What is up guys welcome back here we are again amc gang apes together, the gorillas, the the traders crew. We are back for another video. My voice is doing some goofy stuff, i'm gon na say one thing: real, quick, i'm gon na drop. This comment, please, like the video, because you already know what i'm about to say.

We like this mfn stock baby. It is a beautiful stock, gosh, gosh dang. It tell me that this stock is worth less than a movie ticket right, no way, no way, not a chance. You already know how it is.

You already know that is not how it is so uh, let's just get rocking, what's up guys back for another traders podcast. I think this is episode. 14.. We've been doing this for a while we're gon na if you're new to the uh the live stream.

Welcome. It's good to have you here. We are basically just gon na. Do a live price action.

Ask answer any questions you guys have regarding amc. I do put out daily updates, usually in the evening uh just talking about all the recent news. That's come out regarding amc. All the recent price action anything that can affect the stock price, the whole nine yards right, we're in this for the long haul.

We know we know the cause. We know the reasoning uh we're just gon na. Let some people roll in here and look at some questions. Trey the goat.

I don't know who started that i was on brian jones, live stream and uh, and everyone started saying that i was like man, you got ta, you got ta, stop saying that! That's not true, i'm just i'm just some random dude, i'm just a random dude. Just like you guys, just like you guys, amc gme trading volume is low. Is this the precursor to the short squeeze? So the volume is low guys because this has been going down for quite a while uh, as as the stock continues to progress guys. This is a situation.

That's going to take time to develop right d'angelo. Thank you very much. Ebay store trade, the goat god dang. It you guys think that's the funniest thing ever: huh trey, the goat, no, no trade, the dude tray, some random dude call me trey the gorilla, i'm fine with that trey the gorilla blake webster all right! Thank you guys for the super chats.

I do appreciate everybody here, it's great to have you all uh. When do you think we're headed to the moon amc so amc as it sits right now, i'm going to show you how the charts look uh in this current situation. We are actually on an ascending uh level of support, which is beautiful. This is the first time in a little bit that we've actually seen some stability in the stock and the price action a little bit of predictability right.

The rsi is actually trading right now at 48, which is just a hair below neutral, and i do think you're pretty likely to start seeing a turnaround here. One thing that i think is very important that i'm seeing is, if we zoom in here, you can see that the 50, the 15 ma the moving average did just cross over the 200 ema, and that is typically a bullish reversal indicator. So if we can get some momentum to follow through with the the price action on this stock right now, i do anticipate that we're going to see some pretty nice movement. We are actually a little bit right here in the pre-market, not bad down about 1.67 percent or so, but that is not uh.

That's not terrible. We only get back about one and a half percent total on what we closed the day yesterday, which was about a 20 gain, so i am 100 content with that guys uh. We know that being an amc we're in for the long haul we're in for the cause, and it could take some time for this to develop, but the squeeze potential is 100 there. If you have not been able to catch my most recent videos here, i will show you uh what we're looking like in terms of short interest on amc, so we're gon na type in amc, short interest, and i'm gon na show you to this uh show you Guys this from fintel - and this was updated as of yesterday february third, and as of february 3rd, we did have the ssr in place, the short sale rule.

We saw 61 million in total short volume still, which was 28 of the total market volume. On the day of 220 million total shares that exchanged hands and in comparison to the previous days that was about half, this doesn't necessarily mean that this is all the short volume that is uh that is currently in the stock. That just means that's how much was traded yesterday, so we see that there were 61 million shares traded yesterday and with the ssr in place that being almost 28 of the total market volume guys, we still went positive about 20, which is absolutely beautiful. Such gold, such absolute gold, yeah man, i love it.

I love it. I love that price action all right. I'm gon na read some more comments here, johnny clark, thank you very much, sensex and amc's on the moon. Thanks for everything, we got your back on everything.

I appreciate that my friend we're gon na keep pumping this stuff out we're gon na keep having these live streams. I love chat with everybody, love watching the live price action. It is a blast. It's genuinely there's nothing that i enjoy more than chat with the community.

Here and the fellow traders welcome to everybody: josh walker made 100 profit from atos. Thanks for the advice anytime, my friend atos is actually called god. They're cooking right now, they're actually pulling back a little bit, which is good because they've been absolutely crushing in the pre-market up 40 percent, which is disgusting, absolute filth and i'd. Imagine if this, if this pulls back healthy right, a nice healthy, pullback, it's gon na be anywhere between 38 and 50.

So if you want an entrance into atos, i would say anywhere between 432 and 447 is going to treat you pretty well uh, but this stock is on fire. Guys. Atos is crushing it's a great stock. I, like atos a lot gon na, come back here to amc wherever the heck.

I have that i knocked out some videos. This morning i was looking at some different stocks. I like doing a little bit of screening. I do wake up at about three every day.

Just to do some screening figure out what i'd like to put on the videos for the day, all right, monty gg. Thank you for the super chat, hey trey. I found you last week loving the content. Can you check on etos today? They had big news yesterday and would love your thoughts yeah i mean i did just touch on it, but i like atos a lot.

I think atos is a great stock, um and they're they're crushing right now. If you missed out on an opportunity to get into this, i would wait for a better entry point. I mean we're currently 42 on the rsi, so that might be the length of the pullback, but i would watch for a significant bounce. So if you see a wide range candle bar like uh, something something like this, you see a wide range candle bar that follows through with one of these red candles and engulfs it.

So a golfing candlestick pattern would look something like this guys, so you've got a large green candle engulfing this, the smaller one. It's larger right that isn't a gulping candlestick pattern. If you see that that to me is going to indicate a bounce and a bottom out in which i would feel safer, getting into the stock, so uh watch for that ato's should crush. Today, though, it's already up in the pre-market, i anticipate you're going to continue to see it running back here to amc, jake howden.

Thank you for the super chat. My friend, i appreciate you very much just found your channel yesterday. I've watched like 100 of your videos, since oh my god, dude you're you're devoted yeah. I don't think i've even watched 100 of my own videos.

That's awesome: uh trey, the goat tray, the eight tray, the gorilla come on. Let's get that trending tray the gorilla. I like that urban coyote. Thank you my friend average joe love, the video straight, keep it up great information and out of this world energy man, my energy is, is bad for my own good.

It's crushing my voice, but i just can't help it. I love the stocks man we like the stock. We like this stock, i'm passionate chef. Here's some money towards a new shirt looks like you haven't, been able to do laundry if you're wearing that i, like my shark shirt, i like my shark shirt man.

This is a good shirt, but i appreciate that i'll get a i'll get a nice cheap tea. Today, amc to the moon to pluto riding on spacex rocket, we're gon na name that thing amc, amc, theaters baby. I love seeing all these memes going around right now, uh regarding amc and all that stuff. Oh my gosh.

They cracked me up amc memes. Let's just look at some of these: let's just look at some of these memes guys. Well, that's that's! Not an amc meme at all, but memes of trading gamestop see if we can see anything good, ah, there's a bunch of garbage, but i've seen some good ones out there. If you guys have any good memes feel free to share 100 all right.

Currently, we are uh rocking amc. We do have that pulled up on the charts down about three percent in the pre-market having a little bit of a pullback. If we look at this microscopically really quick and just take a peek at uh how the price action is looking in comparison to the rest of the pre-market, we had a nice little push at uh open. So if we come here to market open, which would have been about 4 00 a.m, you can see that we opened up at right around 8.59, currently trading at uh, eight, eight uh 869..

So up a little bit, we are pulling back just slightly volume for the day in a one minute timeframe, we're seeing about 5 000 shares, which is less than we've seen in the past, but uh not terrible, does look like. We have a wide range candle right now. This could be in a gulping candlestick pattern and two little high closed candlestick uh. I do like to see that that could be the bottom right there.

Uh still setting higher lows and higher highs, it still is, is still uh upward trending, which is good to see. I do like to see that i'd like to see a couple more touch points, but we're gon na hang tight. We're gon na keep watching the price action and riding along with amc, because this we're in for the ride baby, that's what it's all about all right read! Some more of these comments have a 2-5 call strike 320 and 148 premium. The premium is 98 cents today.

What's my best route, hmm, the premium is 98 cents today i think you're, fine man. I i'd feel okay with that. But, of course, don't play with any money. You're not willing to lose amc is an extremely volatile stock right now.

So, just be very careful, that's my that's my opinion. I prefer to own shares on stocks like this, because if i need to pull out at any second, i cannot that i plan on it. You know i'm still in my position at amc. I will show you right now: i've got 386 shares of amc currently down about 100, not the end of the world, i'm fine with that.

I'm fine with that 100 percent, all right between fin vis, pencil market watch etc. What's the best subscriptions for information, i enjoy fintel quite a bit. They do update their information on a daily basis, so when the market closes, it's usually about an hour after that, they update all the recent information and then i do also pay for ortex. So, if you're willing to pay a monthly uh subscription, ortex does provide you great great information.

They give you a one week free trial as well, if you're interested in that and i'll just pull this up really quick. Ortex great information they've got a bunch of different stuff here and i typically use it mostly for uh short interest. You know you can check out amc on here. For instance, it's got anything you want to know analyst ratings, uh events, macro events, revenue, insider buying, uh momentum.

You can see the the in the short interest right here. Most recently settlement date was 15 january, so i like fintel, instead of or text for that, but it does have utilization. Look at this. Currently, 88 percent of total lendable shares are out uh to two people who are shorting the stock, which means only 12 percent of lendable shares are available.

So that's a good tool tells you their interest rate for costs, to borrow it tells you days to cover basic cover, has actually gone up a little bit and that's good looks like 0.65 may have been the bottom. So as we see this numbers start to creep up, that is going to indicate that there's more pressure on um on the shorts. So i like to look at that. I like to look on shares on loan.

I like to look at the percentage free float, ortex and fintel are my two favorites. My friend hope that answers your question. Thank you to everybody for joining the traders podcast. We are back again for another video.

If you will not my doing me, one favor liking. This video, because we like this mfn stock baby, we like this stock. That's all it is all right. Gon na give a quick shout out to everybody, dropping a super uh super chat.

I do appreciate everybody. We did see it bounce first. I do want to say that for anybody who's wondering what this candlestick pattern is, this is called a two lows high close now, what does that mean? We've got a a red candle that opens high closes low. Second candle that opens low closes high.

That is a bullish reversal indicator, typically a good thing and we do have the engulfing candlestick pattern, so i do anticipate that that is likely the bottom microscopically speaking. We should see a little bit more movement here. We do have some nice movement on the candles long wicks on the top uh pretty decent wicks uh topping tails. Typically, that means there's a little bit of selling pressure as well, but we're gon na see how this ends up.

Panning out appreciate everybody joining in today. Tuning in for the live stream - michael michael ike, thank you so much for the donation. My friend love the content. Fellow veteran here.

Thank you for your service, so i really like opt. Can you tell me what you think and a possible entry point? I love opt, this is ocean power tech. They are a clean energy play similar to, i wouldn't say similar they're different niches, but uh clean energy right now is the way it is the way. This is the way.

This is the way man i love it. It's on an upward moving channel. You can see that we've got an ascending level of resistance as well as a level of support, so it is moving really cleanly in this upward channel. Good entry point right now at 472., you get into this for between 465 and 475 you're gon na do extremely well, my friend douglas.

Thank you. I appreciate you jonathan digging, the shirt, hey, that's better! That's better, because i, like my shirt too. I like this shirt. It's a little wrinkly, it's a little wrinkly.

I need, i need to iron it, but that is uh. It is what it is. It is what it is: hey, trey. What do you think of sspk they're trying to acquire weed maps i'll pull it up? Real, quick? No problem we're gon na mainly focus today on amc, but it is the pre-market right now, so i will check this stuff out as far as uh.

This is a this is a merger company. This is a spack play and uh they're, a nice upward movement. Right now, they're still setting higher lows higher highs. You can see there's an upward trend.

Uh utilizing this ascending level of support, that's being really really well respected by the charts, uh good entry point right now. I would say if you can get this at about 20 and 26 cents, that does line up well with a couple different touch points here: good level of support, that'll treat you pretty well all righty, all righty justin porter. Thank you so much. How do i feel about apple uh apple is, it is what it is.

We know what apple is guys apple's gon na continue to be a monopoly. It's gon na continue to do well, and i would just uh i would. I would hang in there tight and uh if you're gon na invest in apple guys. That's when you said and forget it right, you put in your money and you check back on it in five years and you're, probably gon na be up 50.

60 percent douglas. Thank you en ph. I will look at this really quick, but we are going to focus today on uh, amc and gamestop. If that is okay with you guys, we'll cover tickers more so later, but the first thing i'm noticing is, we do, have you already know it drop in the comments section? I don't have to say it.

I don't have to say it. I don't have to say it, but i'm going to say it anyway, the george w the double bottom. We got a bottom here, an ascending bottom here, oh man, that's beautiful! That is the sign to me of a bullish reversal, drop that freaking george w in the chat guys, because this is a george w beautiful looks good. I don't mind that at all all right, gon na gon na read off these uh.

These super chats. I appreciate everybody i wan na stay up to date with the most recent comments so jake. I appreciate you trey the gorilla. I appreciate that uh arch, i appreciate you as well urban burnock, matt mason.

Thank you so much for all your stonk needs. Oh, i got ta check this link out now i have to i got ta check out this link. I'm gon na copy this and open it up and we're gon na we're gon na drop it on over to the screen. So you guys can see some beautiful stocks stock watch.org, let's check it out, checking out stockwatch.org coming from mason.

Thank you, my friend stock watch. Oh that's! Pretty nice! Look at that good stuff, so this looks like a pretty solid uh. Pretty solid resource tells you. The average mentions per day total mentions percentage change trade volume stock, that's pretty good stuff.

That could be good for indicating when a stock is really getting ready to. Pop amc has been crushing. Amc has talked about more than almost anything beautiful, beautiful surviving monday. I appreciate you, my friend, izark uh, jesse gon na read off a couple, more names here and scroll all the way to the bottom, just keep up with everybody jesse nick tapp.

I appreciate you. Thank you very much xenix. This is my tattoo. I've got.

I've got a sleeve right here, uh raven tree. This is uh. My favorite band's logo of mice and men got another raven a skull and i've got a leg sleeve as well, but i appreciate that. Thank you very much alex ben uh, chili paha clutch appreciate you very much my friend.

Thank you. Thank you. Topher jason jonas mark phil, andre everybody here. Thank you.

So much we're gon na come back to amc and we're gon na check out how we're looking at the pre-market currently down about three percent as it sits. We are retesting this ascending level of support and we do see a nice wide range candle bar, not looking too bad. I do see some people mentioning saba saba is a play that has gone absolutely uh insane. I this isn't.

This isn't something i want to touch. I'm not gon na lie to you. It scares me a little bit. I don't like chasing stocks, it does look like it might have pulled back a little bit, though, which is actually good.

I feel a little more comfortable people getting into this with that pullback and it does look like we saw a nice bounce so that could be indicative of uh. You know the bottom, it does retrace the 38.2 percent. So if you're looking to get in you know, maybe you can do okay now, but just be very, very cautious, be very cautious at buying into this. I don't want you guys getting burned, make sure you have a trailing stop-loss and find a better entry point if it does end up pulling back.

That is my personal opinion. Gon na come back here to amc real quick. Thank you guys so much for tuning in to another episode of the trader's podcast we're we're chilling. I had a beautiful breakfast this morning: microwaved uh, potatoes and meatloaf.

It is a beautiful day um. I also had some great hotel coffee, i'm currently chilling in a hotel here in oklahoma, at fort still, which is where i'm going to be for a basic officer leadership course. I'm training in on air defense artillery and in my free time i am i'm covering these amc stocks uh, because we absolutely love this stock and i love the cause. My friends, you should know about uh, p c p, s h and a t h, x, c, p s h, so i have heard of cpsh.

It is up about seven and a half percent on the day it's doing pretty decent and here in the pre-market. But it's uh, it's it's nasty, it looks really. Nice looks really really nice good entry point somewhere between 14 46 and 16 13.. All right, thank you to everybody tuning in real, quick man.

You guys are active today. This is crazy. You guys are just jam-packed full of energy nndm breaking out. What is it now check this out real, quick, currently up 0.45 on the day, nano dimensions is a great company.

This will always continue to do. Well, i absolutely love nano dimensions. I wouldn't quite call that a breakout, but it is up in the pre-market, which is good. It is good, it looks.

Good volume is consistent. You can predict the price action here. I think a year down the road. This is going to be a 40 or 50 company, absolutely love nano dimensions, don't have a position, but i still love them.

I'll. Tell you that right now, good morning, buddy thank you brett. I hope your wife is doing well thanks for the videos this morning i have had a position in vine for a while, so i was glad to see the video talk about it. Yeah man, vine looks good.

It is a it's a it's a it's! A solid company and we've got a great opportunity here to get into the stock for pretty cheap right now, uh comparatively to where it has been in the past, so you're gon na do pretty well. Why are they saying amc really isn't short um, i'm not sure what to tell you man, because if we look here at the information, the information says what it says. The utilization of current shortable shares is 88, there's only 12 available to lend. We can see that on fintel it is still extremely high.

So if we pull back up intel amc short interest, you can see the previous trading day even with ssr in place. We saw 61 million total short volume, which was 28 of the short volume uh. The total market volume i should say and guys considering that, considering that we had almost 30 percent of the total volume on the day yesterday to be shorting. That is great.

We did great. We had a 20 gain day. That is insane. You can't beat that you can't beat that at all.

Amc right now is crushing it is doing pretty well, we are coming back. We are finally in an upward moving channel uh. I i am not worried at this moment. It does look like we are starting to regain some bullish territory.

The days of cover is starting to go up, which means that it is going to take more time for shorts to cover back on their positions, means that they're they're a little more in the hole than they were before. Granted, it's just barely. It is just barely, but that, at the end of the day, that is still a difference and i feel good about where we're sitting any ideas on check check is a company that i think has a lot of ups and downs. Uh currently trading at uh looks like about 1.71 yeah, so right now i think the best opportunity with check is as a as a swing, because it is moving sideways, pretty bad right now.

But if you can ride the the lows at about 1.47 and then re-test, you know 223. It does do that quite frequently here over the last month. So i think, there's a lot of opportunities. There uh, in my personal opinion, as a swing rather than a hold at this given moment coming back here, to amc, we're gon na take another another look at the price action on the one minute chart.

We did see that nice engulfing candle pattern. We are still retesting this ascending level of support about 10 minutes away from the open, as it sits right now, current uh current level twos. I was asked by somebody what the level twos mean so level. Two is basically what this tells you.

It's a way to predict uh future levels of support and resistance. So as we see right now, the bids are people trying to buy and the ask is people trying to sell so we can see that we have a lot of sell orders at 873 there's about 8 000 uh total orders trying to get filled right there. So you can guess that 873 is gon na, be a pretty solid level of resistance, and you can see that right here right. We see a wick already touching at 873., so you can actually use these level twos as a way to predict future price action.

Potential entry points, exit points, levels of resistance levels of support, the whole nine yards, and that is why i love the level twos weibull does offer this. You do have to pay for it. I think if you refer people for stocks or whatever they sometimes you can, you can win it on their spin wheel or whatever, but uh it's a great tool. I absolutely love it and i recommend it to anybody.

Gon na read some more comments here. Thank you. Everybody for uh for the super chats and for tuning in. I really do appreciate everybody right now.

It does mean a lot to me. Have you seen on elon's tweets? I did. I did see elon's tweets dude. That guy is something else.

I think he's really pushing. Dogecoin, isn't he i retweeted one of his tweets today i definitely did. I cannot lie all right. Where is it where? Where where did we go? I know what i did so, let's check this out.

I be, i am become meme destroyer of shorts. True way to destroy shorts and truly become meme is to buy and hold amc god dang elon god dang elon. He really needs to. He really needs to do it.

I think he did pump dogecoin, though i'm gon na take another piece. Sandstorm is a masterpiece? Pull up uh dogecoin is a people's crypto, no need to be a giga chad to own you're. Welcome man he's really trying to pump that stuff. He is really trying to push dogecoin pretty interesting stuff.

It is indeed all right. Uwmc had crazy earnings. Report 822 increase over 2019 and q4. That's pretty insane man, i mean you can't complain about that at all.

It does look like it's. A merger play um. Let's take a quick peek, maybe it's not i mean i assume so because of holdings, but i could be wrong. I'm gon na check here on the three months and see if it looks any different yeah it does look like it is.

I mean we do see that ten dollar basically uh floor, so that looks like a pretty decent time to buy. I mean i wait for a small pullback uh, but that does look like it's finally bouncing off that pretty gnarly dip. So i think i think, there's some potential, especially since you're talking about the uh, the q4 earnings being very solid 100. I i totally hear where you're coming from my friend coming back here to amc.

We do see a little bit of price rejection right here and looking at the level twos, there aren't any huge sell orders at any particular level. Quite a few bids coming in quite a few bids. We got a lot of buys at 860., so i would anticipate based on that that you are going to see. I don't know if those are going to get filled.

Man that's pretty far down there, a lot of buys at 860.. Ah, they're really thinking this is gon na tank. I don't know that i would ask for this at 860, based on the information that i'm seeing right now, but we've got quite a few, buys at 860 and 865 waiting to be filled. We will see uh if we do end up dropping down there, but if we do, we know that there is gon na, be a solid level of support and a good wall and uh.

If you would not mind liking the video, because we like this stock, that is all that i ask for my friends. I promise you. That is all i ask sean crook. Thank you so much adam fyi, 3am musk, promoting doge on twitter new bottom has been 5 cents.

A share. 200 000 shares at 0.001, equals 200 now worth 10k. For me, man, you're, crushing at them that's good. I never bought into dogecoin, but for the people out there that made money.

That's all it matters to me, my friends, if you guys are crushing that is uh. That is good! Stuff! Happy for you, adam! That's good money mark! Thank you very much. My friend uh douglas adam matthew, i'm gon na try and read through all these guys because i do want to stay with the most up-to-date information here. Adam matthew object.

Thank you so much josh. Sarah. I appreciate you. 22 72 kill zone uh jamie daryl.

Thank you very much mark, so i will start off here with daryl goodbye in for cciv hold amc apes, please hold unless you cannot financially afford it. Everybody is in a different financial situation. We totally 100 understand that guys and if you are in a situation where it is not doable for you, i understand that so take care of yourself. First pay! Your bills, feed your family uh! Do what you need to do.

We all understand. I think that a solid entry point here is going to be around 23 30 to 24. It does look like it is doing a downward trend right now and from what we've seen. We do see that it does respect this level of support, so i'd anticipate that you're likely to see you know if we break below this level of support right here at 27.91, a good entry point being right around 23 60 to 24.

If we don't, you see a hard push, you know this uh, this 2770 range is not bad. I think it'll treat you pretty well, but i think you can get a better price. I'm gon na be honest with you, i'm gon na be honest with you. I hope that helps my friend mark.

Thank you so much as well. I do appreciate you a lot um we're gon na check out a gtc, really quick after this guys. I am going to come back to amc and i would like to focus on amc for the day i do like getting your tickers. I do like answering your questions, but uh.

I do want to primarily focus on uh amc for the days. That is why people are here, that is the title of the video uh, but we will answer your question really, quick, that that candle wick is really just making things hard to read: geez shoot man. That is a really confusing candle wick. Why do they have why you got ta? Do that? Well from what i can see we're just gon na zoom out like this.

It is somewhat on an ascending level uh of support, so it is moving upward, but it is so hard to read with that stupid candle, wick man - that is really screwing things up here. I think a good entry point would be right around 425.. If you can get this 15 cents cheaper, i think that'll treat you well, it is, it is it's just now approaching uh bullish territory, which is good um. The 15 ma is about to cross over 200 ema.

That is the blue line over the purple line. That is typically a good sign of upcoming bullish movement. I hope that answers your question currently. Training at 56 on the rsi so buying at this given moment will not treat you poorly, but you can get it a little better of a price search up syndicate youtuber! You guys have to be twins, syndicate youtuber.

Well now i got ta, i'm pretty sure syndicate watches here. Oh man, no, i'm just kidding. He looks just like me. How about that wow? Does he have a pretty big channel? I can't believe i've ever heard of him.

He used that blue hair syndicate gon na check out syndicate. Oh, is he a streamer yeah holy toledo? Yeah he's got a big channel. I feel like i've watched a couple of his videos on cod. I play cold war a little bit all right.

Look at aacg guys. I really do want to focus on amc today, i'm not trying to be rude in the least bit, but this is the point of this. Uh stream is to to focus on the price action on amc. I will look at this ticker, but i really would appreciate if we can focus on uh on amc and gamestop today.

I will look at aacg very briefly, but i do want to focus on what the the purpose of the the live stream is. My friends just respect everybody else who is tuning in so we are currently moving up very nice here in the pre-market does look good if you're looking for a quick swing on this getting in at about three dollars and 38 cents at market open, i anticipate you're Gon na see a pullback um, just based on this huge gap up that will probably treat you pretty well. Typically, when there's a gap up, you do see. A pullback and uh pullback to 50 is also likely if we do end up breaking below this ascending level of support.

We do have a george w as well big fat, double bottom. Typically bullish, we'll see what happens. We are two minutes away from market open gon na come over here to amc and take a peek at the price action here looks like we have a ascending double bottom george: w we've got uh inverse head and shoulders right here. There's the head two shoulders: neckline did not work right now, but we are still setting higher lows and higher highs.

This ascending level of support is being respected very well. We are currently about a minute and a half away from market open on amc. Looking at the current price action, we have a wall of resistance sitting at about 8.75. There are 8 000 sell orders waiting to be filled at 8.75.

We do have quite a few buy orders between 865 and 868., so i do anticipate you're likely to see a nice solid level of support in between that price zone, which would be right about here. So keep that in the back of your mind when you watch the price action, i don't think you're gon na see it drop much below this, this little white box right here and uh. That's how we're looking right now. Thank you very much.

My friends michael. I appreciate you andrea green, thank you very much, trey weiser, oh man. No, no! No! No! There's good! Youtubers out there! There is good youtubers out there. Man uh, there's, there's way better than me, but i do enjoy it.

I love what we're doing right now and i appreciate the kind words uh as far as naked goes. Um naked is a stock. That's riding momentum right now. I don't really highly think of the company to be honest with you, but the price action on it is bullish, looks pretty solid.

My friend uh buying opinions on amc, so we do know that we have a respected ascending level of support right here and since we know that we have that right, we can. We can assume that buying it at that point is gon na treat you pretty well. So if you come over here to the one minute chart and you respect that ascending level of uh support, currently a good buy-in, you might see a sell-off here at open, we're 15 seconds away. We're gon na find out it's gon na be 8.67.

So let's watch the first 10 minutes of market open uh, it's usually the most volatile. We do see the most volatility in volume for the first half hour to hour of market open and we are about to hit the bell, and here we are market. Open, did just hit. So as i'm looking at the level twos right now, we see that there are quite a few sell orders at 873 and 875, a lot of buy orders at 860., so we're gon na move down this level of support down to 860.

As we do see, there are quite a few buy orders here, so we're gon na keep that watching. We did break below that previous level of support holding up by 860 right now, 850. There are quite a few buy orders as well, so we're gon na drop. This down to 850, there are currently 12 000 buy orders at 850..

Wait for a bottom here before you enter your position. We do want to see a bottom. We want to see a bounce. Otherwise that does not signify to me that we have had a reversal in trend a lot of buyers.

850. 12. 000.. Not a lot of sell orders, not a lot of sell orders in comparison to buys 850 does look like that might be the bottom just based on the amount we do have 3000 shares left, so about 9 000 of those got filled, does look like 850 may.

Be the bottom for now i did see quite a few sell orders at 865. so 865.. This is the. This is kind of the price range we're trading in right.

Now i'm going to delete this ascending level of support, so we can watch the live price action here. Quite a few buy orders. At 850. we increased back to 12 000..

Does look like that's going to hold pretty well uh. It does look like this. Candlewick is testing. These orders are getting filled now.

840. 840 does have 850 10 000.. It's happening so fast guys. We can't even keep up absolutely insane man.

This is moving all right. We got a wide range candle bar wide range. Candle part is moving back in we're. Looking for a two lows.

High close to those high close means that you have a candle that opens high, closes low, followed by a candle that opens low, closes high. That would be a bullish reversal indicator as it would sit. There are quite a few buy orders sitting at 850, 11 000 total. That should be a nice acting level of support does look like they got filled very quickly.

840 is next: we've got 5 000 buy orders at 8.40, i'm going to read through some comments: real quick, cynics energy. Thank you. So much just started stock trading after a few years of binary experience off the top thanks for the knowledge, i've learned a lot already in your opinion. Can you start with a couple hundred and be successful 100? My friend, you don't need to start with a lot of money to become a good investor.

In fact, i suggest you start with not a lot of money, because then you can afford to take risks without losing your entire portfolio. So i started with about eight thousand dollars two months ago in my fidelity account, and i turned that into 46k within two months, so it was 100 possible to start with a couple hundred bucks and and transform your portfolio extremely extremely fast in my weeble account guys. I started with about a hundred dollars and i currently am sitting with uh a total total market value of three thousand four hundred and twenty four, so it has been done. I've been doing pretty well for myself.

I can't complain, i'm very happy with the action that we're seeing so far, all right so as it sits right now on the level twos 845 is where we're seeing a lot of uh buy orders asking to be filled 845. There are 9 000.. We do have one can away touching. This is the low of the day.

So far we are down about five percent. We take a look at gamestop in comparison. We're gon na hop over here to gamestop, really quick and compare and gamestop is holding up a little bit better today than amc so far, gamestop and afc do typically mirror each other in price action. You can take this for what it is.

I personally think that this is a sign of the manipulation that is happening, the hedge funds and other people controlling the stock and the price action on the stock uh. They very closely mirror each other. I'm going to show you guys a customized format that i have, which i can show you multiple charts on and if we take a look at the multiple charts, i'm going gon na pull up for you, uh gme, compared to amc and i'm gon na change. This to two and i'm gon na show you amc.

So if we look at amc compared to gme and we throw this up on a one month chart, they look very very similar. That is very similar price action, guys that tells you everything you need to know about the situation going on right now, so typically, if gamestop does see a bounce you're likely to see the same thing happen with amc, i'm gon na come back here to amc and Take a quick peek and we do see that it is starting to happen right now. Gamestop did see the bounce and amc does look like it is beginning to as well long can wick on top typically a little bit of a bearish indicator. We are looking for uh more of a fill here.

That is a pretty nasty long wick, so we are looking for a reversal still all right, all right. Sarah! Thank you very much. It's cold and snowy here in mn, thanks for all your help and explaining things to no you're not done my friend you're, not dumb you're learning everybody starts somewhere. I promise you that much appreciated.

Thank you. I appreciate that. Thank you for everybody. That's dropping a super chat.

Thank you for everybody, watching the live stream right now we will be going for a while as long as you guys want to watch the live stream. I will be here as long as my voice holds up. Okay, i do have a little bit of a raspy. Throw you'll have to excuse me here, but i will do my best to keep up with everybody on this beautiful live stream this morning.

This is for amc and gme. There are other platforms cover other plays on youtube. Please respect trey's request. Thank you, my friend.

I do appreciate that a lot uh i i will have live streams in the future, where we do just cover whatever ticker symbols you want to, but i am trying to respect everybody watching the stream here as it is uh. It is the title of the video and i don't want to disrespect people's time. Okay, so amc is still bottoming right now we are still looking at quite a bit of selling pressure, but there's not a lot of uh a lot of sellers, so this is a little bit confusing. You guys are looking at the level twos in real time.

Look at the amount of sellers compared to the amount of buyers. This is uh. This is pretty drastic difference. There's a lot of buyers at eight dollars and 19 cents quite a few buyers.

So as it sits right now, we did fill those orders extremely fast, 811. Coming up next, but there's not a lot of sellers coming in guys, not a lot of sellers. The bid is much higher than the ask. This is very strange to watch.

This is really strange. This this is to me very uh. It makes no sense. You can see you can see it with your own eyes.

You can see with your own eyes that this is manipulation. My friends, it makes me sound like conspiracy theorist, but i swear i swear, you can look at it. You can see the numbers all right. Jay tom, thank you so much.

I appreciate you options buying on amc asking for a friend uh, to be completely honest with you. I don't typically buy options that frequently don't let that deter you from doing it yourself, but i typically like to to be able to control the price action and buy and sell as i please uh and i i i'm willing to pay the extra amount of cash Uh for the returns, because what's nice about options right is you don't have to spend a lot of money to leverage a large amount of money but don't have to deteriorate? My friend uh? You can do very well with options on amc. If i, if you were to set an option here, i would say just make sure you set the uh the expiration for a little ways out, maybe not anytime. In february uh set it up for march.

Pay a little higher premium. Make sure that you're really locking in your profits and giving yourself a little bit little bit of breathing room just because we know amc is a volatile stock and it is very unpredictable all smokey. Thank you, my friend juan thank you as well. Amc army lock and load for the cause, shotgun baby gorilla gang.

Oh that's, got ta, be something gorilla gang all right did i see that anub is blowing up. We will take a quick peek at a new anub is up five percent on the day, not bad, not bad whatsoever. It is about time and it saw a nice bounce. It's been training sideways for quite some time.

It is time for it to return back to some previous highs, as it sits right now. It does look like we have. Finally, some candle wicks here the the candle size is beginning to decrease. We are seeing quite a bit of red selling right here, but, as you guys are watching in real time, we don't have a lot of sellers stepping in right now at uh the level twos more buyers.

By far, we have a 57 000 share order, waiting to be filled at eight dollars, so i would be extremely extremely surprised, although i have been. I have been wrong in the past and we are seeing some pretty extreme selling right now. I would be surprised to see this drop below eight dollars, as we do have quite a few orders to fill. There does look like we have a possible reversal candle.

This is the first green candle we've seen so far this morning. Quite a few buyers on the level twos the first five to ten minutes, guys to give you a little bit of a history lesson on market open is typically the most volatile of the day. Uh you see the most volume and volume drives volatility. Volatility drives both higher and lower price valuations.

So with that volatility you, you can't expect to see a sell-off similar to this, as we are seeing right now, uh people either a getting scared, taking profits, taking their losses or b. What i think is more likely market manipulation, naked shorting and uh short laddering. I am not entirely aware if ssr is in place today, i have read multiple sources that say it is not and that it is, i don't want to uh. I don't want to give anybody any false information, so i'm going to err on the side of caution.

If anybody does have a resource and wants to share it, we can 100 pull that up here. For you to take a look at. I just said that atos is doing pretty well here in the chat bar, so i'm going to pull that up really quick. It is up 45.

It was up real nice today, here in the pre-market, had a nice pullback. That was probably your opportunity for a quick entry into the stock. If you were looking for one coming back here to amc, thank you to everybody for joining. If you would not mind, please drop a like because gorilla gang.

We like the stock. We want to see amc, go to freaking pluto screw the moon, guys you got it, you got ta, we got, we know the guerrilla gang here. We know the traders gang. We want this thing to rock it and we're going to pluto all right.

My average price of amc is 13 will rise above that i think it will with time evan so the way that i'm looking at amc right now, and i want to really really double down on this. We all know the risk involved with investing in amc right. Uh amc, the reason it is called wall street bets right, the forum wall street bets. It would be called wall street guaranteed if we knew that uh.

This is 100 going to happen. So if we look at wall street bets, it's called wall street bets. For a reason, because we are betting against the hedge funds right, so i do think it is very likely that you'll see amc go over 13. I think it's very likely that you see the squeeze happen, but what it's going to depend on is people continue to buy and hold this stock that is 100 what it is and i'm not going to force anybody.

I'm not a financial advisor. That's not financial advice. I'm not gon na force anybody to buy, sell or hold. It is 100 up to you guys, but personally, i'm holding my position in amc.

I'm not selling anything well! For those new to the channel to the traders gang to the gorilla gang, i had a position in amc, infidelity and fidelity robin hood. Ameritrade 212. A bunch of different brokerage accounts had some collateral issues and they ended up selling people's positions in amc because they did not think they would be able to cover the cost on the stock. So i lost 30 000 worth of amc, bb and noke, and immediately after that happened, i purchased right back into the stock and weeble as well as fidelity, and i am going to be transferring my account from fidelity over here to weeble and i am extremely happy With the situation here, i don't think we're sitting too bad.

We did see a nice bounce right here. This is a nice wide range candle bar bounce. I do think eight dollars and six cents, as of now is a good low. Looking good, the 15 ma is trading underneath the 200 ema, as it sits right now, so we are still in bears territory, but this is the beginning of what looks to be a reversal on the stock currently trading at 45 on the rsi decent amount of volume.

We opened today with about seven million shares in a one minute window right now we're seeing about a million shares. That is a good amount of volume. That is not bad at all. I'm very happy seeing those kind of numbers, but of course, typically at the beginning of the day, you do see the most volume and the most volatility so keep that in the back of your mind, all righty all righty ghosts.

Thank you for the for the super chat. What robin had loosened up their limits on amc to 5500 shares and gme to 500 shares. They did this quietly spread the word throughout the day amc hold. I did also see that my friend, so i will show that to everybody for anybody who was using robinhood, they did recently uh loosen their limits on amc to 5500 shares and gamestop as well to 500 shares.

So that is the new limit that you are allowed to have on amc and gamestop. Keep that in the back of your mind, if you are interested in increasing your position and you are a robin hood user, this was posted by reuters about five hours ago. We'll read this really quick online broker job robin hood, which is at the center of a reddit fueled rally and a handful of stocks heavily sorted by hedge funds set on wednesday. It would allow investors to buy fractional shares in gamestop, corp and amc entertainment.

The move allows buying parts of shares, often to encourage participation from small investors by reducing the size of the amount they have to bet. Trade limit on gamestop shares was increased to 500 from 100, for amc limit was set at 5500 shares, so that is the new cap that you are allowed to hold on amc and gamestop, as it sits right now. Thank you very much. My friends for letting me know i i did forget to share that somehow, and i appreciate you all very much matthias.

I see your comment here founding from brian's live stream. Got me interested in day trading. Do you have a better beginner's tutorial on your channel? My recommendation to you, my friend, would be to check out rainer tail rain or tail on youtube is going to have the best information that you could possibly find regarding uh regarding technical analysis, and he is honestly where i learned everything the way that i learned technical Analysis, my friends is, i spent about uh a month studying for one or two hours a day watching his videos, i'd watch him through two or three times and uh at the end of it all. I just got into the market i took some.

I took some trades made some losses and learned learn some lessons from the ls and now we're doing pretty solid. So that'd be my starting point. If i was you, what is the software you're using? Thank you for the super chat. By the way, i'm not going to say your name.

I am using weeble version 4 for the desktop i'm going to scroll down here, so i can keep up with everybody as best as i can. Thank you to everybody that is here, israel. I appreciate you very much matthew any thoughts i want to buy in on amc today. This would have been a great opportunity down here at eight dollars, but it does look like we're seeing a little more sailing pressure.

So wait to see another bounce. This may be the beginning of a double bottom. We are seeing quite a few shares trying to get filled at 8 20. So it does look like.

We may see a wall right here. There are 24 000 shares waiting to get filled at 820, a lot of buyers, not a lot of sellers. The sellers are spread out pretty evenly a lot of buyers hoping to get at 8 20 right now. So it should be a pretty long, a pretty strong level of support, we'll wait to see what ends up happening check out.

Amc's latest tweet - oh this just in if you guys have any breaking news you want to share with me. I will 100 check it out. We're gon na. Do this right now coming over to amc on twitter amc theaters this one, the croods host a screening for your pack of 1 in 20, friends or family members in an amc, safe and clean auditorium for to see crude's new age.

That might be it! I suppose revenge has never been so sweet for 99 dollars. You serve a private screening of the dark comedy. No, that's probably not it either. Honestly, what is amc doing? Do they not realize what's going on with their stock right now? This blows my mind: if that was a tweet.

If the crudes was the tweet uh. Let me know that's uh, that's that's the most recent tweet that i'm seeing all right. Thank you josh. I appreciate you brian miller, lloyd and operation, so we're gon na check out josh, amc and gmail are both on the ssr today awesome.

Thank you for sharing that news. I did see some mixed opinions.