Simple trend analysis of $AMC.
I'm seeing many similarities in Jan-Jun as I am in Jun-Oct. If cycle theory is true, we could see a repeat of the last two squeezes playing out on the $AMC chart in November.
Will this be enough to trigger The MOASS?
Only time will tell.
Here are some zones to ponder for NASDAQ:AMD next week. I have some larger bear and bull scenarios, but this is my little short term sliver of FRIDAY NIGHT FORESHADOWING.
Bullish in the blue, bearish in the red. Beware fakeouts!
Get on board, buddies!!!
-- patrick
I am yet to own any stocks in this company. I stumbled across it by chance and thought I would share what I found.
What we are looking at here is a solid uptrend, which then turned into a consolidation period.
After which, it tested its (0.210) resistance line twice. Before dropping back down to test its (0.125) support line again.
I am thinking this could be a...
