AMC break out
Tomorrow should be very interesting.
Bull Scenario:
Price breaks wedge to upside - Quick move to 23.5 to 26
Bear case:
Breaks 20 support - drop to 18.5 and free fall below
Optimistically bullish going into tomorrow.
However, if price continues sideways trading in the low 20 range it will not be pretty. Low volume today due to FED announcements tomorrow, we need a large inflow of volume tomorrow. Good Luck.
Bull Scenario:
Price breaks wedge to upside - Quick move to 23.5 to 26
Bear case:
Breaks 20 support - drop to 18.5 and free fall below
Optimistically bullish going into tomorrow.
However, if price continues sideways trading in the low 20 range it will not be pretty. Low volume today due to FED announcements tomorrow, we need a large inflow of volume tomorrow. Good Luck.
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.