 All right cyber traders welcome on back here this Tuesday this Tuesday afternoon shortly after 2 30 p.m. Eastern time Welcome on back for our afternoon meeting great to see Norman and Mark Yeah, Chuck and Michael joining us here as well Kathleen. I saw just a moment ago at Brian Ari Great to see everyone joining us right now Ron Laurie Gary live inside cyber group. I scared Ron I meant to scare you Ron. No, I'm not I'm kidding when I say that I hopefully I didn't scare anyone else Hey, you got to be awake to trade the markets folks So if you're not awake yet, you better get ready because it looks like we have a pretty decent market to work with heading into this afternoon That doesn't necessarily mean like an uptrending market. Just you know, just seems like a pretty active market altogether So let's hop right into the thick of things here Unfortunately, this new trade beginning to pull back quite a bit, you know Just made a lower high I guess and now beginning to make that pull back. I was interested in this trade going into this meeting I was hopeful to see this, you know, be steady, you know, run up pretty nicely So this drop off off the lower high is making me a bit discouraged to be transparent It's also on a bit of a spread the orders out there are more like to worry about It's just pretty thin liquidity out there on the bid outside of the order at 243 There really isn't a whole lot that you could see out there on the bid So if that gets filled this might end up dropping off a lot more than you could imagine So, I don't know. I'll come back to this stock if I need to I know that Fausto is Preparing himself for the phase 3 stock course So he's getting ready for that class coming up this afternoon for all of our gold platinum and diamond C2 students You folks know that'll be taking place at 305 Eastern time I know that Rich will post the link for that coming up pretty shortly. There we go, Rich I appreciate that. So without further ado, let's go right from top to bottom Otherwise again, I'm gonna keep this on our side list here this NEW stock for right now At least know at the end of this meeting if it ends up making a new pop I'd be glad to put this on our watch list But let's see what else we got here so far and for any of the other movers that we ended up catching from this morning We'll do a brief, you know quick little recap here So, you know to begin Ebon was actually one of the better moves from today from this morning at least No, it wasn't one that really had much pre-market activity It wasn't one that we were thinking about going into the open today and that's alright I mean hey for all the stocks that we had on our watch list We talked about exactly what we were watching going into the open at least on AMC, right between AMC the plug trade TKLF from yesterday to no Fausto felt more compelled to follow those But hey when the market opened up Ebon started pushing jumped up on our you know on our radar on our top percent gainers list So from that point, let me just show you this briefly I know that Fausto is going to be showing this later today not even in the phase 3 class But this is something I know that he has in his like webinar later today is free introductory today trading webinar after 4 o'clock today But quick little heads up Fausto was showing this here in class just showing the iceberg orders that were on the bid for the Ebon at 104 105 106 little 107 So that helped propel this trade made a really nice run up for you know a dollar stock Well once those orders got pulled from the book That's not your you know immediate tell to get out of the trade. It's possible those orders could move up higher But that's where I'll come into here come in to say you know if this stock is not going to make that next move up If it's not going to Then don't hold your breath waiting for that move to happen because for as much as this pumped up Ended up just dumping back down here back down to 111 10 and just like flattened out for the last two and a half hours So this Ebon stock for right now. It's off the table here You know just too flat for my liking if it was closer to the highs I'd be more interested in it BFRI at least after one o'clock tried making another run back up ended up making what what appears to be a false breakout Broke above resistance what seems to be from the chart here roughly off of 430 ish 435 and as quickly as it came back down under that blue line I just put up it ended up just trotting back down here So that I'm not too particular about that BFRI was a stock back from November or late November early December that we ended up trading So we're familiar with this stock. We've done well on the stock in the past We did well on it today at least but not a whole lot to write home about right now for meantime Bunch of cheapies here below a dollar here on the gainers list RETO above a dollar, but just flat So I feel like that's gonna be our theme here heading into this afternoon folks Not a whole lot that looks too tempting Speaking of AMC at least speaking of the stock that we had on our morning list AMC We'll get to that coming up folks. We'll get to that We'll likely put that stock on our watch list for the afternoon as a short But otherwise VTNR still holding strong here actually made a nice little bounce back up from 445 up towards the HOD right now No, it's only trading about four or five thousand shares per minute the average volume traded per minute So that's really not that impressive. I'll come back to this at the end like the new stock And you know, I'll write this down on our side list here I don't think I've really committed to anyone's stock this far to put on our main list Let's see what else is out here in the meantime though Just see if there's any other familiar names that look good that popped up recently rig RIG Hmm looks alright I mean this almost looks like there's too much liquidity out out on the order book for this trade Just look at what's out there on the offer on the on the matrix in red red on the right side of my screen You have an iceberg at 355 right for about a hundred sixty six thousand shares Well, if it breaks that it still has to concern itself with all these other larger price levels Just some thick liquidity out there on the offer But with the way this stock is looking here for the afternoon I'll put this at least on our main list You know feel good about it right now more of like a level one stock pretty low risk But trying to make that push for us right now HLX not a whole lot happening there Alright, and I'll tell you there could be more that's up today folks number 50 is up 10% So if there's anything else that's making a respectable move up or perhaps coming up on the way down here Then just type it in the chat board early, but we'll need to work together as a team at least first So let's keep going down the losers list here to begin the DLHC stock shortable down big I should have looked at the volume, which I didn't it's only trading 233,000 shares. So that's out the window AVXL, how about this? Where's Leda inside cyber group here? She'll probably get a kick out of AVXL down near 17% Long story short. This was actually one of the first stocks I got my ass kicked on back in like 2015 and ever since whenever it made a big pop or move in pre-market It rarely had ever made a big move That's up until last year when it made this nice run up over time So that caught our interest for a bit, but afterwards it dropped back down We took a rise office and this thing is garbage. I mean it actually is shortable It actually is pulling back and you know, there is some good liquidity on the book So as much as I don't like this stock for personal reasons I may be more compelled to put this on a lot on our watch list as a short pulling back down from 11 here Ron says AMC at the low of the day. Well, you know what? Let me jump ahead to that because AMC is not down that five plus percent ten plus percent Hell AMC is up three and a half percent still But AMC like Ryan correctly stated is at the low of the day It's the only stock I'm currently in right now I am short from 17 Ron and I was actually long earlier going into the mid-afternoon I ended up wasting a decent chunk of profit but ended up beginning to pull back and I figured all right Well, this could be our opportunity here now It's interesting because the markets are still holding strong or really for the afternoon They really were AMC we covered this trade from head to toe inside our live workshop traders talk earlier today That recording should be on the student portal later on this afternoon probably by the time the market closes So for Ron Grant Michael Laurie, you know if you did not take part in traders talk earlier the recording You'll be able to watch later on today But most of these lines the only line I didn't have up from pre-market was this purple one But nonetheless it ended up moving up really well today point being from where we left off in traders talk folks If you were with us in traders talk, this couldn't have been a better price level to anticipate as resistance We had so much volume filled in pre-market exactly off this like obscure of obscure price 1864 1863 if that's not the exact price there it held it near flawlessly It moved all the way back up there held it perfectly and then from that very point ended up beginning to pull back Actually, the short opportunity best could have been found right from 18 once it ended up holding 18 The opening bell print as a major resistance So I was following this throughout pretty much the entire day and as of right now I'm still short half my position from 17. I covered half at 1675 just at first before we started So I still have half of my overall position remaining and you know, I'm gonna put this on our list Not just because I'm in it actually contrary to that I think it was yesterday I was in a trade and I didn't put that stock on the watch list because I simply didn't think that was gonna be as Good of an opportunity for everyone else at this point Well, I'll tell you what AMC is dropping off really well So, you know, it's not just because I'm in it right now It just seems to be a very active trade and if the markets drop off then I would only anticipate for this to continue pulling back So AMC I'm gonna put back on our watch list here and in this case more as a short opportunity clearly All right, so I do have my stop set though Otherwise as you could see I wasn't gonna be a jerk and go through this whole meeting and not have my stop set So, you know, if this does run back up then I'll react from that point But doing pretty good on AMC here today. So we'll see where this goes going into the close All right, that was a mouthful. Let's keep going though. Otherwise PBI number six on the losers list going back to losers list for right now Just too flat here for my liking Let's expand this price column here HLIT much closer to the lows than PBI at least It's just too flat though. I mean, it seems really flat right now. So Again, I'm not too particular about this one just yet There's actually a bunch of stocks that are easy to borrow from trade station on the loser side here So that's catching my eye. I'm just trying to sift through them all and see if there's any ones that were familiar with or stand out To be honest, I haven't really traded any one of these stocks that are easy to borrow That's just about it. Otherwise CRUS I should have looked at the price beforehand $82 so not too keen about that one All right, folks, that's all you got from me here last call though for for everybody else If there are any other stocks that are making a move or any other stocks that you would want me to check out Personally here before we finish up. Just type it in the chat board. Just give me a quick shout here folks NETI is one I'm seeing right now from from Benzingo radar, but this thing's trading next to no volume So, you know, it's at the highs, but that's not too good right now You won you oh and he we're pretty familiar with it's up over five percent trying to bounce right now Just to spot you have a chart heading into the early afternoon. So although we're familiar with this trade I'm again, it's not one. I'm really jonesing for right now Well, you one could be moving because of this BYFC and BYFC is a stock that we ended up trading back. I think it was even in 19 if not 20 Let's see. Oh, no, it was back in 20 here Yeah, so we ended up seeing a few of these stocks move similarly between BYFC Carve CRV which is actually gaining a little steam right now and Then you won you one was actually the best of those movers back in 2020 and they all made the same move here going back into midway of last year, but out of all these right now BYFC is capturing my interest the most out of them I'll put the BYFC on the main list, you know, if the if the you won't trade gains more signs of life I would love to more more focus on that but not fully committed to it just yet All right, so we'll slip this one on for right now the BYFC. We'll see where that goes Are you asking about the fund trade FUN? Oh This one ended up making a big pop going into the mid-morning. I wasn't looking at this at the time Pretty interesting. Let me just look at the news right now. Just solely out of curiosity. That's not going to determine We put this on the list or not but pretty interesting pop So it looks like fun had an unsolicited non-binding offer from SeaWorld I guess that's the the report there by the rumor sell the news are So I don't think there's any official Headline out there saying that the buyout was made official So it ended up leading to a nice pop and reaction at first, but I don't know you tell me are you for $55 stock? How many shares are you trading? Is it worth trading a $55 stock? More often than not I think we know the answer to that question right now This thing is just uber-flat across the last 30 to 40 minutes. So we're gonna pass on this interesting pop at least going into the late morning Dica discovery from Chuck says had a $3 range on the day You're not wrong. That is correct $3 range just about from low to high Yeah, that's pretty interesting Chuck just because the ATR on the daily charts 192 across the last 14 trading days So definitely a lot more compared to you know average. So it could be a good sideless stock You know, this one's a little bit less expensive, you know better liquidity You know, it's dropping off good sideless stock I'd say Joanna says KSEP possible rebounds after a huge drop Not a bad thought because you're talking about range so for as much as a you know This $21 stock dropped down $9 today. When's it gonna bounce? Good thought But I would rather try and think about that on a stock that has a lot better liquidity than what you're seeing here The way this is moving we haven't had any sort of balance over the last hour hour and a half So it's a good thought but for right now. I'm gonna pass on it for right now From BJ Oh, PhD. What do you think about it? Well just popped up right now. So I appreciate this shout out here You know, this one slip past me. So great call. I mean right popped right at 230 eastern time So I definitely appreciate the afternoon volatility on this move. The volume is totally dying off here So that's a bit of a scare. So whatever news came out. Hey, it's peaking my interest We'll put this on our watch list definitely for the meantime. Oh, PhD I would anticipate for there to be support right off of 455 and if it's not a 455 mind you It would be right off of 470 as that was the opening halt print. So Draw two lines here. Let's see where it goes. Those are two big levels free to enter off of don't try and chase it otherwise Brian says the other fun stack PHUN not FUN ended up just popping with D-wack. Let's see. Let's see D-wack first. Oh This looks tempting. This looks good, Brian. Wow nice move up on this DW AC now It's pretty interesting that fun isn't making like the same type of pop with it It's you know, trying to move with it, but I'm definitely a lot more keen to follow DW AC Again, it's pretty expensive mind you suffer, you know Comparing apples to oranges in terms of you know, what would you rather trade? This fun trade hasn't had any life to it over the last 30 to 40 minutes Whereas the D-wack is just making a much sharper move up right now So hey, if you do trade the more expensive stocks, then you know, I'd rather you focus on D-wack for right now With that though in mind's fun I appreciate the call here for fun and we don't have too big of a list So it wouldn't really hurt us to slip this on our watch list alongside the D-wack trade I wish it was making a stronger pop with D-wack Brian. So I want to let you know that You know, if it was making a better pop at the time, I'd be even more interested You have Dan on YouTube saying SMP X. Sorry if you went over it already SMP X I'll tell you what this is probably moving up right as we were going from top to bottom. So Yeah, this one's a nice stock to follow now at this point. It seems like the spreads aren't too bad actually it's starting to Fluctuate a little bit here, but the stock itself is running up pretty nicely. So great call Dan I like this one SMP X will put on our list here, too And I'll tell you what I think that just about wrapped it wraps things up folks So all in all we got two four six seven stocks to work with Not too big not too little the shoe just fits. I like to say so let's take a look on new Unfortunately ended up breaking lower. Now is my concern with this trade folks. So this one's out the Out the window right now and then the VTNR. It's trying to hang in there I mean would it shock me to see this make a pop around 315 330? No, it wouldn't really not at all It just seems so lifeless though since that last run up here when we started the meeting So I'm not too particular about it yet, but if it pops we'll likely call it out from that point All right, folks for all of a sudden Facebook live for all of a sudden YouTube I appreciate you sticking with me each and each and every day each and every afternoon If you have any questions thoughts comments suggestions any feedback regarding these meetings We would like to share with us send it right over to my email address I always like to post my email here at the end of these meetings here in the afternoon Josh at C2Trading.com For all of our students like Brian and Bob and and BJ and Ron and Kathleen Ari Michael I'm gonna be back on the mic right at 330 in the afternoon folks gonna jump on to a coaching session with one of our students Probably trade AMC. That's probably gonna be my plan at least so we'll see where that takes myself and Ray Who will be joining me but for all of us live I look forward to talking to you folks later on today right at 330 take care