AMC BULLS ARE CHARGING
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Good morning, good morning, ladies and gentlemen, sorry i am uh five minutes late was having some camera difficulties, so technical difficulties this morning already not a good way to start your monday morning. So, as you guys can see by the title, amc bulls slightly back in charge. This morning, kind of depending on how you look at it good morning, hassam or mr malach hassan malik good morning, good morning, touch the sky good morning, milky fang all right, we're going to get started here in just a second. So a couple interesting penny stocks that have moved around we'll take a look at amc, gamestop, all that good stuff, we'll take a look at your stocks.

Take a look at a couple things i'm looking at and then we'll just kind of kind of go from there. So first thing that we'll obviously discuss is going to be good old amc. So if you guys remember from last week from all the streams and all the pre-market watch list that we had talked about last week, we did suggest that the objective of last week on amc was to take back control of this kind of 47.50 area. And then you could break the market back up to about 53 and then it was going to see some resistance, so the bulls have pushed the market back up to about the 53 mark, and that was one of the targets that we were mentioning last week.

So, first things first, what's really awesome is that the market on amc has so far held the three deviation mark now this is generally what has to happen for a stock to continue squeezing into a new high in a situation like this, so so far the market On amc is currently holding the levels it would have to hold to continue forcing a squeeze now. The next thing that has to take place in order for the market to even squeeze on amc is for the bulls to take back control of this price point. So once i once we actually get to like this price point and holding over that's where you can really start to force the hand once again on, i guess you could say the short selling side of this market and so right now. Your objective on amc is to get up into the price zone of one second yeah.

You want to get up into the price zone of 5236 to 52.85, so i would expect that this market, here in amc today, is going to try to reach up to about 50 to 30 to 53. That would be my long target on the market for amc. Today, of course, we want to go through that, we'll see what happens, but for now the long target on the amc market for the day should only be up to again that 50 to 30 to like 50 to 85, and then from that point you want to See the market either consolidating holding above that price for a move higher or holding at that price point for the remainder of the day, so that that way going into tomorrow, the markets are basically opening up over the resistance. That's another kind of possibility, that's floating around! In my head, so again the objective is amc up to 5230 52.85.

Hopefully you go above that, but ideally you need to go to that price. First, probably trade there and then get above it and hold it next thing. This is the other side. You have to also be understanding of the potential on the downside.
So, realistically, today the market has gone back to locations where bearish people would look to sell the stock again so sorry to say, but a lot of times we would end up selling off of the 5230 and 52.85 and retracing back lower and the reason being is Because if you look at the formation we had it go up, we pulled back, we bounced, we pushed up, we pulled back, we bounced where we were supposed to bounce, and now we've really pushed back up into resistance. So this is general where the market would try to sell this down again and then, if the amc market held it up, that's where a lot of times you would squeeze off. So i'm optimistic. The market can keep going long, but at the same time, i'm willing to trade.

This bearish today also looking for moves back down to 47.60 and the reason i think you could hit 47.60 is because again the market bounced from the green back to the blue. The blue is resistance, hence why we could pull back, and i would imagine if we're going to pull back we'll, maybe do a 50 percent retracement of this long move, which would take us back down closer around the 47 60. So like 48 dollar price point. Okay, so with all that being said, pretty much bulls have to get over, like 53 bucks hold over that, and then we can really start to see the squeeze off again.

All right who's buying amc, call options. Not me, let's get the money all righty good morning, for all your help. Do you possibly know how to get this energy challenge to us, whatever i don't really mess around with tos web or tos mobile app? So no, but it's really just the same thing. However, you would go about adding a study to the chart on any whether it's the web or tos mobile is the same way that you would do it on the software as well.

So really there isn't a different. It's the same kind of you go to the same place to do it. I just don't know how you would do it on those, because i don't really mess with them. Okay, um, harold, with amc being a reddit stock.

No way it still follows a standard deviation. Rule actually incorrect, yes, it it does follow the standard deviation rule because and really the reason. I'd say that is because we've called this. We've called the price targets almost perfectly like the past two weeks all week long so it does 100 follow the standard deviation rule it just does um and the reason i know it does is because where is the top of the market today? Look at where look at where the top of pre-market is today it's right off.

Your standard deviation, look at where the bounce was just last week right off your standard deviation, look where the bounce was back a couple weeks ago, right off the standard deviation. So no, it does follow it 100. But when there's more volatility in the market there's more range, so um yeah, that's just pretty much it um yeah! So james, i'm not exactly sure why that happened, but we're taking a look into it for sure um. We are definitely gon na, i mean it will get fixed, but uh we're not exactly sure just yet all righty, let's take a look at sienna, so scns was a stock last friday that we talked about still being long on that you were looking for the market To get back up to like 4 30, 4 40., it actually ended up going past that this morning, so again friday, we were long.
It just never broke up all day ended up taking off before the end of the day, and then it squeezed up towards the other day right to our price target. The price target was 446.. You will see that the market squeezed up to exactly 446 and then it sold off, and then it pushed a little bit above 446 this morning and then it sold off and then we were able to break the 445 446 squeeze again and now you can see The markets pulled back to about 446. um, so anyways we're still long.

Well, i don't say we're still long, but still more on the long side of scns granted. We did get to the plus one deviation. So i wouldn't be surprised if we pulled back here, but this is a strong trending market so far, so you don't want to really bet bearishly against it because it's kind of a stair-stepping formation we see the stock, go up, pull back, go up, pull back, go Up so so far, the market is stair stepping up on scns, which would suggest that there is uh. You know it's still strong with.

That is what that means. Really. Okay, uh hotkeys are fine. Um i mean yeah, it's it's really just all about a preference.

I mean people do just find, buying and selling shares without using hotkeys and other people - love hotkeys, i mean they're awesome have hotkeys, but it's not going to make your breaker trading again, because at the end of the day you know what you know. What determines you making money is not you having hotkeys, it's really just you buying and selling at the right time. So i mean if you find a stock, that's going up, you buy and it goes up. You're gon na make money.

Your hockeys. Don't do that for you so um, you know, obviously, if you're trying to do really quick trading in and out in and out in and out yeah i mean there's times where a hotkey could probably save you a couple pennies here and there, as opposed to you, Know doing the typical order - entry? Yes, but um. Is it really going to make or break you? Probably not, but like i said now i mean you know i'm so used to using hotkeys. It would be kind of odd not using them anymore, but um yeah.

I don't think it's a make or break situation by any mean uh, so yes, scns still still like it more on the long side for right now, all right there was a couple other things i want to talk about so enob, so this was another penny stock. This morning that skyrocketed now this was on hopes of a potential hiv cure. So if you read the news you should you should see something here for like age. Excuse me, hiv cure yeah right.
At 7, 45. uh biosciences share trading higher after the company announce fda acceptance of its pre ined request for potential hiv cure um so interpret that. However, you want to interpret that you know, but that's what the the news is this morning here, um so yeah. You can now see um there's a news for hiv cure.

This thing is popped. Now. If we look from the long term perspective, we would now suggest that the market is overbought so realistically um anything over the prices of you know. Pretty much 479 is overbought.

Now i don't think the market's going to pull back to 479 because that's just too far away the hype of the news is just too high, so i don't actually think the markets would pull back to this four mark not today and then in the future. They're, probably not gon na pull back to four, because it once we give this a couple trading days, these these trend lines will probably move up a little bit and then the target might be like seven but anyways the market's overbought here um, but with the news Being so strong, you should still be watching this on the long side. It's the first day the stock started. Moving with a potential cure for hiv.

People are going to treat this thing, maybe like crack and just you know, take one hit and try to let it rip you know. So with that being said, i think you should watch enob long. The first target backup within this move right here, is the markets going for the regression trend. The intraday regression trend is, if you, if you look, it will match up almost with the pre-market high so again, and so again, look at this right.

You see where the pre-market high is it's at 11 89 and then you see how the market kind of dropped here and then the momentum shift right here where we were on up and then it kind of shifted in a candle candle stopping at 11 59 and Then you look up. You will see that the regression trend right now is currently priced at 11 59. So that right now is your intraday breakout point and if you're successful at breaking that level, then you have a good chance of running the market up to 14.50 and now the intraday levels don't suggest that the market on enob would extreme be extremely extreme and extremely Overbought until it gets over prices of 20 right now, so if this thing blows up today, currently the atmos price you would go for is 20. um.

Current intraday breakout level is going to be over pretty much like this 12 mark 11. 59. 56 area. That's where your breakout level is and then that's currently the resistance level right now, too.

Okay, gold and silver sure we'll definitely take a look at that yeah. So crsr is uh well that one's been on the move today, so a member this morning was talking about csr crsr and was on the move. So we started watching like right about here when he was talking about i'm like yes, this looks good um. Ideally, we recommended that once you broke the pre-market high, the market was going to go to 40 38 and then, as you shift through 40 38, you should see a target of up to 43.70 on the day and the reason we suggested.
That was because, if the market was truly doing a re, oh you know what i didn't even see this level, so no the target zone for crsr today, oh well, you see this is see it's because this isn't updating properly it's because it's the wrong one. Ah, it's so annoying can't wait till that gets fixed okay, so that should be okay. That looks accurate now, all right, so the atmos target they were looking for on crsr was up to 43 like 90 to 43.70, okay and the reason. Why is because, if you look at the four-hour chart, a true regression trend, breakout normally leads to a a one deviation move, and in this instance, that would put the market up to about 43.80 close to 44..

So again, if you see crsr up to 43 to 44, it's probably done most of the move that it was meant to do for the day, and i wouldn't really be trying to buy it too much higher than that point um. I could be wrong or go higher than that, but for now that would be probably the logical target, at least within this trending move. All right, uh we'll take a look at gold, so gld is usually ticker. I follow for gold now, just on it was just friday that we r we we ended up getting short on gold friday before this drop um.

So the recommendation to many was that gold was gon na roll over go down and we were targeting the 173 price. So i've been short since before this move down kind of like friday around, like maybe 176s, so we're short from like the 176 to 175 area, i think um and then our target was down to 173. The market has shifted it's rolled down to 173, so we've already closed uh the swing trade but uh. I expect gold, probably around the corner, from doing a little bounce move.

Uh and when i say bounce move i mean a counter trend. Bounce as in the market has rolled we're on a bearish move, so this bounce is a counter trend bounce until otherwise it's not like we're in an uptrend pulling back to support. We've been in an uptrend and now we've gone through some distribution and the market's now correcting and rolling over. So each bounce for the time being, should only be treated as a counter trend bounce until either a high or low or some sort of basing consolidation happens, which suggests that the market has stopped going down so for now, uh 173 was a target.

I expect that the market's going to try to buy gld up here, that's what i thought i mean still. It does not look very strong here at 173 it still looks pretty weak, so we'll see um here's. Another thing is that the regression trend is all the way down at um 168 to uh. You know 166.

and theoretically, the market is downtrending right. If you look at this trend, the market is in a downtrend over the past year to half year. So i'm not even surprised if we see the markets back to this zone, but i just didn't think that was gon na happen and i wasn't gon na try to target. You know that far down in that short, so i was only trying to target down to 173, which happened that was usually a pretty easily obtainable move.
Getting down to this zone would be hard so for now gold - i don't expect - is going to drop all the way down to here. But if, in the future we see the markets on gold trading back at the regression levels, then that just means it's perfectly normal and that's just normal market function sure let's take a look at t-a-l, all right, so tl for sure a down trending stock um. Well, at least or it has been so yeah tal appears to be a strong downtrending stock um. We had just recently sold down to 25, pulled back up and then hit the two deviation mark and started to sell back down all righty.

This has no bullish divergence right now, so this is something i would not yet be buying long, because it's still down trending you're, not really off, of trend support. Yet there is no bullish divergence. That's occurred yet not much of a high or low. I would say um, so this is just something that i can't really get behind buying long into yet.

But if you are long or it does kind of shift long and i'm wrong about the timing of it, then your target move would be back to like about 34 for right now, yeah, like even yesterday's trade or friday's trading action, you see it sold down slow Down and just kind of just really was grinding down so still think that one has some momentum on the downside again: blue trader. It's all about statistics, your again, statistically speaking, 99.7 percent of the time when a stock gets up and or is trading at three deviations. Normally it's going to end up trading back below three deviations and then um. You know one deviation.

You have a 65 percent, you know 65 of the time most of the data is going to come from with inside. You know one deviation the mean and then vice versa. When you get the two deviations, 95 percent of the time, it's going to end up your training with it. So just all statistics based um so but that's generally, a concept is is coming into plays around those oversold locations, will generally put you into a high winning percentage high winner, a higher percentage of winners, all right, um, uh, blue trader.

You stop averaging into extremes when your trade is incorrect and so that pretty much just comes down to you deciding that you're incorrect and the trend is supposed to continue and so on so forth how you come up with that, i'm not sure. Well, i am, it just happens whenever it happens, which could happen at 5, 00 p.m in the day, 3 p.m. It could happen 10 minutes after you entered a trade, and that's usually just comes down from you figuring out that you've timed the market wrong or it's just gon na continue, and it's just just wrong um yeah. So we can take a look at gamestop.
So with gamestop realistically um, it's all about amc to a degree, so we recommended being long bias, a or long bias gamestop pretty much at like 2 30ish, and it might be wrong because it probably moved a bit since we last looked um hold on yeah. So we recommended being gamestop starting to be long game, stop at no to 234, 235 um all the way down to like pretty much. I think it was like 197., so we hit this didn't get to there, but so far the market's been trying to get bought up in this area. So the way i see it is the market's trying to hold support right if we zoom in on this four hour time frame, i mean you'll, see the markets flirting around this regression trend and currently the market is up and over it.

Let me zoom in there you can see we pushed up over it. So, for now the support of the market on gamestop is 232.83, and so, if amc ends up blowing up here today over the course of the next couple days, then that's what gamestop will need to shift back into the long mode, um yeah, so for right. Now that support this is resistance, yeah, okay, so for right now on the market. Is that right? I do that right, yeah.

I guess i do yeah, so you have like this little zone where it's. This is support of like 233, and this is like slight resistance. So, of course, up and through here pop down here, you can drop a little bit, but it's all about consolidating bullishly below 238.21 on gamestop and then popping through that which you're going to need amc to continue having a good day for that to continue. For that.

To happen most likely all right so we'll take a look at sox, l and then um we'll have to probably run here in just a couple minutes uh. So xl yeah, it's a bull flag. So if you buy soxl, there's a there's, a pretty strong chance, you're going to be green here over like the next week or something um i mean yeah, you look at the daily chart here. You know this is pretty solid flag formation.

All right, you go! Look at the four hour chart um pretty solid flag formation, et cetera, et cetera. You know, if you think about it, like you know, if you look back when it was like, for example, like this move when it shot up to here, you know some people probably thought like. Oh, that's a flag pattern in here and then it broke down because it's overbought, you know same thing here. Market goes up.

People like oh look at this flag pattern, but then it doesn't work because that market's overbought. But when you look at where you're at now you've sold off you double bottomed, higher low, you start to push back up, and now you have a flag pattern occurring in what is not currently an overbought market. It's currently slightly oversold and it still has a move up to 43 dollars to bring the market on soxl back to its long-term statistical average. So for right now there is, you know, porsche.
The market can very easily see. Soxl is in a value buying point and now that there's a bull flag occurring at a value by point yeah, it's probably okay, to belong that all right. The last thing we'll take a look at here is apple, because why not it's apple? Okay, so aapl yeah aapl. I would be more long bias on for right now, um yeah.

I would just to be straightforward. It's just long. You know it's kind of looking like we sold up pulled back we're in the lower dip buying phase. It's been consolidating kind of has like a flag pattern here on the four hour time frame so yeah.

I would be long biases with a potential target as far as uh like 131 for right now, alrighty sounds like uh. We're gon na have to run it's nine o'clock. This is generally where we hop off, but i appreciate you guys tuning in with me monday morning, probably won't be doing any streaming uh towards the afternoon today, because it's monday - and i already have some other things to do. But i appreciate you guys tuning in, i will for sure catch you guys back on tuesday, probably do a little streaming on tuesday afternoon or afternoon and then, as you go, make sure you hit the thumbs up button because the youtube algorithm eats it up like crack.

So with that being said, i will see you guys on tuesday. Everybody take care, have a great rest.

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3 thoughts on “Amc bulls are charging”
  1. Avataaar/Circle Created with python_avatars hang Thai says:

    Hi Connor did i have to change back Cus SD v5 or keep SD v6b ? thank you

  2. Avataaar/Circle Created with python_avatars Shane Freese says:

    Connor, you are not an APE. APE's HODL, no shorty shit. Get with the movement or go play GNUS.

  3. Avataaar/Circle Created with python_avatars Dakota Grusak says:

    I

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