AMC Shakeout
AMC Currently retesting falling wedge breakout on diminishing bearish volume.
RSI showing bullish divergence.
OBV breakout on 2 hour chart.
MACD overdue for a reversal on multiple time frames.
MM's just banked on cheap put options after running this to $34 and halting back down. Now they will gladly take your long calls that they trapped retail on for pennies on the dollar. This is the game!
This is a final shakeout IMO. NFA
RSI showing bullish divergence.
OBV breakout on 2 hour chart.
MACD overdue for a reversal on multiple time frames.
MM's just banked on cheap put options after running this to $34 and halting back down. Now they will gladly take your long calls that they trapped retail on for pennies on the dollar. This is the game!
This is a final shakeout IMO. NFA
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