AMC Short Squeeze | Is AMC Behaving Like Gamestop Did in the $500 Squeeze? 🚀

AMC Short Squeeze | Is AMC Behaving Like Gamestop Did in the $500 Squeeze? In this video I compare the GME Gamestop short squeeze that started in 2020 and evolved faster in January 2021, to the AMC suspected short squeeze we are currently witnessing or expecting. I compare the GME short squeeze short interest to the current AMC short interest but for a full list of what is compared in this video see below:

Short Squeeze GME vs AMC Comparisson:
1. GME short interest vs AMC short interest
2. GME short squeeze breakdown with time stamps and consolidation perios and percentages vs AMC.
3. GME short squeeze technical breakdown of when the short squeeze happened in january 2021 to the current AMC technical analysis breakdown.
4. Possibility of a AMC bullish pennant to the GME bullish pennant we saw earlier in january of 2021.

These two stocks are moving suspiciously identical with a bullish pennant forming right now in the 4h and 1hr charts. I believe the cosolidation for AMC is around 54 to 55 dollars with 55 dollars acting as resistance right now, we might be able to see a squeeze if we can break through the $60 mark again.

This video can serve you as a reaffirmation that shortsqueezes dont just happen quickly and it takes time for them to develope, also the drops and consolidation periods of GME are very similar to the ones for AMC so this just goes to say, that these two stocks are moving similarly and this just reaffirms the possibility of a short squeeze.

Remember: GME went from 3 bucks to 514 bucks, so its possible.

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#GMEshortsqueezevsAMC #GMEshortsqueeze #AMCshortsqueezeUpdate #AMCshortsqueezepriceupdate #AMCshortsqueezePricePrediction #AMCstockupdate #AMCstockpriceprediction
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Disclaimer: These videos are educational and for entertainment purposes and should not solely be taken as financial advice. Nothing I mention in these videos is meant to be a recommendation to buy or sell any stock, ETF, index, or cryptocurrency.

Видео AMC Short Squeeze | Is AMC Behaving Like Gamestop Did in the $500 Squeeze? 🚀 канала Brian Herwing