AMC Consolidating $38? Bullish or Bearish
What we have seen yesterday was a confirmation of a fake out Falling Wedge and then a surge to $41.50 before retracing back to $38.03. What I expect it is consolidating at $38. The question will it get reject on Monday and retest $33 again or it will go much higher.
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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.