$AMC Entertainment(AMC)$To pro

2021-07-14

$AMC Entertainment(AMC)$To proof my point as a day trader. I studied the day chart 15 min to 30 min before opening. Read the statistics and informations regarding AMC. Draw up a plan to buyat opening with a cut loss price set at 36.50 and take profit at 37.80. Very tight but it’s premarket so I don’t like to sit on it too long. Relatively small position too. Risk reward slightly lower than 2 but I am ok. I don’t short AMC because I love AMCand the community. I support apes movement by buying dip. Some may argue that I should keep on buying and not selling. Only when you make money then you have the resources to buy more. AMC is a momentum play. We know when to fight and when not. I am trying to make money to buy more AMC shares at my preferred price. I like to wait for price action to come to me. I believe that the eventual squeeze will come. We are apes, not idiots or story-tellers. Have a conviction. Have a plan. I share because we are apes and we stick together

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