 All right separate traders good afternoon and welcome on back here this Tuesday, October 26 this post traders talk edition As is every Tuesday at least but here of our afternoon meeting great to see all of our students like Felix and Scott Jeff Patrick all of our traders here inside the cybergroup room and of course if you're joining us on social media once again Facebook Live or YouTube welcome on back I'll tell you what I'm running a little bit empty on the water here So I'll try and be efficient with my time and words, but today has gone full tilt this whole day Just kind of went lopsided and I say that in a lot of different ways I mean the market ended up taking a bit of a drop off So that's first but ended up making a nice little bounce at least by 1 p.m. Eastern it really more So I'm talking about the volatility. I mean just out of nowhere the OCG Entrade really was the one that just went all over the place this stock for the good news that came out on it Ended up, you know dropping off going into the open. We talked about this trade to To great detail inside our traders talk workshop that again We took a we did earlier today inside the cybergroup room, but for the most part You know for all the good news that came out on this stock and for the run-up that we had Well, that went to complete waste Skip here in the chat board just simply writes WTF yeah, I agree right coming back to this trade for the first time I'm sure that would be the first thing that one would say right like how the hell did this stock end up at 919 You know practically underneath where it had even closed yesterday This stock ended up making a big pop in the after hours this morning And you know even after the open ended up making a push back up But man out of nowhere just ended up completely dumping off So I'll tell you what I don't think there has been any other news headlines. That's come out But for the most part just recheck. Oh, actually shoot From where we left off. I'll kind of show you here a couple of snippets though We ended up talking about this at least a bit by 1130 1145 It was some news in regards to their vaccine that WHO seeks further clarification From Barrett biotech on covax and I guess that's OCGN's vaccine So just that headline alone ended up leading to a huge circuit breaker halt on this stock again We showed the chart I'll go back to that in a moment, but you could even see here afterwards though an update from WHO Tells Benzinga The technical advisory group expects to receive these clarifications from the manufacturer by the end of this week and aims to Reconvene for the final risk benefit assessment on Wednesday, November 3rd So what that tells us simply is that the stock is going to be pretty damn volatile At least for the next week and a half two weeks This is not the type of stock that you should be swing trading for any reason long or short But nonetheless as a day trade this is like you know traders paradise here So this ended up getting halted on the way down at first and you know what I always say for stocks that get halted on the way down Regardless of the stock or the reason Almost always that's a wrap. That's game over and with the stock being shortable. Well look what happened Only ended up continuing to dive off later on So that could have made for an incredible opportunity as a trader to you know short and for the afternoon right now This thing just still seems to be you know dropping off quite steadily. I mean, you know again We ended up wrapping up our trend line class yesterday and inside the phase one stock course And if I'm not mistaken, this is actually I did it from the five-minute chart here Give me a quick second to redraw this. It's gonna be on the five minute. It will show just as well I'm sure on the on the minute chart, but let's see. I gotta go back to even 12 p.m. Easter Oh From here Ended up dropping off a bit at first once it ended up popping the trend line You could see instantly it came back down underneath it I'm just using these highs for reference But no we were talking about that in class even before this next halt It's to say that hey if it breaks the trend line and breaks resistance No, the hope would be to see a big move up or at least, you know a temporary squeeze up and then you know It's a react from there Well, what if it were to come back down right below the trend line immediately after breaking above it? That's a huge red flag. So easy to say in hindsight, but that's exactly what happened This doc just got obliterated after and you know for right now. I mean it's on on the way back down I'm sure that we're gonna see another break of support off of nine 40,000 share order and counting on the big currently. I think nine just broke recently here or got tested The low right there nine so probably see a bunch of red on the tape already at nine So a bunch of selling and then also furthermore one thing to point out on this trade because you know I was talking about this earlier, of course I actually ended up going along on it just a moment ago And I took it right from a pretty important price level that we commented on and no right from book map here Even again, you can just be from the trader summit in person conference that we did last week And I went over this specifically in the halts workshop that I taught But you know, we ended up seeing this big opening halt print so to say and he in 827,000 share conglomerate print at nine dollars thirty seven cents. So, you know what? Let's just put a quick line there That's what I was commenting on all throughout the early afternoon, you know, OCG and at nine thirty seven So right over here once it broke through that price going up. I just went right in I was being patient with the trade From there ended up breaking above, you know, nine thirty seven just here on a second go around it You know led to a nice opportunity at least up to ten Unfortunately, I didn't short it from ten on the way back down that would have been quite the short at least from that point But you know, you could even see here once it ended up failing to hold over nine thirty seven boom broke right below it We'll see if we can hold here as resistance coming up But and this is an awesome awesome stock to try and focus on and trade with here So, you know, I'll tell you this is just a small representation of you know The overall day that we've had the I it was the I I nn trade We had bimmy my size you know a lot of these stocks that are or were on the gainers list and where I'm referring to OCG And I mean now that thing is actually down, you know from yesterday's close Let's just go right from top to bottom see what else we have full disclosure I am in one trade right now And and if you were in the trading room just over the last 15 minutes before I started then you know Exactly what stock that is myself and Scott one of our students here. We're talking about it But we'll start off here on I I nn in I don't know what the company does Tell you what for the sake of time and my cotton mouth here So to say we're gonna look to try and expedite the process But for right now, it's making a lower high for as much as this broke out earlier today looks like just a new IPO It seems like this could be a great stock to follow I'm gonna put it on the side list for right now Wouldn't shock me if I end up putting this on the main list, you know at the end of it all But I'd like to see the others first see what else we got Order book pretty thin on this stock or at least you know at times a big spread now the bimmy trade This looks really good so much. So I don't know is this about to get halted Live right now. Is this about to get halted or I guess I should say again Right now. Let's see once Twice three times four times at least this would make at least the fifth hall Right now at least five times Norman. You just said that right there. Yeah, so BIM. I'm hey I'll take it good halts on the way up bad halts on the way down So this thing has been through the ringer also today seemingly and put it on our main list Definitely watch to that 194 price. Definitely watch major resistance up top at two We'll go from there Looking good What's also looking good right now is the trade that I'm in I'll show you folks in just a moment My size now at this point kind of dropping back down this stock has been such a Teaser of a stock for I don't even know at this point like probably since as long as I've been employed At least for like five years, honestly, you know just looking at like the the weekly chart You could just see I mean even here goes to show this stocks been probably split over and over reverse split That is you know for a number of years these pops and drops, you know There's the weekly chart but goes to show this has not been a good swing trade for quite some time You know definitely good day trade when we happen to see good volume volume getting filled on the trade And you know today ran up nice, but at this point right now no big surprise right now to see this pull back I'm gonna pass on this trade for right now, you know Keep it in mind for remainder of the week. Keep it in mind going forward perhaps There was a day trade not a swing trade on this one. All right Let's see what else we got got a bunch of war and so also kind of like populating the percent gainers list So now I'm just trying to like quickly skip over those Perry I guess trying to squeeze up here again, you know for a $29 stock not really that interested in it You know if it was moving moving faster different story It was the best of times and worst of times here on this LIDR. That's for sure and goes to show again Once this gets halted on the way down Almost always that's game over for the most part. That's a wrap I guess you could have had a little you know bounce at some point that you're there but Uh Jaguar not much going on there not the car company, but health company Getting a new car on Thursday. I looked into Jaguar I mean for as well as I have to say I've been doing this past year day trading I'm not paying 750 50 bucks a month for a sedan. You know at least not yet on a lease That's for sure I'm going with Alfa Romeo. Nice Julia All right, I'll hop over to the loser's list for right now fun what goes up comes back down again I mean Fausto harped on this earlier this morning Talk about a short squeeze these short squeezes end up coming back down pretty fast Say the same on VT and R Looking at the daily chart there See what else got James here in the chat board says Jag was the best car I've ever had Oh, I'm sure it's a great car. It's like the F type was my dream car, you know College kid and coming out of college and all that eons ago, but Some point maybe next car. All right the way Bitcoin is moving definitely in the next car. All right Let's see what else we got though folks. I say that in slight jest. All right, NXT pop from Norman. Let's see. Yeah, great call No brainer this NXT the great call definitely going up is I was going from top to bottom. So You got one of us chatting me right now saying check out the Maserati sedan Well, that would probably be in a competition with my F type. Let's see Let's see. All right, I'll tell you what I didn't jump to the stock that I was in I don't know. I guess for some reason I skipped over it. I don't know why that was the case But prog PR oj. That was the stock that I was alluding to so prog definitely gonna put on the main list Now this stocks been a bit of a sleeper throughout the early afternoon the late morning And I really hope this thing doesn't crap the bed now because it'd be really transparent with you I'm not gonna give the number But this is actually my largest share count for a stock above like let's just even say three bucks So, you know, I've been trading a couple thousand shares here and there But this is definitely my biggest position that I've ever traded in terms of the number of shares I guess I could say less or I guess I could say I've traded more for like a 50 cent stock or 40 cent stock But I rarely trade those it's to say this though folks prog I'm putting on this list not because a minute I'm in this trade for a good reason though. We've had too much buying off of four too much buying off the 397 opening print price, you know, I was commenting on that to Scott who's in who's in our trading room now And you know, he's long also on this trade with me from 397 he moved to stop up with me We've hung on this trade since if it's not gonna break any lower There's only one other way it's gonna go at least that's the thought and so far and that's what we're getting 420 is our next big level after that 450 after that five If this thing shoots up to five, I will be made man. Perhaps I'll be getting that F type sooner sooner than later All right, let's see Alan you're in it for also one of our trial members joining us here live I love it. All right, cool. Anyone else is in this trade. Let me know. I don't want to jinx it The sound of that is me knocking on my wood desk. All right, if there's anything else though folks up down left right more than five percent Typed in the chat board. Let me know though here Not a crypto day. We'll talk about Bitcoin and all the good stuff tomorrow I closed out my position that I was in on phantom FTM That thing just exploded the last two days. So You know pushed up even higher after I got out, but I'm happy Talk all about that tomorrow Mark D one of our gold students in from 405. All right. All right. We got to get a pop soon though Sooner than later here tick-tock. We got to get this thing to break that 420 level If not, then I guess I could say the same thing vice versa if it's not going to break any higher Then we might have to see this thing begin to pull back bit of a pennant building right now to live All right, I'll tell you what I'll check Benzinga pro myself I don't see anything else though from YouTube or Facebook live. That's fun I think that we pretty much touched upon them all Look at Kara here. Kara looks pretty good popping up on my Benzinga pro news feed or my signals feed rather It's you know trading not as much volume compared to what we would normally like to see the stock make but that's actually a pretty interesting Reason for me to put this on the afternoon list right now You know, it's more than what the bare minimum we would look for is and you know It's just to say this stock had a huge pop and drop day back here in you know late August time It has a huge gap for it to potentially attempt to fill Not bad not bad up seven and a half percent this Kara stock and the spreads not bad either I mean liquidity checks out pretty decent for right now, you know the more this pushes up the faster It goes that's not going to be the case. So, you know, we'll see if this thing can make its you know Move here soon. All right, I don't know if I talk too fast, but I'm looking at the time here 245 I'm like making great use of time folks and that was that I was the plan But if there's anything else though folks, let me know. Otherwise, I think we're just about good here Actually really quick on the prog trade I was talking about a trend line before and I Mixed up a stock or two. It was the prog tree that had the trend line test And I wrote that in the chat board inside cyber group before I even started this meeting But this is the trend line. I was alluding to the trend line test off the highs So it broke it but now it's got to begin to you know continue to break resistance going up WTRH from John, you know, I did see this trade earlier today The WTRH are actually like, you know prior to starting this meeting. So I appreciate you typing it in now, John Reminding me of it and not only that I think I skipped over it as I was going from top to bottom here Right now though, it's just so flat string such There's so much volume on the order book for it to break So the question is like even if it does move up, how much more is it going to move up? That's the question. That's like kind of the reason why I like the the carrot trade Because the order book isn't really that Liquid, you know, if this thing really wants to go it will and it would get halted fast You know the prog trade itself definitely has a lot of volume on the order book It has to try cut through and that one's even taken sweet time. So that's my only concern It would be like watching the grass grow. I feel like that that's it I hope I'm wrong because that's just that stock treated us pretty nicely over the last month So for right now, I'm not going to put it on the main specialist But wouldn't be a bad idea to keep on like the back end of your side list there All right, folks I think that's just about does it for me for all of us joining us on social media Facebook live YouTube I appreciate you sticking with me here each and every day each and every afternoon If you have any other questions, you would like to ask stocks in which you would like to go over with me on the side Or even crypto feel more than free to do so my email address right here in the chat board Josh at c2 trading calm That's right. That's right. I'm sorry last one from P trader. What about the II and then right? We said we were gonna get back to that. We said it was on the side list Almost finished up without going back to the II and then that's right, you know what it's pushing back up over the last five minutes I'd like to see that, you know, it looks like there's a small iceberg order on the ask at 7 20 at 12 13,000 share order So, you know, that's something to focus on and for right now because of this move up I like this good call. Yeah, I appreciate the reminder of this one on this one again Just getting ahead of myself there All right, so post my email once more though folks Josh at c2 trading calm If you're ready to make the plunge join us live inside our live trading room alongside Lita and Al and James mark John Norman and the hundred forty of us otherwise live feel more than free to do so by going right down to the link on the Banner below there the stream just to get yourself started Otherwise though, I'm gonna just take a small break I'll be back on the mic myself at 3 30 Eastern time folks and then and then we'll go from there All right, I'll talk to you all then