@Jayvanceee1313, Im not here to teach Plebs TA. I am showing you a bullflag with a target, that should be obvious. If I give TA, thats a bonus. Do you even chart bro? Id love to see one;)
importedAprico5944
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I'd love to see 100! Higher then that i think indicates the market is broke. If you believe our financial system could be slightly corrupt and people naked shorted a few times the float to profit off a failing business (what better example then AMC!), maybe that's possible!!! But even then, the SEC and other corrupt regulators will come in to bail out the criminals.
gencollado
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@importedAprico5944, AMC has been shorted at least 2x its current float thru synthetic shares. These synthetics will need to be bought back at market price.
ChartProphet
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That's the hope, as long as the marco holds up, however, I expect a crash this winter.
ChartProphet
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@importedAprico5944, I do believe you are correct about bailing out, or perhaps the Macro situation (like SPY, DJI) will correct to the downside and AMC will be done. However, the target for the bullflag is there.