 All right cyber traders welcome on back here this Wednesday afternoon October 11th shortly after 2 30 p.m Eastern great to see Gary still with us here in our chat board great to see Mark still with us here in our chat board bell Chuck and all of us here joining us now so great to have us back inside the cyber group room as I just said but also back on YouTube Facebook Live LinkedIn etc over social streams here though so you know just for all of us here in the chat board let me know if you could hear me loud and clear I believe I should be good there we go from Grant happy birthday grand big birthday shout out he joins us back just in time but happy birthday to our good friend my dear friend Grant Brockway inside our live trading room 37 today decent buddy feels like he's 37 he's been looking like he's 37 grant great to have you here and it's always been a pleasure with you each and every day Larry Mark and Gary just joining us right now as well so Rivian a nice bounce at least for right now I listen on a day like today where the markets were stumbling off a little bit wasn't a whole lot really happening late morning early afternoon just playing around legitimately just playing around and you know Fausto is not digging into indicators he keeps it super simple myself I have a little bit more of an inquisitive mind so now I'm just playing around with indicators earlier today literally just playing around that's all I'm doing didn't take a trade up until a certain point you know I start getting a groove on a couple things like studying playing like let me check something out here and I got a couple signals for bounces and I wrote this earlier in the chat board full transparency you see the chat I was saying I was playing around with two indicators and you know I got a signal for carnival cruise line just a sideless stock it wasn't down or up really anything but it was like right around 1254 1255 the price I took a trade on it it's started to like go sideways and then it pulled back like a penny or two I just got out and then I ended up jumping back in so carnival has bounced so far but a much healthier bounce on Rivian or much better bounce carnival you got a figure is going to be pretty slow regardless just Rivian you know is a more volatile stock in a good way so I'm very happy that this has played out as well as it has right off of like 1918 1917 the price ended up breaking under and over I didn't even have a specific level set there at the time in fact before I got the official signal from my little indicator combo I was saying to our students here like oh just you know before it makes that signal maybe it goes down to 19 first or maybe as low as like 1892 big print level back from Friday last week well it didn't do that ended up actually holding a higher low from here I got my signal from my little indicator combo and it's pushed up greatly so far testing the VWAP right now is Rivian right around 1957 1958 here so am I going to put this on the watch list this afternoon it's not up or down anything really so if you were in this trade with me earlier then you were looking pretty good right but the talk of the town the talk of the trading room here at least otherwise how could it not be it's the crazy ass TPST and there's no other way to describe it because how often do you see a stack up nearly 2500% in one trading day I mean in a mere matter of like hours right a couple things I could mention on this trade just to go into it pretty quickly a for as much as the stock pumped up in pre-market hours you got to figure it's going to pull back at the market open at 930 that is so it did pull back at 930 dropped off and it got halted on the way down at first then when it reopened up it popped and got halted on the way up and then from there it just really continued to make a higher low and eventually make a higher high later on as you all saw but you know the one thing on this trade from pre-market that stood out to me well I guess two things the first thing was the fact that this thing teleported from like 140 up to like two and change within a matter of one minute that was like out of left field I don't think any single person could have anticipated that happening that was incredible to watch now on this trade let me ask us here for jith and brian and grant of course our birthday boy and all of us here otherwise when this begins to pop and move up you know the more and more that you look up and up and up and up and up where do we see an orange line show on this heat map and Chuck killed it today on this TPST alongside Brad alongside jith alongside a few of us all together today where do we see a dark red orange line here on this heat map as you look up and up and up for all this year like Patrick later all this year since saying three bucks yeah when you look up top here see three bucks just all in the pre-market hours 70 plus thousand share order on the ask so with that I you know wasn't too surprised the more and more and more this did push up at this point you say all right well there's a good chance I could top off at three right well it did it did top off at three at first it popped over and under three it pulled back down at 260 I thought that was going to be the end of the ride at least from there so all right like there's no way this is going to push up any higher right well obviously very shortly after that it only continued to push so on this trade where we take a look at historical levels here we'll take a look at the weekly graph yeah I don't think this is going to get up towards like 50 bucks 100 bucks or whatnot this is likely all from a reverse stock split there was something I saw yeah right here if you look on the weekly graph and it already broke over this level at this stage but it was right around 440 ish 450 ish and I wrote that in the chat too before it moved up to that price you know hey the more it pushes up towards there you figure all right it's going to top there and that's the end of the ride that's it uh-uh ended up just breaking right above that over time and continued here so what's our next historical level uh yeah now we're getting into crazy territory now we're getting into crazy territory here so really the next historical is like 1050 ish looking at the weekly graph bottomed out there a couple times back in you know July of 21 June of 21 and you know over time one more touch here and then smashed lower never ended up testing there yet right and never moved back up towards 1050 ish 1047 price since so is it going to hit that price today I highly doubt it is it going to hit that price tomorrow I highly doubt it but the way it looks here you could always have a little glimmer of hope right you could always have a little glimmer of hope I would never have thought that at least by the time this was at 250 today even at like three bucks today I was not thinking oh yeah it's going to hit 1047 but with where it's at right now it's up once again on another up halt there's no other historical level until that 1050 ish area obviously book map's going to be your biggest tell now at this point because there will be new orders that pop up on the bid and he asked here at the stage so let's say it's halted right now so you're not going to see a whole lot until it reopens but you know it looks like it's seven bucks there seems to be already a big order on the buy side there already here's one at 10 bucks 60 plus thousand shares which has been out there really across the afternoon so you know I'm sure there's going to be some more that pops up looks like there was something here at eight bucks or eight yeah like right there at eight dollars right there so just keep that in mind but yeah this is going to be a crazy treat here heading into the close folks so gotta be very careful because this is quite the roller coaster that it's already running up on so there's the reopen and here comes another halt pretty much right away it seems looks like an instant halt right out the gate it was a 10 minute halt here I got halted at 228 reopened at 238 you have a big halt print which we covered earlier in traders talk yesterday 208000 share block print so that definitely will become a level to watch on this trade but you could say that on probably like 15 of these throughout the day today for the amount of times I got halted on the way up probably have like 15 20 of these freaking prints so you know hey 208000 that is pretty significant I will mark that as a level here 645 but yeah for right now let's see what else we could add to our watch list because even if you're just watching this trade you're not following it or you're not in it I should say not being in a trade doesn't make you the bills or doesn't pay the bills I should say so if you're just going to watch this and not trade it that's your call but I do want to follow something that I'm comfortable following so you know if you're not as comfortable following this we got to run from top to bottom right here and see what else we could add PHIO it looks a little choppy here at least of late but trying to bounce back up right now has a good order book it's not up an ungodly amount percentage wise so perhaps there actually it's up 61 percent that's not discount PHIO of 61 percent right now but it's not up 2651 percent and truth be told you don't want to just you know be impulsive and jumpy and just hope for this but when you see a stock up 2650 percent I am bound to believe that there's going to be another stock out there in the future whether it be this afternoon whether it be tomorrow morning that will be up like like some crazy amount like 300 percent 400 percent something stupid so you know could it be PHIO could this break higher into the clothes doesn't look bad doesn't look bad to me at least so far so I don't mind re-adding the stock right now PHIO let me keep it moving keep it going uh wheeler or wheeler I guess not really doing a whole lot right now so we'll pass uh Tupperware there we go I don't want to discount Tupperware lady ended up popping up pretty nicely early this morning it's a little choppy here now I know it's trying to inch up from two bucks I'll put this on the side list here for the meantime Tupperware you know low risk stock to follow because it's not on a crazy spread I mean we've done well on the stock in the past but yeah for right now we'll come back to it if we need to at the end all right SCHR PSHG this is looking pretty interesting PSHG I didn't notice this until right now did we get a call out on this trade before rich no no chat on this up until right now I just searched the entire chat so hey better now than ever right popped up nicely from two o'clock little afterwards and then here we are right now so about 8 000 shares on the ASCA 220 10 000 on the ASCA 235 so that seems to be a larger level for the meantime yeah looks good I mean I like the afternoon run we'll see if the volume continues to hold where it's at right now and for this to make a higher higher in due to in due time all right what else we got aspen here ASPN nice little pop action on this is this aspen health aspen aerogels okay so it's not aspen health but a nice little push up at least on this but see if there's anything looking better more volume more volatility maybe a little extra volatility never hurt nobody just you want to have it on a good spread nvo so defend pharma company right this is the one the fowster is a big fan of right if i'm not mistaken so nvo nice little pop up once again this week and once again today a little expensive though so if you do the option calls on it that could be a bit different just make sure the order book is pretty filled in there you don't want to trade an option on it like a crazy spread like a very illiquid book you know not every stock that has options is going to be a good option trade that's why you always kind of hear me stick to my main stocks that i call out when it comes to options like amd tesla coinbase you'll get from me from time to time but certainly not of late very bearish on crypto you know of late and probably the next month or so until i get my big correction we works nice little pop back up on we works right now at least from the open it took off and trying to get a second squeeze here the stock has been on a reverse split recently right reverse stock split uh look who's back in action once again amc and it came pretty close to my 1055 target by the way earlier today we were looking for that across the morning session once it broke higher we said all right pretty good shot to get that 1055 it sniffed it it got close to it didn't touch it so actually hell this amc trades actually looking pretty nice once again not fully committed to this just yet though i'll put this on our side list hell that could be a good chance i do slip this on the main list at the end of it all but uh there was another one i said there at the end too it was amc then there's the we works trade we works wb i'm gonna put that on the side list also got a few stocks i'll come back to at the end right uh let's see what else is out there if there's anything else looking good at least maybe from the loser side here finger fngr just trying very late volume the stock we've just done well on it in the past wanted to look at it there quickly all right so if there's anything looking good on the way up folks let me know here in the chat board chucking asking if amc is going to suck me back in maybe maybe doesn't look terrible uh let's see what else we can get on the loser side though so just at least these two to begin this e2 stock got smashed uh down 50 clean it's at the low of the day how much lower could it go well you tell me it's breaking all time lows so another $2 and 19 cents it seems i wouldn't look for a dead cat bounce there i was calling out potential dead cat bounce going into the early afternoon on silk but it failed to at least break a higher high or maintain a higher low off this past peak you know that's what you would need to see there so it's just flat now not not much happening there all right what else we got here on the loser side bunch of stocks actually shortable how about that bunch of stocks easy to borrow today akro dropped off nicely today i know a few of us were talking about that earlier today at least east rich was saying breaking under yesterday's low at 1476 he wrote so that was from yesterday's low rich yeah that was a good call 1476 was yesterday's low it broke under earlier that was there was a call out from before still holding underneath it here at least you could say actually pretty nicely just a little flat though so you know i'm not really too vested in this trade right now i'm not too interested in it just yet all right so there's a bunch more that's shortable but i could just kind of skim through here there might be one that slips through the cracks but not much more than that let me know if there's anything else looking good up down left right folks more than five percent you know if there's anything else looking really good now's your chance because otherwise amc might suck me back in uh chuck let's go back to that what was it the tpsd trade chuck killing it once again he was in from five bucks got out at 645 just before uh reopened up from where we last left off with it and up once again on another uphaul so damn this thing looks more and more likely by the by the halt for it to get actually pretty damn close towards that we'll call it 1046 1050 ish area all right so let's see what we can grab here right now at this point folks if there's anything else looking good let me know i'm just going to check the chat board right now pshg just joining late to the party sorry if you went over it already from mitch mitch haven't seen it in a little while uh yeah pshg did we put this on the main list yeah we have this on our main watch list already this is one of three that we have on our main list already so tpsd pshg which is this one and then the phio hasn't broken higher just yet actually a bit of a lower high of late but you know i'm going to keep it on our list still at least trying to make that squeeze back up if it really breaks lower from this point then we'll scrap it but we'll keep this on there for right now uh tupperware very flat here i'm going to keep it off our list for right now one once rich tags me out once he's back on at three o'clock for all of us in our trading room if there's nothing else looking good and this is starting to look good that's different but that is where i could jump to my amc and say yes i think it is sucking me back in chuck i can say that and same with we works so the reverse stock split trades there like on amc and we works both i'm actually gonna put both of those on the main list now all right so i'll tell you what again you gotta call a spade a spade right if it's gonna suck me back in i'll admit it right and let's just see if we can get that run up and over 10 55 actually really quick if just hey a little free game for right now on youtube and facebook live join us inside our live trading room to really get this in full on a day-to-day basis but if we can get a clearance above 10 50 10 55 on amc this is our next target 11 75 11 73 we'll call it actually 140 000 share order on the ask you'd figure 11 would be a big level as well so that's that's first really but this is out here for a reason so if all systems are a go on amc don't be shocked if we get like 11 75 11 73 so we'll come back to that tomorrow right we'll check back in on that either way whether you join us inside our live trading room or not but for all of us collectively at least on social just here's my email address who is like to post this year at the end the questions thoughts comment suggestions feel free to shoot me over a quick email josh at c2trading.com but for all of us let me get that back up there that means to click that out there we go keep that up there josh at c2trading.com but for Grant our birthday guy and for Chuck and for Gary and for Mark, Leda, Larry, Brad, John and all of us just joining us right now best of luck trading going to the market close as always I'll be in the chat board up until 3 30 I'll be on a coaching call today so I'll be on a call with one of our students if we see something we'll say something we hope you do the same and yeah we'll see what's out there all right folks take care