 All right, cyber traders welcome on back here this Thursday afternoon August 18th shortly after 2 30 p.m Eastern time great to literally see all of us once again here later Included just joining us back inside the live trading room. I'll tell you what folks It's been relatively quiet inside our chat with the last hour You know a couple of things moving here and there but we're still kind of towards the end of the summer We're pre-labor day obviously, you know, we're kind of yearning towards the end of the week If it's beautiful out where you're located I'm sure that you have better things to do than watch a slow market, right? So great to see Michael great to see Nina grant and all of us live as well Great to see all of us back on social media Facebook live or YouTube. I'll tell you what there's a couple of things moving right now Obviously you see you should be seeing the ALLR stock on the screen right now beginning to make its pull back down But hey just another runner that we had noticed popped up on Benzingo radar screen here Just a moment ago. I ended up making ice squeeze up towards to it first It wasn't the real test at the level this actually was once it blasted above to here It suddenly ended up making a nice pop up towards the high off 234 You should expect resistance to turn into support at that point But if it's not gonna continue to hold it or even like really look to at this point broke under and over But the next bar broke right back down So is this gonna flip-ass resistance again and then continue to plummet? You know, it's up 56 57% So I'll put it on our main list to begin if it ends up continuing to dump off I may even just like scratch it off our list here at the end But no, let's see what this could do. Hopefully it gets back over to holds above to and then we'll see where it can go I 10,000 share iceberg also you should see on the ask you're off 203 All right, I am in one trade right now I was playing around with BTU Michael just a moment ago from our live trading room BTU he just mentioned you know, he was in or he was following and you know Slow market so I was looking to just engage in a little chat with us inside the room Just asking what everyone was looking at at the time Michael said BTU. So I looked at BTU This is a pretty just good coincidence though. Like the second Michael had said that I turn over to it And it was maybe a minute right before this huge spike of volume came in This was like a 350,000 share print specific to 25 79 25 79 There was this huge print filled at the ask at that price So it ended up leading to a nice move up at first towards 26 At the time I thought that was gonna be the top and I thought it was gonna pull back in tank So I went short it was off to a great start, but ended up obviously squeezing back up I looked right back at my screen. I'm like, oh shoot This just flew right back over this big level So I said hold that thought for all of us inside the inside the trading room Especially if you can't hold under that price. Well at that point is squeezed up I ended up getting stopped out break even on that trade So, you know, I guess and make money on the trade right at that point But better to go break even then to hang on as this squeezes up So that's where you should expect resistance to turn into support It's still had a tough time holding support off of 26 Had a much better job going under and over from the bigger level No surprise there with thinking bigger level they should hold stronger Well broke under and over right from the same price before we started this meeting It was on a smaller share size, but I did jump in long once it broke under and over Led to a nice quick and easy move, but obviously failed to continue So I ended up getting out right off 25 95 smaller position It wasn't a lot of money, but at that point ended up pulling back Listen, if it's not even gonna flip 26 from resistance into into support Then I'd be careful on this move. It might just kind of stall out here across the rest of the day So it's up over 11% right now There was a chance for this to make a much prettier run-up, but I'm not really seeing it just yet You know, it's definitely tradable definitely trying a ton of volume on the day let alone that one print So if you did ball in the stock earlier today, then you should put it on your personal watch list I'll come back to this here at the end I'm in one stock now for the meantime and I called this one out also inside live trading room Actually, Michael called that BTU, but you know, I'd said before MNM D This obviously was on our pre-market list our main list heading into the open But just before I said hey, you know worth watching in a dollar big level at a whole number level, right? So from there I ended up jumping in once it broke under but back over it took a little while for this to make its move So I was a little worried about getting stopped out at my stop right off 95 cents And with that it failed to really drop too far and then from there, you know squeezed up pretty nicely So I ended up scaling out on half this trade already off of 110 and then off of 115 I do have half my overall position left. So on this trade here the MNM D I'm gonna give credit to Robert F here Minnesota doctor. We're gonna name this one get it MNM D That's the Rob F there inside the chat board But yeah, I mean hey this one still has some juice left to it Especially if it could if it could run right off of the 117 level that was the opening bell print from this morning on this trade So I'm gonna put put a line there too for right now I'll put this on our list as well again if this like tanks from this point Then I'll probably write it off and I'll probably just jump ship on my trade. I'm pretty content anyway being in from 101 Little water break there folks. I've been on the stick since 2 o'clock or up until 2 o'clock and here we are right now So it's been a marathon today. I need my water So let's go from top to bottom right now any of the other stocks we ended up doing well on you know We'll recap briefly. I did take a small loss just a moment ago on drug I missed out on this huge run-up at first. I was pretty occupied on the MNM D trade and then a couple of the others that we had on the list So unfortunately after this popped once the market opened up. I personally missed out on it I know a couple of us did pretty well on this trade once it broke back over three here and ran So led to a nice high or high later on as it topped off right off of 475. I Ended up looking for the under and over off of three and for that I'll actually just zoom it on the chart here pretty briefly So it popped above three here and that's when I initially noticed it So I was looking for this to hold support off of three and then bounce so it broke under and over I jumped in right from 301 looking pretty good at the time, but if it's not going to make that big move up From that point ended up getting slammed below three again dropped off like 40 cents It seems like it's trying to rev back up right now as we're going live But the volume really waned off from earlier So, you know, I'm gonna put this on our side list here for the meantime drug I'll come back to this probably at the tail end if I need to but let's see what else we got here in the meantime and Ept ended up making a pretty good move shortly after the market opened Actually, I should say more so mid to late morning ended up breaking out from 150 topped off all the way up high at 347 Once the volume dies off you should really expect for this to stall out So it got very choppy it did stall out had an Asti shake down towards 260 ish And for right now at this point unless if you could short it, I have no interest on this trade I have no interest on PSTV also. This was a huge bust from this morning I was very hopeful to see PSTV at least make a move at some point today Perhaps make the move that MNMD is making right now off a dollar So I was saying watch out if it can't like look to hold a higher low here It should look to test a dollar. Well, once it broke below a dollar That was it ended up completely tanking from that point all the way down to as I'd said the low like right off of 73 71 cents here So no interest on this trade right now the PSTV maybe tomorrow maybe next week We'll say All right the ALL are oh boy. All right, so coming back to this one We had this on our list at this point But I told you if this ends up completely tanking then there's no point in us following it. So We're back to one stock on our list here the MNMD, but Let's see what else we got though. I NDO former runner This had a tough time really running off of the line that you see there off of 831 Evidently based off the chart, you know right over here broke under and over And this was the moment where we needed to see it really go and make the higher high I mean really make the push up to retest nine or Yeah retest nine. I mean topped off right there. So no ended up failing to do so pulled right back down There we go ended up becoming resistance rate from that point I you know, it's just a chop fest right there that trade that I NDO It's up and down up and down very sideways moving in this range So, you know, I don't think it provides much opportunity unless if you're looking to lose money Or unless if you're a scalper Hey, if there's anyone scalping and you go in and out really quickly then you're probably better suited for this type of trade I honestly Chris and this was a great trade from this morning actually to recap the Chris stock We did put this on our pre-market watch list This was probably our best play throughout the pre-market here as I was doing the meeting It was continuing to push up higher then FD open Ended up completely getting crushed dropped all the way back down towards 140 145 and then obviously flattened out even more This back down here. Let's see what else we got here for right now on the gainer side A bunch of like kind of wacky names I'm like pretty reluctant to even click on these stocks here one from earlier this week LRMR up and down it goes CSIQ for any of our like real long-time students grant Leda maybe Phil CSIQ I think a few of us remember back from the early days 2014 2015 I say early days as in my early days started with Fausto in October of 2014 One of the first stocks that we were like really following at that time Canadian solar All right, what else we got here phase and not a whole lot happening there I kind of spotty chart kind of inactive there based on volume. I mean, it's up 13 14 percent But no real big money to follow on that trade the BTU one as we get back to this It's pulling back a little bit more towards that 25 79 again Honestly, just for sake of this level. It was a 350,000 share print I didn't technically add BTU to our main watch list here so far this afternoon But at this point I may as I may as well It looks pretty good interesting and if it holds under this price Perhaps it could actually become the better short that I wanted it to be off of 26 We got a few shouts on Weber WEBR We'll get to that one in just a moment from Rob and you hooda Tell as I just clicked on it here It's kind of a slow poke But it's making a really good move across the whole day And it's a stock that we are pretty familiar with back from early to mid this year right around March April time ended up making a big move off of three just the big volume spikes That goes to show that we were watching it on those days in particular We're not gonna follow a stock if it's not really trading a whole lot of volume or at least compared to what it normally does So really quick tip like any of these big volume days Odds are we ended up trading it and I know for fact this run up We ended up doing really well on so this tell stock I don't mind slipping on our list here. You know, it's not gonna be at the top But it's a nice stock at the highs a good level one trade. Hopefully this becomes a lot more faster moving All right, W EBR right now from your hood From your hooda and Rob. Yeah, this thing is looking really nice right now Ended up making a huge pot from 850 as you could see up to 10 It false broke 10 the first test there folks that that's very telling from what we talked about Even earlier this week in our traders talk workshop. Well on the re break over 10 all bets were off and this thing ended up flying So yeah, great call and the Weber trade. We'll put this at the top for a list. There we go All right, let's hop over to the loser side right now as I refix my scanner here This is why we work together as a team folks better for us to call that out now Compared to afterwards when I say hey folks, let me know if there's anything else up down left right more than 5% so hopefully there's a lot more on this run left for all of us inside the live trading room the top over to the losers list here BWV I Have a line at 450 probably from yesterday. Oh, yeah, this is from a coaching call I did with the student yesterday ha goes to show how well these levels played out, right? Wow ended up dropping all the way down towards 415, which I now recall That's where we ended up seeing a huge iceberg from pre-market from Yesterday morning on this trade. I think we talked about that also in the phase one stock course class Let me do a little Cleaning up here Either way, we're not gonna follow this BWV for the afternoon. It's very flat. I don't see any opportunity in it really AX DX the stock is shortable. It's down big. That's why I clicked on it and I'll tell you what It's not it's not too close to the ground floor and it's dropping right now towards the low of the day here So this could be a really good short opportunity for the afternoon this a X DX I'm not putting this on the main list just yet I'm gonna write it down on the side and you know, maybe at the very end of this meeting will say My M&M D trades dropping off a little bit down towards 109 110 So I may look to pull the plug on that live here in just a moment Kirkland's another big drop off on this one for as much as it ran up the last You know day day and a half ended up making a big drop off early in pre-market then after the open then Obviously right now dragging back down towards five So, you know, this is a better stock to at least slip on our main list here Kirkland's just more liquid Just a stock that we are familiar with most of us inside the live trading room. Let me just get my water bar set there All right, so mark call out the right age short earlier today That was a really timely call out not just like, you know, hey, it's a stock dropping on it was well timed It was right as it was beginning to slip back down a little bit lower and lower here at this point So this thing only continued to drop off all the way down close towards 850 Stack of orders on the bid sitting there right now roughly 14,000 or 15,000 shares at 850 11k on the bid at 851 Still watching that M&M D trade just in for the meantime here on that. Let's see that sling right back up Actually, you know what I'll even do Move my stop here up towards 108107 and if it shakes back down, I'll just get stopped out with a smaller profit on that I'll be content The blue stock talk about shorts and if you go back to the morning meeting This is exactly what I was talking about, you know It's not as if I'm like exactly predicting it on blue right away on this side But it's just to say if there's a stock that's up big and it fails to break any higher It fails to continue its move up and if it's easy to borrow What goes up comes back down? So that's where I was saying in the morning meeting that could present itself a really good short opportunity for the morning You know, hey, I was preoccupied on the M&M D trade and a couple of other stocks We also had on the list blue was on the main morning watch list And any one of us could have had this as a short after the market opened up only dropped off all the way down Towards 550, you know For right now, it's pretty flat, you know, it's tradable in the sense of volume But I don't really see much opportunity in it. I think the show is over on this one altogether for the day You know, we'll check back in with it tomorrow for sure I mean, this is a great stock to keep your eye on not just for tomorrow But even at this point with more volume being traded on the stock the last two days here now You know day over day over day. It's a great sideless stock to keep your eye on, you know in the morning All right, I think that just about wraps it up on the loser side here folks markets very wonky right now It's in this tight range. It really hasn't gone much of anywhere today So if you're just rejoining us right now, I'm sure you're excited and ready to go for the market close the final hour here but if you were with us from earlier and If you had a pretty good day today, especially given the circumstances We had a good afternoon good morning, but it took a little while to get the gear going if you did really well today Or if you hit your mark already I Would enjoy life I would just go out there do some gardening do do some planting like you always hear Fausto say you obviously know Fausto Is a big gardener planter himself if you're a boater, he's also a big boater, you know Go out there and you know go go out there on the boat either way enjoy your life at this point You know at this stage, we'll see if there's anything moving here heading into the clothes That's why I'm here. That's why rich will be on the mic. You're heading into the afternoon But you know if there's anything else, let me know, but I'll tell you the Weber trade looks good M&M D looks all right BTU is a short now it does look better. So that one itself could be actually a pretty interesting short Dan asking from earlier tell yeah, we have tell on the list, you know already looks interesting You know it's at the highs hopefully continues, but this might be a little slow poke Kirkland's on our list, you know potentially is a short, but it's not fully there just yet So we have a few stocks to start with but if the wheels you know begin to slow down a bit within the market or within these stocks At least I would look to kind of wrap it up. All right You know, hey, I wouldn't be truthful without saying that right? I mean, hey, that's what we work for we work So we look to enjoy, you know the finer things in life and you know, otherwise We don't need to be at our desk all day So it's saying that well, otherwise I'm gonna be here up until 3 30 on a coaching call with one of our students Any questions that you folks have for all of us inside the live trading room, you know We're to find me just a private chat away there for all of us on YouTube and social media Facebook live YouTube there I feel more than free to email me Josh at C2 trading comm is my email I always like to post my email at the end of these streams If you're interested in joining our live trading room, just go right down to the link on the yellow banner below right there I appreciate you folks sticking with me all throughout the week You got you got me for one more day this week and then I'm thou so I believe we'll be back next All right, folks, but aside from that best of luck trading here heading into this market close. 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