 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. This is Basil Chapman, Tiger Technicians Hour, and my service here is the opening call day newsletter. What we're looking at is the DAASA 45 of 31,013. This is a really important phase just in terms of chart patterns because I always like to think that the market is just swinging between arch and cup and arch and cup and straight lines. This is the reason why I have this particular pattern that I always talk about. If I can just find it right here, it's not that it's this. Straight line up, straight line down, cup formation, arch formation, between 1 and 2 and 1 and 3. If it's the 1 and 3, it is the red sharply down, rallies to a peak A or a B, and then fails and takes out the left side low. You can see that the DAASA went to an A minus, there it went to an A. It's the same pattern over here. It went to a B and it's pulled back, but now it's holding. So in this particular phase, the question came to me, and I'll be going through it in some questions I had from different charts that we'll be looking at is, when will you see a failure pattern when everything looked like it was looking good? In this particular case, you can even look at it in terms of the DAASA going from 29,653 up to 31,085. I mean over 2,000 points. It's a really big move. Then it pulled back. Now it's using time. I have the rule of thumb 136. I love when you just get a 1 bar correction and then you move higher or 1 bar correction, you move lower. If it's 3, that's still fine. When it gets to more than 3 and it gets getting close to 6, it's almost as if you have to re-institute a brand new bicycle or a sell signal. It's used up too much time, especially if it's pulled back over 50% from the bottom to the top. That's the reason why I say these four sessions that we've just had, this is the fifth one now, are going to be really important because look how much you have to do to try to get to the 30, 1,085 level of six sessions ago, five sessions ago. So within that context, so far this is okay action. It's good action in the DAO. If you look at the S&P, which is now the DAO is up 98, the S&P is finally flipping up. It's up 14, 38, 46. This is a little bit better action than the DAO because it's nicely above the 14 period moving average, but the 9 hasn't yet crossed positive. It's really close to goodbye Thursday or Friday if we don't break down. In fact, we rally sharp. Look at the QQQ. The QQQ is up $1.32 to $88.26. One of the reasons why, for subscribers to my political, we went long yesterday morning, actually a little bit aggressive because we're in the three times long QQQ ETF. What we're looking at is it's so close to taking out, which has been in since way back the most recent Chapman-Wade inside track resistance level started at this, not the high that was made at 371.83 back in March, but the high that was made in April 21st at 347.87. That sounds like a dream, right? Well, it's held as a resistance all the way through to the rally in June, through the rally, earlier rally in July going to the, from the 16th of June, high of 267, no low of 269.28 went to 296.58, got repelled in three bars, couldn't make it, pulls back and now it's the second bar that's in the inside track repelling zone. I'll get rid of this if the QQQs next week are trading in the 393.398 area. That'll be fabulous action. So far today it's good action and what we're also looking at is within the context of the indices, IWM hasn't been very good. It was actually acting a little bit better in terms of the daily chart, just in patterns, but then it started to fail, had a good session yesterday, not a bad session so far today, down 75 cents in 172.06. Now I need to just spend a little time on this gold, down 10. We've been looking at this and I've been spending a lot of time talking about it and certainly for my subscribers I say we're not going along. It's, it's this and the GDX were testing to have me inside track propelling zone and now we're way underneath it and that was at 1,805 that was, yeah about 1,805 and yeah we are 1750, 1754 and that's impacted the weekly chart which I, the monthly chart which I drawn in some time ago I said there's a really good chance we can make a huge cup formation and then fail either just under right on or just above the previous high. I give this a continuous contract so the price is a changing price but nothing else, the that is nothing else changes but 2124.3 so 2,143, sorry, 2,124.3 was the high, that's a continuous contract that the number can change, nothing else changes and then a lower high at 2080 was it 2089, yeah 2089, there it is in March. So now we're pulling back and I drew in this candle this cup formation and it says somewhere in the 1720s that's where we should see an attempt at least to stabilize. Now if you look at this little mini dreaded H pattern, what's the dreaded H pattern? This is the red where you remember this is the inversion of the dreaded H, right? In this particular case this is the full, the chamois falling axe formation has been taken out to the downside, inverted falling axe and turned into the cup formation, turned into the arch formation and we're down. Now the load that was made back in, I think it was July a year ago, wasn't it? No August a year ago. A 1693 point death quarter at 1694. At 1694 I think we might stop just before that, have a decent bounce and then come back and test it. So let me put this into context here with the silver and we don't have any of these positions. Silver, look at that. Silver's come down, it's on the dreaded H pattern, way underneath the 20.53 or so, let me give you the exact price. The 2043, low of the 13th of May, does a full peak D. It goes peak A, peak B, peak C and peak D. Remember I was complaining, I said it's great that it did a D but the fact is it had a full buy mode and that's all it could do, that's not very good. And now it's turned around and you've got a more than one-to-one to the downside from the, oh you're done, you have it almost exact. Yeah, a little bit more than a one-to-one to the downside, one of the techniques that we use and it's now in a leg G slash C in the weekly chart and you can see this is way uglier than the gold contract. Let's look at high grade copper. High grade copper is also pulling back. This is the reason why the market should be buoyant, just loving, ebullient, I should say, and looking at this particular phase and yet it's not because overall this is still a bear market and we're looking at really good retracement to the upside but maybe we're going to be making lower highs and lower lows for a little while longer but in the meantime there should be a further accommodation to the upside because you've got a crude oil pulling back and sharpening this crude oil, crude oil, high grade copper, crude oil, wood, the ice shares, global forestry, the timber forestry, you have to down the lows. This should all be helpful. I'll be back in a moment, 5, 8, 9, 10. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve. 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Is that Fish in Riverview, Florida? Yes, hey Basil. Hi, how are you doing? Good yourself. I listen to you every day and appreciate your work. Well, thank you. I appreciate you saying that. Thank you. Hey, I hope I can explain this properly. My question is, is it possible or is there any effective way to say use the triples like, suppose I'm using the T22Q and the SQQQ. Is there any way to pick some type of key inflection point and buy both with a 1% stop and have that be effective or do you pretty much always have to have a bias? So would you have a stop on any of those positions? That's the question. Yes, it would be like a 1% or 2% stop on both of them and you'd buy them at the same time. I mean, is there any way to do that at certain key points or is it all you're always going to get bit trying something like that? No, that can work. There's a very specific way that I've actually once in a while I've attempted something like that. And it can work, but this is a long time ago. Now it must be talking 15 years. It could even be more than 15 years. And once at the Boston Investors Group that I don't remember what the name was at the time. I met a guy and he was an usual guy. He had made money somewhere. I can't remember what it was. I think he made 100,000 just like that. I can't remember if it was. I think he won it through or he gained it through the market. I can't remember what it was. Whatever it is, he had 100,000. And he said, you know what I do sometimes, I take the futures and I close my eyes and I just hit everywhere. I hit buy, sell, buy, sell, buy and sell just all over the show. I mean, they could be 40 or 50, 100 points apart in those days. That was a massive number. And he said by the end of the day, I've made money. I said, what? He said, yeah, because it just moves around, goes up and down and up and down. And I can't remember how he put it. So there are so many different ways in the market. My thinking was that that should surely cost you a bundle, but anyway, he said he made money. And I will always remember that I've never tried anything like that, but it was just fascinating. I don't know if that defies the laws or that is exactly the law of volatility, but it was one of the ways. So I'm just going to suggest to you that if you have a stock. Can I add one more thing in here, battle, to be specific to your methodology? My thinking is a dreaded H, you know, is there, could you possibly use the dreaded H? And it's either going to fail or succeed and going to go significant based on that going to go significantly one way or the other. So the way I'm thinking about this, and actually what you've discussed, I haven't thought of it always in terms of the triples, just in terms of trading. If you put in a one and a half or two percent risk, you're probably going to get stopped out quite quickly. I would say a three percent is a greater chance. Why? Because in this environment, the moves have been almost six to eight percent or even more sometimes. And therefore you take your loss, your three percent loss, and then the other adds the three percent to it. So in the end, hopefully it is more than a six percent gain and it becomes seven or eight percent and all of a sudden you're in the money. I think that that would work if you are strategic. In other words, right here at the QQQ, hitting the resistance today of my trend line, the high today is 288.74. That's probably where it would work because it's showing the pattern that the dreaded H that was perfect in the peak B minus in the QQQ on the second of June. Look out, plummeted. I mean, if you were long and you were short the triples, so 340, this is say you got in a 340. You were perfect. You just got in just off the top, but you actually had both positions. That means that when it started coming down, it actually went to 269.28 on the 16th. That's a fantastic gain. That is really fabulous. So my thinking here, just in terms of your question, am I hearing something else going on? I'm sorry, I wanted to bring up my screen, but I had to mute it. I wanted to look at Tiger TV, but I needed to mute it. Okay. So what I was saying that right at that high that was made at 296.58 within that parameter, what would have happened is, in this one, you would have got more than your 3%. You would have lost 3%, but you would have made a lot more going from 296, let's say, down to the most recent low of 275. That's 20 points. I mean, that is, that's, what is that? That's 8%. So yes, I think it can work, but you have to be extremely methodical and you have to be really strict with your bias. In other words, the stop, you might say, you know what, we're at 296. I think we might, if we break out, that's fantastic. But if we pull back, it could be sharp because it's been repelled from this level so many times before. And therefore, you might say, I'm going to have a tighter stop on my short than I have on my long. That's one of the, you have different ways, but you have still very strict, maybe 2% to 3%, maybe 1.5%. But I would even experiment a little bit in this particular market right now because the volatility is so, I mean, 20 points on the S&P, the E-minis is like the blink of an eye, just 20 points. Right. I think what you're saying is, if I suppose I was using triples and I only had a 1% or 2% stop, I could probably get stopped out on both of them and lose on both of them. Absolutely. So I'm trying to work out what I use, use a triple or a double or a single and how much the stop would be. So let me do this because I have the same thing that's going on for years now where I use the 9-period exponential moving average. As you know, it goes green. It's still pink in the Dow daily. But if I had to go to the E-mini right now, let me just go to the E-mini right now. Let me show you something. There was a fantastic, I'm a little embarrassed because I didn't pick it up. I was just about to hit the button and I was doing my newsletter at the time and I thought, don't lose your focus on your newsletter. And I was going to hit the button right here as it turned green, the 9-period moving in the 1-minute E-mini at about 8.19 at 38.21. And I'd already drawn in this beautiful bowl formation. I had done all my work and I said, oh, it's impossible. Are you telling me that the way I've drawn this says that it could go to the high of 6.33 this morning at 38.37? That's impossible. But look what happened. It went above that. It went to 38. It went right there, 38.37 in exactly the time frame. I'd drawn it perfectly. I never got in. But what I wanted to point out is, look, the 9-period moving average has wiggled between green and pink and green and pink. That's where I would have lost money if I was buying the pink and showing the pink and buying the green. Even if I had a two or three point stuff, I think it's worth talking about it. Can you hold on? Yes, thank you. Okay, let's continue. We've got fish in Florida and we're looking at the cues. We'll be back and we just discussed the E-mini. We'll be back in a moment. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, DXAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting TFNN.com. Don't miss out on the next great gold trade. Sign up today. 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Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. This is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back and we're on with Fish from Florida. We're looking at the cues, but basically we've been discussing the trading pattern that says if you were to buy three times long or three times short one of the ETFs, how could you put in a stop on both of them hoping that one is going to just break to the upside in such a fashion that it more than makes up for the loss that you gained. But you do have to put in a stop. And what I want to discuss is in the relationship, if you had say in the work that I'm showing right now, let me just get rid of the phib here for the moment. Okay, you can see there's a beautiful pattern and then it went to the e-mini went to double top. Let me do this again. I like to put in the vertical test right there. And that was at about 933. It makes the high around about 38. I think it was 3852. And then it pulls back makes a beautiful cup formation and does a retest and fails at the retest at 1005, 1003. And then what happened just underneath? So that's a great peak B and becomes a peak B minus. It makes a lower low. And then it goes peak A peak, B peak, C peak, D and now we're at a peak E but a very quick ABCDE. And that always says watch out. You could pull back doesn't say major pullback says watch out. You can pull back because you got to a very weak buy mode that went to an E way under the previous high. And that's why I like to look at it. So that says the 200 period moving hour average of 3831 is going to be key support. Now the reason why I'm bringing this up is I've been experimenting with this. I'm about in the next two weeks or so I'm about to actually put into practice. What happens if you buy certain moving averages? Everybody has their favorite moving averages. It doesn't really matter. Just say in this case I'm using the nine period exponential moving hours when it turns green, you buy when it turns red or pink in this case, you sell and you just do that. You would have been you had a fantastic game, but you probably would have given back much of the game by buying the high and selling the low in this whippy sideways action unless you recognize the double the cup formation test of the left side high to the right side high, which is very weak. And then we should pull back. So if you can mix it in with some other techniques, for instance, I I refrained from just buying saying buying seven because it even here it went just for two bars and went pink. I would have shorted number of water so that the premium I would have lost. I usually make a real tight stop. Let's just say it's two points. I would have said it would cost me two, four, six, eight. And then actually by the time you implement it because you could do it automatically. But while you're watching, you could actually use another point, even two. So I could have lost all the gains that I made by having this beautiful technique because I did not recognize that a sideways pattern can last a lot longer than your patients or your money. And then it suddenly spiked to that high. So I'm going to just I want to show this to point out to you that every technique you have, unless it is accompanied by something else, which in the main must work. In other words, it's not going to work every time. There's no technique that works every single time. I like to think the Chapman Wave is the waveform that never sleeps. But in fact, it doesn't mean to say that you get everything right. And I just wanted to point out that the technique is something that you might have to experiment. Now, do you have are you able to paper trade? In other words, have have a little experiment going on. So right now, but I just have been thinking about this for a long time and wanted to hear your thoughts. I love the idea, but I love the idea. But I would like to if it would work. OK, so we don't every market condition is different. So it could have worked fantastically. We were having those 90 to 100 point e-mini moves over the past couple of weeks. Maybe now it slows down just a little bit. So this might be the wrong environment to test it for success, but the perfect environment to test it for failure. So I'm going to suggest start a paper account and use this exact technique right down what you're doing. And in the beginning, be strict about something and then you can loosen it up because you're going to find out that such and such works. And maybe the risk tolerance that you would have, even though it's paper is just way more and you're going to have to narrow some of the. Now, just be prepared that some of the patterns that we have, the big spikes up and down have often had little jiggle beforehand. It's almost like. Right. Yeah. That's a perfect example. This morning. There was. It doesn't look like anything right now, but I'm moving this across and I'm going to expand it right there. There was a beautiful entry point at the low, especially if you use volume, et cetera at 805 this morning at 3814.75 in the e-mini. And then what does it do? It balances quite nicely to 3818, but it comes back and it retests and it retests just above the left side low. So if you wanted to make sure you didn't lose anything, so you put in a stop not below your entry point because you raised it after it was rallying. You would have got stopped out and then from 3816 and runs all the way with hardly any break to 38 to the 3830s. So that's what I'm saying that you want to learn the pattern so that you can also use the pattern as you originally in your first statement that you use some of the chapter methodology. So you want to use that as well. So start off with something and something else and keep in touch with me. You can email me at BaselChamp in the tfnm.com. Just let me know. Even send a chart to say this is what I've been looking at and we can see how that works. But it's a great idea, but do be prepared that there are times where you're going to get whipsawed and then there are times you're going to just make a huge amount of money. And then the next five trades could be whipsawed again. So let me know. But I like the idea and you just have to refine a little bit more. But I like that. And the fact that you said three times long, it just means that you're trying to get as much as possible in the shortest timeframe. But it also means you're going to lose as much as possible in the short timeframe. So it doesn't have to be three times. You could even do it on a one to one. You know, you can even go to the SPI and the SH or the DAO, DIA and the DOG, whatever it is, or the Qs you could, whatever it is, be very consistent and write down what you're doing. All right. Thanks a lot, but I appreciate it. Appreciate your show. And like I said, listen every day and I appreciate you guys. Thank you. Yeah, I know we've got a great team here. We all love it together and thank you very much, Vish. Thank you. Thank you. Folks, let me just do this. I don't want to run out of time because someone said something in quite early. I will do the dollar. There was a question about the rising wedge formation. I'll get to that. But let me just do this. First of all, the question came in. Can you look at overstock today? I think it is interesting play in our economic environment. Our recession may even benefit it by selling recession goods. Value play down close to 70%. Make it a great day. Yeah. Thank you. Let's look at overstock. OSTK. I don't know if I've updated it. Oh, I wrote it and typed it in the wrong place. There it is. I love the thinking. That kind of thinking, I think that's very important in this environment to be thinking a little bit out of the box and saying, hey, what about there was another one? What was it? LLL. Let me just see if I don't want to mess things up yet. LLL. Yeah, flooring holdings. Okay, LL, the flooring holdings, they changed their name. That's also a company that's also where they sell goods very inexpensively. Good stuff, but inexpensively. So let's go to OSTK. So OSTK right now had an all-time high, 128.50 back in August of 2020. And then made it almost like gold. It made this beautiful U-shaped pattern. I forgot I'd drawn this in and I didn't redraw it. That's it, no. So, and then it went and it failed below the previous high and then it took out that left-side low that was in the 47 area, sorry, 43 area, and now straight 26, 76. So we've got a break coming up. I'd like to spend, this is the thinking that says, my thinking might be correct, but is the stock following my thinking? So let's do that OSTK will be back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa, and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American NTSX under the symbol VGZ. Hi folks, we're back. So before we're looking at OSTK, this is Overstock, and Overstock Inc. is trading right now down $1.09 at $26.97. That's a real shame. If today it was up above yesterday's high with a really nice candle, two days of good candles from the double bottom. $24.82 was the low back in the 24th of May. It routed to peak ABC, pulls back, and I drew in a left side, right side price time match from this almost dirty candle type on the 13th of June. Then it had a sudden spike to a peak D. Right at the 50 period expedition, moving average that I need that 50 never had even cared about it. All of a sudden, when you look at the way it reversed, the price reversed from the February 22, 22nd low, $35.67 all the way to, wow, that's the move you want you to see right now to 50.57, no more, it went to 59.46 on the 1st of May. Then all of a sudden, so how could that be the second? Oh, March, sorry, the 1st of March. So May, wow, that's too long. Anyway, and then it failed at a peak A and it kept coming down slowly, but it took out the 35.67 low, and then it went to an even lower doji candle and it couldn't rally sharp within a peak A minus. Look at the 24.82 low of the 24th of May, and then that sudden spike to a peak D at the 50 period moving average, which has proven before to be many times a resistance level, what it was again, and then it made a lower low, 24.69, but within two days, sessions closed nicely above 24.82. So today is so far very disappointing, because if today there was a move into the 27.50 area, and yesterday could have done it, because yesterday I was 26.16, so you could have had them points up instead of a point down, I would have said, you know what, that is a nice sign. So that's what I was saying. The thinking and the application or the thinking and the chart formation, they have to be in sync. So I think you, I'm with you. I believe that in this period, all these different discounted areas are going to see something that should benefit them. Why hasn't it done that now? I suspect because the selling pressure has been so intense it hasn't found favor amongst fund managers, and that's really what you're going to need. So it hasn't done that. And all I'm going to say is, you know, 24.69, if it goes under 24.69, it's probably going to go a little bit lower before it again tries to rally. The MACD is good enough that it should have rallied, but it hasn't. The classic went from single digits to 17%, should rally better than this. It hasn't. The day is young. I'm going to suggest something, and I don't know if you actually have this in your portfolio yet. I am going to suggest the thinking is right. The price isn't valuing your thinking, but the patent says if by Friday, today's low is already 26.31, if it doesn't take out 26 low today, but in fact, rallies nicely off the low, I'm going to suggest just as a starter position, start your engines at 27.19 right now. Yes, but you have to treat it in two ways. You have to treat it near term, which stops treated with respect because it hasn't shown any real positive signs. So treat it with respect. The fact that you are waiting for it to do what you want is the thing. But the other is that if I look at the weekly chart, if it's making this rectangle formation and it says at any point, if OSTK can close, I can't say just above, I have to say decisively above the high of 34.07, that was the high of the first of July, that was last week, but if it closes above that 14-period moving average, it's tried since it broke down on the week of the 3rd of December, 2021, a high of 93, 80 and a lot of 79. Since it broke under that 14-period moving average and then the very next week it went pink negative, once it tried to break above and it hasn't, but it's touched it many times 14. This is the first time that it's touched the 14-period that was last week and you want to see not a touch, you want to see it close by next week into the 36 area. Wow, more than seven points, that's a big ask. So I think it's going to be a slow process. So I'm saying to you on the one hand, I'd have a fairly tight stop if I'd get in at 27.17. I probably would say I need a dollar at least. So that's like four, yeah, it's almost, this is our five percent, about 4% risk at the starting point. I would then add to it if you survive any stop and it actually, even today, if it closes towards the high of the day and tomorrow it's even able to hit 28.96, that would be the start that you're looking for. Number one, I think we're in the same category of thinking that this is a start that should be helped by the recession. We're talking about recession, it's not official yet. We know that most sectors have been in recession, a couple have not. That's number one. And number two is that it's a slow process that if it holds the whole 24 area and starts to move into the 25, then 26, you could see another big arch formation and have a fabulous ready from the 24.69 low towards the 50-period moving average at 31. And as a trade, four points would be fantastic in this particular issue, but you have to go step by step. It has shown no signs yet that it wants to break significantly into the 36s, which is what it needs to say, wow, overstock is finally finding a home. I hope that helps you. Okay, next question I had was, in the dollar, there's a rising wedge formation. I usually talk about these in a very specific way, but this is not really a rising wedge because it broke, yesterday broke and today it went even higher above the trend line. So that says it's not a pure rising wedge because we've already broken the resistance. In other words, if I had a Chapman Wave inside track, repellent zone, this is way above it, actually he's now cheating that as a support level. And then the rising trend line is way down at 104.80, I think maybe 104, yeah, 104.80, and yeah, you're at 107.22. I have to then say, so the question is, what would I be looking at if I was looking at a rising wedge formation? I always think the rising wedge reminds me of the Statue of Liberty. I was actually driving by the Statue of Liberty on Saturday and in fact, I was very close to it and now that I think I was in Redook and it was just beautiful to see and I always think of the rising wedge as the Statue of Liberty. I don't know why I've got this image. You remember, I come to technical analysis via the visuals. It's like they're holding a candle and my thinking is that the story in most technical books says, oh, be careful because you're going to have a very sharp pullback. But a really sharp pullback means it has to go underneath the whole 104s support and just at the moment, I don't see that. In fact, I think it's raised the support to the 105.79 breakout level in the cup formation. So this is not really a pure play on that rising wedge. Now, if you remember the beautiful cup formation I showed you in the E-mini and I didn't anticipate that in such a short time it would make the left side, right side price time match. Remember, this is your plum line right here. Right here. And this is your left side. The left side. Yes. Oops. The left side. The right side price time match and it went almost to the exact bar after going from 2020 in March at 102.99 all the way down to 89. Look at that. It just took one more extra to break that level. I'll be back to the bottom. That was down to 49. I think it's down to five. Are you grinding in the market but seeing little to no return or are you a successful trader simply looking to make your job a little easier? Learn to take the path of least resistance with David White's powerful trading newsletter. David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find and share winning trades. Support and resistance define the ranges in which stocks trade. By understanding these trading ranges, David White is able to find a path of least resistance. 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Educating investors. We're quickly to PKB, CD, E, and even an F, and look where it turned to green, above the 200-period moving average, and the F, and then look, the pattern that dreaded H. There's arch formation, we've taken it, but this time it's held above the left side high, left side low, it's at 3829.25. So this is where you watch to see, does this H become an M pattern? But look how you could have got whipped and shown along based on this particular line moving over the 14. That's why I say you need other techniques as well. So that's number one. Number two is, just real quickly, so thank you. The den is such a fantastic medium. S&P says, Basil, this might go along with the OSTK. This is an overstock theme. A glut of goods at Target, Walmart is a boon for liquidators. Yeah, and that's what we're thinking. But we might find, Paul, that there's actually a glut of the overstock. That's the thing, you know, our thinking and price. I want you to do it with the technicals, and those are the parameters. I'm sticking with those parameters. If they are met in source to move higher, that means it's finally in play. And look at the dollars, the leg D, above the left side, right side price time match. So that's an, I'm going to do this now before we wrap up for the deck. Check out my opening call, quick question, quick answer. What did you do with your STKL? STKL is, STKL is Sunopter Inc. We got in yesterday for a quick trade. It went from our level of 817. Skyrocketed today, it went to 9.0. The high was 8.96. But pre-market, it went to 9.02. We took off two little bits. We've had a fantastic, what, 611% gain. And now we're letting it ride. You will see, this is the leg E, two pullbacks, even sharper. That's why we treat it as a screamer one day trade and see if we can stay in for longer. We've got to work out fabulously in a shorter term and see if we can hold it. Have a wonderful session if by the end of the day the cow is able to get, we've got a plus 40, plus 50 after about two o'clock. That's going to be good for the cows. And if it's minus, put these things to stack there for another day or so.