 All right Sabra traders good morning and welcome on back here this Tuesday October 25th shortly after 9 a.m. Eastern time Of course, this is not Fausto. My name is Josh Levitin Fausto is actually just doing a webinar this morning Interestingly timed at least with when he does normally the morning meeting But great to see Brian great to see Wayne Andrea later Chuck all this inside the live trading room Let me know if you folks can hear me loud and clear I normally do that mic test before I officially hop on here But great to see all this back on social media Facebook live in YouTube. Hopefully I'm good to go across the board folks We have a lot of stuff to talk about here right out the gate a couple of different housekeeping notes this T Sha is still moving up pretty nicely here Perhaps building a higher low right now and ready to make one more pop before the market opens But really briefly we end up finishing up the phase two or we ended up beginning the phase two stock course I should say just yesterday. So for any of our gold silver gold platinum and diamond C2 students here The recordings of those should be up on the student portal at this point But we're gonna continue the live classes the live phase two classes coming up tomorrow tomorrow Wednesday the 26th Same times so that being 1030 and 3 p.m. Eastern So, you know, we'll say we'll post the link for that in the trading room tomorrow Email, etc. But today's Tuesday though and and the reason why we don't have class today officially is because today being Tuesday Is for trader stocks. So for all this inside the live trading room Whether you're a student or trial member or just you know regular member of the the trading room at least Now you folks have access to our weekly trader stock workshop That's being that that being today at 11 o'clock Eastern So if you have any trading related questions, I had a couple sent over even from last week I didn't have a chance to get through so you know for Wendy and all this just here live If you have any questions feel free to send it over to my email address Josh at C2 trading comm and same to be said for any Trial members joining us right now, you know If it's your first day or if you're just joining us for this week And if you have any specific questions in regards to you know, whether it be our you know Watch lists anything on the screen that you're seeing level three level four as we intermittently show it You know, let me know send over a quick email and you know Hey, if you wanted to join us for that on social media Facebook live YouTube Just go right down to the link on the blue banner below right there the stream You could just sign up for a small trial you could begin today or at any point All these workshops that we conduct are all recorded to so you could actually access all the past weeks Archived recordings. All right, so with that though TSHA. I mean hey prior to 8 a.m Not a whole lot was moving too well like there wasn't really a lot looking great I wasn't really too interested with much even a couple on the watch list I was like forcing myself to put on so TSHA was one of those to a degree. It was kind of coiling up not doing a whole lot at first But that leads me to say that when there's like utterly nothing out there and then the in the pre market or in the morning Or in any trading session it makes you scan more and I Specifically wrote that in the chat board because it was so quiet Like I want to make conversation in the chat make things lively But if I don't have a good market to work with it's kind of hard to do that, right? So I specifically wrote that at 8.04 in the morning. I said I haven't seen a whole lot this morning That that that is interesting That's had that plenty of time or plenty of time left, but just scanning right now All right, well that leads me to say I'm not just scanning the gainers and losers lists But I'm keeping more of an eye on a couple that may be beginning to perk up. So TSHA We were solely focused on this by the time it was moving up towards the VWAP price again You know if you had joined me yesterday in the phase 2 live class and you know You'll watch that on the on the recording if not But you know we were talking about the VWAP the volume weighted average price and that was roughly off 210 211 And it was holding underneath that for a little bit and going into 830 ended up Rebreaking above the VWAP here and led to a nice clean I don't want to drop the e-word on this just yet, but it was nice and clean Simple move right good spread good liquidity on level 3 and level 4 otherwise and you know makes it just tradable So every trade begins with the entry the VWAP we talked about that just in class yesterday So if you were there in phase 2 you should realize that was resistance That was holding pretty nicely as a top at first and once it broke it here led to a really nice clean run Right now like I'd said it's beginning to build a higher low for right now The question is do we get the higher high? There's a couple of orders out there on the ask at like 245 248 250 so you know even if it does break technically higher from from here I don't know how much more it's gonna look to squeeze up You know you do have a couple of icebergs at the up top there So I'll start off by putting this on our watch list at watch list at least here You know let's go from top to bottom. There's a couple of others that we ended up catching They're more in the loser side the ones from yesterday like the KSPN We'll talk about those pretty briefly, but for right now. Let's just kind of scan and build up our watch list I want to see if anything ended up making a pop off like the 9 o'clock move There's a couple of different times moves between program trading and more so just when companies release news and you know that being at Like 6 30 in the morning 7 o'clock 8 o'clock 9 o'clock Sometimes in between an 8 30 there, but no, we'll see if anything just recently popped after 9 o'clock right now It's not popping but Weber we also had this on our pre-market watch list mind you But the liquidity really didn't check out too nicely and it was flat for a long time prior to 8 o'clock and after for a little Bit so I saw it begin to move up But I didn't even call this one out inside the chat board just being very truthful with that I wasn't a fan of the liquidity so you know it's pushing on up a bit Hopefully the order book fills in a lot more after the open so for right now. We'll keep it on our list It's hard to fight that trend The same to be said on the RLX not as much on the liquidity side, but just it being flat Prior to 8 o'clock no real move up after so this was kind of disappointing The mob trade we had called out off the pop and unfortunately this I'll bring up level 4 right now just to show I may have even deleted it just from my screen. So give me a quick sec a second here I'll pull it back up But on the mob trade this is pretty interesting goes to show that you know Just because the stock was starting to pop doesn't mean it's gonna continue and in the case of this We ended up seeing a huge iceberg order pop-up shortly afterwards right here at 183 So we took our eyes off this trade even even from that point as it started to make the higher high It ended up pulling back and we ended up seeing it just start to hold support before it ended up making this violent shake back Down and as soon as it did that like instantaneously We ended up seeing this big order pop-up for about like 20 25,000 shares over time it grew to be So at that point we took our eyes off the straight it actually ended up making a move back up It looks like it ended up filling that order and false breaking it essentially You know if I was watching this at the time just to be very truthful with you I wouldn't be interested in this break I would want to give it a lot of different tests and times So perhaps if it had the chance to hold VWAP his support and you know push back Maybe but obviously it didn't do that ended up just beginning to snap back down So just wanted to show that they're kind of interesting case of seeing an iceberg order pop-up shortly after the Drop-off, but yeah mob right now not doing anything. So we'll keep it going. We'll keep it moving See what else we got here. This is logitech. Yeah, logitech like the You know headset Headphone device company. I'm losing track of like what they really are You know, they're more of like just like a tech company, right? They make all these like audio video products I believe so with that. I mean they're making a nice little push-up right now Little spotty though little spotty chart order book pretty thin for a forty nine fifty dollar stock I don't really find it much worth it Right now. I mean it's pushing up hard to fight the trend like I said on Weber But Weber's a lot cheaper. So if we're comparing the two, I mean they're not in the same business But in the sense of liquidity and trends, this looks a lot better It's CG see my scanners just refreshed on me there just one second See canopy growth CG see pot stock up over five percent right now, but even this I Didn't call this out in the chat earlier, but I did catch it prior to eight o'clock It was beginning to make a small move but ended up dying off and really flattened out after so this could be a stock I'm more like drawn into because we're familiar with trading the stock It's like you know could be a potential, you know teaser and see if it's a teaser. It's roping me in right? So we're familiar with this stock. We'll check out to Ray pretty quickly, but Tori's doing jack right now not doing anything MJ pot stock ETF is not doing anything right now either. So it's not really a sector-based move It's more just like maybe CG see coming out with earnings or like, you know news of its own I'll check it out briefly Go to Benzinga pro for right now. Just check to see the news on CG see All right, let's see what we got here right now Can it be growth announces plan to convert common stock holding? All right, that's it I guess just doing a little conversion of common stock offering a little move up at first But it's gone flat since so that actually doesn't make me as drawn to it We'll focus on others see if there's anything looking better Not gonna rope me in today, and if it ends up popping then we'll get roped into it I want to see a little bit more out of this trade actually T com Trip comm will gap up and you know a little drop-off after That's pretty much it though not a whole lot showing on the gainer side folks Let's hop over to the losers see if there's anything looking just as good if not better There's one from yesterday that Pull up if it looks good. What was that TC DA one that was down like 94% Xerox down big shortable within the price range Hopefully the order book fills in more on the stocks, so I don't mind giving this a look on the short side You know just wait for the order book to fill in more wait for you know The market to open up obviously first and wait to see if this ends up filling a lot more if so good If not then I would honestly move on to something else That could be CLF CLF we had on our pre-market watch list who was showing great direction early in pre-market It was liquid enough and you know I guess since it went flat at first But recently ended up just breaking back below 14 and led to a new drop So a nice nice short and continued move on CLF There's a Bill I hopefully he's doing well. I know he's recovering still I think from this point But you know CLF one of his favorite stocks, so hopefully he's in that on the short side Also quick shout out to Michael D one of our longtime students I believe I think he has a little eye procedure going on this morning, so he's not gonna be in the trading room So I want to wish him well. I just wanted to mention that at least so let's see what else we got here in the meantime folks CLF will put on our list is Xerox not as much SBSW not a whole lot happening there dropped off at first it is shortable, but Let's see what else we have GLW And I just about do it. We're dipping below 5% category now There could be a name brand the sideless stock that looks really good folks I mean we had great direction within the market yesterday So, you know we could definitely check out a few that you know could look to make a nice push You know I love Neo or I have in the past. I mean it's pushing up a little bit here I didn't mark my chart for Neo for Neo today. I ended up mapping out Mara not on a swing trade basis Maybe but you know initially it's gonna start off as a day trade So, you know, I just mapped this out as a day trade. I ended up swinging JD overnight from yesterday So that's moved up pretty nicely since a nice gap up at least to begin I'll probably look to exit that just shortly after the open just to yank profits I don't really have like a you know real materialized game plan aside from 38 There might be a little resistance above 38 from the long-term fib I set up from yesterday So I'm just gonna take profits here really soon, but that ended up working out pretty well the swing trade on on JD I'd mentioned that in the chat board yesterday Lee saying Weber is a buyout offer. Oh, all right. Is it a real buyout or is it a rumored buyout? Oh Yeah, wow Weber shares trading higher after BDT capital Offered to acquire all outstanding shares for 625 per share in cash So I don't know if they accepted it. I Mean, I guess for now keep it on our list But if it gets even flatter than what it's doing now and just move on from it Then take it off the list then at this point or at that point Brian says CGC will no longer wait until federal legalization of buy three US cannabis companies and Opportunities to benefit from strong growth in state-by-state cannabis sales. All right. Well, that sounds pretty interesting You know if that's the reason as to why it ended up moving up early this morning Then perhaps that could lead to a continued pop but for right now. I'm not fully sold on it Direction on it doesn't seem to be that great That's all right, we don't need to force anything on our watch list watch lists folks So otherwise, I mean mob is trying to eat back up a little bit But we were thrown thrown off by that one early on so not gonna put that back on just yet The RLX I guess I'll jump back to that one's like I think trying to oh my god You can't even say trying I mean sometimes Benzinga will tell me a stock is moving up But this is not necessarily moving up, right? This is like I Don't even know it's like just like complete flat. It's like watching the grass grow right? So if it ends up popping after the open, I'm sure we'll call it out It's up over thirteen percent and it's a cheapy So if more eyes can get drawn to this trade perhaps this could have another pop to it, but The more time we spend watching this then the less time we have capitalizing on stocks that are actually trending and making any sort of Respectable move right? All right, so folks. I think that we're gonna call it right now We only have four stocks on our main morning watch list. Let me know if there's anything else that looks really good that I may have missed Brian says Neo may be worth watching today keyword. Maybe Maybe If it ends up popping, I'll I'll likely look at it, but I told you I didn't even chart the trade Neo yet today All right, so folks again, keep in mind phase two We're gonna continue continue the phase two stock course tomorrow not today, but tomorrow today We have our traders talk workshop conducted live inside the cyber group room So if you're a trial member a member or a full-fledged student, just keep in mind that we normally conclude our Morning audio broadcast here at 10 30 Eastern time I'm gonna jump on to a coaching call it's one of our students And then I'm gonna jump back on the mic here at 11 o'clock Eastern time for traders talk So all you need to do is just be inside the live trading room Just be logged in right now as you are and we'll begin at 11 o'clock Any questions that you have feel more than free to send over via email josh at C2 trading calm again I already got some questions that came in from Mark and Wendy. So I'll keep them coming in folks You know first come first answer, right? So folks keep in mind again for all of us in social media if you book live YouTube If you wanted to join us inside our live trading room Just go right down to the link on the blue banner below the extreme just to get started if you have any questions I'm not gonna answer them inside our weekly workshop if you're not gonna join us But feel more than free to email me separately on top Josh at C2 trading calm Any questions or comments or thoughts that you have definitely let me know I'll be more than happy to answer after the market closes later on today All right folks for all of us. Otherwise, I look forward to talking to you coming up at the opening bell Gotta get into water bottle. I'll talk to you folks soon. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge for just $9 do it