 22 days. Hey, what's up our be nickel? What's up he V's? Are you doing market was great today? Holy smokes paypal move almost $10 today. Hey, what's up g-money? Oil sector is still moving up very fast Market looks like it's starting to turn around and come back. Oh shit. You guys heard me eating Damn that caught Damn, I was trying to be quiet about it, too. I wonder what they're gonna say tomorrow Oil oil is feel like a short. Let me see. Let's look look look. Let's look at oil Check out that oil sector man. I have some shops $1,600 calls Had a small move today. It's okay But look at oil man If this trend line continues to stay in tech That means we could potentially see oil at 85 plus. I was just talking with Tommy the other day that If Shopify does a stock split, they would be back to 2000 It would be 1600 plus to 2000s easily Be the greatest run ever. You know, it would be better than a than a Shopify stock split It would be a Amazon stock split if we get an Amazon stock split and a Shopify stock split at the same time Oh, man, they will push each other back to back like for example at first For example at first Amazon will do a stock split and it will carry the whole sector it will carry everything that's related to Amazon and you know, it'll go boo boo boo boo and then and then And then Amazon will literally carry itself to like $4,000 right first time in history Amazon hits $4,000, right? It'll carry itself there and then it'll start doing the and then you know After they split and then Shopify will come out and be like, you know what? Let me do it, too Let me do it as well. So then Shopify does a split and bam It starts going boom boom boom boom and at this point Shopify's probably already at $2,000 So they'll start climbing to like 2,500 and then as all the CEOs sit there and look back and they're like Wow, maybe I should do a stock split and then everybody's running to do a stock split next thing, you know Who else does the stock split? SE, you know They go and they're like, yeah, let me do it. Let's do a stock split as well And and their stock is going they're running like crazy hundred dollar plus two hundred dollar plus three hundred dollar plus five hundred dollars and then and Then next thing, you know, what happens Tesla comes back. It's like, yo, I can't let all these guys Get rich without me So they come back and they do another split back to back year after year It's possible Did I mean it's been done before Amazon did like stocks with back to back Like year after year if you think the market is high and and you want to like get more invested money You do more stock split man, you know, easy money easy money I actually saw a video the other day that says that says the Tesla is very likely to split because Apparently they have like an employee share purchase program. So if the employees can buy the stock, right? that's a foot aside funds and things like that and And and because of that Tesla has to split to make the stock smaller because they can't give half They can't give a fractional shares or something to the shareholders. So they they have to hold full shares So because of that Tesla has to do split to something like that So they say they're speculating that says I could do another one If the stock price gets way too high But Amazon having a nice mood today. It's been a good buy off that three thousand level ish 3,100 or just this this range here I'm not sure if this will hold though. He'd be like Shopify would be $150 What? What man 150. Oh Shit 150 that's crazy. All right, let's check out some earnings from this morning Because I don't think we have anything after hours today We'll have We'll see some big-headed tomorrow Tomorrow morning, we have Jeffries, which is like a financial company and sh8w Shaw And then after hours, we have vault which is like thing is a lidar company or battery charging One of the other it's either lidar or battery charging maybe battery charging because it's called well, and then we have KB homes as well What's e2 open I think it's like a gaming company, maybe And then Thursday morning, we got the big boys. We got Delta. We got TS MC Taiwan Semiconductor And then Thursday after hours We got some random bank and Friday. We got JP Morgan and Chase City Bank Black Rock Well, it's Fargo and first Republic Bank I feel like we should set up a play for City Bank, man, but we need to get out of KB home first We need to free some capitals So hopefully tomorrow morning we have an opportunity to get out of KB home free some capital and then And then we'll set up that play for Friday for For City Bank, hopefully And they just switch to Shaw from internet. I don't is that I don't know if this is the same Shaw Shaw I feel like this might be like the floor covering company or something. Who knows who knows man. I'm no cool But let's check out this morning's earnings. I think we also have a lot of preliminary Things that I got released this morning as well So might have some interesting stuff there might not Nokia we leave some some information this morning. They said they expect to exceed 2021 financial guidance They see 2021 comparable operating margins of 12.4 percent to 12.6 percent versus prior guidance of 10 to 12 percent This company acoly jumped a lot last night after earnings Apparently had a really good earnings. We didn't even look into it. Honestly, shoot 170% increase. Oh, that is a great earnings. I Don't really know what the company does so I didn't bother looking to it. I still don't know. It's just some random company PKI Hosted their guidance Wow, they said they're expecting to have a really really good quarter. What does PKI do? instrument tests Maybe they test for COVID too Hey, what's up, Trouser? CVS also reported I mean, well, they also released their guidance See what they said so CVS to raise for your 21 earnings per share guidance from $8 plus 833 Versus 803 so that's a huge increase in guidance They actually didn't even pump today. That was a really strong increase in guidance Hmm They said they we affirmed for your 22 gap if yes range of 7 to 7 24 It's adjusted to 8 10 to 8 30 So they're gonna do a broadcast as well January 11 They were surprised they didn't move any further. So it's pretty interesting mold Interesting interesting news there That means the earnings coming up. They might have a good beat as well. I Guess then again, the stock is also at all-time highs It's been having really nice runs Built a beer workshop BBW They raised their guidance 390 million to 400 million to 408 to 412 Wow very interesting Very interesting Do you think the market is starting to feel more bullish at today? I felt like it was a decent day for the bulls. I think it was a good day for the bulls. Um I mean, we had a good recovery. We're seeing a lot of reversal setups on the daily chart Things are looking pretty bullish But at the same time, I wouldn't discount. I wouldn't discount a double bottom pullback as well Because as much as I love this bullish move, you always got to be able to like, you know You always get you also got to put in these other possibilities and other Probabilities that could happen as well. So, you know, if we're extremely bullish, we can pull something like this You know, just have this nice run all the way to the upside to new highs. We'll have, you know, 480 plus If we're accounting for like other probabilities, we can have a move like this We're back to back two days green and then we just chop in this range here And having another back test right right there Before you know testing the top again for another back test down. So this could be a long term like or maybe like a Weekly, you know, double bottom setup. So if you look at this a longer time frame, it'd be like a double bottom setup like that So I could see something like this possibly set up to just some chop in this range area Coming back here, but then another move up. So So you always got to be ready man always got to be ready for the unexpected. So I'm not saying too short I'm just saying like if you took some if you got in yesterday at the bottom be ready to take some profit Take some profit Hey, what's up, man? How you doing? Uprising companies Q3 earnings for share. So let's see. This is like think this is a supermarket This is like a supermarket company with groceries and stuff So my means of like pathmark and stop and shop I Don't have this in my area though. So not that familiar with them. Looks like they came down a little bit was around $34 came back down to 28. Let's see how that earnings that Earnings for share was 79 cents as opposed to 59 cents estimate Sales is sixteen point seven three billion as opposed to sixteen point zero eight estimate So having the really good quarter nineteen percent increase compared to the same period last year and And I see about eight percent increase in sales compared to last year Now, let's take a look at how the stock that compared to last year So stock was trading around seventeen eighteen dollars last year right now is twenty eight So saw ten dollar increase, right? So that's more than that's got to be more than fifty percent increase compared to last year's But the results isn't really showing that the results only showing like nineteen and eight percent So see if there's any other interesting news inside this as well So they posted the outlook as well. I guess they have it here, too They said they raised their guidance for the full year of twenty twenty one Or twenty twenty two at this point. I don't know They said they're looking to make from 250 to 260 Originally, but now they think they're gonna make around two ninety to two ninety five per share So I guess it's counting for this 20 cent move here a little bit So this quarter next quarter is gonna be good. So that's out percent If it comes down a little bit more maybe to like the 20 area Probably look for adding opportunities there in terms of good value and you know back-to-back gains But the current price of like 50% plus gain in stock price compared to only like 30% gain in earnings per share and 8.5% gain in revenue. I don't really see it justifying that current price point LCID up 10% Yeah, it had a nice move to $45 today, I think right I think one of all those traders a KLQ she called that move a little while back. So it's been a pretty good move Nice gains almost 100 plus percent. So congratulations to those few that have been playing it I wish I was still holding some calls But we got burned like a think a week or two weeks back. So we didn't we didn't hold long enough for that run Next time Yo, what's up? What's up there is how you doing? Happy New Year's man. Oh as well, then hang in there New year starting off good Hopefully it continues to be good if if we get this run that I've been playing in SGH Smart global holding they did a stock split. They had a really good earnings and Janet 4th they announced the stock split and And and you know, I bought it at the bozo price. I Bought it at the bozo price. I picked it up around 68 dollars thinking I'm gonna get deal but then the next day after earnings that came back down pretty hard came back down to 59 and And I averaged down a lot I did big average down So I just been averaging down like every day for the last three four days Um Not even three four days the last Five six days. I've been averaging down. So every time we hit the bottoms I've just been adding position adding position adding position Added some position yesterday as well. Now. I just got a set and wait Hopefully it can come back to 70 dollar plus and and if it does I probably could be good I probably don't even have to trade for for the next six months. Honestly Because it would be a nice game So I just need to make that move back to 70 dollar plus So but like I said before if you guys been here since last year or longer, you know, I'm always extremely extremely bullish on stock splits What's up deluxe, how you doing? So deluxe, I don't know if you remember last year we had an apple or maybe the year before now I forget man. The years move so fast. We're in 2022 already Last year was 2021 2020 was like the beginning of COVID, but I felt like the last two years nothing significant happened In life. So it just felt like not like we were still stuck in 2020. I wish we can go back in time Just be stuck in 2020 man But you know stock splits are generally very very bullish they had seven consecutive quarters of year-over-year revenue growth Announce a two for one stock split. So for every share you're holding you get two shares And and people love that sometimes because they can sell cuff calls and stuff on it any ta thoughts on Qualcomm So that's a good question. What's up GC Jim? So Qualcomm is gonna be basing their move on TSM This Thursday, so I think we're coming to a point in the market before Thursday So I think tomorrow you guys gonna have a lot of opportunities I Think you guys are gonna have a lot of opportunities to to either set up a possible Strangles or maybe even straddles on any Go out there and pick any Any Semiconductor stock you like tomorrow because if you want to gamble if you want to get a little lotto going go out there Pick any semiconductor stock tomorrow, man And just go one month out take a lotto if you're bullish go bullish if you're bearish go bearish Take any any ticker and I'm pretty sure is and we're gonna make big moves because We're gonna see TSM We're gonna see TSM report on Thursday, and and I think this is their Q4 report Or the Q1, let me see Let me see. Let me see Hey, yeah, this is gonna be their Q4 report, right? So this is gonna be This is gonna be their Q4 report they're gonna set how they did for the whole year of 2021 and They could potentially say How they're gonna do in 2022 they could be like chip shortage wear, you know, or they could be like Oh, no chip shortage raping us, you know, so depending on what they say All the other customers that they make the chips for is either gonna be like ah houses on fire Or they can be like yeah. Yeah. Yeah. Yeah. Yeah going to the moon So we have things like AMD that's correlated with TSM So you see AMD on the daily chart, you know hitting that MOB line and and if we bounce oh Baby, you bet we're going to like 160s, right? If the market is making all-time highs. I highly doubt AMD will be left behind, you know Qualcomm and The setup is not as sexy as AMD because you know AMD is that like the yellow lines or MOB line Qualcomm is like already at the top range. So I mean The other thing I mean, it's not bad that's necessary in this range Sometimes it's good because when it's stuck in the range for a while What that means is that it's like it's building energy for a move. It's like It's like, you know building a base Right Before the next attack. So sometimes it's good to see like ranges like that when when you see ranges like that we're just like It could go to Sometimes it's just building the range before they attack So this it's common strategy in the in the bands Ballinger bands and where we're like you want to see small contractions before it makes that big explosive move What else what are some other really good semiconductors Let me see what's Intel looking like who has potential to make moves. I Don't know if Intel is really dependent on TSM like that, but Maybe a video so but Intel is breaking out actually Intel is actually breaking out out of that the trend pattern here So it could start to run it could go like pew pew pew pew pew pew pew, you know coming back to 68 Can you imagine Intel coming up to 68? What is this? What did my boy he be post? Whoa, there's a stock split calendar. Where was this all my life? Oh boy, oh boy Yo, dude, I legit never knew about this. I can't believe it man. What a bozo What am I doing with my life? How can I not know about this? This is crazy But the only stuff splits that's really bullish is just um is the the company stock splits some of these that are like pro shares these are just ETFs these splits have no bullish momentum behind it because They just naturally have to split due to the price situation They even need to be lower or like they need to be like higher Like some of these short ETFs, I think they need to be higher because the price naturally decays and And these they need to be These long ETF they need to be lower So so that more people can buy in but it's not necessary like extremely bullish Because these are ETFs that that are that are linked to many other things. So it's really really hard to move these More often than not So not much bullishness to this So only this one is a good one What is that this whole week? How are we looking at this? Is this for the whole month? How is this filter out? But that's good that you found that though really interesting What's up CG? Oh Yeah, I mean You could do that as well, you can you know, you can pick up SMH or SOXL if you're doing shares Hopefully you're not doing calls on those because calls on these ETFs are usually pretty crappy It's like playing calls on spy and and you're not moving as much So it's kind of kind of bad I mean I was doing shares probably do SOXL You're leaning on the bullish side because if we're gonna move we're gonna move higher rate It's gonna go from like 53. Oh, it's already up $10 from the bottom. Sheesh We're gonna move higher probably go from 63. I mean 53 to like our 63 to 73 If we're thinking in the semiconductors just think of the big ones like NVIDIA Right NVIDIA kind of like A&B coming back to the MOB line 257 it's really touched that line So like you have over here where last time it touched that line kind of like that big move up Same thing over here. We're almost touch the line that range after a strong move. It moved up, right? So It depends, you know, you never know what's going on Yeah, you definitely need to brace for a volatility I mean for me personally, I like AMD as the semiconductor play, you know, I like the company And it's it's it's it's got hype. It's got, you know, it's got Options liquidity. It's easy to play There's a lot of premium in there. So you're not likely to get wrecked as much So it's been it's been good But if you got big money big boy money and you want to gamble hardcore you can also play NVIDIA as well Yellow line yellow line is the MOB line MOB is It's like mobs man when they hits that line, that's like the mob defense You're either hitting a bunch of people holding that defense or you're gonna, you know Or get rejected by a bunch of people. It's like the wall bro. MOB line is like the wall You run this in the wall, you're either gonna break the wall because you're so strong or you're gonna bounce off that wall And MOB What else? What are the semiconductor you got? Somebody mentioned SO before something or ON ON? ON semiconductor. Yo, what's that new semiconductor you guys are talking about on Wall Street bets? I can't remember It's like $11 or something or $16 there's been a lot of talk about it lately. Let's go back to some earnings pow pow pow Pop-up house as they 2022 still gonna be a good year look forward to opening our new state-of-the-art Wisconsin plant this summer Whoa You would think That gun sales will slow down and that they wouldn't be looking to open new facilities, but they're like nah We're gonna make more guns So this company's been getting beat up a little bit coming back down a lot But they've been having really good sales American Eagle also raised their four-year guidance 23 Sales expected to be at 5.8 billion as opposed to 5.45 So wow, they said they said they're having some really great quarter making the buttload of money Seeing huge recovery pre-covid the company was down to $18 After COVID the company was down to $7 Now was that $23 coming back to all-time highs of 29 almost or even went as high as $40 at some point Jesus is American Eagle still as popular as it was back in like 2000 and and and like 18 or 2013 is are they getting back to popular again? Is it like? I'm not gonna give me no cookies Wow, American Eagle kind of reminds me of back in the days When you go to like think urban outfitters website What's an urban outfitters? There's some company that like They would have like hipster people on there It'd be it's like a hipster brand and then sometimes you have girls with like it just bras Haha, no, I wasn't in the it wasn't a HR. I'm not sure if it's the 200 It's definitely not 200 for me. It's a combination of things But if the 200 works for you, then good for you guys That makes sense Aeroprostol, aren't they still around beyond new hope. I guess beyond me has been running the last three four days, right? Then they have some deals on like with Taco Bell that carry them Looks like they're coming back. There was a big pattern here. There's a big trend line going here Where they've been struggling to break above so they can do it This could you know could be a potential breakout reversal play here So this isn't on the weekly chart. It looks like it potentially be a weekly reversal. What's up, Mass appeal? Hey doing. Oh really? That's interesting. I thought they like Yeah, I thought they died a few years ago, but it looks like they came back Could probably take a look at tesla Wow, look at this beyond meat chart on the weekly Hmm. Yeah, this could potentially be the reversal if we can break above that line here So if we can break above there Um things are on 71 dollars That could be you know Big moves could be big moves So daily is still chopping a little bit, right? Um, so It could could possibly do something like this Where it's just chopping chopping chopping and boom Um, you know just chopping chopping chopping and then boom probably a good area to to take some like Long term long term like call positions or something Let's take a look at tesla tesla charts getting a little busy drawing too much stuff on it Hold on. I need to delete a bunch of these things on the chart I need to clean up the chart So tesla chart Has been pretty flat the last few days Take a look at the 48 minute So two patterns here. Um I would say the most important is probably this this line here I'm going to make this line red so it can be ugly Let me make it like magenta So I make that red line kind of red and ugly in a way So we know that's kind of like almost like, um Essential magnet Um, because you can see how it magnetizes these areas here. Um, it's a good magnet over there in here Um, and also kind of here as well. Um, then we broke up above came back down to this magnet area again Um, so now we're we're kind of in that same area Um, typically when it breaks above we're pretty bullish. We back test it Um, we were supposed to hold this ground here, but it didn't didn't hell So we came back above again. I think as long as we're above this line We should be able to maintain bullishness. So possibly a move back here um to 10 30s And and if 10 30 area is okay, we we could potentially, you know, come back to 1200 but Tesla is so erotic, man. It's like It's like a crackhead. Tesla is like a crackhead, you know, like it's like kind of kramer from from from from um Steinfiel that's what tesla is man. Tesla is like kramer from from from steinfiel You know, it's like a crack. How can you predict the move of a crack? You never know when you're just gonna go boom just burst us through the door, you know Like I don't know where you could be you could be eating a sandwich. You'd be sitting in the couch You could be making love bro. Just booms right through the door. You know, that's tesla So you can have all these support lines these resistance Um, and it it looked like it could hold them or it could, you know, eject them But sometimes it just does whatever it wants. So So, I mean, so take take it lightly Of what i'm telling you. I think the best way to play tesla In my you know, in my perspective is to have these crazy targets So like for example before tesla made this big move up, right? I had that target there For this range to play looking at the 1200 dollar range Um, so if you think, you know, if we think it's gonna come back down Right, um, then our range is like around 9 30s 9 40s So just kind of be mindful of that range And if you're going to play only only look for the big moves, right? Taking lottoes at these ranges of like, you know, 900s or whatever over here 9 50s So That's what I think of tesla. It's either going to come back to 1200 in a week or two Or come back down to this range over here Hope that helps man Monster got the doji today and the one day in your swing system and an mm signal on the one day in that four hours So post this card here. Oh, yeah, micro strategy. I'm sorry ms tr Ever tell you how how this company is trash Imagine this was a company trading around this hundred dollar range for the longest time I Mean um on the system, uh, based on our swing System and our, you know courses and stuff This is the perfect setup. You got the you got the reversal pattern on the half day chart Over there got the money signal The mmbi signal over here So that's a good area to go along and that's signal printed on the doji too So that signal didn't even print after that signal printed way early What was that yesterday? What the hell Why didn't that signal print so early? It must have been some flow Was there any flow? There's some 8x a bunch of calls Whoa, what the hell? There's been a lot of flow Dude, there's a lot of flow man No wonder A lot of call flow a lot of put flows over the place so going over um What you asked before So we so it was um, it was getting very over so Or getting close to being over so on the daily so you could start watching it look for on the intro day Looking for an intro day. We saw the reversal pattern here got the confirmation this morning Um, and we already started getting to move up So the first target would probably be 526 And then second target would be over here around 560s This first and second target kind of aligned with the daily target as well 560s Um, if all goes well, you know, we could potentially see move back to 650s But you know the premium on this this ticker is very very expensive very very high um I hope it works out because this is a hard ticket to play in terms of um calls options and premiums The liquidity is tough you know, um, but With that said we also got to look at it, um Bitcoin as well, you know Um, we got to look at btc as well So bitcoin is also printing like almost a reversal possibly like building a cup here Right, so possibly building a cup, which is also another reversal pattern Like a long-term reversal pattern So we're heading short term resistance right here So it could be a potential fake out So it's good to it's good to see the pattern and confirmation on the monster I mean not monster on micro strategy chart But you also got to be mindful of um crypto of the actual underlying derivative that Mstr would be base off, you know, which would be the btc So btc looks like it's potentially hitting some resistance over here on the purple line Um struggling is setting up this half a cup Um, but hey, who knows who knows who knows man What if what if this cup drops right and the cup doesn't happen? So Best case scenario we get to move back to 44s. I would love that as well. I'm with you man. I want that to happen So that's an intraday chart on the daily chart, you know, we would love for for it to maybe set up the inverse head and shoulder Um, you know, maybe maybe move back to over here range 46 Um set up that first head and then, you know, set up a secondary shoulder to back test come back to 52s um You know like a shoulder here Back test 52s and then, you know, continue to finish the top of the shoulder But with a higher high at 71s Um, that would be great, right and on the bigger shoulder too, of course That's that's the best case scenario So we're seeing the bullish setup on bitcoin as well But we need to break over on the half day chart So we've got to watch overnight to see if we're gonna break over on the half day chart that we're talking about before So we've got that got a good mm signal here too though But watch out for this break. This break is gonna determine it Did you really take the position? Um, ali, that's true man. That's true Yeah, I mean, I think the other thing we can play is um Like you can there's so many bitcoin tickers that you can play as well, you know from riot to like So riot is at some good bottoms as well Um, this morning I saw a good move on mogul mogio So this is pretty low as well another bitcoin related ticker Oh, what kind of push threat did you guys do? Can you send me a link? Isn't wouldn't that be bearish? Wouldn't that be anticipating bitcoin to go down? Or chop at least Oh, no, don't send it to me then Mogul is killing you. You must have mogul at some crazy high prices, huh? Did mogul do any offering? So I know they're like a big canadian company, eh? They must have done some offering for them to come down this far Oh, 450s, you'd be okay It'll probably chances are you'll probably come back to 450s Unless unless you know unless crypto dies obviously Um, but as long as crypto and bitcoins alive, it'll probably come back to that 450 range You could easily get outbreak even I don't see why not I mean, I can see why I can see why time Hawk would be Um, bearish on crypto Uh, I mean, I I I'm not 100% sure I Assuming that You know, he has like a similar perspective As me I guess he's looking for us to come down a little bit further to this trend line move to maybe like 37s And that's probably why He would be bearish on Um, riot I think what's the what puts birth do you guys have? So I can see that, you know expecting or maybe expecting the bitcoin to make that double bottom move But I like this trend line move the most so Let me show you I'm talking about in terms of the trend line move here So let's keep this pattern in check, right? So expecting for this pattern move to come would probably bounce at the $38 area if we chop there um Holds down 30 17 dollar puts Oh, this is bearish This is like So this is like Expecting it to stay bullish this week To psych or just stay above 17 this week to psych everybody else and then Just dies Anywhere from now to february 4th Oh, that's big bearish. I think that's the big bearish It's just strictly based on Oh, maybe he's not even maybe he's just strictly based on the riot chart. I'm not sure Um, so if if bitcoin dies, but I think I think all the crypto ticker is going to base on bitcoin I think that's where the main thing is going to be So if bitcoin dies, I could see it potentially come back to 30 000 like I said this before like I'm not buying until we hit 30 000. I'm not buying that. I'm like I'm not gonna fomo back in again Into my crypto portfolio. I'm lucky to be where it is at today I don't want to be blowing any more money But I think if bitcoin dies to the 30 000 level. I don't think riot would be at 17 dollars though um, so let me see So this chart is a little bit different because riot did a lot of offerings so If it dies I would probably say oh It's not a big support here, man um, if riot dies I don't think I don't think the 16 17 dollar level whole I think if we die, it'll probably come back to this 11 dollar levels Um, because we have to account for the share offering. So all these levels are pretty um, it's pretty useless So I would probably I would probably just expect it to flop through some big levels So if bitcoin would have gone to 30 000 we would just flop right to this 10 dollar level if bitcoin flops to like You know further than 30 000 or flop to this three four dollar level I can see why he he wants this area though Let me go back to mogul. I think this is still a pretty good opportunity though they just made an offer to pick up some position with um With this other company for nft. So everybody is trying to get into this nft space Um with the metaverse and things like that. So that's that's a pretty cool Um situation that could pump a lot of the stocks I think another big one is coin. This is probably a good area to go along Oh, oh, dude, you know how you wanted to go along on Micro strategy forget it man forget it go along on on Coinbase this is the one I'll tell you why too Um, just because coinbase the liquidity is amazing, dude The liquidity is amazing Um, and I mean look at this support level right here. Look at this support level, baby Oh my gosh Right I mean I mean damn Hmm Look at the support level It's like looking at a girl on bikinis, man Mmm. This is like eating a good steak. Mmm. God damn Look at these levels. I like it So, I mean we also finished the head and shoulder too. So a little bit head and shoulder here The bottom of the shoulders usually always a good area to to look for a dead cat bounce A steak eating a steak while watching the bikini contest Mmm That's where at right now. That's the move eating a good tomahawk steak Oh my gosh Is this move gonna happen we also have this possible downtrend as well Let's switch the color back coin doo doo I used to hate coinbase I used to I used to I used to hate this company um until Until they announced that they were getting to nfts Coinbase has earnings on the 10th Yo, you guys remember last time when we played the earnings of 360s Oh my gosh, and when they announced the nft thing That was crazy I thought they were gonna go to 400s, man I took I took a bunch of uh I took a bunch of uh cost of 360s last time. I don't know if you guys uh, I don't know how many of you guys were first on that So we hit it. I ended up holding the other half I thought we were gonna. We thought we were gonna hit to 400s, but god damn didn't happen. Let's set up a play for this. I like this um So so far we have this range here to do to do So if we move up, I think we could potentially hit this range around 260s um How or when we hit 260s. That's the real question So we have earnings on February 10th Oh, I feel it man. If Bitcoin moves I think this is gonna be this is gonna be it. This is gonna be our big money 260s too far out too far out I think we're gonna go to 260s. We wouldn't even go that far out I feel like we even happened the end of the month Let me let me look at this. Let me we assess Let me think So we're over here. We're at the secondary move here. So one two, three four five It took about five days for that move to happen So it took five days for that move to happen um That move happens in five days Then this is probably the ideal play um That move happens in five days We'll be profitable anywhere in that range too. We'll be profitable anywhere in that range Uh, we'll be profitable even at 276 range Wow Holy smokes Look at two to three hundred percent top of the pattern is 260 The bottom of the area is two fifties Even if it's the two fifties will be a hundred percent And that's just on this friday That happens by next friday This is the other play So I think there's two plays here. I think if you want to do it for a further out You want to go lower and create diagonal? If you want to go shorter for next friday You would do this um and look for that move around here Look for that move. That would take you, you know from 170 dollars To 170 dollars to 700 dollars almost Um by friday if we get a move to 260s Now if we don't get a move to 260 by friday, we'll have to next week for that move to happen um I mean, yeah, you can also go you can also do a diagonal to 257 as well to look for more opportunities to Even 255 so that's it's a reasonable risk and reward Um, I think I mean depends if this friday if this leg expires worthless Um, the next week you can also, you know, you can try to sell You can either roll it out further, you know, or sell another leg against it possibly Could also do this as well, you know, depending on when it happens This is probably the best idea Um, you're paying a little bit more money, but you have another opportunity to sell the leg again Um, next week if the move is taken longer than anticipated Or you could always close out monday and open the higher leg to 270s too So it's multiple ways, but I guess this one the best Let's get play we'll talk a little bit more about it later QZ says I'm thinking about opening 100 shares in adobe and strangling it. What do you think? How how are you planning to strangle it? Sell call options and buy put options I don't think you need to do that. I mean that is um There's actually a strategy for that That's a thing. That's called like a put caller or something But if you're bullish on it and you want to pick up 100 shares Um, then all you got to do is just sell shares If so, this is another thing that I do Um, and it kind of locks in a huge revenue So what you could do is um, let's say you're you're bullish on the stock fundamentally But you anticipate like a bigger crash in the market at some point another right? So for example, I did this with one of my other favorite tickers that I like holding for long term So that was zendes and last year we had this huge run up to like to like 160s I end up selling I end up selling it around 140s. I think somewhere around here So I end up selling call options when it was like 140 dollars and what I did was I sold the call options at um at the tops here So kind of like over here. I sold end up selling like 90 something dollars call options So 95 dollar plus call options And I just sold it one year out Right Now when you do that sometimes you can get um, you can get a simon They could take it away from you But if they don't take it away from you then you're protected for the whole year And you get the time premium on it for a year as well, right? So when it was like 140 dollars, I end up selling 95 dollars um I end up selling 95 dollar call strike against my my position And my cost average was like super low my cost average was like in the in the low like the mid 60s or whatever And and I like the company. I thought it was going to be a good long term But I expected a pullback in the market at some point another and which we eventually kind of got here, right? So they were actually 121 So now I'm going to have another chance either, you know Buy it back next to worthless or roll it out till 2023 um At the next support level, which I think could be potentially like maybe 86, you know Um, or I could wait for the bounce and and then just do it again If I think you know, if I think we're going to bounce again I'll sell something lower, you know after we have a nice bounce and just lock in that premium for the whole year So instead of buying the put option, which is what you're going to try to do Um sell call option and buy a put option You can just strangle it like that. You can strangle it by selling away under the money call option And that will protect you against any downside That's pretty much it. I'm going to end the stream here. We'll be back here tomorrow around 4 p.m Um to look at more earnings check out kb homes If you guys are in the earnings challenge Don't forget to look for opportunity to take profit at 100 tomorrow If this is if this continue to stay above 42 or 43 dollars And and we'll see what we do with delta and tsmc tomorrow. Maybe we'll close them if we have a nice run up before market close Um, otherwise we'll hold and we'll gamble through earnings and we'll see if they make or break our accounts, man Good luck. Thanks for hanging out and stopping by um and sharing ideas. I appreciate you guys. Have a good night