MaPaC

AMC Triangle on the 1H..will we break out?

NYSE:AMC   AMC Entertainment
Hey guys, WSB has sparked a revolution that will hopefully make things better in the future. GME not being finished yet, one of the other pumped stocks is AMC. As far as I know AMC should lag behind if things are to repeat itself. The shown triangle could break to the up or downside, but if it does (textbook-wise) it would be a huge move. Keep in mind this Triangle can be barely seen on the 4H, but I think with this ongoing fuzz volatility could play in our favor. As with all hot assets, be prepared for fakeouts -> tight SL and you might need to re-enter your position.

No financial advice, just my opinion.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.