All,
I think we are finally ending the AMC pattern here hopefully by 2022. Either way I see this being a big gainer. There is without a doubt I think an untested $20 play with little volume traded above it that will essentailly send 70-120% gainer (stock). Upside break I think it would cause a retest eventually of high 60s-70s.
I personally like the downside move it will create huge volatility, AMC call IVs will be dead low etc. Just make sure to sell if you need to don't hold it once it breaks it will be a bad break. We have already tested these others lows so a (lower low) long term will send us way further down than before. Remember the reason AMC is afloat is (higher lows over longer time periods).
Other than these 2 big plays I see AMC less and less as a trade vs hold or long term options which at this point is really risky prior to the big move. The close it comes to the end the trading range will die off.
I think we are finally ending the AMC pattern here hopefully by 2022. Either way I see this being a big gainer. There is without a doubt I think an untested $20 play with little volume traded above it that will essentailly send 70-120% gainer (stock). Upside break I think it would cause a retest eventually of high 60s-70s.
I personally like the downside move it will create huge volatility, AMC call IVs will be dead low etc. Just make sure to sell if you need to don't hold it once it breaks it will be a bad break. We have already tested these others lows so a (lower low) long term will send us way further down than before. Remember the reason AMC is afloat is (higher lows over longer time periods).
Other than these 2 big plays I see AMC less and less as a trade vs hold or long term options which at this point is really risky prior to the big move. The close it comes to the end the trading range will die off.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.