AMC Entertainment
Long
Zaktualizowano

AMC symmetrical pop coming soon... $20-$30

357
I was minding my own business and AMC came across my path, so I took a look at the day chart. I was ready to plan for a put, but saw a series of higher lows. So I drilled in for a better view on the 1hr & there it was as clear as day. AMC is getting ready to breakout of a symmetrical triangle. I have to play this b/c I believe that my chart matches the text book definition as found on Investopedia. Are you going to play it conservatively with me or all the way? Let's set some alerts and win.

Check the charts:
investopedia.com/ask/answers/013015/what-are-main-differences-between-symmetrical-triangle-pattern-and-pennant.asp
Uwaga
So it dipped. Looking for a steady hold above $50. Closed with inverted hammer Fri 9/10/21

snapshot

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