Live Trading | My Top 3 Stocks I'm Trading

TL;DR

Stock market recap, GoPro and other stock updates, trading strategy insights.

Transcript

what's going on traders I hope you guys are all having an amazing day and we have four minutes and 43 seconds before the market opens I just quickly wanted to recap the car you know the top sucks for this week that I called out and how they are playing out as you guys can see GoPro I'm sorry yuya's has now broken above $9 this was this is unexpecte... Read More

Key Insights

• 🫷 GoPro made a surprising push above $9 in premarket trading.
• 😫 Insight into buying strategies, including setting alerts and waiting for confirmations.
• ❓ Observations of stock behavior, including random pullbacks and consolidation patterns.
• 🎚️ Analysis of historical support and resistance levels for profitable exits.
• 🥹 Updates on CLR resistance at $7 and Katie holding above $16.
• 📉 GoPro's consolidation at $8.60 and possible indication of a downward trend.
• 🥳 Emphasis on researching 180-day analysis for stock trends.

Questions & Answers

Q: What were the key stock market picks discussed in the video?

The speaker highlighted GoPro's significant push above $9, Dia's confirmation below $29, and how he's looking to add more size to his position in Youyes.

Q: How does the speaker analyze stock behavior in terms of support and resistance levels?

The speaker mentions looking for previous support at $8, setting buy alerts at $8.50, identifying new support at $8.50, and recognizing resistance around $11 for profitable exits.

Q: What were the observations made about GoPro's recent stock movements?

GoPro consolidated around $8.60, experienced a random pullback to $7.95, and then consolidated at $8, possibly indicating a downward trend.

Q: Can you summarize the trading strategy insights shared in the video?

The trading strategy involves identifying historical support and resistance levels, setting buy alerts, recognizing consolidation patterns, and planning for profitable exits based on resistance levels.

Summary & Key Takeaways

• The speaker recaps stock picks, GoPro's surprising push above $9, and Dia's confirmation below $29 in premarket.

• Detailed insight into buying strategies, stock behavior analysis, including historical support and resistance levels.

• Updates on stock movements - GoPro's random pullback, CLR resistance at $7, and Katie holding above $16.