 All right cyber traders welcome on back here this Wednesday afternoon I was about to say Tuesday I'm still stuck in traders talk Tuesday today is Wednesday February 17th Shortly after 2 30 p.m. Eastern time welcome on back here for our afternoon meeting Let's get a quick sound check just to begin much like Chuck just did in the chat board There we go great to see Donnie who I saw was watching the MTC trade heading into this meeting great to see everybody else though Debbie Grant Wayne Philip all loud and clear perfect Alrighty and for all of us joining on social media Facebook live and YouTube welcome on back actually I should have had this up to begin I had it up from before but took it down because a class and with that it will start by saying we have the phase one Stock course continuing today lesson number two We'll be talking all about the trend the trend is your friend Do not buck the trend. I feel like a foul-stewed fire me if I didn't say that I'm joking But nonetheless, so that's the topic of this afternoon's class I want to skip right ahead to the gainers and losers list just to begin the MTC I will just show what's on the screen here The MTC was popping just earlier heading into this meeting, but just took a really sharp nosedive right off that high of 579 so I hope that's not the beginning of the end either way I'll put this on our main list to begin just given it's more recent run But needs to make another higher low break back over 550 I don't really see much on the book that stands out like as a major resistance until like basically 550 there See if there's anything above on level four I have my level four up on another screen, so I'm not gonna drag it up right now So it does look as if there's resistance not even as much at 550 currently on the ask There's like 8400 shares. I see but all the way above on the MTC trade at six bucks There's like a 39 40,000 share order at six. There's 20,000 shares on the ask at 590 So I would just say between 590 and 6 that is your major range of resistance for this afternoon All right, so with that let's go from top to bottom folks Just build up our afternoon list kind of a turbo lightning addition a lightning round edition of this afternoon meeting Want to make sure that we're all prepped up for class here coming ahead The load trade LOD E needless to be said we won't be watching this for the afternoon But ended up diving off as soon as the market opened up also needless to be said just by looking at the screen But you know for as much as it's up you knew that was gonna happen So we stayed away from the stock at least at 930 and it didn't really give us many good buying opportunities after and for those That did happen just they dug off pretty quick Speaking of dying off relatively quick here the CLPS trade. I didn't really die off as soon as the market opens I guess it did pull back But then it shot up like a rock air shot up like a cannon after it ended up breaking above if I recall at the time Here we had the opening bell prints on this trade. It was roughly right around like 1190 ish 12 bucks or so I think once it broke over that opening print pretty much right on this bar No, it's zoomed out. But right here. This is essentially or the bar prior to that I think is where it got halted on that same bar broke over major resistance. It's like a dollar bar But once it broke that it took off It's pulled all the way back down to there and trying to hold there a bit of support for the meantime But normally a stock like this that already made a pre-market move and after the market open move I wouldn't expect for it to make an afternoon afternoon move So yeah, we're gonna skip this right now for the afternoon pretty big spread thin liquidity on the order book as well alright a HACW so tongue twister stock at the highs of the day technically just pretty thin order book as well for a $3 stock So we're gonna pass Pets another one like a load from earlier today that was up big in pre-market You knew that was gonna tank as soon as the market opens I guess we could say this did make some sort of burst back up like I didn't take part in this I think we were in class at the time of this happening and then from there we had traders talk But oh my goodness. I mean like if you jumped in from eight kudos, right money's money But the more this gets halted on the way up You know it's gonna get halted on the way down and when it gets halted on the way down That is typically the end of the show So if you got it from a lower price, I'm sure I hope that you did well But afterwards this thing was just a train wreck after Imagine trying to get in here expecting it to move up gets halted on the way down and then when it reopens up It drops an extra like two dollars pretty much instantly So that's not the type of stock you want to get caught in all right We keep it pushing EH for as much as this dived off yesterday I want to go back on the chart really quick and not gonna put this on the main list for this afternoon But oh this thing took a beating heading into the final hour of the day yesterday So even before that it was dropping down from like 110 down to a hundred down to 90 here double bottom broke below that price and Once it broke below 90 here really like all the wheels completely fell off drove all the way down towards a low of the day here essentially off 40 39 plus and I guess today trying to make a squeeze back up here making some sort of recovery We have my chart there there we go You know for what it's worth for as much as it dropped You would hope to see this make some sort of a you know recovery I mean I thought it did pretty good job so far But for the afternoon just I wouldn't expect that much further and even so it's just very expensive very thick spread Just not worth it Rather trade the MTC Look at this CNET trade trying to make a squeak back up over five I'm sure that could be a potential setup looks like there was a lot of buying off of five earlier I say that based on the huge volume bars here Oh This could actually be pretty interesting if the stars align this can make for a really nice run heading into the afternoon Obviously, that's under the precursor of if the stars align So what I mean by that is just the fact that the stock much like the others so far that we've went over already had a very active day it didn't like pump and dump across the day it moved up and down but like You know compared to the pre-market Perhaps if this could break above five here coming up it can make a much sharper run up one that we would have hoped for here So I don't mind putting this on our main list just just to begin here for right now the CNET trade Just giving it could break over five one more time And even after five you have an order of 510. That's kind of looming ahead here All right with Bitcoin popping just earlier I don't have my charts up just provided BF class coming up ahead So I wanted to zip right through this meeting GRNQ is another blockchain related stock. We know that back I think it was like just midway through January that came out with news that they were Putting a portion of their Treasury Reserve asset into Bitcoin That was the news that came out at the time David pointing out right now that Bitcoin broke over 52k I gotta take a look at my screen here. I'm not gonna show it for the meeting Just actually I'm gonna show it on my own phone my cell phone Yeah live right now David over the last 15 minutes at least Bitcoin's been pushing up really well So GRNQ is one of those stocks that we've had in mind It's been more of a sideless stock than it has been like featured on the main lists But yeah, this looks pretty strong right now heading into the close I'll check out some of the other like block chains out there FTFT looking really flat nothing going on just yet there BTBT same thing obviously, you know, they're just way out of price range now the riot the Mara Both pushing up still at this point. I Do like that GRNQ though that that really piques my interest and not because this is affiliated with Bitcoin But MGI, I know that they had some sort of affiliation with another cryptocurrency But just because I saw GRNQ up just because David said Bitcoin at 52k I said, you know what? Let me look at MGI really quick once again here So we called this out heading into the afternoon like earlier before the meeting started. It's been a real slow poke This is not directly affiliated with Bitcoin like some of the others are But I just said, you know what? Let me let me look at it right now Just jump to it here. We would have found this on the gainer's list anyway up to 18% You know what though? I don't mind just slipping this on as well alongside the GRNQ GRNQ looking a lot sharper with Bitcoin's direction heading into the afternoon But you know, this is still near the highs pretty close and moving up right now a little bit So this MGI just keep a good eye on as well. All right, let's see what else we got We got the NXT D popping right now pretty much right in our face We saw this from earlier today going to the market open. I called it out then it died off pretty quick So I didn't think that this was gonna happen. That's why I said just it's like blasting right in my face there Just popping from 230 all the way up towards the high of 266 A little bit of a shake right now pulling back a bit there, but really strong trend heading into the afternoon So yeah Alright, cool. What else we got here folks if there's anything else that's within our price range That looks good. I say within our price range because there's a stock that I could put on our list It's just I know it's out of a lot of our ranges here They're the quantum scape off earnings from yesterday afternoon Qs, you know, so if you're trading the more expensive stocks, I would definitely focus on this more but you know for the same reasons as riot and you know some of the others that we've looked at this far just Big spread at times very thin liquidity FLDM familiar name we've traded the stock over the last like I guess not as recent but I mean back from December January time here even going back into last year more so the summer Just familiar name. So I guess not doing a whole lot right now popped earlier today at least the FLDM Alright, that's just about does it across the gainer side folks every time I say that I'm sure there's gonna be something that just pops up suddenly, but If there's anything else that's up that's big that looks good type it in the chat board Let me know when I hop over to the losers list here in the meantime the market is up big today I'm not big. It's at the highs right now at 52 points from the close yesterday I guess from this dip point it made a nice recovery from the morning bounce back up But you know technically up across the day moving upward heading into the afternoon So hopefully a very big green close for us all here, but we'll see if there's anything on the losers end Bunch of stuff hard to borrow to begin just you're not shortable. You wouldn't be able to take advantage of the drop-off There is one that was making a dead cat bounce Maybe it moved up so much from the market open that I just dropped off from the losers list here Yelkay CEO the PXS. What made the top percent gainers list yesterday? I mean obviously socket and then ship. I mean pretty much all of those from yesterday made the losers list here today Sundial SNDL. Oh This is the one car. Okay, I was trying to remember it just without checking But here we go car This was the one that dropped off in pre-market from the after hours yesterday I don't know what the news was my assumption is earnings But man they said did I make a nice squeeze heading into the late morning more So it's really the afternoon it had good spreads at the time Right now though starting to shake around a little bit here. So, you know nice straight from the morning I think at this point now we're gonna pass All right, so that just about does it on the loser's end really I mean just we say this all the time But there's not gonna be as much on the losers list when the markets up and then entirely There's not as much just trade-off of typically day-to-day What do we got here from the chat board though? We got from Norman He's calling out check and then Chuck on DPW. I Check nice pop here so far. It's up 24 plus percent. I don't know if I just skipped over this skimming through But I don't think I looked at this night nice move up for the afternoon We traded the stock going back into the end of last year entirely pop and drop It's like building a Fausto flag here to a degree off 225 Yeah, I'll put this on our list for right now Norman. Good call. Hopefully, you know doesn't die off soon enough Hopefully there's a lot more left to it But definitely good call in the meantime here. I like it good level one to two stock Then Chuck's in the DPW which is blockchain related now back in the blockchain or Bitcoin mining business But nonetheless be a DPW pushing up pretty steadily for the afternoon This stocks tease the crap out of me over the last like week or so I you know, it's been active in pre-market on given mornings like here You can clearly see in mid-January just popped up probably like pre-market trading session And then after the market opens up completely tanked so gotta be careful I mean it did yesterday legitimately just pop and drop and now back up today So I like the activity. I like the call-out for right now. This will also make our list here Then RJF asking about the CLPS Stun so that's not gonna move nearly as well as as we would want it to move for the afternoon You know after dealing with all of this from earlier If you're if you're gonna trade this for the afternoon Just realize that the chances of you getting another one of these is Extremely rare. It's not going to happen. I will say if I'm wrong with that I will be glad to be wrong But I just bring that up because I don't want you to get into a trade and then for you to get your book Kicked on a on a shake back down. That's typically what happens on stocks like these after making such a big move from earlier All right, folks, so I think that just about does it. I will check out Benzinga Pro I don't have it up on my other monitor here in the meantime, so we'll look at that But I don't have anything else for you. I've got Arkon. Oh, how about this we're gonna check out a familiar name I see it popping up on my Benzinga signals page right now It's not making like the the biggest move is certainly not up or down a whole lot percent wise But the ZOM I just got a ping for new high of the day. I Just don't know. I mean, it's a nice trend heading into the afternoon off that like 210 price Now it's testing the high off 237, you know good sideless stock not fully sold just yet I feel like it already made such a big move earlier. So it really looks good The Arkon trade up 27 plus percent just got a ping for new high of the day on that This looks really choppy like I would not want to follow this right off the bat just yet This trade and this one not doing anything just yet either. Alright folks I think that we're just about good to go last one at the bell here at the buzzer from Chuck X back to the level I shorted from earlier today. There you go. Well history typically will repeat itself, right? So, you know, if that's a stock that you did well on from earlier today Chuck And if you're gonna be trading a nodding class later, then definitely keep it on your main list So proven to be a good sideless stock once again the US Steel I last one this one's at the buzzer here from PC trading solutions here on YouTube Asking about the nxtd that one's already on our list. So perhaps joining us late here But the nxtd certainly already on our list. We went over this just before I like popped All right, I turned over right to this as it was popping. It was a pretty fortunate timing All right folks, we're just about good to go here. So in total we got two we got four We got six we got seven for all of us on social media really quickly We'll keep announcing this throughout this week much like we had from last week But once again, we will be conducting our traders talk workshop We do this three times a year on our social media feeds that will be coming up next week next Tuesday We're supposed to be doing that yesterday. We ran into a tech issue which forced us to reschedule For all of us live inside the trading room. We just did that that was earlier today earlier this afternoon Post a recording of that on the student dashboard this evening But outside of that for all of us on social media if you'd like to join us this week Feel free click the link down below on the banner But otherwise stay tuned next Tuesday at 11 o'clock eastern time in the morning We will be hosting our live traders talk workshop on YouTube. All right for all of us inside the trading room here Just bear with us for a quick moment I'm gonna jump off the mic type and tweet the pics and then I know that rich and Fausta will be jumping on the mic themselves for The commentary while while most of us will be in class All right for all of us joining joining class I look forward to seeing you there for those of you not best of luck trading heading into this Wednesday afternoon. Take care