All right story, time check this out. This is vegeta majin, vegeta tattooed. On my leg i got this freaking button up in high school. I think i was in eighth or ninth grade something like that.

This was given to me by uh some kid on the bus. I think his name was frank. I don't remember who it was, but freaking love vegeta. I want to show you that, because this is uh, you know just a birthday shirt.

Why not? Why not screw we're going to button it up but holy toledo? The short interest is up 4.9 today and that difference of 4.44 million shares, which is absolutely disgusting. Even on these red days, man, i'm kicking my feet back. I'm freaking relaxing because i know there's more on the table here for amc, as do most of the og freaking apes. But nonetheless, what is up everybody we're the freaking traders.

Traders really talk fast and don't skip class baby. I like your parents by saying that i'm not a financial, advisor or expert so take what you say: the great assault, let's get into the video. So today, my friends, my family, my fellow brothers, again we're gon na talk about the overall update here on amc here for the night, we're gon na go over the vortex that i wan na go over stockholm tracker, the short bills, short sale, volume percentage. I want to talk about nscc002 and why that is kind of significant.

What, if margin call really is, can they get out of it and then finish this off with a technical analysis? I want to go over a couple different. You know sort of trends and opportunities that may present themselves to you so that you're prepared for every single scenario that could end up happening so without further ado, baby, no spider. This time i've got the spoon ready regardless, let's get into the video, so we're gon na start up here with the ortex data. Now what we have cooking up on ortex, as you can see here.

Well, it was just 4.9 a little bit ago, but now we are up 4.6 net different short interest. Now that is significant as the short interest number continues to go up, as well as the utilization utilization, essentially being all available shares that could be lent out either. Are lent out or not if there is 100 utilization means that all edible shares are currently on loan. Zero percent means that none are on loan utilization.

Being almost maxed out means that i expect this cost to borrow to start to go up. It's gon na become hard to borrow stock or security once again, so the children just went up to date. The freaking old men do not learn their lessons. How many times are going to teach you this lesson old man, freaking 14.26.

Current short interest of free flow, 4.17 million total net difference in shares being shorted into the market. The shares alone is also going up, but not quite as fast as the actual short interest, which leads me to believe that a lot of the shorts that are being established were actually shares that were on loan that are actually, just being. You know sorted into the market on top of the fact that they're already on loan, so what's kind of fascinating about this - is that the system used to short amc stock is built around psychology, bullish and bearish moves, and you can't really account for the fact that Uh, you know people are just gon na buy and hold a stock. You know i was actually asked this on twitter today.

Somebody said trey, i don't understand. Why are hedgies shorting the stock, even though they're down 500 percent? On average, i mean, if you look at the average days on loan, it's currently sitting at 44 days, which mean the average position was established somewhere that 10 range, but down almost 500 percent right. Why would they continue to add down to their positions they're, assuming that people are going to take profits, that people are going to be satisfied with the five dollars? It's a freaking, 77 move and people aren't doing that. They're saying: look, there's demand for the stock.

I think it's going to go higher, so i'm going to continue to freaking hollow my shares right. That's the issue with this is and personally why i believe they're shorting down doubling down their short positions is because they think this game's over. They think that the apes are done, they've made their attendees, they want to move on because lemon pepitants can be found somewhere else which someday will be true right, but i really do not think this amc story is done. For one simple reason, shorts haven't covered they're, adding to their positions, and that just makes absolute nonsensical sense.

It is the stupidest i've ever seen in my whole freaking life if that's kind of what you're looking at truth, overline percentage also affirms the fact that there's heavy shortening taking place in the market. It has found a nice kind of consolidation baseline here in that 36. To 47 range about 10 range of shorting - that's taking place here, and i don't know how much naked sorting is taking place right now, but as we get closer to 100 utilization, that becomes more of a reality. That's on the table for this stock, just simply based on the fact that it's hard to borrow secure, there's not a lot of supply available for people to short positions which creates the demand for them to create something that should not exist.

Naked short selling right. So that's kind of what you got cooking up here right now: stone go tracker. How many currently uh available shares are there to short into the market. We stuck around about 550 000 for the majority of the day today, ever since about 10 48 uh june 21st, and up until about 5 15 16, which was here just recently.

So a lot of the shorts that were available, i think, did get eaten up and the etf available also kind of went down here today, pretty consistently throughout the day, which to me signifies that there was some pretty decent shorting that was taking place in the market. Right so call options in the money there's not as many as last week, which means that this week, there's really not as much of a gamma squeeze potential. That does not mean that the stock cannot run up and we're getting that as we can do. The technical analysis, but we're still set up absolutely beautifully right.

This is the beauty of this entire amc stock movement. This is a six month saga that built up to where we are now fundamentals, kind of laid the groundwork right. Fundamentals continue to improve january february march april may, which made the short thesis weaker and weaker weaker, weaker, weaker right, which built the foundation for where we're sitting right now. Now, where am i going with this because it took six months to get to 77 from a low of five right, five dollars and seventy seven dollars took six months now, i'm not saying it's gon na take another six months.

In fact, i don't think it's going to, i think you're, obviously adding on some months to the timeline here. But the big point to be made is there is no timeline right: it costs the apes, nothing to hold stock, but it costs short positions. Everything to hold stock, they accrue interest rates, they accrue bigger and bigger losses, their losses and their downside is infinite right. So what's the downside to you howling, do you need this money right now? Do you i mean if you do that's a whole different scenario, but if this is just a savings, account for you right, you're, just putting money in amc, stock, you're sitting absolutely beautiful, because you never look at your savings account anyways! That's how i view amc stock right now.

It just simply is, i think, there's more upside here. We're gon na get into some of the different realms of potential uh for technical analysis and then finish it off with some closing words that i think are pretty good to know. So i kind of see a couple different scenarios playing out here on emc stock right. I've got three different kind of zones or boxes drawn up, so the first one - and i think, probably the more likely it's based on the bullishness of this overall huge massive bull flag we got rocking, is gon na bounce back and forth between this sort of uh.

Ascending level of support and this horizontal level of resistance at about 63 bucks until you inevitably get a break up to that uh, what would be about 70 dollar range? That would to me be that next level of resistance. Now i can't you know, predict how many times they're going to bounce off 63 before we get that clean break. But what i can say is you've got a lot of strength in this ascending level of support. You always look for these three touch points to see any respected level of support or resistance.

You get them one. Two three four uh different touch points here on this huge wide scale: one hour candle level of support right and eventually it's either a going to break that or b, which brings me into my next scenario here: come down to some sort of uh level of support. I've drawn up a zone because this is a fibonacci retracement zone. It's very easy to do.

If you want to do this yourself, you can come into weeble click on this fibonacci retracement and what i did is you just dropped from the peak of the run-up to the bottom of the run-up, and you get sort of an idea of where you can see. Pullbacks happen right and right here what we've got between this? What would be about uh 50 and 61.8 percent retracement uh, a zone of where i think, you'd find support, which is somewhere between 51 and about 57 dollars? That's a pretty wide range, i understand, but a technical breakdown underneath the sending level of support would bring a pretty hard move to the downside with some volatility right. So you can see light taps light taps for the downside, down that 51 level of support and then bounce somewhere around in this zone of uh, essentially just hoddling zone right that consolidation zone. If we were to break down underneath that level of ascending support, i think this is the less likely scenario, but we want to be prepared for everything in the stock market so that you're mentally and psychologically prepared for the ups and the downs, the rips and the Dips right, you're gon na go through both of those things throughout this entire amc saga.

Now i've got something drawn up that i find interesting and it's where i think amc could end up if we end up getting a new all-time high break over that 77.26 level. Uh six cent level of resistance, and it's up here about 108 dollars to about 112 13. The reason that i've drawn this up is it's very simple. This is a fibonacci retracement zone right.

So if you were to break over 63 bucks, i think you're going to find the next level of resistance somewhere in that 70 dollar range. It'd, probably do a little bit of bouncing up and down that rip. Consolidated. Rip consolidate rip consolidate right now.

On that huge long scale, consolidation phase right, even through all the craziness, that's happened in the stock market. Right you're still getting consolidation. This is consolidation just to a t. It just is right.

That's consolidation right so you're going to get this rip up to eventually 70 and it's going to consolidate for a while and it's going to test 77 bucks and if it breaks 77. I think this is gon na be that next range, we're gon na see amc stock end up. It's between that 100 and 814 dollar uh, pretty much zone of where i think you're gon na see some resistance right. Obviously, hundred dollars is gon na, be that huge psychological barrier of resistance, but after that hundred dollar mark, i think this is really gon na be the next level.

I really do between a hundred and eight dollars about 113 or so right, so those are kind of the different scenarios that i've got. You know kind of i'd, say, mapped out and what could happen here over the next one or two weeks? Am i expecting any massive moves this week i mean. Obviously i can't predict that what i would say is, i think, you're going to see a pretty hard move either to the up or the downside, sometime the next. You know three or four days just based on this technical setup that we've got rocking right now.

Does that matter? No, but does it help if you're mentally prepared for it? Yes, it does it's good to have some sort of mapped out plan, an idea of what could potentially happen for any sort of stock in the stock market. Amc obviously included. Now i want to wrap this up with the zero zero two that just recently passed. That will be instated on wednesday and essentially, what this is going to do is automate margin calls if the national security clearing corporation feels that there is any sort of over leveraging or risk for default by members of the national security clearing corporation aka, hedge funds and Institutions right now, if this was to happen, can you get out of a margin call? The simple answer is no right.

What you have to do is either a put more cash in your account b, offer up some sort of security, sell your own securities liquidation securities c offer up some collateral or marginal securities or b or d. You get margin, calls you get liquidated, forcibly liquidated which ends up pushing. Oh that's, my heart rate monitor. I got too excited my apologies guys, which would push stocks to the upside right, so that's kind of what what a margin called, what the nscc-002 would do now.

Obviously, i'm not the sec, i'm not the national security clearing corporation. I can't predict - and i can't tell you exactly what's going to happen, but on paper, that's what that means. You can't simply get out of margin. Calls you have to either a offer up.

Some sort of collateral liquidity or cash or b get liquidated. It's just that freaking simple, so these hedge funds that are really deep in the red on their short positions. Can they get out of it some ways if they offer up collateral liquidity, maybe some freaking properties. I don't know it's possible right, but eventually they run out of cash, that freaking the water runs dry right and they're, going to end up getting pissed on man like the piston on the electric fence, they're.

Taking all these chances and one day, there's not going to be any water left, there's just not right they're going to run out of opportunities. Can you wait that out? I think i can i'll tell you what the thing that i think is most beautiful about this entire movement and honestly, i thought about the entire day here. For my birthday, is you found some sort of really rare earth, metal or gem, and i s this is something i saw on twitter and i want to pass this along that you cannot mine, you cannot create. You cannot find on planet earth, it's something that you kind of stumble upon and that's compassion and it's drive and it's purpose and it's a why and that's what the amc community to me represents thanks to those who paved the way along the way right.

The wall street bets community gamestop dfv. All this huge soccer. That's played out over the last six to nine months right. You ended up here if you're part of this amc ape community.

I want to pass along a message to you: that's completely unrelated to stocks, and it's it's it's this. Why it's the compassion? It's the drive! It's the story! It's the saga right, you're, a part of that you're part of history you're part of a legacy being written, which is absolutely beautiful. I am, i take a lot of pride in that i really do and that's something i'm going to remember, probably above any sort of money i'll ever make and above any sort of uh freaking technical trend or dip or rip or any of that sort of stuff. Right, i remember the people the why the stories and the legacy that's being written along the way.

That's what i've got for this video, so blah blah blah blah blah blah drop it like whatever i want to do. My friends catch you on the next one. Much love light taps happy birthday to anyone else. That's uh june 21st kicking peace,.