You guys ever this, is god damn it? You guys ever seen that adam sandler movie with uh, i think i don't know the guy's name, but it's like he's his dad and then there's his son and the son is the the guy who's saying i in my pants. I i don't know what that guy's name is, but i always love that uh that that's always so funny guys welcome back to trey's trades. That's your point, trade back again from the freaking video, like the promised by 7959 financial voice. Please, like i, can see with a green assault, let's get into the video.

So today my friends, i'd like to talk about specifically two different tickers. The agenda for the day is gon na, be very simple. I'm gon na start off here with mullen. This is gon na, be my final update on the uh, the ticker mullen, and the reasoning for that is because i, this is the land in which you guys are profitable, and i think it's best up to you.

If you did take a position in this stock to make the best uh decision for you, i will give you know a scenario which what i would do for mullen, but at the end of the day it's up to you. I don't have a position in mullen. I will not be taking a position in mullen uh. It is too low of a float for me to feel comfortable, taking a position so we're gon na give you that last uh little update on here.

Talking about these specific things, runners, trade versus investment, then we're gon na go into the next ticker, which i'm going to outline for you and i actually going to be taking a positioning, uh and kind of explaining my thought process behind. Why i personally believe it'll be a good trade to make it completely clear. It is going to be a trade. For me, this is not an investment, i'm not investing in the company that i'm going to be mentioning here in a little bit uh, but i do think there's a lot of opportunity here and then finally, and lastly uh i saw some stuff flying around on twitter.

Uh regarding the amc space that i'll touch on for like 20 seconds, and that's all i'm gon na say about that. So with that being said, let's start off with the video so mullen. My friends has gone through some really solid movement. The first time that i had mentioned this stock, i'm just gon na pull this up on youtube for you, so that you can uh.

You can see that uh! This has been on the radar for a little bit thanks to a guy, a friend of mine. His name is true demon. I'm not gon na take credit for something that i would not have found without a little bit of help, and it did help me uh. You know find this plate, but mullen for the first time was talked about for me, uh right around here at about 89 cents.

I talked about this at under a dollar. So there's a lot of opportunity here, for you guys to be walking away, uh pretty damn profitable if you did end up taking a position the first time that it was talked about. The reason that i want to be done talking about the reason this is my final update, though, is because from here it's really a game of not luck per se, but risk management in terms of how high this can go mullen could very easily go higher right. I don't think three dollars is the ceiling in terms of a trade.

If you want to you want to hold on to this as an investment, i don't even think that'll be the ceiling uh, but i do think that it has gone up a lot in the matter of about a week. You can see that this has gone from uh 71 cents and one two three four, five, six, seven, eight nine ten days all the way up to a high of about three dollars and twenty cents. Now that is a monstrous monstrous return. If you're able to get in there at the bottom, which means that i think it is due for some form of a pullback or what happened it, three bucks will happen at four.

What happened at five? That's something that i don't know, and most people don't know, which is why i want to talk about this runners and trade versus investments. So we're gon na talk about runners very briefly here, but a runner is not something that people typically talk about, because it's not a hype thing to do. For whatever reason it's not hyped to talk about uh, taking profit on trades such as this. You know you kind of want to full tilt you want to.

You want the opportunity to make as much profit as possible, but what runners are essentially doing and what they are is you are taking a little bit profit off the table as you're moving up so that you're locking in and then you leave what is called the Runner, which is if this thing keeps moving, i am able to still make profit and take everything off the table and i'm still making money, while also making sure that i'm locking in the profit that i have already made an example of this with stock and options. You can do with both is. If i had 100 shares of mullen, i bought that at 70 cents as a trade, and i locked in 50 of those well, the 50 that i have left would be the runners. These 50 are basically saying well.

This does go above three if it goes above four, i still have 50 uh overall shares left to make money on. If it doesn't go above three, if it pulls back at 250, 240 230, i could still lock in these other 50 shares and i made a little less money, but you still left yourself the opportunity to make more. So what a runner essentially is doing for you is, is basically protecting yourself right, you're, making money, you're, making sure you're locking in that profit uh. So you can walk away with some chicken tendies whatever and you're, leaving a little bit on the table to see what happens.

So that's good right brings me into trade versus investment. This is something i personally be doing by the way with the runners uh. I would be looking for uh locking in some profit personally, ultimately, it's up to you, i'm not a fine survivor. Obviously you got to do what you got to do.

I'm not here to tell you the buyer to sell, because i don't have a position in the stock. I've got no bone to pick with what you decide to do. This is merely what i would do if i did have a position in this stock. As i'd be making sure to lock in some profit, that brings me to a trade versus an investment.

If you are invested into mullen, uh take what i say and basically crunch it up into a ball and throw it out the window, because it's useless to you right. If you believe that mullen as an electric vehicle company is going to be able to compete with the best as a startup, an electric vehicle startup with tesla with uh, lucid air, with a lot of the other already established car companies out there trying to get into The ev space by all means hold on to your investment right. That's that's really. What the beauty of a growth stock is is you're, trying to find the next big thing and if you think mullen is the next big.

You know the next big thing uh hold on to your shares right, i'm talking about this purely as a trade, and i want to make that perfectly clear, so uh, that's about what i got to say about mullen at the end of the day, this could go Up there's some levels to watch for uh on the ticker. I would personally be watching for this green line right here. If you see this crossover, 378 380 or so, you can very easily see this tap up to that five. Six seven dollar range, in which case you've, just made some monstrous monstrous return, but this is going to be my final mullet update.

So i'm not going to be talking about this anymore, it's in your hands. This is where financial responsibility is on you. I didn't have a position. I will not be taking a position.

Uh just do what's best for you, man make sure you're walking away with money. That's the best thing. That's that's really what i want for you guys uh who are in this is just walk away with money, so protect yourself and that's what i got to say about that. But that brings me into my next overall ticker in the trade that i will actually personally be taking a position on which is uh bbig.

Now i want to make it perfectly clear that i am not going to be investing in bbig. This is going to be a trade for me, and i want to outline specifically the way that i am going to approach bbig uh, just so that you guys are tracking. I do not like the ability to be able to take advantage of people who watch my videos, so what i will tell you is that i am not going to take a position immediately uh on monday right, i think that's a nasty thing i see happen. A lot on twitter, a lot of people uh pump pump their followers essentially and say: hey, look at this great stock.

There. They have a position in it and uh. Then they they're, basically just taking advantage of the people who follow them. I don't have a position right now, i'm making this on the weekend.

While i do not have a position and i will not be taking one until monday, uh beyond market open, this does not mean i'm going to get it exactly at market open. I could get it market open. I could get it at 11. I could get it at noon.

I could get it right before market close, even but this is when the door even opens for me right. So i just don't have a position in this. Yet i'm not gon na be getting one until that moment in time, uh and then from there i will i will assess sort of the situation, but i want to walk you through sort of the pros and the cons of why i personally, like this trade setup, The big things that i want to touch on for the pros technical breakout, bullish flow, mma crossover and a volume uptick. These are all phenomenal, phenomenal, phenomenal things uh we're going to talk about.

Then i want to talk about the cons. I don't think enough. People do this right, it's important to also look at the holes in why you're taking a trade so that you can watch these closely and see if these are going to be a problem uh, we don't have short exempt volume, which means, i don't think, there's as High of a ceiling on bbig as there are in some other names, albeit there is some decent short interest, which, i suppose you could say is a pro as well. There is some room for i don't know.

I just wrote pro under pro goofball uh, which could be a pro as well write that down we're gon na write down, write that down right. There now write that down the short interest alongside uh the options chain, so there's some room for a squeeze here, but there's no short exam volume, which means, i don't think, there's high of a ceiling as a previous law. Uh previously was, and then uh the demand zone is another thing that i'd like to keep an eye on. So let's start off here with the technical breakout, bbig right now is in a beautiful picture, perfect falling wedge.

I mean this is textbooks type right here? What a falling wedge is is a descending level of support and a descending level of resistance. This is the resistance. This is the support and it forms out what appears to be a wedge. You had two previous levels of descending resistance and it cracked both of them as of just recently uh with this last trading day, which was uh friday march 18th, and it had an uptick in volume.

In case you don't know what a falling wedge is. I'm gon na draw this out, for you uh, really easy for those who may be new to stocks. Well, fear not because, let me tell you, stocks are all about connecting dots right. Ta is all about connecting dots so check this out.

What you're doing here is you're looking at a big old freaking uh connect the dot sort of level right. What you have descending level of resistance, the top one is resistance. The bottom one is support. It forms out what appears to be a wedge when you get a break of that wedge, and it typically follows through with a good amount of volume.

Well, what you just saw happen is a beautiful opportunity to be a bolt to go along. If this is volume down here right volume and it's just staying low, staying low staying low staying low and on the breakout, you see an uptick. This uptick is very significant and we actually just saw that happen now. That is a good sign of uh.

One thing in particular strength in bulls: trying to re-establish uh this the stock going back into a bullish, sort of uh momentum right and that is starting to happen. I think, obviously, i'm going to be taking a bet on this. I think there's a good chance that that does actually come to fruition. On top of this right, i want to come to a couple different things: the technical breakout you got to break out of the falling wedge setup.

You got the volume uptick which does signify uh, that there is a lot of interest and a lot of strength in the bulls that are trying to re-establish uh the strength in this stock. Let me look at the volume here average. Of 12 million 15 million 20 million 15 million 14 million the day that we got, that breakout was 31 million total volume, which is a good sign alongside the iwm, alongside the spy starting to get some sort of strength back behind its sails. Some wind back in the boat as they're, going out there crab fishing baby uh.

That's actually a sign that you could see this continue on. So on top of this look at the four hour time frame. Now, what i have here, as some indicators, are the 21 day moving average and the 9 day exponential moving average. These are essentially lagging indicators that give you an idea of uh the overall average price action.

The average price excuse me over the previous 21 and over the last nine days. Well, if you look at this, the lighter uh, i don't know which one's lighter. I guess that's kind of a shitty. Well, the bottom one right here right this one, this purple one and this like magenta one this purple one down here - is the nine ema, and this is the 21 day uh moving average.

The nine exponential moving average crossing over the uh 21 is actually a sign that the last nine days of price action are more bullish than the average over the last 21 days. So this is actually a really good sign to see. That's where this little box is right here. It shows you that there is a crossover happening.

There is some strength starting to come back into the overall ticker uh. So you should be happy about that. That's actually another good sign with the volume starting to increase on this, that you could see some more upside and the last big pro that i'd like to touch on is the overall uh flow on this stock, because at the end of the day, right doesn't matter What us retailers doing? We can't move stocks right that, but the big thing is: what are the big dick daryl's that, where their sunglasses inside, while they're uh, while they're eating at uh, you know burger king they're getting their their? What do they have over there? Whoppers they're getting their whoppers and fries they throw on their shades. They say yes, i'd like it like a whapper with uh, double extra sauce and also the french fries, make sure they're extra crispy and they got their sunglasses on they.

They stayed like this and they said you up don you up you really. You should have done better, but anyways where i'm going with. This is the big boys. The whales are betting that this is going to go up.

If you look at the top five chains by volume, essentially what this is analyzing, what this is looking at is the options chain. The call chain and spec specificity has had a lot of activity indicating that there is going to be some upside here now check this out march 18th. Obviously, in the past, these are not really worth anything anymore, uh but 25th and the 14th of april. You see a lot of volume and a lot of open interest, starting to accrue 14 900 volume, 11.

000. 6. 000. 5 000 total volume between the two and a half dollar strike and the four dollar strike for bbig.

You can also look at the expiration uh premium by expiration for bbig and see that the calls are monstrous. I mean absolutely nasty 513 000 for the 25th of march 148, 000 for the the first of april 46 thousand. You can see that there's a huge imbalance and a lot of bulls betting that bbig is going to have a decent sized move up right. So these are all the pros.

There's a lot of things pointing in the right direction. Essentially, my analysis, if you were to take all these things together, is over the last nine months, six months, seven months, eight months, whatever the time frame is uh. These stocks, these small, mid cap growth stocks, have really been getting smacked down, and a lot of these are starting to actually set up for a technical breakout for you as a retail investor as a bull as long as an ape uh. Whatever you want to classify it as to take advantage of there's an opportunity to make money here in bbig, because a lot of different things are finally lining up, let me tell you this way.

I didn't feel comfortable taking a position in anything as a swing until literally like a week ago, it's been waiting a long time for an opportunity to to feel confident that uh there is some more upside cons. I'm gon na touch on this briefly. The short exempt volume touched on this before this is a large reason why mullen ran and we didn't really have that short exempt volume. Uh appear for bbig, so i do think that uh limits the amount of upside that you could see for this and then the demand zone.

I want to talk about this because this is where my stop-loss will be, and then i'll tell you my plan and we'll send you on your way. Uh the demand zone for this stock is a pretty close to where we're trading right now so where i would personally be looking to have my stop-loss set for a potential re-entry is right about here. I'd be watching very closely between about 226 up to about 235 or so as a potential stopout. I would probably take the bottom of this box at about 226 as uh.

Excuse me, that's my opportunity to try and reestablish a position if i got a bad entry on this or in the first place, if i have the opportunity to get a dip, buy, to establish a position in the first place, so uh. If i can, if there's an opportunity to, i can't tell you what'll happen, i mark it open on monday, i'm not a wizard, i'm not a magician. I have a crystal ball. I would try and establish a position somewhere in that 220 to 230 ish range.

I feel pretty comfortable with that uh, but ultimately, at the end of the day you got to do what you got to do. I'm not telling you to buy, i'm not telling you to sell them. I'm not telling you where to buy! I'm not telling you where to sell that's up to you entirely. This is my plan, though right check this out on top of the solid short interest, the solid options change the short interest by the way is at about 16.

The last that i checked on ortex, which is pretty solid i'll, give you a brief update here, really quick just so i can give you the most relevant and recent of information. Uh, i'm gon na be taking a hybrid position in bbig. I'm gon na be taking about a 60 40 70 30 stock to options more stock than options for this overall ticker uh. You can see the short interest is at about 16.

So what i plan to do as an entry is i'm going to be taking a position in both stocking options? I can't tell you the exact breakdown until it happens, but i do plan on doing about 60, 40 or 70 30. uh, the greater number being stocked. The lesser number being options: that's what i plan on doing i'm going to be taking a partial exit on my options once those have turned semi-green my profit target for those is going to be somewhere between uh 40 to 50 percent. To start with the runners leave the runners and see what happens.

Those are where you can see. The stock is going to tiptoe its way up to three and a half four five, six, seven bucks. You give yourself a little bit of leeway a little bit of time. I'm not gon na be telling you guys the exact strike that i'm grabbing, because i don't want to pump my own ivs.

I think that's an irresponsible thing to do, but i am going to be grabbing i'll. Show you guys this really quick on the options chain. I am going to be grabbing the mid-april uh overall strikes, so you guys will have to determine what you wan na do for yourself. This is what i'm personally gon na be doing.

I feel like this gives me enough time to see what can potentially happen with this ticker uh, but the overall expiration date is gon na be 14 april of 2000 uh 2022.. You ultimately do what you got to do. Partial exit on the options you know 40 to 50 is about where i'm going to target for that overall profit, the runners, you know we're going to leave that stock and options both the same, but i'm going to. First, take on the option, so i can lock in a little bit of profit and watch myself and make sure that i'm taking care of my bag, the runners for the stock, however uh i'm gon na, be i don't think this has much upside as mullen.

Does i'm gon na make that painfully painfully clear? I think that uh that bbig, if you look at this in a technical sort of uh breakdown, look at this on the four hour. I think you could see this tap up to about three and a half bucks and if it breaks three and a half bucks, you can see this very quickly move up to five and a half six bucks uh. You got ta watch how it's moving day by day hour by hour, to know that for sure, but i am going to be a little more lenient with the overall runners on stock and watching for sort of that 3.5 to 3.7 uh dollar sort of hash. Three and a half dollars or three dollars: seventy cents is where i'd probably looking to uh leave runners and take a little bit of profit on my stock for bbig.

The stop loss is going to be this demand zone, so i'm gon na be watching uh. For that 2.25 to 235 ish overall level, unless, however, i'm able to grab at that 225 issue hash, in which case i am going to uh, lower that a little bit right, i'd probably be looking at like two bucks, that's probably about as much risk as i'd Be willing to take for the stock for the options entirely different ball game. I i don't really mess around with being red on options. My stop-loss on the on the calls is probably going to be about that 30.

25 mark uh. I watch it. I watch technical levels so, at the end of the day, it's going to depend on what actually ends up happening, but that's my game plan. I know this is a longer video, but i wanted to fully walk you through my thesis and my thought process behind both of these tickers.

That's my last update on mullen. This is my first update on bbig i'll. Keep you guys up to date and the last thing that i want to say: uh. I i've seen some stuff going on on twitter about amc right now and lou, and i haven't confirmed all these different things that are happening.

So i'm not gon na comment on lou and that whole situation, but basically the thesis and the theory is that uh uh there are people on twitter who are telling you uh to sell right amc at the end of the day. I can tell you one thing: no matter who the person is no matter who the name is no matter this, the matter that right uh, you make your own decisions for yourself. Don't let me the light load, don't let anybody tell you uh to buy or to sell stock? We present you a thesis. We present you our thought process uh and then you have to do what's best for you right.

Don't let don't let people tell you what to do it's all i got to say about that. I mean i don't think you really need much more than that. In the first place, you guys are all smart people. You know what to do.

You know what your own uh, your own thing is. I think it just doesn't really make sense to to look at uh a stock in the situation that it's in right now and uh. It's just not this. Isn't this isn't the time, but i'm not here to tell you to do regardless, you got to do what's best for you, uh just think.

That's all i got to say like i said, i've got no disrespect uh to to hash out. I haven't been able to confirm that he did in fact actually say that, so don't go harass him don't go say this don't go say that uh. My my piece to say is even about him in the first place, it's just about uh, not not taking what what people like myself or him or or matt, or uh, or tmi, or stv or gabe, or anybody you know, says uh as the gospel of the Lord, you know you guys have to do what's best for you and i think everybody's situation's different and that's the most important thing here. So that's what i've got for this video boys, girls catch all on monday.

How about that appreciate, y'all tuning in catch on the next one, as always: much lovely tips and peace.