AMC showing some pattern development that could be significant indicator of higher prices. We got our trusted Gann Lines- and the alternate harmonic patterns showing some reliable confirmation for upside potential. This kind of trade is not for the squeamish. Set your stops (to those people).. the price action could get jerky. However long term I see significant upside.
Trade active:
Trade entered 11.89
Comment:
If price gets over 12.30 on good volume- that's a good break out.. We have not done that yet.. so stay tuned.
Trade active:
If no action above 12.30- price could come down to 10:25 ish -if so reset. Set your stops.
Trade active:
We got the pop up... expect some retrace.. markets are responding :)
Comment:
Up a whole dollar within 2 hrs of initial call! Intermediate target 13.55 then to 14.90
Comment:
AMC price needs to stay above 12.88 to be long.
Comment:
AMC relaxing a bit, but should find support at 13.50-13.55 area. Good re-entry point for late participants in this equity.
Moorsc0de aka Crypt0nomics aka Zaphkiel
