PLMO huge, AMHC (round trip) gap fill alert intraday but shorted the last reversal period again. Not interested in anything else really, muting everything intraday especially prognostications of "huge rallies" going forward! These are just typical short covering rallies.
11.17 gap fill alert on AMHC and reshort in the last reversal period.
AMHC rally and short covering -
AMHC is taking out the declining 22.90 looks like we might get some more than just a bear flag rally if AMHC takes out 23 I'd even wait until 23.05 for a long position and cover and/or take profits in 50% of puts, like WSM (3 day short but not until it began to pullback from the intraday recovery on 3.18) which was stopped out today finally ultimately I think AMHC will be a swing short, but the first there is usually the gap fill attempt as shorters lock in profits.
TIP: when stocks are down as much as AMHC on earnings, the recovery is technical and is usually a good idea to let it recover, buy the recovery but short at the resistance because AMHC is likely to set up as a swing short somewhat like WSM and more like its peers THC, BEV, ODSY.
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