We had a lot of these coronavirus related stocks gapping up over the weekend. On Monday morning, free market we had tons of Gabor's and again usually when there's too many gap is only one or two will run successfully, but as per the weekend watches I gave out for free every single Sunday. I had a few that I was already on. Watch on my radar and one of them is an MVC and apt, and those two were my primary focus coming into Monday morning and then VC.

I was long buyers on the stock. This is me selling my overnight position from Friday: scalped a lil smokie spec position overnight over the weekend on Friday afternoon, around 10:00 80s, and I was just selling into the open pre market eyes right here and somewhere into the open. Because, again I didn't know it was gon na squeeze to $ 17. So unfortunately I missed all this move from $ 12 to 17.

But again I only had a small size over tonight swinging over the weekend. I understand it's a little bit more risky, but again I play these sympathy sector hype a couple of times now, so I kind of know, what's possibly going to happen, there's tons of opportunities where the loan was short. These will all my loan trades again, I'm out on my overnight swing. So at the open I was waiting for either a dump towards a to 1080s level or let it squeeze out.

Let it go without me to $ 17. That's fine but I'm looking to buy the major pull backs and that's why I longed here around 15, 30s and AD is even bigger right here, 40 and 50s and we're just selling into every single push like. I wasn't. Gon na hold and - and you know, see ever potentially retest $ 17.

There were a lot of people swinging the stock short over the weekend. All the shorts were taking out on Friday and they were just expecting this to continue selling off from $ 10. All the way to single digits, seven dollars, five dollars, the ATM offering was priced at three dollars. So you know you bet a lot of people were swinging and hoping or go down to three or four dollars and they can bank.

But unfortunately, this is not a logical play. This is a sector, sympathy and low-flow sector sympathy, so you kind of have to join the trend and join the volume. So I was selling into a push ourselves out of the scalp again I was waiting for this $ 11. Potentially we didn't get that.

So I want to be careful right because I know that's a potential downside, I'm just playing the momentum. This is where I actually scalped it short for once, because a stock was extremely heavy after we break down this pre market highs, technically speaking, we're gon na retest the most right here and that's why I scaled in some small size again, I'm really scared about being Short squeeze like all the way up here at $ 17. That could potentially happen to me if I short and if I become too short, biased and that's why I'm shorting, I'm really quick to scale out some and goes covering all the shores right here, and this wash is where I going on the long side. So you can play these liquid stocks, both long or short, there's money to be made both sides as long as you know the risk and play with a plan.

So that's a first big play for me on the day. The other big play is apt again on the long side, this one's was easy to borrow, but I was not short by any means on this stock. Again, I was waiting for a flush two to six 70s. I had all these levels prepared beforehand.

We didn't get there right and there was some tiny support right here. You can see seven dollars right: seven dollars, whole dollar resistance and risking six VTS scaled in somewhere around seven dollars and almost bottom tic tic added to full size, risking seven dollars just playing the bounce. Nothing complicated here. But you know it's a nice, 20-30 10 cents.

Bounce I kept a core, because this is the stock that I wanted for an all-day move potentially to the upside, and you can see added some more to the to a smaller size. Again added some more. I fat-fingered it on the trim, size and sold some more. I was working around my core position, but overall holding a 1/4 position on the wrist right, I'm adding to that position and selling into the reps, but I want to keep some for that plant for that old, a grind potentially to test the highs like the action We saw em VAX last week, but we didn't get them.

This stock was kind of really choppy midday. You can see every time we try to retest seven 80s right here. It gets rejected, and - and this is where I attempted one more ad trying to see if we can see seven 80s and higher to eight dollars again. I got stopped out on my entire position here and once they took my stop, you know the stock just moved up higher, so unfortunately I gave back some on my quarter size right here, but overall this was a nice treat and I was working adding and selling From my core position and keeping you know a core long position around seven-30 savage trying to see that petitioner upside to $ 8.

We didn't get it, but that's, okay. I managed my risk and I'm happy about that. So all the coronavirus stocks sold off today and unfortunately I didn't really get to take advantage of all the downside, just because they didn't really pop that high. For me to have a good enough entry, all the stocks like CBI and then VC other ones like Ino.

They all opened gapping down and when it's a gap down and SSR is triggered. If I won't assure it, I like to wait for a big bounce in order for me to risk off and short in two, but we never got any other bounces. You can see all the stocks I see bli right here, just sold off in same Messiah. No, and then we see as well there's just not a lot of opportunities for me to size.

In short - and I didn't I'm not comfortable chasing weakness, knowing how volatile these kinds of stocks are, so I only traded two stocks on the long side today and the first one is a EMD and even a EMD. The short side would have been the pop two words: the highs and retest, the $ 4 area, but this kind of whipsaw action I didn't really like it and the volume wasn't that great on today. So I never got in on a short side, but you can see. I got in long pre-market and i was sold into the push and I was waiting for more opportunities to go either long or short.

But I just kind of grind it down low volume today, and just not a lot of liquid action for me to take advantage of, unfortunately, and the other stock is OBC, I they pumped this. I think half an hour before the open and dry after the squeeze. Can, though, they were just absolutely no one buying it. That's when you know it's a pump right, you see some no volume squeeze up here are no floats and there's no it Oh, the volume at the open and afterwards just a lot of selling.

You see some buying right here, but again that was not substantial enough to reclaim the. So that's why I scaled in shorts and again I have patient problem with my patients. I should have added here and add up here, but I didn't unfortunately - and you know I covered everything - pretty much for tiny, tiny gain, nothing much and the stock, just no cracked and went below $ 4 without me, so the first play on the date today was Le e Li, this stock was actually a higher float, so I didn't expect this much follow-through so soon and the market opened li. The stock is a smoke app, but it has a 57 million shares float.

So I really didn't expect the stock to pop from $ 2 all the way for $ 3 like right at the open they had some headline about on their buying the Berkshire Hathaway newspaper operations and Berkshire was gon na finance all the debt. Again, we don't really details of this deal. All we know is that this is the kind of headline that can bring some momentum and volume into the stock and then like we had no 1 or 2 million shares volume traded right at the open. So this is no joke I'll own.

Some pre market volume was really low against starter size, very small size, just testing waters like I've, been doing before in many of my previous videos and if I'm wrong with small size, that's totally fine, and so I long here I had no idea we're gon na Push to $ 2, like even before the market opens so right before the open. The stock was pushing towards 250. Just skilling sell out some just in case. I'm gon na give myself room to add to full size which I did are the open and when I see this kind of volume squeeze there's two million shares in the first three minute candle and I was selling to the older - pushes again a lot of daily Resistance around $ 3, an area this is a resistance level drunk on a daily charts.

You have to go way back to see the maximum you can see on the daily selling into I'll push it I'll zoom out most of the position right here - and this is where I added back to a quarter size, trying see more momentum potentially to retest the Highs $ 3 and potentially higher, but we didn't get that so this is where I stopped out of the rest of my quarters exposition. So I did get back some profits back from my initial loan entries up here and up here, but I was not involved in in this sell-off and the stock. As you can see, once we broke two sixties, we just fell all the way to $ 2. In hindsight, of course, hindsight is 20/20, I should have flipped short, but I don't like going back in especially to flip the other side after I made money on the front side on the wrong side.

So that's a first ticker on the day on the other one. I really enjoyed playing today's and then we see so this star cuz. You may remember i recapped yesterday I didn't trade it. I missed the downside.

The sell-off moved completely from $ 13 all the way to $ 8. Yesterday I didn't, I was knotting anything long or short. I was a big miss for me because I was kept on waiting for it to pop a lot higher to scale in short, but today, so we did get that pop today, because with these kind of stocks, I'm always hesitant to shorten weakness. Because you can see this stock never popped that high for me to add the highest suppose $ 13 after sell-off from 17 dollars pre market.

But today we did get that pop and that's why I was so skilled in shorts on the pops shorter here. Surely he recovery into all the washers when it pops again was reacting back to my size and when it starts reclaiming the you up, that's why I covered all my short here, so I was out and out here so I did to give back some profit on The second shorts, because I know recognize that momentum was shifting. We have a lot of buying volume coming and we're reclaiming view up and again a stock with some SSR. So this is where I actually joined it long.

So these are long trades right here, smaller size. Again, if I'm going back to trader, take her on the other side, flipping the others bias. I want to be careful. I don't want to over trade.

I don't want to get in trouble and again this stock. We all know the stock is a piece of. I always want to be really careful if I'm longing a stock even on the front side, I'm always really quick to sell so the front side. Long's are kind of small profit, nothing big, but this is where I'm this wick here is where I notice a lot of sellers stepping in on the heist - and this is where I started to build a short position.

Okay, like this, could be the petitioner top. I came short risking $ 11 area, so if $ 11 breaks and reclaims, i'm gon na have to cover again and take the loss like. I did right here, so I scaling in short again and noticing that this is a double top. Another rejection, hard rejection up here when a stock tried to push from 10 80s, all the way to a to 10 90s.

It was met with huge sellers on the tape. This is where I was covering some into the wash both keeping the majority for that big flush from 10 70s. All the way to 9 70s. That's a taller shirt, so I would cover it in the majority here, so the alt most are the quarter size left.

Those holding and keeping a stop around 10-30. I was just gon na. Let it work - and I was covering some here and also out by this point. So no, I did not bottom tick, but this stock was a really nice trader on the day, both on the short side and long side and then later on the backside short.

So again, with these kind of low float penny stocks, there's almost always two sides of the play you could be, you know just non buyers or sure biased, but for me I'd like to know the both sides, so today was kind of a choppy day. To start the day because of the FOMC during the day, midday and also the whu-oh is holding a conference regarding the coronavirus crisis in China late day as well, so leading up to it. The market, the large cap Mac market, was kind of choppy and not all things were moving and also the order coronavirus stocks are. We were trading.

The last few days you can see. I & O was one example. It was kind of trading in the range and you can see that things didn't really start until later on in the day in the afternoon, and I don't really like to get involved in the afternoon, especially if I've made my money already on the stock. So I didn't know was the first stock on the day this one I've noticed in the past few days.

So if you just zoom out on your chart, if you look at a larger timeframe, this stocks, every time it gaps up, it sells off first right in the morning, you can see right here, a gapped up after hours and pops on the open and just so Soft and right here, two gaps have overnight after hours and pre market and sells off. So today there was a huge gap up about 4:11 clothes and gapping up to $ 5. So it's probably gon na sell off first, so I'm more loan biased on this stock because they also had positive news about developing a potential vaccine for the corona virus. Again, it's a potential, but again that's a brand new headline on the day.

I'm not saying long term, it's gon na be goodbye or anything. No, I'm just saying as a day trade, this kind of gap er with the kind of headline that's really relevant about coronavirus and also wh o holding a press conference. This stock was most likely gon na give us a higher volume move today and that's why, in the open, I was waiting for a dip and the curl confirmation to go along. I was waiting for a sell-off to finish.

I'm waiting for the selling pressure to disappear, and that's where I started in long after seeing this curl risking the 455, oh actually, 450 and beneath that added in after seeing more bidders coming in and ass doctor starts squeezing this way I took some profit around 4 70S - and I was hoping for more, of course, for 80s and potentially $ 5, which didn't happen after hours right now, but had I stopped set beneath the WAP, so I got stopped out here and that's. It gave some back on the stop, but so could I make more, but it's ok. I don't like to get involved in these kind of choppy action. Midday on the other stock I played is Arkady a so this one.

You can see. I made money over here and I got squeezed over there. So let's talk about it, so this one was actually they had. Some headline was released by Ben Zynga Charlie.

This stock has been known to pump with some midday headlines and just sell off near the end of the day. So that's why I scaled in short, shorter here and adding in bigger out of the full size and was covering all the washes, and you know I never bought him tech tip. I was looking for on the wall projection for the stock to fall back down to 5 30s five 20s, and we didn't get that, but I was covering most over here and on this pop here's, where I start scaling in again. Thinking that, oh you know, maybe I can start forming another short position, so I starting my short again, but you know, volume squeezed out and I got stopped out.

This is why you need a heart stop, even with that up. In said, I think either my stop said just above, I think the high of the day was 608. I heard him, I stopped around 6 12. I still had like a three cent slippage.

This is why, if you're short or long to always use market order stops, so I got stopped out on my second short here. So took a loss on that, so it gave back some profit from the initial short entry, but I'm glad I stopped out and didn't get stopped all the way to no.6 40s. You can see the stock later on this grinded midday and a dumped. That's the behavior of the stock, so be careful if you you're lonely in these midday pumps, there's money to be made yes on the front side, but don't outstay your welcome, especially when volume drops in the afternoon so ending a Friday nicely.

I try not to over trade on Fridays, as you may remember, from all my past video recordings, so I the reason I want to get away is because I just did something really stupid on NBC and gave back some small profits from the earlier trades. I tried to pick the bottom here as you can see, but all these were loan trades on NBC. In the morning the stock had a huge gap up all the way to $ 19 $ 20 from the close of $ 12 yesterday. So I was wrong biased on this.

You know you can see me binds. The stock can sell into the grips and protecting my capital just in case it dips a lot further like it did any open. So the idea is really just buying all the tips and selling through the ribs. Again it's a piece of company, so you don't want to outstay your welcome but play the price action and there's actually lots of range on this stock.

So I love playing its. I think it's one of the best tickers I did on the week. I traded it a couple of times in the last few days to but yeah. I made a mistake here of trying to bottom pick and you can see I gave back some profit, so I'm gon na be done for the day.

The other one on the day was ll. I T the song is a small one yeah. I really didn't do that. Well, as you can see, I cut it all out before the actual rip to 320s, which was what I was planning and hoping for, but the reason is I was watching an MVC so closely and getting in out of my position.

So many times in the first 30 minutes of the open, so I literally just couldn't keep an eye out Li T, so I just trimmed definitely with some opportunities there so and in that week nicely with the coronavirus sympathy place again with these sector sympathies they give Us a lot of range both to the upside downside, so whether you're long buyers or short buyers, there's almost always opportunities for all of us. As long as your patience and wait for your entries.