AMC new major higher low, now just above the 50MA, broke the 7-day descending trend line.
If it pops above the 20MA, it’s a buy for me at $43.34 for a quick scalp, target 1 at $49.69 (high probability of resistance at $50 and retest of the ascending trend line)
If it pops above the 20MA, it’s a buy for me at $43.34 for a quick scalp, target 1 at $49.69 (high probability of resistance at $50 and retest of the ascending trend line)
📖 Read the book: "Day Trading That Works. For novices & advanced beginners. From $0 to $1,000,000 in 3 years."
💻 Read the blog: day-trading-that-works.com
💻 Read the blog: day-trading-that-works.com