Dec 3, 2021
general Analysis
[1 min Read]
Working from fractals from the same time last year, seems to be leading to a repeat of the january run. 17th december options at 40 dollars look good on the open interest and cost is pretty good. A 11% recovery in power hour into close gives me confidence in a nice jump to 35 next week. Fundemntals Are getting stronger what with amc looking to maybe free cashflow for q4 The release of the first NFT for the new spider-man movie, which broke sales records in the first 24 hrs. Current short interest is 17.05%. with a possible retail ownership of 81% according to CEO AA, data on fidelity shows retail owning 58.2% unfortunatly this maybe incorrect as recent months have proven data to be far from correct. The options chain does show a lot of itm calls for jan 22 with 112k calls ITM and 352k calls OTM, PUTs currently sit at 56k itm and 260k OTM. I can see a 40-45 by 17th december and possible All time Highs towards end of jan, maybe 150-260. DD is vast and deep. heavy manipulation, squeezed same time as Gamestop with the further jump end of may to 72 dollars.