I use the pillow because i know you guys get mad at me if i just freaking beat it. I just beat on my chest, so i wanted to you know, give me a throwback on my my desktop background cause i used to drop on microsoft. Whiteboard. Quite a bit, if you guys want to see the return of the freaking whiteboard art feel free to.

Let me know we can make that happen. What is up? Everybody welcome to trade streets, real quick and talk fast and adopt cats. Baby. Look at your property say that i'm not a financial, advisor or expert so take what i say: the greatest salt, let's get into the video.

So today, my friends, my family, my fellow girls, again we're giving you the update on ticker symbol. Amc here i don't know if it's gon na come out tonight or if it's gon na come out tomorrow morning, my computer lately has been taking like eight hours to render stuff out, but regardless it's going to be relevant information, so we're giving you the ortex data Short sale, volume, percentage ratio, technical analysis and just give you kind of the synopsis of what i'm expecting in the short term, so that you're mentally prepared for that, because, if you're mentally prepared for war for the things that come with war, it makes it a little Bit easier to endure the process, if you are a conviction holder in the squeeze in the apes, in changing the stock market, yada yada yada, you know how this story goes so without further ado baby. Let's get into this bad boy, we're gon na start off here with not kong but uh the ortex data. So what do we see here today? Short interest changed by about five point: six: six percent from the downside, leaving us at about estimated short interest to fourteen point three percent: i've said it a million times, which is 85 percent of the exchange reported data, which means that this is likely a conservative number.

It could be 15, 18, 20, 22, 25, but we use 14.23 not considering or naked short sales, not considering any sort of or delivers or any sort of high frequency trading. Any malpractice, any sort of collusion they don't quantifiables even puts right puts, can be considered short interest that doesn't take into the equation right because puts and cause both get hedged and unhedged with the amount of derivatives which is basically just option activity on the stock. There's a lot of vaulted moves and you can break a point over like a significant level of support and resistance where you have a lot of calls or puts so with that being said, what do i think happened? You're right 5.66 percent change, i'm just going to walk you through what the charts look like here. So since this is a two t2 system, meaning the truth covered positions, you know two days before they are reported.

That means that you may have seen some of these short cover positions down here when it ran from 37 all the way up to 40.53. However, if you look at the total change, return shares is 5.89 million. So that's not a lot of shares to get that sort of push. I mean it's just based on the data.

That's reported. This could have been mal reporting who knows, but i'm gon na, take it as the baseline of hey. You look back two days ago. You did have a couple of green candles where there was some nice push right, but that's kind of what you're seeing happen right here.

Is this shorts covering their positions? No, i mean in the grand scheme of things, that's a percent difference, maybe a percent difference. I mean it's really not a large difference at all. It's just doing the back and forth back and forth back and forth. It's a reminder of this.

Just look at the overall stock chart right. The short interest chart that you have here. It is got a nice climb, all the way up to 15.36. So now it's down about a percent or so down to 14.23 still on an overall incline is still going up.

That's part of the journey right. It's not going to continuously just go up every single day in terms of short interest and a validation of that as a utilization, 91.17 percent still up one percent from a week ago. You still have 98 million total shares on loan, which is not a large difference. So just keep that in the back of your mind, that's something to consider and you do have a free phone law that is higher as well.

I've seen this before i'll, probably say it again: we've seen a discrepancy between the free flow and the short interest in the past, which could just be shorts that are not being reported as shorts, but only as shares on loan. All in all, take this with a great assault. Obviously, but this is a trend, not the hard absolute truth, and i think everybody knows that, but in case you're new to the movement. That is something to keep in the back of your mind, so the data should have volume percentage ratio.

This is 44, 40, 42 and 39 in the last four trading days, which just indicates that you're seeing an uptick in overall short sale volume. Does this matter the grand scheme of things no, but does it help explain some of the price action that has happened over the last four days? Yes, it helps as a reminder to watch the data to validate the conviction that you are holding the stock right. It's hard to just have blind faith in something, but if you've done your research, your due diligence crunched, your numbers figured out the absolute bottom line, conservative estimate of what's happening with the stock. You can ease your mind because it helps prove your conviction.

It proves to you that there's shorts in the market, it proves that there's a lot of things that are happening. On top of that, i really would highly consider if i was in your shoes, do what you got to do right, taking a look at the due diligence behind what happens with naked short selling, what happens with failure to deliver when those situations happen. Why this stock is so hotly talked about why this is probably the hottest commodity in the stock market. The most talked about security in the stock market.

Think about all these things when you get into the trade, because if you understand them, the price is psychological you're going to hold true to what you believe in? If you truly believe it, if you have conviction in the stock, that's your decision to make. I can't make that for you. I can't give you conviction in the stock. I can lay out some guidelines, some things that i would watch for right, but ultimately that decision is yours.

So with that being said, let's get into the technical analysis. I'm just gon na give you a brief rundown of what this is kind of. Looking like right here, because there's two sort of scenarios that i see happening right now, i don't people right, charts or charts. Technical analysis does play a part and i've seen this argument before right.

I've seen the arguments of well trey if there's so much naked short selling, high frequency trading failure to delivers collusion within the markets in the media. How does technical analysis matter, but the thing is that you can think of technical analysis having priced in all of these malpractices that take place within the stock right. Think about that. If this has been happening for months and months and months, it reflects because technical analysis is psychology of how a chart is being played.

That's exactly it! It's how it's a psychology of how it's short and how a stock is playing out before your very eyes, which means that all these things are getting priced into the technical analysis, giving you a trend, giving you a guideline on what you can expect. If these things were to continue happening down the road, so with that being said, there's two scenarios here: you've got to break underneath this ascending level of support, which means you could see a free fall down to test this 31 dollar level of support. I'm going to give you the worst case scenario. First, in the very short term, you could see a recess of 31 if it breaks underneath that 31 level of support i've drawn out the box here, buddy how you doing oh titan, you're, good kitty, you good feisty cat, you good kitty, i'm just glad you're, not Playing with my computer chords go play on your tree, but anyways i've drawn up a box here what you can kind of expect on the chart here, so if it does get a break underneath 31, this box is coming from a gap.

So what is a gap up in terms of technical analysis? Well, you have here essentially a large move that happened from 12, all the way up to 36 and the most sideways train that you got in. That range of time was right here. This is the most foundation, the most groundwork that you've got in terms of technical analysis is down to about twenty five dollars and fifty cents. So if you were to get a break underneath thirty one dollars, you're trying to average on your position, i challenge you to think about this.

In two ways you can look at it as unrealized losses, or you can look at it as an opportunity to buy the stock for cheaper, because i will say this: every single time review door actually made a good point. Today. I watched this video and i thought this is good to pass along as you trade it sideways between nine and fourteen dollars for months literally freaking months. I mean this is the exact same thing that you watched happen back here when you're trading sideways and doing this boring stuff between eight and fourteen dollars.

Right, it's a part of the process. It's a part of the journey and you're watching it happen before your eyes. So if you want to have a down here position, there are people that bought it 25 way back in the day and it dropped all the way down to five dollars. Think about that! That's un! That's insane! Unrealized losses! That's brutal! That's freaking! Tough! If they average down they're up a pissed ton of money, so it's an opportunity.

If you have high conviction, that's your decision to make think of it that way, if it breaks underneath 25 dollars, you've got 1989 as the next overall level of support. Second case scenario bowl case right. What you can watch happen, is it just bounces up off of this? Overall, it could have been a false breakdown right. It's entirely possible a false breakdown, underneath this ascending level of support to ultimately reclaim and continue on this trend of higher lows, higher lows higher lows, because it is technically still setting higher lows.

Let me just show you this really quick, because you have a low right here at 31, 32, 35, 36 and 35. So it's very very close, but nonetheless that's what you're watching for is an initial reclaim of that overall, high or low sort of scenario to continue the rips and consolidations rips and consolidations. So what you want to see tomorrow to see that bowl case? This is how you will know so get a rip and then maybe a little bit of sideways trading. Ultimately, within the first i would argue half hour to hour of the day, you're going to be able to tell if amc is going to have a green day or not.

And if it's not it's another red day, either a step away from the screen or b set a price alert. That's that's my two opinions on what i think is going to give you the most clarity, the most peace of mind, to watch this overall stock. So bold case, like i mentioned you just want to see that rip consolidate rip consolidate rip consolidate. This is the sort of thing that brought us from 14 all the way up to 72 part of the journey part of the process.

The price is psychological. If you have conviction in what you hold, remember your, why remember the conviction? Remember all the due diligence, all the research, all the numbers, you've crunched on this stock, it's going to make it 10 times easier! Think of it like this, don't look at it as holding the stock view. This is a high yield. Savings account right.

This is money that you're not going to get back for a while. If you set a timeline, you have to pay your rent by a certain amount of time. You've got very short-term expiration options, you're looking at this the wrong way, because nobody can tell you, nobody on planet earth can tell you the exact day or month or year or whatever. It is right.

You get the point here. This is going to happen just view it as a savings account or a roth ira or money. That's just pissed into the abyss until things come to fruition and that's what i've got for this video, so blah blah blah blah blah blah catch you i later at that, usually it's that was a little extreme. Oh man, light taps, always lights, apps, always much love and peace.