 Hey cyber traders welcome on back here this Wednesday, February 10th shortly after 2 30 p.m. Eastern time welcome on back here for our Afternoon meeting. Let's get a quick sound check just to begin. Make sure everyone can hear me loud and clear Wilson a little trigger happy I guess on that a loud and clear to begin great to see you though At least Bonnie Wilson Renzo Ron John Wayne Scotty all of our students Lori, of course great to see you Jean perfect alright, so let's hop right into it for all of us in social media welcome on back We have the SNDL trade of course heading into the afternoon pushing up or trying to push up higher Nice pop in the market actually I'm looking on my one minute chart here the INDU symbol down industrial again A nice little push heading into the afternoon. Hopefully it stays that way But you know, I just actually copied and pasted the news across the trading room and for all of us in social media There we go So it's pretty much the pot sector entirely right? I mean you heard house to talk about it in the morning meeting Yeah, Toray SNDL of course this year Chronos ACB all of these pot stocks on our morning watch list. This was our main focus is Anybody still in this trade right now is a swing. I know that Monica was talking about this just before I thought I saw Dave pick up like 45 cents a share on the stock just earlier Don says right here just now actually Well, we'll get to those in a moment on the riot the mayor looks like he did really well on those just before too Anybody still holding on to this SNDL trade whether it be a swing trade or a day trade right now Pretty much the news just all the pot stocks trading higher potentially amid increased sector interest just between Toray and What was it? It was Toray and canopy growth UK distribute a distribution agreement All right, we got Scott sing I've been holding my ACB swing trade for a little while's John skip Monica who said earlier and then James currently up 50 cents a share on this incredible So for the afternoon, I mean easily we're gonna put the pot stocks on our watch list at least this SNDL Let's check in with really really quickly here that Toray the ACB all the others Frouch cheap the SNDL is you know that that has to be like the main focus Toray is getting a lot out of a lot of our, you know Price ranges as far as the day trade if anyone's in on the swing trade with Fausto I know that you folks are killing it there. So yeah, you could see Toray moving right back up to 60 doing really nicely I'm sure it's the entire sector alike MJ dived off after the open but squeezed up really nicely here heading into the afternoon So you might happen to see a little bit of a breakout OGI in a stock we've been following for probably the last few days Chronos this had a nice pop heading into the early afternoon that's but that's pretty interesting I haven't checked in with this stock since like really I mean really myself yesterday I've been following the ACB trade from earlier today. I was watching the SNDL myself Let me jump to the jump to Benzinga pro on this pretty interesting spike I don't know if that's like, you know option call sweep or anything like that So there is nothing here that I see on this chronos pretty pretty interesting spike though It broke over 1450 moved right up towards 1550 as you could see here Looks pretty strong. I don't know about you, but it looks pretty strong to me So the SNDL I definitely will put that on our main list of chronos trade. I'll kind of put on there, too Check out ACB. I don't know if I did that just before it's like kind of slugging along up towards 18 Making a weaker move compared to chronos kind of in line with like what we saw from MJ All right, I also just got from Benzinga pro here since I'm looking at it right now I have my six signals page up. This is not a pot stock I'll check in with the other pot stocks probably at the tail end of this meeting But this ZYNE is getting a nice push new high the day heading into the close I saw one of us call this out just before I think Terry live inside our trading room So great call from care from Terry Benzinga pro just you know, give us the signal there So for the afternoon easily, we're just gonna put this back on our list ZYNE We've traded the stock over the last week back from I think it was just maybe last Thursday the third last Wednesday or yeah, just a week ago So ended up making a pop and then dropped on the same day But over time as you could see a squeezed up higher day over day over day And here we are now probably making its sharpest move heading into this afternoon So for right now, I would assume for there to be major resistance off of nine I don't really have my book map my level four up right now I would just have trust in faith and saying a whole number like nine bucks would be a big level eight It was a you know big level from earlier But a lot of choppiness from the late morning early afternoon and you could see at least just from the volume spike once this came in Ended up making a nice roundabout up towards eight and eventually once it broke higher from here eight ten We'll call it. That's when it really took off All right, so good good starts this watch list at least I do want to go through some some other stocks that we ended up trading from earlier in the morning I know one of us was just commenting on riot and Mara. I don't have my Bitcoin chart today. We'll do that tomorrow How about that? I promise tomorrow at least heading into Thursday. I'll help you like the Bitcoin minute I like to call it, but we'll check in with riot check in with the Mara trades I know they dived off at Bitcoin earlier today So write down over 4% but making a nice push though heading into the afternoon So who is that from just before that was a don don said he made a dollar 13 on riot And then on on the sister stock there Mara ended up picking up 40 cents. All right Let me just from my phone, you know, I'm gonna copy and paste the chart here It wants to be finish up the afternoon meeting for all of us live inside the room For all of us on social media if you want to see that chart come join us But I will tell you at least earlier this morning. Yeah I mean right around five o'clock in the morning Bitcoin ended up kind of beginning to dive off and then really from there Just kept breaking lower ended up bouncing right around 10 30 11 o'clock Eastern time this morning So ended up making a very similar similar move with with with Mara and right, right? It's pretty much what I just explained, right? You could see it on the chart right around 10 45 11 o'clock both right and Mara both made a pretty sharp bounce from you Could see right here from 33 five point balance, I mean six point balance plus Now back up to 38 12, but yeah, I don't mind putting them on the side list I mean just give them the volatility it'd be hard to not like, you know Keep them there for the meantime if they end up making a sharper move Just as I'm going through this meeting certainly let me know and I'll you know pretty much promote them You know to the main list All right What else did we get from earlier today? I mean really from the top We'll just go from number one here top percent gain or up a hundred forty seven percent still doesn't mean we're gonna trade it But the BP th I got to say personally I don't like trading these stocks too often any of these stocks with like crazy as spreads and you know light orders on The book I really mean that just it's not worth it unless if you have a lot of evidence on the field to make your decision So you know with this I didn't really watch this at first ended up running up into the open if anyone jumped in from early off The breakout from ten in pre-market. It was really easy to make some money at that point But as it kept going up and up and up, you know that thing is gonna come back down So once it popped right out of the gate it got halted like three four or five times over You can see like the very tiny gaps there on my chart. Oh My goodness even here one two three. I can't even count that much right now So, you know ended up popping dropping as you could see I jumped in this trade. It was from the late morning I was in from like I think I Gotta get my my my trade manager up right now. Actually, I'll tell you my exact entry on this So I ended up jumping in it 1901. I was in on 200 shares. It was like essentially a two-minute trade I made like a dollar fifty cents a share. It was very fortunate timing mind you Of course, I could have taken a loss there But I didn't jump to this trade until I ended up having like more than enough evidence to try and like take a trade to begin with So I ended up jumping in it 1901. I got in at 1108 Eastern time right here pretty much When it broke over 19 right from this top Left a lot of money on the table moved up to basically 22 and came back down So, you know end up picking up decent profit on small share account at this point now It's just a dump. So I'm not as interested in this until unless if we can make another crazy run up But you know this type of stock ended up making a huge move for us back in early 2019 We recall ended up going from like two to seventy five to seventy something crazy like that Unfortunately what happened afterwards? Well came all the way back down You don't want to get stuck trying to hold this it was like similar to GameStop and AMC all these others So anytime you see a stock make that extreme of a move up, you know, it's gonna come back down hard So got to be careful. All right So I guess we will go from like top to bottom now at this point for anything else that moved from earlier We'll quickly recap it as we skim through the ANC n jumped the BPth on the percent gainers list as I was going So this is up 146 percent now just another one though that popped earlier today dumped all the way back down Got halted on the way down normally that means it's game game over So I'm gonna pass on this you got the warrants for clover out there up over 103 percent I want to check in with the with the stock itself. So still VR clover. All right, so clover health I know there's been you know one of those new companies that came out over the last like, you know What was like two three weeks at this point? Maybe no not even you can see on the daily chart probably from like mid-December Yeah, December 20th here ended up diving off at first But you know ended up making big pop over the last couple weeks at least there ended up breaking highs early on this morning So it's been all over the place throughout the day today But at least for right now trying to make a run back up. The only thing I don't like about this is just the order book It's too spread out too light. Just it's kind of like that BPth So yeah for the meantime, I'll kind of keep it on the side I would love to see the order book fill in more than I would really look to trade this a lot further I know the stock has a lot of hype out there on social media It's the Reddit crowd exactly but Up here comes the SNDL and obviously on our list already but trying to make them move up to three So keep a good eye on that if anyone was watching that from earlier just before Torch TRCH torch light Enterprises I guess or energy resources they call it alright So popped up from earlier today ended up making a nice double top breakout going into the mid-to-late morning here right from like 230 we'll call it 235 Pushed up beautifully up towards three and at this point now pulling back So I wouldn't expect for there to be a whole lot left on the way up here at least today Definitely great side list stock to keep in mind for the remainder of this week likely next if the volume like really craps out tomorrow Then I'll probably not be as interested in it But you know just to see a stock make like a 70% move 69% move Definitely like to keep it on your side list for the remainder You know check in with it tomorrow morning early in pre-market just to see where it's at The CGI X was the top percent gainer from the pre-market this morning Poof Each dump I remember this side being shortable back in the day a number of years ago when it ended up making like a 65-70% move it was if it was a great trade a great short that day. I remember I would have made for a great short this morning Start to borrow the heart to borrow from trade station today Let's see what else we got here the IGC. I forgot pot stock, right? This was the first pot stock that squeezed up back in 2018 ended up making nice push heading into the afternoon meeting time Here pretty much, you know broke over 350 very shaky though from there from that point Not really much on the order book that was filled from earlier here so far nothing that really stands out 350 is the big level to watch but it's just been so choppy up and down through that price So you can only hope to see this begin to build up more support and take off very shortly from here Just because we're familiar with the trade. I'll say I will put IGC on our main list Kind of slip it alongside the pot stocks here And really quickly. I know that we always have new members joining us on social media Facebook live YouTube So I GC back in 2018 really quick Just you remember these symbols after like a historic run-up like this This was the first pot stock that took off in the short squeeze of 2018 with all these trades Tilray was the most successful went from like 25 to 300. This was the first So it's like similar to when we talk about like these coronavirus vaccine stocks Like I'll always remember the first one that took off GMPX This was the first pot the first vaccine stock that took off back in early 2020 basically a year ago Like things like that. You'll always tend to remember All right. Well It's not the devil, but we'll say speak speaking of the devil here Tilray try to push up right now Tilray has been a fantastic swing trade. You can't say it's the devil But pushing up nicely right now broke over that 60 and then teasing 61 for right now Just pretty expensive. It's more of a swing trade at this point than a day trade for me The clover again, same thing though just very spread out order book. We talked about that just before RKDA familiar name to a small degree bioscience stock trying to make a small squeeze back up to its highs So there's a ways to go trying to break over 550. It looks like I mean really this peak at first then 550 It's like kind of building this like pennant pattern here so far Looks pretty active though. I mean it's trading about like 12 13,000 shares per minute I don't mind slipping this to the side list and just coming back to this at the very end. It looks pretty good More I watch this more I just what might just like put this on on the main list here Let's just finish up though. We'll see what else is out there At the Zine trade the Tilray trade and my scanners reset as usual AESC TRXC Plum or PLUM however may phrase that a lot of familiar names left here PULM kind of a low volume spotty run up at least just until the pop and drop from three TRXC looks good. I like this one here building up beautifully up towards the highs right now up towards 638 Not much of an order on the ask there really if anything you can see it's like 626 627 ish I would double check just to make sure to see if there's anything that pops up on the order book Otherwise, it's listed through the Amex, you know exchange So there might be something through a different ECN or through the Amex Amex itself That's gonna be you know standing out as an iceberg So that's something just to keep in mind, but this trade definitely I like the AYRO So we were talking about like pot stocks blockchain Bitcoin stocks and then I mean cryptocurrency too But you know then the EV sector ended up making a nice push yesterday the AYRO took off I don't know what happened here as far as news I think check Benzinga yet on that, but we called it out off the pop go to Benzinga pro here to double check Whole bunch of stuff here. All right, I'll blast on social media I'm not gonna like really recite it read it But I'll just show as to why this AYRO trade ended up making the push that it made There we go So popped up nicely got halted at 850 reopened up much higher and still pushed up towards essentially 10 Then a pop and drop from there So at this point it seems pretty weak just comparative to the run from pop from earlier Definitely again kind of like I said before with some of the other trades great side list stock for the remainder of this week Certainly for tomorrow morning. I'll you know look at this right away in pre-market just to see where it's at It's up big down big if there's you know a lot of volume and activity on the chart If not probably not trade it but at least just check in with it I'll hop over to losers list a moment folks if there's anything else that's up Certainly just type it in the chat boards here that the fun trade check that one out. Oh nice pop. Good timing here There we go And check in with the signals page from Benzingo, so I'm just looking right now and fund and the pink for that too All right, cool. So yeah, the fun trade looking great. I Have to say it. I'm sorry The fun trades looking like a lot of fun. There we go. All right, so the fun trade We're gonna put on our list tight spreads cheapy beware of the pop and drop beware of the like the volume dying off We've seen this happen all the time on this trade So obviously as you can see it's happening right now as we speak From the high there three twenty seven shaken down hard to three ten But definitely definitely for the meantime. I'll slip this on our main list. All right, cool Let's hop over to losers list folks once again It's like insanity but in a good way the markets are up markets dumped off hard today But recovered and pretty much back to where they were prior to the dump off So markets are up today one more time So I wouldn't expect for there to be a whole lot on the losers list that looks great unless if there's anything off of like bad earnings But PBL a super flat each Nothing going on there micro strategy one of my favorite companies I'm not in them on a swing trade although. I wish I was at this point, certainly I mean this was moving with Bitcoin micro sailor micro strategy Dived off big today Bitcoin Hasn't popped back up with it yet though. You got the OCG n great sideless stock. We'll see where it's at. I This could have been a great short from earlier today If anyone jumped in on the short not right away from the market open But really later on once it rebroke support here off 11 drop beautifully held it essentially as resistance drop down lower I mean really good stock to keep you know in mind day to day And I say that just given the move that we had from the end of last week then from Monday this week I mean just for as much as it went up You knew that it was going to come back down and if it was short of all then that's definitely great opportunity to think about in pre-market All right, I think that's just about it folks if there's anything else up down left right 10% or more Just type it in the chat boards. Let me know otherwise here got from Wendy OGI seems strong Again good sideless stock moving up with the potsector slowly I just feel like Kronos the SNDL are sharper right now Kronos is at the highs of the day right now ended up making that pop from the early afternoon You might think this is the high of the day. This is the pre-market high here, which could still act as resistance, but I Had the day today 569 right there So hopefully all the others just move up nicely right if that's the case and if if you're trading OGI You know pretty much regularly now and you do well on it Then you know just put it on your personal list then at that point JMPR JUPW pop I thought that was JMPR later that goes to show how bad my trader's dyslexia is right or maybe I just quickly looked at that But yeah pop drop just that not a whole lot of volume there really not a fan If it ends up filling in more on the order book and then moving back up towards maybe like 780 ish then I would love to reconsider but Then from Ron I'm going from bottom to top actually I'm kind of jumping all over RAD Well 15 16% pretty much. I missed this one from from from before I don't know if this has to do with the vaccine is going into retail pharmacies So some news on that earlier in relation to wall to Walmart One of us was asking about Walmart earlier and I just kind of went on Benzinga told that to him So yeah, I mean a really nice run-up today don't get me wrong just I would probably call this more of like a level three To four stock based on the liquidity on the spread So I'll put this on the main list, you know, we're pretty familiar with Rite 8 at least Question on YouTube. I like this one. So we're gonna post up here on the feed So is holding SNDL overnight wise tonight from your experience. So this is where I'll say I'm not Certified licensed to tell you specifically what to do like to when or where to buy or sell That's not what we do here in our trading room What we do is we follow the smart money we interpret what the order book looks like and then we try and follow things level by level And day-to-day so as far as the swing trade the stocks already moved up like Close to 300% over the last three days, you know, maybe long term It's gonna be you know continuing to move up But you have to expect for it to drop if you're in from like 293 And if it doesn't break higher heading into the close as much as we would hope for it to Well, if you happen to see a lot of profit-taking you might happen to see this really dump off before it ends up breaking higher later on So just be very mindful of that And that's all I could say there I got a couple of us live inside our cyber group room here that are very bullish on this SNDL thinking that it could go up You know, perhaps towards like 10 down the line not to say tomorrow, but you know We'll see I mean at the potsector keeps going right so why wouldn't you think that it can't keep going? All right, folks We'll check in with the the blockchain stocks riot Mara and then I think I said RKDA Yeah, I'll give you my my old line here back from when riot was like a four or five six seven dollar stock Even though it's super volatile now and can provide good opportunity. I always say These trades aren't really good afternoon trades. They normally have never they normally have not been so, you know There's been a egg on my face. Maybe like once or twice out of the last three four months of saying that and that's fine That's a pretty good statistic. So yeah with right looking the way it is right now I'm not gonna like really focus on this as much It's the same with Mara, you know, if Bitcoin takes off overnight or rebounds that I would expect for right a marriage move up with it RKDA trying to move up towards that 550 I'll kind of put this on here. I'd like that pop and we were kind of watching it just before We've got a stock. I don't know if this is ticker OP yet Big iceberg at 34. I mean, it's moving up a little bit there I don't know what the company is but don't give me and it is tradable. It looks like the spreads are kind of tight Not too expensive, right? But this is where I'd say on something like this nothing really too much to write home about on this just yet So keep it on the side for right now Terry and then maybe in the next 10 minutes 15 minutes If there's a more convincing move on this trade then at that point I'd focus on it more All right, folks. So all in all we have a pretty good list We started off really nice at least so I love design trade the SNDL still the Chronos moved up nicely as I was you know talking Hopefully the IGC could be a nice run once again like it was back in 2018 You know, there's a lot to work with heading into the close So all in all we have two four six eight Then if there's anything else that will try and re-scan the market in the next 10 minutes 15 minutes See what else we have for the market close All right for all of us in social media yet another reminder coming up this coming Tuesday now I'll say at this point coming up on Tuesday the 16th. We are doing our weekly traders talk workshop We only do this probably like three times throughout the entire year the entire calendar year We'll be hosting it on on YouTube. So feel free to join out There'll be a free event for you folks on YouTube there So I'll keep reminding everybody throughout this week and going into Tuesday Keep in mind also for all of us live inside the trading room all of us on social media I'll keep saying this year as well But Monday president's day market closed Just simple as that right? So once we remind everybody of that so coming going into next week We'll be doing our traders talk workshop that Tuesday All right So for all of us on social media feel free to join us otherwise inside our cyber room Monday to Friday for all of us there Give me a quick sec refold the water. I'll jump back on the mic at 3 p.m. Take care