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marcosdaunte
Oct 27, 2021 10:14 AM

AMC (2-day prediction).Β Long

AMC Entertainment Holdings, Inc.NYSE

Description

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AMC 2-day prediction:
Price should stay within or above the green triangle, the R.S.I should stay within or above the green triangle as well.
Price should then follow either the black or purple bars pattern (ideally).

related published idea linked below:
Comments
guruncapital
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Working out
marcosdaunte
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@G-Class, after adjusting the green triangle and descending channel things are moving nicely within the expected trading zones! πŸ™πŸΏπŸ“½οΈπŸŽ¬
guruncapital
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Looks like dead for now
marcosdaunte
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@G-Class, it does seem it have fallen a little. Price is still (basically) within the descending channel though, It has also fallen below the red line (symmetrical triangle trendline). If price falls anymore, I may consider exiting my position. But, I am still hopefully that price will go up (by tomorrow most likely). AMC is not only getting into the Crypto Market space, but with the addition of theatre only releases, things are looking Bullish (in my opinion).
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