Mr_France

Mr_France

I see a lot of people on Stocktwits saying "25$ soon" or "max pain 22$". Zooming out on the 4 hour, seems like AMC actually found nice support at the 0.236 fib level (26.82$), I think we are simply range bound between this level and the 0.382 (31.50$) level until we get signs of a breakout back into our usual preferred 0.5 to 0.618 channel. Let's hope the key...

Mr_France

AMC with a phenomenal breakout today with a massive surge in volume. Daily RSI indicates that we are now in an uptrend, MACD also bullish. Let's look for continuation in this movement, I will consider taking some profits when the RSI gets overheated, good luck to all!

Mr_France

Price action stayed within the wedge this week, almost breaking out! With a little volume, next week could bring about a clean break and a retest of all time highs!

Mr_France

We seem to have found support at the .618 Fib level (orange line). Nice triangle forming, I'm looking for a big break in the weeks to come with new regulations coming into play at the end of August!