A final rejection at the .382 will present a high probability of AMC dropping to the next fib.
Price target is 26.00
Comment
⋅
I misspoke when I said death cross. I am not talking about the the MA's. I am talking about the line of death aka .382 If it falls under and gets rejected the MA's will fall apart and will confirm a bear trend. This also has two more trading days to complete so take a breather. I am neither bull or bear. I play what the market gives me.
Trade closed: stop reached
⋅
Well... I knew something was gonna happen based on the price action... I changed my position into 34.00 calls and racked 105%! Woot position closed! I'm rich bitc....
am i the only one seeing this trend reversal? inverse h/s new upward trend since beginning of august.
70$ by sept looks very do able
THE_1_PERCENT
⋅
@ary2001, Anything is possible with a meme stock! ;)
YoloSwag420LamboMoon6969
⋅
@ary2001, It's always possible. Institutional money is having a hay day with this instrument. They are playing a new game and taking retail investors to the poor house. A few will win but most RI's will fail. GL
zaremol
⋅
Citadel is really desperate shilling here
YoloSwag420LamboMoon6969
⋅
@zaremol, I am just a dude who plays with what the market has given me.
vexmachine199462571
⋅
maybe in afterlife lmao
alireza1357
⋅
lol
Wiggtonian
⋅
what is a final rejection lol?? FUD
YoloSwag420LamboMoon6969
⋅
@Wiggtonian, Confirming that the .382 is broken and we are in a bear trend.
70$ by sept looks very do able