Skai
2021-09-01

$AMC Entertainment(AMC)$AMC is going to the moon soon!

If you watch the chart, a cup and handle symbol has been formed; it's telling us that there's a high chance that the price will rocket. The short interest and utilization of shares to be borrowed are both extremely high, and thus it's making the shorts more difficult to attack us. Of course, they can continue to dig their graves deeper.

Although AMC is a short squeeze play, AMC's fundamental has been improving. The management has being coming out with ways to generate more revenue. Whereas, the lockdown restriction has been easing and thus more people are going to the theatres to catch the blockbusters on big screens.

You apes deserve the upcoming big win!

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

  • RahayuYunus
    2021-09-08
    RahayuYunus
    Identifying exit points is key, both to limit downside losses and to take profits before those opportunities disappear.
    • MonaMaMaReplyKingvect
      hmm
    • Kingvect
      Disagree, time a stock is not for everyone and is deadly if someone took your advise and try time it.
    • Skai
      True!
  • TradeInWind
    2021-09-26
    TradeInWind
    Looks like good news
    • Skai
      More good news await.
  • Cyberkien
    2021-09-21
    Cyberkien
    coming to break
    • Skai
      Going back up soon!
  • LeongSS
    2021-10-02
    LeongSS
    thanks for sharing
    • Skai
      You're welcome!
  • SPGoh
    2021-09-28
    SPGoh
    Exit too early
    • Skai
      Can get in position any time before the short squeeze.
  • Yingkie
    2021-09-23
    Yingkie
    Good read
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