@TradesTrey I turned $900 into $263K in June of 2021, then quickly lost everything due to reckless greed. I am now disabled and living with family. We all learned a lot from what transpired. It was a pleasure trading alongside you. Still love you dawg. Appreciate the update and transparency.
Grain of salt, but again, it made sense for a reason. Figured I’d check max pain for shits and giggles and I wasn’t disappointed. At some point, this will no longer be relevant. But for now, with this low volume, I’d say it’s still worth checking up on.
Decent OI on the 06/10 $13c’s as well. Gotta wonder if the MM will let that slide. The 12p’s appear to be the weekly hedge for said 13c’s based on OI and flow. We already eclipsed $13 today. A dip beneath $12 with a weekly finish near $12.50 would make the most sense for MM’s.
Decent OI on the 06/10 $13c’s as well. Gotta wonder if the MM will let that slide. The 12p’s appear to be the weekly hedge for said 13c’s based on OI and flow. We already eclipsed $13 today. A dip beneath $12 with a weekly finish near $12.50 would make the most sense for MM’s.
Scenario #2 for $AMC. Micro ascending channel or “rising accumulation”. If it were to begin selling off in the AM, the stock likely wouldn’t catch the 30M EMA 200 until it had already broken the channel, effectively trapping it beneath support. Telling day tomorrow either way.
Our girl Amy has found herself in a similar predicament. I could make the argument that it’s actually an ascending triangle (bullish) but I believe it to be a rising wedge based off of the current data. A red day or two feels necessary in order to complete this sequence. $AMC
Our girl Amy has found herself in a similar predicament. I could make the argument that it’s actually an ascending triangle (bullish) but I believe it to be a rising wedge based off of the current data. A red day or two feels necessary in order to complete this sequence. $AMC
Was hoping we’d enter a channel upon breaking out of the macro falling wedge, rather than just getting trapped in another low volume rising wedge. Nothing is certain right now, but worth monitoring at the least. $SPY
Was hoping we’d enter a channel upon breaking out of the macro falling wedge, rather than just getting trapped in another low volume rising wedge. Nothing is certain right now, but worth monitoring at the least. $SPY
$AMC moving from the Russell 2000 to the Russell 1000 will be effective after the market closes on June 24 per the latest Russell reconstitution #AMC https://t.co/s8mlRkzfQG
$AMC has exited its nearly week long falling wedge. 6/10 $13c’s are being bought up. Now we need to see an uptick in volume starting tomorrow to confirm a rising accumulation.