OK, so i posted this one earlier in the second red circle a dip of 29.4% is the exact same dip before the June sqeeuze. Ofcourse this is a bit speculation but if the cycle theory is true 37.29 is the lowest point. If this breaks I believe the cycle theory is BS. In the upcomming 9 days we should see some upward movement and beginning of October it should start...
Will see some sideways movement this week ! But AMC is getting stronger and could see some retesting on the 38 and shoot back up to the 49/50 area !!!
MY TOOLS FOR TECHNICAL ANALYSIS:
I. MOVING AVERAGES (SIMPLE, WEIGHTED, EXP)
IV. ELLIOTT WAVES PRINCIPLE
V. MACD (TO FIND DIVERGENCES)