Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and $30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the next GME. Play is safe everyone.
As always, please let me know if you see something I didn't catch.
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As always, please let me know if you see something I didn't catch.
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.