Harmonic Pattern Podcast #520 with Scott Carney - Summer Set Harmonic Patterns

Added: 2026-05-27

[00:00:00]Heat. Heat.

[00:00:20]Hey, hey, hey.

[00:00:53]Heat. Heat.

[00:01:03]Heat. Heat.

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[00:02:01]Heat. Heat.

[00:02:27]Heat.

[00:02:36]Hey. Hey. Hey.

[00:02:56]All right, folks. Let's settle in for another live harmonic trading session.

[00:03:01]Uh, come on in. A little late start today, but it's all right. We're going to stay with our 12:30 time, but I'll update you on X if that's got to change going forward.

[00:03:14]Let me boost some levels. There you go.

[00:03:16]What's going on everybody? Uh, happy Tuesday and a lot to talk about. Uh, amazing market. NASDAQ NQ hit 30K this morning. Uh I don't think we're surprised and I I think uh it just is further evidence of everything we have been talking about for you know probably two years, three years. I mean we've been talking about this monster generational move and here it is right in front of you. Uh what's going on chat? Everyone get over to harmonrader.com.

[00:03:53]Um, I get with the Trading View for harmonic pattern collection. Send your Trading View username to hpcsr-analyst.com.

[00:04:04]Uh, I might even I don't know. I might be I might phase that out.

[00:04:09]I I I don't know what I'm going to do here. So, take advantage of it now. Get with our uh current. We got a 20% off right now.

[00:04:20]So, again, guys, just get the software.

[00:04:22]That's really all we do here. And then the rest of it is just jumping in on harmonic patterns. Uh currently, like I said, NASDAQ's up 415 at 29,975.

[00:04:37]Uh we were 30,120 this morning.

[00:04:43]It's some heady stuff.

[00:04:46]And led by semiconductors.

[00:04:50]What else? Right. I mean again tech leading the way you know on basically the whole market and semiconductors leading the way in terms of tech and again uh hitting some big numbers as well here where we are already 3618 and that's like 12400.

[00:05:20]So, this is just, you know, I mean, you're you're extreme harmonic expansion and then you're probably asking yourself, well, what do you do from here?

[00:05:32]We'll get into it. I I say you stay with the winner. Look, just because we hit the level again, that's framework, but what do we need with framework?

[00:05:42]Always is confirmation. What's going on, chat? Let me check how we're doing here level-wise.

[00:05:48]Let me crank this up just a little bit more. I think that's a little bit better. How are you guys doing today, ladies? Gentlemen, what's going on, chat?

[00:05:57]Come on in. Uh, I'll go at least an hour and then Thursday, Thursday. Thursday, we'll get into it.

[00:06:06]Great cereal. What's up, Lock Dog? Let us go. Yeah. What's going on, JB? David, how are you as always? Anthony, what do you guys want to look at today?

[00:06:18]Uh, hey Madame Wartz tan look I mean solar guys nphase there's there's there's these major themes right and crypto is not even in the top 10 of those themes but semiconductors aerospace power generation okay energy and we'll look at some names you know tan And who put that up?

[00:06:50]Uh, thank you. Thanks, David. Uh, where's Tan now? Yo, look at Tan up at 70, guys.

[00:07:01]Invest. We This is gone. And the other thing about this is when we're doing harmonic patterns, you look left. That's going to define your range. And then patterns looking left give us clear targets. I mean, alternate bat at 128, you're currently 70. We were targeting this 6390 for a long time. We can now start to really go bigger.

[00:07:31]6390 was always the first stop for the TAN Solar ETF. I'm thinking this thing goes much higher. target two 8761 I it's not a crazy thought and then to do the full return.

[00:07:48]Okay, alternate bat at 128. These are definitive possibilities without a doubt.

[00:07:57]These are massive possibilities looking left. And again, something I discussed earlier with my gold crew, um, which is our premium members on harmonic trader, uh, that we are breaking new cycles.

[00:08:15]I talked about some of those specific cycles, but I I'll share with you this is one of them. And then you know what about Nphase, right? What's Nphase? Nphase just another 373 today. We've been talking about that since this bat pattern down here 3035ish. Look at that.

[00:08:37]There's a whole bunch. Solar Edge, these go higher, guys. These are all names we have continued to to really pound the table on.

[00:08:47]And uh not only that, but you know, the things that I've mentioned over here.

[00:08:53]So, if you follow me on X, okay, Trader is where to follow. And you know, I don't look, I'm not giving away everything.

[00:09:05]Uh, I give away everything on the Discord for the gold members, but there's enough here on X to keep you going. MX, Magna Chip, Semiconductor, big move, right? That just keeps on going. Keel uh Boeing is a new one I put out. Look at Amber even. You know, AMBA.

[00:09:28]Amber we look at where we posted, right?

[00:09:31]It was 58 printed on the chart. AMA hit 95 today.

[00:09:37]Shout out to whoever said this that Mr. Source source code. I'll follow you back. Let's go. I'll follow you back. That's a great call there. But pattern-wise down here, couple of patterns. Looking left, what are the possibilities? 73 and 91.

[00:09:58]This is all stuff we've talked about.

[00:10:00]I've posted weeks, if not months ago. There's ambit target two. 9135 that hit 96 today.

[00:10:11]So, let's go. I mean, this is it. Make right make while the sun shines cuz that's where you are. MX semiconductor magnet chip semiconductor.

[00:10:25]We had a a a few things here. You know, you had some daily patterns way back in December, but we were more like the weekly time frame. It was perfect. Guys, this is why, ladies and gentlemen, this is why you get the software to find opportunities like this hop level 276 perfect arrow dot confirmation and then something I've continued to talk about is just break out of the downtrend and then get going. And there you go.

[00:11:02]These are how we isolate, okay? locate focus in on big winners like this. Uh the other two just kind of update Keel.

[00:11:18]This is a this is a former Bitcoin miner now going to be a uh data center.

[00:11:27]All right. And we've been on this one.

[00:11:29]Really nice. I mean again the other thing that just looking at patterns lots of green patterns looking left.

[00:11:38]Okay, you might have missed it and uh I just you know kind of like to pound on this point as well. um that look really easy to see something get on the radar and it just absolutely explodes. But then when you get the retrace, those are your best setups. Secondary retracement at a higher low higher level than the prior initial low. That's a great formula. It's it's also harmonic pattern kind of concepts here.

[00:12:18]You go extension pattern to retracement pattern. So yeah, first explosive move.

[00:12:24]Amazing.

[00:12:26]Come all the way back. That's a clearer opportunity always for me.

[00:12:31]All right. That just take that to heart.

[00:12:34]That also is, you know, goes a long way to kind of giving you giving you the assurance that with current situations that are popping off, we're going to get another opportunity.

[00:12:50]So, Keel and Hive, those were the two, as I've said, low floaters.

[00:12:57]Uh, I guess like two months ago, four or five weeks ago.

[00:13:03]um these larger patterns, okay, had what they needed to make runs to at least target one. I'm thinking, you know, we could probably get to target two on Hive pretty easily. I don't have anything that would register today. We hit the target, but that's a first step.

[00:13:24]So, just be aware of that. I mean, there's a lot of interesting kind of things developing here where plenty of time and there's other ones that we can locate that are, you know, in development certainly.

[00:13:42]What else?

[00:13:44]Yeah, those are all good. What do you guys want to look at today? I mean, TAN's great. I I look that solar trade I think that's a screamer and it's a it's not going to move as aggressively. It'll take time but it's not going to retrace.

[00:14:00]It's not going to give up its gains. You know once we start to make progress like you're seeing that just continues.

[00:14:08]Yeah. Uh yeah, aerospace is the other sector. Again, you want to hyperfocus names in semiconductors, names in aerospace.

[00:14:21]You know, I think this is one we talked about last time. Uh B AER, Bridger, Bridger, Bridger, Brigger, Aerospace uh patterns. Yeah. looking left on daily and then weekly. I maybe this is the issue. We need one more green week. We get a green week, we're going to get a secondary dot. And this fits into the argument that I was just saying where, hey, the first move from the low to there, you might not pick off, but a secondary low that's shaping up here, we have the checkback. We have one green bar last week. This week we print a green bar. Yeah. Then you're probably ready to go.

[00:15:13]Probably ready to go on that one. Uh so maybe next week. There's a few of these I've I've mentioned before. Some of the big names like as guys, this is this is real stuff.

[00:15:26]Uh and and I want everyone to kind of understand that this isn't uh as much as everybody wants to say the market is overbought. It's the most overvalued market in history. It's uh you know it's bigger than the dot whatever. Yeah, it definitely I mean on every traditional metric, sure, but does that mean it's going to stop tomorrow and everything is going to just roll over and die? I I I I'd argue that, you know, welcome that kind of price discovery, mania discovery, and think of like the dot thing was internet was websites, all right, telecommunications 1.0, brick phones, dialup internet, and now what are we talking? We're talking autonomous vehicles all over the place. That's one. That's one.com.

[00:16:30]Okay. Space satellite technology. That's beyond belief where you literally cover the planet in satellite internet highspeed coverage. A lot of people don't realize that large portion of the planet, I think it's still like 30 35% of the planet does not have internet.

[00:16:54]All right? And not to mention UAVs and all of that means most of this driven by defense spending.

[00:17:03]And then you've got power generation, solar, you got nuclear.

[00:17:10]So, let me update you. This worst trade I've done all year. Oaklo, I sold half.

[00:17:16]I got shook out. That's all. Um, and it was really stupid, but I'm still long half the position. It's a beautiful bat pattern. And believe me, I don't know. I I jump I waited on this and I jumped into it thinking we were breaking out here or here and then got shook out. I was like, "All right, something's wrong here. I sold half. That was totally stupid." All right, cuz I what I should be do should be doing is I should be adding more into this because it's in a such a perfect spot daily pattern confirmation.

[00:17:54]Okay, weekly breakout in development. So, I I like this one. I like nanuclear.

[00:18:04]All right, nanuclear still that's probably actually further along than Oakllo, but look at that chart and look at the patterns looking left here. All right, that's important. We've seen this time and time again. This is a lot like where semiconductors were a year ago.

[00:18:26]Big stuff.

[00:18:28]Uh aerospace names. I mean, I'm I'm really working on a list. There's a lot of low floaters. Um, but I do like I posted Boeing and I think once Boeing gives us the next dot, I you know, boring name, but not when it's about to go basically ballistic.

[00:18:52]Uh, I I think this is completely mispriced.

[00:18:56]172 billion with what's being spent.

[00:19:01]Come back. Can we retest 204? Cuz that would be the last time. And then you're looking at essentially this kind of a thing, folks. You're looking for massive recovery, if not Boeing to go new super cycle.

[00:19:18]And that's that's why I don't get it. I I think people that are blindly throwing up charts and say, "Oh, we're overbought. We're we are a lot of them are crypto bros that are just sour.

[00:19:31]They're still focused on crypto while the entire stock market space continues to blow up.

[00:19:42]It's ridiculous.

[00:19:44]So, focus on those names. There's plenty of time. And guess what? If we got a 20% correction in the NASDAQ, uh, consider yourself lucky because what's going on here is it's not even about this year or next year. What you're talking about is the expansion and mega cycle price discovery that just sends this higher.

[00:20:10]Uh the QQQ here, I didn't even get into the big indices. Again, we're looking for 3618 expansions. That's been my kind of super cycle target off the 2022 retracement. And that's a minimum level.

[00:20:26]We're and we're almost there. I mean, QQQ 3618 at 395.

[00:20:33]Why not happen by the end of the year? I I I was thinking that this would be like a 2028 target. No, I I I think this could happen by December.

[00:20:46]We'll see how crazy we get this summer.

[00:20:50]Um, yeah, couple more. What's up, Danny?

[00:20:55]Appreciate that. Yeah, look, we've had great picks. It's a hot market and I've said this uh where the patterns, they look phenomenal because the market's moving. And I said this actually months ago that we entered into this low floater environment where there's those other low floaters.

[00:21:14]Yeah. Now they can run. Meanwhile, things like we talked about Micron. Are you kidding me? Like people don't even know what to do with this. But we talked about Micron on the 4hour chart just last week. HSI guys oversold right there. We were in on this at like 690.

[00:21:36]We were arrowd diamond dot kind of a thing. I think it was on an extended hours.

[00:21:43]Uh we had something here.

[00:21:47]I I knew we had something on Micron.

[00:21:50]We were talking like 690.

[00:21:53]Maybe it was a 4hour chart. Yeah. Well, it was this continuation. It was arrow dot diamond dot.

[00:22:02]Okay. Massive continuation setup. And that was down here where 690 or so. The HSI check back was like 685.

[00:22:14]Um, and I'm going to say this is the formula for the bigger ones. And I'll show you one that uh I really like right now.

[00:22:23]It's a name you guys all know and that's Google. Okay, we don't have to overthink it.

[00:22:30]Don't overthink it. Google here. Hourly chart arrow dot check back and oh look big bat pattern. Software is spitting it out. It's a type two to me. What's that say? All right. Software algorithms are saying this retracement is over. this whole cycle of making the run to 400 and then pull back at, you know, this kind of longer 886.

[00:22:58]Uh, what makes it special is you have confirmation.

[00:23:04]So again, I don't 4.6 trillion not a biggie. I I just think that that this is Google, Nvidia, Apple, all of these are ready to take out five plus trillion market caps on their way to 10 trillion market caps.

[00:23:23]It's just it's happening. Okay, get used to it. I know that sound like crazy numbers, but that's how much money they put into the system five years ago, six years ago with the COVID thing. This is something I've said for a long time, too. That that money would take a few years to really get in on top of the other aggressive spending and everything that's transpired, folks. Doesn't matter. Look, the longer they push the debt out, the more that they overspend, that translates into higher market capitalizations across the board.

[00:24:02]So, pick your sector. Pick the right one.

[00:24:06]It's not crypto. It's not brokerages.

[00:24:11]Okay. A lot of people have asked me about Robin Hood. And Robin Hood's not making anything.

[00:24:18]Robin Hood was a great winner last year.

[00:24:21]I told you guys about that.

[00:24:24]And I got out of a chunk of that back in um like a 100 110. We had some things up here. Um, I'm still looking for this retest at like 65, but this is not the right spot to be in for what's working.

[00:24:42]This is maybe trying to break out now, but way early. And there's a bunch of those areas that aren't just simply they're not working. They're not going to work. I mean, Coinbase is of the world. All right. Unless Coinbase gets out of the brokerage business and starts running into AI data centers.

[00:25:04]And we've got three patterns here.

[00:25:07]Normally, four patterns.

[00:25:09]Normally, I'd say, "Yeah, let's go. Look at that." But you can't get above these arrow diamond I mean, arrow diamond dot bearish. Send that back down. I mean, again, in the short term, Coinbase immediately to 177.

[00:25:28]get back retest this consolidation area 160 165 I'm not a fan I I I've told you guys my personal experiences losing a subst lose I didn't lose it getting locked out of a of a substantial sixf figureure crypto account and all Coinbase all they could serve me up was a 10day wait 10 days couldn't get anybody in the phone.

[00:25:58]I was locked out for 10 days.

[00:26:02]Didn't tell my wife like, "Hey honey, uh there's a few hundred thousand on Coinbase that we're locked out of right now. Don't know if I can get get it back. I don't know if I'm going to get it back."

[00:26:16]That's Coinbase. That was my personal experience with Coinbase.

[00:26:21]And then as soon as I did, I moved the Bitcoin that I had, I went to the ETF.

[00:26:27]And I won't even say the brokerages because um I've been getting I'm getting all these hack attempts. So anybody that's listening like a hacker, f off.

[00:26:38]Like really like [ __ ] off. I'm serious.

[00:26:41]I'm really I'm fed up with with every little text and email. Hey, just get this and click here. We need your confirmation. I They're all scams.

[00:26:52]Okay. And Coinbase, I'm not saying Coinbase is a scam. Don't need another defamation lawsuit, but I will say I had a terrible experience.

[00:27:02]Couple other things that I'm looking at, guys. Like GE here, GE Aerospace.

[00:27:08]This is one of the greatest turnaround stories. Whoever, you know, came up with the gen genius idea to split this up, brilliant. And here you go. Another continuation level 286 confirmed.

[00:27:25]That's an easy one. I mean, that's one where look, get get a 100 shares, get 200 shares, get 20 shares and just sit it and park it and watch that thing go from a $325 billion market cap, 500, $600 billion market cap as they build out this industry.

[00:27:49]All right, that's how you have to be thinking. Forget all these charts. I told you guys this was the 90s.

[00:27:56]I said that my thesis was this was 1990s all over again.

[00:28:03]This was 1996 and we have 97 98 maybe 99 maybe 2000.

[00:28:11]That was it was four years before that thing puked. And in the meantime in those last two three years it did unthinkable things.

[00:28:22]That's how you should consider it. Um, and I will say the other so the other sector quantum god knows not crypto quantum.

[00:28:34]All right. And there's a slew of names the quantum space that if you're not there, if you don't know anything about quantum, do yourself a favor, okay? Do a little research.

[00:28:48]Uh, I'm going to give you the companies though. IO NQ.

[00:28:53]It's already This thing's already on its way back. Big breakout last week. Look, patterns looking left, say 7750, maybe as high as 93 to retest the crab pattern, but there are bigger things going on here.

[00:29:13]So, if that's a cycle breakout and you're going to go massive price discovery, be ready for it. That's possible. Uh, LES, I told you guys this is probably a good new low floater seals Q. All right, they're quantum security.

[00:29:35]What do we have software-wise? Well, we have weekly oversold levels. This is not going to happen in a day or a week or a month, but looking for swing positions with larger potential.

[00:29:51]You also have a daily bullish bat pattern. Where have we seen that before in a lot of low floaters that work out that get to target one or get to target two? That's really helping the situation.

[00:30:07]We have a bat pattern. We have weekly oversold levels.

[00:30:13]All right. And so to me, 463 to 619 target one target two zone. Um I will I added to this last week. Okay. And I might add a little bit more.

[00:30:28]Think of this as like hive or keel when it was at 350 360.

[00:30:35]Lot going on there.

[00:30:39]The other one is cubits, which is QBTS, D-Wave, quantum.

[00:30:46]And what do we see with these?

[00:30:49]Uh, you know, these really got on our radar last summer. It was like a year ago. We were saying, "What is this quantum thing?" I was saying that, go back to the live streams. I say, "Well, we've got whole bunch of stuff like this." We were looking at D-Wave down here at seven and then lined up a bunch of other things back in August down there at 15. It exploded. Here's the retrace. And again, a situation where oh man, I missed it, right?

[00:31:20]Like ah I you know I never find these. I I always miss these. Well, no, not really. We've got a whole another series of oversold after the retracement.

[00:31:33]Here's your breakout. Another oversold down here.

[00:31:37]It's down 180 today. Great. Let's I hope it comes in lower because these target twos up here or off of the shark. Target one 34. Big target two 43.

[00:31:50]These are easy recovery moves.

[00:31:56]All right. Those are, you know, those are the handful of quantum plays. Uh, I'd say IBM and Google are the big names that are in that quantum play. I I really like IBM in the same way that I'm looking at Google or Amazon.

[00:32:14]IBM has a big pattern down here almost. Well, XA was 211. Scrape that.

[00:32:22]Currently 248. Um, if you're you missed it, let's jump on the next oversold point down here. Uh, 4our chart really doing the job.

[00:32:34]4hour chart really giving great signals.

[00:32:38]I would even say this has broken the downtrend for the year.

[00:32:42]First time.

[00:32:44]So, looking left, where where are we where are we going to get the real acceleration, guys? It's break the downtrend. have that back test and then do it from here. You go from there where you're looking for IBM not just to go back and retrace. I mean to continue the long-term cycle to continue its all-time growth pattern.

[00:33:14]All right? Because these are entities that are just going to continue to go and grow go back.

[00:33:22]Okay? I mean, IBM here, I mean, IBM's been around forever, and that was like the big tech that everyone would talk about. Now, you're looking for just this general long-term uptrend to continue.

[00:33:42]All right. But I'd even argue that where we are now, and if this quantum plays out, we're more on the accelerated path forward.

[00:33:52]It's like this. So I I and that's how I feel about a lot of tech where we're in this new environment.

[00:34:02]This new I I hate to say it. It's a new paradigm.

[00:34:07]Okay? We're in a new paradigm, folks, where people have mispriced this stuff. All right? I think they've they've basically assumed a lot of things are the same as before that it's you know that this is 2026 is the same as like 2023. It's not in the same way that 1996 was different from 19 from 1993.

[00:34:39]Look, let me let's just really quick one of the things we do with this live stream here, okay? Teach harmonic patterns, but also get that relative experience. You know, I I I've been doing this since the 90s. Really, I' I've been I've been involved with the market since ' 87. And I told you guys I my first taste was on the floor of this Philadelphia semiconductor, this the socks exchange, Philadelphia stock exchange, uh as a on the floor in the pit as a CRT operator literally manually changing the prices on options. A lot of semiconductor tech companies.

[00:35:25]All right, I mean look at this chart.

[00:35:26]This is insane. and then um you know went on to basically in the 90s where started trading some stocks mildly at home before the internet really took shape and then the internet took shape.

[00:35:43]uh like 95 96 is where it's like all right I'm gonna get serious about this had a little success uh but it's like this okay that's 1996 that right there is the summer of 1996 guys and people were starting to write this off by 97 or 98 are we going to do something like this on a percentage basis we have to see go I Literally that was a 5x from 96, summer of 96 until the fall of I guess it was really March that was the peak March 2000.

[00:36:27]So this thing can go a lot longer. All right, and market can go higher longer than you can stay liquid.

[00:36:35]And that's how we should be thinking about the current situation. Maybe we've gone maybe we're ahead of the game by a year.

[00:36:44]Maybe we have until 2028 for somewhat obvious reasons. Maybe the game just stays super liquid. Economy stays hot for a couple more years because the policies are super light, no regulation, spending money like it's no tomorrow, and um you know, just flush with cash.

[00:37:07]That's fine. But I I will say this, okay? And I've been saying it for a while. Yeah, this is all overbought, but it is not overextended.

[00:37:17]Big difference.

[00:37:19]And we can get we can go through, let's say we have some expansion and then we get a hard retracement like we did back here in 2025.

[00:37:31]I mean, look, that was 2025. People were jumping out of the windows there. That was probably the greatest buy, if not the second greatest buy of the decade. I I still say 2022, we were all over this, saying that 2022 was going to be the low of the decade and we were looking for a massive expansion. And this is what's unfolding, but you still have to be in the right areas. I'm I'm thinking that this kind of monthly chart, these bars, uh, this has got just extreme harmonic expansion all over it. Like measure it.

[00:38:10]What is it? Where's the 2618?

[00:38:14]2618 for NASDAQ 100 index is like 317 off of that last cycle, off that last retrace. That's one level.

[00:38:26]2618. Build out the zone. What's the 314?

[00:38:30]314.

[00:38:33]Maybe that's a a bump higher. 335 336. We're basically going to just say this is extreme harmonic expansion.

[00:38:47]It has everything you want to see in an extreme harmonic expansion move. Massive bullish engulfing, massive followthrough.

[00:38:56]I I don't think people are truly assessing what's happened in the last 60 days um as strength. They just, you know, so many people are saying, "Oh, this is overextended.

[00:39:10]You know, this is overbought.

[00:39:13]Uh it's got to pull back. It's got to do." No, that's massive strength. There's there are massive buyers going on here that and big money that says, "Look, I we're I don't care about 30K. I'm thinking 33 or 35K uh in the very short term with with all those other stocks Micron and SanDisk of the world uh continuing that's where the money's flowing guys and then the next set of things like like I said the quantum plays here's cubit quantum computing qubt this is another one where it hasn't done the move yet But let's get our eyeballs on that monthly oversold on QBIT. Qubt. I love that.

[00:40:06]This is one of those where Yeah. Okay.

[00:40:09]Down here 2023 we were at 50 and then it went to 25. That's insane.

[00:40:18]And it came all the way back. That was like got back to $4. I don't know about you, but I'd probably be out of that before it got to $4. But there's your next chance monthly oversold at a higher level than the prior reading. I I can get into that. That's how you should be looking at these.

[00:40:40]And if we really get into that development stage, remember this had patterns looking left, massive shark pattern on Qubt.

[00:40:50]It's going to take time.

[00:40:53]But I'm telling you guys, these are the ones to check out.

[00:40:57]All right, a couple other ones.

[00:41:00]Yeah, those are all sleepers.

[00:41:02]Uh, Blackberry BB. That's insane. I You know what this Okay, so last week I told you guys about Hulu Packard HPQ.

[00:41:15]maybe two weeks ago. Mostly because of the daily, the weekly pattern pattern pattern, monthly, massive gartly. This is where again, the only way you're going to find these opportunities is with the software, with harmonic patterns. I mean, sure, it's always good to manually learn what's the difference between a gartley and a bat and a crab and a butterfly. Uh, but the software is going to serve it up for you. Okay. So, right there, right there, we talked about why that was so critical. And I I think the only thing that most people are missing is going through that first round of experience.

[00:42:07]Um and and I hear it all the time.

[00:42:10]People get the software, they get to the website, they learn the framework, and then they are much better three months after the fact, and then they get six months, nine months, a year under their belt. then they know and they're not surprised by how things unfold.

[00:42:29]So HPQ, that's a huge one. We're looking for that minimum target one at 2669, but I think there's larger things developing from here because it's such a monthly uh turnaround story. Again, this stuff matters and it doesn't seem like much, but look, these oversold readings there and there continue at higher levels down here. We've done the inflection turnaround. Let's go.

[00:43:05]Big stuff. Uh Blackberry. These are some old tech names that seem to be finding a massive new set of buyers.

[00:43:16]Blackberry is this crazy shark pattern on the monthly.

[00:43:21]Yes, it is. It's real. The monthly confirmation came in at 438. Now, we got to break it down to a daily uh like this.

[00:43:35]I mean, that's I'm not saying chase that, but that's on the radar. like Blackberry is now majorly in play for me, taking out all of this resistance.

[00:43:49]I, you know, again, I I'm not long at all. I wish I was, but there's plenty of time like a lot of those other ones I showed you. Let's let this thing have its day and then get it on the radar, you know. Here we go. Add it BB there. add it to the list and let's follow it. The other one is Nokia, guys, which is amazing.

[00:44:19]It did Nokia did nothing. What was down here? Oh, look at this. Was there anything in Nokia that would have suggested we should be looking at this?

[00:44:32]Uh, yeah.

[00:44:35]Big pattern, big confirmation down here, but it did nothing. Okay, it did nothing.

[00:44:45]How long is that? 15 years. And now it decides to go off. That's okay still.

[00:44:51]Get it on the radar. Let's add it. Let's add it. And okay.

[00:44:58]Yep. We are now officially watching you.

[00:45:01]Why? Because if these patterns are really gonna work out, target ones, that's pure framework 29.

[00:45:11]And same with with uh Blackberry.

[00:45:14]All right. These are not just like little plays.

[00:45:18]These are things where the the targets are real.

[00:45:23]Couple other ones. Uh DDD 3D systems.

[00:45:28]This is another one. again. We talked about that last week. Has done nothing for years. Looks like that's waking up.

[00:45:37]DDD and the daily. Look at the patterns here.

[00:45:42]All right.

[00:45:44]Shark. Shark. Couple sharks. All of that. I mean, you don't have to be Look, I'm not long DDD yet. I'm looking at it because I think we'll clear out all of this up here.

[00:45:57]234, 232, 227.

[00:46:01]You get it? Like 18. A lot of these XA levels just scraped out the support.

[00:46:09]Okay, now it's going to come back. Give me a 4 hour. Give me something like something like this. Have it pull back and go again.

[00:46:19]But I like that. Uh, and that is on the list.

[00:46:24]What's up, Nico?

[00:46:26]Sure. Nico wants to look at uh uh what was that? BN, right? What did Ballard? Weren't we looking at Ballard Power, too? Uh Brookfield.

[00:46:42]Brookfield Corp. What do we have here? I haven't seen this in a while.

[00:46:48]Love the trend, my man. I I I I really Look, I I I can get into anything that looks like this. It's just a matter of exactly where why this fits into the whole strategy. Are we in an uptrend or a downtrend? What are the last couple of years doing? Well, that's clearly up. So then you know you're not going to get hurt riding this kind of a trend. Well, look, 38 bucks. That was the last weekly confirmation. What's the daily look like?

[00:47:22]Some highle stuff.

[00:47:25]Not bad. Not not bad. Um I I can get down on that.

[00:47:32]Uh I would love to see a pattern here.

[00:47:35]And clearly, yeah, when you break above 49, it's gone.

[00:47:41]Couple others.

[00:47:43]Uh that's cool. Nico, what's up? For wants to look at plug power. I think this one we looked at last session. And um again, this is another one where it's just it's coming back to life. Some of these it reminds me of maybe not as good, but I mean, come on.

[00:48:04]Bloom Energy was a concept stock for so long and then the concept became real.

[00:48:11]And that's kind of like these other alternatives. Fuels FC cell plug. Uh, Ballard Power was the other one we looked at.

[00:48:23]Uh, what was that? BDLP. I forget who brought that up. No, BLDP.

[00:48:30]BLDP.

[00:48:32]Ballard Power. Yeah, look at that. Up another six 60 cents. Another 11%.

[00:48:39]So many things that I like about that stock.

[00:48:43]I really like that one. I like this and Nphase and TAN. I mean, we could go all day with this.

[00:48:52]It's a $1.86 billion corporation that probably wants to go make a run at eight or 10 bucks.

[00:49:01]Anything on the daily that was down there preceding it?

[00:49:06]Well, March.

[00:49:10]Back in March. Another one. This is, you know, absolutely. I I I kind of um was all over this and, you know, when I saw this, I was like, "Oh, I I remember this one." And now it's coming. It's real. Uh let it do its thing, have its day. We'll get a pullback maybe on a 4 hour. Uh let's put this on the put that on the list, too.

[00:49:37]Get them on the list. That's kind of the first step in stalking opportunities, right? Just cuz something's popping off doesn't mean we're going to jump right on it.

[00:49:49]We'll get our opportunity. Wait for it.

[00:49:52]You know, even here, that's exactly what I'm talking about. Just back 10 days ago, we had a 4hour arrow dot continuation.

[00:50:03]Send it. This stuff takes time. All right. It's it again these trends remember we're dealing with trends that take time in development. They got to go up to go down to go down to go up and if they're really in like this new cycle which I I think generally the market right now is entering kind of this massive super cycle. We are we're in a new massive super cycle that is different than two or three years ago because it's it's happening now.

[00:50:37]that you have to look at higher targets, expect craziness to continue.

[00:50:43]All right? Until we get some individual, you know, get a couple of bearish weeks.

[00:50:50]You know, we're not going to have this immediate turn on a dime and the market's done. If anything, what you're seeing is just massive continuation. I mean, for me, ballad power. All right.

[00:51:02]What are the obvious patterns here? Just this simple pattern. go back, retest that it's at 13 bucks.

[00:51:11]That's how to read it. And again, the patterns are going to help us navigate not only entries but targets.

[00:51:21]Do it that way.

[00:51:23]Uh what's on Mr. Mr. Premchala Py?

[00:51:32]That's a lot. Wants to look at Nvidia. I like Nvidia. Okay, that's a top tier kind of a thing. 4hour time frame. We're checking back. It's what we talked about last week.

[00:51:45]After earnings, no big move. No biggie. Uh we're still looking for 1618 expansion.

[00:51:55]And you're, you know, just in the next step in the process where you're down here at 213.

[00:52:03]Great. Is there a five minute pattern down here? Yeah, there was. Is deep crab right now on the five minute. I like that. Don't have any confirmation, but I'm okay with that. I I wouldn't be looking anywhere. This 200 area for Nvidia 213ish.

[00:52:25]No problem.

[00:52:29]Yeah. I mean, and look, Nvidia, you want to check back, but I did say this, oh god, six weeks ago that the second tier and third tier semiconductors, uh, we said like on and Mchip and Skywork Solutions.

[00:52:49]Um, yeah, all of those.

[00:52:53]God, look at Solar Edge is up $9.

[00:52:56]Amazing. Uh where's where's Skywork Solutions?

[00:53:03]Uh SWKS.

[00:53:06]That was a big one.

[00:53:09]Uh add that back on. Um why it's only now realizing the larger move. Remember this is a type two.

[00:53:19]Skywork Solutions hasn't even broken out of this downtrend, but we knew this was a a major player. Why? It was perfect. Type one, type two.

[00:53:34]You guys remember this, right? We did the one, we had the two. I wasn't crazy.

[00:53:40]I was looking more for hoping maybe we get better confirmation, but this prior confirmation was good enough.

[00:53:49]And this goes to target two. That's how we read it. And so you're 82 currently.

[00:53:55]I'm looking for target two at 100. And then we'll see like the rest of these semis if that can explode and go much higher.

[00:54:05]Yeah. Fel we did that. We're looking for sleepers. Absolutely.

[00:54:11]Mr. Vestage is it's it's the low floater. Like it's time for low floater sleeper stocks.

[00:54:20]Low floater, sleeper stocks, patterns looking left, targets looking up.

[00:54:29]That's why we do what we do. All right?

[00:54:32]I mean, again, I don't care what anyone else does. However you want to look at the markets, it's fine. Uh, I welcome everybody here. We do harmonic patterns exclusively. I started this, it's like, it's practically 30 years ago. I mean, that's pretty pretty insane.

[00:54:49]But it was like 30 years ago I started putting ideas together and I really think like the first well the first book was like 99 but it all came out of the dot stuff things that were working for me in the dot uh time frame made incredible pro like from 95 to 2000 for me uh it was just I made an enormous gains. I made a nice chunk of money where I had no money starting out before then and then was able to make money.

[00:55:27]And that's really where, you know, was able to make uh serious progress to where by the end of it, like by the end of those few years, I was like, "All right, yeah, I can do this." uh and and even though the environment changed, okay, and it was an easy environment.

[00:55:47]Admittedly, it was an easy environment.

[00:55:49]96, 97, 98, every retracement pattern worked. It doesn't matter. Take advantage of that. And we are we are in that phase again.

[00:56:00]Uh couple more.

[00:56:03]Uh vestage wants to look at TGEN. I don't know what that is.

[00:56:09]TCO Jin. No idea.

[00:56:13]Six bucks up from two.

[00:56:18]Probably another one. I'm going to say get it on the radar. Beautiful shark pattern.

[00:56:23]Beautiful shark. Look at that shark right down at 277. Uh what can we learn from this?

[00:56:31]You know, look, let the software generate the T1 arrow dot. There's your confirmation for the go. And geez, look at how perfect target one at seven on the day it hit there. Got rejected down.

[00:56:46]I would look for uh the next set of oversold conditions if that's 4hour or daily. I don't know if there's something going on here that you know about, but uh let it come back. Five bucks, 520ish.

[00:57:03]Yeah.

[00:57:06]What else?

[00:57:08]What else? What do we got? Uh oh, I will follow up. I said Johnson and Johnson last week, guys, and it's coming in to where it's kind of like a Boeing thing.

[00:57:20]And J&J for me is 230 currently. Um, I think this is going to come down like let's say you've got I don't know, let's say you have 2,000 bucks in your bank account.

[00:57:34]Everybody's in here better have $2,000.

[00:57:37]If you don't have $2,000 in your bank account, get your [ __ ] together. But I'm just going to put it to you this way.

[00:57:43]Either put 2,000 bucks in a bank account or you take $2,200, you buy yourself 10 shares.

[00:57:52]when it gets to 222.

[00:57:55]All right. And you sit there and you're gonna pick up what is it? Two and a half 2.3% down there. And then you're never going to sell this thing because J&J I'm looking for this a lot like Boeing for this come down and put in that secondary low and never look back. Look what's going on here.

[00:58:19]massive weekly acceleration channel.

[00:58:23]Last week we put in a weekly continuation HSI.

[00:58:28]I I know it's difficult to see this, but these kind of situations they come along maybe once a year in a stock like this once every two years.

[00:58:39]And I don't know if any of you remember the butterfly at 140. It's the same kind of deal.

[00:58:45]Johnson and Johnson. It's a it's a forever stock.

[00:58:51]It's just it it's gonna have retracements, but it will not have resets.

[00:58:57]And you want to buy on retracements. Buy and hold that. Put that away somewhere.

[00:59:02]You know, that's a safer tier. We're not speculating. That's more like savings account material. You know, the other one was CocaCola.

[00:59:12]You know, remember Coca-Cola back here a year ago at 55?

[00:59:16]Same kind of a thing. Now it's just look at that 80. Another deep crab. Maybe you pause up here, but you know, CocaCola, you're not selling that. Johnson and Johnson, you're looking for areas. It's a different type of stock.

[00:59:33]All right. You're looking to buy it, put it away. Talk to me in 20 years. Talk to me in 10 years. come back to that after that doubles in 10 years kind of a thing. That's where we are in this market.

[00:59:48]Period. This stuff is only going to continue these long-term trends.

[00:59:55]Uh couple more. Couple more. I didn't even eat today.

[01:00:02]KAC all-time new highs. You know what?

[01:00:06]Go back to the live streams a year ago.

[01:00:10]Wow, look at that. Remember KAC at 660 now 2000.

[01:00:19]Anybody remember this pattern back here? It was a year ago.

[01:00:26]I I was just screaming about KAC and ASML 630 hop level. You go back there. It was a perfect type two back in April. And that folks, KAC, another one. It goes higher. And what can we learn from this?

[01:00:48]Well, even though that seemingly got away from us. All right. I didn't know about KAC. How do I play it? Well, you look for daily retracements like the one we had last week.

[01:01:04]All right. And that was at 17,800 or the other one just back in March at 1,400 or the other one back in November.

[01:01:16]These thing come along once every three months, six months. It's your job to stalk them.

[01:01:24]When they come back, that's where you hit them. and KAC and ASML, you know, these are semiconductor plays that just look out gonna continue. I mean, ASML probably less opportunities than KAC, but that's just stack them. Stack them. I mean, there's so many uh like that that I I you know, they're these are only in my opinion, a lot of these are playing catchup to the Mag Seven. You know, these next level Micron SanDisks of the world.

[01:02:07]They will be like the next Mag 7. Look at SanDisk. This is insane.

[01:02:12]That's in That is just unbelievable.

[01:02:16]$240 billion.

[01:02:20]You go back a year ago, guys, a year ago. That's insane.

[01:02:27]That That is That's mindblowing. A year ago, where were we? We're there a year ago.

[01:02:35]Basically like $40 a share and did a 40x. Give me a crypto that's done 40x. I can't name one.

[01:02:45]Not even Zcash.

[01:02:48]Not even Zcash. And this is even fundamentally better.

[01:02:52]Come on. Let's get stuff that, you know, companies that make things for people to consume. That's going to win long term.

[01:03:01]Not relying on the next investment dollar.

[01:03:08]Couple more.

[01:03:11]Sure.

[01:03:12]Turnaround story. Look, there's a lot of great names that are turnaround stories.

[01:03:17]I would say Blackberry, Nokia. Those are better turnaround stories than any crypto.

[01:03:25]Yeah, RDWR.

[01:03:30]What's up, baby Genius? Radwear.

[01:03:36]Amazing. Look, patterns looking left.

[01:03:38]Absolutely.

[01:03:40]That and Red Wire. Those are the two red wire.

[01:03:45]We were talking about that. I did really didn't get a position on that. I'm kind of bummed. I'm pump. I'm bummed because this had everything. Type two bat pattern broke out. And look at that acceleration.

[01:04:00]Yeah, Anthony. Oh, don't tell me path bumped.

[01:04:08]No, but love it. Uh, this is one of those UIP path earnings in two days. I I like this one.

[01:04:17]I know we mentioned this. I thank you for bringing that up. It's on the radar right there.

[01:04:24]How to read this. Let's say you're brand new to patterns.

[01:04:28]All right. You see any patterns here?

[01:04:31]Like you get the software and I'm like, "All right, Scott's talking about path.

[01:04:35]What's here?" Well, we've got bearish pattern here. Came all the way down. What's this down here? Oh, it's all right. Some green arrows and some dots. This looks pretty good. And we have this prior pattern around 10 1150.

[01:04:52]I I would line it up like that. I do like this. The other thing about path, like a lot of these markets, now we're breaking out of the downtrend.

[01:05:05]We weren't doing that two months ago. We were still stuck. And like Red Wire, Path is making big progress.

[01:05:17]That's a big one. I like that.

[01:05:20]Looking good. Uh, what's up, Quinny?

[01:05:24]Quinny wants Zeta. And Zeta was the other one. Zeta's just starting to break out and it's got patterns looking left.

[01:05:34]hasn't even broken out yet, but pretty clear. What's what is the progress of this stock, this price?

[01:05:46]Yes, the last year has been on a downtrend. Last two, three, that's a steady uptrend. I would look at it like this. That's the first All right, this is like the first Wow. Get on my radar.

[01:06:00]And now, let's look for the next wave higher.

[01:06:03]I do like that one. I mean, there's a bunch there's a bunch of these that are, you know, something else.

[01:06:11]Um, what else? Somebody wanted to talk about uh SpaceX today uh on X. Uh, I'll get into that for a second. Regetti is another one uh in the quantum space. Who put that up?

[01:06:29]Echolleaf. And I I think you need to be tracking that. It's on our radar sheet.

[01:06:35]But Regetti, look, that's big progress.

[01:06:38]We've cracked the downtrend.

[01:06:41]Successive higher dot confirmation.

[01:06:47]I I think all of that screams major progress.

[01:06:55]So, Regetti, Cubits, D-Wave, all of these, let's get them on and let's every show.

[01:07:03]I mean, everyone what you're looking for because if I'm right about this, all right, this is going to be like a Micron. This is going to be like a SanDisk. Maybe not as crazy, but maybe it could be like an Intel.

[01:07:21]Intel going a lot higher. I'll tell you one that's on my that popped recently back up that is starting to go is Rumble.

[01:07:31]Why? We were talking about Rumble last year and that was down at seven bucks.

[01:07:38]All right, it's now 880.

[01:07:42]Uh this was a daily two, three, four patterns.

[01:07:48]Look at that rumble at 880.

[01:07:53]This folks, this has got a lot of potential and it has broken out again. What's the difference here versus the last year? We have kind of broken out of the downtrend and now we're making progress. I I've talked about this a long time ago, but only now is it starting to kind of assert itself. And what are the big targets?

[01:08:18]1074 1328.

[01:08:22]That's how we get there.

[01:08:25]Big stuff.

[01:08:27]I I like this. I I really do like Rumble. I like the chart. Wasn't there There was something else here longer term. I thought weekly oversold. I mean, there's a lot of things to like about that chart.

[01:08:43]Again, you're looking for a larger turnaround play. That's got it all.

[01:08:51]Couple others. Man, you guys have lots today.

[01:08:55]Um MDB, is that [ __ ] DB? MongoDB. I was right. Um MongoDB.

[01:09:05]No, not Let's get Let's get this on a pullback.

[01:09:13]Uh weekly so so daily. Okay. Yeah.

[01:09:20]So MongoDB this is uh a AI data center. It's a type one shark got rejected at 3:30. I like it. You know, let me get it on the radar. I'll put it on there. MDB.

[01:09:37]Uh but I think we need to have that check back. Look, there's a couple things I'm not I'm I'm pretty bullish and I've been bullish for a while, but you know, there's they still have to have some clear triggers, confirmation.

[01:09:57]That's not it. Maybe we we have a pullback. And even with what Rosen Blat keeps a buy at 385, Caner Fitzgerald overweight.

[01:10:09]Okay, that's great. Great for them. But sorry, I need to see an oversold, but it's good idea.

[01:10:17]Uh, what's up, Hala? Waloo. Uh, we talked Nphase. Love Nphase. Love Solar Edge, man. Gartner Group. I kind of knew I I got I think it's Gartner Group.

[01:10:33]A guy I went to school with. I think his brother was like one of the founders.

[01:10:39]Gardner Group.

[01:10:42]139. What happened to this thing, though?

[01:10:46]I I haven't looked at this in years, but I like it.

[01:10:51]What do you have here? It uh is the symbol. Weekly crab pattern 139 currently 159, but the confirmation that seems to have held.

[01:11:06]When was that?

[01:11:09]We were there last week.

[01:11:12]We checked that back. That was at uh 145. All right. Look, my list is getting longer.

[01:11:19]It here Gartner Group.

[01:11:27]Let me add it. Um I you know, again, great great pattern and for me I you know the patterns they they tell a story. Okay, there's something about it. The pattern, the software.

[01:11:44]Uh, again, let's just do that really quick. Um, again, over here, go to harmonrader.com. All of the free information is there. A couple people did, let me just show you this. A couple people ask me like, where do I get source information? Register now.

[01:12:02]Okay, as a basic member, it's just an email address. Uh, I don't solicit. I don't have time. I I just don't. But it's all there for you guys to dig into.

[01:12:13]Basic members page is there. And then everything, all the trials, the books, watch the webinars, and then there's even the cheat sheets. It's all there.

[01:12:24]Okay? Dig in. I I again, I've said this for a long time. Like at some point, you're going to have to start your journey and you need to get some experience under your belt. I I I can't think of a better market environment to do it than this. Retracement patterns working out left and right. These kind of situations, you know, that's screaming to me. That's a massive crab pattern. That means, okay, major support down here. I'm not going to jump on it just yet, but you've got my attention. I love the pattern and I can at least assume, hey, if this works out, it is a type one target one.

[01:13:09]Type one reaction to target one 309. I like that. I like those parameters.

[01:13:15]And we literally just last week checked back successfully off of that.

[01:13:21]So nice nice suggestion here.

[01:13:26]So many things right about that chart. I I really like this. I mean, I would do a little more digging on like what's the story? Why did all of this happen?

[01:13:36]Internet software services. I know that's been getting crushed, but man, I like that pattern.

[01:13:43]I like that confirmation.

[01:13:46]Well done, Service. Now, is that a dud? No, I think that was a Isn't that a type two here?

[01:13:58]Service Now, another software stock absolutely crushed, but there is a pattern. Maybe that's like your first thrust up to 110.

[01:14:11]And can we can we have a check back like 88? I I like look stocks certain stocks are at different stages. Think of it like that. Some are accelerating aggressively.

[01:14:26]Others are just topping out or bottoming with confirmation, but they move at different paces.

[01:14:35]Something like Service Now, great idea.

[01:14:38]How long will we be down here? Really depends on progress. Weekly, are we above the 50 level? Like look at amplified here.

[01:14:47]You can't really get price acceleration until amplified RSI, that's the proprietary signal, is above 50.

[01:14:58]All right, it's just not going to happen. That's that's how we read it. I do like the fact that, you know, HSI here at the 50 is well above.

[01:15:08]So, service now. All right. Again, it's on the radar and I'd rather buy that in a week or two weeks above the 50 level and pay a little extra more knowing that I've got some continuation at my back.

[01:15:29]Couple others. Man, you guys are loaded today. We did SMCI.

[01:15:34]What's up, Chalk? BB AI. I you know that's another one we've done nothing forever maybe now uh BBAI like this get another one almost above the 50 if that pushes above the 50 then you're good you got anything here daily weekly uh yeah some patterns here just not accelerating it's in package software AI I D I mean again I I I I would put that on the radar. It is on my radar. See, it just hasn't done anything. I think I looked at that. I think I tried a long in that last year and it did not work.

[01:16:24]But I'll, you know, I'm look, I'm not dismissive of anything. We've seen this stuff pop off and we've seen a lot of those type of plays do crazy things. I just don't think that that's quite ready yet.

[01:16:38]Give it a minute.

[01:16:41]Sure. Uh, yeah. SpaceX. I didn't talk about SpaceX. I'll talk about SpaceX in a second. What is that? Is that Isn't that it? Oh, Virgin Galactic. No. What's the SpaceX symbol? Are you kidding me? I thought these guys went bankrupt.

[01:17:03]I I gotta love the pattern, right?

[01:17:07]I mean, look at the pattern. It's a perfect type, too.

[01:17:12]I on the daily.

[01:17:15]So, we know that thing is, you know, structurally framework in play.

[01:17:24]Wow, that's interesting.

[01:17:26]I'd have to dig in on what the deal is.

[01:17:28]I somebody correct me the the SpaceX IPO hasn't now this is a I don't think this is the same you know I think SpaceX is a different creature and I'll I'll get to that in a second but uh unless this is total trash I'm I'm looking at this look look there.

[01:17:58]Clearly that 240 250 area that's holding and you got massive support. Look, when you when you do this and and I'll just say this, okay, when you guys get the software, you're going to see the zones, you're going to see the confirmation, and you're going to see this thing called the hop harmonic optimal price. That is the maximum overspill beyond the measured XA level that says that's the structural limit.

[01:18:29]And time and time again, you're going to see the hop be that exact level. I'm always thinking in zones.

[01:18:38]Okay, if it's, you know, this is basically all right 2 to 350 is that bigger zone I want to focus in because my targets are up here. This is a type two. So, target two would be it. But that's how I'm thinking. I'm somewhere in here to get somewhere up here is how to think about it.

[01:19:01]Um, that's why this is enticing for sure.

[01:19:07]That's definitely enticing to me. I I'll have to dig in.

[01:19:14]Need to take a look at that.

[01:19:18]Yep.

[01:19:20]Yeah, I know. It's Richard Branson's thing.

[01:19:24]So, what's the space SpaceX though?

[01:19:28]Is that it? SpaceX preIPO coming out on the 12th. There's no data on Trading View yet. How to play this?

[01:19:38]All right. How to play this? Well, it's going to be a trillion dollar company no matter what.

[01:19:44]Um, and I I think what you got to look at is let the dust settle out and wait for the first oversold signal.

[01:19:55]I don't think, you know, I think the whole thing about SpaceX, simply stated, is the fact that this this is technology nobody has.

[01:20:07]They're doing things no one has ever done before.

[01:20:10]So the to say arbitrarily, oh, it's not worth it. Um, I I just I I think you you have to have a bigger kind of awareness. I mean, the the one that I come back to that everyone talked about was Google. When Google IPOed seemed like a no-brainer, but a lot of people are like, "Oh, these guys are there total overvalued IPO."

[01:20:40]Okay. I mean, this is this is exactly the kind of thing where I the Google grew into its valuation.

[01:20:49]That's how it normally goes. Here's a monthly. There's Google. Okay.

[01:20:54]Amazing.

[01:20:56]Came out split adjusted was uh yeah, 28 a share. Alltime low was 24 and never looked back.

[01:21:07]What do you notice about it?

[01:21:11]When did Google really start to move?

[01:21:13]Well, it was a full year after the f after the IPO.

[01:21:19]And I think SpaceX is going to be a similar thing. I think it's a $ 1.5 trillion thing. I think you're just waiting for SpaceX to kind of set up with get oversold in the short term and you're not thinking 1 trillion 1.5 trillion.

[01:21:39]I I I really think you got to think where what are the top market caps? Not that this going to automatically be a top market cap, but it will quickly challenge those.

[01:21:53]Uh I I I think you know with everything going on SpaceX will fluctuate between 1.5 and 1 trillion whether they lose money or whatever right now because that's not that's not the situation.

[01:22:11]We're not talking about this year or even next year for SpaceX.

[01:22:16]You're thinking where is this going to be next decade? like what will SpaceX really achieve next decade. And they said the same thing about Tesla.

[01:22:26]You know, Tesla didn't make any money.

[01:22:28]They barely made any cars, but people knew like, you know, people knew about Elon.

[01:22:35]They knew about, you know, what they were talking about, what they were going to do. And same kind of thing. Look, Tesla IPO, unbelievable.

[01:22:45]split adjusted $127.

[01:22:49]But what do you see here? Again, little logic.

[01:22:55]Okay. And plenty of time.

[01:22:58]Pl Don't ever think you got to jump right in, but plenty of time. What did Tesla do? Not much.

[01:23:05]Won two years or more.

[01:23:10]And then finally went Price Discovery.

[01:23:14]This is also why price discovery is so important because once you go into price discovery, all right, you're you're in a whole different ballgame.

[01:23:24]But just know that Tesla, Google, all of these, they will seemingly not do much for the first year or two, no matter where they come and settle out. But you don't take them off the radar. You're not going to have a $ 1.5 trillion company go public. that's launching rockets, okay?

[01:23:47]They're going to have just crazy access to money.

[01:23:52]They're going to be able to do everything that they said. I mean, again, guys, this is all part of what's really going on right now.

[01:23:59]People are saying, I saw somebody post a chart and they said, "Well, this is the most overbought market and the most overbought market ever were were the railroads in the 1800s." Okay, you're talking railroads versus rockets. You're talking, you know, satellite technology, power generation, quantum computing that can do traditional computing on a magnitude that is uh to uh uh relative to what's currently available in a level that I don't even think people realize. They don't realize and they don't understand how big the the tech revolution that's unfolding right now is happening. That's why NASDAQ 30K is nothing, guys. I I got to say this, okay? It's just a number.

[01:24:54]It's just a number. Here we are. 29972.

[01:24:59]It's just a number. But if I was looking at this chart and it was a five minute chart or an hourly chart, I'd say, "Yo, this is a ripping uptrend." And on top of everything that just happened these past 100, 200 bars, that's a massive bullish engulfing with followth through. All of that leads to higher price. You don't turn on a dot and then just kind of fall in your face.

[01:25:28]Uh Tesla, I did want to say this about Tesla. All right, Tesla's something where my long-term target on Tesla is 800.

[01:25:38]What is that? That is big 1618 price discovery expansion if not going larger. Um doing like 2618 to 3618.

[01:25:54]This is how it goes.

[01:25:56]This is how we measure 1618 guys for Tesla right now gets you to like 605 610 uh and I think that happens probably this year if not by first quarter of next year and then you're looking for you go extreme harmonic expansion and that's like 900 if we're going to do XAB CD really simple That's where most of everyone kind of wakes up. The light bulb goes on of like, oh, the M and Wshaped patterns.

[01:26:35]They really can give us an idea of where it goes. That's the framework. Well, there's X, A, B. Where is that? B's at a 618 almost perfectly, right? That's a crab pattern. Go. Crab goes to a 1618.

[01:26:51]That's 605.

[01:26:54]You've had a few in between retracements, but that's all just progressing on its way up to complete that 1618 daily time frame. We've had a number of patterns and and this is a good refresher.

[01:27:13]Why? We've had bearish patterns that all they gave you was a retrace like that.

[01:27:23]And then after the retrace is over, you go for the type two and you continue higher. That's what's going on here.

[01:27:32]So, we had the type one on the bat pattern. Not only that, we had this bullish pattern at 357. That might be it. like 357 and that last retest.

[01:27:44]We might not see that ever again because I I really think we're gonna already started to do the return phase 457 to 527 up here minimum.

[01:27:58]But I I think if we get really aggressive, you find yourself failing that pattern and that's how you get continuations.

[01:28:09]A lot going on. I mean, it's it's uh it's awesome. It's a great environment to be in and I don't think um this stops anytime soon. The patterns are still telling us we got objectives where they're much higher. This keeps going.

[01:28:30]Uh, Congress is buying service now.

[01:28:33]Maybe. I don't know.

[01:28:37]But if they are, it's probably uh probably a good sign. Probably a good sign. Uh, what's up, Chase? Let's Let's wrap up one or two more here.

[01:28:48]Uh, SCES, what is that?

[01:28:55]SCS AI Corporation.

[01:28:58]A126. Yeah, there's a secondary low there.

[01:29:04]Not a bad chart. I mean, there's confirmation. There's confirmation there.

[01:29:10]What it do? Did the post IPO dump?

[01:29:14]Um, yeah. I would say this is the sec first time you've seen a secondary confirmation at a higher level. I don't know. I uh lost money on SA SCSAI Corp. Join the class action suit. I don't know what this is, but no doubt recovery plays. You you need the breakout. We've seen that like there's a big difference.

[01:29:41]uh you want that thing or I'd even say like this if you were if you for some reason you were super into this thinking there's something going on here you got to get above that downtrend last six eight months downtrend here before you can really expect that thing to loosen up but that's all right uh ABNB haven't looked at that in a Airbnb.

[01:30:14]You know, I'm surprised this hasn't done more. $80 billion company. I thought this would be higher. Uh Shark to 5.

[01:30:24]Can't really say this is trending though, right?

[01:30:29]Pretty stuck, you know, 160 to 120.

[01:30:38]That would have to really bust out. I again I'm not going to expect more. Oh, here's why. Okay. Again, just right back to the downtrend.

[01:30:49]Can we bro? You got to break that. How many of those have we seen?

[01:30:55]Haven't broken the downtrend.

[01:30:58]And because it's to the right like this is this is how it goes. Woff called it jumping across the creek or whatever.

[01:31:06]You get up, you break out, then you have that back test, then you go.

[01:31:12]That's how to look for it. I I don't have much there. I mean, so you know, not a lot, not too much. Uh, if that was to the right of the downtrend, maybe in a few months from now, I'd say okay.

[01:31:29]What's Janentech?

[01:31:35]One or two more, guys.

[01:31:39]GTE.

[01:31:40]No, come on. Really? Genche or Janentech?

[01:31:46]Throw me a symbol.

[01:31:49]RPD on the monthly for Thails. What's up, Thails?

[01:31:53]Um, yeah.

[01:31:56]Okay.

[01:31:58]I mean, big pattern. The The thing I like down here, I mean, you got a confirmation, but you you've stabilized.

[01:32:06]So, uh, it's only in the last like three weeks that that to me has any value like really where we could consider this turning around. What about See, that's the other thing. Amplified RSI This is your bottom indicator on the software. Okay, you can't expect much to happen until we're back above the 50.

[01:32:31]That took six weeks.

[01:32:34]Maybe next week you could start looking at that. I I just don't have Yeah, monthly looks a little better with the pattern and couple things there. I you know, I don't I don't think that's ready. Uh, CXAI, we talked about this. I took a little position, nibble, nibble in that on Friday. Not, you know, I mean, a little crazy. Not too crazy. Um, I've got a chunk here. This was a daily, right?

[01:33:04]Oh, yeah. It was a daily oversold at a higher level.

[01:33:09]And it was Yeah. Okay.

[01:33:12]Pattern's looking left here. And um you know I'm I'm still it wasn't huge.

[01:33:20]Um and I I it's going to take time. I I remember this.

[01:33:28]Yeah. I mean again 21 cents. This is super low floater and the hop level was 33 both of these patterns like 23 to 33 cents. So again, we can't really expect anything on that until I think it was I was saying it's got to clear like 25 cents.

[01:33:50]Uh maybe I would adjust that and say get above 32 cents, but I still have that position low floater. That's and this was the other I think it was because that breakout too.

[01:34:08]Something like like that. I I just remembered uh that Yeah, it was kind of like that.

[01:34:19]We could even go a little more, you know, go off of that high, this high, that high. Uh so again, you are to the right. I think that was the other thing I was really liking about this. And still long, but I know it's going to take time.

[01:34:35]You're to the right of that downtrend for the that's gone on for the last year.

[01:34:40]or more year and a half.

[01:34:43]And that's why this is like the first time you could really take that seriously. Uh and I and look, the hop level has found me many of a sweet situation.

[01:34:56]H these these long-term hop levels to speculate on them that's you know that's they they've been really strong support. Even if you just get a nice sizable bounce off of here, I'm okay with that. Don't go too crazy.

[01:35:18]Uh, I like that. Oh god. And AMD's hitting 500.

[01:35:23]Look at that. AMD hit is at 500 market cap 813 billion.

[01:35:30]And you, you know, a lot of people are talking about AMD now to challenge Nvidia.

[01:35:38]So, Nvidia is a $5.5 trillion company.

[01:35:42]Uh, please folks, some of the stuff that helps me, I I I really I share it with you because I think it's going to help you visualize opportunities more easily. All right, this market cap is 814 billion. Nvidia is 5.5 trillion.

[01:36:02]Trillion. Do the math. like seven times the size.

[01:36:07]And that's why I still like Intel. All right, Intel down here at 615 billion. I'm still long. I'm staying long. I'm not selling.

[01:36:19]I'm not no matter what, I'm not selling.

[01:36:21]Like I think I think Intel does see a trillion dollar valuation in the next year or two.

[01:36:28]But longer term, we've talked about this Why was Intel such a play? Monthly shark. It just took a year to develop. I told you my story. I went no sizable draw down, but I told you I wasn't selling. I was I was on stream talking about not h happy with the draw down.

[01:36:53]And now I'm like, "All right, this thing's clearly uh price discovery." And you go off the 20-year cycle here.

[01:37:02]What is it?

[01:37:04]X A B at a 886.

[01:37:09]C point at almost another perfect 886.

[01:37:13]Where's 1618? 1618 on that Intel is there at 115. The 1902, which is the top end, is like 134.

[01:37:25]So I even if I was going to sell this I would be looking for confirmation but above the 130 level and to me this is a this has got breakout written all over it. I mean just look if we get a dot if we get a bearish monthly bar we would need two by the way two bearish monthly candles to turn on a dot. And check out what's happening. We're going back into the overbought.

[01:37:53]you're expanding back in. So, until I I will look at it at 130 135ish, but not until not until I I I just think that that's this this is a whole different ballgame.

[01:38:12]It is a whole different ballgame than before.

[01:38:16]Yeah, we did all those. We did Intel.

[01:38:20]Yeah. I don't, you know, you guys can hit the like, hit subscribe on the way out. I think I'm done.

[01:38:26]All right, listen.

[01:38:29]Get with the program. Get over harmonic trader, guys. Get with the software. If you're here, you're spending your time.

[01:38:35]What you're learning is the framework to define opportunities for now and for the rest of your life. Okay? I mean harmonic patterns relatively new in the whole discussion of technical analysis but I challenge you to find a better framework. I challenge you to find a better framework and even if you're doing other stuff you can integrate this with the framework of harmonic patterns and the confirmation of what we do to keep finding the gems that we've uncovered. I'll I'll keep posting new stuff.

[01:39:13]There's a whole bunch of things that, you know, we went through today. Uh we'll be back on Thursday and we'll do some more. All right.

[01:39:21]Awesome. Thank you folks. Have a great one. We'll catch you next time. You have any questions, hit me up on the Discord.

[01:39:30]Description is in the link is in the description. All right. Awesome. Have a great one, guys.

[01:39:38]See you on Thursday, 12:30.