 All right cyber traders welcome on back here this Monday November 29th shortly after 2 30 p.m. Eastern time And of course this time of the day as always welcome on back here for our afternoon meeting Great to see Chuck Brian Norman still sticking with us here in cybergroup alongside Michael and Gary great to see you both as well Of course all of our trial members and members alike inside cyber group and if you're joining us on social media media today Facebook live or YouTube Welcome on back. So we do have to go through things rather quick We're continuing along with the phase 2 stock course later on this afternoon at 3 p.m. Eastern time We're actually going to continue our discussion in regards to level 3 the program otherwise known as the ECN books So not only that we're actually also going to be continuing our discussion from this morning's class in relation to shorting So really our whole class this afternoon is shorting by by following the ECN book by following level 3 in Particular so no hey actually for the sake of this afternoon's class I hope we have a nice drop-off somewhere whether it be across the major indices alike or just give me a stock That's dropping. I'll take it so for right now PTP I on the screen to begin We'll just start with this one then we'll go right from top to bottom otherwise But hey it's up just about a hundred percent still ended up making this nasty shake off going into the early afternoon It broke above five it started to try and make that second squeeze But obviously as you could see failed to break higher if it's not going to break higher only one other way The stock is going to go at the time right sounds, you know Sounds not silly, but sounds easy to think about well That's where I talk about here If you don't have your stop set on a trade like PTP I that was up over a hundred percent at that point Well, if it's not going to move up again that big moves going to be down Are you prepared to handle this type of drop? That's the question so More often than not that answers no It's just to say we always got to play stops right upon getting into a trade now with that in mind The stock is beginning to perk back up again ended up bottoming out right off of three seventy five there and then pushing back up above four I just feel like for the volume that this stock is traded today 202 million and counting from Friday or and then from Wednesday of last week before Thanksgiving This stock's been through like the spin cycle so to say so I'll put it on our list And I'm not reluctant at putting it on our list But by the end of this meeting if this thing fails to break higher from here Then we might actually take it off the list because then at that point then there's really only one other direction The stock's going to go in and I don't think that we could short this So we'll come back to this at the end easily enough. We'll put it on our list to begin Otherwise though, we'll go right from top to bottom and see what else we could add to it the K Yrs stock Surprisingly not a buyout. It looks so flat here across the late morning early afternoon that without looking at the news You would have assumed buyout. I think just for as expensive as they are I think it was just news in relation to like phase 3 meeting their primary end points Sounds like great pharma news, but the stock was way out of our price range to begin So we're gonna move forward from it Ptpi already on our list and at this point. We'll just keep it going We'll go right from top to bottom otherwise see what else we can add on You know, it's like 30 degrees here in Long Island, New York But that doesn't stop the Sun from like coming right right through the window right in front of me as I'm doing this meetings I gotta move around and adjust ISPC as my platform actually locks up on me just briefly there That one looked like it had some traction to it across the last what like 10 or so minutes We'll jump back to that stock pretty briefly the ISPC Pushing up pretty quickly from what appears to be support off of oh my god the Sun from like 22 right now as I stand up Popping over 26 getting close to 27 right now in the last bar coming right back down G is much like the Ptpi this stock's been through like the spin cycle to so you know what I'll add it I'm a little more reluctant on adding this stock to our list than I was on Ptpi But that's more because of the lack of liquidity that's out there on level three how big of a spread this stock has So you got to be really careful trading this thing and what I mean by careful is not just where and when you get in But position size I would not be trading this on a thousand shares myself Probably wouldn't be doing 500 share positions Let alone, you know, maybe do 200 or 250 then add up over time perhaps All right, this ATXI stock was pushing up pretty nicely I jumped and skipped and ISPC and clicked this one actually beforehand It's trying to make its way back up. I don't mind coming back to this at the end of the meeting As good liquidity on the book I guess you could say the same on WDH here. This one are already making a bit of an ugly shake back down here, so Not as keen on that. I don't get Ptpi Confused with PPSI and I honestly mean that that's not a joke for anyone that is traders dyslexia like myself So this stock definitely looking pretty interesting as of 2 p.m It didn't completely tank and go the other way, which is a good thing, but it hasn't really broken up higher It's kind of just meddling around right here. You know what? I'm more keen to put this on than anything So the PPSI stock I'm gonna separate that from Ptpi Which is at the top of the list. All right, no keep it going QLGN nice push from earlier today I know that Rich was commenting on this going into the early afternoon as it was beginning to push back Up towards resistance that we had at the time off of two Didn't really hold back rate as a level. I mean, I reckon it did a support later on It seems like it was a little choppy at first But you could see here it was chopping around and then on the next break above two Here's where it held pretty well support pretty good support hold off of two At least from that point pushed up pretty nicely, but it came back down It's like lacking the volume that it once had from earlier in the afternoon So not as impressed at this point. We'll see if there's anything else looking better As of right now this INM stock looking pretty volatile in a good way, you know 26-27,000 share order on the ass currently at 210 There's a hundred one thousand share iceberg clearly on the bid there at 205 So that's where support is you have resistance on the ask as of right now It's hard to not put this on our main watch list was I and M Interesting stock Apparently and I'll say apparently because I believe we did I think I was I don't know if I was out at the time on my vacation I think I was but back from November 17th from a couple weeks ago when I was away on vacation It looks like you guys ended up trading the stock from like one fit 150 ish 143 The low went up to a high of 237 that day Interesting. I didn't realize that up up until right now All right for right now the INM stock. I don't mind putting on our main list now a stock That was a complete utter disappointment Why CBD so news came out on this YCB YCBD stock in relation to a partnership with Amazon web services I think a subsidiary company of Amazon at least but men seemingly great news and with that Well, it was dropping off going into the open So this is not the disappointment right here. Well, actually it partially is the fact that it dropped off at the open is Expected but it took so long for this to make its big pop right when we started class this thing was beginning to run So that was the real disappointing part where you know, hey if today wasn't a class day Then we would have been more focused on this at the time as a team Well ended up making a nice push up over to end up trying to break out higher and then came back down So right now definitely at this stage not really is worth watching the YCB D I don't know maybe keep it on your side list for tomorrow. Just to check in with it early in the pre-market. I don't know NRXP I was pretty strong on this up until they shake back down so much So I ended up taking a 4 cent loss just over the last three or four minutes I was about to tell you folks I was in this trade and I was from 8 bucks right here I was like hawking it right before we started the meeting about 10 15 minutes prior and I was doing pretty good on the Trade actually was pushing up pretty nicely up towards 835 eat 40 ish almost and well I thought that there was going to be another push up on this trade at least up to 850 if not up a lot higher Well, sometimes we're wrong. So ended up coming back down. I took a 4 cent loss Donald the 4 cent loss is the 4 cent loss I'm happy to be out of this trade now at this point because now at this stage It certainly seems like it's just only going to drop lower the NRXP trade Stern kind of a familiar name really kind of a new IPO dating back to November But ended up making a big drop last week. I guess this I guess it's trying to make a move back up now spotty chart there LAC I think Fausto was commenting on this earlier today. So For that reason let alone just the fact that this stock at the highs right now It's hard to not put this on our list. Is this all-time highs? Answers on the daily chart there looks like it Yeah, it looks like all-time highs here for this LAC stock that that makes this a really interesting trade But there being no historical ceiling or overhead resistance from the chart to work off of in theory It gives the stock a very free ability to run up So, you know got to see more volume getting filled off the ask first before we really expect that parabolic move I would assume for that resistance to likely be off off of 41 There's no iceberg order there showing at the time But I reckon that we'll have some volume filled directly from the NYSE as the stocks, you know Listed on the New York Stock Exchange So probably going to see a lot of volume off the ask at 41 upon that level getting tested Bitcoin of course we're gonna talk about Bitcoin as we finish up this meeting Actually a stock that I'm still in on as a swing trade taking a hit on it right now The BTBT trade making a nice climb up today up over almost 10% move up today Bitcoin had a nice little bounce over the last couple of days. I'll talk to you about that in a bit I ended up buying the dip on Friday night Saturday morning one of those two We'll see what else is out there in the meantime though folks actually I skipped over bit farms as I was briefly talking about the BTBT trade Here's TCAT and NFT stock not really doing a whole lot right now Here's BITF bit farms stock. I kind of skipped over just before, you know, it's tradable It's making lower highs and pulling back down now You know, we've seen what's happened much much more often than not on these Bitcoin and Bitcoin mining affiliated stocks heading into the afternoon So definitely not as keen to put them on our watch list at least yet mRNA I only clicked on this just to see where it's at I was wondering why this was locking up my platform so much and Well, I guess this explains it. I don't know what happened over the last 10 or so minutes on Moderna mRNA, but Look a huge hit see Don't really see much news out there at least on mRNA from 146 Eastern time White House says nothing has changed in our deadline for acquired vaccinations of federal workers All right, if there's anything that I see I'll let you folks know Looks like nVax is also halted too. That could be the reason why Nova Vax halted on a circuit breaker Guy Doug Doug cherry on YouTube commenting to us to check out nVax right there I'll tell you what I'm gonna move away from this right now because when it reopens up It's definitely gonna make my stuff free. So Yeah, clearly a big drop on Nova Vax and that's the reason why a lot of these Vaccine stocks are moving with it. We'll check out OCG and here perhaps we'll check out Vax sir They're not really making a good move for us to try and you know capitalize on and trade just simply showing that a lot of these Stocks do move in tandem What was a HPI from last week and APT? These are more kind of spotty compared to the others. How about I and O? And they're all kind of strapping definitely Nova Vax though the biggest of them and Moderna moving with it too seemingly All right, I still don't even have any headlines or news out there in regards to Nova Vax But oh, yeah, and then obviously Pfizer right PFE If Pfizer's shortable then that could be the only thing that would be tradable with those stocks You know this one's a little more expensive too, but compared to the others not nearly as much right So, you know what if anything I don't mind putting the Pfizer trade kind of on the bottom of our list Just kind of moving with Nova Vax. We'll see how that follows heading into the afternoon That's a good call there All right, we'll hop over to the loser's side seeing if there's anything looking just as good if not better Chris I appreciate your chat on Pfizer and I got your message just now. I'll get back to you once I'm done with this meeting Fence FENC out of no idea what happened to this trade Check out the news pretty quickly just out of curiosity now is the time to do it if anything so FENC trading lower after the company said it expects to receive a complete response letter from the FDA for its new drug Application blah blah blah all right well clearly didn't respond too well the FDA to their new drug application But ended up making such a drop here today It's still near the lows the part about the stock that I'm not as particular about just you know checking it out right now Finally, but the liquidity on the order book. It's just Not a whole lot out there that's showing to me You know big spread thin tier size on level two smaller orders across the bid in the ask, you know shortable It's down big all of that I like But right now nothing really that's not a much not as much. Otherwise. It's making me really feel that great about the stock here Market ended up making a nice bounce back up heading into the mid to late morning the early afternoon been very flat since But that's why we're seeing you know UVXY ETF that kind of correlates inversely to the Nasdaq 100 the S&P 100 and otherwise the major indices just flat here Say the same on VXX Prog top loser here today down over 14% is just a sideless stock. We can't short it just curious to see what it's doing. That's all But I'll tell you folks otherwise I mean again, there's not a whole lot that's really looking that great JMI a shortable This is a sideless stock. Just wanted to look at it pretty quick not looking that great in terms of any direction Latest says in the chat board here inside cyber group FSR testing the high of the day worth watching at 22. Yeah, this looks pretty good I don't know if I skipped over this or yeah, I guess I did but yeah FSR. I like it. Good call All right, there you go That's why I always say folks if there's anything up down left right more than 5% Feel more than free to type in the chat board if it looks good I may have easily just skipped over it like I did that did that a Fisker solar trade Or a Fisker not a Fisker solar and check out Benzinga pro here pretty quick I'll jump to you know Bitcoin in the coming minutes New high of the day alert on Lizzie li Zi. I don't know what the chart looks like It's up over 11% this stock. That's for sure treating just over 600,000 shares That's not a whole lot at this time of the day. It's enough for what we look for I don't know. It's at the highs right now It'll remain on the side list of the stock if it ends up showing more strength more buying Then I'd be more keen to call it out, but for right now pass The a EHR stock trading a very similar volume across the day up over seven and a half percent I don't think the stock is near the all-time highs. All right, folks So jump to Bitcoin rather quick, but then from that point will pretty much finish up I really like this list so far So if there's any unless if there is anything that's going to make a really, you know Obvious pop or drop that we would look to put on our list. I think that we're pretty much all settled I think that we're that we're all good All right, but in the meantime, I'll just quickly bring up the Bitcoin chart I want to bring something up because hey from the last You know drop off that we had here at the time. I did not expect Bitcoin to drop down at this point I did not expect Bitcoin to drop down towards 53 54,000. I'm sure has not did a lot of us, right? But it's to say this I brought this up from Friday afternoon, I believe when or Friday or Wednesday afternoon that is I'm sorry the last afternoon meeting that I that I did for you folks on social media And on my six hour graph I was saying hey if this stock had or if Bitcoin could pull back down towards the 500 EMA on the six hour The last time that we ended up seeing it make a big shake right over here before it went parabolic Well broke the 500 EMA on my six hour graph here led to a big drop Well here it kind of was chopping around it a bit Well popped up from that point where I'm getting to is if we're led to believe that we're going to see this begin to push back up Get up to 69,000 and hopefully much higher over time Well, I would imagine for there to be less of a fight less of a tussle off the 500 EMA if it ends up coming back down there Again, so where I left off with you folks was Wednesday of last week I think that was what the 24th or 20 30 even it just to say though that hey it came right down to the 500 EMA It actually came down to this perfect Trendline off the lows the combination of both ended up leading to a nice little push up over the last You know six to 24 hours here From early this morning big pop up and continuing to push up for the meantime So I ended up buying not a whole lot. I ended up buying like 500 bucks worth right around 54 six I wish I had more funds to add more to it, but it is what it is I did what I could but now at this point with this nice little push back up here The hope is to see this you know, hopefully sooner than later But if it's slower than what I expect so be it at this point I think that we're beginning to see some support will happen to have a bounce I think back up in the coming week or two Folks if there's anything else though in terms of stocks that you would want me to look at anything that I missed Definitely let me know right now that cars trade will check out pretty quickly. I saw that popping up on my benzingo pro screen So yeah cars is a gap fill I know Fausto was commenting on this earlier today too when we did the audio commentary When I say gap fill you got to look at the the weekly chart the daily chart also But you know, this is a little bit easier to see on the weekly So it looks like this ended up dropping off from right around like 1750 I think it was 18 bucks back from 2018. It's making its way back up there right now. It's filling the gaps So alongside the fissure trade that later called out fsr. I'll put cars on our watchlist here too Yeah, norman. I remember calling out cars on friday as well I think that's when we were first really looking at this trade right on the hat on the half day last week From johnny's typing in the mttr stock inside cyber group. Hey, it's it's near the highs It's up over 20 percent. So it would be hard to not put this on our main watch list It's you know, right at all-time highs mind you as well. You could just see that from the daily or weekly chart here Yeah, I don't know why I didn't put this on our list to begin Maybe at the time it just wasn't looking that great Maybe at the time when I did the meeting at first it was kind of dropping off So nice turnaround on this trade john. Yeah, definitely good reason for me to put this on our list again All right, I'll tell you what folks in total we got two four six eight nine stacks to work with That's not too much. That's not an overload for me, but I think the shoe just fits I think that we're looking pretty good in terms of the number of stocks on our watch list so far I don't want to add too much more from this point So I think that we're just about good to go folks for all of us in social media facebook live youtube I type my email address here in the chat board If you have any questions feel more than free to send over a quick email right to josh at ctutrading.com All right, uh, also last thing and and I really don't like you're talking about this as much because I don't like Sounding like a salesman, but it's to say for all of our students and members inside cyber Today is the last day for our black friday prices regarding our coaching regarding the membership to our trading room and much more So if you're interesting on jumping on any of that You got to let us know by the end of the day today and we'll be able to talk to you about the black friday deals otherwise I'm gonna call it all right folks So I just wanted to make last mention of that but otherwise for everyone on social media facebook live youtube I appreciate you sticking with me each and every day each and every afternoon And I'll catch back with the folks tomorrow for all of us inside cyber group most of our students there at least I look forward to talking to you coming up in the phase two course in just about the next 10 or 15 minutes. Take care