$AMC Entertainment(AMC)$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.
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