What's up guys, i know it's kind of late at night and uh yeah, most people are probably sleeping by the time i put this up, but this is on my mind, anyways and i kind of wanted to talk about it. Uh not giving you any inclination as to what i think is coming what i think it's going to be good, so i want to talk about this. It's not a fun thing to talk about, or maybe it is, but i do want to discuss it because i think this is important and i don't want people walking away from this in a way where they feel dissatisfied. I want to talk about what i think the top is going to look like on this next run-up uh.

I've been around now for two two major cycles on amc i watched january watch. It come up to 25 and do some crazy and i watch it. Come up to 70 and do some crazy and i think i've learned a little bit since then uh about the way that this stock moves, and i want to be able to discuss with you what i think. That's going to look like.

There's a couple key factors before i get into this, i like to previously say: i'm not 559 financial advice. Please take a say. The grain of salt volume candles - and this is gon na - be really important, with a squeeze play short term time frame, one minute to five minute. This is where short term is going to matter and you're gon na know.

Uh. The time is coming when you're watching volume go absolutely nuts, we uh the last two days. I've seen the volume at 212 million and 226 million total volume on the day right. That's a crap ton of volume.

No, no! I'm talking like three four five, six seven. I don't even lean towards this five to seven hundred million total volume on the day. What i'm looking for specifically you're, to want two different chart time frames right. This is going to be a daily and beneath this is going to be a a one minute.

I'm watching for something like this so far. If you look at the candles right, what you can see is that price is trending upwards. If we were to draw a line, you can see that price is overall trending in an upward direction. Right means that it's gaining momentum, uh increasing volumes, increasing momentum in whatever direction the stock is pushing and right now the stock is pushing up, which means there's an increase in momentum, there's definitely uh you're, seeing an increase in demand.

That's what volume is right. It's just a way to represent demand and whatever stock you're in right, you're, seeing that go up right. So just gon na hypothetically draw some candles here. You see this candle, this candle, this candle, this candle, huge candle, rest candle, whatever right and down here, is volume.

If this is all price, this is price going up. This is volume. What you're seeing right now is this right: candle bar a volume candle bar volume, candle bar volume, candle bar volume, they're all going up right, maybe not all the same. Maybe you get little dips here, but overall you can see the trend trend is going upwards.

I'm looking for two things: one closing bar of volume, i'm gon na, show you an example closing bar two downtrend volume. I've watched this happen twice now. Both times did the exact same thing, closing bar volume. What does that look like well you're gon na notice? If you go back to january, or you go back to june, that uh, the highest price point had the most volume.

It's not a coincidence. It's because there's a lot of strength, there's a lot of demand that uh that does make sense back in january. It was 1.2 billion shares back in june. It was 757 million shares now you might actually see less than that this time around uh, because i think the price is going to go higher right.

That just means it's going to take more money to move the stock. So inherently, you may see less overall shared volume, but it's all relative right. That's why i give a range i'm looking for like five six, seven hundred million total shares. I think that's what it's gon na end up being, maybe even four i don't know uh, but i think five, six, seven hundred million - that's that's sort of where i'm leaning right now uh.

So i'm looking for that closing bar, which is the most volume that you've seen relative and typically it's gon na - be a lot higher than relatively speaking, which you've seen in the past, and if you don't get a closing bar like this, for example, this is very Hard to tell if this is a closing bar or not uh outside of this rejection, uh you're looking for this downtrend, which is number two off of that day, you see a downtrend in volume on the daily right downtrend in volume off this downtrend in volume. That tells you that this is the closing bar volume, and that was the peak. That was the top it's hard to know when you're in the moment right, but you can take an estimated guess, based on just understanding how uh volume exhaustion works. You can't continue to maintain an insane amount of volume for a long, long, long period of time, so i'll be watching for a closing bar volume.

This is on the daily candle setup, which is what i just showed you and a downtrend in volume. Right next thing. I'm gon na be looking for is this one minute, and this comes down to not volume. This comes down to candles, so i want to show you this really quick.

This is what i think the one minute is going to look like when the time comes. I'm not telling you any dates, i'm not giving you this, i'm not giving you that, but what i am saying is the chart is set up in a way that i think you're gon na see some pretty nice moves in the near future. Hey buddy get down! So i'm watching for this right in the past two run-ups, the same exact thing has happened. You reach a high and the stock comes up to retest that high and rejects off that high, an insanely, volatile, volatile move.

You look back on january. It was a 300 move. You look back in june. Is a 95 move right watch for that? That is you're going to know you're going to know, because this is going to be outside of the ordinary when a stock goes up 100 and you've got this much volume.

You know what's happening. You absolutely without a doubt know that you're in the middle of a melt up you're in the middle of a run-up right both times i've seen this right back in january, i'm gon na draw this up and paint out the picture. If this over here is extended hours trading, this is normal hours trading right. What i noticed happened is a stock runs up, ran up, ran up, ran up, ran up 25 bucks.

There was obviously some small dips in here - maybe a little dip here - maybe a little dip here or whatever, but it peeks out at about 25 bucks, and it then rejects bam, sells off super hard. What ended up happening, though, if you look back at the candle? What you notice is that it came back to twenty dollars. It actually closed at twenty dollars. It did.

Reach 25 in the pre-market doesn't show that, because that was the pre-market, but nonetheless, what you notice is that it tried to retest highs after selling off all the way to 1094.. You got to be prepared for that. First off right, that's that's! Sort of insane volatility is going to happen. Uh ran up to 25 bucks sold off came down to about 10 closed at 20..

So what's the overall theme right, it's set at a high set. A high of 25 bucks rejected off that retraced insanely. It got scooped up by a huge amount of volume, volume surge demand, search to come up and retest that high at 25 bucks reject it at 20.. So what that means is, i personally believe you're gon na have on the day of two chances to catch close to the top.

Now i don't, i don't encourage you to try to time the top. Don't do it. Please please please, please, because it's impossible to do the reason i bring this up is because i think this is going to give you an inclination as to where the high is going to be for this next overall run-up june, same exact thing happened. I remember this.

So vividly you had a massive run up 72 bucks over here is extended hours, trading, pretty straightforward stuff, and what happens is it runs up to 72 bucks uh bad news comes out, it retraces comes into the open. This is 72 right here, right, retraces, all the way back down to the 30s and what happened same thing as january comes back up to test out to see if it can come and reclaim that high in the 60s and it rejected now granted in june, you Had a lot more opportunity, we can come and look at the june chart and it had hung on. I mean you got a lot of opportunity in this june run up to to look at the 60s or whatever and do what you want with calls or whatever. Whatever the hell, but nonetheless uh, that was there right, it came back up to the 60 same day.

So why do i bring this up? I bring this up because i know there are people playing calls right now. I know there are it's without a shadow of a doubt every single day for the last two days. I don't realize that every single day, but the last two days we have traded over a million contracts, not all that's institutions. A lot of that is retail right.

Uh and i think you're gon na have two chances on the day of to lock in those profits. Please please. I make this video at 10 20 at night, because this is what i'm thinking about right now. Uh too many people were up four five.

Six. Ten thousand percent that were up some a million dollars some a hundred thousand dollars that walked away with a tenth of that do not diamond head options. Please please, please, please, please, please, please, please options do not work like stock lock in your money. That's all! I'm asking for - and let me tell you this is not financial advice, but i will shed a tier if i see people uh up that much money that don't keep it options are not stock.

I don't think we're there, yet i don't think you've seen the top of this. This momentum, this run-up, i think, you're you're you're, on your way. Let me tell you when i say i am: i can shed a deer right now and how excited i am the way this is set up. I don't think tomorrow's gon na be sexy.

I think it's gon na be uh a rest day. To be honest, maybe maybe a move, but i think it's gon na be a rest day. Uh, maybe slightly green, slightly red somewhere in the middle uh, but i bring this up because this is gon na be important. Man watch this two three four times through.

If you have to volume closing bar daily candles right watch for this watch for that watch for the downtrend downtrending volume, that is going to tell you that the man is leaving a million percent right this right here from there january and june third time's gon na, Be a pattern right. I think you're gon na get a couple chances. Two two you're gon na you're gon na see it hit that high bam. That's the level it's gon na come up and re-test and likely reject the day the day off.

So watch watch for that. My friends now i don't know - maybe maybe i'm just the goon. Maybe i don't know what i'm talking about but uh. I want to put this out there because i want you guys to walk away with some money.

Go do ape things. Dude eat some bananas, make your cash protect yourselves with your options. If you have options right now, be careful, be careful make that attendees make those lemon pepper, attendees! That's what i've got for this video. I know this was out of the blue.

I don't typically throw up at this time of night, but this is on my mind. I've been looking at charts for the last couple hours and this feels important. It feels important and i know people don't like anything to do with this could be it. You know, but if it is, you can't say that i didn't put it out there.

Okay, that's all i got that's all i got i'm gon na eat my other rest of my chili cheese, doc i'll catch. You guys all later appreciate you much lovely taps. Peace.