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This video I go over AMC stock and Gamestop Stock. These stocks have absolutely gone crazy and what I cover is how the chart has supported both stocks. AMC has an amazing cup and handle chart pattern. GME stock did the ascending triangle breakout pattern, pushing higher every day.
Many are saying the AMC short squeeze will happen just like the Gamestop short squeeze. It first starts with a gamma squeeze and then into a short squeeze.
I think based on my AMC stock analysis that AMC will see atleast $13 gap fill. Yes, it can go much higher than that but first level is $13.
DISCLAIMER: SmarTrader is not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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