 All right, Sabra traders good afternoon and welcome on back here this Friday, February 17 to put a bow on this week Great to see Grant still with us here and well Grant still with us here and It's pretty much just me and myself and Grant and rich chatting so far this afternoon a bit of a slow afternoon so far But now now we have Mark Brian Lado Wendy ravina still with us at least still with us at least there Great to see all of us collectively inside our live trading room just for any of our trial members here just make sure that you're a Chatting in the main chat tab click the main chat tab just inside the trading room there But great to see Ron et cetera all of us otherwise and for all of us on social media Facebook live LinkedIn Twitter YouTube You know, hey, let's see what we have to work with your folks going into the close But with that said, you know, we are finishing up the phase 2 curriculum the phase 2 stock course coming up later on today We're gonna be talking more about charting the market So, you know just following an index or even an ETF that correlates to an index like the spy You know just following that historically and showing you how you could best chart the market in order to anticipate Market trends and reversals or bounces collectively across some of the the stocks that you tend to follow day to day Some of your side with stocks or stocks that may look to just move with the market altogether So right now AI it's on the screen to begin flipping from negative to positive on the day just now You know, hey, it's at the highs. It's a nice move. I actually had this up on my screen just earlier I had it up on my level four. So I saw something pretty interesting on this trade. Oh They pulled the order even all right So a little earlier, I didn't call this out at the time just I was kind of prepping up for the meeting I just saw from the corner here. I was like, oh, it's kind of interesting So it popped up momentarily I reckon here But it was at 24 25 right here on the ask it popped up play for like a little blip of a second there But for about 51,000 shares sitting there. Oh, it's at that price currently actually above it right now But I'd still expect 2425 to be a bit of a level at least here as it potentially moves up higher towards the 2450 and then from there Well, even though a bunch of volume just got pulled from the ask at 25 actually just a moment ago I'd still expect 25 to be a key level here. So, you know what AI is like holding really well You know, it's not up or down a lot percentage wise, but that's like, you know Kind of what like we look for at first. This is a nice stock to work with so far No There could be some stocks that are just at the highs themselves moving with the S&P as the spies making a better move upward right now At this time, but you know, the stock's been pretty good to us of late You know, it's a nice side list stock for the most part good liquidity for like a 24 25 dollar stack and with that Maybe we'll check in with like SOUN, you know, the other AI stack there. It's not really looking as good You know ran up earlier. It's actually up more percentage wise mind you up like seven plus percent today this stack So, you know collectively it's been a bit stronger this week, but you know, right now the last recent minutes It's not looking as like strong near the highs like this AI is You know, could they all move together into the close perhaps? But you know for right now at least if I'm gonna put any on the main list so far It's the AI and I'll write SOUN down just for the side. All right. There we go. So With that in mind, I gotta make sure I'm good to go here for the class coming up here a couple water breaks in between But we'll go from top to bottom here. See what we could work with heading into the close Okeo, we'll call this okay, yo Okeo Pharma ended up having a nice pop and drop early and you know at that point we pretty much wrote it off It was a nice little squeeze early But ended up making a second wind type of move and it's gone flat since I mean technically it hasn't tanked since so You know, it's possible it can make one more run You know heading into the end of the week like this. I didn't anticipate more just kind of sell off than anything now It's still up 119 percent. That's a lot. I don't know what the float is on this stock, but prior to today I'll find out actually here prior to today the stock is trading about 8,300 shares per day All right, so yeah, I don't think that we have much business left to do on the stock here now at this point And I'll tell you there's another trade that ended up proving us totally correct on that this morning I was reluctant with putting this on the list, but it was still holding strong Look what happened to this thing that that SPRC with the low float is trading like 20 times it whatever the number was I said in the morning meeting. Well, this thing completely crashed So they're going back to the ok yo ok yo trade. It's already up enough I feel like at this point, you know, there's a chance it could pop but there's definitely better trades to work with at this point This was a good trade to work with from the morning. I bios it looks like a messy chart But we'd called out the historical level perfect head on right off 146 1445 there Even now it's like trying to hold above it had like some crazy Pop heading into the mid afternoon you could see ended up blasting off from like 150 all the way up to two then came back down So, you know, I need to think that there could still be some activity left on it for one more move up But I would not think that I think this thing's already had enough activity today. I think this last squeeze up was pretty Pretty unordinary I'd say pretty just spur of the moment And if it wasn't going to hold where it was around 180 185 and building back up to two at this point I you know, I just think there's better trades again. You got to be picky and Vla Wow, I missed that on this thing ended up having a pop. I guess like at noon time completely didn't see this one So if it's the trend for today at least with all these small cat farmer stocks, you know pop and drop city pretty much Pop and drop city pretty much This thing I mean out of all things today this damn EOS has been holding it pretty well I mean as you can see how flat it was up until one o'clock But we were calling it out from the morning who's on our pre-market list on the morning list and you know We had a nice trade off of 169. I think it was but man, it got slow I was only able to grab three or four cents on it good entry But just fell flat after and then just out of nowhere it kind of took off So you know now it looks a lot healthier. Hopefully a lot more I start to follow this EOS trade heading against the close Well, we'll definitely put this on the forefront of our list no matter what here AMC X AMC networks, but I didn't know if that was actually tied to AMC theaters AMC this AMC network so I had a nice pop early this morning and it's still holding well mind you but You know, just we want to follow a stock with better liquidity now at this point. So Triple you not a whole lot happening there I see is at least one that we're familiar with and when I say familiar with this stock like a couple months ago is breaking all-time highs and It's breaking all-time highs here this morning or this afternoon. So you know what for that reason more than anything I'll put IS EE back on our list this stock. We did really well with back in You know September into October of last year It took a little while but ended up finally blessed to make new all-time highs back then and then now making a nice run back up So no 25 major resistance you would assume Hi, the day is exactly off that price. We'll take a look to see how much volume got filled there minimum Minimum volume filled off that price and a nasty shake back down afterwards. So That's not good. I mean if this can't hold back over like right around 24 75 here coming up as support Then maybe I think otherwise. So All right, let's see what else we got for right now. We'll keep it on our list Mg and X so let me flip back to a daily chart here But the stock I guess it's kind of holding well near the highs but kind of treating late volume per minute not a whole lot really Too special about it Draft Kings if anything is just like a healthier trade more eyes on this anyways a name brand company coming off the news this morning Breaking back over a pretty big volume level recently here We'll see if it can hold above it right off of 20 $20 and 70 cents, but yeah DK and G. I'll slip back on our list for right now Pretty low risk to at least put this back on our on our list Muscle is this yeah, this is muscle muscle grill muscle maker grill. That's it There are a couple of these were where I was from Long Island before I moved to Florida But you know, it's moving up pretty nicely here. Just yeah, just kind of slow Just because it's at the highs doesn't mean it's automatically given to run up higher into the afternoon, right? Cold another day another day were cold is up G son we ended up doing pretty well in the stock back at the beginning of this month or if not the end of January But you know ended up running up for us back then up to like three three fifty then and you know It's trying to make a small little move here, but again same deal with this as we said before AMAM from yesterday at least trying to move back up This reminds me of the Sarah trade SCRA. We were kind of following just a bit earlier. This one definitely fell flat So, you know, it's definitely a sideless stock your SCRA just kind of given where it's at in relation to yesterday's move You know, there's a chance it could try and break over those highs and then really go But it's just flat right now. The order book looks a little bit on the big side there I'm gonna keep this on our side list if anything the Sarah going back to AMAM at least You could say the same about the liquidity, but it feels like this one could have a little bit more life left to it Although it's not like closer to those highs just yet I'll put this on the back end tier of our main list All right, so let's hop over to the loser side right now Markets are moving up but technically down on the day. We'll see if there's anything that you know It could be name brand. So one thing right out the gate. I caught this early. There we go, Josh. There we go So, let's see what we have to work with here a RQQ. What goes up? Comes back down. I mean within the same candle here on the daily and then over time. I guess this thing got whacked You II see same deal. I mean just a lot of these that are hard to borrow I'm just checking to see if there's any dead cat bounce opportunities there on the top the loser side But getting back to XP here. This was on our main list. We said why not, right? I mean it was trending down nicely it had good liquidity at the time and Dropped off really well after the open followed the trend perfectly ended up making a lower high roughly around that 1345 1350 area maybe 1330 1330 we'll call it there and nevertheless ended up pulling back down a bit So right now I feel like just the majority of this move is pretty much finished up though Ended up making a nice run earlier if it was closer to the lows I'd be more inclined to put it on our main list If I could sell myself on anything here, obviously you're seeing a red coming in on the tape But that's not even it for me It's simply the fact it's actually back under the VWAP breaking back under the VWAP right now 13 and the VWAP roughly off 1295 If it's gonna drop this would be the level to do it from I'm gonna write this down on the side list Let's go an extra like five or so minutes and we'll check back on this just to wrap up I would normally want to see this closer towards the low of 1240 1250 ish, you know at that point at this point right now AXTI not much happening there DDL what goes up comes back down and it is technically shortable technically a shortable You know what? It's hard to discriminate here. This is a tradable stock, you know, it's below $5 But there certainly is some room to get to the ground floor There is definitely some more room to see this drop off So you know what I like it if I if I didn't put XP on our main list yet and I'm looking at this I gotta at least put DDL on there Is that the lows pretty much? Good spread good liquidity we're watching in here for the last 30 seconds one minute All right scanners refreshing on me no surprise there, but what else we got here to wrap up? IO and Q probably a little bit more down more percentage wise I don't know. I don't go this deep, but I'll just do a quick scan through here just to say Little bit more that's down percentage wise AFRM. It's not really looking too strong on the way down Not a dead cat bounce opportunity yet, but that would lead me to X I know Richard called this out earlier today, and I was wondering like wait Did X really drop off from to call it out was down over 5% at the lows So great call out from rich at the time and it's only been dropping off since So mind you X u.s. Steel an old friend of mine at least we're gonna put back on our watch list here All right, so folks let me know if there's anything else up down left right more than 5% That you'd want me to look at or check out before we wrap up Got si for my side list personally I know I guess trying to sneak back over the VWAP itself off 1750 there I'm not like a huge fan right now at this point in the day. It was good for the morning It was up like 5% I think early this morning So that's where my interest was it was a good trade, but at this point right now I feel like there could just be better that we could focus on I'm not asking about the APG and can't short it and already tanks. So this move is totally done with right now Don't get stuck holding on Yes, may have called off from earlier from Scott. So that was actually from like 10 minutes ago, so I'm kind of catching up at the chat board right now, but yes It's already on our list. So it looks good So we'll see if we can break over the 34,000 cheer iceberg roughly sitting there right off the high off of 210 Z off the lows, but still down I mean why I like the drop off here now if anything it definitely keeps me a little bit more interested in this trade Showing a little bit more strength to the downside Mike, right? You know down over 5% Just do one more circle through here, but I wouldn't mind keeping a small eye on Zillow I'm not from David. It's just not like it's like at the highs, but Right now I've been such a heater on the crypto stocks going into the afternoons You know, there was one day this week where Mara actually ran like 25 cents. Wow No, we want like a real run folks. We want like a dollar run off, you know, that big illustrious runner into the close Not getting it here at the crypto stocks can't fall in love these stocks going into the afternoons And if I'm wrong and today is the day where that happens then whoo, this would be a good day to have some mega my face Then because certainly this chart although it's trending up. It's trending up and it's tradable. Don't get me wrong It's tradable, but in terms of opportunity cost you're looking for that big illustrious run Yeah, I just we've seen it better at this time of the day and we kind of denied it then So, you know, I'd say more now than anything. We're kind of kind of move away from the stock But it's good to know that right it's good to put this in the chat board though It's good to at least, you know, give it a shout for me to give my insight on it So, you know and you know what to look for going forward and you know, the more you know the quicker you are to react to it all The AI trade unfortunately came back down Unfortunately came back down below the 24 level technically hasn't made like a true low or low of recent so Not looking too great though to begin now on the AI stock. So s o u n I'd assume for that to kind of Well, I'd assume for that to not run up if anything so didn't drop off just yet, but still really flat So I'm definitely in the past on this one now Go back to Sarah s e r a You know, I wish this was more liquid. I wish this is a more liquid trade And if anything why I'm really gonna write this off now It's only trading about like a thousand two thousand shares a minute. I didn't see that until right now It's been a long day. So it's saying that we're gonna scrap that one The XP, you know, hey, it wouldn't hurt us to put this on our main list because it is really tradable And it's coming off of news from earlier. So there could be some more eyes on this one But again, I mean I just said it five minutes ago if it's gonna make that big move for the next hour and 15 minutes Why isn't it done it now needs to make that move pretty Pronto if we're gonna have like something that's worth our time. So I'm gonna pass on this right now as well Because Zillow Zillow I'll add to that list there Mike not good or not a bad call there. I should say Roblox I'm gonna pass on this. There's no need for the $41 right there I mean, you can say the same on Zillow, but Zillow is a little bit closer to the lows I feel like maybe down a little bit more now Kind of about the same kind of about the same kind of about the same I feel like Zillow is a little bit weaker in terms of trend though So that's why I'm kind of leaning towards that out of the two that you wrote All right folks so with that in mind Brian says it's also Friday with a three-day weekend probably not a pop Not probably not a lot of pops left today I won't say definitely I would agree with that But I mean if we can get a good squeeze within the markets Maybe some short covering heading into the close Maybe some advanced buying for next week the markets look good in terms of the trend if they sustain here and pop higher Then we could have a nice end of the week, but you're right. We have a three-day three-day weekend coming up I can't stress this enough folks. We are off on Monday Monday We are off. We got Washington's birthday or at least according to our historian here rich got a Washington's birthday technically on the 22nd, but markets are closed on Monday here this upcoming week Monday The 20th markets will be closed to celebrate President's Day slash Washington's birthday. Alright, so enjoy the weekend Enjoy the long weekend. I'm gonna be traveling down and you're traveling up I should rather say to Jacksonville, Florida for our trader summit our C2 on-site class coming up Monday through Wednesday coming up next week So I look forward to seeing a lot of us there in person You know a bunch of us for the first time a few of us for the second or third there But no, it's gonna be a great time just a bunch of different presentations live trading across the market open and closed with myself Fausto, I believe Tom Busby will be there great Tom Busby and a couple of other present presenters In between alright, so with that though folks for all of us in social media Facebook live LinkedIn Twitter YouTube Enjoy the weekend enjoy the long extended weekend catch back on Tuesday here Any questions that you'd like to send over first feel free to do so Josh at c2 trading calm That's my email address Otherwise though if you're interested in joining our live trading room Just go right down to the link on the green banner below the stream right there to get yourself set up get yourself started And hey if you call our office actually specifically you could have to begin coming up on Tuesday of next week if anything All right folks So again enjoy the weekend for all of us in this inside the live trading room I look forward to speaking to most of us at least coming up in class. Take care