AMC is currently following a bullish schematic to a tee. According to the schematic it is at the yellow arrow, just shy of a large rip upward. If this scenario plays out, expect a quick pull back then impulse up on higher volume. Notice how the pull bak to the 25 level is exactly to the 618 Golden Pocket. This chart is convincing, however a break of 25 would invalidate. Snipe from the corner : if this is valid there will be a full throttle rip on 12/22-12/23.
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.