Almost back to weekly support
!! Not a Financial Advice !!
In the last post (linked below) I explained why it is important to regain the weekly uptrend.
I have seen crazy numbers about AMC. The exchange reported short interest sits above 20% for the past days, the utilization is almost 100% (all the shares that can be used to short the fook out of AMC are already burrowed out) and the earnings peek preview looks to be good,
I am pretty positive. I hope we can win against the hedgefooks
In the last post (linked below) I explained why it is important to regain the weekly uptrend.
I have seen crazy numbers about AMC. The exchange reported short interest sits above 20% for the past days, the utilization is almost 100% (all the shares that can be used to short the fook out of AMC are already burrowed out) and the earnings peek preview looks to be good,
I am pretty positive. I hope we can win against the hedgefooks
Note
well thanks to the CPI data the break above trend has not happeebed yet... look how the price action stopped at the horizontal resistance levelNote
Almost confirmed the trend reclaim...but missed by a hair :( lets see what brings us the next week
I am the defender of the retail against the wolves of the wall street
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am the defender of the retail against the wolves of the wall street
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.