HYG is currently bearish: the close below the 50-period EMA is confirmed and it stays bearish until price returns above the 13 and 50 levels; yet he would buy around 77 and add, seeing it well positioned, while a head-and-shoulders break could cause a sharp decline, so he would use stop-losses.

Let's take a look at HYG . When you see HYG there, I want to put it down because it's a stock that has been both very good and very bad for me at the same time . And when you look at HYG now, we find that we have returned to the 80 level.

I remember that we were in the 70s and we bought there, and when we rose yesterday, do you remember that I told you that it would reach 76 or 77? Well, it reached 77 yesterday, just like I told you.

Then the price bounced back completely and we reached 82.

Now, we are in this area here, which is very similar to this one, except that this one went up and then went down. This is a kind of, you know, consolidation and it's still downward.

This is a downward trend. It's like this: big red, small green going up, big red, small green going sideways, and then you get another big red. Don't be surprised. Until that is broken and the market returns above the 13 and 50 levels, this is currently bearish.

The close below the 50-period exponential moving average is confirmed, and that is not what we want to see. We want to see strength. We want to take this to the appropriate level.

I am watching, and for me the buying zone is if it reaches 77 to 70, oh my god, 77. I might place a buy order at exactly 77 and take the risk , and I will add to this position because it looks well- positioned to me.

But you have a good left shoulder here. You have a head here, and I think we're going to come back up. If we build a right shoulder and break this level, then that's a head and shoulders pattern, guys.

I hate to say it, but we may see a sharp decline. Therefore, I will place stop-loss orders on my positions. I'm not entirely sure, but I'll talk about it on Discord, like I said.

There is a lot more to be done, but for now this stock is still in an excellent position, a huge upward move, and it is fluctuating here, and we will see if we can push it to the next level. I think we can. I think we can. I don't know.