 Hey cyber traders welcome on back here this Monday February 22nd shortly after 2 30 p.m. Eastern time Welcome on back here for our afternoon meeting. Let's should be good to go across the board I think that Grant and Andrea you guys were able to hear me for all of us live inside the trading room Just give me a quick chat back just so I know that you can hear me loud and clear for all of us in social Media Facebook live in YouTube welcome on back. We have a pretty slow afternoon I don't want to sound like a negative Nancy with that but not a whole lot moving heading into this meeting Great to see all of us live inside our room here Renzo Laurie Dave Phil Gary jean jean Amy Donnie perfect All right, so let's hop right into things here the TAOP is not a whole lot that I like but at least this is moving up So this TAOP trade we're gonna easily just put this on our watch list just to begin We'll go over this trade rather quickly at least from the morning But you know as of right now, I feel like this is one of those new you know special purpose acquisition companies Could be wrong on that but TAOP made a hell of a move looks like back in like some point in July last year Then just died off and then now all of a sudden taking off once again. So the news out TAOP here I can't copy and paste but I'll at least recite. Oh, how about this? There we go TAOP at least as of Friday of last week is blockchain related as a blockchain consultant. I guess they hire All right. Well outside of that. What's the news any headline from this morning? Benzinga Pro got nothing here at least nothing from it from this morning as to why we're seeing this make such a big squeeze up But man this thing exploded not to say right away at the market open But more so like heading into as you could see like late morning after 11 o'clock eastern time once it broke original high of the Day off 9 that was it So you'd like to think some point when this comes screaming back down that that you know 850 to 9 level should be Strong support but you know wasn't really support today ended up making move all the way up towards the high at the time Like 1250 ish just about 13 Pulled back down and held a higher low held right around 10 It's pretty choppy around 10 bucks But held a higher low a nice round at bottom and made a new move back up So, you know, you normally don't see a stock make this type of move You know making a nice squeeze up at first dumping back down and then making a second big pop So it hasn't really blown the ceiling off this just yet it looked like it was going to but I guess it's been building underneath 1450 really well here. I would be really careful on this trade folks Just I you know it hasn't accelerated just yet to make a new pop But I feel like that's gonna come and if it comes crashing right back down below where it breaks out from essentially off 1450 that would be the end of the road So I'm just throwing caution to this trade, but we're gonna put this on our watch list so far the TAOP trade I want to give a quick shout out John M inside our trading room I saw him kill it just before on this TAOP trade And I'm sure one or two tiny losses sprinkled in there. He picked up 50 cents on his last trade I think he had a minus 11 on a half size position He had a plus 10 on a full-size position, but then picked up 41 cents 54 cents and then just like I'd said before his last one a 50 cent winner John John M He killed it today on this trade So yeah for right now TAOP will certainly check back in with the at the end just to make sure but this you know looks good for the afternoon All right, so a big Focus for a lot of us this morning, of course was just the fact that the markets were down big You know so a big gap down in the pre-market this morning the spy the S&P ETF You could at least see down from Friday's close from last week Man this ended up making a full recovery and then some it seems like right so you could just see that on the Dow Chart here the Dow industrial ended up squeezing up essentially making that same move But more so heading into the early afternoon. We saw a nice big breakout a lot of things moved with the market We ended up seeing the airlines and cruise lines in particular make probably the strongest of those moves So you know American Airlines ended up making a fantastic pop as soon as the market opened up This is like really like a prototypical like slingshot type thing where it ended up actually pulling back at first and then took off You know pretty much wrapped around 1940 ish 1950 and then blasted higher from there So going into the mid-morning this was doing really well and even at this point or at least up until this point It was pretty strong It was pushing up going into 130 up over 21 and then flattened out from here So, you know, we'll check back in with the airlines just at the end of the day here at the end of this meeting Rather UAL pretty much the same move I Know that Royal Caribbean cruise lines not an airline but RCL cruise line reported earnings this morning They ended up making a really nice run-up today, too. They still they still seem pretty strong I mean kind of moving with the markets entirely at this point, but still strong holding underneath. What is that 89? 8875 the high then the whole number 89 from there. I know the NCLH is reporting earnings going into this week I think that's Thursday morning the 25th So moving in sympathy with you know, RCL right now We'll check back with all of these just at the very end. They seem pretty flat right now I just wanted to show what we traded from earlier this morning All right, then lastly before we go from top to bottom We would have found this a number three on the gainers list, I guess But CLSN I wanted to just discuss pretty quickly here This was one that we were more so intent on trading going into the market open. It was pretty cheap good liquidity on the order book You know wasn't moving around that crazy sands the pop at 730 so the news out on the CLSN trade They received FDA fast-track designation for one of their drugs for advanced ovarian cancer So great headline Fantastic news nonetheless, right? But you know, we saw the stock back from last week make a pump and dump So you have to be pretty careful history often repeats itself So this ended up doing the same thing at first dumped all the way down to a low at the time roughly off 265 263 and then you know moved up from there So broke above three just before I know a few of us were trading this picking up like 8 to 12 cents on this trade a pop You know get what the stock will give you right? So as of right now just still seems pretty weak pretty flat needs to really break out from 315 resistance I think 316 even is the opening bell print So that's a huge line that I'm following heading into the afternoon There's a lot of sideless material kind of outside the TAO P trade So let's go from top to bottom right now folks if there's anything else that looks great That's making a big move coming up pretty shortly then Hopefully we'll try and be there first of the punch RETO kind of the same thing as the CLSN very active in pre-market also alongside CLSN I mean pretty much the same Touristics cheap great liquidity moving up in pre-market off of news I mean same thing though just dumped right as the market opened up This one is hard to borrow whereas at least CLSN was shortable You're able to short that at least at the open for right now though I mean this might make a small little 10 cent pop from this point, but I'm not putting much weight on that I'm just gonna pass I pass on this too. I think this is warrants if I'm not mistaken Rnw K nice pop at least heading into the early afternoon I saw this more from the market open here at least so this is kind of a surprise turning back to this and seeing a blast Right over five. I didn't call this out myself at least maybe rich did but I ended up popping over five You could see just loosely it's holding over five trying to before here and Trying to squeak back up for right now I guess you can call it tradable but in the same line as like the others They've made such a big move up and down across the whole day I just feel like with this volume dropping off here. Just I don't know how much more we'll be able to get Let's see what else we got here the ZKIN looked really strong heading into the afternoon I know that's a company that came out with like blockchain related news over the last month Ended up making a huge pop off of like 1050 ish 11 bucks the top previously and took off all the web Towards just about 13 1280 the high Good sideless stock for the remainder of the week just the liquidity so thin on the book It's just tough to just throw this on here and just look to trade it based on level three There's not much to read off of so It's a very difficult to use in that sense All right, let's find something with more liquidity Hopefully something making as good of a move here this TRVG certainly fits that mold This one looks great heading into the afternoon pushing back up to the highs right now So high the days off 441 you have a 31,000 share order on the ask at 450 And then along with that you actually have right under that high the day at 440 you have a 52 case sellers So pretty much off those 10 cent intervals you're going to find resistance and I would say 440 as of now seems to be the bigger All right cool Miss TRVG looks pretty good and it craps out the other way folks if this makes a false breakout and dumps all The way back below this 440 level then I would say that could be a potential short opportunity But you know for right now we're following this clearly on the way up All right cool at least TRVG looks pretty good. I thought SM looked good earlier This I feel like this stock every time it's on the gainers list It's not just like up big percentage wise this like stock every time it's on the gainers list It's always making this type of move. I know it's an energy stock So moved up with the market But man this was as pretty as it can get and even after this little shake here It just pushed right back up to make a new high so for the afternoon It's still kind of strong in relation to its highs off 1432. I just feel like a lot of that volume traded dropped off So I'll pass on this for right now as well And when did who's he become a $21 stock? I guess that answers today look at the daily chart But this used to be like a five six seven eight dollars stock across last year going into this year I know one of our students Jerry, you know trades this frequently. It's become a really good stock to trade I mean or at least look at day-to-day It's one that also has thin liquidity on the book But you know at least from the morning it made a great run up So good to keep in mind if you're more of like a level three trader or above CFMS had a nice pop from earlier today just died off CDE I think this is mining not mistaken. Yeah This one's holding pretty nicely here popped over 10 looks like some volume got filled comparative to the late morning early afternoon Right off the 10 level here From there moved up just about 15 18 cents pulled back held the 10 level nicely and pushing back up now So the CDE I do like and then any time I kind of look at this I'll look at like some of the other mining stocks at least one that I know of off the top My head is HL Give shout out to one of our students Philip from our coaching session this morning He was watching this early in pre-market. It didn't have like a lot of volume in pre-market I hope he caught it at the open though. Looks like it made a nice pop Hopefully can make an even bigger run for us here heading into the end of the day So yeah, both of these the HL the CDE just check out like I Know this isn't an ETF, but Pan American silver. We'll just look at SLV. We'll look at that. That's an ETF It's only up three plus percent pretty flat right now All right. Hey folks if there's anything else that looks good as a mining stock How about that? Let me know I know ego and sand or gold related stocks Quantum scape not a mining stock just up 13 percent below each L here Popping up right now. It looks like nice blast over high the day roughly off 68 6850 you can loosely call that but you know moving up nicely right now Hey for any of our level 5 traders, you know who you are. This looks great. Hey, you know for you heading into the afternoon a Lot of buying coming in off that breakout I'd say be careful around 70 here just to see a break under and over from 70 VCNX here from Friday of last week It made a nice pop earlier in pre-market and then at the open and now pushing back up here to try Get back up to the high of the day So given the range that we had on this stock from Friday's trading up and then down I don't think we could short this today, but obviously with the way this is moving I don't know if anyone would want to be short just yet Don't mind giving this a second look VCNX Nice push so far. Hopefully it continues All right, I think that just about does it on the gainer side here folks if there's anything else that looks good That's up. Let me know Hop over to the losers list here. I always like to say this but with the market up as much as it is It's actually up a hundred forty seven hundred forty eight points total comparative to Friday's close So it was down big in pre-market. That's a hell of a recovery and then some So I wouldn't expect for there to be as many name brand stocks on the losers list unless if they're coming off earnings or bad news I would say that there is a bunch of stuff. That's hard to borrow to begin the losers list, but All these are shortable All right, I got OTI see this thing looks like it's made a little bit of a shake really flat chart though on the one minute Ebi x not gonna be flat This was a really sharp drop from earlier this morning going into the market open ended up making a nice dead cap bounce from there essentially roughly off 25 2441 the low BCLI is shortable for those of us with trade station. It is Squeak it back down towards the low of the day It has really good liquidity if you're like someone that's trying to learn how to short a stock At least if you're on trade station, this is easy to borrow spreads aren't really too big liquidity is great So listen, I'll put this on our main list, you know, it's not a bad option to focus on here Just hope to see this begin to pull back more you have an 8,000 share order on the bid at 455 You have a 18 or 15k seller at 450 or buyer. I mean sorry So I'd say 450 to 455 it's gonna be support doesn't look like it's a big mover, but maybe give it a little time We'll see where it goes. All right How about this will have to YouTube first and then we'll hop to the trading room this time How about this also for all of us on YouTube live in Facebook? So I see for Daniel and a few of us also on YouTube right now Stay tuned for tomorrow morning tomorrow morning will be streaming live on YouTube our week our weekly workshop Which we normally host inside our trading room here at traders talk So it will give myself a much greater ability to break down these you know call outs and trades And it will give you a much greater ability to learn more about why we're doing what we're doing How we're you know, we're pulling the trigger and finding all these stocks So again, that's tomorrow morning at 11 a.m. Eastern time will be streaming live on social media now from one of us on YouTube Not gonna say the name should I hold CLSN overnight? Let's take a look I Cannot advise that legally. I should tell you that right away. We're not You know advising folks, you know, where and when to buy and sell We don't look to turn a day trade into an overnight trade. That is what I will say So that's primarily our strategy. We do not look to turn a trade that we intend on making a day trade initially And we don't turn that into a swing trade just by holding on overnight with hope has to be based on based on strategy So it depends on where you're in from right? At least for the afternoon right now. It seems pretty choppy. It's over 317 or 315 I mean so that was the level I was calling out before it needs to hold over this and really begin to pop up right now We don't have too big of a list. So I don't mind slipping this on our main list for the meantime just to keep on the back end But primarily and if you take a look at the daily chart here, that should pretty much give you the answer that you're looking for AMC fighting its way up. I wanted to look into that. That's right I was calling that out before when we before we started the meeting. So that's why I always like to ask there's anything else that you see let me know because As much as you would like to think I remember all this I don't so AMC we called out at the market open popped up with GameStop at the time pulled back with GameStop at the time I don't know where GameStop is right now But I've been using that as like sort of like an ETF slash indicator to see movement on the others So GameStop hasn't broken higher yet, but you could see heading into the early afternoon or mid-afternoon It's starting to move off that consolidation one of our students that I don't know who it was at the time Maybe it was Gene. Gene called out BB Blackberry early I mean pretty much right as the market opened up. So initially when he called out BB I instantly flipped over to AMC and I'll tell you ever since this has been the Stronger of those reddit stocks heading into today. So yeah AMC definitely I'm gonna put this on our main list at this point It's been like kind of a shaky trade minute by minute So you want to be careful there But you know, it seems like a relatively slower stock for right now You think like looking at the daily chart like it's a very dangerous stock pump and dump desk But look at the liquidity. It's very you know, very filled in penny spread This would be more of like a level two stock I would call it for any for any one of us live inside the room and with that as I'm flapping my gums This thing is making a huge pop. Look at the buying coming in on this bar right now Geez, that's over triple or roughly triple the amount of buying then you do selling So looks like the shorts are covering once again on this trade. Yep, I'm gonna put this to the top of our list right now This looks really nice from Ron here X at 19. I I would flip to X if AMC allowed me to There we go. I think just froze up my screen for a split moment still might be freezing out my screen One of us calling out US Steel X at 19 not much going on there Not much going on there PAVM if I can move That AMC really screwed me up Don't let AMC freeze your platform folks PAVM looks a little bit more interesting to me a thing ended up like opening up way down and then flew all the way up It's seemingly at the high of the day not not, you know above the pre-market high. I should note that What that'll happen on this stock? That's a crazy move To start the morning on the percent losers list and then to make your way on the percent gainers list I'm not familiar with this stock But I thought this could have been the case because I know that we have a bunch of earnings coming out So it looks like PAVM just reported adjusted quarter four results That's all I see here But good liquidity spread, I'm sure it'll fluctuate here and there But I don't mind putting this on our main list for now. It's a good call All right, I think that just about does it folks one one last one here from from YouTube older be buy and sell Alerts in the daily chat room. So we make our call outs then who based on our levels of support and a resistance So let's just say for reference on AMC If I wasn't doing this meeting you can imagine I would be looking at level three book map as we would nickname level four I mean, this is often running now So, you know when this pulls back down I would say, you know 625 to 630 would be treated as a potential support level That's the type of call out that you would see inside our live trading room We teach our students how to trade the stock market and how to trade our picks throughout our throughout our entire curriculum So inside our trading room, we're just making call outs and trading so to really appreciate and learn what we're doing Just you need to realize that takes time that like lets any aspect of anything in life outside of trading Let alone, you know, just takes time to master a craft All right, folks, so I think just for now we were pretty pretty much set and if you are looking to master a craft I might reiterate we are doing our traders talk workshop tomorrow for all of us live on social media Facebook live in YouTube We'll be hosting that tomorrow morning at 11 a.m. Eastern time for all of us live inside the trading room You folks don't need to go anywhere. There's no difference really I'll just start the traders talk as usual as I normally would come tomorrow But you know for free for social media just we try and do this pretty much a couple times a year We'll be streaming tomorrow morning. All right Already folks so for all of us in social media I look forward to seeing you tomorrow at least there But I hope that you you know have the best of luck trading these picks heading into the afternoon And then for all of us live inside the room I'll be back on the mic at 3 30 Eastern time and 30 40 minutes from right now I know that rich will be on pretty shortly though just to fill in in between take care