Id like to better understand your rational behind an 80+ price. Thanks alot
UnknownUnicorn1043646
⋅
@Patl66, Please see my GME analysis my friend. They are identical!
competitiveOat55772
⋅
Well now we know, who ever put negative comments for AMC are HFS ball lickers. We need to identify all HFS ball lickers.
UnknownUnicorn1043646
⋅
@competitiveOat55772, There's no need to attack them. What's happening right now is probably unbelievable to newer investors
Patl66
⋅
I'm getting really nervous about this price action. -25% in 2 days. Do anybody think it might be time to sell? im new at TA but i know what -25% represents.
mfariello
⋅
Now i know this is a joke. Your wave 3 is way too short. It will 95% of the time be a 1 to 1 extension of wave 1
mfariello
⋅
Or is this a joke?
mfariello
⋅
I had 242 shares of AMC at $5.42. I let them go yesterday when the bull flag broke at $9.79. Then my retarded self thought a measured move down to $8.80 would be a good rebuy back in. picked up another 27 shares. So I'm sitting on 269 shares as we speak. $ I think $80 is sooo far fetched, because it has no reason to go there. I was hoping for at least a gap fill at $12.97. Why on gods earth would you think we are heading into a wave 3 right now? AMC was only a buy down in the $5-6 range because of the manipulation of the hedgefunds and the possibility for a squeeze. I'd like to know why you think your analysis is true if you wouldn't mind.
mak337
⋅
I'm agree with you to $35, though I don't see a spike there before Monday. Less clear after that. Given volatility, this could play out as a leading diagonal with wave 4 crossing back into wave 1. I am holding long April calls. Best of luck!