 All right separate traders welcome on back here this Monday June 26th shortly after 2 30 p.m. Eastern time Got a quiet crowd here for us right now But time to wake on upgrade to see Roger still with us here bill and later just now checking in loud and clear from her So that means I got all of us here if I got one of us I got all of us so that said welcome on back folks and hey if you're joining us back on social media Facebook live linked in Twitter YouTube the works welcome on back at the same time Let's talk about here this afternoon folks wrapping up the phase 2 stock course later on this afternoon at 305 Eastern time coming up So I look forward to that we'll be talking about charting the market Charting the stock market as a whole you know an index like the S&P the Dow the Nasdaq or an ETF Let's say like the Q's or the spy so looking forward to it here folks You know just before I was saying I mean for the most part this the spy was kind of going nowhere But if it's not gonna make a strong bounce back up given that it was dropping off from earlier Then I'd say at that point the probability of it dropping towards the lows heading into the meeting increased And that's exactly what happened right haven't broken lower just yet But still kind of making those lower highs dipping back down making those lower highs and back So we'll see if we end up getting support to hold or if we get the break of support That's pretty much what we're looking for there now at least what's on the screen right now VCI G Actually, a lot of us should be pretty familiar with this trade from last week This guy like a crazy daily chart here take a look stock ends up making a big pop for us back in early May We took advantage of it back then from three up to like nearly 25 was on very late volume at that point You can call it a short squeeze if the stock was dropping off for a long time before that Otherwise you could just call it a new IPO, which is what it apparently seems to be So a new IPO will broke all-time highs same result ended up just dumping right back down So from there what happens while we were trading it more so from last week, but here's the interesting part I was just trying to line up some historical levels that we spoke about earlier in class Just talking about historical charting and you know squeezes and bounces. So 786 was a big level. That was the high back from May 3rd. All right. Well here 784 the high from Thursday last week today 775 not perfectly in line with that 8486 right there But pretty close pretty close and for the meantime the more knocks its head on that So to say resistance we'd be led to believe it's gonna make a stronger reaction. So for the afternoon It's up decent amount the order book just looks terrible And that's pretty much the theme for today a lot of these stocks that ran from earlier are already finished up They already done back down. Otherwise a trade like this, although it's still kind of pushing up here It's very rugged looking at the one-minute chart a little trend off the lows, but You know, we're not trying to buy and hold across the entire day We're just trying to take breakouts or bounces and then to see more concise direction So I wish this was just more liquid if anything I'm actually just gonna put this on the side list for right now Maybe by the end of it all put this on the main watch list Actually, I'll jump to another stack on our proverbial side list here that we may end up actually putting on our main list Even though it's down more than 5% and trying to squeeze up here Mara ended up making a good little move from earlier this morning But but ended up breaking below support off 1250 there were two key levels heading into the day today for Mara 1271 closing bell print from Friday last week and then 1250 which was a big selling level I was hoping to see that get flipped into support But ended up seeing it break break break and then from there ended up collapsing through that 1250 and broke much lower So yeah, I mean ended up dropping down But as since made a small little bounce here ended up breaking under and over another support line I drew here 1172 there For the most part myself Roger chatting that up earlier in the trading room earlier there So for right now, I don't mind even putting Mara on the main list given that it's a lot more Liquid it's a lot easier of a stock to try and focus on No, perhaps if crypto stronger than the market when we get a collective bounce across the S&P then perhaps this could be an even better push So it's more speculative, but it's tradable All right, let's go from top to bottom right now seeing if there's anything else looking good though I mean looking better than this at the highs that has similar type of liquidity That's ideally what you'd want to follow at this time of the day Right away looking at this thing and move on from meds ended up popping and dropping this thing needs some meds right now MLTX whatever meds that needs this needs triple. So yeah MLTX ended up popping and dropping earlier That's a done deal already. We knew that at this point SLR and a little pop and drop earlier, but trying to recover here. I reckon right Order book isn't Terrible, it's not the worst I've ever seen I wish the size was a little bit bigger here to see if there's actual support coming in I'm gonna put it to the sideless though SLRN Stock free looks like it's been a mess across the mid-to-late morning since and called it out in pre-market made a small pop after the open But again just kind of flat afterwards Again better better flat than tanking right and it has a very good order book at that point So, you know what? I like this free trade. Hopefully ends up making the better pop Hopefully freeze itself from this resistance and full of puns this afternoon here as you could tell All right. Oh, RIC Ended up making a nice little run up here across the afternoon No, it's at the highs Spreads not I mean it's opening up a little bit. So it's it's out there, but not terrible Yes, it's like a huge hit from 40 plus all the way down Dropped over 90 percent over time and you know, you can call this a short squeeze in in the making here I'll put this on our main watch list for right now. Hopefully more volume joins the order book soon enough Probably has a really low float though Be careful of that if it head fakes PLT looks like a beautiful pennant here lower highs higher lows that is a perfect pennant pattern Doesn't always leave me. I think it's gonna break higher though So for right now again just on the side list. It's only trading about about a thousand or fifteen hundred shares per minute That's very little. So that's kind of like the point that I'm gonna move away from this trade on All right. Well, if that's the case an ILPT stock took a huge hit back from last year even from the end of 21 to now and Good order book. It's at the highs. It's not crazy. It's not moving to 50 cents a clip So, you know what? Yeah, that's the difference between two different trades there. This one not too bad. I like this one Let me keep it going. All right now We got ourselves a little list here a little list here and now EOS EOS See this stock we've done pretty well on it If it wasn't from the end of May then it was beginning June So yeah, this one in the past on and off even from before that time as well So we at least are familiar with this stock It's kind of like under the radar at times for any of our students like Leda and Michael if you ever see like You know blue BLUE make the gainers or losers list. That's kind of how I relate this EOS stock, too They're not related No, those two directly but in terms of price liquidity Sneaks up on you every now and then the stock. It's been a nice sideless play here at that It's not an everyday play But if it just shows good enough volume at a certain time of the day like pre-market or right now Then it's something we want to follow big iceberg order on the ask at the high here about a hundred ten thousand at four twenty All right, there we go. Good list here so far. I like it and that's all at the market kind of slumping off here, too Isn't it? So you ended pop from earlier today. It's looking pretty dull right now So move on from this trade, but you got another night another nice day for this stock Carol saying CCL is moving which yeah CCL did I bring up during the meeting or no Did I bring this one up yet or not or calling it out all throughout the day morning into the afternoon So, you know just before we were talking about it But if I didn't bring it up just during this meeting here at least great heads up once again from Carol And it's on the loser side, but it's been a phenomenal trade all around short Then the bounce off of 14 pushing up about 42 cents since if I'm putting Mara on our main list It's hard to not put CCL on there, right? CCL coming off earnings this morning, right? So that's the news with a carnival All right, so let's hop over to the loser side coming up in just a bit as you wrap up the gainer side first FNGR All right, let's hop over to the loser's list here See if there's anything looking just as good that F gen kept dropping, huh? You could say the same with AVTX both of these were down huge in the market or a huge in pre-market heading into the open and You'd look for any sort of dead cat bounce on them I was anticipating F gen of the two to be the stronger of the bounces ended up making a subtle little pop at first But then very quick pull back. So yeah, F gen is still short of all in trade stations platform folks You could try and short this year at this stage. I think that this could be at all-time lows as well if I'm not mistaken Which I'm not I don't think I am so all-time lows for F gen Technically has a small little more to go to get to the bottom floor to get you know that much closer to zero So there's still a little room to try and short it But hey if it fails to break lower if it makes the head fake and you know squeezes back above a big level then Perhaps at that point with how much it's already down percentage wise then in that case you could look for that dead cat bounce one last time But so far it hasn't really seemed like it's wanted to bounce, right? Right so stick with your levels first and then you know, hey if it pops above resistance All right, then there's a chance All right, so Mara holding under 12 folks and really I'm not just saying this to say this Maybe there could be one down here, but normally there is not a whole lot otherwise on the loser's side here a bunch of stuff hard to borrow Low volume too cheap The fact that we had these two down over 80 percent to begin is pretty interesting But everything else here looking like a no-name type of stock VKTX VKTX having checked in on this one probably in a week or two stock broke all-time highs that thing recently But then it pulled back Wow really strong top at 26 and then the pullback from there down big today It's just that the lows a moment ago started to make a subtle dead cat bounce It could be a good sideless stock. I'll write it down for the side list at least All right, so folks. What do you got for me anything else looking good up down left right more than 5% here We got our fees to stock horse class concluding today at 305 Eastern Current time now 241 so making pretty good use of time, but let me know if there's anything else that we had missed I'm gonna just check in on the side list stocks before we wrap up VCIG not looking good SLRM you could Kind of say the same here, you know, it popped up earlier, but now really flat PLT we don't have a Overwhelmingly big list if this ends up pushing up that could be a viable trade But for right now, I feel like the pennant with the declining volume will see a bit of a drop first if anything But just watch out for the trend off the highs on this if it could pop that trend off the highs The lower highs trend that it has then there's a chance for this to really go So I'll slip it on there at the end the back ends here PLT All right, so perfect Hey for Jason John Leda and Kathleen Roger Grant Bill and all of a sudden why say best of luck trading going into the clothes If you're not joining me But hey, otherwise I look forward to seeing all of us in class and for all of us on social media right now I always like to post my email here at the end streams Josh at c2train.com any questions or trades that you'd want to go Over with me on the side feel more than free to shoot me over a quick email We always have new members joining us on social on like YouTube then eventually join us as a trial member here inside Our live trading room. So if you wanted to make the plunge join us inside our live trading room Rich will be continuing the audio commentary from 3 to 4 p.m Just go right down to the link on the green banner below the stream right there on the bottom to get yourself set up to Get yourself started you got to learn before you could earn folk folks So with that in mind best of luck trading once again heading into the close today. Take care