Oh, oh man, that's filthy! Look at that thing. What is up everybody welcome to troy's trades. We have technical analysis and different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks. I, like the purpose by saying that i'm not a financial advisor nor expert, so take what i say with a grain of salt.

The reason that 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 could pass along any of the information resources or tools that are given to me, make the community here a little bit better off than it was before. That's all that i can ask for. Lastly, if you would not mind dropping a like on the video, it really does help support the channel and consider subscribing if you like, to see more content like this, as i do post videos every day now, today we're going to give you an update on ticker Symbol, pte polarity te incorporated and man that is filthy.

Look at that. Oh man, that's off! No news! So that's a little concerning, but all right opportunity presents itself. You know you can make some cash quick shout out to the guys over the patreon. We did have quite a few new people join us here today.

We will pull up the uh, the relationship manager and just give a quick shout out to some of these people, gabriel zach stephen sean, joseph bryan, roman austin, me matt. Thank you guys so much for the support. It really does mean a lot. They all have access to the private discord, as well as real-time insights, my personal training and guys there's a lot of gold in here.

A lot of the hits that we've had here at trey's trades have been thanks to not just the people in the comment section and the subscribers, but people over at the patreon as well, and if you're interested there is a link to the patreon in the description Down below and then uh watch out for this scammer guys. This is not me. You'll know it's not me because he doesn't have that great box around his name. Don't buy his crap.

Don't call that number report the account if you can and then thank you guys so much for getting us over 7 000 subscribers. We are sitting at 7.1 k that is absolutely insane, so we're just going to get a quick rundown on pte we're going to talk about the charts here. The one-month chart talk about some different indicators. I've got the rsi pulled up the relative strength index.

Anything over 70 over bot, anything under 30 oversold. I do have the 200 ema the exponential moving average, and this is a 200 day price action based moving average evaluation trend line and then the 15 day vomit the volume adjusted moving average, which is the same thing over a 15 day period that adjusts the trend Line according to overall volume, we'll talk about some different bullish and bearish indicators that i'm seeing here, uh on the charts and then some levels of support and resistance. In case you are looking at this as a swing trading opportunity. Now i did close my position in pte and i'll be completely transparent.

I locked in about 469 dollars of profit on pte uh, so i was up about 15 or 20 percent. I just walked away from the table feeling pretty good about that um and you know i i'm just giving this to you guys straight. As i see it, there's nothing in this. For me, i'm not trying to pump the stock i'll show you my current positions, i'm not currently in pte.

So this is just my straight up based opinion, uh and we'll just run through it, real quick, so uh before we do that. I'm just gon na give a brief rundown on what the company is in case. You're not familiar. Uh pte is a biotech company developing and commercializing regenerative tissue products and bio materials.

The firm products products. The firm products include skin tea, cryo skin t poc pte 11. 000 osteote in real time assistant, the skin te product is commercially available for the repair, reconstruction replacement and supplementation of skin patients who have a need for treatment of acute or chronic wounds, burns, surgical reconstruction, advanced scar, revision or removal of dysfunctional skin grafts and uh on Stock twits, if we take a quick look at them, their message volumes up a little bit. They've got about 8 000 followers, so pretty small company in terms of uh of uh relevance and how many people know them.

However, the opportunity does seem to be here, but when i google pte stock news, nothing is popping up so just uh completely unbiased. This does lead to. You know, there's two possibilities: it's either heavy institutional buying or two buying the stock or it's a pump and dump regardless. There is opportunity here and i don't want guys to get stuck holding the bag.

So if you are able to trade in the pre-market, i would recommend taking profits if you uh, if you are up as it is very highly unpredictable, what is going to happen. But the reason that i presented pte to you guys, um some time ago is because there was a hc wainwrights conference and i just want to show this to you guys real quick. They were presenting at the hc wainwright bioconnect 2021 conference, and that is why we saw some pretty heavy price action here, and this is why i brought to your attention. We did have a couple different confirmations.

That said to me hey. This is ready to do some good things and uh, i'm just going to point them out to you again. We have the crossover on the 15 day vomit over the 200 ema, which is a bullish sign. We did have a pretty steep run up here to follow, which typically happens after you see that crossover, and then we had a little bump in volume, and the conference did start on january 11th and uh pte did present at this conference.

And if we do look at the charts here, we can take a look at uh, the 11th and we did see you know pretty heavy run up here in the pre-market, and i didn't bring this to your guys's attention the day before. So if you were able to get into the stock, you should have, you know, walked away with a pretty filthy margin, walking away pretty good. You know, honestly, i'm i was a little bit bummed that i i sold for as little as i did, because i was up more you know, so let that be a lesson on taking profits anytime your day or swing trading. You just got to take what the table gives you and we're not going to hit 100 margin.

Grand slams on every single stock, but pte is looking like it's giving another opportunity for potential bag holders um, and i know that there are a few out there. I have had gotten some comments in the comments section from some people. Saying hey. You know i'm still in pte.

What should i do, and i try my best to get back to everybody, but it's much much easier to just make a make a video and and talk about it. So you know this looks like your opportunity, guys um, if you weren't able to take profits back when i presented this video uh, which which definitely happens. You know i've made that mistake before it's. It's uh, it's easy to.

I mean, even if you just walk away from a highly volatile penny stock like this for 10 minutes. You know you're, looking at a drop from 198 down to a buck 50 and you're like oh crap, i bought him for a buck 50. now what um? So? Here's your opportunity, it's uh, it's looking like we are up quite a bit right now in the pre-market uh. The volume is a little bit higher than usual.

Nothing like we saw you know on on january 11th, when they presented at the hc wainwright biotech conference. But this is looking like it's presenting some opportunity here, so um that looks pretty nice. We do currently have a level of acting support was a prior level of resistance right around here at a dollar twenty five followed by a dollar. Eleven is another acting level of support and then a dollar.

Thirty 39 is the next leg up, followed by a buck 50. We do have two candle wicks touching and anytime. You see two pretty long, candle, wicks or any candle like you know that long. If we zoom in here real quick, this is very indicative of what buyers think of a certain stock uh or a certain price level.

In particular. This right here indicates a little bit of weak buying pressure right whenever you see this large candle wick. That means that buyers try to push the price up and sellers were like. That's not that's, not good.

This is way too much and they pushed it back down, and here you see the exact opposite where you know um. Actually this is the same thing. You know, buyers tried pushing the price up and sellers actually won right here, so that's a level of resistance which will act as a level of support. Consequently, since we are trading above that stock, i do anticipate the buyers will try to hold it above that line.

Currently, trading at 1.58 and uh, the next level of resistance beyond that 198 mark is looking like right around here we do have a pretty long candle wick and that is gon na, be a dollar seventy three, and if we can push above a dollar, seventy three: It is possible that uh that we hold above that i'm not gon na guarantee that right because penny stocks are highly volatile and anytime, that you get into this this sort of stock, you can, you can go up and down. You know, 100. In a matter of half an hour or an hour, so um locking in profits here does seem like the best opportunity. Unless you, you really believe in this company is a mid to long term investment.

Of course they do have uh some some great promise. However, just to be transparent, i do not hold this company for a mid to long term investment and i'm not going to um, give you some sort of financial advice and say hey. This is a great mid to long-term investment, as i don't feel comfortable saying that misleading people so um the rsi indicator. If we take a look, this is an extremely overbought territory and, historically speaking, when we come into this extremely overbought territory, the the drop down is usually about to the mid 30s or the low 30s.

So the pullbacks have been a little bit harsh. So do keep that in the back of your mind, if this does pull back and most likely when it pulls back, i do anticipate that we do come back down to these prior support levels, maybe around 1.25, if we're lucky a dollar 11 seems more probable. You know, especially if this is a pump and dump unless these are institutional buyers or toots, guys um. The odds of this you know surviving first, contact here are a little bit slim and i'm just i'm just saying it how it is like.

I said i don't have a position in this. I'm just trying to give you the best information that i can to help with your personal financial decision making. So this is extremely bullish territory at the moment. Obviously, we are up a lot.

The rsi indicator is up a crap ton. It's it's looking absolutely beautiful and i know some people over at the discord right now are having a heyday they're like oh man, i was a bag holder and now i'm a bag maker. So, oh, i got a kick out of that. I dropped a couple.

Whiskey glass emojis in the in the chat i was like heck yeah brother heck, yes, sister, that's what i'd love to see! So that's looking really nice um, looking pretty bullish. Rsi indicator is high. Watch for the correction. You know if you are holding this stock.

I would recommend taking profits if you are currently up now. We're just going to change this over to the two day, chart real, quick and look for some more confirmation on what to expect with the stock. We did have a crossover yesterday on the voma over the 200 ema, so if this was any sort of indicator for what was to come, that's usually a sign of a future run up and sure enough. We did see that happen, so this looks extremely nice and bullish right now, the larger the gap here, the more comfortable i feel, holding a stock until you see a reversal or a dip back down underneath the 200 ema.

You know this is looking pretty pretty nice and clean um, i'm not seeing any sort of you know. This may be the beginning of a bullish flag pattern right here, the bullish flag. Being you see, a nice clean run up a lot of green candles, and we do have that right here, followed by a flag formation, which we do seem to have right now and if this does come to fruition. This is a bullish indicator and could mean good things.

So if we break above this trend line right here right around that dollar 60 range, you know that could be very positive moving forward. That could push the stock price up quite a bit, so um, that's something to keep in the back of your mind. Looking at this stock, it is currently pretty bullish territory. It may continue to run it might not right.

Penny stocks are highly volatile, especially if this is a pump and dump which is possible. I'm not gon na i'm not gon na sit here and say it's not. It is a possibility. That is what we're currently looking at with pte.

So i just wanted to get this video out as soon as i possibly could i i'll be literally posting this immediately after i'm done and everything's done, processed on youtube, so looking looking extremely bullish, looking like an opportunity for people to make some money close their positions, I do highly recommend you take profits on pte. If you are playing this as a day or swing trade, i don't it's possible that we push up to a buck 73 or dollar 98 again right, but you know with these stocks that are so highly volatile. You just don't know, what's going to happen, especially since the catalyst that i presented to you guys has already passed uh. It was on monday that hc wainwright conference um, you know it's it's.

It's we're! Looking at a little bit of luck here right, we got a little bit lucky, seeing this run up again, so if you did not take profits prior, you know this does look like the perfect opportunity. Um, you know the volume is there rsi indicator. We are trading neutral right now and we traded neutral for most of the day. Yesterday, i think we were up just the hair or even so, as a consolidation day opened at a buck.

16 closed at a buck 15. So down a penny, maybe a little less than a percent, so nothing nothing crazy, but it did look to set us up pretty well here in the pre-market and it's looking absolutely beautiful right now so um like i said i don't currently have a position in pte. If you do have one, i would highly recommend taking profits and closing out your position, uh and walking away pretty happy. I know i uh, i had quite a few people in the discord that made a pretty solid profit off pte.

I've had some people in the comments section saying man i i made five thousand dollars off this call. Thank you so much i made i made money off of jagex and guys uh, i'm always going to try and present to you the best possibilities that i can, but one lesson that i do want to walk while i'll. Have you walk away with is uh we're? Not always going to have 100 margin, run-ups right, uh, the jagex sort of run-up or the bngo sort of run-up. That's very rare.

We are an extremely bullish market right now and when we come into a penny stock, you have to come in with the expectation that hey this might not work out. This stock may come down to zero and it is completely viable and possible that i'll walk away with none of my investments, so i recommend never trading a penny stock on pro on margin. You know always try your best to minimize your losses and you don't want to dig yourself into a hole, get a margin call that does not sound like a like a fun day. Um so just manage your risk very well and be extremely happy walking with profits and look at this guys.

This bullish, flag formation worked out literally picture perfect broke through that trend line and we are just freaking moving god dang, that's filthy, oh man. I love seeing this. You know i made a joke in my last video, i said you know if it looks like a lemon, it smells like a lemon. It tastes like a lemon, it's probably a freaking, lemon and uh.

You know this is a bullish flag. Looked like a bullish flag looked bullish, it's still looking still looking bullish, oh man, so that is what i have for the update on pte. If you guys enjoyed the video, please drop a like it does help 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 paid nine dollars a month for a membership for, and it decided to attribute growing from zero to seven thousand subscribers in a little less than a month. So if you're a content creator or looking to become one, i could not highly recommend this enough. 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 will receive a commission 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'm just glad to have you here as a part of the community and supporting the channel. So that is what i have for you guys today. Thank you for watching my friends and i will see you all next time. Peace,.