You know what could be more beautiful than something like this: how can i not whip it out whip it out, release the kraken on a day like this bottoms up baby, decent yeah. Let's freaking go baby. What is up everybody? I want to trace trades. We freaking talk fast and don't skip class.

I like to preface by saying that i'm going to find your advisor experts so take what i say with some of them and pep attendees. Please, let's get into the video. So today, my friends, my family, my fellow gorilla, gang, updated, simple amc here, exactly what i thought would come to fruition ended up coming to fruition baby, we got that hard break over 37 and 50 cents to push over 40 with a hard technical breakout. My friends, this stuff is easy.

I'm telling you amc is so freaking simple that you can deduce it by simple math, simple data analysis and simple technical analysis, and what you had happen here, simple as it gets, is a technical breakout, and that was predictable. This move was predictable. I know a lot of people out there who bought call options in the last couple days anticipating this fourth test trend coming to fruition, like it has many many times in the last eight months or so. If you make great money, that's awesome.

If you're able to buy stock down in the 32 33 range, that's awesome, you're, sitting solid, i mean this is as beautiful as it freaking gets. So what i want to do now is give you the next couple days. Essentially, what could pan out now that we did get that hard technical breakout of this consolidation range bound trading zone as well? As you know, what could happen in the next couple days weeks, leading into that test of eventual new all-time highs? Testing out that 72 dollar range so we're going to go over the orthotics now the short interest, the whole nine yards there. The shield volume percentage ratio finish off the technical analysis and the trend that i'm personally looking for leading into the next couple trading days and then we'll get you on your way so without further ado baby, let's get into this delicious decent freaking chicken tender chicken church, Bad boy of a video, so the ortex data, what we have rocking, not a significant change in terms of short interest.

This is 85 of the exchange reported data, so keep in mind that this is an overall trend. It's a conservative estimate in terms of what the actual short interest is, does not necessarily take into consideration the options. Change because puts could be considered short interest. Keep that in the back of your mind, all the volatility in the stock 100 percent derives from the fact that there's so many heavy options in the derivatives market.

It gets hedged for an unhedged foreign hedge fund unhedged, for over and over and over and over so puts are in there naked shorts are in there. Failure delivers, there's high frequency trading, a lot of things that are not taken into this, but it gives us a baseline and a trend to watch. So you can get an estimate of what is going to happen in the short term and in the far term, the microscopic macroscopic of the price action, and what you have here is the overall trend of short interest remaining about the same in the past couple of Days, but on an overall macroscopic uptrend, so you get 17.76 percent of uh free float. You also have 105 million total shares on loan, and i think this is actually a pretty interesting thing to see.

Uh free float on loan right here check this out. This is tracking pretty decently well with that short interest, but you don't have as much of a drop off here on the shares on loan, as you did the short interest here today. I'm anticipating that when the finra report comes out here in the the next session, it comes out every two weeks. I think you're gon na end up seeing that that short interest is actually higher.

Just like we did the last time when you saw this parabolic spike up of short interest. I think it's gon na end up actually being higher than what's being estimated on these uh day-to-day basis or a time frame. The on loan average days actually went up again. 50 days is the average uh time on loan, and that means that the average position is actually spaced out a pretty decent amount here.

So if you're gon na go back 50 days, that is actually a little bit lower in price than it was before. So if you were to count this out one two, three, four, five: six, seven, eight, nine ten, twenty thirty forty fifty it could be anywhere between this forty to seventy dollar range, which means there's actually i'm interested to see if these guys are going to be in The green or in the red come a few days from now. The overall massive general trend that the uh, the average position short on the stock, because once they transition from green to red, they're, no longer profitable. That puts massive freaking pressure on any short position.

To get out and cover their position, another massive thing to look at utilization at 90, but the cost to borrow second consecutive day in which you see that cost to borrow or the annualized interest rate, starting to go up that maximum value. And i anticipate this is because you are seeing a little more risk associated with a short position, especially after watching the price action from today. You saw today that we're up 20 and that increases risk that increases momentum in the stock and the bullishness of the stock and the risk of you getting margin called on an overall position. So i anticipate that number is going to go up, because that is one of the factors whether or not the majority are at risk or not at risk is going to change whether or not you have a high annualized interest rate so keep that in the back Of your mind, that's something to watch for uh.

The last thing i want to say about the vortex data is this. I think the majority of the price action that you saw today came from two things. You had some gamma squeezing right. Some call options that ran in the money that were previously out the money.

You also had a technical breakout which brought momentum into the stock third thing that could have contributed, though - and this is by no means what i'm saying is that all the shorts have covered by any means, but two days from now, ortex is going to update the Short interest do not be surprised in the least bit. If you see that some of the shares on loan, maybe one percent, two percent three percent will return. Does this mean that the shorts are all out doesn't mean that the squeeze happened? Absolutely not, but it does mean that that's data to watch for and anticipate and you can mentally prepare for that because it happened last time right. You can see that that happened last time.

Looking at the estimated short interest of free float, that trend plays out right here right. It took all that to 72 dollars for them to get out of this position, but it did end up coming to fruition. Some of these guys right, 16.58 drop down about 16.42 right here on this move up to just 25 or so. This is a very similar situation.

With this 20 green day is, maybe a couple shares ended up getting out of their short positions. One two million is that the overall trend? Absolutely not. Does that mean that the short squeeze has happened? You need all shorts to cover for a short squeeze to truly come to fruition, and that is exactly what we're waiting for. So that's what you got rocking on the ortex data daily showtime percentage.

Yesterday we saw a total short volume percentage ratio of 54 of the overall market volume being red volume, shorted volume trying to push the stock price down, which is a beautiful thing to see. Considering the fact that we had a green day coming off that previous hammer, slash doji candle on uh august 20th, which is exactly what i anticipated would happen and that fourth test trend came to fruition as well, so the strength of the stock. The most important lesson to be taking away from this 54 number is the shorts are not stepping away from this right. They're not looking the other direction they're trying to bet, as this is going up, that it's going to continue to go back down, and this is just a false breakout.

It's just a yada yada, you get the whole spiel, but the apes stepped in, and it showed exactly what they brought to the plate here today and i'm not going to be surprised tomorrow when today's data comes out. If that short volume percentage is also in that 50 plus range, so beautiful, beautiful, beautiful freaking day what ended up happening today? Well, if you missed yesterday's video, essentially you had a technical breakout and what i was looking for specifically was a 37.50 level breakthrough. Now the ford test trend is something that helped me predict the 1450 breakthrough that brought us to 72 and it helped predict this move over 40 bucks here today. Yesterday, in my video and the two videos before that, i said if we break 37.50 expect 40 to come soon after and it did end up coming to fruition.

Yesterday, i think i said it would take one or two days. It ended up happening today, which is awesome right, but this 3750 level was very critical because it has been rejected. Many many many many many many times. It has a lot of touch points, the more touch points, either as support or resistance that you get on a stock, the more significant of a level that is, and the more strong the breakout will be.

You can see there was a lot of freaking touch points there, one two, three, four, five, six, seven, eight nine ten different touch points until it got that breaks through that critical level and the four test trend that i was speaking about happened to be right. Here. You see one test right here: two tests right here: three tests right here; fourth breaks over that critical level of resistance at about 37.50 to bring us to where we are right now so where's, the next most critical level of uh price action that you're watching for Well, in the after hours we're sitting at 44.40, we close the day at 44.26. You can expect each round five dollars to act as a psychological barrier of resistance.

So forty five dollars fifty dollars fifty five sixty those are all gon na, be spots where you probably see a little bit of hesitation, a little bit of consolidation, the up and down the sideways fluff, the in the middle right, but the next actual technical level that I'm personally watching for is right over here and it's by no coincidence that it's right around that 50 mark and you have a lot of different touch points that coincide with this level. You see one two three different touch points right here: four, five, six, seven ish right, there's a lot of times that fifty dollars was tested and rejected both for the upside and the downside. So that is gon na be the next point in which i'm watching for a huge massive technical breakout now leading into tomorrow. I would not be surprised at least bit if you have some sort of pullback some form of pullback.

I think the momentum is still short-term bullish as well as long-term bullish, but that does not necessarily mean that it's going to go up continuously throughout the day throughout the day, throughout the day, throughout the day, non-stop right stocks go up, stocks go down. So what i watch for personally is retracement zones. It would not surprise me in the least bit if you have a retracement somewhere between this 50 to 61.8 percent fibonacci retracement level, which was right around 40.77 to about 42.80, with some form of a bounce back up and that bounce back up as well as that. Retracement is healthy because it shows that sellers try to push the price back down and buyers deem that level critical.

They think the stock is worth more than whatever that's trading, and it shows continued strength as well. As you know, continuing weakness in sellers in this overall stock and uh price action. So, honestly guys this is beautiful. I'm still short-term bullish on this.

I think there's still more upside to come. The next couple of trading days. If you played call options, you made great money, that's awesome, i'm glad for you, it's it's too easy. Uh! You guys all deserve to eat some.

It's a beautiful goddamn chicken church baby, some church's chicken. So that's what i've got for this video, my friends, i'm still bullish on this short term. I think the trend continuation is going to bring us eventually to the 50 plus mark and those apes that bought in the 60s and 70s. I hope either a you're you're highland okay.

If that's what you want to do right, that's your finance, responsibility or financial decision or be the opportunity. If you have the liquidity to purchase an average down in the 30 zone, because i've said this before i'll say it again, i really do think buddy. What are you doing? Get off my monitor? Get up get off, get off hey! Oh you goddamn chicken. I really do think this is similar, so when we were training back and forth back and forth back and forth between that nine and 14 dollar range, i think you're watching the exact same buddy get down.

Stop it. Oh titan is so crazy. He just never stopped by the way these aren't underwear. These are my running shorts.

Buddy no get down get down. Oh my god give me one sec, hey get down! What are you no stop? Oh you're driving nuts, sometimes goofball all right. Well, this video's gon na be longer than anticipated, but i don't know how to edit, so i'm not gon na i'm not gon na be able to do much about that. But regardless this was a great opportunity right that 30 zone, you ended up getting that pulled back down to reality and we're sitting pretty freaking decent right now.

So that's what i've got for this video, my friends, blah blah blah dropping like your comments, catch y'all, the next one light taps, always much love and peace.