So I was toying around with the idea of a Wyckoff Distribution theory for AMC because I noticed that the price was failing to break resistance. I believe that we are in a Phase E Wyckoff pattern. Needless to say, I believe there is further downside. Long term I am bullish. Let me know what you think.
Note
Today, we could be at the final stage
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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.