AMC
An updated version of the chart I posted yesterday which more clearly states the theory that we could be headed down instead of the commonly held belief that the post-earnings dip signals a turnaround to the upside. Ultimately, I'm very bullish on the future price action, but recognized a short-term (call it a week-ish) slip into the mid-30s which could cause some Apes to doubt.
I'm not offering a prediction, just acknowledging that Accumulation Man likes to shake out the weak and this would be a good way to cause some real fear just before the price rips like mad.
