 All right cyber traders welcome on back here this Thursday and June 3rd shortly after 2 30 p.m. Eastern time welcome on back here for our Afternoon meeting let's get a quick soundcheck just to begin make sure everyone could hear me loud and clear as always I should be good to go live inside the trading room just ended up seeing a bunch of our students Give me a chat back earlier like Bonnie Norman Leda Kathleen Randy Stefan great to see you all And for all of us in social media Facebook live in YouTube as always welcome on back so without further ado We got a lot to talk about like we did from yesterday But I want to start by giving a couple of shout outs to a couple of our newest students here at cyber trading University Actually welcoming aboard today. We have John D from Fanwood, New Jersey and alongside him We have William T from Redlands, California Welcome aboard gentlemen and alongside that for anyone, you know That's still interested in learning more about cyber trading University. Just do yourself a favor either way Just make sure that you talk to your education advisor That's practically the middleman between yourself and myself yourself and of course Fausto himself there So, you know, just make sure that you talk to your education advisor If you're looking to learn more about what we're doing here day to day inside this live trading room or otherwise in our classes So, you know, just to begin the Mara stock. I had it up on the screen one of us just commented on riot dropping off getting hammered that was the Verbatum quote from one of our members Brian, right? So alongside riot Mara, you know moves pretty much similar with it So I just had this up on the screen to begin nothing really too much right home about at the low of the day Perhaps you'd think with it at the lows. It could be a good short But we've seen this song and dance happen all the time, right right folks I mean more so when stocks like riot and Mara are up or down big and their respective, you know Directions heading into this very time of the day Well, they rarely break out. Look what happened two days ago with riot. We had this on our afternoon watch list I told you folks. I'm gonna put it on our list. I'm cheerleading it on I'm hopeful to see this run like we would hope for it to you know, like like other stocks But rarely do we see riot and Mara the Bitcoin? You know mining affiliated companies make a continued move into the afternoon And I mean like a real move not just like a crawler going into the close So hey, it's down right now heading into the afternoon if odds tell us that it's more likely to bounce Maybe I will put these on our watch list at the end of it all I'll just put these on the side to begin both the Mara and the riot. Let me just get the Bitcoin quick I didn't have it up yesterday. Nothing really to write home about here as much But I'll just briefly show we ended up seeing Bitcoin make a small squeeze up Just from the beginning of this week after Memorial Day and more so heading into like, you know This morning even early pre-market and before that we saw a nice squeeze back up But after like nothing really happens so pretty interesting to see that you know Bitcoin hasn't really dropped that drop back down that much since pre-market this morning However, you could see riot and Mara are making a steadier drop so far I have the spy the SMP ETF also on the top left side of the screen the five-minute chart window So hey markets aren't down Bitcoin hasn't like really crap down too bad I don't know I feel like this could be in play for a bounce unless if the markets do you know drop off later on here So we'll come back to these you could also see on my chart here not the five minute, but the one minute AMC I Only have it up because if I you know turn to AMC here It's actually gonna lock me up freeze me up So I wanted to show this just to show you folks where AMC currently stands going into this time of the day You know, I'm more interested in trading Blackberry. I'm more interested in trading workhorse You know other quote-unquote reddit stocks that are much cheaper that you could trade a lot more shares of You know, they move similar in fact actually if I could just jump to Blackberry here BB You could see AMC stronger across the whole day It's you know pretty close to the high of the day broke out higher here Whereas Blackberry really you know didn't make that big move up to the high of the day off of 2017 But relatively similar move both dropped off at the same time both bounced roughly from around the same time You know for right now I feel like just all of these will kind of keep on the back ends if they end up making a much better We're more decisive move up or down from where we're looking at here Then I'll be more likely to put them on our list. I just think for trading 480 million shares across the day today. I don't know. I don't know folks I mean hey we say that about a stock trading 50 million shares let alone 30 million shares You know every stock is different based on the typical volume day-to-day trades the float etc But either way, I don't care what the float is for this stock to see this 481 million shares across the day Odds are it's gonna be exhausted. So, you know for right now I'll actually kind of keep these off the main list for right now and we'll come back to them at the end All right alongside those though We have another stock that did pretty well for us earlier today the tell stock And actually right now I'm in the straight in from 540 as a short believe it or not odds are just Since this hasn't tanked yet from where I got in probably gonna take a two cent hit I have a stop set at 542 so I don't care about the loss if that happens now at least from this morning ended up pushing up really nicely I think they ended up inking some like 10 year long-term company agreement I don't know with who but that was the news that came out the headline It ended up leading to a nice pop early in pre market, but here's the thing Heading into the market open I say this all the time in class and I'm not going to go too in-depth right now because I don't really have the time It's just to say for all of us in social media if you're looking to learn more about what we're doing here day to day Our trading strategy as a whole you got to join us live inside our trading room Go right down to the link on the banner below just to get started on a simple trial But nonetheless this stock was you know moving up early in pre market I wouldn't have necessarily said it was like trending up leading into the market open That's a phrase. I'd like to go over quite frequently in our classes traders talk, etc But nonetheless this ended up making a great drop-off after 9 30, right? That's why I had started with that because it was moving up nicely going into 9 o'clock But man after 9 o'clock right at 9 o'clock afterwards It was just flat trading in a tighter range. So it led to some indecision on my end I didn't know if this would make the big squeeze and pop and break out that you would want Ended up making such a big move from the last you know a few days really the last couple weeks So at some point it's got to come back down Well it took a little bit but it ended up making a great short opportunity You know from this morning dropped off from roughly 590 all the way down You know bounced off of five and now at this point It's been lingering around this five dollar forty cent level. I just got stopped out You could see right there close button and just disappeared. That's one actually in fact on this trade I'll put this on our watch list. You know for the meantime trading 51 million shares across the day definitely a lot But I feel like this is a really good level not 540 in particular, but like 540 542 If you look back on the volume bars here just over the last 15 minutes We ended up seeing a 100,000 share print a couple of them in fact right at 542 a big iceberg order that was on the ask So, you know, hey, if we keep seeing that type of buying off of those price levels the lines I have on my chart I'd like to think either way up or down and I'd assume up at first But you know when we see a big volume level get filled I I'd expect a big move after so I'd hope to see this pop and run now at this point since I got stopped out of my short More buying coming in off of 542 Now if it ends up making a false pop from 542 and drops right back down I mean I say it all the time for these types of stocks folks the ones that are shortable at least If it craps out the other way much like it did from the market open this morning ended up leading to a great short Same thing could happen here Again respect the trend first right now. This is you know still well It was dropping off here, but moving right back on up So focus on the pop now at this point, but if it ends up making that false move Don't be surprised if it comes back down a little bit lower All right, so the tel trade definitely makes the cut for right now You know what? We'll just go from top to bottom at this point the EF oi stock ended up making a big pop from earlier I think it got halted on the way up. I don't know what the news is here But ended up dying off as you could see I mean, you know perhaps I'll get a second wind type of move heading into the last hour of the day But we're not like that interested in that really I mean just goes to show and I'm just gonna jump to this Now is probably on the gainers end But VT and R right I mean god bless this came back today, but you know I had someone two days ago asking you know Hey, is this gonna go back up to 12 by the end of the day and that was like right here so it's to say just You know, although the stock made a big move up once Doesn't mean it's gonna make another big move up later on just because good news came out Doesn't mean the stock's gonna make this pretty perfect move that you would want it to make in fact You know given how much this was dropping off here this morning popped Well, once the once the steam ran out on the way up this thing ended up dying off quite a bit, right? So, you know, you just got to be careful for things like that. I mean not just on VT and R But the EFO why you know all these others Getting back to VT and R here. I mean it's up 12% would have found it on the gainer side here at some point Yep, 24 It was looking good just until literally as I turned over to it It looked like it was trying to make a move back up to 950 And in fact, I think it broke over 950 in a false breakout Came right back down Damn that sucks to see so that leaves me to think that this is not nearly going to make the type of move that we would Want it to make at this point after that nasty drop? Again, I'll keep it on the side have more stocks on the side list than the regular list so far But you know, we have a lot to get back to once we finish up the scanners here I just want to be very picky here so far heading into the end of the week Seeing GTT another example of like a VT and R failing to break out upward ended up making a beautiful run for us this morning I mean, I mean really this was one of the better trades from today actually ended up breaking out nicely off the 350 level You know pre-market buying off that price, you know ended up making a nice run almost up to five You know so to see a $3.50 stock do that although we catch it here in the trading room quite a bit You know for the regular trader for an inexperienced day trader that doesn't know how to fish for themselves Then seeing this type of move is really rare then right to see a $3.50 stock make as big of a pop as we had here Unfortunately, though these types of stocks die off quick just like I said on EFO why same thing right So pass on GTT for now although again good move from early earlier today, maybe keep it in mind It's like a sideless stock Same with the leads leds leds Unfortunately, the wheels fell off on this trade rather quick ended up making nice another nice steady trend at least before it died off So, you know, although this stock was extremely dangerous volatile. I mean, I say that just look at the order book This thing's I mean almost blank. You have just very small orders. They're spread out So that's not the type of stock that I would be too jumpy to try and trade Well, although it had all of that Ended up having a really good trend maintains a beautiful trend off the lows heading into the mid to late morning But again, though, just like, you know, if you think that you're there at the right place You got to account for being there potentially at the wrong time because what happens if you end up jumping into this trade off of? 20, you know What if you're expecting another big move and a pop and a run up from 20? I mean, I wouldn't have expected that But nonetheless it ended up dying off right afterwards So if you're not prepared to set your stop and if you're not prepared to get out on a false move Then it leaves you hoping and holding so, you know myself and Fausto We always advocate for new students joining cyber trading University just honestly stay away from stocks like these You know, trade it on one share just to get the feel for it Perhaps, but you know, don't try and just trade this on, you know 1,000 shares 2,000 shares without knowing what you're really like doing out there You know, you want to gamble go to Las Vegas go to Atlantic City if you're on the East Coast I like blackjack the big blackjack guy, but from 9 a.m. To 4 p.m. Eastern time Monday to Friday. I'm not here to gamble So, you know, at least from this point you have to be very conscious of what happens if you're there at the right place at The wrong time and obviously saw this thing fall off. So I pass on it for right now Work or a nice, you know pop from this morning ended up make a nice squeeze up so far going into the afternoon Obviously fell back down, but I was pretty hopeful to see the opening bell print 1440 act is a really strong level today. I regret not jumping into this trade I was like sitting here like looking at this stock and right at this point I was gonna buy this once it broke over 1440 here. I was going to I was a little hesitant and not really the best time To be trading so I held back Unfortunately ended up making a really nice squeeze up at first without me I mean for the most part it's been holding that 1440 quite nicely going into the afternoon up until just recent broke below it here You know, I feel like all these stocks can trade somewhat similarly I mean workhorse maybe less correlated compared to AMC and Blackberry perhaps feel like these two, you know trade together Pretty well, maybe tossing a bed bath beyond just shooting from the hip there See the squeeze up the pull back down there at least, you know what I mean So you don't want to make sure you don't want to think that they're all trading exactly the same workhorse as an EV stock Maybe check out some of the other EV stocks that are moving. So let's get back to workhorse here quick Looks so choppy. So I'm not really that keen to put it on our main watch list just yet Look at Nikola this thing's on the losers list down over almost eight and a half percent at the lows Hell, this would be a really good short You know shortable on trade station, but you know what I mean while we're at it put Nikola on our main watch list for right now I mean, hey, if I can't short it I'm not gonna not put it on our watch list for that reason right if you folks that don't have trade station Maybe you're on toss. Maybe you're on interactive brokers Check check to see if you could short this It's a really nice drop-off so far and hey if it doesn't you know break down any lower If this doesn't follow direction then maybe we get a dead cap balance perhaps that would be a play personally I'd be able to take at least but either way just you know great stock to follow more on the way down so far I'd assume major support broken. Yep at 17 1701 and big support just got broken here All right, cool. That was a nice one to find actually You know what actually that's gonna jump back to the other Evie stocks like ride like Neo Expev doesn't really seem like those are really moving that great Alright Nikola will put on our list at least out and set the lows dropping off quite a bit workhorse. Just too choppy I love that stock myself, you know, it just goes to show just because I love it doesn't mean I'm gonna put it on Our list for everyone else, you know, I like the stock as a daily play But right now that workhorse just not looking that great All right, so we'll skip around a bit just see what else we got on the gainers end here folks The VBLT trade ended up making a pop and drop from three just a moment ago But it's still holding strong towards its highs again, maybe I'll come back to that at the end if we need to Zom here familiar name. You've seen the stock make another a big squeeze up back in like I think it was like March Time February time here. I'm not doing a whole lot. All right Let's see what else we got here. We'll kind of skip through like I said Ato's Ato's is shortable if it craps out the other way Ended up making a nice pop over 450. So I guess holding over it right now But it looks relatively weak on the way up This might be like kind of the the short opportunity on the way down heading into the close We'll see but I think I'm gonna put Ato's on on the list for the same reason as I would tell Just cheap tradeable good spread both shortable if they go the other way Maybe I should have stayed in a tell short actually Maybe I made my stop too tight there The 10 trade I feel like Fausta will yell at me if I don't put this on our watch list I have joke when I say that he's not gonna yell at me But he had a really big interest in this trade heading into the mid to late morning It was holding well practically at the same prices. It's at now. So You know what I'll put this on our main list looks a little flat But otherwise check to see what happened after 230 trying to make a squeeze back up over 21 Perhaps this could be the beginning of a new slingshot on this trade Right, let's see what else we got some other familiar names Tiger Mosey, you know former runners in the past, you know a couple weeks Tiger today beautiful move pretty flat right now Not as close to the highs Yeah, that is VT and are ugly I hate to say it but this one we're probably gonna write off now at this stage After that drop from 950 I would have wanted to have seen a really big squeeze back up in a short amount of time Doesn't look like that's happening just yet CL&E You get a lot of stuff just pretty weak right now folks markets flat, you know, it's like trending Sideways for the most part. So there's nothing really that's moving with the markets as much or at least, you know, clearly up or down Canon familiar name. I loved the stock from earlier this week ended up making another nice move off the 1050 level I mean it held tennis support broke over 1050 Great run nice nice trade, but yeah for right now. It's just like dying off a little slow little week It's not the type of stock. I want to follow here All right, so I'll tell you folks not to sound lazy But I'm done with the gainer side at this point Just checking out some other names on the losers list and then folks like for us on YouTube like RJF and Andrew You know joining us to your live. I appreciate you sticking with me here each and every afternoon But if you have stocks that you would want me to look at call out just type it in the chat board I have a recommendation on OCG and just asking if it can make another push back up Faye, I forgot about this Faye fire. I I don't know. I thought this was earnings. Let me just double-check You know what I could do today. I'm gonna do this How about this? All right So what's up with Faye here the news on Faye Faye trading lower after the company announced the sale of fire I products business to Symphony Technology Group for 1.2 million. I Guess their product line got bought out not the company itself I don't believe if they sell fire I products business to Symphony Technology Group for 1.2 billion Announces 500 million dollar. Yeah buyback program. That's what I assume they meant there Yeah, 500 million dollar buyback program So that's more so the main reason as to why they're dropping off in my opinion any time you happen to see a buyback announced They'll tend to like, you know drop the price down a bit So you'll see some sell-off with that in mind Faye's been dropping off here so far heading into the afternoon The thing that catches my eye. I hope it catches yours right away, too This big spike of volume. What happened here? I mean, it's in a 5 cent window between 1875 and 1880 But you know 600,000 shares almost right at that price. So I'm gonna just take a quick look Let me ask you folks for RJF for Andrew on YouTube for all this live inside the trading room, of course Where's the big volume? Where did the big volume get filled? Look at the trade station matrix What sticks out more than anything else there? David C says 1879 absolutely, I mean, you know, you could look at the numbers here. That's not what I was alluding to Look at the volume bars that shows where the volume has been filled across the morning across the day It's hard at times to like get a read on that unless if there's like a massive, you know dark pool print or just you know Institution print like that. So, you know, this makes it much easier to see in this example. Let's see what happens off 1879 definitely like the stock. Yeah, put this right on our list fire. I cool All right, so what else we got bed bath beyonds express the reddit stocks are down percentage wise here so far Although they started to squeeze up at least going into the afternoon. You can see AMC has been diving back down since we started this meeting So is he blackberry bed bath beyond going with it blackberry is just So rugged so choppy. So I'm not gonna put that on our list now All the others just are on the loser's list like express costs, you know, etc You know express wiggled up a little bit, but not a whole lot happening since the cost trade I mean, this is like the perfect example as to why like new students, you know new trial members like Brian or Meninder and everyone else that's joining CTU here Kelvin one of our newest gold students just joining us here today as well Kelvin Jay welcome on a board This is not the type of stock that you should be trading at first Why do I say that look at the order book? There's no icebergs on this trade no real volume That's trading the stock. It makes a lot more difficult to try and interpret What's the point of trying to trade a tougher stock when you could trade a much easier stock? That's it, right? All right, so see what else we got the education stocks here are on the loser's list edu and tal down 12 to 13 Respectively, I don't know not really much happening there. I guess Lizzie off of I think earnings from this week actually from yesterday a big runner from last week as well and dropped off a bit It is shortable. Just kind of flat though and like kind of slow Folks, I'll tell you I think that we're pretty much all set unless if there's anything that I missed up down left right more than 5% Which I always toss it to you folks in the chat board. I just let me know from RJF on YouTube first I forgot about this he was asking do you think OCGN can make another push this afternoon doesn't look it Does not look it Yeah, I mean I was in this trade from earlier today. I was in off of 915. I was looking for a run I got a small push, but not much more than that So I ended up getting out like five cents six cents I think even just not much to give on the way up there You know not really too particular about this trade heading into this afternoon, but I love OCGN is like a daily play So, you know, I'll be interested in that come tomorrow morning. All right I got nothing from the trading room nothing from cyber group right now, which is fun Means goes to show that I touched all bases. I think unless if there's really anything that's like Legitimately popping or dropping right now. Let me just look at Benzinga pro Just bring this back up one more time check out the signals page here No real like familiar names that are making a real pop. I mean maybe ACAD Up up we got some action here OEG Actually, let me take a look at both of those OEG first. That was the big mover that we had back from what yesterday Two days ago. I don't know. It's like at the highs. Just, you know Tradeable don't get me wrong really good spread good liquidity given the range that this stock made from the last two days I think it's possible that it can make a pop Just be careful if the volume dies off though from this point because again Although this has a tight spread same rules apply, you don't want to be stuck there at the right place just at the wrong time I'm hoping it's gonna pop when it doesn't so I'll put this on our list Just be careful where it's at right now practically off the high practically off like 517 515 resistance there Acadia pharmaceuticals ACAD. Oh, this is popping up pretty nicely here. It's up 3 plus percent so But at the same time as I say that a gap full opportunity look at this daily chart You can see two big gaps. We're not gonna get up to 42 or 45 here But you know stock ended up making a big gap from there down towards 25 or you know shortly above there And then another big drop going back into the beginning of April. So, you know what? I like this gap full opportunity We're hopeful on GOED being a gapful today. That did not happen So maybe this will be it from William D ADMP nice pop. Good call. Definitely needless to be said right there Makes the cut Really good call. Yeah, this one was screaming on up here AST no not a STC ASTS here Worth watching too slow So, you know, I like it. No, I like this a lot later. I mean it. Yes. Hello, but Good spread and good volume on the order book, which you know, you knew I was gonna say But what I like about this stock is that this stock has a huge range on the daily chart across the last You know a few months from this year. So ended up running from like seemingly 10 11 ish up to 24 plus back all the way down and I Mean just to see this type of drop off from 24 down to like maybe we'll call it seven here and Perhaps it can go lower over time. But just any time you see that type of drop steadily it leads you to ask like When's the next time this is gonna make a squeeze back up like you look at stocks like Tilray you look at stocks like space and I can just go through the list here Just any time you have that type of range it leaves the opportunity to be available when it presents itself. So And that ASTS trade later. I'll add there. I think that will just about do it Listen, if AMC makes some miraculous run right now into the close Then you know that we'll be following Blackberry. You know that we'll be following Blackberry at that point Tina I'm gonna jump off the mic now. I'll post the news in a little bit for you. All right regarding ADMP Let me just check out the side list stocks before I wrap up actually Mara riot My guess is that we'll see these squeeze up into the afternoon But I'm not really too jumpy to put either on our list right now. I like some of the others I like all the stocks more so far that are already on our list VT and our same thing someone looks dead All right, folks. So with that in mind, I'm gonna call it a show for today We got two we got four six eight nine stocks to work with work with your so far heading into the afternoon For all of us in social media as I mentioned before I appreciate you sticking with us here each and every day each and every afternoon Afternoon with myself if you haven't had the chance to do this yet Just make sure that you like subscribe notify right on our YouTube channel that being youtube.com slash cyber trading you and again If you haven't joined us so far feel free to take our trial to our live trading room You can just go right down to the link on the banner below to get started. All right I look forward to seeing you all there. Take care