well somebody wanted me to do that again they asked for it in the comments below
and I'm a man of the people so I like to give the people what they want and today
I did not trade this morning I actually had my live scanner going basically all
morning people were tuning in and seeing the scans seeing what stocks were hot
and all that fun stuff so if you haven't already make sure that subscribe button
the next time that I put the scanner up live on YouTube you'll be notified
you'll get a message when that does happen but today I came home it was
lunchtime I came home wasn't really expecting much I wasn't expecting much I
took a look and then I saw on the halted scanner that SAE X was popping up there
alt was a very similar move last week at very similar setup very almost identical
setup as alt last week so I was like wow I'm gonna look at this opportunity I'm
gonna see if I can get in on a dip here after the pool I'm gonna see if I can
get in here on the dip and I ended up getting in on the dip and you'll see the
whole trade I was actually down a thousand dollars at one point I'm not
gonna lie I was down at thousand dollars I almost hit my stop-loss I was really
really close to hitting a stop-loss there but ended up getting that move
higher and then I had the confidence in the move because I traded alt last week
so I kind of saw very similar setup I saw what happened with alt and a lot of
times the market you'll see these patterns where these stocks repeat if
one stock makes a big move at the reverse split or some type of news it'll
make a big move and then it'll kind of fizzle out and then another stock will
have a very similar move and then you'll kind of get that sympathy play where
someone like me kind of you know the same idea that mental idea of like oh
this is a very similar move so people end up trading these moves kind of very
similar and it kind of goes in waves or you'll get these pops these drops you
know get moves just like alt that kind of happened over and over until people
kind of just get over it and then you get to a new cycle but right now this
reverse split squeeze is it's happening it's hot and I'm gonna show you guys the
trade here in a second so let's do it let's go sae ex let's make some money
today boom all right so just walk in the door Sall
sae ex getting halted popping up there to the 1454 looking for this to pull
back a little bit on the reopen here and look for a quick pop up there about 15
dollars I think for us to push back up above 14 dollars getting halted on the
way back down there at that quick drop but feel pretty good about this entry
we're gonna hold it I think it'll just get more people excited and buying this
thing the bottom this candle was 1309 I got
filled right there at the bottom at 1309 so I think we're okay for now we'll hold
this for now and give a little bit of time to push back up there got about
five minutes to the market reopens here we're looking for this to push back
about $14 so we've had some pretty good reverse split plays lately this stock
here alt was recently a big mover reverse split going from $15 up there to
$35 actually we'll start with went from $5 to 15 and then from 15 up there to 35
so that's kind of why I'm playing into this move here on SAE ex is also a SAE X
is also a reverse split mover and that's what I'm looking to do here kind of
playing into that action I'd like to take a little bit of profit as a starts
pushing higher and then see how high this thing can go alright so there it is
reopening up pulling down there the $12 right now link was the balance off 12
total dollars will be my last off that this can't hold fold ours I'm gonna get
out of it there for pretty big loss so let's look for this to push back up here
back about $13 we can wear some more volume to fill in there and push higher
you can see the spread filling up there at 1260 on the bid 13 on the ask I have
to 1350 on the 1350 on the ask now let's see this can get back above $13 and hold
there beautiful looking for us to push about 14 let's take a little bit of
profit about 14 they're letting this one go here getting a little bit of time
of course I push about 14 right here let's see there it is unless I can get
filled a little fill they're not getting filled if we can get filled a little
lower so getting some fill there are 14 tan Leafers to push up there about 15
now 1450 on the house looking for this to push
above high of day high today is 1450 area so we need this to push about 1450
to get this party going again see some of the FOMO in it I see some chasers
whereas the chasers that come on baby give me some chase give me some chase
here give me that chase got about a 40 cent spread right there I got a dollar
spread a little bit of time here I think we can bounce off his $13 so I push
above 14 again beautiful I'm gonna take some fill there at the 14s I think for
us to push up there got seven her shares left above $15 giving a little bit of
time here I'm gonna get some more filled air that push above a 14 so I got 500
shares left let's see if I can't get this to squeeze let this last 500 look
at this thing just getting really tight right here we're gonna get that move to
the upside we're gonna get a quick move to the downside just look at this really
trying to push through here above that resistance there at the 1450s got a lot
of shorts who are shorting right there at the 14 60 1450 area looking for this
to crash but if they can't hold this down it's gonna squeeze them and you're
gonna get that push above 1450 here you can see again seller sitting there 1450
trying to hold it down so above 1450 we should definitely get that move up there
about 15 dollars pretty quickly how about a 60 cent spread here trying to
push higher 5 minutes sharp looking a little bit better look at the buyers
pushing this higher the pushing this higher gonna leave with that squeeze now
1380 getting sold into there I might just jump out of it right here not
liking this let's see if it's a holdest trend there I don't want to go red now I
don't want to go red after taking profit so I'm watching this 1375 area the
moment of truth again holding that support holding that trend going higher
there trying to push going over 1450 look at that beautiful let's even get
one more push above $15 here get a little bit higher let me take a little
bit of profit up there 250 see if I can get 200 shares up above 15 there we're
getting some fill there on that push and looking for a little bit more here let's
even get sixteen seventeen dollar area on this last 300 shares look at that
quickly how quickly that popped right above
about 1467 that resistance there and you can see right up there look at that
boom up there to 1536 this is looking really good right now let's see if you
can hold this $15 area I'm gonna basically just kind of be playing this
1475 I'm getting out if it pulls back down there in 1475 I'm gonna get out
beautiful here we go let's kill for $16 $16 battle they're at 16 pulling back a
little bit big buyer stepping up they're pushing this higher now I'm gonna take
another 200 there and just keep a hundred shares for a minute see if we
can get this to fill above 16 I think for pushback about 16 my order out there
at 16 see if I get filled getting a partial hit a hundred shares left
getting a partial they're just not doing it I'm gonna leave that open for sell
cancel it so I'm gonna just now watch this $15 area see if it can hold up 15
if we can't hold the teen I'm definitely getting out I think there's a push now
above $16 again got 200 shares left there beautiful here we go
1650s we guys can see this all going down right now
it's all happening real time right now real time baby up there above $17 let's
see if we can get it give it a little bit more time here basically is gonna
play this now with my stop mentally looking at the $16 area kind of want to
see the $16 area kind of hold there $15 and my stop pull back to 15 I definitely
get out there it's getting a little bit more time see we can't push above $17
here get one more big move into a halt 200 shares left he receiving a push
above $17 plane $16 area I'm gonna jump out this pulls back down in 16
there's 17 now look at that beautiful while 200 shares left now look at this
I'm up $700 on 200 shares right now beautiful let's see if we can get that
to push back about 17 here so we got that pop up there about 17 it's not
holding right now trying to pull back watching the 16 so I'm gonna jump out
right there just not like in that action looking like I want to pull back just
taking that that dip down there to the 16 area I'm just gonna lock it down and
looks like wants to push now back about 17 but I'm
gonna play it safe lock down my profit not bad here making over 2000 dollars
during lunchtime look at this not a bad way to spend lunch time not a bad way
not a bad way to to lock it down there overall just look at this trend here you
can see just this trending higher breaking once this broke above that
resistance there at the 1467 you can see once again once this broke above that
1467 you can see how we got that move the volume increasing through this move
the shorts getting squeezed now looking like I wants to pull back below 60 it's
hold and bounced off that 16 dollar area and right kind of where I sold out there
oh and an SAE X locking it down two thousand dollars during lunch on baby
whoo not bad I'm trying to I'm trying to keep my emotions as a check here so I'm
not trying to get super excited but I'm pretty I'm pretty excited I actually
wasn't even playing on trading today I was coming home and gonna work on some
other videos and then I saw SAE X popping up on that gap scanner popping
up on the halted scanner there you can see SAE X popping up what was it
955 it pops up on the halted scanner there and after that it was like let me
see what's going on he the alt move the other day was very similar to this I
remember playing alt at this kind of same price point at this fifteen dollar
area and getting that beautiful move there and you can see it now I just want
to go higher here trying to go higher it really just comes down to what the
shorts are gonna do or the shorts gonna really be stubborn here are they gonna
try to hold this down are they gonna be able to hold this down we'll see what
happens but SAE X obviously that $12 area was my last stop there the reason
that was my last stop because the bottom of this candle was $12 and I was really
just looking for this to squeeze higher we'll see but overall look at this on
the daily chart just how overextended this really is there it is back about 17
nice little push you can see kind of holding you can see this candle look at
this candle you got from $7 now up there to high update at 1730 SAE X popping up
on the hall at the scanner that Holt is scanner right there that's why I keep
telling people the halted scanner for trade ideas is one of the best really
the one of the best things about trade ideas is having that halted scanner and
being able to see when these socks get halted these volatile stocks SAE
they reverse split it's got low volume but it's making moves and it's squeezing
these shorts and going higher and look at it now it's pregnant it's probably
gonna go all the way to to the moon now it's gonna go all the way the moon but
I'm just gonna walk it down there I'm not gonna be greedy
I should be greedy though I I'm not gonna be greedy I'm gonna play it smart
right I'm gonna play it smart here and take that profit when you get it and
there it is high up day now is $17.99 and pretty much doing exactly like we
planned exactly like we talked about holding that trend on the one-minute
chart holding the trend moving higher there and getting all that there to $18
we'll see what happens it really just comes down to what happens with the
shorts if they want to get squeezed how hard do they want to get squeezed you
know how hard do those shorts want to get squeezed we'll see we'll see what
happens the volume still kind of low on this overall I think a lot people just
kind of staying away from because of the volume is so low right now but after
trading alt last week and then seeing this setup seeing very similar setup
kind of almost the same exact setup seeing that move having that confidence
in what happened last week seeing that it was a reverse but seeing you know
just putting all that stuff together and then reminding myself like hey this is
what we do this is what we do we trade these patterns over and over we make
money you can see a total of seven tickets that are making over $2,000 and
not gonna complain not gonna complain about that not a bad way to spend
lunchtime and like I said I wasn't going to trade but then I saw STX pop it up
there I was like this is too good after the alt move I gotta get in on this alt
was beautiful and I really was like I got it just I gotta get it on this I
can't let this opportunity pass me up here and looking likely you might pull
back down with that Tran here 16 should I buy the dip here should I buy the dip
maybe there was like a big massive watch it now I'm not I'm not gonna do it I'm
gonna stay away from I'm gonna take my profit I'm gonna walk my walk away