With all the excitement recently around the #wallstreetbets drama in #AMC many continue to chase the 'what if' and are looking at AMC as something it's not. AMC is the same company it has already been. Until AMC has a change in complexion in the chart structure -- the trend is your friend in the descending direction.
Until the market structure of AMC changes on the charts the sentiment remains the same. Everyone is banking on another short squeeze, but what if that never comes?
Until the market structure of AMC changes on the charts the sentiment remains the same. Everyone is banking on another short squeeze, but what if that never comes?