Guys this is the perfect storm, i'm so excited for this. What is up everybody welcome to trace 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 to preface 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 can pass like 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. Lastly, if you're not mine, drop 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. Now today we have a huge video on ticker symbol, inuv and nouveau incorporated uh. Before we get into that, i did want to give a quick shout out to the guys over at the patreon.

We have had some new members join us. I don't currently have it pulled up, but we are 330 members strong uh and i i really do appreciate their support. A lot they'll have access to the private discord as well as real-time insight to my personal trading and a beautiful discord. This is full of so many nuggets: we've got cold stocks back place, short term midterm long term, investing assistance, chat and questions.

There's a lot of good stuff happening here. Look at this meme! I made guys pretty decent. I love this meme uh. So if you're interested there's a link to the the patreon in the description down below now, today, we're going to be giving an update and a analysis on inuv enubo incorporated we're going to run through a couple different things.

I've got the one month chart pulled up, we'll look at that. We'll take a look at the one day. One minute chart uh, we'll take a look at a couple, different indicators that i have pulled up: the rsi, which is a relative strength index anything over 70's overbought, anything under 30 oversold. I do have the 200 ema the exponential moving average, and this is a 200-day average trend line based on price action over 200-day moving period.

I have the 15-day vomit, which is the volume-adjusted moving average, and this is a 15-day average trend line based on price action. Adjusted accordingly to the overall volume that pumps into a stock we'll talk about different bullish and bearish indicators that we have pulled up here. I do have a fibonacci drawn up, don't worry about this! This is not complicated. I promise you, and that is just a retracement based on the last base, up to the height of the run up and we'll talk about what that all means.

But if you're not familiar with what no renewable is we'll risk running through quick and why i'm so excited about this company, so a nuvo engages 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. Develop click service 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 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 enuvo, and why i am so excited for this guys is because we have some huge, huge news regarding vanguard, who does have a position in this stock, and i am so excited to Tell you guys about this, they did just recently increase their overall stake in inuvo.

They do currently have 2.67 million shares held in the stock at a market value of about 978 thousand dollars, and this is the perfect storm, because inubo on january 14th had an 8 million dollar common stock offering, and that is so so so huge now one second For whatever reason, my fidelity logged me out now why i'm excited about this guys is because, on january january 14th the company had a offering, and if we look at the charts here on january 14th, they had a pretty large plumbing right, a large large sell-off, and It's been trading about the same since right at 67 cents it has reached a high of about 78 cents, or so just under that 77.5 cents, and this update this vanguard. Investment into a nouveau is huge because institutional buyers will not put their money into a penny stock such as inuv or maybe arc for nanodimensions right. If they did not believe that the company is going to do something in the long term. That indicates to me that uh, in that vanguard, very highly, believes in a new vote and wherever big money is going.

You need to really closely pay attention to that, because that is an indicator to me that uh there is something in the works with a new ball, and this is a huge opportunity for both the swing trade and a mid-term hold, and i want to present this To you guys as soon as i found out - and i did just find this out and oh this is going to be filthy and not just that, but the charts look really nice. So if we just redraw off this fibonacci from the run up here, we're going to draw from the base to the peak uh the base down here. Actually, it looks like we retraced very well to this 50 mark right here we see a nice bounce at 62 cents, we're holding extremely well at this previous retracement at 61.8 percent and holding it super super nice. So this is a great acting level of support.

At 62 cents followed by 66 cents, guys, i don't know if the market's sleeping on this - i don't know how many people know about this, but i'll tell you what right now, if you get into this play, you are going to make money. This is a stock that i will be holding for probably one two three four weeks uh until we see some massive selling pressure, but i think that you getting into this stock for 66 cents is absolutely filthy on the rsi indicator. It's currently just under neutral territory, approaching oversold we have a large gap between the 15 day vomit and the 200 ema here, and it's closing right now guys so we're losing momentum. I think we're looking at a three or four day runner right here.

I think a nouveau is a three or four day runner - and i am so pumped for this, because i am going to be uh rebalancing my portfolio getting into some really solid positions, inuv being one of them frsx, i'm looking at i'm looking at getting into hst. Oh, i believe, is the ticker i'll, just double check to be sure. Hsto is set up for something really nice, but in nouveau guys i am so so excited for uh. The volume is not even anything crazy.

Yet i think this is going to be tomorrow is going to be the beginning of a nice nice run for a nouveau, so potential entry points right. What are we looking at? Well, i think a good entry point to begin with is going to be right around here at 63 cents. We've got a nice level of support, however, it'll depend on how the market reacts. How many people are talking about this right? I don't know how many people are aware of this vanguard investment, how long it's going to take for that to gain traction, but if it doesn't take traction right away, that's time, for you guys to get ahead of the hype.

That's what we're all about here at trey's trades. We did that with jag x. We got ahead of the hype we got in at 80 cents before this huge huge run-up right. Here we got into bngo before the hype we got in back here at about a dollar twenty to a to a two dollar range.

We got an ocgn before it ran up. Did the exact same thing before it uh gapped up guys guys, i think inuvo is literally that next play the it's tightening up right here with the vama over the 200 ema. But you are going to see this gap. You are going to see it gap up.

This is a huge news, catalyst and it's one. That's sustainable right as long as vanguard has a position in this stock that is going to act as confirmation to other buyers. Small-Time buyers like you and me right who are looking to get a position in the stock and say hey if this big-time institution is willing to put their money into this company and hold for a long period of time, and not just that, but improve their position. In the company that is a sign to me that i can do the exact same and there are going to be a lot of like-minded people.

Thinking like you and me, my friends and they're, going to hop on a nouveau and they're going to load the boat, and i am loading the boat with this. I'm going to be cutting down some weight in in ship and bio, possibly ctrn, but at least those two companies for sure, and i am going to be capitalizing on a nuvo league. You would not believe i am so excited to get in on this, so the volume i expect to pick pick up. I expect the rsi to push 70..

I expect another three or four day run like this, where we can really lock in some mean filthy profits. I expect a huge gap between the 15 vomit and the 200 ema uh it's. This is a perfect storm guys. This is set up, really really nicely exit points.

If you get up over 50 100 and you're completely fine with that lock it in guys. I that's totally fine, but for me this seems like a solid midterm hold and as long as vanguard has a position in a nouveau, i feel completely comfortable riding through the dips, the valleys, the highest. The lows on the nouveau and i plan on doing that. So i'm going to be holding this for a midterm price target, uh, enubo, frsx i'll, probably be holding long term, but in nouveau i think i'm going to hold for the midterm.

At the very least, i'm not gon na play this as a swing. I'm gon na get in this as a whole stock, as i think it is gon na have a lot of movement, but i do expect a huge bump in volume, and i'm just really excited about this. So we'll take a quick look at this on the two day. One minute chart real quick just to look for any extra confirmation that we are seeing and we do have a tightening of price action right now.

This is a nice wedge formation and that is typically confirmation to buyers. So we have been consolidating for a couple of days now and the more this titans, the more confirmation we have from buyers that this is not going to just rip and dip right. So if we look back on the one month, chart really quick take a look at this uh. We saw a pretty heavy rip a dip and it's just been consolidating and correcting since, and that is a confirmation to buyers that this is going to stay right.

We had that direct offering. So you know people were got a little bit. Scared took their money, took their profits huge buying opportunity. This is just the perfect storm guys that looks so nice, so we've got the.

We do have that uh that very nice ascending wedge formation. The volume is very consistent throughout, so i expect it to be pretty heavy uh pretty heavy. I don't want to say volatility very, very heavy and steady growth. I think it's going to be a nice growth stock.

You'll probably see a nice pop tomorrow, but i think beyond that, it is going to continue to grow based on the overall trends that we've seen on anub. It is a very solid, slow growth stock and, if you're getting in at 39 cents and you're, holding all the way up to 80 cents, i'm willing to wait for a month for 100. I don't know about you guys. That's fine with me and a noob looks really really nice, so i want to get this out to you as soon as i possibly could so, if i really hope this provides some insight, some help to you guys, i'm excited about it.

This is a stock. I am going to get a position in and i really really hope you guys consider the same. Of course. Do your own due diligence make your own financial decisions, but i'm very excited for a noob.

I think it is going to have very high potential, just like jagex, just like bngo uh, just like pte. I think this is gon na, be a big big, big runner. So that is what i have for the video today guys if you enjoyed it. Please drop a like if it does help support the channel.

Consider subscribing if you'd like to see more content like this and lastly, i have an affiliate link in the description box down below for tubebuddy. Now. Tubebuddy is an seo optimization website that i personally pay a nine dollar per month, membership for and it is how they would attribute growing from zero to almost 9 000 subscribers in just over a month. So if you're a content creator or looking to become one, i could not recommend this highly 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'll receive a commission off your purchase 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 just appreciate your support by taking the time to watch my videos, so that's what i have for you guys today. Thank you for watching my friends and i will see you all next time.

Peace.