What is up everybody good morning from uh minnesota? I uh i woke up at about three o'clock this morning, just so excited for the market. I just can't get myself to sleep anymore, just tough, uh, tough stuff. For sure i guess it's a good thing. I drink coffee anyways, welcome to trey's trades.

We get technical analysis on different stocks in the stock market as well as potential buy holders 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 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 to invest my money, and i am 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 any of the information resources or tools here to the community at trades, trades make a couple people out better than they were before.

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I apologize brother tj, maher aaron, drake, tim nathan, louis germ german billy ibrahim manu. Thank you guys so much for uh supporting me at the patreon really does mean a lot. They will have access to the private discord where everybody talks about stocks and different uh strategies, as well as my real-time insight and personal trading and then watch for the spam. Account guys this is uh.

This is not me. Trey's trade without the s you'll know it's not because he doesn't have that great boxer on his name. Uh, don't fall for this scam. Crap don't buy us crap, don't contact that number and if you can report it, that would be absolutely phenomenal.

So uh with that being said, we're just going to give an update on ap xt and i'm going to talk to you guys about why we saw this very sharp increase in price action in the after hours yesterday and then we're just going to cover a couple. Different things so we'll talk about the volume the rsi indicator, the relative strength index, anything over 70 being overbought anything under 30 oversold i've got the 200 ema the exponential moving average, as well as the 20 day. Vomit, the volume adjusted moving average pulled up. The vomit is a volume weighted and adjusted average trend line over a 20 day period and then the 200 ema.

The exponential moving average is a 200-day moving average price valuation trend line and we'll talk about what these both mean and then we'll just take a look at this uh with new support and resistance levels where i can see this going in the future. Potential entry and exit points and uh yeah: let's just get right into the video. So if you're not familiar with apxt, they are a acquisition and blank check company. It is formed for the purpose of affecting a merger capital, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

The firm intends to focus on search for prospects within the software internet technology industries. So apfc is a spack play very similar to lca, and you know i can very easily see this being a 28 or 30 dollar play at the end of uh at the end of it all when it's all said and done, and it's currently trading in the After hours uh up about a dollar for it, we did see that it was yup 16 bucks. So just hanging around that level of support uh, the message volume is up. Quite a bit, price is up.

The watch list has slowly been growing over time, but not a lot of people know about this play yet compared to as many as i think should, and the reason that this this stock, at least from my speculation increased, is from this article yesterday now i did Find this on ap news and it says apex technology, acquisition, corporation and app points to participate in two upcoming investor events, and i assume this is what sparked the interest. This was posted on january 11th, apex technology and app point: the largest data management solutions provider for the microsoft cloud. God i love seeing microsoft anytime. You see microsoft involved with another company.

That should be all the confirmation you need to buy into that company today announced that they will participate in two upcoming investor events: jeff epstein, not to be confused with jeffrey epstein, co-chief, executive officer and cfo of apex technology and dr tiani jiang and points co-founder and Ceo will participate in the jeffree software virtual bus tour on thursday january 14th at 10 15 a.m. So because of this, we do have a hard date, and that does make this. If you're not. You know in this for mid to long term investment, a pretty solid swing trade opportunity because we do have a date and anticipation should build into that uh into that date and time.

This is at 10 15 a.m, eastern time, which is 9 15 cst. If you're not familiar or 7 15 pacific time and then on wednesday january 20th, the two same people will also participate in the northland security spec investor conference uh at eight o'clock a.m. Eastern time 5 a.m, pacific time or this would be 7 a.m cst. So i do speculate.

This is why we saw that pre-sharp increase and because we do have hard dates. I do expect to see a run-up on this stock over the next week, as these talks do come to fruition as they do go to these events. Anticipation should build, we should see an increase in overall volume. We should see this rsi indicator approaching 70.

More often than not. I do anticipate that we'll. It will start pushing up towards this. This high that we're seeing here at about 17 and 80 cents, just the hair over that um and we're looking really good.

So we have a crossover on the vom over the 200 ema, which is a very bullish indicator, the more space you have between these two lines: the better off and uh. I use that exact um that exact method to find you know different plays to get into so like this happened on jag x when it was right around 80 cents, and this is what i got you guys into this play, and some people said that they made You know four hundred percent on jag x, the same thing that happened with the ngo same happening, uh same thing happening with zone right now and that that's just happening now with apxt. So i do anticipate a pretty solid run up over the next couple days, especially if we can hold that uh vomit over the 200 ema rsi indicator is over 70 or just under that right now, corrections have been harsh in the past. We have seen some pretty drastic sell-offs.

Spack plays do come with volatility, even though this isn't a penny stock. You know most people that get into spax are not planning on holding this for an entire year. It's a midterm play right and because of that you know people ebb and flow with the overall rhythm of the stock, and you may see people drop off just based on the price action. So you know that's something to keep in the back of your mind.

Looking at this, i do anticipate we're going to approach that 70 mark on the rsi um pretty frequently over the next week, leading into those two events. So that's that's kind of how we're looking right there as far as levels of support and resistance goes currently on the stock um. I anticipate that this 1544 will be a pretty solid, acting level of support, followed by the 16 mark. That was a previous level of resistance in a couple different candles here.

We've got one touch point two touch points, three touch points, and now it's acting as a very strong level of support right there and then resistance. We're gon na be looking at a couple different areas: we're looking right off the bat at about 16.30 and you can see if we go back here on the chart. We've got a couple different contact points, so it's a pretty strong level um to be watching for followed by an immediate breakthrough after that to about here that's 16.77, so we've got two different candle wicks three different candle licks four. This did act as support in the past did act as resistance here.

So if we can push through that, i think we're looking at. You know: 17 80 18 bucks pretty realistically within the next week. Um and i will be holding this play until at least 25 dollars, hopefully, as i i do anticipate that's what it'll reach um by the end of this whole spec ordeal and i'm very excited for the stock. So it's looking very good right now.

The price action is looking beautiful if we change this to a two day chart and change it to a one minute frequency looking here right off the bat. This is a very clean run up, there's no extreme bullish patterns that are standing out to me. We did have kind of a double double top right here. You know it didn't quite touch that same level, but i will point that out just to be completely unbiased and i will show you guys that i have a position in xt just so you can take that for what it is.

I am an ap xt at a dollar cost average of 14 20 152 shares currently up about five percent or 110 dollars. Um and i've been holding this for a while. It's been a slow grower, but i will be holding this um for some time to come. I do anticipate that it'll move uh.

I i actually laugh a little bit because some people were commenting saying that apx is never going to do anything and it is uh. You never know the market's unpredictable guys, it's kind of stuff that you can't predict these uh. These things, so we do have this double top right here, which is a bearish indicator right um, so just pointing that out to be completely transparent, but we did push through that. Obviously, with that news catalyst, so things are looking pretty good there um.

We did see a pretty neutral overall day on price action, 1461 closed the day at 1493, so up a little bit, but the main majority of the action was in the after hours, and i do anticipate that we're going to continue to see a run-up in the Regular market hours, then, if we do look at the vama and the 200 ema, we do have a crossover right here again in the after hours, where the vomit does cross over the 200 ema. So we have double confirmation on the macroscopic view of the stock, as well as the microscopic view, which is absolutely phenomenal. I think this is a momentum shift. I think this is going to give control back to the bulls, because if we look at this from a one month perspective, it was a it was a pretty slow bleed for a good minute.

There right we did touch up almost 18 bucks and then not a lot was happening, but it does look like we are back on our way now. Um things are looking pretty good. As the old saying goes, patience pays and it looks like in this situation. It is in fact going to pay now.

This is actually a unique opportunity, because, typically i wouldn't say a spec deal is a swing trading opportunity, but if you don't do not hold a position in the stock or you sold out of your position in this stock, i think you can use those dates that I gave you guys and i'll pull them back up again. I think you can use this january 14th and this january 20th as hard dates to watch for right, buy the hype, sell. The news exactly applies in this situation. So if you want to swing trade, this keep those numbers written down somewhere or in the back of your mind and uh watch for the price action.

And then people always give me flack, because i sell early quote unquote um, but i always sell the day of the news. Even if there's a price run up, i'd rather miss out on on and on potential earnings than then uh. You know something wrong. Something goes wrong so, like an example is jagex.

If we pull up jagex, i sold out of this on the morning of the the webinar where they're supposed to announce the merger right i sold out right about here. I saw some pretty bad price action happening. I googled what's up with jagx what's going on and that webinar got moved to. I think thursday of this week and i will be updating a video on that.

But it's a lot of my position on jagx and uh. You know that you just can't predict these things in the market, so i always buy the hype, sell the news and if you're going to swing trade apxt, i would say, do the same thing. You know, maybe the morning of you might miss out on some profits. Right because if it goes well, you could look at another 10, 15 percent sure right, but there's always going to be these kind of plays in the markets.

Chump change here, chump change, hair. You know nickel and dime nickel and dime that all adds up right. We're in a business uh we're not gambling and most of the time these things come to fruition right, but sometimes they won't and uh. If something goes wrong, you could be caught holding the bag or missing out on profits, and i just don't want to do that.

To you guys, so things are looking really solid. Do you want to swing trade? This? I think a good entry point would be this 1590 uh current support level. We are trading at 16 12.. So if you do see a pullback to that area, there'd be a pretty solid entry point and then i would watch to see if we can push past 18.

I think 20 is very realistic within the next uh within the next week or so honestly, i wouldn't be surprised with 22., but i always lowball it i'll. Tell you the low number in the back of my mind, and i think 20 is very realistic. Just based on the overall price action that we are seeing on the stock, so that is my update on apxd. I hope that helps answer some questions in case you were not aware of why we saw this pretty sharp increase this time it was not uh.

It was not youtuber richard allen, i'm saying saying the wrong stuff. You know that that kind of that happens. You know i'm not giving him any flack, because um and i've made mistakes on the channel too, but this time it's legit news guys this is uh. This is the real deal, so it looks good.

It looks promising. Thank you for taking the time to watch the video. If you enjoyed it, please drop a like. It really does help support the channel and consider subscribing if you'd like to see more content like this.

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Thank you for watching and i'll see you all next time. Peace.