Oh, hey, didn't see you there welcome to trey's trades where we talk quickly and eat subway frequently. How are you doing baby? It is your boy trey from trade trades coming back again for another freaking video i'd like to remember to say that i'm not a french advisor or expert. So please take what i say: the grain of salt. Let's get into the video today guys i'm rocking a freaking nice hawaiian shirt.

I picked this up before i went out to miami for the weekend just to hang out and uh. You know you know the deal. You know we always wear those freaking deep v cuts. I know i've got my collar pop kind of goofy, but i thought it'd be funny, so whatever we're gon na give you the amc update here for the day and uh we're gon na go over a couple different things we're gon na.

Do the technical analysis give you the ortex data, the short volume percentage ratio? I also want to go over. Stockholm. Tracker shows you. The call options are currently in the money about how many shares are available.

To borrow all this, you need to know take with a grain of salt, because this is just reported data. This is a rough estimate and i think, a pretty conservative estimate, but it's important to consider because it gives you sort of an updated idea of the trend of where the stock is going. So we're going to keep this nice short swim, simple, sweet to the point. So you can go on with your day, so, let's just get into the video now.

The cool thing that i've noticed here is that the ortex data you've got two things that are starting to go back up. Actually, three things: the shares on loan is up to about 97.87 million shares, which is a three point: five, seven percent change from a week ago. Now this is interesting because if you look at the short interest data or the short interest is only up about two point - five, three percent - meaning that the shares on loan, which is essentially not necessarily shares that are shorted into the market they could be. But it's essentially what lenders have out on loan and these people, who, who lent out the stock and are holding the stock, are just holding it and or shrinking it into the market.

So i bet you there's a little bit of discrepancy between the short interest and the shares on loan. This is something that has happened in the past, and orthx has actually had to correct the short interest of free flow, and you can see it with these huge spikes, so you had it from 13.7 all the way up to 18 there's like a four percent sort Of differential here in terms of what was actually happening with the shares on loan on the short interest estimate, so once you get that updated fender report, the last one was on the 26th of uh july you're gon na have your next one come out here. Another two weeks i'd be interested to see what that number actually looks like but 15 short interest, nice conservative, 85 exchange reported data. I wouldn't be surprised if it's higher than that, but we have to give what the table gives us.

We have to take what the table gives us and just use that as a floor very easily could be 20 25, 30, 35 40. consider naked shorts, they're into delivers and or any other sort of synthetic shares that are out on the market. That should not be there, but that's pretty interesting to see as well as utilization starting to go back up as well. 89.83 percent 2.93 change.

Now i'm going to say something that i think is important. That's not very highly talked about, and it's that the last time you saw huge squeezes up on the stock. You saw that the utilization was maxed out. The utilization was super super high.

It was at 100 for a very long, prolonged period of time. We got that push up to 72 now, there's no such thing as coincidence in the stock market. I think that everything happens because of some sort of turning point pivot point or anything. There's there's causes to everything so to see that next huge push up to 77.

You know beyond you're, going to want to see that utilization go back up, because that creates pressure. It creates a lack of supply which is going to increase demand. Now the odds of naked short selling happening when utilization is not maxed out is to be very blunt and very simply, you know, put not very high, because you need the utilization to be maxed out for people to want to create supply, because if there isn't supply You either have to pay the extra demand or create supplies to lower demand, so probably not a huge amount of naked short selling taking place right now and you're gon na see more of that happen when the utilization is maxed out like this period of time. Right here i bet you: there was a piss ton of synthetics that were happening in that 100 utilization range.

So as we continue to inch closer and closer and closer to that 100 utilization zone, that's going to be a good thing. You know. Are we going to see some sort of huge massive push up to? You know 70. 80.

90. 100 bucks in the next week. It could happen right, but there's there needs to be that slow, build up and that's the phase that we're in right now. That utilization is going back up shares.

The loan is going back up short energy is going back up and you're, starting that slow, stair stepping up right, higher low higher low higher low higher low. Just like we talked about in the last amc update video. Now i want to go over stonco tracker here, really quick. He just loves playing in the cat box.

I don't understand you titan you're such a goofy cat. Why are you playing your own, originally stango tracker, really quick! This is a pretty interesting thing to see. The shares available to borrow is actually pretty decently low, so there is a lot of lenders that are lending out stock right now and i think that number is actually starting to increase, because that shares on loan is so high. We're going to come back to this, you can see there's 94 uh, 97.87 million total shares on loan, but only 76 million total current short interest.

So, as that number continues to go up, the shares on loan continues to go up. There's more availability for borrowing which is going to increase that overall stockhold tracker number right. The total shares available to borrow at any given moment in time and keep in mind too that this is just a trend. It's not the exact number i can guarantee you nearly guarantee you there's actually less or more shares to be able to borrow just based on the fact that this is reported data, and we know just look up inner reports.

There's a whole bunch of out there in terms of what's actually happening. They get slapped all the time. You look at the distress cell volume percentage and it is just kind of flatlined right. It's doing a little bit of this training sideways outside of this little bit of a parabolic bump up to 57, 55 and 55.

You got 40 from 39, 40, 42 and 42 in the last four trading sessions, so kind of doing that back and forth sort of that flat line sort of baseline zone, and i think the reasoning for that. Look at the last four days we're in this sort of turning point right, so you've got this pretty massive sell-off in the last. You know, i would argue, between the 29th of june, all the way down to about the 15th of july. You got to sell off right.

That was pretty harsh, i mean if you want to look up a short ladder attack. You want to see what picture-perfect high-frequency algorithmic trading looks like it's this, that is, the most stupid, unnatural sort of price, move that i've ever seen and after we got that pretty solid technical bottom out here that 32 mark, like we were talking about now, it's that Turning point right: it's finding that comfort zone between 32 and 40 bucks. You got that nice push up to 45 and until it gets out of this sort of pendant formation that we're in right now, it's gon na do that training, sideways stuff right, shorts, don't know which direction this is gon na go yet same, as i'm sure some Long's out there, some of the apes don't know which direction this is going to go yet. So i anticipate you're going to see more shorting as this continues to go up in price.

You have to keep in mind that shorts have less the gain the lower the stock price goes. So they're probably not attacking this as heavily as it is right now, there's more to gain for them as it gets higher in price, which also increases how much there is to gain for the apes as the price starts to get higher. So that's kind of what you're looking at right there titan. You want to know a little story about this.

I love you dude you're such a little goofball. I don't even need an alarm clock anymore, because this freaking cat he'll always wake me up at 3, 30 or 4 in the morning. What he'll do is he'll freaking swipe me he'll, swipe me in the face god. What are you doing? How'd you get yourself that tangled up come here, he'll always get himself up in uh like 3, 30 or 4 in the morning and he'll come up and he'll sit on my chest.

Just like this and he'll side swipe right in the face like he wants to. Like he wants to fight or something it's just hilarious, i was going to kick out his little dude he's funny. He always plays on my cords too. So, to give you a brief rundown on the technical analysis, the big things that i'm watching for and, as i kind of talked about my previous videos - is this slow stair-stepping effect up and up and up and up so i drew this out on my last update Video saying hey, i think we're gon na get a nice push followed by a pullback and then followed by another push, and that did happen.

It didn't follow the line to an exact t, but the trend is what i was talking about. More specifically, it is just maintaining overall that big uh sort of trend that we have seen on the stock price. They do have a little bit of a head and shoulders pattern here, which in and of itself is bearish, but you have the exact opposite thing, so it kind of evens itself out here with this ascending upside level, of support, it's starting to stair, step higher lows. Higher lows, higher lows, higher lows: creating this overall pending formation.

If it were to happen today, what you're watching for is a break over 40 dollars and 60 cents. That's a hard zone, and you can give yourself probably about a 20 30 cent leeway. So i'll just drop a little box here, uh and if you got to push over that 40 60 mark, i don't anticipate you're gon na get a retest of that 45 mark. So that's something to watch for if it was to happen today, we are currently down about point one six percent in the pre-market, but that's just if it was to happen today.

Nonetheless, what you're watching for is this continuation of trend of these higher lows, setups right? What you have here as well is the 15 mma and the 200 dma. The 15ms is blue trend. Line 20ma is that purple trendline is essentially just a microscopic and a macroscopic trend line, giving you an idea of the overall price action on any given period of time. So what you want to see is that 15, i made a hook back up towards the 200 ema, meaning that the microscopic or 15-day price action is more bullish than the previous 200 days of price action in that given moment of time, titan you silly chicken.

So that's another thing you're watching for overall, though guys this is in a pretty decent spot, it's still setting those higher levels you're in the middle of that turning point in terms of the end of the bear cycle in the beginning of the next bull cycle. Right you got to get that sort of training sideways fluff in the middle, which is where you are right now until you get out of this overall penance, you know formation break this decent level of resistance with those three touch points. One two three four different touch points here: on that downside trend line and once you get a break over that, that's where you're gon na watch the next big push over 45 bucks, 50 bucks, but the trends, my friends. This is the thing you want to watch for, rips fall by consolidation and consolidation is not just doing the flat line, that's not healthy price action.

It means that the stock pulls back. Pullbacks are okay, that's part of the process. Red days are part of the process, and if there's any reminder that i want to get to you guys it's this, there's no timeline on the squeeze. If you don't set one for yourself now.

What do i mean by that call options if you're gon na play call options first off know that they're risky there's nothing ever guaranteed about the stock market and, secondly, don't set a timeline for yourself on this squeeze have a game plan please, if you're gon na Play weekly expirations, i hope that you're a very experienced trader, because that's not something i'd recommend, especially given how much this stock varies on a day-to-day basis. But please there's no timeline on the squeeze. If you don't set one for yourself, stock doesn't expire and that's what i've got for this video, so blah blah blah. I know this will drop like sugar on the friends catch you on the next one light taps, always much love and peace.