AMC broke the bullish channel limit toward down. So far, the 50 percent Fib retracement is holding as support, if broken, It will see the 61.8% fib retracement as a stronger support.
Comentário
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As predicted, the AMC touched the 61.8% retracement which is 8.80 and rebound from there. If it wants to rebound, this is the rebound zone
but it won't. shorts win this. no squeeze in sight. time to move on. the HEDGIES have been doing this longer and WON'T let another GME happen. you can bank on it.
RayBarz
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@jcolburn7, who talks about squeeze here? These discussion are for reddit not here, here is a technical discussion we have based on market psychology and fyi, its market analysis not prediction. Predicting market is stupid no one can do that, not even hedges, all we can do is analyzing based on the moments and have our risk management ready all the time
karkusca
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@RayBarz, TOTALLY DISAGREE...when a share in the market is being manipulated this much in darkpool trading...charts only follow trends. Its been exposed exactly why it is doing what it is right now!!
RayBarz
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@karkusca i appreciate your opinion. but you saw my entry point worked perfectly and in fact i did buy at 8.80. i wish i would buy more
dsalvat1
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@RayBarz, so you predicted it with your market analysis, CASO CERRADO
TAO_TRADER_
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@jcolburn7, shorts win here? the stock is at 10.41 a share right now for a movie theatre company opening up its doors again. They have 1,000s of locations and the market cap is the same as UFC currently.... They are worth much mroe than the uFC. They are worth more than 5billion currently. If they ARE NOT then they are CLOSE TO IT.... THEREFORE, the price wont drop much below this price currently becuase it is their average fair value. would you like me to private message you in a month if your "bank on it" statement goes wrong?