Ibro88

Ibro88

with the investor relations at GME, and the fact that they have not done anything new, have no future outlook, continue to lose money..etc. And also the decreasing bagholder sentiment other than a short squeeze hype, I think this stock is on a very very long downward path to extinction.

Ibro88

Volume and Price cap. Precision at it finest to fleece all investors collectively.

Ibro88 Updated 

Obv has been capped on run ups, sell off bring the obv back under that threshold. You need to see 50m shares trade at least on a single Green Day.

Ibro88

This stock was pumped only to get slowly rug pulled. The CEO and the Board do not communicate with investors at all, not a word about what the company is doing to grow, just cryptic tweets. It deserves to be shorted into the ground. Its going to under $10 before ANY meaningful movement up.

Ibro88

Ryan Cohen is a con man. He fleeced investors. This stock really sucks

Ibro88

This stock is tampered with way too much. Its pretty much dead until something crazy is announced by the con artist Ryan Cohen

Ibro88

First off, I am sorry for all those that wasted time and money investing in this company. We all have been scammed....by the internet, by the media, by Adam Aaron and the rest of the Executive Board. This stock is nothing but a giant blow off top. Shorts are in this play because they are more certain than anyone else is that this company will go bankrupt....and...

Ibro88

This SPAC is dead, they have raised the money needed and now its time to turn the bag over to the long term investors who held. You will be holding this for a lot longer than you wanted. This will end up like LUCID spac deal. Get out while you still can, this will go back to $20 level slowly

Ibro88

As you can see, this stock is highly controlled by robots. The house always wins, so I strongly advise NOT to buy call options. It is much safer to buy puts, especially if you are holding shares long term. CALLS on AMC 99.9% of the time will expire worthless, even if they are cheap. Bear situation, we break down below fib level. That's it this stock is finished....

Ibro88

Ping pong in this widening channel since the April 2020. This looks like a very long controlled squeeze.

Ibro88

I found a long term trend line that AMC has respected in the past. To the trading algorithms it acts sort of like a magnet for the price, either attracting or repelling. I've drawn out the Fib extensions based on past two week break out move. Including AH trading, the price seems to have fallen right on top of the tend line. I think we could see a pretty nasty...

Ibro88

The chart and drawing should be all you need to understand what I am seeing here. This past 2 week runup, we broke out from below the January 2021 high (Which was holding as resistance). The price was rejected at the (.382 fib level) and came back down to retest support at the (.236 fib Level). Todays candle puts us right at what looks like very strong support....

Ibro88

This doesn't need an explanation. You see todays candle. That should do it!

Ibro88

Todays candle indicates a reversal from the current downtrend. Todays candle found support at the June 1st level. I see that the buying pressure became much stronger towards the end of today. This could mean that tomorrows candle will fill that of the June 2nd candle, so long as the volume is there. I'm extremely bullish on this for tomorrow.

Ibro88

TRCH Chart