Guys i do this all the time i just recorded this whole video, and i realized that i had my my webcam microphone on and my actual microphone on. So now we just got to start over because that sounded absolutely atrocious. Oh well! What do you do? The three day monday is almost over. We are so close to friday.

Tomorrow. I can't wait to get back into the market. Let's get into the video. What is up, everybody welcome to trace trades, where we get technical analysis on different stocks in the stock market, as well as potential buy, hold or sell opinions on these.

Given stocks i'd like to preface by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt. The reason i started this channel is because a couple years back, i was about 30 000 deep in some medical debt, and i was very fortunate to have some close family friends and mentors that pushed me to work hard and invest my money and i'm happy to Say that not only am i now financially free, but i'm doing pretty well for myself at the age of 23. So if i can pass on any of the information, resources or tools that are given to me here in the community make a couple people better off than they were before. That's all that i can ask for last.

If you not mine, drop a like on the video, it really does help support the channel and consider subscribing. If you like, to see more content like this. Now today we are going to be giving you a analysis on ticker symbol, hcmc uh. This is a otc market company and uh.

We've got some interesting stuff to cover here today. This has been a subscriber request, as well as a patreon and discord requested stock and uh. It's a very interesting situation. There could be some solid upside here, so we're gon na look at this on the one month chart as well as the one day one minute chart uh and try our best to analyze this.

It's it's not very good price action to be completely honest with you, but uh. We will do our best anyways, as i actually do see that there's some potential upside here, alongside with some risks, so uh we're gon na do that level off some support and resistance levels. Some current trends that i'm seeing on the charts i've got a couple. Different indicators pulled up which are the rsi down here, the relative strength index anything over 70's overbought.

Anything under 30 is oversold. I've got three different indicators on the charts themselves: the 200 ema, the 14 period v-wop and the 14 m8. Now the 200 ema is the exponential moving average, and this is a price action based valuation trend line over a 200 day moving period, and then i have the 14 v wap, which is typically used as a level of support or resistance for day or swing trading. More useful, on the one day one minute chart, although not particularly on this chart and then the 14 period m, a which is the moving average.

Some brokerage accounts call this the simple moving average or the sma, and this is a price to action based valuation trend line over a 14 day moving period, and i like to use this alongside the 200 dma to get both a macroscopic and microscopic perspective of price Action so that we can have a better idea of what is going on in a stock. So we'll look at that. Look at the levels of support and resistance, bullish, bearish indicators, anything else that i think is worth mentioning here on the charts and let's just get right into the video. But first i want to give a quick shout out to the guys over at the patreon.

We are 700 members strong now, which is absolutely insane to me. I'm so grateful for everybody here, uh you guys rock. They will have access to the private discord as well as real-time insight to my personal trading and guys. We've got a lot of great stuff in here.

We've got chat in questions, investing assistance, options, trading stock bot, which is a great tool. You can use to find a bunch of different statistics on stocks and how to snap your fingers, wsb updates short term plays midterm, plays long term plays, spac plays cold stocks, a whole bunch of different industries and sectors, and some people here make a pretty decent killing Guys we come over here to the weekly earners and learners. We've got 48 in a single day, which is absolutely insane. We've got uh.

Look at this 148 in a single day up in the after hours. If you'd like to join. There is a link to the patreon description box down below now, if you're not familiar with what what hcmc is we're going to read you off a quick description just so that you are tracking and uh? Let's just do that right now, so this is from their website healthier, uh, healthiercmc.com and uh. They are this healthier choices, management, corporation, formerly vapor corp, is a holding company.

The company is focused on managing healthy food markets and providing consumers with healthy, daily choices. With respect to nutrition and other lifestyle alternatives, the company segments include us-based retailer of vaporizers and e-liquids and the natural organic grocery operations in fort myers florida. The company sells direct to consumer through the company owned brick and mortar retail locations, and the company operates under the vape store and ada's natural and organic brands. Their current financial situation, not great.

They have a lot of red in here, uh revenue per quarter q3. They had 3.35 million up a little bit from the previous quarter, but down from their q1 and uh, you see the whole picture here. Right there's a reason: they're in the otc market, their overall annual revenue 2019, they did see about 15 million dollars of revenue up about 3.19 uh from the previous year. So all in all, they are slowly growing right, slowly, slowly growing.

But that is not what interests me about this company. What interests me about this company is some of the news that we're seeing here so basically what's happening right now with hcmc. Is there is another company known as philip morris who they are filing a lawsuit against for patent infringement, and this is a big deal. We could see some pretty pretty hefty uh money come out of this, this lawsuit.

So let's just read this article real quick. This was posted on november 30th, 2020.. It is old, but the reason that i'm bringing this up now is because this has been brought up by uh reddit's uh. Specifically, the penny penny stock reddits and people are really jumping on this.

They see this as a huge opportunity to make some pretty crazy cash. So, let's just read this real quick, healthier choices. Management corporation in the otc market today announced the filing of its patent infringement lawsuit against philip morris usa incorporated and philip moore's product's essay in connection with the product known and marketed as iqos. The lawsuit was filed in the united states district court for the northern district of georgia.

The international law firm, cozen o'connor, has been engaged to represent hcmc in this matter. Hcmc's lawsuit includes claims that philip morris is infringing hcmc's patent rights in connection with iqos, which is their their patented smokeless tobacco product. An alternative tobacco product marketed and sold by philip morris phillip morris claims that it is currently approaching. 14 million users.

That's a lot guys. This is a big deal, there's a lot of money here of its iq os product and has reportedly invested over 3 billion dollars in the smokeless tobacco products, and if all of these are infringing upon the patent of uh of hcmc, that is a lot of money. That's a lot of money. A lot of money phillip morris has been very open about their ongoing transition from traditional, fully combustible cigarettes, their modified risk to ba tobacco products, including iq os.

The philip morris iq os product is currently the subject of two other patent infringement proceedings filed by rj reynolds tobacco company, one proceedings before the international trade commission and seeks to stop the importation of the iqrs product into the united states. The other is a patent infringement action currently pending in the eastern district of virginia rj. Reynolds patents are unrelated and not affiliated with the patents asserted in the hcmck, so these guys are getting attacked by a couple different companies, but if hcmc does end up winning this infringement uh, that's a lot. There's a lot of money tied here right, so three billion dollars under smokeless tobacco products and if all of their smokeless tobacco products are coming from this patent infringement uh.

I'm not saying that they're gon na get that full three billion dollars, but think about this guys per quarter. These guys see three million in revenue the previous year. They saw 14 or 15 million dollars in revenue, so even if they get a quarter of that, even if they get 10 of that 300 300 million dollars right. That's a lot of money! That's a lot of money! That's 10 times as much money as they've turned in that's 20 times as much money as they've turned in the past year, so that could really influence the stock price, and i can see that being a huge push now.

The only thing that i don't like is, i have not found a date regarding when we are expecting this lawsuit and this this patent infringement to close, but when this does close, this should influence the stock price very, very heavily, and this is the definition of a Micro cap stock guys, so if you get into this, when it's really really low, you can see a pretty severe and high upside. I would not be surprised whatsoever to see this 5. 10. 20 x.

I mean just do this: do some quick math we're going to lowball this and say that they get 10 of that three billion dollars that uh philip morris has made off of that patent infringement right well, they're, a 15 million dollar company! So if they get 10 of that - and that is 300 million dollars that is 20 times as much money as they turn to the last year 2019. So i'm not saying that's going to directly correlate, but if this stock 20 x's even just up to a couple pennies right that is going to be exponential, that is going to drive some pretty you're going gon na make a lot of money. You're gon na make a lot of money getting into this. If you see a 2 000 increase right um but, like i said i don't know when the exact date is so just keep that in the back of your mind, let's look at the charts, quick.

If you look at the charts, we do have a couple different possible support levels, so we've got a support level at point: zero, zero, zero, seven and point zero, zero, zero. Six, we've got one two three four five: six different candle wicks touching here and then one two, three four different candle wicks, five, six, almost seven touching here. So if we lower this just a bit right, there looks pretty solid and i could see that being a pretty solid hold. I mean this.

This company did not correct very harshly on the charts here. If you look at the rsi at one point, they were touching 89, which is extremely high and at the low point they only corrected the 53, which is still not bearish territory. That's still bullish. So that's not a very harsh correction.

That's not bad whatsoever! I am going to drop a fibonacci retracement so that we can see uh how nice of a correction that was - and it was not. It was a little bit below the 61.8 percent, but just keep in mind the overall rsi, so typically you're looking for a hold over 50, but it did bounce very nicely. These are candle wicks. So i am gon na err on the side of caution and say: hey.

We did hold up at that 61.8 percent and then the next day did bounce up to this 50 retracement, and then one thing that i'm also noticing that i actually like to see a lot is: we are currently in an upward moving channel. We have a trend line that is very recognizable right here. We've got one two three four different touch points here on this trend line, so it does seem to be a respected support level and if we do continue on that upward trajectory, uh there's a lot of upside here and you could. You can make some pretty calculated decisions on whether or not you want to get into the company so um.

What's the best entry point? Well, i can see it's going to ways. We either see it continue to flat line and kind of barcode here. Along that point, zero, zero, zero, six and point zero, zero, zero seven or it's going to continue on this upward trajectory trend line. My personal take on this.

If you were going to get into hcmc uh, don't put any money in this that you're not willing to lose. There is a lot of risk involved, there's a reason that it's a micro cap stock, their overall revenue over the past year, not extremely high. You know i'm a guy that likes penny stocks right. The the leverage and the amount of upside is very, very high.

If you can make calculated and educated decisions on whether or not to get into a company uh, you see a lot of growth. There then do it right, because that that's awesome, but with hcmc, i don't know the date on this on this lawsuit when it is supposed to come to fruition. So if you're gon na put money into this just be comfortable with the fact that this might go all the way back down to just barely uh less than a thousandth of a penny. So just keep that in the back of your mind.

But it is on some upward movement right now. I do know there are some people that actually turn a pretty sick profit on this got in it, one thousandth of a penny and got out at point: zero, zero, one, four uh, that's a that's a huge upside, and it may continue on this upward trajectory. I would not be surprised in the least bit, so that is what we're looking at right now: point: zero: zero, zero, six and zero zero zero, seven as the best possible entry point, and if it does continue on this upward trend line, try to get in around This point: zero, zero, zero, eight level or, at the very worst nine but uh like i said, a lot of risk involved, the lower you can possibly buy this. I mean, if you see a candle lick like this happen for even a brief moment and you're able to get into point zero, zero, zero.

Four. That is awesome. You can honestly just set a limit order for that that exact level and if you see a wick, touch down there for even just a split second uh. If, if the shares are there to be filled, you can definitely hop in and make some pretty filthy profit on the stock.

So that's how it looks right now. As far as upside goes exit strategies, right just be careful uh. We don't. I don't know personally, if you do know, and you know it - please drop it in the comment section.

I was not able to find it. I'm always gon na air on the side of caution, say i don't know, but we don't know the overall lawsuit date when we're expected to see this close, and this typically does take some time. This is filed back in november 30th of 2020. It has still not closed, so we we do know that they've been working on this for a couple of months, but uh there's still risk involved with this stock.

I do not currently have a position in this stock. I am working on the process of transitioning over my portfolio from fidelity to weeble, but i have a position in amc on both of those accounts as well as bb, noke, clwd and snpw. Those are my stocks that i currently have a position in right now, so i do not have a position here, but i am thinking about establishing one with maybe just a couple hundred bucks just to see what happens. I i'm not willing to risk a large chunk of my portfolio on the stock, but there is definitely some possible upside now.

The one day, one minute chart not a lot of data here, i'm gon na be honest with you there's nothing. I can really tell you about this um. This is just barcoding, basically to a t, and if i could i would, i would tell you what i see, but this is just ugly price action and that's why i say: there's risk involved with this play. Please don't put any money into this.

This is a play that you're basically buying the hype and selling news on right. There's not a lot of technical setup here. This is a play that we're like okay. So we know that news, catalyst, typically trump's technical analysis, and we do know that there's news catalyst coming up on this stock, so that is why i presented it to you in that way, and that is what i have for the video.

So if you enjoyed it, please drop a like. It really does help support the channel and consider subscribing if you like, to see more content like this and lastly, i have an affiliate link in the description box down below for weeble. Weeble is a great brokerage platform which you see right here that allows you to trade in the extended hours, starting at 4am, cst great tool to help get ahead of some plays that are time sensitive. If you use my link, you receive four free stocks with 100 deposit and, if you're not interested, that is totally fine.

I really promise you. I do not mind, i'm just glad to take the time to watch my videos and be a part of this awesome community. So that is what i have for you guys today. Thank you for watching my friends and i'll see you all next time.

Peace.