There are many bullish patterns and formations that can be found, wether cyclical, whyckoff, bullflag and more. All you have to do is look at the other posts, one different pattern that's hard to unsee right now, when you zoom out is a nice W pattern. W for Winning because AMC is a winning bet; today's earning announcement was crazy bullish. The companie's holding 1.8B in cash, they've opened more locations in good locations, debts are going down month by month, 73% increase in revenue compared to last quarter, consideration of starting a AMC production studio, popcorn business, crypto/NFT projects, (and more..) I honestly don't buy the shorting argument anymore, fundamentals are great. Really good stuff, Adam Aaron is doing phenominal. Mix the bullish fundamentals with the technicals (high SI% (MINIMUM 16-20%) , LOTS of shares on loan, heavy insitutional ownership (~28-30%) and at least 81% retail holding) and you're cooking yourself a buttery popcorn with extra salty shorts.
I am BULLISH! 🍿🦧💎👐📈🚀🌕
(Not Financial Advice, only my personal opinion)
I am BULLISH! 🍿🦧💎👐📈🚀🌕
(Not Financial Advice, only my personal opinion)