AMC Entertainment
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AMC - Basic S/D Zone Trade

97
AMC - Buy 49 > 56, SL 42

1:1 Risk Reward as usual.

Entry White

Green TP

Red SL

Not a trade I will personally make.

When buying stocks, even with my intended stoploss, my true stop loss is always 0.

49 > 56 is 15%, not worth it IMO.

It gets worse if I use the Daily timeframe which doesn't include the 42 post-market low.

Good study nonetheless.
Nota
A few more interpretations. Require too much mental gymnastics.

syot kilat

syot kilat

syot kilat
Nota
Whoever is willing to gamble for the next 2x, 5x, 10x - go ahead. Just be careful yea?

This reeks of GME.

syot kilat
Nota
Hmmmm, paper trade got triggered, let's see if 56 can be reached.
Nota
Paper trade failed. xD

Penafian

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