AMC Short Squeeze Incoming
On April 4th, around 1pm, a member on X detected a 5 million dollar order and posted it. The volume and the move also shows up on the chart within the 5 minute time frame. The price ticked down to 2.98 and a sell order was placed for 5 million dollars at 3.00, as soon as the order was placed, the price ticked back up to 3.00 and the entire 5 million was bought within seconds. This signals the bottom.
This stock has been shorted by hedge funds, but according to Webull, it has the highest retail investor interest out of any stock in the market right now. Truthfully, apes got played on the way down and a lot of them are locked in up to 250$, so a $40 price target is very attainable, they will HODL and cause this to eventually moon, as long as the market continues to rise leading up to the elections. Short squeeze incoming.
This stock has been shorted by hedge funds, but according to Webull, it has the highest retail investor interest out of any stock in the market right now. Truthfully, apes got played on the way down and a lot of them are locked in up to 250$, so a $40 price target is very attainable, they will HODL and cause this to eventually moon, as long as the market continues to rise leading up to the elections. Short squeeze incoming.
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