AMC Updated Price Levles
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Good morning or sorry actually, good afternoon, ladies and gentlemen, welcome back to the amc potential squeeze we're still waiting on it while waiting on the next squeeze, but we're here to give you guys updated price levels on the stock amc and then, of course, answer some questions Along the way, talk about things that happen in the market today and give you guys kind of review a review of today's earlier pre-market analysis session. So again, thank you guys, all for uh for tuning in good morning or good afternoon so used to saying morning. Mr mantra um sure: let's take a look at the stock fami really quickly. Why not do f a m? I 49 cents stock is low.

Um i mean to me. It seems like a stock that moves very slow, so it'd be more of a swing trade stock than a day trade stock uh. The statistical average is 74, so price target on fami. For me, right now, wouldn't be anything more than 74.

So again, if i had to pick a price target on the upside, i would be picking 74 to maybe that changes things yeah 74 to 98 cents. But again you have to kind of figure out why you dropped out so far. Here again, if you look at the past, you know there was like support around here or what was previous price action support and it went through all of that. So this should be a resistance zone and right so you can see, stock was holding, it went up.

So this should be kind of a price level of support. In here you can see the stock ends up breaking down and now you'll see my price targets are right into the resistance zone, so this previous support that broke would then become resistance. So you can see my white line or my white lines would be that resistance spot from the previous past so really wouldn't have anything more than 74 cents to 98 cents as a target on the upside for the stock. F, a m ccl for earnings um.

Do they have earnings coming out today or tonight oh hold on um uh? Why did i do it like that? That's just um, okay, so it does look like they have earnings uh before market open tomorrow, um yeah i mean you. Could you could do whatever you want to do with it, i'm not going to trade it, but what i'd recommend for you to do is at the end of the day or towards the end of the day. It's good enough you're going to go to. You could really go to uh.

You could go to thinkorswim weeble, really any broker, that uh provides a options chain and so we'll go to ccl here on the options chain and we're going to be using the earliest expiring option chain and right now that doesn't seem right, but i guess ccl. It can change by the end of the day. It really could so. This is june 25th yeah.

So the expected move for ccl's earnings right now is only a dollar 41 that that's what i'm getting right now so by the end of the day that could be more, it could be less, but right now the options market is pricing that the stock ccl is Going to see a dollar 40 price movement on its earnings, so we'll see how that that plays out, but for now you really shouldn't expect too much more than a dollar 41 on the move for earnings on ccl. All righty awesome! That's good! Stuff! All right! Sorry! My bad, my bad um, how do you identify a breakout level for momentum, trade so identifying the breakout level is actually really easy. It's more or less catching the momentum run. So really, if i could explain it.
Ideally, the market works like this. So say. Stock goes up all right and then it stops and then goes down. Generally, that's going to be the breakout level and the reason being is because, when a stock kind of stops going up and then consolidates it can trap a lot of people in this consolidation which then obviously later when we get above it shifts.

So it you should more or less think of it like almost like a football field, all right and whenever a certain level is reached on a stock that just can't go through and then it drops down. That becomes the shift point. So the shift point is always really easy to see because it's the point at which buyers or sellers ended up winning a battle and then in the future that same level ends up becoming the shift point so um a good example would be maybe entx here. Okay, so this is a decent.

You know this is a decent one to consider alright, so entx all right had previously gone all the way up to this price. Okay and then it drops all the way down and then it spikes all the way back up. Pretty much to those same prices and you can see it's selling down so clearly. We know that there's sellers up here, but how could you have identified where the breakout level was well if we kind of zoom it up like this, and then we got ta, pull it down all right.

You will notice that when the stock came down, it had a jump. People sold short. So let me let me rephrase that so, let's do it like this all right, so, okay, believe it or not. This is true to a degree all right, so people all right.

So believe it or not, and then let me do it another way so hold on all right and then people here, okay, ready and then it kind of is almost like this. You got ta. Think of it like this. In your mind, um we'll start it here and then we'll bring it down to like here.

Okay and then we're gon na go like this and then we're gon na do something like this you'll see in a second like that, and then we're going to go like this and then we're going to get our handy dandy tool here and we're going to say This is touchdown all right and then in the middle we have the about right here. So we'll call it here and then we would have one second one. Second, i'm almost done. This is all stuff, that's kind of in my head and then you would have your all right.

So let's go over this, you would have uh. As i said before, stock goes up. Stock comes down, people shorted the stock. Here people bought it people shorted people bought it.

People shorted all right in the middle is the shift point. Okay, that is the shift point. This is like the 50 yard line on a football field right when one team crosses the 50 yard line and they're on offense. It would then put the opposing team onto defense and vice versa.
It's the same way in the stock market, but in the stock market. There's only two football teams that ever get to play the eagles don't play the detroit. Lions don't play, there's only two teams. Those two teams are the bulls and the two teams are the bears, and the objective is the same.

Every single time and the touchdown is in the same direction every single time they never get to flip a coin and pick sides and switch at half time, they're always staying on the same side. So your objective, ideally, is to always figure out where the 50 yard line is of the bowls and of the bears, because that 50 yard line is going to usually be the determining point of who takes the offensive and moves towards the touchdown. And the only way you can move towards a touchdown is actually by using your opponents loss as gasoline or momentum all right when a bunch of people short the stock, their stop loss is what's used to break it out and then, when a bunch of people buy The stock in their wrong, their stop loss is what's used to crash the stock, so the bearish traders or the short sellers only really make money when all the bullish, long, biased traders get stopped out, and then the bearish traders will cover, as the bullish traders are Stopping out, because all of that selling pressure as the markets are selling down from bullish trader stopping out that's what the bearish traders will use to start buying back into right and vice versa. When everybody uh goes to short the stock and they don't get it to break down and the bulls push it up, their stop loss on the selling side or the short side is what causes the big jump to the upside, where you, as the bullish trader, want To sell into as the momentum strong, so the objective of any breakout is to always figure out where the bulls and the bears are battling and what's the 50 yard line that will cause the other side to stop out and that's how you find the breakout level And that's probably one of the best ways that i could explain it in simplest terms.

Okay, i hope that helped did that uh is that? Did that make sense? Everybody was that a good explanation. I know who asked that um that question um dandy dandy, so hopefully that uh that's good. So that's really how you identify the breakout level. So the breakout level is never really that hard to identify it's more or less catching the breakout at the right time.

So to speak, okay, um! So what we'll do here is we're actually going to go back over the analysis from today on the stock entx. It should be about pretty similar to what it was this morning. So this morning we said to watch entx a little bit more long bias, or it still had room to run in the beginning in the morning to start the day. So we're going to go back through this analysis before we do that our recommended at most.
So the atmos target you should have been going for on the long side today with entx was up to about here. That was our recommended maximum long target for the day, and you can see the market stops and we've crashed since then. So i'm going to show you how to identify and find that level before the market even opens all right. So you're going to go to 180 day four hour chart you would go to which has changed a little bit but you're going to go to this blue line, and that was it so this morning i don't know exactly how it was.

Oh yeah. I remember this was pre-market all right, so it was a pre-market price level. I think, and then we go to the daily chart. That was a pre-market price.

That's right! So this morning the recommendation was that the true breakout level for the day, the true breakout level, was here and if you could successfully break this target out or that zone, you would then go up to this line. You can see we got there and we broke above it a little bit, but that's okay, because that's naturally how markets work when there's a lot of momentum, so you can see, we went right to the red line, stopped pulled back back to it, pulled back squeezed Over slammed down and now the stock should probably remain bearish. I would imagine okay, so uh. Ladies and gentlemen, that's that's pretty much.

What happened with entx is entx. Breakout level was really right here. Um people tried to sell it short. This is another one ready.

Um. Remember i was saying you have to identify kind of that 50 yard marker, so this was kind of it today in the intraday, the long term levels watch we go to the daily chart. You see the blue line here. Okay and then you go to the four-hour chart.

You'll see this green line so as the markets were coming up to this green line, the best way i could explain this is a lot of times. The market would stay below this green line as in this would be the reversal point or the stopping point for the move up and if that's the case, there's going to be a lot of people that try to sell it short here. So you have a little battle: that's going to take place, people shorting at the green line and people buying at the green line to try to get it to break out, and you will notice that as we look at the one minute chart and zoom in what Happens to the market as we get to that level. Okay, so watch what happens market's going up markets going up, markets are going up market's going up, we get to here instantly opens with a big red selling candle, because this is realistically long-term resistance where most often times the market's not going to break above or it Won't stay above it for a long time, so you can see we get above, and the market turns to instant selling bearish, which is correct, which is the way it's supposed to be okay and then you'll notice, as it breaks down through these levels.
It stops going lower and as soon as you get back up and above those red levels, a bunch of volume kicks in and the stock squeezes out and the best way to explain that is because hold on all right. So this level really isn't meant to break out. Hence the selling pressure to start the day as the markets move back up through the red everybody who thought it should be a short gets squeezed out and the market okay think about it. So everybody who is short the stock here they get squeezed and the market uses the short sellers momentum to break the stock out to the next level.

Okay, now the stock here goes to true resistance, legitimate resistance. Everybody tries to trade, it bullishly for a bull flag. Buying the dip buying the dip buying the dip buying the breakout buying the breakout when, in fact, this time, it's actually on true resistance. The stop loss level for all of those long, biased traders is right here, so the stop loss for all the long bias.

Traders is going to be right here. So as the markets come down and all the long, biased traders stop out the bears or the short sellers make money, because the long bias traders lose and they're all stopping out and that's how the market works. It uses your opponent's momentum to shift the market. So that's the way you win money is by your opponents, losing essentially you got too many indicators on your charts.

Absolutely not. There is not too many indicators on the chart. It is absolutely perfect as soon as you understand what it means, which doesn't take very long. You probably will never trade without this on your chart again, let me rephrase that burnout clips, if you take the time to learn this, which isn't too hard, you will never not trade with it on your chart ever again.

Promise. Oh man, excuse me. I want to send you flowers, well, maybe one day i'll, think about it, how to tell if it's a real breakout. So for one a lot of times, breakouts are going to retest the level, so they'll go up, pull back or real.

Sorry, excuse me, they'll break out, pull back to it and then the the retest of the breakout is usually your signal to try along as the markets come out. So a lot of times marks go up, pull back to a level and then they'll go and uh. There's really to be completely honest with you, there's no there's, no actual thing that will tell you it's a true breakout. You just have to go with your best gut instinct on your analysis, as the markets are shifting through your levels and really just hope that it's a breakout, you can lead yourself into a more correct play by watching volume, ttm and specific things that give you extra Indication that momentum's in your favor is all okay.

Now i think it is time to go to amc. Let's go take a look at amc um. So let me just tell you right now, this red line. Do you think the market is stopping at this red line because of it's random, or do you think that this red line is a specific long-term trend? You nailed it, you nailed it the trend or that red line here on am mix sizzle.
That is a long-term trend line, which means the market is not actually supposed to be above it that's why you saw it come to here today and pull back and why you seen it go back up here and it's struggling to get above so far is theoretically, It's not really meant to go over if it does that's where we can get a big move, because it's really not supposed to go over. So if it does you're going to cause all the bearish traders to shift momentum and squeeze the stock. So when people like, oh no, it's meant to go higher. It's supposed to go higher.

It's not that it's meant to go higher. It's supposed to go higher. It could, but you need your opponents to lose. So you have to be strong enough to force the amc market to go above levels - it's not really supposed to, so that you can basically screw the plan up of your opponent's position.

That's a good way of explaining it so watch what happens when we take this time frame and we go to, i think it's a 184 day chart or 180 day wrong. One sorry, my mistake, my mistake watch what happens when we go to a daily chart? Let's zoom in let's zoom in let's zoom in let's zoom in oh, let's pull it up. Let's make it even closer. Do you see where that blue line's at it's? Actually i'm not even correct i'm not even on it.

You see where my red line's at you see where the blue line's at let's make that a little more accurate. So this was the expected long target on the day for those of you that watched uh my morning stream, i actually didn't give you this price target, because at the time it didn't exist, it only updated once market opened so the best way. I could actually explain this is remember how i said that the market isn't supposed to go above this line well yesterday, this level, or that that blue price line was really this price level here. So yesterday, after hours and towards the end of the day, the price that the market was not supposed to get over was right.

Here, that's why you saw it, stop, stop and then trade flat all morning, and then that's why you saw a short squeeze right here, because everybody who shorted hold on everybody who went short yesterday here on the level that was not supposed to break all right. They ended up getting squeezed here, and the reason they got taken up to here is because, from yesterday to this morning, the level that was not supposed to break updated and the new price level that was not supposed to break was now here. So all the old shorts from last night got squeezed out to the new price level that we're not supposed to go over for the day. Does that make sense? Does every did? That was that clear? Did everybody understand that, if so give the stream a thumbs up? There's 145 of you, so we should get 145 likes right now if that was good, if that was the hot sauce.
Okay, so again rephrase this level really was priced here yesterday. That's why people bet bearish and then that's why people got squeezed above that same level. Today, up to the new price target uh, can we break down s w mick, maguster, magoosh, mcgee? Hmm, all right! What are we breaking down? S-W-B-I? It dead the house house baby all right, swp, i is on along, so i don't know for sure, but i'm just going to guess and let's just see if i'm correct or if we're correct. So, let's just make a bet right now that this bottom and or this bottom was probably a long-term deviation on the daily or the four-hour chart.

Let's try it, i don't know for sure, but let's just see so we're saying about here somewhere in here was a long-term statistical support, pretty close so far, but not exact. So we had one here. We had one as low as here, but we didn't touch that one now, let's go to the daily. I mean not exactly but pretty close to the bottom, all right.

So we do have one right here: we're going to change this, to a dotted white line to resemble that of the half deviation price point and let's see where that line comes into play. Look at that! So not this bottom. But it was this one and look at that's kind of like look at the shift right mark. It goes down to it bounce through it back to it bull, flag, break above it come back to it, retest as support up flag pattern, break up all the way to intraday trend.

Pretty little um was that so that was swbi, so we covered swbi. Now i just want to go: take a peek at gamestop really quickly, because why not so again, as mentioned couple weeks back, gamestop is just not seeing the same sort of momentum. That amc is um, so we're basically still just waiting on a little spurt of life from gamestop. I don't know exactly how everything's gon na play out, but what i do know is that anybody that's buying long bias, okay buying long bias.

They are currently looking for the market to get back up to 242 and over through 242, because 242 is the shift point. So remember someone was saying um, you know like how do you identify the breakout level again watch this ready, so market moves up. People short people short people short short short short. This here is the shift point.

Okay, as the markets come through, all of the bears stop out. They cause the bullish move up all right, then the market crashes back down to the statistical, long term average trend, which is that line in the middle. The only way we get a new big ripping breakout move is to get the market on gamestop back through the shift point which would be right there. So we're still waiting on gamestop there's really nothing to do pretty much sitting waiting watching.

That's really just about it. What what's short explanation about? What testing means? Uh not really sure how you mean a short just means: people are using their capital to take a uh, a bearish or a downside, bet on an equity security and hopefully profit off it the same as you would, when a stock goes up by making money on The price difference um testing - i don't know what you mean by that one yeah, so our insight on orph, i'm going to go with the stock, has traded bearishly since about the 9, 30 or 9 price target. Nine dollars was our at most price target that we recommended traders in our premium group to go for meaning you could be long biased up to in at most nine dollars. I think it hit 9 30..
I haven't been at the computer because i had to go to the vet. Take my dog there, but i'm assuming that we hit 9 30ish last time. We seen it and we dropped since and we haven't broken out. But i don't know, i haven't seen it since and we went up to 935 dropped and we've been trading down since and the reason that's the reason.

That's the case is because nine dollars actually to be more truthful. Okay, it's because 836 to nine dollars was the atmos target in which you should have been going for in this long move. Today, this 836 to 9 was your target selling zone. Where you could expect the bull move would stop, and theoretically the computers and the algorithms and the stock market system was going to start distributing shares and selling orph.

So the best way i can explain this is one second all right. We are gon na go and look at the long-term trend on the four-hour chart. Okay, we're gon na have to zoom in there's a lot going on here. It's just because there's a bunch of moving averages, but you see this white trend line.

That's what we're looking for white trend line comes into play at 8 35.. Now we're going to go to the daily chart. When we go to the daily chart, you will see that the white trend line comes into play at it's changed since then. It says 888, but it was really 899 when i was doing it earlier, but nonetheless this is where those two levels come into play from here to here.

Price goes all the way to 935 and then it sells off. But if you notice look at what's going on, okay, let's zoom in so market goes to first red level. People bet bearish. It squeezes them out all the way to the next one, and then the market look at where it drops to.

It drops all the way down to that red line. Bounces up drops below that red line, bounces back to that red line drops bounces back up slightly over the red line back under back to it back under and then drop. So as the market on orph reached highs of nines and eights and blah blah, the momentum was up, but this was the predicted price target and anything in here you were meant to be selling and you can see the markets drop back down and the reason that Is and the way that we would view this, is it really doesn't have to do so much with the intraday chart and the way it was set up here and the way it was set up there, specifically it more or less just has to do with this Long term chart right and the way that we view this is um. Let me pull this up.
Do something different we're gon na? Do this oh hold on yeah, so we look at this longer term, chart the way that we view this as the stock blew up. It came down it bounced. It crashed and today was a bounce day that just went back to the statistical average, so it was just bouncing back up to its normal long-term trend: resistance, okay, um, so yeah i mean that was pretty much orph today, um orph chart is absolutely it's um that I mean there's really there's really nothing more to say about it's definitely yeah, i'm not. How is that even possible that is such that can't even be legit? Let's see, let's see if it's yeah, what sure sure youtube sure youtube yeah, i'm not really sure.

I'm not! I'm not sure what i would actually i'm not sure what i got to do to get views up. I mean i've tried everything but um. You know it is what it is. I don't know youtube the youtube.

Algo doesn't uh. She don't like me very much. She don't like me: fnma um fnma would be a low risk. Long point right now: you don't want to bet bearish, there's really no point of selling that stock anymore.

You might as well be buying that stock for the time being, and the reason being is because the stock has just sold down to a level. That basically means you should not sell, but you should buy. That's really. Just it see remember when the stock was trading up here in the blue, it went down now the stock's trading down here in the blue.

It has theoretically a better chance of going up for now, but again the stock just got absolutely mangled, so you have to figure out why and then, generally speaking, a lot of times after a stock drops like this, recoveries can be a bit slower, twerk and put Some women. In the background, i have a woman in the background you want to see my woman in the background. She is right there, let's zoom in on her, give her a nice real nice, oh hold on hey. Where are you going sister there? She is very nice, very nice all right, let's bring it back down here to this cute guy, all righty.

Let's go it's a party time checking in my zoom zoom out. Okay, that's enough! Everyone settle down settle down, so anyways probably wouldn't do a whole lot with that fubo mama said football's, the devil mama say fubo is the devil it's going up and i'm going to guess i don't know. I have no idea, but let's see if we can tell the future. Ladies and gentlemen, i'm going to assume that the price is going to start selling down somewhere right here, and the reason being is because when we do our analysis, we're going to find out that there is a long term resistance right in here ready.

It does not have diddly squat to do with this or this this top. This top ain't got nothing to do with. What's about to go down ready, let's check it out, let's get it dude! Okay, it doesn't look like we're on resistance stock is more bullish. So we should be more bullish, fubo right now, all right it looks like we have maybe a price target to go to the upside, so we could be looking at a full breakout all right.
This is cool until we switch to the daily chart and then something might change. Okay. This is good we're not quite to resistance. You see those two lines that i put on my chart.

You see how they're still above the current price action of the day, so the current target long is up to here it's 3404 to 34. 40.. That's the projected long. The reason that the market stopped yesterday was probably because it either hit that line yesterday or was pretty much all the way to it.

So the best way to think about this is this is the better way to think about. This is when the market was trading. All the way down here and it bull flagged out the target was this line. So if you're thinking about trading it now you're like we got another 20, 30, 40 cents.

True, but just know the move started here with a target price of here so you're. So late in the market that ninety nine point, five percent of the projected move from here has been achieved: you're in like the last minuscule 0.5 percent of the law. Unless you get lucky and it actually breaks out the shift point remember how we talked about shift point. This is the big shift point in the market for fubo ready market goes up.

Well, actually, let me rephrase that ready watch. This market goes up flag, break crash bounce crash bounce down break okay with all that happening in here. The shift point of the market is that white line, and that is, is it not ready? Is that not almost the 50-yard line boom? That's your shift point. That's! Where your next big momentum, trending rip, can happen from fubo, you got to get through the regression level.

That's where a lot of momentum shifts all right. The rule of thumb is that this time is not going to be the breakout, i'm just going to stick to that. If it happens, i don't really give a, but the rule of thumb is that right now the market shouldn't break out and the only reason being is because it's a first attempt move hold on some crazy might be happening. Folks, strap in all right, a-u-u-d.

Oh, what is this, ladies and gentlemen? Ah, not really that cool. Would you just work? I don't not doing anything crazy, just work! Thank you! Well, theoretically, this is overbought, but it is kind of breaking out um, all right, ready. Here's a good one for you, ladies and gentlemen, watch this yesterday. This was long-term resistance.

Today, it's breaking long-term resistance check it chicka chicka, chicka, chicka, ready watch this. You see how like right here. The market ends up ripping up so today this is what's gon na happen right today, you're gon na be on youtube, or tomorrow, you're gon na be on youtube and someone's like hey we're. Looking at aud today we're looking at the stock, we think it can break out.
It's got like a little flag pattern here so, as the market goes up and then it gets through this, this is where we're gon na buy because we're breaking out not wrong, but they don't really really know why it is ready. It's that red line watch this. So we're gon na go to the daily chart and we're gon na go to the four hour chart ready. So you see where that blue line's at okay.

You see that blue line. Well yesterday, the blue line could have been up here. I'm not sure where it was yesterday, but it doesn't really matter because look at where the blue line is on this time frame and then look at where it is on the four hour time frame, because that might actually be the case all right. Okay, so the four-hour timeframe doesn't really do for us, so these could have been a little different yesterday.

I don't think they were um, but nonetheless look at where the blue line's at and then look at where the stock actually breaks out. Today i mean: am i not? Am i not deserving of 192 likes? Can we let's get it please, let's go, let's go so again. That was the breakout point. Remember how we just said that markets are not supposed to go over the blue line.

That means yesterday a bunch of people went short. They made a bunch of money because it's not supposed to go through these red lines, so the market runs up to the red. People short make a bunch of money. Today, the market somehow grinds back up, and everybody who bet bearish yesterday got taken out and their stop loss is what forced this move up today.

So the reason that people are winning on the bull side today is because the bears from yesterday lost they actually didn't. Even lose they smoked their ass. The bears smoked the bull's ass. Yesterday, literally, they went up to the ass started, smoking it how they managed to do that and uh the procedure behind making that work.

I'm not quite too sure. I don't think i want to find out myself, but they smoked their ass. So again the boov went up it. Dipped down people were buying this dip for a cup and handle breakout pattern with no relationship to knowing where resistance was at and then they got smoked and the bears took them for a whole day ride.

So a bunch of money was made on the bear side. Yesterday, so if you covered your short into there, you're good, if you held today, the shorts got taken out through the breakout level, can you go over the color deviations on your chart? Yes, blue is three green is two orange is one white is mean. Purple is four four three two one: zero zero one, two three four literally and if you added any more it would just go zero one, two, three, four: five, six, seven, eight nine, eleven twelve all the way to a million, but that's never gon na happen. So for right now, i've only really find most relationship happens up to three occasionally four, but we'll see still playing around with that uh rb.
Where do i find out what each of your lines means go to? Google and type in standard deviation read about that or go to google type in standard deviation and then just go. Look at the images from google image. Might take you a second, but after you you look at it. Something like this should happen.

That's supposed to be a light bulb. Turning on the only way, i know how the only thing we can chart on thinkorswim is bitcoin and ethereum that i know of other than that. I don't know, but yes, uh, bitcoin and ethereum all cryptocurrencies follow this strategy. 100.

Forex follows it: um futures follows it stocks follow it have yet to see any instrument that can be traded, not follow it never seen one for weeble, i'm not sure how you would uh how you go about getting it. So you're saying this will be a short after the strong run up matt g on aud um, probably yeah most likely. Let me just double check it, because this definitely has some momentum um, but yeah. This is most likely going to turn into a sell-off.

After this momentum, move up still seems a little strong but yeah. I i think overall you're going to end up seeing these prices lower. So the way this works is now. Let me let me rephrase this okay.

Now, if everyone now, this is for this is more like being swing short but being wrong. Okay, so let's say this: yellow arrow is where we all enter swing short because we're like oh it's not supposed to go above the blue or maybe not supposed to go above the purple. So currently we're all short, and our average price is like right here. So our average is here: okay, when this stock comes down, it's most likely going to target back down to the blue line, okay and then it would maybe try to bounce.

What i'm trying to explain is everybody. Who's short, that's swinging short thought. The market wouldn't go above the blue now that it has, they have a per share average ownership of the stock down at about 365 to 4 bucks, meaning that is most likely where the crash move will go to next. So when this does successfully start to crash, it become bearish, it's going to target down to the blue line and this purple line and that's most likely where the move would go to and then bounce, because everybody who is short has now gotten the opportunity to get Out at their average, so they take a small loss or a break, even trade, and then they'll start to bounce the stock once that little relief bounce gives in then, the markets will most likely swing back down below the three deviation and everybody who was short that Initially got squeezed would have ended up being green if they just held a little longer so for right now, yeah.
I think the momentum is on the upside, but this will end up turning into a short crashing back down to four dollars to 365 for right now. Um doesn't necessarily have to do it on the day. I don't trust that it's going to do it on the day, because today alone was the breakout day, so i think it would be over the course of maybe the next couple um, so i do know so hold on. Let's see, i do have a pullback price on um aud to right here, so this is my expected pullback bounce price, meaning this crash should go to about this price right here.

So, let's zoom in um but yeah. This was the expected pullback price point. Sorry, i didn't didn't really mention that, but this is your expected pullback pricing of this bullish move into that zone. You have twitter uh.

I do, but i don't really use it. I yeah, i don't really the only youtuber. The only thing i really do is just come on here and work and that's pretty much it um. So i end up having a red day um, because i got my ass kicked on clove, even though i was right 100 of the way i still got.

My ass kicked pretty annoying um but red. Today, 163 bucks traded amc, orph, roku, bngo clov alf tsla, vvpr entx. I was green on amc, green on orph, green, on roku, green, on bngo, red on clove, red on alf, green, on tesla, red on vvpr and green on entx. So i traded one two.

Three: four: five: six seven wait, two four six, eight damn i can't count for traded nine tickers a day was right on three green on six, but i had a big loss on clove which wiped out every single one of the gains for the day, which was A little frustrating um and, as you can see, there goes aud pulling back to that yellow price point as we discussed so um yeah with clove clove was a piece of um, but if you remember from this morning pre-market our recommended atmos price that you should go For was 14.50, you will notice, the market went to 1454-ish and then it crashed. That was a recommended at most price target today. So i was long pre-market like two or three times once long here, goodwin 180 bucks bought the dip here and then closed it for a loss like 300.. Then i went for a breakout and the market maker shifted.

The stock down immediately swept me out, and then they squeezed it open to my 1450 target and then ran the market down so pretty much just a bunch of market maker going on that chopped me up, unfortunately, but again, price target 1450 hits crashes. So my analysis before market open 100, accurate, i just sucked and failed - was all uh brian yeah. I do have tutorial videos and things like that you're just gon na have to you know, go back through the channel one of these days. I should really get like somewhat organized and like put everything in the description below i mean i do have quite a few things down there, but could probably make it a little bit more organized all right.

Let's go back. Let's take a peek at our friend. Am mick sizzle? Oh, my goodness, would you look at that huh weird, but how how why matt matt? I need help. Why is amc selling down off the price of 59 like 75? I just have no clue why i'm losing my here.
Yes, mnmd the bad. Unfortunately, um yeah, we can go review that we should mnmd. So yes, mnmd, unfortunately having a loss on this one, but as you can see, what happened? Market went up to breakout level back up to breakout level back up to breakout level, shy, breakout level, long bias. Traders currently closing out, so this is a situation where the bears won the battle.

Remember i was saying that the shift point is the white line. That's where the big move happens. That's exactly it! So that's why we kind of battled to get through that for so long um, one second, so again, move goes up, pulls back. Pushes up drops down squeezes up, drops down, pulls back up.

You can see. The halfway point is right here: here's your football field! There's your 50 yard marker, so your shift point right now is like i think, 406.. So in the event we get markets back up through this. That's where your big trending move happens to the upside, so it does suck because we didn't break out right now and we're pulling back um, but we still have a per share ownership below the mean, which is better than a per share ownership, above the mean.

So we don't own the stock in resistance, we own it on the normal long-term trend, so it's decent, not the best. So the way i see it is right now, support in the market is down at 305 um. So that's why i recommended that um, the 305 price was going to be um kind of the stop loss point so basically sitting hanging onto mnd for the time being looks like aud might have spiked up a little bit. Wow.

Look at that. Ladies and gentlemen, look at where the mick pullback was look. At i mean my red lines are a little off, but you can see markets pulled back exactly to where we suggested they were gon na. Look at that wow wow man pulls back bounce figures.

It must be dumb luck. I have no. I have absolutely no idea, no idea. Um four plus did not become the norm, so four plus is just normally what we start seeing now when people break three.

So when the market gets a little too exuberant and they they break the three, then we see them push it to four. So basically, four is like where we just anticipate markets are going to move once the euphoria kicks in and we push three i've been trading since my early 20s, i'm 27 now investing for a while. So nowadays it's just kind of second nature. I don't always win money not every day, but you know.

I also view trading slightly different than i think some do. But anyways you know analysis or the market is, you know, i'm studying to become a cmt which is called a chartered market technician. So i really just love looking at this stuff to begin with um but yeah. That's that's pretty much it.
What are the two red lines you have for pullbacks? The two red lines i have for pullbacks are just term support and resistance, which is found on the 180 day to four one year day, chart goodyear chicker gt 3.0 for shorts. The stock is technical, good years gt. Let's take a look so you're, shannon so gt. Currently, moving bullish on the up stock is currently in a dip.

Yes, gt is um, that's actually a good swing. Long stock i got ta say i mean it didn't, really touch support, but it's one of those situations where it's like yeah he might as well yeah. You know what i think gt's decent for a swing, long ttm's on the up volumes on the up. That's the four hour.

Let's check the mic daily um, the mcday does not have not on support that's kind of iffy. It's it's got potential. But to me it's not low risk enough and the reason i say that is because this is also support here. We did not actually touch support and we're trying to bounce.

You can see that we came very close to trend support, but we hovered above and we're bouncing. So it's like you're, not the first you're going for the little little wedge break. So it's okay i'll, give it a i'll i'll give it uh i'll give it a i'll give it a halfway thumb i'll, give it a halfway, but i see the long. I do see it! Hmm.

How do you trade the open? You either do or you don't literally. Let me let me try something that might completely elevate your thinking all right. Let me look at a one-minute chart here. I don't have it on there.

So let's do that. So what i'm gon na do right now is i'm gon na try to get you to imagine that the market is just one continuous realm of prices changing okay, i don't know if you use thinkorswim, but generally most software's or charting softwares or brokerages, that you do Charting on they usually try to give you some sort of distinction between pre-market after hours and market open one way that think or swim does. It is by giving you or highlighting the chart for you. So i'm not sure if this is the way that your chart set up, but you can have your charting software like this on, say.

Excuse me uh on thinkorswim and the gray area is there for you to identify market close after hours, pre-market, market open, and so your question is: how do you trade, the open, whereas what i want to get you in the habit of thinking of is not how Do you trade, the open, but realizing that this is all just one continuous market? So what i mean is i'm going to go back and i'm going to delete that gray area that tells us mark it open market close. So when i do that the mark, it should just go like look black right, so i'm going to unhighlight that and now what i want you to think about is that the market, regardless of the open you know to a degree. It's really just one continuous trading market, okay and generally, each morning when the market opens, we are either going to go to a price target or we are going to break out of a price target. So you trade in the open will always be dictated by a how you're trying to trade, but what price targets you establish for the stock and how you're trying to go about achieving those price targets.
So this is amd. I didn't trade amd today and i don't really remember doing a whole big analysis on it. So, let's just let's see right, let's forget about how to trade the open, but let's just look at amd as one continuous market from yesterday into today. All right! So, let's see so, we would come up with a price level here and uh and we would come up with a price level here.

Okay, so based on my analysis, so far, the two nearest or closest levels of support - okay, are at. This is like 82 30, and this is like 83 11.. So when i'm going into market open, how am i going to trade? The open? It's just yeah, let's just try to aim for the next closest support on the short. So if the markets are meant to go down, we should go towards a support level wherever demand would be, and if we want to be long biased, we we're either going to do a breakout play or we're going to want to take ownership of the company or The stock at what we're able to perceive or determine is the lowest risk support buy.

So when we do that, and we don't really care too much about you know - is the market going to open and this and that we just go about finding excuse me. Let me change this. We just go about finding where our lowest risk support levels are which, in this instance, we found out that this red line was what we're able to determine would be the lowest risk long or the earliest available support for the market. On amd.

You will notice that at the open we swing bearish to our nearest available price target and support, and then the market bounces up in a way all right. Let's go take a look at um. Let's pull something out of my ass: we'll go! Look at the stock! Atvi, i have not seen this in. I have no idea how long so again, this one didn't really have much pre-market trading.

So again the openness, how we're gon na go about that losing my let's go to the 180 day and we're gon na go to the daily chart. So we go to the 180-day chart here all right, so what we would find is the nearest resistance for the stock on uh atvi was, or is 9223, which mined you just a couple days ago, as the markets came into it. It's support so support snaps through that's now a resistance. Okay, that's the that's! The four hour chart, let's take a look at the daily chart, so the daily chart has a trend line right here.

You see that you see where the bottom of the day on atvi has currently gone to it's gone to this trend line. So the way that we would have viewed the market on atvi is clearly the market's going down and it's bearish and then from today. We would have been looking at the market and saying to ourselves that yesterday we had this was support. We had excuse me broken support.
We went back to it resisted away from it. We gapped up after hours to that price level resisted it, and now today, once we start to break down, the market has successfully broken down, and it's probably going to target to the next support, which is this level? Okay, so is it going to go down the openness or open your two big levels that you would target for again, let me rephrase that is that this red line in this red line are your target for the day. That was your target. It was either this one or this one and based on the way we have traded on atvi the market was more bearish, and so we swung below this guy and moved to our next one.

Okay. So, what's going to happen with atvi over the next couple days, can't say for sure, but you will most likely see atvi stop here, maybe go a little lower, try to bounce and hold overnight blah blah blah, but you'll probably see atvi trying to hold the bottom. That's pretty bearish, that's probably not going to stop there. I think you're going to see this trickle a little lower, but in most cases this is where you'd see it bounce.

You can see. We came down here before into that zone bounce, but this one's a little more bearish. So i don't really care, but that's what you would have done with atvi today. Uh have i talked about trch no, but our recommendation for trch to the premium group this morning was to be bearish and not long bias um.

So i think trch did an offering and they're i mean. Can i get a round of applause here, ladies and gentlemen, because it was just last week friday that we had mentioned you should be getting ready to sell trch or that trch has reached a high price and you're probably going to want to get ready to sell It so anyways we have now done that. Actually, no! What what day was that? Because i think you know i can't remember exactly, but i know he told you it's gon na go down anyway. It doesn't really matter uh.

I would probably just remain bearish on that. For the time being, i could do a deeper and in-depth deeper analysis, but there's really no point. Moxc is just just going stupid. Gangbusters right now see this is this is look at this right like look at moxc, goes up to the blue crashes and now we've squeezed all the way back to the blue, which is very awkward.

So this has some momentum for sure yeah. I could see this continuing long bias too. You have an average at 605 trch. I mean i would probably probably be not having an average of 605 myself.

That's just me um yeah, because your your next resistance is 560.. So, theoretically, even if the market bounced back up to its next trending resistance and didn't go higher, you still want to go break even um. So you know do what you will, but i'm going to pass on trch for now as being a good long candidate myself. Thanks age, evermore infinity infinity, etc, etc.
Oh yeah, what happened to good old mick fubo mcfu y'all yeah? No, nothing too crazy! Nothing too crazy. Give me one second yo! Is there anybody that happens to be in the michigan area on this stream? Anybody anybody close to like novi novi northville, south lyon, anybody anybody at all anybody any takers, huh trying to find sorry, i'm trying to find this guy's number it's not going over! So well. What about bynd, aal bullish, didn't aal start bearish today did or well it's been bearish um. I think most of the airlines went through a sell-off.

If i'm correct, they did. Hmm, i feel like al, is going to try to try to bounce back. Here i mean if we look at the volume it does seem like there's more buying in this dip than selling, even though you see red volume here, you know in red volume here the selling volume theoretically has been going down so like in this down, move the Selling volume is going down and the buying volume is increasing in this dip a little bit, but we're not you know we're not entirely on support, so i got ta, give it like a halfway thumbs up because it just like doesn't sit totally right with me. So i give the half thumbs half thumbs, lk co.

So again, lkco um had its shift point. So again. Let's think about this, so the big uh, the big ole, big ol, shifty, big old shifty magoo, was here okay. This was your shift point okay, so this would be low.

This would be lower and this is decently high and this is higher so owning. This now means you don't have a low ownership average. Within the current market structure, you have a high ownership average, which means that you still are susceptible to the markets, pulling all the way back down to the regression trend or the shift point and then bouncing something like that. So for now i myself, i'm not extremely bullish on a swing trade perspective because on a swing trade you'd want it down here.

Okay, on a day trade idea, you might be able to have a day where it gets forced up to 3 45.. So optimistic, but don't really care too much, because i know that you're already to overbought prices, so my at most targets for the market right now on lkco would be 3 310 to 346.. So when we look at the daily chart, those red lines are my atmos target for the. For now.

On on this, i wouldn't be looking to get too much more above that meaning you're, probably going to sell off pretty soon w-w-s-m huh, hmm a mick mcdonald, email huh. Oh, let's see all right. So if we look at ready watch this go to the daily chart.

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2 thoughts on “Amc updated price levels”
  1. Avataaar/Circle Created with python_avatars tidan1 says:

    LOL! Awesome live stream Connor – thanks!
    Attn Youtube: Everyone on The Boiler Room/Connor's channel loves Biden, large government, taxes, gender studies in Pakistan, big tech censorship, and think we have too much freedom/free will. Please reward him by not suppressing his reach any longer.

  2. Avataaar/Circle Created with python_avatars Hugh W. says:

    Can you do a stream in the evening when most people are off work? Thank you for all your help today!🏆

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