For today I am currently looking at the November job report earnings, which can determine the fragile state AMC is in as of right now.
Great fundamentals pushed the stock up yesterday regarding a bill being passed regarding government spending.
Take:
AMC is as of neutral position right now.
Bullish side:
Great put / call ratio.
Government spending bill passed.
Double bottom.
MAC-D and RSI looks to be bottomed out, but kinda too early to determine a likely scenario.
Following the Wyckoff schematic as of current.
Green Doji on the daily
Bearish side:
We could see more market volatility regarding the Chinese FUD. Which in my experience can affect other stocks in the market aswell.
Bearish pennant graph
Add your bearish preview here:**************
Not financial advice, but feel free to message if you guys find any bearish scenarios.
Till next time
AMC300 LFG
Great fundamentals pushed the stock up yesterday regarding a bill being passed regarding government spending.
Take:
AMC is as of neutral position right now.
Bullish side:
Great put / call ratio.
Government spending bill passed.
Double bottom.
MAC-D and RSI looks to be bottomed out, but kinda too early to determine a likely scenario.
Following the Wyckoff schematic as of current.
Green Doji on the daily
Bearish side:
We could see more market volatility regarding the Chinese FUD. Which in my experience can affect other stocks in the market aswell.
Bearish pennant graph
Add your bearish preview here:**************
Not financial advice, but feel free to message if you guys find any bearish scenarios.
Till next time
AMC300 LFG