 All right, Sabra traders welcome on back here this now Thursday correctly this Thursday March 30th Shortly after 2 30 p.m. Eastern time welcome on back here for our afternoon meeting great to see Andrea Bonjour note to him later Lawrence Jeff loud and clear from all great to see all of us right now Joining us inside our live trading room great to have all this back on social Otherwise Facebook live linked in Twitter YouTube the works Brian back from Vegas. He writes here great to have Brian back with us How is the old student Brian the old's mobile that he's been working on Love to hear here on that and give me a good video of that once again Brian. He says excellent perfect So with that hey taking us into the afternoon markets making a tangy balance right now, but we'll see how far that will take us either way AI I think is so strong. This this has a good chance to be our afternoon runner So no right away. We'll put this on our list to begin. You know, we're really familiar with AI We talked about it in class less than 24 hours go still at this point from the phase 3 stock course yesterday afternoon You know, we were clamoring about a couple of big levels that we had on this stock from yesterday and really from like the last several weeks Give me a quick second here just to just my chart So ultimately I mean a gapped up unfortunately It did what I didn't really want it to do it ended up just kind of squeezing up in the after hours pre-market Never made the drop back down Towards 25 88 25 89 26 level there. It ended up just popping out the gate there took off pretty nicely But just a moment ago the stock finally decided to branch back off of 27 27 and also 26 90 that was a pretty big level as well heading into the market open big iceberg order So really it was 90 that held better, but you know under and over from 27 led to a good squeeze So yeah, definitely going into the afternoon We'll put this back on our list as far as where the next resistances I have a couple of other lines plotted on my main chart here. I'll just copy and emulate them for right now 2746 is one It's gonna be a little range of resistance coming up here 2746 2755 you know always kind of rely rely on the higher of the two prices But both of them together are a pretty strong range of resistance if it could break above that We would have 28 and then from there. I'll tell you we got a pretty big historical level pretty far up higher But right off of basically 2850 it was like 2847 or so forth But yep, those are a couple of key levels to watch heading into the close now Sam asking here in the chat. Would you short it? Down to 2695 How about this let me ask all the students that were with me the past two days the past two Afternoons when I was tagging in for Fausto in the phase three class Is that a good idea to begin or not? What do you think and the reason I say that out last because well hey We covered this yesterday in our main classes in phase three and you know Hey, the more that we kind of realize this now will prevent us from making you know, not say bad trades, but Not going against the wind here, right? Not going against the wind The last two days in the afternoons we were breaking above resistance follow the trend right the trend is your friend now Is it possible it can make a head fake and pull back? Yeah, it is But this stock is up for a reason the whole sector has been flying up the last couple months So it would not be as responsible to think short out the gate here You know hey even think about it off of 27 as a short going into the mid-afternoon If you were looking for that that is a more apropos opportunity for that because it's making a lower highs it broke under 27 But if it's failing to make that drop that you would expect Then that's where you flip script and I didn't short this at least heading into the afternoon I was only focused on long so in this trade right now off 27 a little over and we'll see if this keeps squeezing up Higher into the afternoon But hey, I'll call it quits on the long if it makes a head fake or lower highs to me Then maybe then game on for a short, but either way definitely focus on the long first All right as good question asked very good question asked right so a question that will prevent you from Taking a bad trader losing a lot of money perhaps so you know what we'll do is go from top to bottom folks Otherwise actually my scanner here is a little Messed up. I don't know what happened there Got a wonky platform right now There we go. All right, so we'll go from top to bottom definitely good start here with AI and actually now the spy pushing back up Ever so slightly a little bit more right now. So, you know, we'll see if there's any other stocks that look good or as better Whatever the case may be SCYX you know actually looking at the last couple of hours looks really good nice move back up This stock though normally does not trade a lot of volume per minute or a lot of volume per day rather let alone per minute But just given how much it had pumped up back from last week This stock should be more exhausted certainly now making the the test up towards 295 and 3 Failing to even hit 3 and coming back down Now put it on a side list. I'll come back to this for you know at the end I'll just check in with it, you know, if it holds well enough here. I'll give a look But it could prevent us from following stocks that look a lot better right now like the Pali trade or AI But Pali to Pali definitely definitely making a strong pop and this stock We are pretty familiar with about a year ago. I believe not from February. It had to have been over a year ago It had to have been I don't even think it was back from the end of last year probably further than that You know, just if anything may be back from the end of November It had to have been even prior to that even the stock has had to have done a couple of different reverse stock splits Over the last year or so. It was definitely right around here and this Pali stock was not 40 50 60 bucks back then just goes to show when a stock does a reverse split much more often than not at least They're doing it to remain above NASDAQ or NYSE listing requirements. So, you know over time That's not really bullish over time the stock only dropped off lower and lower. They probably did another split over time You know, hey, is it possible for this to be a really good day trade? Of course looks good right now So I'm gonna put this on our main list, but when the volume peaks and then dies off That's where you need to be really careful for this to pull back and tank. So, you know, it's not a swing trade opportunity It's definitely just more of a day trade All right, we'll keep it pushing here boxed box D will pop and drop their cheap stock PYXS wow the gift that really just keeps on giving this stock ended up head faking off of six earlier And I think it was like maybe the next attempt in which it tested it It re broke over and then from there made a much better run So from that point led to the next leg up across the the early to mid afternoon Now at this point definitely pulling back back under six I know it's still kind of nearby the VWAP but trends down here off the highs I think the run is done on this trade now Hey, Sam this stock is actually now that I'm realizing it the stock is actually easy to borrow So is it possible if it ends up showing more weakness here breaks below the VWAP here and 575 perhaps or 573 perhaps here big iceberg if it breaks below this is possible for a short Yeah, definitely especially with how much the stock ran up the last like you know back to back to back days So either way I'll put this on our list I would focus at first to see if this can show another pop, but if it fails to then you think short PYXS SGBX all right, we got a Little spotty not a whole lot happening there Toro another stock that popped once again today from yesterday's run pop and drop yesterday It popped up nicely so far today going into the early afternoon and then there is the drop You know, I know it's trying to grind back up again here I guess I'll write it down on the side list But probably not as likely to put this on our main list for right now it ends up making a big pop then that's always subject to change but Fgo Fgo was a nice trade from earlier this morning had popped up pretty quickly after the open off of 660 Ended up running up just you know close to a buck higher topped off I guess 80 cents higher you 740 but ended up running up pretty well ended up topping off Roughly around that reversal time little after 1030. So good move for the Fgo trade. This is Evie related right so Fgo There's a couple of others out there that should the sector look to make another you know strong run up What do we have we had CLSK clean spark? This thing's not doing much right now Obviously had to have just been company specific for Fgo But just relating to a couple of other you know Evie affiliates out there charge point CHPT You know up over a percent but not really doing much of anything Maybe keep them in mind if the sector makes another pop coming up or a big move, but let's see what else we got here Otherwise, this one's not looking as good either way the Fgo ACHV not much happening there FLNC same deal we got Buzz Fee and I think dropped off a lot more another buck from where we less followed it PYBI or PBYI my dyslexia there, but ended up popping and dropping already At the rent our ENT trade rent is due tomorrow. We're actually on the first couple days But nonetheless here the stock ended up making a nice pop from the morning fast I would called it out early, but you know just kind of grind it on up It was a good trade to make money on it first, but died off after All right, so there's definitely a little bit more that's up that you know five percent or more that I look for So for Sam or John or Mario or Mark any one of us in the chat here Let me know if there's anything else moving that's looking good You know on the way up namely when you hop over to lose your side in between seeing if there's anything good there There we go And yo, ooh the stock's dropping off pretty nicely Order book kind of thin spread is kind of tolerable right now, but the fact it's dropping off so nicely here It's hard for us to not put on our list You know, it's like just like finding a stock that's right at the highs and you know grinding on up there pretty nicely So yeah, this stock is moving pretty well on the way down Not at all time lows yet Go to a monthly just a double check. Yeah, it's getting a little close This thing is actually breaking under some historical support really from like about 10 or so years ago I know it broke under that price at one point there But kind of right around loosely speaking right around like nine bucks probably a little over nine Yeah, like 912 the low here from 2008 But look at the reactions off of this level though It goes to show like basically nine nine twelve No, right around that area is a pretty strong historical level and over time here It shook under and over and little shakes, you know for a few months at a time there But it's back under it so this could lead to a big move on the way down at this point here So a NGO, yeah, I'll put on our list initially as a short This ends up making higher lows breaks above here perhaps off of 890 then there's a chance for a dead cap bounce, but You know if it was down more percentage wise today I'd say maybe look for that balance a little bit further But you know, this is definitely showing weakness here to the downside Actually, it's kind of an oxymoron isn't it weakness to the downside It's like strength to the downside, right All right, there we go always catch myself there PRQ are either way right now. It's like, you know Actually this stock if we are to go back on this we were talking about this if not from yesterday Then perhaps from the day before because now that I look at the daily chart I remember seeing this gap here and it's pretty interesting to see we took our eyes off this stock From that time so we didn't really short this today, but this really filled the gap didn't it? Wow, that is a clean Gap fill right there. Is it gonna bounce? Nah, I'm not there to answer that question as much You know, you're kind of following it more on the way down as a short opportunity and just goes to show really that continued very nicely for us KPTI dropping off there not much happening though really The boil not much happening pretty slow ETF as well All right folks So once again, let me just get your hand here if there's anything up or down moving either direction left or right more than 5% Just type it in the chat board here. I'm gonna go to YouTube first gonna go to social streams first just to check Nothing from there and that's a okay because I'll tell you what it was pretty slow and quiet Market pretty slow and quiet inside our trading room up until about 215. So otherwise, let me take a look at VKTX Folks really quickly if you have any chats for me just post in the main chat right now Unless if it's any other questions that we were talking about from earlier Yeah, just a couple of us there VKTX just taking a look at from Sam. Yeah, this one looks pretty strong I don't know if I covered it already if I ignored it then well, here we go I mean yeah moving up pretty nicely Maybe it's not up enough for me to find it on the gainer side But we were talking about it all from earlier this morning and definitely showing strength still to the upside So with that, yeah, we'll put this back on our list in hopes of the higher high up towards 18 eventually All right, so folks let me jump back to the couple from our side list here, and then we'll finish up SCYX not much happening there Toro not much happening there All right folks, we're gonna wrap up for right now So for all of a sudden social media of his book live linked in Twitter YouTube the works I appreciate you folks sticking with me each and every day each and every afternoon a lot of talking today I need to refill up on the water for right now But hey any questions that you got for me feel free to shoot me a quick email Josh at ctutrading.com is my handle But otherwise if you're interested in joining us inside our live trading room All you got to do is go right down to the link on the green banner below It will actually give you access to a day to a day long access inside our live trading room for free So again if you wanted to do that just go right down to the link on the banner below right there on social But we look forward to having you soon enough for all this there right now Grant Michael John Elizabeth Leda, etc. Hey folks rich will be on the mic taking you into the clothes from three o'clock onward I'll be on a couple of coaching calls with with some students like really up until 4 p.m. So I'll be in the chat, but I'll be on coaching so you know if there's any trades that I take I'll let you folks know we'll see how they do but best of luck trading for all going into the end of the day today Take care