Massive breakout awaits AMC stock
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.