Moneymakero

GME/AMC similarities

Long
NYSE:AMC   AMC Entertainment
Thee two stocks look nearly identical. Both are completing their lower time frame fractal. I expect by the end of this week GME reaches 200 and AMC reaches 13. In my opinion, the squeeze is not over. Hedge funds are trapped. Interest rates for both AMC and GME are getting more expensive. They can't delay their covering of these two stocks forever. As of March 15th, 2021 GME and AMC have a short % of float of 44.60% and 11.02%, respectively.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.