 Good afternoon everybody all of us on social media Facebook live linked in Twitter YouTube great to have you back here this Tuesday afternoon For all of us back on social media back inside our live trading room went flip-flop this time So for all of us back inside our live trading room great to have all this back here joining us here jith Leda Brian Beth ravina Kathleen and all was just joining us out there So folks for right now. It's been a pretty active day all together We talked about the morning inside our live workshop just before traders talk right so we conducted that inside our trading room We have the recording of that that will be posted on the student dashboard coming up in just a moment later on today But Palantir was one of a couple of stocks that we really kind of analyzed from A to Z from head to toe So for right now just normally as we would say for a stock trading near or at the highs heading into this time anyway Looks great. We're gonna put this on our watch list just to begin Not just because we were talking about it not just because I'm in it right now. This is the only stock I'm actively in We'll go over the last trade I just took a moment to go here, but you know really from the morning You could see all of my lines here right if you want to know what all these mean We just talked about it in traders talk a moment ago But we called at the bottom off of 865 big iceberg order that got pulled from the book in pre-market prior to the open But it led to the bounce that led to the bottom and led to the eventual slingshot back up and over nine back up And over it's opening print 920. I don't have that plotted here But nevertheless ended up leading to a huge run So you're expecting the top around 950 950 3 we saw it retested heading into the early afternoon Myself and Donald when my students had called out the false breakout at first on the retest But hey the more times like we just talked about in traders talk in which we happen to see a stock retest retest in a smaller Concentration it leads to the attempt it leads to the entry so I jumped it off 950 right here And then from that point I survived to shake down I could have taken a loss It didn't stop me out my stops at 943 for the meantime, but you know hey Well, let's bring up book map right now level four And yeah bounced back up thankfully for myself on this one trade But we were hopeful to see that because well the stock was testing 950 even from the after hours yesterday You know showed some good buying interest off there at first So the hope is to see you know the more times it kind of tests it tests it We should get the pop in the eventual You know well hopefully move up higher up towards the major resistance up top at 10 Looks like nearly like three-quarters of a million shares if not more up top at that $10 level So that's where I'm hoping for that to go Definitely in the meantime, we'll start by putting this on our watch list still looking strong off its earnings All right, so Palin tier is one that's looking good still Envax not so much right we talked about this early from the morning popped up really nicely going into the market open Kind of took us by storm heading into Fausto's morning meeting earlier at 9 a.m But led to a huge pop we called this out perfect here to talk about this and traders talk as well off the 950 level there as well This ran up a lot higher than I thought it was going to push up towards at first So I left some money on the table, but it's not about how you exit it to matter of how you enter the trade Because that gives you the chance at least for profitability to make a trade and profit You know if you trade in between levels and shoot from the hip You're gonna just give yourself a headache at best and at worst you're gonna give yourself a fat loss Now at this point on the straight I was hoping to see a bounce around this like 945 950 where we initially called it I don't think it's gonna make that real bounce. I'm looking for now. I think this is more exhausted now at this point You know, it's up over 28% perhaps it could bounce from here But I feel like right now We just want to have our focus more towards stocks that are at the highs or near the lows if it's a good short Perhaps I mean technically this could have been a good short hard to borrow from you on trade station And it's a big on the day off news. So we're not trying to net trying to necessarily do that I was like actually just looking for the bounce here. I just don't think even if we get one It's gonna be worth our time. So, you know, I'll write this down on our side list here Nova Vax here Take a quick water break in between. Let's go from top to bottom right now folks See what we could work with and there we go SFW L looks like a buyout. I didn't really notice this trade until right now So certainly not a buyout a big and trading like a ton of volume I just didn't really notice it so I kind of assumed but you know what they say when you assume So with that said, I mean, I guess it's making a pretty strong bounce off of eight nearly two-point bounce, right? If not more actually so it looks like a new IPO otherwise just looking at the daily chart lack of historical data here I have no need to follow this folks. It's on like a 20 30 cent spread right now. It's just You know, hey, we are not here to gamble if you are here to gamble then I guess it could be a good stock for you But that's not what Fausta myself advocate here on a day-to-day Palin tier even if that doesn't make the bigger pop-up to 10 is just way nicer move trader trading a lot safer much more liquid All right, what else we got here TCRX. I'll tell you I mean, maybe I could have jumped in on this TCRX a few times off this 450 level But uh, you know, hey between Novavax and Palin tier. I only I could watch so much right and just like you as well So I personally missed out on this trade a bunch of us took advantage of this when Fausta was calling it out earlier I mean he hit the nail on the head during our audio commentary after the market opened up that halted a couple times there But otherwise, yeah, I mean hey if it's not one it was another it was a great day all together to be You know just inside our live trading room So for right now for the afternoon just I feel like it's holding under resistance at five the VWAP here just pretty much I'd say it's done Stock I kind of missed out on just before here the CLRO. I called out the iceberg order I took a little profit, but it was when I pulled back. I thought it was just gonna shake a lower at the time I guess it held and moved up once more It just it was a very big tease across the morning throughout the afternoon today looking for that higher low never got it And you know, you were hopeful to see this be the big runner across the day not necessarily like TCRX or SFWL What not so Yeah, and for the afternoon now, I feel like this is kind of a rabbit's course already Maybe by 330 if nothing else is looking as good and this is holding, but that's a big if All right, what else we got here, what is this swim lethem group interesting name I don't know the company either either either way a stock took a huge hit looks like from last year new IPO roughly Am I wrong with that? Yeah, kind of from 2021 35 all the way down that's a big drop So, you know, Fausto was talking about this during our commentary earlier today for Jeff and Jeffrey Revena and Lita, you know, just for a stock that got crushed like this It provides an opportunistic squeeze just you can't hold your breath Guaranteeing it's going to be this day or that day. You have to see it play out first in pre-market mainly Looks like this though ended up really kind of just pumping up after the open So better to find it now here than to not find it at all. Hopefully there could be more room on this trade I like the liquidity it checks out pretty well. It's not on like a ungodly spread Uh, just trading a very low volume per minute right now. I just wish that was a little bit higher But hey, maybe more eyeballs will catch on to this move here. So, you know what? I'll add this to our main list give it a shot All right, where's brian who's got a shout out my friend brian here on a legavalin No, uh, what is it long everon? I keep forgetting the name brian. Uh, the scotch whiskey though, I think right, uh Legavalin, I think it's called right. That's our favorite. So with that nice little trend off the lows here across the day It looks like a big fowstow flag kind of just brewing here Uh, you know, we are familiar with this stock So if we weren't as familiar with it, maybe I'd be more hesitant But I'll add this to our list just because we did take full advantage of this pop here back in end of 21 Beginning of 22 my Palantir trade pushing up pretty nicely here. So that's looking pretty good still Um, yeah, lgvn. Why not? We'll give it a shot now. I had this on my list in pre-market Not the main list like my notepad But otherwise I kind of dumped off didn't make a big move just yet. Maybe there could be a lot more left to it All right, let me keep it going here folks yma b vy gr Not much really to him Novavax talked about already not really too keen to follow that. In the meantime Can't take a supporter There we go Uh, ensc I just threw fibs up on this graph here just like kind of rushing going into the open This was a mess. I did not follow this really at all So like again, I had my attention more on the others that we've spoken about already Looks like it kind of pumped up here just after the open dumped right below support Where perhaps you could expect to see it and then from there once it smashes below it actually it's like game over. All right, that's it so All right Palantir we talked about now at like 959 960 so still holding pretty nicely there You got resistance on Palantir 10, but also at like 980 could be a subtle iceberg level for that pltr trade Blue up big today. We are familiar with the stock blue. This one always kind of flies under my radar personally Just I don't know why I mean just this stock took a huge hit over the last few years We called it out a few times over the last year or two Uh, but man, I mean I missed out on the run today But hopefully more to give here. We'll add this to our main list. Why not give it a shot again Put it back on our side list if anything for tomorrow either way Unless for tanks, but otherwise like just good liquidity cheap. It's always been a good stock to us This this one here blue And there's only so many that you could remember right like I I tell you folks to write down a list And one night and you know a lot of our students like, you know, tell me in coaching like, you know Hey, how do you like remember all these stocks? I don't you know, blue actually I forgot about so You know, hey earlier ravina and mike were calling out carvana and missed out on that trade from earlier While matted Yeah, up about 5% so wouldn't have found it really here on the gainers side as much There's probably a lot more up big That's where I'm going to need your help on social media and all of a sudden you all this insider live trading room So if there's any other stocks that look good up big or like on the way up, let me know Looks like for right now caravan is pretty much finished up with finished up with though here for the meantime Normally you'd want to see it kind of holding higher lows near the high of the day just like we talked about on pltr So kind of ran its course though for right now Uh big bear bba i forgot about this one. This has been more of like a level one stock as well I had this on my notepad this morning on my side list It wasn't like up big on the gainer side at the time up a little but you know Hey, it made a big pop after the open a little slingshot and still holding well actually this looks really good So add this back on our list here if I look at bba i I may as well look at like ai right Come on now, buddy There we go Uh ai up about like 3.9 percent is lingering around that 20 level I feel like it's a little bit choppy or not up as big as the other ones So we'll keep it with just bba i I know s o u n was like a dud today You know cathleen called out gf ai earlier just pretty illiquid not really too keen to follow that s ai is a dud So really hey, you know, we don't need to trade all the ai related stocks folks Don't force yourself to that because you're probably going to end up in a losing trade if you do You know, it just seems like bba i is like the one that's making just a nice pop for right now All right, let's hop over to the loser's list though here again If there's anything looking good just on the way up type it in the chat board Let me know right now, but for right now just a few stocks down big enough I'll I'll take a look at and shortable perhaps here. So You know omh just took a liquid pass on that trvn what goes up comes back down smx same deal blcm same deal, you know not to hold these overnight now, right? I En ti chrs chris will call it You know just liquid within our price range just a very flat. So not really showing good direction pass on that there Check out plug. Ooh big big spike of volume a couple of big spikes of volume at that not just one Uh, mainly I'd say eight. Uh, I don't think I had my level four my book map open for this trade right now So I shoot. All right. How about this? We'll do it live We'll do it live Looks like we're getting a bounce action on nvax. Let me uh Do something really briefly while we're at it there I'll check back in on nvax before we finish up actually and we'll we'll see if that makes the bounce from the level I was calling out just before just hit it there. It took a small entry Uh, it looks like a lot of that volume came in right off of 798 797 So that's like two separate million share prints basically or like nearly million share block prints that got filled Now it's on the ask so you might look at that like oh green buying I mean, this is down for a reason So I'm glad to believe that that could be some big shorting on the offer on the ask Uh, if it pulls back under 797 I'd say that's like kind of bad news or good news for a short actually So, you know for that reason hey, it's like kind of inching off it on the way up I'd be more interested in a pullback under it and for a break back below that 797 line. I just drew All right If so that could be a good short for right now add it to our main list plug We're you know familiar with and hey, I'll tell you what goes to show folks I'm not going to put personal interest into like what we put into our watch lists Because I say it all the time I've been saying it for a while now on this one trade So I'll say it here This stock has gotten my number like this one stock plug I just in the past I've historically not done as well on it I mean that's been more oriented towards the market open time of the day Uh, you know, hey if it snaps below 797, I'll still feel confident to attempt that trade Look at all the big money that got filled there. So if this fails to make this balance off of that level going up You know, what happens if it pulls back under it? I think that would be a good trigger for a short This doesn't look half that either. Uh sbsw down big It's like inching towards the low of the day Good order book got a nice order on the ask here perhaps trying to like push it lower This actually looks better where it stands here as a short compared to plug But it will put both on our list here. Look good Uh paypal how it's funny you got you know, it's funny traders dyslexia here for Paypal to be down 11 to 12 percent It's crazy how like prpl is just like right next to it. Couldn't like coincidentally enough It's a shame to like actually have that happen There are people that actually like short the other one too Expecting like that to drop off or you know, they might accidentally do it and like they make a you know Silly mistake either way, but it's just pretty coincidental Uh, p y pl though paypal obviously name brand company very familiar with uh, thousand took a tiny tiny loss on this earlier It was a great loss because you know, hey, he was charting a historical level looking at the weekly chart here But roughly off of I think that was 67 50 or 68 50 that could have been from earlier even Just it was a quick in and out and hey, what happened after just kept dropping kept dropping Even when you would expect bounce a reversal time to be around 10 30 to 11 it broke much lower So, you know, hey as a short certainly this could be a nice trade to work with into the close and You know, hey, maybe wherever the next support level is on the weekly chart might not be for a while But you know, hey if it retraces back up there that could be a potential swing over time Just hey not today For right now it could be a pretty good short as a day trade going into the closing bell here All right, so folks, let me know if there's anything else up down left right more than five percent markets are like Basically break even on the day. It's like, you know, I'm not doing a whole lot So if there's like really anything else looking strong in either direction, let me know Dish while I kind of stumble into this trade here dish dish tv This also looks pretty good as a short big volume just got filled also just earlier like prior to 2 p.m I'm not going to go back on book mat for everyone here, but I can kind of make the assumption I mean it's within a two cent range between 659 661 I've got to say It's the big volume that got filled here at 59 So if this could remain under 59, I'd say it's a pretty good short opportunity if it breaks back above it Then you know, perhaps if it builds support, you might see a small bounce, but I'd mainly focus on this as your key level All right, so that's a good one. Uh, let me know though. Let's kind of call here Him's not doing a whole lot right now. I mean made it to move from earlier just steady on the way down I don't really need a big list here folks at this point. We got Palin tier pushing on up right now strong push over 960 So still looking pretty good at this stage again 980 could be a level you even see it on my level three here On my matrix from trade station about 108,000 shares on the offer right now at 980 So, you know before 10 don't count your chickens before they hatch you got 980 first and then we'll see where this can go All right, uh chuck with nerve really quickly Of course before I lose a nerve and run out of air Uh nerve it's just too thin chuck not really too uh keen to we got we got a good list at this point So unless if there's anything that is as liquid as we've been looking at and also at the highs or at the lows I'm not going to be looking to follow it Now I'll be rooting you on if you're already in it. So, you know, I'm always loving out of fighter So if I'm not putting it on the list rooting you on All right folks, uh, I guess I'd said I'd go back to nvax. I set my stop So that was a quick in and out You can see how quickly that broke lower. I took a quick entry right off of 945 ended up just getting stopped out Looks like just a second ago. So I set my stop at 940. That's it. So Definitely definitely at this point now not just because I took the loss But if it's not going to break higher and make that big bounce up Hey, there's only one other way. It's going to go. It's steady on the way down So, you know, if you could short it, that's one thing, but otherwise I'd scrap this off your list as well refined without it So in total folks, we got two we got four six eight nine stocks to work with we're fine All right, so for all of a sudden social media. Hey, uh, just look to check up on our youtube channel coming up over the next 24 to 48 hours We're going to post a couple of clips from our trader stock workshop little If at that if you have any questions, feel free to shoot me a quick email josh at c2 trading.com is my email I always like to post that here at the end of these streams But for laida and for jeff and ravina and laida and all of us there right now Hey, I'll be in the chat board up until 3 30. So, you know, hey, if I see something I'll say something and likewise for you folks. All right, I'll talk to everybody coming up. Take care