BOOM! π₯ WHAT TO EXPECT FOR TOMORROW π₯ - AMC Stock Short Squeeze Update
403Today was a brilliant day to be an ape, with one of the largest daily gains for AMC since the 2nd June, a massive candle for sure, so lets recap the data.
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Today saw a near 25% gain for the AMC stock, breaking out of that downward trend after nearly 2 solid weeks of downward movement. We reclaimed the wedge and made our way back to $50.
We saw 165m shares traded, more than we've seen everyday for the last 2 weeks, we broke that $40 resistance and saw small movement in the short interest.
We saw the volume in the dark pool of net shorts continue to decrease and a load of call options move ITM and put options move OTM.
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