$AMC - Parabolic Curve, Base 3?
Been trying to do more research on Parabolic Curves but am still a noob so please correct me where needed. It looks like we're in Base 3 which is the most volatile and most porfitable base. As we can see with todays price action (6/3/21) , the massive swing low and highs that occured from MM's and media FUD made it the most volatile yet. This suggests that we may indeed be in base 3 and a good time to scale in on the swing lows as we have a high probability of going even higher. In the 15m Timeframe, we can see what looks like an Ascending Triangle forming. I have made some possible outcomes that may or may not happen, we'll see. I'm still long on this and have great conviction that it will continue to go higher after some more consolidation. The fact that what happen today should tell you that the shorts and pooping their pants and doing anything they can do to try and make you sell. This also tells me that we are close to the actual "short squeeze". Do not be discouraged of the volatility that is happening right now. All we need to do is simple, buy and hold. Let me know what you think apes.
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