What's up, what's up, what's up youtube, how are we doing it? Is your boy trey from trace trades coming back again for another freaking traders, podcast episode 68.. We are one away from freaking episode. 69 been doing this for a good little minute, and i appreciate the patience of everybody who was uh waiting for me to come back to the stream. I apologize.

If it took me some time we had to get the freaking fridge and the washer and dryer installed. If i could bring my webcam out to show you guys, i would do it because i'm excited i'm so excited to have a new uh new fridge, that's actually keeping stuff cold and a washer dryer, that's actually working so everybody that was that was patient. I appreciate it. I was five minutes late, but i did get out that message.

Just saying: hey, i'm probably gon na be a little bit late to this stream, so appreciate the patience of everybody hope everyone's cooking with crisco. We've got amc down on the day, as it sits right now about 2.75 percent and the volume is pretty significantly lower than we've seen the previous couple days. It is at 17 million, as it sits right now, and i put on a video explaining kind of the psychology behind this and i kind of want to walk you through in case you're curious as to why the volume is lower today, and it's too easy, you Can read a lot about what's happening with uh? You know with any given stock at the overall volume, the overall price action just based on what the charts are telling you. What this tells me is this right: every single time we have a red day check this out.

So far, we've had two. This would be the second red, dana roof. It came to fruition. We could see a bounce, it's very, very possible, we're down only two and a half percent right now, which is very easy to overcome, but any temperature right today the volume is lower, which decreases that volatility right, because volume drives volatility and volatility is going to drive.

Those higher or lower price valuations right so with the decrease in volatility. What this tells us that decrease in volume is coming, because on red days, we've got short selling which drives the price down right, but on a typical red day, you'll also see people that will sell the fear now. What this tells me right now is that, even on red days, when they are going down, apes continue to hold the stock, and that is because it is much much much easier to sell fear than it is to sell greed or to buy greed right. But people love buying on green days, i love buying when it's freaking ripping, which is why you see huge spikes in volume like you saw right here, 294 million in total volume - and you see this huge wide range green candle bar - that's not by accident right.

That is a purposeful uh decision that is made by buyers who want to buy a pivotal moments of amc stock. Now the fact that it's lower in volume today and you've got a red day in the making, as it sits right now, tells me that it's short selling and the majority of people are holding through that short selling, which is something i actually don't mind seeing. I don't mind seeing that there are red on red days that you have low volume, because it does decrease that volatility and you're, not as likely going to see those those huge downswings and honestly. What you should watch for is if there are huge red days and you get a downswing and overall volume, like maybe like what you saw right here right, that's typically, an indicator that, i would say most of the time comes to fruition, where you're likely going to See a pretty hard sell-off right, so i don't mind seeing low volume on the day.

That's kind of what you see rocking right now with amc. The volume is lower on this red day, but to get back into some nice bullish action, you are going to want to see that volume go up. We are turning over the v-wap, the volume average price, as it sits right now. If you don't know what the v-wop is, this is just the average price that any person that has bought on the date paid for their individual stock.

So that's a that's a good sign that we see as it sits right now, and we're also continuing to respect this overall fibonacci retracement zone that we had mentioned here in the past the past couple of days. In fact, it bounced off almost picture perfect. The psychological level of support sitting at about 12, which i'm pretty happy about, i don't mind seeing that. That's actually a really really solid level of support that we're looking to hold.

It did break beneath this 29, where we have four different touch points in the last three or four months or so, but we're really hoping for that hold over 12 bucks and we've got the beginning of the hammer candle, the shooting star, which could be a 7 Upcoming bullish reversal, we'll just have to wait and see lamp off lamp on this could do do a little bit of a freaking bear trap action, but we're just gon na wait and see what today holds right. I would not be surprised if you see a little bit of consolidation a little bit of a flat day on amc, but we got to keep the microscopic grand scheme picture in terms of what you got cooking up with uh with overall price action. So that's kind of what we got rocking right now the volume is a little bit lower. As you guys can see, we have a little bit of a pendant formation, starting to form up i'm going to leave this box just so that it's a little bit easier to read.

You guys get the picture, though, that is the fibonacci retracement zone that i thought we would see this bounce uh off of and we're just waiting to see if that's going to end up coming to fruition. So as it sits right now, you do have a little bit of a penitent formation. You have a uh, a leveled off level of support right here at about 12 and 23 cents and a descending level of resistance. So we actually might see the beginning of this right now, but you're looking for a clean break of this decent level resistance, you got a wide range boom boom candle right here.

That's already got a little bit of a break over that so you're. Looking for five minutes to be the trend, continuation or consolidation to signify that we're out of this descending level resistance, this uh trading sideways channel to get a little bit of upward momentum. So we're gon na see what ends up coming to fruition here. But that's actually not looking too bad, i'm not minding that in the least bit.

As far as that goes, i just want to pull up the overall or text data and show you guys what we got cooking up here. So let me just pull this up and show you guys exactly what i'm talking about so the utilization i put out a video this morning, but in case you didn't catch it. I had mentioned something about uh t plus two right, and this is entirely on me. I take 100 fault for misinterpreting the information i interpreted the t plus two, as affecting all the data that we see up here on the top of the screen.

The truth is that the t plus suit only is is relevant in terms of when the shares that were on loan get returned to the lender. There's a t plus two lag time where the lenders will get those return shares. So this information that is updated on a daily basis is actually what you're looking at on a daily basis and the intraday changes are actually what you're looking at on an intraday basis. However, that does not clear up and clarify to me what is actually happening in terms of the short interest change, because this is what what is confusing to me.

I made a video this morning if you weren't able to check it out. Just give me a quick recap: um, the short interest has been going down here according to ortex, but there's two things that i kind of want to point out right. First off. We know that there is a history of hedge funds, um, not reporting short interest in a true, meaningful, uh way there.

There is malpractice and corruption that does take place in terms of reporting, and we saw that happen a couple of days ago when the utilization for amc stock was at like 28 or something you had. A significant drop and ortex ended up coming out and saying: hey. We apologize for that misrepresentation of data. This was because the people who were supposed to report short interest from certain exchanges did not report their numbers and that to me is a little bit fishy right.

I don't know if that sits very well with me. So what is weird is that, according to ortex, according to the the information, that's being related to these guys, the short interest is going down, but it doesn't reflect on the overall price action and it doesn't make sense because it's as simple as this short interest goes Down that means that that sellers, the shorters have covered. They bought the stock back, which is supposed to shoot the stock price up right and i've seen this like you've seen it a million times like gamestops were interest plummeted and it's squeezed up to who freaking kingdom come blackberry, same thing, microvision same thing right, but amc Right now, according to the short interest data right, the short interest is going down, but it's not reflecting in the price action, so i came up with kind of two hypotheticals and i'll give you what i think is likely and what's unlikely. I think this is unlikely.

This is one of them. The unlikely scenario is that the short sellers have covered some of their stock, and there are some some paper hands, essentially in quotations right that sold stock at the same time, which negated the effect of what those covers would have ended up. Doing right that to me is the the less likely equation. I honestly don't believe that's the case, but it could be wrong right.

I've seen the numbers i've seen that, like 95 buys and five percent sales is, like the mean, the average that you see on any given day on amc stock and what what the price action indicates. The second thing to me - and i think the most likely is something along the lines of this, so let me just pull up really quick. I want to pull up whiteboard. I want to draw this out for you, so i feel like we're looking at an equation and to make this as simple as we possibly can.

Let me draw what this what i mean by that right so as it sits right now we're looking at an equation. Two plus two is supposed to equal four right, so you're gon na think of it like this. If two plus two equals four, this would mean essentially hey short interest goes down. Price goes up.

Happy ape right, that's essentially what you're looking at, but instead we have. This equation you've got two plus two. Instead of equaling four you've got it equals 40.. The equation doesn't add up, and what does this mean to me is that there's some missing variable here, we've got x, we've got y, we've got z now.

Obviously, if you were to calculate it out, z would equal 36, but you get. My point is: there's some missing variable in this equation that the apes and the retail investors aren't getting a full picture of, and i i really do not like having to say you know, manipulation, manipulation. Manipulation is the answer to everything, because that just makes it seem. Like we're paying the narrative for everything, but guys, i'm telling you if it doesn't make sense, if you just do simple thought process and walk through essentially what's happening, um if it doesn't make sense in a simple prospect.

It's probably because there's a reason it doesn't make sense right short interest going down it by all means should drive price up, and we talked about another thing. Yesterday i thought was very interesting. It was the inflow versus outflow and we see it again today. Once again, the inflow is actually higher than the outflow, so an inflow is higher than outflow.

You're supposed to see green days. It's it's simple supply and demand right, so inflow outflow. If this is higher - and this is lower, price should go up right, but if inflow is low, outflow is higher. Right.

Price goes down it's as simple as that. You've got two days in a row now, where short interest goes down, price goes down and the inflow is higher than the outflow, but price is going down right. It doesn't make sense instead you're seeing the inverse you're, seeing the exact opposite of. What's supposed to happen.

In both scenarios, this to me, these two boxes that we just checked right info versus outflow inflow being higher, but the price going down doesn't make sense right short interest short interest going down, but price going down doesn't make sense. That's not how the stock's supposed to work. Last thing i want to talk about is this institutional buyers right now? I made a video about it this morning and there were some people in the comments section that wanted some clarification. I totally understand that the 13 f's i've said this a couple of times, but we're just going to say it again.

In case you don't know the 13fs regard when they were filed, not necessarily when they were bought. However, what we do know is there was a lot of huge buyers that slept in amc stock sometime in the last couple weeks months. Whatever it ended up being, you've got a lot of big money that has stepped into the amc game, uh hoping to make some fat stupid, attendees right. The institutional shares right now are 121 million.

According to what fintel says, that's 27 ownership in the company. Now, let's come back here to microsoft, whiteboard and just do some quick, math, we've already kind of ran through the numbers before, but i'm do it again. Retail investors own about 333 million shares if you were to crunch 80 of the total free float right institutional investors. According to what fintel has to say right now, own about 121 million shares now keep in mind.

This is some lagging data. We don't know the actual true value of what this is, but that's what we have available to us right now, right so percentage on loan o l, this according to ortex as it sits right now, is about 125 million right 125 million right here and just for Simplicity's sake it could be higher could be a little bit lower, we're just going to find the mean the average actually we'll take the worst case scenario right, insiders, insiders. How much do these guys own we're just going to say 7 million? I think it's in the realm of 10 to 15, but we're going to take the low value here. So if you're gon na do all this math right, 333 plus 121, you've got 454 million shares.

You add up 125 to that equation. You've got a total of uh, 579 million shares. You add 7 million into that, and you get a grand total of 586 million shares. This is more than the overall free flow right.

It's just that freaking, simple, there's! No! If ands or buts about it, that's simple! Math, this is a third or fourth, i should say prospect that just tells me there's a lot of simple math that is happening on amc. That does not make sense. Short interest goes down. Price goes down, that's not how the equation works.

Inflow is higher than outflow, but the price goes down. That's not how the equation works, huge institutional buyers and huge money that steps into the stock and you've got more actual shares, circulating or owned, then should be available to the free float right. It doesn't make sense. That's not how it works, there's just too many stars that are aligning here for amc stock for me to believe for one freaking flat.

Second, that this is this is just the end. This is exactly what it is. It doesn't make any sense. That's corruption! That's malpractice! That's manipulation to a t there's way too many signs like i'm telling you i will be called i'll, be called stupid and crazy: 1 million billion 1 million billion times for all i care, because it's just that simple, i mean there cannot be any way.

Millions of retail investors and apes out there who have done the math who have done the research who have done the dd are wrong about this. I just can't believe it not a net cat. It just can't be i just. I just don't believe that for one freaking second, but while i was ranting while i was away while i was doing this math, i'm trying to show you guys my thought process and my hypothesis behind why amc is a freaking good, buy a good squeezable stock.

We have gotten the beginning of a pretty solid, ascending level of support right here. That's looking good, so this decent level resistance, this pennant channel got broken through, which is looking pretty good, we're well over the v op the volume average price right now and we're looking to see if we can clear over that 200 exponential moving average as it sits Right now, but we're actually getting a little closer to green on the day down about 1.89 percent and that's kind of what i've got for this uh, this overall freaking introduction to what we've got cooking up on amc. I know that was a long 12 minutes, but the volume is definitely picking up too, with that nice push that we saw 249 000 here. 289, 000 right here a little bit stagnant right here, but this is, i think, consolidation right over that 200 exponential moving average acting as the level of resistance but uh.

This is what we're looking at on the day for amc, matt, coor's tweet. What do you have out? Let's check it out, i am streaming this morning: hey elon musk. I think you would really appreciate the movement going on in the amc community. It's worth a quick check, because millions of people are fighting for market fairness and transparency there.

It is man elon musk. I don't think it's a good idea to bet against movie theaters adam aaron. There we go. That's a good thing to retweet man.

I know a lot of people were a little bit frustrated. Honestly, i was too. I was pretty frustrated with what elon musk did there with that uh that tweet? That's not for anybody that doesn't know. Elon musk basically put out a tweet saying that he imagines that all movie theaters are dead right now.

Essentially, i i like elon musk, so it pains me to see that he has that perspective for sure. That's not something i really enjoyed seeing. I got to be completely, i mean honest. Obviously, obviously, people aren't going to want to see that, let's see it, it was down here so abandoned theater posted on may 19 from deserted places and elon musk responded.

This is how i imagine most theaters are these days i'm going to retweet with elon musk unpopular opinion. Have you been to a movie theater? Recently i've gone 10 times in the last month and they're pretty full. Every time i've gone there, we go so anywho, that's kind of what i've got for this introduction. All the things that i want to address is the immediate part of this video, but appreciate everybody tuning in hope, everyone's having a freaking solid day.

I know that we were right on the day, but i'll tell you what you need to appear strong when you feel weak and uh weak when you feel strong. That was a a quote that i feel was pretty important to be able to to bring up here. I did retweet matt for anybody wondering ditch the tank tops yeah. This is a freaking gorilla gang shirt.

I dig this thing. I absolutely love it well. I need to tweet mr beast to join the amc team, i've tweeted out of the fortress mustache. I love that dude, that's a cool name, that's a cool name.

Some of us have little kids and they love going to the theater. Absolutely jay. Absolutely i love the movie theaters. I go all the time and every time i go, i make sure i stop by the concessions and get freaking mad popcorn.

I get the biggest popcorn, even though i finish like a third of it. I get freaking diet, coke and i get myself some milk duds or sour patch kids. That's those are my go-to. Those are my go-to candies, absolutely tell everyone to tweet amc strong to elon musk hey! Well, if you want to do it, you feel free to do so.

You feel free to do so i'll i'll tweet it out right now, um amc, strong, you know what it is tweets and replies. I think it was down here there we go all righty sour patch, kids. Let's go all right, hey what evidence is there that they need to cover uh synthetic shares? Can they be tracked back to the creator and on what basis will it be enforced, uh br? So synthetic shares or basically naked short positions, right failure to deliver is that sort of thing: where does the math come into the equation? For that? That's that piece of things right. So, let's just draw this up and give you guys my thoughts on my thought process on that and, in the very least right.

So what happens here is essentially, you have. Market makers and hedge funds that create shares are basically ious to cover what they cover their butts right because they don't have actual shares. So if there's 100 million shares that typical market makers has, they could have these sent out already right, but if they don't get any of these returned, what they can do is this: if this is if this is market maker right here and they're, expecting 10 million Shares to come back at some point in time to this total of 100 million, they can send out 10 million shares of iou stock right, not the actual stuff, basically synthetic right to another investor, with the anticipation of these 10 million shares coming back and then destroying The ious and replacing it with 10 million actual shares. What ends up happening is this: they create 10 million shares and they don't ever get rid of the iou stocks, so you just have a crap ton of iou out on the market.

I owe you here. I owe you here: i owe you here iou here and these all get sent into the market, whether it's a short order or a buy order. We don't know right, there's no way to to know for sure what the actual math comes out to. But what i will say is this: in every transaction there is a buyer and there's a seller.

There's somebody that's offering a good and there's somebody that is offering money or compensation for that good. So, as the person who held up on our end of the deal, we get a lot of that synthetic stock, the iou right, the buyer right here. This is tendy man. Tandy man wants to go to freaking chicken church and eat some, some beautiful uh freaking crispy breaded chicken from popeyes right and he gets he gets iou stock instead.

So this is the buyer. He offers money in exchange for stock, but instead of stock, he gets iou right. We held up on our end of the deal now when the the the freaking script flips. What ends up happening is this there's a buyer and a seller.

Once again, now we held up our under the deal, but the problem is that we were sent out iou stock and we need to be compensated for the stock, regardless of whether it's real or it's not because we held up our end of the deal in the First transaction, so what you get that happens now is you've got freaking tandy man over here who is now the seller and you've got hedgy over here. Who is now the buyer and he needs to pay for the synthetic stock. Now, if the numbers were to get exposed, if people were to find out the exact numbers on actual naked shorts that exist on the market, that would definitely hugely hugely impact. How much people are going to be able to make off of this iou stock, but at the end of the day, what happens is we offer a product and they offer money and compensation for that product when the time comes now i don't know if this will Be market maker, if it's going to be the nscc's insurance policy, if it's going to be hedgy right, there's a lot of different people who are going to end up putting that bill, but the other day.

Some of these you know some of these people are gon na end up putting the bill. They have to pay what we want for either i or you stock or actual stock. Like we don't know what we hold there's no way for you to actually know that. Unfortunately, but you get compensated right and the thing is once they crack down on it, they have to eventually i mean they can't continue to do this forever.

Eventually, they get caught, that's as simple as it is. You keep pissing on electric fencing, eventually going to get electrocuted and if they keep sending out iou stocks. I've seen this argument. I've seen this thought process and i get it.

It totally makes sense is well if they can just keep doing this forever and ever and ever. How do we ever win and the thing is that they can't keep doing this forever and ever and ever and my my freaking hypothesis and my example for you is look at oh wait right. They did the same thing. They thought they could keep doing it forever.

They kept they kept pissing on the electric fence and eventually they got electrocuted, so they keep playing this game. They just keep doing it over and over and over day after day, month after month, year after year, sending out iou stock iou stock iou stock right. They continue to do it for as long as they want. Eventually they can't do it anymore.

The sec has to do something because it just appears too obvious. At this point i mean like, as people who follow amc, we can see what's happening here with the stock price we can see what's actually going down, but to the common, the common person or somebody you know in the outside world. Maybe it's not as apparent right. If you're not paying attention to the game, you might not understand it's as simple as that.

So if they continue to set up this iou stock, eventually they get cracked down on they get zapped. They get freaking caught red-handed with their pants down right and they got ta pay the price and that price ultimately is going to be whatever the apes or the retail investor want for that stock, and that to me is what is going to you know trigger the Short squeeze so uh we'll see what that is. You know that's kind of what i've got for an explanation on that. I know that was long winded but that's been asked by quite a few people, so i just wanted to drop it down.

Let's see what the the stock price is. Look at this getting a retest of 12.50 we're only down about 1.07 on the day. Every time i look away guys i'll, tell you what lamp you're doing good lay up doing good look at this come on drop lamp in the chat show some love. The land show some love for lamp because she she is doing the lord's work today.

Silverback's work. This is decent. This is absolutely decent. Yes, sir trey, don't look, it never fails man, it never freaking fails.

When i look away is when this thing starts: freaking ripping up to 1257 1258. The volume of it is about 20 million, so it's actually moving off of decently low volume. But it's starting to pick up here a little bit. We are definitely training over the v volume average price.

And if you look when it was consolidating right here just around that v-wap that much was happening. I mean you had 118 173 thousand 118. 41. 000.

50. 000. I mean it was pretty decently low volume, and now it's starting to pick up. You got to be getting a little bit of a boom boom candle, look at this 12 and 60 cents, as it sits right now on amc stock on the level two's you've got the largest level of resistance sitting at about 12 dollars and 64 cents chicken church.

Let's go: oh that's! Looking pretty freaking tasty, i'm digging! This 6 hundred shares total on this level, two sitting at that 1264 market we already pushed through it. We already pushed through it. Look at this. I can't believe i'm this excited we finally crossed into the green.

We're up above we're actually not even up about point zero, some change percent right now, but dang that was a freaking boom boom candle. Look at that nice turnaround what a beautiful reversal on amc stock already up to 1270 12.71. This is a pretty decent reversal. This is a pretty decent reversal on that one minute can we got 372 000 in volume which isn't even that high, but nonetheless that was the follow through? Oh actually, it was higher.

779 thousand, i'm completely wrong. 779. 000. In that one minute of volume is continuing to follow through look at this trend.

Continuation guys look at this bounce off that 12 level. 12.3 cents on this bear trap setup up to 1280 81.. Look at the level twos. It is definitely loaded, but there's a lot of buyers that are stepping in right.

Now. Let's look at the overflow really quick, 37 million versus 36 million of inflow versus outflow, and the equation is finally starting to make a little bit of sense up about one percent. On the day saying that just under 12.80 1280 is the intraday high, what a beautiful beautiful turnaround we saw right there, dang holy toledo, 779, 000 volume so far in this one minute window that we've got right here. That was a beautiful little push.

That was a nice little push. Let's look at this on the one month chart here, really quick and just compare at what we're looking at next we're looking for that push up to about 13 bucks, but that was a nice little turnaround. That was a good flip that was a beautiful, beautiful flip. Let's freaking go baby that george zambia set up.

You guys are dropping the w in the chat i freaking saw it, but that was a beautiful break over the neckline neckline at 12 and 36 cents and ended up getting some boom boom candles to fall through. We got one million in volume in that one minute. The volume's starting to pick up again we're starting to get some people who want to buy this stock on the freaking move, and i'm not too mad about that. I'll.

Tell you that right now that looks pretty freaking tasty! That's a tasty little rib! That was a tasty little rib. Yes, sir, yes, sir. Yes, sir beautiful amc, strong, thank you santana! You know what it is arrow, oh, what am i doing guys, god, what a rookie move? All of you, honestly, all of you should leave all of you should leave. What am i doing? I don't have an arrow drawn up.

I didn't have an arrow drawn up. That is just some goofy stuff, but i'll tell you what now we'll drop this freaking arrow and it is going to continue to move the direction that we want. This thing to go, that's what it is. It's too simple in case you're new here in case you're new to the freaking gorilla gang.

You know the ape community. This arrow is technical analysis to a t. This is as simple as it freaking gets. You draw an arrow, and typically it follows that error.

It's factual facts: it's just science, it's not rocket science, but it is science. Nonetheless, i went to school for uh for five years. I really went to school for a year at saint cloud state four years at st john's university in minnesota and uh i'll. Tell you what it took me, five years to learn how to do that.

Five years of studying hard, methodical work to learn this sort of science, but i'll tell you what it does the trick it does the freaking trick. Yes, sir, can you explain what i sent you on twitter diamond handed ape? Let me uh take a quick picky wiki, my man uh, your name is brandon. My best buddy's name is brandon diamond handed ape um. I don't know if that's it, there's a lot of diamond-handed apes on here.

Oh, is it this one? There we go brandon. Can you explain why this time lapse is happening? Oh no man! I don't i so i don't think it's anything significant that might have just been a sort of uh, a bluff or or son of a a mistake by weeble. But i don't think it's anything significant. I don't think that's anything to be worried about in the least bit it's just my opinion.

It was a one second gap right there um, but i wouldn't be too worried about it, especially with that little size. I honestly might have just been something as simple as the the algorithm or the computers or whoever was making those those things happen. They might have uh. You know goofed up a little bit, but i wouldn't worry too much massive cup and handle for me.

Let's put this on the one month: let's see cup handle that would be a disgusting cupping handle if it came to fruition man i mean look at this look at this. That would be a huge cup, and this is the beginning of a huge handle. I mean that would be nastiness. That would be absolutely disgusting.

Guys. Look at this beautiful freaking reversal on amc. Look at this beautiful reversal on amc stock, guys holy toledo. We went from down four or five percent of the day to up one percent, a beautiful five percent swing in the matter of about an hour.

That's really not too rough. That's not too shabby that ain't too. Shabby at all. I'm very happy about that very happy about that.

Let's look at the ortex dad or the ortex tweet. I should say somebody said that they tweeted. So let me just pull this up or text. Wasn't me we love it.

We love it all right, ortex there. It is amc, strong vortex is one of us. Let's go baby, let's go. You got to get out the the west christian interview on youtube long, but incredible dd from a wall street watchdog lawyer.

The info has to get out get out the west christian interview, wes christian interview, i'm gon na, have to watch it man who, who put out the video. What was the the the name of the youtuber? I think tomorrow might be a real big day. Payday us average drills will have a little despair to put towards the cause. Yes, sir, let's hope so that'd be freaking that'd, be pretty filthy that'd be pretty filthy, seeing at 12.77 cents right now.

The intraday high is 12.81 looks like we're getting a test of that 1281 mark and then ultimately the test of about 12.96 13 but 13 range, but that was a beautiful little turnaround. It's holding very well the trick here is this: when you get those huge one minute rip candles you you want five minutes of consolidation or trend continuation to follow through to signify to me that it's not a false breakout. This is a pretty big topping tail right. So that could indicate a little bit of rejection, but the fact that it's holding up so far is a pretty good sign, i'm not too mad about that sports entertainment.

Let's check out ethereum aetherium got a nice little bounce here too, so i can pull it up here really fast. I'm just like look at this really quick, ethereum up 18 on the day after that massive 25 selloff that we saw yesterday. So that's looking pretty good. I'm not mad about that.

Already, almost back up to about 3 000 um and a big fat george w set up hooked up right here, you're looking for a break over this neckline at about three thousand dollars, that's gon na be the psychological and technical breakout level where you can see. This start to uh make a pretty nice run again. So that's what i would watch for 100. Definitely, definitely not a dead cat.

Let's go question of the day. If it is meant to be, it will be, and when you are ready it will our quote of the day and when you are ready it will happen. Can you give our eight bet, katie hickey, a kachiga yo man yo main man wyler? I love that dude, hey shout out to uh katie hickey good jiga. Let's go baby, you know what it is.

You know what it is guys we're excited on red days. We're excited on green days. I'll, tell you what i i can't get. I can't get upset about a day with amc, because the price is psychological, my friends, absolutely 100, psychological i'll wait this out as long as it freaking takes.

You know what it is. You know what it is. Absolutely little man, toledo man, toledo man, holy toledo, look at this beautiful little push. Ask me anything video with wes christian from the super stock ready group.

Ah there we go there, we go see i'll definitely have to check that out. I think it's about an hour. Long video right so i'll have to check it out uh. So your twitter dm regarding short interest.

Look for fujar dough, fujardo super stock. I'm gon na have to remember that. Oh an excerpt from the west christian uh ama regarding short interest. Okay, um i've got that pulled up and i'll have to i'll have to watch it.

You guys want to see it. That's the question: if you don't watch it right now, we can definitely do that or you want to watch the live price action. What what are we? What's the vibe? What's the freaking vibe here today, what is the vibe honestly? What's ever going to stop them, they can't play forever look back to 2008 that you, you keep pissing on the fence and eventually get electrocuted. It's as simple as that jackson put out a video hunter jackson.

What was it? Let's see what we got cooking. My best amc update, yet there it is 12 hours ago. If you want to watch it he's a good dude price action all right there we go. We can do that for sure, so right now we're sitting at 1263 a little bit of rejection here off of about 12.79 looking for a hold over.

I would say this level of uh this, this technical level, this this previous sort of uh. What was that? What was the word for it, a cell wall that we had about 1264 so hoping to see if we could bounce off that and establish some new higher lows and higher highs? That's ultimately what we're looking for right, a continuation of trend, higher lows and higher highs. We're trading well over the volume average price right now, which is a great great bullish indicator. You can see the volume has followed through with this nice move that we got up to about 12.81 cents, we're just waiting to see if we end up getting that test of about 13 bucks or so looping on the money yeah lose made.

Some good calls absolutely absolutely. I was hoping to see it bounce off that fibonacci retracement zone between 12 and 1280, and it looks like that 12 mark was pretty much spot on the nose, the level that we had to watch for so far so far, anyways this shooting star candle that level Of uh or that candle indicating that you might have a bullish reversal, looks like it might come to fruition. I mean that's looking pretty good and that retracement zone also looks like it might end up coming to fruition. But we're gon na have to wait and see what ends up playing, but so far man i mean this is looking pretty good, i'm not too mad.

We are currently a little red on the day down about 0.47, but just on the cusp guys, i mean that is. That is a huge, huge reversal that was pretty solid, pretty freaking decent. I hope that's the biggest buffalo wild wings you've ever seen. Well, you might want to call them and tell me, grow the store or about 25 000, more wings yeah, so we are doing the uh sort of a meet and greet today, buffalo wild wings at 6, 00 p.m.

Eastern standard time, i didn't tweet that out, i put it in the discord. I got to be honest with you. I got to be honest with you. I'm a little bit nervous.

I'm a little bit nervous to meet everybody. I don't know how many people are gon na come. I don't know what the vibe is gon na. Be i've never done something like that before i got ta be honest with you.

It's kind of a strange concept to me that people wan na sit down and eat, eat some wings and drink some beer with me, but i'm definitely excited forever whoever's coming out so uh, it's gon na be in fayetteville north carolina, there's only one one: buffalo wild Wings out there, but man - i don't know it feels weird to be a little nervous. I got ta be honest, i'm excited, i'm excited but nervous is a uh. Is adam aaron going to announce he will not split the stocks. So, michael i'm going to ask that question.

When we have the interview in early june 100 booking my plane ticket right now, yeah definitely definitely trade be safe, i'll, be careful man i mean there's a reason, i'm doing it in public and it's because i i i want to protect myself and and make sure I trust people, you know, i'm a pretty trusting guy. I try to get people to bend for the doubt and maybe that's not the right thing to do, but i always like to think that it's better to speak. You know to trust my character than to judge somebody else's. You know i like to think that there's good in people you know, but i'm excited, i really am excited and nervous, but definitely more excited than nervous it'll be it'll, be interesting for sure.

I only stopped being i'm buying and the day you changed that thumbnail. So you better never change it. Viva la stash, fishbowl801 throw follow if you want. I have been following back some apes on twitter here, uh, sporadically throughout the last uh couple days, or so just trying to get an idea of what you guys are paying attention to and what you got rocking up there you go cowabunga cowabunga, yes, sir it'll be A good time tracy, i'm very excited, i'm very excited.

I do like agtc still a short glitch. It's it's a long-term stock for me, we'll be at uh b. Dubs tonight see you there see you there pm jesus, i'm excited or jesus, i'm not sure how you pronounce that, but all right percentage. Oh, i got ta scroll back up, but i saw a percentage on loan.

Something percentage. Loans should be added into that right. Those are loan shares that we own double, counting those. No, so the loan shares.

I don't think necessarily that we own those typically those are lent out to big money right, so they could hypothetically be lent to us, but the overall picture is that the shares on loan are shares that are typically not available to the retail investor. I could be wrong right if anybody knows the answer to that. I'm willing to you know i i've got a pretty small ego, i'm not worried about being wrong about stuff. I just want to see the the documentation or the facts that say otherwise.

That's a that's! Just my thing you know, but either way i mean the numbers. Just don't add up i'll refer to this every single time, because it just does not make sense with a free flow of 150 million shares. That would mean that you had to have every single share circulate eight times over to get 1.2 billion in volume on january 27th. That to me, is this: this soul thing that i will never understand it just doesn't make sense to me.

The math doesn't add up it. Just doesn't add up tweet, mr beast, so i've tweeted it before. Do you guys want me to do it again? That's the thing: if i'm gon na, do it again again, i can. I definitely can here we go man, you guys.

Just let me know so. 1241 was just over 9 000., just over 9 000.. Let's go, you know what it is. Elon could have been poking fun at shorts.

It's tough to know man, i don't mean anything malicious in my tweet. I just don't think it's a good idea to bet against movie theaters or theaters in general. I don't think that they'll ever die. I mean in my personal opinion, but, like i said i like elon musk.

I really do i think as far as billionaires go. He uh he's he's probably the one that i respect the most one of the most hardworking guys out there who genuinely wants to make a difference in the world uh. It was just kind of disheartening just to see um. You know because people people would be excited if he got behind amc theaters and what the movement stands for so it'd be interesting to see if he changes his perspective, you know we'll wait and see what ends up happening but um.

I personally like him. I, like elon musk. I just don't agree with his opinion in that certain instance. Let's all tweet, mr beast, let's bring back drive-through theaters dude.

I would love that absolutely i i don't think i was uh. I don't think i saw whether you guys wanted me to tweet, mr beast or not. I got ta scroll back up, sweet beast and elon tweet him edgies are eating their paychecks. Oh look at this little bit of a candle.

Look at this little bit of a candle: okay, we'll tweet, we'll tweet, mr beast here in a second, but i wan na watch this freaking candle here, first dang; okay, that's pretty decent up to 12 and 72 cents. This one-minute swing so far is about a 10-cent spread. That was a really nice candle, no topping tail at all nice trend. Continuation, nice follow-through on volume, 260 000 shares of volume followed through on that one-minute candle, we're gon na get a follow-up on this candle.

So far it looks like an interesting high is at 12.81 cents cruising at about 12.78 up about one percent on the day, but this is looking pretty filthy guys. I mean continuously setting higher lows. Higher low higher low higher high higher high higher high, hopefully, is the follow through on this one. 12.79 intraday high 1281..

We just sat there for a second 1281 there for a second we're going to follow through in a recess of 13 bucks. That's what we're waiting to see my friends holy toledo holy toledo, come on. Let's get that break over 1281. Ultimately, test 13.

Look at the level! 2 1285. You got 5 000 shares on on the cell wall, but that's really not too hard to push through. If the volume falls through on it so far, 368 000 shares of volume on this one minute window right here. This is looking pretty tasty.

This is looking pretty freaking tasty, i'm liking. That five minute looks great. Let's look at the five minute: oh yeah, oh yeah. 1283 1284.

We got the follow through there. That's looking pretty freaking decent. Let's go two boom boom candles in a row baby. Let's get those boom boom candles ripping when we get a third boom boom cannot fall through.

We find we stopped 539 000 shares of volume. On this one minute window right here, what are we gon na fall through on a one million share? Uh, you know candle of volume, let's see, let's just keep watching, but that, oh, my god, this is a nice reversal. We went from down four five percent of the day to up one point: nine percent of the day, if you bought that dip at 12 bucks you'd be sitting pretty freaking filthy, decent right now, but holy toledo guys. I am not mad, i'm not mad about this.

In the least bit, that's looking pretty tasty that is looking pretty freaking decent 12 and 86 cents, as the intraday high you've got a huge spread across the ask 12.85 all up to 13. It looks like i don't know if the short sale rule is playing a part in the least bit, but we do have the short sale ruling activated today, meaning that the shorts have to hit the ass. They have to short on the uptick. They can't hit the bit.

They can't hit the down ticks in the least bit right, but it's looking like we got some decent buying pressure on lower volume. For the day i mean 27 million of volume is, is not that high in comparison to what we've seen in the past, so a lot of buyers stepping into the game trying to get this push back up. We got 280 584 thousand 474 000 total volume in those last three minutes. So definitely a little bit of a surge rocking right here, sitting at 12 and 90 cents coming up to about 1296 13 bucks to me is gon na, be that ultimate level of resistance and it is empty on the level twos empty.

On the ask, not a lot of selling pressure there, not a lot of selling pressure in the least bit this arrow dude, i'm telling you what lamp does the lord's work that is looking pretty freaking decent. Yes, sir, look at that follow through heck yeah freaking, decent. That's what's up what a beautiful reversal we saw on the day for amc. What is this little setup that we got right here? You have an inverse head and shoulders pattern head shoulder shoulder on the one minutes.

You got a little bit of a bear. Trap set up two shooting star candles and the second one being green typically indicates an upcoming bullish reversal and so far we've got the follow through on that new intraday high setting about 12.90 on the r side, we saw a peak up to about 73 or we're Gon na see a little bit of a five minute, pullback we're waiting to see, but overall guys i mean this is looking pretty decent, that ain't bad at all, that is pretty tasty, looks like people are trying to buy that dip. Baby all right, trace goku, is moving to spirit bomb. There's going to f citadel up every share matters just takes time.

I wouldn't call myself goku man mike mike uh goku is a freaking g. He is the absolute he's cool stuff. I like vegeta more. I got ta be honest with you, but i i would say maybe like a krillin, maybe like a krillin uh good morning, keeper of the lamp and drinker the subway cup.

I made a twitter just to tweet something at you bm right. Let me take a look at that real, quick, my man, let's see, do you want to go, do cry in the garage yep, absolutely yeah. I mean we love karate in the garage all right. So let me uh throw a quick tweet out, like everybody was saying to mr beast: i've tweeted it before i'll.

Do it again we'll see if he says anything, amc strong stands for equality in the market space and the war for the market of the apes um? What's a good way to say this, the little guy retail investors are looking for are rewriting history and leaving a legacy of free and improved free market would be sick to see you get behind this you guys. Let me know what you think of that. You guys, let me know what you think of that and we'll give it some time to uh to ponder on and uh we'll send that out, but we're sitting at 12.87 right now guys 12.90, that intraday high we've got five minutes of consolidation here on the one Minute chart guys that is looking pretty freaking decent. It's good! Do it love it see what everybody says.

I think it's pretty decent. I tried to make it uh bro, pretty pretty uh well-rounded, but we'll see we'll tweet that out. That's the second time that i've tweeted. Mr beast, as per request of uh the overall apes which you guys want, this is simple as it gets but uh appreciate it guys, we'll see what happens if he responds, let everybody know or you guys.

Let me know i suppose i probably won't. I probably won't see it but uh. Thank you guys, maybe the same as uh elon saying his stock over price. That could be it.

That could be it because he he's got some pretty interesting backwards. Psychology he's a i, i think, he's a pretty intelligent man. Trey's washer, no, you got ta be kidding. How? How do you guys come up with this stuff? You guys are so quick to the ball.

You guys are so quick to the ball. You guys are so quick to it. Tweet elon - i already did uh during the day here, but i appreciate that man. Thank you, move the arrow, oh you're right so far, this arrow has been doing is pretty freaking decent.

You know what i'm going to do. I think a mistake that i make is that i i draw i'd, move the arrow instead of drawing a new one, so we got to follow through with a new arrow. This is a this is this is an art, i'm telling you it's a science, but it is also an art. It is a big art for sure moving her up.

Well, that's a little good that looks super goofy. We got to fix that boom. Let's see that follow through to get that test of 13 bucks 1296 13 range is ultimately what i'm watching for notice, how the level twos on the ask, don't look as atrocious and disgusting as they usually do. I don't know if the short sale rule actually makes a difference or not, because we know there's corruption.

We know there's malpractice and the way that this uh this stock is traded, but so far we've got some really beautiful price action. On the day, almost up two percent twelve, ninety three high we're sitting at 1290 right now. I think that's not 1291 there for a second but we're looking for that break of 13 bucks. That is the next psychological level of resistance.

So we're going to move this up to that 13 range. Let's see if we get a nice follow through, but you're looking for another freaking boom boom candle 12.92. Here is a new intraday high. It is following through, let's see if we get some nice volume to surge along with this 300 1 000 shares of volume to get up to that 1290 candle 12.92 intraday high.

Let's see how this volume goes if we get 500 million or 500 thousand plus on this one minute window 12.94, here 13 bucks. 12. 12.95. 30.

This level of resistance that we're watching for on the level twos, not a lot of resistance. I mean you got a little bit of size on the ask, but it's really not that bad, i mean it looks pretty freaking tasty. This looks tasty. This is a.

This is a rip that i think we can pull off, especially considering how small the cell walls are. 1296 1296, so we're gon na get the fall through 1297 1298 there for a second we're coming up very close to 13 bucks. My friends very, very freaking, close to 13. Look at this starting to go 1298 12.98 we're gon na get 12.99 at 12.99 at 13.

Bucks you're looking for a hard follow through and the volume is surged up well over 13 dollars, you're looking for 1304 305 1306. If you get that nice follow through on the volume you're looking pretty freaking tasty, i mean this is chicken shirts to a tee. 12.99. 12.99, we are one cent below the psychological barrier of 13 and a rip over that is gon na bring us to the next psychological barrier of 1325..

I'm betting, you we're pretty dang close. In fact we have to be out of that fibonacci retracement zone. If we look at this on the one month candle, this is probably gon na. Look like a pretty tasty reversal.

That looks like a very tasty reversal. Look at this look at this nice double bottom setup that we got at that twelve dollar mark 12.