 All right, traders, what's going on? My name is Tosh, I go by T Bradley 90 in the My Investing Club chat. Today we've got a very cool video by a Loha trader, real name Austin in MIC Chat, one of our moderators put together. And specifically, it's on ticker symbol P-I-N-S, Pinterest IPO, and it's a large cap short daily recap, which is also a trade recap. And while this is just a preview, if you wanna watch the full length video or any of our full length exclusive content, then become an exclusive member of MIC. All right, let's check it out. Hey, everybody, Austin here. Gonna be doing another trade recap, but before I do, I wanna say I'm not licensed, I'm not registered, I'm not a financial advisor, and none of this should be taken as investment advice, even if it sounds like it. Okay, so I got a good one for you guys today. I traded pins today, or yesterday, if you're watching this or whatever, I traded it here on the 30th. And this was a recent IPO, Pinterest, and we kinda had a flurry of IPOs that kind of went up. We had Tiger, and Soli, JMIA, and pins. We kinda just had a lift. We kinda just had a flurry of IPOs, and for the most part, I stayed away from them. I think I hit JMIA for a short similar to this one, and this is kind of a common pattern that I see with IPOs, is that a lot of the times, or some of the times, though, they'll go up, up, up, up, up, and everyone, everybody knows that they're gonna come down, or pull back eventually, but the question is when, and this one kinda squeezed, this one was really good, because you can see it squeezed out a lot of people, up, especially on this big day here, probably everyone was thinking that today was gonna be the day that it came down, and it just squeezed everybody out, and this is the day, this parabolic action, this candle with twice the range that all the other candles had really put it on my radar as like, hey, tomorrow might be the day that we could get a pullback, or a correction, or some kind of short on the name. So this is a very classic pattern. Bao talks about this a lot. It's called the first red day setup, and I think it stems from its OTC trading days where the first red day is the time to attack after multiple green days in a row, and then it kinda switched in, this was the first red day, it worked the same for small cap stocks, it was the first red day, the first time the stock went red. So here we are at the open, let's zoom in here. We tank right here out of the open, and I get a small little feeler on it, I was actually trying to get 3480, and my coarse air wasn't plugged in, so I had to settle for a little lower price, so I just got my feet wet, but then I got the 80s again, and so I was able to put my risk on, and right here, my risk is definitely gonna be on this 3550 over and under level, because at pre-market here, this is kinda where I'm expecting it to rip, or I'm honestly hoping that it rips, because then I can feel comfortable shorting into that parabolic, because I would really feel that's the top then. But when we put this base in here pre-market and tanked it at the open, I knew immediately that this was my risk, because this was the breakdown, this is where we could not go higher from on the day after the big range day. So I did put a little bit of a short on here, not the best entry, not a little bit of a chase, because I missed my entry here, but I fixed it, got a nice bounce off of this prior close the very first time, very fortunate for this bounce, was able to get here back into the 80s with a solid risk on this 3525 level. Over and under, I was willing to give it a little bit of wiggle room, definitely stopping out over 36, definitely over 36, like that's the ultimate stop, but I'm willing to give it wiggle room, and the main risk is here is this 3525 level, where it based. So I get a short, I get my add on, and now it's just gravy, I'm just, now I'm really, I'm expecting it to go back and test prior close, because this is gonna be the first red day, can it hold, like when we tank out of the open on a day where everyone's looking for the top, and people have yet to take profits prior close, where it's gonna go from green to red on the date is a very, very, very highly watched time. Hey traders, this is Tosh, I go by T Bradley 90 in the My Investing Club Chat. Just wanted to reach out and say, if you have any questions about MIC, joining MIC, maybe you're a member already, you have three ways to contact myself personally, and through MIC, you can hit our social media, you can hit me through PMs in chat, or you can contact us through my email at tosh at myinvestingclub.com, that's Tosh at myinvestingclub.com. I will get back to you in a timely manner, and I'm saying this because I'm here to help, and I don't want anybody to be afraid to reach out and ask any question that they have, we are here for you guys. All right, see you guys.