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hey what is going on guys Andrew in the
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money options back with another video
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today is November 22nd 2024 it is a
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Friday guys so happy Friday I hope you
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all are having a good day so far as you
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guys can see we got Nvidia pulled up and
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the pre-market is down about 47 cents
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down about 3% currently sitting at 14620
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they initially had a big drop when the
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market initially opened down close to $2
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and then now it looks like they're
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starting to rebound and come back up uh
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yesterday guys uh uh Nvidia actually had
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earnings I apologize Nvidia actually had
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earnings two days ago they had earnings
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and it was an IV crush it was an IV
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Crush whoever bought calls lost money
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whoever bought puts lost money I feel
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like the institutions were like playing
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with it because they knew that there was
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so much anticipation and hype behind
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nvidia's name especially this stock
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being the best performing stock within
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the past three years so they were
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playing with it for earnings the
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institutions and then they B basically
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IV crushed the contract so whoever
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bought calls lost or puts so it's pretty
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much break even on the week down about
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21 cents nothing major they actually had
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a nice smooth recovery though cuz they
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were down $8 down 5.6% on the past week
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November 18th rebounded themselves back
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up to 147's started testing these other
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support levels and it did in fact hit it
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higher low so we hit a low here around
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138 and another low here at 141 it is
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indicating signs of bullish moment
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momentum now again guys this is not
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Financial advice I am potentially
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looking at calls on Nvidia above 149 a
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share we have to be patient as far as
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the options contracts I am potentially
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looking at next week's calls and I am
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looking at the $150 calls now this is in
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fact after the earnings so the IV is
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only
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40% when in fact before it was 177% from
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IV because of the earnings now it's
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about 40% that's a good strategy to go
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to guys as well especially for apple and
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uh Amazon's earnings after those
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earnings the IV on either side usually
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tends to come all the way down and drop
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so for instance for this Nvidia call
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which I had on the watch list it was at
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177% IV before the earnings now it's
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sitting at a at a 40% IV which is not
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bad at all that's typically the normal
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range for NVIDIA we can already see
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141,000 uh contracts traded in volume
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which is insane a 50 7,000 open interest
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and the Theta is quite low 22 I mean I
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wouldn't say it's quite low but it's
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decent low right so we're looking at
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calls above
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149 and that's not Financial advice and
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if it breaks above 149 we're going to go
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one strike price above and get the 150
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calls keep your eyes on Nvidia guys
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after that we have apple which looks
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like it just popped Green in the
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pre-market up about 40 cents on the week
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they're up about
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.38 nice chop to the
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upside uh for the past month has been a
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smooth recovery if you guys noticed that
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on October 29th coming into November
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Apple was at 2 233 a share they came all
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the way down to 221s and it looks like
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ever since then ever since November
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actually started to hit matter of fact
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ever since November actually hit the
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month of November we've been starting to
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see a steady uptrend coming up so Apple
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has rebounded from its lows till now up
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about $9 I would
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say about $8 so it's looking like very
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bullish because if you guys can see on
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the past 3 months Apple did hit a bottom
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here at
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216 and it looks like they hit another
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bottom at 222 so as long as we don't
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break below 222 a share we could see
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some bullish signs of momentum and
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continue on going to the upside for
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Apple I am looking at calls on Apple
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above $230 a share that is a key level
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of resistance so if we break above that
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we might see an instant rejection but if
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we break and hold and continue with
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another leg to the upside we might
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potentially break to 232 a halfs or
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potentially
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235s and for Apple we're also looking at
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puts below 222 again this is not
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Financial advice but keep your eyes on
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these levels for Apple stock Microsoft
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down about 52 cents pre-market little
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bit of fluctuations when the market
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actually
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opened they had a sell here to the
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downside down about 3% on the past week
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down $13 past month guys if you didn't
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know Microsoft had a big drop on October
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31st they dropped very very hard this is
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due to earnings looks like they
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recovered and it looks like they're
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starting to come down this is looking
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very bearish I'm going to be honest and
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I am favoring Microsoft to continue on
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coming down to the downside now I am
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looking at puts on Microsoft below
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$46.50 a share again this is not
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Financial advice but keep your eyes on
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that level that's a level of support but
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if we break below that support we could
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see some more blood to the
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downside taking a look at Amazon Amazon
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is down about 18 cents pre-market uh
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past week they were consolidating here
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around 200 to
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2034 a share and it looks like just
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yesterday they had a big leg to the
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downside a big Sage so they' actually
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dropped below $200 a share if you guys
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were following with me in my previous
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videos last week or even earlier this
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week I gave you guys call or puts on on
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Amazon below $200 a share which is not
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Financial
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advice and if you you did take puts
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below 200 a share you're $2 in the money
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so comment Down Below guys if you played
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Amazon puts below 200 a share I'm
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curious to see Google down about
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a121 with a big sale yesterday Google
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really sold off yesterday very very hard
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they uh they completely got rejected I
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didn't really see this coming too
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because they looked very bullish from
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November 15th coming into the November
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20th for those couple of days trading we
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actually started to trade to the like to
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the higher upside and then just
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yesterday they got got slammed so it
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looks like it found a little bit of uh
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support here at
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16464 but I am looking at puts on Google
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below 164 flat a share not Financial
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advice keep your eyes on that and again
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there is previous uh support levels on
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Google around
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162 50s a share so keep your eyes on
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that meta platforms down about $3 in the
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pre-market session looks like they
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recovered it very very smoothly in a way
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cuz they were they did drop about what
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5% earlier this week 4 and a half% they
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rebounded where they were only down
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about 1% yesterday they got hit
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rebounded a little bit more but looks
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like it's starting to see some more Sals
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to the downside now I am looking at puts
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on meta below
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$556 a share this is again not Financial
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advice meta has been one of the best
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performing stocks all year and we're
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starting to see it kind of start to form
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a Mountaintop pattern where it's coming
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down to the downside and remember
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everything that's good always everything
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that's going well in the stock market
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will always have some uh healthy
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pullbacks right so just because you see
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a stock going up so much it doesn't mean
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it's going to always go up again
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institutions SL sharks will take profits
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always keep that in mind and make sure
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you guys play it safe Tesla up about 80
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81 cents pre market look at Tesla here
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guys I want to really talk about Tesla
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for a second it's so bullish it really
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is a lot of people are looking at at
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puts and I think puts might not be a
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safe idea until we see an initial
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breakout either to which to either side
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upside or downside now Tesla is
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fluctuating around $340 a share to $342
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a share right it found support here it's
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not moving it's just staying stable
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stagnant right so I believe that again
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this is not Financial advice that Tesla
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will continue on breaking to the upside
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I'm looking at Tesla I'm looking at
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calls on Tesla above $350 a share this
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might not hit today this might not hit
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in in next week or it might it might hit
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next week in a couple days maybe Tuesday
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Wednesday we don't know but I am looking
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at Tesla calls above $350 a share that
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was its previous high in the past 3
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months so keep your eyes on that level
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that could really Bank Tesla above 350
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can easily hit 355 to 360 cuz once it
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breaks above that resistance Zone all
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these buy orders are going to get filled
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it's just
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like the trailing buy orders and then
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they start getting filled for
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institutions wise right
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now the earning sheet this was the
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earning sheet for this week guys I do
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want to say because we're full
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transparent investors SL Traders we
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missed on Walmart and we missed on
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target as far as Nvidia we hit it
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because we said it was an IV Crush for
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safety reasons and it worked uh
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snowflake was the best hit this week
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snowflake calls ran uh I think it was
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2,000% I saw a contract for snowflake go
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from $300 to $1,600 overnight because
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snowflake was up
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22% I'm going to get another earning
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sheet for next week but this week was an
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absolutely phenomenal week and I'm
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curious to see what companies are
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reporting earnings next week and I'm
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very excited now taking a look at spy
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here on a daily chart we can see just
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like we actually talked about spy was
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looking very bullish here on this
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specific candle here on the 20th of
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November you can see that spy came down
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it was here right it came all the way
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down it opened up at 590 came all the
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way down to 584 and rebounded itself all
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the way back up in the green that is a
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bullish Hammer candle it's showing very
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bullish signs of momentum and yesterday
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we we ended the day up
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$317 comment Down Below guys if you
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played spy calls and I am potentially
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looking at calls on spy Above This
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resistance Zone which is 595 25s again
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this is not Financial device make sure
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you play it safe and comment down below
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which play you're looking at if you
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haven't already make sure you guys go
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down hit that like button subscribe to
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the channel if you also haven't already
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first thing in the descript deson go
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ahead and sign up for Robin Hood get
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have any if you guys have any questions
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feel free to comment them down below I'm
00:10:12
curious to see what you guys have to say
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uh anything you want to talk about
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earnings plays what you guys made money
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off of what's your position comment them
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all down below other than that I will
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catch you guys in the next video peace