This is my idea on how AMC would pan out.
after all, volume is only inflicted by purpose.
Enough people believe in the squeeze, but no catalyst to sending these apes pressing the buy button.
Theres a strong bearish sentiment within the market by far, and if we can get these prices lower so that the apes buy back enough shares at lower prices, could possible be the mechanics to cause the squeeze, somewhat in a week or 2.
There are more than enough FTD's flying around, not paid for and this sheer volume with the price reaching lower prices would be of perfect catalyst.
Death cross. MACD bearish, Stagnating volume.
All valid signs of weakness.
NFA.
after all, volume is only inflicted by purpose.
Enough people believe in the squeeze, but no catalyst to sending these apes pressing the buy button.
Theres a strong bearish sentiment within the market by far, and if we can get these prices lower so that the apes buy back enough shares at lower prices, could possible be the mechanics to cause the squeeze, somewhat in a week or 2.
There are more than enough FTD's flying around, not paid for and this sheer volume with the price reaching lower prices would be of perfect catalyst.
Death cross. MACD bearish, Stagnating volume.
All valid signs of weakness.
NFA.