 All right cyber traders welcome on back here this Tuesday April 6th Welcome on back here this Tuesday 2 30 p.m. Afternoon time slot here for our afternoon meeting I no need for a sound check should be good to go at least across both ends I know that we are across the trading room great to see later Ken I saw a grant just before Charles Bonnie Joe Norman all of our students live inside cyber group Get a private chat right now there as well We talked about that live inside our traders talk workshop really quick Just a couple of housekeeping notes with that in mind Maybe the only housekeeping note But our recording of traders talk our weekly workshop that we do live inside our trading room every Tuesday morning Which we of course just completed earlier that is already on the student dashboard Or at least it should be in a transmission right now if it's not up there It literally as we speak it will be up there probably in the next 15 20 minutes But with that in mind, I mean hey RMO. Are you kidding me from where we left off in traders talk? Are you kidding me? I mean normally around 10 30 11 o'clock You would anticipate what we would nickname reversal time to see stocks like RMO like the Mudge trade perhaps from earlier and a lot of others to begin to kind of you know Smooth off or like trend sideways reverse perhaps just kind of completely go the other way Man this thing just kept pushing right so what I actually want to do because we don't always have the chance to do this live inside This broadcast. I know that we normally do this live in traders talk So we'll kind of do a continuation here, right? So I'll show what what we nicknamed level for fouls to a time shows this its book map otherwise And you know with this gives you a pretty good idea as far as where the orders are or were from earlier throughout the day So you know where we left off during traders talk that was even 12 o'clock It was beginning to kind of tail off beginning to kind of round off right around 10 50 Now it's not to say all stocks reverse at 10 30 Eastern time 11 o'clock or so forth But you know you begin to see the momentum drop off and they normally don't provide for great opportunities at that point after And you know if they do then we might need to wait for a false breakout initially to see it Maybe make a false break initially above that resistance and then if it pops again Try and take it from there So we ended up catching it nicely off 10 40 10 50 level but from there even as this kept pushing up I was looking for a short going into like $11 1075 I initially was looking to pull the trigger to go short there It held over 1075 near flawlessly So I didn't get in on the trade but it kept going up well off of 11 I ended up jumping in quick off what I thought was a false breakout I was wrong and it kept pushing off from that point So you have to learn to get out if the stock goes against you because I mean hey if you're if you're there at the right place at the wrong time You could potentially get right back in the trade. Maybe what like five ten minutes later Well, unfortunately, there was no other opportunity for me to try and short and with this going up as much as it was as smoothly as it was I Wasn't as keen to try and just chase the trade and just lean into it So I ended up missing the vast majority of this squeeze and especially now that we're kind of talking about this during the meeting live I'm not in this trade currently But actually just before I wanted to talk about this because I ended up taking another short Ended up taking a loss, but it was right off of the 1140 level 1150 right here Actually, so I ended up jumping in short when it made this kind of false pop You can't really see it from level four here, but it popped and dropped that went short from 1150 It looked great at first. I thought this was the chance I thought with all of this built-up resistance that popped up here throughout the afternoon and it failing to make a clean Break over it at the time that right here roughly would have been an opportunity to short to see it reverse Drop down to the VWAP would be a great opportunity if I was right, but it ended up making a squeeze back up I ended up getting out on my short position as it rebroke back over 1150 I think I actually took a three cent loss on that not a scratch trade, but I'm happy I got out where I did look at this thing now. So with the RMO trade I ended up of course personally missing a huge opportunity myself on the way up But I want to toss it to all of us live inside the trading room right now You know, it's of course all about the entry making sure we can manage our position still So I don't want to distract many of us if if any of us at all But is anyone currently in this trade live? And if so if you don't mind if you can at least type the entry price right where you're in from And can I assume is in this trade right now? He was talking all about it throughout the day today saying if you were not long You were wrong and you're certainly right with that Andrea is in roughly around 1205 is a 12 12 dollars and five cents. I'm sorry Andrea in at 12 dollars and five cents Bonnie in right now Right up right off 12 28. So we're hoping for a nice new pop coming up on this trade Kath in at 12 11 Cannot currently in this trade. I know they picked up like 80 or so cents on the run-up at least before All right. Well, you know folks be careful at least at this point You know if you were in from over 12, of course We got to see this thing begin to break higher soon because Since I started talking this thing is just beginning to drop off and when a stock drops off We tend to see more profit-taking One thing that caught my eye as this was continuing to move up Although I was looking for the short and I was wrong at the time I was saying here. Wow, there hasn't been a whole lot of profit-taking that came in and that was well after I was even out but now at this point look at all the red dots that pop up here on my book map on my level 4 So, you know, we're hoping to see this begin to pop up higher for those that are still in like Kathleen Bonnie Andrea looks like it's starting to get back up here right now So let's see this begin to break this, you know minor resistance off of 12 30 from their 12 50 your next major resistance Nice pop back up. That's for sure. All right. Let's kind of watch this just for a split second No class today. I do have a coaching session. I got to be there at 3 o'clock first So I just want to see this continue to squeeze up here temporarily What I will do is draw a couple of trend lines that I had on my main trading platform here And I normally for any of our longtime students that are inside our trading room that could be like a jinx But I crossed my fingers and hopes hope that it's not a jinx here This was the trend line that I was following to anticipate the short So I was wrong on this where it ended up making the false break over the trend line And on the pullback this right here is where I went short. I thought it was a pretty good opportunity But I was wrong with the general direction and pop back up and I got out But now at this point for as much as this went up. When is this gonna begin to go the other way? I mean, I'm not personally going to try and short this until I see real good confirmation And if it tanks completely without me, then it would suck because this thing has been throwing me for a loop all throughout the afternoon And you know what? Hey for anyone in right now Wouldn't be a bad idea to even take profits and try and get in if it does kind of dip back down and make a Higher or low slingshot back up. I would look to take the money and run here at this point folks The RMO definitely going to put on our watch list here so far stock is trading 115 million shares roughly I would say that's quite a lot for this trade and it is given how much it trades per day Trades about 6.7 million shares on average per day and that was prior to this morning So, you know, it's definitely heavily traded but in relation to its float and that was a topic We talked about this morning. This has 108 million share float So, you know comparative to like the SJ stock the ACY it is not nearly as heavily traded in Relation to its float compared to those stocks. I'm just talking about the SJ really quickly. Look at this thing now So I was afraid of this happening going into the morning going into the afternoon Of course with this getting halted right around like 17 bucks failed to break out higher off the 1850 high the day And once it rebroke below the opening print, I think it was 1750 if I'm not mistaken there either way once it broke lower That was all she wrote and the stock is such a low float stock is trading 25 times its float today trading 47 and a half million shares and it has a 2.08 million share float right RMO has a 108 million share float starting 115 and a half million shares definitely heavily traded Don't get me wrong, but you know that was one topic of discussion we had in traders talk And it's just pretty interesting to see how tradable the stock still remains heading into this time of the day And I'm you know, even though I was personally wrong on the direction heading into the afternoon There was a reason why I was trying to trade it myself to begin right because I knew that this stock wasn't going to be as Exhausted compared to the others So for right now RMO definitely gonna put on the top of our watch list It's the only stock on our watch list, but by the time we finish up this meeting it will definitely be at the top So with that in mind Let's just go over a couple of other trades here folks that we ended up catching from earlier the SJ We did talk about just before we ended up catching eyes and of course You know, I guess I can go from top to bottom here right now at the beginning But I want to talk about this ice trade. We did catch this going into traders talk I kind of turned right over to it as it was like pretty much near the highs off of 10 It was like me, you know already making a big run and we came to it a bit late eyes is another low-float stock We ended up catching going back into you know early March pop from four bucks three bucks here all the way up towards over 20 What goes up eventually came back down So the same thing ended up happening here, right ended up making a big pump up dump back down It did make a second wind type of play here where it squeezed back up But still made a lower high round it off roughly around 10 10 10 there and at this stage right now dropping back down I guess you could say there's a chance it can make a higher low and run up to break higher, but For right now I'll kind of keep this on the side see if there's just any better-looking opportunities taking us into the end of the day All right, so I guess with that I guess we will go from top to bottom right the muds trade and this is the warrant I know that the warrant did a lot better percentage wise compared to the equity and UDS I was more interested in trading the equity so this ended up you know making a really nice move up This is the equity here muds we ended up seeing this make a nice pop shortly after the market opened up Thankfully it ended up re-breaking above a resistance off of 11 and ended up running up pretty nicely at least in the morning Going into the afternoon. It did squeeze back up. I was hopeful for this to you know look to run higher Actually what I'm not really Too knowledgeable about just yet because I did take my eyes off this trade. I was too focused on the RMO What the hell is this? You know, we always talk about this folks for all of us live inside cyber group I'm talking to Ken Joe Leda Bonnie Grant all of you folks. We always talk about this We have to find the smart money right the heck is this a 510,000 share spike of buying right here at 209 Eastern right here it is a 497,000 share print filled it was above the ask at $11.54 plus cents right so hey what has happened since that time? Well it ended up making a small squeeze up. Yeah, but his since come right back down So, you know at the muds trade here until this can cleanly get back above this 1155 I would not be as interested in trading this hit going into the close It's near that price still so maybe I'll come back to it at the end But for right now I'll pass just you know for right now a little indecisive All right, so the RMO we talked about the SJ we looked at briefly the BTX I for whatever reason if he followed me from the morning meeting. I still don't know why but ended up Failing to load data for me. I don't know why I wasn't able to trade this today But I guess there wasn't much for me to trade ended up dropping off after the open. It's hard to borrow It's impossible to borrow from what I heard from students and ended up dropping off nicely towards like six and under but Yeah, unless if you could short it I would pass I mean it seems that you know you can't see it from level three, but I know this stock has a penny spread It has great liquidity on the order book String 43 million shares. So yeah at this point right now I mean if you could trade it and if you could short it that would be your best bet But if not I would move on The GLSI stock pretty expensive pretty empty order book there, too Galtz GALT ended up making a pop and a breakout later on beautiful push actually I wish I took part in this as well Ended up pushing up from roughly 245 250 resistance topped off over three and back down it went It is shortable, but it looks like the volume totally died off on the stock Like there's really nothing to focus on so far on this one. All right the G box stock I've never seen this one before I'll tell you here's a quick little tip And you know this just comes from someone that's been doing this for almost seven years and Fausto could certainly say this for You know 30 plus years But the more that you're doing this each and every morning You tend to know what stocks you've traded in the past like I've said this before throughout this week as well But just going back to RMO one more time like we've never traded the stock. I don't think ever in the Set almost seven years that I've been here seems like a relatively new stock But even going back into 2020 I At a minimum do not recall these days to where we saw RMO squeeze up I would normally say hey look back in this day. We traded this year. I Legitimately do not remember this run up. So if we did trade it, I don't remember it But nonetheless, it's this type of move like today up 50 plus percent just smooth sailing going into the afternoon I will certainly remember RMO going forward So, you know, I do say the same with other trades as well Like just because we haven't traded this stock before doesn't mean that it's not going to be a good trade It just means that you know, hey if it hasn't provided a good move for us in the past I'd rather focus on something to begin but hey, I mean, you know for stocks like galt even you know That ended up making a nice run going into the afternoon a pop and a drop it is shortable I don't think I've really ever traded this one as well But you know what I might just put this on our side list for the remainder of this week Rail is one that we have traded this one is at the highs right now. Lovely trade heading into the afternoon So easily enough the rail trade will kind of add to list with RMO Yeah, this thing took a big dive going back into the end of 2018 It appears big gap down dropped off from roughly 13 who downs like a buck and of course just over the last week And a half we've been trading this more so here All right. I got a call out from Norman. I thought I saw before an XL It did make a nice pop just earlier heading into the meeting I'll be at pulling back look to see the stock make a higher or low Perhaps make the same type of plays it made going into like noon time here, you know pulled back And then made the slingshot back up higher So maybe in a shorter form will happen to see that here going into the final hour of the day So yeah, Excel will add here too And we traded this if it wasn't I don't think it was yesterday But I know that we traded this stock called it out over the last three to four days Maybe off of this squeeze up here, perhaps All right, so I think that just about does it on the gainer side. Am I right with that? I don't think I'm right actually with that got a couple of couple of other familiar names I feel like those stocks that kind of dropped off off their runs from earlier today Like the carrot trade rich called out off 28 held 28 pretty nicely at least off a false breakout and came back down IQ look at this making a nice little move back up Ken must be happy for this trade But yeah, I mean hey still really strong. So I guess I'm wrong with that assumption that I'm done with the gainer side IQ Definitely gonna add to our list. I Guess with that in mind as well. We'll check out Tencent will check out the Neo Neo not up nearly as much percentage wise, but you know, I guess you could say near closer to the highs TME though looks pretty interesting For as much as that took a hit going into Not even last week the week prior now at this point dropped from roughly 32 down to 15 moved all the way back up towards 20 here and above So I don't mind the TME trade adding alongside with IQ They don't move carbon copy, but you know, they move relatively similar You might even say the same on firecom, but that's pretty expensive. Let's say Yes, one's choppier All right stitch fix familiar name haven't looked at it today a nice little pop You know if you're into the more expensive trades out there. I mean this looks kind of interesting GOE v up 9% making a beautiful push taking us into the afternoon Looks like this had a huge gap down going into last week I do recall that ended up providing as a good short opportunity Actually, I mean was both from that day the morning and then the afternoon I think we put this on our watch list as a short going into the afternoon I think that was just back from Tuesday of last week. So for right now making a really nice dead cat bounce GOE v whoever said I was done with the gainers list is certainly wrong All right, let's see. Maybe Roku really expensive stock $360 still at the highs of the day. Maybe if you play the options on it GMBL e-sports stock if I'm not mistaken. I want to check in on super league gaming made a nice pop going into the early afternoon AESC pretty spotty. It seems like yeah All right, that it that's just about it on the gainer side folks. We have a good list to begin Let's hop over to the losers list see if there's anything looking just as good if not better Bunch of actually not really a whole lot of stuff. That's hard to borrow so far Gotta say. All right. We got some things to choose from here just because it's shortable doesn't mean that's gonna be good Semi-trade from yesterday we I think we put this on our main watch list heading into the morning though Yeah, we did so on this trade. I didn't really focus on it nearly as much I saw one of us jump in and out for a tiny loss But you know after that it there was no real reason to jump back in that trade or try to so I moved on I guess the better trade would have been to short it but You know, otherwise, you know, I'll keep this on my side list for the remainder of the week for tomorrow I'll check it out right away for Thursday, etc. But Yeah, for the afternoon today, it's not doing us a whole lot And with that, I guess it will jump to Mara I will jump to Bitcoin because aside from the RMO the more interesting thing about this morning was how we ended up Seeing Bitcoin like get crushed. I mean almost as soon as the market opened up I mean I came off the meeting saying, you know, I was hoping for a really big push-up at some point today or tomorrow I guess that's still in play But damn we ended up seeing stocks like Mara stocks like riot You know just get crushed as soon as the market opened up this morning and it was all based on Bitcoin's drop There was like no news that came out Not that I saw at least but this is a five-minute chart really quickly just to show what happened You zoom in here that is I mean this is 8 50 in the morning. This is you know going into 9 30 So oh man, just if you were watching the morning broadcast and listening to me I was saying how bullish I was and I certainly am long-term and even short-term coming up in the next day or two But this went the complete other way whoo ended up taking a big drop Bitcoin spike back up At least going into the mid to late morning and into the afternoon So, you know, that's where we end up seeing a lot of these stocks begin to find some support can which we did put on Our watch list going into the market open this ended up making a really nice bounce back up I have to say so whereas the others like we're more expensive and actually didn't make that sharp of a Recovery this ended up making a big squeeze back up and so did the e-bond trade e-bond from five That was a good squeeze from the five dollar level So maintain the strong downtrend off the pre-market here heading into the open I know that e-bond we put on our list specifically because there was a short report came out that came out from Hindenburg research, so you know if you were able to short it what I mean, you know would have made for a good Set up, but otherwise hey right off the five level here provided a pretty slick dead cat bounce so far You know for the afternoon, we're not as keen to put them on our watch list If I were to pick and choose one over the other it probably be can Canon, but yeah for right now. I like what we have here so far All right, so I think with that in mind I'll say once again that just about wraps it up for me if there's anything from you folks here on social media Facebook live YouTube or for anyone live of course inside our trading room type it in the chat board. Let me know a Good friend Doug on YouTube here calling out the FSR made a nice little pop. It's only up 1.7 percent But it is a familiar name. I don't know if there's news that came out on it just yet I can certainly check and find out Head of all of the stocks I kind of threw on our quote-unquote side list here. This would probably be the Best looker of them. Let me just see if there's any news on this trade Was the newsman early in the morning today. I'm not gonna copy and paste right now, but yeah There's no news right now no headline that came out on this trade Doug So, you know right now if unless if you do really well on this stock day to day And you'd have to answer that for me Unless if you do really well in the stock day today, I just start on another stock that's already on our list. That's all CCIV just popped nice 3% move there says Jake. Yeah, this too, huh? Pretty interesting that both moved at the same time. I don't know if there's I don't think there's an affiliation with Either of these No headline out there on the CCIV either both are familiar names. This is up 5% already so far That's from yesterday's close that is but I mean hey CCIV seems more volatile I don't mind giving this a look here the CCIV trade this one. We are familiar with at least, you know the spreads Are well contained for right now at least the more volatile it gets the more will open up. Oh And actually I got to give a gotta give our friend Mitch see and on our YouTube stream the credit also in CCIV They called that out too before I go from bottom to top so I apologize there Mitch I Blue sky on YouTube saying RMO my broker says a 10.3 million share float That's pretty interesting. I believe my number here is correct with 103 million share float 108 million I'm sorry 126 million in outstanding shares. I haven't seen this number off If there's a different number that you folks see then type it in the chat board for all of us inside cyber group From Greg he's got a double news report for us here So he says in relation to not just CCIV another one KNDI candy technologies We love trading that stock off of news That's things not doing anything Following an electric report us rumored to raise the EV car Incentive to ten thousand dollars. I don't know. I'm not really the most knowledgeable on the sector Greg I know is just copying pacing from a benzene a pro. So I appreciate that Greg in terms of that move I guess that explains the correlation between an EV company like FSR and then CCIV. How about a Nikola? That in mind Nio is not really making a big run up just yet Hmm any other EV stocks out there solo making a bit of a pop right now a YRO looks a little interesting here. It was like doing nothing all day and pretty spotty, but Looks like some sharp volume coming in on this trade to Geo EV Joe says that's already on our list. I don't know if that's an electric vehicle company if it is then hey there The more you know for me, right? Greg says FUV made a little move off of that news and not really a whole lot to write home about there, too I'll tell you I mean hey CCIV is all we need, right? And if there's any other stocks that you personally do well on day to day If not day to day then week to week like the FSR like the Nikola Crap what's the other one right off the top of my head right now for work horse like a work horse You know just these come off the top of your head over time just the more you trade them So, you know with a lot of these EV companies start with the ones that look the most active right now Right and then at that point if there's anything else from the side list now that that makes the big move Then we'll look to call it out from there All right folks so aside from that for all of us on youtube live and uh facebook make sure that if you haven't already Like subscribe notify right on our youtube stream. I don't always say that day to day So go right to youtube.com slash cyber trading you otherwise, which I always say Feel free to join us live inside our trading room Go right down to the link on the banner below to sign up for all of our students live inside our trading room Just uh be on standby. I know that rich will jump on the mic at three o'clock I'm going to jump into a coach and call myself I'll be back on at 3 30 taking you into the end taking you into the end of the day Talk to you soon