The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. Hello, I'm Basil Chapman on this Friday, last day of the week, the 5th of August, and we're looking at a very interesting market. Let me just go straight to this because I get my webinar coming up on Wednesday. I need to show you a couple of things that happened. I did this prior to the market. I wish I had done the other one and I thought now I'll leave it because I'll do it live during the show and I left and what a pity because that would have been good. So the 120-minute E-mini was trading up at the 14, somewhere around the 41-66 level right here at about 22 that was last night at about 10 o'clock and then it starts to come down and what I had drawn in this was in the evening, let's see 5, I had drawn this in about, I can't remember where it was. I think I did this last night just before I left all my stuff and decided to go and read. I drew this in and I chose that as the fulcrum, as the midpoint, as the plumb line and I drew in the left side, right side and I thought you know what, I'm just going to put this in because I've been doing it a lot lately. I'd never done it before. I'd always drawn in the cross hairs so that the arch or the rectangle left side, number of bars I call it the equity of the bars on the left side to the bars on the right side, but I'd never really put down the price and the time. I just took it for granted that would be it. But I've been doing that for the last two weeks on these trades and certainly on these positions. And I wrote in 720am at 41-47 and that was the low that was made yesterday just after four o'clock when there was a dip to the 41-40s. And I'd put in 41-47-50. So the price comes down and it goes to exactly that at 720 and starts to bounce. And I'd sent out just before eight o'clock, it must have gone just after eight o'clock to my subscribers, that we want to take profits in our three times long positions only because just to take a tad off because these are trading vehicles and it seemed to me that it was most appropriate to take something off and keep the huge core position we still have because we'd just taken a little bit off and that was quite timely. And then what happened is it ran to a peak B and it smashed down where was it? Yes, so it smashed down and went all the way down to 41-03.75. So then I'm looking at this and what happened is in the checkmate methodology, and this is what I'm going to be teaching, the reason why I'm doing this now is because this is exactly what I'll be doing to show you the same methodology that works for the one minute, the five minute, the ten minute charts can be thought of as time sequences in the daily, weekly, monthly charts so you're learning the technique, but it's as if all I've done is I've accelerated the time, but nothing else changes so then I talk about a rectangle, a narrow rectangle formation can last a lot longer than your patients. Well lo and behold, once we hit that low of 41-03.75, we went sideways but I drew in at the bottom here you can see that I chose peak A, peak B that low wasn't taken out with a tiny little doji low, it went pull back and made a great peak A and B because it was under the previous one and then it started to see, but before that I chose a particular candle to do a left side or right side price time match and I put in 41-26.50 by 9.40 am and lo and behold this is the beautiful, this is the bowl I went a whole bunch of time yesterday and the day before talking about this bowl formation, now when it breaks to the upside you can actually expand the midpoint of the bowl to the upside if everything works out, but your objective always in the chapel wave is to get from a buy signal upgraded to a buy mode to at least a peak D, you can go E, F and G, but D is your objective well what did this do? It went to a peak D what's the other thing I've spent months and months and months talking about the importance of a 200 period exponential moving average why? Because this 200 bars, look back that's a long time 200 bars, well the 200 bars said that the 200 period exponential moving average which the E-mini, one of the chart was trading above from about 7 o'clock to 7.30 this morning and ignoring to a peak D in the daily chart just before the 2 minutes or 3 minutes before the news came out at 8.30 and then plunge below the 200 period moving average, what's important about the 200 period moving? Nothing when you're down here, but what's your target on the upside? Boom! It goes to just under that at 9.40 goes to, I don't know what it went to my target was 4126.50 413.50 just under the 200 period moving average pulls back the technique that I'm going to teach you how to hold a position longer than you would think keeps you in the trade still keeps you in the trade then it goes to peak A, peak B it hangs around it can't break that 200 period moving average tries it again at leg C can't do it pulls back and then whoosh it goes up to a D pulls back again and now it's made an E and what I wanted to do and I'm so sorry I never did it because that is the next step in the methodology that I like to teach is at this very ugly candle this huge candle at 8.30 I wanted to say I would now go to not the high because you have to go one step at a time it would be silly to say oh we're going right back to the high of 8.28 this morning I like to go to about the halfway marker and I would have drawn in a left side right side price time match well this one I would have thought was too short it needed more time so I would have gone to a next candle or a focal point of importance and I would have put it in somewhere over somewhere over here at the bottom right there and then I would have said left side right side price time match can it do it and as it was working along if it started to move that way I said okay either move it my plum line has to be moved whatever and let me just see what I would have done right there and now let's go to the right and see what it was and it missed it by a certain amount of time but it certainly got there in a later time frame so as it was moving to the right I would have said visually it just doesn't look right I can't do it mathematically and I probably would have gone to the next lower low which would have been this right in this cluster here which would have moved me up about six bars and there would have been six bars there and then six bars again and that would have taken me somewhere close to D so that's the way I would have worked it but histories I mean you can look back at history and you can say anything you want nobody can argue because these are the facts are then this particular instance it would have had to be quite a bit more than the 940 time frame so yeah it is and where is it now is this a leg F or is this a brand new at 41 49 where was the breakdown the breakdown was right here at 41 58 was it Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold project Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista Gold has all major permits approved and has retained CIBC capital market assistance evaluating alternatives and in completing an accretive transaction Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC Vista Gold executing a strategy to create shareholder value are you looking for a way to consistently add winning trades to your portfolio Tom O'Brien is here to 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traders just visit the front page of TFNN.com toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> I keep getting asked what do you do call it live trading you know it's live and you could be trading whenever I've done it there have been people that have actually been trading I consider it to be important to be teaching because that's the way you can repeat that process over and over not get a one-time gain or whatever it is so it's still difficult for me because I don't know if I can actually set myself up to actually click buys and sells on the different things I don't know if I can change all the different parameters quick enough as it is I was so busy with this this morning I had everything in place I forgot to hit the buy button right here when I got this crossover of the 9-period moving average at 41-11 and here we are at 41-48 so I just I don't know I don't know yet but what I have done is in my little reamble the little booklet is actually just its notes on different techniques I've refined it to the point where I'm really comfortable with it that I will send sending it out to people attendees to my workshop and it'll be succinct it'll be you want to scroll through dozens and dozens of pages it's just going to be really you'll read it it'll be very clear I'd like you to get it before the webinar and I'll still make a decision because if I can set it up in such a way that I'm it's just a matter of being comfortable it's not a matter of doing it I do it all the time and we can and I'll change to whatever you want to look at for instance if you're looking at name me something we were looking at Apple yesterday let's go to Apple again so maybe if it's a trade you want to trade just a short term I mean a small a lower price you don't want to trade under $65 stock but look yeah there's your low bar there's your peak peak A peak B what's your objective is always to get to a D and D other things can happen there it is it's stalled but then a star to brand you A B C that's not quite a D and there's your D could even touch a knee I mean this is yes the technique right here we just did it now that's history I like to do it like I did the other day when you're doing it live and that's important you could play let's say you want to trade somebody give me a low price stock we've got a question at the end about GNUS let's see what that is okay that's not enough bars that's something different we'll look at that in the let's look at all right I just had one pop up trying to think low price low price low price let's go to NG we don't have this we did have it once we don't have it right now nope I don't like it there's more bars give me something low price anybody in the den just something in the teens or the single digits where you got a lot of volume so that I can do it TITN TITN not enough bars I need to have bars this works just fine it's just that there's not much point CX CX that's now for a one minute chart I need something that really has a lot of volume I see why am I forgetting it I know these stocks like the back of my hand why am I suddenly stalling here stock that's let's go to you know what let's go to the inverse of the TQQQ there you are the T there you are that's price movement it's low enough it's $35 so yes we do own the TQQ we took a little bit of a profit this morning that was on on our one of our positions and it was like a 31% gain still have the core position still have another position as well we also using that as trading vehicle see here we go look peak A peak B peak C that is not a D didn't go higher so you have to wait now what I tend to do and this is what I'm going to teach that really helps to know this particular technique if you get a little wiggle in say the on balance volume right at the P the second C I'm prepared then to say this is a peak C1 and this is a peak C2 right there and now what we've got is a pullback as if it was a peak D because everything met the criteria and now we started a brand new A B D and now I continue because to get a second by mode and then think that this could be a chapter wait instant restart that's just asking a lot for this particular thing so I go to an E and an F so in the trade itself I haven't got a cell signal look green is the way above the 14 it's nicely above the 200p moving average of 35.82 TQQQ the pro shares ultra pro QQQ series 300% long not a bad trade I mean it's gone from necessary only recognize right here 3465 is now 3590 a point that's a that's a huge percentage on a 20 minute 20 minute trade so we're just looking at this and all I'm saying is I had these are the types of techniques that I want you to be able to use and I to call it a trade is a trading workshop is very different to doing trades within the workshop because you're demonstrating the techniques I have now refined the verbiage that I give and the patterns that I give for you to have as a core to study over the over the when you as soon as you sign up it'll be sent to you and at the same time I've done all the work but I just I haven't got myself set up at all to actually to put on all the different trades that's going to make a difference so let me just press this e s u u to go back after it's a pity because we do the trades but to make it official I don't want to mess around it's either going to be official I make that I don't have any problem doing it I have a technical issue that I need to deal with okay let's get back to our story it's enough already so these are all the things this is just live let me show you now question on gnsu it's in leg c at point 90 g n g n e can genus I can never remember what it is and it's always brought up and I used to I had this notated a long time ago genus brands international ink let's see let's see let's see yeah a question came in about Larry Larry is spinning a lot better and he should be on Monday and he'll be switching time see time with Larry is going to take Steve Rhodes time Steve's going to take Larry's time so Larry will be doing the later time the one o'clock and Steve will be doing the earlier time the 11 o'clock so just let me look at this what is it actually I want to do other things as well so I'll do this real quickly I'll put in what does genus genus brands I used to remember well but now I don't genus brands I think it's a conglomeration do yes a leading global kids media company developing produce they are now remember licensing and broadcasting brand of children's entertainment properties and consumer products for media and retail distribution I like it very much as a sector that has upside potential I don't know anything about it but that is an area when it comes to kids parents are prepared to pay quite a bit but I'm going to look at it purely as a chart formation and the chart says and of course remember your trading you're looking at 89 cents stocks this is for very few people and it's got a rectangle formation oh I'll talk about this because 95 cents will be the big issue if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30 day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds the XAU, HUI, GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN.com don't miss out on the next great gold trade sign up today TFNN is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology using this 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it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors we're looking at GNUS trading at 89 cents up 4 cents it does a whole bunch of insurance programming brand insurance products media retail distribution etc i like this isn't leg see remember the cup formation we looked at yesterday with Apple so this is two rallies and this was taken the longest period to get back to that kind of 90 level where it was I think it was just over 90 what was 91 a 93 high on the 18th of May then made a cup formation and then took forever to come back and actually just nick the left side low at the little doji can two doji candles and started to move up I like it but it's a different kind of kind of we all together this is one where I would not put a huge amount of money and I put money to say hey if this doubles or triples at any point it'll just be a nice addition to give me some cushion in my portfolio not enough to make a big difference because hey do you want to become a billionaire buying half a million of these and then have it go down to five cents at some point or back again to even the 50 cent level get kind of half or in other words if it goes up very sharply to the fives or something like that no I think this is where you buy it I like it I think it's acting very well it's making enough movements to get to the magnet of the .95 200-period moving average and then it might stall a little bit this is one of those that if it works it needs to really quickly get to the major left side high that was back in March I think it was March and March yeah March the 29th it had a high of $1.15 that doesn't sound much like much you're going from 90 or 89 to 11 that's a really nice percentage gain so yes I like it where would I add to it I'd add to it at about the 0.83 level to point I don't actually want to get to 0.81 but 0.83 just under 0.85 maybe add a little bit but cheat this only as a trade it doesn't matter if instead of being at 90 cents it could be $9 think of it that way and at the same time it's getting closer and closer if it can get to 0.92 that 95 level on the 200-period moving average is a magnet it hasn't been there for a long time and once it does it it might chop around what you really want to see with a low price stock like this under a dollar is that it very quickly goes to the 1.25 level if it does that that's fabulous action then it goes back to the category that says all it looks like a biotech all those big spikes of the spike that was made back in this is GNUS the spike that was made back in August of 2020 that's two years ago but it went from 1.05 to 2 that's a huge move oh what am I talking about to 2 I didn't even see that I mean to say to 11.73 11.73 and then close back at that level and it's done at a number of times a big move up and it closes the bottom you want the big move up and then I would say take as much as you can and keep a core position that's the best way to trade it alright we're talking about GNUS alright now we want to get to some other things but I wanted to just point out that this is the period the objective in the Chapman wave is to what is to get you from a bi-signal from an introductory entry at a low point to get you a peak A and a B and at some point you want an upgrade from a bi-signal to a bi-mode with implication is that all the technicals are suggesting this particular instrument that you're trading should go or positioning should go to at least a D and D other things can happen yes it can go higher but that's kind of often where it starts to stall so once again in the Chapman wave methodology identify the low bar count each successive peak at the fourth highest peak other things can happen it can recycle there's a whole bunch of things that I'll be teaching or reviewing for those of you who know my work well and that's what we'll be looking at so now what I'm looking at in terms of patterns let's just do this because I didn't do it earlier on look yes the doubt what was the objective we had a bi-signal from the low and we've added to the diamonds in and out you know we've had a good good positions and now it's gone to PD and my rule of one three six meaning one a resolution to just digest gains is fantastic three days is really good when you get to six days it just means you have to trigger a whole new bi-signal which is kind of what happened right here on that move January around about the 13th or so and it did it went peak C and then three bars two bars rest the third bar started and you move leg D doji candles I have a particular doji candles look like a plus sign they're really important to monitor when you get there other things can happen the closer you get to the turn to period moving average the greater the chances are to become a magnet I have a whole section now that I'm going to talk about magnets it's the chaff wave inside track repellent propellant magnet line this is the media this is the zone that we talk about when it broke out I said this is going to have to be support and then you want to move up you can go one to one to the upside and it's done there look at the S&P what's the S&P do S&P went to a PD little tiny doji candle we call that in chaff wave methodology a silent doji because it was off the high unlike the low which was a doji candle at on the 17th of June at 26 36 87 here we are with a doji candle says if you close below this left side low you can take a little longer to digest these gains you got to be careful there but at the same time what are we looking at isn't this good action minus 10 after this terrible news about well wonderful news for the pay for the number of people in the pay the payments the everything to do with it the jobs the payroll count just everything about it is good except that's not what the Fed wanted to see that's okay I think it's really important I think it's more important probably than the Fed at this particular time and here we are in the chaff wave instant restart sorry that's something separate in the chaff wave repellent zone right there let me get that back again I moved it there it is so this becomes green once you get close to it it becomes green underneath it just a fraction of an inch I draw another one and all of you have parallel lines so there should be no no excuses not to be able to use some of these techniques maybe you don't have the arch formation you can make it up like a V doesn't matter it's the principle of going for one point down and then back to that point or one point up and then back to that point so this is now the resistance the repellent zone it was a repellent zone before will it do that again we just don't know okay but I'm holding pretty darn well chaff wave Roman candle I'll talk about that just in passing because unless it shows up it doesn't happen that often it's just something to know about the whole rule of thumb about the chaff wave Roman candle which made the higher 48 18 point 62 in the monthly chart of the SAP when it did that a month after the top in October of 2007 we said whoa be careful a break under the wick would be very negative and that's what we got yeah we got two breaks under the wick we got another chaff wave Roman candle and it's been going down now we're looking at the first gray leg a in the monthly chart there's a lot of work to be done but this is still not bad action when you think about everything that's gone on for the last seven months and 18 to 36 36 30 what something percent it's kind of what you see in a normal retracement in the S&P this is maybe not a normal one we'll see what happens there with the QQQ along the QQ aggressively along the QQQ because we've got the 300% long but all wishing just a little bit each time it gets to what we want as a target this is the leg E fabulous action chaff wave inside track is the repelling zone yeah that's what we can I'll be back in a moment Basil Chapman I can take this this coming Wednesday August 10th Basil Chapman will be hosting an all-day live webinar from 9 a.m. till 2 p.m. eastern time while he'll be presenting the technical tools based on the Chapman weight methodology a full in-depth course on his entire trading system over the five hours of live education Basil will discuss studying and practicing entry and exit points assessing where to add or subtract from positions utilizing simple technical tools for holding positions longer taking bear charts and adding notations tools and patterns as well as identifying free core formations that repeat in every time frame and much more when you sign up you get a chart booklet emailed to you immediately to start studying and you gain access to his daily newsletter the opening call a $149 value the cost to attend is only $295 and the full five hours will be archived don't miss this live special event Wednesday August 10th with Basil Chapman for all the details and to get started today visit the front page of TFNN.com right now is living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices target prices and stops to set for each trade delivers his weekly newsletters every Friday with updates throughout the week you can get the technology insider at TFNN.com for only $37.50 sign up for David's newsletter the technology insider and get an inside look at everything the technology sector has to offer try at risk free today with our 30 day money back guarantee TFNN educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade LABU or LABD directions daily S&P biotech three times bull and bear ETFs visit directioninvestments.com slash biotech today to consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at<PHONE_NUMBER> the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ hello so yes look at that that was a peak F and never broke that high right there that was in the one minute charge at 4153.25 and now you've got what a rectangle formation rectangle formation can last a lot longer than your patients and that gives us time to do all the other things that I wanted to do let's go to Microsoft the question was Microsoft is trading 5 trading days ago at round number high of 282 Microsoft MSFT did I notate that I think I did no I forgot I did notate what was it that had a round number low one of the keystone was a test or something had a round number low and then moved out from there remember I look at round numbers I'll talk about round numbers as well if it comes up in my webinar can't cover every single thing in detail but I can cover everything as by the way such and such and such and such so Microsoft is making a peak E as we speak I got that should be a plus sign always put a plus sign above the D and the E now trading above number okay so this is really important I love that question and that to me is so important in the sense that it gives you so Hector this is what happens look you've got Microsoft on the 29th of July makes a round number 282 at a leg D that becomes a peak D with a doji candle and another pullback and then just a modest high the next day that's three days later the next day after the trophies made and it goes to a leg E and it goes to another high E on the fourth that's yesterday at 283.80 I think it was yep 283.80 and today's high so far is 283.65 16 cents away from making a new recovery high but look at the chat wave inside this is the channel remember now I've worked with channels ever since I began ever since I could draw a straight line I've worked with channels I talk about channels all the time I have a way of looking at it and one of the most important ways is that it needs to break just do this and then I'm just going to check on the time there's a lot I want to get through today yes so this I'm going to make this I'll do a lot more on this on Monday but this is what you need to look at so you see this chat wave inside track just it's so easy to draw you can even print it out just draw it you don't even have to draw it actually I do visually I mostly draw it so that people can see it because I can see it otherwise look I knew that this is a trend line down now this like the Dow was treated the breakout in its daily chart and churned the propellant the repellant zone into a propellant zone 269 to 272 is really important in this coming week for Microsoft to hold at this particular point it looks just a tad overboard but the 200-period moving average which I didn't even know about didn't even ignore it hadn't even heard of a 200-period moving average while it was trading down to 241 because it was so far away look what happened it gapped down back in April below it and it said goodbye that's it after the peak out between the chart wave and then what happens it goes peak ABC then a new ABC underneath that previous that's called an overlapping wave when it gets to a D and that D is very sharp and it takes it right to the 200 pre-moving average now at D it's showing good relative strength I'm suggesting to you that Microsoft is trying to build a base from which to start another move up that can take it into the 290s until it does that it might have just chop around you a little bit more now this has the potential to become a chaplain wave right there stalk leg formation because so far it isn't a rectangle it is definitely looking more like an oval so if it takes the time doesn't break it cannot break in this pattern it just it cannot break this low right here it changes the pattern it might not have the same result that's 272.38 so far it's acting well and it suggests that if it takes out by Tuesday or Wednesday 292.94 today's high is 283 that is a break out of significance and all of a sudden is starting to propel itself into an area it hasn't been since April and that's the reason why I'm saying I want to remain along I'm not a bear I'm a bull but there are certain stocks that have had a big move to the downside and are only now starting to move higher and that puts into the category of the reason why I'm going to the QQQs and okay K is still on my list to enter on another big pullback we'll see because I think those stocks can have more to the upside and a stock like Microsoft which has gone for over eight months from its high at 349 back in November to the low that was made 241 just recently this is starting to move to the upside and that's a good sign XOM is I'll just do that right now XOM made a peak be underneath the previous high this is a pattern I'm always afraid of because it could be spectacular but it could be a spectacular failure this peak F in the monthly chart with X100 105.57 and a peak F in the monthly chart is suggesting that it is trying to form a new base but it is not it is not the leader that it was before and therefore you've got to be really careful. Is this a trap for the bulls of the best? I'm just saying to you that I think that XOM is going to be trading XOM trading at 89.45 up to 2.25 I think it's going to be in a trading range for the entire next week going between I'd say 92.70 but it must hold 86 I'm going to say 85.50 the break under 85.50 says that's the pattern that works fantastically if it fails on that right shoulder this is called the right arm failure pattern right here or this is a single leg A to the upside that could become a dreaded H I'm worrying about that the move that we saw the last two days that's not good and it tells me that energy is very specific for instance we have an energy stock but it's also natural gas and it's gone from 45 to 51 just recently so I should add that if you sign up for my course you get my newsletter and we've had some really good positions and not everything's worked but we've had some really big moves in the newsletter so that's important now so that was that the next question came in let me just go this one at a time I hope I'm not skipping anything KZIA KZIA I can't do KZIA at $1.97 this is just way too risky there has to be news this is Kazai something therapeutics so something's gone wrong here some of the therapeutics stocks are just unbelievable they've had spectacular moves this one is doing the exact opposite to the downside no I can't touch this one anyway next question came in TITN did I can do TITN we're looking at Titan isn't the big wheels oh I used to have this all written up Titan machinery don't they make the big tires or the big wheels or something you see this low bar here the whole thing about the chaplain wave is only at a peak D can the low bar be the high bar not anywhere else when you start off a move you can't call this leg A because you haven't made a trough you have to make a higher low that starts the move to the upside so that's your peak A oh so folks I was asked if I would do it I've made it kind of need the time but it is really so important in this particular market I think I will be able to do Larry's show coming up as well Larry's hour not his show but his hour but of course Larry gets changed next week so yes I'll stay I'll do his next segment and then I'll stay for the next hour are you grinding in the market but seeing little to no return or are you a successful trader simply looking to make your job a little easier learn to take the path of least resistance with David White's powerful trading newsletter David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find share winning trades support and resistance define the ranges in which stocks trade by understanding these trading ranges David White is able to find a path of least resistance David White's trading newsletter the path of least resistance is delivered daily before the markets open to make every trading day an easy win visit tfnn.com today and subscribe to David White's ultimate trading newsletter for $119 a month and try 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educating investors this segment is brought to you by Think or Swim for more information just click the think or swim banner on the front page of tfnn.com yeah I have a lot of questions coming let me just do this real quick three more in the next hour when I do the 11 o'clock show so I'll go in sequence again and so Titan is Titan machinery TITN at 29 57 Leg C maybe a peak C today I like this very much it's in the right area it needs to hold 28 30 to 27 50 on any pullback a bigger pullback than like today but if it if it can break 31 next week it's at 29 57 if it can break 31 close above 31 that not only improves the weekly job it improves the monthly so this is full service agriculture construction equipment advanced micro devices next one AMD AMD is trading at it's right on the 200 period exponential moving average it got to peak D what's the objective to get you to peak D we are along the semiconductor devices via the S O X L we've taken a little bit off today nice 31% gain just on that small position that we took off that is most importantly it's holding it off that sell off yesterday and then the terrific close that's a nice action this is in the weekly chart look the chat we've inside track it actually moved above it so the key support now is it's 103 next week it has to on any any pullback 97 is really important to hold and I suspect it can get to the 106 area but it might take it might not hold it for a while this 200 period moving average I think it's going to be a magnet for a little while we're back plus all those other questions that Daniel has described a second I have got to show them