 crazy kind of day the market actually according to the to this the market didn't look bad bad if you guys are looking at spy you know it looks bad it looks bad nasty drop bro I actually got to we balance my account so give me a second let me um let me put you guys on hold second I gotta we balance some position just kind of we balance in some positions in my portfolio stuff I want to sell and stuff I wanted to pick up so I talked about this a little bit yesterday crypto markets down to but um we talked a little bit about this you know from from the perspective and market outlook and you know I said that this was a big possibility that we could drop and we talked about this on Monday as well for those of you guys that was here so it's not like it's not like this was on for same circumstance you know we saw this coming to a certain extent posted in the market outlooks and x-trades on where I thought the outlook was gonna be let me see if I can find that and things are kind of coming out to fruition and you know as much as I hate to see it come out it's a natural occurrence you know it's we were we were so bullish for so many days that it's really honestly only natural for it to you know to be coming down like this and I said yesterday that you know for people that thought this was a joke you know for people that was buying the top and just thinking that that things are gonna keep going up they were nuts freaking nuts bro I said that man why is the screen so much smaller there we go that's how the screen should be looking somebody mess with the screen hold on let me just and we have so much people that died today but you know we talked about this in the market report you think it's the worst day we have since 2020 probably probably it's reasonable that's reasonable I guess but you know we talked about how like the rejection was was setting up on the cues on November 29th so what do we have now so that was Monday November 29th and we're family flooding it down to this level over here almost so we're getting pretty close to the buying opportunity let's look at the updated version of this chart I got some buy the dip opportunity to pop it up oh look at this look at this so financial sectors are hitting that buy the dip line right there that was looking for so that's pretty juicy we like that spy almost hitting the bottom the range at 448 so it's at 450 right now it closed at 450 today so we're about a few points off that ideally would love to hit that range I don't know if we're gonna hit or not but this is a good area to start nibbling and start picking up some small positions the techs the tech sector is still not not like down to that area that I would ideally like to hit so the to super buy the dip area for tech sector would be like around 374 we're not necessarily close to that yet but it would be nice if we did get close to that you know we did get the rejection we are hitting that second level support looking for tech to hit the third level around 385s I think they could possibly follow through with tomorrow because there's still a lot of tech stars just really really strong but then again we're just talking about the new COVID right what is it army crown army crown I don't know I hope I said it right you know so a lot of the tech sectors are kind of strong it because the you know it's it's more of a supply chain issue than then tech issue but I think there are a few company that could benefit a lot from it and then they're gonna be a few companies just gonna get wrecked from it so look to see that let's check out the earnings for today so we did play some earning stocks we play some crowd strike lottoes for today so let's see how that play out see if they post it yet so I hope that gave you guys a little bit of idea of what's going on and stuff got a lot of earning that came out today excel mobile said they can double their earnings by 2027 bro that's a long time away five below came out looks like they had a pretty good earnings EPS is 43 cents I suppose it's 29 cents they're up about $8 after hours sales is 608 as opposed to 563 this is a 19% increase in EPS compared to last year and 27% increase in sales compared to last year where's the company trading at last year it was trading around $157 $158 so it's up from that pretty reasonable I guess what else reported today okay TA also reported the snow reported to yes it did we'll get to that in a sec so okay TA reported EPS negative seven cents as opposed to negative 24 cents so that's actually a really good beat sales is 351 mil as opposed to 327 mil however though this was a 275% decrease compared to net positive earnings of four cents and sales was a 61% increase compared to the same period last year so I'm not sure what happened there they might have spent more money or something and that could be that could be a driver that you know that caused the EPS to go down so much but hey at least they they they perform a much better EPS than anticipated so last year the company was trading around 230s right now it's going down to as low as 180s I'm guessing at some point it's gonna be a nice buying area I mean we got a little support around 185 so it kind of broke under that next level was like 174s and then after that it's probably gonna be somewhere around that 140s range I don't know if we'll get there but that would be an interesting buying area we'll have to watch this tomorrow check it out see if I think a little bit more into it to see if this buying opportunity so they're saying for Q4 they're looking at negative 24 to 25 cents as opposed to 28 cents so not gonna do as good as this quarter sales is pretty in line and then full year they're looking at 53 cents as opposed to negative 74 cents sales is pretty in line so guidance isn't like super strong but pretty decent could be a bullish move for them eventually let's check out Splunk oh oh my gosh so Splunk another cloud company I know we were looking at it earlier this week hey what's up man so he said Zerr says that I got people that can that can be worried about COVID but even if they will be locked down or something wouldn't that make companies like PayPal Facebook and other more money that's a great that's a great thought and I think that's a possibility as well so that's why you know I posted it here that City Bank and PayPal could present really good buying opportunities I really like some of the news that PayPal has been rolling out so a little bit bullish on them we'll probably look to open a spread go a little bit further out on PayPal tomorrow just because I think they they have a good chance to recover and stuff like that so Splunk reported earnings oh this is ugly bro this is disgusting man what a drop so it drops in 90 dollars real quick and then huge recovery so let's see what they said they said earnings per share is negative two dollars and fourteen cents down from a dollar 26 down from negative 126 year over year sales is 664 million as opposed to 650 mil estimate it says compared to last year this is a 69 decrease over losses of negative 126 per share from the same period last year sales is about 19 increase so the sales cannot justify the increased costs and other stuff that they're having and then on top of that they guided Q4 sales to be weaker than estimated they're looking between 740 to 790 as opposed to 834 and then the sales is somewhere between 2.5 to 2.6 as opposed to 2.8 so it's it's been uh it's been a downhill path for them man really really struggling here at 110 area support right now um i don't know what to say i don't know what to say they're coming to like pre-covid levels i mean after covid levels they're coming to as low as when covid hit them i guess 90s is a buying opportunity i guess a lot of people there's probably people that had orders around the 90 dollar range and that just saved them it pumped up so fast there didn't square had a big move yesterday didn't square ran already well i'll see you guys looking at it so let's let's check out crowd strikes earnings um crowd strike earnings per share is 17 cents as opposed to 10 cents um sales is 380 mil as opposed to 363 so pretty good earnings on on crowd strike top and bottom this is compared to last year this is 112 increase compared to the earnings of 8 cents um and then sales is a 63 increase compared to last year cyber security for men can only go up um last year stock was trading around 140s right now is trading around 200s it's been running down pretty hard um the last few days uh for no reason whatsoever so 140s i think we could value them at like 224 is easily so at this price point right now it's pretty cheap on a two-year basis they're trading around like 62 prior to covid um i don't think covid really did anything to them because their cyber security firm can only go up they add over 1600 net new custom subscriptions deliver bracket operating a free cash flow net new a r r growth accelerates just great quarter overall man i'm bullish on crowd strike a lot cash flow is 151 as opposed to 88 almost 100 increase there highlights oh looks like they acquire a company that's probably what's been holding them down usually when they acquire companies it um it weakens the stock price so next quarter they guide it up to point 19 to point 21 versus point 16 sales is 406 to 412 as opposed to 400 uh full year 22 estimate 57 to 59 as opposed to 47 sales is 1.42 to 1.43 as opposed to 1.41 so top and bottom beat guidance is up you know top and bottom as well pretty bullish overall what's up man what's going on buying opportunity is almost here i'm pretty sure and we talked a little bit about this on yesterday's stream so i think today around this 451 450 areas interesting areas to start um a mini position i'm not saying to go deep i'm just saying to get area to uh to nibble what is this what is this oh snow why snow up so much snow reported q3 eps and negative 51 cents as opposed to negative six cents sales is 334 mil as opposed to 305 mil um it just does gain back everything they lost today so today company opened around 345 it went as low as 306 and it just gained it all back that's kind of weird oh that was the big wick on spy who who put an order in for that high actually i don't think that's an order somebody put in i think that's an assignment oh that's so sexy man good job made 45 000 or 4500 very nice why snow up so much after hours so snow says product revenue of 312 million representing a 110 percent year-over-year growth remaining performance obligations of 1.8 billion representing a 94 percent year-over-year growth 5 416 total customers net revenue retention rate of 173 percent 148 customers with 12 month trailing 12 month product revenue greater than one million dollars nice looks pretty good revenue for the quarter strong growth i wish they would make that thing fat bigger they're finally starting to see that big growth i remember the last few quarters they were growing very very slow as opposed to the price of the stock let me see how was the stock price compared to last year's oh last year company was trading around 292's IPO around 220's so we're now trading at 350's it might have that run to 400 again at this point if they're reporting like 100 revenue growth and all these other good things but i don't know how bullish the market is for that though they're still trading at 100 times price of sale so that's pretty big there but if they can play catch up i'm sure it would be good for them pop up last good for you man viva system q3 also reported earnings for sure is 97 cents as opposed to 88 cents sales is 476 million that's supposed to 465 it's pretty good top and bottom beat 24 percent increase compared to last year's and 26 percent increase in sales compared to last year's the last year company was trading around 270's it's actually down from last year's it's actually stock is trading around 260's right now down 11 dollars from last year's down a little bit after hours but it looks like they said they're doing much better than last year's so compared to last year they're up 26 percent what's the guidance like guidance is pretty strong too so if you guys into cloud company if you like the company could see some buying up between a next support around 240's damn so many cloud companies reporting today zora also reported as well two cents as opposed to negative two cents as opposed to negative three cents sales at 89 mil as opposed to 86 mil hundred percent decrease in eps compared to last year lost one cent more money compared to last year 15 percent increase in sales compared to last year's company was trading around 11 dollars right now is at 18 so price has appreciated much more than the sales guidance is pretty in line too so nothing big here could see that triangle pattern play out over here elastic also reported elastic reported earnings for sure negative nine cents as opposed to negative 16 cents that's a beat sales is 206 supposed to 194 it's also a beat top and bottom it's however it's 200 decrease compared to last year they lost more money um and 42 percent increase in sales compared to last year wonder what's causing all these decrease in margins because a lot of these companies they're like they're they're making more money compared to last year's but they're they're having decreased margins somewhere it's kind of odd pvh this is the company that designed and market brand and peros in more than 40 countries they make stuff like calvin kline sami hill figures maybe they're paying employees more i'm not sure maybe it's just office office expenses i'm not sure it's kind of weird i don't know what's like what's causing a huge increase let's check out how this company is doing pvh earnings per share is $2 and 67 cents as opposed to 207 sales is 2.33 billion as opposed to 2.41 since earnings per share is 100 increased compared to last year and sales at 10 increase uh last year the company was trading around 80 dollars prior to covid the company was trading around this 105 dollars i feel like feel like supply chain issue might be a big issue for them it says they raised their guidance from 8.5 to 9.25 um for the full year damn that's kind of bullish oh i think that's just from this quarter they just raised it from this quarter so this they had an unusual good quarter and they probably expect the next quarter to be in line oh that's a good point maybe that's what it is maybe maybe they gave people money that's true that could be a good idea but is that really a big increase like that though did the pay go up a lot in um in the tech field as well are developers and engineers and stuff more in demand software engineers everything is in shortage yeah i'm gonna take some requests to chart and look at a bunch of stocks in a little bit yo and you know what that's still not that much because inflation is up like 50 percent if you think about it right like inflation is up like almost 50 but salaries are only up 15 aren't we getting a scam let's take a look at ai earnings and then we'll go a little bit into charts ai is tommy's favorite company so ai earnings per share is negative 23 cents that's supposed to negative 28 still losing money hand over fist sales is 58 mil as opposed to 56 mil uh compared to last year's only 2 percent b actually let me see compared to last year's a 41 percent increase here over year guidance has been great race to to show uh 35 to 37 percent growth so they're they're looking like a turnaround here looking like a turnaround things are looking interesting uh the whole concept of this company is supposed to help like boomer companies catch up to the new tech movement the company is still trading at all time lows hit 33 today broke that super duper support around 44 a while back looks like it's up a few percent after hours due to that good guidance market and closing balance it says it was a 206 to the buy side prior to market close but around market close it was actually 600 million to the sell side but at least we were much better than yesterday because if you guys were here yesterday um yeah this is the first time this is the first time ai is up on er um but if you guys are here yesterday i told you guys yesterday was a huge like selling opportunity because you know we had we saw market imbalance i think it was one of the highest imbalance i've ever seen i think it was like eight billion dollars to the sell side so what that means is that a lot of people are unloading and and i said that i speculate that you know um mms are probably just unloading on retail traders and just getting retail traded to hell the bag and i think they just did that again today because if you look at the market it was up for no reason today i wasn't even sitting there starting to doubt myself because i was like damn um you know i was pretty confident the market was bearish but we had like that huge recovery gapped up um came back to that trip that i mean that double top from yesterday's yesterday's opening price around 463 and look at that 13 point drop man biggest scam out there so i felt bad people got caught in that that was a pretty scammy move all right let's take a look let's take a look at some stocks damn sorry to hear that man nothing going right nothing going right yo oh they had bb bbw had uh earning today the sell and and buying balance is only 600 million to the sell side so not as significant yesterday we're talking about millions today yesterday we were talking about eight billion so it's you know so what that means is that it's coming down a little bit oh this is what happened this is what happened this is why i moved so much so billy bear workshop report record revenue pre tax income in fiscal 2021 the clear special dividend and authorizes a stock we purchase program and again we raises the annual guidance so this is a pretty much like a short attack anybody that is like trying to short them they're they're like trying to squeeze the shorts here anytime a company does a special dividend it's usually to squeeze the shorts so they said they generated about 95 million in total revenue an increase of 27 compared to 2020 third quarter 35 compared to 2019 that's good i like that they reported this number um because they're saying that they not only did really good compared to last year but they did even better compared to 2019 prior to covid um and then they also declared the special dividend gross profit margins is up what is it man shit it's a good quarter what's the special dividend at though show me the special dividend oh so special dividend is at $1.25 per share and they're doing the we purchase of uh 25 million so market cap is 274 25 divided by 274 about 10 percent yo that's a big that's a big move so company is trading on 17 i'll put them around this price 19 dollars and 78 cents it's moved about that but that's why we think they're they at least value at two-year basis they were trading on five dollars there oh this company is still pretty overvalue man i don't know it's kind of hard to we have to really sit there and figure out the math it's coming down it's coming down it's coming down for this company let's check out the charts check out the charts i don't think we die i think it was just a good area we're coming back to the trend line the bottom side the upside is a downtrannel too actually check this out check this down channel i mean if you could try to draw the downtrannel but really it's just the moving averages um you can see where we kind of reject it on the script so oh shit my feet fell asleep so um on the script here you can see like it kind of came back to that's moving average over here around 460 and it tried to squeeze above it to kind of signal a bullishness but it was really a trap and kind of rejected up there and just came back down coming back down to the bottom of the trend line now so okay you can draw this here we're overextended even more so we're at 450 right now although we're down here so i even broke that trend line so even if we do get recovery tomorrow i can see as we covered to i can see ours potentially we covered to like around 459 because usually the bigger the drop the the stronger the bounce as well i'll give you a chance to understand this in a little bit so i'm gonna release our swing indicators uh this week for sure for sure we're in the wrap the flight finishing up our um presentations and stuff so i just got the powerpoint system set up things are almost there um getting getting everything finished so that's gonna be pretty cool um if you guys are x-ray members you know where we're gonna release it we're gonna release on the x-hubs it's gonna be about 250 dollars because there is 252 trading days in the year if you guys can't make a dollar from this this indicators man i'm ashamed right so i'm confident that that you guys can easily make at least a dollar a day from the indicator so that's why i'm probably gonna release it for around 252 dollars or maybe 249 um but it's also gonna come with like 30 minutes of mentoring as well because i don't want to release the indicators just for you guys to like have no clue how to use it whatsoever right i want you guys to be able to understand not just from your perspective but from my perspective on how to use it and and whatnot so that's gonna be pretty cool too but if you guys gonna if you guys stick around to the end of the stream i'm gonna give you guys a deal on that too so let's take a look at tsm took the spy 458 put today at 0.06 and scaled out at $1.50 damn hello sexy bro good stuff good stuff oh the damn thing went over eight dollars what the hell yo i mean you should you should have checked out the stream yesterday we legit called out this number i legit sat here yesterday and i was like i think we could possibly come down to like this 452 451 area so when we were stream yesterday i think it was like 452 that was the target i had to start buying the dip so we kind of came back to that area pretty well um you can also say like even if you weren't using the script you can just draw the support and resistance line too and you can easily define that as the next area of support from here because we had hit this area as a previous resistance so since the candle is above this area before it is now support so that was also a line there too so there's just a lot of confluence there man um cyber ones day yo never seen an option go over about a hundred x in a day damn congrats yo it doesn't happen a lot um so we're gonna look at we're gonna look at paypal and then tsm i got you guys oh yeah so since you guys are here the next a report i'm looking at is probably 447 we may or may not hit there but that's probably where another area where i start adding um position as well so 446 447 there um because ideally we want to where we think the market is more bullish than bearish right but if you're going to start getting in position make sure you're going one month to two months out because you never know if you're going to phase this where just straight bounce or if it's going to be like a chop where it's going to take over a month to bounce like this right because we talked about the whole new covid variants and how that could affect the economy um you guys you guys got to check yesterday's stream if you missed that because i i don't want to go over too much about it i hate me and myself for just repeating anything in general um we're talking about how it could be 60 days of supply chain issues and and all that stuff so let's check out paypal to see the buying opportunity there so paypal actually came up with some pretty good news today um so they said that um they they will offer pay in four which is uh paypal's credit financing option for wix's e-commerce merchants for people that aren't familiar with wix wix is like a web builder um it's kind of like Shopify in a way but just a website version of it and this allows customers to split the cost of a purchase into four interest free payments made every two weeks while paypal's credit offer six month financing on purchase of more than 99 dollars so paypal's also getting big into this a firm space you know a firm upstart all these other companies that are doing like buy now pay later um so i think i think that's a very very bullish thing for paypal and and that's something that i don't think the market has priced in it which means we could potentially see a big big bounce in paypal um however the level i'm looking for is around 176 area that's where i ideally want to start position um last time we were possibly looking at this 200 to start position we thought that was going to be a psychological support it was not the area you know i mean it did bounce a little bit it did bounce a little bit here it did have that dead cat bounce a little bit the psychological $200 support um there was also some support here in here too um but obviously we broke under that so we came down a lot more and i think we're we're at a really good buying opportunity now because there's so much hype behind that man and and you know like if we thought a firm partnering up with amazon was big how is paypal's doing this buy now paylarity thing not a huge thing right so i also read some other news that says that um their their sales are up bigly too like they said their sales up for black friday's a lot i don't see it here but i saw somewhere um in the news on pazinga today oh yeah um i also saw that um paypal is offering like $10 free crypto uh if you buy bitcoin with them so that's also a pretty interesting thing too they're just doing a lot of things man and i'm surprised that the stock just keep dropping oh yeah no wix isn't that big of course but paypal is a platform is big though yeah so there's a huge move in that people are getting really bullish into it i mean compared to last year paypal's high was around 122s 123s right and it's it's like it's start it had ran a lot it ran to $300 so obviously it got our value at some point but as it's starting to come down i think we're getting to a really interesting point of uh of uh opportunity so i'm i would be looking at the 176th area to start a position and i'll show you what position i would start to just as um just as a concept let me find a discussion channel so if you guys in x-ray i'm going to post this in discussion channel posting paypal so that's an interesting buying area near 176 that i think we could potentially hit i think i think they're gonna offer it across like multiple things but that's just a new partnership they have that's just like i think that's just one of the new partnerships that they they just achieved recently that's why so if i was doing a spread on paypal i will go to the next earnings because i know that by the time they we we port that next earnings um they're probably gonna release uh i think paypal has um bitcoins as well right um because i know last quarter bitcoin price was down so when they closed the quarter and they closed the quarter on the bitcoin price it was very low so they reported again this time i know at least that was for square so they released it this time it should be a much higher number so that since they're a little bit linked to bitcoin too and they're also expected to have a better quarter in the previous quarter as well so previous quarter was 6.22 estimate that reported 6.18 that was a miss even though eps was a beat so this quarter is 1.12 and 6.9 if they do if they do beat that and they do even better than that on that number um this could potentially skyrocket the stocks from you know 170s back to 200 plus so it was trading around 180 right now 179 i would probably do the 180 to 190 um going into february so what is that earnings is on february 2nd so getting the february 18 contracts so the cost is about $423 um if you go pretty close to the money at 180 to 190 and and your opportunity to profit is 577 if it hits like if it hits that price if it hits like 190s by february 18 um if you want to go a little bit cheaper you can go to the 190s and the 200s as well because if it moves back i could see it easily move back to 200s if not to 20s right so if it moves back to 220s um this other contract is a little bit cheaper at 190 to 200 at 310 um you could potentially make about 690 so this makes if it makes that move to 20s you would make anywhere from 385 to 690 by february so those are some interesting moves that i would be looking at yeah the premium is pretty juicy too so i'll post this fair two the option strategy as well so you guys can check that out the fiat world you said you wanted to check out tsm this has been moving after hours despite the market dropping oh it didn't move after hours it's at 120 let me see so tsm tsm has been disappointing us pretty hard um last time it was moving at this 125 area it looks like it wanted to break and it didn't break you know so i ended up coming back down tested this 116 area actually found the support yesterday and bounced back to the 123 looks like we're getting that we we got that rejection at that 123 again so we're coming back to the to the 119 120 area of support if this whole if this area over here holds this uh this is 117 i think if 119 holds it could bounce otherwise it's probably going to come back to this 116 again so that's kind of how tsm has been playing out it's been playing these support levels really well actually i guess we can skip that 119 man man koso says inverse koso says just a regular head and shoulder as well which is actually pretty bearish if the head and shoulder plays out oh it was up today with simis down oh i think um i think tsm went up because of global foundry because um global foundry reported yesterday what's uh global foundry's uh ticker gfs it was up a little bit so i think it was because of that and the other the other semiconductor stock um amba was also up a lot today um bursted through from 180s all the way to like 225s yeah i didn't expect that to come too that was pretty crazy i i was tempted to short it this morning but i was like nah i don't want to make too much uh crazy decisions that's right man stocks only go up so there's your tsm levels bj's the bj's wholesales yeah that's a good level um i think we looked at bj's earnings and they had share we purchased let's look at that earnings again that's a good area to start position 63 um it could even come down to 61 and possibly 56 but if you believe in it just keep buying it on the way down alb i saw that um some of the stuff were down like a a was also down today as well oh yeah so bj's did a 500 million dollar stock buyback so they had a pretty good earnings um and they had a big move 14 percent year over year growth reasonable sales increased digital enable sales growth and the 500 million stock buyback yeah i think naturally these companies are are going to do pretty well i don't see them ever going down bj is going to be like the next cosco yeah it's just going to keep going up up up on this super uptrend you guys see in the cosco char right it's just like on the super uptrend like this i feel like bj is going to do the same thing i should have kept my position from 20 i actually go to bj's a lot more than i go to the coscos because um the bj's i go to they have like three different floors of parking and people are always so lazy they never want to park in the third floor or the second floor so that's where i usually prefer to park i would probably add bro i wouldn't even wouldn't even cut the position let's check out um alb so this is like the lithium company benefit a lot from that they also pull back a little bit i guess this is a reasonable level to start a position around 260s the ideal area would be 251s and obviously the super area would be down here to 34s alb here you go masternader i'm going to post that in the discussion channel i hope that helps if you're looking to buy more add in more apps a chr bb tillray will pick up some fuel cell here as well true degen style i like it what's a chr i i did pick up a little bit amc today though um and apps yes sir roku i got you let's check out roku roku is bound to be buying opportunities soon right bound to be bound to be so i remember looking at roku over here around this 230 something range thought it was gonna bounce then that bounce came back under it tested that area got the rejection couldn't break over it so i think the next area we're looking for roku to hit is 199 it's trading around 208 right now so not that far away this is probably the ideal area to get into roku um you know we talked about how double bottom is very very bullish move on the stock charts right um but the reversal of that is a double top right so that's what we kind of have here and i think this 199 area is going to be where it could be a good area to bounce like 235s what's your screen name in uh court thoughts on ptn i'm not sure about this company what's ptn not that familiar with it looks like it's coming back down um from that that big move let me take a look yeah looks like we're getting reversal down next area support would be probably 47s if that doesn't bounce on 47s you might see a dead cat bounce on 47s but if it doesn't it's probably gonna go under ptn post this uh the chart as well so ideally 47 area ouch yeah roku is like that what's up jj uh bowing i feel you man same here i had those before too so they're going to produce content yeah they are they're they're really in the process of doing that they really have like roku channels they bought out some companies and stuff like that yeah video is pretty strong um let's check out ba haven't looked at ba in a while hate this company how come square changed their name to block so one of my other charts has um ba on this other trend and let me see if i can find it for you so i'm on all the chart i have this super duper trend line on ba and i think this trend line could hit again so this trend line was drawn from february 19 february of 2019 started from that top here um hit over here it got it hit here one time and here one time and then it hit also it also hit this level actually right before the market dropped so i i i really respect this trend line i think is really accurate um and fast forward to 2021 um in march we broke over the trend line as you can see so that's the orange trend line here we broke over which is good um when the company breaks over it's very bullish right so it broke over um and back tested the trend line so this trend line used to be a resistance trend line and now you can see it's a support trend line so it broke over back tested bounced off that back tested again and bounced off it back tested again bounce back test bounce um and then back test again so you can see how effective this trend line is it's like it's like the bread and butter of bowie man so we're about to test that orange trend line at some point another and that area if it was to test it would be 166 it sounds a little bit crazy but i don't think 166 is that hard um 166 we'll put it in line to like to like last year's price point before that big move up so that's somewhere around like last year september 20 price point um and that's kind of an area where a lot of the cruise company has came to so for for bowing to go from 190 to 166 it's not impossible probably a good reasonable chance there jj what's your screen name on discord so i can um i can add you if you want or you can check it on discussion channel i'm gonna post it there so if it hits again i think that's where it would be a really good opportunity no problem man i got you so i think that's pretty much it for today it's like around 510 i'm gonna end it here um but we'll be back here tomorrow hopefully you guys have some green trades uh we'll try to find some buying opportunities for for tomorrow and hopefully this starts a flat out and it begins like the start of um of a balance but i wouldn't want to be too bullish here just because there's it's hard to foresee the uncertainty you know i don't know if this is going to be like another march or like i don't know if this is going to be an area for another march 2020 or if it's just going to be one of these regular drops you know or like like the delta when did the delta variant came out when did we first started hearing about this delta variant do you guys know since the delta variant was named on may 31st 2021 that's right thank you cp so let's check let me check the spy chart on may 2021 and then it says it has spread to over 163 countries by august so may to august look at the chart real quick let me look at a cleaner chart so this was may um we had a double bottom drop didn't even drop that harry oh and then it says it got very serious in august so i guess the september drop would kind of be like a good example so ideally we're looking for the move to the yellow line which will be here and then the bounce back to the medium which is around over here so that means we would we'll ideally want to drop to around 448 bounce back to about 460s um so if we set up a double bottom or this in this case is the inverse head and shoulders so inverse head and shoulders for the move up um so over here you can look for a double bottom for a move up as well that would be another bullish signal too yeah i mean delta was mainly in in india but and it says we didn't have a lot of impact here but if you've read about a little bit further in the news actually did end up impacting a lot throughout the world um and i think it did impact here a lot we just did not cover it as well like it just didn't get much media coverage um anymore but i think it did impact a lot but yeah well we're gonna end it here guys um oh yeah i did i did mention about a special deal earlier so for some of you guys if you guys are interested in the algo um that we're gonna release this week we're probably gonna release this for about 252 dollars or something somewhere around there um for anybody that if you guys want to get into the beta and you want to get in a little bit earlier anybody that picked up something from the wishlist just put up put your trading view name and your um put a trading view name and your discord name and we'll get your access to the beta for free that's it guys thanks for stopping by and hang out and have a good day