AMC Bullish Pennant Still Holding - Monday 4/5ths Breakout
Updated
The damages are done, we are just playing the waiting game. The longer they drag this on the higher our chances of a margin call go, due to the increasing risk liability.
Low volume before the storm. Apes holding the float and price at $40.
Low volume before the storm. Apes holding the float and price at $40.
Note
Breaking out around the 4/5ths of the pennant, good upward sign and lead in to Monday price action.Note
Great Success. I think we test $90 this week if we keep the pressure on for the heavy Call volume this week. A lot of Calls will be looking to Delta Hedge this week.
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