Sorry for the messy chart. Simple: Short term bearish all of next week, pretty much just sideways but finishing the week, Sept 17th, at about 183 give or take $2. Could get bullish from there but if things don't turn around could go somewhere between 170 and 160. If things were to get bullish, which best confirmation of that would be to get back over 201, then...
Things look a little bleak, I almost considered selling. So I stared at my chart a while until it didn't look as bad. I don't post too many of these but I don't want to see you guys end up being a bunch of April fools, if you did sell I would try and buy back ASAP. None of this is financial advice, just what I'm looking at and would do myself. Mar 19 was the...
There is good support where we are, we got a good bounce here on the 2nd so clearly someone was buying here. I don't think we go lower, also price is in a falling wedge. As long as price stays where it is in premarket I say this breaks out early in the morning of the 9th, getting us back over some moving averages and putting price up around 7 or 8, maybe working...
I am not liking that the 8 EMA was resistance today at this point in the descending wedge. We got a good bounce on the 2nd there at $6, tried to stay above on the 8th before falling through, and having difficulty getting back above that doesn't look very cash money. I hate seeing that be resistance. But we haven't fallen into the former range we were in on the...
NYSE:AMC I got in at $5.70 2/12 thinking we were about to break $6.00 and stay there, jumped the gun. That huge gap from $10.16 to $11.08 is driving me crazy. Despite being in though I'm completely neutral about where this is going, we can go either way at this point. The 8 and 13 EMAs have been playing whack a mole with price since 2/1, but those faster moving...