AMC continues to get rejected after death cross.
Updated
A final rejection at the .382 will present a high probability of AMC dropping to the next fib.
Price target is 26.00
Price target is 26.00
Note
I misspoke when I said death cross. I am not talking about the the MA's. I am talking about the line of death aka .382 If it falls under and gets rejected the MA's will fall apart and will confirm a bear trend. This also has two more trading days to complete so take a breather. I am neither bull or bear. I play what the market gives me.Trade closed: stop reached
Well... I knew something was gonna happen based on the price action... I changed my position into 34.00 calls and racked 105%! Woot position closed! I'm rich bitc....
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.