so you want to know how I found H IBD this morning where did I find it I
wouldn't I notice sorta what was the whole game plan I'm gonna break it down
in this video and talk about how I found it why I sorted it in what was the plan
so I'll break it down in this video so stay tuned so the first thing I need you
to do is like this video comment on this video subscribe the channel help me help
you I'm making this video for free so you can learn more about day trading why
would you not want to follow the channel do it right now go go go okay so I
promise no more ads now we're going to talk about why HIV be worked out I'm
going to break it down this whole entire move here for you guys to understand how
it all worked out so the first thing we need to look at is the proof how did I
know HIV B was going to drop and did I really know it well I had a little bit
of a plan here I've already showed you guys this but I want to show it again
for people who haven't seen the other videos you can see here I talked about H
IBB at 8:43 this morning I found it no and I'll show you how I found it but
I'll show you here I talked about shorting it there at 1650 I ended up
going short at 1665 but I was saying if you're really looking for a safe bet
here to go short there at 1650 break and it worked out amazingly because you can
see now it's down there to 13 35 it's down three dollars and 15 cents since I
alerted it and this is crazy this is a wild move here on HIV B you get the idea
I'm gonna break it all down so just just keep watching we'll go through this so
there's the alert you guys see it's real it's not fake I didn't make this video
after the fact and tell you how I found it in volleyball so you want to know how
I found it well hold on one second one second here so look at HIV B look at the
daily chart this thing has been crashing beginning of the year it was at like 46
dollars now it's down there to 13 dollars so obviously this company is
total crap it's a retail sporting store I saw a couple of these in Texas
actually when I was there and it's not good it's a subpar Dick's Sporting Goods
but I also don't really like company came out this morning with even more bad
news saying that they were going to cut revenue projections because they were
worried they're gonna have it even worse quarter than they thought it's down 30%
on the day but wasn't able to short it because obviously you can't short in the
past but I showed it here so looking here at HIV beyond the 5 minute chart
you can see this morning it basically opened up at 1660 it held that 1650 area
for a while had a couple tops there had a top
they're at 1675 you can see it on the 1-minute chart here if you look at 1675
there double-top 1675 double top could not go higher a lot of seller stacking
up there so I ended up a lot of seller and stacking out there so I ended up
going short there it dropped the 1650 right away and then BAM big drop here
drop down there to 1565 so beautiful short there it got down there to the
1555 area now say okay this this might want to balance here kind of hold some
support we're going to you know kind of move sideways I'm just going to kind of
jump spec I'm going to go ahead and cover I covered there for a dollar a
share had 500 shares short I should have loaded the boat up I does not load the
boat up hindsight is always 2020 because the idea here we went short there on
this double top I talked about this all the time shorting double tops finding
stocks of bad news finding stocks that are just crap companies obviously this
is a bad bad news here company is a retail store that sells Sporting Goods
so if you're half smart you can understand that this is not a good look
here for this company and look at the daily chart here on the one-minute this
has been moving lower and lower it's down there to thirteen thirty five right
now so it's not looking hot you can see the big sell-off there and open it
dropped down from that 1665 entry all the way down here to thirteen seventy I
missed out on that huge movie or it's down $3 since I learned it and it's
painful to watch if I'm up a dollar pre market before the market even opened
I made 500 ollars I can't complain about that I took profit but I would be a
$1,500 right now if out is held for a little bit longer well couple more hours
if I held but either way it is what it is I'm going to show you guys where I
found this at I've talked about this in other videos before some secret I use
this website right here the stock market watch calm it's very simple you're gonna
go this website you're going to click pre market in the morning you're going
to see what stocks are moving around see what stocks are going up see what socks
are going down and there you see a chai BB this morning it was down 50% I'll say
okay you can take a look at it take a look at it I looked at the other set
some other stuff looked at stock tweets if you look at the H I
BB stock twits there's like no news no one's talking about it other than bad
news and people just just know there's no light there nobody cares about this
company so I was like okay this is a clear short there's bad news there's no
hype there's nothing good going on right now but you get the idea it's very
simple guys this is not rocket science this is a retail store the retail chain
you know how retail is doing it now retail is not doing good so this is
obvious short here and you can see Hib be dropping down there
from 1675 down to 1330 lo of day now it's a bad bad bastards company it
sounds started 1% on the day it's about a 15 20 percent move here if you got in
at the time that I alerted I learned it on stocks when I learned it in the
chatroom I learned it on Facebook it's been crashing all day since I learned it
and it's been multiple opportunities to short it once again basically just
shorting every double top here you get a shorter there 13 90 39 8 orders there
get it sorted up here a double top of the 1475 area beautiful Shore has a
double top here at 1515 so a lot of opportunities I didn't have time I had
things that I do today so I left I probably shoulda short of this once
again later on the day but overall still made 5-hour dollars there on H IBB and
it worked out perfectly just like plans kind of doll or move there ended up
dropping three dollars so get the idea we're looking for companies have bad
news well your companies have double tops looking for companies that just
there's nothing really going on there's no height nobody's talking about they're
not hyping up they're not pumping it there's not people that are on stocks
what's going o this talks to $100 it's not going up there's no there's no hype
there's nothing wrong with company other than bad news so that was an obvious
short like I said I love shorting these kind of opportunities I love the short
companies that have bad news and have a lot of selling pressure you get those
double tops obvious entry because a double top there go in right near that
double top resistance boom drops down Hib be crashing down huge today I called
it this morning at 8:30 yet I told you guys to keep an eye on this one
I hope that's somebody out there short of this one at a 1650 area and it's
still holding it may be covered there at the 13:30 if you did leave a comment let
me know about it cuz congrats to you for getting that move I wasn't brave enough
to hold it for the whole time I got that full dollar move and after that I was
like okay boom space fire ours before the market even opened I'm happy with
that taking profit taking small losses and just keeping my account going higher
and higher and higher and higher and learning and learning every day you know
for me it's really just about becoming a better day trader I did this actually
recently with Kroger had the same set up the same opportunity and now you know
it's the second time this has happened where I cover too early and it drop and
drop so I think in the future I'm going to shorter coming like this I'm going to
go into the larger size the pre-market I'm going to hold it for the first drop
on the cover half and then hold the rest the rest a day and really let it bleed
out because these see here HIV be believing out there for
a $3 drop since I learned it this morning hopefully you guys got in on
this I really hope that somebody out there is going to comment says they saw
the alert on Twitter or whatever it was let me know if you got in short on this
I want to see whatever you else is doing and see how other people are making
money if you made more money than me on this short I bet you did if you shorted
it where I told you to so I will talk to you guys later on today hopefully this
video helps you hopefully this helps those people who asked for the video cuz
people asked in the comments they wanted to learn more about why I shorted it so
there is the answer there it is for you guys I answered it and now you know