 Thursday, August 3rd right on Q John great to see John Felix Steve Xavier from YouTube now inside your great to see Xavier here with us this afternoon Chuck Steve Manuel John Michael Antonio and all of our students here great to have you back great to have all of us back on social Facebook live LinkedIn. Hey if you're not joining us yet inside our live trading room perhaps John or social streams but hey otherwise just join us there right now just click that QR code as it pops up on your phone scan it with your camera perhaps I should say take it right inside our live trading room but I'll tell you what a step further we do have class coming up later on this afternoon to for all of our gold platinum and diamond C2 students you folks have access to the phase three stock course I got the hot tag from Fausto he needs me to sub in for him this afternoon so I'm looking forward to it especially now that we have a couple of runners to work with or rather I should say potential runners right I mean it's been a decent day just up and down like more nickels and dimes than anything but you know hopefully this F go could turn into another runner again ended up popping once the market opened up but then crashed right back down the stock was coming off I believe off of earnings news it's one that we've traded in the past to you know whether it's off of news with EV or you know clean energy whatever it may be F go has been a trade that we've been following in the past it's tradable good spread good liquidity obviously pretty cheap still just recently a broke above resistance off of 530 that was a big level that we were calling out just prior so we're not always going to catch it right place right time but myself and rich we're obviously here throughout the entire day so transparently enough much more often than not we're going to be able to be there to some degree now in this trade was moving right on up to 530 my first look back at it said okay as a nice setup there let's take a quick look let's call it after the crew here and all of our students and Steve got nine cents on it in and out quit went in right from 530 right and tradable move of course we want more though we wanted a lot more on this trade for it to continue to push up higher you got time for that you have plenty of time left for that to happen we got about 90 minutes left a little bit less before the end of this day you know as long as it can maintain above 530 here bring good shape so you know hopefully sooner than later there but fgo definitely put back on our watch list you know run which I mean made a complete dump off complete dump right back down there in fact let me get my spy graph up here as I normally have so bear with me for one second yeah it's not as if we're seeing a major you know correction once again I mean we saw a nice recovery in the opening bell here for a couple hours of the day and then now here it's just kind of chopping sideways run in particular definitely making a stronger move down here I'm not going to put it on our watch list as a short it's still coming off good news so I'm not as prone to doing that normally obviously stock coming off bad news and at the lows you want to follow hey just you'll go back 24 hours ago I know that Michael was calling it out earlier here too the SPR trade down big it was at the lows heading into this meeting here look what happened only continue to dump off another point and a half lower so you know that's the type of short that you want to follow heading into the afternoon there so you know the run trade not as much the fgo so long as it could hold you know we'll check it out see if we could end up like breaking higher now though really quick since I'm teaching the phase three class in particular I got to make sure not just you folks are ready to go but myself too so let's just go right from top to bottom here see what we can grab going into this meeting so BJ DX I reckon I still have a couple stupid lines in my chart here I got to delete all this stuff but no BJ DX I just I guess I had fibs up there just pulled back that's where I was looking for $890 to $9 to hold his support but once it ended up pushing up as much as it did you'd figure unless of it made a sharper reaction right away which was right here didn't really make a sharp reaction so you know if it's not going to make that big bounce right away then not really expecting too much so and just look at the daily chart look at the weekly chart the stock has only dropped off since it's IPO but I remember we've called this out recently with a long wicks on this trade just on several of these daily candles so even dating back to beginning of June history always has a tendency to repeat itself all right so I was getting asked by Xavier just before hey what are your thoughts on cook I keep forgetting cook is trigger okay cool trigger company I definitely I'm aware of I know I know and I don't have a trigger grill just yet maybe that's coming up later on this year maybe early next year and we'll see what happens with this market but trigger grills are definitely pretty good from what I've seen you know given the stock right now it's on a good spread I wish the order book was a little bit more liquid maybe there's more volume through the arca book or through the new york stock exchange here perhaps uh let me pull up level four while I'm at it so this broke over big level hundred thousand share black print level at five ninety eight and basically six bucks basically six five ninety eight there so moved up about 25 cents since you'd probably want to see more there's still time for that to happen right it's kind of the same line of thinking as the evgo trade you know so long as it continues higher lows then no harm in trying to look for this to run higher here so yeah cook put this on our watch list for right now small little order up top here at 650 I say small because you know honestly seven thousand shares even 10,000 11,000 we've seen the larger order sizes out there for these smaller cap stocks so whatever it may be just you know 650 then seven bucks to be your next resistance right now uh what happened here did msgm just like jumped the list here moving up yeah msgm I mean also just dating back to just Tuesday this week big pop big drop then the following day tank so this has been all over the map motorsport games no idea what they're doing there maybe the x games I don't know so msgm also you could see dating back to the beginning of this year too had a huge pot now is a nice push from like 10 up to 50 bucks basically on a short squeeze so you know hopefully history repeats itself in terms of the pop it's already made a fraction of that type of run so you know that already up 52 near 53% right now it ends up head faking once again don't be surprised and for it to come crashing back down with how thin thin the order book appears to be here so I'll put this on our list but I like to cook more I like the evgo more there's a couple I think that are popping right now let me just really quick jump to benzinga if I'm misled here then my bed but yeah cx ai is up like 910 percent it's an ai stock it's one that we're familiar with and I saw it on the top of my benzinga scan here so I quickly just wanted to kind of cut right to this pretty spotty graph though I mean it's only trading 500 000 shares total on the day that that is really not a whole lot so it's saying that I'll come back to it if it ends up showing more life just by the end of this meeting it's up decent moving back up small amount but I mean again just look at the daily chart this thing has been all over the freaking map are you kidding me I mean definitely a day trade not a swing trade all right so that takes us back to up work here UPWK stock ended up making a nice pop early this morning and another bounce back up too so again at the highs it's liquid it's within our price range it's going to be hard for us to ignore this type of stock right now it's also seemingly back up towards the 2023 highs here already so that was off of like 13 no I got to zoom in there more it's higher than 13 here 1476 so as a little ways to go to get up towards the 52 week high or the the 2023 high I should say there so that could be something to keep an eye out on otherwise maybe like 1415 1422 two peaks here that we had dating back afterwards it's kind of there now so simply put if this could just smash the highs here coming up I don't have level four open on my page right now for up work but yeah I'll put this on our watch list to give it a look UPWK keep going all right so let's just try and keep it going moving moving pretty quick here ADMP was a pop and drop that was done by morning probably earlier so you know we'd call that out as soon as it broke under that 220 it was cooked ah get it cook is a trigger on our watch list all right so let me keep it going that's my pun for the day but saber this one it seems a little tougher for it to try and squeeze up here at this point just very flat a couple of larger orders out there a number of larger orders out there on the ask 473 75 77 78 87 up top there it is a lot so this one's a little tough here I'm going to put this on our side list saber it's tradable but if you're in the business of watching the grass grow then perhaps it's for you but on the flip side of that andre says wow I got into Tesla we'll look into Tesla just as we finish up the gainer side here so definitely take a look at Tesla in a moment yell yells trying to go back up and look what ended up holding for the most part for the most part ended up just breaking under it breaking back over it we were calling these levels out earlier 386 to 390 I didn't have the lines there at the time but you were looking at richest screen inside the live trading room so essentially once it broke above that resistance earlier resistance became support once broke under it and broke back above it I want to talk less because I'm missing this opportunity here myself so hey if you're in on yell you're doing pretty good so far definitely going to put this towards the top of our list so far just given the run here we're obviously really familiar with this move last few days all right so what else can we get here what else we got FSL why maybe the stock we're kind of you know familiar with right now it's at the highs just I feel like there's better trades for the price right it already not looking too bad not looking too bad at all in fact also has some big orders for it to break over but if I'm comparing what was it that that other one saber and and and right it here right it seems a little bit sharper right now making a decent balance from like 240 to 243 ish up about like 1213 cents from there yeah I like this trade so rad all right so let's check out Tesla and a quick intermission here for Andres Tesla hey it is pushing up it's making a pretty strong move right now comparative to the spy that's for sure I know some big earnings out going into the after hours oh my apologies I'm sorry John Tesla Tesla Tesla there we go all right so for Tesla here pushing up pretty nicely yes I do like Tesla but we're going to follow TSLL though which is the ETF for Tesla and we're going to put that on our list here we'll also slip Tesla on there too just giving the move up and you can trade the options on it of course and that's the cheaper alternative so all right so you can't see me but quick water break there myself let's hop over to the loser side gotta keep the mouth going for class now right so that said what else can we grab here on the loser side now at this point huh how much lower can AR AV keep dropping well technically another 26.3 percent I reckon another 34 cents down but this thing got smashed wow this thing got beat up bad I mean you could say the same on BPTH RBOT all this crap and I'm not gonna trade those of course oh what we might trade though what we are gonna put on our watch list here for sure is this DXC I mean hey we just said yesterday on SPR SPR stock was down percentage wise and you know ended up continuing down off bad news momentum carrier lower heading into the close this looks very similar I like it all right I didn't say that there's nothing left from the loser side so I didn't technically jinx myself there just yet that was a nice one that we got though let's see what else we can get quantum skate not to we called out that as a short early this morning in pre-market you know that was one of like two or three stocks on our pre-market watch list and you know with a down percentage wise why do you think we had it on there we look for the short lower it was easy to borrow on trade station now with that in mind for as much as I was bullish on quantum and superconductor and lk99 I am I am bullish on that long term but as far as the stocks that have pumped up 100-200% don't be surprised to see a pullback but now at this point news happened overnight quantum skate last night came out news with a direct offering or common stock offering of shares so perhaps that led the street to think well maybe they're not able to raise capital as much so perhaps that led to a more extensive sell-off obviously the short down here so hey for us day traders it's a great opportunity right I'm sure it will bounce back up over time long term just look out for the long term support over time just looking back to June or July perhaps dating back to like eight bucks maybe or if it snaps back up higher from here like nine bucks over time or like nine fifteen ish into the close today and tomorrow but you know otherwise as a day trade now is a short it's on the way down it's still kind of making the lower highs so let's see if it can hold under nine and move lower before the close here what else do we have what else do we have here I mean I'll tell you there are some stocks that are shortable on this losers list right now so we do have to go through it there's definitely some choices out there that I need to at least consider for instance like GT is technically tradable it's not nearly close enough to the lows right now at this point but you know shortable I got to give it a look Etsy a little more expensive mind you but you know more popular stock on the way down it is shortable so you know if you trade the options on that that would be a better play perhaps but PTLO looks like it's starting to build support here you know it's still pretty close to the low of the day now just made recently but you know what I also don't want to build up too big of a watch list here we also mean we have a pretty big one here at this point right now so two four six eight ten stocks to work with so not too bad but I don't really want to build it out much more so Roberto asking can you check support on SPR so the trade from yesterday right that SPR short so I don't have book map open I would just look to follow your 50 cent levels whole numbers for this type of stock and still mainly just really your whole number levels really quick one second keep an eye out for 21 36 as a key level 21 36 is support that means trading at 2209 so you know technically 21 36 would be a big volume level to focus on his support 20 70 looks like there had to have been some sort of iceberg or big market print that got filled there because it looks like just as it broke lower from there it pushed right back above it and then from there just that was it so yeah I would definitely keep an eye on that price there from just before 21 36 alright so Michael saying PayPal DXC both down and short of all I didn't see PayPal before right and today it's down 11% was like 11% not low enough here for the losers list geez hey look at that I know Etsy's on there PayPal I didn't really say wow yeah so a lot of things down percentage wise say Mike I didn't see PayPal until right now this is a better trade for the price because of how liquid it is it's on a great spread it's on a great order book too right just seems like it's building support right now if it was breaking lower at this point or just trending towards the lows from earlier just under 6450 I'd definitely be more inclined to put it on our list that'd be a good one so if you want to follow it as a good sideless to a stock of yours and by all measures good go for it it's definitely a good one it looks like but we got a big list already here folks so last call let me know if anything else looks good towards the highs or towards the lows a good long or a good short either way take a look at one from Benzinga I got RETO this is how you know that we're at the bottom of the barrel here it's not going anywhere so we're gonna scrap that AMTX right now this is trying to inch you up but it's on low volume training low low volume right now so I'm not a fan of that go back to CXAI that I said was on the sideless before that too you know that that one also is low volume pass on that and then finally Saber would it hurt us to put Saber on the main list it's up 28 plus percent could it break higher of course it could break higher of course it doesn't hurt us to put it on the main list but in terms of prioritizing in terms of you know making sure that you can consolidate your personal watch list down to a few less is typically more you don't only want to have just one stock on your list or two for that matter but you know if you're working with a group of four five six it's a lot easier to cycle through those than 12 13 right so I think that we're good enough for here for right now folks hey once again if you're fancy with your phone just scan that QR code on on social media Facebook live linked in Twitter YouTube etc also just be a friend tell a friend also if you're on YouTube just make sure to subscribe and tell your colleagues and friends to check us out here on Cybertrading University YouTube channel but otherwise we look forward to having you inside our live trading room soon enough any questions that you got for myself here certainly feel free to reach out Josh at ctutrading.com is the handle always like to post that there at the end there we go but otherwise there for John Kathleen Felix Roberto and Michael and all of our students here I want to make sure that you folks are set for class make sure that you click that link that Rich just posted then otherwise I look forward to seeing you there what a break beforehand folks I'll talk to you all soon take care