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Re: A deleted message

Monday, 02/01/2021 2:41:30 PM

Monday, February 01, 2021 2:41:30 PM

Post# of 141342
It's human nature for many to want to blame someone/something else when actually the answer is just a mirror away.

There are two basic factors for any stock movement; technical factors and fundamental factors. Sometimes they work unilaterally, sometimes they work in tandem. When the technical factors begin to wane (and they ALL do), then fundamentals have to take over. There's still some technical factors (short positions, options, etc) that could move AMC a little higher however we're seeing from a technical perspective a set of lower highs each day now. EVENTUALLY fundamentals will jump back into the driver's seat. And from my point of view, that will happen soon (about another week) using GME's action as a benchmark which is down 25% today.
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