AMC Mighty Bull Flag - Drop or Fly?
We are forming a clear bull flag on 30 min chart on AMC
AMC is showing all the signs of a flag, such as gradual decrease in volume, and flat RSI.. indicating a trip to the moon or back to Earth soon.
Levels I am looking at:
Entry: 60.00
Stop Loss: 51.68
AMC has been very volatile, so I am sitting on my hands as much as I can before one of these levels are put to action. Possible puts if we drop below "Stop Loss"
AMC is showing all the signs of a flag, such as gradual decrease in volume, and flat RSI.. indicating a trip to the moon or back to Earth soon.
Levels I am looking at:
Entry: 60.00
Stop Loss: 51.68
AMC has been very volatile, so I am sitting on my hands as much as I can before one of these levels are put to action. Possible puts if we drop below "Stop Loss"
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