Completed head and shoulders on the inverse chart. Retest on the neckline would be the best buying opportunity.
Also, AMC has an inverse correlation with bitcoin. BTC goes up, AMC(meme stocks) will go down. Now, BTC is going down after hitting the .618 fib level. You know what's next.
No emotions. Just facts in the chart.
Also, AMC has an inverse correlation with bitcoin. BTC goes up, AMC(meme stocks) will go down. Now, BTC is going down after hitting the .618 fib level. You know what's next.
No emotions. Just facts in the chart.
Comment:
As I've mentioned on this chart, retest on the neckline is necessary. NEXT WEEK will be HUGE for AMC !!!