Transcription
Volatility continues on the spine overall markets, and as I always like to state, volatility presents opportunity. If it's your first time coming across the channel, welcome to all subscribers. Welcome back.
Now, you could see there popping up on the screen one of the most recent penny stocks I mentioned. It jumped up really high. We're talking about 700% plus overnight, and then others that I've mentioned in the past. And for the last year or so, we were talking about the QQQ and SPY, but now we're focusing back on penny stocks. So, in today's video, we're going to break down penny stocks that are looking primed to possibly even squeeze higher and go and retest key resistance levels going into next week. And we're striving for opportunities like these every single day, guys. Now, volatility presents opportunity, right? So, I'm here to bring value to you guys.
The first penny stock here on this list is SPHL. This stock had a strong bounce here in the opening bell. It was actually sitting under bright green bars and a bull indicator on the 15-minute. And then you had the five-minute, same thing. And if you zoom into the three-minute, same thing. This is what we call the green, green bull indicator, bull indicator, bull indicator. If you're looking for three confirmations in our strategy using 42 vision, which you can get connected to our 42 vision indicators, bowing bear indicators, and bright green bars in the link down below and on the first pin comment, either in the description or first pin comment, the link is there. And the goal with this is to simplify and enhance your charting experience by making it easier and bringing value to you to know why you're looking at something. So once a penny stock has volume, now you look at the chart and you know why to look at it. The three-minute and all the way up to the 15-minute were under bull indicators and bright green bars. And this stock jumped up from 280 all the way to $10. It's pulled back, and the most critical level right now, it's under a bare indicator on the 15-minute. This needs to change. It needs to hold and get back above $5. And it's doing that in the after-hours. The lowest that it went was 457. It needs to get back above five. If it breaks below five, the key level here is 450. That gets broken through, I would just ignore it. It needs volume and it needs to hold certain levels and inflows to pick up. If five can hold, the first resistance I'll be watching is $6 to $6.50. And that's just 20 cents away from where the bare indicator popped up and breaking through 670. I would like to see a bull indicator pop up and bright green bars on multiple time frames. So, that's that for this one.
Now, I want to share with you guys the home run opportunity that was mentioned today over at the Discord to bring value to you guys as I always do. So, the home run of the day was spectacular and beyond expectations. And if you guys want to know these levels early on and receive this edge and clarity within the charts to further enhance your charting experience, the link is down below in the description in top pin comment. And the goal is to bring value to your trading experience and charting experience, guys. That's the goal here with our 42 vision indicators and the TP levels that come in. Yesterday's TP levels hit. We knew the levels since 751, and the TP levels were 756 and 757, both got broken through. And today's TP level on the SPY was at 8:05 a.m. and never got canceled. A rapid bear alert, and we had TP1 7:49 and TP2 at 7:48. It broke through both of those within the first hour and jumping down towards the middle of the day at 7:42 and hitting lows of 7:35, making put options go up in a single day over 300% plus. Guys, this is what it's all about. Knowing the levels in advance, cuz we knew them since 8 a.m. up here at 752, breaking through them and gravitating towards that price once the confirmations are in and strategizing to maximize within the volatility because volatility presents opportunity. If you guys want to add this resource and bring this value to your charting experience, the link is down below in the description and top pin comment.
Let's jump into this penny stock's chart. Next one here on this list is SNBR Sleep Number Corporation. This stock had an explosive move. The 15-minute was under a bull indicator and bright green. You go down towards the five-minute, same thing. And then you go down towards the three-minute, same thing. Bright green, bright green, bright green, bull indicator, bull indicator, bull indicator. And this one had a pop up here up towards 46 cents. Pulled back. It was sitting at 39 and it took off all the way up to 87. Now, the stock is fighting to stay above where things started to run, and that's what makes this one interesting going into next week. We want to see on this stock when you zoom out to the 15-minute for a bull indicator to reappear in bright green bars, but it's holding that 45 area, sitting at around 54, and the highest that it's hit is 59. It definitely needs to break back above 60, try to retest where the bare indicator popped up, which is 65 to 67 cents, and then try to go for a retest up towards the 80s or even 90 area. And if this one reaches a dollar, it could quickly start to gravitate back towards key resistance levels in the history of the chart and retracement, which it already tried. And breaking $1 can quickly bring things back up to 110 or even the 120 area. So, something to watch there with this one going into next week.
The next one here on this list is SCAG. This stock is running here into the close and pulling back fast back under a bare indicator. But again, 15-minute under a bright green bar, five-minute under bright green bars and a bull indicator. And same thing on the three-minute. That's what we look for multiple confirmations. That's the whole goal with 42 vision. So you know your levels early on, you know why early on, and you have all the confirmations to go ahead and make a strategic move. That's the whole goal to be informed and bring you value by using these resources to simplify and enhance the charting experience through the process. And again, that link is down below in the description to get connected and join us. And as well as you get those TP levels coming in live like our home run today from the SPY if you trade options as well for ETFs or individual stocks. But this stock popped up all the way up to a dollar. It pulled back, sitting right now at around 56 cents. If it breaks below 50, I'm ignoring it because it is under a bare indicator here on the three-minute and all the way up to the 15-minute. This needs to change back because when you go to the 30-minute, when in doubt, zoom out. The 30-minute was under bright green bars just a few minutes ago. And now it looks like it might confirm a bare indicator and it hit dark green. So if this bare indicator stays, I would ignore this one. But if it doesn't go ahead and confirm and this bull indicator is still in effect, it's going to be important for this to switch back to bright green and try to retest. Look at it right there. Live action. It's popping up a little bit. It has 10 more minutes to go, but if this could stay bright green, and there it goes. It's in the middle ground right there. It needs to get back over 56 cents if it really wants to go ahead and not close and confirm with a bare indicator, but it needs to stay bright green. And uh if it does, then it will be important to see the lower time frames switch back around with it. So, that's that for this one.
Now, the next one here going into Monday is GMHS. This is a home run opportunity here that already ran in the after-hours and it's setting up and being primed to possibly go even higher as long as the bull indicator on the three-minute and all the way out towards the 15-minute do not cancel. And we have the 15-minute and the five-minute under bright green bars and bull indicators. But you go all the way down towards the three-minute and it's red, and we need bright green bars to appear here as well. You have so far dark green. So this was bright green and it switched to dark green. We needed to go back to bright green, but they all have bull indicators. And if you zoom out to the 30-minute, bull indicator and bright green. So strength of trend is still on the larger time frames. And what's going to happen here that's going to be important is that the three-minute, it hasn't canceled the bull indicator, but we want these to go back to bright green and hold support. If this breaks below 138, I would completely ignore this one and move forward and find another opportunity. But this one right here above 150 and trying to push up, it could quickly go to retest 179 and a breakout above $2. If we zoom out here based off the retracement in history of the chart, there is room to go higher. After it goes to $2, it could go all the way up to 220 and even the 240 plus area, guys. So, pretty big move here so far from the 90 area today, and it's sitting at 169. Multiple bull indicators and bright green, bright green, bright green, guys. That's what this is all about. And it's moving. It's at 171. Now, if we go back to the three-minute, it's there you go. Dark green bars popping up. It needs to go switch over to uh bright green and the bull indicator is there. Strength of trend is still intact. But this is definitely one to watch here going into Monday's pre-market and Monday's trading day, especially if volume persists and those retests to the upside happen. And there it goes. It's going towards 177, popping up really strong here. But this is what we strive for every day. We're looking for those confirmations. I break down the full strategy over at the Patreon. You can go ahead and see that video there. It's one of the first posts when you go down. And also on top of that, being equipped with all of this uh is all about making the difference of enhancing your charting experience, bringing value to your trading experience as well, and making things so much easier when it comes to executing and knowing why you're looking at something and knowing the levels in advance and making the setups clear, structured, and easy to execute. Guys, that's what we strive for every day. And as always guys, thank you guys so much for watching and let's make some money.