Orcishruler

Orcishruler Updated 

AMC volume has dried up. We have fallen $12 with barely a hopped and we are in a total bear trend now with only the 200 EMA left. The apes can cry and blame everyone else for the price action but and the end of a day, a stock that has 40X in under 12 month needs to come back to earth at some point. That inevitable D-day is looking closer and closer each passing day.

Orcishruler Updated 

If you're in this name, you mostly likely should get your head examined. A movie theater company that isn't expected to ever make a profit again is worth 22.4B. If you want to do a "short squeeze", you need multiple billions of dollars which the apes don't have. I have been surprised how long these apes have been able to hold up with Ponzi for this long but these...

Orcishruler Updated 

Today we definitively broke the 443 level and if you draw the upward channel based on closing prices, we've closed outside this channel which has been in place since May. We've also closed below the 100 EMA which we've bounced each previous test of the bottom of the channel. I predict we continue to sell off to this 435 level and then bounce to retest the 100...

Orcishruler

We have negative divergence on the RSI, CCI and MACD, with the MACD giving us a death cross on the 4hr. We will definitely retest the 28-30K level, and I predict bitcoin will eventually hit 18K before the end of the year. The 2017 chart almost looks identical to today except in a shorter time frame. If you want to buy here, you obviously hate money. Sorry to be...

Orcishruler

This is a pyramid scheme. Get out while you still can. This is a scam, so don't fall for it. Good idea to stop taking investment advice from people on the internet. Didn't your parents ever tell you, don't believe what you hear from strangers. I guess these Apes (aka. Marks) haven't learned this valuable lesson. SAVE YOURSELVES!!!!! AMC will declare chapter 11...

Orcishruler Updated 

I don't think I have to tell too many people with any investment experience that no stock this worthless can have a price this elevated for too long. I've compared this rally in AMC to Dogecoin and on the 29th day, after doge's first peek we saw the start of its 70% correction. I predict just like Doge, this is the beginning of the end for AMC. CCI pointing down...

Orcishruler Updated 

With today's volume being 42.83% of its peak on June 2nd and after we’ve broken to the downside of this wedge, this will be the end to the June 2021 pump and dump of AMC. The MACD giving the clearest of day sell sign and CCI about to cross the 0 line we know this stock will be back to where it began, in the $15-$20 range. I know I’ll get a ton of hate from the...

Orcishruler

The RSI is giving a clear bearish divergence pattern and volume has dropped to 3.6M which is even less than when we were trading in the $160's. No one is buying and earnings are coming up. I wouldn't want to be holding this stock when retail investors might be busy with other things as the US and Europe are reopening.

Orcishruler

Experienced a strong 45% short squeeze after breaking to the downside within a 70% correction from the January peak. Looking to test the mid 4’s over the next 3 weeks. A strong close above the 200 EMA could signal a reversal.