Although AMC experience strong movement today and yesterday. It is possible for AMC to retest the $38 tomorrow. What I like to see is can AMC retest $44 tomorrow and close it there? If so the weekly chart suggest a bullish breakaway. If not I will readjust. My conviction is that at first AMC was showing bearish divergence in the last 2 hours but the 1 min chart in the last 1 hour create a Falling wedge and double bottom. The last same hour in the 30 min chart which I publish could be a morning start. There is some volume incoming in the last hour. But nothing is for certain. Again we may retest the 38.50s again.
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This bull hammer could be just a bullish hammer reversal. Nothing is for certain.