AMC coiling here near a key moving average after pullback from its initial move. Our premium indicator has giving 2 blue continuation signals + GME looks to be in a similar position.
Besides the risk of how volatile this name is, this play also has significant overnight risk. A realistic stop on the position is around 15-25% meaning the sizing has to be very low.
Besides the risk of how volatile this name is, this play also has significant overnight risk. A realistic stop on the position is around 15-25% meaning the sizing has to be very low.
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