Well it happened. Clean break below the bull pennant on increased volume and found support in the $33 area. This was also due to the market selling off so take all of this how you will.
nope, bounced off diagonal support/resistance from the previous run up and still in pennant
Lemontigre
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@jsnow1111, could you send a link for the chart where you are seeing this?
hypertrinity1
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@Lemontigre draw a trend line from febuary 17th and may 6th lows earlier this year and they line up perfectly with yesterday's bottom wick 👌
jasonrappa
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oh such hardship for AMC today. Buy some if you're interested in losing money
WillTMoney
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@jasonrappa, This joker has been talking garbage about AMC for months on end.. Who is "Jason Rappa" and why does he spam AMC chart comment sections endlessly? Must have a short position or daddy was a broker etc.. Is this your dad? EDWARD JOSEPH RAPPA?
jasonrappa
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@WillTMoney, Right now I am currently holding bearish puts on indexes and long energy stocks. AMC is just a hobby where I watch amateurs post silly ideas. I'm fascinated by the people who are waiting for magic to happen with this god awful company. Did you buy some more stock??