What's up, everyone? All right, so in today's episode, I'm going to break down the price action from this morning. Today was one of those days where penny stock mania. We have a ton of penny stocks that are up. Everyone's focusing on penny stocks, and I get it. These are stocks where the traders, they want to double their money overnight. And so, they jump in with big positions. I mean, of course, you can buy hundreds of thousands of shares when they're really cheap, and hope that this will be the next stock that goes to a dollar or two dollars, so they can sell. Predictably, when they get up to those levels, there's a lot of sellers. There's big sell orders from those people who bought earlier. And, you know, in my opinion, these aren't really traders as much as kind of speculative uh position takers. I guess you could still trade it, but they're not day trading these because some of these traders will hold for several days or longer. And the problem is the win ratio can be really low. You know, for every one stock that ends up making, you know, this kind of move, whatever it might be, you get so many others that just totally fail. And so, I mean, even this one, whatever, that big spike, but uh so, the way I approached it today was I looked around and I said, "What's obvious?" I mean, you see HCWB squeezing up this morning right now after the opening bell from a dollar up to a dollar 40, up to two, up to 240, two 250, up to three, up to 345. 64 million shares of volume, up 207%. You know, it's it's definitely obvious. It's getting the attention. But, this is a stock that I'm going to find a little bit difficult for a couple reasons. Number one, the move didn't occur pre-market during the window that I typically trade the best. It occurred after the opening bell, which means we have to contend with stop orders, halt levels, and market orders. So, bigger whips. We pull up the level two on this stock, HCWB, and you'll see that this is stock that is more a bit more thickly traded. So, right now, as it squeezing up to this 380 level, that's the halt level. So, it can't go higher because of the circuit breaker halts. So, you have a ceiling on how quickly it can move before it either has to get halted for 5 minutes or it it it drops. And so, the issue that I have with uh stocks like this is that generally you you will have some lottery ticket traders who bought big positions when it was cheap and are now going to come out of the woodwork with 50,000, 70,000 share sell orders to just dump it all. That's a challenge. So, you know, right now as it currently sits, the halt level just moved up to 390, so you get an extra 10 cents, but it just feels like this area becomes more challenging. Uh and so, the result for me is that I didn't trade the stock and while I'm happy to see it moving, I look at these kind of with a bit of annoyance because you know, there's a 12,000 share seller up there. You know, as it's pushing higher, it pushes and then drops. It pushes and then drops. And even though it's up 270%, I wouldn't call this parabolic price action on the 1-minute chart. It's it's grinding too much. There's too many big sellers. So, yes, it's moving. Now, the halt level's 398 and the halt level will keep moving up, you know, 5, 8 cents, 10 cents, 407 now. So, it's going to keep moving up and shorts are going to get squeezed out a little bit, but then you get those dumps from profit taking, right? So, someone market orders out, takes some profit, you get a drop. You get some bigger sellers that get stacked up and people see those. And you know, I I think this is the type of stock that you really have to buy pullbacks on it. You just have to buy while it's selling off, which is a little counterintuitive. Um and I'm not as good at that, but and I wouldn't want to do that at this point right now cuz you've already got three big green candles in a row on the 5-minute chart. It's extended. So, now you get into saying, well, I got to wait for the next pullback. And you know, by the time that happens, does this thing roll over completely? You know, is it out of play? Will you really will this end up being a big topping tail on the one on the 5-minute chart here? And we just don't know. So, as it sits right now, I'm glad to see this move. I mean, it's better than having nothing for you guys to trade after the opening bell. But for me, I just didn't feel like I could really manage my risk on it and get the type of resolution that I would want to justify taking the trade. So, yes, it went higher. Had I known that, I just would have bought and just walked away and then sold right now. But, you know, that's hindsight and that's not the way it works. So, we had that one there. We had MWC, which is interesting. This put in a big move pre-market, as you can see here. It goes from 5 to 27, then all the way back down. Then it bounced off the low. I I struggle with these because it's inherently bearish that it had this much of a pullback. So, trading this bounce here, even though it's on higher volume than the initial move, just doesn't feel that safe. So, no trades on that one. RKDA, this one's cheaper, popped up earlier. Wasn't interested in that one, either. I left that alone. It definitely takes a high degree of discipline to watch some of these stocks moving and to say, "Nope, I'm not going to trade it. I'm just going to sit on the sidelines." Um of course, I want to be making money every day. Who who wouldn't, you know? But on these ones, I just feel that my risk outweighs the reward. And so, I I could take some trades and maybe I'll make some money and then I have that last trade and it wipes out all the winners. I go red and I'm just so frustrated. It's a defeating feeling when you have an inverted profit-to-loss ratio because you could have five, six winners in a row and then one loser wipes them all out. So, ultimately, generally speaking, an imbalanced profit to loss ratio is the result of not choosing strong enough setups. You're not choosing the type of setups that actually have the potential to make big moves. So, your winners are only what? 5, 7, 8 cents a share? They're just not big enough. And but sure enough, when you catch a loser, you know, you're losing the full um you know, 20, 30 cents, whatever it is. If you jumped in this for the break of of um HCWB, you jumped in that for the break of um $4, for instance, now you're down 70 cents a share. And how much did you have the potential to make? Because the halt levels, it was only going to go to like 407. 7 cents. That's it. You know, it's just it's just not a lot. So, you know, so now this is kind of like a step down and I don't know, it just it just feels to me like it's not really uh it's just not really worth it. So, anyways, so that's HCWB, FABC, this was um this one here, lighter volume, no trades on it. CODX, we talked about that one yesterday. You know, at this point, I just I don't want to overstay my welcome. Um I the the best days start strong and I build momentum. And today is a day where I wasn't able to build any momentum. So, the best bet is to shut down and try again tomorrow. So, that's exactly what I'll be doing. So, I'll be back at it first thing tomorrow morning. And I'll remind you guys as always that trading is risky. My results aren't typical, so manage your risk. Take it slow and always practice in a simulator before putting real money on the line, and I'll see you streaming tomorrow at 7:00 a.m.