ThinkLikeaWhaleTLAW

AMC Up to 12.00 Then down to 7 or 6.00 range

做空
NYSE:AMC   AMC Entertainment
Not financial advice.
If you followed my previous analysis I called going to 10 well before it happened.
And now since the quad witching event occurred and the book makers can reset their books.
12.00 will be when they come in for the kill. Of they havent already on that big Green Day.
The dead cat bounce
Retail $ is counted on more than ever to keep this stock going up in price. Personally I dont see that happening amd expect further declines in the price.
Not seeing alot of reason to remain in this stock until it settles at a happy place.
Still good support at 7.00 range so let's see if that holds.
I'd be careful of any entries unless your shorting it
Seeing 6-7.00 range before any upswing.
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