 All right. Good morning, separate traders. Welcome on back here this Wednesday, June 15th shortly after 9 a.m. Eastern time Great to see Norman Jean Leda Kurt Henry Michael Bruce Ray Kevin Ryan Deb Nina got all of us live inside the trading room today Great to see all this joining us once again on social media Facebook live or YouTube Phase one today folks for all this live inside the trading room at least the phase one stock horse beginning today at 1030 Eastern time 1035 to be exact We're gonna be talking all about the charts So, you know, again, we restarted the curriculum from the top of the cycle back last month In May and now here we are in June. We're gonna be talking more about charting support resistance basic charting principles for this morning's live class And then later on today at 3 p.m. Eastern time will continue with lesson 2 Or I should technically say lesson 6 actually if we're being very technical according to the student portal Organization but you know later on today. We'll be talking about the trend the trend is your friends So, you know, just more introductory to charting principles classes today and we'll continue going into Friday of this week Next week is phase 2 man. It's like we It's like we haven't left class really over the last few weeks. It's just non-stop. It seems right But you know, hey, we continue here folks. We have the Fed meeting concluding today So I'm sure after 2 o'clock and at 2 30, you know, once Powell jumps on the mic He does his own press conference. You know, there should be a lot of action within the market And there could be some action before that but normally there's some hesitation before the Fed meeting You know finishes up or at least before the decision is reached No, are they gonna raise it up to 75 basis points coming up here or is that gonna be planned for the next, you know Fed meeting so that's what we're basically basically you're gonna figure out I think heading into this one now the EV okay trade here at least on the screen It's pushing back up beautifully. I thought it was gonna drop off a lot more, you know At least in pre-market down towards 290 so ended up bottoming out right around 3 30 3 40 and pushed back up really steady here So, you know easily enough EV okay regardless of what you know, the market does today We're gonna put this on our watch list. You're heading into the open You know, it's up near a hundred percent right now news came out on this stock and it's pretty interesting I copied and pasted a news headline from From what I thought was pre-market this morning was actually back last week on June 8th I'm familiar with this company. Believe it or not EV okay, so, you know back when I was like beginning to trade back in like late 2015 early 2016 You know, I'm looking into some swing trades too And I ended up collaborating with a colleague of mine to open up our own trading account at first And with that we took some swing trades. Well one of them I think a lot of us know here in the trading room is AMD. I'm not gonna go into that But another one was EV okay long story short They've been talking about this drug Gemoti for like the last five to six years. Geez really like since back in 2015 2016 So, you know, that's the news out on EV okay this morning looks like they announced approval of Gemoti their drug to Florida State Medicaid program and Nonetheless that led to a huge pop-up this morning the news that came out last week that I copied and pasted was that they Regained compliance with NASDAQ. So I thought that would be the bigger news When I when I when I read that I was like, oh geez no wonder why this thing ended up You know make such a big pop-up at first But yeah, I guess it was the other headline regarding their drug at Gemoti But yeah, I mean for right now. We'll put this on our watch list It's more just where the volume is on this trade that we care about. It's interesting to know the news It is dumping off quite a bit the last couple of minutes here, isn't it? So that's where I said you have you have to be careful on this trade There was a pretty big iceberg order at 290 from earlier it did get pulled But that could still be a pretty big support coming up after the open. So yeah EV okay easily enough We'll just put on our list here to begin the box D trade as we just continue to go down folks I mean the OXD here. I haven't seen this one in quite some time This one was a familiar name back like a number of years ago, too I this day trade not a swing trade obviously, but you know box D at least Ended up making a nice pop in the after hours yesterday I'm not going to jump to the news on every stock here this morning folks But you know the the talking point on the straight was the call out that we had off of 184 185 And at the time it was holding pretty nicely as resistance throughout pre-market It's doing pretty good at first and then shortly after a 15 led to a nice pop resistance turned into support You know I came into the trading room like bluntly saying to a degree No, the playbook was given out this morning folks You know like it usually is anyway But it couldn't have been any more clear through the call out that I made just before you know It ended up topping off So no we expected that resistance once it got broken through to lead to a nice pop and then for that to hopefully be support You got that at first it ended up running up beautifully up towards 208 209 Give a shout out to one of our students Norman here picked up 13 cents on the boxt trade Seemed like a pretty easy trade, but yeah I mean came back down you have to be careful at that point once the volume dies off on this trade or any trade You hear me say it every day like basically one of my like catchphrases nowadays at this point You know I say it so frequent when the volume dies off typically so does the stock itself So after the initial or after the last burst where it popped above to hit the high The volume bars got a lot smaller with each minute that went by and with that I mean just before you knew it this thing completely crashed But you know hey heading into the open and there's still a possibility for this to run higher. There is Just looking at the daily chart this thing took a huge hit back from even like a week or two ago So, you know nice squeeze up here right now and from the after hours there could be more to go So I don't think it's gonna be an AERC From a hundred ten down to two who traded this past week, but um, you know from 12 down to one not bad All right, so we got the box D on our list here another one that popped in pre-market This one you know flew right before we started the meeting off, right? It was the ACAD trade now this one You have to be really careful on I just you know obviously big pop But it's more the thinness of the order book the lack of liquidity on the bid and the ask You know that's pre-market here this stock We're actually pretty familiar with just over the years just off of like various news or earnings more more likely Big gap down you can see back last year So, you know at certain points we were trading it and we know that this stock could fill in with the liquidity there, but Let it prove that to first before you just jump into it And that's where I say as a new student here joining us or just someone who doesn't find this to be as Appealing on the eyes simply put and this could be easy to say but don't don't let this be a distraction to you Right, you know if there's other stocks like EV ok or box D that just you're more interested in If we're calling this out if we have this up on the screen in the trading room just disregarded Just focus on your trade focus on your stocks that you're following right, you know I bring that up because the one from yesterday that that ran the REV You know the more that pushed up I thought it was gonna tank and I missed out right so I had to you know I actually take that away from my train of thought and focus on the ones I was already focused on and that gave me the ability to make money, right? That gave me the ability to have you know a decent day at least So ACID definitely more of a like a level four level five stock, but yeah I'll put this on our watch list as well. It also is shortable. So if this fails to pop higher You know this thing also took a beating back last year Like I said before the gap down even dropping and I'm sure from even a higher price of that Yeah, so you know this thing took a huge hit I'm sure this can make a sharp squeeze after the open So you know when I say the stock is shortable You need to make sure you have this selling there first see lower highs then namely the break through a big level on The way down so that's what I would watch where should we happen to have that but We keep going here folks not a bad watch list to begin The RV trade unfortunately coming right back on down now towards 205 208 that was a key level I was lining up from yesterday So, you know, hey, I mean it's dropping and it could drop more after the open and be a dud We can't short we can't short this one So, you know, we need this to hold support and squeeze if it doesn't then there's no point in watching it afterwards So it will remain on our list looks good, right? It looks tradable hopefully it holds and then runs back up after if it doesn't there's others To focus on right so it looks good Chris with a little news though here. I mean hey this RV trades up 13 plus percent, but Chris's RV Revlon looking to file chapter 11 bankruptcy by weeks and let me just Jump to Benzinga here. I said I wasn't gonna do it for every stock, but this one I'll do it for Yeah, I don't I don't really have any like specific headline at least since Monday So that could have been the news for Monday Yeah, I'm not gonna fish for it. Oh, I see the headline on chapter 11 from Chris So, you know, I wasn't doubting Chris But I wanted to see if there was anything else just on top that I could have added a you know on with that but Yeah, I mean we'll just follow this after the open either way It's just very tradable So if we happen to continue to see the selling that lets this drop then definitely I would just write it off But you know for right now, we'll still put it, you know on our list At the MULN trade up 7% one of us have called that out just a moment ago as we started this call So pushing up pretty nicely now a little bit of a slow poke though. So that's my only gripe with it But it looks good. I mean otherwise hopefully becomes a faster more advantageous trade to try and you know take Now you got John and Bobby both saying SIDU with it, which I'm not mistaken. What I mean I could I Mean I have to be for it to be up 86% I thought it was ETF. Maybe I'm thinking of another stock Do you whatever? SIDU. Yeah, great call. Citus space. So clearly not an ETF there, you know pushing up Really nicely right now. So needless to be said goes right on top of our list here Give me a quick sec folks. I may have just cut out for all of us in social media. I hope not Actually, I'm just gonna do a quick log out log back in for all of us in YouTube Facebook live Just bear. All right, so I'm back on a YouTube Facebook live right now really briefly. I apologize for that So we're good to go. I thought I had a quick internet lapse there But uh, yeah, SIDU looks great for right now. We'll put this right on top of our list like I'd said We keep going down the gainer side though folks. We got plenty of time here Market might be trying to make that dead cat bounce finally. We'll see Beginning to Bitcoin drop down as low as 20,100 I could imagine I ended up buying this morning But hopefully, you know, hopefully it just holds there for a while. Actually, I would want to look to buy more but It's bound so far across the board on Bitcoin on the S&P early Hurts, I mean just spotty chart. It's up big in pre-market, but not a whole lot more to decide from that The edu trade right on time. Look at this 100,000 share print just got filled right now like eight seconds ago at 2270 so in terms of following the big money following the smart money You have to line that up now like instantly So, you know that that seems to be off the ask even though It's you know printed in black in between the bid and the S there at the uptick there The the plus sign so perhaps if we happen to see more buying after the market opens, you know over an act to 2270 this could look to continue to continue to make the squeeze that it made from earlier this week You know, it was on our pre-market list because it was pretty active in pre-market. Just you know, although flat It was trading a lot of volume. I'm sure the order book will fill in a lot more after the open So edu. I don't mind. Let's see what else we got here kind of skimming bottom to top now just to make sure but Got a couple ETFs here. I see between Boyle Gdx you Low volume stuff here really a all right So, you know what that's expected because the Fed finishing up their meeting today, right? So now let's just see what's on the loser side in between here And then if there's anything else that looks good up or down, you know, you folks tell me otherwise A bunch of stuff hard to borrow not enough down for the dead cap bounce top percent loser is down 25% It's only trading 4,000 shares anyway AUVI what goes up comes back down, you know, it's I would only expect for that for that to drop off same with the AERC today You know if they end up, you know showing signs of buying and a squeeze up after the open Then we'll be there to call it out. Don't get me wrong, but you know, I want to focus with I want to focus What's on the list already so? Unless there's anything looking just as good This is all low volume right here red box the only thing trading enough like 3,388,000 shares chart looks like crap All right, folks, I think that's just about it I mean, hey, you let me know like I said I between a couple of us that had called out the SIDU trade from earlier that caught my attention pretty nicely from John and Bobby So if there's anything else that looks good, let me know I don't have level four up as you can imagine for SIDU right now I didn't get that up as we were going through but uh You know if you join us inside a live trading room for all of us in YouTube you can actually take a look We're gonna copy and paste the link for that coming up here in a bit once they finish up All right folks going once going twice. I think that just about wraps it up I mean, I don't mean to be quick with time But like we always say like normally on Fed meeting days There's a lot of hesitation in the market probably now more than ever with the drop-off that we had from the beginning Of this week and end of last, you know is the price already, you know fixed in who knows We'll see what happens at 2 30 or 2 o'clock at least nonetheless So, you know for all of us in Facebook live YouTube I appreciate you sticking with me each and every day and I believe Fausto should be back tomorrow morning But I know I've been tagging in for him at least across this week You know, hey, keep in mind a couple of things we had a couple of videos come out across this week Our traders traders talk workshop. We did that live for you folks yesterday So that recording is out on our YouTube channel now if you had missed out on that That's our weekly Q&A workshop that we host normally inside our live trading room That is of course posted on the student portal now at this point for Leda and Curt and Alex and Glenn and all of us there right now But for all of us in YouTube and Facebook live if you wanted to join us inside our live trading room Just go right down to the link on the blue banner below just to get yourself started Any questions or emails that you may have just send over to Josh at c2 trading comm That's my personal email right there again Josh at c2 trading comm any questions You have just regarding our call outs or watch lists stock trading crypto trading education. You name it. Let me know All right, folks for Nina Leda Michael all this just here live right now I'm gonna copy and tweet the pics out right now, and I'll be back on the mic at 9 30 with a fresh water bottle. I'll be good I'll talk to you soon folks Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge We're just nine dollars do it today