The Short Squeeze Continues! - AMC Stock Price Prediction - AMC Stock Analysis
AMC Entertainment stock rose 0.64% on Thursday. #AMC stock rebounded at $4.6 on Wednesday and retreated at $4.8 on Thursday, which shows that #AMC stock generated a lot of locked-in funds during the consolidation phase from August 28 to 30. Although this position is very close to the $4.6 position, it still formed a certain resistance to #AMC stock price, and it also reflects that there is not much money flowing into the market at this position. But this does not mean that the shorts have won, because long capital has intervened in the last three trading days, and the short squeeze will continue.
DISCLAIMER:
The content in this video and this channel are for educational purposes only. I'm not a financial advisor and it is your responsibility to do your own research before making any decision when it comes to your money and your life, this video does not constitute investment advice of any kind.