 All right, good afternoon cyber traders welcome on back here this Thursday afternoon June 15th Shortly after 2 30 p.m. Eastern. We have a lot to talk about here markets are flying on up It's been a great day all around great to have later here is still with us and Felix So John just before Jeff and Michael and all was just joining us here as well Lawrence included Just jump right back to the main chat there Lawrence Just out of the question support tab just inside our trading room Great to have all this back on social media though if he spoke live LinkedIn Twitter YouTube the works So that said won't hey how much higher are you gonna squeeze up here on the spy on the S&P all together? We'll get to that at the very end. We'll go through the whole You know scanning in just a moment as well from top to bottom You know I was just kind of beginning this meeting kind of searching myself and there's a couple of trades that I'm looking at currently I've been poking at all from the day today I stopped playing that you that you trade was ripping my hair making me rip my hair out all morning I ended up getting some money back on it heading into the early afternoon But then I lost on it again help us AI is really the main trade I've been following going into you know the afternoon really all day But with that hey just re scanning myself prior to this meeting beginning. You got the stock up wheels up Experience I think it's it think it says trading over a million shares right now and for how much it's up right now On the day it's at the highs. It doesn't have terrible liquidity on the order book I mean, I wish we saw it better, but you know, it's not miserable I'm gonna add this to our list and hopefully with the namesake it has up, you know, hopefully that's a nice sign for what's to come Alright, so you pee up on our watch list here. Like I had said just a moment ago AI I have my chart all mapped out lined up here. It already broke over most of those lines In fact, you know, this was just more food for thought more just to keep in your back pocket I made this post back on Monday this week for AI Historical level if this keeps really pushing up and blasts over 50 bucks, you know, which is a key level to begin with Well, what's the next resistance from there? You know, we're gonna look at the spy the SMP in just a moment here to kind of decipher the same thing Answers on the chart there actually, but let me just jump to the monthly chart. You'll see I'm gonna show this here because we'll clip this and in case of AI tops off at this historical Range it'll be pretty nice to kind of go back on you could see you're essentially essentially not perfect I know from a couple tech analysis purists out there won't call this a doji But it's close enough given the price and how far it dropped after and just given the volatility of the trade Recently the more and more this pumps up I'd be led to believe I'd be led to believe here that it's gonna make a closer squeeze up to that Historical now if it's not there. There's actually another price. I want to go back on There's another price right here. It was a little under that and it was also a doji, but from the weekly here, too Like was that sit? That's like really close 61 74 and then 71 on the close there You know that that is pretty darn close to so I'm gonna say the combination of those two levels together We'll create a pretty big historical range of resistance for this AI Obviously on deck is this $50 major resistance first, you know, just key half century level and psychological resistance So for right now, we're gonna put this back on our watch list. It's up over 10% markets are flying Like I said, we'll get to the S&P the spy at the end stay tuned for all of us in social Just stick with us here. We'll just be about finished up in just a moment We'll get to the spy We have a very similar type of historical level to keep your eyes on it's getting pretty close to it now So let's actually be quick. Let's go from top to bottom now Otherwise got the EDT X trade that the hell happened here. I've been so focused on AI The market I just haven't even noticed this actually so EDT X just very thin volume on the book just kind of a pop-up right now out of the moment, but You know that it's breaking all-time highs. I reckon too, but it's more of a gamble stock than anything You know, there's way better trades that are gonna be much easier for you to make money on Not even in terms of just liquidity, but perhaps in trade in terms of trend too Even if this pushes up doesn't mean it's gonna be easy trade So, you know, if you know how to get in and out at market or not I'm sorry if you know how to get in and out using a limit then that's one thing but Using a market order on this type of trade. You're gonna get crushed by the spread. So GFDR pop and drop type of stock. I think one of our members had recommended this just at first You know at the time had good liquidity and just the thing on this type of trade Is that once the volume peaks and dies off then typically unless the stock just immediately runs higher stalls out Odds are it's gonna tank pretty shortly after so You can say the same thing here on Nikola to cheese and Nikola I don't think his low float, right that had a pretty big float back when we were trading it off its IPO I don't have my finishing up pro up on you right now. Actually, let me just check my other screen. I have it here All right, so let's check together. What the hell happened to Nikola? What let that massive drop my shoot from the hip guests? I don't know I could be wrong Shoot from the hip guests. They ended up doing some sort of direct offering Midday either that or is just massive profit-taking from that point But let's say trading higher on heavy volume and mid market strength You know a little news from last week. No other news though on top So this big drop off here could have just been massive profit-taking perhaps people closing out some big trades just from a dollar I thought it could have been news in a relation to a direct offering of shares common stock offering That typically dilutes the stock price just very quickly. So big drop either way Not worth watching at this point this trade Nikola, you know, it could be one to keep an eye on for tomorrow Remember folks. We were actually off on Monday federal holiday on Monday. So, you know, perhaps once you resume back on Tuesday Well, we'll look to see if this makes a better move again, but looks like this one's pretty much dried up Sda pass on that. Oh It's push on a ride pushing back up towards four dollars right now Not a whole lot of volume got filled off of there just yet You could even see that from the trade station matrix our level three Not really a whole lot of volume filled there just so far But it'll be a retest the more times it knocks its head on that level It's bound to make make that bigger, you know reaction off of it Now, let me ask us here inside our live trading room Perhaps maybe a couple of our students back from a year or two ago would know this one What's stock trade similar to the stock ride here back a year or two ago There was some news with an EV company in relation to a contract with the US Postal Service Don't ask how I recall this so sharply. I have no life But if you perhaps just print remember the ticker remember the name do you recall? I Know all the juicy details because geez I got nothing else going on here. Bill saying workhorse wkhs It's pop your over four. Yeah workhorse wkhs And this it'll move there and workhorse today made a nice pop as well from a dollar up towards 118 And this was the company I think that had the partnership with Lord's town That being ride and the USPS contract that ended up going south you can see what happened to the tickers afterwards So, you know, perhaps a big short squeeze on this one for right now ride. Definitely We got to keep it moving folks I mean the spies are ripping right now So I want to kind of call out our historical level to watch out for it might be easy to say now at this stage But if you're in our live trading room, hey, you know for any of our members there We were talking about it earlier on the audio commentary in the morning. I wrote it in the chat board earlier and reposted it Talk about it coming up Boil boils up big today. It is at the highs too. So for that reason, it's you know decent to put on our watch list It's a little slow. So this thing really needs a kick, but low risk at that to at least put on the back ends This would be high risk to put on our list what the hell is happening here at this UTM a One o'clock in the afternoon this thing went from 250 up to 340 back down to 210 or 202 the low it looks like there by 145 so that's like an 18 minute move and Then it ended up retracing all the way back up to near three This is all over the map. All right, so we do embrace the volatility, right? It's a cheap stock. I wish this had a little bit more liquidity on the book It is kind of holding under the VWAP price as well for right now. I'm not fully committed to this I'm coming back to this at the end this trade. This is all over the place That could be good. That could be terrible. We got time to figure that out here just during this meeting. I Skipped Carvana didn't I I definitely skip CV&A, right? Yeah, all right So Carvana alongside the AI trade right and Palantir and you you're following earlier So Carvana another big squeeze You could still see that historical level that we were talking about back a week ago on this trade 28 ish this was more of like a generalized range. So at the time I was saying a little over 28 It could be 28 20 28 50 ish. So, you know 28 ish But we're getting closer to that mark right now. And yeah, definitely gonna add CV&A back on there Yeah, so looking better than it today. Yeah, you got no more dad jokes from you today Let's see what else you got Oprah or opera, whatever it is OPR a ended up making a nice squeeze up And hey, happy father's day in advance to all the working dads out there Give the big shout-out to my dad coming up tomorrow, of course with the markets closed on Monday, you know That's for that thing tech technically Juneteenth. Hey, good enough reason to slip father's day into that too, right? That should always be a federal holiday Mother's Day Father's Day both should be a federal holiday easy So this should really be like a nice four-day weekend if anything Now before we digress OPR right nice little push right now It's making a really strong move on the daily chart. Holy smokes. This is more of a captain hindsight comment But what a swing trade this has been I mean just the markets fully reversed from the beginning of this year anyway But this ended up flying was that like a 7x move from 4 to 21 plus Breaking all-time highs. All right sold That sold me OPR a Tito's back on the watch list fast a big fan of the stock typically See if this is making any sort of nice move for us though. Ah, this thing took a huge hit That's right back from like a week or two ago dropped off gap down. That's a tougher trade now It's a tougher trade There you go, Bill. Got a couple of us there. I'm sure that would agree with you This he says fan of the vodka actually has a variance. It's been a very good vodka for the price Not a big vodka drink or you either nowadays, but that I actually do know Looking for efficiency there. I guess a Tito's of your go-to All right, I gotta make them a sponsor before talking any further about them. Let's keep it going folks Let's hop over to the loser side right now MRSN this already made a good enough move for us from the morning. It was down like 70 75% early I think in pre-market hours made a great squeeze. So actually I'll zoom it on the chart Pre-market mainly it started off at and actually on this. We got a little time. I think I Still have it up on the on my level four So I was really hoping to catch this in pre-market Rich was looking at this at first and it was dropping off so fast I was like, don't even show it in the room because it's gonna be like just way too dangerous This is back here at the time and you know just tanked So this was more kind of fortunate timing in terms of finding the iceberg I turned back to this trade pretty much right here. There was a 31,000 share iceberg on the bid right off of 290 the issue though for me was that this didn't fill it It didn't break under and over and I just didn't feel keen enough to jump in I was setting myself up for the morning. I wasn't hunting for pre-market But just this could have been for that taking and that's what really started the the dead cat bounce led to a phenomenal squeeze up At that time and continued all the way through heading into the early afternoon. So you know, hey for right now This trade ended up dumping off. It's not looking as good now at this stage. So more flat CRBS dropped off not a whole lot happening right now though on that trade edit same deal Peloton down big, I don't know who's came out on them Honestly, it's starting to run a little thin on thin on time We'll keep it going but Peloton for right now We'll definitely put on our main list and if the markets top off here off my historical level make a sharp drop off It's soon then this can you know drop off pretty steady there, right? So it could be a decent short opportunity should the markets end up topping off sooner than later You know by the way folks when I say historical that doesn't mean it's gonna be like the top and then we're down for a bear market You know, we're just talking my de-trading here. So the more the spy pumps up I got a figure it's gonna test a major level and hold at the first time. So That's where I'm kind of calling out that historical. It's off actually the price triple fours a little over triple fours there 444 All right, so if there is anything else folks just type it in the chat board right now John with a couple stocks he's thinking about but you know, not probably some option plays are on Costco Maybe but a boil we have on our watch list Nikola is just I think done with for right now the AU trade You know good sideless stock good gold Michael saying cold gap down and too expensive way too thin Mike, you know that Later saying Ruby on pop going anywhere that could be a trade. All right Now this is one I'll look at news for because this is a pretty recent pop what the heck happened here We'll jump back to it Nice call from leaders and we're gonna put this on our list right away Is this going with the ride trade just kind of an EV type of squeeze or what's happening? So CFO on right now it says some comments next year. I'll be taking up a couple weeks of downtime Ba-ba-ba-ba. All right, so it looks like some interview at the CFO. I don't know a channel But either way led to a pretty good reaction nice nice call from later right now Up over 5% and definitely a stock that we are really familiar with good liquidity good price Bill says snoozing with my for he says with at Ford Ford's good sideless stock today going with the market So keep trading that one bill bill hammers that one pretty nice So, you know any sideless stocks that are going with the market right now I'm sure I'll say the same thing for you there and like, you know, if it's you know Shopify, I haven't even looked at Shopify today. Hey at the highs It's not a much percentage wise if you do well in Shopify you're trading that today and stick with it GM same thing, you know, you're gonna see a lot of that just with the way the markets are moving right now folks But that doesn't mean that everything's gonna be like a crazy Efficiently volatile day trade that's gonna make you money So, you know for right now the stocks that were focused on I would start and stick with what we have on our watch list At least to begin but with that let me jump to the spy right now And I got to switch my chart here before my platform crashes on me There we go. All right, so I have it. I have it. There we go Ended up breaking above closing print off of 437 18 from earlier and just led to the run from that point Right. I thought that we'd see support build off there earlier But then end up just continuing off higher lows but the way this is moving right now it's going right up towards historical level off of 444.35 and Let me show you why or how how I got that price So, let's oh Jesus of the Switch back. All right, hopefully my stuff doesn't freeze Let's take a look here. I might it might be on the daily chart I think it's the daily chart on this one because we broke above the last doji on the weekly off 432 That was the last big one I had so once it broke 432 all bets were really off Let's go all the way back 444 yep Just doji on the daily 445 no, there shouldn't another one there. Ah I don't want to look bad right now doji from the daily chart I think it was if it wasn't the daily then it was just off the weekly or daily chart But I thought I had it just before my bed folks is off triple fours though. Obviously at the level just lined up Now I shoot looking better now mixing up all my prices here today Let's see if I can get this quick. There you go. Bam at the last second back from March 21st, 2022 There we go Now if it breaks that obvious it'll keep going up towards 445 and change But you know, this is the price that I've been kind of hyper focused on from earlier today We called this price out. This is back from March of 22 the last daily daily chart doji There we go All right, so folks, let me know what you got There's anything else that looks good great call from Leda on that Rivian. I like that Check Benzinga pro screener here or scanner. See if there's anything else left a million shares in Epld. Ooh AI stock. That's right. I forgot about that one God so far. All right, then there's a couple that we'll take a look at actually here Stock AOI could be a nice short squeeze stock. This one in the past has done pretty well Just it ended up dropping off for quite a while. So that's where the shorts may look to cover on a trade like this Let me jump back There we go It's been on a nice tear really from the last few days. I haven't even noticed that we haven't called the stock out really AI but stock dropped off from like 110 all the way down. So just have some short squeeze potential It's up nearly 10% we didn't find this before so it's a good ed Get the APL D trade This is breaking new HOD right now as we speak. I hope I didn't miss AI All right, good didn't miss AI. Wow. So APLD gaining some steam even with AI kind of choppy That makes this trade even sweeter if AI and the rest of the you know, NVIDIA, you know AI stocks as well look to pop higher NVIDIA no brainer will add to our list. I just kind of thought about that at the end I would have mentioned that before right off of 430 key level that was back from Think a couple days ago or maybe even yesterday Back yesterday twenty nine nine twenty four twenty nine ninety seven was the closing print back from yesterday So it just cleared it earlier shook around as support at first But now with it kind of back to the highs here. It looks like we're just gonna keep getting the squeeze So NVIDIA definitely putting back on our watch list. I Would stay away from that cab a trade Jeff see a VA there are much better stocks out there to try and look at right now Unless if the order book filled in You know, hey, it ran up earlier if people made money on it that's sweet But this is just way thinner volume out there compared to even AI compared to like hell even NVIDIA NVIDIA is better liquidity than that. So, you know, if that runs up without me, that's that's totally a fine Hakuna Matata, I've been waiting to drop that line in this meeting today I was actually gonna use that for the end. So how about that hook Hakuna Matata there Jeff? Bill Bill saying John G. I may have that's a look like we're saying any news about Lyft being bought out Take a look at that before we wrap current time right now. It's 250. I got to jump here pretty soon folks, but I'm gonna take a look EPTV CFO says emotional ramping up commercial agreements with Lyft Uber for Robo taxi food delivery nothing in relation to Lyft being bought out Mike, but now that you mentioned that I'll be in the back of my head I'm gonna keep my eyes peeled Appreciate that Could be a rumor, but you know, that's the first I heard about it So I'll be interesting if that's made official or if there's any more news on that or rumors So there we go Dave seconding Mike there saying I saw a headline on it today. Cool. There you go, Mike Appreciate that All right, last one from Sam. We got a wrap up. We got a good list already folks This is this goes back to what I said yesterday. I was pretty firm about it But you don't need to try and find the next Mover when we already have a really solid list All right, so with that folks we're gonna wrap up. Hey, if you're on social media if his book live LinkedIn Twitter YouTube It's such a first and foremost Just hey if you're not subscribed yet right to our YouTube channel Please do so right now about being youtube.com forward slash cyber trading you be a friend telephone as well Just say we're gonna be posting a few different shorts and videos over the next day or two as well Just from webinars and events that we've done from this week classes included So stay tuned keep your eyes peeled for that But if you're interested in joining us inside our live trading room Just go right down to the link on the green banner below the stream to get yourself set up or started To join students like Grant Michael Lita Kathleen Felix right now John etc and Otherwise any questions he got for myself shoot me over a quick email Josh at C2 trading calm Scratchy throat meeting here today a lot of talking here today actually mind you So my apologies on that will be good for tomorrow to wrap up and again folks just another quick reminder We will be off on Monday or just making that in advance that notice in advance. There's always a couple of us They forget it's actually a new holiday. Just tab off federal holiday. So, you know with that being said You know a couple of us may forget so I just want to mention that now upcoming this Monday markets are gonna be closed Did I talk about you? I didn't talk about you about you get yet Jeff. I'm kidding. That's my last dad joke the day Making a squeeze back up. I guess you're right back off of 41 under and over It's not up enough for me to be too interested in it just yet and I'm not just saying that because it happened number earlier, but you know for right now I just think that there could be Better trades for right now This continues to trend by a 315 or 310 in the afternoon then I'll have some more focus on it. How about that? But for right now Chuck saying right from our watch list already makes the list here CV and a it was already on there and That's trying to go back up. So folks we'll finish up for right now. Hey best of luck trading going into the market closed We'll catch back with everyone going into tomorrow morning. Take care