Good morning, ladies and gentlemen, everybody welcome back to pre-market watch list and boy. Oh boy, do we have things to talk about? No, not really it's just the typical same old, but we will get into that here in just a second. So today we are going to be discussing uh, pretty much where you're going to be looking to counter trend dip by a m mick sizzle all right. So we will hop on over to that chart here in just a second and then we will get uh we'll get going.

So it's not looking good folks, it's not looking good, but that's. Okay! I'm here to calm you down! Okay, i'm here to calm your nerves! Okay, so the first thing you're gon na do okay is you're going to sell your car you're going to liquidate your 401ks and you're going to dump it all back into amc, okay and then, if that ends up failing you're going to selling your house all right And then maybe having to do a refinance sort of deal and then you're going to dump that back in and then that keeps going down well, ladies and gentlemen, i have nothing else to tell you so, but long story short, let's get into this all right, so Am mick sizzle it's going down the world's burning everyone's freaking out. No one knows what to do. That's okay, we're here to help, so the market will probably continue to stay bearish on amc.

For this time being we will most likely see the price of amc decrease. All the way down to the price of 44. or forty three dollars and ninety five cents to uh forty two dollars and thirty eight cents and that's where you're gon na wan na buy amc. That's pretty much it.

So, if you're, someone who wants to be short, biased, your short target right now is down to um 44 to 42 30, which you can't even really short the stock. Now i don't even think i can short the stock anymore, which figures right now when it's actually good to short, because it's coming down, you can't actually short it right right. That makes sense right when you now that it's a good short, it's going, you can't short figure, so anyways um going forward. If you want to be bullish, you need to be bullish off a support level which doesn't exist down until 44 to again 42 30..

So, in other words, that's pretty much the analysis for amc. There's really nothing more. To tell there's nothing more to say: that's, probably what's gon na happen, um yeah, so um pretty much just bearish amc won't really be bullish until we get to 44 or 42 bucks. So again, that's it.

There's your buy zone for the day and or tomorrow or after hours today or pre-market tomorrow. That's the buy zone. Five minutes late, i'm sorry! I had to make a new thumbnail so um. Ideally, this is where a strong support's at we would like to see amc down there for a dip buy, because that would be a low risk dip buy in the event it doesn't go down there.

Then it becomes a matter of whomever is buying the market before support being able to bring it back up and above 49.80. So there's really no way that you're going to shift this downtrend momentum fully back to the upside until you get over 49.70. Otherwise, you have a counter trend reversal, long bounce at the green box. Okay, that is uh.

That's pretty much all we have to talk about there all right. So next thing we'll talk about is clove. Clove is something that we're going to be continuing to watch hold on. I got ta add something to my chart here, all right, something that we're going to be doing is following clove on the long side today.

So it's really just looking for continued momentum. It may or may not work we'll see in the immediate we're looking for clove to stay over this orange line, which is a price of 10.55. If we start to come down below 10 55 successfully, then we're going to see some more bearish movement in the immediate, which would probably take us down to 1044 blah blah blah doesn't really matter, but uh we're going to follow clove a little bit on the long Side today, and really the reason is because these two red lines down here this was your dip by location from yesterday. So the same analysis that i just gave you on amc is really the same thing that i did yesterday with clove saying this was the recommended buy zone you'll see that we sold off down into this area? We bounced came back to it, traded under it.

Today. We both flagged pre. You can see the bull flag there too right. You see that little bull flag in there pre-market breaks over the top of the green zone snaps up, so we're hoping that there is continued bullish momentum on clove today, since it's been selling off for so long and we get more of a bounce than just this.

Now, if we do get continued momentum, then we would be looking for a price target of this red line up here. So this would be your desired uh selling zone on the long move up with clove today, so optimistic clothes can go as high as 11 45.. The support for the day is right now, at like bigger support, be 10 25 to 1009 immediate intraday shift point support is at 10 55.. So this is the shifting support right.

So, whichever way the market, the market maker shift the momentum it can happen through. This point so either we stay above mark it open blah, blah blah squeeze out or shifts back below anybody buying long this morning, long and this move stops out to take their profit, probably bringing the stock closer back down towards the support. Okay. So that's something we're going to keep an eye on um next thing, we'll talk about is dtst just really quickly.

So dtst is something that i looked at this morning, decided not to trade every time it pops and ends up dropping pop drop pop drop, yadda, yadda long story short right now. You are currently in resistance. So this is the current resistance of the market on dtst. Okay, this is your current support for the day on dtst.

Okay done that all right, then your current desired price target on the long move. If you successfully break through the red box, resistance is going to be to here so we'll mark this one in sort of a bright yellow like it's the gold level, so the bright yellow will be your target once you break the resistance. Your current support on the day is the red line. For the time being, we wouldn't really suggest you trying to trade dtst any higher than 14.85 to 16 only because the stock is trading upwards from yesterday until today, with no news.

So therefore, it's a stock running on no news kind of, like so anyways you're in the resistance of the market. Therefore, it's 8 42 a.m. If it stays like this or in this price level, until market open you're going to be opening at market right in resistance. So you're going to have to play it based on your feel whether whether or not this is truly breaking okay, because it's not like you're buying this, while it's moving from two you'd be buying this trying to get it to break out of then go to as Opposed to it already breaking out buying somewhere up here and then trying to ride it too, so you're not jumping on trend right now, you're trying to break it out and create a new trend to the yellow zone.

Okay yeah, it would only really be an intraday move. Yes only be an intraday move, um on clove, okay, the next one we will talk about is dare okay, all right, so dare was something that we watched this morning. Um i had first seen dare like back here then by the time i got around to like looking at it again. We had started breaking up to here and then we ended up taking a small long from the like: 10 40 prices traded up towards like the 1060s and closed out, and so it wasn't a fantastic trade in relation to it being a big trade, a big winner, A big trending move that we caught, but it was a good trade in the sense that we had recommended that this was going to be the selling zone of the market on, dare today, from 242 to 260 at least pre-market.

So when we got up to 240 this morning, we said the high of the selling zone is up to 266 all right and we ended up getting up to a high of 264.. So there was a good understanding when we got to 240 on. Dare this morning we could see a high of 266, so when we got to 240 we were still buying it, trying to push it up to the 260 but selling into the 260s. So when i go to the longer term chart you will see that we have.

This green line - that's actually kind of off a little bit now, but we have this green line like right there, i'm just gon na redo all this really quickly. One second and then i'm gon na take a look at a lot of the stocks. You guys are talking about so we got this green line here. Boom switch it up to the four hour.

You're gon na see this green line here boom. So you'll see that when we go over and switch to this one minute, that's where the selling target was so. This was a desired selling target so on. Dare today, you kind of already hit a good selling point.

I don't know if the momentum is going to continue back up, but if the momentum is going to continue back up generally, that would happen after people try to sell the stock down. So now the stock is selling down it's more or less us trying to find a location where the market would try to support itself so that anybody who is selling the stock short or just selling it in general can get squeezed out and so to speak. So, as the stock dare is starting to sell back down, we have to see. Where would the support levels be? I would say: support levels will probably be down at two dollars and eighteen cents to uh two dollars and maybe 20 cents, with the potential shift point at 240, which we already are below.

So there's that. So look at that ready. So remember how we just went to the four hour chart here. I said we're going to have support at this yellow line and then we're also going to have support at you know this yellow line on the daily chart.

So i'm really just going to the daily chart, taking these long term trends saying this we're going to have support, watch what happens when we go back to the one minute chart when we go back to the one minute chart those two lines that i told you, Our support was the previous pre-market high and it was the consolidation in the cup and handle before breaking out right, and so i wasn't even looking at the stock to figure out where the pre-market high today was. Where would the cup and handle formation kind of little hold and breakout was? I was going back looking at the long-term trends and saying that's where it's at, because that's typically, where stocks will trade too and that's why the pre-market high is there and that's why the consolidation, the breakout happened, was because these red lines are there. So your support on the day is going to be down at 2, 20 to 217. So again, dare moves down to these levels and starts to hold that's where you're going to look for that dip buy to reverse into like a breakout, u-shaped formation, all right, and then that would also be like your stop-out level, if it if it fails big.

Okay, yeah clove just a minute ago, so yeah, if you look at clove, uh i'll, show you so remember. Just a second ago we said if clove is going to keep moving kind of in the immediate it's a matter of staying above that orange line. So you will see that we broke below that orange line and then we came back up to retest it as resistance. So for right now the market is trying to stay below right, we're down it's retesting to see if this is a valid break to the downside.

So if this is a valid break on the downside with clove, the market should not be coming back up over this price of 10.55. If we start to go back up over the price of 1055 and holding, then we might suggest that this is kind of a false breakdown, and the market still has opportunity to continue moving higher um and again that price, target's gon na be all the way up. There, okay, cool awesome, sounds dandy: um alrighty, i'm gon na go from like the top up and we're gon na start running through some of the tickers. You guys mentioned amd 100, so i got ta say amd's been crushing it.

It has gone exceptionally farther than the price targets we had suggested a couple weeks back so a couple weeks back our atmos long target, for you guys, was to a high of 87.. Well we're all the way up to 94.. So how about that price target? So again we told you to be watching this long, but not expecting it to go much higher than 87 for the time being. Now that was back when, obviously, if we come back and you'd ask me again but yeah, of course this can go higher now, but in the meantime, at the time we'd only suggested 87 or 88.

So anyways amd to a hundred amd you saying amd to 100 is possible, but that's like like the at most at most. For the time being, because you can see this blue line is priced at 99.67. So right now you should be saying price target or amd to 99.67 and not 100, because 100 theoretically isn't in the realm of possibility. It is, but you would just say: 9963 is really the price target.

So almost a hundred yes um, but that's that's the at most. If that makes sense, it doesn't mean it's going there. It just means. If it goes there, then that's totally normal, but going above 9963 is kind of like slow down, so anyways optimistically still bullish on this, but the way that we would typically look at this is that this is the selling zone right.

So you know, if you were to, if you were to like color code, this map you would, it would go like this so like this would be bright, green for very low risk buying right. This, then, would be like go up a little bit more to here. We would change this to um like a little less bright green, so that would be like, like a little. It's still a good buy, but not quite as good as the bright green and that's really not even that's kind of still too close.

Let's do like that. All right and then here would be like yellow because it's like some decent buy. You know and then right here would be white, because that's just like completely neutral um, then as you get up to here. This would be like kind of a deeper orange, because you're kind of starting to get high priced and then up here would be like i mean hold on yeah up here - would be red pink because it's bad, but not terrible, but kind of bad and terrible.

Then up here would be your bright, bright red because you'd be getting very, very high. Okay, so that's the way you can visualize that from a color code perspective right and then, when you look back at the stock you're like oh, i guess when we are like way down here towards the green, we do end up bouncing and when we get up Towards the yellow we kind of still go higher, but when we get to the white and orange, we do kind of start to go down. So, as am or as amd gets up into this blue level. You're kind of getting into the high really high swing side of that move, which would generally be the selling side.

Okay, wow. I can delete those now. I don't need all those all right. Can we go over qs? Surely temple qs, so yeah qs, still just kind of staying sideways, doesn't really look like.

It has a whole lot of momentum. I would say it's going to stay trading sideways to downwards. For the time being, i just don't see the momentum on the upside, yet f x, i f x. I is a dip by right now, more or less yeah.

If you're, looking at fxi you'd be more on the long side right now, you see be looking to buy this and swing this up to the upside right. Now you might have price targets of 45 bucks to 45.70. Uh apple does thule. Yes, there is a scanner.

The scanner is online on youtube right now, if a stock opens above its opening price, a stock can't oh, if a stock closes above stock closes above its opening price. Is that a sign of continuation of an uptrend or vice versa? No, it's not if a stock closes below its opening price for the day that doesn't necessarily does not necessarily mean bullish or bearish. No, what is the best easy best way to maximize profit of entry and re-entry so the best way to maximize profit on entry and re-entry is to make sure you're buying the absolute lowest point of the move. Literally, i know that sounds like i'm a jackass, but that is the best way to maximize profit, buying the absolute low and selling the absolute high.

How you go about doing that, find support and resistance. How do you go about finding support and resistance? Well, there's a million ways to do it. You can i'll leave that one up to you to decide, but for me it's using standard deviation, maximize profits buy the best points sell at the best point. How you do that is determining good support levels, good resistance, good trending targets, how you do that find out how to figure out support and resistance.

How do you do that? You could look at a chart. You could use an indicator. Standard deviation, multiple different ways to do it boiler. Why does the fed buy mortgage-backed securities uh because they help support the market? I mean that's just i mean it's pretty much it they're, just it's just another way of them.

Helping stimulate the world is really just it. In short term, what goes into it is more than that, but that's the main objective of doing that hi. I just finished working. What's up with amc selling off in pre-market, well um from a simple kind of i guess, approach amc has been overbought for a long time.

Um, so selling down is completely normal and i think it's just trading the way it normally should trade. And at this point i think it's you know i'm seeing it do what it would tip what stops typically do wait. Where's amc did amc gap down. How did that that didn't even make sense wait what that was so, oh, i'm like whoa hold on.

I just looked at amc. Look at this. I looked at the daily chart and amc, and i saw this green candle down there in my red zone buying zone like when did it go to that? When did that happen, but it was really just for me putting that green box on my chart, and it made me think that the price went down there. Ah man funny, but anyways we're looking for amc to go lower to a better buy zone, uh, ideally bro.

This is amd. Are you talking about amc, elon musk? Well, we already talked about amc at the beginning of the day um, so we can cover it again, but it's really quick and that's why we already stopped so it doesn't normally take us very long to do any analysis on a stock um so like when we Go over amc or gamestop, it's pretty straightforward. We just give you the price targets. These things are normally going to go to and that's it so amc greenbox, that's where you buy.

If it doesn't go there, you don't buy unless it gets back up and over 49.80. So better way of saying is, as the price of amc today is below 49.80, the bearish traders still have control of the market. The bounce slash reversal, counter trend location is going to be 44 to 42 30. shifting momentum trend change exists at 49., so bears in control unless they're back over basically 50 and then bulls will try to take back or put in some defense at the 44 to 42.

uh yeah. We can break down tesla, so yeah, that's another good one, because this is something i've been hoping would go. Well, i hoped it was going to go to 7 15 that may have changed um, so the price target on the upside max now would be um 7 13 91, which we're not even really trying to get to anymore because we snapped just the other day. So now it's it's no longer looking for this to flag out in pop two.

Now it's more of we're in dip by support and now we're looking for the markets to sustain and then trend back up. So i don't know if we mentioned it yesterday. I don't think we did, but the recommended dip buy zone for tesla yesterday. Was these green levels um so pretty much we're on the long side of tesla today we're expecting we're gon na see a long move, maybe even back up to the price of 670 um to well we'd want to get back to 666 and over, but it doesn't Matter so the dip by zone of tesla yesterday was down in these red lines and if i could explain that, it just means that tesla has pulled back from its resistance, which started at 700 pulled back down its support, which existed down here at 652 to uh Yeah, oh, it's a gap, filling yeah makes sense, um, so yeah, that's the support you can see.

We came down and bounced that dotted line yesterday. So support on the tesla market is at 6.50. So that's pretty much it so you kind of already missed the lowest risk entry dipped by to be long tesla from this sell-off for the time being so with tesla, again we're kind of optimistically on the long side. Only because we came into support here yesterday and started bouncing so the same analysis that i gave here on tesla is really the same thing.

With amc. Amc is selling down right, amc is selling down our desired. Buy point is right here same thing with tesla. Yesterday, tesla started selling down the desired.

Buy point was right here: um the same thing with clove cloves started selling down yesterday. The desired buy point was right here. So in clove is a better representation of what tesla did right. Clove big harsh down day into support, doesn't really bounce very good throughout the day gaps up overnight, go look at tesla, tesla sells down all day into the buy zone, doesn't really come back too aggressively gaps up overnight um.

So current support for tesla is down here. At 657 and our current long target is maybe back up to like 670 for right now, when will the shorts start to cover samarth rail on amc? So this is a great question, because shorts have already been covering for a long time. What you're asking is really a big unknown, because what you're asking is, when are the short sellers going to cover and the short sellers that you're referring to are the short sellers that everyone thinks is going to blow amc up to like 1 000. So these are naked shorts.

These are shorts that aren't on the books but shorts that people think are on the books, see it's kind of like you think you know, but you don't really truly know so then you're kind of like hmm, it's kind of like, is jeffrey epstein really dead or Is he alive we're just all assumed, he's alive and really didn't kill himself, but yet we don't really have the proof to show that he didn't actually kill himself, because the people who could give us that proof don't give us that proof. So it's like yeah. We assume that people are naked short selling kind of like we assume that jeffrey epstein didn't kill himself, but we don't truly have all of the pieces there to prove that there is or isn't this amount of naked short selling going on and that it could cause A price to go to this, so that's the issue, but in reality what we already do know for sure is that short sellers have been covering for a long time, and what i mean by that is when amc was down here and it went up like this. I mean: do you think none of that was a short squeeze, so there's already been a short squeeze you're just trying to continue squeezing more people and anybody who started shorting this top.

So again, the way the market works is when markets get to an overbought location. People enter short, then, when they come back down to a buying location, short sellers exit, okay and then other people buy back so back. When amc was trading at 20, it was extremely overbought people shorted it traded sideways and then the market squeezed the market got back to extremely overbought. We haven't squeezed since the market got it overbought once it's squeezed up.

This was the squeeze we're way. Overbought and we've pulled back, pulled back same thing, we did here so it doesn't. I personally, i think it needs more time now. It needs more time to set up.

We got to come down. We got a double bottom here on this support. We got to come back up so pretty much now we should be looking bearish down to these levels before really trying to be bullish with that being said, ladies and gentlemen, i'm sorry, but i do have to run. I appreciate you guys tuning in, but for those of you that came in later, if you didn't already get the news, amc were bearish down to 44 to 42.

That's where we would look to be bullish on the day. Everybody have a great day, i'll see you in the next.