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A very brief and quick update on what's happening with AMC
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Hope, you're all having a fantastic evening, guys i'm gon na keep this sweet. Simple short to the point: uh cookie, crisp cereal type, stuff uh, give you a brief update on the ticker on amc right. I i went to the doctor. I had a live stream earlier today.

I know some people are asking i'm doing fine. I slept a good amount on the date uh, but i did catch some minor bacterial stuff. So i'm on some antibiotics we'll get we'll get rested up. Do we got to do, but i want to give you a brief update in terms of what amc is doing, because i do think uh there's potential that this today was a set up for a very small pullback bull trap, it's possible right.

I want to put that out there, because i do think that is something that you might see happen. You might see a minor pullback and i want to prepare you for that, just based on the fact that it did show up on the charts here right. Uh. Take the emotions completely out of it.

We look at this as if it's any other ticker you look at the chart. What do you see here flat top potential breakout of the flat top, and then this top wick right here essentially indicating a false break in the very short term in the last couple days over that specific flat top now, if you were to take away all this Stuff it'd be easier to see, but to wrap this up. Very simply, this big red box right here on the top is the supply zone it tested out that supply zone after knifing through a previous supply zone rejected. Now it's hovering on this flat top trying to hold that specific level.

So i'm going to give you two different scenarios here, get you on your way, keep this nice short, simple, blah blah blah blah blah. You know whole spiel here i see two different things happening right. It needs to hold this flat top area for me to feel as if this is not a false uh breakout right. What do i mean by that this level right here, 30 and 24 cents? If we stay above that level into the open tomorrow, perhaps you see a gap up uh, perhaps right at the open.

It starts moving again right that to me, i feel a little more comfortable with this not being a bull trap. In fact, that's the only reason that i do believe uh. You may see a continuation heading into tomorrow if that's something that you're interested in watching uh, but if it breaks down beneath that 30 24 level. I do think there's a chance that you see a slight retracement heading into tomorrow, and i do think that uh, that specific spot would be between these two green lines right here, i'm gon na level this out for you just so you can see it uh.

That would be between 28, 78 or so and about 29.50, and the reason i have those two specific spots mapped out is because of the way that they retrace and the way that these are respected in the past. So if you look back on previous price, actually these two green lines uh our respond, which you typically see a quite a bit of channel bound trading. It also you know if you swing back here. Quite a ways is where you see some rejections back to the upside, and i think that you would see a pretty similar translation further out uh as in ie tomorrow.

If we're to continue on that sort of path, you can see that it's respected pretty decently all over here right, a little bit of chopping. There uh you get the same sort of chop right here and in right here, right uh, so that's where i think you're! Ultimately, gon na pull back to it. This bull trap does come to fruition. The way that i'm watching personally to see that we do not end up getting that specific bull trap, as i mentioned before, they hold over this flat top that it is currently trying to hold on to it about 30 and 25 cents.

Or so. If we do end up holding that runs into tomorrow, that's a bullish option right, something that i'm personally watching for is a retest of this supplies on about 31.70, the top of that box being at about 33 28 and a break over that to me is a Pretty critical spot in which you can see those high 30s come pretty uh decently, quick! So that's what i'm watching for keep this nice and uh simple for you guys we'll get you on your way and i'm probably gon na do a little bit of a little bit of sleeping so i'll catch. You guys all in the next one, much love! As always, light taps uh come back. Peace.


By Trey

24 thoughts on “Bull trap?”
  1. Avataaar/Circle Created with python_avatars Markiemark says:

    The shorts are stuck. They are just ping ponging 🏓 shares back and forth. Up one day and down the next day to frustrate the low hanging fruit 🍌. They can’t afford to raise the short interest beyond the 20% or else they will get vaporized. It’s a matter of time before we get paid. 🤣

  2. Avataaar/Circle Created with python_avatars Divided we stand together we fall…. says:

    Yo TREY I JUST GOT MY SPIDER-MAN AMC NFT AND GOT #3 of 2100. Is that good?? Lemme know it’s my first NFT. No clue what to do with it. Thank you.

  3. Avataaar/Circle Created with python_avatars Devon says:

    Trey: Possible bull trap ahead
    Every other amc YouTuber: WHY AMC IS ABOUT TO EXPLODE THIS WEEK

    Thanks for always being real with us Trey.

  4. Avataaar/Circle Created with python_avatars Solace Benjamin says:

    Despite the economic downturn, I’m so happy ☺️. I have been earning $50,000 returns from my $10,000 investment every 13 days.

  5. Avataaar/Circle Created with python_avatars tubeytubby says:

    Wow Trey, your prediction today turned out spot on. Bull trap day. Have you been talking to Kenny G?

  6. Avataaar/Circle Created with python_avatars K P says:

    You nailed this DD. That’s exactly what it’s doing today

  7. Avataaar/Circle Created with python_avatars Aaron Hunter says:

    “A mob rescued the world’s largest movie-theater chain from the edge of bankruptcy. It turned out to be only the first act in an improbable story that made this year in American business like none other.

    More than four million people joined forces to put billions of dollars into AMC Entertainment Holdings Inc., staking their money on a company so battered by the pandemic and competition from streaming entertainment that Wall Street investors had bet big on its imminent collapse.”

  8. Avataaar/Circle Created with python_avatars Markiemark says:

    Still holding AMC. Bought 3 tickets and saw Spider-Man at AMC. Not a Spidy fan but awesome movie. Popcorn and apple juice. Movie theater was packed. The shorts are still playing their stupid games. We can wait. It doesn’t cost us anything. The next spike will happen and the shorts will get vaporized. I want all their money!

  9. Avataaar/Circle Created with python_avatars Carlos Martinez says:

    Me ape me like stonl me no understand me buy 🦍 💎

  10. Avataaar/Circle Created with python_avatars Alpha Life Aesthetics says:

    You were spot on about this. Currently trading at around $29

  11. Avataaar/Circle Created with python_avatars Justin 💎 BALLZ OF STEEL Strong says:

    Is the bacterial thing from Ken Griffin fucking us? If so I need to go to the doctors.

  12. Avataaar/Circle Created with python_avatars MrJohnnyLondon says:

    Thank you ONCE again!! Unstoppable! Cheers Brother!

  13. Avataaar/Circle Created with python_avatars Zainab Ali says:

    Hello what's the best way to get started with trade cos I've been making my personal research for a while now

  14. Avataaar/Circle Created with python_avatars Slitterbox says:

    honeslty looks like were about to dip to complete a inverse H&S on day chart imo. Got to dip to complete it. NFA

  15. Avataaar/Circle Created with python_avatars Michael Jordan says:

    Trey, why are you still on the lines nutz? It's clear that this is going to be a managed squeeze done by the government (GG/SEC/DOJ) so watching the line go ⬆️↗️➡️↘️⬇️🔄🔄 is worthless. Oh wait, I know why your continuing to do it….you want the 👀👀👀 and the $ from the apes! Thought you were better than this. You were the first person I subscribed to after watching several others and then you seemed to lose your way or I just finally saw through your act. Shame shame

  16. Avataaar/Circle Created with python_avatars jef jef says:

    Fellow apes, expose the truth about AMC at the Christmas dinner table! Tell it to your uncles and aunts, your granny and grandpa's. The majority of the AMC retail is still from the millennial generation in my opinion. Imagine what kind of jump it would make if we can convince the boomers! If every ape can convert at least one or two at Christmas… it will go to Orion!

  17. Avataaar/Circle Created with python_avatars Gerardo Urvina says:

    MORE NONSENSE OUTTA THIS GUY THEEEE LINE HAHAHA GTFO NO ONE CARES AT THIS POINT …

  18. Avataaar/Circle Created with python_avatars Chris Hamlin says:

    Good video. Not sure I believe in any TA or fundamental data though at this point.

  19. Avataaar/Circle Created with python_avatars Martin Miesi says:

    Light Taps Ook. Recover well and quickly mucker

  20. Avataaar/Circle Created with python_avatars OSMAN BURLINGTON says:

    Maaaan….what happened to the gamma squeeze by the end of the year?

  21. Avataaar/Circle Created with python_avatars Lucas Thomas says:

    $300000 just in two weeks EVELYN ALENE RHINES you are so amazing.

  22. Avataaar/Circle Created with python_avatars Edwin Ochoa says:

    I just don’t understand why you’d still analyze the heavily manipulated AMC chart. Give us some DD or something worth looking into

  23. Avataaar/Circle Created with python_avatars Eulises Flores says:

    Feel well gorrila, don't underestimate how much these small updates mean to me. Thank you

  24. Avataaar/Circle Created with python_avatars MrOT says:

    Thanks for keeping it real. We have a 90 percent retail hold. Apes know what’s up.

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