AMC - PART 3- POSSIBLE BULLISH ASCEND TRI - SPEED FAN ARC/PLAY
All,
AMC far more interesting here if we can break out the top to confirm the ascending triangle. The two fakeout candles also make it seem this way. Looking like we of course would hit 68/70s on way up but the cap would be around 103ish maybe less FOMO. NOT SAYING THIS WILL HAPPEN. We all know how crazy the shorts are etc.
Other would be not fakeout candles and be bearish move down probably bad one.
PLAY = WAIT AND SEE AT PATTERN END
AMC far more interesting here if we can break out the top to confirm the ascending triangle. The two fakeout candles also make it seem this way. Looking like we of course would hit 68/70s on way up but the cap would be around 103ish maybe less FOMO. NOT SAYING THIS WILL HAPPEN. We all know how crazy the shorts are etc.
Other would be not fakeout candles and be bearish move down probably bad one.
PLAY = WAIT AND SEE AT PATTERN END