 Alright folks welcome on back here for our afternoon meeting for all of us live inside the cybergroup room and of course on social media Facebook live in YouTube welcome on back So we did our quick sound check live inside the trading room just a moment ago great to see Ron William Bonnie Jean John Jeffrey Ronald another Jeffrey I think I see there unless that's the same Jeff But great to see everybody of course and again if you're joining us on social media welcome on back So we got a lot to talk about in a very short amount of time So if I'm talking fast and if you're a little bit behind or if you're if it's tough to hear me here You know understand I do apologize But we have class coming up Fausto's advanced trading class the phase 3 stock course lined up this afternoon coming up in just about 30 minutes I'm set a book knock over on my desk there. I was a little emphatic on my intro But nonetheless, let's hop right into it. We got the fcuv trade here pushing up I guess but one of us brought this up just a moment ago saying it was like a level 10 stock in terms of how we would You know kind of categorize and that's an exaggeration because we only go up to level five, right? But you know, obviously this is a really dangerous stock in terms of you know Trying to jump in at the right place at the right time and if you're there at the right place at the wrong time Well, I could be a nasty drop as it ended up making a move up beautifully from like, you know Five eight bucks or so as it pushed all the way up to a high of just under 25 But obviously you see what happened it ended up consolidating and even in the consolidation like this stock got halted What like 15 20 times today? You could just see based on the smaller gaps on my one-minute chart here So even here got halted and got halted on the way down got halted again on the way down Get on the way down here on the way up This thing's a hot mess So, you know, hey if you want to take the gamble and trade me a couple shares You know not really any larger position But you know if you're led to believe that the stock had pop up even higher here heading into the close then you might Guess I mean, it's a new IPO seemingly. I think it even listed today I don't know the news on the stock and I'm not gonna care to check either way though folks We'll start by putting the stock the fcv trade on our you know watch list again It's not the trade list. We're not forced to trade the stock There are plenty of other stocks that we're gonna be talking about and putting on our list here coming up Hopefully that is so let's get right to it We'll go from top to bottom for any of the other stocks that we ended up trading at least from earlier We'll quick we'll quickly recap that But again, we have class coming on up in just about 28 minutes. So sq s q g sq bg sheesh my traders the Selexia kicking in But ended up just popping up right now bro broke out over the line I had here my chart roughly off 825 I seem to have been a bit of a level earlier heading into the mid to late morning You could see it was like you know practically holding it perfectly it popped it here held it as support moved up You know it got pretty choppy around that price just earlier But now nice new pop over that 825 pushing back up beautifully Actually, I'll tell you what I'm gonna be a little careful on this trade I think I'd call this out just earlier right 912 the low back from July 27th 938 the low back from you know mid-mid-august and then 933. So seemingly 933 ish 930 ish Maybe 925 that seems to be a pretty strong historical level just as it was support from the last you know a couple weeks So hey, we'll put the stock on our list back on our list perhaps sq bg. There we go All right, so we'll keep it going here Otherwise got a couple of real cheapies below a buck per share on the gainer side here including METX Stock ended up making a really nice run going into like the early afternoon broke out above resistance Seemingly off of 80 cents pushed up just about 10 cents north of that now I mean more than that but yeah for right now I mean hey we don't normally trade stocks below a buck because they normally don't make as Consistent of a move this stocks up 32 percent already 33 percent. You know can there be more to go? Perhaps but for right now all these kind of keep this on the side list I'll come back to it at the end that ends up showing a lot more signs of life in terms of you know Buying and moving on the way up All right, so Rkl why a little pop here and not too little big pop actually from 8 up to 1050 off a very little volume Otherwise and right now it's just shaking around Here's the other cheapy CEI this one was moving a lot Sharper and steadier on the way up in my opinion compared to the METX teach the room But for right now the stock seems to still be you know holding near ties The stock has been a huge tease for us in the past and I say that because you know We've traded the stock off of given news and earnings you get to see based on the daily chart all those bigger volume spike days You know practically out I would just assume that every single one of those days where you see bigger volume traded We called it out at least so it's to say that this stock although it made a move back up in the beginning of this year from Like 1 1 20 ish up to you know near 3 and above but it ended up coming back down But again, it's to say the stock's been a more of a tease There have been plenty of days where we were interested in the stock and pre-market and then it was a huge bust after the open It dumped right right off. I mean again the the red bars on the daily chart more so indicate that So again, I'll keep this on the side list CEI. I'll come back to it at the end with the METX. I Don't know why I clicked this and it was too expensive right out the gate $130 AMBA it's you know near all-time highs So if anyone's interested in doing calls, you know or options on that otherwise generally then that would be That would be the play there, but otherwise we'll keep it going market dropping off right now I see that here on my five-minute chart, you know beginning to drop off after and right at 2 p.m Eastern time but across the last five to ten minutes a sharper drop here You could see back down towards you know just about 452 on the spy So perhaps we'll follow some stocks on the way down in Fausto's class that and perhaps it could be a good short day We'll see the markets continue to slip off ATER though here this stock had made a really good move for us going into the you know more so early afternoon It broke out right from 720 ish 725 to make a new high and really just ripped right from there now Actually, this is the level I was thinking about it was not on sqbg. It was actually on this at er This was the historical level. I had called out inside the trading room It was this stock here and it was at eight dollars and 20 cents practically across You know early August you could see it built up as support before the big drop off Back on Monday this week it blew right over that price came right back down though You know right away after it topped off at nine, you know back on Monday So if this continues to you know keep pushing up and if it even breaks out over eight Then perhaps you look at right around 820 is your target for a top So, you know, hey, this stock is very tradable trading about 30 and a half million shares right now It's you know making a lower high. It's kind of filling in sideways a bit But again, maybe I'll come back to back to this at the end It's just about to put this on the main list. They said to myself in the back of my head. I'll come back to it At the end. It's making the lower highs here. All right, so we'll keep it going And of course like I'd said just from the beginning of this meeting today being Wednesday I got to be quick But even more so for the reason not just for class But I want to talk a little crypto here at least and save some time for that But let's just kind of zip through here see what else we have GBS. Unfortunately, this was a one of the biggest duds of the day. I This one ended up dropping off right out the gate after the market opened up and that wasn't the surprise But this looks just like the the damn ECI you trade from yesterday and look at where it is now, right? unfortunately That GBS trade was not shortable So, you know, we were able to follow ECI you on the way down a couple of us killed it on that trade yesterday And if this was shortable it would have been a really good one, but obviously not the case Yeah, for right now just gonna scrap it from our list here. Maybe keep it in mind tomorrow if it shows some signs of life Again, though, just look at ECI you that is not yet today So keep it going SLQT Starting to become more of a familiar name ended up getting crushed from last week on a big drop-off and as you know Try to fill the gap since and has done a pretty good job. So for right now I mean it just dropped off a little bit off a tie of the day of 1086 But you know pretty tradable still, right? I'd also be shortable So if it does crap out the other way that could be the opportunity we would want to take so I don't mind adding this to the to the main list here SLQT BB IG hopefully my platform doesn't freeze here But BB IG it looks like it's trying to re-approach the trend line that was holding so well from earlier Ended up beginning to hold this beautiful trend line off the highs It broke it just a moment ago after 130 Eastern time here and at the time I was in from 950 things were looking pretty good on that trade and then all of a sudden the wheels fell off ended up Making you know shake down and stopped me outbreak even ended up jumping back in I ended up taking a 4 cent loss on that trade After but you always got to set your stop because again It's a very common line that I say here and you know always in the trading room and inner classes If it's not breaking higher There's only one other way the stock's gonna go folks It's not gonna do a double backflip a triple axle the chart goes from left to right the stock goes up and down That's it So if this isn't going to pop and run up off the trend line at 950 here Get out before this thing tanks So hey this thing is super volatile and I actually say that in a good way It's you know the order book is extremely liquid. So it does provide an opportunity You never really want to follow a stock that's so heavily traded across the day But hey look what happened back on Monday of this week Look what happened back on Friday last week to start things off on this huge run and obviously yesterday as it pushed Up for us in the afternoon actually really quick and I don't want to take too much time About 24 hours ago, right? I mean just to say we didn't put this on the main afternoon watch list I don't believe at least but as soon as we finished up the meeting. Oh, no, it was there. I apologize Yep, that guy was there BBIG. I did put on the list But either way if I didn't put this on the list if I didn't at the time Then we would have still traded and called it out It was very tradable yesterday afternoon made a huge run as it broke out over 7 now for us here heading into the Close right now this pop over 9 is a good start, but it's got to break the trend line It's got to really begin to show some buying coming off of 9 and eventually really to run over that trend line So again, we'll put it on our quote-unquote watch list We're not going to be forced to trade this stock if it doesn't give us the chance to But we'll see where it goes coming up here Another cheapy I guess BZRX this one's dumping off them IQ I don't know if my scanners refreshed on me in the process But this one pretty flat right now Go to you a very familiar name at this point across the last month and a half It's to say I mean hey the stock is tradable the stock made a really nice move from earlier today I was trying to catch the short on this stock and I act I had some good entries on it too I ended up taking four cents here, and then I ended up getting stopped out here after as it pushed up I didn't jump back in would have been nice, but yeah for right now this stock I mean you can keep it on your side list and you know tradable, but not really like not really in love with it right now and not as Volatile compared to earlier today All right, we'll see what else we got here on the loser side folks If there's anything else that's up big or up more than 5% as I always say that you would want me to check out Just type in the chat boards that goes across the board for all of us in social media today and all of us inside cyber group All right, so we knew that we knew this day would come it actually has been coming damn for the past like 40 It's really SPRT this thing's just been getting crushed But I say that not just from today and obviously the last four days have been read But you know it's really dating back to yesterday heading into the mid to late morning as it began to break down more from 234 pulled back into the close you knew with this stock closing near or at the lows that it would end up You know opening up lower. There's a very good chance of that happening at least You know it didn't necessarily happen back on Friday last week But obviously now the more and more this breaks down, you know, it's coming So for right now this stock just still seems to be dropping off here wouldn't shock me for it to keep dropping heading into even You know Thursday Friday this week, and you know, we'll catch back up with it again at some point SPRT All right, I got the sy trade at least shortable down 11 plus percent But again, just like super flat not much going on there at all Pxlw did we put this on the list yesterday? We did not Ended up me. Oh, this was the one that I didn't put on the list, but it did make the run I'm getting I'm getting my stocks mixed up here So this was the one we decided not to put on the main list but shortly after 3 p.m This was the one that ended up running with BB IG as well But yeah for right now this stock again just not much going on right now Keep it on your side list come tomorrow morning. Certainly check in with it easily, you know tomorrow morning I love the spread love the liquidity on this. It's not going to be a crazy SPRT type stock And the more and more pushes up perhaps it will be but you know, just keep that in mind All right, folks. That's all I got here. I'm gonna check Benzinga pro first I'll jump back to the chat boards. We'll talk a little crypto then we'll wrap it up right now It's 243 Eastern time making pretty good on time All right, so I'm checking my my jeez I tripped this up again my signals page single singles signals page GOED as a chart look like here pretty slow level one trade But not only is it breaking the high of the day today, but it's actually breaking above yesterday's high And it's testing the highs back from it looks like August 10th right here 312 312 312 312 312 312 seems to be a damn strong level here on this daily chart What gives holy smokes? I mean obviously it's chopping around prior to really holding as resistance But just dating back to late July to today It honestly doesn't get much cleaner than that. So, you know what that that type of setup appeals to me. I like this We don't need to trade the Craziest stock in the world to make money. It's all about making money as easy as you can right All right, so Norman says the SLQT just made a nosedive and shortable right so if it does crap out the other way Perhaps that could be a pretty good opportunity Looks like it ended up breaking under 1050 briefly. Oh Like no volume on the tape though once it broke under 1050 you got to wait to see a lot more For you to be led to believe that 1050 will be a strong breakdown level for a short We'll see what happens. So here, you know for right now, let's see if we can make a higher low and then push back up perhaps By si dropping all afternoon Yeah, it's down eight to nine percent. It is shortable for a thin-order book though again, I'm not as like particular to trade that type of stock if we have a stock like the Goed on the way up if there is something that could be pretty steady short on the way down that has a tight spread Hey at the same time we're gonna trade more volatile stocks as well like BBIG. This is certainly not a Slower moving steadier stack this thing's unbridled, but this thing's got to begin to pop over this trend line So at least there is a definitive setup on this trade, right? ATER nosedive as well says Norman. Yeah, is this on our list or no, this was on the side I said I would come back to this at the end, right? So here we are now It's dropped off a hell of a lot more since we left off with it You know what? I'm gonna put it on our list here if it ends up continuing to hold under seven then just you know move on but Again, if it could pop back over seven We see a little bit more signs of life from seven perhaps that can make the new move But if it doesn't then just honestly just you know pull it from the list here at this point at that point All right So what we'll do is we'll go to Bitcoin and as I'm flapping my gums as I like to say if there's anything else That is moving that's popping or dropping either way you folks just let me know one more time All right, so let me just jump here really quick because I know one of our students Scott brought this up earlier today And anytime someone brings it up. It's music to my ears Bitcoin pop So with that we ended up seeing a nice little squeeze up shortly after 12 30 Eastern time today I don't think there was any news on Bitcoin. I haven't seen anything in particular at least anything major Hey, I'll take it either way now. Here's the issue I mean, you know given how bullish I am on Bitcoin across the next five to six months I think it's very quickly gonna run over my lines here at 49,000 and eventually 50,000 But as I've been talking for the last, you know, couple weeks at least now in terms of these levels 49,000 is a really strong resistance here as well as 50 50 is obviously a big level but based on the weekly chart seeing the the Seeing the touches here at 49,000 roughly across the last few weeks and months It would lead me to believe that 49 will compliment 50 is a big level and you know with this pop-up today Look what happened on this one 15 minute candle it popped 49 right back down after so, you know Certainly goes to show it's pretty strong at the least right so, you know That's just all I have for you on Bitcoin now nonetheless the others that I'm in personally looks like Cardano is trying to ramp back up here Which I'm very much a fan of so yeah for right now actually had this lineup just before I don't know I guess it got pulled but you know You can see the trend line off the lows and then I had a trend line off the highs just a moment ago here Which was holding pretty nicely So it seemed like Cardano is actually getting pretty close towards the top part of this pennant that's building So we'll see what happens and might take a little bit longer and again Bitcoin drops off completely from 49,000 and as I had projected if we happen to see a bigger drop Perhaps it'll go as low as like 45 44,000 before the penultimate move up should that happen Then we'll see you know Cardano and all the other cryptos go with it You know rising tide lifts all boats when you know the tide begins to drop off Well, so does the boats right so you know just Bitcoin will be the leader It's not always a direct 100% correlation. You always have to keep your focus on also the The Bitcoin charts just showing you know Cardano to Bitcoin Ethereum to Bitcoin actually I showed this to Rich Rich L inside our trading room Just actually yesterday really quickly here Just you know just shows little trend line break on the Ethereum to Bitcoin chart and look at that squeeze This happened before Bitcoin's move today. So you know that that's something to just keep in mind. That's all Here's my phantom. This is one I just kind of jumped into leaned into Friday night And I was very fortunate. It was like the perfect timing where it ended up squeezing up near a hundred percent on me already I'm in from 47 seven here. So for right now. I'm just watching lucky number one here dollar on FTM. All right But that's it. That's all I got for you folks. So one last wrap up or one last go around Let me know if there's anything else that I had missed that is either popping dropping at least a stock not crypto BT you just broke over 17. Oh my goodness. Yeah, I missed this completely It wasn't up enough on the gainer side But you know we've been talking about this stock and really for the last two months now I've been saying and Fausto to this has certainly been a hell of a swing trade than a day trade But with it moving right now at the highs up over six plus percent You know, we'll look to see if this could squeeze up even higher here at this point So I don't mind slipping this on the main list for right now, Mike. Oh and really quickly actually I want to show this because I did look at this actually really quickly I gotta go jump back to crypto because one of our members in cyber group and I didn't mention this on social media Hey, if you want to join us in our trading room, we say it every day for all of us on Facebook live YouTube I'll say it once here. Make sure you go right down to the link on the banner below to get yourself started I say that only because it's not just myself and Fausto that you could follow You know if there are if there are very experienced traders here in our room and perhaps just otherwise with crypto Might want to follow up. So I actually had one of us John S I want to give him a big shout actually because he told me last week Josh Look and check out this crypto called CELO cello has to do with like mobile devices services That's as far as I know John knows way more than me on that He gave much better of an explanation than I did look at this pop John gave us the shout here It was from last week. Look at this move. Yeah, I saw that John I saw that I wanted to bring it up actually today and I appreciate you Sending that message there. I did and that was an awesome call out from you I'm not in it, but congratulations yourself though. Alright, so folks that would just about be it What is the main list Frank? I'm still talking. Let me finish up right now though folks I want to make sure that we're all prepped up ready to go here heading into the phase three stock course I know that rich just posted the link inside cyber group So for all of our gold platinum diamond cyber trading students Make sure that you folks click that link if you're looking to join the class make sure that if you are joining class I say this in a great way leave the trading room It would make no sense to have Fausto talking while I'm talking at the same time add a couple of us do that It just makes no sense. It doesn't benefit your learning So otherwise folks for all of us joining myself here in the trading room all of our non students Perhaps I look forward to speaking to you folks coming up pretty shortly myself and rich will be back on the mic Pretty shortly from right now. Take care