Bailed out this morning for a small profit, wish I had dumped on the afternoon pump yesterday, but that's how it goes with speculative trading.
Anyways, the chart pattern is very bearish, similar examples highlighted, usually this means a gap down the next day.
Done playing with this for a while, I actually like playing this long so probably not shorting it even though tomorrow appears to be a down day. Everyone's gotta have a favorite garbage stock I guess, lol. Probably just because I made a bunch of money on taht first pop.
Anyways, the chart pattern is very bearish, similar examples highlighted, usually this means a gap down the next day.
Done playing with this for a while, I actually like playing this long so probably not shorting it even though tomorrow appears to be a down day. Everyone's gotta have a favorite garbage stock I guess, lol. Probably just because I made a bunch of money on taht first pop.
Note
I'd like to see a nice unfilled gap tomorrow so we have a target for the next pop up.Note
No gap but tanked anyways. No position.Note
My chart read says an up day tomorrow for AMC.Pretty substantial 2 day drop and tomorrow is options expiration
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.