so I want to make this video talking about one of my favorite setups right
now one of the setups I feel like is very strong in the market the market has
been weird last of a month slow the small-cap market but this setup has
really been working out well this is nothing new it's not that I discovered
the setup is no secret out there but the red degree mood right now is really
working out get these big stocks that go up big one day like here for example MB
ot yesterday went up pretty big into clothes got there too for 65 it closed
at 450 so 450 was that key area to wash the day and you can see what happened so
literally hit 465 last night and then pullback pre market came down here that
378 area and then from 378 went for that red to green we might ask what's the
right degree move while the red degree move is basically the stock opens red
goes down and then starts to bounce back and then has a nice trend and ends up
going green on the end of the day and you can see here MB ot does that exact
move so pull back here to 378 area had no volume really had one big spike here
at open and then just crashed down no volume literally on this candle right
here only $5 and shares traded so then you can see the volume increasing here
through this move once it broke back up into that green area get this big spike
in volume it breaks through that high from previous day there and after hours
at 465 and then shoot all the way up here through $5 resistance had a little
trouble there at $5 per second and bounced around there $5 and then for $5
shot up here for a double top there at 538 and if you look on the daily chart
back here you'll see there's resistance back there at the 5:50 area so that was
going to be obvious resistance the whole half-dollars always going to be
resistance but this actually has insistence on the chart you can see here
it's been kind of bounced around that $5 550 area for basically all of April and
just kind of bounce in there so that's not a good sign obviously you don't want
to buy in that area gets stuck just as the stock moves across there but you can
see here a ton of volume in B ot bouncing through that 550 area finally
getting a big spike in volume there not a lot of volume compared to earlier but
still decent amount of volume this has kind of just been moving up slowly I
wouldn't say it's an amazing move but overall the red
green move here is a great move and it's a great example of the red to green move
so you kind of understand what the red to green move is I keep saying red to
green move but that's really the only way to explain this and you can see here
going through that 450 area coming in a little bit of resistance there and then
BAM up through there through that $5 a Simpson in kind of getting stuck in that
$5 bounced around $5 for a little bit getting some more volume there and now
up to 590 so big move there if you would have waited for this stock to get
through that red to green area getting through that 454 65 area and then
getting in right before the break of $5 you have a nice move up here to that 590
here even if you got out here at the break up here at the 520 or then waited
here for some confirmation of the move they came down and bounced around that
487 area and then moved back up here to the 538 so great move there on nbod I
talked about this one yesterday as he treated this one yesterday if you
remember was trading this one at the end of day yesterday had this big move here
a VOC through resistance and then moved up here to that 460 area pull back hit
that support resist area and now it's moving higher up to that 590 so really
key areas to watch you're looking at the chart you can see the resistance the
support areas where to buy where to look to sell if that support resistance can't
break or if it obviously if it goes the other way on you so very important to
play these moves is like that the red to green move is a great play if you're
looking for opportunities in the market looking for these day trade
opportunities MB OTE shown how you know it's sold off here at open came down at
378 support bounced around there for a little bit really no volume we were
looking at this this morning now the guy has no volume here not much going on and
then we got the red to green move it's like okay now it's game on I ended up
missing out on a fill it jumped up above $5 before I get so try to get still
there at $5 501 couldn't get filled it pulled back I was like okay it's pulling
back I don't know if I want to get a dip here or not and then it kind of just
really didn't do much up to 5:30 and then got stuck and I was like okay well
the resistance is there at 5:50 I'm not sure if I want to buy it here because it
might just get a second 5:50 my crashdown looking at the chart
previously you know back in April kind of got stuck in that $5 to 550 area so I
think well it might just trade sideways all day or it could just explode and
that's what happened actually went and ate some lunch real
quick came back and exploded here up to 590 so now it's up to that 590 area
looking at the daily chart I would say you know next resistance is going to be
probably right where is that right now and then next big resistance will be
that 635 area give you an idea if you're going to be looking to trade this later
on kind of watching this area that 640 area being resistant obviously $6.00 is
going to be resistance as well as a mental whole dollar area but we're
looking for that break of six dollars for a possible move to this explore tea
area so MBO tea keeping an eye on this one it's only one o'clock might have
some big moves later on today and if there is a big move I'll be ready to
play it hopefully get filled on the next attempt to get in on this like I go
always not trying to chase this and you know we sitting sitting back watching
waiting see what happens the MBO tea protecting my profits stall small
profits this morning but stay in green in the small account large account did a
little bit better but overall this red to green move here on MBO tea if you saw
this if you knew this setup if you look back at the daily chart you saw the move
yesterday you saw the hi there at 460 and you anticipated the break of that $5
area he does pretty well got that move up here to 540 and then even if you're
sitting here buying here in the dip and kind of hoping and kind of hoping that
$5 area would hold as long as outside our area would hold looking for a move
higher and that's exactly happen really exploded up there like I said not on a
ton of volume only hundred thousand shares traded there on the 5-minute can
on the too many candles so not the kind of volume that we're used to would have
expected a little bit more volume there to really break resistance strong but
you can see that it did it MB ot really down big in the last couple years or
months had a high back in you're getting up sales in 17 at $10 and kind of
bouncing around since then and you see now volume really picking up for a big
move had a big gap there when it jumped up to $10 I think it jumped up literally
and looks like one day had a big move there from 687 up to 994 there so big
move that day and it had 19 million shares traded and then you see this big
move here we're only got four million shares rated so maybe we can either
maybe we'll get a breakout tomorrow it's above 640 area might see that spike
back up in a ten-dollar area if it has the momentum has the power maybe get
some news tomorrow morning you never know what these things these biotechs
could just fly out of nowhere but hopefully now you guys get an idea of
the red to green move keep an eye on the red to green moves these stocks that go
up big the day before then sell-off it open
kind of keep an eye on that previous high from the day before if it gets up
there it might explode in B ot a prime example of that happening and looking to
get in there on the red to green move here on MB ot