 All right cyber traders welcome on back here this Friday afternoon June 4th last one of the week here at 230 eastern Tom here for our afternoon meeting great to see all of our students Michael James Ray who actually just killed it just before in The AMC trade he posted a dollar and eighty percent at $1.80 per share profit He was in on the long from the squeeze up from 49 great trade from Ray and great to see all of our students Jean Norman Kevin Kathleen all of our students like live inside cyber group all of us in social media Facebook lab YouTube welcome on back You know, let's start by going over the BBIG trade to begin right? It's on the screen to start So we'll start by going over this one, but you know, otherwise we had success across the board I mean mainly across the percent gainers list like the LEDS trade SNS of course the BBIG here, but you know plenty of others So let's talk about this to begin and then really we'll just run it from top to bottom I know the reddit stocks are trying to make a small little squeeze up so far I know I know they just mentioned Ray cleaning up on the AMC trade Blackberry made a small pop just now you over 14. We'll talk about that as well But let's you know, BBIG to begin this ended up make a nice pop early in pre-market shortly after 830 Eastern time This ended up making the pop. I mean, I think to this point right now I still won't still don't see or have a news headline on this trade. I mean, that's fine I mean, we don't need to Have news in order to trade a stock We don't need to have news in order to have a stock move up or down But you know, you'd like to have that catalyst a real actual reason as to why the stock Is being pushed up outside of just you know reddit traders or whomever, you know But nonetheless this ended up making as good of a squeeze as we can get and I don't see that in terms of just you know Percentage across the day. It's up 43 plus percent at this point going into the afternoon But it's more or less just the fact that this is a get this has given us numerous attempts of you know Taking this trade off of breakouts it popped from right around 350 it popped on you know Really tough trade off of four going into one o'clock It took a few false breakouts from there, but it paid off, right? I mean the buying that came in early from the morning at four Thankfully was seeing the stock, you know Slowly build up and trend up to that four level later on ended up leading to a nice squeeze up going into the early afternoon Now the part that was relatively easy for me to call out here one of us was like no false break out No false breakout definitely to see a stock make this big of a squeeze up across the whole day See this make a move all the way up to a major Resistance f5 and you know whole number one thing, you know, it's a psychological level You know just you would figure to sell not just at a whole number But even at it like a five dollar incremental number like five ten and fifteen twenty You'd think that but just to confirm it book map level four showed and I called it out a 155,000 share iceberg on the ask right at five bucks. So to see the stock build all the way up to that major resistance The first time it tests that level I'm expecting a false breakout and if it doesn't happen then that just goes against what happens more often than not right? I'd rather put my money my risk into what happens more often than not So I expected a false breakout from here. I guess it popped up like 24 cents up from that price But that's not the type of trade I'm looking for we're not scalpers here I mean there might be a couple of us here that are but I'm not I don't you know only look for scalps I'm gonna look for trades that give me as good of a chance to make money I probably should have stayed in this BBI g trade off of 450 going into this meeting I ended up seeing this collapse back down and I ended up taking entry from 450 and I ended up just getting out right at 461 I think I took 11 cents probably could have held on a bit longer I just didn't want to like have a nasty shake on this trade while I'm doing this meeting So I don't know you tell me it's trading 90 million shares plus going into the afternoon for a stock that trades Prior to today and stock was trading about five to six million shares on average per day, you know That's a good amount. That's like sightless stock material for us inside cyber group, you know from Michael and Ray and James I definitely keep this in mind for next week. Is it as likely to make this next big move up in the next hour and 20 minutes on a Friday. I Don't know. I don't think so. I mean, maybe I'll come back to this at the end BBI g put a thing on the back end here But I feel like most the run is done at this point. Maybe we'll come back to this trade at the end All right, but otherwise, let's just go from top to bottom now see what else we can get the LEDS trade ended up Making a big run once again from earlier today once again much like this past week has dumped the right back down I mean shortly afterwards ended up making a big squeeze after the market opened from 17 up towards just I mean over 28 That's a really nice run But you know, I say this all the time and I'm happy actually one of our new gold students inside cyber group and inside our trading room Patrick he ended up Bringing up a line to me that I said you folks in this meeting every day. I was happy did so when the volume dies off So does the stock Look at the volume bars. Look at the stock Speaks for itself, right? So, you know, this is not the type of stock you want to get stuck holding on to turning a day trade You know just across the day got less this pushed up over time But you know that was not our intent you upon calling the stock out from yesterday from the end the last week Even back on Friday when this first popped that wasn't our intent So, you know, it's great to see this make like almost a 3x move from where we first called it out back from the end of May But for now, I mean, I only expect this to dump off heading into the close probably going into Monday morning next week All right, so the SES here. We'll just keep going this one I mean ended up making a really good move from earlier today. I was pretty upset. I missed this move from 270 and I was watching that level all across pre-market. You know, I forgot the news out on this stock I'm not gonna check but it's just 270 was a really big buying level from pre-market from this morning early on and I was waiting for that pop and after the market opened it only continued to tail off That didn't surprise me But I took my eyes off the stock for longer than I should have and I came back to it when I was at like 282 283 I didn't want to chase. I was looking for a pullback never got it Just ended up moving up moving on to a different stock So man, this ended up making as good of a run as you could imagine just from that to 70 level Little false breakout at first then it made the real move At least for right now though it ended up pulling back down to 280 at least then making the bounce here. So it still seems pretty active this SES SES trade otherwise, I'd say I'll put this in the same line of thinking as BBIG to see the stock make such a big move up once and it dumped back down It's not you're the highs here. So, you know, it's making a great run right now. I'll come back to it at the end Put this on the side list here come back to it at the end if it, you know Really makes a stronger move up over three by the time we finish this meeting then I'll be more convinced This WIT trade want to go over it really quick. We're not gonna put this on our list just yet Probably not at least by the end of it, but uh, you know the news out on this trade I think it was openheimer ended up making like a price target of eight dollars on this stock Right Let me ask everybody this goes across the board for all of us in social media You folks that watch me here every you know weekday in the afternoons I want you to take part answer this question for me for all of us inside cyber group, of course you folks know Here's the question This week there is another stock that came out with news of a really absurd price target I mean even more absurd than giving a $2.50 stock like Wint and $8 price target What stock was that from this past week? It was a stock where a firm gave a $25 price target on it Patrick first the punch there. He asks vtnr. You're absolutely right vtnr They ended up a was it Friday last week? It was even you know when it was a $2.50 stock or whatever It was your pre-market just on this gap. That's when the news came out They gave a $25 price target. I said it back then I'll say it now You don't want to hold your breath waiting for that exact number to hit But when it was at $2.50 three dollars wherever Is it impossible to see this stock make a move to five? I Don't think so. I think it's definitely possible. Is it possible for it to make a move maybe to seven or eight I mean a they gave it a $25 price target. So that's not even halfway there All right, well, we've seen this happen also in other stocks like seal SEEL I remember back a couple months ago a firm gave like $4 stock at $15 price target Over time look what happens now again You don't want to hold your breath waiting for that exact number to hit but you know just for this morning at least with With that last trade that the wint to see openheimer come out with an $8 price target when it was a $2.50 stock I don't know you do the math for me. Is it impossible to see this stock make a move up to three? I Mean, obviously it happened, right? So that was like one of my better trades from this morning I mean just I was waiting for that exact move based on I mean just what we've seen inside cyber group with VTNR with the SEAL trade Right now. This is actually making the push that I was Hoping for it to make at least off a 275 going into the early afternoon The stock ended up making like a really strong resistance off of 275 in pre-market And that's what led to this first squeeze up here ultimately, but You know what? I'll probably come back to this at the end It ended up making a big move up early I don't expect for it to make this big continued move up It's like in the same same exact line just like STNS and BB IG at least here So nice trade from the morning. Maybe keep it in mind for next week, you know Monday Maybe I'll come back to it at the end. We'll see All right LP TH this one's making a or at least by two o'clock it popped over three had really choppy stock though This thing looks tough Hey, I'm not really too thrilled by this one I mean, it's like near the highs dropping off the highs as we speak But you know going into the afternoon a lot of buying came in off this squeeze from like roughly 285 ish up towards 320 But I don't know. I feel like ever since the volume weighed back down and Like I said, so typically so does the stock EH he shined up missing this look at the daily chart on this stock, too I mean we've seen this just across, you know a couple stacks even today You know see a stock pump in the beginning of 2021 from like 25 bucks all the way to over 120 Then dumps all the way back down. I mean, you know, you rarely see that type of move in such a short amount of time But when that does happen, it does provide at least hope to see a small squeeze up Uh, you know when news comes out if there's unusual options activity Whatever it may have been that led to this pop at like 11 o'clock eastern time But you know, it's just easy to say but once it broke out over 28 once the volume kicked in That's what led to this run. Uh, you know for the afternoon gonna pass on it Just oh, what a book pretty thin already made its big move All right, ncty was more of a trade from this morning as well This one we ended up putting on our pre-market watch list trended up really nicely at least early on this morning It took a while to get the gears the gears going here But once it broke out above resistance seemingly off of 14 1380 ish going into the early afternoon. That's what led to the next run on this So, you know granted, this is another one of those trades just like the eh, right? This is exactly what I was alluding to I mean eh ncty Uh, my belief is that they have to be in the same business same industry I'm not gonna check right now need to break it see it But you know just goes to show look at the pattern on the daily chart a very similar steep run up very similar steep dump off here and You know, you just hope to see off of news or any catalyst that could lead to buying to see a continued run up So nice pump dump back down though. Unfortunately, you know again good sideless stock for next week just to begin All right, we'll keep it cruising here folks We'll kind of just skim through the rest of the gainers list for right now I wanted to really just touch upon the the ones that were at the top f-tech at the high of the day volume looks Really crappy here the volume bars and trading about three to four thousand shares per minute That's tough to expect a you know real momentum-based run I have familiar names here coming up though. You got eyes ui. Yes, and I guess I missed this popped earlier You know I joke when I say this but I'm also serious when eyes pops. So does ears Uh, typically does today a really ugly chart on years from the morning But uh, you know when you happen to see eyes make a big squeeze up I always tend to look at them oftentimes they may correlate. I guess not as much today That made me look a little silly, but you could see back from you know mid February here march time Perhaps his eyes popped yours ended up taken off All right, let's see what else we got here. Otherwise odp not really Too much volume on that one Lizzie familiar name here pumped up uh, you know, I mean recently back in late may early june here Dump back down. So for right now not to really not really too interested All right, let's hop over to losers list folks We'll check on the five minute chart looking on the spy the spetf graph You could just see I mean cruising on up heading into the close So I wouldn't expect to find so many stocks down percentage wise. I mean aside from the reddit trades like amc and bb and You know workhorse here that dropped off nicely. This was a great short from the morning I ended up blowing this trade in the afternoon. I was short right from 13 I knew this thing was going to make a big squeeze either the uh break off of 13 16 resistance that I had lined up Or and I was talking to Patrick about this the the break below 13 here And I ended up taking the short. I got out like just at a bad price I was juggling around a few different positions and you really shouldn't be doing that here at like 130 in the afternoon on a friday It's like the worst time to be trading So I had way too many things going on when I shouldn't have I should have been more focused on this trade And I should have held on I got out at 12 89 12 87 around there and a bad exit Ended up dropping back down ended up could I I could have done a lot better on this trade Dropped off to a low of the day basically at 12 50 squeezed up So, you know, hey with workhorse, it's a reddit stock So to say very heavily shorted over the last many months You know has been moving with blackberry and the others of late, you know bb on the way down cruising Uh ray good exit on amc because the blackberry is dropping off as steadily as it is here I hope this doesn't lock up my screen amc is just so choppy disaster trade here disaster stock Nice catch from 49 ray. That's for sure. You got it All right, let's see what else we got though across the cybergroup room Otherwise they see from kathleen li high the day and you know If there's anything else folks for all of a sudden social media facebook live for all of us in the trading room Anything up down left right more than five percent. You would want me to look at just type it in the chat board Oh, no ray. I know that you're not in amc anymore today. That was a great exit. I was referencing on your part I was saying with bb dropping amc had to have been trailing back down there They have pretty good correlation Uh li high the day though getting back to kathleen's call and not up, you know five percent or more I mean, I just say that to say it You know, it's at the highest here and it has been breaking higher across this whole week So this li trade really good call. I like this I'll tell you right now. I've went through I actually just went through the whole gainers and losers list This might be the first time In I mean, I've been doing the afternoon meeting gear with fowlstow back from like 2016 early like january so Over five and a half years of doing this exact meeting for you folks This is the first time I think I don't remember another time Where I've done this meeting from top to bottom across the gainers and losers list I look down on my notepad right now I had zero stocks on our main list like not even a single stock that I looked at that was like Oh, this looks really strong. It looks really good. You know, I wrote down the scns on the side list Wint bbig li looks definitely good so far So at least we have one stock on our whole main list We're gonna definitely add more but uh, I was really interesting. I just looked down on my notepad Like that's the first time that's ever happened really for me ever. I've been doing this for five and a half years this meeting Uh, so let's just see what else we got. Mike says wkhs spiked off to 1250 area Yeah, I mean we could put that on our list. It is shortable. It's squeezing back up, you know Just relatively uh volatile in a good way. So I like that. So we'll add we'll add a workhorse The others are hard to borrow. So if you know, you get a complete dump off on the others, you wouldn't be able to short them Like the reddit stocks there I don't know. Maybe check out space Palantir some other sideless stocks that may move with the market perhaps Who knows, you know Palantir almost like a head and shoulders building roughly off of like 24 20 Neo just slumping around there around 42 What else do we have? Uh tiger mavis UAVS, right? There are there are plenty of others that popped and ran from earlier today So tigr another one that made a slingshot after the morning kind of dumping off here There's our uh, mavis trade mvis. This one popped more so going into one o'clock The news on this I think it was just featured on cmbc. I mean just crazy pop and spikes So you would figure news came out on this stock it did It was just featured on cmbc. I just said that they were pretty high on the stock is a final trade for today Uh, clearly that didn't really hold up too well ended up running all the way up to 23 all the way back down I don't know. I think it's just going to continue to kind of coast sideways and perhaps even drop more The resn trade from norman Is that the highs? I don't know if I skipped over this or not Is that four big level? I like it. Good call See that's why I always toss it to you folks here at the end. We got to work together as a team You know sometimes I'll go through uh, you know the gainers and losers list a little quick And there might be stocks that I think that don't look good just by looking at the name or the volume And otherwise you folks call it out for me and yeah this one I mean you might want to give it a little bit don't be too rushed to jump into this thing It doesn't look like the fastest mover, but you know see what happens if we have more buying off of four It's a good call out for right now All right, I'm gonna jump it over to benzinga pro. I can't show it here today. I'm working for my home office compared to yesterday, but Let's see mozi each on the way down. This is like a straight nosedive here Stock em and that's at the highs but gross. It's like untradable All right, so you know what? I think there's a reason why I had zero stocks on our main list After I finished going through everything there's not much for us to like really trade so far folks So granted keep your eyes out on the reddit stocks. Namely, I'll go with workhorse and blackberry out of those I'll add blackberry to our main list. You know, it's pretty volatile. Maybe we'll build up and make a squeeze again But uh, you know aside from that, I'll tell you it's gross out there. There's wind trade trying to make a squeeze Trying to prove me wrong and make another run back up You know that was the one that uh had the eight dollar price target So you know what? I might be more keen to put this on our list there Wint if we could uh, you know make a higher low hold over three well scns not looking that great bbi g Ah, it's holding its own here I don't really feel a need to put this on the main list just yet You know, listen if this ends up making a pop we'll be there to call it out all right Uh, really good question. Just had a private chat come in. Oh, this was from like 230. I'm sorry like 20 minutes ago I'm sorry. Uh, one of our traders just messaged me asking regarding bbi g So it hit support around 555 hit uh Around 555 To the trader private messaging me. I don't know if you're referencing another stack or maybe another level maybe meant 450 So 450 50 cent level just you would figure to be a potential support and I watched it drop down So my entry on this trade was at 450 on the nose like basically on this bar And I definitely should have held on longer, but nonetheless 450 as a 50 cent level is a potential Support doesn't mean that I was guaranteeing it for it to hold I mean I took 11 cents could have done a lot better But I was afraid of it dropping off for as much as it ran up It's a low float stock and you know very heavily traded So I'm not going to put it on our list for that exact reason I think it's more likely to dump back down But it should be happening to see this, you know run back up in the next hour You know, we'll try and react to it at that point. I think for right now Otherwise, we have a pretty good list at this point now Finally, we have about five stocks to work with you're so far heading into this afternoon All right, so for all of us on social media facebook live youtube first and foremost Enjoy your weekend. I hope it's nice out where you folks are If you have any other questions for all of us on social media facebook live youtube I've posted my email address on here a few times my email address josh at c2treading.com Any questions thoughts comments suggestions regarding this meeting feel free to email me Otherwise, if you're interested in joining us here weekdays monday to friday Feel free to sign up just for a quick small trial membership to our live trading room Just go right down to the link on the bat on the banner below just to get started All right, so for all of us there norman ray carol patrick michael I'll talk to you folks coming up pretty shortly. I'm going to post and tweet the pics here in just a bit. Take care