 What we want to do is concentrate for names, again, that haven't exploded 7, 10, 12 days in a row. We want to look for names that are, again, coming off the bottom. And there's a lot of really good names here. Look at Peloton, right? Peloton had this really, really big move. 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. I hope everybody is doing well. Just a quick, shorter update today. My daughter has another soccer game. I can't remember which one it is, some sort of a playoff game. Anyway, guys, so let's kind of get into it. So from the macro point of view, we just want to understand where everybody is. Again, we reclaim the 50-day moving average at four days in a row. And again, not necessarily four days in a row buying, but more important, four days in a row of building. That's the most important part when you are building off of a level. The more price action that happens above the level, you're going to get more and more stocks that are going to be pulled up over that level. And that's exactly what we are seeing here. And even though it's not maybe a full, blown, linear move right now with $7, $8 in a row, you are still seeing the big, linear players that had big, big moves at confirmed levels doing their thing. We'll get to this guy in a second, right? We'll definitely get to this guy in a second. Tomorrow, well, actually, let's start out today. So you have Facebook came out with earnings tonight. And if you look at earnings from Facebook, they weren't great, OK? They weren't. They were less than great. But as the headline read, they weren't as shitty as people thought. OK, right? And the fact that Facebook already has gone from a pretty big move, and again, there's a lot of baggage going on right now with Facebook. But the point is, Facebook has gone from $384 all the way down to $318. At some point, there is intrinsic value there. And so far, after the initial push lower, the bulls are starting to build over the level here. Now the key for Facebook tomorrow, if they can't sell off the stock and reclaim this top of supply here, hey, maybe even them is especially with kind of the euphoria that's kind of starting in the market again. We'll get to this guy in a second. But with all the euphoria that's happening tomorrow, we can actually see, even though Facebook hasn't had the greatest quarter in the world, we can still see it start pushing higher if it starts reclaiming this area here. And if you look at the after hours high, or all correlates pretty aggressively in the same area. So we have to watch for that. And if you look at the cues, and this is kind of gonna be a segue for tomorrow's session, if you look at the cues for tomorrow, and this is the area that we kept on talking about, you know, we finally reclaimed not only the five day moving average, not only the 50 day moving average, we finally reclaimed that 777 level. So we only have one more area to get above to kind of have a little bit more daylight. And that's that 379, 380 level on the cues. Now what's gonna propel us to that level? Well, we got a slew of earnings coming out for tomorrow. Okay, when I mean to slew of earnings, we have a slew of earnings. We have Microsoft, right? We have Microsoft, we have Google, we have AMD tomorrow that we had a lot of, we've seen a lot of 125 and 130 short-term exploration in there, took out 52 week highs all-time highs today. Twitter is for tomorrow as well. You know, companies like General Electric and Visa and everything else in between, but the point is technology. If technology starts confirming, especially the macro levels on the cues, everything is gonna get pulled up as well. So it's very, very important. Now let's get to this guy right here. Okay, so for all you guys who've been watching the broadcast for, you know, let's just say even two weeks, right? Two weeks worth. Tesla again, did not break out, Tesla did not break out at 900, okay? 900 was the absolute highest close in the whole formation. I think that's very, very important to understand, okay? So that's the difference. Tesla closed at the highest level since, let's see, let's go back to the weekly chart. So it closed at the highest level since January the 25th of the start of the year. Why is that significant against the highest close in the whole formation? Now, if you guys watched the video, I talked about, I thought this week we had a measured potential 930, 950, right? Ultimately, I think, you know, maybe gonna test a thousand next week at some point. After all, we've seen some really, really aggressive order flow come in for this week. We saw the 900s, the 920s, the 950. So I thought the 920, 950 area was a realistic thing. When I woke up this morning, and again, sometimes it's hard to sleep, but when I woke up this morning and I saw Tesla 930, I go, holy crap, it's a 930, right? It's literally at one of the first areas of supply. Because if you look at the first supply zone, I don't even know if it's gonna even correlate here. Yeah, if you look at the first supply zone, you see this right here? This 927 and this 950s area, that's what I meant about 930 and 950. So I said, oh, wow, 930, this is great. And then 30 seconds later, you just started seeing headline after headline after headline. Number one, Hertz ordering 100,000 Tesla cars. You saw Morgan Stanley come out with an upgrade in price target from 900 to 1200. You saw, what else was there? You saw a price increase in certain models, forgot which one they were. And they exploded the stock again. It went to the 950s. And I said, and I turn around and I said, I started talking about a lot of people in the webinar. I said, holy crap, Tesla literally has put, forget about what it's done today. But literally Tesla has put in, literally let's see here, $85 move from the 870 pivot when it reclaimed its earnings highs, confirmed 878 closed above 900. And now it's literally put in a whole week's worth of average true range pre-market, right? Pre-market, yada, yada, yada. Apparently that wasn't the high of the day. Tesla absolutely went nuts. We saw, we saw, I mean, what do we see here? We saw 1,020 weeklys, 1,050 weeklys. This is when the stock was still like 970s, okay? So Tesla literally put in basically about a week and a half, two weeks measured potential in one trading session. If you're still holding a runner, God bless. That is absolutely phenomenal. I can't think anything better than speculation money really helping out a lot of traders, right? People were in Bitcoin, you're going absolutely nuts, Ethereum, going absolutely nuts, Tesla going absolutely nuts. Forget about the other names, like NVIDIA still holding up very, very well and AMD holding up very well and there's still distribution and a lot of tech names, but it's so damn cool. And again, I know a lot of you guys work so hard to kind of stay in the game by your time, extend your shelf life until you really understand the nuances of all the moving parts of this business. So it's kind of cool to get one of these things from time to time. So that's awesome. I really, really think that's incredibly well, but at some point when you start talking about, when you start talking about objectives, right? And price targets, look, again, I thought it was gonna go to 9.50 this week, okay? I did not think the damn thing was gonna go to 1,050 today. So which makes it a little bit tricky today, which kind of makes it a little bit tricky for tomorrow. If you have a runner for tomorrow, God bless, this has nothing to do with you. The stock could come in $40 and still be good. For all you guys who are flat this thing, obviously, if there's any dip, God knows if there will be, whether there's any dip on this thing, there definitely has to be bought on those dips. What's going to be very, very interesting about this name is, well, how much can it stretch, right? Obviously, all the areas, all the price targets that anybody in their wildest dreams could possibly fathom, that's off the table. Is it possible it gets to 12, 1300? Absolutely. When you look at the options market, guys, I'm telling you, for all you guys who don't have an option flow, for all you guys who don't have a flow, we saw tens of millions of dollars in premium bean bet. This isn't Wall Street bets or some sort of blah, blah, blah alert service. These guys were coming in, and not for short term expiration, a little bit longer. Even some leaps two or three years out. But I saw $1,500 calls. I seen $1,800 calls. I seen $10 million bets on this damn thing. So again, Elon Musk, what are you going to say? Again, you could hate him. You could love him. It is what it is. The scoreboard is the scoreboard. And again, for all you guys who are lucky enough to stay in this thing, congratulations. You won, OK? You won. Don't think for a second you didn't. You won. Congratulations. Go have a smile. Have some ice cream. Whatever your drug of choice of alcohol is, but important, just enjoy yourself. Now the key is keep your money, right? Use the previous days low as you stop if you want to give it a bigger leash. And tomorrow, if you want to have a shorter reach, use the previous 60 minute low as your max pain. But again, the point is keep as much as possible and move on to the next one. Going into tomorrow's session, obviously, all eyes again are going to be on technology earnings. But what we want to do is concentrate for names, again, that haven't exploded 7, 10, 12 days in a row. We want to look for names that are, again, coming off the bottom. And there's a lot of really good names here. Look at Peloton, right? Peloton had this really, really big move a couple of days ago, which I missed, but here's the count of where the kicker is. It stopped right at the 50-day supply. If Peloton can confirm the 50-day supply, and especially in this environment, look at the next supply zone. There's a lot of potential in this thing. Look at a name, for example, like First Solar. Not something that looks like a tight consolidation, but the solar names have been kind of odd birds for years. They've had so much juice to kind of really get them going. This was the one that really stands out and has stood out over years. Keep an eye on this thing over the next couple of days. If this thing starts attacking this top of this channel, this thing can wake up as well. Even a smaller name, right? A smaller name like DNA, which I don't know anything about. The reason why this thing caught my eye, we started seeing near-term expiration for the end of the month, end of the month, and November. I believe it was $20 calls. Please correct me if I'm wrong, but I think I saw $20 calls on this thing. Anyway, keep an eye on this thing. Really, really good channel as well. And a name that has nothing to do with technology, but looks really good. You guys see the common denominator, right? This is NUE, this is a steel stock. First close over the 50-day moving average. If this thing can confirm the 50-day moving average, maybe it starts its next leg up. But before I obviously attend the idea, make sure you know when they're reporting earnings that you don't get caught in a surprise earnings announcement. But definitely going into tomorrow, we're definitely bullish. Again, the longer we build, above the 50-day moving average, the better. This 279-280 level used for a reference guide as a possible closing basis to see we can finally get above the daily supply. Tesla, obviously, on all dips on that name as well. Square, I like. NVIDIA, still seeing size. Talk about NVIDIA. NVIDIA has been on a monster run. Oops, NVIDIA has been in an absolute monster run ever since it broke above the 214-50-day moving average. And it's broken out at all-time highs. We saw ridiculous amounts of 235 and 240 weekly call buyers and for next week as well. And again, if this thing starts to really still grind higher, we could see 241, 245 ahead of earnings. So guys, sorry to cut this kind of a little bit short. I got another sider game to go to. Dad's life is never done. Guys, have a great night, everybody. God bless, again, congratulations. I think that's awesome. And with God's help, we'll see you all tomorrow. Take care.