 All right cyber traders welcome on back here this Monday May 3rd Great to see everybody here live inside the cyber group trading room Sharon Kathleen Bonnie Felix Ken Chuck Great to see everybody here Ray included I see him and Mike from up top before and of course all of us in social media Facebook live and you too book mom back. Hey for right now. We have a beautiful move here on this US steel trade X You know, I'm very happy to see it right for all of us live inside the trading room A couple of us tease me that this is my baby my favorite stock. It was it was and I still like the stock a lot I really haven't day traded this in a little while really. I don't remember the exact date But just it's been a number of months even maybe a year or so But hey right now US steel ended up making a really nice move up today still pushing up I think that was like really metals all together I ended up subbing in for Fausto earlier today on a timing research broadcast a podcast that they do I was great to be on their platform talking about order flow using level 3 level 4 But they were talking talking to me or asking asking me about my insight on the metals You know mainly gold, but I ended up talking to him about my my Affinity for X or at least my prior affinity for it. So, you know, hey for right now I still love it as a day trade heading heading into this afternoon. Looks like it's approaching the highs dating back to last week Let me just get my cursor out there See what that was Just under 25 24 96 the high back from last week 2488 here practically You know major resistance you'd assume to be off of 25 a whole flat number a quarter century number on you, right? So, you know, hey for right now easily enough. We'll just slip this on our main watch list and see where it goes Hopefully moves this study up as it has been so far for us today. So I was talking about the metals I'll just check in I guess casually with that in mind with a you know The gold stocks and silver stocks and ETFs that go with it So really quickly if that's moving up as well and that's steel But you know still infrastructure and metals NEM still moving up nicely more expensive But if there's like a more volatile cheaper gold stock, I'd be interested Doesn't really seem like we have one though the cheaper ones are like gold and Sand and ego those are doing all right, you know making a move up But not really the type of like oomph the type of momentum that we would look for heading into this point in the afternoon So definitely I like X I'll check out the silver, you know ETFs and stocks that go with it Looks like SLV popped up, you know shortly after the market opened up and then flattened out a bit after but PAAS Pan American Silver Get a nice push-up earlier today again though. It's not making that type of like Acceleration that you would want to have on a stock like X here. So yeah, that's fine I just wanted to check out a curiosity to start but X definitely a great move so far heading into this afternoon I would assume for there to be just a little bit more than 9200 plus shares at 25. That's just my thought All right, just a little bit more than 10,000 I'd say there to I'm being very sarcastic when I say that I'm expecting probably like 100 plus thousand shares to be filled If that ends up, you know hitting 25 here So we'll come back to X, you know, this will probably be on the top of our list here by the end of it all We ended up doing really well though I mean not really too much of a surprise, but you know OCGN and I say that really that way for anyone That's been watching this meeting whether live inside cyber group as as like a regular student or member here Or as someone watching on social media with me here in the afternoons live You know how much I talk about the stock or how much we have been talking about this Fausto included You know, it's been making a move off of COVID news vaccine news for that matter The only issue on this trade and I didn't take this going into the mid-morning to where I wish I did But it's to say that the stock was pretty choppy ended up making the you know move generally that we were expecting An upward run up, but man I'll tell you after the initial slingshot when it pulled back down and made a nasty shake off of I think that was 15 I Thought that was gonna be it it ended up moving up So threw me for a loop there, but even if I wanted to take it I'm happy to say I didn't get in this and take a couple of you know losses that would add up over time It ended up making like a very choppy minute-by-minute move You know, we've seen the stock make some much better pops. You know some much more momentum based moves up or down You know it ended up making the exact type of the exact move that we would expect From market open to this point in the day seeing it make the push-up to 16 But I thought it would have done it much earlier than it did here It's just to say right a right now going into the afternoon. It's still making a higher low Still pushing back up as you could see up towards 1570 It's not really a huge resistance just yet, but 15,000 share order No 16 is your major level to work off of that's where we had one of our biggest volume spikes across the day today So if we could end up retesting 16 later on today, you know Hinging or maybe set aside a run in the after hours if that doesn't happen Then that 16 level could be used as a big level to enter off of tomorrow even so I'm even just planning planning ahead I mean, I like this OCGN trade for this afternoon Like it for tomorrow so long as it remains shortable even if it's not this ends up re-blasting over 16 We see more volume more buying off that price. Why can't this go to 20? So I'm not guaranteeing that I'm just you know saying if that happens then I'll be there to take that trade So I'm just planning ahead that's all but for right now even for this afternoon If this can make a blast up to 16 and even hold from there to make like a 40 50 plus cent move or so That that would be pretty that would be pretty worth our time. So for right now OCGN I'll add to our list here The other trade that we ended up catching from the morning another no surprise really vaxxer But I gotta say I'm pretty surprised with how strong the stock was going into the early afternoon I see this not move back up But re-break below that low the day below support off of like 880 But we ended up seeing them come down off of bad earnings going into the open I thought it was gonna run up towards a specific price 1064 and a little lesson for all of us on social media They don't have the chance to join us live every day in the trading room You can't try and be perfect with your exit and you can't try and be perfect with your entry so What I wanted on this trade was ultimately I wanted this to move up after the market open to a Resistance 1064 to 1070 from the pre-market drop There was a bunch of volume that got filled there and this is a stock I'm very familiar with myself. I guess I'm not too familiar with it But ended up making the move up and I didn't get in on time on the short I wanted to short it from 1070 or 1064 ish that tight range and I didn't get in on time Ended up dropping back down without me and then on the way back up or so I thought when it was beginning to make a move off of 950 I thought it was gonna hold support from the pre-market low and then run up to the 1064 to 1070 So I was actually more interested in it and buying it later on and that's where I ended up getting chopped up on this trade I ended up taking three tiny losses on this by tiny anywhere between three to eight cents But they add up right the end result was an accumulation of small losses on this trade for me And then I just failed to get back in I stopped my trading after 1030 this morning or even like 1045 But it wasn't on this trade I was trading the ah t-trade that I think Ken was commenting on live inside the trading room But you know it goes to show though Hey, there could still be room on the way down, you know, it's not going to be pretty not going to be perfect Maybe we'll talk about this live inside our traders talk workshop tomorrow a little segue for all of us in social media See the link on the banner below just to get started for us live inside our trading room to access that But you know this was a great short today rebroke below support on a couple of failed attempts from from early and Once it rebroke it again made the big move and even here on the way down to eight dollars You know another big support level I wouldn't expect an immediate continuation right away But you know look for more selling look for more red on the tape here so long as the stock is shortable There could be opportunity to be made on the way down All right, so hey, we have three good stocks to start to start our watch list off with here I mean between OCGN and VXRT alone I'd be pretty occupied and then I mean I have to give X a little shine here, right? I mean my US Steel Made the push close to 25 generally just held under that price, and that's it Again, we'll check back in with this at the tail end this meeting But you know what we'll do folks is go from top to bottom now. We still have some action on the PRPO I think and then alongside that a few other cheaper ones that are moving here So yep, right as I say perfect Q so PRPO ended up just false breaking over the resistance off of 4 I Could say that because you know it's under that price and it broke above it here So a pop above 4 pulled right back below that price. That's not a good sign for continuation on the very short term I can't even show you the prints on the tape really even I mean There's so much volume being traded on the stock You know 213 million shares roughly and obviously going to be counting from here on out But you know I would look for false breaks on this on the way up just like I said for VXRT on the way down So yeah PRPO. I don't know the float on this stock. I could easily check but Just say it's running a 17 million share float So I got time I actually got a free afternoon and a jump back on anyway 3 30 for all of us in the trading room But it's been a long day talking. I got some time here to do some math So let's do some math 214 million shares Right, that's roughly the amount of volume. That's trading now now more Divided by 17 million or divided by 17. So I'm doing 214 divided by 17 The stock is trading 12 over 12 and a half times what it what its float is So in terms of exhaustion Be careful on this trade. I mean, this is exactly where we would want it to be going into the afternoon Moving up at the high is breaking higher right now as we speak But that's not a foolproof or guaranteed move to see this move up to 450 or five later on I would love for that to happen But just be very mindful of a potential false break, you know the stock strings so much volume today So if it's not gonna break any higher, it's not just gonna like coast sideways and do nothing You're gonna see massive sell-off if we're wrong on this continuation up All right, so there we go PRPO still looks good. I mean, I'm just being cautious when I say that You know, so we're gonna add that to our list the RHE tree talk about chop. It's like chop city This thing's been like up and down up and down in like tight ranges and then it snaps it down and up It makes a move but look not the type of move that we would like to have here So, you know that aside, it's got big spread at times very empty order book, you know across the bid in the ask Keep moving BTX I mean again another gap up higher in pre-market this morning So, you know as far as the swing trade if anyone was in from earlings just you know riding it out just for fun Then you know it could have paid off even further this morning. That's not my strategy I did not touch this with like a 10-foot pole, but you know what goes up does come back down That's what I was trying to warn us for going into this week Let alone the last you know a couple of trading days But ended up dumping off in pre-market going into the open is dumped lower here at first You know kind of squeaked up, but I only expect this to drop off more You know across this week and if it moves up higher God bless, but I'm not in it If anyone makes money on this trade Congratulations, I you know if it ends up dumping off. I can't say that I would be surprised So AMS here will keep going though from top to bottom I mean hey nice cheap nice cheap stock order book relatively liquid Just not really like making too great of a move right now So maybe keep this on the side. Just yeah, we'll see if there's anything looking better right now this IS NS I mean, I guess I could say about time here for this one too This one ended up making a little bit of a move up back on Friday last week, right? Just you know past trading day, but I don't think it really made the type of move I was expecting for it to make it ended up like making Yeah, you could see here from The 30th it ended up making this wacky pop after three o'clock or right at three o'clock You know pop and drop and that was it. So you look at that chart that candle on the daily chart That's a little misleading You know, it looks like a closed at the highs there But it like wasn't really that great of a trade Friday for us like it popped. Yeah, but I was like pretty fast And at nearing like the end of the day So, you know, it gave us a lot more to work off of thankfully today and it really didn't take long for that to Happen I mean right after 1030 big move up and on the re-break off of you know, we'll call it 720s at 727 25 You know the resistance here that was kind of holding That created support and that lets the move up that you saw later on So, you know, I'd rather follow a stock like ISNS compared to the AMS right now if you know Comparing them. So I don't mind slipping this on our list. I like the others a lot more so far compared to this I say that just because of this beginning to dump back down I just don't think it's as likely for it to you know, pop and break even higher and run up another dollar from where it is here You know times Kind of on our side it's still but you know tick tock and then also the stock just made a big shake down So it has to make a big shake that all the way back up to these prices before breaking higher So now it's a little bit more to ask for this move stock to continue to go up Gary saying exit 25. Yeah All right, let me just jump to that fast. You just like heard my brain operate right there. So, yeah, you could see 25 and the prints were filled above the ask I mean that for what it's worth still a lot of buying coming in including mainly this 82k print So that was taken out in one print one transaction on top of that all the other volume that you see there But yeah, that's why I was saying a hundred plus thousand shares. I was expecting It came to that just late Gary you probably type that maybe like Ten seconds before I look back at the chat board All right, let's see what else we got though looking good though, obviously X tops just named stock here We've seen this pop and drop before it's dropping now after a pop There's our OCG and you know still kind of shaken and rattling around here I mean it is shortable if it doesn't break any higher than perhaps we could see a break lower make a nice move down Already moved down nicely off the false break first from 16 here B to you. I've seen this one move in the past a nice run-up from earlier today Interesting and just just checking it out out of curiosity just the gap down back from Thursday last week It dropped a big bull hammer here and then breaking higher today So that's easy to say in hindsight, but not surprising from my end Could be a good sideless stock for later on this week. Remember last stock I said that about the XXI I and that was a really good move on the way up from last week and Ended up actually dumping off and providing a good opportunity as a short So, you know, hey the stock actually shortable believe it or not to speak to you GPS pushing up how about this gap For any of our longtime students kind of like with X. I'm not as in fact I was not as infatuated with GPS in the past but I've always said off of news off of news or any sort of like, you know catalyst that can allow this to Gain more traction then I'll be interested in trading it has good spread for right now good liquidity I don't know what the news is, but I do care to check. Let's see gap shares trading higher Leading the apparel space for the session not seeing company specific news blah blah blah I don't know if they have earnings coming out. I'll check the earnings calendar from Benzinga Pro You folks can't see that here, but uh It's chicken wouldn't shock me if they have earnings coming up after the bill today, or perhaps tomorrow morning. Oh What am I doing GPS typing gap? type of ticker It's getting a wacky ticker there. Let's see No, not until June 3rd interesting. All right, so I don't know what the news is That's allowing this to make such a nice move up up over, you know, 10 almost 11% Just broke out over 3650 let alone this last peak. Wow the gap's been on a freaking tear Oh my goodness. I mean, it's making the same type of move that you know, the S&P's generally made since the pandemic, but Pretty interesting to see though. I mean, I guess I haven't traded this in quite some time too All right, I'm just looking out of curiosity right now. I got the time to do this 36 looks like it broke out from this like historical high here this top Roughly around 35 you can't give a specific price level on that but you know that was that was former resistance at least so Hey, that's why we're seeing this make a more accelerated move up. It seems like here I mean, you know, obviously smart money wanted to keep this above at least that price let alone a higher low and Now making this push up, you know faster here. I like it. All right So let me go over to the loser's list here fast If there's anything else up down left right then type it in the chat board got a couple of us live in cyber group like Debbie Saying BRN just popped and lead us saying the IS NS which is already on our list. She's saying it's popping now I said that that was near the bottom of our list But that's making a big move right now that maybe I'll kind of like a promote that so to say and push that up higher All right Vaxer what the hell is happening here? So this is already on our list we talked about this from before it didn't break below 8 It didn't test 8 it hit 801 So that leads me to say that even if this drops down to 8 coming up and breaks below 8 Don't look for the short right away And if you do then just play it really tight. I mean you might think it'll stop you out and move on without you but You know, it's a really big level on that trade It's not just gonna meddle at 8 and that's it if it breaks 8 It's gonna make a big move either down Which you'd expect or if it ends up moving back over 8 then it might fly off short covering on the way up But we'll kind of react to it all coming up shortly. I mean nvax another vaccine stock down big I knew that there was some article out I think who's on the Wall Street Journal about like or maybe New York Times one of them about just vaccines in general And I saw vxrt kind of be included with that. I think alongside that nvax. I think that was out just from this morning, but Yeah, I mean nvax as well I don't know if this was also earnings included but ended up dropping off big today as well Take a look at you know some more some stocks that are more within our price range Sorrento I know those are more vaccine stocks that have been shortable in the past if they're all making the same move then why not Bunch of crap hard to borrow though to be honest with you otherwise across the loser's end here This Sun stock was on the gainers side to start the pre-market So that's pretty interesting to see it down 12 plus percent mark not the student but the stock I always joke with that. It's a dad joke, but ended up dropping off today not a whole lot happening there Space all right. Let me get the news blurb out on space here. So Took a hit this morning Taking a bigger hit now. So news out from space It was from Friday after hours Virgin galactic shares quiet on the report NASA tells SpaceX to a halt work under a contract to build lunar spacecraft pending Pending rivals challenge at the US GAO. I don't know what that means, but nonetheless that sounds like not so good news I don't know if there's any other developments from over the weekend. I don't see anything otherwise from Benzinga Pro here So I don't think that there is if there is then type it in the chat board Just keep us updated but ended up just making a big move, you know shortly after the open dropped off right away And really there is no no looking back ended up, you know Consolidating underneath your former support treating it as a resistance and that lets the move continued on the way down But you know at this point, this is a great stock to watch just because it's testing a major support once again And this one it hasn't broken through yet. So, you know, it's coming in down to 20 I would imagine for there to be a help a lot more than just 21,371 at $20 there on the bid See on the blue Column here this order So there's got to be a lot more to it than just that But I'd even say from here wait to see it break below the level first and then see what happens after if it shoots right back Over that 20 then perhaps it'll be a false breakdown We'll see short covering or you know if it ends up breaking below 20 and you look for a lot of red on the tape Below that price maybe it Insta drops I think the former will happen first where it squeezes back over 20 on a false break But then react to it effort that ends up re-breaking 20 on the way down that leaves Or that leaves you likely to your next move on the short and VIS not a whole lot happening hard to borrow pretty choppy to kind of like OC GM But OC GM stronger on the way up than this is on the way down Even if I can't short this I would put this on our list if it was dropping off better because I know that there are other traders out there on toss or maybe IP or Or you know fidelity otherwise that may be able to short this Actually, I don't know if this stocks listening to me or I don't know if it's a Mitch Connor on YouTube That's asking about another stock BRN But man this thing is dropping off quite a bit right now I don't know if this stocks listening to me here talk trash about it But it's kind of a trying to prove me wrong So you know what you know what we're pretty familiar with this trade this MVIS just you know the last week I mean it's been every day we were watching it So let's drop it off now if you could short this then this could be an interesting opportunity right as I say that pretty interesting Alright cool. Let's see if there's anything else any other stocks that look good Cross the losers list otherwise Tiger Shortable or I mean hard to borrow on trade station today, but there's also making another move on the way down It seems so looks like the fintech stocks again beat up to Apple ended up shaking down after the open. We're not going to treat Apple. Maybe just show it quick Popped up. Yeah popped up then dropped off after that's do it's trying to squeeze back up to that last level 133 I was doing the timing of research broadcast earlier just the podcast earlier today and ended up talking about that level You would expect it to be a support here on the way down and just slice right under it goes to show You can't just you know buy a stock on the way down expecting support to hold Because look how long it took for it to move back up and how far it dropped first So, you know, that's not our strategy. That's not what we would do and interesting that this is getting the squeeze back up though We don't really have too many earnings for the After hours today come tomorrow. We have some earnings They say that's my crappy handwriting on my whiteboard calendar Tomorrow morning CVS pretty name brand stock obviously under armor Pretty familiar race Ferrari got lift in the afternoon tomorrow Well, we'll keep us up all updated going into tomorrow, you know in the morning with Fausto, of course with myself in the afternoon here All right, so for all of us across the board live inside the trading room and of course on social media If there's anything else you would want me to look at again I'll check out the BRN to begin Mitch wrote that just about five minutes ago Just got halted on the way up. You need to see more orders more volume to fill in Yeah, I got halted on the way up. I took my time before jumping to this but reopens and has since dropped Yeah, this stock is like super low float. This is like, you know, what you would see I'm not gonna name names out there on YouTube, but you folks do the homework out there It's like the type of stock you would see like the Pop and drop people the pump and dump type players do and luring people in and then dumping it off after and Keeping everyone trapped in it's on a 3 million share float. So You know, it's doing that right now. I actually say that because I think that happened the last time I remember us Following the stock ended up making a huge pop after the market opened this day and then dumped off the following day Huge gap down in the after hours and then that was it So, ah, you know at this point now after this big break below four bucks I'm gonna pass on this for right now. I think that we have a pretty busy list already But I appreciate the call and if it ends up breaking out a little bit more if there's more life on this trade on the web Then you know, I'll be the one to call it out I'll be the first one to you know look at and say hey that looks pretty interesting Watch it's gonna do that right now It's gonna listen to me talk some trash about and then make the pop-up now, right Mitch From Tassie's calling out plug at the low of the day Yeah, good sideless stock don't get me wrong in terms of volatility I mean, hey, I feel like we're pretty set on space and X and like all these others that are moving just a little bit faster But if you do well on plug then stay on plug I'm serious there I mean if you do well on plug day to day or you know week to week more often than not a then follow plug That this looks good But I feel like some of the others might get you more bang for your buck. That's all That's me being very picky with that Tass if we didn't have like 10 stocks on the watch list already that would probably make it for being honest CCJ I could probably say the same with this on the way up as you know plug on the way down a little bit cheaper But and and I will say and the spreads are good spread and liquidity is pretty good from Dan saw at our trading room You know, and I'll see the best one or two that we all have here collectively So maybe I won't write off plug yet, but Norman saying YGM Z Looks like another Chinese based education company CLU not doing a whole lot there Yeah, I'm gonna pass on the YGM Z stock for the same reason as I would on BRN That BRN looks better than the other one there. I think our GLS just too slow Getting back to a stock already on our list already here the ISNS I'm just going from bottom to top there. So later wrote this about like five minutes ago She was like it's popping now and yeah making the push up. Yeah, so, you know what? Hey, I don't think this will be on the bottom of the list or I will kind of promote this and Push it up to the middle. All right PBF from Marcel. We got a nice List of stocks here at least I don't want checking and checking this all out Again same thing same with this exactly as I would say on CCJ It's making I think like the same exact type of move Yeah, this is a little bit steadier off the lows and up more percentage wise. I think let me just loosely double-check. Oh No, I'm wrong on that. I mean, they're both making the same up move, you know going into the afternoon PRPO is a nice pop maybe running out of steam I'd rather follow this because it's cheaper in this in this example and this is up, you know To the point where it's either going to dump back down. We just write it off right away Dan or It holds support here off of form blasts higher like very soon So you're gonna find out very shortly on this trade ends up dumping below four Then don't let it be as much of a distraction Then just you know scratch this off your list and you know follow the CCJ Then the one that you wrote All of these don't look bad all these look good, you know, if I just let every stock on the watch list I'd have like a 50 stock list You know, so I gotta be a little picky and choosy here after a certain point folks. That's why I'm just saying that I'll tell you though from Benzinga Pro. I don't have anything else So, you know, hey, we got two four six eight nine stocks on our list I guess I could let one or two more on but otherwise list if there is a stock that you find that looks Tratable that you know has a chance to make a very big move and a big pop Then follow that at first if that stock does nothing in the next ten minutes Then don't get stuck stuck watching the grass grow You know look at look back at the chat board listen to the broadcast coming up You know for myself and rich coming up after three o'clock here for all of us in social media again I'll just sign off by saying make sure make sure that you go right down to the link on the banner below to get Started sauna for our live trading room, but for all of us there already I'll post the the picks and then we'll go from there folks. All right All right, so you get rich up until 3 30. I'll be back on from 3 30 going into the end of the day All right, I'll talk to you soon. Take care