I'm anticipating a dip at the bell Wednesday, followed by a climb to the 26.60 or possibly 27.60 area, completing the 4th channel cycle, before earnings.
Today's candle wicked above the blue line and closed just below.
If tomorrow follows this pattern, we should see a close above that $65 resistance area. It will be exciting to see what happens!
Suggestions are welcome in the comments.
The previous big AMC breakout was anchored around the US Memorial Day weekend, starting in the week before, and hitting a new all time high the Wednesday following the markets closed Monday.
Two sets of copied bars, one scaled and one not scaled. If Monday and Tuesday roughly track, maybe there is something to it, or maybe it will pan out to just be a silly...
