Long with a tight stop Long

AMC Entertainment Holdings, Inc.NYSE

Description

⋅ Jun 4, 2021 8:11 PM

Good R:R. Creating a symmetrical triangle. Generally not a top pattern. Make sure to have a Stop Loss because if she dumps, she's going to dump hard. Targeting 85ish as the next stop

Trend Analysis Chart Patterns

Comments

Orcishruler

⋅ Jun 4, 2021 11:55 PM

We broke below during AH, where does this mean we're headed?

lukesturner7

⋅ Jun 5, 2021 10:19 PM

@j2goldsmith, My stop hasn't hit yet. Really could go either way, but my bets are still bullish

gencollado

⋅ Jun 4, 2021 9:29 PM

upward continuation to take it above the $100 level