If we take a look at the January chart, we can see it took AMC about 3 days to reach $25 from $5. That is 5X!
Volume on January 22-27
22nd - 265 m
25th - 434 m
26th - 393 m
27th - 1.2 b
Volume on May 13-18
13th- 294 m
14th - 206 m
17th - ?
18th - ?
If history repeats itself, AMC would reach $50 next week. And this would just be the start.
Remember, nothing is guaranteed in the stock market.. but it's scary how similar these charts look.
Volume on January 22-27
22nd - 265 m
25th - 434 m
26th - 393 m
27th - 1.2 b
Volume on May 13-18
13th- 294 m
14th - 206 m
17th - ?
18th - ?
If history repeats itself, AMC would reach $50 next week. And this would just be the start.
Remember, nothing is guaranteed in the stock market.. but it's scary how similar these charts look.
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