AMC DROPS TO PROJECTED OVERNIGHT TARGET
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Good morning, ladies and gentlemen, everybody still working with the logitech webcam, but that's okay, so i hope this sounds good. I hope the video quality is okay, enough, um, so working with what i have for the time being um. So what we're going to be talking about is amc. The stock has uh, it has dropped down to pretty much.

The projected price target that we had spoken about last yesterday during, like maybe 1 p.m in the day, so at about 1, maybe like 2 p.m. We had been talking about amc and it's projected target overnight, being the um 55.17 price, which it pretty much got to. Arguably, this level could have updated so we'll take a few minutes here to review this, but we'll give some others some time to get into the stream this morning. So pretty much everything that happened from yesterday was like mrin tesla went to 700 amc had a bearish day.

Anything else crazy happen, clove, finally sold off from its bounce. So nothing really all that dramatic happened yesterday good morning, good morning, good morning, reloading time. Good morning. Mr robert to you good morning as well all right so we're going to get ready to go here, we'll start with amc and then towards the end, we'll go back to amc because well we're just gon na.

Do that, all right! All right! So last night we had talked about um one second, now that i think about it, mm-hmm one. Second, all right, so last night's overnight price target recommendation um for amc was going to be a 5520 or well 55. 17.. All right, um dylan! Try changing your stream to 1080p.

There should be like three little dots on the banner of your youtube, video or maybe it's the gear icon once you do that, it should allow you to view this stream in 1080p. So we're going to start here with our long-term chart, it's actually the daily chart. So looking here at the daily chart, we know that the blue line is generally always resistance and when we get here we're going to tend to sell down, that's normally the that's the normal function of the market. So, last night, when we looked at the market, we had suggested to you guys that what you should expect is on this bearish move that the amc market could reach all the way down to the half deviation price you can see.

My red line is right here and if we zoom in the red line is not even on top of the dotted line, you can see there when i zoom in you see how close they are, but not exactly so when we change this and actually update it To the current price, you will come to find that amc is currently on that level. To the penny ready, you can see right there. The bottom of the wicks are going right to that red line, so that was the overnight price target. So basically, what this means is if the market does not somehow support this pre-market going into the open or what have you, then we could really see another bearish move or leg to the downside on amc, so i'm just going to go ahead and give the bearish Price target right now for amc and amc will move down to the prices of for now, which might change a little bit at open, but for now it'll be a good projection.
You wouldn't know unless you're following it in real time at all times, but this is they're still very good representation, so next bearish move for amc should go from 55 down to 50 to 12 or um. What is this 48.68? So currently, this is the short term. Bearish target zone for the stock amc another way to rephrase that is stock breaketh. This line successfully it's going to go down to this yellow box.

It will most likely try to bounce somewhere around the top of the yellow box, and when that bounce fails or if it fails, it will then swing it to the bottom of the box. I want to show you an example of the stock clove clover health clov. If i show you an example of clover health, it did exactly what it is. I'm trying to explain on this analysis with amc, but it did it on the upside.

This will help you get a good understanding of how markets can move. You know so to speak. So let's go look at clove really quickly. So, just a couple days ago we did an analysis on clove and really the analysis was clove was going to sell off and start selling down around prices of 1460 and these levels changed slightly so yesterday or the past couple days.

The recommendation for clove was the market was going to get up to this red line and this red line, and that was going to be the selling zone. Ideally, you would see people start to sell it as soon as it got to the yellow line or this red line, and again it could go as high as this top line, which i think was like 15 20, maybe 15 30, or something so now when we Go look at just the past couple trading days hold on. We need to go to a five year, one minute so when we go and look at the past couple trading days, this is what it looks like, so that that yellow box was like this okay. So you will see that as the markets on clove first got to the price it sold down, we went overnight, got to about the high of that box and then we sold down and then we started a trade bearish.

So the same thing, i believe we're looking at a very same outcome potentially for amc, and that would be if amc breaks through successfully 55, we will then enter or the bears will have entered or they're going to go for a price target move in the market. On amc from this red line to this red line, so you could see a scenario where amc sells down to here: bounces and then it swings down to this target and then bounces again. Okay, so that's pretty much. What we're following right now for amc, you'll, even notice just a second ago, pre-market that amc started to bounce right off of 55-23 to the penny, and just so, we can uh go back and look at that really quickly.

Look at the four-hour time frame or was the day it might have been the daily chart. Excuse me so when we go look at the daily chart, time frame well, for some reason, it's being a little goofy there we go. You will see that that is exactly where we're at 1523 that dotted line okay, i think we're pretty straightforward, pretty clear on the whole analysis with big or not bitcoin, but uh amc. So i don't think we have to talk too much more about that until later.
Hopefully we get more people viewing this stream by later that way, we'll go over it again with more people, so uh just make sure that i don't forget to go over amc. Someone remind me about that like near 955., okay um, i actually have not had really any time to review anything. That's been moving in the market, so i'm really not entirely sure what uh what's really been moving um today's been kind of a goofy morning uh mr montero. I didn't actually check my email, but i will check it soon.

Let me just do that right now. One second, i want to see if i got it um. Where are we at? Oh, don't you make me log in right now you stupid son of a there. We go uh, harold, montero gotcha.

Thank you. Thank you, sir appreciate it uh. What drawing tool is that that actually comes from zoom, so zoom zm, the stock zm, their software communication used for streaming and or doing videos and other weird things has this: that is, that comes from zoom, okay s, p c e, f, f, a approval 52. um! So our recommended price targets for sp ce over the past couple days or whenever the last time we looked at it was 42 to 44 for right now, and we expected that we should see some selling pressure occur right around there unless the stock is really that Strong but, generally speaking, we should start to see some selling pressure here on sbce very soon.

Uh michael nope scanners are currently online right. Now you can get them uh. You just got ta go over to the trading clips youtube channel. I will post the link to that channel here in the stream.

Give me a second, so anybody watching this stream, you can get free trade ideas, scanners and benzingo scanners over at that link. I just posted uh in the chat happy friday, happy friday, all right, p, irs and clove we're not going to really talk about clove, because we really hammered that one. Yesterday the recommendation was to be bearish clove yesterday and the day before. For the most part, um pirs has gotten back to an overbought location.

So, generally speaking, this would be a level where you'd want to start selling the stock at. We did the analysis on pirs yesterday. I believe, and the recommendation was that uh wait hold on hmm. I don't actually remember what i said yesterday on this one, but i know there was breakout levels down here, but anyways um not quite sure what i gave the analysis yesterday on this one, but or even if i did, i might not have um on youtube.

At least so, with this one we've gotten to over back to overbought location, so, generally speaking, you should be slightly bearish here all right. This is what we would call a first attempt move at breaking out a previous high. This generally doesn't doesn't break out okay. So what i mean is when a stock spikes crashes comes back to break the all-time or previous high that it just put in for the first time it usually doesn't break out.
So, generally speaking, we should be bearish here, um yeah and with price targets. Coming back down towards 457 ish any thoughts on where rblx is headed yeah. So, just a couple days ago we had mentioned, you should be swinging along rblx with a price target of 89 to 808, well yeah 89 to about 89.42. So, somewhere in this little uh excuse me somewhere in this little red zone, yellow zone, that's where you should have been projecting to get rblx over the past couple days.

When we get to these prices, we should see rblx slowdown. Hence, why you're probably starting to see this little red candle that wick and that red candle right now the market's already selling a little bit of this long play as it reaches the projected price target? B-I-L-I whoa, i haven't seen b-i-l-i in a long time. Actually, i remember treating this in the 20s. I think yeah uh, yeah bili, projected price target for the current market is 130 73 to 130 73.

So by next week you should expect you'll, probably see bili up to about there close to um. I mean yeah, i'm gon na stick with it. It's probably gon na go up to about that price. If it breaks that, then that's another story, but for now you should project, maybe yeah another another.

Seven bucks up, eight bucks up sp or no b-i-l-i nndm um nndm was a stock that we reviewed a couple days ago. We mentioned it was in a bull flag and you ultimately should have targets on nndm back to the price of about 11 maybe hold on so the overall target we want to get to is probably from this red line to that red line, but it currently has Like a small resistance right here, that's why we had the red candle yesterday, so you can see right. You can see where all my red lines are. We have one here, one there and one there.

This is the price zone we want to get the long to. In order to get to there, we got ta first go through this one, which should lead the momentum to get up to there so uh. Let me just double check. You know i don't yeah so that line's actually wrong it's right here, so you want to go to there to yeah.

So this one's kind of interesting, because the long zone is quite big, so the long zones from 966 to 1080. Well, it's not really that big, but you can see there's just a big, that's a big zone. So it's like you know a lot of times. You know they could sell off here and take a long time to reach the top zone, but pretty much just expect anything from here to here is a good target.

If you've been long from this bottom, you bought this pullback or you bought this flag pattern set up any of this in here. This is a great target in that zone, which is again 1080 to like 980ish. Why bb is so stuck bb, blackberry um? I mean because blackberry is not amc, amc is getting i mean. Even amc has been stuck right.
If you look, what amc's been doing anc has been trading sideways? If you look at game, stops and doing game stops from trading down and sideways. So a lot of the momentum we saw from bb gamestop. All that was really sympathy. Excuse me from the stock amc.

So since amc is just trading sideways, we would expect all the other ones are trading sideways right. So it's like, like father like sun right, so whatever amc does generally the other ones are going to try to follow fairly similar as well. The only one that we've been seeing not do, that is bbby right or wait. No expr excuse me.

Expr is very interesting. Looking this has almost a similar setup to amc before amc went stupid again, you can see it's squeezed up, oh and also yesterday, um the recommended price target for expr was that red line saying that it was going to sell off there at that red line for The day - and that was probably going to be the topping point so watch this - look where the market topped yesterday right at that in this level, when we put this red line here, it was during like this time of the day, so the expr was trading here And we said it was going to go to 598 and probably stop in the 598 prices and it went there to the penny and sold off. So we know that this is the current next new breakout level. So you really shouldn't expect expr to go significantly higher unless you're actually breaking that previous little top price of 598 slash six and if you're successful, then you could follow expr up to price targets at 684 and so on.

Um. The custom volume indicator is available to anyone who goes to the boiler room trading website. It's not free to elites members or premium members. Any script that we've coded is is always just a separate item on our website.

Excuse me yeah, so uh lax pop yeah. I'm definitely that's something that i have to get to is making new videos regarding all the updates and changes to the new script um the russell's making changes today. Not really. I don't.

No, not really doesn't really spark too much interest in me regarding the new stocks. Will be added to the russell get performers and backgrounds um yeah. I can try to play some audio in the background here in the future. I think i've tried it before, but it just didn't seem to come through really good.

Maybe it's because my speakers are so far away but yeah. We can maybe kind of shift some things around here in the future and try to give it a go all right. So i'm just going to start ripping through stocks here, because we don't have that much time left so you're just going to have to pay attention. Nke, uh, overbought, good time to take some selling uh or maybe look to lock in some profits under swing trade.
Not that it can't go higher, but it's a great selling price right now: uh clne, uh, clne, again just kind of trading sideways. We recommended clne back here with price targets of like these red lines. It went significantly above our target, so market sold in trading flat. So this just needs time to basically confuse bearish traders or convince enough bullish traders that it's up once that happens, we should kind of see this try to come back up.

I would imagine - and if i'm wrong about that, then you should expect the price falls down to eight dollars and fifty nine cents in that zone and then it will bounce aht uh aht. Yesterday we talked about aht a little bit and the recommended price target on this upside long. Was these two red lines? So you can see the top of the market yesterday for aht, and the top of the market currently pre-market for aht today is the first red line that i place on the chart. So in the moment in time, i wouldn't really be looking for anything over 524, because right now, aht has bouts back up to short term resistance.

The only way it goes higher is when it successfully breaks those two red lines, top one being 524 all right. Next one on the list: cat cat uh, i think we might have recommended this as a swing trade or someone asked me about it the other day. But you can see exactly where our red line is at and you'll see exactly where the market bounced and it might have already started bouncing the other day and we were just reviewing it and then we mentioned the target of this line. I really can't remember we do so many um yeah, so you'll see uh market on uh, caterpillar comes down to the daily chart, deviation bounces um, let's go to the four hour chart really quickly and then we go from the daily chart.

Support bounce back up to the four-hour support so right now, caterpillar is currently on its first long target from that bottom. So, theoretically it should be. You should maybe see a little pullback or some selling, but generally speaking, if you bought this bottom right here, your first target, your first target was right there. So first target in this bounce has already been achieved from caterpillar.

So therefore, a lot of times you'd see a little bit of selling when that happens not a lot, but just maybe some. So i don't really think you're at the lowest risk entry for cat. But you know for what it's worth. It's already made its first price target on that bounce, all right, fubo, mr fubo, and then we got to make sure we go over amc so fubo.

I can't remember exactly for sure, but i think we recommended that the current price target or current resistance of the market on fubo is these red lines, and you should not expect that fubo goes any higher until it gets through those lines and i'm not. I think that's what i said, but let's just double check: uh yep! That's exactly what i said. So this was the current price target in the market for fubo. Again, look at down here, balance balance bounce all the way up.
Boom boom, bang bing boom boom. So again, that is the same exact thing that you would be trying to do with the stock. Nmdm remember how we talked about nndm, going to that white line. Remember what was the other stock.

We just looked at. What was it? What was it? What was it? Uh fubo so again, look what fubo did damn it typed it wrong all right. Look at look at mr fubo goes from down here all the way up to that white line. All right! Look at what happened.

A little push a little bull flag, little bull flag. There up to the white line, cool cool, go back to nmdm, again, look down here: little bull, flag, cool little bull, flag, white line boom boom; bing bang, that's price target! Now you get it now! You don't all right, awesome! Moving on and kla uh nkla. I think our recommendation the other day was this - is the current resistance in the market? Actually, i don't even think we talked about nkla, so i could be wrong, but anyways nkilly has essentially bounced gone up to its first price target in that move, so you're on resistance. Currently, therefore, you really shouldn't expect too much more long bias movement on k and kla until it successfully breaks through 1917 when it successfully breaks.

Actually, it's really a gap of 1917 and 1945. Once you successfully shift through that with momentum, you will then see the market on nkla, probably approach the prices of 21.68. For the time being, all right. Next one list tesla uh tesla, we had recommended that you should be going for a price target of 700 yesterday.

It ended up hitting a high of 697 dollars, so the recommendation - this is the same exact thing. The analysis on tesla is the same exact analysis that we gave you on amc, except amc is on the bear side, tesla's on the bull side, and the analysis on tesla is the same exact analysis that we gave you on clove. Just two days ago, where we mentioned that 700 would be the start of the selling and the selling can go all the way up to or the market can go all the way up to 7.26. So i won't be surprised if today or say monday, we see the market on tesla up towards six or sorry 726 and then we sell off.

So we are looking to be flipping more to the bear side. These next couple days on the stock tesla and when we say flipping bearish, it's really just for a potential pullback in this market off that move. So let me explain we're basically looking for the market on tesla to get up to about 724.. Once we see tesla up here at these prices, we should see a pullback from this bullish move.

Okay, awesome, cool. Moving on all righty we got ta go back to amc, am mick, says all so. As mentioned from this morning, and as mentioned from last night, the projected target for amc overnight was about 55. Well, it adjusted, but at the time it was 55-23 55-25, but right now the support of the market is 55 23, as categorized by the one-year daily chart.
Half deviation, which we have to zoom in in order for you to see it, give me just one more quick. Second, there you go, bing bing bam boom. You see it right there, the magic dotted line that you would have. No idea exists unless you run the same charting system as i or unless you just tune in every single morning, at 8 30 a.m and we'll give you the price levels so basically support of the amc market in the short term.

Is this price right here? 5523? The bulls need to continue supporting this level. If they don't, you will continue to see the amc market fall to the downside, with the projected target of all the way down to 52.. Now the only way that the amc market is going to continue breaking up a is it's going to have to take back control of this price point here at 58.55 and then get up and through that price point so pretty much. These are all the key levels right now on the market bing boom boom and boom.

Okay awesome going forward. We have one more minute to go. I am going to look through the chat to see what is going on tesla, please man, i sold amc because i thought it was going to be bearish under 50. because you thought it was going to be bearish under 50, we're not even close to 50.

right. I was saying this is the current support in the market. If you break this, your downswing is to there so so again that is 100 accurate. But again you still have to go through this level, and then that would be wise of me to mention that when the market tests support for the first time, it generally does not go through so again look at where we started we're up here.

This is the first time the amc market has come back down to the support level. It's going away from it, okay, so if we were to break this later in the day, that would be a second attempt right and if we fell all the way down to 52, the market would bounce here it would not break or it would go through a Little bit and then try to bounce, because the markets generally don't like to break support or resistance on their first try. So therefore, we would end up bouncing here all right. Ladies and gentlemen, that is all we have for you today again appreciate you guys tuning in.

We only do like a 25 30 minute stream in the morning, because that's really all we have the time for so with that being said, i appreciate you guys tuning in make sure to hit the thumbs up button before you head out the door the thumbs up Completely help my streams and the algorithms, apparently so we're trying to get to matt core status, but uh we might never get there unless we get the likes up. So that being said, i'll catch, you guys all on the next stream, which will be. Should it be later today, yes, we will do a stream a little bit later today towards lunch period, so you can tune back in to see how all these projected levels and things turned out for the day and what ends up happening and get some of those Questions answered that you guys would like answered so with that being said, i'll catch, you guys back a little bit later.

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One thought on “Amc drops to projected overnight target”
  1. Avataaar/Circle Created with python_avatars Thanos Was Right94 says:

    The facial expression on your thumbnails make me laugh every time. It’s that face you make before serious deep hysteric balling.

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