 All right folks welcome on back here this Tuesday June 22nd shortly after 2 30 p.m. Eastern time welcome on back Of course for our afternoon meeting it feels good to be back I was actually off on the social feeds yesterday great to see all of us on Facebook live and YouTube of course with that in mind Great to see all of our students Norman Pat Leda Wendy Peter Tim Sharon all of us inside the cyber group room welcome on back So I wasn't able to get this stream up yesterday afternoon afternoon all of a sudden I think what happened was I ended up deleting my internet browsing history the cookies the cash and I ended up deleting my stream yard password How about that? So I apologize for all of us joining us on social media But I have to begin today with what I wanted to begin with yesterday before I so rudely found out I wasn't able to do the meeting for us here in the afternoon So as we all know at this point we ended up seeing Bitcoin get Yesterday and then heading into the morning so typically when I have the chance here in the afternoons I like to pull up the Bitcoin chart for any of our crypto followers But not only for you folks there But for anyone that tends to follow the blockchain Bitcoin mining affiliated stocks You know the riots the maras the cannons and all of those that we've called out over the last many months So you know I always like to show these few charts here the 15 the hourly and then we'll jump to the daily in a bit But just across the last day and a half two days You could see the big drop-off breaking down below 33 support from the last few days And then eventually just lower and lower going into this morning. It was on the way down to 30 So you knew that it was gonna break down below 30,000 today I mean I think the absolute bottom from what like a month ago or three weeks ago at this point was exactly at 30 flats So with the way it was dropping you knew it was just gonna break lower the question is to what extent? So here's what I want to show you obviously you've seen the squeeze back up more So heading into the late morning the early afternoon here, and it's still going So we'll go to the riots and the maras all of these other equities that follow Bitcoin in just a bit Let's go to the daily chart first actually we'll go to the daily. Let's actually hop around with some moving averages I should have had this up just before I started so I apologize for that in advance But let's see if I could bring this up. Is this thing gonna be annoying to me here. Ah Stupid thing. Let's see if I can get this long story short. What I want to show you folks here is the 500 EMA I have a few moving averages up on my chart. Let's see if it's gonna play nice to me here today. Ah It's not gonna damn. All right. So what I want to show is the 500 EMA and when I do these Bitcoin reviews and analysis I always tend to show the EMAs that I have up at the time I tend to have a 50 100 200 and then a 500 the 500 EMA it was essentially right here off of like 30 29 3 I think it was the absolute bottom point being today on the daily chart You could see Bitcoin breaking lower But if you can imagine the 500 EMA here folks is being troublesome to me just before but ended up essentially Holding right over that major EMA that moving average and with that We've seen Bitcoin begin to squeeze back up going into the late morning the early afternoon like I'd said So we'll keep track of this of course throughout the week I am not here to give you predictions as far as what it will do going into tomorrow going into the next day I tried doing that about about a month and a half two months ago and for as much as it dropped It definitely dropped a little bit more than I had thought it would so that's not what I'm here to do I'm here to provide my own thoughts as far as the short-term move as far as what could happen going into the next couple hours Not to say the next couple days We know it's gonna be a long while before this starts going back up to 45,000 50,000 And if it's sooner than what I think it would be then great whatever but for right now at least as far as today This afternoon Tuesday, let's jump to the Maras out there the riots You could see essentially the same type of move So where Mara ended up bottoming out right off of 2450 at the same time as Bitcoin squeezed off that 500 EMA we ended up seeing Mara make the same move riot breaking new highs right now I gotta say a stock that I've been interested in from the morning because Bitcoin was down and this stock was on the loser's list Canon We're familiar with Canon How come Canon is not making the same exact type of move as riot or Mara here now I can't give you that exact answer Maybe market makers are holding it back accumulating shares knowing that they could just make it explode and pop Perhaps even as early as this afternoon perhaps tomorrow morning. We'll find out. I like these stocks so far going into the afternoon Unfortunately, though This is the part of the meeting where I'll tell you that for as much as we see riot and Mara Trending up at this time of the day Well, how often do they really end up making that big final breakout into the close for other stocks? We often cheerlead that and we often hope to see that happen with riot and Mara Unfortunately history has proven with these stocks, you know at the highs of the day regardless of percentage up or down You know, this is down point five seven percent regardless of that Typically when we see these stocks at or near the highs they have rarely if ever it'll have ever at all Continued pushing up it just as beautifully into the glows We'll see what happens at least with this afternoon with Bitcoin dropping off as much as it has at least across the last 24 hours So we'll put all three on our list for right now just in hopes of continuation riot Mara And then the one I'm really more interested in is this Canon this thing's been holding under eight all throughout the Afternoon, I'm really throughout the day these false breakouts I jumped in on Canon here off of eight ended up going scratch because it just didn't give me what I wanted at the time and You know what? Hey, if we happen to see big continuation into the close watch out for that eight level on the Canon trade All right, so without further ado. I got here from the trading room Michael D saying the few times I traded Canon it did not seem to follow Bitcoin as much as riot and Mara did well They're all Bitcoin miners so riot and Mara have proven themselves Michael to have correlated better with Bitcoin not just today But you know just across the last few weeks the last month, but with the setup we have here on Canon I just got filled you can actually just see that right there. I just got filled on a trade So I was going to say I'm so interested in this trade. I had my order set. I'm actually filled right now I got filled right off of eight. We're gonna see what happens at least going into this afternoon We'll come back to this obviously going into the end of this meeting given that I just got in I'm gonna set my stop right now at least in case it shakes down while I go through the rest of the gainers and losers list I'll come back to it either way So normally I would have started this meeting off aside from all of the Bitcoin hysteria since I wasn't on the social streams yesterday I would have started off otherwise with this ALF So as you can see on the daily chart ALF already breaking over the highs back from last week And then only continuing to push up early on this morning So for all of us in social media Facebook live YouTube that are looking to wonder like why is this stock up 68% today? And why is it up so much the past week or so? Essentially the news that came out this morning was right around 8 30 Eastern Time ALF announced a two million dollar buyback They told Benzinga specifically our commitment to a tight float and a retail base is Unwavering the CEO calls its stock undervalued based on pipeline projections and identified opportunity All right That's the headlines out the two the two million dollar buyback is the real headline as to why this stock popped after 8 a.m Eastern Time but you know long story short no pun intended when you happen to see a stock breaking all-time highs like this There's no historical ceiling. There's no past data to work off of this is the dream This is the absolute dream that you would hope to have happened for a stock that breaks all-time highs like this The absolute roof was blown off So as you could see after the market opened up it actually moved up to 10 at first then shook back down when this ended up re-breaking above 10 That was it that was a wrap I mean, I'm talking right here off this bigger pop which led to this just really exploding right so to see this Stock make the type of run that it made even from 10 moving all the way up throughout the course the morning into the afternoon topping off Essentially right under 15 It still has some plate to it But again for as much as it moved up not just today, but from Monday from Friday last week when it was five five bucks six bucks When is this not going to begin to pull back? That's the question that we always have to ask and at any instance Especially the more and more a stock continues to move up and pop like we've seen here So, you know, I can come back to this and put this on our list at the end If we really happen to see more signs of life a higher low being built perhaps off 13 here So we'll come back to this at the end just to see where it's at But my heart tells me it's likely to more slip off going into the close. So we'll see All right, so I wanted to go over those pretty much just to begin as Tradition now what we'll do is really go from top to bottom I got a couple of warrants here to start the gainers list So typically those I just skip over I don't know what this is NSPRZ trying to try saying that three times fast. Yeah stocks 21 cents It's doing nothing right now. So we're gonna pass on this really a bunch of like unfamiliar stocks and tickers that are near the top of the Gainers list, you know for doing this six and a half to seven years. That's not really that good of a sign There are always stocks that make these big moves and pops and drops and I know you try and follow it after of Course just like wish but otherwise I like to be more tied to the ones I've seen on the gainers side before this ID RA I've seen before not just you know from today But obviously just look back on the daily chart stock took a huge hit going back into late March gap down from essentially five all the Way down to two continued dumping off after that point. So we took a rise off it after the big gap But you know to see the stock squeeze up at this time of the day I Really hope to see continuation, right? That's what we were just talking about with riot and matter at least You know for this one ID RA definitely just gonna put this on our watch list for the meantime. Oh Let me get my volume bars up. I don't think I had that up. There you go All right nice cheap stock good spread, you know, it's popping right now So maybe it could pull back, but I wouldn't expect this to be the type of stock that would shake you out You know 10 15 cents within a given minute and triple D number 8 This is a stock we are pretty familiar with we called it out earlier from this morning It didn't make our morning watch list, but it ended up popping up as soon as the market opened up So obviously caught our attention pretty quick essentially broke out from 30 ended up moving up towards a high of like 3850 So it's pretty close to a ties in relation to its low You know, so that looks great, but it's to say this stocks very heavily traded, right? I mean it's pretty similar to the ALF just in the sense of being heavily traded the momentum dying off from the trend up So again, maybe I'll come back to it the stock is shortable at least So if it does dump off here, perhaps, you know, it can make for a nice short little day trade WWR next one number 11 this stock we end up doing really well on I don't think it was from the big Yeah, it was from right over here So you could see back from October time stock ended up exploding from like two to 53 bucks all the way up towards 14 1450 here obviously dumped back down since and it's the type of stock to make that exact type of move You could see going back into late February early March essentially did the same thing So as long as we know what we're getting into with this type of trade here meaning we're not trying to swing trade this You know, if you're in from a really good price and want to reserve some shares to hold overnight That's you're doing at least for what we're trying to watch for on this trade into the afternoon It's building a higher low or already built the higher low trying to move back up now towards 550 So I would definitely expect for there to be a little bit of a shake around off of 550 And even 555 a lot of volume traded and filled right off of 555 today Not not just 550 so I would assume for that to be more of a complimentary like resistance if anything So familiar name will put this on our watch list for now WWR Healthy water break there that always helps. All right, so let's keep it pushing see what else we got G sat here familiar name from I think yesterday ended up first being called out off the pop up towards 150 and above and Obviously today ended up making a second move held 150 as support today pushed up to 185 pretty flat pretty weak right now Not too flat But definitely weak in relation to the pop and move up from today and really the past few days Atoast right so this just goes back to what I brought up about ALF in the sense of the more and more a stock Explodes and pops and it moves up faster and faster You can't keep expecting the stock to make that same move or just keep moving up and up over time So God bless this ended up popping after the market opened it ended up moving up higher later on as it broke out from 675 680 But it's like you know it goes back to what I always say when the when the volume dies off on a stock Looking at the volume bars per minute that's being traded You know obviously increased off this big pop and over time pushed up more and more But after this last burst over 750 essentially being a false breakout You could just see the volume wore off very sharply after and when the volume dies off I say it all the time so does this so does the stock so ended up seeing this begin to dive off here making lower highs from the 750 and Obviously a big shake here so it's more of a short into the close than anything these shares are hard to borrow from trade station So we'll see it also we got right now so far We have five stocks on our watch list three of those being like more of the Bitcoin, you know related crypto mining stocks So to say how about space breaking above the highs from the last couple weeks and even pushing up further pretty flat now But definitely this will be a good stock to watch come tomorrow come tomorrow morning first thing I'll be looking at space to see this type of pop and run from earlier today And like I'd said before breaking above the highs really cleanly from the last couple weeks last week and a half two weeks Roughly off of 3750 38 ish So, you know assuming for that when this pulls back down to look for support around those prices All right, what's this e next to plug plug with the little e right next to the ticker? I don't know what that stands for ended up making a nice push from earlier today I know that they had earnings earlier this morning. That's not what the e stands for unfortunately Ended up pushing up nicely and it's still pretty close to its highs at least right now I'm making a higher low and trying to get back up to 3350. I do like this plug stock We are pretty familiar with this trade and if we're familiar with this trade perhaps we check out fuel cell f ceo It's not as sharp Not as lively not as sharp You know and I'll put this on the side I likely will add plug to our main list at the end I just want to see if there's anything that looks even better something I could prioritize over this Express another reddit stock. Let's just check out the blackberries the AMC's of the world out there You know BB made a move earlier today when it broke over 13 Never pulled back there yet AMC's pushing up a little bit So I guess that can give traction towards some of the other quote-unquote reddit stocks You know, it's pretty funny. I get asked this often and and understandably so inside our trading room But I would get asked like you know, hey, is this a reddit stock today? Is this a meme stock today? Folks just to give you some insight like on that reddit group, you know wall street bets There's a 11 and a half million people in that channel in that group that are on reddit on that one group 11 and a half million Any stock that is making a big move nowadays they are talking about on reddit So don't even pull your hair out wondering is this a reddit stock? Is this or don't worry about that the more you even think about that You're distracting yourself from what you should be following the order flow looking at the prints on the tape The trend I just all the basics that we need to follow in terms of taking any trade So at least for now, I'm personally not gonna follow AMC a little out of our price range The stock also crashes my platform. So those are reasons why I would not follow that but maybe express Maybe blackberry and come back to them. I guess at the end if they make one more pop Figs FIGS. This is a new ticker. I guess I know Fausto called us out after the market opened I know all the Italians in here. We're going nuts over it. There we go. Yeah, Andrea chiming in from before All right, so we'll see what else we got though. Otherwise really I mean just looking for some familiar names Tupperware Not a whole lot happening there BBIG I think this is also another crypto related stack or maybe NFT type of stack pushed up earlier Trying to get going right now. It's on the web to five. I'll put it on the side list with plug It's interesting, but I'm not ready to fully commit to it yet All right, so I guess speaking of the reddit stocks the only others I would really want to jump too fast is either clove or Workhorse I know those those are two stocks that will not only are being talked about by the reddit channel But those are two stocks in particular that have incredible short interest So for right now both really aren't doing a whole lot seemed to be pretty flat It looks at least like clove popped earlier today, but that totally dumped back down Yeah, I'm not as jumpy to watch those right now So, you know what let's hop over to the loser's list We'll see what else we got on this side of the field for anyone on social media Facebook live YouTube anyone out there That would like to chime in please do so. Let me know if there's anything that you would want me to look at But first we'll go to the top of the loser's list GBR down 32 plus percent what makes the top percent or what makes the top of the gainers list one day Typically makes the percent losers list the next so ended up seeing this just completely Fumble in the pre-market and then after the open snapped lower Seemed to be said on torch now again This is like the perfect embodiment of for as much as it goes up When is it gonna pull back down the stock just a week and a half ago is three dollars three dollars and fifty cents And it's not just that the size of the move seeing the stock just yesterday over ten But look at the gaps on the daily chart the gaps to me are even are as important Let's say so you could just see even overnight this stock made some extreme moves without any sort of buying Or any sort of volume being transacted that doesn't automatically lead to a gap filled But the more and more it goes up with those gaps just day to day to day It's just more and more likely to happen. So I hope nobody got caught on this torch trade from the morning I rightfully so we were watching it in the pre-market and we called it out a bit after 9 30 But that was only once we started to see this begin to build off of nine when they started coming back down making the Lower highs pulling back down, you know, it's easy for me to say this I guess after the fact but for any one of us live inside the trading room It should be for easy for you to say this to The writing was on the wall to see this just absolutely crash Once this ended up making the lower high the writing was absolutely on the wall So, you know unless if you ended up taking a loss from earlier here trying to expect the balance if you got stuck Holding on to this You got a problem we really have we really have to work on a whole work on on letting go of these losing trades Should you have held on to this shirt as it was I kind of making the slower high Crashing back down below support. Hey, you ask how does the stock get from point A to point B? Just look what happened once support broke. That was it 920 ish 9 bucks. I was it Alright, so you could say that's it also for the Mavis trade ended up diving off after the market opened up I thought that they had either a common stock offering or your direct offering of shares Anytime that happens the stock just drops down in price either to the price that they list Or just otherwise I don't think they listed a per share price that they listed the offering app But obviously took a big tumble in the after hours I was in this trade with one of our students Charlie and I wish I took a better exit on it But we had a pretty sweet entry. It was right off of 1675 here ended up jumping in on a smaller size like 500 shares Still got us just about like 40 50 cents on the trade. I was in this trade when we were conducting our traders talk workshop So as it made the lower high I caught it and ended up seeing it pull back I got out on this trade when it crashed below 17 here I could have gotten out slightly ahead of time Thankfully I got out where I did because it only tumbled back down more after but damn goes to show how strong that 1675 ultimately was ended up making higher lows off that price later on and and now You know, it's at 1712 pushing back up a slight bit. This seems to be a tradable stock But again, there's a lot of tradable stocks out there. We could look at Neo. We could look at the airlines We could look at this stock or that stock, you know, this stock is just Tradable that's it. There's nothing really to write home about on Mavis at this point I was watching it off of the news earlier watched it off the major support 1675 but at this stage I don't really know where this will go for the next you know hour or hour and ten minutes from here So, you know come back to it tomorrow if it ends up showing signs of life on the way up showing an iceberg on the bid holding Or more orders getting filled on the ask then you try and jump in anticipating a squeeze back up But until that happens, I'm not really too interested Jinko Jks Jinko solar ended up taking a big drop. I thought they had earnings this week That could have been from this morning We ended up trading them yesterday going into this time of the day pushed up pretty nicely and obviously the Inverse happened today ended up diving off here after the market opened up. Let me just check really quickly see if this was earnings based Huh, I guess no earnings today. It's got to be tomorrow then I saw them coming out with earnings for this week Let me just check really fast. Oh, you know, it's funny. I knew this going into the meeting I caught myself before I actually jumped on and did my intro this whole day. I've been thinking today is Wednesday This whole freaking day, so I believe Jinko is earnings for this week Yeah, they have earnings Friday morning. I don't know. All right, so they ended up diving off here this morning I don't see any sort of news report or any headline out there for this trade really flat right now So we're not gonna watch it for the afternoon But it was just curious just wanted to see for us, you know stock that we ended up putting on our list from yesterday Obviously tumbled down today and love earnings come Friday morning All right, Eba not a whole lot happening there expev and Evie stock lower highs kind of near the lows Then aht very tradable stock we have the stock on our side list most days and not a whole lot happening here So we'll keep on our side list. All right Let's see what else we got from Terry in the trading room going back to plug really quick plug was on our side list We don't have too big of a main watch list now So we'll kind of promote this to the main list plug and building the higher low still on the way up towards seemingly 3350 So Terry was saying the e next to plug here that e in parentheses Nasdaq finance financial status indicator. It says delinquent issuer missed a regulatory filing deadline. There you go All right. Well, that's not gonna stop this stock for moving up clearly right Terry So just because it has the e next to the ticker symbol Don't let that fool you don't let that be a distraction to you You know for right now this looks still looks really healthy on the way up heading into the afternoon here All right from Norman DGBI or DB GI my trader's dyslexia kicking in my throat getting scratchy here nice pop Though so far right? I mean it seems like it's a new ticker just over the last month or so IPO You know pop and drop and Obviously today making a nice pushback up here So, you know what I'll put this on our list just be really careful because not only as a new IPO But it seems like a stock that doesn't really trade a whole lot of volume on a day-to-day basis Very inconsistent volume per day 11 million one day 2 million 898 thousand the next day after that and it's all over the place So I feel like the volume could die off on this type of trade rather quickly I mean the volume bar is here just keep an eye on but yeah good call for right now We'll see if this ends up making a better move Grant said ALF moving to 1175 1375, but yeah, no pushing back up a bit I don't know I feel like this stock already did so much across the day across the last few days and trading 167 million shares today That's a lot for any stock let alone this one I feel like it's just only going to be exhausted if it ends up popping We'll call it out after after we finish up this meeting and see if we can catch it in time from there But you know for right now. I like the the riot the marrow that I DRA. Let's go back to that That's already on our list mind you but this one still looks pretty strong as a nice cheap stock that you could trade a lot of shares of You know you want to see it try and build a support perhaps off of 144 145 first But otherwise, I like this one a lot still all right folks Let me know if there's anything that I missed though up down left right more than 5% From Mitch Connor love seeing Mitch in our YouTube feed. He's asking about Neo NIO down 5 plus percent So another EV stock again and one that I may have briefly mentioned as like a sideless stock Yeah, I mean it was dropping down before to make a new low of the day it broke below 44 and pushed back above it It's down more than 5% so I like to see that all right. I'm a bit of a sucker I like this one a little bit more compared to some of the others that we've talked about thus far So this Neo trade will make the cut a little pricier, but we'll see if this could pin itself back down towards 44 and Then on the same side of that Trading PC solutions joining us here again. Welcome back Asking about Nikola and KLA so whereas Neo is diving off into the afternoon There's Nikola another EV play just on the complete flip side pushing up beautifully. I'll be honest I mean this goes to show why you can't assume But I was assuming when he when trading PC called this out I was like, oh, it's probably gonna be a similar type of drop-off compared to Neo. Oh boy was I wrong? So yeah, beautiful play. I like to stock a lot great call here on the Nikola on the way up All right, cool Actually, this will probably make near the top of the watch list We are very familiar with this trade as well So it's not just the fact that it's at the highs but the stock we do pretty well on on a day-to-day basis, right? All right, folks I think that just about wraps it up a little longer of a meeting here today I didn't have class this afternoon. So I was able to a stretch it So all in all we got two four six eight nine stocks now in our watch list that includes the plug That includes the Neo and Nikola on top All right, folks. So for all of us in social media, I appreciate you sticking with me each and every afternoon If you have yet to have the chance, please make sure to like subscribe notify right on our YouTube channel that being YouTube comm Slash cyber trading you otherwise feel free to join us live inside our trading room Monday to Friday Just go right down to the link on the banner below to get yourself started for all of us They're like Grant and Terry and Norman and Michael and Wendy. I look forward to speaking with you folks very shortly from now I'll talk to you soon. Take care