Okay folks, what a day! we need to give a violent update on the market and plays, including some that hit our price targets today or at least got very close to them should you sell, Should you add more. We're going to be discussing that, of course, very violently. And then for the main entree, I want to discuss whether Sheave is about to explode and a catalyst that I think is going to make it happen based on current trading. I believe that we are testing a pivotal point for the sheep and I want to discuss whether or not to buy now.

and the only thing that I ask in return for all this is that you hit that ravishing like button and also don't forget to subscribe either. Okay plays. Let's start with Lucid. So on October 26, we presented our evidence on why Lucid will go up 73.

It did complete that task this morning, and besides it going up more than 73 in the last 10 days or so, it's tripled in the last two months. and so all this hit my price target a lot faster than I expected. I have to say, when it hits my price target, I no longer see it as a good deal. I love Lucid, their delivery, and they're finally fulfilling promises.

And it's great that they're being recognized, but I would not chase this one. That said, they do have earnings coming out next week November 15th and we should get some clarifications on orders and how they're managing costs. There's also a chance that I do upgrade the zip you price target a smidgen based on how the earnings are. But if you're swing trading again, I would say it's best to lock in profits and then rebuy in at lower prices.

If this runs another 20 to 30 percent, who cares? Hey, maybe keep some skin in the game if you want set a trailing stop loss whatever you want to do. But at the end of the day, if you're swing trading, you got to have something that says okay, well I think this is the true value. I'm gonna start locking in profits at this point and for me, that's a price Target. Okay, so that spending bill finally started getting itself factored into our Eevee charging station place.

Most notably, we had our Evgo play Wake Up today up over 40 percent at highs. Our price target on this one has been 20 dollars through Fudd in favor. Why? Because they're the leader in fast charging stations and today's rally is an example of the alpha that can be earned by setting price targets on plays that you really, really like and then waiting until you get a massive dip to buy it. They also announced they were awarded funding by the State of Pennsylvania to expand availability of Dc charging stations, so more proof of concept there as well.

Chargepoint also saw some nice inflows this week, but just to remind you of the differences here between Chargepoint and Evgo because they're definitely different players, I did a comparison on the time scale at which charge point in Evgo pays off risk versus reward wise. Charge Point, in my view, is the safer, more established player with consistent growth projected over the coming years. But when you start looking out to 2025, Evie Go starts looking like a much better deal. That's because Evgos are more risk on play, and if that risk pays off, then right now the multiple on that is going to be substantially better.

That said, if you're going to invest in charging stations, I would say that these two are a minimum. Chargepoint gives you the lion's share of the Ev charging market, and Eviego gives you that advanced charging tech exposure. But outside of those Conviction plays, we had Ppsi this morning. we briefed on this soccer.

At 605 I should share, it was already up sizably on news that they were launching something that they called Eboost, a smart mobile Ev charging product suite. The idea is that these products solve range anxiety by providing backup power sources. In any case, this announcement coming at the same time as Infrastructure Bill Euphoria, Ev Euphoria, and of course overall risk on trading led me to brief on it and in this case it ended up doubling to 1244 at highs. But keep in mind there's a difference between Conviction plays in short-term plays.

Conviction plays. All you got to do is find the fair value and then buy it when it's well below the fair value and wait. With a short-term trade, you have to have criteria for what's going to get you in the position and what's going to get you out of the position. and when you're going to be locking in profits and it has to be very, very tightly managed.

For example, my minimum bulk criteria in the briefing this morning was i see this as a strong bull setup. If it holds or later, we take support at 610 and especially wins and holds breakout of resistance at 638 and it attempted that early on but failed And then finally right about at this inflection point on the redirectional Sma line just below 638 started breaking out. Point is, you can't buy a stock and have magical profits shoot out. You have to have a clear strategy and criteria of what it has to meet.

If you don't you're just throwing darts at the board, right? Moving into the crypto world though, Mara, Lovely Maura. Sometimes she pleases and sometimes she teases. Today she was pleasing. She's been on a relentless tear as high as seventy seven dollars today, more than twenty percent up at highs on the day in total, you may remember our breakdown of why my price target for her is ninety three dollars that we did about three weeks ago and our this will go up ninety one percent video.

and since then she's gone up over fifty percent at highs. But essentially the reason for the upgrade? Quite simply, tldr was that she purchased a ton of miners and they aren't showing in the data yet because they're not fully deployed. but they're going to be deployed more and more and more in the coming months and then fully deployed by mid-2022 and at risk of sounding like a broken record. The reason that Mara is such an interesting place? Because the market doesn't understand her when Bitcoin sells off dramatically.

Mara does too. But what people don't realize is that crypto miners like Mara create a lot of extra value when Bitcoin's prices plummeted. Why? Because network competition and network difficulty go down dramatically. so she can mine a lot more coins easier and at a lower expense rate, she can load that on her balance sheet, and then when Bitcoin inevitably recovers, she can offload it at much higher prices.

Now, because she's so early stage, she's pretty much just been loading up Bitcoin on her balance sheet. So as Bitcoin goes up, she also gets the benefit of that. But the point is, if you understand the business model here, it creates this very, very interesting picture for why Mara has traded so inefficiently this year. Because the market doesn't understand her, I used conservative estimates for what I think Bitcoins are going to be valued at at the end of 2022 and 2023 to come up with Maura's price target.

I use 75 000 by year end 2022 and 80 000 by year end 2023. And even in my bear case scenario, if Bitcoin's at 45 000 per year and 2022, she's still worth about 67 bucks. Now in reality, we know Bitcoin can go up and down 60 70 percent many times in a year. But the point is that when you have one or two points where Bitcoin is now breaking out, Moro has the option of offloading all these coins that she mined at lower valuations.

So at the end of the day, you really just need to have Bitcoin at some point reach my bull Targets and then Mara has created a lot of value. Okay, last update before we get to the sheep. So Ooga Booga! Amc continued having the best breakout attempt that we've seen since early September, going as high as 47.5 at earnings. Today, they reported that attendance in both U.s and international markets has gone up 6x year-over-year Not a fundamental play, but one of the biggest effects of the movement is that Amc was able to raise capital at substantially hyped prices, and Amc is using that capital to make improvements and pay down its debt.

And that shows on this report and in totality, Despite investors as of late saying again that retail traders are going to lose interest and cash out Well, it turns out there seems to be a lot of loyalty with the stock. I mean, it's basically stayed in the same region since its early June rally, and Amc also said at earnings that they're going to be accepting the sheep. Which leads me to my next point of the video. So on an overall bullish crypto day with Bitcoin and Ethereum hovering and breaking into new highs, Shebe was cooling off.

Sheep down 5.81 while Doge was up 5.68 you may be asking, is the sheep more bark than bite And when will Charlie stop with these damn Dad jokes? Well, the answer to both of those questions is fairly uncertain at this point, but I want to talk about what I see as a wave of retail attention coming, and what I see as a ongoing catalyst that's going to start snowballing as we head into December and January. Let's start from the marketing side here. So when you have something like sheep that goes up so dramatically, what happens when you have brokers incentivized to push it and market it? Why? Because customers will see something like sheep and they'll feel Fomo, They'll say, hey, I need to go in and I need to buy some crypto myself. I need to be the next person that puts in a hundred dollars and comes out a hundred millionaire Brokers take advantage of this Fomo, but indirectly promote the assets that they're fomoing.

Look at this ad from coinbase that I took a picture of. if you've seen it, it shows Sheba going up massively and then says trade Sheep with as little as 25 What are they trying to say And this is just in my opinion. obviously make your own opinion, but I think they're playing with Fomo. They're saying hey, if you sign up with us, just 25 to get you into sheep, she runs massively Look at that damn chart.

Guess what? 25 can go a long way with the sheep. It could buy you millions of Shiba. well, half a million cheaper depending on when you buy it. But you get my point by advertising.

In this way, it gets a lot of customers and a lot of signups. but it also indirectly draws a lot of attention to what the sheep you have. Some retail traders that may have never heard of it before and some others that may have, but didn't think about buying it until they saw that chart. And then because statistics show that retail traders are more likely to buy something after it shows a massive rally.

Seeing a chart like that statistically would make sense that a lot more people would go in and fomo buy as that marketing campaign spreads around. Here's another more subtle one. This is an ad I saw from Crypto.com Notice what it says here. It says buy Btc, Eth, and sheep.

Why would they list cheap with Bitcoin and Ethereum? Well, because it's the most popular crypto right now. A lot of people are talking about it, but what are they also doing in effect here? Well, they're legitimatizing and sending the subtle message that, hey, just like Bitcoin and Ethereum, Sheep is on the same level. They are comparable ones, just a lot more early stage and a lot cheaper at pricing. I don't agree with that.

Bitcoin and Ethereum are basically the blue chips of the crypto world, and obviously Sheba is a momentum play. But to the average retail trader that sees this, you look at the three and you're like, okay, well, those three, they're all about the same. And this isn't just like I typed in cheap and I saw what came up. If you look at the top finance apps as they're titled on the app store, you actually see that both Coinbase and Crypto.com literally changed their apps titles to include Sheep by Btc, Ethereum, and Sheep.

I said, hey, the three most relevant, most important cryptos that you'd want to buy are Bitcoin, Ethereum, and the Sheep. Basically free advertising and free. constant legitimatizing and constant reinforcement of shiv as a legitimate player here, which becomes a self-fulfilling prophecy at some extent as more and more capital flows in. Now, I'm not saying that Chiba is going to stay around and be this massive massive currency that everybody uses, but when you're talking about calculating catalyst and new retail hype flows, it seems like we're at the early stages here.

When you look at the trajectory of marketing and the trajectory of retail adoption, you saw the same thing with Doge, where you had a lot of advertisements and all of a sudden a lot of retail traders poured in afterwards. If you're a new retail trader that wants to invest in crypto, and you see the top brokers advertising Bitcoin, Ethereum, and Cheap and you're looking at all the price points and the level of development and you're thinking, hey, wait with Sheeb, I could put in like 50 bucks and get millions of tokens with Ethereum or Bitcoin, I can only get a small slice. Now obviously it's a psychological difference, but still with the sheep, you have that idea that you're getting in on the ground floor and it's being promoted alongside those three and other brokers do this too. Gemini I saw a similar thing from Weibo, which is a stock that I use and love, and even if you go on their app as a member, what do they say on top they say get five dollars of sheep by successfully inviting others to Evocrypta.

So it's like, hey, even outside of promoting it to get new members, brokers are also promoting it to the current members saying hey, this is the hottest thing right now It's a subliminal message even though the brokers may not agree with you buying it. But it's a subliminal message that says hey, this is a hot crypto and it's something that impacts the buying decisions of a lot of retail traders. And by the way with a little bit of sheep section here. If you do want to get two free stocks and trade cheap on Weeble, I will put the link down below.

But anyways, the point is that marketing has gone up dramatically and coverage on news media has gone up dramatically as well as well as on social media. More and more eyes are looking at this and it's looking very, very early stage and at the end of the day, the big culmination is going to be when the big dog Robin Hood decides to list cheap. I don't mean to stereotype here, but I would argue that there's a larger concentration of yolo type traders who would go and pour tons of money into something like a Sheepcoin on the Robinhood platform versus on the Coinbase platform. I think that if you broke down market share based on which brokers attract which type of clientele, I would argue that you have more yolo traders on Robinhood than versus Coinbase which has fees and is a little bit more technologically advanced and a little bit more of a serious broker.

I think at the end of the day, this creates this environment where you have a lot of that easy retail capital that could definitely pour in on this, and you're in the situation where unique holders continue to trend up getting close to 900 000, but that's still one-fourth that of Dosh if you get to just half that of Doji's unique holders, that's about doubling the unique holders and doubling the amount of retail capital in this and creating a lot more power. And if you consider the free Pr, Sheep is getting all over the place and the fact that brokers tend to increase their marketing budgets dramatically towards the end of the year and towards the beginning of a new Year because that's when everybody else starts joining. A lot of people start joining brokers at the start of every new Year, and considering that the barriers to retail entry on this continue to go down and you still have that Robin Hood listing, I would argue that there's still going to be oodles of capital to pour in here. And to be completely honest with you, I don't believe that meme coins are going to retain value over a very, very long term time horizon.

But when you look at this retention, when you look at the retention here and how many people are willing to hold and maintain the last pump rally, it paints the picture that we are testing. a pivotal point. We are testing retention at a time where spending for retail trading brokerages is about to explode at a time where sheep coverage on social media and on news media is exploding. And I would argue that over the last week since Sheep has been sleeping, a lot of retail traders have slowly started watching it, and a lot of retail traders have capital on the lines and they're like, hey, when this starts showing a little bit more proof of concept or at least a breakout, I'm gonna pour back in.

Generally speaking, the reason that a lot of meme style stocks don't run and then all of a sudden run massively is because a lot of people are watching them. but they don't want to buy in because they don't want to lose money. But when it starts running and showing proof of concept, they're like, okay, let's pour in. You get a Fomo crowd, you get the breakout rallies and all of a sudden you get to another point and then you have another retention cycle.

As long as this can retain, I'm going to continue to cover it because I think it's a good setup. I think you give this a week or two more of this retaining value and I'd be shocked if you didn't see another rally. That said, at the end of the day, I'll continue to reiterate, this is a speculative trade and a speculative analysis. This isn't like when I analyze a company and I can actually look at revenue projections.

and I'm not just analyzing retail sentiment and behavior at the end of the day. Speculative trades are fun for the adrenaline rush, and if you have proper risk management, they can be a good part of your trading, but they shouldn't be a big part. They should be a small part that caps off the video. If you have any questions, feel free to reach out to us below or join us on Ziptraderscircle if you'd like to learn how to trade.

With our private chat, our daily morning briefings as well as our step-by-step lessons where we will walk you through everything that you need to know in order to learn how to better trade and manage your account in the stock of market. Well, we'll go ahead and put a link to Zip Trader you below. This is not the type of course where you can buy it and get away without doing any work. This is something where you're expected to put a ton of work in and effort to get any sort of result.

When I buy something, you better bet that I get every single dollar worth out of it and I expect the same from you Anyways, have a good one and I'll see you in the next video.