TradingView
TRADING-JESUS
Aug 23, 2022 10:44 AM

AMC Bottom Reversal $ Short

AMC Entertainment Holdings, Inc.NYSE

Description

we have to hold above 9.80$ to confirm the double bottom , and then testing the 14$ resistant , which tell us if AMC ready to go to the 20$+ again if we broke that resistant and hold 4h candle above it , and to confirm if the short are in control , if we got rejected at that resistant (14$), and potential break for the support 9.80$, and going towards the 7.70$+ bottom .
Comments
TooGoodTom
This is NOT a double bottom. What's up with you TA people pretending like the stock split didn't happen!? Your data is COMPLETELY wrong!
A_potential_trader
@TooGoodTom, It's a head and shoulders or its a double bottom and it's outcome is proven right there. Either way, short.
More