AMC: Whats not to love
Updated
We are continuing to respect support in this pennant as well as a nice fib channel. Shorts have been playing every trick in the book. Rerouting buy orders to darkpools, converting bonds to shares and shorting for unlimited downside pressure and yet we continue to march along strong support towards the apex of the pennant. Im expecting a move to 80+ within the next two weeks. Threshold securities list should help expidite the process as shorts are drowning in FTD's and have nowhere to get shares. dont listen to the noise or bother watching intraday manipulation. Know what you hold and stay the course. Good Luck all and happy trading
Note
forgot to mention that we also successfully closed the gap and $49
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