30 Minute Chart As you can see, previously we dipped down 17% from $39 to $32. Then we went from $32 all the way to our current highs of $48 around a 50% gain. We have now seen a drop of around 17% from $48 to $40. MACD is also showing signs of crossover to upside. RSI showing a similar trend which we have hit the 30 level on RSI. In both RSI patterns we have seen a bounce back to the overbought region (+70 RSI). if we continue this pattern we could see another similar run up around 50% which would make for a 20 pt move from $40 to $60. Please let me know what you guys think ! All comments welcome. Leave a like if you enjoyed this setup.
I’m interested to see if the people who took part in the SPRT run (similar following) will roll those profits into AMC.
Only time will tell if it’s enough liquidity to get the volume it needs.
catzineco
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Looks solid, the question is that if we are going to need the same volume as the last run up, because now the stock is 50% higher than the last run up...
vexmachine199462571
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I have a similar prediction at between 59-62.5$ next run! Well done buddy, vouch for you!