RocketMan
2021-06-09

$AMC Entertainment(AMC)$My 2 cents.

AMC has been in a consolidation period since last Tuesdays big run up. As the symmetrical triangle comes to a close the price will break out up or potentially down. Tomorrow looks like it will be a down day until we bounce off the support level. IF we get a good bounce off the support we could break out up to the next level. A break out is typically the length of the flag pole, which should take the price up to around 88-90 dollar range. This is what big money will be waiting to see before they buy in. So we need to see LOTS of buying power when the price meets that level of support for the bounce. 


On the flip side hedgies can also see these same patterns and will try their hardest to break through the support level and cause the price to drop to find a lower level of support. The bears and bulls will be in an all out brawl late tomorrow and into Thursday morning. Who will you support? Who will win the battle? Which ever you decide to support! Will you see it drop tomorrow and sell, giving more power to the bears or will you buy the dip and lead the bulls to victory? The choice is yours.


Together we are strong. Apes unite! ???? Buy the dip!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • yapyap168
    2021-06-09
    yapyap168
    Follow your heart buy and dun massive sell.. Relax ?..... Dun Listen to fakw news etc
  • Jokerz
    2021-06-10
    Jokerz
    This says it all!!!! ShOrt interest is MUCH MUCH MORE than 11.2% . SHort hedge funds known this. APES ASSEMBLE. FIGHT FOR THE SQUEEZE FIGHT FOR FINANCIAL FREEDOM!!!!!
  • thefatboi
    2021-06-09
    thefatboi
    New apes that just joined this movement, do your own research & DD. AMC definitely has the potential for a short squeeze. Been in this game since Feb, i'm still not selling! #AMCtothemoon #AMC #GME
  • Edylc
    2021-06-10
    Edylc
    Do you mean there will be a sale tmr? ????? buying the dips!
  • Yckit2000
    2021-06-09
    Yckit2000
    Opportunity for more; just do it
    and hodl; no paper hands
  • SatoruGojo
    2021-06-09
    SatoruGojo
    buy and hold. simple as that!
    • RocketMan
      Yes. I am holding. Not taking out my profits
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