 Hey, what's up YouTube? I'm Zeke and welcome to the dream green show in this episode I'm gonna be giving you guys an update on Academy sports and outdoors Yes, the last video I made Academy was sitting around with $16 And I told you guys that they was gonna emulate and kind of move exactly how dick sporting goods move to see this company Doing the exact same thing that dick sporting goods did over the last five years But there's one huge difference in between Academy sports and outdoors and dick sporting goods that just put them a step in above Dick sporting goods by a large margin. In fact when I talked about Academy sports and outdoors is around $16 right now Academy sports and outdoors around $37 so if you would invest it anytime near that video You would be up over two times your money guys in just a couple of months I'm talking about 200% that is amazing guys that you can make that kind of money just from seeing a company go public They haven't been public for a full year yet But you're looking at them and you compare them to another company That's in the same sector as them and see how they move and then you live in the same region that this company It's more popular than dick sporting goods Then you already know that being an early investor would just be a great opportunity to get in on a good company But in this video, I'm gonna I'm gonna tell you guys what put them at a competitive edge over dick sporting goods by By a large margin in today's time This it makes them look and I'm gonna tell you guys about my own experiences with it And what I see because I know a lot of you guys don't live in the south But I see what's going on in the south and what makes this company such a great buy Especially right now that they haven't got a little pullback. We're gonna see if right now is the good a good time to get in on Academy sports and outdoors and we're gonna run And we're gonna do a little small Technical analysis on Academy sports and outdoors just to see if you guys are interested into investing into this company But yeah, this company has already two X We're gonna see if it could two X again in the near future But before we dive into it this video is bought to you by Weeble sign up now by clicking the link down in the description Deposit $5 and now you can receive two free stocks back up to $2,300 with those two free stocks You can keep your money in the platform and decide to use it or you can sell those two free stocks and withdraw all of your money It's literally free money and if the promotion changes at all just a little bit sometimes they have a better promotion I'm gonna leave that down in the description Just so you guys can see if they have a better promotion gone on or not But I also left a link down in the description to block fire over there if you could deposit $100 in cryptocurrency you could start earning interest on your cryptocurrency And right now if you deposit a hundred dollars worth of cryptocurrency you can earn up to $250 worth of cryptocurrency So I'm gonna leave a link to black fire and these are both companies that I use I would not promote something that I don't personally use. I use both of those companies, but enough talking Let's go ahead and I'll straight into this video Welcome back dreamers here we are on tickle symbol ASO Academy Sports and Outdoors right now That's in there thirty seven dollars and one since they had an all-time high of around forty two dollars and forty one cents Amazing right now. They're up two hundred and five percent on the year They haven't been public for a full year yet, but over the last month They're down almost eight percent. They're down three dollars and twenty cents And we're gonna see if we can get in on this pool back Or if it's even smart to get in on this pool back when we weren't our technical analysis on Academy sports and outdoors So once they have this little pool back that might be a good opportunity, but we shall see guys But like I was saying on Academy sports and outdoors the competitive advantage to have over dick sporting goods Is that Academy sale guns and I live in Texas and guns is like Walking into the store and buying candy. You could literally walk inside Academy sports and outdoors Show them that you're 18 Sometimes buy a gun and then buy ammunition and you would know when Academy sports and outdoors Have ammunition in stock ammunition has been out of stock for almost a year when Academy sports and outdoors have ammunition in stock Their line is literally around the building you you all know how big Academy Stores are that line is already literally around the building. That is how long the line is just to get ammunition And and you can't go to dick sporting goods correct me if I'm wrong But you can't go to dick sporting goods and buy a gun and you can't go there and buy ammunition So Academy sports and outdoors should go up to go go to line waiting line buy a gun Same day by ammunition and walk out the store and Texans be Texans and everybody in the South be people in the South Guns, it's like guns. It's nothing down here. It's crazy Super crazy, but anyways, but that gives them the competitive advantage over dick sporting goods As long as Academy is selling guns and Academy expect is selling ammunition They're gonna outperform Dick sporting goods in a very very near future and it already shows right here by them being up 200% because Academy sports and outdoors was the only Place that you could find ammunition down here in the south But that that one thing right there is it has boosted them up to 200% in the last year alone But let's go ahead and do a little deeper dive. Okay youtubers here We are over on trading view ticket symbol ASO. This is the four-hour chart I mean every bar on here represents four hours worth of trading on Academy sports and outdoors as you guys can see Here goes the pool back right here. Let's let's zoom out just a little bit and we could take a Look at some patterns. So if we draw a little line right here, you guys can see where they broke support So that was a major support line that means it did not want to fall believe Below this uptrend line so it bounced right here once it came out touched the line bounced again Came out touched the line bounced again Came up touched the line bounced again And then right here it showed that it kind of want to bounce off that line again But it ended up breaking support Hopefully you guys can see that to me it's clear as day But I look at charts all the time every day But hopefully you guys can see that that is an uptrend line that is a support line And now it broke below that support line and it's starting to pull back and now it's showing a little downtrend pattern right here that It don't want to break above this downtrend pattern. So that was one time It didn't want to break above didn't want to break above didn't want to break above and right now it's approaching this line So if you guys want to be patient it showed it kind of showed a double bottom right here Where it's a little supported. Let's see if we could get out a Rectangle, okay, here we go a little rectangle so you guys can see This pushing right here So it traded sideways for a very long time right here In this zone not wanting to break above and then eventually pull back and then did break through the zone And right here it double tap at the bottom. Let's zoom in a little bit It double tap in the zone. It came to the zone didn't want to break below Came back to the zone didn't want to break below So we want to keep our eye on Academy sports and our doors whether if it's going to break above this Resistance line or break below this resistance line if it breaks below We could probably get Academy and sports and our doors when to pull all the way back to when it traded sideways right here I'm around the $30 price range, but if it do break above right here Then we could see it trading Probably back up to around 39 ish dollars before it starts to make another move So it's gonna be important when the market opens up maybe Monday or Tuesday to see where Academy sports and our doors See how it's in moving to see how we want to play and then of course we're gonna pull out the Fibonacci sequence right quick Fibonacci sequence Fibonacci retracement for the bottom of that The start of that uptrend line to the very top of the all-time highs and there we go It's like the Fibonacci always shows it bounced off of the Golden Zone guys I talk about the Golden Zone all the times it bounced off the Golden Zone twice And we drew it there before we even pulled out the Fibonacci sequence the you know stocks like to follow the Fibonacci sequence So if it do pull back to the Golden Zone one more time That could be a great time for us to get in at a pretty Solid price guys, so but hey We're gonna keep our eye open on this one for Monday to see if we could get a little bit more profit on Monday And there we go dreamers that is Academy sports and outdoors whether it's down up Super down on Monday or next week I'm think I'm gonna start buying a couple shares here and they're just because that hey They sell guns and they send ammunition and I literally see it every time I drive by Academy sports and outdoors There is a line wrapped around the building when it's time to buy some ammunition when they get them in stock because Ammunition has been sold out Everywhere, let me know let me know what you think about this idea down in the description I asked you guys what you think about this idea a cut last time when I talked about Academy sports and outdoors And if you took me up on idea, you're probably up you doubled your money already you tripled your money already But that's that's um, but hey, that's a stock market You never know how it's really gonna move but let me know what you think about this idea down in the comment section Why are you down there? Go ahead hit that subscribe button hit that thumbs up button and also hit that notification bill That helps out this channel more than you can even imagine But other than that guys go ahead and pick up your two free stocks of Weeble deposit your $100 pick up two free stocks It's free money guys. Don't miss out on that amazing opportunity other than that I'm Zeke bring you the dream green show and I'm out. Peace