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AMC stock blasts off, should you strap on to this rocket? How to trade short squeezes

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Traders, today we’re covering another one of these stocks that folks in the live trading room have been begging us to cover for years. Long considered GME’s little brother, AMC Theaters stock ($AMC) is once again moving in tandem with the Gamestop flying off of the return of Roaring Kitty. Squeeze season has

However everyone in the know will tell you that in spite of how similar these two stocks seem to be on the surface the underlying setups and fundementals are very different. AMC has had a rougher time of the past two years, enduring the SAG-AFTRA strike, multiple stock dilutions and even a reverse split. Still retail traders hold on to this stock hoping for a bigger squeeze than 2021. Before Roaring Kitty’s return it seemed this stock was destined to play out like BBBY.

Now that it’s moving up again, everyone wants to know if it’s safe to buy. At Turbo Option Trading short squeezes are our specialty, we know what to look for in a juicy setup. In this video Tommy Trader gives the rundown on AMC stock.

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