My previous analysis provided the means for a strong downward price action acting in as the spring phase, and clearly mentioned that it could probably even touch 26, which holds correct.
AMC is currently completing a wyckoff re-acummulation with spring schematic, where this will cause some investors to bail out from their current positions and one where institutions can buy in your same positions for their future profits. Allegedly, supposedly.
Now, as per analysis, this is expected, and we can have a strong mark up over the creek.
Accumulation is occuring on certain indicators such as;
OBV rising, as per this the price should be atleast more than 50$ but i guess not.
ACCUMULATION/DISTRIBUTION indicator below 0
MINISCULE VOLUME causing drastic price actions?!
And based on other options data,
Nigh 0.5 Put/call ratio, which is super bullish
and a decreasing max pain to early 30$ levels.
Now what all this means is that this is clearly not over.
Far from it and these hedgies are clearly fondling our testes to see if itll pop.
I personally am holding, and wont sell for anything less than 300$
Expecting this to be the continued trading range for the rest of the week,
Mark up on monday perhaps.
You may be wondering time to time, why these things run after hours. And this is all very complicated, as it depends on the communications between market makers and other financial institutions. This is all corrupted in my best of opinions, everything goes in accordance to the composite man (Also Allegedly, Supposedly)
Not financial advice
AMC300
LFG
AMC is currently completing a wyckoff re-acummulation with spring schematic, where this will cause some investors to bail out from their current positions and one where institutions can buy in your same positions for their future profits. Allegedly, supposedly.
Now, as per analysis, this is expected, and we can have a strong mark up over the creek.
Accumulation is occuring on certain indicators such as;
OBV rising, as per this the price should be atleast more than 50$ but i guess not.
ACCUMULATION/DISTRIBUTION indicator below 0
MINISCULE VOLUME causing drastic price actions?!
And based on other options data,
Nigh 0.5 Put/call ratio, which is super bullish
and a decreasing max pain to early 30$ levels.
Now what all this means is that this is clearly not over.
Far from it and these hedgies are clearly fondling our testes to see if itll pop.
I personally am holding, and wont sell for anything less than 300$
Expecting this to be the continued trading range for the rest of the week,
Mark up on monday perhaps.
You may be wondering time to time, why these things run after hours. And this is all very complicated, as it depends on the communications between market makers and other financial institutions. This is all corrupted in my best of opinions, everything goes in accordance to the composite man (Also Allegedly, Supposedly)
Not financial advice
AMC300
LFG