Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
Another funny observation... Weekly candle is nearly the exact opposite of the candle before Jan 2021 runup. I call it a Sledge Candle. Not quite a Hammer, looks more like a sledgehammer. Amc loves em'. Indicators point up. Delay till market implosion. $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
PMO 4hr & Daily still Bullish. Signaling bottom, & spring is loaded. Just need price to reverse and start moving higher. Pre 2021 Higher-Low on PMO Weekly before launch. 2026 is currently forming the Higher-Low on a massive scale. Epic Summer $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
Downtrend breakout 2019-2021, was instant. Downtrend breakout 2023-2026 still not seen. This is going to be of epic proportions. More decline? More time to Buy, & set positions, for less than the cost of dirt. $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
Price to Volume Trend tools, show the true Buying pressure of Amc. Despite nothing but a sea of red, since 2021, Volume & OBV, is way up, while price is at ATL. The biggest Bullish Divergences, the market will ever see. Choke on that. $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
Looking pretty close to reversal, no matter how you slice it. All Indicators point to inevitability. $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
They're scrambling for shares. Vanguard Group, as of yesterday, reported selling ALL of their shares. 30m shares sold. Are they finally done shorting? 🥒🥒 This is not just Amc, but also Gme, & other basket meme stocks. $Amc #Amc #AmcStock $Gme #Gme #Gamestojl
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
Amc just hit a new ATL RSI on Weekly. Thats a reversal signal of a lifetime, at ATL prices. Nevermind when it's below a dollar. The gains on a small move are ridiculous. Nevermind when it returns to ATH prices, and 42 gap fill. $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
Only reason Amc is below a dollar, is to get Apes to stop buying as often. 100 packs of shares, or higher. Someone must be getting tight on the liquidity. Since it's all getting recalled & market sucked it dry. Nvm Oil, & big companies getting dumped. $Amc #Amc #AmcStock
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Michael Burry 2.0
Michael Burry 2.0 @HedgieMcWedgie ·
More declining Volume, & Oversold again. Shocker. I don't think Volume can even get much lower, without risking it for a biscuit. $Amc #Amc #AmcStock
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