Man, we did it again. We did it again guys. We call this one, a grand slam baby. We got a big old fat grand slam, oh i'm so pumped what is up.

Everybody welcome to trades trades. We have technical analysis on different stocks in the stock market. As well as potential buy holders sell opinions on these given stocks, i like your purpose 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 not financially free, but i'm doing pretty well for myself, the age of 23..

So if i can pass along any of the information resources or tools that are given to me here to the community make a couple people better off than they were before. That's all that i can ask for last. If you wouldn't mind drop a like on the video and consider subscribing if you'd like to see more content like this, it really does help support the channel and guys i've got a huge update on ticker symbol. Inuv inubo incorporated we hit another grand slam on this baby.

I'll, tell you what i'm pouring one back for that cheers beautiful! I put this on everybody's radar yesterday and i'm not going to take full credit for this right. There's no way! I do this by myself. This is actually one of the guys over from the discord. His name is ben.

We call him dr magic fingers and he brought this to my attention. I was like all right. Let's take a look at this. Take a look at the charts looks like a good setup.

We've got the crossover on the 15 volume over the 200 ema. We've got a nice retracement right here. I was like. Oh, let's take a look at uh.

What's what's the hype right and i see that vanguard up their stake in inuv? I see people going absolutely nuts over this. I'm like oh man, guys. This looks like the next hit and sure enough. It was guys i'm telling you this is so beautiful.

I got into the game late and i am still up on inuv about 27. There are guys that got into this what i told them to at 80 cents right and they're up almost 100 in a day. That is what we call a grand slam guys. This is going to be the next hit for everybody, like the jag x, like the bngo, like the ocgn, like the pte, we're doing it again and again and again, rinse and repeat baby, and i'm so glad people out there made money.

I had somebody that told me hey trey dude i made uh i made like twenty thousand dollars today, because your call and uh that just that hits me right here. So the point of this video is going to be. Where do we go moving forward? Well, my position on this is the same. I am holding this midterm at the very least uh at least a month to two months, and just as long as vanguard continues to hold their position in the stock.

I will continue to do so and if we do see a dip tomorrow, which is possible right, we ran up over 100 on the day. That's so filthy! That's so filthy man we're up over 100 on the day. So if we give back 10 of it 20 of it that's to be expected right, but i'm gon na be holding this, and you can play this a couple different ways. You can swing this trade right.

You can swing inuv, lock in your profits, get back in. After the dip and ride the train up again or you can keep your money in and when it dips - and you see the bottom out, you can add to your position and increase your position, improve your position and continue to reap the benefits on this. I stand by what i said. I do think this is going to be a possible four or five dollar stock in a couple months from now, and you can see that it's very possible uh, the volume today was absolutely insane.

We were overbought on the rsi for a very long time and, historically speaking, this stock, when it's over bought really doesn't do too bad. So i know that was a really long intro, but i was just pumped so we're going to talk about this on a macroscopic scale, as well as a microscopic scale. We'll look at three different indicators. I pulled up the rsi, which is a relative strength index.

Anything over 70 is overbought anything under 30 oversold. I have the 200 ema, which is this dark blue line right here, and this is the 200 moving exponential moving average, and this is just a 200 - a price action based trend line that gives you a average valuation over those 200 days. Then i have the 15 day vomit. This is the volume adjusted moving average and this is a trend line based over 15 days of price action.

That's adjusted according to the overall volume in a stock. So we'll talk about these all means level off some new levels of support and resistance. We'll draw a retracement on the fibonacci just to see what we can have an idea of. If we do have a correction, but it may not happen, it might happen.

It may not. I just want to prepare you guys for everything, so quick shout out to the guys over the patreon. Like i said i do not do this by myself. I have a lot of help uh they.

I really do appreciate the support guys we're over 320 members, strong uh. They have access to my real-time insight trading as well as uh. This awesome discord. We've got a lot of different plays in here.

Spac plays short-term midterm, long-term investing assistance, uh chatting questions and, if you're interested in this, there is a link to the patreon down in the description below. So, if you're not familiar with what inuv 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 gets my attention, is software for publishers that offer a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors. The intent key service is a consumer intent, recognition, uh digital publishing service.

Oh, i skipped the line 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 innuvo there's. So much potential here guys and that's why i think vanguard increased their position in the stock up to 2.7 million shares just under a million dollars, total uh and it looks absolutely beautiful - and this doesn't just get released today. So i will read this to you: uh released today about four hours ago: uh, a nouveau eight million dollar common stock, offering you might be thinking ah crap. That's it we're screwed, but read this carefully.

So, look at this enugo sold 13.3 million shares of its common stock per value. Point: zero zero one dollars per share at a price of 60 cents per share. So i don't think this is gon na affect the stock price because it was sold far below what the actual trading of this stock is going for. Right now, right we're at a dollar 47 we're up over 100 from the close on friday uh.

So i don't think that's gon na affect anything. If anything, you know, i still believe in this as a midterm hold. So if it does bring the stock price down, that's an opportunity to improve your position right uh. This is an absolutely filthy stock.

The volume is insane. I do anticipate that we keep some of that volume moving forward. It probably isn't going to be as high as this that's insane, but we had nothing but buying pressure today. So, let's just take a look here at the charts where we can see this going moving forward.

If you don't have a position in the stock, i can give you potential entry points right, exit points, uh and we'll just go through all that. So if we drop a retracement here from the base of the run-up to the top of the run-up, this could play out a couple different ways right. So we can see a retracement to 61, which is about 1.31, also conveniently where the volume adjusted moving average trend line ends. So we might see a retracement down to 1.31 and a bounce, and if you don't see that you see it pushed through the next most likely retracement is going to be around 1.19 at that 50 percent.

Retracement line so be watching for those two retracement lines. If those don't end up working, we do have a level of support right here where we see some pretty good candle wake resistance at a dollar 25, and then we do have a level of support acting right now, with three candle wicks touching at about a dollar 40., so what i really like about this stock right now is going into the after hours after we ran up over 100 right, we're not tanking, it's actually trading at a dollar 47, which is up from what we closed at that's insane. I can't believe this. This has been an absolute grand slam.

The rsi indicator has been overbought the entire day right, tread cautiously. That's all. I have to say if you're gon na get a position in the stock and you're not gon na get it at a pullback tread cautiously. It's run up a lot.

There is risk involved. This is still a penny stock. It was at 60 cents before it was at a buck. 48 like it is now so tread cautiously.

That's all i have to say on that uh, but we are overbought territory. The volume was insane so we did see some crazy volatility today, but it was a lot of buying pressure right. Uh, the the 15 bomber is way above the 200 ema. It's gapped up exponentially.

I think it's likely that we do see some more bullish territory, but we did run up over 120 percent. The only reason i think we're continuing to see this bullish territory is because of the price action throughout the day right, we really didn't see any pullbacks. It was just straight up buying pressure and we really didn't have that many red bars. So this leads me to believe guys when you see this much green volume with no red volume.

That indicates to me that everybody that bought this stock is still holding. These. Are investors? These are not traders. These aren't day traders coming here to scalp the stock right.

These are people that are holding the stock. Still i'm still holding. I know a lot of people in the discord are still holding i plan on holding for the midterm. As long as vanguard has a one million dollar stake in this, i think i can hold my four thousand dollars or whatever, whatever it comes out to uh yeah.

I think this is gon na be another grand slam stock guys. I i'm not kidding you. I it makes me so happy to see that you guys are just cranking right now. I've gotten, you know, tweeted at by a couple.

People on twitter people in the discord are going nuts uh. This just makes me super super happy to see. I really really love it because, honestly, you know my position in this is okay, but you guys that took advantage of the information i put out that just warms. My heart, like, i can't even tell you how rewarding that is.

It's so gratifying to see you guys make money. So that's what it looks like on the one month chart uh watch for a retracement to the dollar thirty level and if you see it dip below that a dollar nineteen is a good entry point or if you'd like to improve your position. Add your position. Dollar cost average up or down depending on when you got in.

That is an opportunity to do so also, so, if you want to write those down feel free to do so, a dollar 31 we are holding above the retracement at 23. That may be an acting level of support. I i anticipate we're gon na have a little bit of a pullback, but it might not happen. So that's what we're looking at right now.

If we change this over the two day, one minute chart this is gon na, be so filthy man, that's so filthy! I can't even handle it uh just looking at it right now. There is one thing that i notice and i always want to be completely transparent. I don't want to bs you guys. We do have a head and shoulders pattern.

That is a bearish pattern. You can see the head right here in the middle, followed by a shoulder right here and a shoulder right here, but it does not look like it is panning out that way in the after hours. It does look like we're actually still climbing right now, of course, after hours in pre-market do vary a lot from the regular market hours right, you're looking at a different audience, but the the volume is still pretty high. That's pretty insane uh.

So that looks absolutely phenomenal. It was honestly just a straight upward channel i mean this is this is as clean as it gets. We had a nice upward moving channel here and then we broke through this. This is acting as a level of resistance push through that see.

This touch up at 1.70 and we are still moving up in the in the after hours right now, so that looks phenomenal. We were overbought for a lot of the day, but if we look at this historically speaking, this stock does not correct that hard right and in all reality we weren't more overbought than we have been in the past. This touch 78. Here it's actually been more overbought.

In the past i mean besides right away at the pre-market, we did touch about 90. uh. It wasn't anything anything that we haven't seen before, and the stock, historically speaking, has not done any major correcting. So personally, i do think this is a whole position right now.

I would not recommend uh. You can play it out a couple different ways. Of course, i'm not your financial advisor, but i do think there's still more room to run with this. If you want to lock in half your profits, definitely do it right, you're, never going to be mad at yourself, walking away with profits right um.

You can always rinse and repeat, rinse and repeat we're always going to keep doing this, but i am personally going to be holding. I think this is a great mid-term hold stock. At the very least, i think there's high potential with their their uh per click ad uh company that they're looking at here. This could be a good competition for youtube or youtube, could actually capitalize on this and improve their adsense uh in that way.

So i love this company. I love what it's doing and i love that we hit another freaking grand slam guys. So that is what i have for the video today. If you enjoyed it, please drop a like.

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