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Volkswagenshort

Will History repeat itself? With uncertainty in the air the market not just AMC and other memestock in general is panic selling. Major general market as well is bearish, such as the SPY for example and including stocks like NFLX had recently suffers a lot downside. However I think this is the perfect catalyst for AMC short squeeze imo. Will 2008 Volkswagen occur again this year? Nobody knows. If we are to fall to $14, or $7, AMC may experience a long consolidation before a rally again. Bad for swing trader, daytrader that are bullish, but good for shares buying at lower price.
NYSE:AMC
by gojira91
1
VOLKSWAGEN @ daily @ BreakedUp of (15 month old) triangleUntil the market VOWD trading between MONSTER GAP of 143.55 & 160.20 (sep`15) again traders have still to overcome only one hurdle. The MINI GAP between 141.40 & 142.45 (which was created between last trading day `15 & first trading day `16) & 1st Quartal`16 high (139.35). All in all VOWD got a flat year 2016! And therefore have a argusauge on the downside, that the breakout confirms :) Yesterday moday close was 139.55 VOWD 139.35 1st Quarter`16 high 137.50 3rd Quarter`16 high 136.60 4th Quarter`16 high (before breakout) 134.25 & 133.35 little JULY GAP 1133.50 & 132.75 little NOVEMBER GAP 132.55 & 129.45 little JUNE GAP 130.70129.40 little JUNE GAP need to be defend - to get enough power - to rise into MONSTER GAP back again (while 1st quarter`17). Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
FWB:VOW
by Devise2Day