Scary gains ahead??
$AMC Entertainment (AMC.US)$ just a theory with a super Q3 earnings report I notice the entire market dipped and the companies reporting solid numbers are bouncing back. this could be the moment shift AMC needs. i know we’re tired of hearing about just buy forget until it starts to squeeze. i hold for market justice so I could care less if it went to $1. but if u compare the last two run ups the charts are scary similar in shape. AMC is gonna forsure post a a much better quarter there no doubt. when the market buys back in it could be the catalyst for the next leg up. keep a close watch as earnings is coming on the 1st. if in it we could see a run. if u not look for a solid swing cause I am about people making them dollars too. not everyone is for the cause. much love have a safe weekend. ps. figs posts earning on the 11th. watch for that trend to start reversing as well.
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Betterthangold : AMC would have to find support above $62.50 to even initiate a gamma squeeze. I’m not sure where ideas come from?
pickeringmatt OP Betterthangold : Idk how u know that. I said I didn’t think was a squeeze but a leg up based on fib extensions I would look at 81 to be next ath