$AMC $8 squeeze imcoming! HSBAF
Updated
$4 support has been taken out.
currently at $5
LEVEL 1 resistance @ $5.33 (fill gap from 02.01.23)
LEVEL 2 resistance @6.80-6.90 (take out YTD highs from 02.06.23)
TP @ 8.50 for strike (12.01.23 highs )
EXP 4/21/23. As soon as we get over $8.50 or even above the $7.75 range more volume will push this stock higher.
AS LONG AS WE DO NOT RETRACE UNDER $4.50 I HAVE FAITH THIS WILL TAKE PROFIT.
currently at $5
LEVEL 1 resistance @ $5.33 (fill gap from 02.01.23)
LEVEL 2 resistance @6.80-6.90 (take out YTD highs from 02.06.23)
TP @ 8.50 for strike (12.01.23 highs )
EXP 4/21/23. As soon as we get over $8.50 or even above the $7.75 range more volume will push this stock higher.
AS LONG AS WE DO NOT RETRACE UNDER $4.50 I HAVE FAITH THIS WILL TAKE PROFIT.
Note
we have reached $8! THIS IS THE LOADING OF THE ROCKET SIGNALING THE SHORT SQUEEZE.
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