0:02 hey guys Brian from bear bull traders
0:06 here it's Friday April 20th just thought
0:08 I'd go over trade we did in the room
0:12 this morning I was watching three stocks
0:18 one was Skechers skx and another one for
0:21 a breakdown but I was also watching
0:23 square and the reason I looked at square
0:25 was because you know despite the fact
0:28 that the markets been sort of on its
0:31 heels as they say squares been holding
0:33 up pretty well so and it was sort of up
0:35 pre market and so I decided to watch it
0:42 for opening range break up break out so
0:46 you can see here pre market activity was
0:49 kind of bouncing here but I really
0:50 thought you know it sold off a little
0:52 bit just just right at the open and then
0:55 it kind of held and so I was watching
0:59 this level right here and this is the
1:02 kind of level it was a sort of highs pre
1:05 market and so when it jumped up above
1:09 there I took a long position and sold
1:11 most of it on that little pop because
1:13 things seemed to be a little bit choppy
1:16 right now it pulled back right back to
1:19 this level of where broke out which was
1:21 you know higher level of resistance
1:25 becomes support and you can see here it
1:29 found support and then I just held onto
1:32 to the rest of it and and sold it up
1:36 here as it broke 52 I kind of was
1:40 looking at 52 as the as my target so
1:43 yeah I don't always I guess I posted a
1:47 lot of trades that were break downs on
1:49 the open and thought I'd show you I
1:50 don't just we don't just look at the
1:55 breakdowns we can pray the the breakouts
1:58 to the upside as well and they work just
2:01 as well so kind of a dicey market right
2:04 now we seem to be seem to be struggling
2:08 at this level and we'll see what Monday
2:10 brings we've got a bunch of tech
2:12 companies reporting some big tech
2:13 companies next week
2:18 Amazon I think Facebook so you know
2:20 texts been getting hit hard over the
2:22 last couple days we'll we'll see we're
2:24 tech and the semies go after they
2:27 reports some of the earnings anyway
2:30 that's it guys have a great weekend
2:33 Brian a bear bull traders we'll see you
2:36 in the room on Monday morning bye for now
