 Alright folks welcome on back here this Tuesday afternoon December 21st heading into this Christmas holiday great to see all of us live inside cyber group Donald Kathleen included as well Michael will John Mark and all of us otherwise live inside cyber group welcome on back and if you're joining us on social media once again Facebook Live or YouTube seem to be set so for right now I'll tell you what it's been a really nice morning so far and you know it's been a kind of a quiet afternoon BFRI is keeping us awake but you know that's to be expected as of right now the spy is still holding strong near the highs this BFRI stock trying to make one more pop hopefully a lot closer to 13 and then plenty more perhaps heading into the close so what we'll do is start on the stock that BFRI trade to begin and then we'll pretty much just go right from top to bottom we'll recap any of the other movers that we caught from earlier this morning too. So BFRI I'm not going to take as much time here because for Grant and Bell and Kathleen all of us in cyber group you know you folks were there in trader's talk earlier today so we covered this trade from A to Z from head to toe you know I have all my crazy lines my chart here which is a little cluttery actually so I'll zoom in. It's just to say this 11.96 was a really important level from the morning this stock ended up getting halted I think two times total and then when it reopened off the second time I don't think you got halted on the way down did it it ended up just kind of just dropping off gradually. Maybe it did get halted I forgot this thing's been through the spin cycle today up and down it went and as of right now trying to make a move off of the exact level I just referenced 11.96 to 12. So that was a really big print level from earlier this morning and well if I zoom out. You could see for the most part after it broke under it it's it did a great job of holding under that price as resistance broke under that support line tanked from it. It ended up actually making a beautiful bounce right off the previous all time high that we ended up seeing back from late November right at 1040 the purple line on my chart. But nonetheless with higher lows we continued to see direction and we're hopeful for this stock to retest the 11.96 to 12 level as resistance but we're still pretty hesitant I would anticipate a false breakout the first attempt. And you know what it ended up blowing right through that level at first so the hope is this when a stock just makes a sudden burst above resistance even if you're expecting a false breakout. If it runs from it I would like to think it has a good chance of holding a support doesn't mean you place an order on the bid and kick your feet back and assume that to happen. No this ended up making a nasty shake under it but right back over it. So once it broke through this level on the way up started to make the move and then right over here did practically the same exact thing with a smaller shake to it this time but it just goes to show strong resistance is now strong support. The news out on BFRI I don't even think it's like news news but it's to say that there is some article being circulated from seeking alpha and they're not the most reliable with news but we've seen it happen before where they issue some block post saying that you know based on whatever data they have that they're led to believe it can make a giant short squeeze and run up to like 40 bucks that's actually the headline of the article that was being passed around this morning. Well hey we're really familiar with this BFRI stock tip again just look at the daily chart really since it started to break all time highs going into the end of November that's when we started to trade it trades a lot of volume. Look at this thing go nice pop back up here I would assume for this to false break 13 at first just like I said at 12 and 1196 but we'll see what happens here for right now definitely going to put the BFRI stock back on the watch list. A little suggestion I wouldn't hold your breath waiting for 40 you know what I mean I you know we saw this happen I think it was on GMTX last week right GMTX look how crappy the chart looks on this one but it's to say that on this day we're big red candle here bar there was a big pre market pop news out on it was that HC Wainwright firm they ended up announcing a price target of like $20 a share you know what I mean if you held your breath waiting for 20. So I wouldn't wait for 40 I wouldn't kick your feet up and assume it's going to hit 40 you know the more it goes and it's just more of a gift. I would wait to see the first test of a major level and anticipate a false breakout like I just said so we'll see what happens at 13 but definitely for right now we'll keep this back on our list here BFRI. Alright so what we'll do is just keep going folks I mean the warrants are number one on the gainers list technically the BFRI warrants are up 164% and a hell of a lot more compared to the equity but this is just too illiquid just nothing on the order book. Giant 40 cent spread if you trade this after this meeting you are gambling and you know that I bring that up because you know I have traders that send me their trade journals and as a new student you know we really hammer this point home. You really shouldn't be following stocks as a newly enrolled inexperienced day trader with this type of order book. It's just a huge risk a huge gamble not much upside to it so obviously this has a lot of upside in terms of the percent change move from yesterday but I'd rather trade the equity the BFRI regular. Alright with that said RELI we ended up talking about this at the end of our trader stock workshop our weekly Q&A like I said we you know went over the BFRI in full. This one you know we ended up covering at least a little bit you know broke above 650 off a slingshot but once it reopened up off its own halt it ended up completely tanking so from that point I mean dropped from 8 where it reopened up the yellow line all the way down. Let's try and catch the following night for your folks. Yeah I'd pass on this maybe keep it on your side list for tomorrow you know if there's you know more buying and signs of life to the upside tomorrow you know keep it in mind. See if there's anything looking a hell of a lot better right now BFRI we already talked about here let me just zoom in on my chart actually right now I don't like having all these lines showing it makes it look too distracting. Alright so to keep it going now ISO just ended up making a nice steady trend earlier this morning basically from 550 up to over 7 just in book right now so we'll pass on this too. TTMP I knew would have a really liquid order book here so I love that pushing up pretty steadily you know there's no reason to not put this on our list seems like so far. TTMP on really quick folks just you know we talked about this even from class yesterday the phase one stock course talking just all about scanning the market and how we ended up building the morning and afternoon watch lists that we have. I put GRTX on the afternoon watch list yesterday but keep in mind it was like pretty much right here at this point once I put it on our watch list after 230 at this point looked good. As soon as we finished up the meeting for all of us in social media you know YouTube or Facebook you know when we did the audio commentary after we finished up the meeting we knew that this was just not at all going to be a great trade for us you know once it snapped support here. That's the end of the road so you know just to be said on the TTMP stock going back to this it looks great it looks really good. Listen after this meeting if this completely goes the other way then just move on to something else so for right now this looks very strong I like it more of a level one or two stock in my opinion. It looks good. EQOS kind of near the highs but very spotty chart for afternoon trading. Oh man this is a shame. I you know I took my eyes off of Jaguar you know as I was commuting back home and once I set myself back up I just didn't look at it and you know with that I wanted to check back in with this trade hoping that it would be a lot closer to the highs. Clearly not the case. So I'm going to move on from Jaguar. This stock we're really familiar with this stock ended up making a couple of big moves going back into the beginning of this calendar year as you could see and then over time just these pops and drops throughout the you know day or maybe a pre market one morning we catch it. So it's a nice level one or two stock but again just if it's not going to break higher you know the deal. Alright this QSI stock quantum another quantum type stock QS there's QSI this one here QSI ended up making a pretty nice move after the open at least but for right now lower highs so pass. Got a lot of cheapies on the top of the gainers list really I mean I felt like I was kind of just taking my time here but there's a lot at the top it's pretty inexpensive so we got to go through them right. ARDS unfortunately this was a dud after the open completely you know broke down below support there was no looking back at least up until 1pm Eastern or even now you know trying to bottom out at three and make its move back up. Listen if you're in from three nice trade you know it's tradable but I want to see if there's anything that's you know moving up higher you know at near the highs heading into the close. Alright there we go looking for stock near the highs heading into the close RAD is one of those so you know for that reason and definitely put this on our list I know Fausto is loving this stock after we finished there after the market opened up this morning we were doing our audio broadcast and you know ended up making a nice pop so he was all over this and with this right now near the highs definitely going to put this on our list. Now also folks I just want to let you know I'll pull this up here pretty quick if I can kind of not skip ahead but show you at least what I'm looking at on Benzinga pro right now playing around with their own scanner program. So I'm looking at these stocks here there's a lot of stocks that are near or at the highs the day right now you know I was looking at space earlier I was looking at the JMA stock wish that that beyond so you know we'll definitely take a look at all those trades just at the end. You know if we have too many stocks on our list then we'll have to really cherry pick and just trim it down a bit but right now definitely will keep right right on our list. And got a bunch of familiar names I just have to at least click on them PTP I the AVCT trade you know all those from at least the last week week and a half AVCT was looking pretty good up until just a moment ago. You know it needs to make a really hard part to convince me here you know it's got a bunch of volume on the book maybe too much volume for that matter so you know it's very tradable but I just want to see if there's anything looking a little bit sharper to the upside right now. I shoot my scanner ended up just my gainers let's just refreshed on me lost my spot. Alright so we keep it going keep it moving. That's my famous line now IQ familiar name. It's just like so flat though here at this point it's just moving sideways completely same with GOED the wish trade I referenced earlier. You can say this is really slow moving to so it's really hard for me to put these on our watch list if they're this slow if there's this much volume on the book it has to cut through. I love the trend I like the fact that it's at the highs but you know it's like you have to almost ask for a little less volume on the book because this is like too much it's going to be like watching the grass grow here it seems. The only thing about this wish trade that I do like in terms of a potential continued move up if it's not today maybe it's just across this week or next week but as a new IPO the stock got slammed so you got to figure at some point the shorts are going to be covering. I don't know when that's going to be folks don't hold your breath I'm waiting for that but nonetheless you know just for a stock to drop and drop and drop and drop at some point you shorts have got to cover. So we'll likely have wish making a really big pop at some point you know we don't know when that will be hopefully tomorrow or this week. David Buster's just wanted to look at it quick it's near the highs but very thinly traded right now in the order book. Pass on this to Sabah I skipped over Sabah. This was also one from the morning that made a really nice pop early on. This one's not doing too good here now. All right we'll pass. All right that's it folks let's jump over to the losers list see if there's anything looking just as good if not better. The ALDX not looking too good to the upside that's for sure. It is shortable I don't know if it's at the all time lows. Got an email coming in nonetheless right now ALDX let's take a look here I mean you know what hey it's actually making a nice little move off of the last peak a little lower high action there trying to pull back and break below 350. It's not at all time lows there that would have piqued my curiosity a little bit more like the BFRI breaking all time highs this morning and hopefully continuing to go but see if there's anything else. AQST flat markets up so we're not going to find a whole lot on the loser side here right I mean hence why I was just showing you a lot of those sideless stocks like space and the wish trade and. I got CGC here to kind of be growth look at that one also here coming up. Maybe SEAC familiar name and a nice level one or level two stock perhaps. Yeah trying to inch back up but not a whole lot to it. All right let me just jump through my side list here folks if there's anything else up down left right more than 5% then type it in the chat board definitely let me know definitely got a few here myself. Alright so PTPI did make a little move off of four not as likely to put this on our main watch list now it already made such a big move up and down. Just going to flip through what I see here on my Benzinga Pro screen here so maybe not all these are at the highs but some of these are pushing up a little bit here BTU up near 10%. Nice steady trend off the lows not the fastest mover out there but you know what we're familiar with the stock so I'd rather follow that for right now. This CGC trade looks pretty good I like this one even the most so we'll definitely add CGC just making a little bit more of a lively move up to its highs right now. Tell you what I need new contacts PSFE pretty slow skills SKLZ you know making lower highs right now I feel like that one is more so done at least for the meantime. That bet beyond not a whole lot happening now space at the highs but stuck pretty range balance. So for right now that CGC didn't look too bad I'll look at some of the other pot stocks while we're at it know maybe a Tilray maybe an Aurora. Some buying coming in on this ACB but trends flat so you don't know if that's going to be continuation or not if the entire sector then begins to go. I would say the CGC looks the strongest. Another short squeeze candidate to at some point. All right I think that's just about all you got from me here folks today you know if there's anything else definitely let me know I will slip BTU on our list at the bottom. Oh I'm sorry from BJ what do you think of Jaguar bounce player will be done it's done. You just tell right away. Not to sound blunt with that but you don't want to try and catch the following knife. AHPI popping up on my Benzinga feed will pop over or near 8% move trading just over half a million that's not a whole lot at this time of the day. I like the pop and we are familiar with this stock to a degree you know if it ends up showing more signs of life after this meeting then we'll be more keen to call it out but I like this list so far. Not doing a whole lot here. Yeah I think that's just about it folks had a little pop in Bitcoin over the last 24 hours we'll talk more about that tomorrow. No Bitcoin today but a little move little move tiny. Slightly encouraging. All right folks but with that in mind we're going to call it for right now I'm going to jump on to a coaching call coming up at three o'clock I'll be back on the mic for all of us here at cybergroup at 330 all of a sudden YouTube or Facebook live as always I appreciate you joining us each and every day each and every afternoon with myself. If you'd like to learn more about cyber trading university you do have two options. If you're not ready to join our live trading room just yet but would rather send a quick question or email send it right over to my email address josh at ctutrading.com. If you wanted to continue our audio commentary heading into the market close or at least join on for next week or even going into the new year. Just go right down to the link on the banner below the stream just get yourself started. All right I'll talk to you all coming up at 330 later on today. Take care.