Now, now hear me out i'm not one of the greatest fan of meme world but heck this is lining up a very long line to a very profitable next couple of weeks. Now, bear in mind this is a phase and frenzy so could totally be shot down if the market makers decide to. Chart speaks for it's self.
As you can see AMC has formed a massive price channel. Each time it made contact with the bottom of the channel it was the beginning of a massive run gaining over 500% in very short period of time. After each run, price pulled back 50-55% and raced back to the top of the channel to repeat the cycle. The top of the channel is ~$200 Options expire 9/17 So what do...
NOT FINANCIAL ADVICE Bull Flag formation on AMC if it breaks through the resistance(s) (both flag resistance and normal resistance ), into a bullish/uptrend. Support - $42 Resistance - $43ish Breakthrough Bull Flag - $44.50 If falls through levels of support, sell signals should come from supertrends. If breaks through levels of resistance, should see...
se you all to the moon this bullish pennant is so massive and there are so high SI
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