0:01 hello guys team Ducks here welcome to
0:04 this video so today let's go over some
0:06 of the Gap up short not about short most
0:08 recent Gap up shore I would say the
0:10 statistics has not changed yet so I'm
0:12 gonna go over some of the psychologies
0:13 of the shorter Setters and the buyers as
0:16 well for the reason to mount I think
0:18 it's going to be really helpful going to
0:20 playing all these patterns in the next
0:22 half of the Year other than that let's
0:24 get into the video so the first one that
0:27 we have is vicg let's compare with The
0:29 Gap Hub percentages first the most
0:32 recent three Gap option we have is ipx
0:35 mmv and vicg now let's talk about the
0:38 first thing that we want to focus is it
0:40 has to meet the qualifications of Gap
0:42 upshore so market cap and flow first one
0:44 we have is initial market cap is under
0:47 100 million I believe the full is around
0:49 3 million to 5 million on MMD the other
0:53 one we have is ipx this one is also an
0:57 IPO I know history is on the chart MMB
0:59 also an IPO but it did have a history on
1:02 the charity faded all the way down let's
1:05 keep all that in mind we have b-i-cg
1:08 knits not the first time has ground yet
1:11 but it has round before so the only
1:13 clean chart we have is ipx compared to
1:16 viscg and MMD and those are the
1:18 differences and they have very similar
1:20 marking gaps and Float now let's get
1:21 into the intraday so the first one we
1:25 have is uh MMD it gapped up about I was
1:28 at 250 percent pushed exactly about 30
1:30 percent it had its weird up and down
1:32 consolidations once your craft has lost
1:34 its momentum it went all the way down
1:37 faded about 75 percent from the top
1:39 starting from four all the way to two so
1:42 the total range is about 75 percent then
1:44 believe let's take a look at it the
1:46 total 13 is starting from four so let's
1:48 put a mark right there range started
1:52 around I'll say when it's pretty one 75
1:56 yep exactly 75 on the first Gap up short
1:58 and the balance in the second day then
2:01 open The Faded again so going to the
2:02 second day I don't think it's really
2:05 worth it to short around 2.4 since it
2:06 hasn't bounced enough typically you want
2:09 to wait until at least goes around three
2:11 before shooting into uh consolidations
2:15 by using the resistance that formed from
2:18 yesterday then we have the icg this one
2:20 ran before so let's take a look at the
2:23 intraday chart the first one we had is
2:26 starting from 2.6 opened around 3.8 so
2:28 the total spiking percentage is about 70
2:31 percent from yesterday remember MMD
2:36 opened above 200 the icg opened around
2:39 70 so that doesn't fit a purifications
2:41 of Gap upshore and once you see the
2:43 consolidation that was formed the
2:46 difference between B icg and MMB this
2:47 one actually cracked whether this one
2:50 greased up another two three hundred
2:52 percent uh all the way from the bottom
2:54 squeeze all the way to 11 we're from 300
2:57 percent from the bottom and this one
2:59 doesn't really have any resistance let's
3:01 take a look got the May 2nd the
3:04 resistance that was formed before
3:06 doesn't have any type of consolidations
3:09 so not typically when you see a ticker
3:10 that I ran before doesn't have any
3:13 consolidations you cannot use this one
3:15 as a resistance candle also the volume
3:17 is overwhelming so this one has to be a
3:20 fresh chart no actual very solid
3:22 resistance one thing you want to pay
3:24 attention is if the stock opens less
3:28 than 100 I would say 75 percent and then
3:30 their branch is really tight shorting
3:33 into the morning push is not going to be
3:36 very ideal you can see this one pushed
3:38 all the way up so showing into
3:39 consolidation so it's going to be very
3:41 difficult trading these type of pattern
3:43 with really tight range on the Gap I'm
3:45 sure so that Gap up short criteria it
3:48 has to be the open price compared to
3:50 yesterday's close has to be at least a
3:53 hundred percent so on the icg those are
3:57 the difference between MMB and vicg now
4:00 going into ipx so we look at the
4:02 difference between admin B and bscg both
4:07 of MMD and the bscg uh ran before it's
4:10 not the first time they ran and ipx is a
4:11 completely fresh chart so let's take a
4:15 look at ipx which will be June 13th
4:18 first one we took a look at well on the
4:20 floor and market cap is it does qualify
4:23 the the criteria initial market cap
4:26 under 100 million now going to how it
4:30 opened so start around six opened at
4:32 nine so this is this one did not open
4:35 100 above yesterday's close so you
4:38 wanted to open the correctly it has to
4:40 open around 12. it didn't opened around
4:44 nine so this one does not fit the
4:46 typical Gap up short and you can see it
4:48 squeezed all the way up again starting
4:50 around nine when all the way to 18. so
4:52 this one doubled from the bottom we see
4:54 I drew tripled from the bottom and you
4:56 can see if the chart doesn't have a
4:59 history of its dropping 90 from the top
5:03 this one dropped 90 from the top ipx is
5:05 if it's on the fresh chart you can see
5:07 this one didn't really drop well there's
5:09 two things we can take from most recent
5:13 gappers first one is tire range at open
5:15 compared to yesterday's clothes if that
5:17 does happen always be patient wait for
5:20 consolidations if the stock doesn't have
5:23 a history of dropping 90 from the top or
5:25 didn't trade any type of volume before
5:27 no range was created it was pretty much
5:31 a flat chart then I would avoid the
5:34 first Green Day you can see majority of
5:36 the the consolidate and they don't drop
5:38 that holding over nine is pretty much a
5:40 gamble either a gaps up or gaps down I
5:42 wouldn't want Total overnight on this
5:44 type of fish chart now going into the
5:47 tickers that has tight cap up wrench and
5:50 crowded volume avoid those as much as
5:52 possible I would always avoid on the
5:54 first Green Day because once they form
5:56 consolidations it's hard to know they're
5:58 actually going to perform a mentorship
6:00 even though it performs momentum shift
6:03 and it cranks down you still don't want
6:05 to hold it overnight because first of
6:07 all it didn't fade at 50 found the top
6:10 this one only fitted about 40 and closed
6:13 I was pretty strong always a gamble that
6:15 this one could gupped up in a second day
6:17 because that type of consolidation
6:19 breakdown does not indicate the momentum
6:21 is going to shift typically uncrowded
6:23 one with consolidation breakdown there
6:26 is about 50 50 chance if it doesn't lose
6:28 50 percent from the top it can perform
6:31 either Gap up or gap down it really
6:33 depends on how much volume traded on the
6:36 current day for MMB if the stock
6:38 performs a large amount of range after
6:41 market open as well as it's not a
6:45 biotech I think it's doable after the
6:48 stock pushes and consolidates then it's
6:50 okay to aim for momentum shift so always
6:53 pay attention to how much French the
6:55 stock has created always pay attention
6:57 to the volume if the stock trades over
6:59 10 million shares in the pre-market be
7:01 very careful because majority of the
7:03 time you're running into a first screen
7:05 day then I Gap up sure so majority of
7:07 the time that you will get squeezed on
7:09 the first green day that will be all of
7:12 the gap of short or gappers in the last
7:14 couple weeks and hopefully you guys
7:16 learned something and if you have any
7:17 questions leave a comment below make
7:18 sure to click the like button and
7:20 subscribe I'll see you guys in the next one