Posting for myself. In a support zone. We'll see how this pans out.
Check my last posts. We're still in the ascending channel and will probably be a slow week in it till the .618 ($11.20) level. Either break above and create a new support or hedgies will hammer us with sells to weed out the impatient
If you by chance seen my last post, I'm liking the Fib levels that have and are continuing to get touched. For kickers, I'm just Ape with a past obsession for charting Forex pairs. Wild how with everything going on behind the scenes, AMC is looking promising. Let breakdown why.. Analysis on a 4hr candle chart with a range of roughly 45 days. You can peek at...
I'm not real trader, justa guy who likes to draw on charts and find cool stuff. That being said, we say a test of the .618 Fib level (yes i know some people may use fibs different) but we tapped and decended back to our mid range S/R. Today we may see a drop back into the ascending channel and if we close above the $8 mark....we're in for a ride baby
Support and Resistance zones holding. Upwards tranding channel was respected this morning a few minutes after open. I like the stock and I'm riding the long term