 All right, good afternoon folks welcome on back here for our afternoon meeting this Tuesday May 18th Shortly after we just finished up our traders talk to a simulcast for all of us in social media Facebook live and YouTube at least For those that had the chance to join us live I thank you so much for doing so for anyone that had missed out That should be right on our YouTube channel right at YouTube comm slash cyber trading you great to see all of our students Though live inside our trading room that being Bonnie Leda Ken Jeff Ron Tim Kathleen all of our students Otherwise great to see you all feel like I never left. Yes, so going into this afternoon I mean, I'm gonna just check in on a few trades that we had left off from on the traders talk workshop to begin Obviously, you see the Nikola stock here on my screen You know, there was a small move up on a few of the EV trades today, you know Nikola being one of them Workhorse What else do we got? Ride RIDE that was the big one Lordstown Motors ended up making a huge squeeze after the market opened Really didn't take too long to get that going but ended up making this parabolic move practically off of like 925 ish 920 Exploded off that previous high and ran all the web towards 11 So, you know with that in mind we ended up doing well across these trades today Nikola Like I'd said, you know perking back up towards the 14 level a Stock that I am currently in right now. It's the only stock I'm in right now Workhorse double position actually 2,000 shares now I was waiting for this move to happen Caught me a little off guard. I mean, hey, I had my stop limit order set and thankfully it took me So I ended up getting in right off this breakout here. I really didn't trade this stock at all today I was just watching it. I saw it get called out earlier. I thought it was a good potential setup for later on today I was gonna get to this Regardless of this breakout here or not because it was just kind of lingering under this level After several failed attempts of it popping over this $9 price So, you know, hey for right now I'm in it it kind of looked like a bit of a false breakout at first because after the move up I could have locked up a quick 15 cents but you know, it's like we talked about from our trader stock workshop earlier today and you know what? I'll bring level four up one more time with that in mind, but it's to say when a big volume level gets filled I Like to think that we're gonna get a pretty big result So nine it was a really big level throughout the day today That was our initial major resistance across the market open across the morning And it eventually broke it right here looked good at first for a nice, you know 15 20 cent move up, but obviously came crashing back down now That doesn't mean that the you know that this is you know done and over with but it's to say if if this stock keeps Pushing back up through nine and you know, hey, I could have jumped in here and taken a tiny loss or a scratch trade Fortunately, I just wasn't really watching this at the time I came back to it a bit later on there wasn't really any sort of order on the ask here So I did avoid this but if it keeps, you know holding that level nicely or poking at that level across the day It's not a matter of if it would be a matter of when so, you know here I ended up jumping it off the pop like I'd said Unfortunately, I had to set up a stop limit order and it didn't skip me. It took me in right at nine Yeah, nine on the nose and fill that so for right now. Hey workhorse just to begin I don't mind putting this on our main watch list not because a minute I mean, there's a reason I'm in it, but this stock is near the highs It's up 10% has a great spread great liquidity everything that we would want to find in a stock heading into the afternoon here So, you know, there have been times where I tell you about positions that I'm actively in at the time But I don't really put them on the watch list because it's more of like a speculative play than anything. Well here. I mean, hey, it's not Guaranteed that this is going to fly and run but off of the breakout from nine. It's a very tempting trade I may get stopped out. We'll see, you know as I go through the gainers and losers list This may stop me out right at 8.99. I have a stop set below nine bucks So, you know either way we're gonna put this on our list in hopes of this You know holding and running up right from here if it stops me out and you pulls back below nine Then hey, I'll definitely be interested in it later on but perhaps right place wrong time We'll see. All right, so getting back to some of the other EV trades though Like I said, you know because I have this on our list. Let's just check in with ride We'll check in with the Nikola trade ride I feel like is overextended this thing feels like, you know, the ship has gone and sailed ended up making a huge Pop yesterday and ran made a big pop even furthermore this morning and you know It looked good at first going into 130 It was moving back up towards the highs but a very quick pop and drop but that's the false breakout and You know from there obviously went south. So, you know, I feel like this this trade is pretty much done and over with But we'll check in with like Nikola. See what else is good. Oh, this is shaking and I just got stopped out. I think on the Yep, I just did right now right now I got stopped out on workhorse. Damn Yeah, penny loss. I don't care about the penny But either way, I don't want keeping workhorse on our list Like I'd said just because it stopped me out doesn't mean that I'm gonna scratch this off our list You know, maybe just right place wrong time. We'll see. All right So aside from the EV stocks though, we did all right on a couple of other trades I do want to just talk about a couple of those first ULBI still near the top of the gainer section here Very choppy trade right now. Then you're nice trend off the lows You can see I ended up Lining the stock up going into the morning here So a lot of you know clutter on this chart, but it's to say that you know Hey, this stock ended up holding this purple line really well across the day small little break below and back over this $10 20 cent price level it was holding pretty nicely throughout the pre-market at least early on So it ended up creating a bit of a base later on, you know broke below it And then once it broke through this level on the way up just like we always talk about Yeah, I know it's easiest in hindsight, but you know seemingly enough. That's what ended up sparking this whole move up afterwards For right now though the ULBI stock just so choppy so so choppy here We're hopeful for a nice breakout over 11 going into traders talk We talked about this move and I said to watch out for the false pop and you know ended up doing just that But ever since man, this was a really tough trade I'll keep it on the side seems volatile, but I don't know I feel like we could find better opportunity than this, you know If this ends up making a big pop while I'm doing this meeting then obviously we'll come back to it, but See if there's anything looking a bit better All right So I may as well just stick on the top the gainer side here number 6 a gen was the only other one I really wanted to bring up, you know, this just goes to show right? I mean, this is kind of where we last left off with this stock anyway from traders talk seeing this begin to break down more Ended up failing to break out over the resistance line here at 440. I mean held 450 50 cent level extremely well But otherwise though ended up coming right back down and hey the stock Although it was coming off of good news in pre-market that doesn't mean that the stock was moving up going into the market open This stock was like relatively flat slash dropping off going into the market open So that's what determines my initial thought in terms of its direction So ended up beginning to make a bit of a squeak up after the open But look at where it is now ended up beginning to re break below, you know opening bell print level here at $4 and 20 cents Dropped all the way back down. We broke below 4 here just a moment ago So, you know, hey, this stock is still shortable And one thing I'd mentioned from earlier this stock is on an extremely high float So, you know, I feel like there could be opportunity both ways still on this trade if we happen to see just more natural profit taking Then this thing should tank otherwise just if this breaks back over for maybe we'll make the same type of you know Little squeeze up like it did from the morning So, you know what? I don't mind slipping this back on our watch list here the agent stock You know, maybe it won't be at the top of the watch list, but definitely worth a look here still All right, so let's check out the top of the gainers list now We'll go from top to bottom ontx cheapy off a dollar here pretty shaky off a dollar the high there So I feel like it made a big big enough move already. You normally don't trade the Cheapies below a buck because quite frankly quite frankly, they normally don't make a sharper a steady of a move. So You'll be I it's on our side list looks like it's kind of perking up to 11 again But again, it's been so choppy around there It's just for every time that it tried popping earlier You would have taken a loss for every time, you know tried doing that This AMT X looked pretty interesting going into two o'clock. I forgot about this for a moment but it was looking really good obviously trending up pretty nicely throughout the Early afternoon breaking, you know higher across the day and ended up topping off right around I was at 1290 ish 1284 the peak and dipped off stock also is shortable kind of like agent So, you know, it's tradable in both ways in that matter. Let me get my volume bars a little bit bigger There we go for right now. Again, I guess kind of sideless material AMT X Bit of a spread here and there to your size kind of thin You know, I don't feel the need to put this on our watch list just yet At least agent has tighter spread more liquidity. So relatively lower risk also a lot cheaper Ride again pretty you know pretty volatile at least from the morning But I don't think it's gonna continue popping and breaking higher So, you know, unless if you could short this I pass all right We'll kind of just skim through here now see what else we got. We had hymns H IMS hymns him and her health. I think they're called Yeah, this was trending up nicely at least going into two o'clock even as you know latest 215 here But obviously took a big tumble back down towards $10 50 cent potential support I just go as to show I say potential because there's not really any sort of volume that's been traded off this stock today off 1050 a Lot of volume traded and filled off the consolidation and eventual pop from 10 So, you know, that could be a support between that the VWAP here in you know blue and 10 18 Again, I don't like feel like a tremendous need to put this stock on our watch list right now You know 10 could be a nice bounce spot, but it's pretty far away from where it is here currently And DDD another stock that was pretty volatile from early on this morning. This one at least has better liquidity Dropped off after holding underneath 26 But this could be the point where we see a higher low build and maybe and I'm just you know Speculating but maybe this could be the point where we begin to see the squeeze back up If that's not the case and this is going right down at 25. So DDD I don't mind putting this on our list here as well It's you know, relatively volatile still at this time of the day Shortable so like I said if this does dump back down, it could be an interesting short Otherwise if it builds the higher low gets back over 25 50 and holds above that maybe just maybe that can make the new leg up Familiar name here XXII. I guess I skipped over this just earlier also beginning to dump back down a bit here I Don't mind slipping this on our list as well. I feel like this ended up making a similar and not too similar I was gonna say it looked kind of similar to DDD But obviously not too too similar ended up making more of a squeeze going into the mid-afternoon here, you know moving up a Little bit faster off of 440. It is shortable. So crapping down the other way right now. It's a Ford $4 50 cent price All right, we'll add this year to we are familiar with this XXII stock You can see from the daily chart back from mid to late February ended up trading this on the way up on the way down And then squeeze back up going into early April Now I'll tell you we're not gonna find too much on the gainer side, right? Why do I say that? Well, I only say that when we have a down market So markets you could see here the spy the SMP ETF in particular taking a big plunge so far practically from like 130 Eastern time onward Like it's like approaching the lows from yesterday even the spy really didn't do a whole lot yesterday as well So for even right now you can see it's like practically there towards the low from yesterday for 13 36 Right now spies at 414 44. So, you know, it is pretty much right there Let's maybe take a look across the loser's list first and then we'll get to some of the stocks that may move with the market The airlines and cruise lines. I know those those were pretty healthy today, but with this drop off We'll check back in on on them BTU what a shame this is see this make the run that it made yesterday And then just drop all the way back down towards yesterday's open price Hey, if you could short it then I would put this on your watch list if you could short BTU Things down 22 plus percent doesn't seem like it's ready to squeeze back up just yet ended up holding resistance pretty cleanly off 695 to 7 here and pulled back You know good sideless stock. I don't mind BTU there. It is hard to borrow and trade station at least but FRSX shortable dropping off here a little bit. I feel like the BTU trades just a little bit more advantageous to try and trade right now AT&T I feel like there's just been too much volume traded on this stock that between the last two days Not only today trading 208 plus million shares, but yesterday obviously two off the big pop and drop and pre-market into the open You know, we talked about the stock too, right? We talked about this trade earlier today We were talking about this in traders talk holding underneath 29 90 to 30 and I was saying at the time Hey, it's worth the entry to try and buy this stock as it breaks right here off the opening Bell print line worth the entry If you set a very conservative stop below the level because if it doesn't pop and run and make the big squeeze upward We talked about this the stock's not just gonna move sideways the whole day If it's not gonna break out and make this move from this big strong level 29 90 and alongside that obviously 30 I normally don't buy under a whole number anyway, but it just goes to show if this isn't the move Then it's gonna make a move Just not the move that you're looking for it to make so that's where you can get stuck holding on if you don't think about that You know, just otherwise though the stocks traded so much volume the last two days You know, it seems like it could be a good short opportunity if it if it snaps below 2950 and 2947 this print line from pre-market I Just I'm gonna pass on it right now because of the volume It's been trading and just I feel like most of this move is pretty much done Even in a tanking market right now the stock's been holding strong actually. I thought that said Disney I knew I need new goggles here. Oh, yes, not dis. Alright, so let me just check in on the airlines here I want to check in on YouTube although I'll get to those comments in just a second AAL ended up moving up pretty nicely after the open ended up having a bit of a slingshot at least within the first hour But ended up diving back off here. Not a whole lot happening there NCLH you can even a sharper drop I guess but you know moving with the market on the way down Nothing really too much straight home about on this one. I am very happy. I got out on work horse Where I did I got out at 899 I told you I don't care about the penny loss This would have been bad. I told you right from the get go I wasn't on a double-sized position because I was very hopeful for this to break and run. It looked good. It smelled good It wasn't good So you don't want to get stuck holding on like that I have zero problem coming back to this trade later on today in the next, you know 20-30 minutes if it ends up holding here popping back up and running off to nine I will easily reconsider that trade again, but if it doesn't make that move then I'm gonna pass on it From Nicholas here on YouTube. He says since the EV trades were moving today is FSR look I forgot about that one actually and stop popping pretty nicely as well You know if you heard me hesitate as I was as I was going through I was like I know there's one more that I forgot and it wasn't Neo because Neo ended up making a bit of a move today as Well, but it was another one. I had in mind Nicholas that was actually it So I appreciate you making that comment on YouTube here. So it's FSR worth a look It's on the way down now Unfortunately, right? So I know that you wrote that maybe about five minutes back So at this point it feels like none of these are really gonna make the big squeeze up with the dropping market that we have Ken says Mavis MVIS not the company Mavis No, we kind of nickname it Mavis I had someone inside the trading room make a comment on the company Mavis This is not like Mavis like our company. This is micro vision. We just nickname our stocks at times Mv IS so yeah dropping on the way down at 15 I reckon moving with the market if you do well on this stock day today and if you could short it then I'd say that that would be a good opportunity Clothes same thing Ken nothing really too much to write home about outside the drop in the market if you if you're in that trade Already, you're probably doing pretty well The ulbi moving up there it is off 11 is this the move is this the move that we're finally going to see here It's been teasing this pop this breakout and run off of 11. I mean really since pre-market here But we saw a big volume getting filled going into traders talk initially here going into the early afternoon I called out the pop and then even after it's pretty choppy But now it seems like it's starting to make that move up But don't forget about the resistance levels that we talked about inside traders talk today That was right off of 1139 the opening bell print and then from there 1150 So I'll add this to our watch list now at this beginning to move up just a little bit more Hopeful that ends up you know kind of crapping the bed here and coming back down We're just gonna write this off at least at that point From P trader asking about the stock PSFE up 8% still ended up making a nice move from earlier today I don't know if this is a needy stock. I reckon but ended up making nice move today Pay safe limited so I don't think they are but ended up making nice run You know just for right now though I feel like everything's dropping so I'm not as like keen to look for a breakout and run Unless if the stock is like really strong to its eyes It this was really strong just going into two o'clock But the same is the same was said with a lot of trades, you know work horse Nikola here off 14 We just watched kind of test that 14 level again. It looked good, but now this downmarket. It's just yeah I'm not really too bullish on a lot right now Agent at 385 there we go. So still on the way down ended up pulling back I'm breaking lower right here. This might be on the on the move to 350 This is our trade of the afternoon. Hey, I'll take it. Don't get me wrong I'll take this trade going into the afternoon if it pans out But if nothing else moves and this is the big winner as it tanks down to 350 Hey, don't be too surprised Ken says he's in from 399 excellent entry Ken nice Watch out for the 85,000 share order that may have just popped up here All right folks, I think that just about does it across YouTube Facebook live I always appreciate you folks sticking with me here in the afternoons But for anybody else inside the live trading room, let me know if there's anything else up down left right more than like 5% that we didn't have a chance to check out just yet actually about this I'm here. I'm here in our office and say I said I could pull this out today Very easy for me to do during the meeting I normally show the highs at the time But let's check out the lows to see if there's any stocks that are at the lows breaking new lows of the day right now live Actually before I go further. Let's go That from five to thirty bucks price range Not a whole lot that stands out here I mean these are all stocks that are breaking new lows of the day as we speak But nothing that stands out as a familiar name. So that's fun. All right folks I think that we're just about good to go then. Oh actually about this before I part ways with you I know I showed it yesterday, but it's still dropping back down a bit. I want to show Bitcoin I ended up adding overnight yesterday. Actually and not even overnight I ended up adding as soon as we finished up the day yesterday. I ended up getting in shortly after four o'clock So I got in it was like practically here Dip down a little bit more squeezed up, you know pulling pulling back down again here still You know, I'm not in it for the short term So this might continue to drop like I'd said from yesterday. This might continue to drop down to 41,000. We'll see I'm still very bullish long-term and I think that if we don't get our balance extremely soon from now, then Just wait a little bit longer. I think it's coming Now everyone has their own opinion. So when it comes down to Bitcoin, not only does everyone have their own opinion, but honestly No one knows what they're talking about in terms of the like technology behind it Unless if you've been in the industry Bitcoin and crypto industry for like the last eight to ten years You know listen I only know a fraction of Bitcoin itself and the technology that drives it all I'm providing to you is just chart analysis And the fact that hey in the past cycle We ended up seeing these dips of 30 to 35 to 38 percent So, you know what hey from the last high that we had here 64,000 plus We were talking about a 33 percent drop well a 33 percent drop right from that peak is roughly where it's at now A little over 43 K it might drop off a little bit more than 33 percent or however much I said So, you know hey, I'll brace for 41 K I'll brace for a little under that even if it ends up really crapping down that much more after that I'll be slightly concerned, but otherwise really nothing really to worry about here. All right folks With that in mind though, maybe I'll check out riot and Mara before I wrap up Lee's asking did Musk cause the drop? Yeah, I'd say so simple as that And I mean, there's other things that factor in but he's a big influencer. So, you know, you hear him talk about certain things people overreact There is a line I read and man, I wish I can recite it perfectly to you right now Check back in with me tomorrow for the exact freezing. I'll tell you verb it. I'll tell you power freezing It's to say don't listen to what people are saying Look at what they're doing with their money. I'll leave you with that I'm pretty sure that was the full quote but check back in tomorrow. I'll recite that to perfection. All right Can I look at PLTR from solely on YouTube? Absolutely? Absolutely can look at PLTR great sideless stock by the way So, you know, hey, I'm not gonna put it on our main list right now I mean, I feel like a lot of stocks look like PLTR with it dropping off a little bit moved up earlier from today You know, so if I put this on I feel like I put everything else on but we love trading PLTR It just bounced off of 21 or hovered over 21 So maybe this will look to come back down and drive below $21 here and go from there. Watch what happens when this ends up retesting or testing didn't test it yet But test the bid at 21 this 17 plus thousand share order Wait to see it break below that level first before looking for a bounce. Obviously, it's bouncing up about, you know 12 15 cents off this last dip But I feel like there could be more on the way down with the market dropping off more So for right now PLTR again moving off the balance here with the S&P a little bit But I'd watch for that 21 break first before you try and jump in All right. Love trading PLTR. Otherwise though great sideless stock. All right Ken says would stay in but the gym is calling me. Well Ken best of luck at the gym, sir I have a personal training session after the market closes today. So wish me luck there, too. Nice short from Kenny got out at 387 on his agent shorty at 12 cents So hey congrats Ken agents the type of stock that you could trade a lot of shares of if you know what you're doing So I hope that you load it up on that trade Ken double double or triple position at least there All right for all of us in social media one more time if you ended up missing our special workshop today traders talk our live Weekly Q&A that we always host live weekly and inside our cyber trading room. We've recorded it We post it right on our YouTube channel. So go right to youtube.com slash cyber trading you if you're not there yet And it'll probably be the most latest video right there for you. All right So if you have any questions on that traders talk video I'm actually going to repost my email address for anyone that has any questions as far as what we'd covered inside that workshop today Send over any questions or feedback right over to my email address Josh at ctu trading calm I say that for all of us in social media because all of us live inside the room you folks know Alright, so I'm actually just gonna jump back on the mic in the next 10 or 15 minutes I'm gonna post and tweet the pics just beforehand and I look forward to talk to all of you folks there Just coming up pretty shortly