 All right, folks good afternoon and welcome on back here this Monday, October 25th shortly after 2 30 p.m Eastern time and of course this time the day welcome on back for our afternoon meeting Hopefully we're good to go across all ends across Facebook live in YouTube and of course for all this live inside the trading room Welcome on back. We have Ron. We have Ray. We have Terrell and Tina as well Just the foretoken on Tesla great to see everybody and hey, we got to make it quick folks We do have class coming on up later on this afternoon right at 305 Eastern time I'll be continuing the phase one stock course simply talking about trend recognition Identifying a stocks trend and how to work with it, you know, it sounds relatively easy to say and concept But you know when everything is moving when the bright lights are on I feel like a lot of us and I'll be the first to admit admit myself to you know A lot of times we end up kind of letting that slip past us. We got to keep it simple So we're gonna break that all down coming up at 305 Eastern time and well speaking of which right now We'll talk about perhaps this stocks trending class the BKKT up just about a hundred seventy percent right now I mean needless to be said we'll put this on the main list, you know Just to see if it can continue pushing up breaking all-time highs, you know Very similar to the fund trade very similar to d-wack just in terms of it being you know an extremely volatile stock a runner I don't know if this is a short squeeze as much compared to the d-wack or the fund trade But it's just to say I mean either way however long the stock's been listed out there on the New York Stock exchange which really isn't that long you could say practically the you know the past year maybe even less Yeah, right around late November it became listed on the New York stock exchange So no within a year's time this stock ended up gapping up drop back down So I'm sure there are some shorts getting crushed on this trade But nonetheless man this stock ended up squeezing all the way up to 28 and pulled back down I remember distinctly although 28 was the high and perhaps we'll talk about this in class later on We talked about this topic at least in the morning class earlier today But you know we had a major resistance and it goes to show it on the chart although 28 is the high You know it's holding pretty much as the real strong level 27 and there was actually a ton of volume that got filled on the ask there and although You know you'd like to think that would be the stock to run well if it doesn't run Be prepared it's gonna run, but just the other way So it ended up actually false breaking above 27 and then from there You know slam back down and got halted even so before this thing ends up going up to 30 or 35 I think we had said that that was the next big level at least from that point This thing has got to break over 27 strong. All right, so we'll put it on the list for right now Obviously be very careful on it given how thin the order book is right now on this trade All right We've got the warrants on the top of the gainers list actually although this stocks up a you know 160 percent the warrants and we talked about this on Thursday Friday from last week to with fun and be any and You know Dwhack and all of that, you know the warrants here much cheaper in relation as as thin of an order book though Looking at the trade station matrix So I'd be just as careful on this compared to the equity, you know Even though this one's a lot less expensive, you know, listen If you ended up doing well on this one compared to the equity that I'm sure you'll be more focused on it going into the close I would just rather follow something that has a more liquid order book Consistently tighter spread and something that's making as good of a run up here speaking of runs up Talking about a Marcus stock that we ended up actually going over in class earlier today We're gonna follow up with this stock So if you join me early on this morning in the phase one stock course, oh, I got a real good story for you On this trade. I ended up doing really well on this stock. It was probably one of my best trades across the whole day I stopped trading before class started. I Came back. I got chopped up on a couple of trades here and there like minus three minus four minus two No, break even trade here and there So I started to get back some of the profits And that was up until this thing ended up making the exact move that we had talked about from the 1030 eastern time class Earlier this morning. So if you were with me in the morning class I'm gonna follow up on this stock with you heading into the close It's you know trying to make the squeeze back up so to say so, you know This one's still volatile and I say that in a good way given that well At least this stock has a really liquid order book consistently tight spread and that and that's all I asked for right now So the mark trade I don't mind putting on the main list, you know In the hopes of that beginning to make a bounce or recovery Be also be just seems like a very tradable stock still it's getting another push back up ended up bouncing off of roughly 2730 and back over the 50 cent level at least for right now. So I would say this I mean, I guess we still have hour and a half left hour and 25 minutes, but No, it ended up dropping off from 130 eastern time if this wants to go again It's got to get going soon tick tock. So definitely I'll put it on the main list See if this one can end up giving us one more push. Wow really XCLA 190 I took my eyes off this stock for a little while at the XCLA were really familiar with just look at the daily chart You could see ended up making a huge spike for us going back into you know late March early April Then once again going into the beginning of July So again, you hear me say this quite frequently if you follow me here in this afternoon meeting That goes across all ends But you know hey if this stock can make a fraction of the type of move that it made back then it would be a Homerun hit right so, you know, there you go nice push-up today and although it's like kind of slow It's much slower than the mark and the BE and Obviously much slower than the BKKT But you know, I'll slip this on the on the list kind of be near the middle or near the back end Perhaps but I like this one still now keep in mind something like this is not necessarily a swing trade type of stock You know that that's that that line if the stock can make a fraction of the type of a run up It made back then it would be a homerun. Well, look at the ALF trade Right, I always like to show this stock because it ran for us going back into the end of June I said that here. I said that exact phrase right here and also right here when we ended up day trading it What happened to it? So be careful Don't recklessly turn a day trade into a swing trade just for no given reason Uh looking for ISL for as much as this moved up dumped all the way back down below two Not really uh too keen on that I'll tell you one stock I completely botched today as well as I did this morning and mark ended up doing Really nicely the genius trade I botched because you know it popped up really well. I looked for a pull back I got in at 153 or 154. I got out at 153 All right, that's not the part I botched the part I botched was the fact that it broke under and over 150 I jumped in from 150 or 151. It started to inch up a tiny bit. I got out right here I got out right here. I took like a penny gain or whatever the hell it was and Gotta trust your levels folks. I even said that to a student Brian earlier in the trading room and you know Sometimes you got to follow your own advice Uh, but nonetheless this stock ended up, you know beginning to make a nice squeeze back up It was building a pennant. So that was partially the reason why I got out I was a little scared of the the potential snapped down figured it wasn't worth it Certainly wrong there. So, you know right now genius We're also really familiar with the stock and I could also say the same thing on this as I said earlier You know if this stock can make a fraction of the type of move that it made for us not even back Then I think back here back in 2020 got to go back on the weekly chart for this We ended up trading the stock back in like what was it may time? Yeah late may early june and you know ended up completely exploding back then I think the news at the time was like this new Cartoon network that was oriented towards children and believe it or not This is actually like a funky name to toss in there with all that but uh, you can look it up I just remember this like the back of my hand Arnold Schwarzenegger was like the lead ambassador behind it When the news came out like that's weird the terminator But uh, nonetheless, hey, you know, I don't know why that allowed the stock to pump from like two to 12 but It goes to show that you can't really uh dictate your move your decision based off of news You know, you might think that that might not allow the stock to make as big of a run And then look what happened to it and then vice versa You might have a stock that came out with what you would think to be incredible news And then it just does jack So we're going to talk about that at least later on this afternoon in terms of it just you know simple trend identification not going against the trend and No, making sure you're avoiding catching the falling knife, right? Sheesh, wow tesla is running. Oh my god I mean, you know, listen, how often is it for tesla to be up on on the up 13 plus percent? Number 43 on the gainers list even that's extremely impressive for a thousand plus dollars stock now What's the latest on this today's monday? Like I don't know what their earnings get leaked. You like buy more dogecoin No, actually, I know the news. I know part of the news believe it or not. Now. I'm remembering Uh, I'm just gonna say first from earlier today. That's right, brian. That was it They're renting a hundred thousand dollar or a hundred thousand vehicles to the company Hertz Or they're selling them whatever it may be But that was news from the weekend that I got why the hell is this thing completely squeezing right now I've got a whole bunch of headlines here folks I don't mind showing you right now just to show you what I'm looking at But I'm not going to recite each and every little headline here on tesla. This is everything since 12 30 So I don't know what what the deal is outside of the Hertz Partnership which is pretty significant, but damn that is a Hell of a move up either way whether you own the equity or have calls on it. You're doing pretty good I'd imagine so, uh, you know good for you there. Uh, maybe you could try and trade some of the other ev stocks that could move in sympathy I'm not trading a thousand dollar stock. Let's say that much. I'll be in class. I'm not trading anything but you know what I mean Uh, brian, I saw you pick up 25 cents on cannon earlier today on the run up It's squeezing up a little bit tiny inch by inch here right now I you know if it was closer to the highs I'd be more keen to put it on the main list, but for right now I'll pass Be any not much happening there clsk's near the highs, but the volume is like Kind of dead trading about 4100 shares a minute. Not really a whole lot Already w not much happening there. I did not mean to click this one, but happy I landed on it. I guess And moho I've never traded this one the stock before I actually meant to click on a stock that my scanner Refreshed on me. It was the hut trade. I think each you'd see it was a bitcoin mining stock. I wanted to look at But moho, I don't know. It's a cheapy making a nice push so far Huts near the high the day I guess is the point in time where I'll check in with riot and mara and also the point in time probably where I'll tell you that these will uh Not likely if ever at all run into the close as much as we would hope for them to Riot's not doing well mara. I guess making a small bounce off, you know prior resistance That's interesting to see but the hut trade in particular out of all the You know crypto stocks bitcoin mining affiliated stocks Well now it's actually pulling back down over the last bar to believe it or not But you know just before it was looking relatively healthy I don't know if we feel a need to come back to this stock then we will we'll hop over to the loser's list in between I imagine tesla's carrying up the market entirely and then otherwise, you know any other stocks that it's affiliated with within its sector EYEN believe it or not folks looks interesting Looks pretty flat. I mean moving slow the the part about it that I don't like I'll give you the part about it that I don't like because everything else lines up It's only trading about two three thousand shares per minute Like that's pretty weak. You know the other one that was on the way up whatever that stock was CLSK, you know that was trading like four 300 shares a minute much less. I mean it's near the lows. It's cheap. It's shortable It's not too close to the ground floor in my opinion, but I don't know it right now. I'd pass on this Got Pinterest on the way down Or just flat right now pulling back at least down off of like 51 20 ish Not much else at least in terms of familiar names on the loser's side here folks for making great use of time You know go through crypto here in just a moment or at least bitcoin for that matter Go go over the bitcoin dominance chart. I showed that I think last week or the week before rather But uh, we'll go to bitcoin altogether Petrator says a lot of ev stocks got lifted up off of tesla. So let's look at that first then i'll jump to crypto Just kind of rattle off the top of my head here in nicola. It's like flat Near the highs I guess workhorse eventually eventually this thing is going to make a monster squeeze I'd imagine it too and that might be three months from now folks But just simply put looking at the range in which this stock has made just let alone the last 52 weeks It's it's going to make a hell of a pop that could be four six months from now That is not swing trading or investment advice But it is certainly something that I can give you as day trading advice. Don't forget about the stock Kind of like IQ to a degree, you know making a really sharp bounce back up over the last couple weeks right now It's flat. This is also not an ev stock as well. Look at neo maybe Neo moving kind of all right, you know, it's looking pretty good just up until about like five or eight minutes ago FSR that's a good one p trader on youtube joining us there FSR is probably the best looking one more within our price range just dropped But it tested a major resistance 15 bucks. It's up near 7% still There you go. Nice call. I like this one I like it. I like it a lot. All right. Let's see what else we got here folks making good use of time Expev from Troy forgot about that one, but that one's just a little expensive like neo, but also really flat I remember solo was a name back in the day A YRO was a name back in the day CLSK is one that is EV related believe it or not clean spark But it's just too flat. That was the one I was saying it was like really dead in terms of volume Another one of us joining us on youtube right now saying a eva reaching its resistance line It's up near the highs, but it's just too slow. It's like watching the grass grow on this trade So, you know, hey, I said that about a stock I had up there just a moment ago myself So you got to be picky and choosy I got to make sure the stock has at least some sense of a you know activity to it You know, it's at the highs which I appreciate, but it's not really trading much of volume per minute All right, let me just jump to big bitcoin here fast folks Then we'll kind of wrap up One thing I formed forewarned us going into the weekend was simply the fact that we're going to get a bit of a pullback My belief and I follow, you know a gentleman on twitter and all over and plan b yet mentioned him to you His projection for the october close and this was dating back to june 20th of this year Was at 63 000 so on friday when this thing was ripping on the way up I said to you folks be careful this thing was going to pull back We still still got about like eight days left nine days left till the end of the month So it can make a shake back down to 58 first touch the 100 moving average EMA on my six hour graph and then bounce Uh, I didn't exactly do that. Thankfully, which you know, I don't want at all Uh balanced roughly from like under 60 000 briefly dipped under and over 60 000 I did not add more. You know, that's all right. That's that's that's good to say But uh, you know, if it ends up dropping back by any occasion down to the 100 here I would look to buy myself That's what I said going into the weekend, but I didn't buy altogether. So hey, that's fun. Again Well, we'll see what happens. I just want to show the bitcoin dominance chart This is something I showed relatively recently for the first time, you know It just goes to show bitcoin strength compared to the other alt coins Ethereum cardano, you know, everything else that you could name phantom solana, etc But it's to say though that using the fifth extension levels that I drew up here Well, it's been holding above the the, you know, 50% line pretty well And that's like projected to be like 40 40 23, you know the price level So it's to say at least, you know, we saw a squeeze up Hasn't broken above resistance just yet right around 48 or so if it ends up breaking above 48 That's a pretty interesting uh pattern because again, this traces bitcoin's strength or weakness compared to the other coins out there so if you're into cardano or ethereum or You know, everything else out there and and you see this pop Then bitcoin's making a much bigger move compared to, you know, the others So that's something to take note of if you're in the alt coins You would want this to drop down and over time by, you know, hopefully I'm just shooting from the hip here on this completely, you know But perhaps in one month from right now Perhaps see this begin to drag back down or four to six weeks from now and break below support That could lead to a huge run up on all of the alt coins But for right now bitcoin moving back up here testing 63 000 So I'll bring up the fib extension levels on this on the bitcoin chart going into either wednesday or friday this week We'll talk about the projections that I laid out from a week and a half two weeks ago as it began to push back up here That's it So all you got from me here today folks If there's anything else that uh ended up making a big move is I kind of jokingly say is I'd like to flat My gums about bitcoin and whatnot, but uh, let me know if there if there were any Later with a scalp on the bkk t she got about 40 cents on that. I think Pixie made a small little squeak up, you know second wind type of move Think we're kind of late to the party on that one already This ends up showing more signs of life on the way up. I wouldn't be surprised if rich calls it out It'd be a good call out if we see more signs of life From mike you sam plug at the high of the day Yeah, but as a 34 dollar stock I would want to see it move a hell of a lot faster than this This is like A grinder of a trade and I would say the same that even if it was f-cell f-cell is making a Better spike up even if I were to trade one over the other it would be f-cell given the price For uh, you know put in a thousand shares on the plug stock to only grind up, you know five or eight sensor 10 cents I'd rather trade the mark stock I'm making the same move and You know half the time and 10 times cheaper, you know what I mean? So you got to be picking choosy That's why I said at least on the evs, you know neo looked kind of all right, but that's a 41 dollar stock I would rather trade the fsr if I'm going to follow, you know the ev stocks for that matter, right? With the way tesla's moving, right? Skills someone brought up earlier, so I may have skipped that one over or skipped over that one. I apologies Up nearly 10% So made a nice run from earlier today, you know, again, we talked about this at least from the end of last week So, you know, it might be easier for us to acknowledge now at this point with it up another 9 10 percent today But looking at this chart very similar to the workhorse trade for as much as workhorse ran up them back down You know the skills is going to get squeezed up pretty nicely at some point in time and again That started that move started already from last week continued into this morning Would it shock me for this to pop higher? No, but for right now I'm going to hold off on it ended up just beginning to pull back a little bit there So I'm going to hold off on this trade at least from putting it on there like the main list But you know, hey, if you did well on this stock from this morning, I wouldn't be shocked if you personally decide to follow it From buster here at the close on youtube and get a wrap up folks got class coming up in just about 10 or 12 minutes Also wondering about the b e and e trade complete pop and drop type of move You know easy to say here But it's to say that this stock already popped and dropped back on friday last week And then it ended up opening up by this morning's market open nearly at the highs So if it wasn't going to pop up and continue to make that run kind of like the b k k t at least Then it wouldn't shock, you know, it's like the same thing with mark Uh, really quick folks just on mark. I don't want to go off on a tangent But mark was up like 300 in pre-market the hell Like how often do we see a stock up 300 in pre-market? I mean actually More often than you probably think if you're just joining us for the first time But either way for a stock that that was that was that extended in one morning's gap or one morning's pre-market You know, it's going to pull back at the market open at least to a degree Is it going to completely dump all the way down? You don't know that at least in the moment by the time the market opens up But for a stock that's up 375 percent, you know, this thing's going to drop at 9 30 You can't buy at 9 30 on a trade like that So that's where I say at least kind of looking to see what happened on mark as it continued to pull back heading into the early afternoon You know, it's no shock that it ended up making this move But again, we're going to talk about this move coming up Like we're not going to trade this in class folks Or our focus is kind of be more so on the power point that I'll that I'll be showing But I'm going to dip into the live market where we left off on this mark trade So I want to talk to you about the trade that I took on this stock I ended up picking up about 32 cents on it relatively easy trade and that's the more important part there So hey, uh, you know, hey as a uh, you know, bronze student or above live inside the cyber group room I look forward to speaking to you folks coming up inside class from yet He is uh re asking about the pixie stock here at the bell or after the horn after with already at this point, but Pixie not worth watching already made its second wind type of move here It doesn't shock me to see a direct back down for right now Our edu last one from norman. That's it for real And thankfully I caught this here. I can't keep going folks, but our edu looks good I like this one Definitely going to put it on the main list at this point So good call norman great catch and we would have you know, put this on the list either way Once I jumped off the mic. So good. So great call All right, folks. Hey, if you're on a youtube live or facebook facebook live or youtube I'll never get it right, but I appreciate you sticking with me here Each and every day each and every afternoon if you have any questions that you would like to send over my way Feel more than free to do so. You could send it right to my email address there josh at ctu trading dot com Otherwise, if you're ready to join us live inside the cyber group room here. There we go buster I appreciate that I didn't mean to click a comment, but I may as well reshow it like and subscribe already I appreciate you buster, but if you're ready to join us live inside the trading room that we have feel more than free by Going right down to the link on the banner below the stream there just to get yourself started But for all of us otherwise, I know that rich is going to get his screen sharing He'll be on the mic coming up in about seven or ten minutes Give him a few minutes to get get himself set up But otherwise I look forward to speaking to all of our students coming up in this in this afternoon's class. Take care