What's up youtube? Welcome back to freaking, trace trades baby? How we doing is your boy trey, freaking, trades, coming back again for another freaking amc live stream here. This is episode. Number 81 of covering amc live price action, and today we are net even on the day. The rare gray price action that you've got rocking right now.

Obviously, we had a nice push during the regular market hours up to about 60 dollars and 62 cents, and you saw a little bit of a rejection and since then it's been in a slight downtrend and we're waiting to see if it's going to get this break Over this descending level of resistance to find any signified level of resistance or support, you just look for these three touch points and you get them on these one minute. Candles you've got one two three four five, six uh different touch points right here and you've got a setting level of support with at least three touch points as well. So this forms up a little bit of a pendant formation and we're just waiting to see if it's gon na get that break over the descending level of resistance. The overall volume on the day we're looking at about 146 million in total volume.

Let's look at the order flow really quick. You've got about 1.7, i'm just gon na refresh this just to make sure 1.7 billion dollars of inflow 1.6 billion dollars of outflow, so the inflow is actually higher on the day than the outflow, we're just a hair red which is atypical. You don't usually see that happen on any given day, but uh too big yeah. Let me zoom it out hold on a sec come over here to hortex.

I appreciate that one. Oh, i see what you're saying yep derp derp! My apologies, my apologies. I've done this before i did it again. Did it again change that just a hair move that over one tarnation all right here we go, that's better cowabunga! I appreciate you guys thanks for letting me know, i didn't even realize that i did that.

But here we are, i got it fixed thanks guys for being patient, but nonetheless that's what you got rocking on the day here so far, so more info than outflow and overall us dollars 1.7 billion dollars of inflow, which is you know, a pretty drastic amount higher Than the outflow is, but nonetheless we're just a hair red on the day looks like we did get a small break over this ascending level of support, but look at me right now. I'm telling you straight to your face, i'm not even nervous because when in doubt, zoom out simple as it gets right, let's look at this on the one hour candles you get an entirely different picture that you do on this intraday basis. Right now, the volume is lower on the day. True, we can't argue that in the least bit, but are we still riding in the sunny level of support? Are we still stare stepping higher lows and higher highs? The answer is simple.

It is a yes right, so you can see here that you've got a pretty significant level of resistance where it's rejected a handful of times here at about 60 bucks, so a heartbreak over 60 dollars in my personal opinion, is going to bring you a pretty tasty Move we're just waiting to get that clean move over that 60-ish dollar line 59-60 bucks. A wide range candle that opens and closes above that followed by another hourly candle that continues trend should bring you to some pretty decent territory. So this is what we're waiting to see right here. Otherwise, it's a pretty flat day, there's not much happening.

I would consider this consolidation more than anything, and i know it doesn't feel like consolidation when you're watching these pullbacks, but in the grand scheme of thing this is absolutely okay rob i am feeling okay. I appreciate you asking. I promise you everything's chill. I uh i've got my whole heart situation.

Figured out. I've been talking with my doctors, you know pretty regularly for the last 48 hours, uh we're just figuring out the game plan, so they're actually writing up a note right now kind of with the course of action and what they're planning on doing essentially to get me To where i got to go to get healthy, but i think this first step is gon na. You know crack my chest open and put one of those heart rate monitors in it's essentially just gon na track, the rhythm of my heart and tell me you know when there's a regular spike, so they can track that and try and figure out what the arrhythmia Is in these electronic neuron misfirings or whatever the hell it is, but i'm doing fine. I promise you just got to stay focused.

You know there's other things going on in the world and i'm just taking care of myself and doing what i can do cutting back on caffeine, i'm not going to have any more drinks until at least i get surgery and i can fix it. So, that's not something you guys have to you know bring to my attention. I'm already aware. I promise you i'm gon na take care of myself, so you guys don't have to worry too much.

Dang wes christensen's on matt's live right. Now, that's freaking, sick good! For him, can you draw an arrow? Oh, what am i doing? What am i doing? I didn't even think about it all right, so, if you're tuning in for the first time, this stuff is simple right, you draw an arrow on the chart. This is something that lamp taught me by the way hold on a sec. I got to do something really quick.

This is this is messed up. Actually i can't get up. I can't get up or you guys are going to see the bottom of my uh. My work, clothes and then i'll get in trouble, but um we have some phony lamp over there.

I promise you. I've got the og lamp. It's it's chilling in my car, i'm not gon na. Take it out until i figure out exactly where i'm gon na live.

This is my temporary place that i'm gon na be, but once that's, let's up settle down man, i'm telling you lamp ain't going anywhere. Lamp will be here. Lamp draws arrows, we put the arrows on the chart and typically the technical analysis follows through naked shorts. Yes, sir, yes, sir, oh man, so we're gon na take a look at ortex here, really quick.

I saw a question asking about why we use ortex instead of other information and i'm just trying to stay consistent right. So ortex has been my go-to short interest. Data exchange website, for literally the last, you know, five-ish months, i've been paying attention to this pretty closely so for me to step away from ortex just because the data being reported doesn't reflect necessarily what i want to see. I don't think that's doing justice to anybody right, it's okay, to look at different sources and compare compare or compare right i'll.

Do that all day! Long like, for example, the s3 short interest was actually about three or four percent higher. If you were to watch my video yesterday, it was sitting at like 15 ish percent compared to what uh amc had rocket on ortex, which is about 12.. But nonetheless, the short interest on the day is appearing to be down about seven five percent from the previous day's short interest. So that's what you got rocking up right now about 58 million total shares on loans reported right.

This is about 85 percent of the exchange. Data costs to borrow average is about 4.91, the maximum 19, so there's a net change of about 692 000. This is a t2 system, meaning that you're getting a little bit of a lag in terms of what actual shares are being returned to everybody hold on a second, i got ta answer. This is my doctor, sorry about the weight guys it's just some medical stuff, i'm just trying to get everything taken care of a lot of phone calls today, but i'm doing good, don't worry about it, but nonetheless this is kind of what you got rocking up in Terms of the short interest, so uh, i'm just staying consistent, i'm just giving you exactly what's being reported or text, is about 85 of the exchange reported data right.

So we don't know this is the entire picture. It's just an overall trend. Is it possible that some shorts have covered? Yes, how about the naked shorts, the failure to the livers these crazy call-offs is liquidy getting put into these? These are things that are not necessarily as quantifiable in terms of where things are going to go. So i'm not concerned there's still about 11.5 percent short interest of freefall reported out of 85 of the exchange data, which is 58 million shares.

This has enough. You know space to get a nice push in and of itself without any other sort of momentum, including the fomo, the the call options chain or any sort of shares that shouldn't exist right. So this is what you got rocking up right now, i'm just giving it to you straight as it is. You look at the daily short sale volume percentage of the previous day.

It says about 36, so this is also lower, and i have a hypothesis - and this is something that i don't even take credit for. This is something that was thrown together by somebody in my discord. His name is late chuck. He said that there's a good possibility of what's called a share, recall right.

The loan recall and what you've got here is: if you look at ortex previously, there was somewhere in the neighborhood of about 133 million total shares on loan. Now what can happen is that the people who lent out stock to the people who are borrowing stock right, they could have forcibly recalled that stock because they don't want to assume the risk that you're having with these shares on loan. So is that actually happening? That's not something we'll be able to know unless there's articles that come out, but it sure lines up, especially well with what we thought would happen. You know about three or four weeks ago, so that's a pretty encouraging.

You know thing to see in terms of uh. You know the the pressure being put down in these short positions, and i i'm really enjoying to see you know that pressure it's starting to come to fruition 3.7 million stairs available to borrow as it is right now and now people have been asking where these come From i, don't necessarily think that means that shares have been returned because you had zero this morning and then it jumped to three million. You didn't have that spike effect that you would normally have if shares are getting returned. What this could be simply put is that you've got lenders out there who just had available stock.

That is now there for shorting right. It doesn't necessarily mean that shares are returned. It could just mean there's more shares available to borrow, which would line up. If you look at ortex, since the utilization has dropped to about 86 percent - and there are less shares - you know that are being shorted into the market.

So, that's probably what you've got going on right now in terms of the overall data, but right now what you got cooking up on amc 754.44 down a percent on the day. That's kind of my introduction all the different stuff that we've got cooking up right here on on the stock, just waiting to see what's gon na end up happening. I really do believe this week is gon na be a good week. I think we're gon na end.

The day green, it might not be a very exciting day. You know we'll wait and see what the last couple hours have to bring, but today has just been a setup right. It's slowly getting ready for that. Next leg up, it doesn't feel like consolidation.

When stocks pull back like this, but when in doubt zoom out right, this is consolidation to a t bouncing around bouncing around narrowing up narrowing up right. You've got this huge pennant formation with this descending level of support in this horizontal level of resistance. Eventually, it's going to break one way or the other, and i'm more inclined to believe just based on the overall. You know trend the apis nasty freaking tending sound chicken church trend.

This is going to break for the upside. So that's what i'm waiting to see here right now, all right don't buy mcx correct. It is not the same thing. It is.

It happened in january. It happened in march and it's happening again. The amcx is up to freaking 73 at its peak, which is absurd, but um keep in mind. Also.

This has a lower overall flow 28 million shares, so it doesn't take near as much liquidity to get this thing moving, but there's still people obviously making that mistake. Sorry, i won't bang my chest. I know that it only gets people uh feeling some sort of way, and i don't blame you when amc explodes you just bind all the heart. Absolutely absolutely.

Thankfully, i've got full health coverage, so the the surgery which is pretty expensive uh. I won't have to worry about so don't worry too much, don't worry about it. Don't worry, trey check, charlie vids, page asap. People are confused and need answers.

Charlie vids um, i haven't ever seen any of his videos. I got ta be honest, not because i don't know, i don't know who he is or whatever, but i just try to stay in my own lane and trust my due diligence in the research that i've personally done. Let's see videos you got ta tell me which one man i'm not sure. If it's about the insider selling, i wouldn't worry about insider selling right.

How much are they selling? Is it a couple thousand shares? You know fifty thousand a hundred thousand right. The insiders of any company have to be very careful about the way that they sell stock, and why is that? It's? Because if they sell into a squeeze it looks really fishy. They can get in some trouble for taking advantage of you know essentially what they would call insider trading or certain market conditions. They can get dinged for some legalities.

So if they want to give up a couple thousand shares, let them do it. We're have. We have 151 million a little volume on the date. What you need to be wary of is the media and how they spin that sort of stuff right.

This is obviously a situation in a stock where we're not necessarily worried about. You know insiders, you know and their shares and that sort of stuff - i know one thing for sure - is adam aaron in this last interview, said he's still holding all three million of his shares. The only thing he's gotten rid of was when he gifted them to his sons. So you know i'm i'm pretty bullish on where this is going in the short term, and you know when the storybook is over the long term.

Oh it's a post that helps. Let me look hmm, you know what i can do is. I can simply ask so i see this post, i'm not going to show it because there's uh there's no point in creating fear, uncertainty and doubt over things that we don't tangibly know. But i'll tell you this.

I will ask the question and i will see what i can get done to to alleviate some concerns that people have. That's. That's what i have to offer right. Um.

We just got ta control. We can control. You know what i mean. That's as simple as it gets right on these red days.

It's going to be very, very, very easy to get into this fear of certainty and doubt, and so look for reasons as to why it's dipping, but you know truth, be told we're only down about 4.4 on the day and this is still set up extremely extremely Well, right, i'm staying true to my convictions, the research that we as the apes, have done right, it's as simple as it gets. Where was uh, you know essentially where we thought those would go based on short interest based on the call options chain based on naked shorty, based on failure to delivers based on a whole bunch of different research right. I am staying true to what i believe in and i believe that stock is going to do what it's got to do, regardless of where these other situations lie right. The short term is the short term, so i'll address it.

You know i'll see what i can do i'll ask some questions, but that's the most that i can do my friend so lovely you are okay, feel good in our positive. I appreciate that man. Thank you red days equals buying at a discount absolutely man. You got ta survive, survive the dips, weather the dips and uh celebrate the rips man, it's as simple as it gets.

That's as simple as it gets. Absolutely all right. Are you still doing a meetup in oklahoma? Absolutely man we'll get there absolutely absolutely! Ah, there's there's just some other stuff. Obviously i've got dealing with right now and uh trying to balance.

You know my full-time job. You know giving you guys some valuable content trying to to you know relay some information. Give you some motivation whatever it is right, i'm just trying to balance that, along with these doctors appointments, i really don't get a whole lot of sleep right now and uh. I don't have a lot of free time just to be absolutely honest with you, but that will be something i do it'll likely be on a weekend, but when it happens, i'll put it out on twitter i'll say this is where i'm to go.

We can meet up, we can, you know grill, some burgers or whatever. We want to do and we'll go from there, but it will happen my friend absolutely so about 54.63 right now on level. Two is the ask and the bid both relatively empty. So now i wouldn't imagine much if there is algorithmic trading right.

It's it's very minimal in comparison to what we have seen in the past. This could be for a couple different reasons right. This could be something as simple. As you know, there's there's less available shares to to do this.

Algorithmic trading or they're - just not interested in this current moment in time. Please make sure citadel does not know the location of your surgery i'll try to keep you private, i'm not going to say where i'm getting surgery done. Looking good tree uh. Looking man, i appreciate that brother wait, we're grilling! Why not man? I, like i like burgers and dogs.

We can do some burgers and dogs uh dude amc can't even 60. Why is everyone saying amc to 100? This is one day cloud: kicker patience, patience, patience, patience. You know what happened for uh for five months before amc went to 77, it traded back and forth between nine and 14. things sometimes take time, i'm not concerned.

In fact i'm encouraged by the fact that it's had so much strength to hold in this pendant formation. I mean this shows you a lot of strength. We just have to zoom out zoom out see the overall trend. The overall trend is bullish, higher low higher low higher low higher low high or low.

This is squeezing up. This is spring loading right now. This is the calm before the storm, in my opinion, you're just waiting for that next break over that 60 dollar level of resistance to ultimately get back up to 77 as the all-time high in the pre-market back on what would have been june 2nd. So i i'm absolutely okay with this sideways training.

Consolidation is good. We've i talked about this about a month ago, but in case you're new to the channel. You know, rip's fall by consolidation is a bullish thing and you've. Seen that happen pretty much over and over and over with amc stock watch, this rip consolidate rip consolidate, rip consolidate, rip consolidate, and this is a large scale.

Consolidation phase right so we're just getting ready for that next rip up as long as it continues to trade sideways like this right, barcoding does not equal consolidation, that's not healthy price action. Typically, that happens when you've got a lot of algorithmic trading people that are scaling. It penny by paying by penny right. This is healthy.

This is okay right, i'm not mad about the fact that this is just winding up and spring loading for that next overall push. We just obviously want that for the upside holy toledo, jesus john loftus. Thank you for that. I appreciate that brother.

When i ripped my pants, i thought that i had naked shorts on my side, but then i went and blew it all sky high when citadel went and ripped their pants. Oh i'm just playing just playing. We need some boo boom candles. Baby come on, come on just not doing much on the day, 152 million total shares of volume here so far on the day, 1.77 billion total dollars of inflow.

I see that clove is ripping today and i'd like to. Let you guys know this is not a stock that i'm playing right now, i'm letting it do what it does. Uh i'm focused on amc. This is my primary focus.

I think there's more on the table here and i'm just waiting for things to come to fruition. Move the arrow, oh, i didn't do it, god, i'm conditioned, i'm conditioned to bang my chest. I don't know what to tell you it's so hard. I really struggle not doing that.

I'm just an energetic guy. It just gets me going just gets me going all right. There we go, we moved her over. We moved her over this spongebob song.

What's christian is on matt coors? Absolutely, if you guys want to watch that feel free. You know i'll i'll, be here for my evening, video so um. It's entirely up to you, whatever you guys want to do he's been crushing it, so the dude dude's been giving everything that he possibly can lots of info overload on amc, lots of different youtubers and lots of different opinions. You're, my go-to praying everything goes okay.

I appreciate that man, i just try to give you anything that i can stay consistent right. We've been using vortex, we've been using the short volume percentage, stonco tracker. I try to just give you basic technical analysis. If there is a trend to read which is harder for at all, you know new all-time highs, but right now we are in a trend that is, you know you can read.

This is a situation where you can follow the line per se right. This is a line. This is a trend. You can actually predict this sort of stuff right.

We were able to predict that a breakout of this would bring us back up to 60 bucks. You know a couple days ago, just like we can predict that this is a bullish formation right, i'm more inclined to believe eight or nine times out of ten you're gon na get a break up for the upside over this horizontal level of resistance. So we're just waiting to see what's going to happen right, it's just winding up. This is the patience phase, patience, patience, patience, i'll watch your stream, even if it's just lamp we'll get the real lamp back.

This imposter phony this phony lamp over here with two heads. I don't know how i feel about that. The hydra, oh man, doctor, says no more monkeys jumping on the bed. Oh well doctor's out of luck, because i love jumping on the bed, not playing.

Oh i'm playing. Thank you. Chris appreciate that john again holy toledo, trey thanks for uh, live streaming. Absolutely man, absolutely amc is gon na go higher than than cheech and chong 500k.

Do you think it will reach gamestop price? I think it's very possible we're just waiting to see what happens. Man, the truth be told, i'm doing people an injustice by giving you any sort of price target. All that i ask for is that you walk away in a much better position than you were previously right. So there's a lot of people out there who got an amc back when it was 5.

10. 15 bucks. I just want you to walk away. You know when you want to don't let people influence the time that you want to sell right if it's, if, like you get on the internet, and you see the bots, you see the shields, you see youtubers twitter, whatever it is like people telling you get out, Get out get out, get out, make your own decisions.

That's all that i ask for right. I can, you know, give you all of the information, the research and due diligence and number crunching and opinions that i possibly can. But this is where your own personal responsibility comes into play is: how much am i willing to invest and when do i want to buy? When do i want to sell right just take care of yourself feed yourself right? That's all that i can ask for my friends genuinely. I genuinely genuinely genuinely just want people to walk away better than they were before.

So i think, there's more on the table. I'm hodling on, i think, there's more to come here. You guys just do what you got to do as simple as it gets: send them to matt's channel. You guys can go watch matt coors! If you want absolutely matt cooper, is on youtube.

He's got uh he's got wes christian christian on doc said: don't sell amc! How to the moon sounds like a cool doc. That is what my doctor said. Absolutely absolutely uh people need to be talking about capital gains tax, don't get caught absolutely so. Capital gains tax, especially for short-term investments.

So if you held a security for less than a year, you know such as most people in amc stock are likely going to do uh. You have to pay a certain amount of your gains for taxes right so make sure that you're crunching those numbers - just google up capital gains tax. It actually files under the the income tax bracket. If you hold a security for less than a year and just find out how much you're going to oh, if you make over 650 000, i think it's like 37, so it's like, hypothetically speaking, you made a million set aside 400 grand that's for uncle sam.

The rest is yours right, so just don't get caught, you know, don't get caught, losing your money, we don't want the irs hunting down and slapping it on the ask. You know what it is. Oh man all goes well on the medical side of things, appreciate that devin i'm doing okay, i'm just trying to keep moving. If i sit down and get in and do all of my thoughts, i i don't stay in a good.

You know positive state, oh my god, it has to keep moving if i keep moving, i'm absolutely fine, absolutely i'm happy on red days and on green days, man. This doesn't stress me out. I'm chilling i'm chilling because i know there's more on the table. I know this is just preparation for the next leg up when in doubt zoom out simple, as it gets right we're in a bullish formation.

This is looking good right now and if it's not looking good i'll, be honest with you guys i'll say look. This looks like it might extend the timeline, or this looks like it might sell off for a couple days. I'll tell you simple as it gets. I've warned you guys before when i thought you were going to see dips right and i we might have a dip, but i don't think yet.

I mean you're looking at a bullish formation. This is a great ascending level of support. You've got an upside support. I mean it's just waiting.

It's spring loading. I can wait this out all day long, i'm not worried about it. So just wait to see what ends up happening. Yes, sir, you know what it is, i'm ready for this to jump out the gym.

Yes, sir, are we expecting any in the money, call options from last week to be purchased today tomorrow for the gamma? So it's it's possible, but a lot of the hedging that comes from market makers takes place, sporadically as it continues to run up and i'll show. You an example of what i mean right. So, let's look at this on the five-day chart check this out. This back here was some sort of gamma squeeze.

It had to be because what you had is a squeeze up from 39, all the way up to 73.. Now, as this is running up and up and up and up and up which you can think about, is the market makers who write up those call options that are out the money they start running in the money they have to purchase stock by the off chance? That people want to exercise those call options, because if they don't have it, they get caught pissing on the fence right. They need to have that stock or it's a crap ton of failure to deliver. So as you have stock, you know the stock price run up.

You get more call options to run in the money which causes this endless feedback loop of gamma, squeezing which can lead to short squeezing which can you know, cycle back and forth, and back and forth, and back and forth as long as the momentum continues. So that's what she had happened back here. There could be some that get purchased this week right, but the majority of the the stock that gets purchased for those call options that ran in the money was likely from last week until we start getting more that run in the money right. So, let's just look at the call options chain, for example, looking at this right now, you've got 16 000, 29, 000 uh you've got 22 000 and seventy so there's a lot of call options between, i would say: 55 and 70 bucks if we're gon na run Over that, that's some definite gamma squeezing that could happen.

Furthermore, you know these are probably already hedged for, but 18 june has a lot of open interest, specifically at the 40 striker remember, there was like 200 000 it's already. Some of these are gone. I think some people took profits, but you've got 128 000 total open interest at 40 alone, and i'm assuming you're gon na have a lot more yeah. Look at this.

So there's a lot of call options in the options chain that can get hedged for as we get back over that 60 mark. It's just a matter of patience, and i can wait this out. I can 100 hyakumon pasento wake this sucker out. So hopefully you guys can't hear my air conditioner too bad.

You guys. Let me know in the chat bar here. The air conditioner is treating you. Okay drop some freaking gorillas in the chat.

If you are new here, i just want to welcome everybody who is? Who is joining the guerrilla game joining nc stockholm? This is your first time seeing amc stock welcome. You are in for a freaking journey. If this is an investment that you want to make. There is a lot of you know continued momentum, the actual zoomed out.

You know, chart setup is very bullish. The volume on the day is obviously a little bit lower today, it's at 155 million, but that is you know partly and due to the fact that people like to buy green and you've got a crazy green day on clove right now. So, to be completely frank, this is stealing the show a little bit you know, clove has a lot of volume and a lot of liquidity getting put into this 2.5 billion dollars is in clove right now. So this is, i would say, partially why you might not have much price action today on amc just being completely blunt with everybody um, but in the you know the way that this is winding up.

I still believe, there's more on the table, so it's good to have all the new apes here. If you're cooking with crisco, you were freaking rocking the tindy town waiting for the moon to get blasted through by a rocket to go to pluto baby. This is the place to be my friends. Obviously you do what you want to do, but i'm bullish on amc - and i know a lot of other people.

Who've done a lot better research than me more intelligent than me. That thing is going gon na go. Do some pretty decent stuff all right, trey is there. This is a bearish setup on a daily chart.

Let me look it on a daily real, quick, i wouldn't say so. You've got some topping tails, but it's still riding an ascending level of support. I would call that still pretty decently bullish and when you look at this on the one hourly i'd say it looks pretty good. I really do.

I think this is a pretty bullish setup we're down on the day about 1.9 percent, saying about 53.94 or so you're. Just looking for a break over this descending level of resistance, so i'm going to uh draw this back down here. A little bit. You've got one two three four different touch points you're just waiting for that eventual break or that decent level of resistance to get us back into some bullish momentum.

I'll tell you what if i am the necessary evil that brings us to tendy town chicken church kraken kingdom baby check this out. I wan na try this out, but i'm not gon na have anything until i get my heart surgery done, but nonetheless, if i'm the necessary evil that brings a dip, so the rip can follow i'll. Take that that responsibility all day long every single time. Oh man, you see the email i sent you.

I know you have a lot going on. I just want to know if you're interested in talking to me about something i'm working on brandy. I have to be honest with you, there's so much going on in my life right now, like i'm literally getting like three or four hours of sleep at night. I i i try to make a video for everybody in the morning.

I go to work. I live stream for lunch. I go back to work. I make my evening video and i try to have you know some more soul of uh.

You know personal time work to my doctor's appointments, all that sort of stuff. It's just a lot on the table. For me right now, so if i'm not getting back to people who are reaching out to me, i do apologize. I really do try my best, but there's only so much i can do you know so bear with me.

Eventually, the world will slow down a little bit when amc has done what it's going to do. She makes us 11 pep attendees, as, like my big big boy, drake, would say right. Uh there will be more time to do stuff, so just bear with me. I appreciate that keep your health intact, appreciate you all off from north carolina.

I can't wait to go out or northern california. I read that wrong. I can't wait to get out there honestly. Are you using your uh? No, i love it on lamp.

My lamp is on, but i'm not going to turn on that fake lamp. That's a phony lamp right there, man, it's a phony lamp guys average days on loan is over 50. they're returning shares they borrowed recently and probably never even showed it's a fake covering huddle. Great point i actually talked about this in one of my videos here recently so check this out.

This is something i actually saw from matt coors and it's a really cool tool. You can actually see the average days on loan for any sort of shares that are out there on loan right now. The average length of time that loan has been held is 57 days. Now, if you go back 57 days ago, we're just gon na round that up to two months right, let's go back two months: i'm gon na show you the three month uh the six month chart, i suppose, will work, but today is the eighth.

So we'll go back to april, 8th right check this out april 8th what was the price trading at on this day: nine dollars and fifty cents. So if the average loan was established back two months ago right, what does that mean? It means they are deep. Piss bad in the red, even at fifty four dollars, even at fifty four dollars, they are down like 400 500, depending on when they establish their position, don't get it twisted man. These shorts are in some major pain.

Whether or not you know they want to admit it or not, that's just a fact. That's as simple as it gets this down right here, tells you that 57 days average that alone loan's been held. Think about that think about that. It means that they've been watching this to go up to 70 bucks.

Can you imagine if you had a short position at an average of ten dollars, and you saw that 70 bucks? You were down 600 700 i'd be going well. What do i do now? What do i do now? I'd be freaking, i'd be drinking from the bathtub water, because i've got no money to even buy tap water man i'd be pissing. My pants like this is a world of hurt for them. It really is the average day on loan 57 days.

These guys are hurting simple, as it gets looks like we might find a little bit of a bottom here. This is a small bear. Trap set up not a very strong one, but nonetheless you do have a wick that establishes a level of support and a false break underneath that level of support right here, all right, glasses, ah they're in this box. But i can't get up or i'm gon na get in trouble.

I can't do it. I apologize i'll put them on for my next video. I promise i promise. I want to send you your gorilla game.

Memorabilia coin mulligan's received theirs: oh yeah, brandon brandon. So the problem is that i don't have an address right now, i'm literally in uh, in a hotel until i figure out whether or not i have to sign a lease. I'm waiting to hear back from my doctor sometime in the next 24 hours um, whether i'm staying here or i'm, going back to north carolina and that's going to determine a lot so um. I i will get you an address at some point in time, but i don't have a you know a permanent one as it is right now other than my home, and i don't want to give out my home address.

You know on the internet because you know the internet, but i will have a p.o box when i move eventually, so i am wearing pants, but i can't show you my pants i'm going to get in trouble. I wish i could naked shorts it's naked shorts. I love it dude, you guys. I tell you what i tell you, what the gorilla game you guys hold it up.

You guys hold it up on these on these red days, which is by the way, you've got a break over this decent level. Resistance with a wide range candle bar right here, not a bad one. Let's look at the range on that 54 low high of 5470, so not quite a boom boom candle, but a good amount of follow through on volume to get a break over that decent resistance. So now you're, looking for five minutes of train continuation or consolidation over that descending level of resistance to ultimately get us back up to 55, the round even steven level of resistance, which will then bring us to 60, which is up here on the chart.

So that's what we're looking for as of right now, let's get that boom boop candle baby come on just need that follow through uh. You will stop hitting your chest, make a promise now. Ah it's so hard! What, if i just tap it? What if i go like this how's that that's not very gorilla like it's, not very gorilla like previously, you thought the squeeze would happen in may and or june. Do you still think it will be or more likely it will be later now? So this sort of momentum that we have rocking right now is not sustainable for a long period of time right in my personal opinion, if it doesn't squeeze in june, it could take a couple months after that, because think about this right.

The average volume that we saw on any sort of given day was you know, pretty low 23 million 49 million 27 million right this sort of low volume. This is the wind up right. This is the sort of preparation getting you know, amc ready for that. Next big move and this sort of i'd call it volume exhaustion right.

We can, you can reach volume exhaustion if a stock has too much volatility for too long. So i think personally, i'm expecting a move over. You know this is just my opinion. You guys do your own due diligence, your own research.

I think you've got a good shot of this cracking. You know 100 bucks sometime the next one or two weeks, but you're just watching for this continuation of momentum, meaning that it continues to set higher lows and higher highs right, as well as a decent amount of volume. Now i know this is lower than you've seen in previous days, but 157 million in volume is still no joke, especially considering that you've got clove right now, which has literally double the amount of inflow of us dollars. 2.5 billion us dollars compared to amc's 1.8 billion.

So not quite double, but you get the point right so with that being said, i i still stand by i think june. I think this is the timeline man. I really do. I think this is the time for amc to do what it's got to do.

It's dipping today right, it's not exciting to watch right now, but zoom out. I promise you if it's, if it's hard to watch amc, doing nothing right now, because you just wanted to rip to you know to freaking pluto right now, right just step away for a sec step away. Wait it out, let's just drop some bombs. What do you say guys give me the scoop, give me the scoop.

Let me know what wes just said: can you express the importance of investors showing up daily on social media to support amc on twitter trending creates fomo. I try to show up on twitter every single day, absolutely man, i i think it does make a difference and it just spreads the word you know absolutely absolutely does when in doubt zoom out boom. Anybody know what he said. What did uh? What did west say during his uh his interview with matt or his conversation, podcast uh, paul, stephen, the i know my diet is obviously not perfect, but the majority of what i've got going on is genetic you're born with a heart shunt, that's not something! I can control so i appreciate that but um you know i i know what i got to do, i'm i'm working towards what i got to do so i appreciate it.

Nonetheless, all right - hey - i saw that article and did some research they they did sell but sold like five percent of their total shares that little media spent hard yeah see there, you go, it's really not a big deal. The media is the people trying to get you out of their stock exactly 100. They, hedge funds, are scared, you're beating them at their own game. Absolutely man, you, oh no! I didn't do it.

I didn't do it whatever you think. The short interest is on amc. Uh on gamestop is a lie. Yeah, let's go, let's go huge.

I'm gon na have to ask matt about that. I'm gon na have to ask him. Should we shoot him a call? What do you think? What do you think try to say your dm on twitter about an idea? It's either under steve forden on slf1982. Take a look and tell me what you think, man i'll take a picky wiki, a quick leaky, wiki uh steven thornton you're, not popping up man.

I can't find you yeah call him all right, i'll call him up quick, oon momento. Let me call matt right now: hey, what's up man, hey man, how you doing i've got you on live stream. Just let you know. Okay, what's up hey uh people were telling me to give you a call about uh wes christian.

How things go? Would you have the? What do you have to say it was cool? I mean it was like a little bit of longer thing. I'm gon na like clip it and post it later, but uh it was cool like he was just chatting about, like. I guess how he sees things from like a legal standpoint: okay, any uh, any any groundbreaking information. People are saying uh.

You know in the chat here essentially talking about the the short interest being different than what's being reported um. You know what do you have to say. He was just saying that there's like various ways that they like kind of, can like lower it down like, but that's the thing is like we don't have transparency on how much they're actually doing yeah right. It's not quantifiable yeah.

I was like it's just like always higher got you, okay cool. I look forward to that uh that freaking video man, it's uh it was. It was cool of you to get them on. That's gon na, be some good information, all right catch you later man, peace.

My brother, my brother, oh man, i love man, he's such a good dude me and him are actually really good friends for anybody. That's wondering so uh anytime, you guys try and uh. I shouldn't say you guys it's a small percentage, small amount of people, but matt's a really good dude he's genuinely out there for the best interest of everybody. I like matt a lot so um, either way.

Let's keep this freaking rocking, i'm going to be around for another 10 minutes or so, and then i got ta get back to uh back to work but trey. I think your twitter has been hacked, got some dms for you this morning. Maybe change your nah. My twitter hasn't been hacked, there's a different trace trades out there.

So you'll know it's me because if you come to my profile, my handle is different than that spam account. These got me blocked, so i can't even find who this dude is, but my handle is trades trade t-r-a-d-e-s-t-r-e-y. So that's my twitter uh. If you want to check it out here, it is but uh don't answer anybody that doesn't have this handle.

This is me. I wish that twitter would verify people they're not taking freaking verifications right now, because i would take care of the problem, but uh there's not much. I can do about it just watch out for it. That's the most advice that i have to offer.

Look at this. Just just a fair warning: i'm never gon na ask you to invest in crypto. I'm never gon na. Ask you to give me give me money, i'm never gon na tell you exactly what to do.

I'm not gon na give you direct financial advice. That's not my thing right. I i am here to give you the information and research and due diligence that i've done as an opinion, and then you guys form your own opinions and fact check that stuff. Yeah verification will make the most sense.

I really want a dj. I really do it's uh. I've got it on youtube, but i'm trying to get on instagram and twitter so that i can't be impersonated anymore. It's it's a little hard.

It's frustrating, i think, twitter's taking them right now or the chances the sec can step in and stop this before it uh starts under the premise of illegalities. I think they're, watching this situation, pretty close right now. The thing about the sec is, they have to be able to definitively prove any sort of malpractice, corruption or manipulation right. We can sit here and say yup.

You can tell there's some pretty goofy stuff happening right now. You can tell that, since the inflow is higher than the outflow, that you likely have some sort of weird stuff happening and because you've got 1.8 billion dollars of info 1.79 billion dollars of outflow, that doesn't typically happen and you're right on the date right. So you can look at these sort of things and speculate with pretty good confirmation that there's some malpractice taking place, whether it be naked short selling. You know whether it be algorithmic, trading or there'd, be a variety of different factors, but they have to prove it.

So we're just waiting to see what ends up happening. Gamestop is ripping up 5.8 percent. I wouldn't call that a i wouldn't call it a rip, but it is up on the day for sure absolutely thank you for everything you trade. You need to do what you need to do to focus on your health and, while being your busy man, we don't appreciate it.

Nah man, i'm just here, for you guys. Ultimately, i i enjoy this stuff, and i want to provide the best information that i can to you know to keep keep things rocking, because this is what it comes down to right, above all else, above the money. Above the you know, the flood above the funeral. Certainly another the different opinions right: the people out there, the apes, who have been gravitating towards amc stock.

You know and game stop both gamestop laid the foundation for where we're at right now um, they all came together. The apes came together for a singular purpose and it was to send a message to short sellers to show them that the retail money, the 99, the freaking, the dumb money out there, the apes are so much better than you than they think we are right. It's a story, it's a why it's a legacy being written and it's not done yet. It's just not freaking done you know.

So i'm sticking this out until the end of the chapter. The end of the story book when there's time for a new story book so be it, but this is not the end yet i just there's can't be there's more to come, there's more to come uh. Why is lou talking about another ticker club? That's a distraction by hedge funds and owned by citadel um, i'm not focused on clobe. You know he do he we do.

We clove is not stock that i'm talking about right now, it's not for me, i'm not touching it. I haven't. I haven't put any any money into this sucker. I have no interest all right.

Major internet server issues right now per ape that works on cyber attacks, multiple brokerages, having issues teams chat down at my office too paula. So i also saw that reddit was down this morning. I don't know if it's uh, i don't know if it's still down. Let me double check, but it was down this morning like six or seven.

Now it's back up which is good to see but um, i'm not surprised by it. I've actually heard of a lot of people who are having issues you know getting into their brokerage accounts and stuff, which is a little bit scary. I don't know what's really happening right now, um by the way you know people saying that clove is owned by citadel. I think you should be really careful about saying that sort of stuff unless you can back it up with uh with with research.

So i'm not endorsing that! I'm just simply reading your super chat, because i haven't done the research to back that up. So if, if you want to fact check that statement, i'm not dating you at all sean, it's just you know a message to everybody: make sure that you're fact checking things before you just believe them on the internet. Even if it comes from me because i have been wrong in the past right - that's what's important about doing your own research and due diligence, so a big big, big takeaway right now. What is this what'd? I miss uh with this 14 vids a day filled with fighting insults now swing.

You know he's not my concern. He can do what he wants to do. Man, i've got uh. I've got my own lane and i've got my own things to deal with.

You know. There's not always going to be people that agree with what you do he can. He can disagree with my opinions and he can disagree with the things that i do with my own personal time and the way that i try and you know, relay information about amc stock. That's fine! I don't have to go out of my way that reflects on his character and not mine.

I'm just going to keep doing me. That's ultimately what it comes down to you know. People can do what they want to do. It's a it's a free world.

It's a free market if he wants to talk about the things that he does so be it where i'll step in is when he's saying you know certain information that i don't agree with, because i don't think it's factual, i don't think you're trying to disprove factor Speculation, so you know it is what it is. He can do he i'm gon na. Do me the apes? Do they right? That's as simple as it gets. You know.

I'm focused on uh on on the situation want to see. Barcoding go. Look at sundial. Oh, oh! No, oh! No! Oh! No! That's some barcoding right there! That's some barcoding holy toledo, oh yeah! This is barcoding.

If you ever see, amc do that. That would make me a little nervous. I'm not gon na lie. I'm not gon na lie.

That's that's! Not healthy price action just being 100 honest. This is some algorithms trading that this is 150 algorithm trading. Because what happens is you get people that buy it sent by sent by sent, buy, sell, buy, sell and algorithms just scalp it back and forth? Look at the bid in the ask: it tells you the whole story: it's freaking jacked up. It's it's ridiculous! This is algorithmic trading to a t.

That's so ugly! Oh jesus, oh man, citadel owns, half a million shares in clove. I'd have to fact check it, but uh. You know other people can look into that and i just i just don't know um i can. I can check really quick and see what we got, i'm not sure lamp.

I know we got the phony lamp here. The double header, the the hydra, we'll call it the hydra, the mythological beast, but we've got the og lamp trust me. I've got the og lamp we're just waiting until i get settled down somewhere and then i'm gon na bring it in, and it's gon na be the og doing what the og does. 100 percent yakuma.

What's up man, i literally sold all my doge. I got an amc made like 12k until now. For some reason, i have faith in this movement. Much love mohammed, well, welcome brother, it's good to have everybody here.

Every single individual ape matters. You know your story, matters just make sure you're doing our own research due diligence, crunching numbers figuring out what you got to do have a game plan. That's all that i ask, for you hope everything goes good with surgery. Yes, sir, there's a lot of shades thrown at andrew matt's chat.

Did he do you guys wrong? I think he's a fellow ape um andrew's, a good guy. He he is he's just got a different direction that he's taking with things than what i'm currently focusing on. I think he provides value to the table. It's it's just, not something that i'm personally focused on.

I like to focus on technical analysis and crunching the numbers, the short interest, the the options chain right and he likes to do more of the due diligence and the research side of things. So that's his lane. I've got my own lane and we, you know each individual person provides something to the table. So that's kind of my thing, but i've got nothing wrong with andrew nothing at all.

What do you think about all these distractions like cloven amcx? Do you think we're still looking at the june mo ass? I i think june is still very much on the table. Look at this zoom out like when in doubt, zoom out higher low higher low higher low higher low. This is writing a beautiful, ascending upside level of support. That's nice! That's as good as it freaking gets man absolutely absolutely absolutely amcx 100 of distraction 100, because back in january, back in freaking march and now right, amcx is getting pushed by the financial media.

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