 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes All now toll-free at 1-877-927-6648 or internationally at 727-873-7618 The Trader's Edge now Steve Rhodes Good afternoon folks. Welcome to the November 4th, the terrific Thursday edition of today's Trader's Edge I'm your host Stevie Perseverance Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past Hope everyone out there is having a great day. And let's make sure we have an extraordinary one The easiest way to do that is to always remember that life is happening for us not to us That's right. When you and I make that one little two-by-four shift It means we can find the gift in every set of circumstance that life is gonna toss at us now today You and I we're gonna go check on those circumstances of the market We're gonna go figure out what those bulls and bears what those buyers and sellers are communicating to you and I just past one O'clock in the afternoon. I want you to know I'm absolutely grateful for your presence here But more important than that and that's this during this next 60 minutes I'm here to serve you so feel free to pick up that phone You can dial on in at 877-927-6648 if can't dial and we've got you covered go ahead Send me an email send it to Steve at tfnn.com and inside the subject And if you be kind enough to put radio show questions just like lead be dead here That would be wonderful. Of course in our Tigers then well any ping will do so let's go ahead and get this show Started on terrific Thursday, of course Tiger Financial news network. I'm Steve Rhodes. Welcome to let's show a mixed bag out here douse off 107 S&P's up 9 Nasdaq's up 162. That's 1% Russell's off 3. That's 1 tenth of a percent the trannies are down 31 Composites up 95 Wilchers up 54 The spot ball tricks up 97 cents out there XAU is down 87 pennies and gold is up 29 bucks and Silver's up 70 cents We've got some wacky markets out here It's not even a Wednesday where you would have that wacky market So instead it's the Thursday edition of the wacky market mode lights recruit down 54 cents trade at 80 30 About 80 30 lead the charge dollar wise the upside is Amazon up 83 70 booking holdings 50 Google 36 Etsy up 34 Shopify 31 to the downside mode during is off 65 That's 19% equinix off 38 5% lightspeed down 31 percent 30 bucks by on tech off 26 or 9% I believe in the case of Moderna It's a generated a new a to b equal CD to the downside That's certainly one of the potential patterns that is in play out here We take a quick look at that so right now and I'm using the conservative version of this a to b equal CD That means I'm going to start with the swing point from September 23rd The Betsy a point the B point was the low on October 7 volume there was 15 million shares You've already done 21 million shares and taking it out now price is also below the bottom of its bullish structured weekly profile So the monthly profile says the target is 231 191 is the one-to-one a to b equal CD pattern out there So I would be one and a short of seeing any other signals out here, which I don't have on my other charts just yet There's a confirmed a to b equal CD to the downside that should take us to that one 91 level the next area of support really be a 231 That's what's going on inside of Moderna So if you're long that please have some stops in place out here because you're getting a Really bearish kind of message as we speak right now with regard to the general markets Let's get back to those see what we can figure out here So first of all if we take a look at the for equity future contracts, there are no new profiles I can't share with you the Dow has attempted a couple different times during the morning to form a new profile But it we just simply don't have that so if we don't have that what does that mean? That means all we've got is potential support which would be all the way down at the top of those daily profiles 45 9 in the Yes, 1543 in the end queue 35 689 in the ym 2307 I'm not saying those are the targets, but they would be the targets especially if we did see a bearish reversal candle We don't have that so what does that mean? Well if we switch over and take I think we did this yesterday Well, we're gonna do it again today. We switch over and take a look at our other four panel daily equity charts out here equity future contracts Gonna change screens here. What we're gonna see Is that you can see that the ES and the end queue have similar patterns? What I mean by that is today should become bar number seven for both now What we do know about the TD 9 count pattern out here if it's gonna identify a top in this case It'll happen on bars 8 9 to the bar following 9 so that says that tomorrow Friday could be could be a topping signal out there Or it could be Monday or it could be Tuesday, but that's only in the ES in the end queue If we take a look at the Dow, she's a day behind today is going to become bar number six So that says it would be Tuesday I'm sorry be Monday through Wednesday in its case as a potential and they're also 2000 in a world of its own only bar Number four today, so it won't be a TD 9 count top that would identify the top there So what does that mean or what should you expect? Well, this is what's going on in the daily time frame So let's go take a look and look under the hood at 1 11 in the afternoon and figure out What's going on the short-term charts out here so we could see one of those signals telling us these are the 30-minute time frame charts up in The upper left you've got the ES many it has a confirmed rogement and indicator top price moves lower and moves below Let me just expand this chart out because this Shows one of the one of the things that you and I always talk about which is understanding the bullish and bearish structured profiles So when we take a look at this here, you can see how price clearly moved right down below it at the 1130 time frame I shot its way up and found resistance at the center of that bear bullish structured 30-minute profile now the importance about that is that where would a counter trend rally? Find resistance and it would be at the center of that bullish structured profile So as long as price remains below 4668 50 is what we'll call it or 75 Then what we might really be getting this an A to B equal CD to the downside out here So watch for that if price closes above the 46, let's call 46 69 flip price closes above that well then it Negates that idea in that pattern and would suggest that price would go back and test today's high in the 4674 level but right now the information is we should expect or anticipate some type of A to B equal CD to the downside On the 30-minute time frame in the case of the NQ the NQ much stronger than the ES many what I mean by that It also formed a roadsman to indicator top But price just simply got back to the bullish area of its bullish structured profile So it does has not given us a breakdown signal. So the question is is the NQ gonna say ah screw the ES many I'm gonna go ahead and lead things higher in the yes many will follow. That's a possibility So we really want to see here if them any kind of intraday move is going to be lower You certainly want to get that confirmation inside the NQ the Dow is weaker than all four of the instruments here It was last night when it formed a TD nine count top a roadsman to Mindicator top It's oscillator and change line just change colors as we came on the air one o'clock So we could see a move up to that level and that's at the 35 name 981 level other than that what the Dow equity future contract is suggestions It wants to make a move back to 35 774 and inside the Russell 2000 she too has a roads momentum indicator top That was confirmed with the Three River Evening star price right now is testing the bottom of a new profile that formed at one o'clock 2397 70 is the level to watch there if you see a close below that That's probably setting up an a to b equal CD to the downside now all of that folks That's just the short term timeframes even if we see those move low moves lower Does that mean that we've seen a top in the marketplace and my answer would be no We would have to see bearish reversal signals on the daily time frame We would have to see at least the oscillator and change lines Get closed below And so this is just intraday stuff you and I are looking at out there But it applies to understanding Stevie's system our task market profiles the a to b equal CD pattern the TD nines the whole kit and Kaboodle Steve Rhodes with TFNM. We'll be right back Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing it number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge Every day it is mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at TFNM all our newsletters come with a 30-day money-back guarantee So you have absolutely nothing to worry about visit TFNM.com and try mastering probability 30 days risk-free today TFNM educating investors What's separating you from the most successful men and women on Wall Street? That's right Information having all the information gives us the perspective we need to place the right trades at the right time The TAS profile scanner is the premier market profile based scanner Powered by its acclaimed TAS proprietary algorithms this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks ETFs commodities futures and forex This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades Before they happen for a limited time You can save $100 off your first month by using the promo code upgrade and you still get a 30-day money-back guarantee So you have nothing to risk Level the playing field with the TAS profile scanner which you can find under the services tab at TFNM.com Sign up today Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at TFNM You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either TFNM airs live financial content streamed live on TFNM.com and TFNN's YouTube channel with Tiger TV Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts To help you make the right moves with your money watch online at TFNM.com or on TFNN's YouTube channel and become the investor You were born to be TFNN educating investors toll-free at 1-877-927-6648 Internationally at 727-873-7618 We're going to speak with Brent Brent. Thanks for calling. Thanks for holding. How are you doing this morning? Oh, I'm doing pretty well. I'm hanging in there just in the midst of a pretty serious family crisis to try to cope with that Yeah, I'm sorry to hear about that, but that's part of the family life stuff I dealt with one yesterday afternoon myself. So I kind of understand But I know you call to talk about micron technology So let's both take our minds off of family stuff and take a look what's going on with micron technology I believe that you're long this is that correct? Yeah, I started to ask this question the other day when I talked to you and we got cut off and all right Yeah, and I got any of that in there or not, but that's kind of irrelevant. It doesn't matter. Yeah, I Am long I know we talked about just for looking for some bottoming patterns and I just decided to I've been watching it for a while It seemed like it was holding around that 64 65 level. Yes I figured with the market, you know, it was indicated or at least in the new that wanted to go up So I thought I'll go and take a shot and and thinking that it would go up with the market So far it's done that so I'm in right around You know between 66 67 area and just watching it and just want to get your thoughts on You know areas to be watching above, you know, count all those kind of things to look at Absolutely. Okay. So let's let's do that. So when Brett and I were on the phone Together a couple days ago. We had a big power outage up in the in st. Pete and that took us off the air We had identified Inside of the daily time frame chart of this had confirmed an a to b equal cd to the upside It did it with this candle right here on October 14th. That was a bull separating candle So and now today yesterday price closed above the top of its daily profile at 7107 today It's still above that level. So that suggests a potential change in trend that is going on when we take a look at the weekly chart So if we're gonna see a turn we would see it on a shorter term time frame before a longer term time frame Well, if we move over to the weekly now the week is not over But right now what we have is a bullish engulfing candle that is confirming a weekly By the d-point. So that suggests that the next resistance level from a profile standpoint Brent is 75 88 And although I can look at the monthly chart and see there is no pattern here We can go confirm that but there's no pattern here The pattern is that price pulled back to test the bottom of that monthly profile now It did close below it in October It's regained that level and so as long as price stays above 7070 all three of these charts Suggest that a bottom is in so any questions about the black background charts or what I shared with you And if I didn't say this I want to make sure I did which was there's a new weekly profile The support level there is 66 69 and resistance is 75 88. So any question Brent about these three charts? I Think that takes care of it there Steven. I guess the white background shows to be yeah, because here's what there's Yeah, here's the real rub right now or the real resistance level and that is the oscillator and change line for the weekly time frame So the good news and the bad news at least at this moment at 121 in the afternoon We're getting a confirmed by the d-point a Gartley by pattern on a weekly base So that's very strong and where price is run into is that oscillator and change line which change colors about four weeks ago And what we know is when that changes colors we anticipate a rally up to that level So what you'd really like to see is a close above seventy two forty nine That would then get us on our way to the top of that weekly profile above that back to ninety sixty eight Now this is not something where I would sell But if I do go to the short-term time frame charts here just to see if there's any type of topping signals I'm just not seeing them So no reason to sell just know that you're up against the battle that battle ground is about the seventy two forty nine seventy two fifty level Out there, so that's what you need to see price overtake doesn't have to take place today But you certainly want to see price overtake that level, okay That's great Steve. I appreciate it so much just have yourself a great day and a great weekend I will it always good to speak to you Brent and hopeful all as well on the family matters We'll look forward to speaking to you hopefully next week. Let's go to our next caller. It's John and Philly John Thanks for calling. Thanks for holding. How are you doing today? Steve I'm doing very well. Thanks. Thanks for taking the call My pleasure is always and it's JP Morgan that you'd like to take a look at so tell us what you're what you're looking at How I can best help you? Back on September 30th, Steve I spoke with Tom O'Brien on this show. Yes, when he was happening and just to look at the chart I put it up and I noticed looking at it like a ten or fifteen year monthly chart It was making or the price rally into a hundred and seventy dollars a share a new record high Looked to be meeting a very very large a B equal CD targets Okay, now you and I both of you and I both know very very well Just because you reach a wave equality target doesn't mean you're gonna talk that you're going to turn and Reverse or top in this case But on those long term charts With that sort of setup I always just put the charts in front of me sure so Having done so What I'm looking for you to share with us and I'm looking at you do the monthly chart in Tiger TV So I apologize for just getting distracted here, but no problem Can you share what the levels of support if broken? Would suggest we've got an important intermediate term high in JP Morgan here up at that 172 73 area Sure, so the answer that question is 142 77, but with price trading at 167 11 now I'm sure you'd like to have some other intermediate that term levels now 142 77 John was the bottom of its monthly profile And as we take a look at this chart here I would say if price closes below that that would be a confirmation of a You know of a change in trend now it's coming from the monthly time frame chart But what I want to do is just switch over to my aid panel charts that have the multi timeframes out there But just before I do that so I gave you the answer to your question But the first level that price would need to close below to confirm that there may be something going on here I would have to say would be the top of the monthly profile and that's at 162 51 So that would be the first level that I would be observing any questions so far before I go to the white background chart Got you there. Thank you Perfect, okay, so let's switch over to these white background charts folks It'll take just a moment to do that and we're going to see a monthly chart up in the upper left hand corner And I'm gonna expand this chart out and what you're gonna see here about JP Morgan is That I believe that the a-to-b equal CD pattern John that you were looking at that might have completed would have been in June of 2021 or Or if not that certainly is something I would have looked at that was a TD 9 count top That was a roadsman to Mindicator signal top and what price then did was what it was supposed to do Which was try to work its way back to support Well in the case of support here was really the oscillator and change line now It didn't completely get down there But we did get a test rejection of that back in September But what's really important was last month and last month's was a close above the TD 9 count top And that says that really there's a strong acceleration move to the upside But then yet gets back to your question and just because that's what the market is communicating to us now Both you and I know that that could change in a heartbeat So if it did change in a heartbeat the level to be watching that gets us back to the 162 51 level But now we have a new area to watch John And that would be we would need to see it close below that green oscillator and change line that's currently printed at 158 63 So let's just use 158 as a round number level that if price were to get below That would be signaling. Okay. We get back to the 142 area Um, we're I hear music in the background And so stick with us if you will John we come back We'll continue to take look at JP Morgan and try to provide you with all the levels You're looking for Steve Rhodes with TFN folks. I'd love to hear from you as well eight seven seven nine two seven Six six four eight. 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Let's finish taking a look at jp morgan We looked at the monthly chart what we've identified is the 158 162 level is a key area of support as we look to the weekly time frame no topping Signal that is out here just yet, but with price below that oscillator and change line That certainly opens the door to go back and test support there. It's 157 41 So here we're back to the 158 ish type area That makes sense if we look at the daily time frame no topping signal But price consolidated with inside a bearish structured profile. It's well below the center of that profile, which is at 170 31 That suggests they move back to 160 502. That is the bottom of that daily profile So how do we get to the 158 level steve? Well, that's pretty simple John if you see a close below 160 502 Price should move all the way back to its breakout air and that's 157 67 So I know you're looking at this at more of a longer term time frame out here And that's what the monthly weekly and daily time frame Charts generate for so hope that helps you out. Thanks so much for the call and have a great day Got to go check here for some requested of coming by email the first one from lee b Lee wants to take a look at you are a so let me do this here folks. Give me a moment to Change screens out here So we'll pull up both the black background and uh be able to pull my white background charts onto it So first let's go pull up u r a and take a look at where it's trading relationship to profiles It's also answer or let's find out what lee's question is looking for an entry back into u r a Uh, could you run through it on your system for good entry points? So at this stage here and take a look at the daily weekly and monthly profiles um We'd have to go with 27 57 if price pulled back. That's the top of the weekly profile So that would be an area to take a look at let's pull over my uh daily and weekly chart here for u r a See if there's any other signal information I do see wave number seven that is for me now The only way that gets confirmed is with a lower high So that can't be confirmed until tomorrow if we have a higher high then that moves it off till monday So that most certainly can be a topping signal. It's triggered arousment and indicator pattern But what price did today here lee was a bullish test price pulled back Tested and rejected that green oscillator and changeline at the 2904 level So you're going to have to wait uh to get a uh Confirmation of a top certainly on a daily time frame and then some type of uh pullback Now when I say some type of pullback what we really want to do Is go take a look at a short term time frame like a 30 minute and catch some type of pattern to the downside Maybe it's an a to b equal cd. Maybe it's a td nine count. Maybe it's pulling back to its breakout level of 27 11 I don't know which pattern if any that it's going to be but really we want to put that together with price pulling back into A potential support area on the daily time frame for example at 2905 I don't know if there was anything at 2905 this morning Um doesn't look like it is from a pattern standpoint, but that's what we would really want to do lee on a weekly chart um If price closes above Last week's high. This is tomorrow Last week's high was 29 63 It'll negate its roadsman to indicator signal that'll suggest that your weight's going to be a little bit longer Because price should continue moving higher So you'd like to see price not take out that signal out there And then for price to get below the 2905 level and then let's look for a short term time frame pattern Whether it's on the 30 or the 65 or the 195 You know, we'll take a look at those when it happens But now is not that moment and and so i'm not going to give you a a wag here a wild ask You you oh i've been wild guests out there. Sorry about that in any event. Let's go to a nancy's question This is nancy uh fancy nancy from um I'm not sure where is maybe nancy in canada. Uh, it doesn't really matter where nancy is from When nancy wants to take a look at his apple she is a big apple trader out here So we want to go try to provide her with the information she's looking for right now Just looking at these charts and then we'll go back to her question You can see that the resistance level for apple is at 152 84 now Let's get to nancy's question steve if you could give you a projection for apple Okay, so that's going to be the first projection is resistance 152 84 Over the next few days you'd appreciate it So until price takes that level out that is where the war is that is where the battle ground is that That is where the sellers reside 152 84 um You are in and out on the 140 november 26 calls. Okay profitable. So If you could email one of the big okay, yeah got it. Okay, so nancy uh is a subscriber So I will she's asking for some charts, which I will absolutely send to her to assist her with her trading out here So you're asking really about the next couple of days out here and that 152 54 level is really key So the last time that price was up here on a daily time frame There's still not in the trading day nancy about October 28th 100 million shares You're at 34 million shares today So you're not getting a signal that price is going to be able to take out that high by the way that high Was at 153 16 that was in essence, you know running into this 152 84 Ish area out there that was last week So we know it's a real strong resistance area as I pull over my other charts here What happens if price can get through that level 152 84? Where's the next resistance? 155 48 so that takes us to the daily time frame chart that takes us to the td9 breakdown area Now what you like on a daily basis about apple it forms wave number seven That's letter g one day pull back to test the bottom of its profile that support as well as its green oscillator and change line After that line had changed color. So it's really very bullish However, that being said we know where sellers reside and until those sellers get taken out We won't see the 155 48 level on the weekly time frame chart We can also see that price is finding resistance at its oscillator and change line So there's a couple and you've got wave number seven You've got a rogement and indicator top on a weekly basis But again support in essence is held at this stage of the game real quickly on a short term time frame Do we have any kind of signals out here? I don't see anything on a 30? I don't see much on a 65 I don't see anything on the 130 and I don't see anything on the 195 out there So it's all about the battle and that battle is the top of that profile out there Nancy not much additional information that I can provide you but I will send you those charts After the show. So thanks so much for being a subscriber and of course listening in Hector and the fuel injectors That would be patty. They want to take a look at one of their favorite stocks and that is nvda n video out here It was on a roar yesterday. Is it roaring today? Most likely is So as we take a look at n video, we can see this is straight. Oh, it is really roaring two ninety nine 86 it's above all profile levels out there. Let's go figure out what hector's question is here Happy thirsty and tequila and chips thursday out there. Boy, we like the sound of that And you've always taught us The further to the left of the cd line the more powerful the movies that is correct with regard to the a to b Equal cd pattern and so you're asking about the a to b equal cd on a weekly basis what it looks like to me And there's a lot of them that we could draw in here But the one that I will draw in is the one that is most logical to me Describe that to me stevo. Perfect Don't you love how I just talked to myself? You probably don't but I gotta talk to somebody So we could see back here back here is in the march time frame price pulling back into the support of its weekly profile So that's what I'm going to use in this case here is our a point of an a to b equal cd There's many different points we could use for the a point But I want to just use an area of support that held so that becomes our a point Which is basically the week of march the 8th out there The b point out here is going to be the high from or that i'm going to use is july 5th and retracement Let's actually get all steve screwed up here We're going to unscrew it and try to get that a point again There we go get the b point out here and now the c point was the low hector from july 19 So in this case here today's move takes it on the inside Takes it on the left side of that c to d leg But really this a to b equal cd pattern was already suggesting that this would be more than a 1 to 1 a to b equal cd What do you mean stevo? The b to c retracement was only 32 When you only get a 32 percent or a 0.382 recent retracement out there folks It's most likely going to do more than a 1 to 1 a to b equal cd. Well right now. We're over the 1.272 This says the next target for n video is 329 steve roads with tfm. We'll be right back Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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And so what i do because when i look at this chart here I can easily make the case that those would be the levels that we would take a look at And certainly you can put all of those in there But when i get confused out here what that means is that we maybe have too much noise in this chart So what i like to do is go to a larger time frame and here's a larger time frame We would go from a weekly to a monthly now when i put this monthly chart on the screen out here What i know is uh we have synergy that everybody would say hey stevo That is the a to b equal cd pattern that is in place for nvidia Because you can clearly see the a point which takes us back into the 2018 time frame very clear that that's the a point that was uh december 2018 b point is very clear february of 2021 retracement was just simply one month into march of 2021 And now what we can see here hector is yes now you take a look at this larger a to b equal cd And you can see that over time nvidia is going to continue motoring higher you've got a 32 retracement You've got price way on the left hand side of the chart We've taken care we've gotten rid of all the noise so that you and i can clearly see The predominant a to b equal cd pattern and this suggests nice next price targeted 3 14 0 5 So i hope that that help clears it up and just simply a little trick or a tool That when you're confused about some type of Chart that you're looking at go to the next time frame up maybe even have to go two time frames up But get rid of some of the noise so that you can clearly see the a to b equal cd pattern Okay, we got rid of that or we finished that and now let's go out to ron and denver. Hey ron. Thanks for calling Thanks for holding how are you today? Great steve appreciate taking the call Sure, uh, I was wondering uh, I was looking at R C E N Dog, I can't think of the the name regenerate r g e n. I'm sorry. Yes, they uh They brought out their earnings. Their numbers are really good About a week ago the stock was down where it's where it's at And then it ran all the way up and now it's falling down and I think it's falling down Even though they had good numbers probably in sympathy with uh Oh during the high entertainment. I just wondered is it too soon to get involved with r c e n So if we take like a regenerate re re g n re g n i'm sorry. Yeah. Yeah. Okay. Good. Good. Good So um, first when we look at profile levels areas of support that you might want to consider buying The only thing that's six out right now is 6 12 93 and price at 6 39 So I don't think we and we're gonna that's on the black background charts. That is our market profile chart So I don't see anything here. What I do see though on the daily time frame is uh today right now You've got a bearish reversal candle. It's not at the completion of any kind of a pattern out So in other words, I don't have an a to b Equal cd that I would draw in all that I have is that Regenerate pharmaceuticals stopped where it should have stopped and that was at its td9 breakdown resistance level That was at 656 86. That's the green horizontal line that's going across my screen That is uh brought to us by the td9 count pattern Which is a very objective way to understanding where a stock breaks out or breaks down. That was the breakdown level So to see price get to that area run and pull back. That's just normal and natural now What we also have out here is we have an oscillator and change line that changed colors a couple of days ago So the buy point on regeneran would be pulling back and testing and rejecting that level now that level right now Is printing at 609 and change as price pulls back that probably drops to maybe 608 But use that as your general area and then what you'd like to see as price is pulling back in that level of support Is some type of bottoming signals for a 30 minute time frame or a 65 But some type of short term time frame if I look at the weekly chart out Or just looking for any other signals and regenerate pharmaceuticals. I don't see anything that's bearish Inside of regenerant for the weekly chart. I don't see anything that is really bearish for the monthly time frame chart So it comes back to the daily price. It's resistance. Maybe there's a sympathy that is pulling back because of the other Vaccine type stocks out there. And so in this case here Regeneron's boy buy point would be at about the 609 608-ish type area Surround any questions about what I've shared with you so far No, no, I appreciate that because I was Considering maybe getting back into not get back in but getting in today. So I'll just wait I appreciate that I you know from a pattern stand look I can't control what the market does next But what I can do is we can take a look at the charts. We can say, okay, what's the pattern out here Where's the high probability trade and that's where it is and regenerant At this moment, which is that 608-ish area, okay Okay, super. No, go ahead. Any other question? No, that's all right. Thank you very much. I appreciate that Okay, perfect. Hey always good to hear from you Ron and have a terrific thursday We'll look forward to speaking to you soon. Thank you, sir. Appreciate it You bet. So folks, we've got a a call around the line. We haven't heard from Garo in some time It's always a pleasure to hear from Garo. So Garo, thanks for calling. How are you doing today? Hi, how are you Steve? Excellent. I'm doing very good and yourself. How are you doing? Good. Thank you. Thank you, sir. Thank you, sir There is some little bit of discrepancy that I cannot understand is regarding that nvidia Um, my chart shows 306 60 That's where he's going to go and then it's going to roll down from there I didn't get that where you got that 312 dollars. Would you explain that for one minute one minute, please? Yep. Yep. Yep. So what I've got to do is get my other charts up on our screen out here Yep. Yep. So just give me a minute for that to pull up right regenerant right now We're looking at the weekly time frame chart This is a series of tools that Garo uses out here to identify Entry and exit levels that you've got your parabolic star and his different Moving averages five day the 21 the 50 and the 200 I believe but now let me try to answer the question The three what did I say as far as what was the specific question was? The first time you said 329 and then you said no a to b b to c I don't have that a to b to c and then you say it's 312 dollars or 314 dollars But mine it shows three because I bought it at 212 dollars And still I have it and I want to get out at 306 Because it should my top shows 306 60 okay, so I'm I may get out on it today, but Still I'm not getting where that treat 12 came from Sure, okay So what we're really taking a look at is is different a to b equal cd patterns that are out here And those are just simply price projection levels and in the a to b equal cd pattern A top is not identified or at least from my standpoint a top is not identified until we see some type of bearish reversal candle So any of those levels that I gave you or that I threw out there Were just price projection areas. I was not saying so I want to make sure so thank you for calling back in I was not saying that is where price will top out On the longer term timeframe the monthly chart the a to b equal cd pattern is very very clear with regard to where we start The a point and then the b point and the c point and this suggests garrow that the next price target should be 314 I do not mean to say that that is where I believe price will stop Because a move above that brings into play 361 So we're going to a breakout here and I want to make sure I answer your question and answer any other questions You have garrow. So if you be kind enough to stay on the line, we'll come back to you And we'll continue to take a look at n video see roads with tf and n be back in about three months Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tf and n You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tf and n airs live financial content streamed live on tf and n dot com and tf and n's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help You make the right moves with your money Watch online at tf and n dot com or on tf and n's youtube channel and become the investor You were born to be tf and n educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball. 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That's tf and n dot com then hit watch tiger tv Welcome back folks around the line with garo in california. We're taking a look at nvidia And so garo i want to just make sure that that i'm clear that the questions that i was answering For hector and patty. We're really just about the a to b equal cd pattern We weren't taking a look at whether it was topping or anything like that But the a to b equal cd pattern does give us a it's like our progressive price projection tool out here So um, so so that's all that that was about we can do further Look to see when this might top or would have you but i have a question for you if you don't mind If that is this you had identified a target exit area And so i'm curious as to what tool were you using to do that i'd like you to teach me that i know use the parabolic star I know we're at new all-time highs out here So i you don't have to as i don't want to put you on the spot But but if you if you if you don't mind i'd love to love to hear that Garo do we have garo tc 2000 i'm using it for years for very many years And that's that's where the the resistance is showing at 306 60 Okay, and that goes on the logarithm Charting paper. It's not on a regular decimal system. It goes from binary to To logarithm and when you convert that to decimal it comes to three hundred six dollars and 60 cents That's where but but i may get out of it today But but when i heard 3 3 14 I got a little bit leery about it that see that There's some small discrepancy. I said let me call and clear that which sure sure sure So those that that that basically that 3 14 was the next price projection level on the a to b equal cd tool And uh and unless we see a bearish reversal candle for that time frame those monthly time frame that becomes a signal Now if we start diving down like on a daily time frame chart You've got a nice wide-ranging bar today. It's going to become bar number seven of a td9 count This suggests if it's a td9 count that identifies the top garo that probably doesn't take place until tomorrow through next tuesday out there So hopefully that assists you with that always great to hear from you We're at the end of the show out here. So, uh, hopefully we'll hear from you again soon So have a terrific thursday. I'll call you next. Thank you, sir You bet everybody as well two more great hours are lined up and we'll see you tomorrow at the normal time Friday at one o'clock. Have a great thursday folks