 We know where its capability should be once it clears out the supply. The problem is we can't guess when that happens. We can't anticipate when that happens. Because if you anticipate and you guess, I promise you're going to get run over 99 out of 100 times. So we have to wait for this channel to get confirmed. But just in case mRNA finally kind of wakes up tomorrow, I definitely want to watch the top of this channel here. Welcome to Access to 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 AccessToTrader.com nightly wrap-up show. Hope everybody is doing well. I usually take Thursday nights off Tuesday. If you guys remember, there was no video. I had this crazy migraine. I was incredibly dehydrated. So I took Tuesday off. So basically recording the video today. So let's talk about yesterday, right? Yesterday, we had a lot of action. I was focusing primarily on Tesla and pretty much missed everything else. And today, again, I came in, I learned my lesson. I kind of removed all the concentration from one individual stock and kind of just looked at the overall market. And today kind of played out like we talked about last night in the video. I thought technology was tired, right? Just was a little bit tired. Again, nobody was calling for them again or the destruction of equity prices or anything like that. The market yesterday just felt tired. If you look at the cues from yesterday, they put in this inverted hammer. And again, today, they just kind of drifted right to the five-day moving average. And the names that we talked about yesterday that I felt that they just needed a break. And they had names like Amazon, right? Names like Amazon and names like Apple and names like Facebook all gave signals yesterday they just were tired, not shorts, right? They're not necessarily shorts. They're just names that were tired and they just needed a break. And we didn't know how much value we were gonna have going into today's session because again, it's a couple of days before Labor Day, right? The long Labor Day weekend. And the question was how much value, right? So all we needed to know. And the most important part is we got our answer very, very quickly. There wasn't 600 pivots, obviously, just because you have all these names resting. You had Google, Roku, Facebook, Microsoft, Apple, Tesla, Square, all resting, right? And that's a good, healthy thing. The last thing you wanna do is even see the most aggressive bulls turn around and say, well, look, we're going up too far, too fast. We need a break. We have to start selling the market. It's not about that, right? Number one. And number one, I should have kind of let off with this. Hopefully everybody was safe. Yesterday, when I was recording the video, there was no, I live in New Jersey. There was absolutely no, there was nothing in the forecast that would suggest this crazy, ridiculous storm came. And it was sunny outside. And next thing I knew around 6.30, 7. And we got all these tornado and hurricane warnings. And it was crazy last night. So hopefully everybody was staying safe. Hopefully your home and property is staying in one place. And more important to hope you and your family are safe. Literally came out of nowhere. But to kind of come back into today's session, we didn't know what to expect today. We did believe that the overall technology group was gonna rest. That's exactly what they did. And I just wanted to see how much value there was. And we say this all the time. It's not how many you trade for the day. It's all about your game plan. It's all about putting yourself in a position that you are in control of your trading. But number one, you're identifying the opportunities. Even if the market is taking back of a little bit of back test, a little bit of rest, you're in a position that you're identifying situations that you feel comfortable that are falling under your sweet spot and you're trying to take advantage. Now going into tomorrow's session, look, you could probably have similar to today's day. There's definitely opportunities, I believe in tomorrow's action and tomorrow's tape that could give you a pretty good scenario, right? Like give you a pretty good synopsis of the overall tape. But I really don't believe that you are going to see that the full dynamics of the market until after Labor Day, when everybody comes back kind of gets there, you know, the last jolt of summer out of their system, their kids are going back to school. My kids start school next Thursday. I know some of you guys, your kids already started. But I think we're gonna get a good sense of what happens next. Again, traditionally, the fourth quarter has been a really good time for equity prices. Again, kind of going back to the whole, you know, festivities of new year, of Christmas, all these January effects, all that, Kim and Gwittle, again, will kind of dive into that towards the latter part of the year. But the overall action continues to be good. Are you going to make mental mistakes certain days? Absolutely. Are you, your focus are going to be on stocks of just not in play for that day because you have a strong bias. Absolutely. You're gonna be great one day, right? Absolutely. And you're gonna be shitty one day. Absolutely, right? That's the whole formula, right? That's all the ingredients about being a trader, but professional trader, aspiring trader. You kind of mix all that crap up. You drink it, you digest it, and hopefully you move forward learning valuable lessons throughout the week, right? So let's talk about, you know, let's talk about some names that I do like tomorrow. Again, I'm not bullish tomorrow. I'm not biased tomorrow. One way or another, gum to my head, I still say we still see much more value to the upside tomorrow, but there's still names that I'm watching that haven't confirmed yet to the downside, but I'm, you know, I'm watching them. You know, I'm definitely, definitely watching them in just in case there is a rubble. So let me give you guys some names that I definitely like for tomorrow. And again, we'll get to the individual pivots today in a second. Letter U is great. If you guys remember, we've been talking about Letter U for a couple of updates now. We talked about this level here. It got rejected off 129. This was definitely the trade for me today. This thing just absolutely won bananas. I said there was a shot it gets at 35, went to 34 and change. I still like this thing. I believe it was even highlighted, correct me if I'm wrong, but I believe it was also highlighted today on CNBC. Maybe it was unusual options over the case maybe, but you definitely want to use weakness for tomorrow into a rising 60 minutes support to try to catch that bottom range because if shorts get, if shorts get trapped, eager shorts get trapped on potential, profit taken, you could get a squeeze right back to red to green. I also like NET. It broke out a couple of days ago, broke out a couple of days ago, rested today, put it in an inside day. If NET starts building above this channel here, the last couple of days supply, you can get another move up there as well. That looks good. I've been watching this mRNA now. It feels like for weeks and weeks and weeks and every single time it teases you, that you're about to attack the top of the range here, kind of rolls over again with some sort of FDA news or COVID news, whatever the case may be. But again, we know the top area, right? We know the top congestion where it needs to clear out supply. We know where it's, what its capabilities should be once it clears out the supply. The problem is we can't guess when that happens. We can't anticipate when that happens because if you anticipate and you guess, I promise you're gonna get run over 99 out of 100 times. So we have to wait for this channel to get confirmed. But just in case mRNA finally kind of wakes up tomorrow, I definitely wanna watch the top of this channel here. It's been rejected here twice, same area twice. Well, I gotta look at a chart and see what the price is two times in a row. If it just confirms this channel here, there is a possibility to the upside. Tesla again is still resting, right? It's still resting after that 730 break. We're still seeing big 740, 750 call buyers come in for the weeklies and for next week. But the price action is still consolidating. And again, it's been kind of like that on and off now for the last two months on Tesla. You have this big break like we had on Monday and then you have like these rolling channels that are tighter and tighter and tighter. Eventually something has to give, you have to give the bulls here the benefit of the doubt. But again, does it have to confirm, Monday's price action tomorrow? Of course not, right? But again, it's something we definitely need to watch and kind of have it on our radar. Is it gonna be my focus tomorrow? Absolutely not. But the point is it has to be on the radar and the most important part of that is we have to be conscious of where the stock can absolutely go next. Again, just to put on the back burner. So tomorrow, again, I'll probably trade till about lunchtime tomorrow. I think after lunch tomorrow, it's gonna be a graveyard. If you're sitting there trying to squeeze out a day after lunch, a day before a three day weekend, you're probably gonna be very, very disappointed. So try to squeeze out as much as you can. Value obviously is the name of the game for the first three hours or so and then see what happens after that. So let's talk about today's pivots. Again, some really, really aggressive pivots today. Netflix that we covered last night in the video never gave us an opportunity to remount, right? To kind of retrace into the 578 remount. But then you started seeing aggressive call buyers come in one after another after another. They were coming for the 90, 590 for the 600 weeklies. And here's the pivot here. 586 is a sneaky area needs to build for experienced traders. And Netflix went absolutely nuts, right? Here was the 586, right? You see this area here, 58580, 58545. So once it took out the 586, it took out the previous high of 591 and went all the way up to 599. Just an absolute incredible move on Netflix. Again, still riding that Jerry Seinfeld PR. Letter U again, this is definitely my trade of the day. 129 rejected twice on daily. We've been covering Letter U now for a couple of updates in a row. Went nuts, went absolutely nuts. This is, let me just, let me get an end. This candle kind of speaks for itself. Took out the 29, beautiful, beautiful move. Before I even pulled back and went to 132. So it was a beautiful, beautiful move on Letter U. Definitely no complaints there. FISV, I was watching for 120 and never even got close to F, never even came close to 120. Not only did it not come close to 120, they just sold that sucker off pretty aggressively. OQTA, right? OQTA shook off a negative earnings reaction last night. Got upgraded this morning. I say, hey, if this thing could build 267, it can wake up and OQTA put in a really, really nice move. So here is the 267. Here was last night's, here was last night's reaction. It was down 4%. But once you started seeing it going green, pre-market, you knew there was a shot here that it took out the 267 level and traded right into the 276 supply. Really, really big move. Again, very good value on a day that we really didn't have any high hopes or any really big expectations for. But this is what's great about the market. Patience will pay you, right? Patience will reward you from putting in the research and waiting for the price action to play out. So we talked about it. Second entries on everything today. We're getting close to a long weekend. It's possible we have a slower session with tighter ranges. Keep that in mind, right? Just keep that in mind, have a nice day. And we got some pretty good value. 1850 on open, not a big move, but 1850 needs a strong base. Here was open, 1850. Again, traded to 1890. It still looks good. This is the highest close in this whole formation. I still think there's a shot this thing sees that $20 level. But really nice little pop here. And now it's just kind of formulating a new base like higher. Netflix huge move there. Just an absolute sick move on Netflix. You had a big, big move on letter U. Take on the way up on OKTA. PLTR had a lot of good call volume. That I will tell you, had a lot of good call volume. Not a big move, right? 2670 needs to build. Only went to 2689, but a lot of call volume. They were coming in for next week. So I believe 28th, the January 33s, I have to double check. But really aggressive call buying. Again, you have to be patient with this PLTR. But this thing continues to look pretty good. New highs coming in and open. Again, only a 40 cent move, 600 on deck as well. So we had good value. I really like some of the plays for tomorrow. But again, it's a day before a holiday. We don't know how many you're going to confirm. But remember, guys, the most important part. We don't know how many you're going to confirm. We don't want to guess. We don't want to anticipate. It's not about how many you trade. It's how many you trade properly. Guys, God bless. Have a great weekend. And I'll see you guys on, I guess, Tuesday, right next Tuesday. Have a great week, and everybody take care.