AMC forming a very nice Symmetrical Triangle, which is a neutral pattern and could go either way. However the down target is unrealistic without some very unfortunate news. The long target is $91.68. We have a daily MACD cross up about to happen as well. Great buy in spot with small stop loss if it breaks downward. I think this will play out by EOY. After earnings come out might take off!
They just want to drag it out to the bloody end ey? With interest rates and Infatlion peaking its head around the corner and innovation/adaptation for the future appearing in gossip/rumors.. 100$+ seems inevitable.
mickey9278
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@JNoob80 I 100% agree. It’s going over $100, I thinking after or maybe right before earnings in November. Before eoy in my opinion.