What's going on, ladies and gentlemen, traders, amc traders, everybody welcome back to your midday market stream, got ta say amc is crushing it. It is done what has been needed to be done or it has done what it needed to do. So. Amc has taken back the short term control point on the market, which would cause the squeeze so for those of you that turn in tune in every single morning with us at 8 30.

We generally are gon na go over or cover the stock amc game stock and then a handful of other stocks as well, and today's recommendation was the bearish market had control on the stock until the market reversed back through the prices of like 55. Give me one. Second, perfect and i'm getting my drawing tools, so today's recommendation for amc was the market basically had to come back up and through this point and then the bulls would take back control kind of on this move and that's where the bigger move could happen. So amc reached our long target for the day, so with amc breaking here, this trending move had a target price of 63.25 to about 61..

So i'm going to show you guys how you go about getting that. So when you look at amc on the daily chart in one second moving a little slow here this time of day, so when we take a look at amc on the daily chart, you see this purple line. Okay, you see where the top of the day's trading day or trading session is on amc, so this is the top right, so this would be the high of day for amc today. This purple line would be the plus four deviation mark.

So this is ideally what the market was targeting to as well as the four-hour chart. Three deviation mark one second, so if i zoom in you will see this blue mark here, so that's how we get those two red lines. That's why those two red lines are there to kind of match the deviation on the four-hour chart and the deviation on the daily chart or the yearly chart and um. So with that being said, that gives amc a price target of 63.25 to 61.26.

Now, if we zoom in you will notice that as soon as we get to this first red line, we start to see a little bit of selling and then it instantly pops all the way up to the next red line. Then we end up swinging downwards. So pretty much the way we would view this is this is kind of the start of big resistance and a lot of times. Shorts will get squeezed one more time over that level and then the move will start to come back down.

So nonetheless, that is going to be kind of your top resistance zone for the day. Currently, on amc and there's a good chance that amc does not go back to breaking that level today. That would be very impressive for amc to do so. Just know.

Amc getting up and through the current high a day would be extremely uh, surprising but possible. I guess so for right now, really just neutral on amc again, the play was through the control point today, moving to 63-25 and then even being bearish for a short trade in the 63-25. The only thing i'm thinking i would like to do, if i were on the long side, is buying a bounce here, because i know if the market falls to this point, amc would have a really nice dip, buy right around that 57 price other than that. Pretty much just neutral on amc for the time being, it's very interesting that my stream is uh is having issues it shouldn't be having any issues.

Let's check my speed test again, because yesterday was that yesterday i think yesterday a stream for a little bit same thing. Second stream of the day my internet started to run slow, even though i have a thousand upload and a thousand download um. We shouldn't be having any streaming issues, so i mean yeah like right now we're running at 500, upload right now for the internet, now 390. yeah! So right now my upload speeds at 390..

So really shouldn't be any issues with the stream all right. So now what i'd like to cover is pretty much all of the stocks that we reviewed this morning. So in our morning pre-market session. A lot of the stocks that you guys asked for us to cover and talk about we're gon na go back over right now and sort of just recap them and then see what ended up happening.

So clsd was a very popular one today. So the recommendation today for clsd was to be more long, biased to stock, but only up to the 560 to uh, like basically 590., so that was our recommended target. Was this yellow box, and then that was also the recommended selling area. So we didn't suggest to be anything more long bias and pretty much the six dollar price on clsd.

Now the way we go about finding that price target was by looking at the daily chart and the 180 180-day 4-hour chart, and basically just using the trend line. So again, we're going to kind of delete this one we're going to delete that one and we're going to redo it. So, starting here with the daily chart, we're going to make our price level here at 560 and we're gon na go to the four hour chart. And we are going to make our price level here at uh 590.

And then, when we go and look at the one minute chart you will see, that is how we come up with that resistance zone. So this was the recommended long target and selling zone on the market today for clsd. So really really awesome follow through. With that analysis from this morning, next one we'll talk about is mtp.

Mtp was another penny stock from this morning and these are actually, i think i think i put these on here this morning during the pre-market session. So the question was to be long on mtp and i recommended you didn't really want to be too long buy as a stock unless it was actually breaking through sort of the pre-market high levels, because this zone was a big resistance and this zone was a big Resistance so pre-market after we had bounced. We were really trading up back into the resistance zone, so the market really already kind of broke up and traded back to resistance. And that's why i was recommending you probably shouldn't be too bullish to stock mtp unless it was really up and through the pre-market high.

Because at that point the market would have been through all this long-term resistance, which then could have forced a short squeeze okay, and so we get these um levels by again going to the daily chart. So we're going to go to the one-year day chart here on mtp right. So when we go to the one-year day chart you will see this blue line right here is for this red line. Okay and then, when we go to, i think it's the four-hour chart.

Next, when we go to the four hour chart, you will see that this blue line down here is or sorry. This red line is for this blue line and then right here. This red line is for that red purple line, and then why did i put a line there at 378? Hmm that i don't know why unless i missed it, oh yeah and then, when you look at the daily chart, you'll see that uh. I was just zoomed in too far, so this purple line is for that red line, so all that purple line this line that line this line, that all just means that basically we're looking at the long-term chart figured out where the resistance was located and then came To the realization that this morning pre-market for the stock mtp, it was trading all in that resistance.

So it's just going to be very hard to break it out. But if you did, you could have forced a bigger short squeeze, so that was mtp um. There were a couple more that we reviewed this morning having trouble remembering yeah. That was pretty much it.

I mean there was k-u-l-r, but that stock we recommend it was probably just gon na dud out and not really trade very well for the day and it didn't um. There was oh there's, here's another one v-i-n-o a lot of you. Guys probably saw this one from today and then we did look at trch um. So v-i-n-o was a stock that just kind of popped this morning and then it got halted on the way up.

So this was one that i seen it get halted and um. Basically, i came to the realization when it was halted that maybe i wanted to trade this stock, so i was going forward and doing some analysis on it. Anyways that analysis led to me figuring out that this was going to be the resistance. So when the stock unhalted, it was going to run to that price and see resistance by the time it opened up this candle squeezed so fast that there was no point of taking the long trade and then i just don't think i was quick enough to pulling The trigger on the short trade here either before the candle came down so basically missed two opportunities, one of a long and then one of a short all right and then miss the next short.

And then i missed that one too. So pretty salty about that. But when we look at vino from the one year day chart you will see why we had resistance where we had resistance so in why the stock did what it did. So if we look at this time frame - and we kind of just zoom in you - will see this morning - that the market for v - i n o - was opening right above a half deviation.

So basically this morning it was opening up on support and then, when it started to jump it got halted it gapped up and then it pushed up to a price of about 755 which at the time we have a plus one deviation that trend line. You see there that yellow one comes into play at about 755.. We go back. We just kind of look at the one minute chart what happened on the intraday.

You will see that the market opened up and bottomed and squeezed right off. The half deviation, price point went up, halted, gapped up ran to the plus one deviation mark, which was at 755, and then it swung down. So essentially, what happened was we went from a long term, half deviation and i'm going to type that, because it just looks better because i can't write for with this so long term half deviation support. I should probably make that bigger.

You guys probably won't be able to read that let's make that 36 sure. So that was a long term, half deviation support and then this up here was a long term. Plus one deviation resistance all right. So that's that's what that was right.

So today the market went from a half deviation, bounced back up to plus one and then saw resistance, and then everything that happened in between is just whatever right. So that was another really good spot on analysis for the day, um and then other than that. Really, those that's pretty much most of the stuff we watched, we did a little bit of trading on orph today. Orph was another stock today that had a good move.

Now this thing's been having good moves. Pretty much. What we ended up doing was a short trade ended up shorting here and covering that drop um and then never took the next short. I didn't do anything else with it.

This one was pretty straightforward, um again orph. I got bought up on the day back to basically just just resistance back to selling targets right, so orph today opens up and it pretty much you can see it's just. I have to zoom in a little bit on this. One give me a second, oh.

I got to do this first and then it will do it. Okay yeah, when we zoom in here you can see on the day orph pretty much jumped back up to that purple line. And then, if we switch the time frame to a daily chart, you will see that the high a day ended up being one of those levels, i'm pretty sure yeah. Then we go to the daily chart.

Same kind of thing. We zoom in you'll see that the top of this day was pretty much just right on resistance. Okay, you see this daily chart coming up almost to that resistance. Okay, so that's really what we did with the orph.

We were bearish orph. Today, amc took back control um, which was really nice, so i'm really happy about that. The apes are doing their their job as they need to be. Ah, man a lot to cover there a lot to cover whoo, sorry that could have been loud there's a lot of stuff going on there, so uh yeah.

Ladies and gentlemen, that's pretty much trading in a nutshell. Um is think or swim. The only platform that has this is the only platform that i've come to find that has these the way that i need them to do what i need to do and that actually work um. So, in a nutshell, yes, i wish that weren't the case i wish we could get them on trading view.

Some people say they have them. Uh people have sent me algorithms, they sent me codes, i put it in and none of them end up even really working. Very good, so i've seen some that are good, some that are bad, but none of them tend to ever really be as good as thinker swims, for some reason, just never seems to quite work right, hmm, one! Second, hmm all right there we go. That's better huh neo, i mean yeah.

Of course we could take a look at neo. Why won't we uh? Why wouldn't we give me one? Second, though, live. That's better um! You just joined discord this week, uh to be completely honest in our discord, chat room. I hardly even communicate really.

Discord is just there for me to see what other people are communicating to me when we are using our zoom meetings, so i would be in the day trading room and that's access through premium trading. So if you're a part of the free room, then i don't do a whole lot of interacting there. Again, it's just more or less a stock chat room for others to hang out in, but most of my time either spent here in the morning and or in zoom, which is via our premium trading service um. So yeah.

Let's take a look at neo here and see what we got going on: yeah neo, so you can see. Neo is up to 47.72 today, as recommended from a couple weeks back our overall at most target that you'd be going for on um neo right now is 53, so we're expecting that in the future, as neo gets up towards 57, this is most likely where the Market would then try to pull back or have a bigger pullback so again, for the most part, we're expecting we're going to be seeing prices of uh. Excuse me, like 50 sat or wait. 52-Ish 53ish on neo is a pretty good outlook.

Um, let's see you know trch we can take a look at, but trch really didn't. Do you know? Trch didn't really do a whole lot. Today, um it ended up trading down to uh pretty much our price target yeah. I think that's what ended up happening.

So i don't remember exactly what we said this morning on trch, but i do remember seeing uh that you would probably want to be more bearish to stock, but you'll. I mean you'll, see right here. If i zoom in you're gon na see that i have two levels here, you see those two lines. Excuse me, you see these two red lines.

That was my downside price target for the market on um trch. That was what i was recommending as a downside. Swing move for the stock trch. You can see it got all the way to 486, but pretty much.

What we were doing was targeting back to this green line today. So you can see the market swung down pretty much that green line and and that's pretty much what trch was trying to do today, um. So for the most part, i don't think you're going to see a whole lot more downside trading from trch. Today, i could be wrong, but the current support of the market is in fact this previous low point and that's currently the level that the long bias market or the bullish traders are going to have to hold on trch for today, uh or else they're gon na See more downside movement what's his uh, so guys.

If you go to the description of this stream, there is a link that will take you to our discord, chat, room, it'll, say: 30. 000 members, even though there's probably like 50, 60, 70 000. These days so anyways uh yeah the link in the description where it says 30 000 members chat room. That's the uh! That's the discord that we're talking about whoo a.m.

Mcdizzle going for the am mcdizzle huh yeah! We can take a look. Why not? So i'm just gon na i'm gon na go on a whim and say that after we do our analysis, this top i'm just gon na go on a whim and say that this top right here ended up being a long-term deviation price. But from the analysis earlier, i believe it would be a half deviation, because i did look at this earlier and i don't think it was on a solid. I think it was coming up to a half, so i could be wrong.

Let's see what we come up with, so we go start here at the daily chart on this no level, nothing there. So i could be wrong. Let's see, go to the four hour chart no level, so no, we did not top at a deviation that i thought we would have, but we are pulling back to one so there we go so we broke out there but anyways before i start talking a bunch Of crazy stuff, the recommended long target in this amd move for people who had asked earlier is up to 86 to 88, but nothing higher than 86 to 88. For the time being, on amd and part of the reason you're seeing such a bullish move from amd is because it's other well, you can almost call it it's counterpart.

Uh nvidia is also having an extremely bullish move. So pretty much amd is having sympathy to nvidia. If you look at nvidia, nvidia has been going up and it's crushing it today and you'll notice. That amd has not just been going up and it hasn't just been crushing it sure it's been bouncing, but nowhere near the degree of nvidia's move and then nvidia just put in a really really solid day today, and then that is also what that that's.

The main reason um that you're also seeing this volatility into amd, so we're not looking for anything more than 88 to eight or 86 to 88 right now on the stock uh amd okay. So that would be the recommended selling target of this breakout in that move. For the time being now, something i was going to say is amd is currently pulling back, which is probably coming all the way back down to about this price. Okay, so this was probably the price target for the day.

Okay, this was the price target. The markets were going for and you'll see that when we came up to it here we shied it pulled back, came up to it again, just over pulled back and then we got over it held above it and you forced another bullish move. But now the market has ended up coming all the way back down pretty much to that point. So this was probably the target for the day, but there was probably just so much fomo and hype that the market was able to continue pushing the move over the desired target for the day and that's why you've seen that move given back so easily? Because it's almost like this portion of the market today was euphoric, and now it's just reverting back to what its original target was supposed to be, which is right about there.

That's what i kind of see is taking place right now on nvidia or on amd. Excuse me uh yeah. We can take a look at the stock li and, if you guys would do me a big favor and go ahead and lick just lick the like button, because it dramatically helps the algorithm and that's, what's really going to help our streams, get to more people and Help teach some more people um some proper analysis in the market. So do your job help me out help me help you give it a little tickle and we'll be just on our way.

What's next l i um, let's see oh, i looks like a false breakout on the plus one deviation. Four are now pulling back getting rejected. Okay, so probably let's see four hour chart. Well, it already broke out.

It wasn't a false breakout. I mean yes and no. Yes, and no so it broke out, it's almost the same exact situation as amd right now, where you know the market is strong. It broke above and now it's pulling back down too so the way that we look at this when so look at look at this time frame right now, all right, you see the plus one deviation mark.

We got our horizontal line. All right, you don't know right now because we're not looking at say like a five minute or a one minute chart, but i can guarantee that when we go look at a one minute chart the stock rejected around the price of like 30 bucks or so 3007 3005 or whatever right around 30 dollars, i guarantee. When we look at li you're gon na see rejection rejection. Then it probably does like a pennant and then it breaks above that and pushes up and then all of a sudden it falls apart.

Almost back down to that resistance or that support level, let's watch so let's go see, look at that ready! Look at that! Look at that boom literally told you. I haven't even looked at the stock today. I did have it up on the chart a second ago, but i wasn't looking at the spot, but i haven't even looked at the stock all day and i literally just put a price level and said: i guarantee the stock rejected, rejected, rejected, created a bull flag And then broke out there and that's exactly it. This was probably the desired move for the day hype and fomo drew it all the way up to here, and now we are reverting back down pretty much to that price.

Okay. So it's kind of like this was target. Well, let's type it out so like target to a degree like that's that's the way you can almost look at that market uh to an extent today, um so anyways. What i would do with li is, i mean you would basically be looking to be a long bias around this zone, and you can see, we've already came down.

We started to bounce a little bit, but you should be looking for sort of the dip hold in this area. We've decreased enough now, you're, looking for something around that area to create a bounce on the day is, is probably what you're you're trying to do with the stock ally: hmm yeah, no problem, matt. I appreciate you tuning in my man thoughts on the stock. U t m e, let's see, hmm was this just today.

Why didn't i know about? I mean i remember seeing this earlier, but i don't know why, like this, never even like crossed my mind and there were shares of short 44 cents for a hundred shares. Get hmm uh yeah. I have no idea why this went down the way it did, but i would assume probably not something you want to buy to the long side probably want to stay away from it. I have no clue what its deal was, but i mean you can clearly see it was in an overbought location, so pre-market when it was trading at 74.75.

It was located in the overbought location. It is now sold off pretty much all the way, but once it gets down to about like what is this price down here, like 14 or something i mean once you're trading down here, you've pretty much sold off the entire way it shouldn't really keep selling off Too much more but yeah, i would say bearish this, but not really wanting to do much with it math should you go all in on robe rblx right now, probably not i'm just gon na, say uh yeah. No, that looks like a bearish move and uh. Well, let's see market so far is sideways.

Before i speak too soon have it. Has it been in a sideways market, um kind of well, we just popped the other day and then pulled back. So, let's see daily chart, you have the 50 moving average. Hmm all right, let's delete the old drawings yeah, probably not gon na - want to go all in on this right now i would say so myself.

I guess i don't really know what your whole game plan would be, but you are coming more into the buy zone. Theoretically, right because again kind of high low high low high back towards the low, so you've already done your upswing. You've done your downswing! That's why you're starting to see this big bind here and that's why you saw this pop was because we kind of came down towards support um, so yeah realistically, more, like a longer term swing sort of idea, you could be more on the long side of this. Rather than the short side on the intraday, though realistically you're kind of at support right, you bounced here bounced here, you held here so so.

Realistically, this is kind of the dip by location of rblx for the day um, but you're you're kind of in a sideways market. So it's it's like this. You know you're you're, doing it up down up down so you're doing the sideways market trading right now. What happened to bb? Looked it licked, it real good.

All right, tony we'll take a look at the stock, sos all right, we'll give it a go. We'll give it a go. Hmm! Well sos! I think this is a meme stock. Wasn't it a meme stock? Maybe it was, i mean, oh, that was koss.

Maybe sos was honestly. I can't even keep up anymore, so is the cryptocurrency stock anyway, so it looks like there's a crypto related stock. You had what appeared to be like a bull flag, it kind of broke up, but just couldn't sustain, and now it's rolled over. I mean this one isn't in a formation that looks like it's just gon na rip right away.

It doesn't really appear to me. It's just gon na tank right away. I think you're, just gon na probably stay trading along this trend for the time being. For the most part, i that's that's pretty much it.

I mean there's not a bunch of volatility here. You are more in the long zone of this market rather than the selling zone um. You can see if you look to the past. You've had support here before that broke out.

That's basically, where you went back to again, which also is this one deviation trend. Okay, so for the time being, i would be optimistically more long, biased just because of where we're at with sos, but i'm not a crazy fan of it by any means all righty. Let's see what else do we have here? Keep them common people, keep them coming, let's see, bb yeah blackberry, so blackberry, memestock pumps with amc, amc's going up ish, all the other meme ones are going down, so it tells you most um. Most popularity is concentrated into amc right now, so here's the deal um.

If you look at it i mean it's just overbought back down back to trent. You can see that right. There's trend we went up through trend, broke out, pulled back down too so realistically, for the time being, bb is probably done. Moving to the downside, uh for at least right now, because we just reverted back to the statistical average, so probably not a whole lot more movement to the downside, um out of the stock bb for the time being, um yup, that's pretty much it! We can check the daily chart, maybe give us a little more info.

I mean same thing: if you look at the daily chart. Right i mean daily chart was up overbought back down, basically to trend support, so you're kind of slightly on more of a long, because it could very well bounce a bit off this trend um, but again, nothing really crazy going on there uh. What's your basic, what you would be banking on right now is a short squeeze from this and you've already seen. Amc keep going up and these keep fading out.

So something has to give in this market, or else they're, probably just going to continue to thin out to the downside, t-i-g-r yeah. I haven't seen that in a decade how's our amc friend doing amc holding very well yes, given that squeeze sort of uh feel so yeah by the way, still recommend watching amc. Long bias at this point still long bias. So, looking at tigr all right, tigr up overbought down bounce back to trend fails, the breakout of the trend pulls back bounces back to trend actually breaks out.

The trend goes up, pulls back down to the trend. The trend is this all right, so basically, what that means is you just went through the dip buy you missed the dip buy on tigr by a little bit. Let's take a look at the four hour chart could give us a little more detail. It gives us the perfect detail, so look at this ready, so tigr it's going through its dip, it's going through its dip.

You get long. You say you buy this debt. Where is your price target for this bounce? Your price target is right here, this big arrow. I'm drawing this one that would be your price target.

So if you bought this dip, you'd be buying the bounce up to this point, how do we know so watch what happens when we go to the four hour chart zoom in zoom in zoom, in we'll even scroll it up like so bring this bad boy like That scroll it up a little bit like this shrink it down just a little bit, and you will see that if you bought the bottom of that dip, we came all the way back up to our for our trend. Because stocks like to follow trend, they trend stocks, don't like to break out breakouts happen stocks like the trend. Remember that stocks don't like to break out stocks like to follow trend, breakouts end up happening, breakouts happen, but stocks follow trend. Your big breakouts are, when trends break.

Remember that stocks follow trends and big breakouts happen when those trends that are supposed to be followed don't get followed. So that means like, for example, when a big big short squeeze or something happens, it's normally because one of these trends didn't hold on the downside and starts to break up, causing a short seller to take off of his position. As that trend is shifting or changing. So again, stocks like the follow trend.

Big breakouts happen when the trend shifts the shift. Points are determined by these deviation points most of the time. It's true dude. It's not trend, it's true, so anyways, that's tigr for you, um, so yeah, i think tsm.

I think i was getting that or maybe i missed that one. I did miss that one, mr ridley, sorry uh yeah, so we'll take a look at uh tsm here, tsm, okay, so tsm is more of like the dip sort of you know: accumulation phase right. It kind of went from down here up here back down bounce to trend back down, holding grinding, so right now you're trying to target back to about 128 to 130 in that market. So unless the stock falls apart, unless i don't know something crazy happens, they should be trying to return back to about 128 for right now.

Let me just check something else: daily chart 133, so yeah. In this situation we would go for a price target of 128 to 133. So that's pretty much your target long zone for the market right now on tsm you're trying to get back to about there and you can see we kind of held this trend right there good grind, so i don't think the market's gon na swing back down to Go back up, i could be wrong, but you know if you're long now or getting long you're looking for a move to here, but also know you can still pull down and hit supports around like 111., so um anyways. I think this trend looks pretty solid right.

Now you have the price action of the stock back up and over 50 moving, average 100 moving average, so on so forth and still have room to run up to the regression levels. I mean you know, i really don't know. I have no idea if amc can hit a thousand um. I don't personally think it could hit a thousand, but i mean let me think about that yeah i i don't see a thousand, but what the hell do.

I know i'm, not the one. That's calculating all this and saying squeeze this squeeze that uh, but still i mean i don't. A thousand bucks seems pretty far-fetched to me but um again, i hope it happens right. I really do see, but the problem is right.

You know here's. The other thing is: if amc were to go to a thousand, then it's like yeah, no, i'm gon na short the stock right like if amc is trading up at a thousand bucks. It's like, of course. I want to short that which then further emphasizes like.

Oh we're not gon na close we're gon na keep, holding and squeezing the move right. So it's like what do you do right? I mean if i saw amc trading in a thousand. It's like yeah, no empty. My bank account and short the shuttle that stock, but can i stay liquid longer than i can outlast a bunch of apes holding a stock? I don't know right, so you know basically to me and the other day we did see something where and i don't know how real it is.

Maybe you guys can tune in on this, but the other day throughout the internet. There was something going going around and that was that majority of the float of amc stock was owned by the retail market, all right. So, let's just say that was all good and true, then it would almost be like the retail trading market has become the federal reserve of the amc stock and then there would be they are kind of who dictates the pricing there. So if amc retail market owns the float, then inevitably they would be the reason, the stock crashes, because it would be their selling pressure that implodes the stock theoretically, which then goes back to the argument that if we saw amc at a thousand, would you go short? I mean it seems like a no-brainer, but if everyone who owns the float isn't actually selling anything, it could be hard to drive that price down.

Now there is still a lot of outstanding shares right if we were to look at amc here real quickly. Now, if we look at amc, there's a 448 million share, float um and also has 450 million outstanding shares, so there's still 450 million shares out there that are not owned by the retail market. Just from a very simple view. Now this has nothing to do with naked shorts covering this covering that, but this is just simply the amount of shares that are out there in circulation that aren't currently in the hands of retail markets.

So, even if the retail market owned 448 million shares, there's still another 450 million shares that are out there, that aren't within the hands of the retail market that could still be sold to and into the market which at this point theoretically, could be a total of 450 million shares dumped into the market now that, of course, that's not going to all gon na happen, because there's rules and laws and things when people can't distribute their shares within the ownership of the company and so on so forth the idea. But that being said, there's still a lot of shares out there that aren't owned by the retail market. So you're saying it trading its float in three days is normal. Come on mr l melech corzo.

No, there is nothing normal about a stock trading. Its float, especially at 450 million within three days. No, there is absolutely nothing, nothing normal about that. What i'm simply saying is if the retail market owned the entire float again, there's still a ton of more shares out there that can be sold into the market.

So right now there are a ton of shares theoretically exchanging hands here right. There are a lot a lot of shares, exchanging hands, i mean hell. We traded 176 170 million shares just yesterday alone day before that 167 million day before that you're into the 285 and hell we almost hit a trillion um sorry a billion the other day. Now the interesting thing is is: if the retail market owned the entire float, then they're exchanging the shares all the way at 56 bucks.

So it's just like you know. Anyways, like i said, if that's the case and the retail market owned majority of the float, then they would be the reason that the stock goes down themselves because they have all the power and all the shares. So again, it's a very interesting dynamic, but i don't see it going to a thousand if it was at a thousand. I mean i think i would just have to take.

You know a bunch of money and short the stock and just kiss a good buy and to say whatever or just buy or find the best possible entry for an options. Trade that isn't so ass ridiculous because of the premium and then maybe try to take a position that way or write calls, but at that point you're trading at a thousand. You just have to take some money kiss a goodbye and just go for it. At that point, i am a turtle banana duck, duck squeeze hold old diamond hands, i mean we're.

We are literally banking on that. We are literally banking that now, actually i amc's squeezing over this high totally understandable. This is. This is really the move that i would be looking for in this whole sort of long scenario.

The only thing that i would look for myself would be like one more breakout over this high that that's probably what i would generally be looking for is amc to do one more breakout over this zings it up into the hundreds and then then the true dump Happens and part of the reason i say that is because i've seen scenarios like that before plenty of times. If you look at the relative strength index right, look at where we were, if you look at where we're at now. So if we blow off into a new high, that could very well be what creates a bearish divergence on the rsi into the next high and then the market rolls like that. So you know i'm kind of thinking we are going to put in a new high here very soon, especially after seeing today's trading day.

Today's trading day is giving me more optimism because, again, the bulls took back the very important control point, which was right there. That's where we needed to get back over to sort of gain control of the market on the bull side again, and we were able to successfully do that. So that's why i'm i'm also optimistically more bullish today is because we saw the shift point get taken back from the bulls diamond, penis, very good, uh, the stock apop and then also nicholas. I don't know if you're still here, but we will take a look at bngo.

I know i kind of skipped over that one, but i did see your comment earlier and just kind of forgot about it uh, but before we do that, we're going to take a look at apop, which was also another stock today that we did do an analysis On i forgot this one: we did an analysis on pre-market today early morning and the recommendation was to only be long as the market broke through pretty much the pre-market high. So if we zoom in a little bit, the recommendation was to be bullish only through this break and the reason being is because this was a lot of long-term resistance. This is a point where the market usually doesn't break, or if it does, it's gon na come back down under. So the recommendation was to be long only with the break through the pre-market high and then you would target somewhere up towards, like i don't even know if i gave him a target, i don't know if i gave you a target this morning on that because i I don't think i did but i'll show you it so anyways.

The recommendation was to do slight long through this and really the atmos target you should have been going for in this breakout move was up to 623 and i'll, explain why? So when we go and look at the daily chart, you're gon na go here. First, you will see this purple line, see that purple line there bing bing boom right, okay, and then we go to the four hour chart. Okay, you're going to see this blue line. Bing bing boom boom boom, and then you see this purple line bing bing boom boom.

So again these two red lines and this red line. This was the long term resistance market was lucky enough to break it out, so they broke it out, tagged up to the next resistance, which was like the 614. That's why i was saying you're only long as the pre-market high breaks and you're only long up to the 634, and then you can see the markets come back down. So this is almost the same.

Exact concept of amc breaking up today same concept as whatever that other stock was that we looked at where the market breaks out. It gets a little fomo a little excited, and then it reverts back down. So this was pretty much the target right. So this level is target and everything over it was just kind of fomo and euphoria, and then the market has swung back down.

Okay, so that's the way i would analyze apop for the time being so really not bullish on it. Not really bearish on at this point, pretty much all done. Hmm so suggested enter price was here that was so your entry price long was here you don't you? Don't really have one as good for right now. Um.

Your next sort of big breakout move, though, can only happen as the market. Well, this is the way the market would most likely perform. You'll get a long move from. Oh all right, so we stop here cool long move from blue to purple.

Okay, then, your next big move is break above purple and at that point you're just going to let the market squeeze itself out so again, if you're getting long where we're currently at you should be pricing. A move up to 73.50 now you're only going to get the 7350 when the blue line, trending resistance really breaks. Okay, remember: blue line is overbought. Market is overbought so again, you're really trying to trade.

This market up and force shorts or just people up and just keep it going most cases the stock would have already sold off, but this is amc moon gang nation. So that being said, uh, let me check the four hour. Oh i'm on the four. Let me check the daily chart, okay, so when we look at the daily chart, okay you'll notice that the daily chart has this purple line.

So right now you're on resistance and your next big long move happens when the market successfully gets up and through and breaks through, pretty much 65, then you'd probably target up to 73 or the previous high of 72.62. Okay, i'm now turtle approved so yeah, like i said uh over the 60, like uh three level 65-ish you're gon na go to like 73 previous all-time high, then once it gets to the previous all-time high people will just be like. Oh, this thing's really gon na squeeze and then they'll, probably just they'll, probably just rip it. You know what's going on mr philly duff, mr philly magoo, there you have it david and by the way, david we're gon na be putting a lot more into that uh course.

I just move really slow between all the things that i do on a daily day basis. I do kind of move really slow with getting some things done there, but uh yeah, we're definitely gon na, be updating the course obviously, but yeah good stuff thanks man. I appreciate it so um yeah, so david. It sounds like um.

I don't follow bond prices all that much, but it sounds like you're saying the tenure is giving up its entire y day mood tire yesterday move. Maybe that's yesterday's move, so it sounds like you're. Basically saying that the 10-year yield is dropping, therefore, you should be seeing money moving backing back into equities because there's more of a reward than there is in the bonds, because yields are lower. I'm assuming that's kind of the storyline we're going on right now.

Um sure i mean you guys know me, i've been saying, so i don't follow bond prices. All that much yes, i know there's a relationship there um. All i can really touch on is is really my outlook right and so far the nasdaq is moving really good, uh today alone, but our prediction was that the market would move back to this trend line so pretty much when the market was down here we said Long with a target of here, so we have done that right. The market has gotten back to where it wanted to get to so my expectation was.

We were actually going to start seeing the market starting to sell down a little bit like we're, going to start to see more bearish trading coming over the course of the next week to week and a half. We have yet to really see too much of that. But i'm going to hold to it, i'm going to stick to my guns, i'm anticipating we're not going to be seeing significant moves into all-time highs here. I think we're going to start seeing the slowing down of the market um at this trend, so going through like a phase of a pullback.

Pretty soon is my expectations. Um. Do i think? Oh our oh wait. We got ta look at bngo totally forgot about that.

Almost again alrighty, so bngo was our long candidate not very long ago, so the recommendation was, we could see. Bngo go all the way down to this red line if it did not hold around that one. So we're starting to hold around these red lines, which just basically means people are buying the dip there on bngo um. So i am optimistically more long, biased on bngo.

At this point, let me check the daily chart again: yeah, i'm still more on the long side of bngo, maybe just trying to target back to about nine dollars for right now. Um i mean i, i never try to average down a stock like apop. If i got caught in it and then hope for the best, you know a lot of times i myself just take. I just take the l um, but i mean i mean in reality.

If you have ownership of apop right here, you're guaranteed a loss right like buying apop above that price. You guarantee yourself a loss by holding the stock, because the stock will 99 of the time come back down below the blue line, so anytime a stock. Like a penny stock is priced over the blue line. You almost guarantee yourself a loss, 100 percent of the time by buying above the blue line and then holding the stock because it will normally revert back below.

So i would not be bag holding apop myself, especially if i had ownership up there, because that means you have to basically apop has to perform the best of the best of the best just to get back to your average, because your average ownership price is when Apop had the best the best of the best of the best, the best move on the upside, so even a little mediocre pop here, a little jump here. It's not going to do you because you have ownership, you know literally on the moon, so you got to wait till nasa departs for another mission to the moon before you're, going to see that money come back and that could be a long time. So that's my outlook there with apop. So today today was a pretty decent day.

Today i traded o-r-p-h traded k-u-l-r did a small little short scalp on amc um because i missed the breakout and i don't chase if i miss um traded gld for a loss of 53 bucks, traded, vino, very small, very small scalp trade, because i missed the big Trade and then fat fingered into pa phas on accident, taking a three dollar loss, so the trades today um one second, so the trades today for me were k-u-l-r, and that was so. This way is that it is okay. So the first thing that i did today was trading k-u-l-r um, we'll zoom in a little bit. So did a long trade like here scalped up that move, bought the dip here, scalped up that little long move and then reversed into a short here and covered into this drop there.

So pretty much two long scalps on the top and then reversed into a short and shorted down to there had no idea. We were gon na thin out like that. That's a very uncommon move to see it's not not typical to see a penny stock. Do this drop down and just go like that, it's very uncommon, so it's not a move that i expected was going to happen and keep going, or else i would have just stayed short the whole time.

So the reason that i ended up going short k-u-l-r, where we went short, is because it was overbought and if we look at the four-hour time frame, you're gon na see that the stock was trading all the way up above the purple above the blue. And, as we said, ninety-nine 99 of the time when that happens, they're gon na trade back down below the blue, so we wanted to be bearish there. So that's why we're bearish. So that was a good one today, next one on the watch or next one that was a the best trader, was orph, so traded orph good, not great, miss some opportunity there, but first thing i did or ph i watched it go up.

I identified this as a resistance, and so basically, when orph got up to here, i thought it was a little fomo a little excited, so i ended up shorting into this top with like a thousand shares, or maybe a little more than a thousand. I think it might have been 1500 got up to maybe 1600 but anyway shorted up to about 1600 shares into this move and then covered in the bottom of that candle, and then i was debating shorting this top, but didn't feel confident enough. So then i didn't and then it swung down, just as i thought it would so pretty salty about that. So nonetheless orph i was able to identify that pretty much.

This was a selling zone, so i decided that bearish in the top there and then had a down swing in my favor, so i was able to uh able to make a profit on it, traded, uh, amc again, amc was pretty much. You know see at the time i was doing all those other trades and amc breaks up and then um. You know i just never jumped on the train with amc and then i was trying something new which pretty much led to me doing a little short scalp. Like right here, like shorted, here, covered that little pullback, and that was the only thing i even attempted with amc and then i hopped offline, took my dog for a walk and come to fine amc met our price target.

That was our price target on the upside. For this breakout move, so i hop offline, go kind of get lunch. Take my dog on a walk, come back and see. Amc has met the price target.

If i was around um, i would have been selling amc short in that high because that's where amc was meant to be sold today, so that was your short entry target area. But again i was out walking my dog, so that didn't happen. Then the next thing was gld. Gld was a long trade basically started buying long pre-market here got caught in this drop and then bought more like here sold this one held some tilde open ran up to here then sold here ended up still losing, but the concept of the gld trade was to Try to bounce the market today, so you'll see that gld sold all the way off down to this trend a lot of times.

This trend is going to hold and we are going to bounce right around there. So we tried to basically bounce the gld market off its long-term statistical trend, but we were unsuccessful today and failed at doing so and a lot of times. You'll know that you failed when the price breaks below and then just cannot recover your price. That's kind of how you know that you failed, so we tried to do a bounce trade starting here added more here took some off held till about here and then closed out for a small loss of 50 bucks, and then you can see the market ended up Fading up a little bit and then the last thing i did was a small trade on vino because i pretty much missed it.

But the idea was to be long v ino after the halt with the target of here and then being short biased around this level, and basically it all just happened so fast. I missed it. So the only thing i did was a small short trade on vino here, trying to fill the intraday gap and then, as i get short and the gap starts to fill, i just covered into that bottom before we went through the next pop and squeeze, and so Those were all the trades today for me: uh go to four deviations. Now yeah we could take a look at gamestop, so gamestop is still, it might have changed a little bit here i mean gamestop has been trading up.

You know it's been going up in the recommended dip buying zone that we mentioned last week, so pretty much since the time gamestop got to this price, we recommend watching it more on sort of the dip buy, because that's what the market was going to try to Do so far it hasn't been successful at really breaking up um, and that's really just it. I mean the momentum on the long side will shift bigger for gamestop if it can get up and through the price of uh 238. So for right now, your target in the market on the long side is like two 238 dollars. Your breakout move would happen through 238.

So again, right now the trend is at 238. If you can shift above that trend at 238, that's when you're gon na start. Seeing your next bigger green candle sort of play into am into gamestop so again through the 238 price. Gamestop can actually kind of give you a pop move.

Now, at the same time, we've been seeing, amc trading up and gamestop has still been pretty slow, so it doesn't seem like there's quite as much excitement in gamestop these days, obviously, as there used to be, but even in comparison to amc, currently uh quadruple witching. I think that's when i'm not a big option sure, but that, like the end of the quarter or when monthly, weekly um quarterly and like maybe yearly options, they all expire on like the same day or is that like that might be so? I might be thinking of something else, but i thought that's what that was, but again i'm not the biggest options trader. So that's not necessarily questions for me. So what's what am i thinking of?.