I know #AMC has been nothing to look at, but sometimes you gotta stick with your gut. The four hour chart looking like a db but the bigger picture is if you zoom out to the daily or the weekly. Price has been sitting on the 4.00 level unable to break lower. Bigger picture price seems to have resest and is siittin on a previous order block. It may be wishful thinking but I think at this price it cant hurt. Long on AMC
@mrnikofrench, May be a little early to the party but at least I got good seats. I
BTC4Retirement
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My take on this is similar to yours. It's hard to tell when the bottom will hit - but it feels like we're coming close. Doesn't mean we can't still see 30-40% drop into the $2.50 range - but longer term (2+ years) I think we will look back at 2024 as the year we should have been DCA'ing into AMC. Good news is that I wont have to look back and say "I wish i would have..." because I'm DCA'ing as of 3/1/24. Lets Go! ;-)
pippin_aint_easy79
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@BTC4Retirement, You and me both Just grabbed another 100 shares today Let's Go. Thanks for the comment.
raybae1996
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Black rocks AI is going to get overly short this stock and cause a MOASS event that will topple hedge funds and investment banks. Potential losses on naked short positions are UNLIMITED.
AMC will only bottom when there is a catalyst. Until then, i expect -5% a week on average. Today we're down 7%, lol. It's a lead baloon.
pippin_aint_easy79
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@BTC4Retirement, lmao yea that hurt this morning hahah If you look at AMC on pyth exchange the is a gap around 2.00 Prob where it is headed Ill just buy a few more.