Oh, what's up, what's up good morning, vietnam, welcome back to trace trades. Welcome back to the traders, podcast episode, 4242 baby. It is great to have everybody here today, uh, we are rocking cooking with crisco. It is a beautiful morning out here in fort sill oklahoma.

I wouldn't know i guess i haven't been outside, but nonetheless we are back here again to cover some livestock price action. My friends hope you guys are all doing well. Welcome to the 819 of you that are currently cooking with chris going rocking with a gorilla gang drop. Some girls in the chat drop a like on the video.

If that is all good and cool and gucci, my friends great to have you all here, as you can see, i'm drinking some water from out of my george dabia mug rocking my george w hoody got ta cook with crisco. You know what it is. My friends all righty today we're just gon na be doing uh some livestock price action covering some different stocks. I'll tell you what e-y-e-s, oh my god, i got ta tell you guys about this, so i was uh.

I was cooking this for a day trade and oh, my gosh. I got so freaking lucky rocking. With this thing. I did not have no idea that i was still holding a position and here we are uh in the pre-market and i'm up way more money than i thought was uh.

What i was going to be i i was actually scared crapless. I was like, oh my god. I can't believe that i left that trade open, but ears is also having itself a pretty solid day up to 5 22. So far here in the pre-market up about 52 eyes up about 60 right now, having a little bit of a sell-off right now dropping down to uh.

This level of support looks like it might get a little bit of a balance, but the pre-market volume has been insane. This is a very, very heavily shorted stock. That's absolutely crazy um, but that's it's it's nuts! It's absolutely crazy! I want to show you guys the numbers that we have here on um e y e s, so i'm just gon na pull it up here on fintel, and this strikes me as very interesting. This is very, very interesting.

So, let's just check this out. I was looking at this this morning and i've got a video. That's gon na be coming out relatively soon, but check out the short shares availability, it's at zero, holy crap. This is a.

This is a short squeeze potential stock. Yesterday was up a huge huge amount and we still had 82.5 million total short volume on that 26. Total short volume ratio, market volume of 320 million - absolutely crazy, guys holy toledo, and i know that people probably feel like they've got some fomo going on some fear of missing out right. But you don't need to necessarily get out of amc to get into a stock.

Like eyes or ears, or whatever it may be eyes and ears man, that's so good! That's goofy! That's such a funny little thing we got rocking here but uh. Nonetheless, i would not. I would not feel like you're missing out right and, if you, if you want to get into this stock, i still think that you can. I still think that you can but uh, don't distract yourself from amc right.

As you can see here, amc is still almost heavily held stock in my portfolio. I've got 2050 shares in this. I have not sold a single share of my amc in order to get into uh e-y-e-s. That's it's totally your guys's decision.

However, i really do urge you guys to be smart about the way that you play your portfolio. I got lucky in this, i got lucky just so you guys know i am using my webcam here this morning. Uh for this live stream, because my my dslr that i have the battery only lasts for about an hour and a half or two hours. So it's good for videos, but i need to get one of those batteries that charges that uh has has a charge plug.

So that i can charge it while i'm live streaming, otherwise, um! That's that's! That's just uh, not gon na be maintainable. So um. That's that's what we got cooking right now. So welcome great to everybody here holy toledo.

We got some gorillas hedge funds in line at the pawn shops - amc 100, 000 short at 12.2 percent. Let's take a look at the amc numbers here, really quick, get a quick update on how that is looking right, now, amc short interest, i'm just going to pull this up and take a quick peek at what this is looking at. Looking like. Currently, we had 17 total short volume ratio.

Yesterday i did cover this. In my video about 19 million, total short shares were pumped and as of 22 minutes ago, a 100 000 total short shares available. So this number is down in comparison. What we saw yesterday, i do believe that it finished off about 350 000, so we can see that there have been some short shares that have pumped in on amc so far this morning and it is holding up very, very well, not too bad.

My friends and family, my fellow gorilla gang drop some likes on the video as per usual. My friends, we've got a goal: every single live stream. We try and rock and rock and roll with this today the goal is gon na, be i'm gon na be here until about 8, 30 or so this morning, if you guys get this video to 4 000 likes by the end of this video. The end of this live stream.

We will be putting down a little bit of that cracking, giving another toast to the gorilla gang and the crew out here at trey's trades got ta got ta rock got ta rock with the gang so uh. That's that's what i'm looking at you guys wan na see that happen drop a like on this. Video really does help support the channel way more than you realize and uh. It does mean a lot to me beautiful, and i tell you what water tastes like nothing, but you guys would be so proud of me because guess what i have not had any coffee and i've not had any uh mountain dew or diet coke.

So far this morning, which is awesome uh, thank you pete for that super chat. I do appreciate it. The price dropped 28 cents on amc in the after hours, but showed more green volume than red so unsure. Why sending appreciation from the uk kraken is the bee's knees? Dude love, cracking absolute powerhouse guys if you're looking for stocks by the way i'll talk about in a second, if you're looking for stocks that have some pretty solid um potential today i would look at opgn.

I would look at eyes and i would look at ears. These are all going to be really solid, scalp opportunities. However, once we get closer to the opening belt i'll, give you guys an idea of what we're looking at. This is what i use in terms and in turn, uh for a scanner.

It's very simple! I look for stocks with a lot of volume. I look for stocks with a lot of turnover, so if you have a stock, that's on the top of this list or near the top of the list for both of these right, you can see that opg and is yesterday was on the top of that list. Today, it's having great great price action ears was not so much, but it was. It was in there right.

It was number four in terms of turnover volume not as high right, but it could change. You know at some point today so take that for what it is, my friends. This is what i'm looking at in terms of some day trades here today, when i do close out my position in eyes like i am planning on doing today, um, i am likely going to be keeping that dry powder, possibly scalping. Some of these other stocks like ears like eyes, like opgn and taking some of those profits and putting them into amc.

I tell you what i am currently up: six thousand three hundred dollars on e y e s, and i am very likely gon na put about four thousand dollars of that into amc going to keep contributing to the cause, because i do believe in what that stock Is doing now, am i going to buy straight out shares, i'm not entirely sure. Yet i am leaning more towards. Maybe i got one one. Third, two thirds split.

So a third of those put into options, two thirds into shares, i'm gon na be getting some out. The money calls but close to the strike price right close to market value. So i'm looking at like this 10 11 strike. That's 80 cents premium right now, per share, so i'll be 80 bucks and and uh 60 bucks for those 10 or 11 strikes right.

And then, if those go in the money you can choose to exercise those if you'd like or or uh, sell them for a pretty solid profit and reinvest the the profits back into the stock. That's either way you're cooking with crisco. My friends amc is up. 0.86 percent so far in the pre-market not a bad day eyes having a nice little bounce back, did bounce off that level of support right here at about 1920, very, very smoothly sitting at about 21 and 40 cents right now, early bird gets attendees.

You know what it is jojo. You know what it is: jay branch cracking and cherry coke is my drink. Oh yeah man, kraken is so good. I i like cracking dr pepper.

That's actually really really good, it's a it's! It's it's super tasty. You wouldn't think it, but it's like man, something about that. Barbecue water, baby, that barbecue water just takes great care of you great great care of you. Trey believes in amc stock.

He sold half of his shares already. He had over 1k shares man you're missing the picture. I've got 2050 shares right now. I don't know where this rumor is coming from.

People think that i got out of amc, but i have not. I have not. It is not the case. Pretty pc supreme says appreciate: all you do.

Trade plans for sends option so sends obviously took a really big dump. When we had that market correction and uh, i was not anticipating that. Nor was probably anybody else. So with that sense option, my intrinsic value on that is pretty much gone.

I mean if i, if i sell it, i'm looking at 50 bucks, maybe so i'm gon na hold it. I'm gon na hold it by the off chance that sensonyx does have a little bit of a bounce and it can recover so far. Today is up about three and a half percent, but there's just not a lot of volume there. They had great a great great earnings report, but it got slapped like nobody cared because of how bad the the market was correcting at that given time.

So unfortunately, it may be an opportu a chance here where these, these sensonics options, contracts that i hold might expire worthless and that's, okay right! That's why we use options as a supplementary source to fuel our investing and not so much as the meat potatoes, because if your options don't go well, you kill your portfolio right, so primarily with long-term investing. We like to focus on holding physical shares, and then we like to have fun with options so that it can be a supplementary uh. You know addition to our portfolio so take that for what it is all right killed. It says: how do you trade options and what is it i've never done it.

I've been trying to figure it out to do it or if it's worth it so, if you're new to options, i would say take some time at first to familia familiarize yourself right, because you don't want to get stuck. You know buying way too much of an option: uh and killing your portfolio so take that for what it is, but i'm going to use amc as an example. So this is very, very easy. We're going to give you three terms in the money at the money out the money.

These are the most important aspects. Besides, maybe the ask on on a stock and the volatility so in the money refers to a option contract that you purchase, that is below the current market value, so these are all highlighted in green on weeble. So if you look at the current market value of amc, it's trading at 9.38 cents, it closed yesterday above nine dollars, which means that all these options - contracts underneath nine dollar strike, is in the money. That's why you're paying a higher premium you can think of the premium, or this ask right here: the red, the red numbers.

That is what you would pay if you wanted to purchase these, so i could just click on this and you can see down here. It has the limit order, it says, buy right, you pay a dollar 12 per share, which will come out to 112 total for one contract at that nine dollar strike. Now, in the money calls you do pay more premium, because you're you're, basically locking in you're paying a higher insurance to lock in that security right, that's what you're! Looking at with these farther outplays, like you know, maybe ten dollars is pretty close to at the money. So at the money refers to a a uh strike price that is close to or at the market value currently and uh.

You know those will be kind of moderate in premium price and then out. The money refers to any strike price that is above the current market value. As the strike price continues to go up, you pay less premium because there's less chance of it hitting that that strike price. The implied volatility right going into the stock you're gon na you're gon na be looking at you're gon na need a lot of volatility.

Some sort of news catalyst in order to get that uh number up to that strike price. So you pay a lot less for the premium on these, but these can be extremely extremely lucrative right. So you can play do a couple different options here, right, there's a weight! Funny point: you can play a couple different options here. So in the money is a great way to kind of nickel and dime right.

You don't necessarily have as much upside you pay more premium, for you know your shares. It's a great way for me to average down right. So if you want to pay, you know for this premium, let's say: let's say it drops down to nine bucks. You know at a market open you wan na lower your dollar cost average and you're willing to pay.

You know two dollars and forty cents per share uh per contract, which would be two or four dollars premium, you're willing to pay that 240 premium to lock in that seven dollar strike. Maybe you think it's gon na come back a little bit uh or maybe you think it's gon na it's gon na go out a little bit right if you buy a seven dollar strike and it moves up to 15 bucks you're really happy that you paid that Premium because you can get those shares at that seven dollar strike price, which is huge, so you can play it that way. If you want to exercise that's what i personally do it's totally up to you if you want to get these out the money, the best course of action is to sell them and not exercise them. So let's say that you hypothetically got a 17 strike for an option and you decided to sell that right.

You don't really want to exercise unless, for some reason, you thought amc is going to go to 30 bucks right, in which case, maybe it's not bad. To exercise, but typically you're gon na make more money. If you sell your options contracts if it does get close to that strike price, so that's a quick run through i. I really should make a video on options that goes a little deeper into the the meat and potatoes, and i will down the road so uh we'll get into that and uh.

That's just a basic basic basic rundown. But a big thing to talk about is the time decay. So that's the last thing i want to talk about the longer that you hold an option, the less likely you are to come out profitable on it. So, in regards to time decay, i think a good good uh teaching tool here would be an options calculator.

So i'm just going to show you exactly what i'm talking about options. Profit calculator. So if we look at a long call right, that's bullish. We're just going to type in amc right here, get price and we're going to select an option.

So let's just say that we're clicking on that 19 march and you wanted to purchase a 10 option for a buck 15. uh. You can choose the stock range, but i'm just gon na. Let it automatically pick itself uh we're actually gon na bring this up to you know 15 bucks, just as you can see a better better range, so check this out.

This is time decay. So let's say that to date it hit 315 bucks. You would be up. You know, 420, on that single option, contractor 360-ish percent or so now, as time goes on.

That starts to lose a little bit of value, not as much so when you're in that 15 range right, because people are willing to pay a lot of money for that, but especially if you're not profitable or you haven't met that strike price time. Decay is a big deal and you can lose value on your options. Contract no longer lets you hold them. So that's why it's a good thing! If you're, looking at a like a long-term long-term stock for an option right to to set the date out a little ways that you've got time to play with that time, decay just so that you've got that in the back of your mind, uh! That's that's what i'm gon na touch on right now, but we'll get into that more so in the future.

Uh! That's what i've got for you right now, my friends, trey! Please make a video about options. I will do it. I will. I promise you.

I promise you all right hope they answered your question killed it. I tried to give you a pretty basic run down there. Edward smith, says: did you see the spike in hd after hours it shot up to 1455 around 6 42 pm uh central time, so i did see that i saw some screenshots. I didn't see it on my specific brokerage account, but i did see that happen.

Uh. It didn't pop up on my weeble. I saw it pop up to about 9.29, but i saw so many screenshots talking about it and i have no idea what that could be. I'm gon na be honest with you.

I'm always gon na tell you guys when i don't know what something is i don't know what that is, because i've seen that happen a couple days now and it's really really surprising because it doesn't reflect in the price action the next day. It's a little confusing. I'm not gon na lie to you, i'm not gon na lie. Wills says when we start squeezing, can the broker just do anything to stop us getting our money? I know they stopped people buying before they can stop is selling.

I don't think they're gon na be able to get away with that again. I don't think they get away with that. So take that for what it is take that for what it is, especially with what happened with um with um robin hood. I think it's a big deal to to realize that they're gon na be a lot of people that are watching this.

Thank you to devin. I appreciate that kay i have bought my shares with my own cash, but notice all are on margin on e-trade account. What does that mean? So that means that you currently have a uh, a margin account, and it's not necessarily a bad thing, inherently in and of itself right, but um. It does mean that you know, depending on how your account is set up.

You can have a one to one leverage, a two to one three to one four to one, but it means that your cash settles and you're able to trade that uh that capital or that liquidity pretty much immediately after you buy or sell into a stock. So it does help your your overall situation um in terms of speed, but you do pay interest on margin accounts so the longer that you hold something um, the the more interest you're gon na pay on that. Typically, your brokerage firm will be pretty transparent, they'll disclose to you how much your interest is going to be annually on a margin account so i'll. Just look into that i'll.

Just look into that jacob says hypothetically say: a squeeze does happen summer between now march 19th. What would a good strategy be for someone who owns uh june 18th 12 calls personally i would uh, i would take profits on them. I would take profits on them for sure. It's a great way to leverage your gains, and i like that.

You set them out for june. It's worth it to pay a higher premium, because you're locking in that security, you're, locking in that security and you're able to kind of play with time a little bit more. So that's that's my two cents. There man - hmm i'm debating on what i want to do here with eyes.

It could be a play where it gets a double bounce on that 19 level of support, and i'm in early enough on this, where i'm not really stressing my dollar cost average is 11.96. Currently, up about 5300 bucks 68, which is a solid, solid amount, but uh i'm curious on whether it's going to continue because what we saw yesterday, if we look at the price action here right, is it had this slow and steady run up into the regular market Hours and then it had a nice little push up to 15 bucks traded sideways for the rest of the day. I'm curious, if it's going to do that again. So what i'm seeing right now in terms of what we're looking at 15 minutes still trading over the 200mm, i'm going to pull up the v-wap, because that gives us an idea of what we're looking at.

You want to see a bounce off of that v-wap once it starts trading underneath the v-wop it is, it is then going to be a little more of a bearish territory, so we want to see that keep trading over the v-op. Otherwise, that means it's losing a little bit of momentum, so keep that in the back of your mind, if you are trading e-y-e-s, i do think it's gon na have some solid potential for a day. Trade um scalp opportunity, but i would not touch this unless you're a really experienced investor right. So just keep that in the back of your mind, if you do decide that you want to take a position in e-y-e-s, keep that, in the back of your mind, there's there's risk involved, nothing guaranteed about e-y-e-s, vortex, reported option sweeps and amc.

Yesterday, new section at noon, can you talk about that yeah i'll check that out? I think i'm on the wrong tab. Um here we go amc baby. You know what it is all right, so news section at 12.. Looking for it news, i don't know why.

I can't see it, maybe i'm just a silly chicken. Oh here we go duh all right. 12 o'clock leverage commentary end out of volatile amc, entertainment bonds, jump on equity upgrade. Is that what it is? Maybe it's, this 10 communication service docs? No, no! No gon na check back in here on this sitting on 1975..

Read this again option sweeps. So what i am seeing is this aims: entertainment bonds advanced to fresh highs. After wed bush, doubled its equity target ahead of wednesday's earnings report industries, media entertainment, reference companies, amc, entertainment holdings. I doubt that's it, i'm not seeing it man.

I got to be honest with you if you, if you show me a link or you drop it in the in the chat bar i'll check it out i'll check it out for sure um, they need a veggie and beef burger beef burger. That's pretty funny when the squeeze is happening. You go live immediately. As you see it happening to notify us.

I will do my best if i'm at work, there's nothing. I can do about that. I got to be honest with you, but if i'm not working 100 guarantee you, i will guarantee you, i will by the way i see a lot of people asking about this mug and i don't like i don't like uh. I don't like promoting my merch.

It makes me feel kind of guilty, i'm gon. Na be honest. I don't like coming off as a money hungry guy, but if you want to check out some merch, this is the website. Trey'sgurlergang.Com we've got a bunch of cool stuff in here some hoodies some t-shirts.

Um win an exclusive prize. You can enter that to get to to try your luck right, uh, women's t-shirts, we've got some face, masks, yada, yada, yada, some mugs posters. We got a not a dead cat sticker baby. We're gon na have a shirt eventually so watch for that and a george w drastic drawstring bag.

So if you want to check that out, go ahead, if not that's cool, i'm chilling all right ape love ape trade gme after hours is 218.. I saw that man gamestop is ripping right now up 11. What's what's really annoying to me, guys is not the fact that i don't have a heavy stake in gamestop. I have no fomo at all, because i still believe that amc's got higher short interest potential and short squeeze potential than gamestop because of the short interest on the stock right.

What's what's frustrating is that amc is not getting the love. It's people aren't waking up and buying in what's like look at this. This is crazy, gamestop trades for 200 a share and it's got 14 000 total shares being traded in that single minute. What do we have here on amc, less volume right? This is getting less volume and it's a cheaper stock.

That's crazy and it's it's it's insane because amc to me literally has higher squeeze potential. I mean you look at the numbers and it just it just makes sense. We look at this amc short interest. It's insane that the interest rate continues to go up.

We've got 100 utilization on ortex, at least as of yesterday. I haven't checked it this morning. Hundred thousand total short shares available right. Look at that short volume ratio.

Yesterday, 17 12.2 percent interest uh short bar fee rate right just crazy, crazy, high numbers. Now, let's look at gamestop really quick. I haven't looked at the gamestop share availability. Yet so i'm not sure what it's looking like, but i'd be interested to see if any of them have covered yeah.

So short, share, availability. 750. 000., that's way higher uh short volume ratio. Yesterday it saw about the same amount: 15.2 million out of 63.5 million volume.

Short borrow free rate, 2.65 percent - there's no pressure on these shorts to cover their positions right here. It's crazy, absolutely insane guys if you're just tuning in welcome to the gorilla gang. Welcome to the traders podcast great to have you here. The the stocks that i am watching today, outside of gamestop and amc, are going to be opgn e y e s and ears e, a r s eyes and ears baby uh.

These are all these are both great stocks that i think have some solid potential for some scalping opportunities today, if you are looking to do so, there is risk involved with trading, though so be cautious right, there's nothing guaranteed. I want you guys to know that right off the bat you do not, you do do not have uh anything guaranteed right, there's, there's technical setups and we try our best to predict things based off of technical setups. However, sometimes things don't go the way that you imagine uh. They will so just keep that in the back of your mind, uh ozc should swing trade like a mf like the rest of the week, lots of news catalyst coming ocsc, o z sc.

So this is an otc market stock um. So keep that in the back of your mind, you can't trade this on weeble not available, as you can see over here. There's risk involved with otc market stocks, but there's a lot of implied volatility as well. You can make a crap ton of money off of otc market stocks because they're so cheap right.

This is trading at 17 cents right now. I'd have to do a little more research as for what kind of news catalyst they have coming up, but you heard it from uh. You heard it from matthew. If you want to dig into that, it does look like on a technical setup.

Um, it's starting to get a little bit of a move here. You can't try this during the after hours or the pre-market, so keep that in the back of your mind but um. That's that's what you're looking at yeah chris evans! Thank you. Rasmus says straight you're telling me that your second most loved long-term stock, since all of a sudden, it's a dead cat.

What's the deal? No man, no, not at all, not at all since onyx, i don't think it's a dead cat at all. My i said my call options are likely gon na be a dead dead cat. I don't think i'm gon na come out on top on those, but my long-term investment on this right. I've got 631 shares here at a dollar cost average of 361.9 and my other brokers are kind of got about two thousand dollars worth of uh sensonics as well, and i will continue to add to this, because this is one of my high conviction - stocks there's nothing About that that has changed for me, i am i'm gon na keep riding it without a doubt.

Without a doubt, man where the heck am i i get asked this all the time if you're just tuning in, i am stationed at fort sill, uh oklahoma and i'm i'm here for military training and i'm not sure, maybe you're new to the channel. But i do have some medical issues with my eyes and my heart. I've been going to the cardiologist for some uh follow-up appointments for ladder infarctions. I have had heart attacks here in the past, which is uh, which is unfortunate.

You know for for being 23 years old and i also have bilateral anterior uveitis. Currently, my eyes are treating me pretty well, but i can't see anything so the pain is gone, the inflammation is gone, but the vision is still not intact, so it might take some time for that vision to come back, but nonetheless, that's why i'm here at fort Sill and i it sounds like they might end up medically recycling me as well, so i know that you guys have been trying to keep up with the uh with with the story and what's going on and that's currently what we're looking at right now there is A chance that uh i end up getting pushed to the next class, which is in june. So if that happens, i don't know what's gon na happen, yet there's two different options, so one that could keep me here at fort still and i could end up working a uh, a shop job which is essentially you know it could be. You know, accountability management.

It could be inventory management um. I could be in charge of social media there's a variety of different things. You know i'll be in and out of training meetings and just working with some of the different instructors or b. They might.

Let me go out to fort bragg in north carolina and i could settle into my house, and that is uh. That is a much better scenario for me. I would love to be able to do that. Uh that'd, be that'd, be a lot of fun.

I've really really been wanting to um get get settled in at my house over there. So we'll see what happens, i think my girlfriend be pretty happy with that. Uh i'll, let you guys know it ends up rocking, but for now i'm doing all right. You know.

I just i wanted to keep you guys up to date, but i'm drinking water. I have any coffee today, i haven't had any diet. Do no coffee, no do we're we're just cooking with crisco baby. I think i am going to take profits here on uh scent.

Not since sonic's eyes, if it ends up breaking below that v-wop, so i currently have 652 shares. I can always come back to this if it does end up uh having a nice move again, but i'm pretty happy with the amount of money that i'm up. So i'm watching to see if it holds over the v-wop right now. Currently it's testing it pretty strong, i'm watching for an engulfing candlestick pattern on e y e s to to close above, we need a green candle to close above that previous red candle.

We've got a little bit of a wick underneath this right here, signifying that there are some buyers trying to step in and keep it above the viva, but they are struggling a little bit right now, volume's not quite following through, and i would much much much rather Lock in profits and then get back in at a lower price, if it does end up uh, you know ripping again right. It's it's way better. I would much much much rather leave profits on the table than get caught holding the bag, because i wasn't paying attention to the live price action and what the stock is telling me. So, just watching that very closely here, i'm gon na try and monitor.

What's going on with eys, i do think it's got solid day trade potential, but only get into the stock. If you are an experienced trader, i do not want you guys getting burned. Please please, please be careful. I really do urge that more than probably anything on the planet so uh, if you end up getting into that stock - and it doesn't perform well just keep in mind that there are times that i've day traded things that i haven't made money so uh a lot Of risk involved make sure that you know what you're doing i'm gon na keep saying that over and over and over and over my dad went to fort bragg.

Actually so did mine. My dad lived at fort bragg for a long long long time he uh. He was a, he was a really good, dude really cool. I actually have my biological father was in the military for 24 years, and my stepdad he's he's passed away now, but nonetheless my father lives out in florida right now, very good guy, very good guy.

I am 23 for anybody wondering all right. Let's go back up here and read some more of these uh chats. Thank you. So that's! I hope that answers your question rasmus.

I always go on these long tangents. I apologize it's hard for me not to i just get excited. I try to. I try to help people out.

Tiffany says what do you think about a good entry point for opg and not seeking financial advice? Just your thoughts opgn, if you are gon na get into this watch for a uh, i don't want that. Ichimoku clouds! Um! I mean it's definitely testing right now. I think it's in a good opportunity, training below the v wap, though so, there's not as much buying pressure that is associated here, but you're, looking at a level of support riding at about 327 next level of support riding down here at about 3 14.. So, somewhere between this price zone, i think, is the safest bet it might not end up dropping down to that, though, so just be careful.

That would be my uh, my two cents, if you want to day trade or or swing it for the day right, there's there's a couple different ways that you can play that. So that's what i would say right now. My friend e-y-e-s looks like it's really trying hard to stay in this uh ascending uh, wedge formation right here, really winding up um riding riding this a little bit of a bullish flag formation. Honestly, i mean, if you look at this at a macroscopic perspective, what we have here is a large-scale bullish flag.

I mean check this out. I'm going to clear this off, really quick just so you can see it. We've got the flagpole right here, really really clean price action, really clean movement, and then you've got this flag right. So you've got this ascending level of support.

You've got a descending level of resistance, winding up getting ready to uh push above this descending level of resistance. That's what we're watching for right! Now, it's really going to stay above that v-wap, which is coincidentally right, where this uh. This ascending level of support is riding right now and that's what we're looking at right here, ears to give you guys a quick update sitting up about 38.6 percent. This is also having a little bit of a bullish flag formation, but it's a little it's a little less clean right.

We do have a triple bottom right here. George two george w is in the making, which is typically a good sign of an upcoming bullish reversal. I would say seven or eight times out of ten, that is a sign of an upcoming run and we do have a couple of good uh candle patterns here that signify that you might see it. We've got an engulfing candlestick pattern.

Here. We've got a two of those high closed candlestick pattern here and a two lows high close up soon to be. I would guess, and go up and candlestick pattern right here or soon to be so ears, also looking very solid, and we did just go over opgn right now, so hopefully you guys were able to pull some information from that. What price of amc do you think is a good price to get into amc if you're looking to establish or add to your position um, i do think it's likely.

You see it pull back. So if we look at this on a five-day chart, right stocks go up and stocks go down, that is, it is the way. This is the way right. It very well could easily drop back down to levels of support down here about 928 right if it drops below that where's the next level of support right around here at about nine dollars.

So, let's say somewhere between nine dollars and nine nine would treat you pretty dang well, uh you'd be sitting you'd, be sitting pretty good on that, in my personal opinion, of course, um that stock is so unpredictable. Technical analysis is 100 trumped by all the craziness. That's going on in the world right now all right been watching you for a while god that sounds creepy, no you're good man, but i think, if you're wisdom, you're kind of some wise health and happiness for you and your family. I appreciate that man.

It does mean a lot to me. That means a lot a lot, a lot to me. So oh yeah look at eyes. It's testing it right now.

It's testing it's trying to break that descending level of resistance, cursing at 20 and 30 cents. Right now, on e y e s, it looks like it's really trying to do it and if it does, we will let it ride if it rejects it very well could easily test out that v-wap again, which we do not want to see happen. Ogen. I see popping up in the chat here up over 65 percent dang.

Look at this thing rip holy toledo. I would not oh jesus. Ah yeah, don't chase that don't chase it you're gon na get into this wait for a pullback. What was the news enters into material transfer agreement with biodextrous for the use of mucosal adjuvant in its an intra intranasally copy? 19 vaccine? Oh man, that's filthy! That's dirty! Dirty! Look at that! Go so there's an opportunity for you.

If you're looking for an entry point, you want to scalp this be very, very careful, but you've got a level of support sitting about a dollar 32 another level of support sitting right here at about 1.43. So that's what you're looking at in terms of a price zone, i think a dollar 32 is probably the best bet, uh best case scenario here, looking at retracement. So far it's been very clean moves. I mean we look at uh.

Look at this retraced. 23.6 percent. Right, so that's nothing! That's nothing. In the grand scheme of things i see trip popping up as well.

Up about 19 must have also had news. Come out, looks like uh trit, inks, strategic partnership with western union business solutions, so that is also a stock. That's popping man, we've got so many stocks moving this morning, holy freaking toledo, guys not a bad morning for uh for the stock market. It's looking really nice and green, which is a great change of pace from what we've been seeing here in the past, not bad.

It's bob evans dude. I like that much love to the guerrilla game question how come weeble doesn't show the hard to borrow icon like other stocks, uh like sckt. If utilization is a hundred percent, i don't have an answer for that man i wish i did. I wish i did, but unfortunately i am uh.

I am a measly peasant there's, there's only so much that i know i'm a weeb, i'm a gorilla gorillas do not uh. Girls do not know as much as as i probably should, but i i've honestly never even heard of that. I do know if you click on you know short, it will tell you that it's hard to borrow stock and you may not, they might not have um enough stocks. If you do want to check it, you can click on short and sometimes it'll.

Tell you straight out that they just don't have enough shares so i'll, try this well, i don't have buying power for it right now, but regardless, if you want to test that out, you can definitely do so. I've seen that pop up on my in my own personal experience, so all right, inv, oh baby, how's that looking man every single stock in the market's just ripping jesus look at this wow dang see this is still a pretty heavy chase, but it's less of a Chase than some of these other stocks up 90 right now, man, it looks like these things can really start ripping pretty good. Look at all these stocks, ogen up 70 trit up 21 in vo up 90 sensonics, not doing much opgn up uh 24. I would say: opgn and invl are the safest so far, but don't catch a falling knife here.

I would wait for a level of support to bottom out. We haven't seen a rejection, yet we haven't seen it bottom out. I would say somewhere around 573 - it's probably where you're looking for that ogen uh, we already labeled those off for you. If you're looking opgn, we already labeled those out for you eyes currently riding in this bullish flag formation, really really trying hard to rip out of that.

But it's just not following through. Quite yet we got ta wait and see if some volume will fall through on that we got a crazy amount of volume that ripped on this in the morning. I'm curious what that short interest is looking like again, so we're gon na pull that back up just to see if that number has changed at all, pull that up and refresh the page short share availability still sitting at zero as of two hours ago. So not much has changed yet uh we'll have to wait and see what ends up happening, but it is really testing out that v wap.

So i think i am going to end up taking some profits on this and i can always re-establish at the bottom. If we need to do so, so i'm just going to have that cell order ready in case it does start ripping below there. It does look like it. Will man she's, really testing it, she's, really really testing it watching her clothes.

I want this to stay above. The v-watt, because, if it rips underneath that it could come with a pretty pretty rough move watching watching watching where's, my sell limit at i'm gon na set this for 19 just by the off chance that it doesn't have the ability to get filled got ta. Watch that pretty close all right check trip - i did just do that. Hopefully you're able to catch that here.

Really quick, yeah, i'm gon na take the profits, hopefully it'll. Oh, i didn't set extended hours derp. I forgot to turn on extended hours, so it didn't fill dang. Well, that's how she goes.

That's how she goes amc guys, we're gon na give you a quick update on amc here today, uh. Why i'm gon na come back to that. I want to watch that because i don't want to end up getting screwed on uh on that position that i have. I want to lock in those profits.

However, um amc not sitting too bad. I did a little bit of a sell-off here, but the candle wick. I like right, that's a huge hammer candle, it's called the shooting star, that's a good thing to see right there sitting about 9 and 40 cents up about 1.4 percent here in the pre-market now sitting at 9, 45 volume so far today, nothing crazy! Looking at the order book about an equal amount of buyers and sellers uh, nice even spread across the bid, some pretty big walls on the ask - and this is more typical of retail investors - not so much institutional institutional investors will typically block out a couple hundred per Cent so they can ladder the stock down, and i do think that dtcc rule is a big player and why amc is uh holding up pretty well now, it's at a great couple of days, as has been doing very, very solid. So that's what we're looking at right now for that stock and i am going to close out of this position so guys bear with me.

I do just want to lock in these profits hope that you guys understand, locking in for eyes sitting at uh 1971 selling them taking that profit. So i made a good five grand on e-y-e-s here today, not too mad about that baby. Good little morning, we're gon na watch some other stocks as well. I'm gon na keep my eye on uh invo, see if we end up getting some nice uh price bounce off of that uh and then oz sc, we'll keep our eye on later as well.

Opgn. Looking like a good entry point, it's still gon na be around that 326 range i'll watch eyes again here in the future, but i do think it is going to sell off. Since i did break that uh that's v and i can always re-enter into that once it reaches at bottom uh. If i'm wrong, i'm wrong i'd rather lock in the profits and leave a little bit on the table.

If that is the case ears, i'm also watching ears, volume is dying down a little bit, so you got a little bit of a decreasement of volatility. This does look like it might be a little bit of a falling knife. However, we'll see what things? What what happens when we get closer to market open, my friends so taking profits, is always allowed guys. I appreciate that i'd always i'd rather lock in profits.

If i leave it on the table, that's fine. You got ta, you got ta, look at investing as a long-term game right, so you're using short-term aggressive strategies to capitalize on a long-term game. So what what happens sometimes is if you get too greedy right, you're gambling you're at the casino. I would much much rather play it by the books and watch what the what the charts are telling you, because you know if we break the view off, it usually comes with a pretty hard sell-off right.

So maybe this time i was wrong. It's it's not. We can't know for sure, however, it's testing now this v-bomb is acting as resistance, so it ends up selling off right. I made the right move if it doesn't well, that's okay! I can always get into other stocks.

There's gon na be other stocks that are moving. You know throughout the market here today, so i'm not stressing out about that. I can always get back into eyes based on different things that are happening so love the energy. Can you check out ogen, hopefully you're able to catch that by the way, guys, if you're, just tuning in if we get this video, this live stream to 4 000 likes um by uh? If we give this video the 4 000 likes by the end of the live stream, i am going to be taking a rip of kraken we're going to take a rip, a crack and we're going to give a nice toast to here to the gurley gang in The community we try to do this.

Every single live stream to celebrate everybody that takes the time to uh rock, with the gorilla gang to cook, with the crew right, we're cooking with crisco all the time and uh. If you want to see that happen, you want to take. You want to take a rip with me. That's the way that we make it happen, my friends, so i do appreciate everybody here.

That would mean a huge huge amount to me. Thank you for everybody tuning in right now to the traders. Podcast episode, 42 cam we've been going for that long guys. Man time flies all right guys.

I am so proud of myself, not even drinking, not even drinking, not not even drinking coffee or uh, or do sos. So i have covered this in some previous live streams. Sos to me is not a good long-term investment. This is a good one to ride momentum on.

So, if you want to ride this, for momentum for a swing or a day, trade feel free to do so, but i'm not going to touch this for a long-term investment. Personally, honestly, i should just make a video and talk about this because i don't feel, like everybody watches my live streams but um i just i could be wrong if i'm wrong, i'm wrong right, there's always going to be other opportunities out there, but i'd rather err On the side of caution and stay away from sos as a long-term investment, if you want to ride momentum on that feel free to do so right, there's definitely opportunity there, but uh. I'm i'm just gon na be cautious. I'm gon na be cautious watching ears watching eyes watching opgn here this morning.

Got amc rocking as well. Gon na be watching for a buy zone in the nine dollar range. To add to my position. There you'd be drinking rum, though you know what it is man.

You know what it is all right good morning, brother. Let me let me scroll back up here. Can you reiterate, i believe you said if we don't uh, set a sell limit price that there's a chance. Our accounts get liquidated in event of a squeeze, so i didn't quite say that right, i said if you, if you, how do i, how do i word this, so my account got liquidated because of um liquidity and collateral issues by fidelity right, that's what they claimed.

I was on a one-to-one ratio. I had. I was playing with settled cash right, so there was no reason for a margin call, because i wasn't playing on house money. I wasn't leveraged and my account got liquidated because of that um.

I don't necessarily think that, because, if you, if you don't set a settlement price, there's a chance you're getting liquidated, i don't think that's the case. However, with the squeeze, what setting up sell limit price does? Is it forces the the buyers right the shorts when they cover to buy back stock at that limit price that you are setting? So, hypothetically speaking, if every single person that was holding an amc position right, they all set their sell limit to a thousand dollars. Then you would have no option, if you're short, but to purchase back at a thousand dollars, because that's all that people are offering it to you for it's supply and demand. Obviously, we're not gon na get every single person on the planet to do that, but if it did happen, hypothetically speaking, you could have the stock hit a thousand dollars, two thousand dollars, five thousand ten thousand, which is why i keep saying that we really need the Volume to push this because we're not as unified as that volkswagen squeeze that happened back in 2008..

That was just two unified forces right. You had you had uh porsche and you had the german government. They worked together to make that happen. So um you're, really gon na need some good good volume to pump in this, since we don't have that unification uh, which is a big big piece of what goes down in these squeezes, so take that for what it is.

My friend hope that answered your question. Watching socket watching uh, oh z, not always the sc opgn opgn, i'm not looking at the volumes dying. I really want that volume to stay around and it's just not there right. Now e y e s up 71 percent still hanging around that v.

Uh looks like it: it's trying to hold that pretty strong, but it's not quite doing it yet obgn, not mining. That trinity has a little bit of a george w, starting to form up here. Um riding the setting level of support volume is pulling back a little bit. I think i would consider taking a position here for a quick scalp if some more volume steps in here, so they announced that partnership with western union business solutions, which is pretty huge.

This could be by the hype selling news play, though we got to see how the market reacts to that right. So i'm watching to see how the market reacts. Ears, like i said, volume is pulling back a little bit. Opgn volume pulling back a little bit eyes.

Volume is still sticking around, but i'm okay, that i locked in the profits i'd much much rather walk away with profits and get back in, as i mentioned before, all right reading from john feels also not advice, but can you let us know where, where you set Your limits at for now so weeble is pretty particular about what they said, which you set your cell limits at. So what i would suggest is if you're gon na uh watch amc right. You wan na set a sell limit to adjust it day by day by day, because you can slowly do that right. So if a stock starts to squeeze and it starts running up really really really hard and it starts ripping um you can.

Gls is ripping huh um interesting, look at that and pc as well. Sorry, i just stopped in mid-sentence there any whom jesus christ - these are heavy chases. I wouldn't buy into these right now, but anyways um adjust or sell them a day by day by day. That would be my two cents there um.

I know that some brokerage accounts are gon na, be pretty particular about how they, how they, let that rock so just keep that in the back of your mind, regains nasdaq compliance. Why is this ripping? Does anybody have news on a and pc? What's the news on ampc? What is the reason this is ripping so hard jesus christ, so many stocks are going crazy right now, look at gls. I go wow jeez 44.81. I'm debating.

I want to watch for a pullback. I'm going to pull up a multi chart. I want to watch a couple different stocks here, so i've got the multi chart pulled up. I'm going to watch uh glsi we're going to have amc pulled up here as well.

Oh, i've got to change this set as a group, 2., three and four and we'll just watch all these side by side got a trade button pulled up here. Adjust this meet him somewhere in the middle. Just give me one second, my friends, my family, and want to extend this a little bit, so we got more room to read there. We go.

Let me know if you guys like this. I know it's probably a little bit harder to read, but it makes it a little bit easier to watch a couple stocks at the same time. So i'm gon na watch gls. I'm gon na watch uh come back here to stocks.