what's going on guys good morning I'm actually doing a little bit of a
different kind of recap I recorded this trade here on GM he's live you can see
this morning looking on the top losing stocks you can see GME they're popping
up they're down 8% checking out stocks with seeing what the story was about see
what people were talking about bad news earnings so that was kind of the goal I
was like ok ACGME has bad news all the earnings is bad people are talking about
it so I ended up going short I'm getting filled there at the 1990 area and was
looking for this move you can see here looking at the previous resistance
previous support previous support back there at the 2025 area so we were below
that really no support below where we were at so we were already below that
this morning had bad news so basically looking at this 1976 degree as pre
market support 1980 so looking for that break there of 1980 I had plenty of
buying power left I was gonna try to get some more shares I'm try to get about a
thousand shares there up at the 20 dollar area if I keep getting filled so
basically watching this thing bounce you can see some of my fills they're short
this morning getting that fill there at the 1995 area was looking for this
bounce here and it ended up actually breaking through this 1980 area and
getting a bunch of buyers for a second got me kind of worried this might not
want to crash and you can see as this breaks through 1980 this goes lower and
lower it breaks through 1980 there goes down there to the 1970 area and then
gets bought up really quickly I was up 60 bucks at that point it was 3:30 in
the morning here in Hawaii so thinking uh maybe I'll just cover here go back to
bed up made 50 bucks can't complain and you can see it bounced pretty hard there
and then came back up pretty fast so I was thinking okay I need to grab some
more shares here get a higher average make some get some more shares here
maybe above that $20 here if we get that break of 20 coming at that 20-25 area as
my stop area if it goes above that was probably cover there for a small loss
but I was basically watching this channel area in 1980 20 25 area was
hoping to get filled a little bit higher than 20 20 a little bit closer that 20
26 area try to get thousand shares put an order out there try to get filled one
more time there at 1998 couldn't get filled there
cancelled out of order basically was waiting GME retail stock really not a
too convinced that the stock had much power to go higher
basically it was worried we might just get kind of stuck there at Obon maybe do
a little bit of the balance but you can see here it jumped up there to 2010 big
sellers popping up there on the sell side and that was a good sign I ended up
trying to get filled there at 20 2015 couldn't get filled I thought we might
get that break of the 2010 area didn't get ever didn't never break it there you
see my put my order out there at 2015 trying to get 200 more shares here so
you have a thousand shares and that got smacked down really fast and just didn't
work out and going right in here to open a bunch of volume on that Cain old one
minute candle here nine it's like 928 here and you can see from that 2010 area
pulling back down below $20 it's basically watching the twenty dollar
area trying to get 200 more shares there at 2005 couldn't get filled never got
back up there and basically ride it open this thing that starts to crash had
previous support from earlier when this thing crashed I put er there the
nineteen fifty area so basically was watching that getting ready for open
here market opens and this thing just starts to crash so end up canceling that
last order only had eight hundred shares probably should he grab two hundred more
shares there at nineteen ninety-six would have been nice fill but you can
see it working out pretty good for me overall waking up three three the
morning I was actually dreaming all night that I was trading and then I woke
I was like wait is it already time to trade or did I trade or I'd make any
money here in Hawaii a little bit different trading at 3:30 in the morning
looking without 1980 area to break and just start to settle off here at open
and it really had no chance once that nineteen eighty area broke and boom
right through open just crashed through that nineteen eighty year you can see
him up behind $62 was waiting seeing we get this bounce at nineteen fifty area I
was thinking I might just take profit right there three hundred bucks and then
I ended up taking profit there kind of had a little bit of support there at the
nineteen fifty area for a second and you can see it make it three hundred right
after that it just starts crashing going lower down there to 1920 there 1921 look
at the sellers they're stacking out there's a short sale restriction here
but a lot of sellers on the ask right now just look at those sellers stacking
up there this thing had no chance of going higher
should he gave it more time since maybe only covered half but hey you know what
it is hindsight's always 20/20 this thing could've balanced their 1950 maybe
went back to the $20 area who knows well there is breaking through nineteen
dollars I had 800 shares they're short and would have been a beautiful 800 or
profit just holding this one for the first two or three minutes here there it
is night down there to below $19 1890 was a low there so GME just doing
exactly what I had planned working out breaking through that 1980
area and then breaking through that previous support that balanced there
free market at 1959 so beautiful morning make 300 hours here went back to sleep
afterwards I woke back up and made this little recap for you guys hopefully you
guys enjoyed it a little bit different than normal sitting by the pool you can
hear the birds chirping the wind blowing here in Hawaii it's a beautiful morning
gonna go out and do some surf and have some fun today and on that note I will
talk to you guys later remember the number one rule bears and bulls make
money the stock market pigs get slaughtered
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