 All right separate traders welcome on back here this Friday, August 20th shortly after 2 30 p.m Eastern time and to wrap up the end of the week here, right? I mean it is slow out here in the market, but great to see all of our students and members otherwise Norman John Tony skip. That's all I got chatting me so far at least but I saw Michael and Chuck Z chatting earlier Chuck actually took off you said he had posted just before actually you ended up doing pretty well on the FLGC trade Mara and riot as well. So hey, it's not to say that we didn't make money or couldn't have made money from the morning We did all right. I'm personally. I'm up a little bit mostly that was from right from the market open I was in and out of a couple trades just now I'm actually in one position currently and I'll talk about that in a moment, but you know, hey This is like kind of what we work for right? I mean these types of days in order to you know make this type of money consistently Hey, you can take off on slower days and just kick back enjoy life. I sure know That's what Fausto did earlier today. You know, I'm with that in mind. Hey, I mean by the end of the day today I'm looking to go to the beach. So no, let's try and zip through this afternoon meeting quick We'll see if there's any good opportunities to work with here heading into the final hour and 30 minutes Today is Friday. So I will recap Bitcoin here pretty briefly also quick producers note here If there's any background noise here during this meeting, I apologize It's like hottest can be in my home office right now. Just turn on my AC drops down to like 63 So hopefully I'll be good to go there But otherwise HYZN year up eight and a half plus percent right now You know, hey at the time that Norman called it out. It was a good call, right? Obviously, you know pushing up at the time breaking a new HOD the stock had a bit of a thin Thin order book and bit of a spread. So, you know at that you saw a sharper drop-off here instead of the continuation But hopefully there's more to go on the stock I don't mind at least, you know putting this on our main list to begin if we have plenty of better Opportunities maybe I'll give this to the boot, but otherwise it's nice to start off with this one for the meantime the HYZN trade Hylm Hylm Alright, so I'll tell you I mean hey for any of the stocks that we ended up calling out doing well on again FLGC one of them right here We'll go over it pretty briefly. I do want to start with the top percent gainer though It's up 205 percent whereas everything else you see is up 35 percent 24 percent 18 19 percent So, you know what the hell happened here on this RGC stock? Ended up making this big pop off really light volume going into like 11 30 12 o'clock You could see all the gaps on my one-minute chart even just goes to show how many times the stock got halted So I'm quickly looking this up on Benzinga Pro. I didn't even care to look it up earlier Just our is it RGC again. I'm writing the wrong ticker RGP All right, andrade did ball on the stock he picked up like a dollar 75 cents I want to scroll up to his post a five time. He ended up getting in on a half-sized position I don't think he posted his entry, but he said it was an in-and-out quick entry posted right at 135 eastern time Then that is the time. All right, so RGC. What's the news on the stock? It doesn't show that there really is much of any news to be honest with you Don't really see much of anything just says halted on a circuit breaker The the trade resumes halted again on circuit breaker. That's it might just be a super thinly traded stock Super low float stock for the most part that has higher short interest looking at the daily chart I don't even know is this a new IPO even our new listing I mean, there's obviously days here dating back to late July and going into this month But you know the stock was trading what 11,000 shares across the whole day on the July 23rd You know this day here a thousand twelve hundred shares. Are you kidding me? So, you know, I don't know what's going on with this stock. I don't know if it's like a brand-new ticker that started getting listed today Skip with the news right here skip rejoining us doing pretty well on Cardano earlier So I'll go over that for a skip and all this coming up pretty shortly crypto That is but RGC limited announces partial exercise of underwriters over allotment option All right, Brian says yes a new IPO from $7.16, but I don't know though I mean it didn't really show much on my Benzinga. Otherwise, I saw a skips post though You know, hey it goes to show we don't really need to know the news in order to trade the stock But you know in this in this case and in this specific example It popped up so fast and got halted so quickly and for every time it you know reopened off a halt I got halted again so quickly Made the stock untradable So unfortunately unless if you were able to get in like very quickly and on good timing perhaps like Andrea You know and get in and out fast the last thing that you want to do Is get stuck in it stuck in this trade on a downhaul, right? I say I said it yesterday I said at the day before you know almost every day here, but when a stock gets halted on the way down Game over that's a wrap. So you know last thing you want to do is get stuck in this and then have it reopen up You know two and a half points lower Probably dump back down lower heading into the afternoon probably gap, you know lower going into Monday next week All right So the FOGC trader so Charles Zee comments on this earlier asking if anyone was trading with him at least going into the Run-up off 1125 1130 ish But once it ended up popping off of 12 it started to get a little shaky, right ended up popping up to a high of like Nearly 1250 then from there came back down So you would have hoped to have seen a higher or low build Started to have seen it and then it shook down. I guess you could say it still hasn't truly broken You know lower it held off 1150 support, you know pushing back up right now the FLG C trade You know, it's one that we are starting to become pretty familiar with just from the last, you know Really two and a half weeks worth of trading from late July going into, you know present, right? So pumped up from five all the way up towards, you know, 20 or near 20 ended up dumping all the way all the way back down I guess a little push-up here today I would be really careful around 12 started to see a lot of volume getting filled off of 12 or under 12 Just a moment ago So I would like to see not only break over 12th But to see it, you know really show volume on the bid off of 12 and for it to not get filled You know if we happen to see big volume getting filled off the bid Off the bid, you know we count that as selling. So if you're a little unfamiliar with what we're discussing here I mean, hey, we cover that in our phase one class just this week We'll talk more about that going into next week in the phase two stock course But yeah for right now again, it's kind of like the same to be said on the HYZN stock I'll put it on the main list for the meantime, you know for as Slow and stagnant of a day as we're having right now. I really don't want to have too big of a list at all I'm probably gonna cap myself off at like six if I can Why six I don't really know that was just off the top of my head, but you know GOVX here as we go through hey, this one was shaky leading into the market open here So unfortunately it only continued to remain shaky and choppy after the market Open so ended up dropping off after ended up continuing to break lower as you could see so I don't know I mean I ended up getting it on Getting in in the straight off of six and I left a ton of money on the table I ended up pushing up towards a high of 650 then much higher later on I took like what like 16 or 13 cents something of that nature You know just earlier, but now this thing is a sinking ship. So if this thing short of all I mean then this would be your best bet seemingly so, you know teach the road if this is short of all for you Then I'd put it on your personal watch list, but it's hard to borrow for us here I'd imagine it's hard to borrow for most but All right, so PXLW I got to say I mean for as flat as this thing is right now This is the one stock of it. I hate to say it not really hate to say it I'm in from 434. So I saw this thing start to shake up. It was like right. I think it was right here Actually, I just started to pop back up suddenly and I jumped in it was on a normal position size Nothing crazy and again, you know end of the week. It's you know dog days of summer So the thing that led me to stay in the trade is the fact that we ended up seeing a big iceberg order on the bid Right off of $4 and 30 cents I mean the guy had to have popped up as soon as I ended up getting into the trade I guess that was like fortunate timing But actually as I'm checking my level four right now And you could see it on the trade station matrix on level three on the far right side of my screen That guy that guy is not there anymore. You know that 23,000 share order on the bid at 430 That's not there anymore. So, you know, I'm a little timid I still have my stop set, you know right under where I got in so it's a low low risk You know scenario for me at least but it's so flat right now I was hopeful to put this on our main list for you folks But now at this point, I don't want to make you you know like watch the grass grow watch the paint dry So, you know, I say it all the time just because I'm in a stock doesn't mean I'm gonna put it on the list You know this thing now is flat the iceberg order on the bids polled. So you got to be careful. I know my you know risk with that Damn, alright, so let me ask you folks really quick the GR at Q trades. Is this Romagna of anything? From this week, maybe from yesterday, perhaps Norman in the meantime says HYZN tank. That's not good One of the two stocks I have on our watch list so far What is the stock remind you of at least from yesterday? Perhaps if you dig back into our watch list, maybe Norman says SNO way and honestly that that could be a good answer because the stock only continues to drop off too, right? I mean, there's a pretty good answer Norman. Yeah, I mean, this is a very good one that you can go with I mean, you know shortly after the open dropped off continued to break down later on. I mean, this is very similar to the GOV x-trade if anything this one the SNO way That's a good good call at least but the I was thinking more the Sunstock So and then from James F inside the live trading were yeah, I mean, I mean, you know just in the fact It's cheap, but the stock ended up Dropping off going into the market close It ended up providing for a nice little bounce opportunity after the market opened up But then from there fell flat right and then look what happened later on just completely dropped off going into today I don't know what the news was on it could have been more of a common stock offering perhaps I could be wrong on that either way just stock is that 48% it's our, you know, one of our top percent losers right now So for the GR and Q trade going back to this Maybe not carbon copy, but fairly similar So, you know, that's where I said before at least here when it ended up making a bit of a bounce And then it got halting on the way down That's it game over You know, it's as simple as that this got halted on the way up Which was great and then when it reopened up I was looking for an entry and I was looking for an entry right off of 134 135 here That was the opening bell print price and then you know got halted on the way down before that point even so You know at this point once it got halted on the way down I knew that it was it was a wrap game over last thing you want to do is get stuck holding on to a bag like that, right? Look at where it is now My pxlw trade actually just dropped off and I might be getting stopped out if it drops one more penny That'll be a minus two so it's negligible, but I just want to let you folks know at least View at least for the meantime, I mean it's near the highs But this reminds me of like Wednesday's trading if you go back to Wednesday's afternoon meeting You know, I was saying very similar for a lot of the stocks that I even put on the list They weren't really trading a whole lot of volume per minute the stocks trading about three four thousand shares per minute right now That's nothing especially compared to some of the orders that you happen to see on the book right now So I pass on this trade So Kathleen do well on the KXIN. Wow. Yeah KXIN is pushing up right now. Yeah, great So this one definitely our best bet for the meantime KXIN beautiful needless to be said This is on our list. You got an iceberg order on the ask at 375 1415 thousand share orders sitting there also got one sitting here 369 perhaps fleshing in and out actually That's a decent Distribution of the volume between the Nasdaq the arca and the bad even you know just you know So about 12,000 shares on the book, but it's not really one particular ECN or exchange that's showing more volume than another No, we talk about that again inside the phase one stock course We dig further into it and we will next week in the phase two course at least the more intermediate-based classes that I teach But you know certainly at least on this KXIN stock right now the trend looks great trading a lot of volume per minute I know that's you know largely based off this spike, but Even before that it was trading about 12 13,000. So, you know, that's a little bit more than the others All right, so I was looking at AMRS AMRS earlier And I was saying it was you know holding strong still at the time and you could still say that right now I mean just dropped off from making a new high a moment ago and pushing back up right now So yeah, AMRS will put on our list with the KXIN I told myself six year at four so I might end up kicking one of the stocks off Maybe the HYZN that ended up really tanking right we're not really too interested in a stock That's tanking at this point off the highs unless it you know just Moves right back up insta and that doesn't really happen too often So, you know, we'll keep it going, but we'll go back to the HYZN at the end at least Skinner's refreshed there. All right, so let's see if there's any other familiar names like MRI and I saw this You know earlier. I called it out, you know off the 523 support level and that was the low from earlier in the morning So I was hopeful to see a higher low I took the damn trade myself and well, I ended up stop ended up just getting out I just hit the clothes, but you know get outbreak even I just didn't think it was going anywhere shortly after I got in and Lo and behold popped up. So should have trusted my first instinct there, but yeah right now It's not really doing much for us. Otherwise, right like I wanted a much sharper pop at least at the time that I was looking at it Cara that's at the highs, right? I mean you love you love to see it, but not really trading a whole lot of volume per minute not really a big fan of that All right, so that's just that's just about all I see on the gainer side folks If there's any other familiar name that you see that's up down or that's up so far more than 5% Type it in the chat board. Let me know in advance. I'll hop over to the loser's list here next So Jeff, you know call out before also the AMC trade So we'll go to that actually coming up pretty shortly So the END P trade and the losers here first, but yeah END P end over familiar with the stocks when dropped off big-time in pre-market Ended up continuing to squeeze up after the open, but from that point topped off around 275 It's actually a great short throughout the late morning early afternoon I missed out on it, but it's just easy to say that hindsight with it being shortable good spreads good liquidity No for a stock coming off of bad news You figure, you know if it's not down extreme amount if it's not at ground zero if it's not at literally zero bucks Or like just pennies like the SES entry then, you know, perhaps there's still some opportunity to get on the way down, right? I mean, I wouldn't mind trying to short this stock even with it even with it down, you know 30 35% But right now it's pretty flat. It was more of a morning move if anything, you know Once it rebroke below 250 seemingly that's when it ended up building the downtrend again. So I don't know I mean If it ends up dropping off a little bit more by the time I'm done with this meeting Maybe I'll maybe I'll reconsider, but it's almost like too slow for us here right now I'll tell you what not to be lazy and this is not me being lazy But it's just this for experience, you know, just on a day like this where you tend to see just, you know A bunch of stocks on the losers list. They're not really trading a whole lot of volume They're hard to borrow. They're not down enough for a dead cap bounce, you know, maybe RLX. I'll look at here That's a stock I'm familiar with Jack All right, folks, let me know if there's anything that you would want me to check out I'm gonna check out AMC from Jeffrey or Jeff. I should say Yeah, it's at the highs. I mean, why the hell not so, you know, we'll put it on our list. We're familiar with the stock. It's tradable You might happen to say that for a couple of trades here But I want to deal with the stock that's more volatile than anything else like, you know, express Listen, if you do well on express if you've done well done well more often than not on express Then I'm sure that you'll focus on it more But this isn't really like showing as much momentum on the way up compared to AMC. I mean granted AMC is more expensive My trade a bigger range. It seems this is like trading a hell of a lot more volume per minute So I'd rather focus on this if anything, you know, you put it more expensive All right, partial credit goes to Mitch, Mitch Connor on YouTube there There we go Mitch RJF with the FLGC trade. So that was on our list already I semi-reluctantly put it on our list, but for right now it hasn't tanked if anything It's been pushing up a little bit more over 12 So, you know, really, let's see. Let's see this get going Let's see a support off of 12 for not for it to not break or get filled But you know, let's see an order on the bid showing some sort of support here It's got to get, you know, really pushing right now, but yeah, it's on our list for the meantime RJF From Dan the OUST trade oused. We'll call it. I mean Got thin tier sizes bit of a spread right now not too big, but I Don't really feel I need to put it on our list You know, I love the trend to it if it's right within our price range So, you know in terms of a tradable stock, don't get me wrong. It's tradable, but you know I might happen to say that for a bunch of stocks at this point But it doesn't mean I need to put it on the watch list just yet I'd rather focus on an AMC right now to be honest as that's more of like a well-known stock like You know, if that's getting pumped up on Reddit Wall Street bets, you know That's something that I'd rather focus on is we have pretty good success with with AMC and those conditions From RGF also, which I'll get to Bitcoin coming up next. I reckon with BTBT here But RGF asking you think there's gonna be a bounce probably not today For as much as it dropped off. It started to bounce yesterday And then it just you know got crushed again here today So you really got to watch out going into Monday and Tuesday of next week I'd imagine the early parts of next week If we happen to see a break towards 10, you know, that would be a critical support level to watch if you're you know on a swing trade Alright, so folks, I think that's just about it. I think I did a pretty pretty good job at keeping the list simple here I got to get through Bitcoin. I want to jump back to the HYZN also Norman said it tanked. That's not good So, you know what I'm even gonna do. I'm gonna scratch this HYZN off our list Not really looking that great now for us. All right, let's see if I could do this in one shot Please tell me I can't oh, okay. That's not good Son of a Let's see here. There we go. All right Couple a couple tries there. We're good to go now though All right So we'll go over Bitcoin will go over Cardano because that's the one otherwise that I've been mentioning more of and I know A lot of our students live inside cyber group have been in Cardano based off what I had said about a week ago Really for the last few months, right? I've been all over Cardano for over a year now at this point But live inside the trading room here in this afternoon meeting really talking about that one for quite a bit But obviously the bread and butter Bitcoin here for the meantime, you know We ended up seeing it begin to pull back and I told you that there is a great chance We would see it come back down towards my EMA lines It ended up holding so far and getting a nice healthy push back up. So, you know, hey, I love to see it I'm always more worried about a sharper drop more than anything, but You know what at the same time as I say that I've been wondering for so long now at this point Because I've been saying this for a number of months and I've been patiently waiting, you know Since Elon and Tesla, you know, when's the next major company going to announce that they've made a major stake in putting Bitcoin on their balance sheet You know who did that recently? Does anybody know, you know, which company did did that as recent as yesterday? And it has more so to do with some of the other cryptos not even as much to do with Bitcoin But it's a good sign for things to come and you may have thought they've already done it Coinbase, Coinbase ended up putting a 500 million dollar investment into Ethereum proof of stake assets and others I believe Bitcoin as well But you know, otherwise just you're going to see more and more major name brand companies fortune 500 companies Nasdaq 100 companies Look to make that announcement soon. How do I know that because I've been wrong for a little while on that So, you know, it's coming folks. It has to right like, you know, I'll be wrong But at some point I'm gonna be right on that and when that happens It's gonna make for a giant pop just like when a Elon announced, right? That's what led to Bitcoin breaking out from 35,000 pushing up to breaking all-time highs up to 65 All right, P trader on YouTube saying Bitcoin looks really strong not really weakness on the long-term chart. So great segue. I Mean perfect segue. Thank you because here's my weekly chart So if you recall and I don't show this line as often I haven't of late But from last week I showed a couple of different horizontal price levels that I was monitoring on my Twitter feed 49,000 was the one I was talking about 49 and going into this week Bitcoin was pushing up there It hasn't hit that price yet, or it didn't up until today So why 49,000? Why not 50,000 50,000? It's a psychological level you'd imagine and it is but 49,000 because there's a couple of different point points of inflection here and with swing trading and investing you definitely have to Keep concerned with the opens and closing prices on longer-term charts like weeklies and monthly so and dailies But you know for me a weekly and monthly chart even more, you know 49,000 generally it held underneath here going back into February once it broke higher and closed above 49,000 here that's when it ended up moving up a little bit higher But at that time perhaps it was more overbought across the board, you know from the whole run-up from 39 or from 35,000 and even before that so we ended up seeing a big exhaustion point ended up pulling back, but before tanked Look what happens here. This is your second point of inflection inflection here ended up closing just over 49,000 and then from that point broke lower and then really dropped off. So This week it had just broken over 49 right now today I think the talking point will be to see it close above 49,000 and then really blast over 50 I think that'll be the big talking point for things to come here on Bitcoin. Alright, so That's that looking at Cardano though and really quickly just going back to Cardano I brought this up a week and a half ago again on my Twitter feed I made this comment just talking about the hundreds of 500 crossover here and at the time it was at 142 Since is not only moved up, but as of overnight into today Cardano broke a new all-time high It broke the all-time high that has set back from Maytime here. So Up up and away we go on this, you know, who knows where we'll you know find the next local top I don't think it will be necessarily three exactly it might be maybe 282 Maybe if it blasts over three will top around 315 320 then drop those are numbers I'm just shooting right from the hip, but otherwise though for the meantime we're looking great on Cardano at least otherwise Looking at some of the long and short interest across the board on Bitcoin Cardano, Ethereum You know not a whole lot of really, you know activity across the last couple of days granted Cardano has been taken off I would have thought that we would have seen more short positions open up across the last 12 to 18 hours But we haven't so Maybe people are starting to really believe But otherwise we'll kind of show the same data for Ethereum, you know Very flat just looking at the red and green lines. They're not a whole lot to really talk about No major drops no major spikes in a long or short activity just over the last seven days on crypto So if that's the case and Cardano is pumping up that much Imagine what happens once we start really seeing some whales, you know jump in that That's my food for thought for you folks today. All right, but otherwise I'll do one more round up because I was flapping my gums for the last five minutes on crypto Let me know if there's anything up down left right more than a five percent that you would want me to check out here quickly Lastly jumping through my Benzinga pro here as we wrap up, but I got nothing And express it's at the high still but again, you know, hey, it's not on the main list But still very tradable stock on you No problem at all folks on the crypto On the crypto stuff there. All right. Hey for anyone on social media Facebook live or YouTube I say this all the time But especially heading into the end of the weekend especially as we have more new Attendees joining us on social media if you have any questions feel more than free to send over a quick email more than anything else Send it over right to my personal email address. My name is Josh Levitin Josh at ctu training comm is my email Otherwise feel more than free to join us live inside our trading room Monday to Friday We open up our live trading room beginning at 7 30 Eastern time We close up shop at 4 30 Eastern time every day But go right down to the link on the banner below to sign yourself up We talk stocks mainly but otherwise, you know, a lot of us here inside our live trading room like Andrea and James I know Jorge, you know big into crypto Lewis Otherwise as well And plenty of others. All right, so, you know with all of us here I'm gonna just post and tweet the pics for right now But otherwise enjoy the weekend folks for all of us on social media We look forward to speaking to you folks coming up on Monday of next week. Take care