Guys come on come on, you tell me, this is a coincidence. Short interest is up 2.72 percent. We had a freaking 10 percent gainer day and we brought lamp back literally today. You want to tell me lyft didn't do that you can't light tap.

You can't tell me lamp didn't make that happen. Baby, let's go oh baby. What is up everybody over the trace phrase? We freaking talk fast and don't skip class baby. I like it by saying that i'm gon na find let's get into the video.

So today, my friends, my family, my fellow girly gang we're gon na go over to ticker symbol. Amc, give you the update. I'm gon na go over ortex, i'm gon na go over the short volume percentage ratio. I want to go to the stockhold tracker.

Show you the call options in the money out the money, the total available shares to borrow and finish it off with the overall technical analysis which, by the way, is a filthy disgusting, nasty sort of setup. So i'm very excited to talk about this right now. Let's get into this rocking video, so we're gon na start off here with ortex, as you guys can see short interest went up 2.72 percent. Today you have a net difference: 2.35 million total shares borrowed into the market.

Now, there's a really interesting thing that i just watched uh pop up here from ortex, and i actually retweeted this - i think i retweeted this might have here. It is yeah, so the average age of short positions in amc is currently 46 days, indicating the average price that four positions worth entered is at about ten dollars. Now i actually talked about that on cnbc here today, with uh on fast money with melissa, lee and matt coors uh shout out to matt chris shout out to most elite absolute awesome uh. It was a good experience and i hope that it, you know, pass along some valuable information, but nonetheless that's a beautiful thing to see, because it means that the average losses for a short position right now.

Trading at 60 is 500 percent. That's stupid! You want to talk about dumb money. What kind of scenario like i don't get a negative freaking 20 position, i'm like yeah! I really messed that up. I got to take my loss, but these guys are down 500 percent.

Think about how ridiculous that is. That goes against all basic fundamental trading. It just does. It makes no sense.

So that's absolutely stupid utilization is also going back up here, which is a pretty fascinating thing to see it's up. 10 percent, the last seven days up to eighty seven percent, as the utilization goes back up, you're gon na see the cost to borrow go back up. Why is this cost to borrow annualized interest rate for any sort of short position or shares on loan sitting at 19, maximum cost, which is actually rivaling the height of where it was about a week ago, which is a good thing to see this happens because of Basic supply and demand right, less supply equals higher demand. Less overall shares to borrow means higher overall interest rates or costs to borrow so seeing the utilization goes up.

Gives you two confirmations one there's gon na be more pressure on short positions because it's gon na be you know the constant bar is gon na go up and two it's gon na be harder to borrow stock they're, not gon na have as much ammunition. There's gon na be more of a ceiling on the overall squeeze, so that's a beautiful thing to see true interest at 13.36 percent of free float. The free float is what is available to the retail trader after institutions. Insiders have taken their cut, 68 million total shares short interest.

This is an overall trend. 85 percent of the exchange data is reported to or text right. So it gives you an idea, and this is reported down right. We don't know if there's any sort of reporting in fact or texas had to correct themselves a couple of times just based on.

Oh, this is actually shares alone, not a short position. Then they get new data. It says otherwise. So take what you see with a grain of salt: it's a trend, it's not the overall picture, but the trend is that the short interest is going back up now check this out.

This is something i'm very excited to talk about and it's the overall freaking short volume percentage 43 on june 16th. So it's a stupid amount of shorting, that's still taking place, even though amc has been lights out for literally the last two three weeks. Now it doesn't make sense, never going to make sense, i mean, let me tell you something: let me tell you something if it doesn't make sense in your head, you're thinking about it. Why would you do this because it doesn't make any sense.

It makes no sense at all to sort of stop with this sort of volatility and momentum behind it. It's a dumb trade. It just is shorting amc stock right now, while there's still people holding this thing, while it's consolidating in the 55 60 dollar range. That shows you some stupid gorilla strength, consolidating at 55, 60 bucks shows you it's not a pump and dump it shows you people think it's going to go higher, it's as simple as it gets or you can read the chart.

It tells you the whole picture. If the chart's bullish right, it runs up to 77 dollars and it retraces, because that's what you watched happen. This was a retracement, it wasn't a pump and dump it was a retracement. It bounced off that 61.8 retracement almost picture perfect, that's strength! That's technical! That's trading! There's people holding this freaking stock right now.

It shows you the picture and if i was to see that as a short seller, i'd be thinking to myself holy piss. I need to get out of this because this is not done. There's more damage to come and there is there. 100 percent is stockholder tracker, i'm going to show the call options and the money this actually went up here, a little bit 200 uh 488.

Thousands will call options expiring in the money. I do think there was some edging that took place today, especially because the call options chain you had a large amount of call options between 59 and 60 bucks and you still do 22 000 and about 30 000 total call options between 59 and 60 bucks. So i would not be surprised if you saw some hedging, especially because we're closer to that friday, expiration date right. The closer at exploration, the more violence of a gamma squeeze you're going to see from call options running in the money.

So that's a beautiful thing to see. Another really interesting piece is how many call options are in the money and not the money for puts compared to cost now check this out. 488 000 total calls in the money out the money for puts 785 000 there's a lot of people that are going to lose a lot of money. This week i've talked about it before i'll talk about it again i'll say it again.

Right look at the puts on this. There are people who are playing puts for june 18th that have ridiculous strike prices. 16 000 puts at the 0.5 strike, meaning people for them even break even tomorrow. This would have to get to like 10 cents.

The way for them to make money on this is impossible if they just you beat down 98 on the day for this to even happen. So this is a really fascinating piece to see. I i you know, i don't wish it will on anybody, but hedge funds or betting against retail investors. There's a freaking vendetta.

There that's personal, that's freaking personal to me, so i've got no remorse for short sellers who are betting against the little guy betting against the us economy. You've got what's coming here, man, everything everything life's earned, good and bad. Everything in life is earned. So with that being said, you know, you've got the overall trend on what's happening in terms of numbers.

Let's talk about this technical setup because you've got a beautiful one right. You've got a beautiful, big fat nasty, inverse head and shoulders pattern. Now. What are the inverse head and shoulders to put this really, you know clear: a head and shoulders the inverse is the exact opposite of that right, it's upside down! So if i put this in stay in drawing mode check this out, this would be a head and shoulders pattern.

You've got a peak right here which forms a shoulder, the head and then another shoulder which forms after that, so the exact opposite of that would be an inverse it's upside down. This is a bullish, reversal, sort of setup right. So what you've got here is a shoulder. You've got a head right and then you've got a neckline and that neckline break usually comes with a violent move and now we're holding over that 60 level and we're starting to consolidate over it right.

That is acting as essentially a level of support, so what are we seeing right now right? Let's just check this out really quick. I don't want this trend line. Anywho check this out. 60 60 bucks we're holding just above that line.

You can act essentially, as that 63 level of resistance being the overall megalodon freaking level of resistance that will get you 10b town, big fat, nasty break. We rejected off of it a couple times today. Look at this one, two, three small actual bull trap setup. It didn't even sell off that much it bounced back really nice, with this big fat nasty hammer, candle and traded over the v watt for a pretty solid portion of the day outside of a small selloff almost into the close right down about 0.71.

Here in the after hours, but i'm not sweating about that, so what do i think is going to happen right? What's my prediction leading into tomorrow, i am still bullish. I think this week is is going to be a great one to set up for this freaking squeeze, especially if these next upcoming call off and start running in the money, it can really be lights out. It can be a nasty thing. So this is my hypothesis.

This is what i think right. This is just based on previous trends and the things that i've seen before you've got kind of an abcde pattern set up right here now. What does that mean? Abcde means trendline bounces. So what you have now is an ascending level of support and a horizontal level of resistance right and upside support, horizontal resistance.

You are essentially rocking a abcde setup, a b c d e. The d is going to be essentially a bounce back down to this ascending level of support. I can't guess it to the penny. I can't guess it to the dollar, but this is my estimate right.

I'm thinking the pre-market you're going to see some sort of drop down to essentially somewhere between 58 dollars, an hour guess about 56 bucks. I gave it a dollar range in both directions to ultimately get a clean break over 63 dollars sometime here in the regular market hours of the pre-market one of those two and get that you know, 65 70 75 gamma squeeze push. If it's going to happen. This is a bullish setup right.

You've got a lot of great confirmations here, 15 ma hooking away from that 200 ema, which means the microscopic price action is gapping away from the macroscopic price action trading of the view, op for a great majority of the day. You've got a triple bottom set up with an upside ascending level of support. You've got an inverse head and shoulder pattern with a neckline break set up right now. You've got an astronomical amount of call options that expire in the money, which would give you insane hedging.

Everything is leaning in the direction of the apes. This is bullish. This is beautiful. This is literally a sexy setup when in doubt, zoom out my friends.

This is not a pump and dump, and it never was it never will be. This shows you it. You want to see what's happening with the stock on any given day. Look at the chart.

It tells you right what this is telling me right now is people are holding it? People are holding it if it ran up to 77 and exactly what happened back here when i ran up to freaking 25. That is not strength right. This is volatile, stupid ridiculousness and it didn't last right. That's not sustainable this.

What we're seeing right now, while you will eventually run into volume exhaustion, essentially the idea that you run out of liquidity. People can't play as much so eventually lowers back down until people have enough money to play right. We don't that's, not an issue yet, because people are still buying the stock. The volume is still incredibly high.

It's actually about a baseline. I mean it's consistently trading between 140 million and almost 300 million volume every day. That's nasty! This is strength. There's absolute stupid, ape guerrilla strength, rocking an amc stock right now, and i stand by my statement and i always will, until the freaking music changes that there's more upside here there just is: there's more money to be made on amc stock, and i can't wait for That day to come and that's what i've got for this video, so blah blah blah blah blah blah drop a like and subscribe.

What do you want to do my friends catch you all in the next? One hope you all were freaking cooking with cusco. Today. Don't attend the town, chicken church, kraken kingdom, light taps peace.