 All right, what's going on traders? This is Tosh. I go by T Bradley 90 in the my investing club chat today One of our moderators Austin who goes by a loha trader in MIC chat does a daily recap for us explaining his long trade on Mbio and While today is just a preview if you want to watch the full-length video or any of our exclusive content that become an MIC member All right, let's get into it Hey everybody Austin here back for another trade recap But before I do I want to say I'm not licensed I'm not registered not a financial advisor and none of this should be taken as investment advice even if it sounds like it Okay, so today I only traded MBio. It was kind of a slow day for me. I didn't want to participate in RHE I felt like I kind of missed the initial move and I didn't want to chase it up I didn't have shorts on it So I just kind of left it alone all day and MBRX to I didn't like the initial range Like I typically don't like to trade stocks under two dollars. So like I This was the only kind of stock I had on radar to trade today. And so it's all I traded But um, if you remember like yesterday, I had a I had a trade on Mbio I tried to get a first bounce out of it like trying to buy here at around this 840 level and it failed try it again down here. It worked for a little bit and I ended up stopping out half or break even and So I was pretty much done with it there and part of the thesis of today's trade comes from yesterday's trade So if you look at the daily chart, we had this huge wick huge sell-off candle and you could see it yesterday big range and And we we closed right at Lowe's which gives every short the confidence and Willpower to hold this stock overnight and I imagine a whole lot of people did and This is where the thesis kind of originated for this trade was that it was it sold off huge yesterday and What I'm going to be looking for is a reason for the shorts to say hey this could be bottoming out here and so So I figured that everyone going into today was going to be thinking Fade fade fade continue continue continue follow through follow through follow through, you know more down like it sold off So hard look at how much room this has to go, you know, this could go back to four three fifty Threes even like this has so much more room to come down. Why wouldn't you hold for it? So I just hadn't I had a suspicion that a lot of Shorts were in the stock. It was so nice then to every pop got sold every pop got sold every pop got sold It was easy to borrow like I Just I couldn't see shorts not holding this overnight. So that was a big part of the The thesis behind this trade. So we closed here at Lowe's and We kind of opened right here in no man's time Which kind of made this trade that was the toughest part of this trip Well second tough toughest part of this trade out. I'll get I'll get to this toughest part later Well, one of the toughest parts of this trade was I didn't really have a solid level Which I normally like to go on like I like to have a solid level like if this level if this would have gap down to five That would have been like that would have made it kind of easier to decide if I was gonna trade it or not Because five is such a whole psychological number like it's it's easy for me to like I can tell if price action is going To tell me are we holding five or not, right important levels to me seem like six 630 you know 450 And five dollars is that whole psychological number that I just talked about like fit it open at one of those levels It would have been kind of easier in a sense, but um Yeah, so let's get into it So shorts are shorts are comfortable and this is this kind of falls into that quote that I that I made up that Trade when things that should happen don't right? That's when you pull the trigger when when something that should happen or is reasonably or can be reasonably expected should happen Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about M. I see joining M. I see maybe you're a member already You have three ways to contact myself personally and through M. I see you can hit our social media You can hit me through pms and chat or you can contact us through my email at Tosh at my investing club calm That's Tosh at my investing club calm I will get back to you in a timely manner and I'm saying this because I'm here to help and I don't want anybody to be Afraid to reach out and ask any question that they have we are here for you guys. All right. See you guys