AMC looks like it will go onto a gap-filling rampage over the coming weeks and months.
I have highlighted all gaps (red lines) that need to be filled from $3.00 to $37.00.
I would expect AMC to get to hit anywhere between $6-9.36 before a reversal back to $3.00 then a new bull run.
Long term Trendline: it appears both
GME
and
AMC
have broken their 3-year downtrend and started a new cycle.
Volume: Lots of new volume entered today and the first for a couple of years. Confirmation of a reversal.
Charts don't look like much, but provides clear targets
AMC
could take out in the neat future.
I have highlighted all gaps (red lines) that need to be filled from $3.00 to $37.00.
I would expect AMC to get to hit anywhere between $6-9.36 before a reversal back to $3.00 then a new bull run.
Long term Trendline: it appears both
GME
and
AMC
have broken their 3-year downtrend and started a new cycle. Volume: Lots of new volume entered today and the first for a couple of years. Confirmation of a reversal.
Charts don't look like much, but provides clear targets
AMC
could take out in the neat future. 