AMC BULLS ALMOST FORCED THE NEXT SQUEEZE
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Good morning, ladies and gentlemen, everybody welcome back got ta say today is a good good day and the reason why is because the bulls on amc have successfully pushed the prices back to levels that are really really starting to make um any existing short seller? Or maybe anybody entering just recently uh back to getting really nervous, so this was something we kind of recommended was soon to happen from holding and shifting through the half deviations which was kind of getting back up to plus three. So if you look this morning, the market's already held a really solid support, and it kind of appears, like amc - is gon na almost do a bull flag here, so we might be looking at a bull flag, breakout pretty soon here, pre-market. So i'll explain when we look at the four-hour chart here on amc, you will notice that we have um one second, all right. Let's actually let me delete these and then we'll redo it.

So when we look at amc on the 180 day four hour chart blue line boom, all right go to the daily chart, we're gon na go to the purple line boom and then we're gon na go look at pre-market today. Why would you there? It goes and you'll notice, where the bottom of the market's at right there in that zone, okay, so again, daily chart four hour uh and then there goes amc, uh right now, actually, with a solid move, not bad, i got ta say not too shabby. So that was the bull flag breakout that i was literally just talking about like a second ago that there was a good chance um. So i mean this move already broke right back up to resistance, so yeah.

I might struggle there for a second, but ultimately, this bull flag, move if legitimate should be going up to like 59.65 right. So this is legitimate bull flag and it breaks out which would be kind of over this resistance. Then it should actually go up to um prices of like 59.60, all right, so you can keep that on. Watch we'll see.

If that happens, one second got ta delete these little drawings that i don't need: okay, cool, so um! That's really what you're watching right now with amc this morning, this bull flag, move back up to you know 59.65 you've already held support pre-market in this dip, which was um, ideally the long-term trend. That was resistance that we broke over so now with support yada yada um. So what we'll be watching for now, i think, is the four hour chart. So next price target up on the long term side of things with amc would probably be um 6130 and then afterwards it would be all the way back up to 66 66.85.

So if we go for the plus four mark uh at 66.85, that's where the amc market will basically be going back and retesting the previous high of 70 77, almost so for right, now, pretty much still long bias! Amc, that's pretty much it um until we start to see some selling pressure which we could be around the corner from as we've bounced back higher in trend, but for now it's just kind of still long bias, amc, so um. Those are really the levels that i'd be paying attention to. You can see. We held these red levels, yes right here, we held it today.
That's why you're probably not going to get a retest of this level, and if you do it's, probably not going to be a really really good long. Trade it'll probably just be like a sluggish bounce trade. So not a don't think we're going back to retest this level today, myself, but again, we'll see all right good morning, good morning uh. How can we get the same studies you have on your screen by using the same studies that i have um a couple of them.

A couple of the studies i have you'll have to get from our website. You can go to boilermain.com, you'll have to purchase them. Other studies you can use for free that are just provided via think or swim, or you know trading view or whatever software you might be using 60 is the resistance um yeah, mr monroy yeah you're, pretty much right right in that 60 zone with all the previous Tops would be the resistance we're targeting 56.65, because that is the trend area, all right, uh crsr. We could.

We could look at crsr, it just popped the other day and then really just kind of sold down um. So before we do that, we'll take a look at neo, because neo is not bad, so neo is a stocker recommended. The price target was 45 a couple weeks back and then you should still be bullish on it, because it's still bullish and ultimately the final target would be all the way up to like 53 for right now. I believe it was yeah like your ultimate targets.

Up to 53, so if you get to 53, if we get to 53, then at that point we're definitely going to be bearish and then we're probably going to be shorting the stock at that point. But for now, if you're long biased, you should probably only be long biased at most to dollars to 54 for the time being um and that that's what's going on with neo all right. Let's move over to trch penny stock bottom down here, bull flag, here, break regression trend here. One deviation move here so you've gotten up to one deviation: resistance at this point, this time frame blah blah, overbought, yeah you're, starting to get slightly overbought on trch.

At this point, i think you can still be long bias on it and for the day, your long bias target should be up to like 5.83 wait. Wait because today it gapped up right. So if you gapped up today, you're all the way up at all right that makes more sense. I'm like wait so you've already started on resistance.

There daily chart would be there okay. So, for now you probably shouldn't be trying to get the market on trch any higher than 542 to 548. If you do get through that, it's kind of lucky um and a bonus like a cherry on top. But for the time being you really shouldn't be looking to get anything over the 541 to 580 and your breakout price is at 486..

So, as the price gets through here successfully um, you would most likely start moving to that price point up there. So it's not a break over the pre-market high sort of situation, it's ultimately being and taking control of the 5 or sorry 488 price. On trch there can you look at mo um hunter miloshi. It seems like there's a shorting algorithm that triggers near 60 to prevent gamma squeeze um, so there's a bunch of algorithms in the market that generally start to sell in or generally start to buy when prices reach specific levels and a lot of time.
Those are going to be standard deviation levels, so there's a strong chance that at some point yeah around 60, the other day there was um you're running into long-term trending resistance, which technically a lot of algorithms, would be programmed to sell around those locations. So yeah you're not wrong. I mean there's definitely algorithms that trigger at certain price points. Ah for sure all right.

What's your thoughts on gnus gnus is a swing trading stock. Given the barcode situation uh, you probably stay long, biased for the time being, you're, not overbought. You're not undervalued you're, you would be taking ownership of this company at fair value, market and uh. You'd hope that it goes up to like 240.

For the time i mean you hope it goes up as high as it can go, but right now this trend does look strong, i wouldn't be bearish. I would be on the bull side. First, target up would be uh like 237 and then from that point, four it'd be up to 273 and then 309 and so on so forth, but i'd be bullish on that for now targeting up to like 238, it's not a day trading straw day trading stock. It's a swing trading stock, there's just not enough volatility and range on this one.

To make a lot of money throughout the day, so definitely want to follow this more more for swing trading than you would for day trading. Just because the volatility aspect of it can can i tell you how bad ivr looks sure, let's take a look. Why not uh, also amc looks like it's ever closer to kind of breaking up a little bit more there, just just an fyi putting that out there. All right now, popping on over to ivr, so ivr broke up, came down popped up.

I can't i feel, like we just looked at this the other week, and i was saying you don't want to be too long biases stock, i could have swore. I was saying that, but anyway it doesn't really matter um, so yeah ivr, i imagine that's going to continue lower you're, probably targeting back down to 405 um and or below so pretty much. I think ivr is going to continue down to the 4.05 price to yeah or back to uh 378., so 405 to 378 would be the current downside target for me on on ivr, hmm d, f, l y f hm. Let's take a look.

It's got ta be like an otc right. Maybe is this dragonfly? What the hell is this? Actually this looks good yeah. I think you should be long that dip yeah. I think this is a good dip to buy um a couple things not really nevermind.

I thought there was a bear or bullish divergence in this bottom. There wasn't that's also the daily chart, you know four-hour chart. Didn't i mean it was kind of, but yeah. I think you should be bullish that market and you're trying to get back to 215 to um two dollars right now and then, as the markets get up and through that price point, that's where you can most likely cause a bigger shift.
That would put you up at 280s to three so for right now, i i would probably be more long biased. I don't know what they do, but their stock looks pretty solid right now. There's good u-shaping bottoms here so looks like there's. Definitely a market.

That's trying to buy that to the long side for the time being alrighty. So, let's take a look here. We got m-a-r-a sure and for those of you tuning in wondering about amc and this, and that we'll definitely take a look back at amc towards the end of the stream, which will be in like the next five six minutes. Um.

That way, you guys are all caught up before we head out the door um. So yes mara riot pretty much. To put it simply. Those are long, biased candidates today, because bitcoins going up so that means i should look at bitcoin first before we talk about that.

Um so bitcoin's having a good move. We had mentioned that this is going to be a really good dip buy for the stock. That's for the crypto! Sorry um long story short. We want to see bitcoin as low as this green level, because that would be a phenomenal buy point.

Well it just kind of double bottomed and push back up so miss that, but we're probably trying to target back towards 43 000 in the market here on bitcoin. For the time being so we're kind of long by his bitcoin for now until we get up to say 43 000. So if bitcoin moves at 43 000, that's going to be another good, long move, which means mara and riot any sort of cryptocurrency related mining stock, and the market will most likely continue to have a good day. So nonetheless, you'd be watching bitcoin to 43.

000. Bitcoin goes to 43 000 mar a and riot, maybe even ncty. Those will end up performing well, okay, so thumbs up for the long or staying long on those. Meanwhile bitcoins on the move plant here, pltr, so pltr we're still long biased.

You should be long bias. Our recommended long targets that the market on pltr is trying to get back to overall are back to 27, 30 to 27, 30., so again, 27 30. Right now is the overall price target for the market on pltr, so thumbs up long bias, pltr expr, sure that is part of the meme stock sort of thing, so anyways uh expr we've only really seen it have momentum over the past couple weeks, while amc was Having momentum over the past couple weeks and then you can see that it dropped and it really hasn't recovered much even simultaneously as amc's gone up. So here's the one thing amc bby beat bro here: amc's up game stops down, expr is down, bb is down bb.

What b, b b y's down so the market is not giving the same respect to all the other meme related stocks, as they are amc which, just a couple weeks back, they were almost having equal sympathy between amc and all the other meme stocks. And now two weeks you know into the future or what not, two weeks to now, you know amc is moving, but all the other beam stocks are not having that same sympathy. So for now, expr, probably gon na continue trickling down unless we get lucky, but for the most part um, the top here at 795 has sold off and the market has bounced. And now the market has retraced back down to its normal trading range, which is about 489 to 5, but this one has it going all the way to 4-1 yeah.
So pretty much. I guess the price target for me on expr is 489 to 410. So pretty much anywhere from 480 410 is where i think the market on um expr is gon na go to unless amc like just goes booming nuts and then like somehow, sympathy picks back up and all the others meme related stocks whoo any good swing trades out There uh for me not really again, i do best swing trading after the market corrects which i mean, i guess, is just a no-brainer for anybody. So um, i haven't really myself been able to find too many great swing trades and i would say too many great swing trades lately it just it's not as we're not in a market that is particularly um easiest to find swing, trades and the reason being is Because the markets have already recovered back to all-time highs and generally in order for a market to go through a correction and then recover back to all-time highs.

That would mean stocks have to go through a sell-off and then get bought up and returned back to levels. They were previously trading at and or somewhat closer, so that means stocks went on sale and now i've gotten bought back up to prices they previously sold off at which at previous prices they sold off at were for what reason and who knows, but so we're not Currently, in a correction or the market, it's not currently in a dip, which means many. Many stocks are not currently being sold down or have been oversold, and most of them have corrected and come back so you're going fishing in a pond where there's just less fish to find for the time being. So you have to be a little bit more optimistic risk.

Appetite has to be slightly higher now because you're not on sale, you're a little elevated. So it's just a little bit more of a more challenging environment to go and find swing trades in because you're, just really not in an environment to go and just kind of look and big. Oh, that's! That's an easy buy! That's an easy buy because they're, just not not as on sale for the time being uh, there goes amc kind of popping up again a little bit more up and out, like i said, the overall target for the intraday market today. Pre-Market on amc is like 59 60s all righty.

We got six minutes to go. I'm gon na try my best to run through as much as i can here. Um yeah so for the uh for the 300 400 of you guys in here make sure to go. Tickle the like button: it does a huge job at promoting these streams each day to more people, and you know, as we've been on here each day of the week with you guys, um, it's been getting a little bit more consistent.
The numbers are getting more consistent. More people are seeing it just because probably the thumbs up and the reoccurring viewers that we're having so really do appreciate that it helps me and it helps again get this stuff out to a whole bunch of other people. Um. So we'll take a look at b y and d because haven't seen b well, actually what we have to do is we got to go back over amc closely because we're getting kind of towards the end of the stream.

So, just to put it simply, i don't want to go back over all the other stuff that we went over the past couple days, because that is now kind of irrelevant. So really all that matters is that the market is currently on the bull side. We have held support over this trend line that blue line there and then you'll see we held support today over this purple trend line if you're newer to the channel and you're like. What's this blue line of purple line, all you got to know is these are really really really really really really really important trend lines that you kind of want and need, and so you'll see we bounced here and then we bounced here and i mentioned earlier - we Were in a bull flag that was probably going to break out and it was going to try to target up to this line here so for now, bull flag, we're breaking out we're moving up in the market today, pre-market is trying to get back up to the 59.67 area - and that is most likely where this move would see a decent amount of selling pressure if it gets there and also is the new breakout level.

So this is a pattern breakout, okay, now you're moving up to trend, breakout trend breakouts are significantly more powerful than this little guy and can be all right so anyways, so amc already held support here. That's your support for the market. If the market rolled over sold all the way off, this is where your bounce is going to be located at for the first time on the day, uh, but nonetheless you're just long biases market and you're, probably trying to get amc all the way back up to The price of 61.37 on the day and then the furthest price target you'd be going for for right now is going to be up to 67.19 and then i might as well just look to see um one. Second, all right, sorry about that so looks like amc.

Has an average true range of and 54 cents on the day, so if the market were to say open up at 59, a move to si. Remember how i was saying we could target up to 67 and 34 cents. Remember that! Well, if the market opens up on the day with amc priced at about 59, then the price target of 67 that we gave you completely is possible because currently the market on amc has an eight dollar and 54 average true range. That means on any given day its average true range is going to be about eight dollars.
Well, if we open at 59 and we move to 67, that would be eight dollars, pretty impressive right, pretty interesting, so um right now, the average true range in the amc market and the projected price targets for the market on the upside currently all are within the Realm of possibilities all right, so that's what we have for amc, gamestop, don't even really want to talk about gamestop same thing: gamestop sluggish needs, a gamestop, pretty much needs amc to put in a stupid at a stupid day, and then it's gon na it'll work and Then a and then gamestop will work better um fcel. Yes, we can take a look at fceo, so sel still selling down almost to support, so you should probably expect so. Last week we had told you that we could see prices on uh fcel as low as this. So pretty much on this big day, we were gon na target, a short trade down to this level.

Well that day the market didn't have enough momentum to go here. We bounced and now we're swinging down, and so the market will most likely get to these red lines, but that's no longer the price target, as it was the day before. Realistically, the price target on the fcel market can be as low as 887 to 929. So the current support, slash dip by zone of the market on fcel, is right here.

This is where i'm expecting you're going to see fcl reaching over the course of the day and or the next couple days, and then the market's going to start trying to support there um we were extremely long bias. We were extremely long bias fcl going after this bull flag going into this move, and then they really released news that, like i think some like a ceo or someone like decided to leave and blah blah blah blah long story short, it wasn't able to break resistance And then we ended up cutting our trade out on this high. So we were swing long and then took our trade off on this morning like right here at this high, and then it just fell apart so um for now we're just staying away from fcel until it gets down to this price and then we'll probably start to See a little bit of support coming in for the stock yeah, so i don't have to use the. I don't have to use the atr indicator, but uh average true range, yeah, just average true range, all righty.

Absolutely everybody right now should go. Buy the new cryptocurrency come rocket, i heard it can do wonders huh amazing what people buy. I would rather just yeah i mean i would i mean i would totally rock the come rocket cryptocurrency t-shirt. So if anybody knows the owners of the come rocket team um, they can send this dude a t-shirt and i'll rep it.

So i would like the free swag all right so anyways with that being said, it's nine o'clock got ta go. I appreciate you guys tuning in by the way i will be back on later today, all right, so we're gon na probably come back on around 12 to 12 30.. I always say 12 to 12 30, because by the time i get off, there's always a bunch of things that i got ta. Do i got ta like walk.
My dog got ta feed my dog, and then i got ta do a couple other things. So it's always like around that area. I can never give a definitive, but right in the 12 to 12 30 area i'll be back online. We can take a look at amc review, a couple things for the day and really just kind of go over how the day ended up playing out.

So i appreciate you guys, tuning in before i go out the door, make sure to lick the thumb ups button. Give it a little titty twister, whatever you got to do to make it happen, make me happy to make youtube happy. We would appreciate it and we'll see you guys on the next stream, which will be tomorrow morning and later this afternoon. Around lunchtime noon.

12. 12. 30 eastern time so i'll see you guys back later today, everybody.

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6 thoughts on “Amc bulls almost forced the next squeeze”
  1. Avataaar/Circle Created with python_avatars Rich Ie says:

    way does everyone want to be surcessfull ? It's a complete paradox that the answer to this question ,, it's just desire and power to make things happen as accosted to be Rich , invest with a well known and trustworthy broker like Mr Donna ,, the wise will always start low in any new face of investment , den if the outcome of your little investment seems to be profitable ,Den you can go on and invest as huge as you want ,my mentor Mr Donna is a trustworthy and his strategies are secure and accurate , I will drop his Gmail so you can contact him and tell him you were referred to him by one of his training member/client

  2. Avataaar/Circle Created with python_avatars Will Son says:

    Most wise investors start low in any new face of investment as soon as the investment was profitable he invest bad huge as he want , and before investing with anyone make sure you hear people talking and testifying about the broker, for those looking for a trustworthy broker I would boldly advise you contact my mentor Mr Donna I will drop his Gmail below

  3. Avataaar/Circle Created with python_avatars LordBurnHardTV says:

    Your the best man

  4. Avataaar/Circle Created with python_avatars Ken Wilson says:

    Awesome video but you see FOREX and cryptocurrency is the order of the day in the modern world so rather than storing it , venture into investment that could bolsler your finance status.. but before going into it you would need the formal supervision of a trustworthy broker or mentor , but if you Don't know any trustworthy broker. Den I will boldly recommend you to my mentor Mr Donna , he has been my mentor for some months now , and I don't regret investing with him , I recovered all my lost funds with his accurate and secure strategies , so I will drop his Gmail below for any newbies or investors to contact him via the Gmail below.

  5. Avataaar/Circle Created with python_avatars JB ATL says:

    Conor missed ALF, TRCH, CLAD, OBTX, MMATF, UFAB, and OCGN because he has a hard on for AMC 😠

  6. Avataaar/Circle Created with python_avatars Trending Trader says:

    OCGN blowing up. EH is a nice swing trade

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