 All right cyber traders welcome on back here this Monday, May 17th shortly after 2 30 p.m. Eastern time We got a hop right into this Monday afternoon here here for our afternoon meeting great to go across the trading room Good to see Leda Kathleen Debbie Gary Ray Chuck Phil Norman all of our students live inside cyber group of course along them all of our members on social Media Facebook live YouTube welcome on back So we have class on ahead for all this live inside cyber group at least all of our phase one students I'll be seeing you folks later on today at 3 p.m. We'll just be talking about getting set up on the proper computer setup the proper You know it's platform setup more of a tech talk than anything So, you know, I look forward to it We tend to do that class quarterly across the year once every four months So, you know, hey for right now Mavis will put this on our list just to begin You know it's near the highs at the highs heading into this time of the day So, you know, we love trading a stock like Mavis where it's at the highs and you like trading Mavis So easily enough we're just gonna put this on our list to begin I do want to zip right into Bitcoin though before I you know kind of loose track of that Where we left off on Friday at the end of last week and it was really I think it was more like Chuck was it like Wednesday? I think it was maybe Tuesday were Wednesday. I was mentioning this I was saying with the way Bitcoin was dropping to be careful and not to be careful as much But it's to brace yourself. It wouldn't have shocked me as it has now happened It's pulled back down towards 42,000 now. I'd said 41 to 42,000 There still might be more room on the way down, but you know, I think that the whole Elon thing I think between the Elon thing the you know, the cyber attack on the colonial And then just natural fud for your uncertainty and doubt you're gonna see people just selling. Oh, no, that's it It's the top of the cycle. That's it Well, if you've been following me here if not day to day week to week You should know my long-term outlook on Bitcoin. I'm not sweating one bit. I did not buy the dip just yet I had mentioned this live inside the trading room. I mean, it's really true As much as I'm like excited to buy this dip and I'm ready to see this run back up and I believe it will I Gotta be a human being and like, you know pay bills and You know, just make sure that I have enough US dollars to pay for everything else, right? So, you know, it's not as if I have that much amount of my net worth in crypto But it's a decent chunk and you know, I'm very excited to get going on this next dip. I this week I plan on buying more now with this though I want to show the hourly the six hour chart then into the daily. Why was I looking for this drop? You could see this begin to drop It was really from this point where it was beginning to crack back below the 500 EMA on the hourly Obviously was still so sharp on the way updating back into March. It kept going, but it kept teasing this break Teasing this break then finally here once it ended up making this big snap. That's when I first warned about this I said watch out for this big break at this point if it's not breaking higher much like we talk about any given equity You know, it doesn't matter if it's crypto or you know, just regular US stocks If it's not gonna break out higher and continue this run up like it has then we're gonna see a short-term drop So, you know, this is what has happened since here's what happened after the Elon stuff came out and you know It's dropped off further now on the six hour chart These are the ones that I just tend to favor the charts at least the hourly the six hour than the daily weekly monthly But you know, you could see it pulled back here going back into end of April down towards the 500 EMA across the six hour Well, once the next drop happens here, this is what led me to say It's probably gonna break below the 500 EMA. Maybe you'll see a sharp push back up But if not you're gonna see more slippage and then finally on the daily chart here Well, this is at a really strong support as we speak though the 200 EMA on the daily chart It's yet to be tested across this whole market on the way up dating back to September of last year So it held above the 200 EMA when it was kind of just beginning to you know, consolidate towards the highs This was before the bull market even started really Depends on where you start the bull market I reckon but you know really once it broke the all-time high of around 19,000 here it ended up making this huge accelerated move up But even dating back before then it was holding over the 200 EMA on the daily chart nicely and for the first time since It's pulled back. So, you know, is it gonna continue to drop across this week or a spike right back up I don't have that answer I think that we're gonna see this begin to squeeze back up very soon from now But it might drop down to 41 first maybe even a little bit below that But you know, nonetheless the next image I want to show quick before we just go from top to bottom I found this really interesting if you've been following crypto, you should know this, you know really across the last Bull market this happened This was the 2017 bull market You could see it beginning to break higher a year for every time it made a nice run up it had a huge dip 33 percent 38 percent 36 percent from the highs and then before finally going into the end of the year into 2018 that's where it peaked truly and started to dip but you know with Bitcoin for as much as it peaked up towards 6465,000 what's a 33 percent drop from there? I'm doing that math right now for you folks. So you don't have to do that That is just about 43,416 That's a 33 percent drop So a little bit more than that, but I feel at some point very soon We're gonna see Bitcoin and the and the majors will call them Ethereum and your Litecoin and Cardano Of course, which I'm very big into as well. That's been a machine over the weekend So I'm sure that will pull back anyway, but they're all move up My belief is over time and very soon from here. I believe to RJF says everyone is a millionaire until Elon Musk tweets Yeah, that's true Pretty much right? I mean whether it's Tesla or just crypto is it feels like right? I can go into crypto talk forever and I probably will going into tomorrow's workshop for all of us in social media RJF you included to of course feel free to join us coming up tomorrow May 18th We have a live presentation. Of course our traders talk workshop. You've been hyping this up for like damn near forever now It seems I was out sick last Tuesday. We were supposed to do it back on the 11th So, you know, feel free to join if you have any questions regarding stock trading crypto included Feel free to send over a quick email my email address I posted right there on the social stream right there Josh at CT trading calm all of our students like Norm Phillip Chuck you folks know of course that'll be a simulcast So for anyone live in the room, you don't need to go anywhere We just do that maybe two or three times across the calendar year for all of us in social media All right, so maybe this is already on our list. It's up five plus percent. So hey makes the cut See what else we have though. We'll go from top to bottom here to begin SNMP top percent gainer, but it's not like doing a whole lot right now. Oh I was typing zero there. I was looking for the down arrow key there. She's I wasn't looking at my keyboard There we go ended up making a big pop. I mean early on in pre-market here kind of Shaking around after the market open took a while, but ended up making a steady move I mean a nice pop from roughly a dollar lucky dollar here whole number up towards almost 150 topped off at like 146 No for as much as it moved. I wouldn't have expected it to make a second big move if it's not already at the high So I'll pass on it for now This one's a lot closer to its highs than the than the other one I feel this one has a thinner order book bit of a spread here and there this NVV e-stock I watched this from earlier today make this huge pop from like 10 up towards 13 I watched it. I didn't take part in it I cleaned up from the morning and at that point I took one trade just before an AMC right before we started the meeting and that was it But, you know, maybe I'll come back to this at the end Maybe I'll even just write this on our main list for the meantime Alright, maybe if we have a lot more otherwise and a lot better than that that'll maybe get the boot, but we'll see PT looking really good. Otherwise here this one pushing up pretty nicely too You know still pretty close to the highs much more liquid order book consistently tight penny spread To say it's not to say that there's like too much volume on the order book But this stock might take a what might take a lot of momentum a lot of volume for it to really get going and make the further continued pop But for right now, I don't mind slipping this on our list here to the PT stock They are PO from earlier popped at least, you know going into the mid to late morning, but dropped back after BTU this one ended up making and a really nice move going back into the beginning of last week ended up peaking right around like 650 680 ish, I guess then dropped back and I mean I guess broke higher later on But ended up making the bigger run today ended up breaking out shortly after the market opened from 650 up towards almost 850 Ended up topping. Oh, actually over 850 ended up breaking over 850 going into the early afternoon Ended up topping off at 861 and pulled back down. Yeah, I mean, you know, this was a really nice trade from earlier today It's still pretty close to the highs right now Maybe I'll come back to this at the end, you know Definitely I'll put this on the side for the meantime, but I'll come back to it See if it makes a stronger pop by the time I finish up the gainers and losers side Frsx nice squeeze after the market opened up today I know Fausto is first the punch on that one ended up making a nice pop and You know pushed up throughout the remainder of the morning and into the afternoon But yeah, I guess I'll come back to this also kind of sideless material This cheapy usws ended up making a nice push now up just towards a dollar pretty much You know just because it's cheap doesn't mean that we're always too interested in it it's at the highs and at a buck but I Don't know how much more this one has left We normally don't focus on stocks below a dollar because they normally don't make a clean You know advantageous pot for us to take you know to try and trade Come back to that I guess, you know, if it really makes a big squeeze. What do you folks? Let me know on that BGI at the highs but trading kind of like crap volume right now 5,000 shares per minute order book kind of just empty earnings after the belt today we have Fisker FSR, I believe they're after the belt today. We have 10 cent TME stock from the last few months that took a big big hit And then super league gaming SLG G in the stock that we were pretty familiar with here, too inside the live trading room It's all for after the belt today Nicholas says speaking of that FSR that maybe just from before he says FSR quietly did well in the morning I just saw that now Nicholas. I you know, I don't know if earnings were from the pre-market this morning I should know I wrote down after the bell today. So that was my belief, but Let me double-check on that Yeah earnings after the bell today, but they ended up. I don't know if it was leaked or not with Fisker FSR It's some partnership Deal with sharp announced All right, we'll go to that if I find it on the gain or side or losers will find it Heckle mining HL, you know moving up pretty nicely across the day Seems to be a whole lot that seems to be near the highs But I'm not as like jumpy or giddy to put it on our main list because that's not the type of stock that would normally run That much higher into the close. I mean, it's exactly where we would want it to be that HL stock But I feel like a lot of these miners are up at the highs today like CDE another one Probably NEM new month mining, you know, the whole sector seems to just be up Doesn't necessarily mean that you know, they're all gonna move sharply into the close for that reason The AHT trades at the high of the day We've been following this on and off across the last like, you know, really few weeks last month or so Not as much from like the end of last year I'm sure that we call this pop out here this day But it was more dating back to the last like few weeks on this run up from two up towards 350 And it's at the highs right now this one. I feel like has better chance to make a more momentum-based run this AHT trade Pretty familiar with it as well BCRX Ato's from earlier today ended up making a really good move up towards 330 I was so hyped for this I ended up taking like a 3 cent loss on this trade going into the mid-morning or late morning jump back in It ended up doing really well on it But as it came back down, I thought it was gonna make a higher low and run up to 350 I wasted that profit again. I was up from the morning. So thankfully it's easy for me to just say that without, you know Being upset by it, but I was really hoping for a lot more on this trade and just didn't get it And if we don't get it then for as much as it's up 10 I wouldn't try and hold on so I ended up getting now with a 2 cent profit out of all of it But uh, better that than just holding on because that was a lot of shares I was trading so that that could have been bad Fossil at the highs of the day fs fosl did earnings from last Wednesday on the 12th Hmm Trading about 4,000 shares per minute across the last 20 and that's like including this spike of volume I feel so even before that they're trading just like 2,02200 shares per minute. That's like a very light But it's pushing right. I'll write it down. I'll write it on keep it on the side list I'll come back to a few stocks. It seems like by the end of this meeting See what's worthy what's not Givo I ended up actually just skipping over up 10% here this morning Oh ended up missing this whole move looks like ended up breaking out after the open had a bit of a slingshot as it Rebroke over six moved up towards just about 675 and topped off roughly around there all right Great sideless stock this Givo trade but for today. We're not really gonna continue to watch it We'll hop over to the loser's list, you know I was really interested in the seal trade For a stock in pre-market to make this like sort of funky drop and then pop back up This was like right around eight o'clock. I was saying to myself It was only it was up like maybe a couple percent off of news and pre-market Let me actually just get that really quick, but you could see what happened obviously I didn't trade this after the open ended up diving off I mean in pre-market so I figured the direction of this after the market opened up would be down so There was news out they announced positive top-line data from the open label study Demonstrating significant treatment effects on major depressive disorder. All right long story short. That's what the headline was Sounds interesting sounds pretty, you know positive sounds good But then they're trading lower after Roth capital downgraded the stock from buy to neutral and Lowered its price target from $12 to 4 Following the company's study results. So I guess they weren't that great So jeez tale of two stories there I guess but ended up seeing this stock drop off in pre-market you figured leading into the open with it dropping that You know the direction here would be down. It's actually shortable. I didn't realize that literally until right now I thought with the headline and we would see more of a run up So at first early in pre-market, that's why I was more interested in it But you know what it's at for a major support level It's not too close to the ground floor per se. I You know what? I like it. I'll put this on our main list seal. I Don't know if that was the same firm Roth capital that ended up announcing the price target from 5 to 15 a few months back That's what led to a couple of these like huge pops and breaks here Rail pretty slow right now shortable a lot going on there Hi, all right, so markets down today not a whole lot not by a whole lot I should say but riot Mara the blockchain Bitcoin related stocks down with it clover Clover health we ended up seeing them post earnings this morning Ended up taking a bit of a dive shortly after the market opened up took a while to get the gears going on that short But after failing to break higher off of you know seemingly $7.80 was holding that resistance really well Boy ended up dropping off right away after provided a really good opportunity as a short For right now not a whole lot going on there, so I'm gonna pass on it for right now USwS is poppin getting back to that one at least from Norman So for a dollar a popped up five cents from a dollar. So actually that could have been a really nice trade You know knowing knowing your worth on this stock at least I'm not expecting this to go to 150 What's the news on it? I'll double check the news, you know seems interesting, but I'm not I'm not as keen to put a stock below, you know a dollar on this It's not as if this is a penny stock either. It's not an OTC or Bolton board stock This is a stock from the Nasdaq listed right on the Nasdaq But it's just simply that we normally don't expect a stock as cheap as this to make as clean of a pop as big of a move So even this you know alone is nice enough. I think they only reported earnings You know what we'll keep our focus away from this for right now if it ends up making an even bigger move later on in the next You know 15 or so minutes from now then I'm sure that rich will call it out, but I think for the meantime we'll pass Be to you Seems like it's dropping off a bit more now. I'm just gonna pass on that I was hopeful that that would make a nice run into the close FRSX it's been kind of holding up here a little bit I don't mind putting this on our list now the FRSX stock Hasn't dropped off yet still holding a bit here now if it tanks right after I finished this meeting then I think that You should take your focus off it at least from there, but Then finally fossil on me and is that the highs you know looks good but I feel like it's just trying such a little volume right now I can't expect it to make the same type of pop that it made dating back to you know January of this year where it ended up breaking out from like not even 10 from like you know 1250 13 bucks all the way up towards 25 plus and then dumped off after All right from YouTube here P trader saying air B and B a B and B very weak So as he followed up after probably a bit too expensive for C2 to day trade Yes, but if you play the options on it that would be the Less expensive bet and then on the way down so it could be an interesting short or if you do puts on it That was coin based on I had no hope for this one this came out as bullish as I am on Bitcoin itself that there's no direct Correlation between bitcoins move and coin base. So, you know Bitcoin dropped off, you know over the last few days last week or so really but You know with that coin base could go with it There's not 100% correlated to that to that matter just when now when that when this came out at like 395 400 bucks I knew this would like tank right away So maybe at some point coin base will be a good buying opportunity as far as a swing trader investment But it doesn't seem like it right now, but I have to wait till 200 first Norman says check out the AHT trade already on our list, but that one's still pushing up nicely So for right now folks, I think that we're just gonna call it I think we have a pretty good list here so far in total two four six stocks to work with pretty simple Don't try and go out there and force anything folks. It's a Monday, right? Let alone also it's class So for anyone that's part of the phase one stack horse you folks should be joining me coming up in just about 10 15 minutes I look forward to seeing you folks there coming up at 305 Eastern time for all of us in social media Really quickly. This will finally be my last reminder regarding this and so it'll be tomorrow But our live traders talk workshop will be tomorrow If you have any trading questions that you would like to submit for us to go through or answer live in our Workshop, make sure that you send right over to my email address personally Josh at c2 trading calm You can title it traders talk if you'd like it'll be easier for me to recognize and see going into tomorrow's workshop Just make sure that you're subscribed and hit the notification icon there on our youtube channel youtube comm slash Cyber trading you just to know when exactly we're about to go on live come tomorrow morning. All right Foustal beyond his broadcast early tomorrow 9 a.m. Eastern time as usual. All right But the traders talk will be a little bit later on after all right folks I look forward to seeing you there for all of us in the trading room. I'm gonna post and tweet the pics I know that rich already post the link for class make sure that you click it just so you're good to go I know that we had a small issue with the new student dashboard going into this morning's class So make sure that you click that link just to prep and get in there early. I look forward to seeing you there Take care