It just doesn't stop. I said this in the discord, and this just makes me laugh. So i want to share this joke with you. Anub is like playing blackjack, except you always get a blackjack and the dealer always busts.

What is up? Everybody welcome to trace trades. We get technical analysis and different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks, i like your price 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 into 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 along the information, resources or tools that are given to me here, the community make a couple people better off than they were before.

That's all that i can ask for last, if you and i'm dropping a like on the video, really does help support the channel and consider subscribing if you'd like to see more content like this. Now today we have another update on ticker symbol, inuv and nuvo incorporated no new news out on this today, but i do want to give you guys an idea of price action. Potential entry points, price targets, midterm, hold long term hold short term hold we're going to take a look at this on the one month chart as well as the one day one minute chart to give you both a macroscopic and microscopic view of the the chart and The price action i have three different indicators pulled up: the relative strength index, which is the rsi anything over 70 over bot, anything under 30 oversold, the 200 200 ema, which is this uh dark blue line right here. This is the exponential moving average and this is just a uh average valuation trend line based on price action over 200 day period and the 15 day vomit, which is a volume, adjusted moving average and some brokerage accounts don't have this you'll have to use the vwop Or the ma it's it's pretty similar a little bit different, but it's about as close as you can get, and this is just a 15-day price valuation trend line based on price action over the 15 days, adjusted according to overall volume that goes into a stock.

We'll talk about different indicators that uh that these mean talk about some different bullish and bearish patterns that i've seen on the charts, uh potential entry points exit points, the whole nine yards. So with that being said, let's get into the video first. I want to give a quick shout out to the guys over at the patreon. We are about 340 members strong right now, uh, you guys all rock.

I really do appreciate the support they will have access to my real-time insight training as well as to this awesome. Private discord: we've got a lot of different stuff in here, cold stocks back plays short term plays, mid-term, plays long-term, plays investing assistance, chatting questions and a lot of the plays that i bring you guys attention. I don't find by myself. It is because of people in the discord the comment section at youtube, so it's a great community.

If you're interested, there is a link to the patreon in the description down below now, if you're not familiar with what a nouveau is, they engage in the provision of artificial intelligence, driven commerce solutions. The firm provides platforms that can identify and message online audiences for any product or service across devices channels and formats, including video mobile, connected television display. Social and native. Its products and services include valid click, intent key and digital publishing.

The valid click service - and this is what really gets my attention - is software for publishers that offers a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors the intent key man. My voice is doing some goofy stuff today. The intent key service is a consumer intent recognition system designed to reach highly targeted mobile and desktop in-market audiences with precision the digital publishing service includes branded web properties, with content developed edited and published by a nouveau and uh. The reason that we saw this really steep run-up on uh on a nuvo is because recently we found out that vanguard increased their stake in the overall company.

They do have just shy of 2.7 million shares in a nouveau, and that is worth a little less than a million dollars at what they purchased at probably worth a lot more than that now probably worth about two million two and a half depending on what they Got in at but uh, i think a lot of people got really excited about that. This is going to be a mid to long term hold for me, and i extremely extremely like the premise of that advertisements that intent key the pay-per-click on advertisements, the valve click service, because this could be either a great competition for youtube. Ads. Google ads facebook ads twitter ads or it could be something they use right.

This could be something that they purchase from the company either by acquisition or by paying the company itself. I think the upside here is extremely extremely high and i think that's why you're not seeing people pull out of the stock right now and it's literally just running so i have a very, very good feeling about a nouveau. I do still have my position in this stock. I got in at a dollar cost average of about one dollar and 13 cents.

If i could find it really quick, a new vault yep, a dollar thirteen five with 2200 shares current value of 31.90. Honestly, my only regret is that i didn't pull out a ctrm and put my money into this. I definitely wish i would have now. I still do have my position in ctrm, but um, that's the nuvo just looks awesome.

The volume is insane right now it is overbought, so there probably will eventually come a correction which will be a potential entry point. And if we draw retracement here and take a look at the charts, you can see retracement from the bottom of this run. Up to the peak that we do have a little bit of resistance, which will probably be an acting level of support at about 1.79. We saw a lot of price action here, a little bit of consolidation, and now it's off to the races again.

We're currently trading at 207, looks like we're going to be pushing these all-time highs, probably by the end of the end of this video but uh nouveau looks like it's not done running and i'm going to be holding this at least for the midterm, potentially the long Term, this may be a stock that, once a pullback happens, i'm going to average up in increase my position in the stock, because i do think this is going to be a big player. This does seem like a solid midterm hold. I honestly thought this was going to be a swing opportunity, but i think this is just a stock that is getting started, and that is why you're not seeing a lot of people pull out of this. Look at all these green bars guys.

Look at all this green volume, not a lot of red volume, which means people are still holding their position in this company right, and that is a good thing. That means this is an investor's stock. This is not a trader stock, so there should be more upside here and honestly, i just don't think a new ball is done running. I think it's going to be a multiple day, runner uh, i think, there's still opportunity to get into this.

So if you're looking and you see a pullback to 1.79, not not going to guarantee that happens right, that's an opportunity for you to get into the stock right. If you want to buy at the peak, be cautious, there is risk involved. It was a 60 cent stock two days ago, but if you want to buy in at the peak and hold this for a long time, you could get in for a cheaper cost if you waited for a pullback right. But i think if you hold this for a month two months three months and you buy it, two dollars and ten cents you're still going to see a margin of probably fifty one hundred one hit.

One hundred fifty percent, i think, there's an extreme amount of upside with a nuvo. I don't think you can really go wrong getting into this company. So that looks extremely nice. We've got the 15 vomit crossing over the 200 ema gapping up even more into the pre-market right now.

This stock looks like a huge, huge runner uh. I wish i could drop a bullish pattern here, but if i had to it's just going to be a straight up arrow, so i'm not going to bother doing that, but the volume is insane. The rsi looks great there's no red volume, which means people are still holding their stock uh. That leads me to believe it's an investor's stock.

The retracement comes out to about a dollar 79. So if you are looking for a pullback, i do think that's the likely place. We see it happen and the charts and the candles line up very well here you can see this was a previous acting level of resistance, then acting as a level of support that lines up extremely extremely well. So that's what we're looking at right now, if you like to get an entry point or dollar cost average up into your stock uh get a position in the stock and, if you'd like to swing trade, this you can definitely do that.

Uh watch for maybe like two dollars and fifty cents, three dollars take your profit move on. If you'd like to do so. I think the better opportunity here is gon na be as a mid to long term hold on inuvo. That is my game plan at the very least i'll be holding this as long as vanguard has their position in the company and once they take their stake out, i will update you guys, but as far as i'm concerned, uh vanguard still does have their 2.7 million Share and less than a million dollar stake in the company, probably worth twice as much now like i said, but that's how it looks on the one month chart now.

If we change this to the two day, one minute chart really quick, we'll look for some extra confirmation and we do have that right. Now, man, these charts, look so filthy. That is really nice. We've got a nice nice little bottom out here, which is an acting level of support at about uh 1.77 cents.

With three different touch points here, uh looks like a nice small little george w right there. So i'll just draw that out. It's a very small one, but we do have a double bottom out right here on the one minute chart. So that is a bullish confirmation and then to add to that we do have the 15 vomit, which is gapping up right now from the 200 ema.

Currently, trading at two dollars and six cents, everything about this guy says it's just it's gon na keep running, and it is definitely doing that right. Now we closed at a dollar and 45 cents at the end of the day, currently trading at 205.. It looks like we're gon na be closing in on that all-time high of two dollars and ten cents. Everything i have to say about this is good good, good uh.

It isn't overbought territory so be cautious. There may be a pullback coming. I do anticipate a price correction, eventually uh. Unless this is the next tesla, you will see a pullback eventually, but it's just not there yet.

So you can place out a couple different ways get in at the high here and hold for a couple months. Wait for the pullback get in now there's a couple different ways you can play this out, so i hope this video was helpful and that is what i have for the update on inuv inuvo. If you guys enjoyed the video, please drop a like, it really doesn't support the channel and consider subscribing if you like, to see more content like this and lastly, i do have an affiliate link in the description box down below for tubebuddy. Now tubebuddy is an seo.

Optimization website that i personally pay a nine dollar per month. Membership for it is how they would attribute growing from zero to almost 10 000 subscribers in a little over a month. So if you're a content creator or looking to become one uh, it is a great tool to help get your videos into the eyes of your intended audience. And if you do use my link i'll receive a commission off of your purchase at no extra cost.

To you, so it's a great way to support the channel and, if you're not interested, that's totally fine. I just appreciate your support by taking the time to watch my videos, so that's what i have for you guys today. Thank you for watching my friends and i will see you all next time. Peace,.