With how volatile AMC is right now, technicals aren't always in our favor. It's likely we will see one of two scenarios happen tomorrow.. Diamond hands & FOMO would be the reason we end up GREEN tomorrow. Paper hands & FUD would be the reason we end up RED. Pick your pick.
AMC broke its high set in the previous short squeeze back in January 27th. Unlike the price action back on late January, AMC is not in a short squeeze. There are still a huge number of shares being borrowed against AMC. We just need to keep holding and make it more expensive for these firms to bet against AMC. Before we see a meteoric rise, we must first...
Idea for AMC: - AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze. - The price action tells it all... Analysis: - The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have...
Video update and technical analysis on $AMC REMEMBER THAT VOLUME IS YOUR BIGGEST INDICATOR