AMC has broken a lot of downside pressure. The breakout yesterday respected levels and aligned with price action and the technicals. From the technicals I believe the short squeeze and push price above $10 if there is no manipulative news releasing.
Comment:
Resistance at $9.15. I'm anticipating a pullback in that zone to 6.80. Price has held $5.48 area for some time. I placed some buy limits at $7.00
Order cancelled:
March 6 I sold in my long term portfolio. I should of short sold some put options. Absolute sleeper!