 All right, Sabra trader is welcome on back here this They say anyway Tuesday Wednesday Thursday. We're losing track of our days here this wednesday september 29th Shortly after 2 30 p.m. Eastern time and of course this time the day at least welcome on back for our afternoon meeting Great to see all of our students and members alike here bonnie deb. I got a jeffrey here I got patrick mark got jeff b also we picked up some nice Change between cei here halted on the way down and also a couple of other trades We were calling out so far heading into the afternoon alongside them We have gmsw cat lean and a bunch of us otherwise great to see all of us here lory included so without further ado We have class coming up at 3 p.m. Eastern time the phase 2 stock course finishing things up with lesson number 4 We'll more or less do a different variation of our traders talk workshop in class And it's not to say answer just a variety of questions like a mishmash But it's really evaluating and studying and researching You know trades in full almost reverse engineering them from a to z and seeing where we could have taken the best entries What could have happened by jumping in at so-and-so price? So no that's really the best way for you to learn in hindsight at least when the markets are closed or during off hours So we'll be conducting that class at 3 p.m. Eastern time We have the the last hour of the market day left otherwise So what we'll do is go right from top to bottom we'll rescan the market for those of us not joining us in class Obviously cei will put on our list to begin Now on this trade cei to go Very slightly into this move Because we were watching this all from the morning today all from the afternoon I mean really since the market opened it made the slingshot and ran up Um, I'll tell you I personally missed out on the first half of this move at least from the morning I ended up coming back from class and it was chopping around at that point So I had no interest in the stock from there But man this ended up beginning to make a nice break back over resistance at 4 I jumped in right off the pop from 4 here got about 25 cents and then on this shake down I was watching it from the corner of my eye and like, you know, you see this shake and I think all right Well, this could be it. This could be just where it tanks Well for as big of a shake down as we had we had as fast of a pop back up That's a clue. That's a clue right there to me So I ended up actually just leaning right into the trade at four dollars and 23 cents And I rode in the chapboard right there. I said I'm looking for a bounce on this stock right away And I wasn't expecting this to make the move up to five as it almost did just before man This ended up running up so nicely. I left a ton of money on the table. I got uh 2000 shares in from 423 I took half out under 450 440 was my my close there. I thought it was gonna shake from that last from the consolidation here So I took half out ended up squeezing back up And then I took the second half the final thousand shares that I had out at 462 that was my exit price there So as you could see this thing just popped right above that price and kept going I thought 465 would have been a strong resistance level Uh, hey, I was wrong. I'll take it though. I mean, I'm just glad to have a piece of the pie But nonetheless as this stock kept going up and up and up you would hope to see it make the move up to five But obviously as you could see right now, this thing just had a hell of a shake One of our students came back to the trading room and just asking, you know, if it was halted right away Yes, you could just tell like obviously it's it's not trading here. But is there any news on it? Well, I didn't see any news as I wrote back to that student Let me just double check right now to see if there's anything that popped up since So I don't have anything here from benzinga pro. This this was just the volatility halt It just moved down too much too fast to the point where they ended up freezing trading for five minutes It's not five minutes, then it'll be 10 minutes got halted at well actually 225 right now So it really should have been opened up Uh, sometimes volatility halts can be 10 minutes long I don't know the structure as to why it's 10 minutes over five most volatility halts are, you know, flat five minutes But there are some that are 10 So we'll see what happens coming up at 235 and 54 seconds based on my time in sales right there That should be when this will reopen up We'll come back to it as we go through all right. We'll put it on our watch list to begin Uh, I always like to say this it's a semi joke, but semi truth. Uh, it's the ctu watch list Not the ctu trade list We're not forced to trade this stock if this reopens up in tanks You know, perhaps we could find a bounce area at some point But folks don't try and catch the following night if don't assume the support's gonna hold Because I mean I was writing to you folks in the trading room I was looking for support right off of 432 to 439 as that was a really strong top I wasn't expecting this halt and I wasn't expecting this fast of a drop But it's to say that if you try jumping in right off those prices that I called out You know, you essentially caught the falling knife You didn't wait for it to break under then back over this just kept falling to the point where it just got halted There was no opportunity to buy this stock based off the rules that we teach So at this point it wouldn't shock me if this ends up reopening up a lot lower and then perhaps bouncing back up from there Um, so we'll see we'll put this on our watch list to begin All right, so like I said, we're finishing up the phase two stock course coming up at 3 p.m Eastern time 305 so we'll go right from top to top to bottom here I got a call out coming up There's a stock that I saw I was like breaking a new high just a moment ago I'm sure we'll find it as we go from top to bottom The grom stock to begin the stock ended up making a huge run for us going into the early afternoon shortly after 12 30 Eastern time ended up running up like out of nowhere from 2 up to 6 You know got halted a couple of times on the way up got a halted once on the way down and You know if you follow me here in these afternoon meetings, you know what I say all the time for a stock that gets halted on the way down That's a rack that's game over So, you know this stock, I guess it made a little wiggle back up But then right back down so not much happened here one of us on youtube saying we both says it's suspended Well, yeah, it's halted from volatility. I mean, we'll see what happens actually Hell check in with it right now because the time is 2 36 Yep, there's the reopen Right on cue Actually, I don't know if this was the best idea because this is actually locking up my platform I could just tell based off my my cursor moving here. That's not good Oh boy There we go. All right. All right. Let's try and stay away from this stock at least during this meeting It's still going to be on our watch list. There's the reopen much lower and then the slingshot so far off of 4 That's uh to a good degree what I thought could have happened there. I mean You'll see if it keeps pushing back up over time Oh, shit. All right. So this is locking me up here folks All right. My apologies on the foul language, but nonetheless. I'm having a tough time switching the screen here I might have to uh go rogue and just kind of uh Launch a second second workspace for us here in a moment. If this doesn't reload bear with me for about five to 15 to 20 seconds Perhaps It's my jeopardy theme music while we wait I'm launching up a second second workstation right now folks So if you could bear with me here for just a bit, I should have realized this also just walked right into cei locking me up here on my platform Up. Let's see. Okay. Move away. Oh, thank god. All right. Good. I was prepped up with the backup Platform ready to go. But nonetheless, here we are ev easy fl my apologies there on the way But easy fl making a nice afternoon move. I'm not going to jump back to cei. That's for sure At least here during this meeting But nonetheless this stock making a nice pop back up right now Obviously, it looks like a new stock new ipo dating back to you know, maybe a couple weeks ago perhaps We've done pretty well on recent ipos new listings perhaps and I was going to get to this anyway But the palt trade relatively new ticker and ended up just completely taking off today So i'm not expecting that uh easy fl stock to become exactly what p a palt became But if it can make a fraction of the type of run that that stock made today, that would be phenomenal So, yeah, the easy fl definitely, uh, we'll put on our watch list here so far It's a stock i'm not really that familiar with obviously is it's a new ticker, but we'll see All right, so getting back to palt, I guess right palt So let's talk briefly about this for a moment because this stock as soon as the market opened up Oh my god ended up completely taking off now I want to just jump back because I want to give a shout out to one of our members here in the trading room John s he was commenting on this yesterday and perhaps he knew something about the company in terms of what they do It's just to say when he'd called it out here I just didn't think it was worth watching at the time It was trading like low volume per minute very thin order book It was building the pennant so I was expecting the drop at first and you know it ended up just kind of dropping off heading into the close I guess a little pop after but man out of nowhere this stock as soon as the market opened up I guess you have four minutes after the market opened up This thing ended up popping halting and then running up from that point as you could see broke above resistance What appears to be off of seven dollars and 25 cents and from that point continued its move up So you know I know a bunch of us did really well on this trade John s included want to give him a shout out once more But I think he had picked up like five or six points on this trade all together Now I was in class teaching with most of us, you know after 10 30 eastern time from 10 30 to 11 30 eastern time We were in class So we were kind of studying the morning that was and not really trading live So it's unfortunate, but I ended up missing all of the run up but It's you know my entry in the afternoon just goes back to what we all talked about in class earlier today And that just has to do with preparation So long story short coming off of class. I saw the stock at 15 How am I doing the stock at 15? It went from you know six bucks all the way to 15 today I'm not going to chase it So I waited for the pullback and I waited for this to drop down It dropped down all the way down to the opening halt print even broke under that a bit But where this stock got halted heading into the late morning it reopened up right here at 10 dollars and 63 63 cents And that's the exact price level that I was calling out at the time 10 65 10 63 exactly This is my entry. I got in right from here average price at like 10 69 or so And ended up running it up. I left a lot of money on the table. I got out right at 11 50 It was on a double position, which I'm pretty thankful that it worked out that way but Man, this thing was just too volatile, right? You don't want to hope and hold for this stock to just make a new Move back up to the all-time high For such a big move that it made today You got to expect the wheel the wheels to fall off on this thing at some point And you know, it's to say it fell off earlier. We caught the bounce inside our live trading room But if it doesn't continue to move up and if it moves back down Then we know what way more likely than not it's going to continue to go in So as you could see it slammed right below that price 10 63 10 61 the line and Obviously now just continuing to sink. So one of us on youtube asking Do you think palt could have a late rally left to it? Considering its volatility that would be the only thing that would lead me to believe that it can like just for a stock to make a 10-point move up then 7-point drop off if there's some sort of bounce Perhaps it can make a dollar move back up $2 move back up and and that could be worth your time for a nine ten dollar stock, right? Like so for the volatility, I love it But with this just breaking below that critical level I would only assume for that 10 63 price or 10 50 otherwise perhaps that 50 cent level to act as resistance So i'm not as keen to watch this right now rjf hitting into the close Um, I I always remember remember this there's there's one stock I ended up kind of uh dismissing briefly or very quickly in the afternoon meeting and right as we finished up It ended up making this giant run up and uh had a little egg in my face But you know what? I'm happy to have egg on my face when The unexpected happens meaning you know more often than not for a stock like this We're only expecting it to consolidate and sink or just not really provide as much for us So we'll focus on others at first if this ends up making a sharper bounce back up Then I would have no problem, you know for for us to call it out there at that point All right, so we keep going we'll kind of skim through now at this point really uh sdpi not much happening there Cheapy here em pretty flat That's what's too cheap fami. Ooh too cheap but making a really nice pop. Wow Well, there's another instance of me having a little egg in my face nice pop for 25 cents You know for as much as it's moving up. It's you know, I'm still only up five cents from that point So, you know just be careful on a trade like this But the part about this trade that I like is not only you know the trend up on the intraday chart But looking at the daily that that's a clear gap fill right so in a dream scenario This could fill most of the gap perhaps if not if not all of it, but uh Yeah, fami. I guess I'll slip on the back end of our watch list for right now Cheapy here prog got a bunch of cheapies here, which I like the eng trade. Wow back up to 314 I say backup because it moved up there earlier this morning. So I'm actually caught off guard by that right now This looks really nice. So I was waiting for this move to happen folks Not as if I was like, you know telling you that I mean I was more kind of inside my own head Dating back to yesterday morning pre-market This stock back on monday ended up closing right around three So I had it on my side list yesterday morning and it wasn't really one I focused on at all after the open but You know, I'd like to think for the teas that we had at three back on monday If this stock can make another crack and run at three we have more buying off of three Perhaps it could run so it did that earlier today and now it's making the much much better move. So Yeah, easily eng but we're gonna put this on the top end of our list here This one looks phenomenal also short above this craps out the other way, which I would not expect right now But uh, you know, you never know All right, I learned my lesson lesson on cei. I'm staying away from that thing for right now At least during this meeting That this one ended up being a much better short than it was along and I'm not fully surprised by that I got chopped up on this trade earlier today. I did all right on it at first But then I ended up trying to short it a couple of times I lost three cents than four cents then I just stopped trying to you know, take the trade at that point It was getting too choppy but shortly after I took those losses It ended up breaking this trend line that you could see our I'll put it up But you know, you could see this trend line essentially off the lows and once it broke that Be broke it ended up providing for a really nice drop off here a really good short on this trade So no where you hear where you hear me talk about a stock crapping out the other way You could short it if it's easy to borrow. I mean just look at this ncna Cannot be a better example. So that's where I say going back to e ng Which I don't think this would be a short you know short now given this you know spike up But you know, you never know just watch to see what happens perhaps off an iceberg level at 335 perhaps 22 000 share order on the Ask All right, let me zoom out on the five minute chart. How are the markets doing today and dropped off early on But made a really nice recovery. There we go. All right. That's cool We'll take that clean spark familiar name blue apron also a familiar name. We'll just check those out here If we're hopping over to the loser's list Apron was the other one. I was losing track of that last one there Uh blue apron little spotty not much going on All right, folks, we'll hop over to the loser's list right now actually really quickly We'll go to lucid lucid motors here first just to check this stock out This stock's been on our side list morning and afternoon watch lists over the last few days and No, as you could see ended up making a nice move bounced right off at 26 at the market open Actually goes to show how strong the level is it bounced off at a second time right before noon So ended up making a nice bounce from that point pulling back down to 27 as you could see All right, listen, this is definitely a tradable stock if you did well on this stock from today or you know The last couple of days this week then 100 you should put this stock on your personal watch list I'll put it on our side list right now and you know if we don't really find much more here at the end Then I would have no problem putting this on the main list All right, so we'll hop over to the loser's side bunch of stuff hard to borrow here to begin number nine edit is easy to borrow pretty flat You know what actually we'll just jump back up actually these stocks are down enough to where maybe if there's some sort of You know opportunity for a dead cat bounce who knows no idea What the hell is this thing g a g fa i? Hlbz I watched this this morning or at least wrote it on my notepad this morning It was down as much as it is now but Yeah, just no movement on the stock just very little volume being traded per minute All right, so talk about gap fills or at least you know making a dead cat bounce recovery esk type move Look at this alt from yesterday. How about that man? I mean this this stock got clobbered in pre market off of I think it was bad phase one study news And they announced it themselves. So they ended up saying that their phase one Trial for whatever drug they were making just didn't meet primary end points It was down like 30 early in pre market ended up making that full recovery and well obviously today dropped right back down And it remained shortable. So, you know, this was actually a pretty decent trade I called it out off 13 earlier expecting a bit of a dead cat bounce or a small pot from there I don't know maybe at this point you can get it, but it's trading such little volume per minute like maybe 2,000 shares per minute less than that less than that actually I'm gonna pass on this here too All right, folks, let me uh, let me know if there's anything else that you would want me to check out I gotta get to crypto here since today is wednesday. I want to make sure that we have enough time to talk about that I've gone this whole meeting without a sip of water. That's because I forgot to fill up my water bottle All right, so let's see what else we got cei in a halt at 366 says bill in the in the cyber group room Yeah, uh, not surprising, but yeah, I'm not gonna check it out right now because knowing my luck it will just kind of freeze up on me upon the reopen and Have to reload a new workspace. All right Nice scalp or great scalp says mark on the easy FL easy FL stock I came back down right now. That was from a few minutes ago perhaps mark's comment, but This one's not nearly looking as good now. That's for sure All right, uh, I'll tell you what this type of shake makes me want to like take this off the watch list at this stage really That's not good I kind of move this to the back end there like right there with the fam I guess All right, I'll tell you we'll add the lucid motors to our list Just as that's a really, you know volatile stock tradable stock And I say volatile in a good way because it has a pretty liquid order book You know a little pricier if you're you know Used to trading the cheaper stocks, but nonetheless, this is a this will be at least, you know very tradable for us heading into the close All right little crypto folks before we close out the show and talk just bitcoin Cardano and ethereum. That's all that's all we typically talk about here All right, so bitcoin first and we'll talk about cardano the cardano summit. They ended up having a huge uh multi-city multi-country Expo over the weekend they announced a bunch of stuff some some good things in the in the making for cardano, but uh to begin bitcoin Well, obviously it's been dropping off or at least it has been over the last 48 hours with the markets and indices falling Right now we're on a six hour graph so you could see I mean although it's like kind of near the lows here It's made a bit of a bounce so far Low so far in the six hour candles 41 just over 41 And now it's at 41 too wouldn't shock me if it keeps dropping off a little bit more here at this point But nonetheless, I mean I still feel like we're in great shape If anything with bitcoin one thing to keep an eye out for because as bullish as I am on bitcoin Let's talk about a couple of concerning things And really the one thing actually that I want to talk about It has to do with the moving averages because we talked about this on cardano and bitcoin back in early august And we killed it on a couple of really nice runs on cardano with that But we ended up seeing what is it the gold the death cross here, right between the 200 and 500 em is So everyone was freaking out about that like on cmbc fox news or death cross. Oh, no, it's gonna tank Well, obviously it dropped, you know, it definitely took a small hit, but Obviously bounced back up. So, you know, that didn't really scare me that much But now at this point, we're kind of getting close to another one here. You could see the yellow 200 em a You know on my six hour graph. It's starting to kind of slip back down a bit You know, it wouldn't shock me if we have another death cross coming up in that You know having the second one there that could be a little more concerning in terms of a further drop That's purely technical analysis. That is nothing to do with any sort of, you know, fundamental news about bitcoin Or, you know, any sort of news about treasury yields and how the markets may look over the next three to four months But that is just a point of concern in terms of technical analysis But we'll see we'll see how things play out on ethereum really quickly One thing that I do like about ethereum is that I mean prior to the Bull run at least across the year so far this stack was holding right over the 500 em a extremely well And you know, of course here given how far it had dropped it doesn't shock me to see it break the 500 But it bounced back above it. It held over it so well after It goes to show at least on ethereum just food for thought like the 500 em a definitely is a really strong level I mean it's there now, you know If we happen to see crypto and the markets continue to slip off across this week Then of course ethereum will go with it But you know just if you're looking for an entry perhaps this could be a good opportunity right around the 500 All right Lastly cardano not as much on the cardano to usd chart that I want to talk about just more in terms of cardano They ended up announcing some major partnerships with dish tv with boost mobile They ended up announcing their own stablecoin Which is pretty interesting like by nance has their own stable coin I think it's called by nance coin But cardano, I think it's going to be called djed dj ed. It's in collaborate in collaboration with another crypto cheapy called kodi coti But that will be pretty interesting because that's going to accelerate the defi market for Cardano to the point where you're going to have all these new coins being readily available for traders. So I'll be pretty interesting But nonetheless the chart that I want to get to on cardano is the cardano to bitcoin because we were talking about this Like a week ago two weeks ago and we're and I don't have the lines up right now I'm not as prepared there I guess but We had a nice support level that we had called out over the last week to two weeks like practically like right here Based off of past charting where cardano made a nice bounce up Unfortunately, it's pulled back down a bit wouldn't shock me if we happen to see this slip back down Perhaps towards the 100 ema here on the daily All right, so that's all I got for you on on on crypto all together. I mean just a small drop I mean just today. I mean more of a drop from about 48 hours ago I told you folks I would get to that at least today, but nonetheless here we are now So folks if there's anything else that you would want me to check out up down left right More than 5% let me know you got class in about 12 minutes. I gotta make sure I'm good to go there All right going once going twice three times and you know, I'll check benzene approach just before we finish up Got a bunch of chat on cei. I appreciate you folks providing the commentary there for us I got two stocks. I'm gonna check out here actually just from my end before we finish up Nope, this one's not looking good. It's up 11 plus percent, but Just not much happening there This is exactly where I want to see tiva. All right, so tivo we're gonna put on our watch list It's only a 4% but this stock ended up making a really big pop yesterday afternoon I got it nowhere and ended up falling off of course But we we saw and called out this major iceberg order of 10 So here we go. It's right there at 10 now It started to fill 10 a bit, but the next time it goes up to 10 It wouldn't shock me if you happen to see a much bigger order pop up This is not a volatile setup here folks Like I don't think this would be like a setup that would get you 50 cents or a dollar Just you know, so don't try and get more than you can here on this trade But nonetheless either way as a shortable stack It makes a great setup in case if this falls breaks from 10 and then tanks Or otherwise provided this trend up if it busts over 10 and shows more signs of life from buying of buying at that point Then obviously it'd be a great call out for a long So i'll slip this on our list here too to finish things up the tivo stack All right from p.m here and then we'll close out for real, but uh thoughts on infi from uh p.m Now keep in mind now p.m Maybe a new attendee here. Maybe not but I just want to point out for any one of us on social media today facebook live or youtube All of our callouts this whole meeting is regarding. I mean outside of crypto this whole meeting is regarding day trading We're not swing trading. We're not investing. We're not doing options. So I just want you to know that first That's because I'll say on this stock your infi this provides no opportunity for us as a day trade It's just trading in penny range or a couple penny range here and there So you want to make sure that you're following something that is trading a lot of volume has a lot of momentum in its respective trend up or down Uh as crazy as cei is we'll keep that on our list But we got plenty of others otherwise the eng trade the lcid trade obviously tivo, which we just talked about And a couple of others. All right folks, but for all of us in social media, we're going to jump off right now We got class coming up in just about nine minutes time But otherwise make sure if you have yet to yet to have the chance to do so Just make sure that you like subscribe and hit the notification icon That is on our youtube channel that being youtube.com slash cyber trading you But otherwise if you're ready to join us live inside our trading room You could do so by going right down to the link on the banner below just getting yourself started right there Otherwise if you're not ready to do so yet It would rather just send over a quick question or email a trade in which you would want to cover with me Uh, feel more than more than free to do that. You could send over a quick email or trade right to my email josh at c2trading.com All right, i'm going to refill up on water because i'm as shocked as any that i went through this whole medium without like stuttering I did pretty good here. All right, so folks i'm going to get steppin I'm going to refill up water and get going inside the phase two stock course classroom I look forward to seeing most of us there Uh for those of us not trading or those of us not in class and we'll be trading heading heading it into the market close Uh, best of luck here and I know that rich will be doing commentary here for the next hour. Take care