Keihira
2022-05-24

$AMC Entertainment(AMC)$One of the worst year in history of the US stock market. 2022 has spoken. Everything goes down in a sea of red. What can we expect in the later half of the year? 

Are we going to expect more disappointing news, earnings to come? Meme stocks are very easily manipulated by bear bosses, where we cannot anticipate the moment they would play the selling game. As you can see, the selling margin ends in approximately 3 days which means this stock face a bearish mode. However, how low can this stock face yet again? The last low was about $9.80 before rebounding back ( that's when the Fed initiaties further rate easing). And even before, when this share was suspended in April, this share was no more on a climbing spree, it plummeted all the way till now. Obviously, investors were questioning, why did this share plummet for no reason? Even the surprising Q1 2022 did not even interest the share from rebounding.

So how long will this share and the rest keep bearishing until, we cannot tell, because the bearish gaps looks too big to rebound.

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

  • MaShao
    2022-05-24
    MaShao
    will go back up one...
    • Keihira
      Very good question. When and what price are we even seeing?
  • EvanHolt
    2022-05-26
    EvanHolt
    Investing in fundamentally good stocks is the only thing we can do.
  • Keihira
    2022-05-24
    Keihira
    Everyday meme shares suffer the worst. Keeps dropping and dropping. Might as well declare bankrupt.
  • MR_Wu
    2022-05-26
    MR_Wu
    Market sentiment is indeed still relatively low.
  • ElvisMarner
    2022-05-26
    ElvisMarner
    This is not the time to approach AMC.
  • Asphen
    2022-05-25
    Asphen
    really really really bad
Leave a comment