Chart posted 8-17-2021 approx 10:40am Was holding onto this one, but looks like we have a deep butterfly pattern forming. I would expect some pull back along the way, but if we can surprass the resistance points 38.22 & create support this could be an easy steal in this red market. AMC pumping while others are just stagnant. Set a stop- enjoy some gains. Take profit 45.15 mark. Then allow price to determine next move.
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possible retracement to 33 before we get higher ATR maxed out.
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Price must sustain over the purple line to be bullish... and support on the blue line to complete the pattern.
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Expect pullback to 36.00 before a rise back up. the big dawgs want some of this too... Anything below 36.00 is highly dangerous for long.
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Looks like market manipulation- the price just stagnant.. looks like it may be tomm or Friday opening bell- before the pop upwards. Expect possible gap up and sell off in the am.
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Never got the gap... market dumped... rejection at blue line... crazy because I stopped out 3:58pm on Wednesday. I shall regroup on this one. I dont think we have seen the last of AMC just yet.
Moorsc0de aka Crypt0nomics aka Zaphkiel