Really? Right in front of my week market? — Jackie Le' Tits — Video Wiki
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Full transcript (22,451 words) — every glorious word
0:09[music] Patience might might just be for [ __ ] at [music] this stage. What did he say? I'm investing because of Ryan [ __ ] Cohen. >> [music] >> This guy has proven every step of the way that he's fighting for us >> while [music] tun these [music] toes are tapping. Yeah, those be smooth. Buckle up [ __ ] I'm already [music] >> Ryan is working hard to [music] grow his business. But the number one thing at this stage now is belief and [music] conviction. >> See what happens. All [snorts] the shacking [music] bunch of haters think he's capping [music] helage like a kid. But soon [music] those short cheeks will be clapping. Guess we'll see what happens. [music] Yeah, [music] see what happened. I want to make myself clear here. I may not have been trading for as long as some of these other people, but I can confidently say that there [music] is nothing that I believe in more. Nor is there anything that [music] I think presents as much of an opportunity as [music] GameStop currently does. The [music] reason I say that is because I see a vision that is being put forth by Ry. That vision to me is showing a very clear model to [music] pivot GameStop's business entirely away from what it's doing right now. >> [music] >> RC has a very clear plan [music] and path going forward. He wants this to be a gigantic e-commerce powerhouse. [music] This is a stock that is trading at unbelievable value. It's not something [music] I have to think about. I don't have to go look at the PE ratio. I don't got to look at the price. No, I I know value right here. I'm I know I'm good in my slapping. I hold myself. >> If the market or the algorithms [music] or the short sellers or the arbitrators decide to [ __ ] send it lower, then [music] so be it. But at the end, I'll just buy more. >> [ __ ] [music] is going to hit the [ __ ] fan. And everyone else is going to miss it except for you guys because you are [music] the only ones willing to watch this pile of [ __ ] over the last several years. That's why you're going to make it. All right. [screaming] >>
3:46Yeah. A [music] heat. [music] >> [music] >> B. teach you about the KDJ trade [music] like so follow [music] the snap elastic bouncing off the wall [music] traders assemble [music] sharks in the world's king giving signals to twirl from stochastic [music] roots it triples the fun leads the charge Watch these moves the run [music] J's the wild card crashing the gate gate n highs and lows at the rate break close minus low the overrange [music] so grand times 100% case move with a hand per [music] the spark 3kus 2 light in the Hey Jackie. Hey Jackie. Blazing bright [music] alarm. >> In the name of the ticker, the float, and the holy short squeeze. >> [music] >> We were lost in the dark. Edges laughing and sing. Paper hands folding early diamond. [music] Conviction growing thin. But then came the gospel [music] etched in green and red lines. A number descended from [music] heaven. 229. [singing] >> Oh Lord, [music] Lord 2295. Thou art the savior, the pivot the way. [music] >> Resist to tremble before thee. >> We beg thee, don't stay. Send us to Tandy Town. Rocket [music] emoji ring. Break every ceiling. Shatter the chain 2295. [music] >> Hallow be thy name. We ain't selling, we're praying. Light the moon flame. holding us [music] higher >> through deep and through Lord 2295. [music] You're the lamb and the blood. [music] >> [music] >> Oh yeah. The swords marked our altar. [music] Called our faith a mean dream. But we kneel at the candlestick. Hear the [music] faithful scream. No resistance lordy Lord. Let not thy wall [music] stand tall the sale orders like Moses. Answer our holy call. [music] >> Now the savior the pivot the way we >> don't be resistance [music] today. Send us to 10 town champagne on the [music] moon. Infinite DRS, infinite tune. [music] 2295 alpha and mega g. We [music] cast out the best in thy holy name. Ive all >> can't wait to quit my life. [music] No gang gang gang gang. >> Through the pain [music] gang all these games. >> I deserve all these >> games. The [music and singing] pain. I deserve all these games. >> Gametop. [music] I waited for a minute then I just press the buy. I loaded up [singing and music] on warrants G and me until I
9:13die. I started up with 40 and we doubled it with Jimmy. Made a song about my warrants and we're silling [music] with my 50 lately. All my cars are drowning but thank God I bought more time. [music] One day we going [singing] to wake up to some candles. One day we going to wake up to some candles. When they going to take her [music] to the moon, bro, I don't know. I'm just [ __ ] holding on to this [ __ ] till it [music] blows. Till we shoot up on my till they free us over soul. Till we see that moonlight. Till my [music] count is overflow. Till my headache goes away. Every day for my bully boys, my boys [music] [singing] [music] through the pain. I deserve all these games for my bully [music and singing] boys. >> [music] >> I can't wait to put my mouth. [music] away [music] from your sleep and dry off your tears. Today we escape. We escape. [music] Boy, why [screaming] [music] for sure it's too and cry their assault to tears. [music] Today we escape [music] games. [music] Soon when the trade is done n and we [music] take our games today. We escape. >> We escape. We escape games. down [music] from your sleep and dry off your tears. We [music] escape. We escape. We [music] escape. We escape. These are the moments that you will look back on. [music] And >> what do we hate? >> NEGATIVE PREMIUM. >> WHAT do we [music] want? >> Positive premium. [music] OW. >> We want positive premium. We want positive premium. DR. [music] We want positive premium. Positive premium. Pause. Pause. Pause. Pause. Pause. Pause. [music] Higher. Higher. Higher. Fire. >> Hands in the air. We're almost there. [music] >> What do we want? [music] What do we want? >> Say louder. When do we want it now? [music] Positive. [music] >> We're about to break out to the moon. [music] >> [music] >> What do we want? [music] WHAT DO WE WANT? >> [music] >> Radio [music] back to the light. Rise from the darkness. [music] >> Bang. Rise together. We the best. >> Yo yo yo. Scream's green. Let's get it lit. Get it lit. It's your boy Jackie tips. Swipe up G and me. Moon in quick. Always jack to the tit. Never [music]
16:13on fire. Levels getting hit by pull up locking [music] miss. Jack. We >> always TO THE TITS. YEAH, LET'S TRADE, BABY. [screaming] GO. What do we want? Positive premium. Good. Wait. Good. Wait. Good morning everybody. It's great to see the names. It's great to see the faces here within the chat box this morning. The day is just getting started. The morning is early. The crust is still in my eyes. But I know when my eyes do not deceive me. And I know that when I wake up and I see GME isn't red, it's a good day. But it becomes a great day when I get to see it be green. [snorts] Awesome. It's great to see all of the names. It's great to see all of the faces here within the chat box this morning. So, this morning, obviously, we have GME making a a little bit of a push here. So, I say a little bit of a push because it tagged 19 and then just came backwards like 10 cents. And so it's really only up 10 cents. So we're not getting like too high. We're not getting too low, you know? We're just kind of we're like we're vibe trading right now, you know. We're just sort of it's like the the the vibes are wavy, you know? The vibes are wavy. So right now there's a lot of motion in the ocean and I'm just, you know, looking at the chart and what Listen, I don't even know what I'm saying right now. I'm just so excited that the stock isn't [ __ ] red that I don't even know what to do with my hands at this stage. So, uh I thought what we would do here this morning to kind of uh get us started is going to be to focus on GME and go through some of the uh the macro things that we have continued to pay attention to such as the moving averages, the Ballinger bands, RSI, etc., etc. So, uh, we'll spend a little bit of time, uh, well, not a little bit of time, we'll spend a whole chunk of time today, uh, going over our expectations with regards to, uh, with regards to GME. All right. Uh, just to get us started off here this morning, I thought we would just quickly run
19:33through a couple of things. Unity tagged a new low since our entry. Hooray. Chewy is still trying to once again build another higher low. Please AMC is still still still attempting to break out of whatever the [ __ ] this is. Okay, so we don't really there's not a lot to say there for AMC. It's still holding. It just it still hasn't filled that 15minute indicator signal. So I'm still kind of bummed out about that. But that candle is starting to get a little bit more aggressive. So, [ __ ] you. Indicator signal. [ __ ] you. [ __ ] you, man. So, hopefully that thing can just keep going. GoPro just having a a a a pullback into its daily Ballinger band. So, it's a long way outside like like a long way. So, don't be surprised if you see um GoPro like have some hesitation and have some consolidation. It's not the worst thing in the world. You could even argue that maybe it's going to try and bull flag out. So, be patient with GoPro. It still looks fine, right? It's just uh it's just having a retracement because it had so many hard days that it just went up up up too fast, too hard. So, it needs to retrace. Okay. eBay still holding steady since the big harmonic garlic completed. We're still waiting for the daily RSI to break center. Do it, you bastard. Break the center, you bastard. Wendy's still trying to break that golden cross, golden pocket. [ __ ] [sighs] it has a beautiful bounce off of the golden cross. It just now it's got to break 850. You got to break 850. Come on, man. All right, so that's what we got going on there for Wendy's. YSS, I [ __ ] hate you. I hate you. Pizza, I [snorts] hate you. >> [gasps] >> So, pizza is still holding support. It's still bullishly divergent. So, it's not the end of the world, but I'm really disappointed that it hasn't done anything. It doesn't help that Spy has been a gigantic [ __ ] turd. So, wake up. It's time to wake the [ __ ] you know. So that's what I'm I'm feeling a strong to light wake the [ __ ] up for pizza. Okay. I'm feeling a strong to light wake the [
22:27__ ] up for pizza. Okay. Um bark. Bark. We're still waiting for sound of one day on Papa John's. Those are the Ballinger bands on Papa John's. Really? And now you're just broken. You're not loading. Okay, good. Good. I didn't want you to load anyways, idiot. Sorry, folks. I just saw the Ballinger bands on the daily for pizza. Look at this. I I I didn't even notice this. Look at this. What in the sweet [ __ ] is this? Okay, you have to load. You have to. No, but you literally have to. I asked you nicely. Do you think if I switch time frames it'll work, chat? Yeah, there we go. Then if I do this, it would not work. It doesn't want me to look at the daily. You guys are witnessing it in real time. It doesn't want me to look at the daily. It lets me look at the two-day. It lets me look at the 4 hour. But the daily, [ __ ] you, pal. That's that's what Trading View has to say to me this morning. It says, "Fuck you, pal. You ain't getting no look at the daily. You can look at the weekly. You can look at the 2-day. You can look at the 4 hour. You can even look at the hourly. But the daily. [ __ ] you, buddy. Hey. Whoa. Relax. I didn't even do anything. Yeah. Well, [ __ ] you, bud. Whoa. Okay. See if I can use GME's chart or see if it'll cuck me again. Let's see. Pizza. Okay. Trading View doesn't like pizza's chart. We have determined that. Trading View doesn't like pizza's chart. Matter of fact, now it's just cooked. The whole thing is just cooked. Why? Why is it doing this? You know what we're going to do? We're probably just going to close all of these and then we're just going to open up new ones. That was annoying. Why is it doing that? [sighs] Trading View has been a nightmare all week if I'm being completely honest. It's It's actually been a nightmare all week. So, will it give me pizza on the daily? Yes. Look at that, folks. We did it. We've We finally did it. We finally accomplished mission impossible. So there you go. Uh mission impossible finally achieved. We got the daily now
24:53on pizza where I can finally show you the Ballinger bands. What I noticed. Look at that. That's pretty crazy. Hey, those. So I'm definitely not going to sell or do anything with pizza. I'm just going to chill out cuz Yeah, that's really crazy. Look at that Ballinger band squeeze. Look at your uh look at your screens, guys. Look at this. Look look look at the look at the Ballinger bands. Look how tight they are. And then look at you hit the bottom of the lower Ballinger band. I mean, that's that's really interesting, especially as you're potentially bullishly divergent. H uh I better write that down. Okay. Pizza daily ballinger bands. Pizza daily BBs tight. I even put an exclamation mark so that I could know. So that's pizza. Uh GoPro just flipped green. GME. Come on. Come on. Come on, you can do it, little guy. You can do it, Jimmy. You can do it. Put your back into it. Then we've got AMC making a move. So AMC making a little bit of a paparino. So we're going to get rid of the Ballinger bands. Just have the moving averages on there. Uh yeah. Yeah. AMC. Nice. Nice little pat. Nice little pat there on AMC. So, uh, 4 and a4%. Uh, GoPro 3%. GME almost back at 19. Come on. Come on. It's almost there, folks. RSI on the five minute for G. So, I'm Listen, I'm going to transition to GME here in just a second. I just wanted to quickly run through some of the things that we have been talking about so that you guys didn't feel like, "Oh my god, Jackie's ignoring them because he hates us and he's losing on those trades and it's his fault he hates us." No, I don't. No, I don't. No, I don't. No, I don't. No, I don't. No, I don't. No, I don't. No. It's just I just We're all so excited about what's happening right here, you know? you know, and uh I know that it's only 17 pennies. I know that it's only 1%. But for some reason, I'm like a crackhead, you know? For some reason, I'm like a crackhead. And for some reason I just GME I'm like I I see everything else and I'm like yeah that's cool but what about GME? Then they're like Jackie
27:50what about that awesome trade? And I'm like yeah but what about GME? And they're like yeah but what about I'm like yeah but what about GME? And I'm like ejected. Not ejected. inject cuz I I just I can't help but watch this thing in the macro every day and not start to feel I said not start to feel some type of way about what is transpiring on the stock Stock, stock, stock, stock. I heard that if the chat box types GME enough times, I heard Jackie is going to start doing some really important technical analysis. That's that's what I heard. And I heard that he would only spend the time talking about GME. That's that's what I heard. But I heard you really have to spam it. Like if you really re if you really really really if you if you could if if you could be a you you can you you if you you you can be any you look at that. Look at that. Look at all those GMEs. Hey, look at us. Hey, look at us. There's the Grillicious with the 20 maple bucks. Says, "Have a coffee and some beef ram." Legend. Legend. Griticious with the 20 maple bucks. Legend. And Leno. Lento with the 26. Just spam spam spam. Jab jam jab jab jab jam. Okay, you did it. You did it. you successfully pushed me enough to talk about GME. But before I touch on GME, I would like to touch on GameStop's warrants. We have a warrant. That'll be the intro. That'll be what I scream every time that we talk about the warrants. We have a warrior. Guys, I present to you exhibit a coincidence, if you would say. Now, I don't do fractals. I I don't trade fractals. I don't make bets on fractals. I'm just showing you something that I'm noticing on the chart that from a technical perspective has really, really, really caught my attention. One of the things that I teach you guys with regards to these streams and in the Discords is that 95% of all price action stays in between the Ballinger bands. So, one of the things that we heavily focus here on these streams and in the Discord is when we have stocks, for example, like Unity that have three weekly candles that go outside of the weekly
31:51Ballinger bands, we go, "Hey, you know what? That's probably a clean setup for a mean reversion trade or to at least pull back into the Ballinger bands." And that's what we saw have happen. Now, with regards to GameStop's warrants, there's something interesting happening. There's something very interesting happening. We watched as the warrants had this gigantic move. And when it had that gigantic move, we spoke about taking a bit of profits and then looking for it to consolidate back inside of it before making the next wave up. Now, as it's done that, GME new high of the day. GME new high of the day. Warning, warning, warning, GME new high of the day, warning, warning, GME new high of the day, warning. And as we waited for price action to come back inside of the Ballinger bands, we saw inside bar and then outside the band still and then inside bar and then so far here this morning, an inside bar that's printing us back inside of those Ballinger bands. I looked at this over the last few days and I said, "Hey, that's really strange because number one, technical analysis continues to rain supreme as we watch the warrants do nothing for the last four days to get back inside those Ballinger bands. But then I said to myself, you know what? That's really strange how similar this pop on the warrants from its low down here looked to GME in April and May of 2024. And I noticed this because I was going, "Hey, look at this." Right? We popped outside of the Ballinger bands on the daily one, two. When we got the two days outside after the first big wave, it was consolidate, consolidate back inside and then we popped up back inside and then cat tweet all hell breaks loose. Then I look at the warrants and I'm like, "Okay, hold up a second. You You just ripped off of the low. ripped through the Ballinger band on a 70% day. One, two, three, four candles to get back inside. [sighs] Now, what has really caught my attention is not a fractal. This [laughter] is an inside bar. Ugapa high, uga low. Price action is inside of it. Now, what's getting even crazier is we now have an inside bar. inside of an inside bar. That's inside an inside bar. Now,
35:35for those of you that are confused, first candle, right? Big one here. Price action inside. That's an inside bar. Then it prints this big one. That's nothing. Then there's this, which is inside of this candle. And then this one inside of this one. What the [ __ ] is that? A triple inside bar. Oh my god. It's a triple inside bar. Oh my god. This is amazing. It's a triple inside bar. [laughter] Holy cow. You never You've never seen anything so beautiful. And I I I I I listen, I'm not doing this as a fractal. I want to show you this because this is what compression, this is what real consolidation looks like following a fantastic move up. Look, inside bar, upper ouga, lowera, inside bar, upper boouga, lower boouga, inside bar, upper boua, lowera, inside bar, upper boua, lowera to a break. Look at this. Look at this [ __ ] silly [ __ ] Inside bar, inside bar, inside bar, break back in the Ballinger bands. Cat tweet. Now look at the compression that you're seeing on the warrants. Big ass candle. Inside bar, nothing. Inside bar, inside bar. this. That's nice. That's real nice. If we continue to see price stay above the lower boggas on the warrants, why shouldn't the expectation be that the consolidation back inside has kept it healthy enough, excuse me, sorry, healthy enough for the next big wave? And then, right, because we love technical analysis and not fractals, look at the Ballinger bands, guys. What are they still doing? Look at the Ballinger bands on your screens. What are they still doing? What do you guys see? Yeah. Yeah, they're continuing to bulge. They're continuing to expand. And if the Ballinger bands are going up and away and down and away, that's a bulge. The bulge is telling us that there's loads of volatility. If there's loads of volatility, that is suggesting that the longer we ride the top side of the bands, the better the odds are that we see a significant breakout. I'll show you a couple examples. Look at Chewy back in 2024 when it had its breakout. Look at how it rode the upper band. Gap up in in ride in ride in in in in ride in ride and then finally a mean reversion. That's healthy. Look at Unity when it
39:44made its breakout. Outside, outside, outside, outside, in, ride, in, ride, ride, in, in, in in, in mean reversion. Pull back right back up. Right. This right here is healthy. It's good to ride the band and stay within close proximity. and the warrants specifically for GameStop are not just riding the ban now after a 70% pop, but they're finding support against it. This is positive. We're staying in the upper half. We're riding the bands. Look at the RSI. RSI's in the bull zone. There's so much positivity right here. It's just going to take a little bit of patience, right, to let those things come back inside, cool off enough, they can fire it in there for the next run. But these continue to look great, which then gives us some confidence to turn our attention to GME's chart and to say, "Okay, what's going on here, folks? What are the Ballinger bands no longer doing? Take a look. Take a look at your screens right now. What do you guys see on there? What are the Ballinger bands no longer doing? YouTube isn't cooked on the chat again, is it? Okay, good. Oh, I got scared there for a second. 700 people watching. I only got like six replies. So, they're no longer squeezing. See this? Remember how we marked off? We'll put a little box around it. How we spoke about how the Ballinger bands right here were squeezing because what we were saying is that the bands were coming closer and closer to one another. So the Ballinger bands were squeezing and now we are seeing the squeeze or the constricting of them coming to an end. This is the end of one trending move and the beginning of the next is very close to happening. Now, what is the single most important thing that I teach you guys about the Ballinger bands? It has to do with the center line. What's the number one thing that I teach you guys about the center line of the Ballinger band? What's so important about it? So, I'm loving your guys' answers in the chat box. Some of you guys are saying YouTube is sort of glitching. And then I thank you guys for your answers. I appreciate that. I'm going to look at the Rick and Morty thing in just a second. I I haven't
42:58looked at it yet. Oh, look at this. Some of you guys pay ultra close attention. Some of you guys pay real close attention. The center line is the 20 period moving average, right? And the center line is essentially the divider between bullish and bearish. When we tend to be above it, it is said to be bullish and when we are below it, it is said to be bearish. One of the things that is really grabbing my attention at this stage and again I'm not doing fractalss. I'm just showing you an example here. If we look back right to the original uh 2024 squeeze that we had here. Okay, you had the Ballinger bands squeezing rapidly right here. Okay, does everybody see? And please, if you're watching, can you just give me a quick response so that I know you're you're with me. Does everybody see what I'm talking about inside of the yellow box when I talk about the Ballinger band squeezing? You see how the lower one is coming up and closer to center. And you see how the upper one is coming down and closer to center. That's a squeeze. Now you see within the squeeze, price action broke the center. Once it broke the center, we then started to see within the green circled area. Give me a second that the Ballinger band started to flatten out. Price came back to the center and tested it. And then look at what transpired. Lower band right here goes down and away. And the upper band goes up and away. That is called a bulge. When the bands expand away from one another, that tells us that volatility is here. It's ready to fire. And on that move, not only did we test center, but we stayed above it. Aka the divider between bullish and bearish. By the way, AMC, nice little move there so far, folks. AMC looking for a breakout. [sighs] So when we look at 2024, we can see there was a squeeze that propelled us above center and then once those bands flatten out, we stayed above it, tested it, and then bang, big breakout. Look at what the [ __ ] you are doing right here. Now again, I'm not using that to tell you guys, oh my god, here comes a 550% move. Look at what's happening. your
45:57Ballinger bands. [ __ ] off. I hate you. I hate you. I hate you. I hate you. Your Ballinger bands have now started to flatten out. Okay, your Ballinger bands have started to flatten out. Now, as those Ballinger bands has started to flatten out, look it, you got above center. Now you're in the bullish half of those Ballinger bands. If we continue to stay above the center as these bands flatten out, right? If we continue to stay above center, then the partial expectation at this stage is that price could potentially see a liftoff that then causes those bands to start to expand. in a violent fashion that could then lead to an explosion similar to what you just saw right here where the first expansion of the bands down up huge candle right that was the expansion the first expansion that we could see here if we continue to trend above center this could be the signal that there is a large move looming for GME here. All right. So, that's why we're kind of I'll say sitting here and focusing so much time on the Ballinger bands is because we're seeing them constrict at such a rapid pace. And as it has done so, it has pushed us back above center. And the longer that we stay here while we continue to see premium flow into the stock, that bodess exceptionally well for us. All right. Now, there's a couple of other things that we have spoken about this week. Coupe, what's up, buddy? That I want to talk about that are happening right now. And you guys are going to get to witness this in real time. This is my favorite part about education. I can't fake this, right? As we're sitting here talking about the potential of GameStop making a bullish move and talking about being in the upper half of the bullish side of the Ballinger bands. What indicator do you think I'm going to show you next? It has to do with Legend of Zelda. We spoke about it yesterday. It has to do with Legend of Zelda. Let's see if you guys can figure this one out from yesterday. So, this was from yesterday. You guys all told me that this is your favorite indicator because there's so many different signals and so many different things that this thing
49:21can do, right? And one of the things that this particular indicator can do is give us the lens of truth. the lens of truth aka the RSI. Now, if we want to be bullish, right? If we want to be wildly bullish on GameStop, where should we look for the RSI, folks? Where should the RSI be? If we want to be like full tilt, here we go. This is it. Oh my god. Where do we need to be? What's what's our divider? Right. What's what's our highway divider line? Right. Exactly. Exactly. The center line. If we want to see GME make a huge move, the RSI is going to confirm for us whether or not it's really bullish. That confirmation. Look at Vincy Elliot with the 24month blue rocket legend. If we want the truth teller to confirm that we are as bullish as we believe, the RSI must be above center. And would you look at this, folks? You wouldn't even believe it unless you were witnessing it in real time. You can't make it up. You just can't make this stuff up. You just can't. You are now at that center line. That center line is quite literally the divider between a significant breakout and a large rejection. We know this because if we just look over to the left, okay, I'm going to vertical line the test here, here, here, and here. Ever since we broke down and broke below it from April back over here from the eBay excitement, right? These are the tests of center that we've had since we broke below. [ __ ] Fat rejection. Fat rejection. Fat [ __ ] rejection. No, but I'm I'm not trying to be mean. I'm not trying to scare you. I'm just showing you every time since we broke below the center back over here, right? These are the four tests that we've had of center. And every single one of those tests has disintegrated us. Now, look at this. And look at where you are. Look at this. Wait, hold on a second. Hold on a second. I I got you. I got you. Look at this. And then look at this. Look at this. And look at this. Look at this. Look at this. Look at this. Look at this. Do you see how important where we currently are like
52:55really is? This is a massive massive moment on the chart because if we can plow through center that's going to suggest that the candles have been positive. If the candles have been positive that would suggest that then what we were just talking about with the Ballinger bands beginning to bulge that would suggest that price is beginning to break up. And then if we blur, if we burst through center as those Ballinger bands begin to bulge, right? Think about the indicator signals that we have been targeting above both right here on the daily and the 4 hour at 2046. And then the big obvious one on the monthly gap fill and the two-day indicator signal right here at 21.85. that that is what the center line of the daily RSI is currently showing us. It is showing us the path or the difference what is going to be a really significant I'll say pivot to some extent where you could either see this thing make a significant break through that center and go to these indicator signals that we have up here and the gap fills or find resistance and look to back test these very same lows. That's just common sense. And I say that right because if we one of the things that we had been monitoring on the daily RSI was this inverted head and shoulders, right? This inverted head and shoulders on the daily. We've never really seen GME do this except for one other time. And you wouldn't believe it unless I showed it to you. It's right here just before 2024 squeeze. Now, many of you, I'm sure, are acutely aware of what you're looking at here, where you can see the inverted head and shoulders that had a breakout that failed its first test of the center right here. And look at what ended up happening. There was a pretty significant retracement. Spooked a lot of people. minus 10%. Oh my god. If we were to reject center in that similar way, it's not really that impossible to imagine. Now, maybe I'll draw this a little bit more accurate. It's not really impossible to imagine us coming here back testing this lower Ballinger band that's flattened out looking for support that's ultimately a lower low that's like almost 100% going to be like bullishly divergent, right? Because you're just
56:01going to have this, right? One, two, three, one, two, three, right? And then that very well could be your propulsion of a breakout move. I'm preparing for either of their those scenarios. I don't want this one to play out. Duh. I would love for us to stay above the center line. I would love for us to hold this and then break out and Right. I don't want to see it come back. I'm just preparing for the in case [ __ ] happens. You know, it's like car insurance. You know, you you you always prepare for the in case [ __ ] happens, right? And that's what we have right here. We have in case [ __ ] happens, we must break center. Plain and simple. We got to break center for this move to continue to carry on and give us some significant significant movement towards the indicator signals and gap fills. That center line has got to be broken. It looks great. And again, that's why we started with the conversation of being above center and showing some of the bullish positive signs and symptoms that are showing up on this thing. It's that this day is still young. We have 5 hours and 41 minutes before this candle is even closed. So there's a lot of time between then and now or now and then whatever [ __ ] English for this candle to close. So we'll be patient. We'll let this develop and we'll see where it ultimately ends up closing. And as long again my my big argument is just staying above center. Staying above 1844 would be just massive. So, that's where a large amount of the focus is on. All right. Um, I wanted to look at the ADX DMI cuz they were close to making Rick and Morty lips yesterday. Are they today? Let's take a peek. [snorts] Let's see here. No, they're very, very, very close to crossing. Very close to crossing on the daily and still making hot coffee. Oh, and the 4 hour. Look at the 4 hour DMI up. Still hot coffee. Boy, that's nice actually. Man, 4 hour looks cracked. So, um, just as we speak about it here, GME is having a little bit of a retracement off of that high. No big deal, right? Just chilling. Who? Me? Oh, I was
58:59just chilling. Just chilling. All right. So, that's kind of what we got going on with GME as far as uh options premium and stuff is concerned. Let's check in today. Nothing. It's not it's it's not it's not bullish. So, I just say nothing for right now. Darkpool GME absolutely dead. Whale feed GME absolutely dead. Like a actually dead. So very strange start to the day. Very strange start to the day for uh for GME and the markets. Very strange start to the day for GME and markets. So, SPY catching just a straight [ __ ] bip bip candle. I I'm assuming that there was probably news or something. [sighs] So, yeah. I mean, that's fine too, Nick Bryant. Yeah, it certainly could it certainly could look to uh to break center and then come back to back test it. That's uh that's definitely an option. For sure it is. Yeah, I would say that that's fair. Yeah, I think just as long as we stay above the center, life will be okay today. All right. And then GameStop warrants. Again, the big thing for the warrants will be like an actual open and close back inside the Ballinger bands and then holding those inside bars. That would be sweet. Um, what else do we have going on here? I think I think that's mostly uh I think that's mostly kind of the things that we wanted to kind of talk about there. I think. Okay, sweet. Um 1.4 million net call premium on Unity. All right, let's take a peek. Yeah, so I did see Unity was having some net flow over the last couple of days. And then somebody's longing the be Jesus out of What? What is this? Is this brand new? Whoa. What the This has been like three or four days in a row that somebody has just been nonstop piling the boat on [ __ ] Unity here. Monday was 775 premium. Yesterday was 1 and this morning we're already up to 1.1. Somebody is buying hell of [ __ ] What the [ __ ] 65 and 18 strike calls. Whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa. Oh, that that makes me a little nervous on the put side. [laughter] That uh guys, that's a lot of money. That is a shitload of money.
1:02:0165 strike calls have like Jesus all like like a little over 400k in premium. Unity, [clears throat] sorry, I'm just writing it down. Unity 65C's for uh December 2028 and then also 18s for the same expiration I think. Yeah. So 18C, same expiration and the 18s just got like yeah 1.1 million net premium and these were like 500k the 65s and then what happened yesterday cuz yesterday there was also a whole bunch of money that flowed into the thing. So what happened yesterday? Same. Okay. So, 65 and then what are some of the other things? What's this? 55. Okay. And then they're also buying 55s. So, 55 C. Same expiration for Holy [ __ ] Like another 350K. So that's that's like $2 million just on those alone. And then it looks like somebody's doing like some like weird uh option strategy here. Long the 40 for 2027, then short the 55 for shorter expiration. Wow, somebody's been loading the [ __ ] out [snorts] of this one, too. The 40C for 2027. Oh, but the open interest didn't really change that much. That's weird. Lots of volume, but the open interest didn't change much. It actually went down. I wonder what that's all about. Hm. Well, I'm going to keep an eye Oh, that one is already on our watch list. Okay. Hm, that's interesting. 40 40 C's for 2027. I wonder if somebody was I don't That's weird. I wonder why the open interest didn't move like at all. That's really weird. 3,4300 in volume and the open interest literally didn't change. That's weird. I'll have to ask about that. That's weird. H. So, Unity definitely getting some weird options order flow. Definitely definitely getting some weird options order flow. Um, what I did want to take a peek at was there was a couple of other stocks that we had been uh monitoring or paying attention to. I wanted to take a look at TTWO at the bottom here. So, TTWO. Nice little uh harmonic reaction so far, folks. So, good little harmonic reaction thus far on TTWO. All right, so TTWO take two is getting a nice garlic reaction. All right, nice garlic reaction. All right, so there we go. We got a nice little garlic reaction there. Um, let's see. So, uh, checking in 4hour RSI wedge. How's that doing?
1:05:47Finding some support on the low side. So, I I would I would prefer that this make bullish divergence, but if it finds a way to just explode up from here, I mean, I guess it is what it is. But, uh, yeah, this thing I I do I do think this looks pretty good. I think the take two 4hour RSI wedge paired with that little garlic. Maybe uh maybe turn on your MACD as well, moving average convergence. turn this on and then maybe wait for a MACD cross below the center as kind of like your confirmation of the breakout. But we have an indicator signal sitting at 23376. Okay, so that's what we got going on for take two. Um we were looking at GME. There's no order flow whatsoever. Like like literally none. So it's pretty pretty lame and lazy and boring right now. Um, let's see. Let's go. Where do we want to go next? Um, let's just go from the bottom of the list. BBWI. You guys remember Bed Bath Body Works? It has a 4hour death. I Dude, I want to see it back test this low. If if I'm going to make a trade or an entry on this thing, I I need to see it back test this low in order to, you know, inspire a bit of confidence that this thing is going to make a a bounce and a breakout. All right. Otherwise, I'm just I'm not into this thing and uh just sort of is what it is. If it left the station without me, it it is what it is. But uh I I really want the back test. I really really really want the back test. So, we'll see what happens there for BBWI. But that's what we got going on there. Um, a what was the deal with Oh, yeah. We're still waiting for the harmonic. I got the [ __ ] indicator things or the alert set on there. Playboy is still I I don't know how, but it's still holding that weekly RSI wedge. I I literally don't know how this thing is managing to [ __ ] hold on, but it is. So, everybody play uh everybody pray to the Playboy and just pray to God that this thing just finds its way to make a breakout move and that would
1:07:56be great. Um, Hertz I think is back towards the 236 or back above it there. So there you go guys on Hertz. Um, I think we did like a a a educational lesson on this and I think we did a paper position on this thing if I remember correctly. I think we were doing a Yeah. So, we did like a little educational lesson where we kind of spoke about how, you know, if your idea is the indicator signal, any entry within this kind of broad range gives you essentially, you know, it's it's a wide stop loss. Like, I'm not going to sit there and lie. Like 10 to 15% is a pretty significant stop-loss, but at the same time, if we're aiming for an indicator signal at 70 plus%, that's like four or 5:1 risk-reward ratio. So, interesting enough there on Hertz so far. And I guess we'll see if that thing continues to break up, but it has held that macro 236. That is a massive first step. So, Hertz is is good. That's good. Okay. Um [sighs and gasps] Netflix still battling it out with that resistance, but it's it's getting there. I think it's probably going to tag the 200. I think you'll probably tag the 200 first. So, we'll see what happens, but the daily 200 is at like 87. Um, KSS, Kohl's just went through its earnings, creeping towards its dividend distribution, randomly pumping 7%. So, um, we've just had this in the long term for [ __ ] ever. So, hopefully it can finally get to our indicator signal at 2650. Um, Celsius, fine. Not much to say here. Holding above the daily 50. Um yeah, just kind of hit that first uh profit target for the the garlic and uh now it's just looking to build a higher low and push us to another higher high. So uh Corsair checking in on the technicals. We are looking to hold center and bounce off of that. And then I think on the weekly we're trying to break center. So that's what we got going on there. Uh Celsius still fine. I just don't talk about it because we're just we're we're patiently waiting for the breakout or to give us a better opportunity on a back test down here. So, that's all we're doing with uh with this thing
1:10:08for right now. Okay. Uh Itillaa the Hun. Not too much to say on this thing. Had this in the long term for a while. It's back towards where our entry was. I'm kind of just I'm sort of lukewarm on this thing and I I I almost just want to get rid of it because I just don't really give a [ __ ] about it. So, I just I I don't really see anything that jumps or pops out at me. At least not yet. I mean, maybe maybe this. Maybe maybe maybe maybe. Just draw it quickly and just see. That's not That's not bad. That's actually not bad. That's not bad. Okay, we'll put a little uh we'll put a little alert on that one. That's at 9 what? 919 on Hun. Okay. Um, LPSN, please keep going. I'm not going to buy you. I'm not going to touch you. I'll never talk about you again. But if you could get my bags back to break even, do you have any idea how much I will love you again? But if you don't, All right. So, next on the list, let's see here. Mims looking for the daily 200 still. SoFi. That's a good candle. Big bullish engulfing. So far, it is below the daily 50. So, I don't want to get overly enthusiastic yet. All right. Don't want to get overly enthusiastic yet, but that is a nice daily candle so far. It helps that Spy isn't being a total [ __ ] piece of [ __ ] That That's definitely helping. Um, what else do we have here? Bark. We just talked about that earlier. Got to break 11. Got to break the weekly center line. Snowflake upst. Not much to say here. Um, I guess for those of you looking for a trade, uh, I guess there's certainly something to be said about UPS on these lows. There's something to be said about how many times it's found some support off of these lows and made a a pretty healthy bounce. So, for those of you maybe looking for like a brand new idea, uh, here's one right here on UPS. This area of support has provided really nice lifts for the stock before. So, this is an area worth monitoring between say 2750 and 2650. That's a good little area for UPST
1:12:59and probably worth keeping a a watchful eye on. All righty, DJT still got to break through that $10 resistance. HubSpot is building that [ __ ] inverted head and shoulders. I I I'm [ __ ] praying every day that this thing comes back and gives us the opportunity. I'm praying every day because the setup is unbelievable. Um, I saw GoPro is melting faces again. So, back up to a$130 and attempting to break out of that little bull flag structure that we had marked off from earlier this morning. So, looking good there on GoPro. Uh, wow. Chewy flipped green. Jesus Christ. So, somehow Chewy flipped green. I I don't know how that happened, but Chewy flipped green and is still continuing to hold off of that area of support as it has earnings coming up next week on Wednesday morning. So, people have to make their decisions about what they want to do with the Chewy trade before Wednesday morning. But, I am holding. I just I I really don't care if it goes up or down because I'm either going to take profit or I'm going to look to buy uh more. So, uh that's all I'm doing with Chewy. I'm just comfortably patient until uh the earnings. If it does hit the indicator signal, uh, I probably won't care cuz I've already taken a small portion of the trade off here for the in case it does come all the way back down and make a nice like maybe I you can make an argument. It's like a rounding top kind of if it did. So, I'm just patient. I'll wait and see what happens. If it does gap down, it left the indicator signals for us to come back to, folks. Like those 2490 and 3036, those have never been filled. So, as far as I'm concerned, like there's still a a really really high chance that we could see this thing come back to those even if it did gap down. So, that's why I'm saying like I I just don't really care what happens because I'm either going to be locking in profit or I'm going to be looking to add or just build an even bigger position on Chewy. So, that's kind of what I got going on there. Okay. Um, and that is the entirety of the list that
1:15:05I wanted to kind of go up and down through so far. Um, checking in on the big dog stocks. Siri 6 and a half. Whoa, Lulu. Three and a quarter. Please, please, please, PLEASE PUMP MY LONG-TERM BAGS. PLEASE. OH, they have earnings on Thursday. I'm [ __ ] So, there we go. Earnings on Thursday for Lulu. Please, activist investor, please save my bags. And then series 6 and a half%. That's a nice gap up. I wonder what that was about. Probably some news or something. I'm assuming SPY is just full tilted. SPY SPY is just like straight up fully tilted right now. It's fully tilted right now. So, there you go. Uh, gold, that's a decent recovery from where it was. It still has a long way to go, but that's a decent recovery. Um, was there news on SPY? Am I missing something? Was there news on SPY? And then YSS. Not much to say here. It's still within the trade. I I hate it right now. I'm so mad at it. And the longer that space stocks continue to suck, the more I'm going to be pissed off about it. But I made my bed. I'm I'm laying in the dirt right now. But when I say laying in the dirt, I'm I'm literally down like $72. So, you know, like [laughter] I guess dirt is relative. But uh yeah, I I'm bag holding quote bag holding this right now. But uh we just we haven't gotten any sort of reaction and space stocks have been ass. So we just got to sit down. We just got to sit down right now and wait. We just got to sit down and wait. All righty. Um something to do with the CEO of Nvidia. Oh, okay. Okay. Okay. And then we've got some super chats here. So let's get to these uh super chats here quick. We got Gaboo. There's Roof just screaming in the chat box. Holy [ __ ] First comment. Hell yeah. Woo. Look at Roof. He's He's cracked. Bogey Bank was already mentioned in Lulu, so I'm gonna have to take a peek at that. I'm gonna have to go back to check out Lulu. Uh, let's take the low of that gap up for GME and mark this off. And then Gabagoo, Gabagoo says, VST Energy stock coming off
1:17:15some good lows. Great support, Peter Teal, Nancy, I think Trump. So, we got some good TA, good sector, and the world's best traders. Wink wink. All right, let's take a peek. What is this? V uh VST Vistra. All right, let's take a look. Vistra. Okay, I like the lows that you're talking about. Those are good. Those have me interested. I don't think if I pull a fib from this low that there's anything useful. So, I don't really care about that one. I think what I'm going to do is pull a fib from this low to this high and then we're probably near a golden pocket. Okay. [sighs] Interesting that it found support there. That's a It's a weird place to find support. Check the weekly. I hate that the weekly has stayed below center that whole time. It is bullishly divergent. I'll give it that. There's a big monthly RSI wedge. I get I get I [ __ ] get PTSD every time I say monthly RSI wedge because the first thing I think about is Wolf, but there's definitely some sort of structure. What I would say is the monthly is directly on center. So there really isn't much of a chance for this to [ __ ] around. It's got to sort of build support and burst now. You know, if it doesn't burst like right now, you could be in for a a little bit of trouble. So, that's that's what I would say on on this thing for right now. I really like the support that you've marked, but I've kind of I'm actually really surprised that it didn't drop down to here and have these like wicks and candles and stuff. So, that's actually really surprising. Um, let's go to the daily quick. So, the daily has a MACD cross below center, which is good. the RSI is I don't really want to call it divergent because I'm not sure that it is. And it is below both moving averages. So I uh right now I don't know that I'm overly enthusiastic about it. My mind might change here in a second. No, because if this were this would probably be better as a crab. that could take you down a lot more. So, I guess what I would say is you've already marked off the most important support. So,
1:19:50that's what you want to focus on if you're making a trade. And then, plain and simple, if you lose that wick, I just wouldn't want this trade because then common sense dictates that it's going to come right here, you know? So, I think you've got a great idea at that support. It's not necessarily something that I would trade, but I understand your interest in it, and it makes a lot of sense. So, I I don't dislike the trade. I would just prefer that there were more signals on it. All righty. USA factory orders for month of July 0.9 versus 0.7. Durable goods 1.13 versus 1.3 versus 1. Okay. So, basically in line and then gasoline inventories lower than expected, but that's that's pretty that's pretty obvious. So, thank you for sharing that. And then we had of course while he shared that the 36th Street MUT. The 36 Street MUT with the $50. He says, "Getting back in the groove after a long hiatus. If you would please give me your thoughts on AGX. See my post in the Discord at 0859 hours. Thanks for all you do and well done. What a legend. 36 Street Mut. Yeah. All right. So, what's he wants us to look at this thing? What's this here? [ __ ] AMGX. That's uh I can't say I've heard of this one. Agx. I don't think we've ever charted this. This sounds new. Angel Studios. Okay. Well, the first thing that is immediately noticeable is there's a golden cross. that that's that's the very first thing that becomes immediately noticeable is that there is a golden cross on that stock that is on the daily. Okay. So, second thing I would do is pull a fib from that high to this low and I'll bet you you're like right at a 382 if if no [sighs] I you might be between a 382 and a 236. No, you're right at the 236. Okay, there you go. So that is your mega resistance. That is the number one spot that you care about is 455. That is the number one area of importance. You've got a golden cross that is trying to help propel price action off of it into that area of resistance which is the single most important area of resistance. who found re uh resistance and rejections at
1:22:27this very level before and it was an area where you were finding pre prior uh support on when it made this big nasty swing down. So this area right here uh quite clearly is very very very very important. So for you I would say that your goal is twofold. Number one stay above the golden cross. Number two break 455. I if you break 455, the thing wants to go sicko mode. If it stays below that, I mean, you can you can see the other moments where it stayed below it and rejected it. The only difference is is this time around, you're actually above both moving averages as it comes to test that. You've never done that. So, that's a very very very positive thing that you see developing on the chart. So, I I think you got to like that. I I think you got to like that. All righty. Uh, by the way, GoPro is now up eight and a half%. So GoPro is making a nice little uh nice swing. Really nice swing so far. So 4 and a2 KSS 7 hertz 7 and a half take two uh 1% BBWI 1 and a half. So just a couple quick updates there. So that's what I got on that one there. 36 Street month. That one looks like a very clear pivot right here. That's that's like a very clear moment where if you can get through this area of resistance like I would imagine you would want to see big ass volume bars that are then just so that's probably what I would look at on that thing. But that that it looks awesome. Like if you're looking for a relatively inexpensive stock potentially on the verge of a breakout here's a great example. This this is clean. So I like this one. Uh Piermo, good to see you buddy. Piermo, good to see you. Ah, don't worry about awful spelling there, Gagu. Don't worry about it. 250 likes. Like the stream. Like the stream, you hippies. Hey, JT, dumb question. Do you think that you could maybe elaborate on building support? Like, what exactly do you uh look for to qu uh qualify that versus bearish consolidation? Well, um I'll give you an example, right? So, I didn't want to trade AMC when we uh got to just below a dollar,
1:24:42right? So, when we got to these lows, um I didn't really have much of an indication that this wanted to make a breakout. Now, don't get me wrong, uh there was a singular failure touch bullish divergent low here. And that was really exciting. Uh, but I didn't want to trade that because I've seen AMC time and time and time and time and time and time again uh be a absolute gargantuan pile of [ __ ] So, I sort of waited for AMC to show me some signs that it wanted to make a breakout. Now, as it did so, all right, it made the breakout and we pulled our Fibonacci and we saw that there was a big macro 236 sitting right here at A130. Once it broke through that range, one of the things that I spoke about was that I wanted to see some bullish consolidation, right? So that way I could be uh or uh I'll say here I could have the confidence that would give me a level of conviction to say, okay, this 236 will hold and this will push off of it and we can get to some of these indicator or profit targets that we have above. So once we broke out and broke that 236, the RSI on the daily was in the bull zone. So one of the big things that you want to see for consolidation is obviously the daily RSI staying within that zone. Now obviously in the moment you can't sit there and watch 6 and 1/2 hour daily candles form praying that it's going to hold the bull zone. you want to kind of drop to some smaller time frames, aka your sniper scopes, to give yourselves a little bit of a better or easier opportunity to see what consolidation really looks like. And if you guys look when it broke the 236 over here and then consolidated through here on the 30 minute, which is our sniper scope for the daily, look at what it never broke. Look it. You see that? Not one time on the sniper scope of the daily while the daily was in the bull zone did the 30inut RSI slip below center aka the trutht teller of price action and as it held that center line it made more and more touches a bullish divergence which were
1:26:52giving us the confirmation or the confidence to say hey I think that this is going to hold the 236 and break out. So yeah maybe I missed this trade right here. Maybe I didn't perfectly buy this low, but I got another great opportunity with really great bullish consolidation while the daily RSI held in the bull zone and the 30 minute stayed above center, which then all of a sudden led to a significant ass blasting of shorts where Jackie made 50% on a single trade and over 200% on call options alone. That right there is what I mean by consolidation. So, if we turn our attention to GameStop warrants for a second, look, see that? See the daily and see how it's staying in the bull zone. Okay, bonus point number one for GameStop warrants. Now, we're going to drop to the 30 minute. And what do you think I want to see? Mhm. Mhm. >> [laughter] [clears throat] >> Look at that. Hey, holding above the center just like that AMC move. If we take a look at the RSI, right? Isn't it interesting that the RSI is like borderline bullishly divergent? Isn't Isn't that crazy that the RSI is like borderline divergent as it's doing that, right? Pretty cool. Pretty cool. And if the 30 minute continues to hold above the center as the daily stays within the bull zone and we stay in the Ballinger bands, that's really healthy bullish consolidation, right? So that's kind of what I mean when I say those are the things that I look for, right? And so far with the warrants, right, since taking those positions back within this range, we have no reasons to do anything with them as we wait for the bulls to consolidate and prove to us that it is as bullish as it appears. And at face value based on the technicals we see here, it's it's clinging, but it looks great. And from a technical perspective, we're back inside the daily Ballinger bands, which is great, right? So healthy healthy healthy positive positive positive. That's that's great. Right. So yeah then unity did flip back red on the day. Please come lower. Please please please please. Okay. What else? So uh that was uh that was a couple of different examples and hopefully that gave you a little bit of a
1:29:45hand there. I saw uh Chuck uh Chuck asked about VOD. So, I wanted to take a look at VOD Vodafone. So, I do remember looking at this for you not that long ago. I can't remember exactly what it was that we spoke about on this, but um maybe we were looking for the test of the 382, I guess, or maybe making like an inverted complex head and shoulders. Weekly golden cross still looks unbelievably strong. Uh daily is kind of weird. Uh would shitywah the daily's above center which is good. I'm looking to see if the 4 hour is making an RSI wedge. It is. So there you go. Chuck VOD making a making a big fat 4hour RSI wedge. It's it's pretty clean too. I I would argue that that's pretty clean. So that's probably worth watching and then seeing if you can hold above the 4hour 50 period moving average and then break these prior highs at 1650. All right, for VOD. All right. Uh let's see here. We had Kyle Schultz. Kyle Oh, wait. Sorry, I missed one. Jordan or George Joel UFC with the two pounds says, "Could you please look at SWC?" SWC. Oh, I want to put this one on the members list. All right. SWC smarter web company PLC. Is it I am using the right one, right? I'm I'm assuming this is the one that you're talking about. Smarter Web Company. I'm assuming this is Yeah. Okay, cool. All right. Uh, well, I I to be very upfront and forward with you on this one. It's not good. Um, you can make the argument that there is some level of support here because at least it's held this range for almost a year. Um, it is getting pinched between the moving average. Uh, so I I do tend to like moving average pinches like this. So all hope is not lost, but it the stock like from a macro perspective that's [sighs] yucky. You are above the golden pocket even though you're not touching it, which is again so weird. [sighs] I guess I guess I would just say this. Okay, you've got your 200 and your 50 and you're getting pinched between them. You want to see that pinch lead to a breakout to the upside. So, you obviously want to break those moving averages and break
1:32:47some of these prior highs at like 37. Okay? If you fail to break above that, that pinching of the moving average very likely could lead to you breaking down to more macro support of this golden pocket. [gasps] I I'm really I don't love what I see. And then when I look at the RSI doing this, it gives me the heebie-jebies. The reason it gives me the heebie-jebies is because typically when you make these ups sloping lines, it does look to build support and sometimes it continued to go higher. But once you lose this, it tends to get really, really ugly. And I'm worried that the pinching of the moving averages are not going to be enough for this thing to propel up, causing this to be lost, and it could lead to a bad move down. So, right now, uh, what I would say on this thing is just heavily focus on the pinching of the moving averages and them getting closer and closer. And you want to see price explode through that range with some big [ __ ] volume because if it doesn't do so, it it's really going to look a little bit sketchy. All righty. So, that's what I would say there. All righty, buddy. So, thank you, Mr. Short Stuff. Admiral, good to see you. Uh, Sev, sure. Did have we ever looked at this? I don't I don't remember. I don't think so. Oh, yeah, we did. Yep. Oh, boy. This must have been forever ago. Because that chart has no relevance whatsoever. So, we're going to pull fib from here to here. So, you're above the 236 and above the 0.5. So, I guess your hope now would be to get to the 382 at about let's just call it three bucks and also where your daily 200 period moving average is. So, that's what I would say on that one. All right, sir. That's what I would say there. Not not not nothing too crazy, but it's it's not negative either. Just not really a whole ton going on there. UNH and then SMCI. Yeah, sure. We can do that. UNH >> [snorts] >> So yeah, unh is working there for you, GABA. Now your last uh last boss is the center. If the [ __ ] RSI breaks center, I mean, this thing is going to
1:35:17[ __ ] pump. 430 and then 450. But it looks super dangerous now. That RSI is like legit on the verge of crossing. And if it breaks out from there, holy [ __ ] that thing is going to go [ __ ] stupid. And then your MACD has also crossed below center too. That also looks great. So no, no, like there's literally no complaints on this thing. This looks uh this looks great. This thing looks really really good. Spy select sector XLV definitely one of the better ones on the day. It's doing better. That's a great recovery last couple of days. XLF banking sector up 1.7. Good one. Building materials up two. And then communication up 1.4. So I'm assuming Google or Meta or something is up a chunk. Yeah, Meta is up 3.15%. Jesus, that's a nice call from Sky Daddy on Meta for that breakout. Like actually nice call. That's crazy. And then you've got Lulu 3%. Nike has just been an absolute [ __ ] disaster. Nike has just been a [ __ ] disaster. Hopefully, it starts to build some support off of that 3A2. It's it's really got to start doing it here. So, just do it. You know, that's that's the slogan. Just do it. What else we got? GME going nowhere. AMC and GoPro chilling. Wendy's retesting its golden pocket. So, Wendy's is retesting that macro golden pocket again for like the third time in the last week. So, come on Wendy's, you can do it, pal. Come on, Wendy's, you can do it, pal. I got total faith in you. Total and complete faith in you. Clear some of the chart up here so that we can actually see. Probably don't need to make those so big, but it's fine. There we go. Okay, there. That makes me feel a little bit better. And then we got Wendy there. And then we'll get rid of this because you guys already know the 236. Okay, there we go. That's for Wendy's. Then GameStop slow as balls. So, let's check in on the order flow. Uh yeah, not really seeing much. Just sell call premium, sell call premium all day so far. Minus 600K. So, back to the usual. Back to the usual classic GME. Um, let's see here. Derek says with the $10 bam marino, see anything I'm
1:38:05missing on stub? It's close to previous support. Need some more signs of potential reversal. Stub. Uh, let's get this one on Chuck's watch. Let's get the the uh cyan list there for the members list for Chuck for VOD and then let's check out stub and then I said I would check out SMCI. So I will come back to SMCI. So first of all uh Derek I love the idea that you got support. That's great. That's the premise of all great trades starts right here and you've already identified that. So that's a really good start. That's a great start. Now let's check the RSI. No bullish divergence on the 4 hour. We'll check the daily. Daily. Nothing on the daily. Check on the weekly. Not much on the weekly. It could turn into bullish divergence. It wouldn't be the most reliable touch, but it could. Okay. Uh, that's not what I wanted. Okay, good. Uh let's see here. What could I do? I Jeez, this is tricky because other than support, it's got nothing. The 4our is trying, but it's failing. Let's try the hourly 30 minute. Okay, on the 30 minute you could make an argument. I would push back against it if I was making a trade because this wouldn't really make me feel all that comfortable, but there could be a potential structure there. I I don't love it. I guess what I would probably say is ignore that. Draw the possible 30 minute oneouch of bullish divergence because that's that's really all you've got for right now. And if that doesn't work, I I mean, you're probably going to be waiting on this thing for a little bit longer as it tries to build some more macro support on some more meaningful time frames. All right, so uh that's what I would say on this one. All right, that's what I would say on this one. It's going to require an exceptional amount of patience to prove itself first because right now it's not proving anything other than it just it's an [ __ ] All righty. So hopefully that gives you a little bit of help there, sir. And then uh be clay all day asked me about Oaklo. I think you also asked me about it this morning and I did see that it was uh I did see that
1:40:48it was doing uh a really big harmonic that you had drawn. I think if I remember correctly. I don't remember what the harmonic was that you drew here. Was it that? It might have been that. Let's see. It might have been this. Yeah. So, I love this. This is super super super super clean. Love the upper. Love this one. Love the completion. Love the al the the full extension completion. I love that. That would take us down to 35. So, personally, I would I would probably wait for 35. Um, outside of that, is there any indicator signals? I don't think so. I think I already took a a quick scan at this thing and I don't think I saw any. No, I uh Oh, well, hold on a second. Oh, yeah, I do. I have one on the hourly. Yeah, it's 7070 7070. Oh, that's a that's a huge move. That's actually a huge move. Okay. Well, I'll I I'll Yeah, I'll put Olo on there. Yeah, sure. We'll keep an eye on that thing. [ __ ] yeah. That's kind of cool, man. If it gets that, that would be that would be smoking hot. That'd be really cool. All right. Uh let's keep going through here. What else did we have? I saw Oh, yeah. I had to get the SMCI. Said I would take a look at this thing. SMCI. So, not too much to report here. It's got a golden cross. I would love to see it come back and back test it. I'd love to see it come back and back test the golden cross that it currently has. So, that's probably I that's almost all I would say about this thing. I I would just straight up I I would wait for the test of the golden cross and that could open the door for a nice trade. That could open the door for a nice trade. So, we'll see what happens. We'll see what happens there. All righty. Uh take two is getting a great reaction now. Take two finally. Uh that's a great reaction from the harmonic garlic. So, it's only one and a half% but that's a great reaction. So, I'm happy with that so far. Um, going back into the chat box, I know that there was a couple of other ones that you guys
1:43:32had asked for. Yeah, Bitcoin. We haven't looked at Bitcoin in a little while. So, yeah, we could take a we could take a little gander at Bitcoin. Yeah, for sure. And then GameStop. Not really too much to report here, guys. It's up three pennies on the day. So, not really too much to say. So, Bitcoin. So, that head and shoulders is still uh kind of working out, folks. that head and shoulders that we drew on here is is still sort of playing out. Um, I guess the only thing that's sort of giving me a little pause for concern is it looks like there's a huge [ __ ] 4hour RSI wedge. Like it it legit looks like a huge 4hour RSI wedge. Uh, I guess you could draw it like that. H. Maybe it's not. [sighs] It might be, but it's not. It's not as clean as I thought it was. I actually thought it was a lot cleaner, but it's not. What does the 12hour look like? [snorts] The hourly does have some bullishly divergent touches. So maybe Bitcoin tries to find some support here into the second half of the day. So we'll see what happens there. Yeah. Uh I I do like the head and shoulders idea for Bitcoin. I do like that more because again it did leave that stupid indicator signal back down here. So I'm a little worried about that back to 64650. See what happens. Uh, as far as crypto stocks, MSTR right back to our long-term entry. So, it did leave an indicator signal back to 94. So, I I'm not crazy about crypto and Bitcoin yet. And Bitcoin did also make technically speaking, it has made uh a lower high. So, technically speaking, that that is a lower high. So, I don't want it to drop, but I'm not exactly enthusiastic about the things that I see here. And then [snorts] GameStop catching one or two candles back up. Spy, uh, steady as she goes. Big fat pump to start the morning. Question on the Wendy's daily. Is the fib from August 7th or August 10th? It's a good question. I don't I don't remember. Let's take a peek. So, the biggest fib that I have drawn on there, the the big fat [ __ ] green one that you see on there, that is from
1:46:16the all-time high of whatever 2021, I think, or 2020, whatever that whatever that all-time high is up here on I think that's 2021. Uh to this 52- week low on May of this year. That's the big fat bold Fibonacci you see. And then the the smaller ones, which is the ones that I'm assuming that you're talking about, the smaller Fibonacci one that I've pulled. I have pulled this Fibonacci from the high on July 2nd. So right here, the highest high of that first initial swing. I've drawn it to the low on July 24th. That's these Fibonacci. And then all I did is I just drugg it across so that you can see those Fibonacci on there. So the thick one is all-time highs and then the thinner ones are just the highest high of this run to the lowest retracement low that we made since that uh like news thing hit at the end of June. Okay. So that's where I've got those fibs drawn on there for you. You're contributing to the bulge. Good. You're welcome. B Clay as ESTS. Yeah, as that's the space dock, isn't it? Aren't you supposed to sympathy pump my YSS bags, you son of a [ __ ] So as Space Mobile up 9%. What What does the rest of them do? So it's just as So just as Okay, cool. Good. Good for you, you [ __ ] bastard. So yeah, as 9% uh a news or something, I don't know. Nvidia 225 target acquired. Alpha captured. Absolute ripper. Uh I did briefly look at DJT, but it's got to break 10. So that's that's like the number one thing for DJT is to break 10. Till it breaks 10, you've got to be uh cautious. So 10 is like that's that's 10. It's the magic number. So and then I see uh Grove is having a decent last couple of days. Nothing crazy, but it is shady. LPSN [sighs] whatever. Checking in on the cyan list. Let's see what's up big as Wing Stop. I remember this one. I think this was a body one from back when when it had that uh nice harmonic bag test. That was a cool trade play. I still can't believe that dip below that macro support RRGB TMC. This had like a rounding top or something. I wrote that
1:49:03down in my journal there a while ago. That was a nice swing that it made there. Uh let's go to the members charting list. Let's see what we got on here. neg [sighs] 5% American battery. So yeah, so far managed to uh hold that that macro golden pocket in 236. I can't remember who asked me about that, but that thing has been good. [sighs] GME's warrants battling it out quite well. GameStop's warrants are just uh doing very well. I don't have anything too negative to say. I'm actually quite impressed with them so far. So that's good. That's really good. Then we can get rid of some of these arrows and [ __ ] that are in the way. Just [ __ ] [ __ ] [ __ ] up. Get rid of that. This arrow and this and this. Okay, perfect. And then maybe we could redraw this. There we go. That feels a little bit better. All right, sweet. So, GameStop warrants. We got the EMAs on there. And we got the inside ugaboogas marked off. We got the inside ugaboogas marked off. Uh, Berinberg initiated AS coverage. Ah, okay. That's what it was there. PLTR and LAC. Okay, PLTR. Minus 5%. This thing has been a hunk of [ __ ] Wow. PLTR recovered all the Oh, right. Because it had that big earnings gap up. Oh yeah, yeah, yeah, yeah, yeah, yeah, yeah. I forgot about that. I actually totally forgot about that earnings gap up that it had. Totally, totally forgot about that. Oh man, it had a chance to be a crab. It definitely I mean, it still could. So maybe I'll mark that and just keep a keep an eye on it. It still has a chance to be a crab. That's interesting. It's actually pretty good, too. Or maybe it's this. No, that's I can't shywah. No, no, no, no, no. Just [ __ ] leave it. Just leave it. Just leave it. Just leave it. Nvidia 4%. Jesus Christ. Still going for that harmonic completion. Technically, it's at 23150. [snorts] That alert meta up 2% series 6. Um, okay. Let's see here. Uh, LAC, let's go check on every time I'm in the streets. I hear Jack, Jack, Jack, why is it down? [laughter] [snorts] So, so far on the daily, it's staying below the daily 50.
1:51:54It's holding on to macro support. So, we have kind of marked this off as a very clear area where the stock needs to start building some support. So, it's still above it, which is good. Uh, again, you're you guys are probably right to say that it's not exactly inspiring confidence, you know. Uh, yeah, this could potentially be a little micro harmonic. We could see a little small one right here, but if it was, it would have to be a butterfly first. So, we might have to wait for that. But yeah, right now, this thing is just not inspiring confidence whatsoever. So, I think uh with LAC, I think for right now, we just sort of got to kind of sit on our hands and uh I I guess be bag holder city for right now cuz I still think the setup is there and I still think it's very clean. But, uh I don't want to add or do anything more to this until it really starts to prove something. It has some weakly structures that certainly could lead to a significant breakout, but we're going to have to show like an exceptional level of patience here. like a just an extreme level of patience. And this one doesn't make me happy, but uh you know, I guess it sort of just is what it is. So, that's kind of what we got going on there for uh for LAC. All righty. [snorts] I printed on that PLTR spread. Yeah, I totally forgot about that. LPSN. Yes, I did talk about it briefly. It's above the daily 200, but that's all it's got going for it. [snorts] It's above the daily 200, which is great, but that's that's all we got going for us on it right now. There's a gazillion indicator signals that we were still looking to achieve and aim for, uh, but obviously those are on the back burner until this thing finally starts to make a move back up. All right, so that's kind of what we got going on there, folks. That's kind of what we got going on. Um, with the current outlook on LPSN just sort of [sighs] unfortunately is what it is for right now. But that's okay, right? That's okay. So, no big deal. Um, I see Unity is creeping back towards lows of the day
1:54:15and testing the lower Ballinger band as those Ballinger bands are squeezing very, very, very tight. uh very similar to the structure that we just saw play out on pizza but in the opposite way. So pizza we have those daily Ballinger bands extremely extremely extremely tight as price action hit the lower one and is finding some support off of it. [snorts] So that's good to see especially as we're in a daily RSI wedge. That's That's a really really really really positive bounce off of those Ballinger bands that are screaming tight now. So, we'll see what happens. We'll see what happens there with Pizza, but Pizza is also getting a really nice bounce off that lower Ballinger band. And then we've got Chewy making a little bit of a bounce. AMC is a turd. [snorts] All right. Then Bill Jeet currently and time zone is off. Could you do a twominute GME power summary? The 42 sold puts are back. Okay, so uh let's see. I'm going to open up unusual whales here. Here's some 42ps. Let's go to net flow to confirm everybody what they're saying. [snorts] So yes, another batch of sold 42 puts for 400K. GME 42P sold another 400K. Okay, so the 40 the 42 puts are back, folks. The 42 puts are back. And then somebody has been selling these $3 calls. I've been noticing this, too. Over the last two weeks or so, somebody's been selling these $3 calls. I don't know why the [ __ ] they would choose to do that. I guess they wouldn't really care if they got those shares called away, like if the options uh got exercised. I guess they wouldn't really care cuz they probably have the funds to e like to take on those shares at three bucks. So maybe this person is just selling these calls so that they can collect a shitload of premium. That would be kind of my thought process. But yes, those 42ps are back. Those 42ps are back. So that's uh that's exciting. That's really good. [snorts] Uh so a 2minut GME power hour. Okay. So here what here's what I'm going to quickly do. I'm just going to play um I'm going to quickly play a song just really quick. So just one tune. We'll play like a really quick one here and then uh just
1:57:00going to heat up my coffee and then we'll carry on. All right. [music] I can't wait to put my microphone [music] away from your sleep [music] and dry off your tears today. We [music] escape. We escape. [music] >> [music] >> Time [music] for shorts to close and cry [music] their salted tears. [music] We escape game stop. [music] Soon when the trade [music] is done n and we take our gains [music] today. We escape. [music] >> We escape. >> We escape [music] games. [music] from your sleep [music] and dry off your tears. We escape. [music] We escape. All righty, everybody. Good to see you guys. Good to see you back in the chat box. [ __ ] 600 of you savages tuning in. 600 of you savages. We've got Chewy flipping green. Unity sit and chill. AMC and GoPro 3% respectively. Uh Wendy's is retesting that macro golden pocket once again. So Wendy's is duking it out. Duking it out with both the center line of the Ballinger bands on the daily and the macro golden pocket. So that's a really big important area. Uh we've gone through most of the things that I wanted to kind of get through. So do you guys have any questions on anything that we have uh kind of gone through and discussed thus far? Is there anything that you guys uh anything that you guys are interested in? Wow, Roof, that's not very nice. Take take buddy, take like a take take a big deep breath in [snorts] and a big deep breath out. [sighs and gasps] Jesus. [snorts] Remember the last time someone called me a loser? [laughter] Uh Aaliyah wants me to look if there's anything harmonic on app A. I think that's why we were actually watching it. It's because I think there is. [snorts] Yeah, I'm pretty sure. Yeah, there's also a weird RSI wedge that I'm just kind of noticing here, by the way, on A kind of looks like it broke out. >> [sighs] >> P. Oops. Interesting. Type English Jackie. There you go. And then Rof said to look at Teeis for Sky Daddy's Big W. Teis. So there you go. Look at that nice breakout. So got above the daily 50 following the dividend distribution. Sky Daddy loves those trades where that thing gets just above that thing and then okay,
2:02:27let's get the continuation breakout and then you've uh you guys can see on that candle today that the RSI it really ripped through the center there dropped to the 4 hour. Looks like the 4 hour is now headed towards a test of the bull zone as it also breaks the 4 hour 200 period moving average. I also bet the MACD had a really nice cross below center. Yeah, look at that. your MACD had a nice cross below the center and then it actually crossed through center two different times. That helped give you some propulsion. So, that was a that was a really nice uh that was a nice trade. That was a nice trade. Glad someone appreciated what nobody appreciated. Teis, what did he say? What did he say? Let's go to Sky Daddy's room. Let's take a look. Sky Daddy, look at that. 46% folks. Look at this. Look at this. Look look look look at that folks. 46% on Teeis. Look at that. Nice. That's a great trade. So nice job there Sky Daddy. When did he post that? 854. So that was like 30 minutes ago. Nice job. That's a really good job there Sky Daddy. So good call though. See that's what happens when you join the Discord folks. You also got folks like Sky Daddy in there that are just throwing out crazy trades. Also, speaking of uh great trades, I I haven't given him his flowers yet. Money Tings had a [ __ ] crazy trade on this useless thing. So, I I I don't really trade um things like this, but uh Money Tings over the last like I think it was like the last month had really been kind of pounding the table about this thing as it was approaching these lows. And I know one of the ways that he likes to trade is he loves these exhaustion trades where it kind of looks for sort of like kind of like a mean reversion after like D down for such a period of time. And I'd also bet that if we put on the TD sequential, I'll bet you that there was a nine or even a 13 count within this range that could have provided uh Yeah. So look at that. A 13 signal right there that could have provided a little bit of even
2:04:36further context for him. Uh, but regardless, I wanted to just give Money Tings a shout out on this thing because this thing did 200% in like I think it was Yeah. almost 300% in 20 days. So, big shout out to Money Tings on that thing. That thing is So, look at this, folks. By the way, Money Tings absolutely cooked on this thing cuz what is this, folks? Look at this. That right there, that's three white soldiers. That is a fantastic bullish reversal signal when you have those coming off of the lows. And then look at this. this thing consolidates sideways after those three black uh three white soldiers and then boom. So nice real like just a beautiful trade for money tings on on this coin here. That was a really really good job well done on that one. All right, so nice job there from everybody in the Discord. Yeah, Teeis Teeis, that was a nice one. I think what we'll do um for Thursday's stream is we'll uh pull up a bunch of the trusted traders uh ideas that we have here and we'll uh we'll kind of go over some of them so that we can get you guys paying a little bit more attention to some of these ideas when they pop up on the charts because like you know I know some of you guys want to trade every single day and some of my trades don't they're not necessarily like that. Neither are Sky Daddies, but a lot of what he likes to do or or what Money Tings likes to do is to kind of catch these swings like as they're in the midst of either an exhaustive trend or in the midst of a momentous breakout. And these guys like they always got something going on every single day. So, uh, maybe what I'll I'll try to do is I'll try to maybe bring better awareness or or bring uh some more attention to some of these ideas as they happen because I mean this one on team is sky daddy I that's over 50% on like basically 50% on a single call, you know, and that's just in one week. Like for some people that can be a couple hundred bucks. That's just like that's like that's just nice easy money, you know, and you've got
2:06:45sort of someone holding your hand there to kind of help you out. So, um, with regards to Sky Daddy's Teeis trade, I'm just going to post this in here so that he's aware of that and that you guys are aware of that there is a potential garlic, but the garlic doesn't complete for another five more dollars. So, you still have five more dollars to get to this harmonic completion. And you could probably make the argument that it would want to test the daily 200 as well, which is an additional $7. So, there's still lots of room left on this thing. Lots and lots of room possible room here. Sky Daddy and it's Sky Daddy alerts. There we go. So, there you go, folks. A potential little garlic that would give you a little bit more leeway or a little bit more runway for this to continue a breakout. So that trade could turn into a big one there. Yeah, his crypto trades are [ __ ] Yeah, Money Tanks crypto trades are cracked. Yeah. XRT, a GME basket ETF just bounced at the daily 200 EMA. All right, XRT. Excuse me, I got the hiccups. So, also bouncing at the daily 200 moving average on XRT. XRT keeps running into this like big area of resistance over here. I I guess we could probably move this up here and then maybe pull this down more like this. And then that would give us a little bit easier of a kind of I'll say chart on that thing. Wow. There's a there's like a weekly RSI wedge kind of sort of that's kind of sort of beginning to form. You guys see that? It's not I I don't uh What does the 4 hour look like? Nah. Nah. I I think I would choose to ignore this in most cases. I I think I would choose to ignore this in most cases. And I think I would choose to ignore this one as well. [sighs] But that it just there's just a just a little just just [ __ ] just a little there. Just a just just maybe worth just keeping a little eye on. Not maybe probably not worth trading, but worth keeping an eye on, especially again as it's bouncing at the daily 200 following that golden cross that it's had here on
2:09:30the daily time frame. So, here's a let me just get rid of this stuff here. So, here's a golden cross and then here's kind of like your first test of the daily 50 that obviously we failed. And now here's like your first test of the daily 200. So, this is going to be a pretty important spot. I would also probably argue maybe we could pull a more meaningful fib from like the low of this to the high of this and see we're probably right at a 382 in between a 382 and a.5. [sighs] So, I guess 85 is probably like your wall or uh sorry, your line in the sand. You know, if you slip below that 85, probably no bueno. If it stays above it, that's probably a positive. All right, so that's kind of what we got going on there. That's kind of what we got going on there, folks. [laughter] Roof is just out here, man. Roof roof really just out here. It's so funny. Yeah, he's he's Dude, he's he's really out here just doing the most. [laughter] Yeah, he is being silly. He's cracking out. He's cracking out. All right, let's see here. Yeah, the EMA strategies are pretty awesome. Yep, I agree. Have you seen the fib time zone? Oh, I forgot to do Bill Jeets fib time zone. I forgot to do Bill Jeets. Currently in the time zone is off. Could you do a GME power discussion? So, all I really have to say, Bill Jeet, is we are watching the center line of the Ballinger bands on the daily as those daily Ballinger bands have stopped squee Well, technically actually uh they are still squeezing. Earlier when we were up to 19 they were flat but now that we're not uh they are actually squee it's slight it's very slight but they are from a technical perspective they are still squeezing so we're just really looking for price to stay above the center line and then I guess as far as the options orders and activity is concerned we didn't really see a whole ton there was obviously some net negative call premium but a lot of that was due to these $3 deep deep deep deep deep in the money calls for 2028 December that were being sold. And I'm not looking or viewing that
2:12:01or these $5 calls as bearish. I'm actually kind of viewing it from the perspective that perhaps someone was just selling these calls to collect some premium, right? And even if these got exercised or called, right? if these got called away and somebody was forced to take the shares uh or excuse me, forced to uh forced to sell the shares. I I I mean, the odds of that are absolutely [ __ ] astronomical. But I I I don't know. I'm I'm viewing this, right? I'm seeing these $42 puts continue to come in and these $42 puts that continue to come in for June 16th of 2028. We are stacking the premiums on these things. Like I I mean stacking like we we've got to be like in total the total bid here I I think that's for all of it, right? The total bid of this. So arguably contract sold is 520 or excuse me 575 versus 240 at the ask which I'm assuming ask probably assumes that they're going to be a purchase. So this is like over a 2:1 ratio. And in this scenario f 5 574 and the contract average is probably let's call it 2350 multiply by 100. So just those alone that's worth $1.35 million on those 42 puts. And uh as we continue, just like yesterday, which was also quite interesting, GameStop's net premium yesterday went from negative at its lowest. I think it was negative 500 orgative -600K and it actually ended up going almost break even at the day while the negative put premium was downg. Could we possibly see another scenario today where we continue to see put selling and then continue to see the call premium push back towards that zero line. There is a lot of positive things that are developing with GameStop. Again, the number one thing that we are just I'll say kind of having like difficulty with is we're still within that window. that window officially closes tomorrow. At the end of the day, tomorrow, the window closes. So, I think the closer that we uh I think once we get that window actually closed, I think that is potentially where we could start to see uh GameStop start to show a little bit more positivity and a little bit more bullishness. But for right now, the fact that the warrants have
2:14:54consolidated nicely, the fact that the share price has consolidated nicely within GME, the fact that we're staying above the center line on the Ballinger bands, I mean, there's a lot of like really positive things that are developing. So, developing is good and patience is great as we wait for that window to close and then hopefully Friday could kickstart something. And then I'm sure uh lots of you know this, but if you don't, Monday next week is a holiday. All right. So, with Monday next week being a holiday, uh I'll just say this, some of the best and biggest moves that we have ever seen on GameStop have actually sort of come on these short weeks. And if I'm not mistaken, I thought one of these was a holiday. Am I wrong? I guess I was wrong. I thought I thought this fell in a holiday. I thought I was close to this. 14 15 16 17 What's the holiday in May? What am I missing? Isn't there a holiday in May? What am I missing? Oh, there it is right there. Yeah, on Monday the 27th. Okay, so that Monday the 27th that we had off on May, that was the Friday that we closed the dilution and then on the Tuesday that's okay. So that's what I'm remembering is on the Friday we closed the dilution and then on the following Monday we gapped up uh 20 some odd percent. So that's what I'm remembering there. So I am to some degree hopeful that with the uh with that window coming to a close on Thursday at the end of the day, perhaps Friday could see some positivity that could potentially propel us over the weekend. Maybe maybe maybe some news happens. Maybe we get something. I no idea. [sighs and gasps] But I'm excited. I'm positive. I'm happy. And I'm just I'm I'm really hopeful that we could see something something happen. So that's what we kind of got going on there, Bill G. And hopefully that kind of prepares you or kind of gives you the the little thing that you were looking for there, buddy. It's an interesting situation to say the least. You know, there's just so many things that are happening and so many moving parts. Oh, I pray every day that Mr. Meow Meow comes back. Please, Mr.
2:17:46Meow Meow, please, Mr. Meow, won't you please come home, Mr. Meow? Oh, Mr. Meow. Ah, stock option on, stock option off. Stock option on, stock option off. Ah, Mr. Meow. Do you know how fast you were going out there, sir? Meow. Listen here, little whippers snapper. We'll see what happens, man. I'm I'm just I'm just happy and I'm really excited that there's like some positive things that are finally developing. I just think we got to get through the the last little portion of this window is the bonds and the arbitrator guys. Just [ __ ] dick around. Let them dick around. Who gives a [ __ ] But let's see if on that Friday we could finally see a little meow meow. You know, a little meow meow never hurt nobody, right? A little meow meow never hurt. Little meow meow. Never heard. Oh boy. [sighs] Let's go back to order flow. Uh let's check in on Oh no, that's not new. I thought this was new. Sorry. I thought this just came in. Sorry. I thought I liter I thought this just came in. That's my bad. Sorry. I thought that just came in. I got really excited for a second. I thought I thought it just came in. We're good. We're good. We're good. We're good. It's fine. We're good. So, this was 30 minutes ago. So, on those 42 puts, but yeah, the 42 puts are certainly there. So, let's go over to Unity. Checking on Unity. So, somebody keeps hammering down on these $18 calls like big time. Like so far 3.4 45 million. Like, yo, guys, um I'm a little nervous about my Unity put. Look, look at the premium that's flowing into Unity. Look, look at look at the premium flowing into Unity. That's That's got to be something, right? That That's got That's got to be something. That That has to be something. So somebody obviously large and in charge took profits here on the 12th of August. So somebody took huge profits right here and then once they took huge profits we haven't really seen the uh premium do much up until today. last I would argue last two days uh the premium has become significant enough that it's probably worth keeping a watchful eye on. Now the one thing I am going to note the little
2:21:04net volume on the bottom is really really weak compared to what we're seeing for the premium that okay that's actually kind of interesting. Why is that so low like that? I mean, it's even lower than it was here. So, the volume doesn't really seem to be there for Unity. What the [ __ ] This I got Okay, this one I'm not going to lie to you guys. This one actually has me a bit confused. What I find really interesting is whoever this Unity character is, he's doing it with the same expiration. It's the same December 15th, 2028 expiration as the GME ones. So, that's catching my attention like immediately there. It's just full. Dude, what the [ __ ] is that? Look at these 18 calls, guys. Look at the net premium here. Look at this. Look at the right side of your screen. Look at the number. Watch this. Look at that. 18 strike calls. Net bullish 1.8 million premium. What the [ __ ] is that? Okay. Uh I'm nervous about my unity put suddenly. [ __ ] [snorts] Yo, that like that that is a that's a massive order. 1235 contracts. That's that's a huge order. What the [ __ ] No, this is this is a weird one. Like look at the volume, right? Look at the volume that came in on the 30th of July on that first like really big pump. And then look at the volume that showed up over here as well. Th this is uh I would I I would think you guys should write that down. I I think you guys should write that down. And I think if you were trading puts and you were questioning whether or not you wanted to carry on, I think that might be a reasonable signal to move any and all stop losses to break even or profit or to even just consider cutting it entirely because that is not a [ __ ] like that's not a [ __ ] around order. That that that is legit. That's not a [ __ ] around order. That's that's significant. 18P December 2028. That's that's a that's a nonfucking around order. So, it's worth uh I I would jot that down on your watch list. I would jot that one down on your watch list. Let's um and and
2:24:08Kon, yeah, that was actually my thoughts as well. We also don't see much put premium since the 12th. Could the retracement be due to profit taking? That's uh that's actually a really good uh thought process behind that. I I don't hate that idea. So, this won't be on the 18, but the other stuff that you're seeing, I I do actually think you're probably right about that. Howard Lutnik says interest rates will stabilize and move lower over the next six months. So, there you go. Everyone that told you that they were going to raise interest rates, turns out they were wrong. Once again, gold and silver added over 700 billion in the market value over the last 3 hours. That's crazy. Jackie, when you have a moment, can you look at Plug? Yeah, I can take a look at Plug. And then SPY taking a little poop. Yeah. So, Spy taking a little bit of a poop because the market's probably not going to like the F. Watch gold here, too, by the way. I'll bet you gold starts to turn in a big way. Market's not going to like that. It's going to like gold. I'll tell you that. It's going to love gold. the fact that the government is officially signaling that they just don't give a [ __ ] about inflation. So, they're definitely going to care about that. So, watch gold and watch spy here. Is that just coming out or was that not was that like was that pretty recent? And then let's check out Plug and then the OI for you Jan 2021 45 and 47 is big. Okay, so we're going to I I'll dig into the options chain a little bit more there. Uh, but let's head over to plug quick and then I wanted to just take a quick peek at Chewy because I saw Chewy hit another new high of the day. Uh, 2409 and it's building a huge bullish engulfing candle, folks. Uh, Chewy is currently making an absolutely massive bullish engulfing candle. So, there's a big bullish engulfing daily candle bouncing off the center of the Ballinger bands, which is very, very, very [ __ ] bullish. I'm also going to mention something here. We don't talk about this too often. Uh but the 50 period moving average is going up and above the
2:25:59lower Ballinger band. That has not happened in a very [ __ ] long time. Uh that the last time that we saw that exact move was right here. And Chewy did see a pretty good recovery off of this gap down. Like that was a decent move. Nothing amazing. Uh and then the last time prior to that was over here. It was already in the midst of a downtrending move. So obviously that didn't help us whatsoever. And then other times prior to that when it happened, it was in the midst of an uptrend and it found support several times within the midst of that uptrend. Even if it did end up driving a little bit lower, a little bit lower, a little bit lower, a little bit lower, but it did end up finding and building support. So there's something to be said about how this is in the midst of an uptrend. And now Chewy has the 50 coming up quick to provide support and the lower Ballinger band coming up to provide support quickly. So, if it hits the indicator signal before earnings, common sense would dictate that you guys want to make sure that you're locking in some profits. All right. But, uh, yeah, I still I still think this looks great to that 24.90 and then we'll have to just see what uh what earnings brings. All right. Uh, the unity whale got me cooked in January and scared me out of buying support. Damn you, Unity Whale. Damn you. Then GameStop trying to make a little bit of a bounce back to 1886, which is the high kind of of this little uh mid afternoon session or late morning session depending on where you are. Checking in with the chat box. You 30 minute and 1 hour RSI wedge. All right, let's take a peek. Oh, and I forgot to look at plug. Okay, I'm going to come back to plug. Just give me a second. I'll come back to plug. you 30 minute or hourly R Sage. Let's take a peek. Okay, the hourly is pretty good actually. Yeah. Yeah, I don't I don't I'm not going to disagree with you. Nope, that is pretty good. That's pretty good. So, yeah, definitely watch that. Yeah, good call. [ __ ] me. Why are you making me want to get out
2:28:11of my puts? [ __ ] I probably should. I mean, it's trading at a low. The puts are at a high. If I show you guys here the unity 50ps, they hit another new high I think this morning. So the 50 January 2027 50ps. So that was the high of yesterday. So we are up over 20% and then assuming I can get filled on these, I'm going to try and get 1125 or 1150. I'll put in 1150 first and see if they give it to me. But uh yeah, no, this is uh that's just such a nice move so far. The puts have just like no [ __ ] liquidity whatsoever. Like we're talking like 10 to 15 contracts. So maybe I should have picked a a better strike at that stage, but it's all right. I shouldn't have too much troubles. And GME. Oh, there goes Chewy now. 2412 high of the day. 2412 for Chewy. High of the day. Let's take the Ballinger bands off. We don't need those on there for right now. We could probably get rid of the green circles as well because those are just sort of in the way. And yeah, there you go. So, Chewy still making a push towards that indicator signal folks at 2490. Uh just going through a couple of stocks that we have been watching or checking out here. So, 4% uh hurt 6% take two one and a half. So, take two making a little bit of a better reactionary candle following the harmonic unity uh creeping right back towards lows of the day. So, [ __ ] you RSI wedge. [ __ ] you, man. [ __ ] you. Uh, let's see here. Thoughts on Oh man, I haven't looked at Intel in a long time and I still got to look at Plug. So plug has rejected a daily death cross. So that makes me very hesitant about this. It is resting on the macro 236 which is a very positive thing. But the death cross test is no bueno. I would be very cautious about this I think for right now. I I I me personally, I wouldn't trade it and I don't want to steer you clear of it if you're thinking of it. I just want to put it into perspective. You have a death cross and
2:30:36you literally rejected both tests that this thing came up and had, including like after an earnings. So, I I it it makes me nervous. How about that? I It makes me very nervous. So, that's just where I'd kind of leave that unplug. All right, buddy. Um, can we please take a look at Fubo? Yep. Yep, we can take a look at Fubo. The best were out the money for you, Jackie. Yeah, I I that and I think that's why I chose to do the 50 is because everything else just looked weird. So, yo, Chewy is kind of picking up some more steam, folks. Um, all right. Fubo. Okay. Fubo. Fubo. Fubo. Fubo. Fubo. All right. So, Fubo. Um. So, it looks like we were kind of hoping that this would make a nicer inverted head and shoulders. And maybe it has. And maybe it's already in the midst of breaking out. So right now it looks like it's done a nice job getting back above the 50, breaking this weird little neckline. So I guess the next logical conclusion would be to try and get towards 1365. Looks like you've got a big fib time zone at the end of October to be aware of. So there's also that uh daily RSI [sighs] creeping towards the bull zone. So you definitely definitely definitely want to get in there. like for sure you need to get in there. Possible weekly failure swing that broke confirmation. Still below center, so you don't want to get overly enthusiastic, but uh it looks like you've got a decent one off of those lows. And I 1365 would probably be the next place I would look at. You're spitting facts in the Discord. >> Oh, nice. Good job, wifey. Answering questions about stock trading. Nice work. Yeah, but that's still stock trading. That's good. It's good. All right. Uh let's check in. Let's see here. Anything interesting with IEP? Uh every time I have looked at this thing, I have immediately said what a pile of [ __ ] it is. So, why don't we take a look and see? So, it had this nice uh deep butterfly that completed and it has had a reasonable bounce, but we're talking three [ __ ] percent. That's not even enough to wake me up in the morning, so I'm I'm not
2:33:14crazy about it. Uh I I just got to be honest, I have never really understood uh the lore with this thing, I guess. Um, I definitely understand the want of a dividend because the dividend uh is a pretty reasonable percentage. The problem that I have is that like people that are buying this stock trying to collect the dividend own like 14 shares. Like I'm not trying to be rude, but $7 like that's that's what you're holding IEP for is $7 every three months. Like that that's just a waste of your [ __ ] time. I'm not I'm not trying to be rude about it, but like really that's a waste of your [ __ ] time, especially as the equity itself is just drawing down every single [ __ ] week. So, I've never understood it. And I I see some of the symptoms or signs that perhaps are developing that could open the door for a trade. And you know, as soon as I [ __ ] say this, right, this is going to be where IEP finds a bottom. This will be where IEP turns around. This is where it'll go to [ __ ] all the way back to $50. And this is where I'm going to feel like a [ __ ] idiot for not having bought it. But this thing has to prove it. Any stock that I want to make a great trade on, it has to [ __ ] prove it. You got to prove it. Cuz if you don't prove it, I I I'm just I've been burned too many times trying to make trades on things that look like they got the nice setup. You know, Wolf, Tupperware, TT, uh, O. What other [ __ ] ones have we [ __ ] dusted? Hgen, you know, like I've been burned too many times on too many opportunities where the stock chart looked amazing, but I went against my gut feeling of the company being dog [ __ ] Now, IP has a big fat ass [ __ ] monthly indicator, but guys, it left that monthly indicator in May of 2023. it it's been 1219 or yeah, 1219 days since that indicator fired off. Yeah, great to want to aim there, but we got to aim there when it, you know, shows signs of reversals. And
2:35:31I I just I just don't I don't see it. To me, what the most simplistic thing to do would be is draw a fib from here to here. Once it finds it low, I'll look for it to break the 236. I won't even care that I've missed over 100%. I won't give a [ __ ] cuz I'll have those indicator signals up there and I'll say, "Listen, if this starts an uptrend, I can make a trade from here to the indicator signal and that's 270%." So yeah, maybe I don't buy the bottom, but it's got to prove it cuz this is too much of a knife catch. This is too much of a piece of [ __ ] for me to want to put like tangible [ __ ] cash into. But if it starts to show some signs of reversal, weekly, daily, harmonic, whatever, like, okay, then we can kind of start to talk. But right now, this thing is just a straight dumpster fire. So, that's how I feel about this thing. All righty. Hopefully that gives you a little bit of help there, sir. [clears throat] Yep. Yeah, exactly. Yeah, you got her. Didn't start moving good until it crossed the RSI center line. Yeah. Yeah. That's Yeah. Yeah. I'd say that's pretty fair. Yeah. Yeah. So maybe that that'd be a long time to wait for, but I like your idea. I definitely say that. Just uh realized that TE, which we've looked at a few times recently, has printed a death cross. [sighs] Yeah. Yeah. So, I'm not bullish on on that thing at all. Uh, matter of fact, I hate that [ __ ] piece of [ __ ] But you are definitely right that it has a big fat nasty death cross and that it rejected the living piss out of said death cross and then got absolutely disintegrated into Earth's core following that death cross. I did happen to mention that when it came up to the daily 200, I doubted whether or not it would break through that because we had three points of confluence right at that area. And now, ever since TE has had that death cross, it's basically going all the way back uh towards 52- week lows, down another three and a quarter percent today. So, there could be uh something in
2:37:51the midst of developing, but you're going to have to be a bag holder onto that thing for a while in order to get this harmonic. I think it's not even that clean to be honest. 733 is not a great number. So, yeah, right now it looks pretty tough. You lost the 236, you lost the macro 382, and now you're kind of running into this last, I'll say like little bastion of support that you have there on TE. The reason that TE is getting beat down is oil up, TE down, TE up, oil down. And if we take a look, right, US oil has had a fantastic run over the last, let's just say 5 days, pushing it up to these highs. And in that same period of time, you have seen TE push down. You you really don't want to long this thing if you guys are thinking that oil is going to continue to go up. This isn't the same as buying Exom that Exom tracks one to one with uh with oil. These like weirdo little energy kind of companies, they don't necessarily move one to one. And matter of fact, what we've actually seen is the opposite of that happen with TE Energy. So, uh, what what I would say on this one here is, you know, until we are bearish on oil or until oil is kind of at a more macro area of resistance, I don't know that I would want to be long on TE. So, that's what I would say on that one. That's what I would say on that one. Uh, the warrants, absolutely nothing. GameStop share price, absolutely nothing. Uh, unity. Is that a new low? Is that close to a new low? Is that a new low? Is that a low? Hey, was that close? Did we do it? Is that a new low? Hey. Hey. What do you say? Unity with a new low sense the entry. Huzzah. So there you go. That unity mean reversion trade it back into the weekly Ballinger bands, folks. Absolutely beautiful stuff. What I would probably argue now uh with regards to our mean reversion trade, first and foremost, we're going to seek out the uh we're going to seek out the 236 is kind of like the first I'll say macro area where we should consider locking
2:40:26in profits. So that first macro area is going to come in at 3770. All right. And then after that, we're going to have to take a a closer look because I imagine that this weekly Ballinger band might be like pretty close to here that could potentially provide support. So, uh, with Unity, you know, obviously I'm nervous about some of the options activity that we're seeing, but I I think we just, you know, you got to sort of just stay par for the course and read the chart. And right now, the chart isn't really giving us any signs or signals saying, "Hey, watch out." You know, right now the daily RSI is piercing the center line. We have the MACD getting dangerously close to uh actually going through the center line, which could lead to a very, very big momentum move. So, I think I think you know we just got to stay par for the course. Even if it's scary, you know that we could give back gains because we see the options activity. I think it's easier just to just to sort of wait out the storm for right now and be patient with it, you know, and then that's that's what I'm going to do. So, we'll see what happens. But, uh uh yeah, Hertz. Yeah. Um don't forget Hertz. The big thing with Hertz is that we are looking for that indicator signal that is millenniums away from where we are right now. So, we held the 236 so far, which is awesome. We've broken above the daily 50, which is awesome. Now, we want to see this [ __ ] turn and burn. We want to see this thing just it just boom right up here, folks. So, the indicator signal at 393, that that's where we want to see hertz. So, that's the idea behind that one. And, uh, big shout outs to the guys in the Discord that already had, uh, folks kind of in this one back at these lows. Uh, MAC B and Sky Daddy and CJ and I think there's probably someone else I'm forgetting. Please don't hurt me. But yeah, big shout outs to those guys, man. Big shout outs to those guys for that thing. That that thing has been awesome. What about tanker stocks? NATSBK. I can't say that. Uh I've really I
2:42:48they don't sound familiar. So why why would you be uh and I'm just asking I'm not sorry if the tone of my voice sounds shitty or whatever, but I'm just asking what what makes you want to be bullish on tanker stocks? like what what specifically about like macro conditions is making you say like, "Oh man, I I think we should be long on on these things because such and such." Um, I do see there's a potential bearish uh bat on this thing on a big macro time frame, the weekly. It looks like that completes at about $8. So, watch yourself on that one once it gets to $8. Not that it just has to go there and stop. Just be attentive to it. Okay. Don't hurts me. Nice. Hey Jackie, that crazy divvy stock Vizen actually worked out. I bought three shares, got the $15 divvy, and the share price did go down, but has recovered and I'm posit Wow, really? It did recover. Hey, that was one of the scenarios we outlined was that it could recover after that big dump. So, it was 50. So, 45% it dumped. So, man, you could have walked away with only like 5 to 10%. I mean, I guess it worked, but it would be a very minuscule profit. But I'm I'm stunned that it worked. So, that's pretty cool. That's pretty cool, I guess. Eh, so let's see here. We have been on for 2 hours 44 minutes, folks. It's a beautiful day outside. The sun is shining. The weather is warm. The summer is still here. We got to take advantage of it. So folks, I think with that I am prepared to sign off for the day. I don't have too much more intelligent to say. So thank you all guys. Thank you all very much for uh for tuning in to today's show. It has been a great one. It's been a blast. We've had many things to talk about. Lots of different uh stocks and opportunities and tickers and stuff to go through. We're just kind of closing out the end of this week, the final week before uh Labor Day long week. And uh yeah, that's kind of where we tend to see some liquidity come back into the market. And we'll see what that brings us. I can't uh I
2:45:08can't say that it looks overly positive right now, but uh you know, we'll worry about that when we kind of get there. So, that's what we got going on, folks, today. Thank you so much for tuning in to today's stream and guys we will see you tomorrow for Thursday.