Those video charts may be very basic and highlight only a few hours of trading, or "time slices", but the reason behind them is simply to signal his group, who then pound back the pps. In themselves, they're worthless, but they help him get his dirty work done.
Absolutely no consideration for news or company events go into his scripted three minute video.
As far as where it's going, he only says, "we shall see".
He has a large group of paying subscribers, and the way a stock typically goes down after the video, they seem to have a lot of shorting power.
All IMO.
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