WEN BREAKOUT? Long

AMC Entertainment Holdings, Inc.NYSE

Description

⋅ Nov 30, 2021 2:12 PM

I see 2 scenarios. Either we break out the next time we test the bear trendline or we will a break at the end of the pennant. The end is at 31st. I personally see the first scenario becuase of the long term bullish trendline from 2020 november.

Comment

⋅ Nov 30, 2021 4:46 PM

Or this scenario fall below and skyrocket back up

Comments

Dirk_Diggler007

⋅ Nov 30, 2021 5:38 PM

Unfortunately this didn’t age well

BopItBuyItHypeItSellIt

⋅ Nov 30, 2021 5:44 PM

@Dirk_Diggler007, Well. We have been warned that we would dip extra hard just before a squeeze. Just look at VW 2008. watchoutshorts.com/volkswagen-tanked-for-five-days-before-the-great-short-squeeze-in-2008/

BIG_BAKER

⋅ Nov 30, 2021 9:27 PM

@Dirk_Diggler007, dont matter what happen midterm, the bigger picture is more important. Amc could go to 50 tomorrow you never know