Hmm, hmm all right folks, uh we're on, i don't know, are we on? You can tell me there is a storm outside my house currently, so that could be causing some issues with dot stream right now, um, so yeah, okay! Ah, let me get out of this. All right, so is everything coming through. Okay, can you guys hear me is everything on all right, cool, uh yeah? I did four attempts to finally get my stream to work today, which really doesn't sound. It's really not a big deal.

It's just all. I had to do was click. This is a your screen. Might look really weird here.

I just click stream right as soon as i click stream or as soon as i click stop streaming. It stops streaming as soon as i click streaming. It starts streaming. So you know i had to do that.

I had a click. Start, click! Stop click! Start, click! Stop! Click! Start click! Stop just to get my stream to green right. Otherwise it was red right, which means you're, not streaming good, so it took four tries before it. Finally, finally go through this morning, which is just i don't know, but it's probably the storm outside anyways yeah.

We got a storm going. So if things kind of get like blotchy today, uh there is a storm. I don't know how long it's supposed to go. So, let's see um yeah for sure for sure, sleepy, jab, um, all right, so mmat is a stock right.

Now, that's kind of picking up in some momentum, um yeah. It might turn out pretty good uh lcid. So we'll talk more on this one today uh it wasn't one that i was trading yesterday, hindsight 2020, it's like oh, i should have traded, but i had a bunch of trades already in the works, so it just wasn't really easy for me to tie capital over Here and so um, it was just one of those situations where you have a great moving stock in the day, but you're already invested in tons of different place. So it's just it's just something.

I wasn't able to really hop on yesterday without either you know, basically destroying all my other trades or possibly not letting them work out so we'll get to that um. But you will remember, i said the first target on the day was 31. After that, you were going for 35, so we hit both of those and then you see a big squeeze happened. So let me explain kind of what happened um for sure meant to go to.

There definitely meant to go here. Everybody probably shorted here thinking it was done, and that was their short squeeze and that's why the market ripped back down to here right. It's because 35 was like pretty like, like that's normal right that, like that, was a pretty normal move, big move, but normal right. Um and then everyone thought it should be done here, they shorted and got squeezed and then all of the people that got squeezed had one opportunity to cut at break, even if they held the whole time.

So that was a short squeeze, and this was the market going. You get one opportunity to take your short off before we go back up. Pretty much is what happened there? Um, if you could recognize this, that this was the short squeeze and you waited till it topped out, you could fade the short down and then look to bounce here, um, so i'll walk over. You can see even here my uh my little my little title.

Uh short target slash counter trend hold right so for now this is just a counter trend - bounce theoretically, until we cross through this high, because we kind of maybe started a slight downtrend here right. So we could be trying to work down back to this level. It's possible, but we'll run through all this in a second, so um. I wanted to give updated targets on lcid, since it's going to be the most popular stock.

Probably today, even though yesterday was probably the banger day well, it was a banger day, but anyways we'll get to it um so 180 day, so the 180 day had a price level right here, which is at call it 30, almost 34.. So yesterday i said: watch that target and watch um this target, which is the plus one okay. Now, if you look at where this these levels line up, okay, remember, i said, watch that as your long target. Okay, if we go left look at where they line up, they line up with kind of the previous swing.

High start of gap fill almost so where people maybe have entered bearish a long time ago was all around this top um. So on a big trend, yeah a lot of people might be trying to stay below that that are on the bear side, people on the long side trying to target up to it. So when we got to this previous kind of swing, high location right here, okay, there were traders that believed it should stop moving and they entered ashore okay, so they probably started all around here, maybe even into here, and then they got squeezed out okay and then It's reverts back down, so remember. The long term levels are the red ones.

All the white ones are just me playing around. So the long term levels are the red squeeze flag starts in between those pops out fades back down to just below um. You start your new uptrend right here, so you could see, go down all the way like that. You finally cross the downtrend here with a tiny higher low.

You pop up do not break previous swing, highs, pull back new high or low. Then you break previous swing. High you're, still holding and you're still up trending slightly so theoretically uh you're kind of in an uptrend right now uh, because markets are uh, uptrending right now so yeah i wouldn't really be too bearish on that. So just an fyi metamaterials yeah, i know.

Well, it's just yeah. You know the market finds anything in any way to pump anything right. That's the objective! That's the objective of the stock market to get anything possibly moving that you can, because why not right so uh yeah, it doesn't yeah. It doesn't surprise me so if mmat ended up going through five today, it would have a it would probably have a big jump.

Like it did after hours, yesterday um, but right now your bears are holding that down as they should be. You know, as they should be um. So let me do some really quickly and we'll go back over lcid here. So it's kind of a situation where you should have bought this dip last night.

You really should have. If you wanted to be long lcid off this move, you should have bought this dip, which most people probably nev. Well, a lot of people probably recognize that right selling off in the day back to this level, like a lot of people, probably recognize that for sure um, which means i kind of missed a good entry myself. If i wanted to be in on it so um, let me think: where can this actually couldn't actually do we hit wow, we hit 39 yeah, so we had the plus three last night and probably the poster plus two yeah.

I think if you're gon na get this moving higher in the immediate yeah, i mean this is a good long entry right here to sustain this price. So, if you're, if you're holding this price, that would be good right. This would be good to hold this price on mmat today, right there, for now at least because then the market can probably push back up to the 39 price, if not higher, um and i'll. Show you why you can see the half deviation in here.

You see that half deviation price right there, we're coming up through that, so we're kind of breaking back up over it right we snapped below it. So it was a support, went below back up kind of a resistance, yet we're now kind of popping through it a little bit. So this is the market trying to create that next move up, at least for now, and if it can sustain over this red line, that would be a really good thing for the day very good thing for the day on on the stock, so pretty limited risk. There, because you could just stop below that 360 if it doesn't work um, but i would assume if this is going to keep trending up.

Bulls are strong long-term trends intact and they want to move it higher. I don't know it seems like a good spot for me at least for an attempt. Let's see what else do we have going on before we just get too ahead of ourselves too? I mean we do have right. Obviously this was down trending.

We have crossed up and over um. This is really like the previous kind of swing, high area kind of all through here, so you still have to get through this high in this high area. To really say you started the new uptrend in say the one minute market um. Actually, no sorry it started down here, that's my apologies.

This would be a little bit more important across these levels, but it kind of started down here. My apologies because you uh you bounced. There then pulled back high or low broke previous swing. High retest breakout run so yeah.

Actually, the the uptrend started back here, you're now just crossing the half deviation on the long term, which is at 368.84 this next target's going to be 37.53. If you pop this high you're going to tag, try to maybe tag 3753, which is the intraday half dev, yeah volume, looks stupid right now. So that's pretty good. Look at the volume uh very high over a hundred thousand you've broken all previous red trading candle volume.

So you're having volume breakouts not only on the chart a little bit but on volume, so that's a thumbs up, um yeah! So so far, that's a pretty good kind of move within this market um. So yeah anyways. What was i gon na say: targets right targets, target yeah, i mean mac. How do i say max because you had a really solid breakout there, but i i would say if we're gon na break over pre-market highs here um.

I would then be looking basically back to yesterday's high for now right. That's pretty much it so um. If anybody's bearish lcid right, they could be like oh we're, starting kind of a new downtrend here. So they're really not going to want to see this through the 3870.

So if this is meant to go higher, yeah you'll get through 38.70. If you're meant to kind of consolidate, you probably start to struggle around 38.70. So you can keep this slight downtrend intact, which might create like a couple day wedge or you might just create like a 30 minute wedge. I don't even know i have no idea so just follow the stock and have a good time.

Okay, but you know all the levels i just told you them all. It could do this. It could do that. I don't really know what it's going to do, but at least it went to 35 yesterday i love it.

It's a good time, good time, j-d-h-r-i-r-n-t yeah. So iron t can actually be uh. It has potential i've seen plays like this in the past um right now it hasn't broken down. So that's like the bonus, but yes, you can watch this long.

Yesterday the market tried to reverse kind of a big trend here. I'll show you so pretty much down start of new trend. We tried to cross the previous swing high here and the 200 moving average, but couldn't if we had probably would have had a nice move so arguably still intact. You haven't taken out this previous low and you haven't really taken out that high or low set in there at 1196, 12-ish or whatever it might be exactly um.

So in the off chance you get lucky and it holds then yeah. We could. You know see this pick up pretty well um. I believe this is a stock that has some news with microsoft um the other day.

It might still be in the news. Let's see iron net cyber asia readers choice award for best network, monitor wow, i mean there's some news. This morning, iron net wins cyber asia readers choice, award for best, in-network monitoring and observability whatever that means uh. Yesterday, iron at shares trading higher as a pullback blah blah blah on the 28th.

There was 12.5 call sweeps which would have been yesterday um, but before that were to go ironic shares are trading higher after the company announced it joined the microsoft intelligent security association. Traders on social media have also named the stock, a potential short squeeze candidate, but then again you will see that it squeezed out the other day, so yeah it already squeezed just the other day. Here. Traders and investors are wondering whether or not this could be like a multi-day banger right now, um for multiple reasons, but nonetheless they're watching it for maybe another dip by here for a move, uh we'll see if it plays out uh if so cool.

If not not a real big deal and if it does squeeze out again, then you would be looking probably past this high, but probably back to the mean right. So the same squeeze level we went to the other day would be the same target. You would probably aim back to this time around, if not slightly higher, so it's going to take a couple days and you'll find out whether or not or whether, whether it is or whether it is not a play. It shouldn't take very long to decide and if the market, and if it really is a good play and there's going to be a shakeout, you know they they might as well shake you down to 11 32 to the neg one try to bounce it there as Well, so just know that even if it doesn't hold - and it really is a good play - they can - they can very well snap you down to about 11 30, try to take you out before it rips whatever, so just keep it on watch the next couple days Be realistic about the market you're involved in and what's going on, and you know you might get a move down to 10 or sorry, 11, 30 and there's also another level below that.

But if we were going to rip, i don't think we would go to this. One which is down at 10., so if it's gon na end up doing good over the next couple days, i would imagine even if it broke 12, it can't go below 1060. if it goes or sorry. 11.

30., if it goes below 11 30. It's probably just a shitbagger anyways. So if there's going to be any sort of comeback story on this pullback a couple days time, i would assume, if not today, and if it doesn't happen then might be slightly skeptical of it. Oh sorry, nice hall williams, good job so yeah yesterday, if you guys remember a couple of things i was trading into were uh.

I was short m-a-r-a and short riot and i was short amc amc. I ended up cutting earlier for a loss, m-a-r-a and riot end of day bitcoin finally snapped um though it recovered like intensely fast. I did see a potential for a bitcoin rollover. I didn't think we were gon na.

Have some random like four thousand dollar. Three thousand dollar flash crash, but okay, so the market did end up rolling over after the gap fell, but it just did this like super crazy down crash flash thing which again, i wasn't like predicting that so the fact that it happened. I can't really take credit for it, but it did go down and that's what uh helped me get basically out. You know with these drops uh yesterday right so um, which arguably is like lucky hindsight: 2020.

Now, because look how fast that recovered. Arguably, it could still trend lower, but i mean that dip got bought so fast on bitcoin, which raises the question: is it just people obnoxiously buying into bitcoin, because they're afraid it's just going to keep going and that's why the bounce is so big, even though we're Kind of still slightly downtrending, so i'm not even sold that this bounce that just happened is like, even though it looked bullish, it doesn't convince me that we're not still gon na roll down um again we're still downtrending right, i mean bitcoin is downtrending. I know you think it's not, but it is. It depends on how fractal you are right.

What what? How what time frame are you looking at, because just here on the four hour chart, let me get my old drawing my other. Drawing tools will make my life a lot easier, and i got a lot of. I got a lot of a lot of meetings today, so i will be out of here at probably 10 40. Today i got if my first meeting starts at 11.

Then i got a meeting at 12. Then i got a meeting at one. Then i got a meeting at three and then i got a meeting at five. So today's a big one, um yeah there we are before all right, so yeah uh.

This is uh. This is down trending right now, um, so you were down trending higher lows: oh we'll just call these little dips, whatever okay. So then, down smidge of a lower high. If you want to call it one, maybe you don't really consider it till this one.

So now you're kind of down trending and arguably you could be like. Oh well, it broke the downtrend, but did it really? I mean you're, really gon na call that a break without a rollover to test the trend. So i think, for now it would be more logical just to say: okay we're going up. We started potential downtrend because we created a lower high until we break previous swing low, we're not really in a downtrend.

So then we broke previous swing low. The other day we have now bounced back up to test the breakdown of the previous swing, low area and filled the gap. Remember there's a gap to fill so we broke down created a gap. We bounced back up, yesterday-ish filled the gap.

Then we did a three thousand dollar flash crash got bought back up again. Are we out of the downtrend not really because we haven't broken 64 000 argue so until we get through 64 000, this uh short term downtrend isn't done until we're over that previous one. So, in my opinion, we're down still - and i will reverse that bias when we successfully break a previous swing con within that time frame, it depends on how fractal you want to get right and then, if we go and like zoom out yeah, no of course bitcoin's In an uptrend right like duh right so and then we go and zoom out yeah bitcoins in an uptrend right. So we are up up up break previous swing: low down, re-test breakdown, just like bitcoin's doing on the four hour, then down double bottom ish.

Try to break previous swing high, fail, lower low, basically a double bottom. Then we cross trend. Then we break previous swing high and then we pull back, sustain previous swing. High brake now we're in an uptrend uh, and then we kind of go up.

Do this little shindig magu break down previous swing low, come back, re-test, break down blah blah blah blah blah. Okay, uptrend previous swing high break. Now we go up, but if you look at the long term i mean nonetheless we're in an uptrend uh, so we're in a long-term uptrend, short-term downtrend uh, and i think we could maybe see it go. Lower we'll see depends just gon na follow for the next couple days off so m-a-r-a riot.

Those things ended up doing. Okay, because bitcoin pulled back. I didn't think the dip was gon na get bought that fast, but who am i kidding? I have bitcoin on. I buy bitcoin all the time, so i'm really not surprised um.

Okay, so we will um just be kind of following bitcoin a little bit here over the next couple days, um just to see if that geez, i should you know, i'm gon na keep my show. I have the key, that's what it is. It's me keeping this like this. That's what makes my that nerve get pinched in my neck or whatever so i have to, and it's probably because this desk is a little too big.

I need a smaller desk, one that sits a little lower uh, so yeah we'll keep an eye on bitcoin next couple days. I think it's fine um yeah and then i'm going to uh. Let's see you think bass. This wbx can also be a very interesting play today, potentially um, it's not a setup, i'm like so used to trading or like really know that.

Well, i'm kind of going based off of past remembrance, so this is kind of like a learning experience. For me, a little bit too it's going to kind of follow today, but you might get a big move from this um next couple days is possible, not a setup. I typically trade because i don't understand it, but in the past i've seen setups like this. That have done great, i'm like huh.

Why don't i so um this play? You can see gaps up over long term levels so on the daily chart, right so on the daily chart. Wbx gaps up pulls back to its breakout level of the long-term deviations and sustains. So it's breaking its para level, pulling back to its para level and sustaining its para level. This is exactly what b, e and e did before gapping up fifty percent and then crashing but b e n e ran from like 10 to 18 19 pulled back to 10 gapped up to 20 overnight wbx gap up pull back to long term trends, hold long Term trends: does it now go on like a bounce run? Is what i'm wondering so this will also be a follower for the day.

I think it's worth it. It kind of makes sense to me at least keep an eye on it, whether it be a good player or just for learning experience. So that way, next time around i'll be more clear, so wbx sort of an interesting mix to today uh to be more specific, wbx four hour chart up and through and then look at like. I will show you on a 10 day, 30 minute chart okay.

So this is the breakout we go up. We pull back all right. We bounce lower low, lower high lower low, almost a higher thingy, but really not and then down and kind of base. So starting up trend.

Okay, pop up, we don't break previous swing high. We pull back, create another higher low pop up kind of break, but can't sustain pull back high or low. If we go up in break previous swing highs, is it possible maybe worth the follow so without doing too many drawings, you're kind of seeing this? That's what you're saying now do you get your break and everyone's starting to buy that because i'm talking about it, so i am my job is not to pump stocks sec or any legal body. I'm just here to have fun.

That's it and drink coffee. All right! We're going to touch on the spine now, but wow. All of my charts are that's just not not effective, not effective, bud too poppy. He gave too much neck.

I love it you're the boy uh yeah, so spy. I didn't yeah. I wasn't online, but let's see so basically my upside target for today on the spy was this white line, so the objective might be to go along through this. I think that's what the market's trying they're creating an inverse head and shoulders pattern right into that level and i think they're trying to break it now.

I don't really think i let me rephrase that i'm not going to be long this by the way, i'm not not going to be lowing the spy right now, um, so uh yeah. I think there's a little inverse head and shoulders going on and it's right at the brake level, but part of me just doesn't really want to trade this break. I just don't think it's going to be good enough. I could be wrong and i've kind of been wrong about this.

So far i was right about going back to the market highs. I've been wrong about how aggressive the pullback would be, but we are starting to pull back in the area said we would pull back. So we're doing the kind of chop consolidation, not quite a pullback, so whether i'm too soon whether it doesn't want to happen not quite sure, but what i do know is happening is we are trading back and forth? The statistical mean price, which right now is uh right here, so you can see. Let me zoom in a little bit all right, so you can see exactly where that trend line's at when we zoom in all right.

So that's a long term statistical trend. Here's your one minute chart and that's where you're below. So if the market's true bull, true bull, strong, bull, they're, gon na gobble it up and try to push you right up through 450 61 and that's where your first kind of pop's going to be on the day. If it doesn't surpass and doesn't go through, then that's where you're going to get stopped out on the day yanked.

So what i'm kind of just wat - i'm just just playing it by year, i'm just sitting back and just seeing what the markets want to do, how they kind of shake around this. This movement um, whether or not they roll us down for the day or bring us up the uh, the nasdaq's a little different, it's a little more confusing kind of, maybe not um. So remember the other. So you see this white line same as the spy ready.

Why do you like? Why do you think the market did this and went to that level like? Why did it go to that price? Why not just go to this one remember like: why did the market go to here and bounce, but not bounce there like? Why not bounce the support that you put in right? Isn't that supposed to be support and isn't this supposed to be support, so why did it go below that right, like what i thought this is support, and this is support, then, why does it go here? That's because those aren't support it's because the statistical mean is the support and the statistical mean is actually up higher than that. This was probably lower yesterday and now we're bouncing back to it as it's increased overnight. So last night the statistical mean it could have been here. I might have been wrong.

It could have been right here and it just shook a little harder could have been a little lower whatever, but you'll see that today we went below and we bounced back. Two same thing: the s p 500 is doing literally the exact same thing: okay, there's probably an inverse head and shoulders pattern here too right all right. It's kind of like, like that's kind of shitty, but the spy is a little bit easier to see it, and then you would go down. You go like up and maybe even like this, you know it's, it's not the best.

Looking one sp y is a little more clear but the same same ordeal. Look at the volume spike that just came in there hundred thousand shares of volume right on the white line. Why? Why did someone buy a hundred thousand shares right there? Why not like up here back there? I don't know, maybe it's just picking up in popularity for the day or it was just sitting right on statistical support after the market had broken it right. So we came over came back down two trying to hold so maybe a big purchase order trying to sustain this level of support for the day helping the market.

I could be wrong so anyways uh regarding this. It's kind of in a moment in time where you're, probably just going to get faked out or confused by the market, because it's right around the mean which a lot of times can create some confusing trading just like yesterday, how the market went up all day and Then it yanked and then overnight it yanked. So it's like, if you were long, you just lost all your money. It's like, if you were long calls overnight.

You just lost all your money and that's because when you get to this price it likes to do a lot of like this, like that right, when you're really really really below the mean, then you go on. Bull runs right. So we look at this move on the daily chart right. So when you are really really really far below the mean, then you go on bull runs.

Then, when you get there, you start to do this dumb stuff like this right, so the easy money in the market is gone, kind of or the easiest. After this recent dip, the easy money market's been made. It's already gone now and the same thing with the spy right. If you look at a spy same thing, right, markets down easy run up to the the trends, and once you get here, you're gon na start to get a little choppy.

That's how it's! How the game goes, um shoe yeah, we'll just keep falling. It does still look bullish, though it's not really getting aggressive selling here, for the time being, so might need a couple more days, chop up and then eventually work down. Yeah um the guy who said voyager yesterday, i ju i only looked at the chart later in the day uh, but it does look very good uh v y g vibe ff yeah, so yeah. This is a.

This is actually a play. That looks pretty good and i think mark cuban is pumping this right now. I think he said he was going to give a hundred dollars of bitcoin to anybody who, like downloaded the application, something like that, but this is a good chart uh. This really is.

This has not broken previous swing highs, so it hasn't started or wait yeah. It did sorry right here, my bad, my apologies kind of right. There excuse me, didn't see it yeah, so you've been down trending, you kind of like popped up here and then went to lower lows. Based broke the positive one negative one.

Then this little swing high squeeze. So this might still have some room up to about 17 dollars within this current stretch, because when you go to 17, you're then going to be on the next big big previous swing high. So if there's a lot of people that don't want this to go above, they will hold it at the statistical mean of 1791.. Okay, now through 1791, we would then just be attacking 25, but that looks pretty spicy not gon na lie.

Oh yeah! Here you go. I'm sorry about that. Oh yeah. I remember w-i-m-i popped up earlier.

Anything else special happened from it still sitting here, but very strong pop. There i feel, like people are trying to buy those dips very strong squeeze there. Let's take a look uh, the new price target for lcid. So for me my price target was 30 not or 35.

Yesterday sorry, 35 was my recommended price target yesterday. Well, that's a lie. I gave. I always give two price targets when something looks like it has a lot of momentum.

I'll give two, and i say first, go here: watch how it trades then go here if it has a lot of volume going through. If i think it's just going to be a choppy turd, i might just only give one, but i did not give a price target of 39 because to go to 39 you'd have to break three of my specific levels, which is just a little harder to guess. Um you'd just be an idiot. If you said: oh, go to 45 every time, you'd never make a right play in the market or whatever so yeah.

I think i know it's um. I kind of forgot, but yeah i'll have to take a look at in a second, but i don't think you're gon na get gigantic rips, like you just saw unless you're really lucky, so the prediction for lucid lcid. Well, let me uh bring this over a little bit so sort of the two places where i know some strong interaction can be would be um here and here. Let me just double check my other time frames and there oh, but we wouldn't really do that.

Would we probably not so this is green, do so yeah um part of me believes that the market got a little euphoric here. This is the market trying to hold that bounce and there's a good chance. We can see. Maybe a downtrend come back down to kick lucid, basically back to these prices on the day.

So that is one of my thoughts, and one of my plays that i have in my mind is that this market got a little excited over 35 and they're, going to swoop everybody buying over 35 back down to, let's say 33 to 35., so yeah. I think 35 is a realistic price that that should have went to yesterday, and i think anything over 35 was a little exuberant and that's why the markets reversed and that's why we might reverse back down to these prices today. I think this is sort of slightly euphoric up there with the current move, that's kind of what i've seen in the past we'll see, though um so for me yeah. That level was right.

There yeah, i was gon na, say these are kind of the levels where i would like to be long in, and these are the levels where i could could consider to be bearish in okay and then everything else in between you have to pick which trend you Want to trade, so if the trend is down whatever gives you confidence to trade? This way you can try to trade into here and then look for a counter trend. Bounce um! You will see that that's why we bounced here we got pretty close to that line, but not quite you know so um good chance, so yeah. These are my two interaction points. So if i want to do something, it's usually going to be long here or short in there.

So those are my two interaction points for the market or unless i decide it's going to go to one of those and then i either trade into them and then once i get there, then i make sure i close and watch the market. So those are the two interaction points where either the market wants to go to, the market will have resistance or it can also bounce. So those are the two specific zones for the day, which is probably, which is why you stopped there last night, which is why you pulled back into it here today, which is why you bounced out of it and broke here up and then that's. Why? You kind of stopped about there.

That's why you bounced about here right on all those spots, so that didn't really give you targets, because i'm not really giving targets, i'm really giving a spread. Today, there's a to me, i think, there's a potential spread on the stock which we could consolidate in between. I don't see yesterday was a runday, so we run to a target now we're kind of trapped in between two levels for right now, so we'll see how this puppy shakes out now, you're starting to see, runs and consolidation run and consolidation right understanding. The days that you could have gas on the pedal to try and go up in days when it's just probably it might not do that right, that's another beginner thing that might be hard for people to learn is when things can actually be going and when you're Going to be buying into a day where things aren't going and then they just reverse on you and then you take a loss right.

You have to be able to differentiate when you can have a run and when you're going to chop, because if you're going to chop then trying to trade trend bullishly all day is going to fail, miserably right, you'd be better off just doing reversal. Long plays and reversal shorts within the consolidation zone, which can also be really hard to do because you have to figure out that's what it's going to do and still that can be challenging. So that is my outlook on lcid today, w-i-m-i, like i said it kind of, seems a little bully. I feel like i have levels up to 625 to 597..

Let me see, let me delete all my stuff here um, so this is kind of interesting right because wmi right, if we look at the chart here so down kind of, doesn't break previous swing high, so down down down down down kind of double bottom up kind Of like almost a new low but holds, and then it just bases flat, you guys remember the pattern with uh shib go look at shibs chart before it did its like first big squeeze after its first pop. You know the first. I could just pull up the chart watch this. This will help you guys kind of understand some consolidation.

The only reason i said it like that is because i was going to pronounce it incorrectly to go with at first. So then, i just kind of had to roll with it, so um no hold on where's. My seven mother trucker come on mick shiver magoo, where yeah puppy, it is literally a puppy. So it's kind of funny all right.

Where is the old shiver magoo chart? Ah, that just doesn't help me. It doesn't look as good as it used to because we went on such a big move, but yeah i'm not even gon na. It doesn't really look that great. What i'm trying to show you, but just go.

Look at the the consolidation from like june till october of this year, and it's a very similar consolidation to what you saw here that w i m. I actually did so kind of interesting, we'll see if this ends up working today or not. It seems like there's a lot of people trying to trade it up and look at that volume down right there very interesting. So if we were to look at the long-term chart here right, we were just sideways consolidation.

The market right now is trying to break the previous kind of swing highs right here. If successful, this can have another good move, okay and or if it broke. So if it breaks and holds this or pretty much any of these ones here, these previous swing highs, it would actually probably make more sense to just look for the break of this swing. High all right and then just target up to like say, 650 and then just anticipate that the next swing high is at least going to have some resistance there.

That would be realistic, so we'll see what happens if it shakes up on the day, whatever it does. Who knows? I don't know. I've never tried it before, but yeah. If this ends up holding this level, you would look for a move up to there.

The reason you're getting a lot of selling pressure here is because whomever is holding this short or whatever they do not want to get squeezed over this previous swing high, because if they do they're going to go up to about 665 or lose another dollar a share. So so yeah how much buying volume was on that candle, though, let's see oh, there is decent buying volume on that candle and the smart moving average says that we are actually still bullish. Even with that drop uh. What does trend say, though? Let's see, but i do not like that big cell candle - and this is has been diverging for a little bit there, so we have kind of diverged into that high after that squeeze, but so far the market is still uptrending right.

If you look at that market is still here in an uptrend uh, we went up down broke one minute swing high, pulled back lower high, so there's a battle going on. This is going to be the stop out level um and through this high is going to be the next short squeeze level. If it works um, so yeah i mean it's pretty straightforward. Right up break out fail, breakout, pull back resistance on intraday one dev pull back down, um still creating small higher lows.

Higher lows got to go through this swing high here, you'll squeeze short sellers and that could very well kick start the move up to 670.. You also have red dots on the ttm, so i don't really trust those all that much. But it's supposed to signal that, like a potential squeeze, is an effect or whatever um hold on. I got ta send uh.

I send something here: okay, happy friday, um yeah. So happy happy friday, everybody happy friday, hope, everybody's uh everybody's, doing good. Today is a busy busy day a lot of meetings, a lot of meetings, and i got a meeting with actually masterworks io, which is a new uh and now is a new but uh. It's a company that allows uh the main street public to get invested into art, which usually was only available to the rich, so um, i'm gon na be having a meeting with that might be doing.

Some sort of sponsor thing might be pretty cool, but uh yeah uh, we'll there's more info coming on that soon. So this is a very pinnacle moment for w-i-m-i right. The shorts are like: oh we're about to bang it down right, they're, so close, but if they don't get it, they get squeezed, i'm pretty sure, but again, look at that sell candle there. That's that's kind of the disturbing thing is that 619 000 shares of volume on the sell side, just kind of like no one really likes that good old mick, squeezer magoo or just a little trappy magoo.

Also our long-term targets here line up with our intraday trend. So it's not like we're trying to get wmi to explode to a ridiculous price on the day right, it's pretty normal um. The reason you have the custom volume is sometimes you'll get a buy or beat, but there's really more sellers on a candle. So the objective of the ultimate volume system is to help you differentiate.

Some of that buy and sell strength, um um. Yes, sir, you nailed it. My dude, you nailed it brother. I have a meeting about a meeting about a meeting.

I know a guy. That knows a guy that knows a guy. If you ever need to dump him never mind, can't say that on stream can't say that on his dream, bubba we did kind of cover the spot. I think i need more time myself to really be confident on the market today, so i kind of gave you guys just a little bit of an up in the air, because i really don't know right and everyone, no one really.

You know i i really today is kind of a day where i'm confused myself so um, i don't. I don't really have a great outlook on the market. I probably do have a great outlook on the market. It's probably going to be confusing as and if that happens, i guess my outlook was right.

If it's confusing as then, he was right, great outlook. So no, i think i think you could see a really challenging day even couple days going forward, just because i we're chopping right on the mean at least we've chopped the mean for three days now: we've gone up, we've pulled back, we've gone down, we've pulled up, So it's it's doing the old shindig magu on you. My alarm is stuck in my head now, so there so so ready. Watch though i know this isn't like there might be something else.

Moving in the market. That's fine! You got to be patient and watch things or else you'll never catch anything. Sometimes i didn't want to open that all right. So this is the market on wimi.

The shorts are trying to break down the previous swing lows to create a crash which is pretty much. They have to get below this intraday half deviation see how this you see how this this trend, that little half deviation that dotted line going up is right. There you see if we go left it almost lines up exactly in the bottoms of all these wicks and all these candles. That is the true intraday statistical deviation that lines up with previous support swing lows if break bam.

That's on a one minute chart very minuscule, very fractal trading, see watch market still uptrending market still maintaining above its intraday half deviation price right here and that's also the volume weighted average price. And then you have a 50 ema right there, but it doesn't matter all right aside from that. What else are you getting? You had your gigantic selling volume. That's why i said you got to watch out gigantic selling volume all right.

So if you look at this dip, this dip low volume, low volume higher selling volume, this dip still very low volume right. So we don't really have any significant buyer beat on volume. Yet within this move that kind of suggests that buyers are winning a little bit right now, so you got to be slightly neutral-ish kinda. He ignoring neo and amc, i'm not ignoring neo and amc.

I just look at 16 000 different stocks every single day and i apologize that i did not look at the one that you wanted me to look at so neo, alrighty, good old, mick, nebang, uh yeah long play through 40 70. um yeah pretty much. Let me think more so that was a beautiful long setup. Yeah you're gon na go for 44.94.

It's gon na go to 45 bucks, give or take a dollar or two. Whatever gets close. Give me the credit so yeah up 40ish, i see - or what am i talking it's already at 40.: uh, sorry, 44, 43., um, but yeah. You know i see max not even max.

I just see a next logical volatility move anywhere to 43 35 to 44.. Well, i guess we kind of did that the other day and that's the other thing you can see. We kind of broke that up and hit, but we didn't really hit. We got close so might have been a quick pop pull back suck people.

Limb then run into the 44s 45s. So true, here's the deal if tesla moves good. If the market moves, good neo will go to 44, 43. 45 fact, if the market goes good, if tesla goes good, if neo doesn't get hit with bad news, there's nothing to stop this upwards trend from hitting 43 44 45 okay.

So if any of the other above stated does not happen, market tanks, tesla tanks, everything just gets wiped then yeah, it's probably going to struggle to get to that price, but all things equal, nothing to screw up the trend. Yeah, you probably see neo a little higher. An amc, okay, so amc pretty much the same thing as it was every single day that we've been watching amc since we're watching amc right. The statistical deviations are where the statistical deviations are at so again, uh snap, through 33 amc go to 30.

I think yeah yeah below 30, 34. 35. 30. What am i talking about? No because it's 33 duh yeah below 30, oh 33.78.

Amc goes towards 30., all right, so pretty much. What are you gon na? Do you're gon na watch, amc bearish and it's probably gon na snap, okay, it's not probably but yeah you're gon na. I think you should watch it bearish and then, if it snaps down, then that's a pretty good telltale sign, it's probably going to 30.. So if today, you see amc just get mangled down straight to 33.75 with no hesitation, then i think you just predict it's going to snap this and go to 30..

So i'm going to watch amc short again. I covered yesterday um because i think the market started to kind of rip a little bit and then i just had like freaking eight different open plays and i'm like you know what i can't focus so i'll just take it off. So i took my loss and managed everything else. So amc snap down 33.74, no hesitation on the day, probably going to see much lower on that in a couple days remind you that the market's chopping so we're not even guaranteeing that the market's going to go up.

We might still do a market pullback, we might just be chopping consolidating before we pull back. So, let's say market chops for two days and then pulls back 300 points. Do you think this little setup here on amc is going to hold right if the market dropped? Three 400 points in two days: do you think this little bear flag setup is going to go this way or do you think it's going to go that way, i'll, let you be a judge of that one um amc does not move with the market um. I actually i know that to be false, because i've seen the markets go down and amc trade bearishly.

So i already know that's false, but you are right. Stocks can diverge from the market on different days um, but that's a hundred percent false to a degree, not a hundred percent, like 40 you're you're 50 right. It does diverge in market. I'm 50 right we're equal! Here.

I like you, you like me. I love you. Don't don't give me a thumbs down but yeah if the market goes so let me rephrase it okay. So if the stock market crashed today right, like state of epic crash, do you think amc is going to hold up or is that because that's a crash and that's a different scenario? So now it's tied to the market? Now i have my reasons you have yours, but no, i would say the stock market crashed.

This would crash, which would then mean that amc is definitely tied to the market. So i will say that the psychology of the market does play effect on amc and if it doesn't, then why would i short it if the market's going down so you're already i'm a player in the game and i'm telling if the market goes down i'll, probably Short it, which means i'm selling it, which means the statement's already true, because the market's going down there's a player in the game, that's selling, it short. If there's another person in the game, that's doing that, then you see how it works. So i hope this goes to the moon.

I hope we continue to squeeze. I want to see it go to six million dollars. I am the biggest fan boy aside from matt kors. Let's go baby.

Lcid is popping analysis on met x. I have funds must really love wall street pets, uh yeah. So let me so let me run you through the analysis on amc so that you are aware of everything. It is that i'm potentially seeing though it may not happen right away right now, um.

First, i want to show you this all right, so we want to look at what was like. I keep forgetting all these penny stocks that pumped recently it was only like a day ago but anyways like it doesn't matter, um, we'll just use phu as the example. I think i did this yesterday or maybe it was in my premium room. I talked about it, but you remember how phun spikes up and then to pretty much put it this way: blue purple para level over stocks, pull back to paralevel, okay, cool now, they're, all good on that.

Remember how we were talking about lcid talking about euphoricness anything! You fork always gives back very easily right, ooh, look at that mick rip rip, so yeah, you're gon na see lcid go into probably this zone today, if not like pre-market in about a half smidge of a second okay, so you have bounced from the lower section Moving to the higher section as you get into this price do be slightly skeptical. You might get a little bit of a pullback okay, because these are resistance marks. We did not stop here, because everyone thought 3978 was a good price to stop. We stopped there because we ran into statistical levels that are known as places to potentially sell all right.

So now, if we look at lcid yesterday, i believe that at this moment in time, everything up here was a little euphoric, a little bit of a short squeeze. Like not true trading action right, it was like just people getting banged out of in a short squeeze. Hence why it reverted back so quickly to the level to go. Is this legit? Are we really trying to go to 40, or is this just some false break short squeeze? That really was too euphoric, so we pull back and hold so far.

The market's like yeah, we we kind of like it and it's working does not mean that it won't come back down. Look at p-h-u-m, p-h-u-n all right doesn't matter the news. I don't care. It goes over the para levels: guess what? Where does it go back down to the para level? Okay, so because everything's squeezed up over this level, it's like, is this really legit, or is this just a euphoric market? Let's revert it back down and, let's see, does everyone still want to buy it and keep it going, if not probably just a euphoric pump for the time being? Now we look at amc when we look at amc - and we go back to this moment in time - is everything over here just a little euphoric, or is this 100 legit, and we truly believe that this is the real value and it's supposed to go up.

If not, do we revert back below the swing lows to the prices that are somewhat more realistic and not euphoric, like maybe amc valued somewhere around 15 to 20 dollars a share to me? That seems pretty realistic, rather than six thousand dollars a share. But that's just me. I hope it goes to six thousand dollars a share because that's six thousand, if it doesn't well, then i only get to short, maybe 20 30 bucks down yeah. I would like a six thousand dollar run, because then you make more money going up as opposed to this.

Potentially thirty dollar twenty dollar swing, low breakdown, so i'll, let you be the judge of it um for what it's worth all right. In my opinion, what you saw here this was a bear trap squeeze up and i even got played a little bit on us. We still traded it okay and this was a bull trap, all right, and so we swing down and now we're going to take this swing low out and we're going to run down to that swing low. I think i could be wrong.

We'll see. Time will tell time will tell lucid will fly at open bet. I really hope it does we'll be watching just a little bit also something else you should pay attention to on lucid that i didn't mention lcid is it's just uh? Maybe this like gigantic gap, maybe possibly yeah. I think you should still watch it long, because i mean just look at the gap and because lucid's cars are sick, they're way cooler than tesla, i got ta say, and i've only seen one tesla's like a tesla car.

Nowadays is like you still wearing heelies: okay, nobody wears heelies, okay, if you're still wearing heelies, it's kind of like you drive a tesla all right. You need to get yourself into a lucid all right. That's that's the deal! Why? Because they're just cooler - i don't know, that's it. So if you drive a tesla, you kind of drive a healy.

I know you thought you were cool, but those are becoming outdated kid. You need to step your game up to loosen. Okay, we need another stock to go up to like six million dollars or six thousand dollars a share. Okay, we miss tesla.

We need to loosen so if we all just come to agreement that tesla's our healies, i think lucid will overpower, but no seriously the lucid cars are pretty cool. Oh yeah tyler ramirez yeah, no one, no one's catching up the test, so those are all jokes for sure. 100. I mean people will catch up eventually, but you're right i mean in terms of like catching up catching up, probably alrighty.

So we have m w-i-m-i, still just pretty much trading flat and sideways. We are almost breaking down a previous swing, low, we'll see if we'll see if shorts win the battle, yeah guys really tesla cars are better, though i just think the lucid car looks cooler.