AMC Live: In this live stream we watch AMC live price action and other hot stocks.
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Oh, what's up, what's up, what's up, what's up youtube, welcome back to trace trades? How are we doing everybody? It is your boy trey, coming back again for episode. Number seven of the traders podcast live stream number 70 baby we've got some stupid, freaking fat, tasty, dumb, lemon pepper tenders, cooking up today with amc, we're up 12.75 percent jackman baby. Look at this freaking 72.1 million total volume on the day here so far. Currently, on my lunch break from work, figured i'd stop in here really quick, as i've got some free time.

They give me about an hour and a half for lunch and just uh. You know connect with the freaking gorilla gang all the apes out there who were rocking and cooking with cusco on amc stock. Today, just gon na give you guys some updates and answer any questions you guys might have regarding the stock. So i'm gon na give you guys a quick update here, really quick on what you've got cooking on the or text numbers in case you were curious, as you can see here, i'm just gon na refresh the page.

The short interest is down about point two. One percent, which gives us a total estimated to our interest of about 77 million total costs to borrow maximum, is currently saying about 19 and the utilization is already eaten all the way back up to 99, which is absolutely beautiful, shares only 128 million free falling low 24 short interest estimate is about 14.46, as it sits right now. Keep in mind that this short interest does not paint the entire picture right. This is x, equals something, and that does not make sense in the grand scheme of the equation, because we actually have a a a variable.

That's missing out of the equation. We don't have the y factor, which is the overall naked shorts and the failure to delivers of the ftds that contribute to selling pressure on the stock that ultimately cause synthetics right. So this is kind of a small scale picture of what we've got rocking on amc right now. I also want to show you the overall short volume percentage uh and what kind of trend we've been seeing here recently now, if you pay attention to or text you can see that the short interest has been going down right.

However, if you look at the overall short volume percentage on the given day for the last four days, the lowest we've been is 56. You can see 61 56 57 61 of the last four training days. So this is obviously very very, very, very, very, very, very obviously being heavily shorted as it sits right now and i got ta turn freaking lamp. I don't know what i'm doing the og lamp in the house here today.

We've got uh the gorilla gang mugs also that picture that was drawn up for me by a really awesome person. I met out in vietnam baby, but, as you can see, this is still being heavily shorted and even regardless of that amc stock holding on beautifully one last thing i want to say in case you were not able to catch my wanda video i wanted to. You know kind of walk you guys through why we didn't see a squeeze effect when the stock was being covered right because over the last week, or so, we've seen according to ortex, that quite a few shorts have gone out of positions. There might have been a loan recall by some of the lenders, so i think that about 30 million total shares that were on loan ended up getting recalled or sent back to the original lenders.
And now what you're looking at is wanda sold about 30 million shares right. So what i'm? What i'm gathering from this is? We did not get that clean breaker for 14.50, because wanda did get out of their position right, which essentially negated. You had a equalizing effect on those shorts covering in fact, you had a little more selling pressure than buying pressure, obviously, because we pulled back to that 12 range, but so far everything that i thought was going to come to fruition is coming to fruition right. We ended up coming down that retracement zone that fibonacci retracement between 50 and 61.8 percent, which ended up being about 12 to 12.80.

We bounced around here for a while consolidated for a while. They got that clean lemon pepper, tendy break over 12.80 and now what i'm? Looking for is essentially just consolidation right. I kind of pointed this out in my video this morning in case you weren't able to catch it, i'm looking for consolidation somewhere in that 13.50 range, and that doesn't mean it's going to barcode between there right. It means you might get a bounce back and forth between 13 20.

13. 18 14 bucks, whatever it ends up being, but you want that up and down started moving that consolidation by continuously setting higher lows. That's ultimately going to give us that retest of 14.50 and then this new overall level of resistance, with only one touch point right. So it's not a grand scheme, huge level resistance, but it's about fifteen dollars and seventy five cents.

Fourteen fifty is going to be the next barrier you can see. We got a week. Rejection at about fourteen dollars on the chart set up right here. 1396 is ultimately what ended up coming out to intraday high we're still respecting a pretty beautiful, ascending level of support.

I mean this is as bullish as bullish gets trading well over the v out the volume at average price huge gap up, as you can see here right - and it's just i mean this - is as bullish as it gets the view up in case you're new. I always assume there's at least a few new people that are hopping into the chat is the volume average price? Is the average price that anybody who bought stock on the day paid you're trading over? It means that most people are green and this typically brings in more volume. I've said this before i'll say it again, any time of your green you're going to see more overall volume you can see. We have 73 million total volume, as it sits right now, which is actually higher than the previous two trading days.

You saw you've seen 53 million the day before 60 million the day before that so far, right, freaking 73 million, as it sits right now, you're always always always going to see more volume on green days than you are red days, especially with the fact that everybody Is holding the stock right? Nobody sells on the red days they just don't so it's as simple as freaking that that's kind of the update that i've got for you guys you guys are jacked in the chat, i'm absolutely loving, to see it hope everybody it's cooking with crisco, so welcome back Baby, i am glad to be here for my lunch break last thing, i'm going to say before i kind of chat with everybody is i'm going to be here. It's about 12 30 p.m, central standard time, so this will be about a 50-minute live stream, but i just want to you know: give you guys the opportunity to chat while i am on my lunch break here for work. So thanks for tuning in i appreciate you. Uh, you know giving me the time of day, and let's just you know, rock with: what's freaking cooking up on amc that sits right now and i got ta drop an error.
What am i doing? I haven't drawn up that arrow yet so this is what we need right boom. I figured out just recently that you can actually set a configuration on weeble, so it draws up an error for you, but hey you know what you know. We do it it's as simple as this. We are old school, freaking, home school style baby here here at uh, trace trades.

We freaking talk fast and don't skip class. It's as simple as that. So i appreciate everybody. You know stopping in means a lot to me.

You can't eat attendees with the apes for lunch, absolutely man, absolutely i'm gon na actually stop at the gas station and just get a freaking slider or something for lunch, but there's way more pressing matters as it sits right now. You guys can expect this. For me, this is something i'm gon na try and give you guys, since i am working a freaking eight to five job, as it sits right now right and i can't live stream the whole day with work. I i want to give you at least my lunch break, whether it's for 30 minutes 45, 60 minutes whatever it is on a day-to-day basis.

I just appreciate you know your time, so this is something i'm going to try and do for everybody. What do you think? The weeble mobile update, i don't think i've gotten it yet. I don't think i have gotten it yet, but i can uh download it real, quick and let you know what i think so just give me a sec. Let me type in weeble in my app store and i will uh download that sucker real quick here, but there's been some freaking decent.

I want to say there was some boom boom candles, but i mean this is a straight up: freaking nasty, continuous, solid, healthy growth. I mean that's as good as it gets. No huge risk followed by huge dips. I mean just solid.

Pushes that's as good as it gets. Man absolutely is app store, is being slow, the freaking internet out here man. I tell you what i tell you: what but i'll, let you guys know what i think of the update when i download it new update sucks seems like people don't like it, but all right. Try you lemon peppa, steppa, absolutely man.
I freaking love drake. That man has got uh, probably 1 000 hours of my life, absolutely sent me a message on twitter last friday check message from uh barbacoa. Thanks for all you do. Why barbacoa, let me uh.

Let me pull up twitter here, really quick and see if i can find it, why barbacoa so it is the lunch break lol as it sits right now, so i'm not expecting anything. Super duper crazy in terms of price action, but if we get any crazy pushes we'll uh we'll let you guys know and give you some good commentary. Uh, hey brother, appreciate all you've done for the community. I want to make you a new background for youtube.

That may help make your handles and info easier. Let me know what you think and i can adjust your fix for. You keep up the good work link to the background. Oh, this is actually pretty cool.

I dig that i freaking dig that that's sick. Look at this, what a nice dude, what an ape drop! Some freaking gorillas in the chat for uh, for why barbacoa? He just whipped me up a new background for obs that looks sick man. I dig that it makes it much easier to read for sure trades gorilla, gang.com, look at that and it's got the little disclaimer here. Oh that's gold.

I dig it brother. Thank you for that. Thank you. Thank you.

I am going to absolutely save that. In fact, let me just come over here to twitter really quick, so i can download that boom good to go appreciate that man, thank you so pumped for the lunch break. Absolutely man subway for lunch i'll get somewhere. When i get off work - and i apologize guys - i know you're gon na yell at me for drinking an energy drink, but i've only gotten about two hours of sleep, so uh yeah.

This is this is the things that you got to make deal with. It's what you just got ta make do so uh we're cooking either way. Did you see the apes metal tribute, search for andrew soto on twitter or youtube? No, copyright worries. It's an original.

I did see that thing man, oh, you have no idea, i'm the biggest metalhead of all freaking time. Man like check this out. If you're of mice and men fan i've got the ampersand which is their their band logo. Tattooed.

On my wrist it was uh the freaking tattoo artist was a ding dong and put it on upside down, but it still looks freaking jacked up man. I, like i love it. I love metal. In fact, i used to play in a band back in the day.

It was called dismantling the silence if you ever want to check it out. We've got like five songs on itunes back when i was like 16, but it was super dope man, absolutely absolutely trey's. Mustache needs an only fancy page. I know.

There's gon na be mixed opinions about the mustache guys, but uh i'll tell you what i think i'm gon na rock it for a while. I think i'm gon na rock it for a while. I uh i i think i grow a pretty decent stash. It's a it's a controversial topic.
I know i know do i just. Should i have a little bit of hair on my lip? Maybe maybe not, but i i'm gon na rock it anyways, i'm gon na rock it anyways, maybe it'll, be a freaking uh, a youtube handle or something who knows who knows. Oh man do not sell at 50, absolutely not man if you've got any sort of call options. I i picked up for june 18, some of the 13, the 15 and the 25 strikes, and my 13 ones are just starting to run in the money.

Just a little bit green as it sits right now and i'm very freaking happy about that steezy af, yes, 1450 is still the goal. That is the overall highest level of resistance, but first we got ta get that push over 14. You can see that this was the first little bit of resistance that we've seen on the day so uh. We need to get that brake over 14.

Then you're, looking at 14.50, simple as that rock that stash a moor, a muir, oh yeah, dude a mirror, slaps, they're, good they're, good. Absolutely what the heck is that donnie holy toledo love you trey! Let's get this hype trainer running for you, buddy uh! Ets! Kick the tires and lift the fires baby, what a dude, what a dude you didn't have to do that man. I appreciate that a lot seriously. I i mean it when i say you guys.

Don't have to send me super chats like i just i just like uh talking about the stock guys i mean i'm an extrovert as simple as it gets. I i just freaking love uh love chat with everybody and watching amc stock and getting excited about the boom boom candles. You know what it is and we've had a freaking beautiful day. I mean how could he not get excited man i'll? Tell you what it's as simple as this, you have to celebrate the little wins and endure the little losses.

It's as simple as that right we got ta pat ourselves on the back, because it's a freaking emotional journey in a war right. You have battles within the war, you celebrate the battles that you're winning. This is a battle that we're winning on the day, guys so pat yourselves on the back for putting up with the day-to-day bs all the red days, all the fun all the nonsense right, because ultimately, this sort of stuff is what makes it easier to go through By celebrating the little wins along the way - and today is 100 hyaku pasento a little win. So absolutely what it is.

Man absolutely 13 is not a little win yeah. You know, you know what i mean man, you know what i mean. It is what it is. It's really dark put a light.

Uh down here, trace short shorts, no i'm actually not wearing short shorts right now. I'm not gon na stand up because i'm still like kind of halfway in uh in my work, clothes - and you know i got to be careful about you - know what i do. But you know i do have short shorts on underneath my work, clothes. So there's that trey june 18th, five of the 40 in the money calls they're actually out the money right now mark but dots.
I think those 40 calls my opinion on them is their lottery ticket a decent odds? Lottery ticket like you've, got way better odds. You know betting on these 40 calls and you do play in roulette, in my opinion right, but it's still a lottery ticket. So what i would say is whatever you're willing to put into a powerball into like, if you're, to play blackjack if you're to play slots. Whatever you want to put into that is what i would say you want to put into those 40 calls, because you've got a little less than a month leeway for those to run in the money.

If those do run in the money, though guys you're going to be looking at the stupidest stupidest stupidest game of squeeze, that has ever happened in terms of what amc is rocking right. Now, your job is in your twitter bio. It is not. I've actually changed it.

I got i got talked to. I got to talk to you, but that's all right. That's all right! That is okay! Thank you mo. I appreciate that great advice appreciate that brother trader stash made my go nuts retract.

You guys crack me up. Oh man, i missed this. I love chat with you, guys absolutely move the arrow. Absolutely it's still respecting this ascending level of support, pretty dang.

Well, as it sits right now, you've got a little bit of a candle starting to test underneath this level of support, but ultimately, if it ends up being a wick like what you see right here, it's not the end of the world right, so i'm actually going To move this down a little bit just get all these wick touch points, and you still have a touch point right here. Still have some touch points right here. It's looking pretty solid. So what you're looking for is just the wick right.

You don't want a candle to. You know continue on that downtrend. So if we get a wick that, oh, you know only touches below that, i'm sitting absolutely fine on that. Otherwise, what can you expect right? What can we expect in terms of a pullback, i'm gon na drop a fibonacci retracement? We can get an idea of where this might bounce if it ends up breaking this ascending level of support, but so far it looks like that.

Wick is gon na come to fruition. I would anticipate you're gon na see it pull back to that 50 to 61.8 retracement zone right, so that would end up being somewhere in the neighborhood of 13 and 33 cents at about 13.45. If it was to break this ascending level, support just based on previous trends and the way that amc stock usually gets bounces on a large scale and small-scale macroscopic microscopic time frame. So if it breaks this, that's what i'm looking at is this uh this 13.35 to 1345 level of retracement? If not that view operator's level of support as well mustache trade goated.
Yes, sir, i think i'm gon na rock it man, i think i'm gon na rock. It, it seems, like you guys, are digging it. Thank you. Trey been waiting for you av.

I appreciate that brother. You know what it is i uh like i said i got ta go back to work. I am back to work in my uh, my full-time staff. Job for uh for work, but you know when i do have my lunch breaks and when i do have free time you guys are gon na get it.

So it's as simple as that i'm gon na make a morning video when i wake up in the morning. I'm gon na make an evening video before i go to bed and i'm gon na try and live stream for a half hour an hour depending on how much time i get for lunch in each individual day, so any time that i've got you've got it man. If you were to buy a call option for june 18th, what would it be? I currently own the 13, the 15 on the 25 dollar strikes and in in order of risk level. I have the least amount of money in the 25 strikes.

I think it's like 1500 bucks. I've got a moderate amount of money in the 15s and the most amount of money in the 13.. So i try to load the least risky call options towards more deep in the money or very close to being in the money right just because there is so much risk involved with options. You just don't know, what's going to come to fruition right, but that's those are the ones that i like.

If you want to play, the 40 strikes, like i said, feel free to do so. There is a crap ton of open interest. There's like 133 139 000. Now 139 000 total open interest at those 40 strikes, but just know that that's a lottery ticket right there's no way that you can guarantee that's going to happen by june 18th.

So if you're going to play that just make sure that you know it's only put into what you're willing to lose so uh, that's my advice. Remember when rich said the stock was worth one cent i remember. Reading that i was like i was like hold on a sec hold on a sec hold on a sec. Wait, wait, wait a minute rich, wait, a minute richie! Where is she richie? What are you talking about? What are you talking? What are you talking about richie? What do you mean? Richie richie, come on richie come on richie the lowest it's ever been was a buck 91.

It's when the shorts were manipulate. Manipulating the out of this thing. You want something gon na go to a penny. A penny and hedge funds have been maliciously naked, short selling and failing to deliver on call options stock for literally a year and a half richie, this ain't going to a penny, you're full of a bunch of silly chicken crap that just doesn't make sense.

It makes no sense, oh man, i laughed so hard when i saw that, but we're chilling either way guys we are chilling. It's all good. It's all love! I i say this all the time and i really do mean it. We do we and they do they right those uh, those bunch of silly chickens who don't believe in amc stock.
They can keep spreading their nonsense and we're just gon na keep doing us. Man keep your nose to the grinder, don't forget the end goal. The end goal isn't to uh isn't to to oust the people who don't believe in us. It's just it's.

Just a freaking make money. It's uh it's to get the end game, which is significant, make amc squeeze it to expose the short you know, the shorters and the hedge funds, who maliciously been attacking the stocks. So that's as simple as it is my friends. Absolutely absolutely.

You should try ethiopian food uh someday. I think you would love it. Dude i've actually had ethiopian food. My first year at st john's university, my roommate was from ethiopia and we had a couple of meals and it was.

It was solid. I i like a lot of different stuff. I love japanese food, that's my go-to man, absolutely richie's a goofy, goober yeah. You know what it is.

Richie equals greg. I know that's a matt cooper's reference. I know that's a matter of reference. We call them cobas.

We call them kobas here, but it's the same thing one in the same, it is two sides of the same coin. Shout out colorado, keep inspiring brother dude. I love colorado, i've hiked up pike's peak, i think three times i've gone up and down pike's peak three times and every time i go up, i make sure that when i get to the top i shock on a coors light and i walk back down simple. As that, not an egg cat never was proposed squeeze if apes don't feel comfortable managing their own portfolios, they think platforms like wealth.

Simple are: okay, thanks man, i love your content, absolutely shane. Absolutely absolutely absolutely the biggest and most important thing is whatever your time. Commitment level is you just need to be able to manage your wealth in that time, commitment level right. So if you want to manage your portfolio full-time, it's absolutely okay to do that, but you have to be willing to manage it full-time so that you're not risking the gains you had.

You want to secure your profits, secure the bag worst case scenario to me. Is this right. You make your money on amc. This thing freaking squeezes you, you got crap ton of money right and then you you end up looking for that next lottery ticket and this is like a very, very, very, very, very rare occasion, a very rare opportunity right it it.

What i would recommend, if you don't have a lot of time, is put it into a freaking uh, an etf put it into you know a wealth, simple whatever. Whatever you want to do to manage that wealth just make sure you're, locking it in real estate. You can you can do anything, you want bonds, i mean i personally, i'm not going to do bonds, because i don't really i'm not a big fan of the american dollar. I think it's not going to appreciate value any day soon, but you get the point right.

I just want you to secure your profits and whatever that means for your time, commitment level, that's what that's what i want is. This is the best thing for everybody. So simple, as that, you got ta pop on and let us know when to sell during the squeeze, even if you're working i'll try my best man i'll try my best thank you mo. I did a lot of new dd, but your email isn't on your youtube.
So can't send it to you: don't have social media or discord didn't like last one, but it played out to a t so don't want to post on it uh essential, hard worker. My email is actually in my about section it's just my business email. So if you, if you want to send me an email, i'll check it out, i appreciate that i mean send you a twitter message. Uh tears s no need to read out loud thanks for not bringing the price down during the stream dude.

This is a this. Is a rare thing: this is a weird thing. I feel like every time. I'm streaming, there's just nothing happening on emc stock or it's just going down, which is a nice change of pace, i'm very happy to see that we're continuing to rock.

Thank you prater. Let me uh just take a quick, picky wiki thanks again for last night, the beard call out to get a chance to pick your brain last night. I'm wanting to start up tips if you're willing, again real dude, yeah man, absolutely brother. We can connect sometime about youtube if you wan na chat too freaking easy here.

We go all right. So as it looks right now, it looks like we did end up breaking this descending level of support and it looks like it might end up testing this fibonacci retracement zone, which is at 50 to 61.8 percent retracement level. And if we ended up breaking down below that, you still do have that view off the volumetric average price. So we just got ta, wait and see what happens chris laffy shout out to you brother absolutely, but this is a i'd say: a pretty safe zone where you can expect some sort of bounce and it's not a definitive level.

We don't have a respected level of support per se in this exact zone, but it's this is a fibonacci retracement zone to give us an idea of what we may be able to expect just based on you know, previous trends that we've seen in amc stock is That a government issued mustache, absolutely man, absolutely absolutely. The lamp needs to go back with you to nc trace porstash. Yes, that did not take long at all. Oh man! I love that.

I love that dude, so you know no comment, but i am going to have a lamp that is just like this in north carolina. That's about as much as i'm going to say: i'm not going to say how it's going to happen, but you know something will happen. We'll get it done. Does view off stand for very whop, oh yeah.

Obviously i thought that was. I thought that was obvious. I thought that was obvious. Absolutely absolutely discord fan art.

Is there something in there? Oh that's solid dude. I dig it. I like that time for a beer trap, gucci, good, dude, that's so solid. I freaking love that that's sick.
That is absolutely dope. I'm gon na tweet that out right now time for a bear trap. We might actually be getting one set up here right now, so a beer trap in case you're not familiar when you have one wick that establishes a level of resistance, followed by a second wick that barely breaks beneath that level of resistance, but doesn't quite get a Candle to close beneath it right, it's just the wick that touches below. So this could be us a weak bear trap, but on the one minute i would not be surprised if you end up seeing some sort of reversal in terms of way.

This is set up. That's a pretty clean setup that might not be bad. I mean it could end up coming back down and retesting. Essentially this fibonacci retracement zone - i wouldn't quite call it a clean break away, you're looking for at least five to ten minutes of trend, continuation or consolidation for me to say that you are um out of this sort of little small sell-off that we've seen over the Last couple of minutes, but overall man i mean this is as freaking good as it gets.

I mean up. Freaking 11 on the day. Is some solid, solid, solid stuff, so i'm actually gon na drop a level right here. This is gon na, be an overall level of resistance, and it's super easy to draw this up guys, i'm telling you even a caveman can do it.

I look like a caveman i'll. Tell you what i can figure this stuff out, so you can do it too. All you're doing is connecting dots right simple, as that you look for at least three dots to connect and you've got them one. Two three four different touch points right here, which means this is a descending level of resistance that is respected by the overall price action.

So i would not be surprised if you get a clean break or this decent level resistance, you're. Looking for a follow through on volume. Typically, a good breakthrough will come with a fall through on volume, that's higher in volume than you've. Seen in the previous couple of minutes right, so it's something like this: 500 000 total volume, a million total volume, whatever then ends up being right.

That's what you're looking for in terms of a clean breakout right. So you have one right here. This was a test. Essentially of 13 or so, and i got a clean break over the 13 dollar market to fall through in volume, that's to me indicates that you've got a nice clean break over that level of resistance, so you're looking for a follow-through in terms of volume to get Back over this decent level of resistance, that'll get us back to where we want to go so watch for that no shave until squeeze no shave uh squeeze member absolutely baby.

Should i keep the stash until amc is done stash until amc squeezes? That could be the move. Man that could absolutely be it. Cory's head forward still hit me up. Trey, hey man! Well, if you uh, if you want to get a hold of me, shout out shoot a message over the discord, but i am thinking about doing some sort of meet and greet like we did in north carolina except here in oklahoma.
Is that a pencil didn't stash? No, it's legit man, i i had a beard yesterday. I don't know if you guys watched my video, but all i had is. I didn't shave for the two weeks that i was in north carolina and i just trimmed it all off so that i just had the mustache. It is not the move.

Oh silent storm, oh no! The controversy continues. It continues on. That's all right. Mustache isn't gon na be permanent i'll.

Tell you what, though, when all said and done, and i i'm able to do you know stocks on youtube full-time. I am going to absolutely grow a freaking beard without a doubt. This lamp, oh, i already read that trey as a suggestion. Please ask everyone to record their excitement like their favorite team, just won the championship, no life.

That is a freaking great great great uh. Great point. I think that's a good idea so when amc squeezes guys, if you want to record that moment, even if you're not going to share it, but just to remember how you felt, i mean that's the sort of stuff that you really just can't. You can't make up you can't you can't recreate those moments.

So if you want to record yourself when this is squeezing or like even just the beginning of the squeezer, some really cool moment right, you're, never going to forget that stuff, like sometimes i go back in my past - live stream. Just to remember just to remember. What's happening like the progress we've made in the moments we've had and the and the good memories that we've we've made so um, i i think it's a a really good idea. Absolutely man ar 670-1 - oh no come on man come on, i'm not going to get a profile for shaving, hey trey, it might seem wild, but i've been listening to the legacy of goku to ost.

To give me supportive vibes, when i'm feeling bummed do you have a go-to soundtrack when you're in the pisser i do man, i like the attack on titan soundtrack, so i'll go on youtube and i'll search up attack on titan playlist, and i just listened to the Soundtrack of all the seasons of attack on titan for anyone - that's read the manga, don't spoil it for me. Don't spoil it for me because i i i'm only i've only watched up the season. Four and i've heard that, like the manga, has gotten crazy, so uh. Please please please, please, please, please respect the uh, the anime watchers and keep that to yourself, but um yeah man, that's that's my go-to.

It's not weird at all. It's it's definitely not weird. I totally totally feel that there's some really solid soundtracks. You guys.

Let me know in the chat bar like what do you guys like to listen to when you're in the pisser man well not like on the pistor, but in the like in in the pisser. You know what it is: hey trey. Can you give a shout out to my wife's boyfriend? Is this b today citadel anything for you, man? You know i, i totally understand you guys are absolutely underneath a fire hose right now. The the fire hydrant is just absolutely crushing you and pinning it to the wall.
So shout out to your wife's boyfriend's birthday today it is what it is: you're, cooking, frank sinatra: yeah man, the the joker joker man. What are your thoughts on spce? It's got some short squeeze potential and i know that sounds wild, but i think they had a successful launch just recently and even still through that successful launch they're having some pretty rocky moves today i mean that should have been a nice, a light lights out. Sort of move - i mean you got a nice gap up but huge, i think, shorting that's been taking place here. They're really really really really trying to hold this down.

So i i think that the stock honestly has been pretty heavily short. It's 30 short interest. According to or text as it sits right now - or at least it was this morning when i looked for the discord um, so i'm just going to check again here really quick, spce, 91 utilization and it's currently got 31 short interest and it's actually up in short Interest today i mean look at this absurd shorting. This looks like an opportunity where shorts can get caught pissing on the electric fence, man and it's gon na get turned on they're gon na get zapped hard.

I mean that is just not because i think spce is a pretty good stock. I like virgin galactic holdings. I do not think this is a good short, not the least bit, so it's got potential and if you look at the overall floats uh free photos, 169 million shares, so i mean it could definitely squeeze it. Could it definitely could i mean look at some previous levels? It's been a lot higher, it's been in the 60s and i think i go higher than that for sure.

How can my company sponsor a video or at least send you a kick-ass care package jor? If you want to send an email to my uh to my business email that is currently in the about section of my youtube channel, we can have a conversation there um, but i just want to know what your company is about. Man, absolutely if that's where you want to send it, i'm digging that reno 911 stash, hey man, i'm going to keep rocking it. I am squeeze timber squeeze timber um. How is he gon na help by you uh, i'm not confused by what that is.

I don't know all right trey, oh no, this one lmao with the stash and glasses. You look like that secret squirrel guy from sicario. Maybe i should just take the glasses off then huh. Is that a better answer? Should i just leave him off? Oh man, you guys always yell at me, but i don't wear them, so i guess i'll keep them on shout out to ethan for giving me these man if you're watching right now.

I appreciate these. These actually help a lot. They help a lot pnis coin. Oh obviously, obviously, hey trick, can you come to dallas cowboys nation? I've been out to lubbock a couple times pearson.
If you're watching right now send me a text saying that you're watching right now, because peterson is my freaking man, he lives out in the lubbock area and i love chatting with him absolutely do i am drinking an energy energy drink. None! I apologize. I got like two hours of sleep. I got like two hours of sleep, so i i need something to keep me rocking lamp off lamp on bear trap.

Let's see what ends up happening, we're waiting on it. Facebook and reddit closing down groups review dork made a site like them for all apes apecrains.com. Maybe i should just make a video about that. Honestly.

I've seen it. I've checked out the site, but it's definitely a good idea to have somewhere to go, because facebook did shut down a lot of pages on gamestop before you know the squeeze happens, so i wouldn't be surprised if that's what's happening. Absolutely hey john. I appreciate you man, thanks for stopping snooker, snickeroo, here's a pickle back free trade, hey that was good.

I was actually i was surprised. I didn't think they were gon na, be that that decent, but it wasn't bad all right, so this might actually end up being a bear trap. This was a weaker one, because the wick just kind of touched that level of resistance, but here you've got a definitive wick. That's dropped below two previous wicks, so this might end up having a little bit of a reversal, but ultimately you're still looking for a break over this descending level of resistance.

That's going to be the the big marker to watch for and uh. You know we're currently staying at 13 and 34 cents up 10 on the day, like i mentioned before in case you're, just tuning into the live stream. All that i wanted was a clean breaker for 1280, followed by consolidation at 13 range. If we consolidate in here means you bounce back and forth in this 13 range for uh one two three days like we did right here and then get it rip and recess of 1450.

That's as good as it gets. That's that's simply as good as if we can get so don't be surprised if we trade sideways here we might end up getting a clean break. We don't know for sure, but you know don't don't be surprised. That's all.

I have to say it's a trend. That seems to continue on and on and on and on and on just as the four test rule right. If you test the level of resistance four times, typically, you get the clean break on the fourth. Try one, two: three: that's how we predicted it today right.

We predicted that we'd get a clean breaker at 1280, just based on that four test rule that has proven itself over and over and over and over and over and over, on amc stock. Maybe i just need to log off every time every time i'm streaming man every time, i'm streaming, you know what this has got to be a tweet. This has got to be a tweet. This is a tweet, i'm telling you i'm telling you every time, i'm streaming! This thing amc goes red.
Maybe i just need to log off. Oh man, solid freaking day up 10 looking for consolidation in this 13 range for a bit to ultimately test 14 bucks and then 14.50 likely same day tests. This is live right now, you're, absolutely right! You got it brother back in the fight baby. You know what it is louie bill and he's watching.

Trey's stream like okay, go time get distorted. I know it man, i know it it'll run. If i don't watch it, i know it you're. Absolutely right guys.

My story, my parents, migrated and sacrificed everything for my future. I could never pay them back for what they lost for me, life changing goals at 23 to give them back comfortable senior years. Let's go rambar, that's what it's all about man. You know the coolest thing about the meet and greet out in north carolina was hearing everybody's freaking story hearing why people are holding ac stock, all the good they wanted to do in the world, all the things that they wanted to freaking change.

All you know their families wanted to help. The morgan doesn't want to pay the the student loans whatever it was right, it's so cool to hear those stories and ultimately, i think that's what like the humanity in this is. What really brings people together, regardless of where you are on the planet? You know your your race, your sex, your gender, your your freaking political agenda, all that sort of stuff. Nobody cares because you're an ape simply by buying and holding amc stock and being part of the community and not being a coba right and that's that's the coolest part.

It really is. It really is it's as simple as that ever consider showing fan submissions wearing merch and funny memes. Once a week in one of your videos cheers tray afc jimmy to infinity and beyond. I could definitely do that.

Would you guys want to see something like that? Wearing me wearing merch and funny memes once a week in one of my videos. Definitely we could do like a sunday thing where, like on sundays, we we show some uh some merch, you guys made or memes you guys made. I can definitely do that. 100.

Jackman. Bitcoin going up is she: is she rocking right now, btc, let's check it out, bitcoin is having a decent little bounce, especially considering that huge freaking sell-off that we saw over the weekend. That's a nice inverse head and shoulders pattern head shoulder shoulder, and ultimately this is the big neckline about 38 000. So you want a clean break over 38 000 on bitcoin and a break over this descending level of resistance.

You got a false breakout right here, but it didn't hold right so you're, looking for a clean break and trend continuation or consolidation of that decent level resistance and that's going to be ultimately what gets bitcoin out of that slump. We're in, but i don't think bitcoin's not correcting yet i got to be honest. I think kryptos are going to have one more little dump, i'm just being real. I think that bitcoin is going to end up under 30k when all said and done at least for a momentary amount of time.
I could be wrong. I could be wrong, but just based on all the freaking over leveraging that's taking place in the stock market. A lot of the uncertainty that's going on with cryptocurrency and with with the us economy, i would not be surprised in the least bit if bitcoin and or ethereum and or the crypto market have one more dump in the next couple weeks, they're ready for it. If you like, if you like, buying dips, that's an opportunity to watch for, but take advantage of these days today, if you're buying dips on crypto and making money and just rinsing repeating freaking pat on the back man.

That's the way to do it absolutely is absolutely absolutely bitcoin is 29 at one point, was it? Let me check i i'll take your word for it, like, i believe you yeah, 29, 000 for a very, very, very, very brief moment in time, but i wouldn't be surprised if it cracks 30 again, i wouldn't be surprised because it isn't a very large scale. Downtrend right now i mean ultimately, you got to break out of this huge, huge, huge, huge, huge, huge downtrend huge. I mean. That's, that's a pretty rough retracement.

That's not that's, not super smooth, but it could get it we'll see. We'll see amc as it's sitting right now, sitting about 13.37 cents and it's holding on this fibonacci retracement zone pretty dang. Well, i mean that's almost picture perfect. We drew this up uh right around here when that ascending level of support was starting to get cracked and it's holding that very, very decently.

Although we're waiting for is that bounce off of that bottom, that 61.8 retracement zone on the fibonacci. So if it gets a bounce there, i'm not too mad that'd be pretty solid. I'm up on my sheep sheep. Absolutely man need to get a bulk order of depends for citadel hq dad.

Thank you for that pops. I appreciate that uh they could just rob. Thank you for wearing your glasses along. This is over.

You should drop in houston for a weekend. I'd be down man. Maybe when this is all said and done i'll just go on a little trip cross country trip to go and uh. You know visit some people.

Don't shave anything until amc goes: uh squeegee i'll have to shave, but i can keep the stash. I can keep the stash absolutely. I can't do a fumanchu, i can grow one, but i can't grow one. You know what i mean go to the bathroom.

Let's test this theory: should we do it real quick? Should i go take a quick uh leaky, wiki, quick leaky wiki. I can do that real fast. Give me one sec i'll, be back in like 30 seconds, we'll give her uh we'll give her a quick little freaking run, won't take too long all right. Well, i didn't do anything.
The lamp lamp really did. Try. I mean you did good lamp. You did good.

It's holding it's holding okay, lamp off lamp on, hopefully a little bit of a bear trap we'll see. But if it ends up breaking this fibonacci retracement zone, you still got the v-wop. That's the level of support that we're watching for if it breaks that up 10.39 on the day right now level two is a pretty barren. I haven't touched on these yet, but the ask is pretty freaking naked there's, not a lot happening here i mean there's, there's some.

I mean a couple thousand per penny spread, but in the grand scheme of the volume today i mean that's really not a lot bigger arrow. Oh, we can do that bigger arrow for sure. Absolutely absolutely give me one sec. This is this is what i do guys.

This is what i do i live streaming. I draw arrows. It's simple technical analysis, it's it's as simple as that right. It takes a long time to learn a long time to master, but one of these days, one of these days, do i work in afc.

Now, no, i do not definitely not that'd be cool, though uh hope the movie's going well buddy thanks for the energy on this monday, i'm actually all uh, pretty much moved into my my house in north carolina. I got all the furniture, all the appliances that i need now. Everything else is just like small stuff. It's projects, like i kind of want to rebuild the deck.

That's going to be a project. I uh. What else i want to? I want to put in a door in my office because there's a trim that is just like an open through walkway, so i want to take that trim out and rebuild an actual door, so it you know contains some of that echo there's just some small things. Some small projects, but you should have shaved the stash when it's time to sell as an indication.

Oh yeah, we can do that like a hint for the people who the og's watching every day, i confirm with schwab that when a stock rises above 99.99 a share, you have to make a phone call to sell. Only. Is it too late to move to fidelity? I don't think so. I think a a true you know transition and a true transfer takes about.

You know three to five days just based on testimonials, so i think uh you'd be okay. I think the squeeze will last longer than five days. I think it'll take five days to a couple of weeks. Your channel saved me.

I pulled out a crypto right before the selloff and i put an amc at 10 bucks hey there. We go baby, i'm here, for you guys, i'm here, for you guys absolutely macd crossing signal. I typically don't use the macd man. I got to be honest with you.

I keep it really simple bare bones, i mean, maybe that's something i should do, but i've had a lot of success. I mean i can't complain with you know the strategy that i have in terms of just watching trends, candlestick patterns and these two indicators right here, along with the rsi 15ma 200dma rsi, and i sometimes look at the obv just to see how the overall inflow and You know how many people are holding on any given day in any given stock, any given security, but that typically treats me pretty well, but a macd crossover is typically a bullish sign for sure man, hey trey. I made a meme song for you. I sent it to your email last friday.
Little boxes, i'm gon na, have to check that out. Man for this live stream. We got about 12 minutes left before i got to go back to work but uh. You know, for i will check that out.

Man absolutely absolutely absolutely absolutely crypto's a long-term strategy, not a dip and flip you're right man, but you can take opportunities and take profits along the way when you have explosive explosive growth like if bitcoin is averaging up six ten five to ten percent a day right. That's obviously not sustainable. You can take profits for a long term strategy in the short term and then reinvest it when those pullbacks happen. That's the way you can do it.

You don't have to plot your whole position, but maybe 10 20 30. Whatever you want to do just to lock in some of those profits and get back in cheaper, so you can rinse and repeat on those swings right. That's just the way that you can rock rock rock crypto out the same way that you can rock out anything. You know, that's just me, that's just what i would do, but i love it.

People say i'm muted. It always cracks me up because i know i do that a lot, but not this time, baby. Not this time. My mic is not a dead cat baby, not a dead cat.

We talk fast and never skip class. You know what it is. Absolutely is people the best to be with for the squeeze. I think weeble's a solid one.

I like weeble. Obviously i i'm a little bit biased because i use it on a regular basis. If you want to check out weeble, i have a link. It's mostly gon na, say about that.

You get two free stocks under deposit whatever. If you use it, i don't really care. It's up to you, but i also like sofi i like muumuu. I think fidelity is okay.

I prefer sofi and moomoo, probably over the rest. So far it's really solid. I like so far a lot. It's probably number two for me, hello from england, welcome stephanie! It's good to have you here.

I appreciate that guys, if we're not gon na, do any a favor. This is my lunch break. All i'm asking for you don't have to subscribe to me. I don't give a single freaking if you subscribe to me.

All i want is a like just drop a like on the video. It helps youtube already blah blah blah hold those spiel and uh get some more apes rock with the community right, whether you're rocking with me matt coors, review dork, the mass investor jackson hunter uh, freaking, jeff, forbes, whoever it is just have a place to call home. That's all that i ask for right and look at this freaking picture perfect bounce in the fibonacci retracement zone, getting a big fat. You know what it is.
George w ah come on. Let's get that bounce out of this fibonacci retracement zone coming up to test this 1345 level of uh, you know the fibonacci that 50 line, which is looking pretty solid man, absolutely absolutely absolutely is looking ultimately to get that break over this descending level of resistance. So we're just waiting to see what ends up happening here, but this is definitely possible. It really is it really truly? Is we'll wait and see nice bounce? You know what it is.

You know what it is absolutely what up little bro trade. Can you explain what big money really is? We can make millions, but kenny g handles billions. I wonder if people can compute, so this is the problem right. I think this is, you know, being a little bit, there's there's some some questions and a little lack of understanding, what's actually happening here with the hedge fund.

So true right, hedge funds are playing with billions of dollars and what we have reported here, according to ortex and different data sources, is an estimated reported right, reported short interest, and we know just based on finra reports like just google, if you want, if you want To be freaking, mind blown google, the april finra reports right just watch and read all those freaking stupid finds that are popping up on the fender reports, but we know that currently there's about 76.8 million. Total short interest shares right, so the amount of liquidity for that is, you know i think, somewhere in the realm of a billion dollars. I can't tell you the exact math, because i'm not a genius. I have to pull up my calculator, but on top of that, you got favorites or deliveries which are coming from market makers.

They'll have to buy backwards, that's liquidity and you've got naked shorts that are likely coming from market makers and hedge funds as well right. So the amount of equity they're playing with true i mean it's gon na - be tough to compete with that. But ultimately, this is what it is. Greed will kill the fraudulents and malpractice and corruption it's as simple as that, if you want any sort of example, look back in 2008, i bet you every single penny, every single dollar that i have as an individual person that they thought they could get away with That forever and they kept pushing the line they kept pushing the line, pushing the line, pushing the line further and further and further and further and further away from what is expected out of moral reality right and they just kept getting worse and worse and worse and Worse until eventually the sec, its lawyers, protecting lawyers is how i like to describe it.

They couldn't look away anymore right. They had to con. They had to do something it's as simple as that it had actual danger to the us economy and it ended up doing something bad in the u.s economy, and this is a very similar situation. That's happening with amc, stock, gamestop and all the over leveraging and naked shoring that takes place in the stock market right now, it's as simple as that right they're, over leveraged they're they're, trying to bankrupt companies, steal from retail investors and eventually they're going to push the.
.

By Trey

25 thoughts on “Amc live – boom boom candles! – treyders podcast 70”
  1. Avataaar/Circle Created with python_avatars Matt says:

    So what is actually realistic??? What's the math on 100k… is it feasible?

  2. Avataaar/Circle Created with python_avatars Jim Blomqvist says:

    Not to offend you Trey. In the first videos you did back in January I couldn't stand this energy you have. NOW on the other hand im fuckin' addicted to it! I LOVE IT! 😀 Keep on doin' what you do! I love you my fellow ape!

  3. Avataaar/Circle Created with python_avatars Carl Bennett says:

    Can’t wait to hit the moon been here since the beginning, all my extra tax money will be given to charity to get around paying capitals gains taxes.

  4. Avataaar/Circle Created with python_avatars Aaron Lopez says:

    Thanks Trey for sacrificing your lunch time for us! Love you man!

  5. Avataaar/Circle Created with python_avatars FlamingSC says:

    Trey, you need to give your call option room to breath. Grab the further out expiration date. It would be worth the premium and it will give you more security.

  6. Avataaar/Circle Created with python_avatars Jason McDonald says:

    I seriously love your channel man. I look forward to it daily! I feel like we are friends lol

  7. Avataaar/Circle Created with python_avatars Brian M says:

    "Talk Fast and don't skip CLASS!!!!"…LOL

  8. Avataaar/Circle Created with python_avatars Steven Quijano says:

    Rock the stache! Do you man you’re awesome no matter what.

  9. Avataaar/Circle Created with python_avatars Michael Cohill says:

    I literally checked multiple times today for this and didn’t see it at all

  10. Avataaar/Circle Created with python_avatars Rs2Ridiculous says:

    knowledge, energy, and passion is gonna make Trey go far forreal… such an awesome dude. Keep it up man

  11. Avataaar/Circle Created with python_avatars Not Michael Blackson says:

    Y’all better get ready for this ride . Think it’s gonna be easy ? Get ready to ride tf out on this one . There’s so many of us , we just need to hold tight . We all want better for our families , we may never have this chance again !!!!! 🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍

  12. Avataaar/Circle Created with python_avatars Kristi C says:

    yo….just watched that Ape hype video…and bro I just like almost shed a tear…thanked God for a moment..and realized I may not have to do my back breaking job for much longer. I hope we all get rich and keep our wealth for generations

  13. Avataaar/Circle Created with python_avatars J Dub says:

    Pretty interesting . . . according to Webull, "• Regarding AMC (NYSE:AMC), we observe a call option sweep with neutral sentiment. It expires in 25 day(s) on June 18, 2021. Parties traded 318 contract(s) at a $19.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $101.0 per contract. There were 1953 open contracts at this strike prior to today, and today 5178 contract(s) were bought and sold". Somebody is LOADING UP!!!!!!!!!!!!!!!!!

  14. Avataaar/Circle Created with python_avatars Rick Locs says:

    I don't understand how you can still use charts when this is being heavily manipulated, its not like its acting and price action, we see what the hedgies want us to see. They know what we want to see so they will use it against us to get a reaction from us. Wedges, Flags don't mean anything for this stock. Just buy, hold and be patient. Remember anyone can be bought out to ease the payout so be careful. Much respect to all the youtuber for there hard work on DD but at this point I wont be trusting anyone, AA will be looking out for himself and so would you if someone offered you millions if it means saving Billions, think about it.

  15. Avataaar/Circle Created with python_avatars Hola! Joe Ben says:

    Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

  16. Avataaar/Circle Created with python_avatars Brad Beezley says:

    imagine being the guy in the room next to trey hahaha!

  17. Avataaar/Circle Created with python_avatars Louis says:

    Let's hope for another green day tomorrow baby!

  18. Avataaar/Circle Created with python_avatars phillip lehaase says:

    What website are you using to find all this information

  19. Avataaar/Circle Created with python_avatars Glitch Rekal says:

    Thanks for Ban & DeModing – Appreciate you Trey. Praying nothing but the best for you. Thumbs up Anyway

  20. Avataaar/Circle Created with python_avatars nunny says:

    Thanks for all the info you provide ,love it ,!got what I can afford in amc at mo .only 31 shares but will be holding and in for long haul ,I know it’s small but I hope it helps and counts for everyone and aids them gaining too ,all the best to all amc apes

  21. Avataaar/Circle Created with python_avatars WhimsicalFolly4 says:

    Keep up the awesome work Trey you're rockin it and as far as the stash goes you do you

  22. Avataaar/Circle Created with python_avatars James F. Lategano Jr. says:

    Trey… It takes a long time, to learn how to move quickly on a trading app. And now we gotta learn, all over again. Can we chose to go back to the previous edition??? And if not, they Why Not??? I am blind in my left eye, and only have partial vision in my right eye. I trade while using a magnifying glass. I feel upset about being forced to work with an update
    that I did not ask for!!! Please ask Webull to give us a chance, to test an update; and then let us choose.

  23. Avataaar/Circle Created with python_avatars Jamie Keedy says:

    Oh wow! So much respect that you’re committed to us even on your lunch breaks! Thanks Trey! Your energy makes my day! 😃 🍿🚀🚀🚀🚀🚀

  24. Avataaar/Circle Created with python_avatars VanLove14 says:

    to those commenting the floor being 100k, it's been 500k for a while now.

  25. Avataaar/Circle Created with python_avatars Shane Duckworth says:

    I love this guy, he reminds me of my oldest Son. He's the best

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