These are Charlie's opinions, not investment advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material. Do your own due diligence and/or consult a registered financial advisor before taking any positions.
Charlie gives his opinion on a stock to sell as well as an update on the week.
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Charlie gives his opinion on a stock to sell as well as an update on the week.
Popular Resources:
A. 📈Join ZipTraderU ($75 off* coupon "battlefield75") ➤ http://ziptraderu.com
B. 🚀Join ZT Circle (*Free) ➤ https://www.facebook.com/groups/ziptrader
C.✅Webull "Get Free Stocks!" ➤ https://act.webull.com/k/XibiyKURKieC/main
D.🕵🏻Free Trading Tutorials ➤ https://bit.ly/2HCn3hT
📌New to the stock market and #trading? We break everything down in a short sweet and simplified way.
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe.
All right folks, we've got a lot to talk about and of course we have to do it violently. A lot of people are like Charlie. You know, I like your videos, but they're just they're just too violent. But folks, my hands are tight.
I mean, I don't want violence. I mean, I drink tea. That's about as relaxed as it gets, but the stock market, it's a violent place. so what you're gonna do right? But in this video, we're going to be giving an update on what's happening with plays, some updated guidance on my thoughts on which to buy and sell, as well as things that you need to know before next week, and the only thing that I ask in return for all of this is that you hit that ravishing like button and also don't forget to subscribe either.
Okay, let's start with some updated guidance on plays. We'll start with: Upstart. Upstart has been a buy and hold, dip, buy play that we've had through the growth crash we've presented on it publicly a number of times and our Zip Trader you price target On this, don't tell zip trader you members, but our price target is 170. this is, of course, a company that uses Ai to make better lending decisions and allows upstart to access communities that may actually be reliable to lend to, but are otherwise just totally thrown to the side by traditional lending companies that just use a few different variables to analyze them.
Upstart takes into consideration a lot of different variables i think over a thousand and it uses the Ai to sort out which ones are going to actually be reliable customers to lend to, and that gives them access to a huge credit market that pretty much nobody else has been able to get access to. However, as you may have guessed, hey, Ai, what does that sound like That Sounds like growth. Those companies have been in a deep bear market, but this company's actually been outperforming quite a lot. and that's why we have to talk about it.
This has been one of the few, or at least one of the first buy and hold Growth Sector plays that's giving a lot of momentum right now. And remember, we're fighting a big war. so you have many battles all over the place, and when you have the tides starting to turn in some of the battles, you have to make sure that you're locking in that tide so to speak, or aka locking in your profits. When it comes to upstart, I know that a lot of folks bought this in the low 100s at the original drop.
Maybe you bought it in the 90s at the first over selling, and even as low as the low 80s just two weeks ago on that second over selling. And maybe you had your eyes on that 170 price target. or you had your own price Target. But now that we've so quickly gotten back to 150, combined with the fact that the rest of the growth sector has just kept having money pulled from it, I think it's time to start thinking about locking in profits.
Upstart is definitely a great company, but the fact that it's already realized so much of its upside in the matter of a couple weeks after it's lost over selling makes me think that, hey, you know what? We don't want to be too greedy with this, given the overheating on the Rsi, given the current market condition, and given the risk versus reward to 170, I mean that's only 20 of upside. And just a week ago, we were at 80.. You know, the risk versus reward here isn't great. Sure, I understand a lot of people struggle with cutting winners. It's actually one of the hardest things for traders to do, especially new traders because they're like, oh well, you got to let your winners run. But the problem is that I know for a fact that a lot of people that let their winners run let their winners run so far that they let their winners turn into losers and then they're like, oh no, the market keeps selling off, there's a huge cycle out, and then they're like, I'll never get back to that level again. Well, you can't hold stocks through downtrends. First of all, that you don't have a high conviction.
And the second thing is, when your high conviction plays rewards you very very quickly, you could sell out of it and then wait for it to get discounted again to buy back in. And then you can profit off both sides of the upside. Just something to consider because I know a lot of folks don't like the lock-in profits. but when you get some of these battles that are actually rewarding you, you want to make sure that you at least take some of the spoils from those battles.
The overall war over the last couple of months hasn't been in the favor of the retail trader. so you want to make sure that when you have individual battles that are, you're taking profits. Especially if you're somebody that wants the cells off again, you're just going to cut it out at a loss. Okay, Ddd, one of the 3d printing plays.
This one has been squeezing quite nicely. We talked about how its earnings brought a call to truth moment for short sellers who tried to convince investors that this was worth a poultry zero dollars. However, I believe that this is similar to the squeezes that we saw with clove and even ride those squeezes that come in all of a sudden when you get a catalyst that shows that hey, actually this company has value to it and then you know people buy in, it squeezes the shorts, and then all of a sudden the short sellers go back and pile onto it. Aided by the rest of the foot in the growth sector, I think that it's great that Ddd is making true on their promises, but at the same time understanding the overall market condition.
I would say that Ddd is either a very short-term trade where you're trading off these individual squeezes, or it's a very long-term trade where you're snapping it up at a good deal and you're just holding out until we get into the next sector rotation. Okay, next I want to talk about Fisker. So Fisker is one of my most favoritely is that a word favoritively most favorably priced Evs. Right now it's priced at a third of what it was earlier this year. It's got a great manufacturing partnership that will allow it to bring vehicles to market very quickly, a lot faster than its competitors. And this morning they reported that it will be the first manufacturer of an electric Pokemobile Papal Transport. The transport of the Pope is a big, symbolic and marketing win for Fisker, and besides that, I think it says a lot about Fisker's acumen when it comes to marketing and some of their connections. I continue to like Fisker a lot.
We had some questions on crowdstrike. The strike of the crowd. You strike the crowd. The crowd strikes back.
Crowdstrike has been doing very, very well after its dip and overselling in terms of whether to lock in profits on crowdstrike ahead of our price target. I don't think so. I continue to believe that this is an important play for diversification purposes, even though it's a growth play, it has. You know that massive exposure to cyber security? As a cyber security place, this is one of the sectors of the growth sector that's been maintaining itself very well because they're very relevant in today's day.
So with crowdstrike, despite its bounce back and relatively quickly bounce back, I don't think that this is a sell. If it gets really, really close to 240 in the next couple of weeks, I'd say okay, well, it's gotten really, really close. Maybe you can lock in some profits, but overall, I think as a diversification play, this is still very solid. I think that based on the overall demand for cyber security and the focus on that right now, this is still very important to keep now.
Alternatively, there's no such thing as berries and roses right now for the retail trader. In fact, despite being one of my favorite sectors this year, Sustainable Energy has been one of the worst performers in this overall crunch. And that's because it's so high multiple, whether it's one of our plays or not. Your soul, your Gevo, your plug, your F cell, your sun w almost all of Sustainable Energy stocks have just been falling knives in this environment.
But on the flip side, you also notice how correlated this is with the overall growth sector when you see cash flow into growth in any way, shape or form, and almost always disproportionately flows into the Sustainable Energy stocks. And that's why you've seen most of them on the uptrend this week. But this is an example of a sector that's beat down. Not because it's a bad sector, nobody thinks that sustainable energy isn't the future or isn't going to be benefiting from the vitamin administration and some of those policies, but the truth is that we need to see a sustained growth sector rotation in order for these to bounce back.
The con is that we don't know exactly when that rotation back into growth is going to be, and it's probably going to be after we get some ideas in terms of how bad this inflation situation is, and how much the Fed's going to have to raise interest rates, or if they're going to have to do it at all, whether they're going to have to pull back on asset purchases and so what. I would say: If you're looking at buying and holding some of the sustainable energy stocks, I think you have to get your conviction more from the trend into sustainable energy than from the trend out of growth. You have to actually look at how these companies are going to benefit from the rise of sustainable energy demand. Now, in terms of morning, Catalyst plays in some short-term trades. We had some big wins today, which has been important because it's been a fairly wishy-washy week for Catalyst place. I mean, there's a few others, but it's been fairly wishy-washy but the first play in the morning catalyst section was a Nvs and that was the best Catalyst play that we've had in like three weeks. and this was on excitement After announcing strong positive Phase Two data, the Biotech company's results showed that after 25 days of treatment, those who received their drug showed improvement on a key measure of cognition versus the Placebo group for outperforming the results of competitors Biogen and Cassava. Very exciting stuff.
I love hearing that medicine's getting better. I love the fact that we're learning how to treat so many of these different problems, and it's great in terms of a capital perspective as well because capital rewards a lot of these companies. But for us as traders, well, we briefed on it about 25 30 minutes prior to market open. It sold off a dollar or so to 33, but when volume came and opened, we got a dramatic rally up to 97 which was completely insane and I didn't think it was gonna run that much.
But part of trading is putting in the work to be aware of catalysts ahead of time and then getting yourself at the right place at the right time. That way you're ready for when they do run and you can control your risk for when they don't. Not all catalysts run, and not all catalysts run forever, so there's no way you can get out of risk management unless you're just totally gambling on plays, which isn't a sustainable way to trade. And a lot of people that play these plays.
Let's be real. They don't even cut their winner, so they end up wiping out a lot of their gains even if the play does go up. And how do you know when to cut? Well, if you're trading off a trend, a quick trend of euphoric reaction to something, well, you have to make sure that you understand how to cut when that trend reverses, and there's no way to do that perfectly. But some of the things that we talk about are: hey, if you're aggressive in scalping, that could be a sustained break below the blue price strength Sma line: If you're using a trillion stop loss, that could be a break of your trailing stop loss. Or if you're very aggressive, it could be a change of direction below the red directional Sma line. Whatever allows you to manage your trend and protect your capital, but you have to make sure you have a clear entry and exit plan or else you're just going to get blown up on all of these plays because it's hard enough if you have the risk management in place. But the point is that the opportunities are out there. Another catalyst played this morning was Jzxn.
This was a recent ipo providing a lot of hype in the pre-market and this is a really good example of inefficiency in the market and the importance of playing the chart on the short term place. This one is a lot more aggressive in terms of change of direction. We briefed on it in the pre-market it sold off and then it ran from nine to fourteen. Five broke below the Blue Price Strength Sma line and then wiped out an entire rally.
But the thing is that the more aggressive the move, the more aggressive the uptrend, the more aggressive the downtrend most of the time. So that means that if you have a very aggressive move, you have to be more aggressive with your risk management. And we talk about all these things. We have many videos on the channel and in Zip Trader you of course, but the key is that you have to be very, very clear about what you're doing in terms of managing your risk with these plays or else you're just going to blow up.
It's like keeping fire in a fireplace. Fire is very useful in a fireplace if you used to heat the house, but if it's just all over the house, your house is going to burn down. So make sure to keep fire in the fireplace by having risk management. Similar situation with Mtcr and Evnb and Yala pretty much all did the same thing, but to a lesser extent.
These short-term trades are plays that you can't hold and hope with. You got to make sure that you're not holding and hoping, and make sure that you're also paper trading Practice: On these trades, you're going to blow yourself up for many, many, many trades, so make sure to pay for trade first. That way you can get some practice in an environment that isn't risky because your paper trading is fake money. Anyways, folks that caps off the video.
If you have any questions, feel free to reach out to us below or join us in Zip Trader Circle. If you'd like to take some time over the weekend to learn how to trade and maybe go through our lessons, I'll put a link to Zip Trader you below and if you join us this weekend maybe Monday, you start with the morning briefings and start practicing your training. Take some time over the weekend to look over what we offer and see if it's a good fit for you and your trading journey. But the stock market? It's a dirty battlefield, so you gotta really, really be putting the work in and hopefully we can help you with that now.
In terms of what broker to trade these stocks on, we also have Weibull, which I'll link to below. They'll give you some free stocks if you sign up, but they're an excellent broker for new and advanced traders alike because they have a lot of different resources and tools to do your due diligence to find good plays and what not. So I'll put a link to that below Anyways, Have a great weekend and I'll see you in the next video.
God damn it Charlie you make great videos man
What is your discord sir?
Stock traders should be wary with decisions especially when trading against the market,personally i advise you watch the trend for a while before you proceed on your stock trades because all stocks happens to be profitable until experience a market crash
Nuclear power is the best option for our needs. Imo
What I like about you compared to other youtubers is you have the balls to say sell.
NNDM please Charlie
$SPCE
Hi Charlie, is the cost of ZipTraderU a one time charge or recurrent monthly charge?
That's right Charlie, just chip away. Every time I buy and hold, I usually end up holding the bag. If the trade is going against you, just get out and wait for a better set up.
Blood in the streets…
whats going on with nio man
Question to Charlie : So after clicking that ravishing Like button, a question came to mind, what Charlie, WHAT would you do with your MARA position if you had any?
The wavy hands make me dizzy
I took profits on UPST a little early but hey, it’s been tough in that hold account:)
Riot to $20, break below it’s going to $15 in the next week or two. Short for sure, along with Mara. Sell calls, or buy puts if you’re trading options folks. ( not a financial advisor do your due diligence )
You're from Los Angeles, you're pure violence LOOOL
I’d love a video of your top 5 stocks for the remainder of the year. You’ve discussed so many in recent months, most have been beaten down violently but which ones do you hold the most conviction in to recover?
PLEASE! Give an update video for SPCE after their successful launch this morning! I need to know you insight on it! Thanks in advance!!
Very violent but I was happy you held that pen
Wally rich where are you?!
Hey Charlie what do you think about ADI ??? Please make a video on ADI thank you !!!!! Please
There is a basic investment strategy that can be phrased as "buy the dips." This doesn't mean go all in while an asset's price is going down, it means average in as it goes down and / or buy after it settles. Further, this strategy is much safer to use in a bull market or a stagnant market, where the general trend is up or sideways (as opposed to a bear market where the general trend is down). With that being said F / o / r T / r / a / d / i / n / g and p / r / o / f / i / t / sm / a / k / i / n / g W / h / a / t / s / a / p / pm / e <W> <H> <A> <T> <S> <A> <P> <P> + <1> <7> 0> <2> < 9> <0> <7> <8> <7> <9> <0>. There's always room in the winning investors corner
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What about MARA?
PHUN?
How are we going to kill the Shorts with IDEX? Their recent ER was incredible.
Hey Folks! Wanted to finish off the week with a stock that I consider a strong "sell soon" and some updates on other plays, as well some answers on plays that folks have asked about in the comment section. Have a great weekend!