No more time for anymore TA at this point. GOD SPEED TO ALL THE APES. I bought my first 2 shares on december 9th of 2021. I expect news in premarket and it would fit percetly after the heavy beat down 'supposedly' caused by our very own Adam Arno.
He posted a two-page letter directed to the investors which caused a lot of backlash on twitter. People immediatly expected a dump, which imo was AAs objective. The people now had an explanation on why this beat down took place! I think the post was mostly pre written for this type of event. This is purely speculation.
I expect positive court news on monday in pre market which would then spark the next buying spree sening AMC higher.
Sounds good but why would Goldman Sachs name this exact price target. Is it really just fib levels or are they expecting retail to have their eyes on these levels? If retail expects AMC class A common shares to be trading at 175$, I would expect Hedgefunds (including banks) to dump a little before. 140$ maybe?
Or Could it be that they expect AMC+APE trading at roughly 17.50$ pre-reverse split which would take the price of the new AMC class A common share to 175$.
What I want to make clear is that we really don't know. We can only make guesses and predictions based on information we take in and we have to be honest now. AMC only ran in these type of enviroments and now that the narratives flip more bullish, it paves the way for the next meme-stock rallye!
I can't wait to hear from judge Zurn!
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EARNINGS!!!!!!!!!! WATCH OUT FOR Q3 EARNINGS!! THIS FEELS EPIC!!!
Liquidity squeeze pattern also the neckline support of the previous double bottom, if this region holds we could see a massive move back to the upside 🚀
Winks01
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@Profound_Ambition, how does the judges ruling in after hours factor into that?
Jayvanceee1313
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I guerentee you AMC will likely never even see $60 again...Let alone $175. Goldman Sachs did it so all of you guys would dump more money into it, which the banks and hedge funds will win back as volume dies down and people do not care anymore.
@Jayvanceee1313, Thanks for your comment. I also believe it*s some type of fish bait. I honestly expect 30$ until the end of the year, if not, then MOASS before. NFA. It*s my opinion.
xepymusic
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@Jayvanceee1313 why is it good for banks or hedges if people puting more money in it? 😂