short-term trades even though it was days and days that we actually had the position then it got stopped out for very smalls at 1.8% last I mean meantime the three times long UDOW that we have makes up for anything like that and this really just negated for a little while the diamonds that we still have but I wanted to say using this technical indicator and this is the one that meets me up because I could have done this for subscribers as it flip positive right here even if it was a day or two later back in early January when it went from for one or two days pink the green 90% average treat this moment and then between with the SMH's 172 there it is a 209 it's 10% higher and it's still green what a nice indicator I've stuck with that with my Microsoft look at that Microsoft 90% moving average almost with pink but it's still green back that was a chapter does have 161 are you ready to take charge of your financial future TFNN is your gateway to the world of trading and investing whether you're starting out or scaling up TFNN empowers traders and investors of all skill levels with top-notch investing 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around the world from the moment the market opens until the closing bell sounds Tiger TV has 8 different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN Educating Investors Tiger TV Hi folks this is real quickly so the question came in about Tesla so Tesla right now is Tesla, Rivian and Tesla so I would just say Rivian I've spoken about this I don't know how long I've spoken about this I see absolutely no reason at this time to even consider being in Rivian it just it looks like a great car I mean I know someone up the street who has the wagon seems to love it and the point is what happens when they fold what do you do with the dawn car but at this particular point it just looks like it's not going anywhere what it is it's going downhill TSLA Tesla just stuck sideways I don't think it's breaking down at this point but it hasn't participating in the rally so it looks to me like it's just stuck at the 200 moving average of the really charged around about 202 straight right now at 195 so that's the resistance the final question was oh I want you to do this as we're going to I think we might have made the days high doesn't mean you're going to break down but I think we're making the days high and Nike if it pulls back or watch the interday watch the 105 level one other thing that I want you to do oh yeah it is ESH24 there it goes yep there we go so we've got that