Boring April Stocks + a Ferrari?? — Transcript

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1. 0:04[Applause]
2. 0:04[Music]
3. 0:23what's up a Stephen Dexter today we're
4. 0:25gonna talk about a little bit about
5. 0:27April April it's pretty much very very
6. 0:30boring
7. 0:30I haven't placed that minute rate
8. 0:32there's no pictures in April super
9. 0:34boring and very low volume so today I'm
10. 0:37gonna go over some of the particulars
11. 0:39that happen in April and little bit of
12. 0:41adjustments while you careful with in
13. 0:43the future let's get into it
14. 0:44ft ft this one was a gap pop short if
15. 0:48you don't know the criteria you need to
16. 0:50watch the DVD now this is some of the
17. 0:52key component you need to be pay
18. 0:54attention to so you see this one pollen
19. 0:57to bottom and typically when stock
20. 0:59losses on the bounce right with a crack
21. 1:02it's very difficult for them to come to
22. 1:05the original level where you broke down
23. 1:06so I'm gonna say crack here then you
24. 1:09bounces back up to 205 this is the
25. 1:13signal that the stock will get choppy as
26. 1:16soon as you see that if you have any
27. 1:18interest in a short I would suggest get
28. 1:21out and just watch for the next support
29. 1:25to be crap and that's where I waited we
30. 1:28did not crack in that 1.80
31. 1:30and they bounced again so once it does
32. 1:34is one two three support sing and try to
33. 1:37bounce off the crack level and with all
34. 1:40that signal that means today is not a
35. 1:43shore so especially in the morning you
36. 1:45can wait on to opportunity to see what's
37. 1:46going on but typically for me if you
38. 1:49start to get choppy and scanning a query
39. 1:51getting volume and I'm just out for a
40. 1:54day so that's 4 ft ft now that's how you
41. 1:58really trade on the first screen that in
42. 2:00a second there you can use a pattern
43. 2:01called Oberstein gap down once the stock
44. 2:03gapped down you can see you bounced off
45. 2:05it's reading really low volume now the
46. 2:08reason why I did not short ft of T you
47. 2:11can see this consolidation range between
48. 2:131.93 and they started with 75 cents so
49. 2:17the total gains around $3 the
50. 2:19consolidation range is 1.5 that's around
51. 2:2150% of the entire game now once you have
52. 2:25that since the support and the
53. 2:29resistance are very it's so wide and
54. 2:33prices jumping 50 percent of the entire
55. 2:35range which is really difficult to find
56. 2:37a resistance you can say all resistance
57. 2:39to 1.19 can say resistance that three so
58. 2:43when you sure we can't really find a
59. 2:45very very specific resistance and you
60. 2:49have this large range you don't know
61. 2:51really where the stocks gonna tap out so
62. 2:54what you can do sometimes if the range
63. 2:58is a little bit smaller you can say I'm
64. 2:59gonna entry one point one nine and add
65. 3:02two point two five add two point six but
66. 3:07if the range gets too big you cannot
67. 3:09control average once you can now control
68. 3:11Everidge you cannot control your risk
69. 3:13management so that's very very important
70. 3:15if you can't control it then you're
71. 3:17gonna have a really bad risk award and
72. 3:18that's how you get squeezed that's how
73. 3:20you take a loss that's how you make
74. 3:21mistakes so they're very important on
75. 3:24the 50ft and this kind of pattern happen
76. 3:26happens a lot just be very careful on
77. 3:29shorting and to go along let's say to go
78. 3:33on long into this breakout typically on
79. 3:37a massive gainer
80. 3:38or in the pre-market the breakout is
81. 3:41typically not as strong since it's not
82. 3:44at micro flow so that's why don't go
83. 3:46wrong into this pre market breakout most
84. 3:49of the time to fake out sometimes it's a
85. 3:51breakout where situations that breakout
86. 3:53for like 100 percent sixty percent so by
87. 3:56statistics if the volume is less than
88. 3:58the previous day highly likely it's
89. 4:00gonna fade that will be the pattern for
90. 4:02F T of T now let's talk about RBZ this
91. 4:05one happened on Friday and you can see
92. 4:08this consistently holds from $4 to 27
93. 4:14first it's a microphone you can see it's
94. 4:17about 2 min and it's a decent low cap
95. 4:21and when you see very very low volume
96. 4:24and you can see consistently training
97. 4:26out with mass amount of range let's say
98. 4:28now 4 to 12 but you only took about 125
99. 4:33on that's really low volume considered
100. 4:34to be on spec your hundred-percent
101. 4:36unless you see that with low volume
102. 4:39there's gonna be a huge spread and to be
103. 4:42able to execute a really good
104. 4:43price is super super difficult so I
105. 4:47don't understand people were chasing for
106. 4:49a beginner if you chase them this is
107. 4:51your mistake even though you made money
108. 4:53so that will not keep you consistently
109. 4:55in a stock market that's for our busy
110. 4:57this one's very similar to hunt hounds
111. 5:00very classic intraday hope with
112. 5:03manipulations and with super low line
113. 5:06this one traded even lower volume than
114. 5:08rpz traded about 70 ktk volume so with
115. 5:13little volume spiking large percentage
116. 5:15always always try to not treat it at all
117. 5:19on the current day we have a play in
118. 5:22coming Monday PP th this one I will say
119. 5:25it's a bounce or not very sure since
120. 5:29still micro flow I just want to be very
121. 5:31careful about the sticker BP th that
122. 5:34squeeze many many people back in March I
123. 5:37think there is some resistance around 30
124. 5:41I would say 26 and heavy resistance at
125. 5:4437 so for micro flop if you're a
126. 5:48beginner tends to stay away and try to
127. 5:50explain some of the a very dangerous
128. 5:53component and little bit adjustments on
129. 5:56cap up short so if you liked this video
130. 5:59click the button below if you like my
131. 6:01strategy we rock to learn more about it
132. 6:02click the link in the bio I should take
133. 6:04you there so that'll be the end of this
134. 6:06video I hope you guys liked it and I
135. 6:08will see you guys next week
136. 6:10[Music]
137. 6:16[Music]