ORCL helps the Bulls

e e [Music] love n [Music] what is up boys and girls ladies and gentlemen day Traders Club swing ters hope you guys are doing absolutely fantastic hope you guys are feeling good we got Albert in house good morning to you good morning to Anna Bill Sydney Frank we got Jennifer good morning good morning to Joe Justin we got Lauren Morris Marius my bad Marius good morning to Martina Mike Shane all my people out in YouTube L good morning to Clarice we got real virtual demand already going uh let's talk about some Bitcoin let's talk about some spy would definitely cover that and all my lurkers in the background is okay I still love you hit that like And subscribe button but uh Damian's in YouTube Land good morning to you as well but yeah we'll see if you guys got tickers let me know we can definitely pull those up take a look at those yesterday's list was kind of small it was it was like a a small list of pre-market stocks with a a lot of candles a lot of openings are sitting inside of Friday's candle looks like today most likely probably a lot of the same a lot of the same uh there's obviously some out outstanding uh moves we did have some earnings that came in last night as well so couple candles may be breaking out but spyer right now is still inside of Friday it is a retest Gap we are opening at a little bit of resistance so let's see what this one wants to break out of but if uh I'd be a little cautious probably looking more for that pull back out of the gate uh somewhere around if we're opening probably anywhere I guess under 540 840 so make that a little bit of a retest the good news with today though even though we're opening at a little resistance and obviously if we could get the next 27 minutes a little bit higher we could go a little bit higher than that uh 54840 that would take me into maybe this 20 EMA on The Daily probably for some kind of rejection I do have the next vac up at like 55146 so we do have some room bullish I would assume let me see if I can get that pen out but I would assume that if we open right where we're at we do probably come in for that little pullback hopefully we use that 100 as some type of support and then we get that bounce again probably do nothing and then then we kind of break through that's how I would like to see it go otherwise I got yesterday's vpac a little bit lower than the close a little bit lower than the 100 I don't know if I would like it as much if we do come back for the retest but that is definitely some kind of support somewhere around 545 32 so we'll see if we do want to come back into that zone the reason I don't think I would love that you a bull case or at least even as a day trading case just because now you're probably just ending up back in chop cuz we got to rebre through that again um but we do have CPI tomorrow morning as well so if we just chop around today uh obviously we're rallying a little bit pre market but if this ends up fading and then we just chop for the rest of the day heading into that makes sense but it's going to make it tougher to to day trade today so we'll see we'll see I really I do think we probably get that pull back it open for at least for now that's what it's showing us and then uh looking for maybe some kind of initial bounce 546 95 somewhere in that range check out the cues The Q's have uh woken up a little bit too with the Spy again still same thing inside day a real tests I mean no matter what happens the next couple days and maybe CPI or PPI could get us out of this range but at least for now a real test is can we get above this essentially 462 maybe a few pennies lower or can we get below this candle this is this is going to be the range and doesn't really matter what's in here obviously we'll have some good day trades we'll have some some decent setups on some individual companies but as long as I think that we're inside this range I believe it's going to be a little bit more choppy and undirectional until we get some kind of news which again tomorrow it's I I don't think the CPI is going to be as big as it was three months ago six months ago um I I probably fairly comes in line unless there's some kind of Black Swan hidden in the uh CPI I don't think p is going to be as big of a deal but they should have some decent impact on the markets regardless and maybe it's enough to to bring some bull confidence back for us to get above this or this is just all chop until we drop so we'll see but Q's uh not bad still a retest Gap still inside day from Friday at least so we haven't made too much progress but getting a little bit back otherwise this is a retest so if we drop down to four 53 82 that's a I think a fair fair spot wouldn't mind that coming back to um to that Z even like 5452 something like that but that would still we're not break in any we don't have any moving averages to worry about we're not breaking any other key level so if we come back for a real retest into that and then we hold I think that would be decent for us and then that would push us probably to about 416 46090 oh my bad 46019 in the bullish Direction otherwise if we start breaking lower we'd have to look for this 49981 that could be a little bit of an issue as yesterday we did kind of already get that bounce off of there so if we start breaking down this 45420 Zone uh I don't know if we break this today I don't know if we come all the way down to 490 449 81 today but if we start getting back down there I think it is a little bit a little bit easier to break so we'll see otherwise we'll just hold it for there and uh probably probably a little bit of chop but I have to lean to the bullish side uh especially after like 10:00 a.m. 10: a.m. eastern after we get some kind of initial pullback we'll see we'll see what happens uh let me know if you guys got tickers I know uh real virtual demand says Bitcoin but yeah the crypto space has been perking up the last couple days which is good it needs it it was it was slowly slowly bleeding just a tad here you do have a good double bottom so not bad uh we've been making higher VPO so level of Interest has been increasing which is not bad too uh pretty good close yesterday so big resistance on this would have been somewhere close to the 56 695 Zone as of today we already came down we were already retested that but watch watch that spot 56 695 if we could continue to hold that you do have some resistances where it starts to get a little choppy but the next spot would take us probably to 57 850 uh but it is showing some some signs of trying to bounce which is good and then we got to deal with all these moving averages the first one on my screen at least is the 20 EMA and then uh again got to deal with some voox some some crucial levels in that zone if we can start to break through that 59 uh 157 and we got a couple spots but this is also not quite three bar reversal maybe four bar reversal uh you had some decent volume on this kind of breakdown day and that closed yesterday got us right maybe maybe a few dollars above the close that candle which is good so may again maybe not a lot happens today after that little breakout probably well-deserved rest day just kind of hang out in here for today and then maybe look for continuation tomorrow but um and I think that'd be that'd be a healthy that'd be a healthy rest as long we get that that rest to close above the 56 613 otherwise probably retest back down at least to the 55200 so we'll see all right Bill's got a couple tickers we got coin Leonard's in the house in YouTube BL good morning to you let's take a look at AMD we'll take a look at that for sure we got coinbase inside Day candle as well um again I I don't know if uh Bitcoin rallies today could be a little bit of a rest day if uh if I'm dead wrong on that it just wakes up and just starts rallying which crypto could do that uh that would that would be positive for coinbase uh still not loving this candle this close the real bull case would be probably somewhere above here uh somewhere around 16483 if we get back up into that zone for coinbase got to get through that volume otherwise we're just kind of chilling for now um if you do want to still trade it because there's still there's still money to be made if you want which is not probably the best one in terms of range but you still have about $6 a Target to the bull side would be 16154 um I would see if you got a little pullback first you definitely want to hold this 15466 so you have a decent risk reward to the higher side so not not bad um we'll get a little we'll get it a little bit higher on the list for now $6 is still $6 $6 still $6 we got Amazon amzn I guess we should look at Oracle too um Amazon it's a pretty okay Gap it is a retest from yesterday so yesterday we did have a green day that was still inside of this big red Friday so I don't think yesterday really changed sentiment too much and I would probably go leaning a little bit more bullish probably want less of a retest I think we still get some pullback but that pullback might land us to like 17723 I got my 50 and my 100 right above us so that could weigh us down a little bit um again I don't think on this one I would really like to retest yesterday's vac I don't think we do um I think in our worst case scenario we're looking for some kind of fullback 17548 I don't even know if I really want that to happen because then we're just leaning back into chop but I would I would look at this more as a gap and go bullish than a retest Gap um that being said I do think there is a little retest but I would I would really like to see 17735 hold we can get any kind of bounce off that probably getting through those moving averages becomes a little bit easier and then maybe Target today is 183 a really good day would take us back up to 18102 I think if we start closing above one uh well if we close anywhere above 18013 today I think that would get us some more continuation to the higher side uh that being said there's still a lot of resistance 18399 and 18677 but uh Matthew says I'm watching Amazon to see if it retests back near yesterday's high in the first 30 minutes yeah so that that would be the spot I I don't want I really don't want to come back down to 17437 but if it is going to retest and it starts breaking through uh I have this vpac here that does come into the high of yesterday that still keeps us above the 20 EMA um but even a highwave candle on this one honestly if we get some kind of high highwave candle I think that might be worth the attempt to try to break through the highs of the day and then maybe enough momentum to take us to those moving averages so I'm I might not need a full pull back to there where you're looking for I think that's a decent spot again the problem with that now we have to climb back through that means we let this 17635 go and we also let this 17723 that kind of tightens up the range a little bit but interesting set up on that one all right let's see what else we got we got Tessy Tess's on a move a little bit today or at least was fighting with the uh 220 level I have 22106 that's going to be a uh a pretty key level let me see it's I think it was a little higher than that actually Let's see we get more accurate on that uh 22109 and then the bigger Target on this one will take us to 22229 that I think is going to see I would imagine a whole heck of a lot of resistance on it we still have this untested vac from three days ago so Thursday all the way back to 22906 so if we really want to get crazy not bad we do have a little highwa decision candle came that candle rested right on top of a lot of those moving averages we're looks like we're trying to bounce off of it the retest for today if we get some kind of pullback probably takes us into the 21733 Zone um question is do you want to chase it or not it's it's even though these are my levels 22109 we got uh 22229 I think those are big levels uh doesn't give us that much room on Tesla that 22905 though that would be something kind of impressive um I just don't know I don't know if today unless especially ahead of CPI that we're gonna really go crazy on Tesla and we could I would almost want to see a little bit of a deeper pullback into yesterday's vac come back down to this 21726 even a quick flash at Open start looking to hold that and now we that gives us like $4 right into the resistance $5 into the bigger one with the potential to to break through that to 229 so that would give me my best risk reward if we get a pullback it's not a bad Gap but we are still definitely inside this big massive beishan golfing candle and even on this day I was like the rest of the market was dropping I was like I don't really I don't really get the Tesla and I still have some calls I'm still still in it if this thing could go crazy but um I think they expired what not this Friday next Friday so I will have to start working on maneuvering those around a little bit um just as we're starting to lose some time but not not a bad not a bad looking Gap we'll get this one a little bit higher on the list usually have it on the screen and then Nvidia uh what indicators do I use uh for the most part my main indicator is the VPO the uh the volume profile that's that's my main thing that I use everything else uh otherwise I have like the 200 EMA this light blue lines the 100 EMA the orange line is a 50 EMA the red is the 20 those are the main ones that I use but I'm I'm mainly trading off of price action and volume for the most part uh those to me are the most accurate of where something should bounce um but i' I've used most of them before I I still refer to the others and I think the other ones are good like references but these are the ones I use the most and then just trying to figure out which candles we're getting at those zones in order to kind of set up plays uh we got Nvidia so Nvidia is opening well now slightly above we're dancing around the support this one actually kind of looks decent actually I kind of like this one a lot again we got the 100 right in front of us uh what's the one at the bottom called with all the pins th this one down here this is a TTM squeeze it's a it's a whole different setup I don't use this for day trading I'll use it for uh Swings with options but that's that's this one down here uh we got Nvidia I like this I like where we're opening to be honest I don't like this 100 right in front of us at 10919 it still gives us a little little bit of room about a dollar slightly under and then the next vpac takes us to 11067 if we could break out of that the next vpac I don't think we hit this today that would be incredible but that would takes us back to 11871 uh um I think our stretch goal for the day would still be about 11470 that takes me into this zone right here that's right below some of those moving averages we just have one or two in the way one or two uh levels of resistance in the way of this and that could be a good trade we're going to need some momentum but I I like the fact we're taking this out this one might be a tough one this 11050 that's where this candle came in with all that volume so there's going to be a lot of probably resistance right here once 1067 not bad though even that would take us up maybe we shave a couple shares at that spot all right we we got Nvidia up higher on the list uh do I want to see a pullback I really don't know if I do uh but the first resistance if we get some kind of pullback should be 10726 I kind of don't even want that pullback though I I'll go highwave without that if we go opening candle high wave not bad all right couple requests on AMD I might like AMD a little bit more I might like it a little bit more than Nvidia but I kind of like both uh this one's still same thing we're opening right at a resistance so we're at a very strong level here but we are opening above this candle that's our last candle with some volume why I might like this one better is the next Nvidia candle was like this one with huge volume this still has some volume but really the next big one is all the way up here 156 this is a we talked about this yesterday this is kind of the key spot that we're like yeah if we were up here we didn't see any of this we're like where would be a good retest spot that would take us right into here so we've already hit that even for a swing trade it actually might not be a bad location and who knows what happens with CPI PPI and everything else uh with the fed and everything else this month but not a bad location pretty good open kind of like it a little bit more than Nvidia let's just see the ranges I guess the big one would be 14135 so that's still about $2 to the high side and then if we could break through it probably final Target for today would be about 144 38 not bad not bad all right we'll keep it up there let's take a look real quick at Oracle Oracle obviously having a good good jump up on earnings they did beat on everything earnings per share they came in with a 4.38% beat and then they came in with 73. 698 million above expectations they also raised on guidance I don't know uh they're not killing the markets which is good they're gapping up I think two alltime highs it's going to make this Gap a little tough being that it is an alltime highs that we just got up there but uh we finally got like even nvidia's report was good it wasn't crazy I don't know that oracles was crazy but uh you're getting a nice follow through good Gap up from it so I have this one high on the list if we're going bullish on this one I I don't think I want to play the fade but uh and I don't have any Targets which makes it tough but uh as long as this one keeps going if Oracle starts to fade the rest of the tech might kind of come down because oracle's pumping a little bit of Hope into it to the rest of the market so we have we have to watch that one I just don't have any Targets or anything like that avgo actually that that one look pretty good too premarket let's see where we're at now though B EA beautiful bounce off of that 200 yesterday if you're going to hold a spot it might as well be that 200 we did it over here why can't that happen again beautiful looking bounce uh pretty good candle yesterday vpac is higher than Friday's that's fantastic um I think the high of today might be a little bit of a challenge that that volume is absolutely incredible if we start getting above it we start getting closes for today above that candle um I'd have no choice to but to look at like a 15371 Target to the higher side so uh otherwise might be a little bit more choppy today definitely watch that candle um to the high side again I think you might have about $2 higher so not incredible range unless you think this breaks today if it does do today's Target I think is 14491 and then on a swing basis I think you probably go for quite a bit more but good looking Gap this one I wouldn't mind seeing a little pullback first I I guess I don't care if it comes back down to this 1397 that would get me really good risk reward in a bull Direction so we get this one Higher on the list too I'll get it right over there somewhere uh we looked at Nvidia already AMD smci the chips are coming in strong today chips are here representing oh good candle yesterday uh nice little Gap and go fantastic close uh was well I guess it was an okay close I guess the next level I'm looking for this two break is 4479 so about 79 cents higher the next Target from there takes me 422 98 and then 435 even if we get to that 435 Mark I think we have a really good trade stretch Target for today probably takes us to 44465 it is a beaten up stock not uh anywhere close to all-time highs it does still have a lot of room to the downside some of the volume that we got coming in definitely a level that we want to see hold otherwise it takes the next little dumper rooki down to three 33273 and then 294 I'm going to get this one pretty high on the list I actually might like this one more than AMD and uh Nvidia combined actually uh it's opening at that little bit of resistance so lots of volume on this candle I think if we're slightly above that I kind yeah we are small pullback I want to see a small pullback on one nothing too crazy bouncing off the weekly 100 simple I like that one again we still have a couple spots we got to try to get through but um still vrdn uh Therapeutics ah dis they disclose exciting data so everyone got excited through a little party from experimental thyroid disease and then you can't have you can't have the word exciting and then thyroid eye disease in the same sentence that's no counterintuitive uh all so yep news on uh looks like drug development uh typically for me I stay away from these things if the news came out I think this one probably fades probably goes a little bit higher first though if it has not done so already but watch 1645 that should be some kind of resistance if it wants to keep going look for like 1684 a lot of times after the news is already out you do see some kind of fade but those those things they will trade wild Dollar Tree uh not doing too much yet so just one a little bit of a gap down actually I don't really love where this one's opening this is a uh Gap and go to the bearish direction still inside day I probably this one gets bought up at op 6692 should be some kind of resistance see if that holds otherwise you do have a lot of room to the downside if you want to play something short that might take you back down to like 6222 um but probably targets for today look for like 6347 so a little bit of potential short but most likely I think we still just chopping chopping with a a little bit of edge to the be side all right let's see did that cover all of them I know I had to ad miss something now that covers all of them all right Let's do let's go to hood real quick let's go to a couple more uh Hood that's chilling Inc that one's chilling Starbucks got a good bounce off the 20 yesterday but big resistance going to take us back to 9294 if it could break that and hold uh that would look decent J blue nothing too crazy AI mu oh no mu kind of looks good mu looks decent if we get a a pullback really good support somewhere around 8623 room to the higher side it would be I think today's Target about 8919 they probably do have a little bit of room on them we were watching Arm yesterday too and then Bob as well uh arm that is a gaap and go bullish retrace so got to wait for that one to pull back first and then it's kind of still just in chop Zone nice little gap on uh baba um I think they got pushed into another Market as well I think they got added to another Market I read briefly and I think I was like half nice little gap on that one so uh I don't even see where we're opening there we go opening price you still have a little resistance 8422 and then Target I think still takes us this 8544 little bit of a retest for us maybe kind of come back down look for support around 8295 but that is the opening bell so everybody out there in YouTube L make sure you guys hit that like H subscribe buttons If you not done so already and uh we'll do this again tomorrow we'll run it up again tomorrow you guys are awesome