Massive breakout awaits AMC stock
Updated
Looking for a big break of the $20 region with significant volume to confirm a reversal back to the $40 level. Last week, the price bottomed and closed above the 200 weekly moving average, on a weekly scale.
I am expecting a drop to around 15.80, and a gap fill at 16.06 before more upside continuation.
I am expecting a drop to around 15.80, and a gap fill at 16.06 before more upside continuation.
Note
Last small drop to the 15.20 area (golden pocket retracement) before more upside continuation.
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