AMC Entertainment
Updated

AMC - Tiny bounce or big bounce? Are the shorts satisfied yet?

95
Price at my predicted bounce point just as I am typing this.

Painful to watch.

All the influencers baiting people to stay in the trades, and selling a dream.

They could easily leave their trades "open" while they do a opposite trade on another account to hedge/"close" their positions. Probably did so at 70$.

People. Learn to trade. Learn to read charts for yourself, that is the most powerful thing you can get.
Note
A sympathy bounce to 45.4 is possible.

Why 45.4? Because it is a 1:1 risk trade. The safest traders are the ones who get rich, the richest are the ones who can move the market.

snapshot

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