You know i tried to get titan in the video here, but i picked him up from the food bowl and like father like son, this guy just loves to freaking eat and he get. He got a little annoyed that i picked him up and took him away from his grub, so i'm gon na let him eat. Maybe he'll walk over here in the middle of the video. You guys can say hi, it's a freaking titan shine, but nonetheless, what is up? Everybody welcome to the trade trade.

Three freaking talk fast and don't give glass like the premise by saying that i'm gon na find advisor experts so take it with us, say the greatest self didn't choke on my spit. Didn't hesitate, didn't mess it up. Oh light taps light taps all day. Let's get into the video guys, oh decent, we're having some really nice strength of momentum come together at amc and oh, it is so stupidly, dangerously close to breaking out of that zone that i mentioned this morning's video.

You can see here that it tested it and it rejected it. It came back up. You got a couple of uh touch points up here at that 52.50 level, and i got a false breakout above that level. A little bit of a bull trap right.

So what i i i'll talk a little more about this again, the technical analysis, but this uh i'm expecting this to get a break over that 5250 level, because you've got a lot of different confirmations of this going in the right direction towards that move so run Over the vortex data give an idea what the short interest is. Looking like right now go over the options flow using unusual whales. This is a tool that i personally utilize to watch calls versus, puts that are coming into any given security. Amc specifically, it is nice to see the long calls long puts meaning buy, to open, sell the clothes hitting the ask side instead of the bid.

It is good to watch that because you can have an idea of future price action and the price action i'm expecting is decent. It ain't. Looking bad man, i've got my freaking headphones charged. I'm going to pull out this cord, it's annoying me.

There we go anyways, then we're gon na finish off with the technical analysis and uh get you on your way with the rest of the video and, as per usual uh, give you some sort of parting words and a message as uh. You know something that sets you on your way, so without further ado. Let's do this thing stupid we're starting here with the vortex data 19.95, is the current short interest of free floaters down just a little bit today about 2.24. Now this is a t2 settlement system, meaning that any sort of return shares do derive from two days ago, meaning that 2.57 million total shares were returned two days ago now, if you're, looking at the overall price action, you saw a uh an uptick in price.

By about two point: three: six percent, so that that shows you, you know to some extent that not a whole lot happened right. Two point: five: seven million shares two point: two, four percent: it's really not a significant number in the grand scheme of what's actually rocking here with amc stock, 114 million total shares on loan and just keep in mind as well. This is based off of 85 percent of the exchange reported data, so this is a nice generalized trend and uh. I saw a couple of people talking about the estimated total interest of free float and whether or not this was uh actually significant.

How high the short interest was guys, i'm going to show you this right now right as far back as ortex goes at least on this chart is october 5th of 2020.. I can actually span this out some more. I can show you more short interest right. What you're going to see here is that this is the highest.

The short interest, at least according to ortex, at 85 percent of the exchange reported finra data has uh, has ever been right. It just shows you that 19.2 is where the short interest is, and it was at 20 percent intraday today. This is monstrous, and this is very very similar to what you saw happen right before the major run-up in june, very similar to the price actions. You saw right before that major run-up in june guys.

This is repeating history all over again and i think the move is going to be more explosive than the last one. Things are looking pretty freaking decent, the ortex data's looking decent, the shorts have not covered their positions. 11. Pep attendees are about to come raining from the sky straight out of the hands of the man and the lord himself or the woman.

We don't know how that could be either, but nonetheless, this is, it just looks good right, there's no other way to put it. The shorts haven't covered their positions. The things are heading in the right direction. Next, i want to go over the flow of amc right now.

Why is this important? What i've got here as a filter is 50 000 premium range, meaning i want to see big buyers either slapping the put side or slapping the uh. The call side on the ask side of uh the derivatives market, and what do you see here guys i mean come on? These - are the last uh last couple hours of uh trading for amc. You can see the actual underlying stock price when they got these filled. A lot of bullish orders coming into this look at this.

A hundred dollar call worth sixty six thousand dollars and seventy one thousand dollars at fifty one dollars and sixty four cents at fifty one. Eighty, seven, a hundred dollar call hundred dollars. There's somebody out there, betting. Fifty thousand dollars or more, but this thing's gon na be above 100 bucks, but that just come on.

There's a lot of great flow. Coming into this, you can see the charts how it shows it. The premium calls versus puts overwhelmingly bullish almost 75, the volume overwhelmingly boulder 74 right and you can see where they're, targeting as well september 17th a trend that i've noticed. So this is where i'm going to nitpick a little bit with amc and gamestop is the most activity you typically see is the upcoming week, because people do like to play weekly calls for whatever reason uh it's up to you.

Ultimately, what you want to do, but that is something to pay attention to break down by strike. Most activity is on a 47 strike which is now in the money. Then you've got 50 and 60 now. Why is that important? Because if you look at the overall price action, this could be an idea of where you can expect big moves to the upside because of hedging and unhedging of positions.

Now, what a call runs in the money - and it was previously out the money - the market makers that wrote up that options contract have to buy the underlying stock with the intent of those buyers of the contracts you know potentially executing and exercising those contracts, and they Have to buy the underlying stock for that which is called hedging that causes a gamma squeeze, so you can see a gamma squeeze really start to pick up in this 50 range when those start running deeper in the money the 60 range and the 100 range. There's a lot of activity in those levels, so i would say once you get that 52 and a half 53 54 level and they'll start running in the money, and the market makers have to worry about coming out net negative on those trades uh it's gon na Start getting pretty crazy and that runs it up to 60 bucks and that runs it up to 70.. That runs you up to all-time highs. I mean we're getting really dangerously close to some significant price action.

Now i can't show you this in any other way. Then look at the bolt right. I want to show you the daily candles, there's a couple things that i think are worth pointing out. What is this candle that we saw here today, this sort of doji candle, especially after a nice, run like we saw right here? What i would call this is a rest candle now, what does that even mean right? It means that, after a long string of price action and you're near some sort of critical breakout point, you get a rest date and what that does is especially with a doji candle doji candle in this.

In a situation where you've got this long string of green candles like this, it essentially is just saying: look the market's taking a day to speculate a little bit to see hey is there strength here? Is this going to hang at that level? Is it worth us? You know the the big buyers, the big retail buyers, the biggest institutional buyers, to step in and try to push this price over that technical level to get it to those next levels, right, otherwise, they're going to be the foremost they're going to be the bottom to Follow through the yada yada the rest day, candle in this situation is a good thing, and i want to show you an example of what this actually looks like, because it is, it could really bring some nice price action upsc now. This is obviously we don't live in a vacuum. This is an example, long string of great price action rest a candle right here right and then it ran for another five freaking days rest day, candle huge run. That's the exact same thing that you're seeing set up with amc that rest day candle is a bullish sign of future price action to come and beyond that, the volume staying consistently in that hundred million or just shy range is very solid.

The fact that we were just barely green today up three percent and we have the volume down just a hair. I don't mind that at all because the generalized trend, as you can see guys, is this bowl out right, huge uptick in volume bowled out starting to bowl back up, and that is going to perfectly reflect. In my opinion, what you saw happen back here from this move at 25: bucks down to five dollars up to 72 dollars, not including the pre-market or the after hours right now, this is looking. I i can't put it any other way.

I can talk forever and ever and ever about technical analysis, but at some point it's uh. You guys already get the picture right. I can show you a million reasons why the stock looks great. The sentiment is awesome.

The short interest is literally as good as you can almost have it, based on what we have available to us. But i want to talk about one thing and that's fomo fear of missing out, because that's a term that i see thrown around a lot and it's very sparing that i talk about fomo on my channel because i don't think it exists for very long periods of Time and i don't think it happens in very many stocks - i've seen it in amc, probably two or three times periods of fomo fear of missing out. Think about it like this right, fomo means there's no other stock. No other investment in that given moment in time that you would rather buy you were so scared of missing out on an opportunity that you were overlooking every other stock in the market because of what that stock is doing on that, given day is amc there right Now, no, i wouldn't say it's there right now, because we know human emotion.

We know human psychology, you can just look at the numbers and the analytics behind any amc, youtube channel or the volume behind amc people pile into this thing when it starts building momentum. That is fomo right. You want to see fomo, it's the move to 72 bucks. This day you had heavy fumble.

That is a day of freaking fomo. Now, why am i bringing this up right? Because i think you are about to witness that come soon now i can't tell you a day right, i'm not here. To do that. I don't have a freaking.

I don't have a crystal ball. I do have this this magic. Eight ball! Oh magic! Can you probably see fomo, it is decidedly, so you can't make this up. It is decidedly so you can't see it, but it says it.

I promise, but i'm telling you. I do think that time is coming soon, maybe a week, maybe two weeks, but i've been in the game. For a minute man. I've watched the stock trade.

I've watched the price action i've seen when this thing does on a day-to-day basis, and this feels good. It looks good, the apes are freaking rocking, you guys can see, you guys can feel it. The energy is there and ultimately, what is the stock trade on right? Where does the stock go up and go down on? Well, we know it goes down because of those stupid hedge, but outside of that, what drives it up right, we're driving the stock price up. It's sentiment is what you guys feel it's what you guys think about the stock.

It's whether you're, not you like the stock. Do you like the stock right? It looks like people like the stock i'll tell you that right now you can see it. You can see the story of this thing playing out in front of your very eyes. It's a freaking, fun story to watch and a fun story to read and that's what i've got for this video, so blah blah blah, i'm gon na say it slow like the video subscribe.

If you want don't, if you don't want, i don't really care. Do your thing catch y'all, the next one must look like taps and peace.