AMC Updated Price Levles
https://www.youtube.com/channel/UCacp5WsukdwsN-nyaYu1RTQ
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Good morning, ladies and gentlemen, boys and girls happy monday morning to ya, thank you guys again for tuning in we're gon na get started here pretty soon. Hopefully, it shapes up to be a good monday morning and a good trading week, and hopefully amc goes to 6 million. I think 6 million is a totally doable price target and uh. My research behind that is ape moon, gang short squeeze yolo.

I think my research points to pretty strong conclusion of 6 million, so you know do your own due diligence, but uh six million, i think, is the way to go. So that being said, all right - we're gon na get started here. The first thing that we will start with is expr. Why not so expr is a candidate that we told everybody to watch uh last friday morning.

I believe it was so for those of you that tuned in to the morning live stream last friday. Thank you. The recommendation was pretty much to watch expr long over six dollars and ten cents. You would then first target up to about six dollars and eighty cents didn't give the analysis for the 864 price target until later.

In the day when we got into youtube during lunch, ish, maybe 2 p.m or so, and then we mentioned you could see. Expr move all the way towards 870 and then you're going to want to be bearish. So that is all happened pretty much perfectly now. The stock expr, as you can see, has pulled back from this green line.

To this yellow line you can see where it's starting to hold or support is right at about this yellow or orange line. So when we go and look at pre-market trading or so on, the current support for the market is here right. You can see, we dipped bounce dipped bounce and then we went up to what was actually resistance. So currently, the support in the market for expr to stay above is 693..

If we're going to see the market on expr continue to move higher in the immediate, then the price will not come down below the 693.. If it does, then it's just going to take longer for the stock to recover and then go up more essentially so anyways, i'm bullish on the stock expr. What we're currently following for is to see if the market sustains above the 695 price, if it doesn't sustain. Above the 695, then i don't really know exactly what it's going to do, because i don't think it's going to fall all the way to 6 15..

So i'm just going to go with the market's going to try to support this area of 696.. If it failed miserably, then we could see the price all the way to 615, but i don't think that's going to happen. I think we would just get a little shakeout and then the market comes back above above this seven bar so anyways. Basically, following exp expr long looking for the markets to get all the way back up to uh 778, once we cross 778, then we should target back to 862 and then basically just looking for an eventual move on expr all the way back to prices of ten Dollars and 34 cents to 938, so pretty much.

The ultimate max long target for us on expr is to 939 uh to 1038, all right so yeah thumbs up to that. So we're still bullish exp. We don't know if it's going to shape up to be a great day-to-day as we're in the pullback. So that's why we're still just basically watching this 699 price point right now on expr, all right now, we'll pop on over to am mick sizzle.
So our analysis on amc friday was correct. By about 80, we were off by say 20, so our analysis on friday was you should be bearish amc. Looking for the price to go down to, i think it was 50 to 30. We got down to 52.97, then the market bounced.

To put it simply, the current support of the market on amc is 53.37. You need to stay above 53.37, or else the market on amc is going to go through a downswing that takes you into the low 50s. I believe, but we'll get to that in a second. So for now your current support on amc is in fact 53.34.

That's what you need to hold over the current price action. Resistance is 56.70 now the reason the current price action resistance is 5670 is because the daily chart, long-term trend resistance is right there when we zoom in you will see that there is this little dotted line right there that comes into play at about 56.70. Now that line is going to adjust at market open, so for the time being, the resistance is here, but when market opens, this dotted line might jump up, let's say to 57.80 and now the true resistance will be 57.80. So we will have some sort of adjustment at market open on where the resistance is going to be, but for the time being, the price level to actually break out is 56.60 and depending on where the half deviation.

Price for amc updates at market open will then become the price target for the breakout of the pre-market high which for now i don't exactly know where that is at so again. To put it simply, we're looking for the market on amc to get back over for right now, so that the bulls take back short term control of this consolidation, so the consolidation you've been seeing like here to here. Okay, this whole consolidation. The midway point is that dotted line right so every time we're over it.

The bulls have put bears back onto defense and every time we shift below it, then the bears put the bulls back onto defense, where we'd be forced to buy and bring it back up. So again, the objective right now in the bulls is to get back through kind of this red these red levels, because that would be shifting momentum in this consolidation back on the bull side, which then puts the bears on defense, which can then again force a short Squeeze so we're still battling for the most part, as we have been for like the past week or so um, and again remember this right: consolidation to the side. It's not a bad thing right, consolidating sideways, isn't bad because the longer we consolidate sideways the more time it gives this trend to go higher. So if you can see where this purple line's at the purple line here is at 76.50, if amc continues trading sideways for another month, this level, this purple line will probably end up being somewhere at like 85, and you can see how the price targets now get Higher and higher, so the more time you actually trade or consolidate on amc gives the market more time to actually increase for a bigger range.
So a lot of times. You will see this on stocks, they hit a high, they consolidate for a long time and a lot of times. The reason they don't break out is because the resistance is really just currently right. Above the previous, you know price.

Let me show you right: like you've been seeing amc go through this pullback and then it jumped up to here. Then it pulled back and it jumped up to here. Then it pulled back and it jumped up here and pulled back right and that's because since we hit the high at 72, this blue line is resistance right. So we pull back and then we jump to resistance.

We pull back and we jump to resistance. We pull back, we dump the resistance you're like. Why isn't it breaking out? Why isn't it breaking out? It's because it's already at resistance, as opposed to when amc was down here when amc was down here. The blue line was all the way up here, so it still had room to run all the way up to the blue line before it's really hitting resistance.

In this case, you only have like maybe five six bucks up before you're hitting resistance. So, theoretically, there's not really a big price target on the upside before you run into what would generally be a resistance, okay, alrighty. So that is pretty much amc and then really quickly. I'll talk on gamestop! So again, gamestop has pretty much pulled back to support gamestop's in a situation where it's pretty much got to get back over the price of two 1280 and staying over to 1280 to potentially shift momentum back to the upside.

So we're slightly on the bull side of amc, just or sorry gamestop, because we sold down so much um, there's a slight bullish divergence on the stock. Now, after we retested this previous low, we have a higher trending rsi, which means the market's into more of a bullish divergence, sort of play so kind of looking for this down trend line to break recover the prices of 1251 etc and then, hopefully, to see gamestop Move higher the only way gamestop's gon na move higher is probably if amc moves higher. So it's all kind of moving in sympathy so for right now slightly on the bull side of game, stop and that's pretty much it for gamestop. That's a lot there! That's a lot, you know i got ta say hold on like one second.

This is this is where i get confused. I really do this is what confuses me so matthew perry. This guy is a savage. I love the kid.

I have no idea who he is, but he's got 125 000 subscribers and currently 727 people watching them, and then i have 170 000 and i get like 169. So i don't know, i don't know what i need to change about this charisma. Hmm. What could it possibly be? So this is where and really i'm i am generally like.
I just don't. I really don't know so like. If any of you guys are super tech, savvy know anything more about youtube than i do. Then then, please let me know i would love to know and like even watch this ready.

Let's see this so i know it's, i'm sound like a whiny, but no really. I do want to know what i have to do right so like here we go. This guy's got 30 000 and he's got 1200 people watched 1300 people watching them. So i'm just like hmm, don't know not quite sure, yeah live trading.

I mean sure that would definitely help. I mean absolutely live trading will help not none of these guys even live trade, zero, none of them so again that that really isn't it. You know i've thought about that too, but none of these guys actually live trade as well. So i'm like hmm, so i'm not sure i'm still battling my way through this whole youtube thing, but uh yeah i mean i've tried everything i literally tried it.

All. I've tried making the titles a certain way, adding the descriptions a certain way, commenting thumbs up because there's even like i've even paid for subscriptions on youtube for like how to best work. The algorithm - and i did that for a while - and it still really didn't didn't, seem to change much. So i don't know consistency i mean yeah, but i'm on every single day monday through friday, 8 30 a.m, always am so.

It could be too many wrinkles in the brain. You see that look at that. I know look at that all right, so we covered amc that was grand that was good, um wife might leave me yeah, we'll take a look at wish. I know a lot of people are talking about this whole wish thing um so on.

I think it was friday yeah friday, our recommendation. That was that this was the resistance, these two red lines on which were the resistance and the only way you're going to see which higher with the breakout is, if you get through these two red levels. So ideally, it's the same exact analysis as it was friday, which is currently sitting on down trending resistance of the plus one deviation. In order for this to go higher, you're going to need to break through pretty much 15 14.85, and then you should see um, you should see a rip on which so that's pretty much.

What we're following the current resistance on, which is right here, these red lines you can see as we got here, we sold off, sold off, sold off, got back to these red lines, sold off wick off wick off. So as long as this market doesn't sell down and the bulls keep pressing this market up, once we cross through the prices of 1460 to 14.85, you should see a a long bias, trending move on which okay spce to reach 65.. So my recommendation on friday, midday on spce after it broke out, is that it was gon na stay trading pretty much in this zone. I was wrong.
It went up to the next zone, so pretty much amc or sorry. Spce ended up trending up a little bit higher into more overbought prices, so i'm going to stick with the analysis, and that is pretty much once sp ce got from this price point now closer to this price point you should be, i don't say, on the bare Side, but not too bullish and the reason i say that is because we're coming up to long-term resistance, so i do believe we've entered the selling zone for spce we're not going to be seeing extremely big rips from this point forward. But if we do, the next big rip would happen through the 63 to 64 price. This is most likely going to be where the market tries to do some sort of selling pressure more clueless and likable.

I, like that, amc to 6 million. You know i thought about using twitch a long time ago, all day stream, that's another thing, yeah a lot of them do stream like all day long too, all right! So again, that's spce! I'm kind of reading through the comments here kind of looking at some other ones, so mrin mrin yeah. We can talk about that, not bad uh. So this was a stock on friday that i did a short on that realized, wasn't going to work and took it off.

It took all day for the short sellers to really squeeze out so pretty much in the morning. I wanted to be bearish just because i know we're into the overbought location, so i went short and then realized that the short was not going to work after we touched support once twice and started to trend up. So i covered my short here and then you will see that later in the day the stock ends up blowing up. So if i would have kept my short on and never paid attention to it, i would be negative a lot.

I would have been short here and i'd be here so covered short into a little pop. There ends up squeezing so the way that this now works is again remember how we always say the blue line is resistance. Well, the shorts got squeezed. This time is what happens so generally speaking, this is the resistance most stocks will come to here in this zone and then they'll sell off in this instance hold on so in this instance, the overbought location, let's just redo that real quickly, so the overbought location on Mrn was here and here so this was the overbought location yeah.

So you can see this was the overbought location. You can see, we popped up, sold down, came up to it again and then the breakout happened. So ideally, this whole zone is a selling location. That's why we were bearish when the stock was here for two days two days, the short wouldn't work and it got held up a little bit.

So this is a situation where, like okay, maybe this will actually squeeze so you can see later in the day, the market gets above the red line, which is categorized by the extremely overbought price, which is makes sense right and then people go short. So it makes sense that when you get over this level it breaks out, so there will be times where the market does not sell down at the blue line, and that's because the buying pressure is too strong. When that happens, the market can force a short squeeze. This was a short squeeze, so the way that i think about this is that everything above this line is hold on.
So everything above those red lines is a euphoric short squeeze, and then the price of this market is going to end up trending back down to these red lines and the reason i say that is because again this was the overbought price shorts. Shorted shorts got squeezed market will now return back to where shorts got squeezed. Also because if you were short here and you got squeezed and did not cover your average price will be here, which means, as the stock falls down and comes back close to this price point. Those people that were short that were big red will cover to go back to break even and they'll cause a bounce, probably here.

So i'm expecting we're gon na see mrin today tomorrow, whatever start losing some strength and then start selling down uh. It still looks strong though so. This is something i'm not quite ready to. Maybe short um still looks strong, but i do think we're gon na see see this come down.

You can see how he spiked up last time pulled back now we're doing again. The only difference is is this is a stronger trend, so i do think this can continue still having some long bias moves on it, but when we do pull back successfully, we should target back down to about like 340. At the time it will probably be like 360 380. hmm, some of your viewpoints.

That is mr productions. I would believe: that's probably it workhorse um, so yeah we could take a look at workhorse. That's not a bad one! Only because i know it's arguably pretty popular um, so yeah workhorse, similar to cciv pushed up to our last price targets now pulling back or in a couple hand, cup and handle formation one. Second, alright, so workhorse is right on resistance trend, so you got to get over that to force a move so right now, you're, currently on resistance, sure and you're on resistance there.

So pretty much the way you look at workhorse is you have a breakout play once the market successfully gets through 15.94, so yeah you'd be looking for workhorse to come up through 1594 for sort of a break play um. If successful. So, let's see down hold yeah. I like that more on the long side, and if a successful breakout really happens, you would target up to the price of 19.80 to pretty much 1980.

yeah. Your first target would be up to about 1950 1980 on workhorse uh, rsls, okay, so rsls was stock. This morning, pops up to eight - i don't know because i wasn't watching, but i'm just going to say that when we do the analysis, this is going to come to be the resistance on a long-term chart. Let's just give it a go.

We go to the daily chart and nothing really there kind of so the daily chart has where's my phone. I have a phone in here today. Oh it's right there, oh kinda got ta. Take this, damn it no we're calling back.
Okay, so there's kind of a resistance point here on the daily chart with rsls: let's see if the four hour comes into play, yeah kind of so it wasn't the big resistance marks, but it was the half deviation prices. So you can see that dotted little line in there blah blah blah. You can see that's where the market came up to today. So that's your current breakout level over those two red lines.

Your pullback support for rsls is pretty much right. Now almost 772 is gon na, be your first pullback support level. Oh, but you had one right there, which was at 784, so really the current pullback support for the market on rls ls is right now. So if this market's going to continue trending higher in the immediate, then you're - probably not going to see our else rsls breaking down below these levels.

So if you want to be long biased, this would be your long bias level and then your stop out price would be as the market's kind of going below 770s. Because if you go below 770s then i wouldn't expect it. Does that, though yeah? I guess if you go below 770s, you could swing down to seven. So that's the way i'll say that is, if you get a successful break through this level.

You'd expect the market goes down to seven. But something tells me that's not gon na happen. This is gon na try to hold up. So that's what i say this is your dip by support your target is to get back up to 880s and break through that for a bigger, long move, whoa jumped way too quick on there.

Do you think tesla will push the 700 cell down to 650 tesla already pushed to 700, so yeah? I think it would well. No let me rephrase that it already did so again. Our recommendation for tesla was basically back here to be long up to 700 and to 723 were bullish tesla for the time being, until we get up, probably towards like 7 20., the pullback support of tesla was going to is at 6.59. That's for now, when the market updates, this could be a little higher, so i think we're in a dip on tesla that should be bought and you'll be targeting up to a price of maybe sorry, 723, 721 and then we're gon na see bearish activity on tesla.

More so thoughts on ethereum um, so one second so thoughts on ethereum. So, ideally, the recommended buy price for ethereum was that red line, so this was our recommended, buy price for ethereum before it crashed. So when ethereum was trading up here, when a theorem was in this bounce - and this thing we basically said if this bottom gives out and crashes. Your next buy point is that red line, so we crashed, dropped down to this red line and we're starting to bounce.

But i didn't take part in it because i was really waiting for the bitcoin bounce, so you can be optimistically bullish on ethereum, but the case really is generally bitcoin moves other cryptos, so it's more or less. Should you be long bitcoin to be long ethereum only because that's the way that the market's worked for the longest time now, so it's not about being long ethereum. In my opinion, it's about being long bitcoin and no. I don't really think we should be long bitcoin.
Just yet um we're still kind of struggling this bottom we're going through a little dip right now. I want to see bitcoin down to this green line before i bought it hasn't gotten there yet. So i figure we still have some down swings that could we could see on uh on bitcoin and if that happens, we should see ethereum continue to go lower, um, which i haven't even thought about. That right i mean i, i really haven't even yeah.

So if bitcoin goes down, we should see ethereum a little lower, which then means i would probably be more long, biased down there. It doesn't even matter so. No i'm not really long, biased ethereum. I think you're just kind of neutral waiting for bitcoin to go to prices that you really want to see it support which for me, are like around 23, 000 or so uh.

Three deviations, the blue level, um yeah, bngo bngo, is up to the price targets that we told you to target to just last week. So pretty much in this dip we mentioned you should be long up to whatever line we're at this morning, so eight bucks or so so again, when we went through the dip on um bngo, we said you should be long bias up to that red line. This red line to that red line so anyways we just hit price target on bngo, so i would expect a bearish day from bngo or pulling back to occur. You can see we're starting to sell off right at 780., so ideally you're going to want to be bearish for bngo for the day, but bullish overall in the long term, as i think we're going to be returning back up to prices of maybe like 9.48.

So i still think it's a good opportunity to be getting long and buying this stock for the time being, so we're bullish, long bias, 859 alf. Do you ever look at longer term charts like monthly deviations tyler generally? No generally, i'm not looking at longer term charts. Did you notice a cup and handle on gme and no, i do not notice a cup and handle on gme, i mean maybe an inverse company or sorry uh an inverse cup and handle but uh tyler. So it's not about so again.

The way i look at the market is more about when the markets reach prices that i would like to take action at then i take action. So it's less about me saying i think it's gon na like, for example, if i miss where i would like to buy, then i'm no longer a buyer, not that it can't move bullishly or this or that. So when i'm saying i want to see 23 000, i know that if bitcoin were to fall there, it's going to create a low risk buying opportunity for me. So it's it's it's less of what i think is going to happen, but more of where i'd like to participate in the market for low risk opportunity that that's more of my approach.
So it's not oh, i think bitcoin is going to fall to 23 000.. No, i know there's a great buying opportunity for bitcoin at 23 000. Hence, why there's a good opportunity that it sells down to that level, um and so on so forth? So it's kind of, like you know it's kind of like tesla here right, you know, tesla is something where i still see long bias opportunity in because we're not quite to our price target, so my analysis would be long tesla from up to this red line. To this red line, so i still have long bias opportunity here on tesla, but once we get to here right once we get to this zone, then i want to be bearish exact.

Then i want to be bearish once the bearish move starts. You know, then, it's it to me. It's like, i want it to keep going, but it doesn't matter if it goes up or if it goes down. The most important thing to me is that when we get to this zone, that is generally going to be a low risk selling um, you know target if that makes sense, so is tesla going to go to this price here i don't know for sure.

I want it to because i know that's a low risk selling zone for a short um all right, ladies and gentlemen, that's all we have for you this morning. I appreciate you guys tuning in with that being said: um have a good rest of your day and i'll see you guys all tomorrow morning. 8, 30 a.m. For another pre-market, live stream, make sure to hit the thumbs up button and the notification bell and if you have been subscribed to the channel, make sure you're actually still subscribed to the channel, because you could randomly be unsubscribed.

Don't ask me why? But it's happened to tons of people literally i get instagram messages, hey connor, just wan na. Let you know by the way has unsubscribed from your channel again, even though i watch you every week, so just make sure all right guys have a good one and i'll see you back tomorrow morning.

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

    Honestly, for me, don’t change a thing. Love your videos, and non-sensationalistic technical analysis. 👍

  2. Avataaar/Circle Created with python_avatars Neal Smith says:

    What I have noticed on other channels is the following. The host will always give a reminder to click the like button at the beginning of the video and at the end of the videos. Just my thoughts. Your awesome keep it up.

  3. Avataaar/Circle Created with python_avatars Mary Lou Nemanic says:

    Great information! Try using your name with Boiler Room branding.

  4. Avataaar/Circle Created with python_avatars Richard Yang says:

    Over a month ago, after watching a few of your live and previous videos, I had to sub the channel. You have a more educational level other channels don't provide sometimes even dumbing it down for us to understand. I try to get on every premarket live stream, but if I don't get to the live I watch afterwards like now. What I like about your channel, you don't over exaggerate your titles and claims rather keeping it simple and realistic, a change of pace for me. However, I do feel the vibe as if I'm watching the news, at times it's not too boring but the information is high and straight to point.

  5. Avataaar/Circle Created with python_avatars Marcela Damico says:

    smile more?

  6. Avataaar/Circle Created with python_avatars DANDY says:

    try out a collab or interview of another trading channel you like. embrace others in community, numbers will go up

  7. Avataaar/Circle Created with python_avatars DANDY says:

    add some key words to title like "squeeze" "ape nation" stuff like that maybe

  8. Avataaar/Circle Created with python_avatars Daniel Light bringer says:

    I think beginners get confused on what side your playing on bro wich your Tru we followers know u like bull side but beginners are mostly long player if that makes since your truly the best on you tube by far

  9. Avataaar/Circle Created with python_avatars Daniel Light bringer says:

    Man I can't say how much I appreciate u brother

  10. Avataaar/Circle Created with python_avatars Miguel S says:

    Have a flashy intro with money and material items, youll get more viewers. Dont sellout tho, your a genuine dude!

  11. Avataaar/Circle Created with python_avatars taihuynh says:

    you're funny Connor. You're more educational than the ppl you spoke about. I think you should do Kids toy review, that will definitely add more views.

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