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ReadyFor401k
May 27, 2021 5:03 PM

AMC - Don't forget about the Technicals and Fundamentals!!! Long

AMC Entertainment Holdings, Inc.NYSE

Description

Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and 30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the next GME. Play is safe everyone.

Comment

Look at where we touched!

Comments
TAO_TRADER_
hinting towards "play if you know what your doing " "careful " hints towards setting stop losses or locking in profits. This will hurt the squeeze because itll make it less volatile. We need violent down swings temporarily in order to get a bigger upswing.
moneyvikings
nice icon, can you hook a brother up?
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