 All right, Sabra trader is welcome on back here this Thursday afternoon January 5th. Happy birthday to my sister, Nicky Not as if she's listening to this meeting though great to see all of us inside the live trading room We have Ravina later Jeff Michael all this ladder and clear there and all of a sudden social media Facebook live or YouTube Great to see you folks back as well. So Right now markets are kind of slumping off I mean really not haven't gotten much of anywhere across the whole day Just recently failed to pop a new high and came back down. So just some consolidation nothing really too special happening into this afternoon You know another day another runner a few of them In fact the ATXG at least on the screen to begin up over 70 percent still So let's start off by going over this trade, you know, hey today was pretty good All be at the markets were kind of stagnant, you know, even with the lack of a real drop off You know, there are some good short opportunities that you could have followed at first Know a couple of good longs like this ATXG. So, you know here for the meantime ATXG ended up making a nice pop going into the mid Morning, I know it was one that kind of just had a little activity in pre-market. We didn't really think much of this trade at first I know we were more focused on the HKD and the you know, a BVC trade It was on our morning watch list mind you but the others took, you know higher priority So, you know, we did well in the others But this one ended up creeping up across the mid to late morning broke out over 150 topped off pretty nicely off of 190 ish And really where you least expect it for this stock to make as big of a move as it made even from that point It dragged right back down and slow lunchtime area the day, you know Unless the stock is really showing good activity even if it's gonna tease you a little bit, you know That's still at least showing you know a little bit more activity compared to what this did This is like really died off. It didn't really do anything after that initial run and then out of nowhere Just pop suddenly broke back up over 175 180 took off over two and right now I mean, hey if this can make another higher low if this could build another support level here off this to level then hey This can make for a nice trade taking us into the close So I'll definitely put this back on our list and now at this point definitely put more of more of a Priority on this stock than anything All right, but of course the big shiny object in the morning that we all wanted to focus on was the HKD trade Not even just showing you what it did here like hey, oh it ran from like, you know 17 bucks up to near 40 You know, we don't really catch that as frequent, right? I mean hey one a day almost at this stage with Kala and Jasper and hot and you know, you can go down the whole list the last month or so AM AM just you name it Well look at the daily chart I know if I was to brought this up in the morning meeting, but we ended up doing really well in the stock back last year Really just in August time ended up making this huge squeeze for us back then and this isn't like an inflated chart Or like some BS number this actually ran At the time these look like specs in the dust compared to any all this But this ended up running here back from like late July it was even from like 1920 bucks all the way up to 2500 per share, you know it became very untradable after a certain point So no there was a stock that back then made the same type of move as that one did a kind of similar company AMT day So across the pre-market pre-market those mornings that ended up pumping up with the HKD So point being I mean hey if you didn't trade HKD Then you could use that as like an ETF is like a guide to try and shadow and follow the AMTD with Right just looking at the one-minute chart they ended up running up together They ended up dumping off together. So that's what I did. I didn't trade this HKD I ended up jumping right to the AMTD myself. I ended up missing this last little pot or this first little pop here I was trading it from the morning and went break even on it before a snap back down I was about to re-enter it as it snapped back down I was like teasing me there for a bit It popped suddenly over the VWAP at the time and I missed it because I just didn't really have my eyes on it Wasn't too interested in it at that time and then it ended up making the move over too So myself and Jim ended up getting like eight or seven cents on it at first Maybe more like eight or nine cents on it and then Jim as soon as Jim and I finished up this call It was squeezing up higher So I was trying to get back in on this damn trade and it ended up giving me that chance It was shortly after 11 o'clock as it was breaking over I think even like 220 at the time ended up really pulling back and holding that price pretty nicely as support So it even led to a couple of good little micro bounce trades now at this point this thing's definitely done It's been beat up since so you know, I even wrote this in the chat board earlier today Not even just the price the call out of 220 But I said to you specifically at 11 28 in the morning AMTD lower highs 220 support won't hold forever So watch out Right I wrote that at 11 28 in the morning as this thing was kind of tailing off here So don't waste your time trying to hope and hold, you know Hey, if that HKD isn't doing it then odds are the AMTD is not doing it either So, you know, we'll keep these on our side list perhaps for tomorrow morning give it a second look You know, maybe if there's another big squeeze up on them will take take part But you know, I'll pass on these here for the meantime I'll tell you what's been treating me pretty nicely off of a specific level Although I just went break even or minus two on the last trade the BLPH off 210 This was a really good trade looking for the bounce going into the mid to late morning for as much up as it was like HKD and the others I mean, this was up so much in pre that we were expecting for this to dump off at first It did just that and I was looking specifically for support right off of 207 to 10 area Just big volume level right from book map early in the pre-market my whole charts a mess here I got a bunch of these different lines But no to 10 that big fact dashed green line is what I was mainly focused on just before I was looking for the higher low off of 225, you know purple line right here chart level. So ravina That's where I end up getting stopped out for a minus two just before but You know at this point now with it making the lower highs We'll see maybe by the end of this meeting that ends up making a sudden pop But coming off a news early this morning. You don't want to hope and hold too long just like we talked about, right? All right, so with that, let's just see what else we got here across the Gainer side here ABVC another mover from earlier today got halted a few times going up once on the way down And I think that was it pretty much after that last down halt MEGL this did pretty good Magic Empire ended up making a good squeeze and another one where I took my eyes off it And then suddenly this thing just really exploded ended up running back over to Rebroke above resistance at that point led to a really good squeeze at that time up towards 262 70 and Now at the stage. I mean again same deal lower highs. All right, what else we got? Vynt more of a dud than anything. Ooh, look at this little pop up on the S&P right now The spy right now trying to storm back up towards the highs Look at this a little bit of a technical flag perhaps one would call it just some consolidation But you know trending down broke out off that little local downtrend line off the highs squeezing up a little bit That's nice to have GZ Kind of flat right now pass on this trade ARBK had this in pre-market, but it was a total dud after eight o'clock. We took our eyes eyes off at early AT&F let's go over the AT&F trade at least this one ended up making a great move for us once again here this morning Ended up making a nice pop on Friday heading into the end of the you know 2022 year Last week and then with that on the morning on Tuesday ended up, you know once again running up So aside from yesterday this this has been a really strong trade almost day over day The whole way through and once again this morning it was grinding on up I wasn't as interested in this at first actually I you know this could be easy to say it But this is like perfect timing where I came back to my desk and I was talking to one of my students earlier this morning I think it was Jim on our coaching call in regards to you know Hey, you know being more patient there's gonna be stocks where you don't feel as comfortable following even if you're you know Just a little uncomfortable and if it pops all right. Oh crap. So be it. I mean, it's moving without you You know, we're not always gonna be perfect with our anticipations But that's where I say to Jim like hey There'll be times where you take a break from trading take a breather come back and For the stocks that you prepped up or you charted or maybe have on book map and it's like right there It leads the perfect, you know move and with this ATF Let me bring this up actually because that was exactly that I came back to my desk and this ATF trade was retesting resistance at 550 key word Retest, you know, we talked about this in our traders talk workshop, which actually We put a small clip up on our YouTube channel where we were talking about this exact topic Retest I wrote in the chat board and retest is a I'm a big fan of that word So there wasn't even a whole lot of resistance at 550 and above it at least up until 6 So I caught this like right here came back to my desk after 1230 and it was retesting 550 Meaning it already hit it a few times showed some good buying interest and with it showing higher lows I ended up jumping and I think it was on this attempt even where I popped up shook around a small bit Hold on and just the next pop above it. Thankfully it led to that big move Very shortly after right, you know, just like you always talk about so it ended up leading to a great squeeze and not only that But even better or resistance became support 596 bucks That became a critical support level afterwards, which led for this to run up as high as over 7 So myself Chuck for like mid-afternoon We normally don't tend to focus like too heavily, you know on big trades at that time You know, if there's a good setup and if it's there for the taking Then so long as you set your stop then you're playing it intelligently when a stock breaks through a big level should be getting a big move So now the same to be said as it topped off at 7, right? You know, just like we talked about for as much as a stock like this continues to go up and up and up Well, you got to expect for it to make a pullback or hit resistance at some point So the first test of it Expectedly so it held it made a false breakout, but I'm referring to right here If you're looking for continuation over 7 and jump in right where my cursor is You should be expecting a big move Shortly after as soon as it pulls immediately back below your level like that. It's a big red flag So I wasn't out of the doghouse when I first popped above 550 again for me There was a tiny little shake, but thankfully very shortly after like within seconds You got the big move so you should know Really quickly Fausto talks about this in the phase 3 class, which will be continuing next week live for for all of us inside the Trading room. All right, so with that AT&F and done deal this thing is garbage now this thing I mean much better short now than anything All right, what else we got here just finishing up the gainer side for right now We had data da da. Hey, this is still pushing up really well I kind of ran into this right now if you folks for here. So I saw this from the morning I just thought maybe there was a chance it would still be moving up nicely and really pushing up pretty well right now So, yeah, I'll put this on our list. I would assume our next resistance would be off at 13 as far as like an iceberg whole number level Got a ways to go to even get to some like historical resistance, perhaps I mean aside from maybe if you look back here looks like relatively new IPO back from mid of 2020 bottom doubt right around 1465 1460 and still always away from there with it being a 1277 live currently. So You know, don't hold your breath waiting for that 1460 1467 But it's making a nice move up right now in the intro day. We'll definitely put this on our list All right, Chuck's a big fan of cold squeezing up even more today You know, I was thinking we make that pop heading into the mid-afternoon yesterday I signaled it but just didn't go as the markets were dropping off at the time So, I mean, hey ended up today making a really strong push. So a nice run from like 32 up towards just about 37 close enough and you know, right now It's more of a swing trade than anything the spreads have opened up on this It's gotten more expensive back when it was like a 10 $15 ETF The order book was so liquid on this it made for a great day trade It's not really a great day trade anymore If you're in from a lower price and holding on as a swing or if you follow it every day and do well on it for the most part Then, you know, you know who you are The IQ stock. Hey, not an ETF But a stock ended up making another big move up once again today Generally speaking the same to be said for any equity the more expensive and volatile it runs up the thinner The order book will get so I don't think this will thin out too much anytime soon But back when this was a three two dollar stock, it wasn't moving as well as it is right now Then, you know, it was a much slower more stagnant Much more liquid even than what you're seeing here stock. So You know, that's that's what I'm referring to there HU YA IQ both of those tend to move kind of similar together So I just wanted to look at each YA here not doing too bad It's broken new high before albeit pulling back now a bit You know, these could be some good stocks to put on your side list I'll write them down just kind of on the back burner here on the side list the HU YA and IQ FUTU FUTU here ended up making a squeeze up nicely once again recovering from the big drop-off it had last week, but Right now not doing a whole lot All right, so I think that just about wraps up the gainer's side I don't really see much else that looks like good or brand name is here Otherwise for us to kind of look at familiar All right, so top over to the loser's list. Jeez. This si is all over the map I mean for as much as it dropped off over the last I mean month and a half several several months at that point Ended up making a great squeeze yesterday. I didn't realize that any news would be coming out this morning on it I think their CEO came on reported Bad preliminary quarter four numbers if I'm not mistaken But with that ended up leading to a huge drop in the pre-market early in the morning after the open only continued to stumble off Perhaps now more than anything. It's been generally squeezing back up It you know looks like it's dead cat bouncing a bit order book is a little thin, but the spreads are relatively tight for what it's worth I don't mind putting this back on our list here the si if you did really well on this trade From the morning then I would want you in particular to follow it And then otherwise if it is short of on your platform, let's say if you're on uh, think or swim Trade station it looks like for right now. It's easy to borrow again I think from the morning it was hard to borrow But if it ends up failing to squeeze up much higher from here or eventually tops and pulls back You know, it could provide another good short remember bad news came out came out on it from the open so Stock that came out of the good news yesterday gern clearly this hasn't gone much anywhere of up You know, it's only dropped off and filled the gap completely afterwards So, you know again easy to say but you don't want to hold your breath and just buy a stock because good news came out Think good like phase three clinical news came out with a gern yesterday crazy So, I mean, hey, it's shortable. This actually could be a pretty good trade heading into the close with that in mind I don't want to discriminate actually not put this on our list. I mean, hey, it is shortable. It is dropping off It's extremely tradable and liquid big iceberg order on the ask right now trying to drive this thing lower That's exactly what you would want to follow at least heading into the You know, 330 time slot heading into the closing bell Yeah, look at this thing go things getting crushed right now All right Just going down the loser side here. I think that just about wraps it up I mean, there could be a couple more that looks shortable easy to borrow from my platform, but stem not a whole lot to rate home about on that one at least Yeah, that's just about it folks Hey, if there's anything else up down left right more than five percent that you'd want me to look at Just type it in the chat board. Definitely. Let me know now I gotta send out a couple of my coaching links coming up here for my three o'clock and 330 sessions So I appreciate your patience Uh on that Andre saying does muln qualify? Uh, let me take a look if it's a cheapy, which I know it is Often not it looks like this is running up pretty well I'm rooting anyone on if they're already in it But otherwise we're not going to focus really on a stock below a dollar Unless if it's like right at that dollar threshold like near a dollar 90 95 cents or whatnot Not going to be as inclined The blph riccardo not really not really at this point. I think this is more gassed out than anything Uh, clearly has had a tough time off this 225 level after I took my minus two on it. So lower highs lower lows Just like I said on the amtd traded 220 here 210 is not going to hold forever 210 207 and 210 it's been such a good level for me on this trade today, but it's not going to hold forever So Be careful on that All right, folks for all of a sudden social media facebook live or youtube We're going to finish up right now I'm going to jump onto a couple of calls coming up here heading into the uh clothes If you have any questions prior to joining us inside our live trading room feel more than free to send it over through email Josh at c2 trading.com is my handle if you're interested in joining us for uh tomorrow for uh friday or for next week entirely Just go right down to the link on the green banner below the stream to get yourself set up on a trial But for andre grant michael leida jeff ravina all of us there right now Rich will be on the mic taking you folks going into the close But i'll be in the chat like i'd said i got a few coaching calls across my afternoon So no i'll hopefully look to get my hands on a few of these trades whether it be the atx g the data Or maybe a couple of the others that pop up on our radar. We'll see all right folks. I'll talk to you all soon. Take care