Quote:
Originally Posted by lewdog
Strong start to day with many good setups now fizzling out.
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When it jumped that way, I figured it was going to fall back, and actually the fact that AMC held 55 so strongly & GME nudged to close at $300 is very promising.
I've been watching the cost basis distribution & AMC is firmly entrenched at at least 35 that aren't selling. Hopefully over the week, it will fill to at least 40.
This is promising for preventing the bottom from falling out.
As much as the huge gains are awesome. Some pullback is healthy for going even higher!