Simple AMC Call Options Trade - for small or large retail investors looking to capture a potentially strong upcoming price surge
I have placed this trade based on the following factors I like most
a. 'Bull flag' technical analysis, decreasing volume, and consistent higher lows
b. Reinforced positive retail investor sentiment especially after an 8-day-in-a-row price gain, word spreads fast and many retail investors are keen on a potential breakout soon
c. Short sellers may have over-shorted the stock and so the upside may amplify as a result of short positions covering creating further buying pressure
Please leave comments, I hope my trade is helpful for new and seasoned investors who appreciate concise simplicity
I have placed this trade based on the following factors I like most
a. 'Bull flag' technical analysis, decreasing volume, and consistent higher lows
b. Reinforced positive retail investor sentiment especially after an 8-day-in-a-row price gain, word spreads fast and many retail investors are keen on a potential breakout soon
c. Short sellers may have over-shorted the stock and so the upside may amplify as a result of short positions covering creating further buying pressure
Please leave comments, I hope my trade is helpful for new and seasoned investors who appreciate concise simplicity