This stock has been way too hot. Which is awesome, my calls printed every day this week. However, it's likely do to reverse, and this is due to possible volume exhaustion on the stock. How to tell if the stock is approaching V.E.? 1- Gap up on the chart. From Tuesday to Wednesday the stock made a considerable gap up on the daily chart. 2- Huge spike in volume....
$AMC #AMC It was never forming to be a bull flag...or if it was, it broke structure to the downside. What has appeared is a descending wedge, which is often a bullish formation. It is currently slated to come to an end around the announced earnings date, August 9th. Anything is possible with this stock, but I'm hoping this will be the long awaited breakout (to...
Since the double bottom formed and broke off, a bull flag has managed to form and is consolidating at around $38. Expecting a breakout to the upside unless... Lets see. 🤞🏻🤞🏻 This is my first posted idea, go easy. ;-)