 Welcome back with us, folks. Tonight we are talking about relative strength. The market has been going down about like this or I should say a little more like that. It's been tough. It's been a red beginning of 2022. However, we will find and the idea is to find the ones that are still strong within this dip. When the market catches up, when the market gets a grip, the idea is to be in and to be able to trade it as the market moves back up. However, well, you can short the market, but what I want to show you here is who's strong while the rest is sinking. And we talked about last week while the market was dropping, we talked about UPS. And if you see from Wednesday, basically it's been pretty straight, trading pretty straight. The rest of the market was really, like I said, dipping that way while this one was still managing to get some strength. And this is what we need to focus on. The rest is sinking and this one is holding. Usually in, you know, this is end of day on Thursday when everything was falling apart. You see a reaction. Outdoors will trade the whole thing to the downside. The tick to the downside is increasing on all tickers. However, if you look at the rest of the week, Wednesday, let's go on Thursday directly. It was upgraded. It's been kind of finding a bottom here. It's consolidating at a bottom. And if you look at the market, look at what it did. Here there's a level higher low. And then we find the same level here. So basically, and this is after hours. And we reopen and this is when we had an upgrade on UPS. And it still finds the same level. So looking at this chart here, I mean, forget about that. That side of the chart for now. When you look at all this here and get an iron higher low on this, on these two guys here. And then bottom, bottom is all grabbing. And we see here, it just won't cross pretty much a little lower than that. But buyers found whenever they were here and here, they're pushing it and trying and trying and see how all of this is getting tighter and tighter. Now I'm talking about this because it didn't care about the fact the market was going that way, right? And we're not talking about an unknown ticker. I'm not saying that it's the biggest ticker in the crowd, but it should trade according to the rest of the market because market sentiment usually allows people to say, okay, if the market is stinking, market economy is not doing so well, so UPS should be in the same kind of group. So what I'm showing you here is strength in order to be able to realize what's going to happen whenever the market decides to go in a different direction. And we all saw it lost support here pretty much just like the rest of the market. This comes to exactly the point I wanted to show you. Is this when we open on Friday, it's just very tight, tightly consolidating at a level very close to this one. See here at the on the left side. Basically this was low of this week. And then we're pretty much trading at that low. Yes, there was this little wick here, little wick which is grabbing a lot of stop orders. Make sure that then they start moving it up. Now, let me zoom in on this for you here because this is where it gets important, right? It's extremely tight. The rest of the market doesn't want to follow and then this one starts to move to the upside. This is the strength I'm talking about. The rest is falling and this one is moving to the upside. Can you imagine when the market decides to move to the upside with this is going to happen with. So we took a small position. I'll zoom out a little bit. We took because I want to show you something here that we previously talked about. But the idea was we saw this bottom here very almost very close to the open. And we decided to go to 10 to 10 for next week. We're at Friday. Obviously, theta is going to go against us if we hold forever until expiration because, you know, it needs to be in the money in order to have some value in it. But it was cheap. It was $41.41. The idea is we want to cross this eventually. When we start crossing, there's no resistance or very hardly any to the upside. So it is to eventually get in the money. However, we need to start from the bottom here and at least get to the first resistance. What did I tell you about, right? This was resistance at the open. And this again, it found. Sorry, I'm explaining myself wrong here. This was support. I'm talking about resistance because we're buying the bottom, but this used to be support. This used to be support and this used to be support from the open. So we can really think that either this area where they found buyers or at least the old support where everyone started buying would be a line of interest. Let me get out here and show you something. And this is all to show you something about a target. You are entering this play at this level at the bottom. And you know, you can at least get to some sort of. A rise. You know, we're in the two two oh one area. We're going to at least two oh four fish, right? Because this is very close to two oh four. And the idea is at least if we were to enter this, it would be great. Once we enter this next line is up there. And then it's really going to move to the outside. So took to then to 10 for the next week paid 41 cents. We sold a little well half the position at a little over 100%. I believe it was in the 90 ish section 90 ish area, maybe a little over that. But look at what happened. And this is the important part. The where did it stop? And I'll show you exactly. This is where it stopped, right? It stopped where I told you we are here, here, here used to be support. And now what? Now it's resistance been saying this for quite a few videos. I guess this lost support. It's breaking under and it's testing it again. All of this was strength where while the market was tanking and we only took a bottom. And drove it to the. And it's the same bottom and drove it to the old support. And now it's resistance. So I hope you guys are learning something or getting some ideas about what can be done. This market tanking while we have a strong ticker will always be a good suggestion to keep an eye on and maybe trade it just like we showed you. Support resistance, simple. Thanks for watching, folks.