Crap crap crap crap crap, crap crap, oh no, i'm screwed. No, i'm kidding, i'm just messing. What is up everybody welcome to trade trades. We get technical analysis on 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 into 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 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 that were 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 last.

If you would not mind drop a like on the video really does help support the channel and consider subscribing if you'd like to see more content like this. Now today we're going to be giving an update on ticker symbol, zom zometica corporation, to be completely transparent. I do have a position in this stock. I'm sitting at a dollar cost average of 78.2 cents with 4 450 shares currently up 30 down 5.56 and 267 on the day, and i am holding this at least until late march, and there is a lot going on with the stock guys.

I've got a lot of good things to talk about we're going to look at this macroscopically and microscopically. To give you a whole picture perspective on the on the company, how the price action is looking, i've got three different indicators pulled up and i'll tell you what these are really quick: the rsi, which is a relative strength index. Anything over 70 is overbought. Anything under 30 is oversold.

I have the 200 ema, which is the exponential moving average, and this is just a 200 day price action based trend line that tells you the price action over that moving period and the 15 day vomit, which is a volume adjusted moving average and some brokerage accounts. Don't have this, you might need to use the v-wop or the ma they're about the same thing just slightly different, and this is just a price action trend line based on 15 days of moving price action. That is adjusted accordingly to the overall volume that goes into a stock, we'll talk about some different bullish and bearish patterns that we're seeing on here, uh potential entry points and exit points for both swing traders or midterm long term investors and we'll give you a brief Rundown on what the company is as a whole, so with that being said, let's get right into the video first off. I want to give a quick shout out to the guys over the patreon.

Thank you guys so much for the support. We are about. 340 members. Strong right now, it's absolutely mind-blowing how fast this channel's grown and we just hit 10 000 subscribers baby whoa.

Thank you guys, so so so much that is way too cool, uh anyways. If you're interested in joining the patreon, they do have access to uh. My real-time insight, as well as this awesome private discord, we've got a lot of good stuff in here. Spec plays short term plays midterm plays long term, plays investing assistance, chat and questions uh.

If you're interested, there is a link to the patreon in the description down below now zom, if you're not familiar we'll just give you a brief rundown. 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, and why i am excited about zometica is because we are expecting the commercialization of a system that they're working on called truforma.

Now what truforma is it is a system that is going to help regulate the thyroid thyroid gland in pets, specifically dogs and cats, and this is a very important market in the world right now, especially with quarantine with coven a lot more people have pets and, with A rise in pets comes a rise in pet health demand, so uh, if zone can really capitalize on this on this true form of system which will help regulate, thyroid and animal health and commercialize. This get it out to the public. I can see this being a very, very big, hitter and honestly we're seeing a lot of pump up here. Granted.

We did have every time i think of this laugh. We did have a little bit help from carol baskin, one of the one of the stars from tiger king. We don't mind a little bit of luck in the market. That's not that's not a bad thing, but uh.

We did have a little bit of help from carol. We did a little bit of help from carol baskin. I'm sorry i'm done, though, i'm done though, but i still do feel good about this company. I do think this is going to be a four or five bagger by the end of march.

I'm going to be holding it at least until then, and think about this. If you could hold the stock for uh two months and you're guaranteed to get 300 margin, we're gon na run it really low here and annually. Your roth guy and in which you can only put about six thousand dollars a year into, can get you about. Ten percent, what sounds like the better deal? You know what i mean not telling you to put your entire portfolio in his own right.

That's that's, obviously very risky. It might not work, it might work um. That's my prediction. Do your own due diligence but uh.

If you can beat your roth ira guy, why not organelle your roth ira, guy or gal anyways? Let's give you an update on the price action here on zone and honestly it was a kind of boring day and the majority of what i want to get across in this video is be patient, be patient. This stock will have its time. We are long ways up from the commercialization of true form, which is in late march, so you can play this a couple different ways right. You can play this off as a a consistent swing trade that you keep on your watch list and anytime, that the more the volume moves up the price moves up you can get in get out, get in, get out, rinse and repeat, rinse and repeat over and Over and over or what i am planning on doing is holding this until late march and any time that we see a dip back down.

I'm going to add to my position. I currently have a position in admp. This was a grand slam play that we hit over at the discord sitting at a dollar cost average of 1.35, or that's where we're at right now. That's not my dollar cost average.

I got a dollar cost average of 103. currently sitting at a dollar 35.34 and i'm likely going to be taking the proceeds from that stock and getting into zome if it slips underneath that dollar range and improving my position until we get to late march, so that We can cap out on this, so, if you're looking to answer the stock, well, what's a good price well, what's interesting is if we drop a fibonacci from the base of this last run-up to the peak of the run-up right here you can see that we have Two different retracements. If you can't see that i know i got to do a little bit clean up on the charts here, but we do have a retracement that lines up at 94 cents as well as 82 cents, and i think, if you can get into this at 94 cents To a dollar you're going to make an exponential insane amount of money in the future, and i am willing to wait for this stock to do its thing, because i know what it is capable of. So that is a good entry point.

If you're looking to either swing this play or hold it mid to long term to improve your position to dollar cost average down or up depending on when you got in, if you're a bank holder, don't worry, your time will come to get your money back. You're not gon na have to wait forever. I don't even think you're gon na have to wait more than two weeks. I don't even think you're gon na have to wait till the end of the week.

Uh it's it's time is coming. So that looks like a good entry point based on the retracement on the fibonacci that does look very nice. The rsi was trading about neutral today, just a hair below neutral. We were oversold.

That is why we see about five percent rent on the day, but what i do like to see is that we held over a dollar and the longer this holds over a dollar. I think the more investors you're going to bring into this trade - and what i also like to see - is the amount of green volume that we've seen here right. Look at all these green bars. We don't have a lot of red volume to back that up, which to me says that this is an investor's stock.

The psychology of the volume says this is an investor's stock and not a trader stock. These people are likely still holding their position in the company they're waiting for that next leg up, so they can make their money and that is assigned to me of how this is being traded right or invested in. I should say so. I do think this is an investor's stock.

Historically speaking, the corrections are not very harsh right if we look here and we have a dip down to 39 49 honestly, this has been one of the most gnarly dips, we've seen so far down to 35. Besides, right here down to 31, in which case it corrected the next day, you know what i mean. So if this is any sign of trend last time we were down to 30 the next day we ripped it back up last time we ripped down to 30.. Today, maybe we're going to rip back up, you know, that's just a trend.

Of course i can't predict the future, but based on what we're seeing this is still bullish territory. We still have a gap between the 15 bomb and the 200 ema. This has been a constant grower for the last month. We were at 25 cents at the beginning of the month and now we're at a dollar four.

We went as high as a dollar. Forty eight. You can't beat that kind of growth, guys i'm telling you. I am telling you the charts here: scream bullish.

They scream i'm still gon na run. It's just slowing down it's slowing down consolidation's, not bad consolidation, slightly favors bulls. We are tightening on price action right now. This is a bullish, flag formation.

We've got this nice long, pull a tightening and squeezing a price action. If we extend this overall trend line into the next trading day, if this plays out - and we break above this top trend line which would be at about a dollar and five cents, you should see a pretty nice push and i feel really good about that. So it looks bullish we were just oversold today today would have been a good opportunity to improve your position tomorrow. If you see it slipping in that 94 cent to a one dollar range at ad buy buy buy.

I cannot get that across more i'm telling you zone will have its time be patient. I know that right now in the market there is an insane amount of absolutely filthy runners. Uh. I can't obsv obs b went absolutely insane and nouveau has gone absolutely insane right.

Uh we've got uh admp when absolutely insane and it's okay. If you jump ship and you want to swing over there for now, but just don't forget about your girl, don't forget: don't forget about your girl's own she's gon na be there for you, she's gon na. Do her thing over in late march, i've got a really good feeling about it. I'm not going to ditch her.

I feel i love my girlfriend to death, but there's two socks right now. If i had, if i had to have a side girl, it'd be zom. It'd be mvis, zome and mavis. I love i love.

I love my girl from the dead. Sarah peace be with you, but zome is a close second i'll. Tell you that right now, so let's change over to the two-day one-minute chart and just take a look at the price action here and we'll just give you any sort of bullish or bearish confirmations that i'm seeing here and guys. Honestly.

This looks a lot like a barcode. I've seen some mixed reviews on this kind of trading right, so this isn't necessarily a bad thing. This is just really really neutral. This indicates to me not a lot of volumes happening, not a lot of price action.

It's just a lot of up and down up and down barcode movement here, so there's actually not a lot to tell you about the price action on the day which i'm kind of sad about it's it's it's nice to talk about. As far as i can see, you know, based on this really kind of choppy chart, we do have a little bit of a double top right here. It's a really weak one. So take that for what it is, but this is a double top and that is typically a bearish indicator which would see why we have that negative 5 date.

We did bleed a little bit uh the rest of the day. We were at about a dollar eight or so went all the way down to a dollar. Four is what we're trading at. Currently, honestly, it's looking pretty sideways.

It's just trading sideways right now, so not a lot happening here. Rsi is basically about as neutral as you can get throughout the entire day. Honestly, this is just straight barcode status, which is as neutral as it gets. This was a consolidation day, even though we blood a little bit.

This is a consolidation day which does slightly favor bulls. This is still macroscopically bullish, uh and i feel really good about where we're at right. Now the obama is trading literally on top of the 200 ema, which is uh, neutral territory, neutrality slightly favors bulls. So that's how i feel about zome going into the next trading day.

That is my update for ticker symbol z-o-m. My main message that i want to get across is patience, pays wait for the day it will come. I'm telling you right now. Zome could be the next jag x.

It could be the next bngo. It could be that huge, huge, predictable runner. So thank you for watching the video, my friends, 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 and lastly, i do have an affiliate link in the description box down below for tubebuddy.

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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 is what i have for you guys today. Thank you for watching my friends and i will see you all next time.

Peace.