norok

How far can AMC go?

Long
NYSE:AMC   AMC Entertainment
Kicking myself a bit for not picking up AMC on Friday following my own potential short squeeze research. AMC along with many others definitely showed up in the stocks with the highest float short. But... "a stock is never too high to buy". If you zoom out the chart it's clear that AMC is just now starting its proper Daily Ichimoku breakout. There are clear price inflection points at $10 and then $20. With the crazy meme momentum going on this week anything is possible!

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