Using resistance as a new support. Cup & handle? if so, new resistance around $23.50
I don't see any short squeeze coming. Is it going to keep going with the downtrend or is it consolidating?
AMC two different scenarios. FIRST SCENARIO: WEDGE DOWN on 1 hour chart targeting $8. SECOND SCENARIO: Braking downtrend and starting uptrend on 5 and 15 minutes chart. Also Cup and handle on the same timeframe chart.
