What is up, what is up, what is up guys gorilla king traders, crew, welcome back to another amc at the bell: trainers, podcast, episode: 15.. You guys are gon na have to excuse my voice. It is absolutely trash right now it is so trash, but hey. I got a lot of people say: trey, you didn't drink more water check.

This out guys check this out. Mizu mizu is japanese for water. I've got three cups, locked and loaded we're gon na stay hydrated. Here today i did drink some tea with a little bit of honey in it.

This morning, uh voices in rough shape, not gon na lie, but hey we got ta, do what we got ta. Do we got ta give uh, we got, ta, give the gorilla gang and the traders crew what they what they need to see, and that is some live price action and updates regarding the stock. So welcome back to another episode of the traders podcast. We are going to be watching here for a while.

How are you all doing today, good to see everybody? What's up traeger to see you average joe hydrate bro, i'm doing my best for sure man for sure for sure so, to give you guys a quick update on what we saw so far this morning we did see quite a bit of a sell-off here at the Belt low of the day bottom out at 6, 57 or so, and i was watching the the time and sales and what the time and sales were showing me guys is um. There wasn't huge orders coming in it was. It was orders of about 100 to 200 to 300 uh sales at a time, and that is your your picture. Perfect, shorting right.

So, even though we have the ssr in place today and if you're not familiar with what the ssr is the short sale rule, i will pull this up for you and show you what it is. A short sale rule is triggered when a stock goes down more than 10 from its prior close ssr remains out of stock for the rest of the trading day when it's triggered and remains on for the following trading day as well. The sec made this rule to prevent short sellers causing a stock to tank, even though we have the ssr in place. That does not mean that we cannot short a stock.

It simply means that we need to short it on the uptick. Not us right we're not doing that, but uh people who do decide to short the stock, the hedge funds, the institutions uh they will. They will definitely do it if they can, and i have some more information to show you guys we're gon na we're gon na wait for a couple more people to roll in. I know this was very last minute.

I was not gon na stream today, because my voice is pretty rough, but uh we we're gon na. Do it anyways, so we're gon na let some people roll in look at some some numbers and uh get to the video xenix. Thank you so much for the donation, my friend the super chat. Now you see why i was saying to hydrate bro you got me, you got me man.

It caught up way quicker than i than i thought it would uh. This is new to me. This is new to me. I uh, i haven't been a huge streamer youtuber before you know this.

I got kind of lucky. The youtube algorithm really helped me out and uh here we are but live and learn, live and learn. That's what it is. Look at! Last week's chart do i see a massive george w.

You probably do see a massive george w. My man, oh baby, you already know you already know. Oh look at this drop, it drop it in the comment section guerrilla gang. You know what this is.

You know what it is. You know what it is. I don't have to say it. I don't know how to say it, but i'm going to say it anyway.

This could be the beginning of a george w big fat, george w. I love it beautiful. Thank you for pointing that out my friend. That does in fact look like a george w to me uh.

We did break out of that ascending level of support that upward moving channel, but we did see a nice bounce off of a previous low here. In fact, it was actually a little bit higher. I think we dropped all the way down closed here this candle at about 868 and we closed or opened this candle. I should say at 7, 17.

so still stair, stepping higher highs and higher lows. Slowly as the day progresses and the weeks move on gon na read some more comments here, gme got suspended sand dollar. Thank you as well, terry. I appreciate you casey as well.

Uh man, it does look like it. Gme went absolutely insane for a little bit there. They were up, i think, like 30 and some change they're rocking they're, going straight to freaking space on a space x, going absolutely insane looks beautiful, they're going to break a hundo they're going to break a hundo and amc is on its way. Amc does mirror very closely gme stock, which does show you one of two things.

It does say either a people that buy amc are likely buying gamestop, as well or b, that both prices are being worked and manipulated. At the exact same time, we had a nice upward moving channel as it sits right now. I will update you guys when gamestop is not being suspended any longer. I have said this before as well, but this live stream is uh, prioritized around focusing on amc and gamestop.

Answering any questions giving you guys technical analysis, so i prefer, if we uh, if we focus on amc and gamestop today, i will take time occasionally to look at a couple different tickers but, like i said, the primary focus for these streams is amc and gamestop gorilla Gang welcome. It is so good to be back. I love doing these streams. I love chat with everybody.

We're gon na keep watching the live price action here. As i see right now, we have a huge buy order. Oh it already got filled at 7.75. You can see right now that we're moving pretty well level twos, which are these little books right here.

Right, it tells you. The orders that are waiting to be filled are a great way that you can predict future price action on the stock right. The level one which is the current price action uh, does not quite compare level. Two is a great tool which does help you get some ideas of what is coming further in the stock's price action, and we do see that there are currently more sellers than buyers.

But that was not the case this morning. Uh - and i have some interesting numbers to show you guys when some more people roll into the live stream here today. Thank you, casey again stand on. I appreciate you native uh native smoke, signals trey, i'm here a lot and i would like to take you to dinner bro.

Let me know if you have time. I would definitely take you up on that man. Uh shoot me. Uh shoot me a message over twitter.

If you do not follow me on twitter, i will pull that up for you right now. My twitter uh is trades tray, trades tray. You can definitely send me a message here. I will get you back i'll, get back to you and we can chat about something in the future.

I would definitely like that. I like mexican food. I like burritos, i like uh, i like uh, japanese food. I do speak a little bit of japanese nihonjin or hanashimas just a little bit uh, but it's a good time.

Man i'll. Take you up on that binder. Thank you. So much trey gang make some merch i'm getting on it.

I promise you i'm getting on it. We are going to be making some merch. I've got some stuff in the works right now talking to a guy over the discord. Who does does work with that kind of stuff, and once it is ready? My friends, i tell you what we we're gon na be eating some filthy, green we're gon na.

Have the gorilla gang smacked up right on a shirt, i'm so happy to have everybody here today that will be on its way. Let's go gorilla, says brian. Thank you. Everybody for the super chat, gamestop short interest.

Currently, let us look at the numbers. So if we pull up the gme short interest on fintel, they actually did recently update the numbers, which is what i wanted to talk to you about. Uh today, guys is fintel, did update their numbers and they're different than they were the previous week very excited to see how this works out. But let's check this out short volume on gamestop.

As of february 4th, it saw 28.5 million shares shorted compared to the overall market volume of 62.2, which is 46 very high, and look at this. They updated the numbers and every single passing day. Essentially, we are seeing an increase in overall short volume ratio compared to the total volume coming into the stock. Now that is nothing compared to amc.

This is going to make you guys go absolutely ape crazy, ape crazy guys. It made me, go insane i'll. Tell you that right now, absolutely insane look at this look at this. They updated the numbers as of february 4th, it was 89.7 million shares shorted, which is 55 of the total short volume ratio, 55 of the total market volume.

Absolutely insane numbers guys. We are still in this battle, the more that you see the shorts continue to double down the last three days over half the volume has been shorted volume. Look at this 240 million on the second compared to 455 million. These numbers are different than they were previously.

They were updated right. We do see that now we do see that the short interest was actually higher than we thought it was, which shows you exactly what we have all been suspecting that this stock is still in the game that is being heavily short attacked. It is very unlikely that people are still selling the stock. Of course, this is not financial advice, i'm not a financial expert.

I really do want to double down on that right now, right there is uh, there's no pressure whatsoever. Coming from me, everybody's in different financial situations, i am simply presenting you, the charts and showing you my position, which i do still hold. I am still holding my amc. I am an amc with 389 shares current market value of just under 3 000 and in my fidelity account i also have 150 shares as well as it sits right now.

We did see a little bit of a sell-off, but that is not the problem here. We are doing just fine, i'm going to pull up the 200 ema, and this is going to give us an idea of how bullish this stock is and in fact we do have the 15 ma cross over the 200 ema right now. But now what are these indicators if you're not familiar with what these mean? The 15 ma is the moving average. Some brokerage accounts call this the sma, the simple moving average right and uh weeble does not call that it's the m8 and basically, i use the 15 ma, which is a 15 day moving period compared to the 200 ema, which is the exponential moving average.

To give us an indicator of previous and most recent price action compared to uh long term price action, and when you see the 15 ma crossover 200 ema, that is typically a sign of a bullish reversal, meaning that the recent price action outweighs the the past price Action, the long-term price action right, so this is a sign that we are back in bullish territory and we're looking pretty decent right now. Volume is also looking pretty good today compared to what we've seen in the past, we're seeing 9 million shares at the open uh. Getting filled and in a one-minute window we are seeing over 1 million shares. In fact, here we saw 4 million, and this is likely contributed to robin hood uh, not restricting their trading any longer.

Looking pretty good, it does look like gamestop is still suspended for any of those out. There wondering welcome to everybody who is checking in right now to the traders podcast it's great to have. Everybody here, welcome gorilla gang, absolutely love chat with everybody here. All right hope that answers your question: jeffrey doo, doo, daddy, i'm a fan of technical and learning.

So much from you. Thank you, my friend. I am grateful for you as well. Thank you, everybody that drops the super chat.

I promise you guys do not need to do that. It really does mean a lot to me. I just genuinely love doing these live streams with you connecting with the community and the gorilla gang, the traders out there in the in the world, wherever you're from welcome. We are glad to have you here as a part of the crew part of the crew part of the ship part of the crew, my friends all right, lyn, henry new jin, seen your last vid last night appreciate you dude stay up, i'm good, my friends.

I promise you that video i did get in my feelings a little bit. I'm not gon na lie, but i'll tell you what the the one percent bad negative comments are not outweighed by the 99 positive. I am immensely grateful for the opportunity for uh, for you guys to be here as a part of the team. I consider you guys a part of my team and we're going to continue to do what we're doing jake, howard and trey.

The gorilla is back was worried. You weren't, going to stream today, bro you're getting 10k a day, keep it going. My guy, i wasn't gon na i'm gon na, be honest, i'm gon na be honest. My voice is uh pretty trash.

I do have a lot of water here, trying to keep the gullet moist. I always see people say uh trey talk fast. I just get. I just get in the moment.

Man i get in the moment i get heated, i get fired up can't i can't help it gon na read off some more comments here, as it sits right now. Uh amc is trading at 762. still in bullish territory. We do have a crossover, the 15 ma over the 200 ema rsi trading neutral, so we did see a little bit of a pullback pullback on the rsi was from 76 down to 47, which is a change in points of about 30, not a very harsh correction.

In terms of retracements, we are doing pretty good right now. If you want to retrace this yourself, it is very easy. My friends, you trick you click on the fibonacci retracement draw it up to the peak of the run up right here right and you can see that we only gave back 50, which is a picture perfect retracement. That does indicate a lot of buying strength and with the ssr in place today, i do anticipate that uh.

We should see quite a bit of buying pressure, especially with robin hood lifting restrictions on trading. Absolutely beautiful guys welcome to everybody that is watching the uh, the podcast today, all right. It's all right, all right trade, the gorilla! Thank you, bk stg media. Thanks for not giving up, i've learned so much, i'm not giving up.

My friend i am going to hold my position whether or not i'm holding a podcast. I will promise you that right now, there's no person on the planet. That's going to make me sell, there's no amount of negativity that is going to change my convictions on the stock. To me, the price is psychological.

My friends and i had a couple people ask me they said trey what if the squeeze already happened right and and what, if this is over, i don't think it is, and i'll tell you that right now we could have seen a squeeze. This could be a mini squeeze right and mini squeeze right taken into consideration. You know, maybe it wasn't. Maybe this is a pretty good squeeze right.

We saw three dollars up to 25. That's a 10x. We saw almost. I shouldn't say that an 8x 800 in increase right, but the thing is, the volume is still there we're still seeing an insane amount of volume, we're still seeing that the shorts are doubling down on their convictions right.

We can come here and see that over the last three days, over half of the total volume being traded on the stock has been short volume according to fintel right. If we come over here to ortex, i want to check out what uh what ortex has to say about the current uh current short interest on amc, and we can check this out for gamestop later as well. But i think we're gon na be looking at some. Pretty interesting numbers here so we're gon na check this out on ortex and look at the amc short interest, so we're gon na click on amc right here come down here.

It's on the bottom right to short interest for amc according to the new york stock exchange, and we do see the utilization is extremely high. We have 88.29 percent, meaning that 12 of the total lendable shares are only available right now, if you're not familiar with what utilization is i'll. Explain this to you, the ratio between the number of shares on loan across all outstanding loans in the wholesale market and the number of shares available for lending and lending programs. Zero percent means that no shares have been borrowed or lent at these lending.

Programs. 100 means that all shares available to borrow or lend at a lending program have in fact been lent, which means 88 of total endable shares are out only only a little less than 12 remain right, meaning that this is heavily shorted stock. Guys is heavily shorted stock. 5.12 percent total uh annual cost to borrow that is the interest rate that they are accruing right now on amc days to cover 0.66.

This is referring to the amount of time that it would take shorts to cover on their position. So there's no deadline. Options. Expiring is different than shorts, covering their positions, so what this means the total short interest divided by the three month average volume gives us 0.6 to actually 0.69.

It's not updated up here. Yet, according to february, 4th 0.69 is the current days to cover. We are seeing a bounce, meaning that bulls are starting to actually slowly very, very slowly. Take this for a grain of salt slowly take back some control on the stock position.

Gon na read off some more comments here. I appreciate everybody tuning in right now, if you wouldn't mind dropping a like, because we like this stock. That is all that i can ask for my friends. Gorilla gang is strong in this m effort, thanks for not giving up no problem, my friend new and thank you.

So much. Can you explain by the dips using level two, i see. Selloffs xyz price, with 56k shares and a mass buy at xyz price for 68k shares. Yes, my friend so buy the dip buying the dip means when a stock is being either heavily sold or heavily shorted.

You wait to see a bounce right, and what do i mean by a bounce? This is a picture perfect example of a bounce, so this couple minute window right here. If we zoom in you can see that we tested a level of support at 6.57. You see three wicks that touch indicating that it is a validated level of support on the one minute chart and you see a hammer candle right here. So you look for as many uh confirmations as you can you try to stack beliefs right a hammer.

Candle is typically a bullish side reversal. This is actually called the shooting star. Typically, a sign of an upcoming bullish run and we just see that come to fruition. So if you see a wide range red candle bar, followed by a bounce off of a level right, a couple of wicks touching that indicates that sellers try to push the price back down buyers step back in.

And that is a good time. In order to buy the dip - and you can anticipate this by looking at the level twos so right now, if we look at the level twos in real time, we see that there are a lot of buys currently sitting at seven dollars and fifty cents. Now. What does this mean? This means that seven dollars and fifty cents is likely going to act as a good level of support, and it does because we see that there are four candles touching five candle wicks touching in the past.

There was a candlelight touching right, so we anticipate that once these orders get filled, that's an opportunity to buy this small micro, pullback dip right and uh. That is the case. Hope that answers your question. My friend lloyd, appreciate the the uh super chat.

My friend, you are awesome, take care of that voice. I'll need your analysis on monday, too also buy and hold amc. My people, you heard it from him uh. This is not financial advice.

I'm not an expert. Do your own due diligence, make sure you make your own risk mitigation and financial decisions, but i will continue to hold my position at amc. I am down at the moment about 571.16.37 and i am not planning on selling any time soon. G whiz.

I did check that out. I did check that out the overall short interest, it's insane man over 55 over 50 percent, and it's been growing basically day by day. We saw 89.7 million short shares yesterday, which is comparatively to the overall volume over half. That is insane.

My friends, that is a lot of short volume. So what are we seeing right now? We are seeing a little bit of a sell-off. 7 30 is the next level where we see a lot of orders waiting to get filled. There are 10 thousand total shares waiting to be filled at seven dollars and thirty cents, so i do anticipate that should act as a level of support, but we're gon na wait and see as it sits right now.

There are more buyers waiting to get orders filled than sellers. We can see that on the level twos by looking at the overall uh scape of of growth right here right, you can see that the overall orders is pushing over here - 90. 000 ish right 100. 000.

Compared to the cells not quite as high, so there are currently 31 000 shares waiting to get filled at 760. On the ask aj bass, almost 80k 86k strong dude, it's been an insane journey. It's been an insane journey. You guys will have to excuse my voice if you're just tuning in now to the traders podcast.

I was not planning on doing a live stream here today, but we have to carry on the show. We are going to chill and have fun watching. Amc live price action, jimmy back open it hit 95 man. How about that look at that it did.

It's still up really solid right now, gme is up about 39. So far on the day, it is in a clean upward. Moving channel gon na give you guys a quick rundown on how we're looking for gme as it sits. At this moment, we've got one two three four five different touch points here which confirms to me.

This is a respected level of ascending support. We are anticipating that this should continue, and if we do break below this ascending level of support, you should see probably pretty harsh sell-off right, but right now the momentum is in the favor of bullish territory. We do have the ssr in place today. The short sale rule because we did drop over 10 according to the short sale rule right.

If we pull this up, if you are new to the podcast right now, the ssr uh triggers when a stock goes down more than 10 from its prior close, which we did see happen. These are both on the ssr list. As of today, all right voltage blue speak more weeb to us. Trey senpai gorilla gang baby, more weeb.

I will always break things down as much as i can. You guys aren't weebs. You guys aren't weeds. We all start somewhere.

I promise you that uh it's this stuff is very learnable. I really do mean that, and i i promise you if you don't know it now, you will figure this out one day i'll continue to provide as much content as i possibly can. My friends no dice. What's the days to close on amc days to close good question, my friend, if you are new, i did go over this briefly before, but i will say it again in case you do not know.

I will read this off to you right now so days to cover how many days volume the current shares on loan equates to no average daily volume is based average, three month daily volume for the given security across exchanges, so you're taking the short interest and you're Dividing it by the three month, average volume on a stock and the days to cover right essentially means it would take that much time for a stock for a short to cover their position in the stock and either break even or make money. That is what the days to cover means. A lower number means that it is typically favoring uh, shorting territory, and a higher number indicates that you are typically favoring long territory. I had to clear my throat there guys i muted my mic.

I didn't want you to hear that that'd be some nasty stuff. Ah, life goes on. Life goes on all right. Gon na read off a couple more of these and then come back down to the bottom, so i can keep up with everybody.

I want to keep up with the most relevant information. I do appreciate everybody super chat. Welcome to the traders podcast good to have everybody here, gorilla gang, we are rocking, we are cooking with crisco. The show must go on uh no dice.

Thank you mark luna. Tony appreciate you, albert wong, i appreciate you as well. I will ignore the hate. I will continue to provide content and you guys make your own financial decisions at the end of the day.

That is how it is. I will always just provide you. My my opinion show you the numbers, as i see it, and give you the most recent up-to-date information that i can find alex. Thank you very much.

Hannah mark luna al man, game time. Thank you so much man, you don't have to do that. I really do appreciate it. G q d hunt sides - man, you guys, are all crazy.

You guys are all crazy. I appreciate everybody here. Thank you so much ruben nicholas, i don't know what that name is i'm assuming that is uh, chinese or korean. I i can read a little bit of japanese, but i don't recognize that kanji braxton rob appreciate you very much.

My friend trey, so glad you showed up. I was worried. I wasn't going to get my morning fix my man. I wasn't going to i'm going.

To be honest, i'm going to be honest, my throat is absolutely trash right now before you guys tell me to drink water before you guys tell me to drink water check this out check this out. I'm not even drinking. Do this morning just uh tea with honey and uh and some water, my friends got ta stay hydrated got ta stay hydrated drop, uh drop, a frickin. Tell me to stay hydrated.

Maybe i need to hear it i'll get there eventually matthew. My man lost 30k on fidelity bs. If i want to super chat, the homie, i will super chat at the home. You go home paper, hands matthew.

I appreciate you my friend. It is what it is: i'm not mad about the money, i'm not mad about the money. My friends, i will always make more money. I will make people more money right.

I know how to how to how to invest in the stock market. I am very confident in my charting abilities at the end of the day. What makes me mad is there people out there that got their accounts liquidated because of collateral issues right? Robin hood had a lot of issues with this as well and uh. I it makes me angry, because some people are not gon na be able to recover those losses right because no loss is actually uh realized until you sell.

So when your account, when your brokerage account sells you out of those losses before you can do anything about it at the end of the day, they just they just screwed you, it makes no sense. It makes no sense. My friends, hi tech. Thank you, my friend.

I appreciate you immensely uh right alexander. We need to tweet nyse to stop halting that is uh yeah i mean i don't want to leave a coup by any means, but i will do that and for sure you guys do as you please nyse stop halting the stock every time, stop halting uh amc! Gme every time she starts moving, we're gon na drop the uh, the old eyes emoji. Where are those at eyes there we go there, we go now we're cooking, dropping it dropping it all right, all right coming back here to give you guys an update on amc and gamestop, we'll start off here with amc currently setting up about three percent on the Day, gamestop is far outperforming games. Uh amc at this moment, which is very surprising because the past three or four days we have seen the opposite right.

We have seen that amc has been out performing game stop and we are still setting higher lows and higher highs. Updating the overall trend line here, we are still trending higher. We do still have the 15 ma over the 200 ema, but it is approaching the 200 ema right now. So if you see this blue trend line drop underneath the 200 ema, this purple trend line that will indicate that we have entered back into bearish territory.

So we are looking for a couple different things here: we're looking for a wide range green candle bar, because we are currently riding in a pretty pretty solid downward trend. Right now, right, you can see that we've got one two three, four five six different touch points. Seven different touch points, so we do not want to follow on this trend line any longer. We want to continue on this upward level of support instead of this descending level of support that we are seeing right now, so we need to break out of this downward channel.

We need to continue this upward momentum and we're looking for a wide range green candle bar. We do have quite a few, buy orders spread evenly across the level too, and pretty even buyers and sellers at the moment. If you are new to the podcast, you have not seen this yet. I will show you the overall short interest that we see on amc has been updated on fintel.

As of today, we saw completely different numbers uh on the i am drinking warm water. I'm glad you said that morgan, this is warm water, sync sync room temp, but the overall short interest actually did change. The short volume did change in the end overnight. They updated these numbers.

We are seeing over 50 percent of the short ratio - the short volume ratio, meaning that over half of the total volume coming into amc has been short volume, so that is extremely high. We do know that this is we're still in the battle guys. We know that uh, as it sits right now, shorts are still heavily attacking the stock. As long as the stock is being heavily shorted, it is going to continue to move, and that is my firm belief.

I do think that amc. This is not a dead cat, of course, i'm not a financial advisor, that's not financial advice, i'm not trying to pump this stock. My friends i have skin in the game, just as you guys do. If i, i genuinely believe that we can still make a profit from the stock, i i mean it.

The numbers are what the numbers are, my friends, that is how we are sitting right now. Currently, this is still really fighting if you stay in that bullish territory. This is a pivotal one minute that we're looking at right now. The 15 m8 did just touch the 200 ema right now, so we are looking for a wide range candle bar to get out of this downward pressure.

This selling pressure. We are riding a descending level of support. Right now we are on a descending and a selling channel, as it sits right now. We do want to break out of this descending channel, looking to break that top trend line and if we do break it in how i'm coming up with this guys.

In case you want to do this on your own charting system you're, connecting as many touch points on candle wicks as you can now. What is a candle wick, a candle wick. Is this right here? It's the long skinny part of the candle, and you want to connect as many points as you can. So we got one two three.

I always look for at least three touch points to validate a level of support or resistance on a trend line. So we've got one two, three, four, five, six, seven, eight nine different touch points 10 and we did break that descending level of resistance. So that does confirm to me that we may remain in bullish territory. We are waiting to see some wide range candle bars to continue on this upward ascending level of support.

If we do see that come to fruition, i feel very good that this should continue to see some higher highs and higher lows for the day. We will keep you guys updated as it sits right now. This is still in bullish territory. Gon na read off some more of these super chats welcome to everybody who is just tuning in welcome to the traders, podcast welcome to the traders community and the gorilla gang.

I want to see some freaking gorillas, some mfn gorillas down in the in the comments section. The chat bar my friends, i always see people say trey - is coked out i'll. Tell you what right now i am actually in the military. So i am not cooked out.

I don't. I don't think they'd like that um, but i do just have a lot of energy. I do drink quite a bit of coffee uh, quite a bit of uh diet, dew, which is uh, not a good thing. Gon na get back on that water game.

My girlfriend always hates that she gets pissed, she says trey, you need to drink some more water, i'm gon na beat your beat your uh. You know what i'm about to say, but i can't say it cause it's youtube. I am not gon na be selling this stock. I've had quite a few few people ask trey.

When am i gon na sell this stock? I will keep you guys updated when i decide to sell my position in this stock. I do appreciate everybody's concerns, but i will continue to hold in my opinion, is you're going to know to sell this when the media stops covering it and when the short volume is dead, when the short volume is dead? That means the squeeze potential is gone right. That is what that means in my eyes appreciate that very much. My friends, we're gon na read off some more comments here, alexander.

Thank you very much stormy, the storm stormrific. Thank you. Abe tech, actualized trader gon na read off some more of these uh. These comments.

Thank you, everybody tuning in right now, uh morgan, appreciate you dave the stream straight jsyk. I filed a complaint uh just so you know, with with a contact in nys ag's tish james office over gme manipulation. This morning, oh good stuff, my friend, i'm glad to see that uh, i'm not going to tell anybody what to do. You guys have to make your own financial decisions, but if you do decide to do that, it is a tool and a resource that is available to you.

If you would like to see some change come out of the current situation. Now we do have the 15 ma that did cross underneath the 200 ema as of right now so, typically and and uh. Technically. This is bearish territory very microscopically and, barely speaking, so we are looking at continuing on this upward trend line as it sits right now.

I consider this a consolidation period. We are consolidating pretty harshly right now, uh, nothing. That is a bad thing. Consolidation is not bad consolidation, in my eyes, typically slightly favors um buyers, because, as the stock consolidates longer and longer, that typically gives buyers confirmation that a stock is going to continue to to uh it's not going to dip it's going to continue on its upper momentum, Because think about this, logically speaking, right uh, let's pull up, for instance, i think aacg went absolutely insane right.

Aacg is a good example. I do have this pulled up right here. Aacg. If you look at this macroscopically speaking, it has seen a lot of highs and lows: it's very volatile right and when the stock is volatile, it doesn't give people a lot of confirmation uh that they can get into the stock without risk.

So people want to get into a stock when it's not moving a lot, because that tells them there's not a lot of risk for it to drop lower so as the stock continues to consolidate right. I do believe this. This typically slightly favors buyers bullish territory because you are less likely to see the stock just rip and dip and more people are willing to step in because that does fall into their overall risk mitigation guidelines. Thank you, dave handy appreciate you decarb.

I appreciate that uh, you i'm not probably gon na, say your name wrong. I'll just say: floris appreciate that very much you're, the best graph commentator in my listening background uh, and i appreciate that my friend, it's uh, it's a blast. It's a blast. I feel like uh, that's funny.

You mentioned joe rogan. I tried to uh man. This is a super bowl to me. This is a super bowl to me.

I just enjoy it exponentially. My friends boy. I appreciate you as well. Everyone needs to email, amc, gamestop, investors, departments and ask for an emergency shareholder vote and a reverse stock.

Oh, could you imagine if there was a reverse stock split? That would be insane. I'm not going to tell anybody what to do. I'm not a financial advisor, but that is coming from uh hui. If you want to fall into that and feel free to do so, i'm gon na take a quick look here at gamestop.

These charts do act very. Similarly, if we do check out gamestop in comparison to amc, we will show you this right now right check this out. We're gon na look at these on the one minute chart and give you an idea of what these are both looking like and on the one minute chart. If we zoom out take a quick, peek zoom out here, look at the overall price action.

They are mirroring each other very closely. We have what appears to be. I call a bullish flag now. What is a bullish flag? You see a lot of huge green candles right, typically, an indication of strong buying pressure, followed by a squeeze down a consolidation.

Basically, a price action you're seeing it start to ripple and essentially what you do is you connect as many possible trend lines as you can so we can see here if we connect here there is an ascending level of support and if you connect here, we have The beginning of what could be a descending level of resistance, typically, the indicator of a bullish flag formation. We are actually forming a nice cup right here on gamestop, as it sits right now uh. This is typically a nice bullish reversal indicator uh. If i pull up the the 200 ema uh, it doesn't look like it's available here, we'll just come back to to the market and take a look at uh my stocks here, as it sits right now.

If we do look at this, this is still macroscopically very bullish. Territory. Gamestop is more bullish than amc right now, but we are seeing the same amount of buying pressure coming from both amc is just not performing quite as well as as uh gamestop. At the moment, i just full mob jme.

Give me good news. Good news cameron, good news, gamestop, is doing pretty good. I don't know why that always happens game, stop sitting pretty good. I don't know what you bought in that my friend, but we do have a daily high of 95 dollars uh and as far as risk goes, i find it very unlikely.

You're gon na see this drop much lower than we've seen so far right. So if you look at this macroscopically speaking, this just dropped all the way back down to 47. I find it very very unrealistic to think that you're going to see a dip much lower than that. I think 47 is pretty likely the floor right because that's almost previous lows, that's almost previous lows, and i want to show you something that i find very interesting.

I've showed this before, but in case you were not here for the previous live stream. Welcome if you are new to the community, i do appreciate you being here. Please drop a like because we like this mf in stock, and this is the gang we have to. We us us gorillas, have to stay together, ape together, strong, my friends and once this does load, i'm going to show you comparison between volkswagen, gamestop and amc.

Now this is taking some time to load. This lag in here a little bit. Oh man, oh man, all right, so we do have this loaded up right now, so volkswagen right before it had the huge run-up dipped all the way back down to previous lows. Gamestop just did that now amc they are they're showing very similar situations now uh.

Of course, we don't need a vacuum right. The gamestop, amc and uh volkswagen squeeze are immensely different. Now, if you're not familiar with the volkswagen squeeze, this happened back in 2008 and essentially what happened is uh porsche took a very hefty stake in in uh in in volkswagen and essentially, what they were doing is they wanted to have increased, uh, increased voting power and Power in the company, so they were trying to establish a very large position. I think, if i remember correctly, they had about 40 percent stake in the company and a pretty hefty amount of options, and essentially it made the stock price.

Look like it went up for absolutely no reason, and because of this, what happened? Well, there were hedge funds out there that decided to short the stock because they said hey, you know what uh it looks like. Volkswagen is going up for absolutely no reason. This company looks like they're about to go bankrupt, uh, let's, let's crush them, let's absolutely crush them right now and uh they got. They got burned bad and right before that huge squeeze happened where you saw it go up to 950 euros.

I think i was corrected. Last time somebody said drink some water drink some water. Thank you. Thank you.

You guys keep reminding me. I get on these rants anyways. Essentially, what happened before they saw that huge squeeze up to 950 euros. Is the stock dropped almost all the way back down to previous levels, which was 100 absolutely insane crazy stuff and, as it sits right now, gamestop is looking pretty freaking good does not look bad whatsoever amc as it sits right now, uh still moving in an upward Trajectory not bad at all.

We do have quite a few touch points here. We've got one two, three four. I always look for three confirmations. Three candle wick touch points in order to signify that we do have a solid level of ascending support.

Doesn't look like we're testing it right now, so we're looking for a candle wick to close above this stock. We this uh as i was as i was it's the sending level of support. We want to continue to ride this trend line that is going to signify that we are still moving in a good direction. We have still been setting higher lows and higher highs.

Does not look bad whatsoever? Can read off some more super chats here. Thank you to everybody that is dropping. I do appreciate you guys very much jv man. I appreciate that immensely you absolutely rock i'm going to scroll back up here.

It did scroll me to the bottom jv man vic d23, joe dawson, robert sport dave. Thank you. So much john for the super chats you guys, all rock you really don't have to do that. It does immensely appreciate it.

Actualized trader, boomhawk user, haters, elevators, hey, amen. My friend amen. I i'll keep doing what i'm doing. I promise you, sir, speaks a lot.

Thank you theo. When will you ever make a bad call sen's had an amazing run-up made me 20k. Ever since i found your channel santa's a good stock man, i'm telling you what i'm telling you what i'm so glad you got able to hop on that. I will continue to put out videos.

I know i did not put any videos this morning, my friends, but i honestly was not planning to produce any content today, because my throat is absolutely annihilated, as it sits right now, but the people need what the people need. We are a gorilla game. We got to stick together because ape together, strong sense is a good company. My friend, let's just take a quick peek at sends.

I want to see how i just ended up doing so far today, but i anticipated they would see a nice run up and sure as southern loving mamas love cooking their chicken with crisco baby, we are seeing it happen. Sense looks sexy absolutely beautiful, i'm so happy for you, man, that is good stuff, i'm glad you're, making some cash alex. Thank you so much! Oh, my gosh. I appreciate you that's insane.

That is absolutely insane you guys. Rock navy vet never gives up always on the fight. Have you seen s-i-r-c? What do you think? Thank you, man. I appreciate you an immense amount, i'll check this out right now.

We're gon na look at this on the one-month chart. Really quick. The price action is a little bit choppy on the one day, one minute, but it is hammering down pretty hard right now. I would wait for a pullback.

Typically, a strong pullback is anywhere between 50 to 38 or so. And if we look at this uh in past trends, you can see that we have pulled back to 61. I think that's 70 percent, but we're gon na we're gon na wait and see. If you see a pullback i wouldn't buy in yet, but it looks great, it looks extremely bullish.

The volume is high, it's overbought extremely, so i would not take a position right now. Unless you're gon na have a training stop-loss get in and out very quickly. That is my two cents, just be very careful. If you decide to buy it now, i would wait for a pullback to about a dollar fifty six izark.

Thank you so much since you believe in microvision i will too man. Nbis is always gon na treat you well nbis, my girl mavis. She is an absolute powerhouse and she has been crushing lately. It makes me so dang happy to see it finally do what i knew it would always be able to do.

Uh microvision is a powerhouse of a stock. They are basically a lidar company and what they, oh, the george, w the george stephania look at that look at that. Look at that george w. Look at that george w beautiful - that is a nice george, w double bottom for those who are new to the channel.

A george w has a double bottom typically means there is a bullish reversal. I like seeing that, because that typically means - and it did play out this time - that you're looking at an upcoming bullish run, looks absolutely beautiful. I've seen people people say i need to drink water. So i'm going to keep drinking this.

This nice h2o going back here to amc. We are approaching the 15 ma it's starting to move upwards again. We are approaching the 200 ema, so we are looking for that crossover here in the next couple of minutes. If we do get that crossover, that will signify to me that this is continuing, that upward pressure, that buying pressure and once we have that crossover that could act as a catalyst to help push the stock to some new highs on the day.

Still riding this nice upward ascending level of support, we are still setting higher lows and higher highs. I am loving the price action right now guys. We are positive on amc about five percent on the day game. Stop currently sitting pretty nicely.

It might have had a false break right. We might have seen a false break above this descending level of support, but what we are going to do is connect some candle wicks here right. So we've got two candles touching up here and we're gon na kind of connect these as well. So within the next couple of minutes, i expect gamestop to have a pretty violent move.

That is my two cents. My friends gon na read off some more comments here. Thank you again alex. I appreciate you zark uh static dean, expr, please! I can take it or not and hold that stock.

I will take a quick peek at exp uh expr. This is another one of those uh wsb stocks that got kind of thrown into the situation right, uh and, as it sits right now, the volume is pretty low. It did see a pretty hard push. I don't know how many people are currently talking about expr as it sits what i'm going to do for you guys is i'm going to come over here to my discord and i'm going to search up the most talked about stocks as it sits right now.

So what i can do is i have. I have stockbot installed in my discord and it tells me the 10 most talked about stocks are in the last hour across all discords and expr is not currently on that list. What we have is number one gme number two is zm number 3 amc. That is what we are looking at right now across the board, with all stocks being talked about and uh expr, i i hate to say it, but this might be one of those stocks that end up just being a quick in and out kind of play, uh, But don't fear um you, you can dollar cost average down if you do believe in the company long term, if you think they will have a nice reversal in the future, but uh take take that for what it is.

That's my opinion. My friend can read off some more super chats here. Thank you to everybody. That's tuning in to the traders podcast.

It is great to have everybody. Welcome guerrilla gang welcome to the crew we're great to have you here. I love one piece in anime. If you can't tell i'm wearing a vegeta shirt right now, uh, i absolutely love uh, love, anime and welcome to the crew you're part of my part of my crew, my friends all right! Thank you yoshikun.

I appreciate that yoshikun. You must know a little japanese you're that or you're a fan of anime i've learned so much from you explaining charleston. I really appreciate it brother thanks a lot keep doing you. I appreciate that my friend we will keep doing these uh.

These store live streams. Whenever i have the ability to do so, gargle warm salt water for your throat every 20 minutes before you lose your voice and hold apes together, strong man. I love that that planet of the apes trilogy. I think that is honest to god.

My favorite movie, trilogy across all movies, i've ever seen, can read off some more names here. Thank you to everybody that has dropped the super chat kyle. I appreciate you, ali uh, shaboom eric kyle patty. I know you're over the discord.

We are one big ape tribe. Keep it going mark, you were insane. I do appreciate that so much, absolutely filthy, filthy, filthy, filthy, you guys rock matthew. Thank you again.

My friend gon na read off some more names here, man, i got ta scroll back up and refresh my page matthew mbis on the george w george w hi. My name is george debbie federico boy. Oh boy, uh jimmy student student, talk podcast, appreciate you very much. Eric nicky steven j, appleseed jm blake whis actualized trader uh morning tray should we expect less content and discord calls when your quarantine is over.

Unfortunately, i will not be able to live stream as much when my quarantine is over. I will have availability to do some live streams before i get to work, but i do have pt from 6 30 to 7 30 every day and then i start working about 9 30. So i can probably stream for about an hour. I will figure out my schedule more as i do get closer to.

You know the dates, but i will keep you guys up to date as much as i can and the videos will come out regardless. I will continue to provide as many videos as i possibly can. All right, since it's being squeezed sends, is going filthy, she's going stupid, crazy right now, oh man, up 19. On the day, absolutely filthy, my friends looks beautiful.

I'm gon na come back here to amc. Give you guys a quick update on the price action. We have a large buy order, waiting to be filled at seven dollars and 25 cents. It does look like we broke beneath this descending level of support.

Gamestop, as it sits right now, is seeing a very similar sell-off. You guys already know. We do see very similar price action between these two stocks on a day-to-day basis. Look at this! Ah, absolutely insane! This tells you the whole story, my friends.

This tells you everything you need to know better drink some more water here the voice is getting uh squeezed she's, getting close real hard. I feel, like i sound like um one of those one of those 70 year long smokers. My name is zebra. Oh man, that's bad! That's bad bad joke bad taste, but as it sits right now, we are seeing a little bit of a bounce, as i did mention.

We do have a nice bywall currently sitting on amc right. Around 725 gamestop did see a nice bounce. Typically, amc and gamestop mirror each other pretty closely. I do anticipate that you're likely to see a similar situation with uh both of these stocks within the next couple of minutes.

Gon na read off a couple more comments here make. Thank you very much bye all right. It met compliance and cancelled reverse split meeting news came out yesterday. Bile is a good stock.

All right as it sits right now. Bio is not doing bad. It's not doing bad, it's up. 10.

On the day i, like it, it's a good company and we do have the george w foreman right now, big fat, george debia. I love it absolutely beautiful guys. It's not bad whatsoever for sure for sure. Trey man you're, like the weatherman of stock, charts.

Great information, honest and entertaining you're a bros bro stay blessed. My friend, i appreciate that immensely. Thank you guys. Thank you guys.

Thank you, everybody tuning in right now it does mean a lot to me. Uh excuse my voice. If you are just checking in right now, i have had quite a few streams and the voice is doing a little rough as you can tell, but we are going to continue to provide content. Welcome to the gorilla game, giving a quick update on amc as it sits right now.

If you are new to the stream - and you do not know the current short interest on amc, this was updated on fintel. Today we have brand new numbers, i'm assuming that they they calculated out short volume. That was not previously being taken into consideration, and we can see that over the last three days we actually have more overall short volume than we thought we have over. 50 percent of the total short volume uh being taken into the total volume for the day, meaning that yesterday 55 of the total volume that we saw was shorted volume.

That is an absolutely insane number. That is a lot of short volume that that's that's! That's crazy!.