Transcription
Hey everybody. Um really good week this week with the videos. Um I picked up a few subscribers along the way and um hopefully some of them uh were able to um see what I was seeing in some of these uh charts and uh potential plays and and made a few dollars.
U like always disclaimer, I'm not a financial advisor, so anything I talk about, do your own due diligence and um you know, don't bas your decision off if I'm doing a video or talking about it. Um, I do these I I to help people a little bit and uh I enjoy them. U enjoy the new channel I got going and u we had some really good runners this week. Um especially yesterday with um AIOS and CU both had really big days and I was really happy with them. I picked up some shares of UK uh in the afternoon um before it started taking off. So that's another one I really like.
Um I'm going to highlight another one right here though. But um they always say it's it's good to be early. Uh plays like this is is you know they're quiet until they're not. And um you know the tiny folk plays are have been really hot lately. China plays just there's been more focus on them because um they're good companies and uh they're very undervalued and and when people jump on they can really take off and that's what we've been seeing a lot lately. So um without further ado, let's get into the next one.
Um, the next one I'm looking at is the symbols SKA. Um, looks like around 50,000 float, which is crazy. Uh, the outstanding shares looks to be around 2.4 million. Very tiny share structure, but um, with a little bit of digging, it looks like they actually are profitable company. Um, from what I saw, it was like looked like 62 cents a share. Um, so I mean there's nothing, you know, there's nothing wrong with the company itself. Um, just very lightly traded. I think it traded 16,000 shares yesterday. But, um, doesn't take much, you know, 100 200,000 shares day drum, you know, jumps in and they can they can go off.
So, uh, few things I like about the company. I love bottom plays. um basically where they bottom out and with a little bit of buying pressure they can go up and and you know a lot of money can be made off of these um uh the 50-day moving average basically been pushing this one down for quite some time which is not uncommon. I mean that's basically resistance along the way and as the 50-day moving average drops down obviously price drops down. Um, usually the 20-day moving average also, you know, is right there pushing it down. Um, which right now the 20-day moving average is sitting at um, two about $2 on the chart and the 50-day moving average is 239 and this closed today at 175 yesterday. So, um, first off, I already have some move some room to to run up and start testing these moving averages. So, so I like that right out of the gate.
Um the MACD, the MAC uh D is is just turning positive, which which usually means it it triggers a nice little buying spree. Um I've seen a lot of chatter starting to pick up on this one as well. Um doesn't look like there's any dilution at all. It's just one of those quiet plays that um people are starting to look at and um can really take a nice pop. So, let's see what happens with this one. I I'm I'm, you know, looking closely at at Monday. You know, I might dip my toes in, per se, and, you know, take a starter. But, um, that's just me. You You uh do your own look and see what you think on it.
But, um, like I said, I'm these these videos are basic. I'm not like the flashy people that go out and and, you know, they have AI or, you know, they throw the fancy charts and and, you know, price targets and this and that. I'm just telling you when I see a a chart that might be uh starting to flip to the positive side, I like to point them out. I've been doing it for years and um I hope I I know I've helped some people along the way and hopefully I help more people along the way. But like I said, anything I look at, take a look, you know, do your own due diligence because not everybody's perfect and and you know, that's just the way it is.
So, um, if you like these videos, I'd love it if you could hit the subscribe, hit the like if you like the video itself. Um, comments, I love comments. So, uh, let's just, uh, I'm going to keep digging. I'm going to put a lot more of these videos out as I go along. So, uh, hope you come along for the ride. Take care.