OMG! ๐ฅ WE ARE WINNING! SHORTS FAILED! LETS GO AMC! ๐ฅ โ AMC Stock Short Squeeze Update
499WE ARE WINNING, but what caused todays massive movement? the FTDs? the SSR? shorts covering? a mix of things? find out in this video. LETS GO AMC!
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This morning we saw some absolutely beautiful price action in the AMC stock, the hedgies were trying to scare us in the premarket with their short attacks, but us apes bought the stock and held strong.
This caused some MASSIVE candles, especially looking at it on the 4hr chart, this could potentially be the start of the squeeze as shorts are now stuck around the $40 mark, the $39 mark and even lower.
I imagine this was caused by a mix of some FTD covering, SSR, hedgies not being able to locate new shorts and the Ape Army finding the $39 price point DELICIOUS and couldn't resist buying more shares.
We actually also saw a positive news article for once, saying that the squeeze isn't over.
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