All right, so let's see it's about. oh, it's gotten a little bit later. this morning it's 907 and uh, so far we've had kind of a weird morning. Um, so by the way, in case you didn't already know, trading is risky, my results aren't typical, and there's no guarantee you'll find success, so take it slow.

Today is really unusual because we have this move on Cosm where it opened at six dollars a share and promptly dropped to 36 Cents losing 95 percent of its value and then right now has curled back up to four, which is like a thousand percent off the low. It's really crazy. um I I I'm I'm quite perplexed. so you know I've taken a couple trades on it, but um, and we can look at the chart in a bit more detail.

It's just it's really strange price action. so I I don't even I really am at a bit of a loss. so it is a reverse split. Um, so the charts sort of adjusted for the reverse split.

Um, and it just had a I mean it just had this huge sell-off and then came right back up. So um, in any case, at this point, what I was? So what I was kind of looking at on this is that it's it's had a range where the high right in this area was about uh, 390 392 and the low was about 236 and the pivot was about 354. but when it came up to 354, I was a little concerned it wasn't going to break that level because I was thinking well, geez, it's uh, it might have a sending resistance right here from this channel, but you could see it broke above it and broke through the double top and then came up to this high of uh 25. which was not bad and right now it's kind of at it's holding above the channel so it does seem like it's still worth considering.

It is by far our leading Um gapper in terms of volume. So in terms of volume, we've got 16 million shares on it and everything else is just nothing. It's also a leading gapper from a percentage standpoint. The float's a little higher, but I'm not sure that factors in the 25 to 1 reverse split that took place today.

So um, so let's go check the filings on this cosm so shares, what was the date of this? This is pretty old. Um, no, no okay, it's just amended, but it's amended for the calendar year of last year. I'm gonna check this one cares. So as of November 14th there were 84 million shares outstanding and 83 million shares outstanding.

Common stock okay, issued and outstanding. Okay, so yeah, so the float is going to be 1 25th of that because it's 25 to 1 reverse split. But as you can see right here, it just broke this blue trend line and so we've come back down below this level. Strange.

So that was sort of our tug of war spot right up there, which was pretty obvious. Pretty visible ton of volume down there in the 50s, but looking at this area, a lot of the volume is around three. Macd's crossed over going against the trade right now. so I don't know? Um, at this point you've got support down here around 3 40, 350.

so I could watch um I can watch this area and we could see whether or not. um, you know whether or not there's more opportunities on it. Yeah, I it's It's really hard someone's asking about whether trades could get um, like broken or if if they would like undo trades because maybe this was like some weird I don't know, like Algo error but it's I don't know I mean it's seems to me that it would be to try to break trades would be very complex. um because there's two sides to every trade and then of course those lead into I mean I I don't even I don't even know how they would do that would they give someone a just a credit and someone's gonna eat the loss if that's you know if it's a market maker I don't know I don't know who ends up taking the loss, but um I just don't know how they can just you know control Z undo like all that price action it doesn't I've never seen that happen before.

Maybe it has, but I just I wasn't aware of it anyway. So all right Bottoming Tail candle there. That's bullish. but we're back.

Um, right at this uh, resistance line that I've drawn. So right now I'm just sitting tight on it so you're back up there to 25. There's 30. it's almost like an inverted Head and Shoulders it sold off there, but then came right back up.

I Get a little cautious chasing this kind of move. The volume on this candle is a little lighter than the volume on this candle back here. If it starts to pull away like it breaks 35 45 and 55, then I can start to get more interested. which you know I kind of just did.

but now you're getting into extended areas. Good job. For those that saw something there and took a trade on it, high is 57 now. so this is getting extended up here I Didn't think it was going to be able to break back over that blue uh, resistance line.

so the high is 57. foreign of this little move. And then of course you've got six dollars back there. I Think some people would probably look at this as a micro pullback and possibly a buying opportunity for the break of 55 over 57.

But see, we'd get those big candles down. I Recognize the risk on it because it's extended and then, so that's where you have some traders who might have jumped in and then bailed out. That's a higher volume red candle. only got like 10 minutes.

the opening bell. 12 minutes. Thanks by the way, for those tuning in. Uh for the Morning Show on YouTube Appreciate you guys hitting the thumbs up and being here.

Foreign ERS Mentioning earlier that there were Brokers some Brokers were rejecting orders on it so you couldn't trade it at all I Don't know if that's been resolved, but I didn't have any problems with Lightspeed Foreign Thanks Eagles I Appreciate it. Well done. Good job. Hey Marcelo Good morning.

Well we have a bit of a shooting star candle here, but it's certainly worth continuing to watch. This is not usually what happens to this extent when you have a reverse split, so this is kind of unusual. foreign. Okay, so we're back coming back down here.

Uh, it's just a funny spot because you've got these ascending resistance lines. You've got this double top previous resistance area I think I'm just gonna sit tight on this for right now. Um yeah I have uh 2500 in profound this morning. So I got some profit.

but um you know, nothing big, just small trades on it. So when I'm trading I mean if I'm hot, if I'm on my trading screen you can see my P L because it comes to the the front. If I'm just looking at charts and stuff, it ends up getting moving to the back just because of the way. That works.

So yeah, right now, just sitting tight um I may take some more trades on Cosm, but I'm not sure I don't know. I'm content to have a um, you know, a small green day here today. Foreign. So we've got a little bit of a snow day here.

It's all kind of sleeting, sort of icy out. foreign. Yeah, I'll do that. Okay, all right.

so we've got three minutes the opening bell. so um, I'm gonna, um, switch my broadcast settings uh for uh, Warrior members and and the Morning Show and we'll be back at it on Monday morning. I Hope you guys have a great weekend study up. The Mark will be here bright and early Monday morning before you know it.

So I'll see you back here and reminder as always in case you didn't know, trading is risky. My results are not typical. There's no guarantee you'll find success whether you trade on your own or you'll learn from me. So make sure you practice in a simulator before you put real money on the line and don't try to blindly follow me or anyone else.

All right, take it slow. Okay, with that, we've got two and a half minutes the opening bell and I'm gonna restart. Uh, my broadcast change a couple settings. so Warrior members I'll see you in uh, just like 30 seconds.