 All right, separate traders good afternoon and welcome on back here this Friday August 6th Shortly after 2 30 p.m. Eastern time our last audio broadcast for the week Great to see all of us on social media Facebook live and YouTube and of course all of us live inside the trading room Scott David I got Harry Kathleen Kennedy Renzo Norman Felix Gary Joe great to see all of us Otherwise live inside cybergroup and with that said let's hop right to it So the BTBT trade see here on the five-minute chart at least as I have my one minute zoomed in but you know The BTBT trade ended up making a huge pop took a little while for it to you know Get going but ended up coming up on our radar as it ended up re-breaking above pre-market resistance off of 16 You can see that building after 8 o'clock Eastern time here and it re-broke it later on going into like 9 45 10 o'clock Eastern time slot there and all the rest was history Stock ended up moving up just over three points almost three and a half points up to 1950 and no came back down now So, you know, it's still very active. I mean, it's got a bigger spread now than it had from yesterday in the day before I mean practically all week this stock has been a relatively liquid trade, you know right now It's still as liquid but the spreads really starting to open up a lot more So I would just say be careful in that regard I have zero problem at least coming back to the stock by the end of the meeting and you know Just checking in checking in with it if it ends up building a support here pushing back up and you know breaking out over set Over a 1850 again, perhaps or 18 even first to begin. Yeah, that would be great I'll get to Bitcoin at the very end of this meeting. I always like to kind of save it for the end So if you're kind of tuning in for that as Bitcoin itself has been popping and really pushing up today over the last You know four to five hours specifically, you know, we'll talk about that at the end I have a trend line and we talked about that for it from Wednesday and it's practically there now It's a big trend line test on Bitcoin. We'll see where it goes at least, you know coming up So, you know BTBT was one of just many stocks at least from this morning that ended up performing really well for us another stock from yesterday and really you could say just from our side list More from yesterday as we're talking just specifically from this week the micro vision stock MVIS and this is like practically the move I was hoping for just yesterday and it ended up giving me a lot to work with yesterday morning on the break over 14 We ended up seeing a lot of buying from Wednesday in the after hours Which trickled into yesterday morning and I broke over 14 led to a really nice dollar plus run What ended up coming back down? I thought it was gonna build a higher low and squeeze back up It just you know it maintain that steady downtrend off the highs and it was a great short heading into the afternoon this morning today We ended up getting practically the same move at the market open the slingshot over 14 Man for right now. It's still kind of holding strong. I ended up just taking a loss on this I went scratch and then I went minus four just now I was in from 1550 as I was talking just before about the BTBT the stock actually just came back down and sliced me and Took me out. So that's all right, you know, I did pretty well this morning I have zero issue coming back to the stock at the very end of this meeting as well I'll kind of tag it alongside the BTBT just as a stock that could be pretty volatile still at this point You know, I'm not gonna force it and put it on the list automatically. We'll come back to it at the end Another one that honestly this one should have been on the morning watch list here leading into the open It didn't really have a whole lot of activity in pre-market in terms of like a move up It bounced off of seven But after that it was kind of just range bound and I thought it would continue to drop off here the OCGN stock They ended up coming out with earnings and then another stock that we're really familiar with you're live inside the trading room So, you know, this one ended up coming up on our radar again after the market opened up Popped up pretty nicely from 720 up towards 750 rebroke resistance later on and you know right now It's stocks on the way up to eight. So, you know, it seems like it's a really good setup heading into the afternoon Oh, not the right part of the chart right here So, you know, the thing I want to talk about is that you happen to see a big spike of volume on the chart there The volume bar and that's practically all from 795. We end up seeing like a 250 244,000 share print filled on the tape shortly after 2 p.m. Eastern here right at 795 So I was telling one of our students earlier who had private chat in me You know, hey, like, you know, what's going on with this OCGN? What are your thoughts and I was saying would definitely wait for it to break over eight I mean, that's the whole number level to begin with but otherwise give it a couple of breaks and you know You could see it first it broke over it shook back down and still holding under eight above 795 So I would like to see a lot more buying coming in off of the eight level and you still might get another shake back down One thing in particular and it's actually happening right now So I'm gonna jumping around to your bit, but one of the stocks. I just went over before the MVIS The stock's still pulling back down right now This stock it was trading fairly similar to OCGN at least in the morning OCGN was pushing back up pretty nicely here as the MVIS was shaken back down I don't know food for thought, you know, maybe this will just fail But another one that we'll kind of come back to at the end It did really nicely for us earlier today and this one was off of earnings But it's got a big resistance here it has to break through so, you know, perhaps at the end We'll come back to this year as well All right, so those are stocks that weren't even on the list right like even on the morning watch list I posted I put what like 10 stocks on there these three weren't even on there So it goes to show if these three were moving then we had to have also done pretty nicely at least from our list Right. So the MVST not really doing as great now But stock from the market open ended up building up really nicely off its opening bell print price and off of 12 The opening bell print price was right off of $12 and 12 cents Tongue twister price there But stock ended up making a big pop off of that price going into the mid-morning right around 1030 that made for a really nice trade I saw a bunch was like Kathleen myself Jean Norman, you know A few of us were in this trade pretty nicely right off the 12th level or off the opening print 1212 So that ended up providing for a nice opportunity ended up holding a support later on for a higher low or Geez lower high sorry I mean I guess both here but I was more referencing the fact that after the slingshot off this support ended up making a lower high Right, so it still gave us a good opportunity as a day trade But you know the volume died off beforehand So, you know, you can't really expect much after unless if we happen to see a hell of a lot more buying coming in right Away after but clearly not the case stock ended up coming back down It broke down below 1250 broke down below this range of support here You know I would expect for that to act as resistance now at this point So unless if you're in this trade already off of like 1130 ish, you know That was an iceberg level from earlier unless if you're in from that price I'd say it's not worth watching at this stage All right, but hey from the morning was actually a pretty nice trade a stock that we're not really too familiar with You're live inside the trading room, you know, we don't trade the stock frequent So, you know, perhaps we're a bit more timid a bit more uncomfortable to you know jump in But this stock ended up trading its levels really well KX I add another one after the market opened up here This was on our watch list after going into the open broke out above resistance off of 220 built up nicely up practically up to three Right. Oh, and then how could I forget the BY si right so that leads me to BY si here And from this point we'll go from top to bottom But easily enough I'll put this on our afternoon list here as well the BY si stock You know as you could see popped after the market open But more so I know a couple of us end up getting in right around what was it 2650 ish even 2685 as it started to move back up So we missed a good portion of the run-up off low volume build up here But ended up beginning to pop over 2626 50 eventually 27 and you know now really pushing up towards Wednesday's high When's what was that high? Let me take a look here. Oh It's 30 on the nose and keep in mind there was also a whole lot of activity in the pre-market prior to that high From Wednesday remember the stock was 45 bucks back from a Wednesday morning You know if you're tuning into this, you know week late perhaps or the market late from this week, you know This BY si we ended up trading. I showed it this morning So it's to say that at least the high of the day across the regular session on Wednesday was right at 30 So it's getting pretty close there now so easily enough. I'll put this on our list It's not an easy trade. You know stocks got a huge spread at certain points It's fluctuating up and down order book very scarce and thin on the bid and the ask so You got to wait for False breakouts really you can see where it ended up breaking under eight right back over Under an over 28 year that led to a really nice slingshots so far Say what the MVIs trade is actually pushing back up right now as we speak I don't know if someone's listening to me on that trade So maybe OCG and we'll get a bit of a push and there we go right on cue, right? Look at that OCG M broke over eight right away and I might position myself for another entry during this meeting on the MVIs stock on my other monitor here. We'll see where it goes. I'll let you know if I do it But uh, see a fork at a multitask. Otherwise, let's go from top to bottom It's not to say I'm not in other stocks. I am so, you know, I'm in the riot trade I'm in AMC as well and those are moving up pretty nicely here So I think I'm actually all set. Let's see what else we can get though Otherwise here across the gainers and losers list the KXM. We talked about a and y. Unfortunately, this was more of a dud You know pre-market. This was like one of the more active stocks in the pre-market session It was beginning to push up pretty nicely after 845 Eastern time broke out over five pushed up nicely for about 50 cents Right, but that was like right before the market opened up and well as soon as the market did Oh, that's it. So ended up dropping off for quite a bit I guess it did bounce up a little bit here nicely, but washed up right now I don't think the stock's gonna do much here now All right, so we skip over the BYSI already on our list WPRT I forgot to talk about this one here, too This one was also from our morning watch list. So, you know, again We had a really active and really successful mind you, you know Friday all together So this one ended up take a little while to get going But we called it out seemingly as it broke out over the hive the day off 470 at the time It was like right before noon ended up pushing up really nicely up towards 515 520 hide the day and You know, I guess you could say it's still kind of there now, right? And it is shortable So if it ends up like dying off then that'd be pretty interesting, but uh Definitely check back in with this at the end here, too We got more stocks on the side list. Let me do on the main list But that's fine like to kind of cherry-pick here at the end of the week anyway Ramp, I don't know Hide the day on that one. I guess AUPH. Wow. This one flew under my radar at least here You know not in the morning as much. We did talk about this It wasn't really as active in the pre-market for us to focus, you know more on but obviously ended up performing pretty nicely as well I ended up making a slingshot roughly off 1280 13 level, you know at the high of the day right now liquid order book Yeah, yeah, yeah, if you know the meeting here, you know right away I'm gonna put this on our list here AUPH definitely This one looks really good. So I'm actually pretty excited to trade this We end up having a 22,000 share iceberg order at 1467. That's the real like notable part of this trade right now That's all just works at the high of the day, too No, this one also popped up pretty nicely as you could see from like, you know, 260 ish up towards 342 high pulled back, you know kind of consolidating here right now though I saw a rich call out this stock earlier WK SP and with my traders dyslexia already I mixed up MVIS and MVST earlier. I ended up mixing this up with workhorse WKHS It like geez just took me off guard badly So, you know, it looks like the stock ended up making a huge dead cat balance from the drop-off it had from Wednesday of this week I don't know. I don't really see a whole lot left a whole lot opportunity left on the stock All right, we got another Bitcoin affiliated stock here FT FT future FinTech Stocks at the high of the day pushing up pretty nicely now 10,000 share order on the escalate to 90 you got there isn't really one there at three I was going to assume one at three and I still will I would assume major resistance off of three There's not really much of an order sitting there so far, but I would Strongly be led to believe that there's gonna be one there. So FT FT definitely put on our list This is also like a Bitcoin affiliated stock damn the MVIS stocks popping up right now got set up for an entry here soon All right, let's see what else we can get here folks Well FT FT BT BT we talked about pretty briefly just before it's on our side list I'll probably add that to our main list at the end of it all bid F bid farm and other stock That's Bitcoin mining affiliated, you know, I know that there's some amendment amendment or you know provision to a bill the infrastructure bill crypto currency I'll talk about that coming up at the end folks or at least as much or as little as I know It's definitely not getting a good reaction from crypto Twitter. That's all say there So, you know, a lot of people are caught off guard with it and people are not happy They think it's gonna be the end of crypto and this and that yeah It hasn't really been the case today with Bitcoin popping and popping all throughout the afternoon So, you know this stock bid farms to keep it in mind on your side list at least going forward and for right now Maybe I do kind of slip this on our main list here at the end Stock that has good spread on the way up to six. I did not jump into the MVIS yet. Just so you know I can only multitask so much So let's see how far I get still the CRDF and not a whole lot really happening there All right, let's hop over to the losers list folks. We'll see what's on that side of the field I have my stop set on the two other trades. I'm in a monitoring those on a separate screen here So I'll show you those at the end by CAD this one's flat shortable But flat Heesh SPPI this was on our list. I didn't expect for it to do this I took my eyes off it for quite some time. You could probably Assume that based on my reaction Stock is like completely flat. This looks like a buyout looks like, you know common stock offering where it's just right at the price like Not a whole lot happening there Geez All right, Novavax down off of bad earnings I saw from this morning pretty expensive for us though The Zingo trade ZNGA we ended up putting this on our list also I think it was shortable. I guess it led to a nice drop off here after the open bouncing off eight temporarily. I don't know really not That kind of slow steady move off eight I guess but kind of slow. All right, that's it folks I don't really see much else that looks like a familiar name or at least one that would provide us good opportunity from the loser side Markets, I guess kind of slipping off the highs a whole lot really happening across the board there All right, so you know what how about this for all of us in social media Facebook live YouTube Let me know if there's anything else up down left right more than a 5% would want me to check out from Mitch on FTFT I probably got to that comment a bit late myself So that one's already on our list and then from RJF on YouTube asking about the ZY that does not look too good I mean it's at 12 if you're in from 12 You're hoping for a nice pop back up and you know if that works out for you great But you know this stock ended up already making its big dead cap balance from yesterday You know made a small bounce this morning, but once it broke below 1250 That was it All right From dog. He's asking about the E and G trade on YouTube. Yeah, it's up over 10% Nice pop right now if I were to look on Benzinga Pro. I guarantee you this would be probably on our signals page there Yeah, I could call For right now at least you know if it ends up dumping back down I'll probably stay out of the trade. All right folks I jumped into the MVIS Told you I tried it if I could and we'll see if it ends up making the move. I want it to make You know at this point I'm going to put it on our list. It'll kind of be on the back end here You know certainly more in hopes of it holding 1550 support area And certainly for it to begin to pop right now as we're watching it. I'll be lovely I'll be lovely. Come on little pop here for us Got a 10,000 share ordered 1560 or 1561 So we're not out of the doghouse just yet But for right now, I'll keep it on our list here for right now in the microvision trade and OCG and still looking pretty strong as well So, you know what both of those stocks were on our side list and I guess both of those will make the cut right now at least BT BT may as well as at the same time, you know bit farms is a Bitcoin stock I'm putting that on the list. This is more of a level three to level four stock at least So I'd be pretty careful on this one. Should it go the other way or should you see Bitcoin begin to drop? The two stocks I'm currently in Right is one of them Now my deal on right is that when we happen to see right at the highs of the day taking us into the afternoon It rarely ends up running ever Well, it was at the highs before but it pulled back and I ended up jumping in I'm in right from 3490 average price Oh, no, no lower price that 3480 for I think I don't have my position manager open right now But I'm in from under 35 and at this point, you know, if we happen to see Bitcoin continue to squeeze them Perhaps this can make a case for 3550 later on. I got my stop set tight I'm not gonna put this on our main watch list, but the other Bitcoin affiliated stocks are with the ITF and BT BT The other stack that I'm in AMC 32 it's probably not a surprise to many of us inside the trading room I've been talking about that all from the morning. So, you know, this ended up holding support pretty nicely I took a nice 60 cent profit earlier and guess what history repeated itself and I'm back in for 32 So back up 60 cents again on this trade I'm not gonna put this on our main list just yet But if you do well on AMC on a day-to-day, then, you know, it seems like it's pretty active So, you know, I wouldn't I'm sure that you would put it on your personal list in that case All right from Lynette. She has the a and y stock unless of that pop big time. I don't think that's worth watching Yeah All right, so let me jump to Bitcoin here pretty quick and otherwise I'll at least try and recite at least a quick paragraph from this website. I'm reading from so, you know With the Bitcoin bill or whatever they're they're slipping in a proposal into the infrastructure bill That's gonna increase federal regular regulation on cryptocurrency. They're talking about keeping higher surveillance surveillance on a certain cryptos certain types of cryptos and More so kind of protecting Bitcoin and going after all the others more so ones that are actually more energy efficient What's called proof of stake type crypto currencies? One of them is actually the one that I'm in the most on Cardano with the pop-up that we've had on Bitcoin and we'll start off with Cardano at least but a ADA has been holding up pretty nicely I've been all in from this one here and from 17 cents beginning from this time last year I most recently added about 2,000 bucks worth right around 127 You know, I'm holding on for dear life at this point and I've been this whole time So, you know any sort of new infrastructure bill or you know provision within the bill. I really don't think Our government is going to really destroy a trillion dollar industry That's just my loose thought. So maybe on the short term We'll see a bit of a pullback across the board But you know with everything else that we've kind of encountered over the last two months on Bitcoin or three months, perhaps It shot back up. It hasn't tanked down to 20,000 didn't drop down to 15,000 like everyone was you know freaking out about So that leads me to this. This is Bitcoin the vertical line represents the last time that I covered this and The hell I thought I had my I thought I had my other line up here I don't know it keeps deleting my other line that I had up here from from from the last time I covered it Same thing happens. All right, let's draw this quick So pretty much Bitcoin is practically at the upper trend line that I have drawn, you know connecting off the highs So perhaps between this you know proposal in the infrastructure bill and this you know Just trend line that's holding here It wouldn't shock me to see it kind of hold pull back a little bit No, that could present a really good buying opportunity if you're still very bullish on this across the next six months to however many years You know, so we'll see what comes of this going into the weekend, but otherwise if it pulls back I mean, I don't expect it to drop too far down You know if there's any other sort of major news that comes out perhaps otherwise, but you know I'd keep a good eye in the 500 EMA here. I like to show the hourly chart here So the 500 EMA that's right around 37,500 bounced off there over the last week or last few days You could say all right, so that's pretty much it. Oh, that's all I got for you here folks today Let me know if there's anything else that I may have missed or anything that's moving though right now I got stopped out on Mavis. I think pulled back Took a loss on it Perhaps right please wrong time either way we're gonna keep it on our list We'll find out coming up in the next few minutes anyway All right, folks for all of us in YouTube and all of us in Facebook live I appreciate you sticking with me each and every day each and every afternoon I hope you enjoy the weekend coming up. We'll catch back with you Catch back with you folks on Monday Make sure to like subscribe and hit the notification icon right on our YouTube channel that being YouTube comm slash cyber trading you If you've yet to join us live inside our trading room You keep hearing me say that over and over or if you're a first-time attendee joining us in social media today If you haven't been inside our trading room yet I feel free to go right down to the link on the banner below Just to get yourself started on a small trial for all this there right now like Nicholas and Bonnie and skip and Lynette and Peter and Lita. I'll be talking to you folks coming up pretty shortly. Take care