besides this bear market the is taking toll on every security traded in the stock and crypto markets. Look at the volume of the last pump from July 21 to Nov. It seems that based on low volume that pump was artificial, which leads me to believe that it could see furthermore down side until buying pressure is back on and bulls in control.
Hear me out! Double bottom on $AMC stock with previous support at the $20 level. I do see a reversal in the next few days. Many puts are expiring out of the money on Jan 21. Could see a gamma squeeze. NFA do your own DD.
You would think that with this long weekend we can see a spike in crypto market. To understand the current situation you have to understand what is going on with liquidity in the financial markets. Hedge funds are in desperate need for liquidity to cover some short positions that retail piled into during this year. Yes that would be what they call " meme stocks "....
