@YTTheChartist β solid TA brother π₯ That multi-year falling wedge bullish broadening wedge on
$AMC weekly is textbook coiling. Measured move to $106β109 once it breaks higher? The geometry doesnβt lie after all this suppression.
But real talk β how does it actually launch with all that reported volume?
The Plumbing Reality: AMC trades 55-65% off-exchange in dark pools (recently ~58%). Lit tape (the part that really prints sustainable price) is the minority. High total volume alone doesnβt move it if itβs suppressed.
Retail does retail. SHFs do SHFs. Apes diamond hand through the noise and dilution trenches. No mass capitulation = persistent bid support that starves easy borrows on spikes.
Reported SI is down to ~59M shares (~9.7-10%, days-to-cover ~2.4). Borrow fees near zero. SHFs can carry it for now with cheap hedging, dark pools, and company raises cleaning debt box office recovery. Itβs sustainable short-term.
But the limits are real: It takes bullish candles rising lit conviction volume (exactly as you said: βit takes bullish to break bullishβ). Add options gamma ramp, strong catalysts (movies, debt wins, FOMO), and retail directing flow to the lit side β and the suppression cracks.
Apesβ patience turns this into a war of attrition. The wedge is coiled with years of energy. When the spark hits, the measured move wonβt be fake.
Patience pressure catalysts = the Kansas City Shuffle. Diamond hands hold the exits. πππ
$AMC #ApesTogetherStrong