 what's up everybody welcome on back here this Thursday afternoon March 17th shortly after 2 30 p.m. Eastern time welcome on back Chuck later all of our students and members alike inside cybergroup great to see all of us there and great to see all of us back on social media Facebook live or YouTube folks we have a lot to talk about as we typically do but let's hop right to it because the markets just been continuing to push up really from where we left off about 24 hours ago right we came off the Fed meeting yesterday and at first we ended up seeing a big drop but from there it ended up bottoming out right around support levels I had lined up I showed you that but you know where we left off in the afternoon meeting yesterday was simply the fact that I was saying it's all about the reaction that matters more than anything you know if the stock breaks below a support doesn't mean it's totally broken through what if the stock or asset or index or ETF like we were following at least with the spy what if it breaks under support but slingshots right back up above it and runs right well that's what we saw on the spy yesterday I don't want to freeze up my screen like I did at the end of the afternoon meeting yesterday but more or less you could see here my five-minute chart as you know here shows the spy has just been continuing to push up at least heading into 2 o'clock to where it had topped off just before but I feel like this still could keep pushing up into the after hours the end of the day the after hours perhaps and that would factor in with you know following a bunch of stocks that move with the market so what we'll do is just go right from top to bottom in just a moment so we'll talk about all these stocks that will look to just you know scan for in a moment we do have to talk a little bit about crypto at the end of this meeting you know we came off the Fed meeting back from Wednesday afternoon and here we are right now so I want to do a very similar type of analysis just with my thoughts ahead now that the you know reaction is kind of seems so we'll do that at the end also want to go quick I want to make sure that I do this afternoon meeting rather quick I don't know if anyone's big college basketball head or not like I am you got a bunch of college basketball games on I got a few games I got to keep my eye on here so PI K to begin top percent gainer right now making higher lows and trying to inch up to burst above this resistance here you know hey I feel like more than anything it's pretty exhausted prior to today it was trading about 1.6 million shares on average which actually isn't terrible but you know it's trading 73 plus right now so no for as much as it moved from pre-market dumb dawg listen if it ends up popping by the end of this meeting and then we'll definitely put it on our list but for right now we'll pass the PI K stock Brian in the cybergroup room says go cats is in a University of Arizona Wildcats that is I have them winning the whole thing so hopefully I don't jinx it Brian but yeah we'll keep going here the MB II stock at least right now cheapy but breaking a new high you know hey I like where it's at in relation to the intraday chart at the highs just you know looks like it wants to keep going but I want to see what else is out there first let's just see what else we got here the I got a couple cheapies here we'll kind of skip over those now the MUL and trade I unfortunately this one is not looking as clean now it ended up you know trying to show signs of life just before as it was holding above major level at 250 but it just kind of snapped right back under it and dropped about like 1011 cents from there and again it's very similar to be said as I said on the PI K trade it's trading so much volume today and I know granted with this one last week week and a half it's been trading like 150 million shares minimum you know today it's trading like 400 plus so you could definitely say this is pretty exhausted if it does snap up snap back above the 250 level then I'd be a lot more interested in it but I want to see what else is out there in the meantime perhaps even just some you know good old sideless stocks like Neo or AMC that could you know potentially move just with the spy here as the spy is beginning to make another little bounce so I am in one trade I'll tell you about that one just a moment and keep going here for right now I shouldn't have clicked on ORPH here the EIGR didn't look terrible but again I'd rather find a stock that's just like right near the highs of the day or highs the regular session at least a little hint the stock that I'm currently in is at the highs not up a whole lot but up a few pennies on it Norman asking if it's the EOSC trade well I didn't see EOSC let's take a look I actually just skipped over that here EOSC at the highs it's trading about like four maybe 5,000 shares per minute if you look at the order book if the order book was even thinner I'd be more of a fan of this trade I'll come back to it at the end perhaps this was EOSC I don't want to forget about it at least you're all right it down on the side list but I'll tell you what there's nothing really I've been fully committed to so far here heading into this afternoon so let's just see what else we got got the IMPP trade here familiar name chart looks kind of like crap all right we've got Providence up 6 here with 20.3 left there we go all right let's keep it going Givo for right now hey Givo is at the highs Givo is trading like 22 23,000 shares a minute but again look at the order book it's so liquid almost too look too liquid here so I'll come back to this one also at the end I'll put this on the side list alongside Normans EOSC you know Givo is a familiar name at least that we've called out quite frequently inside the live trading room over the like the months and years but yeah root maybe ROOT nah all right let's hop on over to the losers list here folks markets up so there's probably a lot more that's up you know 5-10 percent so I'm gonna need a little help here and actually before I even hop on over to the losers list how about a little breaking update here MULN actually just snapped back above 250 right now I have it up on my other monitor I'm looking at here I got I got eyes all over the place I got college basketball I got book map I have a whole other trade station template that has like three or four different charts on it so I just saw the MULN trade begin to squeeze back above the 250 hey it's speaking my interest a little bit more now you know what I'll put the MULN on our main watch list for right now we don't have anything on there for the meantime so this one will at least make the cut and hopefully just stays above the major level of 250 all right let's see what else we got here in the losers list though otherwise and again if there's anything else that looks good that's up then type it in the chat board certainly RJF on YouTube with the suggestion which we'll get back to at the end the PIK which you know we'll take one more look at at the end like we said B.E.K.E. hey this was a great short from earlier this morning I mean it was on the losers list to begin but it's not just to say that the stock was dropping off it was you know trending down off the highs going into the market open so when a stock is trending down we're seeing more red on the tape more sell-off at that point so the question we always ask here is what happens if history could repeat itself well sure did and from there led to just about like a two-point drop from there ended up holding resistance flawlessly here pretty much off of 13 and from there pulled back you know it's more washed up than anything here heading into the afternoon but definitely keep this B.E.K.E. stock on your side list at least and you know it's more of like a level three stock maybe you know on a more volatile day you can kind of categorize it level three to four on a slower day or you know even right now it's kind of slow you know maybe peel it back to like a level two or three in terms of volatility but kind of right around there good side list stock ultimately here is the B.E.K.E. ZH is shortable I didn't even realize that man I don't know if it became shortable if trade station had it shortable from the from the get-go here but easy to say now this was a nice little short it's actually at the lows here but it's just trading too much volume on the books so I'm not really too particular about the ZH trade at least for this afternoon Billy not a whole lot happening there a bunch of ETFs I see here like YIN I have the SEO trade ETF all right XPEV is at just about 25 it's down over 9% trying to make a move back up it's not breaking a new high here which is pretty interesting a stock that is breaking a new high right now is NEO and I owe and I'm long on NEO I'm in from 1838 so for right now at least hey you know it's not up or down a whole lot percentage wise but it's at the highs right and it's trying to make that continued move that we were hopeful to see from yesterday afternoon so NEO I'll put back on our watch list and again I'm not doing it just because I'm in the damn trade but you know it's at the highs it's a good it's a stock that a lot of us otherwise here in this live trading room are pretty familiar with John says the PIK trade is popping and I'm just taking a look back at it right now so yeah a little push above that resistance so for right now we'll put PIK on our list looks better here from Milton and Charles B inside cyber group TCRT it's a cheapy here I mean hey it's making a really nice little move here from like 71 up to 76 77 cents but you know I'm gonna pass on it if you're already in the trade God bless you're doing really well already but you know for this afternoon I want to keep it above a keep it above a buck but otherwise find some stocks that just have better consistency with them oftentimes these cheapies below a dollar don't really make a great continued move from where they'd pop from initially PDD BILI with a BEKE asks Bobby on YouTube that's kind of looks like crap I mean it's a sideless stock it was just off the highs a bit earlier that not even actually it was off like a peak but highs were up here from earlier this morning it's just really range bound right now Bobby the PDD BILI dropping off and BEKE we don't have on the list here right now so I'm gonna pass on all three unfortunately there Bobby if you want to join us at least Bobby inside our live trading room feel more than free to do so that goes for all of us live on YouTube right now all you got to do is just go right down to the yellow banner on the stream below to get yourself started we provide live access to our live trading room our callouts our audio commentary the Fausto and myself do in the morning I'll be jumping back on the mic later on this afternoon for all of us there like Milton and Charles and Norman and Kathleen Phil later all of us otherwise and we include access to workshops as well our famed traders talk workshop with a great one from Tuesday so that's actually up on the student portal right now but again for all of us otherwise inside the live trading room I feel like we have a good list I want to just go through the sideless stocks I do want to jump to Bitcoin here just talk a little bit about that here before we before we wrap up all right the EOSC is trying to make that push looking a little bit better actually from where we left off on it and then the Jeebo stock and Jeebo looks just slower all right EOSC I don't mind put that on our main watch list here for this afternoon I'm shocked with the sideless stock and Hutt HUT it was just so slow up until right now so I don't know I'm not fully convinced on it just yet PIK with another big pop oh look at that oh man all right I mean that's why we gave it a second look all we had to wait for to do is break above this resistance I was a little skeptical at first but we came back to it said all right put it on our list but before we even finished up damn this thing just ripped yeah let's see what happens here now someone definitely smashed the buy button to squeeze this well over four so perhaps 390 could act as like a backup support level I see a 10,000 11,000 share order on the bid at 384 so keep that in mind but definitely a good follow-up here on the PIK all right there we go folks let me just jump to a little bit coin here and then we'll kind of finish up and actually I did not mention this yesterday afternoon when I did the afternoon afternoon meeting but for all of us live inside cybergroup I did text to you folks inside the chat and for those that were not there I just want to show this because I'm truthful with what I say right first and foremost Bitcoin the whole time I've been kind of saying we need to make sure that Bitcoin needs to kind of break above and hang above most importantly hang above the 500 EMA on the daily chart that's what this is right here the orangish line but ultimately this range of support or resistance 40,000 to 40,750 just has been a really strong horizontal price level to follow for breakouts or support or just trends altogether so really over the last month month and a half it's had a tough time trying to build back up above it once it slammed under it here we expected it to act as resistance and even from that point it was just really volatile broke above it but ultimately held above moving averages here the 100 and 200 EMAs but man from there it's been taking its time well if it's not gonna break any lower well perhaps we'll have our chance and I ended up taking my shot yesterday afternoon I ended up doing a futures position on Bitcoin more of a leveraged position and here's my stamp so I'm in right now from 397 and right now I'm gonna have my stop set already on this trade just in case if it begins to peel back quite a bit but I feel like now at this point should we begin to see this hold pretty cleanly above let's say 40,000 and ultimately the 500 EMA roughly over 40,000 that is it's like a 40.2 you know I think that we can get a much bigger squeeze up over time to the point where we you know break all time highs I don't know I don't know about that but here's one thing I am looking for on this rather well we'll call it a trade more than anything right what I'm doing here is more a trade for right now but right now what I'm looking at is a bit of an EMA crossover here roughly around 48,000 perhaps just a little bit above but right around there we have the 100 and 200 crossing over each other that's pretty strong in the sense of building up a technical resistance or support level the last time we saw this happen between these lines was right here back in July or heading into early August of last year well at first ended up holding this pretty nicely as resistance and we noted that back in the end of January or early February when we did one of these videos in the past but no since well it's been building higher lows it's been beginning to hold above this line that I just snapped here well at this point let's begin to see a real squeeze up and I would love to see this begin to make a move closer up towards 47 to 48,000 perhaps even a little bit higher from there and we'll see we'll see what happens folks you know I find high correlation between Bitcoin and the S&P market all together so you know if we happen to see the spy really begin to peel back over the next week next week and a half perhaps even sooner we'll see you know we don't know I'm just you know providing a thought but should that happen then I'll be personally way more keen to exit this you know leverage position anticipating Bitcoin to make a further drop but you know these are the levels I'm looking for here to hold roughly over 40,000 and then 40,200 the 500 EMA all right so let's see what happens with that but for right now let's see on PIK it ended up slingshotting right from 490 essentially didn't even hit that 480 or 384 iceberg order but for right now let's see this begin to even push higher from this point the PIK trade we're looking good folks I mean hey a pretty short but effective watch list here so far we have PIK the MULN the EOSC and we got NEO NEO we have on our list here as well so hopefully a nice clean squeeze up on the spy taking us into the close not just for our sake with stocks but perhaps with Bitcoin all together as a whole so for all of us live on YouTube Facebook live I appreciate you sticking with me each and every day each and every afternoon I'm going to type my email address here in the chat board just to finish up as always any questions thoughts comments suggestions feel more than free to send on over an email josh at ctutrading.com but again you could always join us live inside the cyber group room Monday through Friday all you got to do is go right down to the link on the yellow banner below but for Cliff, Norman, Milton, Brian, Leda all of us otherwise Donnie included I look forward to talking to you folks coming up right at 3 30 Eastern take care come a cyber group member today just click the link below and 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