 All right cyber traders welcome on back here this Thursday May 6th shortly after 2.30 p.m. Eastern time welcome on back here for our afternoon meeting Should be good to go across the trading room. Great to see Jason Skip later all of our students joining us here live bill says I made it just in time Yes, you did great to see all of our students and and as well as members joining us on social media Facebook live and YouTube as always Welcome on back actually first to begin. I'd like to welcome welcome aboard three of our newest students here at cyber trading University I'd like to welcome aboard as gold students Adam S We have Joe B and Audrey B joining cyber trading University today as our newest students welcome aboard everybody And and I will say to all of our students keep in mind, you know in two weeks from today We'll be continuing our live curriculum the phase one course beginning with and we'll continue Going into the next few weeks after into the phase two curriculum phase three You know we break down our courses into three separate phases or modules for Audrey for Adam for Joe Our newest students and alongside them any of our trial members that are still looking to learn more about what we offer Please do yourself a favor. Just make sure that you talk to your education advisor They are here to walk you through everything that you have access to as part of being a student or member of cyber training University So with that in mind, let's hop right into it. We have the LED S trade leads leads However, you may want to kind of nickname it pronounce it Not surprising that it ended up dumping off here off this lower high this you know So to say false breakout from 13. I say that across many reasons first It's the first time in which this stock had made a move up to 13 since what like 1045 Eastern this morning So, you know typically for the first time a stock is testing or even retesting a major resistance in a long while You would expect for it to make a false break especially heading into the you know late morning or here the early to mid-afternoon And with that in mind that you take a look at the daily chart for leads Leads leads This stock in the past I mean I can go back more years in this really but you could just see the the pop and drops over and over and over and over So to be fair, this might be the biggest the best run that I've ever seen Let's make and at this point now if it's not breaking higher be careful There's only going to be one other way the stock's gonna go, you know I still think it's strong here to see it potentially pop back up That's a lot of ambiguous words there, which I'm not normally a fan of but you know Hey, if this can make its way back over 12 then perhaps there could be more life on the way up if it not though It wouldn't shock me if this tails all the way back down towards 10 or perhaps much lower So maybe I'll come back to this at the end, you know if this looks really good going into the end of the meeting And we'll you know put this back on our list myself and Chuck and Chuck see one of our students live inside the Cybergroup room I want to go over this trade because for any of us that are you know That were in the room at that time but not really chatting as much or rejoining us now and you know catching back up with the chat board there You may have saw myself and Chuck really talking harp on this OCG and trade and more so than anything It was the short Chuck said easy peasy for the most part for the most part. Yes Really this whole move was relatively easy, you know that that's dependent upon your prep going into the morning You know, this was a stock that we were all following across the last week and a half two weeks Last month last few months and obviously today, you know, I ended up, you know Putting more focus on this with this already being on the morning watch list that Fausto put out from earlier So, you know going into the open with all the vaccine talk that the stocks that were down from the news that came out I'm thinking hey, this could be a pretty good short opportunity, right? So I ended up waiting it popped right out the gate after the market opens I wanted the short from 10 and this is a really good lesson to go through because I didn't short this from 10 There's a reason I didn't short it from 10. It didn't give me an ability to short it from 10 here It ended up just blasting right over the level. No false break came right or moved right back up towards 1050 And I brought this up earlier during our audio broadcast for all of us live inside the room Quick little free tip of the day for all of us in social media, you know Fausto says this all the time and I got it from him in the sense of a short trade, right? I mean, we can talk about it on the long side, but in the sense of a short If I liked the stock so much as a short at 10 bucks I Got to be drooling over it when it's at 1050 So the exact setup the move that I was looking for at 10 just came 50 cents higher I'll take it ended up popping right over 1050 I set up a stop limit order to short it only if it were to break back below 1050 obviously it did and That was the sweet spot, but myself and Chuck later into the morning going into the afternoon We had our eyes on another big support level There were a few big levels throughout the day the 50 cent levels the whole numbers and then outside of that How about the opening bell print this morning right off of $9 and 62 cents, you know That was the big 509 thousand share transaction that we had on the time in sales Right out the gate as soon as the market opens, you know think of it this way What if you saw all of a sudden on the matrix here, you know level three as we nickname it What if you saw 500,000 share order on the ask? Would you not respect that? You would have to right so, you know, it's to say this is it going to become a perfect support or perfect Resistance today no levels perfect, but it's to say if we happen to see patterns repeat over time Then we'll be it will be there to capitalize on it So I ended up shorting this again later in the morning from 10 got out practically right off the opening print And then later on there could have been another opportunity to re-enter when it re-breaks that price So we had some initial selling interest off the 962 price here at first and then on the re-break It led to a huge move just about you know 50 60 cents on the way down after well Hey, what if history repeats itself? What if later on? We happen to see more selling coming in as it breaks under this same yellow line And there were a couple of opportunities that I ended up missing that Chuck ended up getting and a few of us So, you know otherwise right here. I was like a fraction of a second late to this trade I was pretty upset about that because I thought it was gonna just drop off and tail down lower right away Oh, I'm glad I'm patient. So this ended up making a move back up. I ended up taking one loss here I took a seven cent loss and then when it came back down on the next test. I jumped back in as a short Whoo, ended up dropping off beautifully myself and Chuck. We both covered right around 9 28 9 30 ish him right around there. I got out 9 30. I think But hey for right now This still looks really interesting just as a short and then otherwise if it false breaks under 9 or if it You know holds a higher low holds double bottom and moves up and it could be a good dead cat bounce opportunity We love trading OCG and for that reason alone. So yeah, right now. I don't mind putting this just on our main list Chuck says he oh his exit was at 9 18. There you go. All right, cool All right, great. So OCG and already on our list the LEDS not exactly just there yet What we'll do just go from top to bottom yet a couple of pre-market plays that dumped off like the oh actually This is the warrants the ALF. Oh, this might even be a different ticker We had ALF and there's ALFI w that might be the warrants for it. This is the one that we ended up trading I'll go over this quick, you know ended up popping You know shortly after the market opened pop them pre-market, of course, but you know relatively new symbol I think it's an IPO Alfie ink common stock, you know Just relatively newly listed last couple days back from Tuesday this week But you know after the pop-up within the first five minutes ended up slamming right back down and unfortunately That was it couldn't short it. So we just moved on that was it So, you know, I just brought this up because I think the warrants were number two on the gainers list Just kind of skip over it for right now. All right, so alongside the LEDS trade You got another wacky stock in this AUVI I say wacky not only because of this move here, but You remember these tickers in the past so back in February. We ended up trading the stock from like 10 to you know A zillion went up to like 35 37 dollars this day 35 78, you know, it's great to see but folks It's not a swing trade, you know, not every stock could be the Be the BTX. No, that's BTC. Ooh, I love BTC BTX not every stock could be BTX and and look at this now from where it topped off at right, you know This one just had a few days in a row where it was running, but again It's like a rarity to have that happen a sharp of a squeeze up as you had there So this stock has been a known pop and drop for us in the past For right now. I mean, hey, it's still relatively active. It's like coiling up Technically making a higher low off like 11 ish, you know, even like 1075. I made a nice pop back up here I'll put it on our watch list, you know, hence the name watch list there I'm not necessarily gonna trade it, but we'll put this on for right now It ends up dumping right back down really shortly from now, then I just move on MITO you should not a whole lot happening here This also a big dud from today ended up actually making a bit of a move I mean not only out the gate the pop but more so the higher low on the shake It led to a nice entry afterwards You could have gotten a lot more out of that than I personally would have expected ended up practically just double topping right off here That's man the big drop off after that's just not what you want to be a part of at least but You know ended up making a nice little trade from the morning at this point now. We're gonna pass certainly LQ DT liquid I Don't know liquidity SVCS. I don't interesting trade here though Nice trend going into the afternoon my only gripe if you've been following me here, you know going into the afternoons day to day You would know it's the order book. It's the spread the liquidity You know if this had a penny spread like OCGN had and you know big orders at every price level Then this would be at the top of our watch list, but Rather follow others first and then maybe come back to that Weight watchers at the high. I think this is still weight watchers ww formally WTW then WW I think that's them BCRX had a nice run all day today or all morning heading into the afternoon ended up making this a pop up over 13 dump back below it and that seemed to have been it SSY oof ended up just dumping back down over the last what like 10 15 minutes if anything But it was looking really good up until then, you know, it's still making more of an afternoon move more than anything so We're only at two stocks, so I'll put this on our list. I guess for now This will make the cut for the meantime, but let's see if we could find even better I mean in terms of a trend of stock that hasn't like completely dumped off yet This one hasn't dumped off yet this a bev this thing is as slow as molasses right now Geez, I mean look at the orders that are on the book. I'm like asking For even less liquidity here in this example, so it's at the highs. It's certainly level one Might even pass on this just for it being so slow I mean look at all the volume this has to break through an order for it to just move up a few pennies That's a shame, but I'm gonna move on from this Okay, CEO Max sir ended up making a pretty sneaky move going into the mid-morning looks more like lower volume That's why it was pretty sneaky it seems but Ended up making a nice pop roughly from I mean the bottom here off 28 the breakout over 29 up to 31 and Yeah, I mean it still seems relatively active, but again It's like I don't really feel in need to put this on our watch list right now See if there's anything looking even better more, you know more liquidity better spread Now hop over to losers list first I guess markets kind of wonky today all together ended up making a bit of a pop going into the late morning But pulling back now not a whole lot of movement really happening I know there's a bunch of earnings coming out after the bell today for all this live inside the trading room At least I'll post that up for you at some point when I jump back on the microphone. Oh How about this FSL why dropping off? I would assume earnings based I will double check just not a curiosity, but For a forty two forty one dollar stock you're gonna get a bit of a spread and given the liquidity that we see It's not really too bad I'll put this on our list for right now so long as it could be shortable All right So FSL why trading lower after the company reported worse than expected quarter one sales results The company also announced the CFO is stepping down Doesn't sound too good But nonetheless looks like we got a bad result from it ended up popping at first dropping right back down and obviously with this Looking the way it is at the lows much like we talked about a stock at the highs you would want to see further continuation All right, just skimming across the losers list here folks see if there's any other good shortable stocks for us here CENX I think this is aluminum stock. Yeah It's at the lows good spreads, it's just like almost too slow right now volume traded totally dropped off Volume traded per minute like the volume bars here Keep this on the side VER you wow look at this thing continue to dump off now from yesterday's pop and pre-market I mean Fausto brought this up during the morning meeting yesterday Just the iceberg orders that were on his level for just squeezing this down. Oh my goodness This thing got beat up again today And it is shortable right so for as much as this stock even dropped What if this doesn't drop any lower is it possible it begins to make a short little squeeze back up? I think so I don't mind get putting this on our list for that reason See a stock go from You know 870 ish up to you know 11 in pre-market dumped back down and made a complete dump off after that day Dumped another few bucks the following day as in today. It just has great range up and down here So I'm sure there's not going to be as much volume traded on it today as there was yesterday as there is tomorrow Is you know compared to today and but you know keep this on your side list I feel like at some point if not today then tomorrow if not tomorrow the next week But get a nice big move you know at some point again on this stock If you're trading the more expensive stocks and perhaps you put Etsy on your personal watch list I mean hey, you know nice trend on the way down shortable certainly off of bad earnings. I know that Rkt rocket mortgage. This is a nice draw from earlier today Not really making too clean of a trend right now at least over over the last 30 minutes Good sideless stock, you know just pass on it for right now from one of us on YouTube RJF asking what about Nikola a dead cap bounce? So yeah, I mean that could be a good opportunity as a short if 10 breaks But if it false breaks below and back over 10, then yeah, I mean dead cap bounce certainly, but follow the trend first It's hard to ball for us in trade station So if you can get the shares to short first then that's what you should look for But nonetheless though we were watching this off of what was it even? 1050 but also 1042 in particular 1042 is the closing bell print from yesterday So it broke under and over it from earlier. That was a nice dead cap bounce at first But obviously ran out of steam ended up just you know laying over and the rest was history. So Yeah, Nikola. I think Nikola also had earnings from this morning, too So that's the reason why it ended up making the wacky move up then drop off here today Bonnie calling out the LEDS. Hey, I said I'd come back to this at the end Right see if it potentially can make the squeeze right back over 12 And hopefully there could be more life left on this trade We're not out of the doghouse just yet because it broke over 12 if it dumps right back below 12 here then Crap out of luck. So, you know, just be mindful of that. That's all I'm saying I'm rooting this on for everybody here that's in it. So LEDS. I'll put this back on our list with this pushback over 12 Chuck calling out Mara. It's 60 or 60 G's not 60 30. I need new glasses at 30. Yeah, it's down big Now here's my stance on Mara though. I'll definitely put this on our watch list and not even in the sense of a short You'd figure if it's at the lowest of the day that it's definitely going to be a good short opportunity But I think there's much better opportunity for a dead cat bounce on Mara and riot then anything else and I say that just hey folks if you've been with me here in the afternoons on the broadcasts We talk about these stocks often not every day, but with Bitcoin in particular Bitcoin's been dropping off. Here's my hourly chart ended up dropping off practically early on it You know from pre-market eight o'clock. It's been making a bit of a move down if anything I think it's really the last 20 minutes. Yeah, 15 to 30 minutes. It made a much sharper drop So that's why you're seeing continuation on Mara for the meantime and alongside that riot But you know my stance on these trades based on Bitcoin itself going into this time of the day When we see Mara and riot at the highest they rarely if ever at all, I don't think they've ever it really Truly ran. I mean, maybe they ended up closing higher But we're looking for a big beautiful run acceleration, you know on the way down You'd think the same thing, but if we don't really see continuation in their respective trends going into the next hour here If we normally don't if ever at all then wouldn't you think this would be a dead cat bounce opportunity? That's why I would say from from Mara at least I'll put this on the list. I think Mara has better spreads Yeah, better better liquidity on the book definitely for this Chuck says I'm in from 30 18 long in the money right now. Nice looking good. All right So from our good friend Mitch on YouTube asking about CLO v short down 7 plus percent It is shortable You know, it's one that I'll say if you did really well on it from like last week then follow it But it started to slow down this week and I think at the end of last so it became a lot choppier of a trade It certainly looks good. Don't get me wrong. I mean, hey, if you could short it here and drop it down to eight That'd be a nice trade, but I think for right now, like I like the list that we have between OCGN Between even the Mara trade Mara and right with the way they're trending at this point in the afternoon I said it yesterday. I think in the chat board, you know, if Mara and right down or up big And or at the highs or lows respectively, I'll put them on the list expecting the counter trend move So we're already starting to see it here at the SS why here still at this point You know just given the afternoon move that it made I'll keep this on our list But certainly not in the best position compared to some of the others All right, folks if there's anything else that you folks see up down left right more than like 5% type it in the chat board here Let me know that leds is trying to push. I'll tell you. I don't see much else on my end All right, so I think that we'll call it folks. I think we got in total two four six eight stocks to work with So far heading into the afternoon Hey, there's anything else that makes a respective move that's worth her opportunity and time then we'll look to call it out What I mean by that is if you're looking at a stock It's like just like not really making as clean or sharp of a move as you would want it to make and you're just more hopeful than anything if you're unsure Then you're sure means that you know what to do You know to likely just move on from it follow a better trader look back in the trading room See if there's anything else that we're calling out at that point and go from there All right folks, so for all of us in social media Third reminder regarding this I'll keep reminding us up until but for all of us in social media We typically do this maybe two or three times across the calendar year our weekly traders talk workshop It'll be simulcasted not just live inside our trading room going into next Tuesday But it'll be available live on our on our YouTube stream So make sure that you like subscribe notify right on our YouTube channel that being YouTube comm forward slash cyber trading you Otherwise feel feel more than free go then then to go right down to the link on the banner below Just a sign up for our trading room itself there and join us live for this afternoon All right, so keep that in mind for all of us live live inside there right now I'm gonna jump off the mic I'll post and tweet the pics though first and I'll be back on the mic coming up at 330 taking us going into the final 30 Take care