AMC Updated Price Levles
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Good morning, ladies and gentlemen, boys and girls, there will be no camera today, the camera's being a little funky as usual, so we're just gon na be rocking and rolling with screen share this morning. So, of course, we're gon na be doing our whole amc thing and we'll be talking about all the other little guys that move in this morning as well good morning. Sorry about that guys, like i said, the camera was a little odd, so i was playing around with that trying to get it to work so sorry about being a little late here, so we'll just kind of speed through things this morning, as best we can. So we will start here with amc um yesterday, during like lunch time, we were online talking about uh 59.90 being the resistance point that the market had to get through, of course, to continue higher.

So, let's see how we are situated today, all right so the current. So this is going to change at market open um. I don't know exactly how it's going to change, but i believe that the three deviation marks going to be a little higher. But currently this is going to be kind of the breakout level for the day uh potentially.

So let me check this time frame all right, so you will see here. The market is currently sitting on support. You see when i zoom in how the market's been kind of dropping down to these green dotted lines all right, so that right now is where the current market supports at and the current market resistance, as mentioned a second ago, is going to be up here at 59.96, so what i mean by this is yesterday: people were adding short positions at this level, so if you can get through here, you're gon na force a short squeeze and the short squeeze getting through this point would only probably be able to go up as far As the new updated price level, so if at market open this daily chart updates - and this blue line say goes up to 60 to 23, then that means when we get above 59.90, we could see a breakout up to say 6220.. So i don't know exactly where that price is going to update just yet, but for now the market's currently sitting on support and if the market snaps through 57.97, that would mean the market is currently falling below.

This two deviation green trend line and, if that happens, that's where we can see some new weakness into the market which at that point would probably take you downwards to a price of 53.31. So, ideally, if markets break this level, we could see weakness. It might drag us all the way to 53 31, which for now would be really impressive. Considering the negative three mark on the day is only 56.51, so to put it simply, uh resistance is here.

Support we're on basically snap through could see weakness over the next day or two that takes us down to 5364 and so on. So that is pretty much everything you have to know about amc for right now: okay, uh nope! This is with all my pre-market info turned on okay, so that, ladies and gentlemen, is amc all right. Now, i'm just going to kind of run down the list here. Uh bb earnings today is that after hours, i would imagine so yeah, so they have earnings six.
Twenty four six, twenty four, so they get earnings. It looks like maybe aftermarket today so sure. If you want to trade that by all means, i don't think i will be trading it. Um touch the sky, go to the description of this stream.

So in the description just below this video you're going to see a link, that'll take you to our website and from there you can join our premium trading group all right. Let's take a look at wkhs here, so gapped up a little bit pre-market stock looks pretty strong for right. Now, it probably just came off support. Not really market moved up back up to resistance all right so for right now it looks like wkhs is on resistance.

So i would expect there's a there's actually a pretty decent chance. You see wk at wkhs, pulling back today off that resistance there, but it does look strong yeah. I think wkhs is on resistance. We already tagged down it.

There hmm yeah, i mean honestly, i feel like wkhs - is gon na pull back today, um and maybe target down to 16 or maybe a little lower. So i'm going to say bearish and if i'm wrong, then that means the market's going to come back up and break through this point at 1635 right. So that's the that's the point you want to get through today, 1635 holding above etc. Otherwise, i think you're going to fade out targeting down to this level and or further easy win 123.

That would be the day trading course. All right. So we'll take a look at clove here, so clove has entered the selling zone. If you remember yesterday pre-market, we mentioned this being the target long aka selling zone um.

So you can see we got back up to that red price level. This morning, pre-market start to sell down everything. That's categorized in this gray box, shaded area. That is the selling target selling zone for clove.

So i don't know entirely if we're going to reject off this 1450 and start trending down entirely or if we're going to make our way up through into the price target of 1537 and then sell down. But pretty much anything from this red line to this red line. I believe the market on clove is selling, as you can see it did it here yesterday and it started here this morning pre-market. So i think we're into a little bit of a selling zone for clove, and we should expect that it's going to kind of roll a little bearish here today tomorrow, end of the week etc going into the beginning of next week.

All right. So we can take a look over at mrin, so i already did a short position on this that failed. Unfortunately, trading this morning has not been ideal for me, so i was thinking um after we squeezed up like this. We were going to try to target to 327, so i do think this move with mrin is going to try to get up closer uh to the 327 mark overall and then we'll start to see.

You know maybe another resistance, uh selling attempt here at 327, with mrin uh tesla's a good one to take a look at. If you guys remember from like a couple days ago in the stream, we did mention tesla being in a bull flag. We didn't cover it. Yesterday i meant to someone asked about it and then i got carried away and forgot to go over it.
So with mrin yesterday in our premium group we mentioned the overall target for the day on mrin or not mri and sorry tesla being up to uh 662, and then it ended up getting there after hours and then broke out of that level. So you can see how the market went to 662 and then it traded flat, and then this morning they gapped it over that level and now we're trading flat again. Well. The current upside target i would have for tesla at this point would be up to 700..

So not really trying to get to 725 for right now, but probably trying to get the move at most right now to 669. and the reason being is that's where the half deviation trend is at. So i'm thinking we could see a move 669 or sorry, 699 to 700 doesn't mean that it can't pull back but um. Let's say that the pullback today on tesla is you know, decently bigger.

I would imagine we would pull back down towards 662. so for right. Now i have 662 is a probably a support, bounce area if it fell all the way there and alongside target um up to 700. For now, all right.

There goes mrin popping up again at 3, 18 right now hasn't quite made it to excuse me 327. All right just moving down the list here, uh we covered wish yesterday, so we're not gon na look at that one um fcel. I really think fcel is pretty much um same as before, which is down in support areas. So again, last week, when we looked at this, our recommended buy zone for m or fcel was these red lines.

So when the market got into these two red zones, that's where the long would start next time. So we've kind of pushed up in out a little bit so slightly on the long side with fcel, but not extremely bullish for right. Now all righty continuing uh, clne yeah i'll take a look at that uh neo, i'm just bullish on overall uh clne spiked up um trading flat. I would be more bullish, clini, as opposed to bearish for the time being, um yeah your spike target.

Basically, when this thing jumps, the next time would probably be targeting back up to that previous high. You saw there of around 13.50, so i'd imagine price target now cne trying to get back up to about 13.50. All right. We can take a look at the weekly nasdaq, so again, weekly nasdaq is slightly through the regression trend, which was our target from the last correction um.

It's really moving very strong up and through regression trends. So you know with the hopes that we continue higher. Our next target up is 354. Now we're only going to reach 354 if the market's truly breaking these all-time highs and not doing what it did.

The last time, which was kind of get into an all-time high and go into a new correction this time, what appears the market has? You know a little more momentum than we did previously so for now we're staying on the long side looking up to 354 for the time being and when we say that it's not like we're buying into these highs, but yeah we're still optimistically bullish on the nasdaq And the spy we're now targeting back up to 429 to 427 427 429 is the new long side target of the spy which would have to get through the all-time high to get there so we'll see how it all plays out, but we're still optimistically bullish. The market and the spy just went through that big, steep sell-off right to our selling target and then bounced so yeah optimistically, bullish right now, both spy and the nasdaq uh nope for the time being. No, no really, no solar stock on the radar snapchat long bias. Bullish just got the regression trend, which is really good.
You should be long biased to stock for the most part, maybe targeting back up towards 69 28 for the time being, unless it got there. Yeah target right now: snapchat 6928 yeah, so mnmd um. This was something i was really optimistic on breaking out, so we were fighting doing like a flag pattern right beneath the regression trend, which are generally the flag patterns. You want to try, because when they actually break they go big you can see.

We went once first attempt that was supposed to fail. Second attempt failed. Third attempt failed shy, ford attempt markets thinning out, so i'm anticipating we could see mnmd as low as 305. 304.

306 to well that doesn't seem right. Oh that's! Just for okay, even as low as 220 274 here, but before we could go to 270. We would have to get through um the three mark. So i'm anticipating we're going to continue lower or we're going to do a small like sideways trend until this market trend catches up and then we're going to try to go again, so i think we're still going to be on the bull side here after we we Go a little lower down to uh, like 305's, potentially could be less than 305, depending on how long it takes for the markets to move orph on your list today for a squeeze so orph um yeah, the one stock that just doesn't seem to want to die On yeah orph does have some squeeze potential um.

It does have that big gap there in that chart. So it's like. Is this really going to jump all the way to 1359 and fill that gap we'll see, but um i mean right now. The resistance for orph is 837, which i think we're basically on and 8.90.

If nothing's really changed since yesterday. Yeah no resistance is all still the same, so pretty much orph is currently trading in the resistance zone. That's why we stopped here yesterday. This was a resistance zone, these red lines.

So that's why we went up to it and stopped. You can see. We've sold off, we gapped back into that red line, so you're at the start of resistance. So it's kind of like confusing for me because you'd be trading going long, starting on a resistance point rather than starting long going to the resistance, so you're really fighting in resistance right now in orph, so not quite as comfortable trying to do that myself on the Long side, so i'm going to go with the market.
Well, the market. You can't even sell that short too, so i'm gon na think bearish. I think this is gon na be a zone that orph gets sold into, but if you can get through nine, that's where you should be trading long, so i'm really only optimistically long if we're ripping through the nine dollar price. On that uh we did cover in video.

I know that was on another thing: um nvidia is still long bias. That thing has targets up to like uh 810 or something like that alf all right, so alf uh ends up crashing. Yesterday we were even on the stream trying to get it to a target of 14. I think yeah.

14. Yesterday we got close. We were off by like what 15 cents so um anyways. This is probably bearish.

Now um, you know, i think we talked about alf. Just the other day and mentioned, if you had like ownership, you know up here, you're almost guaranteeing a loss. So nonetheless, alf is just slightly overbought. It pulled back um, i'm optimistically still kind of bullish on this one.

I don't think this is totally gon na break down fully um, but anyways alf went to an overbought price. That's why you're in the pullback right now. So when this pullback concludes you'll get a counter trend. Bounce i mean resistance.

Right now is 12 22 you'd have to get back up over 12 22 to 12 47 to even really force the stock back upwards. So right now this is the current resistance 1221 to 1246, and a snap through that could probably take you back into this zone. For the day 13 to 1339's and the last one we'll look at here is trch, which um we did mention you want to be bearish on, so i think they just did like some offerings and they're doing more offerings, so anyways you're, just bearish trch, probably going To end up returning back down to prices of 359., and that, ladies and gentlemen, is all we have today, sorry i wasn't on as early as i usually am again. I was fiddling around with my camera, so uh anyways.

I will catch everybody uh back, maybe a little later today, probably gon na jump on maybe do a little streaming midday. So if you feel free, you can tune back in around lunchtime other than that i'll catch. Everybody a little bit later and tomorrow morning.

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One thought on “Amc updated price levels”
  1. Avataaar/Circle Created with python_avatars Twinspoppa says:

    Morning!

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