 Hey, what's going on guys right? It's Mark pretty flat day in the market again I think we're down like 0.25 percent. We're up about half a cent yesterday. So I'm pretty neutral There were a couple of things that I picked up today They look pretty good one of them. I have in front of you right now, which is Domino's pizza So for those of you the one away, you can see that it dropped Just over 9% today. I think that was about the peak of where it dropped maybe slightly lower But I decided to pick up some of that you can see was slightly in the green with that Already, but that's I'm not here nor there So yeah, so it had its owners report couple of things that I picked up on Let's have a look so it missed a couple of the Expectations basically and which is why it's had such a dramatic reaction and this happens all the time Right, so even if the company has grown right even though the company has grown if it doesn't grow as much as people expect it to and you always get this super aggressive or not always but sometimes you get this super aggressive kind of pullback and people get a little bit scared and The the surprise drops and this pattern here that you look you can see right now Where it's horizontal and then there's a massive pullback or when it if we just have a little bit look a bit Look a bit further back when a company has been growing Is that right for you guys? I think I need to do this when a company's been growing kind of along this line like super aggressively You always see this pattern when it pulls back right and I'll show you a couple of examples after this which will explain why I bought into it so So we can see here is Over the past couple of months. It's been trading between kind of 290 and Which is wacky in this support And I would say kind of 253 or even if you want to look at this point here, but we'll go a bit more aggressive You can even argue that the support is more around this kind of 240 level So what that in as well just for comparison sake? So just go over a couple of details Sorry, I'm all over places a couple of details from the earnings report. So Let's have a look. I wrote down the key points. I've got them here. So I don't forget, right? So I can't even read my own handwriting so they open so for the fourth quarter they opened right 560 stores net Colt the same store. So this this is a couple of expectations that They didn't meet right so they were expecting a same-store sales, right to be up 6.9% but they were up 5.6% so the company still grown it's just not grown As aggressively or as much as people are hoping right it missed the ends for share and it did miss the revenue Although the next sales were up 21% so miss the expectations sales were still up and stores That were opened was still up And the earnings for sure was up as well But just not as much as was expected. So I think I made that pretty clear, which is why I'm happy to invest in these companies when They pull back on those kinds of reports because the company's still growing right and Wherever I'll learn that to be I'm not the case. I'm sure some people will let me know why that's not a good idea, but Yeah, so I'm invested and then I would expect this to You can see our I massively oversold Matt D is probably going to curve in and This will probably curve out. So recently An example that's shown this if you've seen my videos, you'll know that I've spoken about this already. You can see we're in the green here is coca-cola. So similar thing So the earnings report wasn't kind of what was anticipated and then they were looking a bit more sheepish going into 2019 So if you look over over the long term kind of this horizontal pattern train between these lines massive pullback, right And then it balances out and then it looks like it's on its way to recover You see how that EMA is kind of curving in it's bat. It's consolidated curving in Matthew's curving in. It's good That's my dog RSI oversold and it's curving back in right look at this pattern here. Look at this pattern and then look at dominoes You just see how similar that is. Do you see I hope you're seeing what I'm seeing and I'm not going crazy So that's dominoes And that's kind of that's all this is kind of swing trading right? It's just identifying patterns are consistent pretty much the same I'm not sure if it'll be here Any more because it was a couple of months back right might have been last quarter Starbucks did similar thing is this gonna be in here? Maybe if I have a look on the weeks Right so you can see on the weekly chart did the same thing right earnings out pull back And then since then it's gone to create new highs right and I think we actually managed to get some green in here But that would have cut I think you'd have covered about 14% if you'd have bought in To that earnings another one that did it was Shopify again. This was a little while back, so let's see If I can pull up shop for Shopify super good super consistent You can see it's I'm not in at the moment because it looks a bit overbought Doesn't mean it can't keep pushing on up, but that's another story I'm just trying to make sure that I'm getting the right ones because you see that Shopify does pull back quite aggressively a Lot, but there was one particular time earnings and that it did a Like a super similar pattern I'm not going to try and guess but trust me Shopify did it as well. It pulled right back Oh, it's gonna really bug me if I can't I left a look at dates and I'll maybe put anything But Shopify had the same thing and so did Estee Lauder as Well, so it had a super aggressive pullback that's another super horizontal and super aggressive pullback and Then went on to create new highs I said all these and I can't find the examples, but trust me they're there But I'm coping and dominoes are the most recent ones. So that's that's Yeah, and I'm invested in both of them So I hope that makes sense as to why kind of based on the technicals and a small amount of Fundamentals like as I say, I'm still working on my kind of fundamental knowledge and how to break down a business is kind of balance sheet and so on but For me, this is a pretty safe bet It does have the potential you see to pull back to 242. We'll see how it opens tomorrow I'll probably look to get a slightly more invested in this and then for those of you wondering about KO or Coca-Cola I'll probably continue to invest in this an average up Really really quick one because I'm not going to do a full-on breakdown of trades I closed out of McDonald's I closed out of go daddy because go daddy pushed up today about 6% which is super aggressive So that will probably consolidate or pull back. So I thought I'd just close out in the green so you can see some of them 90% I'm close that on Sony close that McDonald's close that Disney if you check out those charts based on how I've I'll do it now quickly actually based on how I've described it previously They still got a little bit more ground to cover right you see McDonald's has got a little bit of ground from 8183 to 186 I'd rather just look in the green and just have the profits and same with Disney Although Disney, I think I was a little bit too scared a bit too sheepish, right? That's still got quite a lot of ground to come from 14 to 117 and it's above the SMA But our size over extended Matt D's curving in for a cell as I say, I'd rather just close in the green I'm sure this is fine over the long term But we're trying to play the kind of swing trade game. So And that's right. What else did I close? Oh, yeah, and go daddy just because it pushed up so hard Yeah, just pushed up so hard So I'd expect this to probably pull back a little bit and then we can get back in if it pulls back to kind of 73 20 offset and alert But this is still got some ground to cover Right up to 83 and I would expect this to kind of continue to to push up There you can see that's coming. So I hope that makes sense Sometimes I just gone for the tangent and I don't even get my point across properly And but I hope that makes sense if you enjoyed the video Like the video subscribe I'll leave you seeing my kind of recent trades a couple of blends here. Yeah Like the video share the video If you're on the yotara platform Follow me for a bit if you enjoy what I'm doing and it looks like I can make you some money Feel free to copy and if you don't copy drop my message and I'll go into a few more details About kind of what's best to do And I think that is everything any questions at all any stocks that you're watching Whack that in the comments because I'm always interested to hear and I liking interacting with everyone in the comments It's probably the finest part about making these just chatting to you guys. So, yeah, I think that's everything Yeah, cool. I'll leave it there. Thanks for watching people and I'll probably catch you again tomorrow