 All right, cyber traders good afternoon and welcome on back here this Monday July 11th shortly after 2 30 p.m Eastern time welcome on back here for our afternoon meeting great to see Leda Steve Norman and the likes of all of us here inside The cyber group room great to see you all great to so great to see us all back on social media Facebook live or YouTube here You know markets beginning to pull back down things were looking all right at least heading into the you know Mid-afternoon just after like one o'clock the spy started to make a nice little squeeze back up then You know, it was like really flat after 10 10 30 ish and then you know right now beginning to take a dip back down So there's actually a couple of good short opportunities that we were calling out recently just before the meeting started on Shopify and Neo But there's a couple of things making a nice move up right now right so to begin the kspn at least on the screen It's up. God knows how much percent already right up over a hundred eighty two three percent and counting So this right away we'll put on our watch list. It's still very active at this point It's certainly much closer to the highs compared to its lows compared to any other stock that we're really looking at right now I'd say aside from MREO right, but kspn here at least it's still holding pretty strong All right, maybe not for long, but that's what I said be careful So right now it seems like we know where resistance is or was from earlier I was gonna say 715-720 was pretty strong resistance at least going into 2 o'clock But yeah just held there pretty nicely and had a massive shake back down So I know a couple of us were just in and out on that trade a moment ago Robert just got out right now. He was in from 689 got out at 719 right before the shake smart move Now Robert is more of a scalper, right? He'll take several trades across the day And some like decent for like, you know 30 cents 50 cents But you know his intent is at least to like get to a certain point profitable and just get out get in get out quick So you'll see him take a lot of trades post them in the room But you know, that's his goal for the most part So he got out right in the right in the nick of time right at the right price right right at the right time nasty shake after so Unfortunately, this might be the turning point for this thing Let's watch support going into this meeting right around that 625 ish 620 ish area That you happen to see there on the five-minute chart I was also going to say given how much this stock popped and then dumped off going back into the beginning of last year in 21 you could see on the daily chart, you know We've been seeing this so frequently lately where you know for these stocks that make these like big drop-offs over a period of time You know whatever news came out on the stock It's just to say like you know if this can make a fraction of the type of squeeze It made back in the beginning of last year, then that's that's a home run That's exactly what we would want to look for here. And it's already doing that already did that So, you know, we're gonna put this on our list still At some point you knew that you know This is gonna make a bit of a shake back down whether it be right here Whether it be at 315 in the afternoon whether it be at 345 in the afternoon or close to the you know market close So Kspn hopefully this picks back up But we'll you know see where this is at at the end of this meeting We'll put this on our list to at least begin Now with that in mind we are continuing the phase one stock course leader on this afternoon right at 305 Eastern time It's like you're listening to me rich He is of course I appreciate him doing that very very timely for that matter post the link right in the chat board right there for all This like Norman and Robert and Brian etc. If you're looking to join the phase of phase one stock course class You know just later on coming up in the next 15 20 minutes Make sure that you click the link. We'll begin that class officially right at 305 All right, so of course Kspn on our list to begin hopefully that picks back up But the PLRX was really the star of the morning right this thing was you know a huge runner in pre-market Leading into the open and it's to say though They know hey for this stock to make the run that it made you definitely want to be more cautious than anything at the market Open and wait to see you know what happens if this makes a big drop-off and pull back That's actually expected given how much this was up leading into the open Well, this ended up making a huge pop right out the gate obviously right ended up getting halted within the first couple of minutes So I really want to take the time to go over something like this in tomorrow's traders talk workshop No more so like how to react to a stock that makes a very unexpected move after the open You know and I say that from my point of view But that's the point of view that we kind of preach here for a stock That's up as much as PLRX was leading into the open You know just to say you would expect a little sell-off little profit-taking and then perhaps the big slingshot the big pop after So how do you react to that? Once it does the unexpected once it actually makes a huge pop right away and throws you off So we'll talk more about that from a to z inside our traders talk workshop tomorrow But yeah, this thing ended up making a huge run up afterwards ended up pulling back then running back up pretty nicely But for right now, I mean hey, it's still like Active it's shaking around a bit, but in the grand scheme of things It's already made its big move on the day unless if this really explodes by the time the meeting ends here Then I'm not going to be too interested in it. You know what I mean? LJPC this thing is a buyout. We're gonna skip over this for right now. I doubt that's making a move if it is I'll be shocked Let's keep it going though. Otherwise, so markets like dropping off a little bit here off the last peak So, you know, we'll go across both sides. I don't know, you know, if there's anything in particular from our side list That's down big Actually, that's a lie. That's that's that's a lie. I'm sorry How could I forget about my neo right neo is actually down over 8% near 9% right now So that is one that is on our side list that is actually down a decent amount Dwhack and fun were on the morning watch list at least to begin, but they're both duds You know neither really made a great move unfortunately TblT same thing. This just kept us like, you know, just teased up until 10 15 10 30 Eastern when we started class It ended up, you know, trying to make that break over the opening print one more time like right off of 272 Then from there ended up failing to break higher a tanked and then obviously from that point You know, I'm not too interested in in it here If it suddenly makes a giant squeeze off 250 then again seem to be said here as I just said before in the You know PLRX All right, so MREO MREO, I'd called out right before the meeting started here So, you know at the time it was pushing up pretty nicely, right treating 2.1 million shares at the time I called it out. It was trading about like, you know, nine ten thousand shares a minute If you wait too long Right So this was looking good at the time I called it out Right ended up making nice little squeeze off 150 Even if it pulled back at the time from when I'd called it out Then you'd look for 150 to be a cleaner support level So it actually did a pretty decent job just lifting right on up But you know for right now though I wouldn't be surprised if it does make that pull back closer to 150 before a potential squeeze up higher It does have an order on the S that Norman called out at 159 for about 32,000 shares Yeah, I mean that for right now that I would definitely expect to be resistance It peaked at 160 then on the pullback that order came in So, you know, I would definitely look for that pullback here on the MREO trade But just more of a level one stock, right? It's it does not hurt us to put this on our watch list at this point Might not hurt us to put Viru on our watch list at this point ended up making a nice squeeze up early this morning Ended up, you know dropping off held under and over from 14 and then made a nice gradual trend back up So easily enough, I'll put this back on our list. Just peep the daily chart This thing is getting pretty close to breaking above some, you know historical resistance back from April May June So for the last several months has been kind of holding right around this range year around 1550 16 ish So if it breaks that I mean geez I mean, we know this thing ended up running back from the end of 2020 into 21 when we first started following this trade So, you know, you would have to go back there to see where the next you know, big historical level is But more importantly, we would have to look at level 4 book map or level 3 if you have it Otherwise, you know, we're teaching that more this week and next week than anything in the classes So, you know, we'll be digging more so into level 2 today and more level 3 over the next few classes So Viru here will put on our watch list either way in hopes of this making a new run up here into the close See what else we got here and got OCFT. It's like up like near 7% It's actually at the highs of the day, right? It's like kind of right there The stock we ended up trading from last week. That's why I clicked on it at least here before jumping over to loser side This thing ended up making like a weird little push-up at the time So I wanted to see similar to the Viru to get break above those, you know resistance levels above those highs So I'm just gonna shoot from the hip here and say 220 223 223 being the close here back from the 6th Yeah, I'd say that would be pretty strong. I mean, that's It's not weekly close or any of that, but you know 223 I mean, that's a daily close and then the next day closed. I think same price 24 It's there right now So I would look for a pretty strong push on this trade now the issue on this stock Norman issue on this stock It's only trading about 3000 shares a minute. That's not really a whole lot for what I want to look for and at this point So that's where I was thinking MREO is trading more volume per minute. It was like, you know, 10 11,000 So that's like, you know, at least what makes the difference in what I look for in a call out If that's like kind of you know, how you're picking my brain So this right now, I mean, hey if it ends up making a push-up more volume getting filled and I'll be interested All right, let's hop on over to the loser side right now that MREO is looking actually really nice at 162 right now currently Hopefully anyone's in that trade for like, you know, four cents five six cents already. You don't want to chase it Bli took a huge hit here today. It is shortable. It's at the lows But really flat not a whole lot happening right now over the last like several hours. So I'll pass on it DOC and I was gonna say docusigned but digital ocean holdings ended up dropping off earlier today This thing is down big. I mean it's starting to make a nice little dead cat bounce right now as we speak FSL why fast fly we followed this one in the past two. I just looking a little lackluster right now From my liking it's only trading about like five fifty five hundred shares a minute You've seen better Peloton how about Peloton here? Peloton all right. This is at the lows. It's a little slow right now But you know, it's hovering over big support off of nine dollars. I would assume that's all time All right, so give me a quick sec So all-time low is back from like a week or two ago here from like 873 874 If it doesn't break it today, I'm just saying it's still very interesting of a trade to follow Especially if the markets continue to stumble off here into the after afternoon. So the Peloton trade I don't mind just putting on our list here. It'll be a little slow of a move not not expecting like a giant fast You know 40 to 50 cent drop-off in like five ten minutes if I get it God bless But you know if this ends up, you know, just breaking below support at nine That's the first step here Just got to skim up here on the loser on the loser side See if there's any other familiar names that look good laser maybe tal maybe but I feel like tal's gonna be too Slow of a short. All right, let's go over go over some of the sideless stocks here And then if there's anything else perhaps making like a big you know run up, you know by any chance Let me know Definitely not impossible today AMC was going up pretty nicely before Moving with the S&P to a great level topped off right the same time as the S&P did in the spy You know pulled back pretty gradually so nothing too special about this trade at this point But we were calling it out from earlier today the AMC trade going up I've been Neo trade this thing is just flat as can be it was down big early earlier today We're calling it out right out the gate this morning like I told you Unfortunately, I did not get the trade. I personally want it So I wish I could tell you I jumped in short right away and ran it down I ended up getting a short leader on off of 21 by still left some money on the table But just to say this stock was pretty nice earlier today right now. I Don't know you tell me I'm just goes to show I'm not gonna you know fall in love with the stock here, right? You know, you know, I follow Neo to a day-to-day basis. I do all right on it day-to-day But this is not looking too good in either direction up or down All right, so let's see folks anything else that's looking good here on the percent gainers or losers list From trader K says sky K worth watching or worth having on a chart watching the level 3 I think they're saying all right, so let's say Yeah, it's up like 30 31% so that right away peaks my interest a bit. It's just got a thin book Nothing truly standing out there Maybe a strong blast over the VWAP, but I don't like the five-minute bar that we saw here where it ended up blasting over Three then it made a really big shake back down that leads me to think it's just gonna kind of stumble into the close And if it does if it does pop then I would expect three to be resistance Maybe 305 on a false breakout then for it to slam back down But I'm not gonna put this on our list just yet the order books a little too thin for my liking if it was more liquid then I'd definitely give it a look just given how much it's up percentage wise, but If there's no big money to follow and if we were if our whole MO is to follow the big money It's kind of tough, right and try like that's what I say to myself Like seriously when I'm trading I'm like, all right Well, this book maps hard to read or this order book is hard to read and like all right Well, shouldn't I be following something like that's easy for me to make money on so that's all All right, folks, I think that just about does it Px. Oh, no, that one's not even trading enough volume Let me just sip my sip my Benzinga Pro here a scanner just for a quick moment. Just got to filter it out really briefly Fun veeru TBLT none of these really make a good move right now latest says suppose O-R-M-P going anywhere. All right that one at the end. We'll see This one looking a little bit more liquid at least on the order book. It is pushing up pretty nicely You would really want to see the volume continue at least from over the last like two three minutes If it continues to wane down like it was off the last spike that we had then I'd only expect for this to dump off But I mean it's you know making a nice little move. I'll keep it on our side list for right now It's not up or down a whole lot percentage wise That's like, you know one of the things that I want to follow something that's up more down more where there's More eyeballs on that stock or if it's trading just a lot of volume across the whole day You know one of the top volume trades just you know, that's something that you would see a lot more people look to scan for So that's where we base it off of you know, this could just be a great sideless stock tradable Also, it's shortable. So if it ends up crapping out going the complete other way just saying that could be a pretty interesting trade then, right? All right, so folks I'll tell you I think that I like the list as is we got four stocks on there the kspn the veeru Mreo and pton those four at least to begin And hey, you know we got plenty of time So let's start this list for right now then at like three o'clock or even like 255 ish in about like eight or so minutes You know if there's anything else that looks pretty good Then we'll look to re-scan the market at that point rich will jump on the mic You know from three to four for those of us not joining me in class and then you know We'll see if there's anything else moving with the market perhaps at that point going forward All right for all of a sudden Facebook live YouTube How about this if you wanted to join our live trading room for tomorrow's? Exclusive workshop traders talk that's our weekly live Q&A that we host every week inside the live trading room I say that now more than ever because we came off our morning class earlier today kind of just going over the basics as a newly On-boarded enrolled student just to say you know every Tuesday We do our live traders talk workshop inside the cyber group room So of course that goes for all of us, you know there in the room right now all of our members and students alike If you can hear my beautiful voice then That traders talk for tomorrow. So any questions that you have send over via email Josh at C2 trading calm But even more so now than ever that goes for all of a sudden social media If you wanted to join for tomorrow's workshop Just go right down to the link on the yellow banner below to sign up But any questions that you have any trading related questions that you have about our callouts icebergs level four send it over Josh C2 trading calm and we'll be sure to break it down all at the top of the hour at 11 o'clock come tomorrow morning All right for all of us in the room right now. Just give me a quick moment I'm gonna post and tweet the pics then we're gonna repost the link for class I'm gonna I'm gonna just click on that link pretty early myself So I'm all squared away with the tech and audio and I look forward to seeing all of us there. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge We're just nine dollars do it today