 but the common denominator continues to be stocks that are coming out of bottom channels had really explosive moves, whether it was a week ago, three weeks ago, a month ago, and now they're finally starting to get ahead of them. Welcome to Access a Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey, guys. Good evening, everybody. Welcome to another edition of the Access a Trader.com nightly wrap-up show. Everybody is doing well. Hope everybody had a good trading session. It's a broken record. Market strong. I mean, market strong. It's beyond comprehension. Every single time you think there's any type of pause in the market or potential technical damage, or even if there is technical damage, the market kind of finds its way to kind of rallying the truths, dare I say, hold the line. I know too soon. Sorry about that. I kind of rally back, which is the most amazing part. And if you look at how the market has been really getting aggressive, they're just not melting up 30 points on the Dow, 50 points on the Nasdaq. They're really getting aggressive every single day. Two, 300 points on the Dow is like the new red. The Nasdaq composite 50 to 100 points is like, it's really is amazing. But the most amazing part of that is the majority of names who helped get the market structure to where it is last year and the year before are still not really participating on a day-to-day basis. So I came in very, very bullish. If you guys remember on the weekend update, I was very, very bullish about the tech space, the beta names. And we talked about these channels being put in on Friday, and I said, look, all they need to do is confirm. So if they confirm, these things are start waking up. So if Amazon confirmed its Friday channel, it can move higher. Never came close. Tesla had some news today about buying a billion dollars, billion and a half dollars worth of Bitcoin. You figure, you know what, maybe it's going to get above this whole range right here from last week's high. It never did that. Zoom that had a really big move on Friday, it put in a good structured rest. So I can't really put that in the same category as an Amazon or a Tesla, just because it's having a digestion day. It came out of the range here, put in an inside bar, which is very, very bullish. It held the breakout low of Friday, yesterday. So it's a very structural day. I do believe there's probably rest one or two more days and maybe wake something starts attacking that 430 level. The one name, if you've been watching kind of this broadcast, the one name I've been having this really on, often on love affair with is NVIDIA, right? This is your first time watching it, well, welcome aboard. But if you've been watching this broadcast now for a long time, you know I've been trading channels within channels of NVIDIA. And for all you guys who have been watching this broadcast, you know that 560 number, it's probably subconsciously like tattooed on your brain. So that 560 number was incredibly, incredibly important for a long, long time. You can see these three tops being made in supply. And today it finally came out, had this really majestic move. We'll talk about the individual pivots in a second. But the same thing is kind of playing out every single day. For one NVIDIA that does very, very well, the rest of them don't do anything. Netflix still, you know, kind of underneath the channel, Apple, you say to yourself, well, maybe today it's going to come out, maybe today, hell, maybe tomorrow, right? You can see how tight this channel is forming. But the point is they're not going up as a tribe. They're going literally one by one. But the point is if you acknowledge their existence and acknowledge their upper channels, you can be ready for them every single day. The common denominator that I see in this tape continues to be either stocks that had a really, really big move up and they're consolidating ready to make another run. So for example, we covered BZUN, right? We covered BZUN on the weekend update. And I said, look at this chart, you know, it's just had a big move digested in like three weeks of action. It is imminent. It is imminent. Is it the greatest trading stock in the world? Is it the thickest? No, it's not. I got along this thing off this 49 break. I sold it. My highest print was 50 bucks. And now the thing is going higher. But this is kind of where the value is, or the names that we talked about before, names that are coming out of really, really bottom channels. If you look at everything else that is kind of running, everything is running out of some sort of crazy SPAC news, some crazy quote unquote pump, this, that, the other thing. But the common denominator continues to be stocks that are coming out of bottom channels, had really explosive moves, whether it was a week ago, three weeks ago, a month ago. And now they're finally starting to get their head above water coming out of supply. So if you are looking from the macro point of view of the market, again, what is there really to talk about, right? How much can you describe, you know, and how many ways can you describe this? Q's are strong, right? Q's are strong. Russell's at all time highs. Spies all time highs, right? Diamonds all time highs. That's not where the action is, or at least not the action where we're trying to concentrate every single day. We're looking for the ones that were great, that became crappy, and now potentially be great again. So if you look, for example, on a name like AMD, not to say that it's great or crappy, but look at a name like AMD, right? And you can see the same kind of potential, not that NVIDIA had, because NVIDIA had a three month kind of distribution. You could see how flat it was going, but you could see the channel developing in. You could see three times it's gotten rejected off the same area. One, two, three times, right? If this channel wakes up, look how much room it has. Now, does it have to wake up tomorrow? Of course not. Absolutely not, but at least we have to acknowledge that these channels are there. Even a name like BYND that had a really, really strong run, right? Had a really monstrous run. And for the last one, two, three, four, five, six, seven, eight, nine, 10, two weeks in a row has done absolutely nothing. But again, if you look at a potential, what it can do, again, maybe not tomorrow, maybe not the next day, maybe not ever, but the point is, if it starts getting above this whole channel here, maybe this thing wakes up, right? So NEO, for example, another name, NEO had this really, really big run. The whole EV space has been incredibly aggressive. And now you can see what you've just visually, you don't need to be the greatest technician in the world. But visually, you could see how many times it's got rejected off the same level. Once, two, three times a lady, right? Maybe the fourth time around, finally gets this thing going. We saw some $62 calls being driven, $63 calls being driven, no pun intended. We even saw summertime bet. I think somebody even bet the hundreds if I'm not mistaken. So there's a lot of value still in this tape that you have to put in the work. You have to get the research. So when these things do trigger and they start confirming, you're not the person on social media talking about, Hey, the video broke out today. No, the video broke out today, but it didn't break out where you're looking at it. By the time it hits the scanners, by the time, you know, it's in vogue is the hot stock of the day, you're paying up for this thing 15, 18 points. So it's very, very important to do the homework. It's very, very important to understand these things could take off at any time, set your alerts, keep a really attentive eye to where it potentially could go. Because again, if you're still chasing these hot stocks of the day, up 30, up 60, up 80, up 150%, that the higher probability that they're going to pull in on you and still be good, technically are very, very good. If you are looking at the stocks that potentially could break out by the time social media scanners hit and all that good stuff, you're in a very pretty penny. And speaking of outrageous moves, like I always say, where's my, you ever seen the movie, don't mess with the with the zoe hand, right? When the guy turns around and goes, where's my Muchen Tuchen restaurant, right? And I always joke around, I go, how come I see all these, even if I don't really trade a lot of small cap stocks. But when I do, kind of brother can get one of these moves. And finally, I got my Muchen Tuchen restaurant. We cover this. The funny thing is we cover this on the weekend update. I had a runner. I had a runner. This thing just absolutely exploded when up like 35, 40%. I still have a little piece. The only reason I have a little, little piece left is just because I'm so like, I'm so intrigued about all those guys that were buying those February 19 expiration $5 calls. If this didn't give me one more move, would be great. But again, today was my Muchen Tuchen restaurant. So phenomenal move there. So let's, you know, let's get into some pivots for today, for today. Well, again, very, very aggressive day. The one thing that still bothers me, I'm still trying to figure out why beta as a whole doesn't want to make that big move. So let's talk about this. BZUN 4875 49. We talked about this on the weekend video. You know, I got one of 49. My high sale was 50. I'm okay with that. It trades a little too thin and a little, it trades a little too thin and a little too slow for me. I know it sounds crazy, but it kind of does. It looks higher. It probably goes, you know, 52, 53, 55, but I just made the choice to kind of get out of it. But again, again, it is what it is. A nice move on BZUN. This was definitely the trade of the day on NVIDIA 551, 552 needs to build. I got longer 553 on the second entry. 560 continues to be the macro area and NVIDIA just went nuts. You're getting call buying through the roof today. The 600s are just all over the place. So here's the 553 week, 553 sneaky pivot. Here's the 560 range and it closed pretty much at the high of the day. If everything goes well, you know, you know, does it have to follow through tomorrow? It would be nice. But the point is if it doesn't, if it does rest the next couple of days, you could see the pot of gold here. Next area of measure potential is 587 and then going all the way up to this 598 linear regression line. So congratulations. I know a lot of you guys are still long overnight. Amazon, again, here's my, here's my beef with this tape, right? Huge move on Friday. Here's the Friday Pivots 400-405 on ZM. 421 needs to build, just never built. Good productive structured day, but I would have loved to see a follow through in the name Netflix 555 needs to build, macro, any closer or 560, guess what the high on the day today was? That's what I'm saying. Technical analysis is not subjective. It's very, very specific areas. The high of the day was literally 555. So technical analysis, guys, it's a great guide to reality, not fantasy world, the way you think your stock should be or needs to be. It's kind of where it is. So use it, use it for common sense trading. So Netflix and Amazon got nowhere close to 3380. I still like the stock. We talked about this on the weekend update. $2 needs to build for all you small cap lovers. Keep an eye on it for the next couple of days. I don't have a position in it, but keep an eye on it. It's looking okay. It can't get that close over $2, but it's looking okay. Closed at $198 today. Roku, $48, $50, $49. There was no volume. I mean, literally no volume in Roku today with a dollar spread. I passed on the trade. Stopped right at $449. It just went south. So a huge move here on the video. Yelp, right? Yelp. 37 needs to build. Here's Yelp. Closed at the highs, right? Here's Yelp. Broke out above the 37 level. Went to almost 38. If it starts reclaiming 38 tomorrow, should go higher. So keep an eye on that. Neo, this is the number, right? This is the number here. Needs to confirm this area there. So I still like Neo. BZUN, more highs. Again, I wish I was a little bit more liquid. Here comes 50, got 50, crawling to new highs. That's kind of what it did. And that's about it. And that's about it. So I think the moral of the story is continue to put in the work. Every single day, don't just rely on, it's a hot market. I'll find something. I'm going to log in at $9.20, at $9.30. I'm going to put on the hot stock. It's not the way it works. And if you are making money that way, just understand it's almost like fool's gold. Again, it's like hitting that slot machine once for $5 making $300 and all of a sudden you think you're a professional gambler. Do it again, right? Do it again, do it again, do it again. And the moral of the story is this market is phenomenal right now. But keep an open mind that gravity is real. It could come at any time. That's why we're not looking for stocks up here. We're looking for stocks down here that potentially could wind up here. Guys, God bless everybody. I love you all. Have a great night and I'll see you tomorrow.