HUGE spike coming for AMC stock
On the hourly we can see a clear diamond bottom reversal pattern. The breakout of the $23 level before market close was very bullish to see and the VIX FIX is flashing bottom signals.
I am looking for a very strong rally once we can break and hold above $26. The next levels will be 32 and 44. A dip to $21 is still not off the table, however.
I am looking for a very strong rally once we can break and hold above $26. The next levels will be 32 and 44. A dip to $21 is still not off the table, however.
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.
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.