 All right, Sabra traders welcome on back here this Monday March 6th shortly after 2 30 p.m. Eastern time welcome on back here for our Afternoon meeting should be good to go across all ends here inside our live trading room great to see Grant Michael and all this Just joining us right now. I got the loud and clear from Mike So I know I'm good to go there great to see all this though Otherwise joining us on social media Facebook live LinkedIn Twitter or YouTube I'll say what it's been a bit of an interesting day all together Markets have been relatively flat the last hour or so but that doesn't stop us from making money, right? So the AI trade it's actually down on the day percentage wise pulling back now But let's talk about this trade at least to begin great to see Wendy and Brad so far as well Brad saying so far So so far so good love that so I mapped out my chart here this morning for the AI trade It was so volatile from the end of last week. How could I not this morning? Well, I was kind of actually under the weather this morning kind of self-diagnosing on Google No is fun to do right well that actually took my attention away from a lot of things outside of AI and one of the stocks I'm happy to say this one ended up treating myself alongside a bunch of us here pretty nicely now I will say though. I was focused on the UNCY stock more than this out the gate and with that I ended up seeing this kind of make the under and over from $27 right here, and I was too chicken to jump in I thought it was gonna pull back a little bit more Towards that lower green and just didn't fall far enough ended up breaking under and over from 27 from there ran Now from that point though as it ended up breaking above the opening print from today as well as yesterday As well as Friday's weekly close from the end of last week roughly around this 2848 2850 I wouldn't have expected such a clean pop. So it ended up running up really well Well, let me ask all of us here because actually we have class not this week But coming up, I think it's even in two weeks. We have the phase one class coming up on the 22nd So we got a little while to class little pop quiz for all this year while we're at it When a stock breaks above resistance and it runs off of it resistance should become support So it ended up holding as support heading into the late morning. I was calling it out here It led to a pretty sweet entry at the time But then ended up making a lower high felt a break higher up towards 30 and pulled back But it was a great trade for while it lasted now I ended up bailing out at that point though after ended up holding a higher low once again from here And I didn't know if it was gonna end up really popping making the higher high So I went in from 29 I ended up taking a very tiny loss as it pulled back and stopped me out But well from there if it's not gonna break any higher It's only one of the way it's gonna go so now at this stage AI I have no interest in it at this point, you know, if it was closer to the highs as a long I'd be interested in it It's hard to borrow on trade station if you can get shares to short. That's a different story But I just had this on the screen to begin. Let's go from top to bottom. Otherwise got a trio of stocks here up over a hundred percent BLPH damn I ended up missing out on this big time. It looks like I really had no focus on this trade Whatsoever today now, that's not to say that we didn't call it out I know that rich was all over this one from the leap morning himself I ended up taking a small break like I had said a little under the weather But with that in mind though ended up popping up pretty nicely retesting retesting off for and Led to the better run from there So broke back over for at this point ran up towards five now at this stage going into the close You know, it's so sideways moving. I do like that. It's closer towards the high still. It's hanging in there I'll put this on our list to begin But if it ends up tanking really lower from this point I might take it off But so far it makes the cut now stock that doesn't seem that will be making the cut now at this stage I didn't realize this from this point the UNCY stack We were calling it out just before rich was calling out at the time I'll put a new line up there But it was about a 54,000 share iceberg order out there off of 134 and 130 was a key level as well from today And I was pretty shocked to see this make as good of a pop as it made at the time heading into the meeting But it felt even hit 150 they kind of just fell short of 150 Ended up lower high there and a big ugly drop. I think this thing even got halted on the way down Didn't it? I didn't even realize that Yeah, look at that got halted at 228 reopened up at 233 now That's like the third or fourth fourth halt on the day We ended up trading the stock really well from the from the morning session and it was right off that 130 level So ended up dropping back at first from the pre-market run Shook around a little bit So it ended up stopping the outbreak even and then as a curdle back above 134 here my entry on this was at 135 I guess you could say the cookie crumbled well on this to where it popped up very shortly after got halted on the way up But a bunch of us were in that trade with myself and then at that point I hope all of us got out, but otherwise I ended up getting out as it was off that 150 I know Phil did a bunch of us did as well But ended up drop dropping back down and that's where you could see where this is that where this Stock got halted to the downside 948 next candle or I'm sorry 949 next candle 954 So this right here is your five-minute down halt here so that's where you got to be careful history could repeat itself not just in the Potential buying that you'd want to see like I teach but otherwise what happens if it goes against you Unfortunately a big shake down. That's not nice to see at this time of the day So yeah, we're gonna pass on this trade now. It was fun while it lasted and Then finally out of the oh, I guess there's another one actually that just just joined the fray here We had a trio of stocks up over a hundred percent. I don't know what this is SFR We'll check that out next we got one more, but SESN is not looking good. It's a cheapy stock. It's not really Looking that great of a chart on this there we go while we're at it come on down SFR Ended up having a big pop just out of nowhere before we started this meeting. I don't think that we've called this one out even All right, let me check the news out on this trade. I didn't see the news out before on this thing SFR Worth Benzinga's got a reload here during the meeting, of course Let's see if we can get this up in the coming seconds Otherwise, well, you know that we don't really trade the news as much as we trade the liquidity So news out just for those interested SFR filed for a registering for resale by certain selling security holders up to 9.3 million shares of class a common stock so hey normally when there's some sort of common stock offering or whatnot There's typically a big drop-off interesting pop here with that news in mind But you know perhaps for as much as this thing got crushed from the end the last year here You know you can see on my weekly graph there I'll switch it to a daily, but I think took a huge hit, you know It could it could be a good short squeeze candidate and it's already a big right now So perhaps the question from this point is like when is it going to dump off? What points is this hit resistance and pull back, right? So be careful for this thing. It looks good right now, but don't let it head fake you and come back down Alright, what else we got here am am another stock that we're actually pretty familiar with this thing Looks like the perfect Fausto flag ended up topping off right around seven seven ish That made the big pop today. So, you know right now ended up running up as high as like near 12 Pulled back a little bit for right now, but we'll see if we could build a little support I don't mind slipping this just on our list here, too Kind of like the BLPH will be probably near the middle or near the bottom by at all You know if you can hold support here, then I'll be really interested But if this is the end of the road a lower high perhaps from the spike up Then I'd be able to look out there. I'd look for something else moving better BBIO well it's not moving better and that's for sure this thing is completely dead TRK a bit of a cheapy, but nice move right now Keep it in mind maybe for later come back to it if I need to nice to see if you're in earlier than perfect, but Keep it going otherwise. What else we got a cala if you're looking to Roll the dice go to the casino here this afternoon. This could be the stock for you But that's not what I'm here for so we're gonna see what else is out there in the interim Yeah, the S&P towards the low of the day right now It looks like it's pretty close to Friday's closing price as support, too So if it breaks that this thing could be really dropping off pretty steadily the markets all together All right, let's see if there's anything anything else looking good from the gainer side here right now That's snap chat, you know, I saw a couple of us call out snap earlier today I did not even look at it once and I just know it's such a slow moving stock So I'm sure it was a great call at the time from a couple of us here early, but you know nice move, but at this stage now It's just completely sideways. It's basically how I know snap to trade. So Yeah, not really my cup of tea here snap nice morning though if any news came out whatever, but yeah All right, let's hop over to the loser side though seeing if there's anything just as good if not better from this side of the Field's got a CRS down big it is shortable It's kind of just laying off support here at 650 But I like the fact it's making lower highs This stock is trading a little bit more volume of recent over the last 10 15 20 minutes You know some larger spikes of volume if that dies off and we don't see much more after that then You know, obviously it's not gonna make as good of a move, but it's already at support again off 650 It is shortable. So this is actually a pretty good short set up right now the retest the retest off 650 support. So Not a bad one for right now Yeah, Boyle Not really focused on that right now ESPR pass on this UIs it is easy to borrow my platform here and it is at the low of the day So that part I do like this stock, you know, but it just seems like rather slow So if I'm comparing one to the other if I'm comparing apples to oranges here, I Think this one's a little bit more worth the opportunity All right, we watchers ww is this we watchers. It is wow, they're a $3 stock now I mean, I guess they had to have been a $3 stock for a little while But sheesh we end up following them off their IPO and Man they got crushed Way for a nice short squeeze on this over time I'd imagine looking at that weekly chart from like mid 2018 all the way through I mean I'm just saying this extremely out loud from the hip, you know looking at that graph It looks very similar to the GameStop graph before that exploded. So don't hold your breath Trust me. It might be a long while from now. We watchers here, but looking at that graph eventually It's gonna squeeze in but whatever day that will be it's gonna make for a fun day trade. That's for sure Sgmo gonna pass on that. All right, folks. I think that's pretty much it I mean, albeit the markets kind of near the lows right now. They've been flat So if there's anything else that looks good type it in the chat board There's if there's anything else up down left right more than that 5% We watchers Earnings after the close this afternoon. Ooh, it's interesting to know. We'll trade them likely tomorrow morning, then I Got four stocks on our main list and I'll be really transparent with you I'm not like really too much of a fan of many of these the ACRS is the best setup on the way down as a short AMAM. All right, that's starting to build a little support. So I like that part of it Let's see if it can keep building this off 11 and the trend off the lows here going up Boy, we're gonna pass on for right now grand. Don't have a great need for it right now. That's okay. It's good to know that Welcome aboard Lois. Just joining us here today on YouTube. I appreciate the shout Lois All right, I gotta check Benzinga pro right now before we wrap up. I don't know if there's too much. I missed Eta oh Yeah Not really looking good there. I got the sym trade not much happening on that at all and then the BLPH It's already on our list, but yeah, it looks pretty flat. You want to start to see this bust to move pretty soon All right, then on the way down. Let me just check one one or two things on the way down actually check out save Speared Airlines this thing took a huge hit. So obviously fell off quite a bit earlier today rebroke below 1690 you'll see there 1685 perhaps even and led to a nice drop-off really good short here as well for save. I'll put this on our main list here, too I find a couple of good shorts right now. Let me take a look Way fair little expensive not even that expensive as much I mean this thing's all over the map in terms of price, but kind of more than our price range again Just a little thin volume on the book You know if you put if you have way fair on your side list, it could be something to keep an eye on Billy BIL I seem deal hard to borrow my platform this morning And then that brings me back to AI which again hard to borrow from me, too If it's easy to borrow then definitely put it on your personal main list. All right folks For all that though just otherwise for all of a sudden YouTube Facebook live LinkedIn Otherwise, we appreciate you sticking with us here each and every day each and every afternoon myself certainly If you have any other questions feel free to shoot me a quick email Josh at CT trading calm I always like to post my handle there at the end of these meetings Otherwise though if you wanted to just join us inside our live trading room Continue the audio commentary for this afternoon which will be on the mic from 3 to 4 p.m Otherwise for tomorrow or the remainder of this week go right down to the link on the green banner below the stream Right there to get yourself set up But for later for Grant for Dan Michael and all this just joining us otherwise Alan and Richard included Manuel as well I look forward chatting with you folks coming up. I'll be in the board up until 3 30 I'll be on a coaching call coming up with one of our students here So I'll be chatting away with you folks if you see something say something talk to you soon