 All right, sabre traders welcome on back here this Friday afternoon this October 15th and to close out the week here this afternoon meeting and Shortly after 2 30 p.m. Eastern time. Welcome on back. We got Chuck. We got no Charles. We have Norman We have Norman we have Norman we have grant at least joining us a few of us still sticking with us here at least heading into the Afternoon at least across the last hour. It's been kind of a slow afternoon though to begin a nice push on Mara Of course Fausto called that out live inside the cyber group room just earlier great to see now Gary and Leda and Deb Kathleen there we go the ladies of C2 joining us right now loud and clear so perfect And and of course hey if you're joining us back on social media Facebook live or YouTube not as many normally on a Friday afternoon Heading into the weekend, but great to have everybody Terrell and Jeffrey is well perfect So we got a lot to talk about and kind of a slow afternoon at least here the last hour But a lot to talk about and a lot of it's you know Bitcoin and crypto included So no Mara's on the screen here as I just said, you know Fausto pointed out Mara's Testing the HOD the high of the day. It was up just there at a 48 60 and counting and we'll pull back a bit here And here's my concern as we talk about this all the time I think today may be the day where we finally break that streak and I'll explain more about that in a moment But normally when we see these crypto stocks near the highs at the highs are up 10 15 percent They rarely if ever I think almost ever have ever ran higher into the close and I don't know why I don't know why but we've been doing this for the last what year and a half now really or Probably for the last year in a couple months. So it's to say that You know history repeats itself if this Mara stock is shortable Normally around like 1 32 o'clock in the afternoon. I think we actually talked about that You know live inside the trading room just earlier in the week, you know I oftentimes I look for a good short opportunity I was on the phone just before it's one of our students grant just catching up So I had no real interest in trading anything just you know recently But you could see it started to pull back perhaps today is the day where we see these stocks You know make a really nice pop into the close right now Certainly we'll put the Mara trade, you know just given it short of both ends up pulling back going the other way Reversing then it would be a potential short, but otherwise, you know a nice trend up heading into the afternoon So put this on our watch list to begin We'll check in also on a couple of the other crypto monitor stocks right now like BTBT riot Canon perhaps yeah, these aren't looking as good right now. So Mara in particular is making a nice run Riot nice bounce from roughly like 2670 ish 2665 bounced up just about you know a dollar and a half But starting to dip back down too. So I'm not as interested in this one. I'll be at this one Also be shortable like Mara is Canon trade, I don't even call this one out earlier today, but let's go into the others even a and y a and y from earlier today I mean, this is a stock that we ended up actually doing pretty well on for the short time that it popped You know it ended up making such a nice move from back from Wednesday this week And we ended up trading it yesterday morning, you know for that matter too But you know this morning ended up making a nice slingshot after the market opened up broke under and over the opening print It looks like an ugly chart, but to tell you the truth It was a pretty simple trade right off the 825 price and from there moved up We were hoping for you know a lot more Bitcoin was pushing up to like 60,000 at the time 60,500 and you know, I mean unfortunately the wheels fell off on this trade rather quick This one ended up dumping back down in a nasty shake back down from that point And you know hasn't really made a big move back up since I got chopped up recently on this stock Just going into the early afternoon a couple of trades from minus three minus five Thankfully up on the morning had a good morning But you don't like to take those losses and for right now although it's starting to kind of kernel back up towards that same 825 price Rather pass on it for right now if it ends up breaking it here in the speeding then I'll kind of you know reconsider But yeah, the BBIG for the most part was our big focus here This was the better trade ended up making a beautiful slingshot Under and over from its own opening bell print 793. I think it was at the time I remember distinctly because that's where I took the trade So I ended up jumping in from 795 ended up running it up pretty nicely up towards 835 850 I think I scaled out in two parts there. I didn't get back in after so unfortunately I can't say that uh, you know, I ended up jumping back in ran it back up to nine I can't say I did I know a bunch of us live inside cyber group did you know This was the best trade across the morning, but much like the A&Y look at look at where this stock ended up topping off at It was even like prior to 1030 Maybe like 1010 Eastern time here normally 1030 Eastern's they're kind of like reversal time of the day So no granted. It's not automatic 1030. It could be you know a couple of minutes earlier a couple of minutes later perhaps even But this one was a little bit earlier than then early So, you know ended up beginning to fall off off its trend from that nine level ended up pulling back and for the most part Right now. It's just as choppy as the A&Y trade is here All right, so, you know, we had a nice morning at least Maris already on the watch list We'll get back to crypto you're coming up in a moment But to kind of wrap up the week I kind of make use of my time here We'll kind of go right from top to bottom the L of FA ended up making a bit of a move early in the morning Ended up dumping back down though, right? So another you know pop and drop type of play is WTRH Man, this ended up making the move that I thought it wasn't going to make it first You know here is the pop and drop off of 119 120 we talked about that back from Wednesday this week, you know go back on YouTube stream You know we're talking about that same price, you know what just for argument sake just because If I could show it at least it's been a pain in my butt. All right, take my word for it folks 119 120 it was a pretty damn strong level. In fact, I think it was even yesterday's high 122 perhaps a pop and drop over that price and then dropped off Well today ended up first doing that and then here man once it snapped back over 120 That was it So I didn't even notice that I was on the phone like I said before and I was following the A&Y trade Just you know earlier for as well as I did on that stock Fortunately got chopped up on that and missed this whole move. So Charles yeah, I thought jumped in wow He made the most of this trade you got in from 120 out at 143 So let me ask Charles and because we don't always talk about share counts here in this room And if you don't want to share your share count, please let me know, you know, no no sweat on that But you know, it's a cheap stock, right? Because we always advocate for our more experienced traders like yourself perhaps like later perhaps for you know Others in our trading room, you know for the most part you would say For a cheap stock like this if you're confident of the move you could load up on shares Seem like a pretty simple breakout if you don't mind me asking Charles How many shares do you end up trading on that one? Like if that was me I would be doing a couple thousand shares if it was in the morning maybe even more Charles says thousand shares It was a swing trade even had alright, so there you go So, you know what it wasn't a day trade, but he was watching it once he saw the pop-off that same price 120 Ended up leading to a huge move So I mean I'm sure he was in that trade back from either Yesterday or back from the day before so not long of a swing trade in terms of duration But certainly paid off night beautiful exit right off the high practically Very nice. All right, cool. So with that said yeah, WTRH will put on the watch list GRNQ this one at least is still showing some strength on the way up making these higher lows But I don't know I'm not as keen to put it on the main list just yet I know one of our students had called it out earlier in the morning when I was pushing up And at the time it was good call-out, but I don't know right now. I'm not as Not as confident yet on it Now Fausto called out this meet rate This is also one this one flew under the radar at least in pre-market and you know, although It wasn't on the pre-market watch list because one and we ended up catching this one pretty early on Fausto called this one out shortly after the market opened up when it broke out over like 880 I think from that point that first peak then from there it took off up towards 920 made another break out from that 920 up to just about 990-980 Now for right now, it's even pushing back up here a bit So yeah, I don't mind putting this on our main list here for right now You know if we have like a lot to choose from maybe I'll give this The boot if need be but I like it as good spread good liquidity. It's on the way up Not too expensive if you're looking for maybe like 15 20 cents, you know That's something to try and go for it again You know, this would be a day trade if anything but you know, perhaps if it ends up pushing all the way back up It can make a better run up towards 10 even all right. I've got the hut trade here another crypto miner stock It's hard to borrow it's pushing up a little bit off that 12 level So we'll go to the Bitcoin stocks here at the end or kind of wrap them all up the Maristax already on there Jasper from pre-market. Unfortunately, this one dived off. I mean just shortly after the pop True pop and drop type of play and I'll coa here I'll coa still is tradable, but for its price like I'm not as interested here I'm you know with it at the end of the week This one looks pretty good the cost stock here KOS, you know up 11 and a half percent yearly It's on the way up to four cheapy great volume on the order book So kind of those on there Kind of skim through the rest of the gainer side here folks markets pretty flat albeit up So we'll see if there's any other like no names maybe some other It's just about to say some other crypto miners, but you know for coin base $278, I know one of us had called it out earlier and my answer may have Sounded a bit blunt. I didn't mean for it to be and I don't think it was I'm just saying saying it's across all teas I thought my eyes, but you know, I said at the time like I'm sure it's a great call out But I'm not even gonna put this up at the time. I did it's my first look on coin base today It's just for the fact that It's so expensive. I'm not gonna trade this on a thousand shares I don't want to even trade this on a hundred shares because I'm not normally used to trading a stock with such thin liquidity on the book Especially earlier in the morning when it was making a sharper pop, you know, it was on like a 50 cent spread 45 cent spread So why take myself out of my element when I'd rather, you know, trade stocks that are easier to trade Name of the game is to make money, right? So, you know, that's why I say, you know in the meantime in the morning It's definitely not one I'd be interested in if you're looking to do maybe like an options call play on it Of course, that's something to follow. You know, perhaps with it pushing back up with Bitcoin, you know, making another run up So saying I called it out as an FYI to watch the other crypto. Oh, certainly. So in that regard, yeah We were calling out the a and y already the bbi g btbt and now, you know We were talking at least from earlier in Fausto now So you could perhaps use coin base and I'll get to this part also just coming up with crypto You know, the reason I call out Bitcoin in the trading room is because I use it as an ETF almost like as a guy To, you know, watch the other crypto if I see Bitcoin make a huge pop Perhaps I'll happen to see, you know, btbt or a and y or, you know, whomever, whichever other, you know Crypto monitors out there make a big move up You know, so perhaps you could say the same with coin base here, right? So, you know, that is food for thought, right? If that was called out in that regard then that that's definitely good advice Wendy You never want to distract yourself folks because again the window of opportunity closes pretty quickly as soon as the market opens If you don't trade pre-market, then your window of opportunity really is like an hour from 930 to 1030 or from 935 to 1035 but you know what I mean? All right, we got CEI here pushing perhaps up Ended up making a bit of a bounce earlier here, but not a whole lot happening right now Nice pop from the market open as well, of course Check out just couple of couple other no-name stocks that like we've called out kind of frequently in the trading room RLX pushing back up. It's actually back over Wednesday's high that we had that's where we last, you know Trading it calling it out. So, you know, it's just so slow. It's trading about 70,000 shares per minute looking at the order book That's actually a decent amount compared to what's out there So if it really wants to get going it can but just doesn't really seem to be right now across across the last hour It's pushed up what maybe like four cents three cents so I don't know if we feel a need to come back to this stock at the end then we will but We'll pass on it right now. All right, so hop over to the loser side here CTT shortable It's down near the low of the day, and I don't know if this is all-time blows. Let's take a look on the daily chart Not all-time blows, but obviously taking a huge hit so far some big spikes of volume actually coming up here recently 68,000 share print practically here at 981 that was from 206 Eastern times So ended up kind of squeezing up for a moment pulled back. Ah, it's back. It's back Oh, no, it's 81 not 61. So it has to get back up there a little bit more And that was earlier here too. That's pretty interesting. Let's go back prior to 230th. There's another Not here we go. That's what I missed At 960 136,000 share plus print and it's back over that price. That's what I was tripping myself over up over the year So I thought this was but uh, yeah 960. I don't know for right now I'm not as interested in it's Friday afternoon, and so we got rather look at space if it's making a nicer move on the way down Looks like this just kind of bounced back up from 2001 pushing back up here I don't know. I mean this stock is tradable and shortable So if it ends up pulling back down, perhaps we could try and short it I don't really have too many stocks on our main list so far. I'll add this one Like I just said before we're pretty familiar with this space trade at least you know on a more day-to-day basis And not much happening there And that just about does it folks I mean I see some other shortable stocks on the loser side here, but not much that's really catching my eye The dad's trade I guess I'll check in with and we're kind of familiar with that one, too Just break it down. I don't think that we could short it. I don't think anyone can short it All right, folks Let me know if there's anything up down left right that I'm uh that I may have missed or will be missing coming up Because I bring up Bitcoin right now. We'll talk a little bit about that for about like five or so minutes And then we'll finish up. I don't know why I always like finance charts I guess because they don't kick me off like trading if you did back on Wednesday when I was trying to show the Bitcoin Dominance chart there, but you knew I'd get to this you knew I'd get to this so We ended up seeing a huge pop back up over the last 24 hours We're getting pretty dark close to the all-time highs right off of 64 thousand 800 I think it is roughly I deleted my lines off this chart I think that we're kind of done with the horizontal lines as we're looking to go into price discovery You know if it ends up pulling back a bit might the line that I had up was fifty eight thousand five hundred So, you know across the last day or two it ended up beginning to kind of peak up there Hit a high of fifty eight five three two you could see on the top left of my screen in red where it says H Right, so it hit that line and then bounce and then obviously today the big pop now Why is Bitcoin popping? Well, you know, I mean, I think it's just bullish said sentiment number one But then of course number two there's been a long-running rumor going around with the ETF getting listed across The Nasdaq and I know the Nasdaq ended up approving one just earlier today from from this one called Valkyrie Which I'm unfamiliar with to be transparent, but it's to say though otherwise I mean, you know with all the hype up for an ETF to be listed across main exchanges You know, it's just upon the SEC right now to give it the final approval so, you know, it's not it's not a signed signed and sealed deal, but You know, it's gonna be probably in the next week So I think this is just the beginning of a big run-up and you know It might just be one of those things where once the SEC approves, you know An ETF or officially approves a list of them because it's not just one. There's gonna be a bunch of them There's one that's gonna be futures based There's one that's gonna be based around the crypto mining stacks like riot and big riot and Mara and BTBT and the others There's gonna be one that I think specifically holds active Bitcoin Included with it. So there's about like four or five I think that that are going to be listed across main exchanges soon within the next few weeks I'd said that even earlier this morning And so that that's actually news that came out across the last five hours that led to Bitcoin's pot So if you go back on the morning meeting, we were talking about that potential rumor of an ETF to be listed across next week I said, maybe even later on today, I wasn't expecting it But alas here we are. So Where's the next level? That's probably the next question that everyone's looking for. Where's the next level? I don't have any lines here so far. That's because I want to show you something and For all of us live inside the trading room, you're probably gonna be like, why is he using this? He never uses this with day trading. Oh, hey, you see moving averages on here I don't use moving averages with day trading too frequent It's to say that with fib extension lines It's something that I've been toying around with across the last, you know A couple weeks looking at Bitcoin with it looking at Cardano with it And not even as much with day trading equities with it really or trading equities altogether for the most part You know, it's more crypto based that I'm kind of using it for to anticipate price targets So let's try and play around here for a moment because I'm sure everyone's gonna have their own numbers if you use them at least but Let's try and play around here for a bit. I'm gonna look at a line Let's say like I'll say like right around 9,000 because I see this was a nice dip point here held practically right over 9,000 over here It was holding just around 9,000. So I'll go with like 9,000 Well from that point Bitcoin ended up making a huge run up to the all-time high 64,800 I'll polish these numbers up and then we ended up seeing a dip point I'll even round up a bit from the low there. I'll even go up towards like even like 29,500 will go Give me a quick second here folks because we'll play around and we'll see where we can find potential next local targets Bitcoin and all of that see what we got So in terms of the next major resistance, I mean, it's pushing back up to the all-time high So once it clears that it would probably go up towards right around 73 73 5 as the next level Otherwise it might just blow through that and test major resistance right around 83 85 3 So that's based off of certain Fibonacci extension levels But if you use them, you know what I'm talking about and if you don't well, you know, it's to say look into them If you want I'm not like swearing by these right now But these are just your thoughts these are potential thoughts for you know next levels ahead. Are these gonna be right? I have no idea. I had no idea from the get-go, you know It's just that I had a belief in in what I've been studying across the last year I've been sharing it here and there early on but now that we've seen the first run up Obviously, I've been focused on it every Monday Wednesday Friday with you folks here And every day myself, of course But you know, it's to say that with this you know pushing up right now I could see this beginning to make a move up towards 85 That'd be lovely then from there perhaps even up a lot higher. So we'll say all right folks What else we got anything else that ended up making a bit of a move P trader asked here on YouTube at least you never use EMAs for day trading. Well, I Very scarcely that's my answer and that's just because I have too much You know else otherwise to focus on between level three level four my charts here And you know to you know go back and peel back the curtain a bit a bit further You know when I first started back in 2014 you got to keep in mind Fausto is the master of keeping it simple He doesn't use any indicators That's his whole thing he uses level three and that's that's pretty much it You know, it wasn't up until two years ago where we ended up, you know finding book map level four They they ended up becoming you know out there and relevant So, you know, we partnered up with them and you know with that But it's to say prior to even level four We've just been using the NASDAQ book viewer the trade station matrix here and that's it So, you know, that's how I was trained So that's where I say I rarely ended up dipping into indicators up until the last couple years myself and fifth fifth levels Never really EMAs. I've been using them kind of scarcely over the last couple years All right From Norman M. E. It's already on the list, but if that's already popping right now, then we'll get to it There we go. All right, cool. So folks will get to it right now We got a decent list to work with though in the meantime between Mara W TRH me cost and space And then anything else. Otherwise, if there's anything else that ends up popping dropping you name it in between We'll try and call it out and see if we can capitalize on it All right, folks for all of a sudden Facebook for all of a sudden YouTube live I appreciate you sticking with me each and every day each every afternoon. Have a great weekend. Enjoy. That's all. All right, folks Take care