 All right, cyber traders welcome on back here this Wednesday October 19th shortly after 2 30 p.m Eastern time welcome on back here for our afternoon meeting great to see all of our students and trial members alike Shane hopefully you could hear me loud and clear alongside the rest of us joining us right here Andre I know we had Michael B from before Michael B Michael D on top We had Chuck as well who clocked in on a nice trade. I think on cold Hey, great to see all of us here joining us back and all of a sudden social media Facebook live YouTube welcome on back as well Markets ended up taking a nice little dip early on today continued going into the mid-afternoon and I'm trying to make a bit of a bounce right now But you could even see it from my five-minute chart really I ended up building a little support going into the market close yesterday heading into the market open today and Then with that support once it gets broken through roughly off 368 For right now I'm expecting that to be resistance So don't be surprised if we end up seeing another pullback you're heading into the close should that 368 hold right now FNGR. Hey, we're familiar at this stock at least ended up making a big run for us going back into the very end of September into this month Pushed up really nicely since but Obviously as you could see at least from the end of last week into the beginning of this ended up taking a huge drop-off from like No, roughly under 10 down to like sub-5 and right now trying to make a pretty good bounce here Most recently this stock ended up breaking through a pretty big iceberg order on the ask at 570 I don't have my level for my book map open for this trade right now But if you can at least believe me there, so just broke above 570 Hopefully that could become support here over time the order book is still a little thin You know a thin tears out there on the level 2 as well We'll put this on our watch list at least to begin here folks the FNGR Hopefully doesn't hold back under 570 here coming up, but I'll tell you really otherwise We had a really nice trade on the OLPX trade. I shouldn't say had have I'm still in on that trade half size I ended up taking some profits right off of 455 earlier about like 25 minutes ago Maybe 30 minutes go even but no we'll go from top to bottom I'm in pretty good position at least on that one so in from 479 We'll talk about that trade not only to say coming up here But for all of us inside the live trading room if you're joining me in the phase one stock course later on today You know you will be able to go over that trade in full actually because you know We'll go over journaling how to journal your trades and not just why it's important to journal But you'll better understand what I look for in a position what I look for in order to jump in not just on a long trade But like on the OLPX as a short so in right now from 479 But we'll go from top to bottom on the gainer side here Made a rookie mistake, and I did not bring my water bottle here to my desk. That is gonna be painful All right, let's be quick then with this meeting in mind And of course we have class ahead at 305 Eastern time, but let's see what we have here MV ST I mean hey it was a big early on today made a really nice run from like 160 I mean popped higher pretty early, but it ended up beginning to build some support roughly from 170 175 and then at that point ran up really well up towards the highs as you could see there right off 240 242 So hey, I mean is it possible for this to be the higher low from here and for it to begin to push back up again into The close. Yeah, I feel so You know the stock trades about like two million shares two and a half million shares on average a day roughly in between That number today is gonna fleet that average, but you know either way. It's pretty liquid, you know more of a level one or two stock I don't mind giving this a second look here into the close All right, we'll keep it going here. Otherwise SB FM nice mover from this morning once again today more of the mid morning after 10 o'clock This thing ended up beginning to pop from 85 cents and moved all the way up towards the high of 135 So it's already made a really big move very similar. I guess you could say to the MV ST You know this type of trade I don't think really trades as much liquidity on a day-to-day basis So that's where I get a little fearful of a big shake or pull back you're heading into the afternoon I will say the order book does check out pretty nicely. It's on maybe a two cent spread here It's really liquid on both ends doesn't trade a lot of volume day-to-day. It seems but very liquid order book for this afternoon So, you know, I'll put this on our list here, too Probably need to be near the back end of our list here by the end of by the end of it all I need my water bottle All right, let's see what else we got here in the meantime the ampx trade will try and be even quicker Naked in the lower highs pulling back down right now and this has a much thinner book, which I'm not a fan of so we'll pass Cabba, I feel like this is pretty exhausted right now also I'll maybe I'll come back to this one at the tail end. I'm not gonna put this on our main list just yet My trader's dyslexia is gonna screw me up here between MVST number five on the gainers list and number 11 Mn TV Mn TV making a bit of a pushback up right now I popped early on this morning I mean like pre-market wise then ended up making a little bit of a move after the open I would have expected a little bit sharper of a pot perhaps but you know Hey, maybe that could be across the clothes here the market afternoon heading into the clothes It's moving on up pretty nicely, right? So I don't mind putting this on our list here for right now the Mn TV This might be near the bottom of our list actually, but it's looking all right The only reason I'm gonna put this kind of towards the bottom again traders dyslexia I want to keep this away from that other one the MVST Get my V's my M's my T's mixed up there SLS not a whole lot happening on that one. Let's kind of skim across the gainer side here otherwise Netflix, I mean, we're not gonna day trade a $270 ticker Did I go over sober yet? Wow sober had a big drop heading into the early afternoon. I didn't even realize that That's a pretty steep drop. I'm just gonna check Benzingo really briefly I normally wouldn't on class day like we have ahead want to be quick But um, you know what this is this could fall in line with what we've been seeing this week with a lot of these cheap Stocks and direct share offerings and whatnot. So just trying to take a look That came at like 12 30 in the afternoon Damn, I don't think there's any news no like real headline from like 12 p.m. Eastern onward for this trade I mean just crazy shake out at that point. You know, hey, it's it started pushback over three Right, we know three has been a big level on this trade of recent It's been cutting through there at least on the daily But you know across the last couple of days three has been a pretty significant level You know, if I could hold back above three here Maybe there is a chance for this to move back up at least to the opening print off 314 and we'll see what happens I like the fact that there's no news on it. That's all right. I'll take it, right I mean, maybe that could have just been traders trying to do a big shakeout You know stopping everyone out before another big run You know, it's possible. I'm not going to hold my breath waiting for that. But the fact that there's no bad news All right, I'll put this on our list. We'll give it a look All right, let's see what else we got here folks FNG ours already on on our list. I think still prattling around that 570 Let's jump over to the loser side right now. Let's jump right ahead to the OLPX trade Let me ask for any one of us inside the live trading room, you know Mid-afternoon there's not a whole lot going on and especially with the the falling market that we had at least up until 1 p.m Not as many of us are going to look to try and be as active to trade even though This has been a phenomenal short and no granted the market dropped off and that could certainly help this move But man OLPX shortable and trade station. It's breaking all-time lows Again, I'm still in on this trade on a half position at this point I ended up taking half out off 457 in from 479 It was a pretty simple trade. I don't like to say the e-word too often It's like a curse word in our trading worlds here that we're all a part of E word being easy. I don't like saying that word but it was a pretty straightforward setup and I'm gonna look to talk about this trade at least inside the phase one course later on today at 305 Eastern Time again for any of our bronze Students and above bronze silver gold platinum diamond you folks have access so rich will post the link for that coming up pretty shortly He'll repost it here in a bit perhaps But yeah, this is breaking all-time lows shaking back down again. I'll take it We're gonna put this on the top of our watch list here OLPX GNRC has also been a really good short from earlier today and a Fausto is calling this out during the audio broadcast from this morning He's actually doing a big webinar right now So make sure you folks head right on over to that actually for any of our non students at least As soon as we finish up this meeting for any one of us on social media Facebook live YouTube I would even just say go right to our homepage CybertradingUniversity.com and you could register for Faustos live webinar He's actually conducting live right now But with that in mind he was calling out this generac trade as a short from the morning did pretty well on it I thought he had like a dollar fifty on it perhaps or maybe even two bucks You know a little expensive, but it's right near the lows right now So rather if you do more like puts on this trade look to day trade the options perhaps heading into the clothes That'll be a better idea with a more expensive stock like this, but I'll put this on our watch list for right now All right, Carvana is hard to borrow. So that's a little tough CVNA And that would have been a phenomenal short for me on trade station But you know what? Hey if it's easy to borrow on your end I'm gonna put this on our list for any one of us that could short Carvana right now because looks phenomenal big support Though you'd assume off 15 so you know at this state at this stage wait to see what happens off that 15 level about 34,000 shares showing on the bid That's a nice snipe right there I kind of skimmed the head on the loser side and then saw Carvana Look at that. I didn't even realize it was down that much today I knew what was down a lot today And I didn't take it as much advantage on this trade Neo because I didn't really prep up the charts It's always when I don't prep up the charts where my favorite stock Neo makes its like best moves This ended up taking a little time at first I reckon but ended up really beginning to pull back heading into the mid to late morning Pretty much as we started the phase one course the morning class Really smooth trend on the way down taking us into the afternoon here You know, I love Neo, right? But I'm always shooting it straight with you folks like I'm not gonna put Neo on our watch list if it looks bad This looks really good as a short so Neo I'm gonna put on our watch list But it's like all of the Chinese EV companies collectively Xpev Lee All getting smashed they have been for a long time now, but you know in particular today each of these are down big So Neo Lee Xpev on the short side Actually really quick for Neo because you know, I love Neo so much I didn't prep up the charts from the morning, but I was wondering heading into the afternoon where we could find some support So, you know what let me show you this really briefly Forgot about this at first and I just thought to myself right now. I'm like, oh, you know what? Let me just mention it to him This ended up being an IPO. I think from 18 Weekly chart here weekly. So it's pretty interesting that it ended up topping off this week back in 2019 off 1064 The high the next week 1063 now that could have been a Friday into a Monday move Maybe we're like a Thursday into a Monday or Friday into two but either way just goes to show I mean that seems to be a relatively strong top for right there I mean that could be a potentially strong support coming up current price right now is at 1074 So it's getting relatively close there So perhaps the first test of that price that could hold especially if we happen to see you know A little holding here within the spy if we happen to have a little push back up into the afternoon But you know aside from that if that begins to break You know on a day-to-day basis keep your eyes out on level three, you know Of course there could always be a bigger iceberg popping up But otherwise after that your next big support I would say would be 10 and 990 on the neo trade as far as like a Potential swing. I mean this doesn't look good whatsoever is a swing right now But as far as a day trade perhaps maybe it can make an intermittent bounce off that 1064 1063 Just want to mention that with you folks or two folks All right with that in mind actually speaking of swings I brought this up earlier inside the live trading room If you just search inside the chatboard Mara, you're gonna see ever the comments that I posted today beginning from 834 this morning I'd said Mara. I may exit the swing near 1150 today I need to see higher lows continue on the spy and then at 1155 this morning. I wrote to you folks I'm sure Mara can move higher over time this week or next Market-dependent, but I just closed the swing I took from Friday afternoon from the entry I had at 1036 so I ended up getting out on that trade right off of 1153 It was just shaking around a bit and you know, I even brought this up in the morning audio broadcast I did with Fausto, but ultimately you know, you follow certain folks around online and whether you watch TV online Whatever it may be a couple folks I follow online I you know put some weight into and I saw some like financial number between like the 10 and 3 month treasury notes Some graph and and historically where you know after a certain point coming up You're anticipating a further drop within the market and it's crazy to think back given the drop that we've had for the past Year at this point right now, right almost a year at this point. It just been a non-stop drop for the most part and You know, you look for the bounce at this stage, but I don't think that we're gonna really get it here I'm led to believe otherwise now at this point. So I ended up closing the swing I had on Mara It was nice for a while it lasted, but I was initially looking for a lot more You know, you're always a little paranoid in case if you get out and then it pops higher and you're like, oh shoot Like there goes the swing. I just had I knew was gonna push higher But you know what at this stage? I feel like there's gonna be a little bit more time in terms of gaining a real Long-term swing long-term swing not shorter mid, but a long-term swing. So I closed out on Mara I feel good about it now right this thing dropped off pretty quickly after but that was also in lieu of the spy dropping here at This point going into the afternoon So, you know, I'll check back in with this treat with you folks on Friday in terms of the swing trading course that we're launching Live 12 p.m. Eastern on Friday, but you know, otherwise the you know We'll follow this day today. That's all All right, let's see what else we got here folks current time to 46 my mouth has been running dry since 231 So let me know if there's anything else up down left right more than 5% that you would want me to check out I got one for you. I'll see what the chart looks like. I just saw it from Benzinga pro popping up Looks good MPX right now making a big pop. So hey right away no brainer. We're gonna put this on our watch list here Not to say a no brainer of a trade as in like easy because this is a pretty thin order book but it seems like a relatively new IPO so I Don't really see too many historical levels on this trade. That's the issue on the stock I mean, I'm sure there's something to work with here if you're really squint and focus But you know, nothing that looks too obvious for right now. Let me just double-check news here for a MPX Ah, there we go. All right, so news came out at 242 Eastern time a MPX among the first funding recipients from Biden administration's bipartisan infrastructure law It looks like they were awarded a $50 million cost-sharing grant From the US Department of Energy's Office of Manufacturing and Business Supply chains It's long for as dries my mouth is right now. So with saying that I mean nice reactioner from the market Of course, it's already up 48% But they're making a really strong push here almost like a Fausto flex building off the top right now around that 430 You know, you got to really see this 930. I should say my apologies But you know, you'd really want to see this top this 930 level below right now strong pop You want to see otherwise if this pulls back down pretty quickly below that top there 930 Be on the lookout for a bigger shake down. So it looks strong for the moment. There's our pop looking pretty good MPX all right. What else we got here MVST is already on our list Check out. I think there is one or two. I said I was gonna jump back to on the side list there But I'll be honest with you. I don't think I wrote it down I have a bunch of stocks. You're on our watch list for the meantime two four six eight ten We we got a full house. We got 12 stocks to work with I mean three of them are all within the same sector the Chinese EV companies so, you know, you're not gonna look to trade every single one of those You know collectively if you pick one then go with it. They're all gonna move together This is making a hell of a push right there perfect timing perfect pop off that 930 You know for a grant or Michael or Chuck or any one of us inside the live trading room I hope that you folks were able to grab a piece of this thing even if it's on small shares Volatile so, you know, that's why you want to do small shares at least with it already pushing up as much as it did But that 930 was a pretty strong top for the Fausta flag there This might get halted soon. All right, folks, I think that's gonna wrap it up I don't see anything else across the live trading room the AMPX right there We went over the OLPX also we're still focused on that's breaking new all-time lows right now It's still dropping off for anyone of any one of us on social media Facebook live YouTube I always post my email here at the end of these streams So if you have any questions feel more than free to send over a quick email Josh at C2 trading calm again Though if you wanted to listen to Fausta live, he's he's doing a two-day master course right now Actually go right to our home page that being cyber trading university calm and you'll be able to still register for that event He's doing it live, but if you register right now, you'll at least still be able to receive that recording Michael here inside our live trading room calling out BTU his favorite stock Down over 7% Wow dropping off pretty swiftly. I like it. Yeah, I'll put this on our watch list for this afternoon Mike Good call. I Don't like putting too many stocks on our list. So we're gonna Close it out now. That was a good one though. Mike. I like that one All right, folks But aside from that for all this inside the live trading room rich will repost the link for the phase one stock course once again Very timely rich. I appreciate you for any of our bronze students and above make sure that you click that link right there So you can get access to the class ahead I will make sure that I refilled my water bottle before I start how about that alright folks for all this just on YouTube Facebook live I look forward to catching back to you folks tomorrow for all this inside the live trading room best of luck trading here We're heading into the market close. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge For just nine dollars do it today