AMC - Watching out for 1 final Bounce / Double Bottom

This one is dead, until more zombies eat that new APE shit…

  • I believe this is a good time to end my tracking of this ticker.
  • AMC was my study since it first pumped in January 27, 2021, fueled by the GME craze.
  • This stock helped me learn TA tremendously.
  • Its management also helped me see into the showbiz of selling stocks.
  • This thread was mostly about TA and then some psychology around the price movements.
  • From everything I’m seeing now, along with my limited understanding of the new AMC Preferred Equity shares ($APE), it will take a much longer time for $AMC to break its recent high of $27.50.

I hope you made money along with us on that last batch of puts–suggested by the gods of Valhalla.
If you’re long on this stock, I pray I am wrong and wish you get your profits soon enough.

Closing this thread today.
Thank you very much for following along!

  • rexxxar

You can read the new thread about AMC’s new $APE shares here: