In this YouTube video, the host provides a detailed intraday trade review for two stocks—Rocket Lab (RKLB) and MP Materials (MP). For RKLB, he outlines the pre‑market bearish trigger below $83, the bullish trigger above $84, and the subsequent price action: a rise to $84.91 (first target), a pullback to the 200‑EMA at $82.68, a brief dip to $82.11 (downside entry), and a high of $85.96 that missed the $86.03 target by $0.07. He notes the wide $78‑$86 range and suggests the stock may stay within it. For MP, he describes a bearish pre‑market trigger below $61, a bullish trigger above $61.50, and the day’s movement: a rise to $64.08 (target hit), strong volume, a brief sell‑off, and a higher‑low, lower‑high pattern indicating a possible rangebound condition. Throughout, he references technical tools (200‑EMA, support/resistance levels) and market behavior (buyer exhaustion, volume spikes). The video ends with a call to like, subscribe, comment, and a promise of new trade setups tomorrow.
Chapters
Good afternoon, traders. It's Wednesday, January 7th at 2:57 PM. Let's review our trade setups from this morning. We had Rocket Lab and then we had MP Materials. Rocket Lab inside day. You can see this on the right-hand side with this big juicy green candle yesterday, and then now we're kind of stuck on the inside. So really we need to get above $86 or I would assume this might stay in between here, 78 to 86. It's quite the wide range, but anyway, we'll see what actually happens here with this one. On the intraday, we were bullish above 84, bearish below 83. So 83 occurred pre-market, it popped its head in just dipping below 83 a little bit, and then 84 right at the open. We shot up through 84, hit our target 84.91, and then pulled back, tested our 83. Then we came down and hit our 82.68, my 200 exponential moving average here, and then we just kind of moved back up. So 84, that was a better entry here, waiting for a little bit for the pullback retest. This one, uh, we had targets are 85, And then $86.03 was our target. $84.91 was a target. $86.03 was a 407K print. This one came to a high of $85.96, so 7 cents missed our target there, $86.03. Anyway, this was a nice reversal. We had this— looks like buyer's exhaustion a bit, and then Turned over, came all the way back down and hit our target. So there was another entry here on the downside, especially with this rolling over, hit our target down here at 82.11 as well. Okay, let's go ahead and look at MP. Okay, so MP on the daily, we opened down here, pulled back up, thrusted all the way to 63.80, 64. And sold off a little bit. That's what it looks like on the daily. This is strong. Look at the volume here today as well. Very interesting. So we were bullish above 61.50, bearish below 61. So the bearish below 61 occurred pre-market. You can see that here. This pulled back and tested 60.35, and then at the open, the opening candle came down and tested 60.09. And then from here we kind of held and then bullish above 61.50. This was a bit of a mess here, pulled back and then took off a little bit later, 61.50 hitting our targets up to 62.80 and then 64. We had a target and then the high of the day was— I don't know, the high of the day was 64.08, right? So that was our target. And then similar sort of thing, it looks like this Sort of sold off after this massive, massive volume. It sold off, came back, fought with R2 for a second, didn't hold, back to R1. And then, so now this is a higher low, lower high. So let's see, we'll probably be stuck in a range here for a little bit. Let's see if it can, if it can work its way out, but it might be done for the day. We'll see. All right, there you have it. Those are your results for your trade setups. So please like, share, subscribe, leave some comments in the comment section below. Let us know how you're doing. And we'll see you tomorrow with all new trade setups. Happy trading, everyone.
