Welcome back, ladies and gentlemen, to another episode of let's talk, kittens and puppies with a side of tendees. I know it's a first of its kind. What do you think? Let me know we're gon na talk, kittens and puppies today, nah just kidding, i figured i'd just make a random title because who really cares and we'll just see if anybody happens to click it? Because it's just a funny title, i got ta say so: anyways there's no kittens there's no puppies, but if you want, i could show you a picture of my dog. Let's do that he is a puppy.

So therefore, the youtube algorithm will actually see that i'm talking about kittens in a puppy and then showing a picture of a puppy. So it's truly a legitimate title and uh it's not really clickbait. So let's get that little cute pupper magoo in here ready. Are you ready? Where are you at bud there? He is boom.

That's him! That's cody, polithrone he's a savage okay, don't mess with them all right now that we have uh concluded our kitten puppy talk now, let's jump into some real analysis. Ladies and gentlemen. Fun stuff, fun, stuff, all right. So, as you guys know, we've been we've been talking about bitcoin and ethereum for like the past couple days and obviously why wouldn't you they crashed, so it's a huge value buying opportunity for anybody.

That's been waiting to buy some for a long time, huge trading opportunity. If anybody likes to trade them, i generally do not treat options very often bryce, so anyways, bitcoin, ethereum we've been long them. We can talk about them a little bit if you guys would like to let me know in the comment section below, but i just posted a video this morning that goes over bitcoin in ethereum, so you could pretty much just go. Watch that it's like seven minutes.

Maybe eight minutes or whatever pretty much covers bitcoin ethereum um everything that we think is gon na happen with them. So if you guys would like, of course, i will cover those um, but otherwise we will go. Take a peek at amc and gamestop for right now. Um, so these are two stocks that we've been following.

You guys know i've been extremely short, biased, pretty much up until this point and we started to squeeze um and then we were kind of bearish it once again, so we'll kind of run through what we could be looking at here. So if we take a step back and look at the daily chart, it's we're doing this long term kind of flag pattern. That's what that's what's ending up happening here! We kind of have this long-term pennant. That's ended up taking place, so we kind of broke out there, and then it did a little break here and now it's something like you know something like this.

So right now we're kind of doing this long-term pennant, where price action on amc is traded down trade. It up trade, sideways trade, back up trade back down and eventually we're probably going to go towards this end of this wedge, eventually uh and then a decision is going to be made whether up, uh or down so right. Now, what we'll do is kind of give you the extremes on amc, so an extreme would be above 1850, so above 1850 on amc right now would be an extreme where you'd want to take advantage of the selling price there all right, but for the immediate we Have price support at the nine-day moving average and we have price support off the one deviation, which is at 12, 29. Okay and then the four hour says that we have half deviation resistance right here.

Wait where did that other line go? Did it not didn't populate? Must not have there, we go yes there. So the way it would look is down here. This is your support trend and up here is your resistance trend right. So let's go back.

Look at the daily chart. Look how we got that line. You see the yellow trend line, that is the plus one deviation on the daily chart. You can see exactly where the price had come down the past couple days and then it jumped up to a high yesterday of uh 12 29 and then this morning pre-market.

It went to a high of about 12, wait, did i say 12 or 13 bucks almost or wait. No 1290 is where it went high a day. Yesterday, amc and then uh pre-market today hit a high like 1285 or something and then that mark the 1280s, the resistances that comes from the uh four hour - half deviation price point. I hope you guys are following along okay.

I know there's a lot of prices and a lot of trends, a lot of points, but i try to make it as clear as possible um. I i don't think there is quite anybody on youtube, giving as much detail to these moves as to why they stop. Here why they go here where the break points are at so for now, if you're going to belong by samc, this is a pre-market, high, breakout scenario. The reason it's a pre-market, high breakout scenario today is because well, if i do this correctly, it's because we stopped at the regression chart or sorry.

The four hour chart half deviation price okay. So since the price has gone up to the half, deviation pre-market and it stopped there, the market is truly respecting a statistical level. So, as we shift through 1285, we could see a pop on amc all right. So if you're going to be long, amc really you're going to want to be looking to get long through the 1287..

Currently, the way the market is set up on amc is a breakthrough that pre-market high gives you room up to the price of 1310., so maybe like a it's really like a 20 20 to 30 cent trade potential from the pre-market high breakout level back to 1310. On the day, which would also put you just above yesterday's highs, so you probably have resistance somewhere at 13 10 for right now, so market opens amc. Breaks out over pre-market high goes on a run, you'd probably go to somewhere around 1310 and then see resistance there. Okay, what's my camera, so i use a sony.

A6. I have a sony a6 that i use as a camera, so the camera is connected. Um yeah! I could actually take a picture of that. I'm not gon na do that, but anyways.

The camera is connected to a mini hdmi that plugs into hold on this. So this is an older one. I have, or is this the new one? I don't know they look the same, but this is what oh you can't even really. I guess you can see that so this is a cam link.

It's an elgato cam link, so this was obviously meant, probably more so for like gaming and stuff, but um. If you plug this in to your computer and then you take a regular size, hdmi cord plug it in and convert that into a mini hdmi and plug it into a dslr camera, then you no longer have to use something like this. So this is just a regular hd webcam all right. So if you want to upgrade your setup so that the video quality is a little better, you can get one of these and then you could use a higher end.

Camera like a sony. A6. Do the little configuration with the mini hdmi cord plug it to the back of the computer and now you're able to run a dslr camera through streaming services like obs and all other sorts of sorts of stuff? So that's kind of how the camera is set up. Okay, um, what kind of moving average is using? I am using uh normal moving averages.

I use 9 moving average 50 moving average 50 moving average 100 moving average and 200 moving averages, so those are all uh. The most common moving averages that i use. Okay. So we're pretty set on amc now we'll go.

Take a peek at gamestop like i said, we're only going to run the stream to about nine o'clock, so at 8 45 i'm gon na stop talking for a second and then you guys can. Let me know any stocks you want me to take a look at and so on so forth. So amc uh not emc, sorry gamestop, let's take a peek so for those of you that follow the stream and follow the channel - and let me zoom this in because my face is just too darn beautiful for you not to look at how's it going. So we have uh gamestop right.

If you guys remember from the other day i had mentioned, gamestop's move should go to where the regression trend so and that regression trend was at a price of 191. At the time we had a price of 189, so we were two dollars off the price target for gamestop and then it pulled back so where we said to start shorting around the 190s. We got to 180 and then it pulled back. So the way that this is currently set up would be daily.

Chart has support down at 150 resistance here 196. come on. This is just never wants to work. Oh, it's because i'm on the wrong drawing tool figures boom boom, so resistance marks are still going to be so resistance right now, gamestop is going to be at 194 to pretty much 196 and your current dip support and trend would go all the way down to 158., so i right now, i'm pretty neutral on uh on gamestop until it actually starts to make a move.

So if we start to really jump up and it looks strong, then we could look to maybe trade game stock back to the 195 to 196.. If, in the event, the bulls are strong enough to get the market on gamestop back up to 194 196 and through it, that's where you're gon na get your big breakout, so everybody who's been following amc: the attendees, the diamond hands, the 32 million people streaming on Youtube these days, talking about amc and short float this and cover ratio that um pretty much they're gon na get their pay out. If they can successfully drive the price through call it 200 200 to safe play. If you can get the price through, 200 you're gon na see um a breakout, and let me explain this a little differently.

How about we do this? We're gon na go to my chart and we are going to where the hell is it at uh there we go we're going to remove we're going to remove my study all right. So we're going to do this, so we're going to take my study off the chart so that my strategy, everything i use, we're going to take it completely off the chart and then we're going to put it back on the chart and that might be the light Bulb that kind of kind of shifts for you. So if we were to do analysis here on you know this, we would go okay, we got up to here. We got up to here.

We got up here, so this is resistance right. So we go that's resistance. So if we can get through the resistance, we can get a breakout right like that's the way the market would look at this okay and they would say you know the support dropped to here. Support drop to here.

So this is so as we get through this. We can break down totally viable 100 true, but watch what happens right watch what happens when we put my strategy on the chart and it's not my strategy, someone else created it. It's been around for a while, but i just use it right. So now let's go back and let's add the strategy, oh that's not it wow hold on.

I forgot the name of it because it's kind of abbreviated it is there we go. Why isn't it pulling up? That's so odd there. It is okay, now look at what is right on that red line, so remember like: if we get the resistance, then it can pop you notice that that resistance comes in pretty much exactly where those deviation trends are that we were just talking about. Look at that.

So it's not necessarily the previous price action levels you got to get through it's. The statistical deviation you have to get through. The statistical deviation is what creates the tops. It's, what creates the bottoms the tops and the bottoms become resistance, and so hopefully that was uh.

Hopefully, that kind of sparked some interest, maybe put a light bulb on there for you to show you where people would normally look to find resistance by looking at a chart in previous price action, then applying our strategy to come to find that price point that we Already marked exactly lines up with the the deviations real quickly. There is a stock, that's running on the scanner right now, maybe well yeah. That kind of just started moving perfect example. Okay, you remember how i just said that if gamestop gets through this trend here at like 190, that's where the big explosive move can happen.

The reason is is because that's the regression level, so that's where the big explosive move happens, ready watch what watches what watch what's happening on this stock right now and a-n-v-s, look at it's having a very explosive move and where is it going through? It's going through the four-hour regression level the mean breaks through the mean big moves happen. Okay, so that's the same thing that i'm talking about with gamestop. If gamestop can actually get up through the statistical mean, you can have an explosive move, same thing, you're, seeing right now with amvx granted, there's probably a reason as to why it's moving so aggressively. But one of the components for sure is the fact that we have shifted the momentum through the statistical average today pre-market and if we go and actually put a line here.

So if we make a reference point at 3255 and we go look at the chart at 3255 - that's going to be the price point where it really starts to pick up okay, so we go up up and then look where the volume spikes start to happen. Okay, let's pull this up, look at where all the volume spikes start to happen right as we're getting to that red line, which is that regression level that trend level so as we push up get to the mean start to break through volume, spike boom, all right And then you can see what happened? Is we pushed up over pulled back to it? Supported ran um, so hopefully that's all making sense and you guys are enjoying that all right so done talking on my socks, we're going to take a look at what you guys are uh sound quality, i'm just using a yeti mic which really isn't that great. Well, no, it's a great mic, but my table is all solid wood, so there tends to be an echo, so i really got ta just get a pad and lay it down and that's gon na help. I've been saying that for a while just haven't done it all right.

So let's take a look at u-o-n-e, that's a good one! U-O-N-E is uh. Well, it looks like my title: didn't get as much popularity as i thought it might, but that's cool because because youtube hardly ever really pumps our streams that much but that's cool. It's all good i'd rather go watch someone else, um, so yeah u-o-n-e. It's kind of a funky setup i earlier this morning before i got online to youtube.

I recommended that you should be short, biased, uani, and that was a recommendation to our trading group um. I was saying that you should probably be short, biased une with a breakdown price at 9.57, targeting as low as about 870 to 860s to 50.. So pretty much une was for me bearish down to about 850 today and i'll explain why? How and we came up with all these prices? Okay, so if we look at the daily chart, uh the daily chart had broken through a resistance mark here at 878 880. So that's why i'm getting 878 to eight? Oh, maybe i did that a little wrong earlier.

I marked it wrong, so the target on the move down right now for uh for uo and e is back to 870 and we're only going to see more negative selling pressure on une if we can go through 878. Okay. So that's that, then we go to the four hour chart. If you look at the four hour charts um.

The four hour chart has three deviation at 869., so this is overbought and it's pulling back and it's most likely going to pull back down to a recognizable level of support, which would be the daily chart deviation, or this four-hour chart deviation, which all come into prices Of about 880 to 870. there's also something in here that i'm not going to mention. Well, i will it's called a four hour deviation. It comes into play here at the price of 857..

That's why we're kind of snapping right there um! So, nonetheless, if you want to be on uani, i think it's going to drop down to about the 870s before trying to bounce and if i'm wrong, then you can only really be long biased if the price starts to get back up and through 9.57. So 957, is your current uh should be your current resistance right now, um yeah 957 is going to be your current current resistance, you're going to want to pay attention to for a break back up uh, but for now i'm saying down to the 870s 860s area. Okay, all right metx is the next one on the list. Yes, these are blue light blocking glasses, they're called gunner.

I was just at uh. Wait, oh wait! I know. Maybe so could you do it? Oh so freaking close yeah, i don't know if you can read that, but it's called gunner. I was at best buy one day, and so i'm like man, why not so just picked them off the shelf and bought them, and i just been wearing them ever since um.

I think it helps. I really can't tell i think it does, though m-e-t-x so m-e-t-x. This is a stock that jumped this morning. Volume actually has pretty decent volume.

I was going to say: the volume is not that great, but it more or less looks like it's a really high float stock. So, that's probably why it's not going to move all that much so, let's see oh finvis boom, let's go ah floats really not that bad either. So just a quick peek here at finviz you have a 62 million outstanding sheriff. 62 million outstanding shares and 13 million share float short floats 11, which really isn't all that high uh.

But you have a lot of a lot of dilution that can happen at the stock, because there's 62 million outstanding shares floats 13 million. So it's a low float for sure um. It's been down trending for a long time, though, so that's your kind of your downside, i mean yeah. It's naturally been down down trending right now.

I would not expect the stock to go over 2.56 cents so 2.56. For me would be the max. This thing is going to reach on the day and i don't even think that's going to happen myself. Let's just double check the news huh.

Those are some really good numbers, though: education, app gross billing for junior english language teaching up 19 or 1900 year-over-year with student enrollment up 750 year-over-year. Then again, i don't know how much of that makes up their business um, so overall numbers from a perspective. It's actually pretty solid, so yeah i mean it's good news. I myself feel like this isn't going to amount to a whole lot.

The range right now isn't really big. The intraday level is only up to 173, so profit potential from where you're currently at to where it could go, is really only like 10 15 cents right now. So this, for me, is going to be a probably a no-go for at least now, until throughout the day it progresses and the intraday trend gets higher, creating for a better profit potential. So right now i don't like it.

But later in the day, we could see metx progress in a manner that allows for the intraday trend to get higher, which therefore creates a potential for more profit. So for now i i don't really not a big fan of this one life life is moving today. Huh life is on sort of a little move: yeah, it is low volume one. So this is something that i won't trade just because it doesn't meet kind of the uh rules of my trading, but this has been trending pretty solid uh over the past couple days.

You're right back at the regression trend. So, theoretically you are at resistance, you're at resistance breakout, but you have to treat it more of a resistance at first go around. So i'd say that uh life just made it back to short-term resistance and we would be more likely to see a slight pullback here. That's my outlook.

Um yeah 180 days is a different calculation in 360 days. How low will ride go ride pretty much so um? Our recommend not really a recommendation, but one of our trades from the other day um. I wasn't trading yesterday. It wasn't online, but uh.

One of our our trades was so so ready watch what happens when we go to the daily charts. Let me put it this way. The other day we had shorted um intraday. I think we did two short plays on this.

If i can remember correctly, but our short place started here, we got short at the prices of about 11.60 um. This was on uh wednesday, wednesday wednesday. We took short positions here and traded it down. I didn't hold it for a swing trade then doing that and you can see it ended up tanking.

So how did we determine that? We should short here at the top right and how do we even pick the top to begin with watch what happens when we change this to one year, one day, where's that yellow line right there and at the time it was actually up here. So it's dropped down a little bit, but that's how so effectively ride in its downtrend did its counter trend? Bounce for four days ran into deviation resistance. We shorted it pulled back we're near the nine moving average. If we go to the four rower you're going to see it's right on support, so if you go to the four hour, what's there, you see that little deviation in there halfway deviation, that's currently stopping the price of ride from going down.

So in the immediate we're, probably not going to see a ride, go much lower right now, it'll probably do a slight little bounce and then, if it's going to go lower, it's got to roll down. So right now pretty much. The breakdown point of this move is through uh 885.. I'm not gon na trade for a breakdown.

I'm not even trying to bounce this at support. I really don't care um, but yeah. I think right now, you've pulled back enough to the point where it's gon na start to slow down on dropping uh, but you need to support at 887 right now on a ride for sure matthew. 100.

100. You know i don't. I don't know like like. Maybe my maybe my videos are just trash, i don't know like you know.

I just always thought, when you admit like i feel, like put it like, go in my perspective right, you make videos all the time, make videos all the time and you, like you, post a video like you post, a video, the same day, bitcoin crashes and you Pretty much say the exact price you should buy at and where it's going to go, you know and like here like on ride, you know it's like i don't know. I think it's kind of mind-blowing like this, like you know, we're like we went short, i'm showing you the daily chart, i'm showing you exactly how you find the top right. Like there's no questions. There's zero questions asked there isn't isn't gon na stop here.

Is it no, it's gon na go there. It's gon na reject right. So i, like i'm literally showing you exactly how you find the top of a market and short it to the penny, and then i'm showing you exactly how you find the bottom of a market. You know to the penny with these statistical lines and it's like you'd think you know there'd be more interest in the videos but uh, maybe not i don't know so bucket.

Who gives a i'm happy, but it does it does make. You wonder does make you wonder so yeah so again, michael so, for example, if you come across, you know, pre-market doesn't matter after hours daily chart level resistance that resistances. Yes, those levels update as the market opens, so you can only do your you get your best representation of where it's going to be. So, if i take the daily chart level pre-market high 15 bucks market opens daily.

Chart level goes to 15.50, then 15.50 is theoretically the resistance right, but you can only get so close until the market opens to readjust your prices, so you're, just basically going off of what can be the closest thing at the time now the four-hour chart gives you Very accurate levels, pre-market and after hours, because the four-hour chart calculates consistently because there's no stoppage or anything like that. So you know that's just it, but when the market does open you're going to want to try your best to re-update those uh prices, v-app holds when shorting. Where do you look to lock in profits uh when you've reached your statistic? Well, when you've reached your support level or where you think the move is going to go to, i lock in profits that i know it sounds cliche and dumb as but really that's. That's it right.

If you take a position, you lock in profits when you think this move should stop or you've reached your price targets, you've determined how you determine those whatever how you determine them. There's 26 million thousand videos on youtube. That'll show you i'd recommend starting with mine. First, all right, all right, yeah, that's all we got for you guys today, it's nine o'clock got ta head out, appreciate you guys, tuning in uh, make sure you uh tickle the thumbs up button, because that's the only way youtube helps you apparently so with that being Said i'll see you guys on the next video everybody take care have a great rest of your day and that's all there is until next time.