 All right, ladies and gentlemen welcome on back and good afternoon to all here this Monday afternoon August 30th Shortly after 2 30 p.m. Eastern time and at this time as always welcome on back for our afternoon meeting Great to see all of our students and trial members that like live inside the trading room I believe I'm good to go across there once again But if you're joining us live on social media Facebook live or YouTube welcome on back I shouldn't always say that right because we always have new members joining us on our social feeds either way welcome on So for right now the GSAT trade hey, we've been following the stocks since the crack at dawn, right? Really, you know, we had this on our pre-market watch list, you know going into the open We had a couple on there it was actually very active pre-market and we knew that the volume and momentum for those trades and plenty of others Would die off at some point after the market opens up and normally that some point is around like 10 30 Sometimes a little bit before after Eastern time that is 10 30, you know, but nonetheless I mean a lot of these stocks ended up dying off GSAT GSAT here ended up making a really nice move You know it took a little while to get the gears going But we'll talk about this more in our traders talk workshop The move was right off of two and then really from there actually not just two but 197 so I bring it up that way because I'm in this trade. I've been in this trade It wasn't all perfect though There was one of my first trade on and I took a 3 cent loss and I jumped back in and I actually did double the amount of shares I did from the first time so I was scaling out incrementally throughout the afternoon I still have a thousand shares left So for right now, hey, you know, this looks this looks great right now I said all the time when I do the meeting, you know, just because there's a stock I'm in doesn't mean I'm gonna put it on the list automatically, but I'll tell you I mean Hey, I said in the trading room earlier if the stars could align They don't always but if the stars could align we could see 250 and that was like a number of hours ago That was like going into 12 p.m. Eastern time here So, you know, it popped over to 10 sins and pushed up gradually Hey for right now easy enough just for us to put this on our watch list to start A bunch of chicken scratch here if you heard my papers fumbling around I just want to make sure to clean slate of paper right on there we go All right, so today is Monday. We got crypto at least today That'll be at the end of this meeting for right now though Actually as I'm talking G sat's testing the huge resistance at 240. It's basically a 1 million share order Not only is that resistance but 239 was the opening bell print So I ended up getting out a little bit earlier on the last 1,000 shares I was you know scaling out of but for right now this looks great And I would even say that 240 could be even as even bigger of a resistance compared to 250 ahead So for right now, it's definitely great stock to start our list off with All right, you know what not to be lazy here folks But we'll go from top to bottom no better way really to you know go across the market But you know for anything else that we did trade BBIG of course KPLT of course a and y ATIF We had a really good morning as we'll start from the top So, you know, we'll recap those that we ended up trading and then we'll you know Simultaneously kind of just see what else is out there the AFRM trades just wait too expensive for us to even you fathom as a day Trade so for right now unless if you're trading that on a you know covered call I would look to pass on that for right now BBIG hey this stock ended up making another big move for us took a little while for it to find some support No is bouncing up a little bit after 8 o'clock and going into the open But doesn't mean that it's gonna continue Unfortunately the wheels died off on this trade at least you know going into 10 o'clock Eastern it ended up beginning to break lower off of 850 You know, I had a couple of levels here actually and one of them you could see 775 the stock had halted on the way down And normally when a stock gets halted on the way down I say it all the time here at least you know It's game over it's a wrap So it's to say that given how volatile this stock was from Friday and then heading into the pre-market this morning It's not fully a wrap. It's not fully, you know game over, but it's to say that you know for the most part I'm not expecting a giant squeeze all the way back up You know if it ends up doing that here going into the final hour final hour will obviously call it out But there were a couple of points where this ended up making some big moves It broke down below 8 and like I'd said at the opening halt print on this trade was right off 775 So you could see how well 8 and now 775 are holding well as resistance But I got to say a huge missed opportunity personally for me I was like off by a fraction of a minute will say not by a second but fraction of a minute I didn't want to chase it But I so scanning throughout the afternoon and then I turned back over to this stock after it popped up It was right from here at first and I thought I missed the move So I wanted to be patient I jumped in when it broke under and back over at a sweet entry But I ended up getting out way too soon. I got out at like 10 or a 725 726 and then it just kept going So, you know, I should have held on to that. That was my big mistake But nonetheless this stock for right now seems kind of washed seems washed up If it ends up making a big pop during this meeting then hey you folks called out to me. That's all All right, so see it also got here the KPLT trade and another big move today At least this stock ended up, you know popping a little bit after the market opened up You know granted its direction leading into the open no surprise that it took a little while for it to consolidate or coil up first So it ended up doing just that ended up kind of bottoming out right around four and then pushed back up nice move They'll have a run back up from like, you know 425 as it popped back above that price And you know ran all the way up towards just about 575 580 You know the stock very tradable still right now It's trading about you know 80 90,000 shares a minute and compare that to the volume that it was trading prior when it Spiking up and even dumping back down as you know people were taking profits or even loading into short positions off the top Potentially it's just to say that you know It's not trading nearly as much volume as it was from earlier And it's still trading about 80 to 90 thousand shares per minute perhaps that that's including the spike But nonetheless it's still a lot of volume right now for this afternoon. So you know what? You know at a minimum I'll put this on our list maybe near the bottom for right now And you know if we build up the list really nicely, we'll see where this stands, but right now this will still be in play A and y stock another one from earlier today ended up making a nice pop once the market opened from seemingly 550 ish And you know took off got halted a couple of times this stock also I don't think on the way down So this was just natural profit-taking and at least you know lack of buying when it fell to break out up Over 750 but you know hey right now pushing right back on up this stock We're very familiar with not just from the last you know week and a half two three weeks here Really, you know this stock came out with news in relation to crypto or Bitcoin mining as well So again, we'll get to you know crypto and Bitcoin and Cardano and I'll introduce one more to you that I jumped in over the weekend With but uh, you know this stock over the years I don't even have my chart set back that far But it's to say that over the many years that I've been here You know I've been here almost seven years now at this point You know this stock I forgot exactly when but for a number of years Let's say anywhere between two to four years at least the stock on and off off of news So it's one that we're familiar with one that has also a lot of liquidity on the order of books So a good push on this a and y I'll put this definitely on our list Fortunately that GSAT trade pulled right back down from that 240. I'm hanging on I'm in from 197 and I scaled out most my position anyway My day today is not nearly as it was from Friday. So unfortunately, I can't say I'm near my all-time best But uh, you know, thankfully, I'm at least in the plus now it took a while for me to actually get there But uh, you know at least for right now, I'm gonna hang on to my position on the GSAT KPL TV talked about It's on our list already kind of near the bottom probably by the end of it all ATIF not gonna be on our list now, but a little pop from earlier today, right? You know short or sharp pop rather big pop but ended up dying off rather fast ended up making a pop and drop Seemingly from 550 and just when you would expect support to hold or hope for support to hold off of five or maybe a little bit underneath Make a higher low no dice so MTL, I don't know what this is dot P MTL separate stock I just dropped my pen damn MTL, I don't know both look pretty spotty right there. I don't know what they are MTL MTL dot P the way I mean they seem like kind of tradable, but there's definitely plenty of other stocks out there. They'll look better SPRT probably won't look better. I just wanted to check in with this thing. This thing's a mess a hot mess Ended up beginning to you know pop at least after the market opened up and failed to make you know Higher highs ended up snapping to make a lower low and then dropped off about five six points Holy smokes this thing's fast. All right. Yeah, so listen unless if you're trying to catch the perfect bottom You'd have to wait a while Probably incur a couple of quick losses in between and but otherwise. Yeah for right now this stock is not worth the time Yes, and MP also a stock that we are kind of familiar with similar to the a and y trade over the months and years We've been following this trade at least but yet ended up diving off going back into the beginning of the month here We are at the end of the month trying to you know, squeeze back up if it was moving a little bit faster Maybe trading more volume per minute. I'd be more interested. It's near the highs, but I don't know if I skipped over ZEV Those pushing up right as I was going from top to bottom there we go We say that often here, but you know this definitely shows you know ZEV. I was wondering where it was I mean familiar name from the last month or so and really just in the trading room We had called the stock out going into the early parts the afternoon It was like you know not off the initial run up It was more when it was beginning to push up here and begin to break higher So since it's been holding strong and you could see here going back. It wasn't a month that go actually Sooner than that more frequent the more earlier than that so to say like you know a couple weeks ago Stock ended up making a big pre-market push popped all the way from 10 up towards 12 They're dumb back down, but the stock is a great day trade at least for us right now heading into the close All right, see what else we got here big five sporting goods. Let's see what else this see this thing was doing What happened there? W key just kind of skimmed through some familiar names or stocks that we've traded in the past former runners at least perhaps You won number 49 This thing was looking all right at first just before but not doing anything since I'll tell you that's just about it for me on the gainer side markets really flat all be it up You know not a whole lot. That's really a familiar name. Otherwise they see on the gainer side Jinko solar here. That's it All right, folks if there's anything up that you see type it in the chat board that's moving well on the way up I'm gonna hop over to the loser side here first Did all right on ASTR actually this stock from earlier today was the top percent loser leading into the open Look at this ended up making a nice dead cap bounce afterwards ended up breaking below nine snap back over nine pushed back up for about 7075 cents. I Mean you could ask for more I reckon but that's kind of being greedy This was a great trade for us here here at least after after the open, you know It's hard to borrow at least from trade stations So you would at a minimum have to check to see if you get if you can get the shares But otherwise there wasn't much of a short opportunity until at least 10 o'clock, you know, the better move was on the way up here All right, the Noro trade what makes the top percent gainers list, you know From our past trading day fraud it of last week ends up making the top percent losers here So unfortunately history proves itself right or repeats itself rather this stock popped up for us going back Into mid-July I was harping on that going into Friday after afternoon saying that this is not a swing trade This is a day trade the stock can make a fraction of the move that it made back You know on July 20th, whenever that was, you know, that would be a huge success. Well, it was Moved on simple as that better stocks to trade today Missed out on XXII short. I don't know what happened here But this you know sunk like a rock here after the market opened up. That's all right I mean again plenty of other stocks out there to trade we are familiar with this one though I mean the stock I mean probably back into spring time or so it ended up making a nice run for us going I mean you can even did that date that going back into the fall of last year But you know really you could see the bigger volume spike days going back into spring That's when we were trading it on the way up on the way down and just a very good stock for us back then So you always want to keep these in mind at least and you know We follow up with these stocks a day to day or week to week right now This isn't really doing much for us right now, but from the morning could have been a great short All right, I see not much else otherwise folks again I'm not being lazy when I say that just typically even more so in the afternoons the loser side here You don't really find as much unless it's down big or easy to borrow Jivo It's easy to borrow. So you look at it quick It's just a little too slow for my blood right now to be honest with you You know, hey, if you're trying to watch a stock move to three cents You know across the next 30 or so minutes It seems to be the type of stock that I'll you know do that for you You know if this was breaking down more right now at this time I'd be more keen to put it on our list as big support would likely be off of six You got a little order here at 605 but more off of six here All right, folks, let me know if there's anything else up down left right more than a 5% as I always say that you Would want me to call out ATR dropped off it did. Yeah, this was a bust after the after the market opened up norm a Couple of opportunities where you would hope for support to build perhaps off of eight Unfortunately, that was very short lived perhaps off of 750. That wasn't really any opportunity at all It's sliced right below that price, but then from there seven seven ended up providing as good opportunity at first But obviously if it's not gonna You know move up higher, there's only one other way it's gonna go. All right, let me know if there's anything else folks Jeff says AMC short of on trade station. Yeah for as much as it pumped up earlier I guess perhaps this is your pullback now. I don't know not really doing much for me You know, hey if you do well on the stock I'm not saying that to Jeff because I know he does well in the stock But you know to other other other folks in our trading room or on social media if you do well on it You know put it on your personal list Michael says tiger in my water bottle see if be here actually TIG are you know, yeah, not up that famous 5% I asked for but obviously really nice day trade today and You know trend up across the morning after 10 a.m. Eastern time, you know stock also We are pretty familiar with so hey, I'll tell you if AMC was looking like this right now And I put AMC on our list this looks all right But the way this is moving up for right for right now at the moving up higher into the afternoon I'll give it a shot tiger and we are familiar with it. So All right for all of us in social media Facebook live YouTube I don't see any comments on YouTube at least that's right normally get all my call out So, you know if hey if there's anything that you folks see let me know and I'm gonna go for another five or so minutes because I'm gonna bring up my Bitcoin chart just to provide some small thoughts and analysis on what's ahead perhaps. All right, so a couple updates number one 49 to 50,000 That's still holding and that's expected So even more now than ever it seems like it's making lower highs Essentially the rounded top that it was beginning to make back a couple weeks ago that I was harping on So, you know for right now if it pulls back it wouldn't shock me if it breaks below the 500 Yeah, may that I have on my hourly chart here It wouldn't shock me. I you know for anyone new joining the social streams first and foremost You know if you're looking to learn more about crypto feel more than free to continue to watch us here on Mondays Wednesdays Fridays At least here in the afternoons, but you know join us live inside our trading room Go right down to the link on the banner below I like to work off a couple of different charts the one hour the six hour So, you know the lines I show are more off the weekly even but it's just to say you know Using my moving average is otherwise if I anticipate a bit of a drop coming up over the next week two weeks Maybe further than maybe you know most of September. That's historically known as a correction month So, you know, I was anticipating back on Friday that we could begin to see this pullback Perhaps as low as around forty four thousand which is the midway point between these two lines I have so a that would match up just you know based on those levels But otherwise that would fall right in line with the 200 EMA on a six hour graph Which should look to hold as a pretty strong level of we're expecting this to move up higher over the next You know four to six weeks after that point So, you know, that's just what I'm expecting if it pulls back great You know that for for those of us not in crypto or Bitcoin yet that are you know hearing me or following your own research And are anticipating on jumping in it's an idea. It's a thought So if it makes that move that could be a great time for you to try and jump in I am well loaded up on everything that I'm in so, you know, one thing really quickly a help bring up is Cardano You know smart contract launching on on Cardano coming up on September 12th. I know that Cardano NFTs are also huge now that's been you know on the rise across the last month I know because I actually bought my first two NFTs just over the last 24 hours So, you know, I'm interested in it and I see a lot of hype on it across the board myself as I'm researching You know the whole thing more myself So hey, I'll keep it post on my little adventure with it all but you know, obviously I'm still very bullish on Cardano if we happen to see Bitcoin drop off though It wouldn't shock me if Cardano continues to pull back maybe drop back down towards 250 or maybe the 500 EMA here on the hourly Right now one thing this is what I did over the weekend and you know, do your own research folks Don't just listen to me, right? And this goes across the board not just on crypto stuff that I'm talking about I'm talking about in terms of everything market where you're risking your money, right? You know, you have to learn from someone out there You know, we offer that primarily with stock trading here at cyber trading University But with crypto with crypto and I'll tell you more folks about this inside the live trading room when I resume the audio commentary 330 when I personally come back on myself I'll give you a couple of little people I follow on Twitter And I ended up getting this from someone on Twitter saying that they're very bullish on this one crypto called Phantom FTM Alright, so I only bring this up because I mean hey, what is Phantom? What's this? What does it do folks? I have no idea, you know, I treated this much like I would a day trade in the sense that I don't care about the news I care about the charting behind it. I care about the momentum behind it And I care, you know, if there are people who, you know Are very experienced and successful in the field if they're if they feel strong about it Then if you followed them in the past and made money then hey Those are all reasons for you to try and jump in anything, right? If you expect anything to move up higher in price in a shorter amount of time Do it now the guy I followed on this He told someone on Twitter that he was expecting this to hit a peak of 10 to $20 price range at the peak of the bull cycle Well when this was at 47 cents, I'm sitting here already making money from his suggestions in the past I'm saying all right. Well, that sounds pretty good to me much like I said to you folks before on the On on the a and y trade the GSAT trade the Nuro If that's if this could make a fraction of the type of move that this guy's expecting then God bless I jumped in at 47 cents. This was Friday night Here we are now at 84 cents it topped off this morning You know when we were talking about stocks and going over trading at like 91 cents So, you know, right place right time I reckon but I bring it up because it just goes to show that you don't need to know what the crypto does about You know the the real news behind it in order to make money on it It's all about momentum volume and then of course just other aspects that give you confidence to take the trade You know just charting and technical analysis, perhaps moving average moving average crossovers like I brought up in the past You know just hearing You know from other traders and investors that that you've done well on, you know listening from in the past as well So, you know, those are all things to think about Mark You says the expected move for Bitcoin is 50,000 for the month of August it already hit 50,000 It already did that but you know, I was going over and you can go back on the past afternoon meetings mark And I said this for everybody But you know the lines I had up there were based off the weekly chart the 49 and 50,000 So even longer term charts like weeklies and monthlies are gonna help even further in determining bitcoins, you know shorter term and longer term moves So wouldn't shock me if we see a bit of a pullback perhaps down to 44 is what I'm saying All right, so folks in the time that I was babbling on about Bitcoin and crypto and phantom now Let me know if there's anything else that you would want me to call out or see here before we wrap up You know one call out here myself. I don't know what the chart looks like until here bit farms BITF just popped up on my Benzinga Pro. That's it. So I'm not gonna put this on our list. It's at the highs But I'm not gonna put it on our list Pretty slow right now B Y F C at the high right now. I'm getting from Benzinga Pro same same deal ALF Same thing edu Education stack and these were up to begin the day and they only continue to push up a little bit after the market opened up You know pulled back, but then it ended up beginning to push from there So you got edu you got TAL which I'll tell you it's not nearly making as good of a move right now as the edu trade And then also got you go to you. This one's pushing up pretty nicely. So, you know what for right now I mean, I'm finding these from Benzinga, but I don't mind slipping at least the edu and the got you Both of those on the watch list for right now. We're familiar with both of those All right, so folks that just about does it for me. I don't see anything else on YouTube I don't see anything else from the cyber group room and that's fine. We're pretty content with this list here It's not too big not too little the shoe just fits all right So for all of us in social media Facebook live YouTube first and foremost, I appreciate you sticking with me each and every Afternoon each and every day across the last few days. I know that Fausta will be will be back in the saddle come tomorrow morning So, you know, I jokingly said it, but hey, if you're sick and tired of hearing my voice Trust me I'm gonna take my seat right back in the afternoons here at 2 30 and Fausta will have his come tomorrow morning at 9 a.m Eastern time, but if you have any questions that you would like to ask me Let me know send over a quick email to my email address Josh at c2 trading calm Otherwise feel more than free to join us live inside our trading room Like I'd said before just but just by going right down to the link on the banner below to get yourself started for all This there right now Michael mark Andrea Bonnie and all of us otherwise just looking at the chat board right now I look forward to speaking with you folks coming up at 3 30 Eastern today I'll be back on the mic taking you going into the market close. Take care