Oh man, i got a good video for you guys today. What is up? Everybody welcome to trades trades where your 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 profits 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 pretty bad 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 at the age of 23.

So if i could pass along any of the information resources or tools that were given to me, make the community a little bit better off than it was before, that's all a guy can ask for. Lastly, if you wouldn't mind dropping a like on the video, it really does help support the channel and consider subscribing if you'd like to see more content like this. As i do post videos every day and i will be covering uh, some weekly penny stock plays and giving updates on how they're sitting as well um i'd just like to give a quick shout out to the guys over the patreon. We did have quite a few new people joined today.

Has a lot anthony, shawn, noah, kevin thomas pedro chaps bach. Thank you guys so much. I really do appreciate the support they will have access to the private discord as well as uh. Real-Time insight to my personal trading and, if you're interested there is a link in the description box down below to the patreon uh.

I do have a spam account that is starting to float around youtube. Now, if you see this guy commenting on my stuff, don't don't buy his crap, don't don't do whatever you're saying my name. Has this great boxer on it so just be watching for that and you'll know that it is me now we're gon na be giving a quick update on zone. This is the penny stock that i decided to get into uh this week for a quick swing, trade, and i am still holding my position in this stock.

So we are currently up um i'll. Take a quick look! 18 on the day. You know down a little bit in the after hours i did buy in for an average cost of 0.782, so 78.2 cents, with about 4 450 shares currently up 655 dollars a little less than that. Now that we're down a little bit in the after hours.

But i'm feeling pretty good about that, and i'm going to give you guys a quick you know run down on what the one month charts are. Looking like give you a rundown on the fundamentals of the company, a news article that i found uh we'll talk about their following on stock twits, the sentiment, the overall volume we'll talk about a bunch of different indicators. Here you guys know if you've followed the channel for a while that i love volume. I love paying very close attention to that and uh we'll just run over um.

You know the volume the rsi indicator, the relative strength index, which is uh anything over 70 being overbought anything under 30 oversold i've got the 200 ema pulled up the exponential moving average, which is a 200-day moving period. Average valuation trend line uh just based on price action, as well as the vomit, the volume adjusted moving average over a 20-day period, takes into consideration the overall volume that's going into a stock and creates a trend line based off of that. Let's talk about some different uh patterns that i'm seeing on the stock uh and how we're looking going forward with the trading day tomorrow. What my overall plan is when i will be exiting when you guys, could potentially exit what potential entry points and then we'll look at this from a one day, one minute perspective as well.

So if you're not familiar with what zom is, they are uh. You know another pharmaceutical type company they operate as a developmental stage company. It creates products for companion animals by focusing on the unmet needs of clinical veterinarians. It plans to offer novel diagnostics and therapeutics that focuses on patient health and practice health.

Their overall market cap is about 273 million, so they're pretty small company, but i actually read this on stock twits and i found it very interesting and i want to bring this to you - guys attention just going to take a quick look at jagx they're at a 500 million dollar market cap and they're currently sitting at 3.57, and they were up to five dollars right. So a 500 million dollar company. And if we come back here and take another look at uh zone, 500 million dollar company compared to a 273 million dollar company. Now i don't know how the math works out, because i i didn't major in math, i was in nutrition uh.

I got my degree in nutrition if you guys have followed for a while, but uh 273 million dollars. I don't think that quite adds up. Even if you just double that to a buck 50. jagex is trading at 357 right now, so just keep it in the back of your mind, that's a it's very interesting stuff for sure.

I thought that was something. Zome is up. 60, 000 people now uh, total members message. Volume is up, almost 50 sentiment is up.

Price was absolutely crazy. Today, and i brought this to you guys: attention backward. It was 40 cents um. You know about four or five days ago, and i said you know the charts look pretty solid right now.

I think this has some great potential at the time i was in jagex and uh bionator genomics and and pte i'm still in pte, but i said this has some potential and we have run up an insane amount granted. This is why i was laughing at the beginning of the video. This might be part of the reason why this home is up so much so zometica stock, spikes, 90 and tiger king star carol. Baskin could be the reason penny stock popped monday at tiger king's start carol.

Baskin could be the reason, so a video on youtube shows baskin discussing zome and the company's upcoming, true form of point of care, diagnostic products, all the cool cats and kittens watching they help our veterinarians and our furry friends said baskin in the video referring to zometica. Oh man, you can't beat this. You can't make this kind of stuff up guys, i'm not that's all good. I said the only thing i didn't like about this penny play is that it didn't have any sort of news catalyst that would push it up and uh.

You know what do you know? We have some news catalyst now i'll leave a link in the description box. If you'd like to watch the video, i i'm not i'm not going to waste you guys time but um. That could be part of the reason. I guess i mean i'm speculating it's definitely possible, but uh, that's it.

It was a huge influence. If it was right, we were up 92 on the day i did get into the stock at uh, just under 78 cents, with an average cost of 78.2 cents. You know uh looking pretty decent right now, pte, i'm up. You know down for the day a little bit about five percent, but still up about 21 feeling good about that um.

So what we're looking at right now we do have the crossover from the vom over the 200 ema, a very bullish indicator, the more large the gap, the more bullish, the stock and, historically speaking, why i'm not that nervous about holding zome right now, because when we See price corrections on zone they're not that drastic look at this guys: 43. 39. 37, we're not going from extremely overbought territory and just crashing people like this stock, they believe in this stock. So when we saw this huge spike in volume, this huge run-up right look at this look at the correction we played out to about 50 cents came back down to about 40 cents right, so i mean 10 cents is a decent amount for a penny stock.

You know if you're trading under a dollar, but that's really not that harsh of a correction guys - and i know if we can push over a dollar tomorrow. I feel really really good about that. That's going to attract some new investors and if they can hold over a dollar for a 10-day period, that will also attract some. You know investors and traders, and you know i am going to hold this as a swing trade, but i really like the price action on this.

We've had some really really clean, run-ups i'll point out a couple different things to you that i saw on the charts for the day, but we're looking nice. You know we're. We we corrected very well off of this overbought territory. We did come up to 91.

You know, and previously we've come up to the 90s - the 87. You know, 83. Our correction wasn't really that bad, it's pretty solid, and if this continues to run, i feel pretty good about that. You know it's i mean i don't know how you wouldn't, but you know just looking at this from a completely unbiased standpoint.

It looks extremely bullish, guys there's no beating around the bush here. If we look at, you know a one month trend line, we were at 16 cents a month ago and right now we are trading just under 90 cents. Look at this look at that. That's that's, not that's as clean as it gets.

This thing is, this thing is absolutely crushing right now and i'm loving the price action on zone. That's that is beautiful. We did have some great confirmation in patterns on the charts today. So if we do draw this up, we had a very beautiful looking bullish flag.

I'll get rid of this overall trend line right here just to make this cleaner. I will bold this trend line just so you can see that a little bit better. Hopefully, let me just pause the video quick i'll fix this all right, so we got a pretty nice clean bullish flag right here. So if we zoom in you can see, we've got the pole right here.

A really nice tight compressing a price action which is a lot of buyer buying pressure and then a nice shootoff once he broke that trend line and we're looking pretty nice right now. Besides that huge, you know, you know, profit taking in the after hours, which i'm not surprised by. You know the stock has run up over 100 on the day. We're looking really clean.

So if we can, you know, let's just change this quick to a one minute window, take a quick look at this um. Let's just draw up a trend line from the top and to the bottom right. So if we draw right here from the bottom overall, we're still trending up in the after hours right now we're still moving up right. We are.

We are technically down from that 93 cent point, but if we draw from the top point right here level it down that's tightening of price action, guys ever so slightly. That is a tightening of price action. I like to see that, because it is a bullish indicator, you know the price action on the day was so so clean. I mean look at this.

We had another bullish, flag, confirmation right here. Everything about the price action today was complete. Buyer control. The bulls were absolutely rocking the stock they had, they milked every every cent out of short sellers if you short sold this stock.

I feel really bad for you honestly, but look at this beautiful bullish flag that we had on the day, looking absolutely phenomenal. Um, we'll drop a trend line from right here once we broke through that trend line, we saw a nice test of that. One dollar range we tried it out, twice, didn't quite hit it either time, but i do think there's going to be some people coming back to this tomorrow to see if we can break that dollar range right and i'm gon na be watching this very closely. If i see us approach that one dollar and we reject the price the second day in a row, you know at that point: i'm probably gon na take profits.

I'm gon na be pretty happy with that, but if we do push through a dollar, i think the upside is extremely high and i'd, be i mean that's, it seems to me like this is complete buying territory right now, i'm not recommending you buy into the stock That uh, you know almost a dollar when it's run up this much right at that point, you're chasing a little bit right, um, but just based on the price action that we're seeing right now it does seem like this is still pretty bullish territory. You know and a price correction is going to come eventually right. That's the beauty of a trailing, stop loss or setting a limit order. So you know if this stock does test out uh.

You know that low 80 cent range again tomorrow. We see some pressure right off the bat in the pre-market, i'm probably gon na take a small profit right. I could have been looking at a little more, you know. Maybe the smarter thing to do would have been to sell half of my shares.

You know at near that one dollar range i'll, let the other half ride, but i did not and i'm just being completely transparent. You know i will show you again. I i still have all my shares all uh, all 4 450 of them - that is a dollar cost average of 78 cents, and i feel pretty good about where we're sitting right now. Now, i'm not telling you to you know ride this until tomorrow, but that is personally what i'm going to be doing so just to be completely transparent.

I do think that this still has some potential to run and if we look at jagex just as a comparison, you know there is a difference because jagex had a news catalyst that was pushing this price action versus this carol, baskin, video or whatever. But the run-ups were very similar here right. We had a. We had a nice setup, a nice bullish flag pattern over a couple day period.

You know at the very worst we may see some consolidation um. You know, i suppose that's not the very worst. We could see a harsh sell-off right, but but uh it looks very similar right i mean we were at 35 cents a month ago, on jag x trading at 356. Right now, zome looks very similar.

We just haven't seen as much of a run-up. You know 18 cents to 91 cents, but this has been very clean movement guys and i'm liking the price action on zom right now. So that's currently, where we're sitting with that, i am still holding my position if you're looking to get into the stock, i would just be very cautious um. You know maybe look for this retest on support level, where we saw that candlewick end right around here.

At 75 cents that does seem to be a significant level for buyers and sellers at 75 cent range. So if you're looking to get in, you know it may be worth considering, then honestly, i will probably take profits on half. If we see it drop to the low 80s and let the other half ride and watch the recess of that 75 cent mark and if it bounces, i may actually take the profits that i made and re-buy in and ride the next wave up. So we'll see we'll see how it plays out.

That's currently how we're sitting right now, uh everyone on the patreon will have you know, access to my live trading and what i decide to do, but i do feel really good about it. Um my exit point for this stock um. If we break over a dollar i'm going to watch for that first level of resistance, you know whether it be a dollar 10, 15, 20., and if it bounces off of that, i'm done i'm taking profits. We're not going to hit 100 200 300 margin on every single stock and the biggest piece of advice that i can give to investors out.

There is to nickel and dime the crap out of every single swing or day trade that you make right because we're not going to hit 100 in everything. It's just not possible, but when you add up those small chump change, nickels and dimes, you know day in and day out, you're going to build up your portfolio really nicely over time. So i mean, like i said a week ago. I was at 19 000.

If you kept up with the channel and uh right now, we're up to you know we're up 7. 000. 8. 000 bucks.

So these nickels and dimes add up over time guys and i'm telling you you just keep rocking that that those swings you're going to be looking really really nice, so change it back to the two-day chart really quick change it to a one-minute window. I would not recommend short selling the stock since the the movement is still extremely bullish. You know, if we look for the volume uh, the volume adjusted moving average. We are currently underneath.

You know the 200 ema, so that is a little bit bearish of territory. So that's something to keep in the back of your mind, i'm going to be completely you know transparent with the stock, i'm not trying to pump it up or tell you what to do just present it to you. How i see it currently in bears territory right now in the after hours, but we did have a contact point at the beginning of the day where we were over the 200 ema and throughout the day this was extremely bullish territory right, we saw a small dip. You know towards the end of the day, but uh we had a couple different times where we tested out that one dollar mark and i would honestly not be surprised whatsoever to see us retest that tomorrow so uh, you know if i'm wrong um, that's totally all Right, i'm completely fine with that.

You know every out of 10 trades if you hit seven or eight the right way, you're doing really good, and i know there are people out there that made money off of this. There are guys in the private discord over the patreon that that said, they went up, you know 20, they took profits, and that is absolutely phenomenal and that's exactly what we're looking for is just to make money the easiest way. We can give you the cleanest setups that we can, and this was one of them, so that is my current update on zone. I will be posting an update on my other three penny plays.

They are going to be compressed into one video just because it will be a lot easier that way and if, if you are any of the three it'll be run down, pretty nice and smooth i'll try to keep it short and sweet uh. Thank you for watching. 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, as i do post videos every day and lastly, i have an affiliate link in the description box down below for tubebuddy.

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I just appreciate you guys giving me your time and watching the videos, so thank you for uh. Thank you for watching my friends and i will see you all next time. Peace.