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sealteamsticks
Apr 29, 2021 6:50 PM

Gap fill before next leg up?  Long

AMC Entertainment Holdings, Inc.NYSE

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We have officially closed the gap caused by Monday's 14% move to the upside. RSI is heading back into nuetral territory and short interest and utilization are still sky-high. Net outflows are showing very few sellers at about 3.8% and 50% of activity is coming from dark pool trades. In my opinion what we are seeing is the short sellers' final stand. they have nothing left to lose so why not keep attempting to drive down the share price before being forced to cover
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