 Alright folks welcome on back here to close out our week this Friday January 14th shortly after 2 30 p.m. Eastern time welcome on back for our afternoon meeting great to see Mario loud and clear first of the punch I'm surprised Chuck's not there for that great to see Leda great to see Ray Will joining us as well I'm sure all of us just kind of just waking on up joining us once back again here uh yeah Skip and Brian just coming back as well loud and clear perfect all right and for all of us once again on social media Facebook Live or YouTube welcome on back as well so we have a lot to dip into here today I ended up getting a few different emails just over the last couple of days for all of us in social media there just kind of requesting a couple of different cryptos and for me to go over them briefly so I'll try and save you know a little bit of time for that at the end great to see Jean and Phil joining us in cybergroup as well so let's start the stock on the screen first we're going to start the hour trade relatively new IPO ended up getting listed but just as of like the last week and a half really ended up making a big pop and drop as you could see over the course that time and well for today this this early afternoon ended up making a pretty nice run up from like five to six to near 650 I kind of emphasize that because you know how the day 649 the way I like to teach that within you know the phase two stock course throughout traders talk coaching well if there's no buying interest at 650 what's going to make us think this thing is going to even have a chance of trying to go up higher so it didn't hit 650 there was no real big volume filled on the S get at 650 and of course you know pop and drops can happen you know a false breakout work it you know break above that price and big volume gets filled and it slams right back down anyway but that's pretty telling to me you know it hit 649 not 650 but nonetheless you know ended up making that pullback it ended up bouncing all the way down to six ended up pulling back down this is going to be funny before this meeting started and this is totally just you know to myself I didn't mention this to anyone in cyber group but I was saying to myself you know let's see if this can like maybe pull back and hit a low ball price of like six of 584 it would have filled me it would have filled me I didn't put my order or I didn't keep my order out there I had it out there just momentarily and it just was kind of taking its time here so I pulled it it would have filled me but for right now doesn't look as good still at this point so I don't know I like the early afternoon run up I like the volume so far across the afternoon but I want to see if there's anything looking a little bit more decisive within a direction I don't know if this is going to continue to push on up we hope for that to be the case but you know let's see if there's anything else looking a bit better first all right we had a couple of other stocks though that were on our side list and maybe just on the on the morning watch list or afternoon list from the from the past few days ended up making a nice run back up and sbev is that stock ended up actually making a much bigger pop here today compared to the last few this one more so took place just shortly after the market opened up ended up making a nice gradual climb off of two but man once this ended up breaking above resistance off of 210 215 there no looking back at least you know yet so you know stock ended up running up really well I think it got halted even at one point ended up getting halted at like two nine forty one eastern time reopened up at nine forty six notice the open price here for all this inside cyber group you know again this is something that we teach throughout our main curriculum but otherwise we've talked about this throughout various of our traders talk workshops you know 273 that's the you know as I call the opening halt print so you know a quick little lesson here we got a little time here for right now so 273 we'll just draw a quick line there and that typically becomes a pretty big level throughout the course this day now the issue is on this type of stock though it ended up gradually moving on up it kind of just coasted along underneath the highs there around 333 25 ish so normally when that happens and it doesn't pull back you know for a long time if it ends up beginning to make a faster drop sometimes it could break right down below support and there's no looking back let's see well it could have led to a quick entry but unfortunately it didn't end up pushing up any higher at the time ended up beginning to pull back and then from that point it's been pretty weak since it's really had a tough time trying to break above those peaks there from earlier into the late morning for right now in fact actually it's trying to build some support above that 273 line but if it's not breaking higher there's only one other way the stock's going to go and I was pretty wary of the stock continuing to push up today given how much it popped up beginning from Tuesday's trading you know see a stock go from like a dollar or sub dollar all the way up to two and then obviously now exploded now broke over three I mean hey can it keep going are there stocks that have made an even bigger pop or move up over a period of time yeah I'm sure you know but we don't want to get spoiled in that regard or greedy rather I should say but you know yeah I mean at this point right now if this fails to make a really clean move off 273 here if it breaks below it pretty strong that's it I mean I'm not going to put this on our watch list even I expect that to happen so you know if it ends up holding and running by the end of this meeting then we'll come back to it uh the GFA I stock too this one was more from this morning's pre-market trading this one ended up making a really nice pop early on but more importantly this goes back to a pretty simple lesson of just resistance becoming support so 123 was a pretty big pre-market iceberg level it was holding underneath it here after 8 a.m and the iceberg was there throughout most of the uh pre-market after well ended up beginning to break out shortly after the open resistance became support took off right so you know there is more to it than that but it is as simple as that for the most part that's our underlying philosophy so you know that's what propelled the stock to make such a clean run up you know we're not necessarily expecting it to hit 216 the high but what we do expect what we do expect and this is exactly what happens here you know it's just to say for as much as the stock goes up you can't keep expecting it to so you know off a major volume based resistance the next major one ahead let's say like two I would anticipate a false breakout popped above it you know it was a clean pop that was a you know 16 cent pop over that level but came right back down and the rest you could see his history just you know never really ended up making a clear move back up you know perhaps a couple bounce plays here and there it's pretty low risk for me to put this on the watch list for the afternoon so you know I guess I'll write this on the side for right now I would have no problem just adding this to the end if you don't really have too big of a list good spreads good order book the only issue is that you know it might just be more exhausted now already made two bounces back up you know how likely is it for it to continue to break new highs I'd say pretty unlikely you know maybe it could get back up to two if not maybe like 180 a sheer coming up so is it really worth it we'll come back to this at the end all right so we talked about the first two already what we'll do is just go right from top to bottom of course as otherwise and see we'll see what else get uh or we'll see what can be added to this list we don't have anything yet actually uh my NZ I saw this pop up on my Benzingo radar earlier today check the chart but it's like really spotty and now it's breaking a new high but the order of book is just so illiquid so it's you know probably a low float super low volume stock it's like a crapshoot I'm not trying to trip stock like this day before a holiday uh or last trading day before a holiday at least you know of course for all this year uh you know the on Monday in the US Martin Luther King Day so that's on January 17th coming up this Monday markets are closed so there's not going to be a whole lot out there that's what we expected at least for the morning but you know with the way the market's been moving that we've had a couple of good opportunities throughout the day but again we got to be a little picky here at this point so pixie this pixie trade also from earlier this week ended up making a nice pop and drop and then continued to push up in pre-market the next morning well today ended up making a nice high or high ended up running up pretty nicely after the market opened up but not a whole lot happening here right now so pass on it all right so we keep it going uh atip not a whole lot happening here and then we'll kind of skip through norman called out c enn earlier or just you know a moment ago i should say and it's pushing up pretty nicely for right now so yeah the way this looks this actually will be the first one on our main list mario saying the rely trade pushing on up the last number third team will get to that you're coming up mlco i was a little worried of the casino stocks this morning you know whenever the uh whenever there's like major news out with mcow and and there's you know the action in pre-market or after hours news perhaps pertaining to that and you know some of the casino stocks begin to show some action there's not as much to it after the market opens up i'm sure that's going to be you know wrong at some point i'm sure at some point you know if there's like major casino news we'll see a big move all together but this was like pretty choppy not a whole lot happened here on this trade all the other casino stocks are pretty uh expensive otherwise like lvs obviously win you know mgm's even getting a little pricy now all right so we keep going here's the rely trade mario calling it out yeah this one's been on fire the last like what like month at this point uh more on than off the stock's been on our watch list side list if anything and won't for right now this afternoon this watch list here all right cool uh marx says cenn was a ticker change from naked whoa really i didn't know that it's not like life shattering news to me but you know nakd is just a stock leave i've known for years right so uh i didn't know that interesting the more you know right uh norman picking up four cents on that cenn trade right now from entry 295 got out right under three so pretty simple exit there norman nice trade now this bbig trade thankfully this thing's been uh becoming more of a stock to put back on our side list morning watch list here otherwise here for today ended up making a nice move after the market opened up pop and then when it drops down like that after like even going into 10 o'clock you really don't expect as clean of a move back up as it made so i turned away from this trade for a little while after like 11 30 i had to jump on to a like a office you know call uh you know throughout the throughout the late morning took about like 45 minutes so i come back and it's like 12 15 i think at that time this thing was ready at like 4 20 it's insane uh you know this thing ended up making such a big move back from wednesday of this week even when it was at like 250 ended up making all a move all the way up towards like 450 ish or the 4 30 ish you could say that is uh for right now even beginning to make a nice little slingshot back up so i don't know this stock i mean i feel like i could add to our watch list too uh kind of in the same line of thinking as the gfa i trade i'll come back to this at the ends kind of put this on the side list here for right now another stock not rely let's make it a bit of a shake off nine right now but uh pl this this one's been on our watch list you know throughout this week ended up making another nice move here this morning up over 12 percent right now popped from like 5 60 ended up topping off at first around like 6 10 ish and then of course as you could see broke out higher later on but you know keep this one in mind it's a good side list stock going forward it doesn't have the best liquidity on the book so you know the the more that wears off then i would probably take it off your side list but just you know from throughout like the last few days this week you know trading over 16 million shares back from wednesday this week and then you know thursday just about seven million shares and today near 10 probably by the end of the day so this thing trades a lot of volume keep this one in mind all right so bpig we talked about why we talked about i think my scanner's refreshed on me there uh let me just quickly check your otherwise seeing on the gainer side any other any other familiar names mark it's kind of trying to begin to go back up i guess for right now the last few bars last five or so minutes uh c iso i don't know i feel like this might be like a glitch from trade station platform some something to do the reverse split so pass on that for right now i kind of figured that from the morning that doesn't happen often but uh ftci nice move on the way down here for right now it doesn't look so lively here so you know going into the afternoon but short of all near the lows that part i'm kind of interested by it's just the fact that it's so lifeless here right so you know i don't know for right now even on this one i'm going to pass on but that's like the type of pattern that you would want to see for a stock on the losers list with it being here or at the lows of being shortable or easy to borrow if you can get the shares from your broker uh brlt i could say the same on this is only trading like 600 shares a minute that is that is bad all right so folks i think there is not much else that i really can find on the loser side so far there might be something more than up or down more than 5% so for all of us in youtube or facebook live or for all of us inside cyber group like ranta mario or norman or cathleen bryan skip let me know if there's anything else that you folks see rgf here on youtube asking about the vine stock vi any not vy any let's just clarify that i guess after yesterday right vine ended up popping at least prior to 230 things got like a really empty order book though so i'm not too particular about that type of trade here if it had a more liquid book perhaps it'd be a little bit more interested in it but and not not a whole lot happening on it right now at least after after that pop mark d on the hour trade well hour yeah at this point now you know we only got two stocks on the watch list we had rely in c enn so at this point now we may as well add hour uh i wouldn't mind adding gfa i like i said the only issue is that i feel like it might be pretty exhausted at this point trading over 127 million shares i i would stand by that for right now on on that trade bbig is more volatile than that i i feel like there could be just better opportunity if you're comparing those two so you know i'm not as like you know drawn to bbig is like the rely trade or hour even but i'll slip this one on the back end ryan says everything kind of slow yeah i would agree let's take a look at canon says more uh norman ah what is it like nine percent you're 10 percent here c a n is it all the bitcoin stocks nope clearly not go to uh crypto here at the end i had a couple of requests to go over ethereum uh what else we have we had ethereum we had solana and then i got one for you and it's just i'm not a fan of the coin but you know we talk about patterns and in terms of stocks you don't want to be putting personal interest into your trade well there there's a coin in crypto land out there that i want to talk about i think it's setting up it already has for a pretty nice move i feel like i might even be late to the beginning of that move so we'll talk about that in a bit going back to canon it looks good the chart looks good it just i feel like aside from that spike of volume though that big one there hasn't been a whole lot to it it's been dropping off so that's my concern but the chart looks good as good liquidity we don't have too many stocks on our watch list so far so i don't feel like i'm overwhelming you with your 13 15 stock watch list so yeah for right now i'll put this on here too not a bad call ryan guessing phantom ftm no that's what i want to talk about or actually i'm not going to talk about that here today but that's what i have talked about and still uber bullish on uh i'm not ashamed to talk about that one all right so let's go into crypto right here it was pretty briefly and then hey if there's anything else folks for anyone that's disinteresting crypto if there's anything else has make a big move right now in terms of stocks are coming up if there is call keep keep calling them out let me know we're gonna wrap up here once we're done with bitcoin and a few a few few of these others uh so for right now just keep it on the daily chart for right now at least with bitcoin but you know i ended up making the bounce off the 500 e m a and i told i was going over that with the folks heading into the last few days heading into the end of last week into this week and for right now at least you know beginning to shake around not a whole lot's happened at least since um if anything i expected more of a consolidation area around the 500 e m a as opposed to above it so uh you know so far the reaction is playing out that a little bit better than i thought i'll take it uh but i know i'm not out of the doghouse you know so i would really love to begin to see at least in terms of the six hour chart right now you know in terms of the moving averages that we've been covering you know for this to definitely begin to make its move back up towards the 100 e m a if not even make a stronger break above it over the next few you know days you know that might be a series of bars uh probably about 12 or 15 bar series here but you know wouldn't shock me if we begin to see this make the push back up towards that green e m a the 100 so just keep that in mind over time uh otherwise in terms of the others out there whoops i do not need to do that i probably just messed that up a bit but in terms of um ethereum really briefly this is the ethereum to bitcoin chart so you this is where you can compare ethereum strength in relation to bitcoin as well as most likely others you know predominantly you could use the bitcoin dominance chart for that but you know if this is beginning to show strength then a lot of uh cryptos within the ethereum sector would begin to you know show show signs of life too so you know with that in mind you happen to see on the daily chart this begin to try and hold support over the 100 100 e m a i think it's going to be a bit of a process altogether and you know this is not going to be any sort of instant big move up big move down i believe uh typically the pattern would go if bitcoin begins to make a really sharp drop that's where you tend to see the other alt coins and perhaps ethereum included go with it uh so that's something to keep more of an eye on but otherwise if bitcoin stabilizing or even beginning to make a small move up then this isn't going to make as big of a move up altogether here this bitcoin or ethereum to bitcoin pairing chart all right so that's what i did right there all right so really quickly uh we'll get to salana next and if you can read the top of the screen there there's the one that i don't really want to talk about but it's actually making a hell of a move right now and i think it's setting up her pretty bullish pattern here uh so a lot of all together i think this is relatively bearish given how much it's already moved up over the last year and a half so with that in mind this is clearly made a bit of a rounded top and it's begun to break under the 100 e m a here over time uh over time on the daily so i wouldn't be shocked and i said this a little while back i think even as it was beginning to pop here at the time to see it begin to pull back towards these highs as an eventual support that might be a long process here at this point and since that time and really as it's done much it's kind of coiled up here within this range so over time i do expect this to begin to pull back a little bit further that's all i really got for you here in terms of salana but let's go to dogecoin this is one that like i you know this is like the meme coin you know in terms of crypto like land out there uh this is the one that elan musk backed you know early on and you know made a big pop up at first so this is the doge to bitcoin chart but in terms of just basic patterns i ended up noticing this like a week and a half ago i never mentioned this to you folks out there at the time or maybe like i probably mentioned this let's say like or i i thought of this to myself let's say like late last week so not a week and a half ago but roughly about a week ago so it's beginning to make a really nice push up here on the hourly right now so if you go back to basically january 7th one week ago it was probably already here at the time so it's beginning to set itself up for a move ended up showing a nice pop and over time began to make higher lows beginning to push up and in terms of just trying to trade anything crypto related uh you know following anything in terms of a pairing with bitcoins pretty pertinent so you could see with dogecoin here ended up making like bit of a pop here over time so now that's just something to kind of keep an eye on and in terms of just the daily chart you kind of see this with stocks all the time in terms of a short squeeze you know if we happen to see bitcoin dominance begin to weaken and all these all coins begin to show some strength in the bull rally here then unfortunately and i you know it's it's so so sad to say because this coin itself altogether really serves no purpose no mechanical purpose in terms of like usage but you know this dogecoin could set up for another big rally think about like an amc type of play all right so that's it that's all i got for you in terms of crypto land out there we'll talk more you know phantom and you know perhaps cardano next week those the ones that i'm still in heavenly myself i'm not in dogecoin i'm not in right now so just full disclosure there all right so what do you got for me here folks grant says win casinos look looks good or windham hotels w y n t when uh trying to push back up i don't know pretty expensive though ryan says he's really like cosmos adam that is one i'm definitely a big fan of two and um i don't think i've mentioned that publicly here so i'm always super transparent on that but on the back end i am very bullish on that as well phantom adam and uh harmony one and that one i think i've shown it showed in the past all right so folks going once going twice going three so i think that we're just about good to go here all in all we got about five stocks to work with i mean pretty decent list here all together actually between rely bbig our cnn and can all right folks so for all of us in youtube facebook live keep the questions coming in if you have any questions feel more than free to send them on over to josh and c2 trading dot com uh if you would like to join us live inside our live trading room feel more than free to go right down to the link on the banner below the stream just to get yourself started uh for grant for norman brian uh from mark for all of us otherwise live inside cyber group i'll be back on the mic right at three thirty eastern time to wrap things up heading into the close take care