 All right cyber traders welcome on back here this Wednesday. Oh, I got echo here. Give me a quick second. There we go I'm all good to go now. This Wednesday February 24th shortly after 2 30 p.m. Eastern time welcome on back here for our afternoon meeting Let's get a quick sound check just to begin make sure everyone could hear me loud and clear and hopefully barring any Internet issues like I had from earlier this morning We should be good to go for class great to see Jeff Donnie Michael Tim cats later the ladies of the room there Stefan Troy skip great to see you all out and clear perfect So let's hop right into it folks like I had said we do have class lined up ahead I think I was like knocked off from from internet for about like 5 to 10 minutes midway through the class So you're able yet back up started pretty quickly the recording will be up on the website on the student dashboard Later on this evening and the same to be said for later on with this class ahead So, you know later on today folks 3 p.m. We'll be talking all about determining a stocks range and the increments Which it could be trading within so this is almost like a prelude to our pre-market classes that we talk about in the phase 2 stock Course prepping to trade the market open prepping to trade the market close, you know You really need to have a good idea as how a stocks daily range and how its average range perhaps can Effect the trade that that you're watching at the time and along with that the increments from pre-market that the stock is Kind of bouncing from level to level so to say so, you know That can give you a good idea as far as what increments the stock will be trading after 9 30 anyway So looking at a trade here like FSR this was on our morning watch list news came out early You know, we're gonna zip through the percent gainers and losers list here in just a moment and really zip through because I want to Make sure we have enough time for class, but you know FSR right away here. It's like right near its all-time highs Actually about this even better I'm recording the screen right now not this one another one of FSR this exact template And we'll be able to go back on this recording perhaps coming up on Friday afternoon We'll be talking about all-time highs and lows this FSR trade just blasted to make a new all-time high Well, I guess technically broke it by a penny So, you know FSR off of good news made a fantastic run heading into this afternoon to begin But you know, I'll be happy to be wrong here this FSR trade I really didn't think was gonna go into make a run for all-time high off 23 63 At any point today. It just kept marching on up right after I said that so certainly has proved me wrong It ran up right up to the all-time high broke it by a penny and pulled back I wouldn't be surprised if this kind of dumps back under 23 first before breaks back over and makes a new high I mean, it's pretty close to 64 right now. Anyway, but let's see what comes ahead on this FSR trade Fisker Definitely gonna put it put this on our watch list just to begin All right, so let's go from top to bottom now folks for any of the others that we ended up calling out The any of the others that we ended up trading at least from this morning Well, we'll go over briefly the warrants. I guess top percent gainer right now for Fisker. Just look at them We're not gonna really trade it normally. They're pretty illiquid Yeah, huge spread on this albeit, you know cheaper making the same move on the chart But I'd rather trade the equity and VOS. I don't think I think this was one from the morning here I'm not mistaken if not perhaps the late morning early afternoon. Yeah, this was like pre-market this thing It was like super early. It wasn't even on my notepad So I just thought I was like maybe early afternoon run up But nope, you got to zoom out this thing ended up dumping all the way back down after it's pop at like 6 a.m. Eastern time. So, you know, we always talk about this in class and a free tip It's just what's the trend of the stock going into the market open the stocks up 86% still But that doesn't mean it's gonna keep moving up or it's not gonna make a bounce perhaps at all So here it just opened up a little shake at first, but it got halted like looks like five six times here at least From the morning got halted on the way down and we all know once it gets halted on the way down That's a wrap. So don't get me wrong. Yes There was a little room for a run up here from like five or seven bucks all the way up towards 13 But I'm not playing with that fire. So, you know at this point right now It's still kind of exhausted trading 37 and a half million shares So maybe maybe keep it on your side list for the remainder of the week Maybe I'll make another run back up at some point, but you know, I'm just gonna pass The SYPR unfortunately made that same dump off There's another pre-market push early on but it started to dump off even prior to the market opening up Actually, I mean really after the first pop here rather should say pulled back after it broke below 650 support and same thing rinse and repeat ended up just breaking down pretty sharply and Not the type stock you want to hope and hold on to so, you know, you just got to move on pretty quick from that trade IMNM trade probably I know one of us give a shout out to one of our students Rob He ended up told me in a coaching session showed me his trade. He was in from 62 bucks As a short he ended up leaving a lot of money on the table on that trade He ended up getting out. I think was around 45 but fantastic entry on it on that short This thing has had a funky last couple of days right the pump and dump from pre-market that morning And then you know, obviously dump back down and you know now today and making a very low volume run up here Just huge spread nothing going on on the order book even here. You can't see anything So I'm gonna pass on this but pretty interesting just to see this like, you know Very low volume squeeze here Now we'll check back in with Fisker I didn't want it to freeze up my my platform here with the other template running But looks like it did break higher did break the all-time high, you know, new one 23 75 now But slam right back down. So that's kind of where I was saying be careful. So, you know, I was wrong I guess it broke higher first, but I wouldn't be surprised that this slams under 23 first And then perhaps we could see a break back above 23 and really run from that point The RRD another one if I'm not mistaken from pre-market this morning that dumped off leading into the market open And I ended up making a little bit of a bounce I guess here, but that's it not much there All right Let's just skim through now not much else I see that we ended up trading from the morning session at least here a couple familiar names Sun W TAOP We've traded over the over this week. I think this REI actually looks pretty interesting before I jump to those You know pushing up to make a new high just before I'll be it pulling back from there You know, it's good order book cheap stack Shortable if it craps out the other way, I don't think it will just looking at this trend up But yeah for right now this REI trade will join FSR on the watch list This one looks pretty good. Definitely a nice like level one or two stock this one This would be a good focus for us here in the phase two course coming up TAOP made a pop back on Monday. That's right. So to start things off this week We had the TAOP trade dump back down yesterday back up today It's kind of like making the same squeeze up as the INM and trade like in terms of like low volume Yeah, I don't know if they're related to one another but Yeah, for right now. I'm not as interested in that TAOP either. Although that seems to be moving a little bit there Timber TMBR just pretty slow nice pop heading into the late morning early afternoon session Watching from my other screen. I told you folks for all of our students here They'll be joining me in the phase two course. We'll show the video coming up on Friday of this week But I'm recording the Fisker trade right now. It's starting to come down. It's on the way down 23 Speaking of on the way down this S on W trade had a nice morning Ended up grinding up nicely essentially once it broke a hide the day essentially off like 1285 ish We'll call it, you know moved up beautifully from there essentially up to 15 broke higher up to 1614 But talk about coming back down that thing is shaking back down pretty quickly here So, you know, it's really tradable. I mean pretty active trading a lot of volume per minute like 25 or 24,000 shares per minute It's a lot Spreads fluctuating a bit, but I would call it tradable just it's the fact that that it's not Shortable so you wouldn't be able to take advantage of this drop-off here You would hope to see this hold of support move back up And I just think given how for for as much as it's run up so far today and then the pullback We normally don't see that second burst out later on so I think it's just too late in the day to even try that It was closer to the highs maybe All right Just go through maybe a couple of others here as I'm skimming through some names that are popping up now SNSS we did really well on from this morning. So just to go over this briefly I mean this was you know active in pre-market was on our watch list in pre-market. So heading into the open I took a little bit But once it broke over five ended up making for a fantastic rally up towards just about seven I mean really nice push, you know I started to consolidate right around six a few false breakouts as it pushed up higher But you know whereas they talk about crapping out the other way, you know, you always hear me say that look at this This one's actually shortable. This one was able this one. We were able to short on the way down So, you know simply put I know it at you know just easy to see in hindsight But it built a really nice trend off the lows once it snapped that trend line and essentially broke below a support level off 650 That's it I think I sound silly whenever I talk about that, but that is a beautiful opportunity to try and capitalize on I don't have my charts up today. I was looking to do that. I put my focus on Fisker So I'm sorry folks for all of us in social media class comes first I'll show the Bitcoin charts for the next meeting tomorrow But you know Mara Mara right practically as soon as I finished up the meeting with with you folks yesterday I was talking to you about on the six-hour chart or I think it was the hourly chart for Bitcoin And it was breaking below a moving average or closing below it. I thought that was a bad sign So very thankfully again where I'm happy to be wrong here. It ended up moving right back up Bitcoin That is I mean from the second I finished up that meeting ended up completely Reversing held back above those moving averages and squeezed back up a bit So that led to a nice rally on Mara and Riot just from yesterday afternoon like a three-point move and then here today You know up 15 16 percent Mara and then the same with the Riot So they both remain tradable. They both are technically shortable So you know if I'm not gonna put those that are Not shortable on the list Not on then I have to put these on right. I Riot's making a short little bit of a drop-off here. I guess at the low right now. I Would rather focus on Mara probably a more liquid-water book cheaper stock too Huge spread. Wow. Both are pretty illiquid. I should say Yeah, if there's one I prefer at least as a day trade refer right now. It's the Mara June says Mara PM trading per you mentioned yesterday. That's right Well, you know on these trades and I want to clarify quickly because again, we have class coming up But you know where I said to watch these it's the fact that these stocks and I should have clarified more during the meeting So you folks on social media would have seen it But for all of us in the trading room, I was talking about it after I was saying You know these stocks in the afternoon if there is like a slogan you've heard me say throughout this whole Movement in Bitcoin and the block chains. It's that they don't really make as clean of an afternoon move They're just very volatile at this point. So they provide more opportunity across the last, you know a few weeks and month Rather than when they were like a five six eight dollar stock. They just didn't have the volatility then to you know make us Make for a nice pop for us. So, you know here in this case when they're down 15 20 plus percent Hey, if they're not gonna make a good afternoon move meaning in the sense of if they're not going to continue in their direction down There's better chance of them going up, right? So, you know, that's exactly what we had here at three o'clock I mean as soon as the meeting finished up see here, right? That's what happened All right, so Mario will make the list just because it's cheaper pretty volatile still so I like it That's all from the gainer side folks if there's anything else that looks good That's up. Let me know and I go over here to the loser's list just right right now Markets up 410 points and look at the Dow symbol here right now just smooth sailing I mean, this is the good type of insanity, right? I mean even on certain pre-markets where the the market gap down a bit This is a good type of insanity in the sense of you know the same thing repeating over and Over again just it's been smooth sailing on the Dow on the way up just day over day over day Gotta love it. Hopefully we see a nice continued move just over the overnight into the pre-markets, right? That's all So top over to the loser's list probably won't find as much down So I'd from perhaps the CC IV and perhaps workhorse to I reckon Man CC IV getting hammered once again today. So I know that they had that merger. I think was it with lucid motors Still dropping off and screaming short from earlier today Especially once it broke below the lows off like 3350 ish 33 heading into the mid-morning off 10 o'clock Eastern time And then once again heading into the early afternoon seemingly off seemingly off a re-break of support from 32 So given the volatility, right? I mean this one has a more filled in order book than Mara. They're not related I'm just saying the sense of volatility. This one's a lot more liquid than Mara I would much rather trade the CC IV even over Mara, even though both make the list All right, cool. So this will make the top at least for right now Etm short of all not doing much right now pass We have riot and then we have I guess I'm gonna pronounce it void, but we have riot then we have via the IOT Just not a little move here on the way down I guess not little but you know nice move from from this morning little move here heading into the early afternoon I guess tradable, but not a lot going on here on the order book sands this 54 54,000 shares earlier. I don't know where I don't know what that has to do I don't know what that's gonna lead to later on today But you know for right now, I think we have a decent list already We don't need to have like eight or ten or twelve stocks on the watch list for the afternoon folks So between the FSR even the REI the REI is like a nice level one or two That's the only one that's like level one or two on our main list, but that looks great All right, so let's just see if there's any more in the losers list here Of course the workhorse trade. I know Fausto spoke about that from spoke about this trade from the morning Looks like it ended up holding my line off 1520 ish I should have moved this down to 1515 and then of course the whole number of 15 bucks So you have 15 15 then 15 so nonetheless though you could see here fail to break higher Failed to hold support nicely I called out an inverse head and shoulders here for a moment heading into the afternoon and it looked good for a while It lasted but essentially it ended up re-breaking below that line And a little shimmy up here, but now at this point. It's just dropping back down So hey very tradable still at this point shortable still for those that have trade station Very good liquidity cheaper even than CCIV so yeah, definitely The FSR trade folks just want to jump to right now because I'm watching on my other screen Michael wrote it here in the chat board Yeah broke below 23, but I don't know if it's gonna pop back up just yet. This might come back down towards 22 51st That was a fast break below 23 there All right, what do we got here from the chat board? We got from Ron. What do you think about AMC right now? It's always a good stock to watch It's down 0.88% right so obviously wouldn't have found it on the losers or gainers last year, but I Know it's tradable right good spreads cheap But I feel like it's just more exhausted now compared to what it was doing from this morning Also again, just a quick note. We have AMC earnings tomorrow afternoon. So Yeah, I feel like you might get some activity in the mornings We had a nice pop in the afternoon yesterday, but that was based off a great setup It was already over seven running over 750 at the time So here it already popped greatly from seven up towards just about 850 I mean played the 50 cent levels and whole number is very nice back down here pulled back down towards 750 It's just about held You know listen if you do well on this trade If this is a stock that you personally do well on more often than not then I would certainly put it on your on your main list On the other end of the spectrum if you don't do as well on AMC if you've never traded it before then you know What I think that there might be some better movers at least as of right now for the afternoon. That's all Love my AMC. That's all so hey I'm in class this afternoon So if I wasn't and if this made a pop I probably turn to it myself because I do well on AMC It's the stock that I like What else we got here guys, let's see Scrolling from bottom to top here. So I apologize Don he was calling up Workhorse just before June on Mara late on CC IV. So we got all those already Kathleen on game stops. Let's see that. Maybe if game stops popping that could be a precursor for AMC Look at this. This could sell me into putting AMC on the watch list now obviously AMC not making this exact move just yet, but I Always like to feel if you know, we see stocks that move very similarly in the past And if there's one that's more expensive makes a faster sharper move Perhaps we could use that as a guide or a gauge for some of these others. So That could sell me into AMC I want to look at That bath beyond that popped going into late January Blackberry BB Neither of them are moving really much right now AMC is more active compared to these So I like AMC over these so far and this still isn't even doing a whole lot yet I guess just based on speculation. I don't mind slipping AMC on our watch list now That's all just so just keep that in mind putting AMC on the list in speculation because of game stop popping It doesn't do anything. Unfortunately, you can be watching the grass grow for a little bit Alright folks, I think that just about does it. I got a bagel on a social media here at least on YouTube I don't see any comments so far. So I think that we're just about good to go I've got two four six stocks in total I'll post and tweet these are just across the board right now for all of us in social media Make sure that you like subscribe notify right on our YouTube channel That's youtube.com slash cyber trading you and then otherwise make sure to join us if you have not So far just right below you could sign up for the for our trial Just go right to the link on our banner there All right for all of us live inside the trading room up at the buzzer actually going to jump to Kathleen since she called Out game stop timely here. She's calling out X. Let's take a look here before we finish up US steel at the high of the day up over five percent So, you know, I like that right that's a stock that I love personally as well much like AMC For all of our longtime students like Kathleen and later grant you folks know I love my X So seeing this stock up right now at the high of the day. It's you know up over that five percent barrier You don't have too many stocks on our watch list. I'm a sucker for X All right. I'm in so all right folks. So we're gonna post the link I think rich just did so already in the chat board make sure that you click the link there to join the class coming up I'm gonna take a quick breather myself refill up the water bottle get ready for class ahead I look forward to seeing most of us there for those of us not just best of luck trading heading into this market close. Take care