[Music] what's up YouTube it's your boy infinite gains and we're back with another gamy update video uh so yeah we obviously had to share delution news um and we dumped off that um so that was pretty brutal um but we did just drop back into our liquidity Zone found support there so uh we're not doing too bad it's it's it's nothing crazy it's nothing I'm not I mean I'm not freaking out about this stuff I mean I that's kind of whole reason why I was even making this video is like people were were really freaking out freaking out about this but uh so we had 28 mil volume today so probably tomorrow or the next day they'll be able to fully complete the the the offering uh so it's still the same idea last video it just changed the way that it looked so instead of this being your spring test and then you have you maybe your LPS up here at some kind of higher level you just came back down off this news into a secondary test so I mean the idea is still the same like you are going to head the $30 like regardless right so like this is like your ShakeOut period right spring ShakeOut and then you still assign a strength at 30 bucks and you go back into a markup period pass May high so um this like you're seriously like some in you're like in the last iteration like like I'm just you're like in the last iteration of this so um you know you're like you're running in a marathon and I don't want you to like you know you're you're right at the Finish Line you know you you see the ending and then you just dip so um I mean at this level the same idea from last vid stands like this level should hold you know worst case scenario like they continue to that ution into into tomorrow and we drop down to maybe the daily 200 but this is still for me a buying opportunity I bought the freaking dip um you know it's like if you're not DJing deing into weeklys if you've been DCA um if you've been you know having a a good strategy with your options maybe you're buying leaps out of the money maybe you're actively managing them like you shouldn't be freaking out about this and it's like we're perfectly fine structure still fine um um things like this happen I mean I didn't have uh dilution news in in in my in my cards but things like this happen so you know it is it is what it is at this point so on the 15 minutes we did bounce off our value area low at around 1931 um we did actually make it above this kind of high volume node here um so if we can kind of try to recover tomorrow um you know if they can announce hey we finished a dilution if we can make our way back up to you know finish the Gap fill you know sometime um at the rest of the week maybe next week or something like this but um really this area should hold this is I mean it just looks like to me this kind of secondary boom secondary retest you know off this off this dilution news cuz the dilution itself really wasn't crazy it was like 5% 20 mil shares like we could eat that up in a day or two and they you know raised another 400 bill cash um so we're still looking fine um you know maybe you could look at it as like hey we actually kind of retested this triangle here um if you want to look at that at this where like you're kind of you know retesting um this this kind of breakout here uh AMC it's still AMC didn't even care it was like I'm I'm good off all that stuff AMC didn't didn't didn't even care about it it was like I'm good um it's still trading in its pinning it's still um above its daily 200 SMA so it's actually 100 smas is curling up they're about 4 cents apart here so this green line is your daily 100 this this red is your daily 200 so this is a very bullish cross up of your 100 Crossing up above your 200 so that's we still have the same idea it should cross up you should break um you should break out of your your pennant pattern here you should break this midline which is also kind of your line of your head and shoulder reverse head and shoulder pattern here um like this you should break this midline at around $6 break up out of your pennant break this descending line here I mean it's the same ideas from last video guys like I I get it these Like These suck I mean you can't really predict dilution news so it is what it is I mean you just got to pick yourself up and and and brush the dirt off you know when I talk about you know the yof schematic it's it's not just a schematic about price action it's also schematic about psychology um you know when you come down and and you have a spring like this you know there's a lot of fear there's a lot of fud there's a lot of people freaking out man and they're like it's all over it's all over and then you come back up and then you have two ShakeOut periods and again people are really really freaking out so you know for me it's just like calm down have patience we're in the last little iteration here this is a marathon you know and you can finally see the finish line here so um you know if we even if we slip a little lower it's it's still fine we have the daily 200 of support I really don't want to break that um so that's something that you should be paying paying attention to but um I'm still of the same opinion um as my last video video yeah I didn't predict dilution or whatever and we dump so um you know happens um anyways that's that's kind of the whole video it's like just have patience at this point I know people are really really freaking out but I'm not I mean I I wake up in the morning have my cup of coffee and go out and and do the same stuff I do every single day I'm not not really worried about this stuff so anyways that's a whole update video and I'll see you guys in the next one peace out