Name: AMC - Tendies to the Moon? Looking at the TA
Uploaded: 2021-06-15T14:06:36.496436
Channel: ReadyFor401k
Description: AMC does appear to be breaking out of a Bull Flag. However, the momentum behind it will determine if it truly is a break to new highs. Going to pay close attention to the $72 high to see if we bounce off it, or break through it. Be aware of a Pennant Flag formation. Too many failed attempts to break through $72 and the price will collapse.

Trend Analysis Technical Indicators Fundamental Analysis apes AMC wsb bullflagpattern bullflagbreakout

trendanalysis indicator fundamental apes amc wsb bullflagpattern bullflagbreakout

AMC does appear to be breaking out of a Bull Flag. However, the momentum behind it will determine if it truly is a break to new highs. Going to pay close attention to the $72 high to see if we bounce off it, or break through it. Be aware of a Pennant Flag formation. Too many failed attempts to break through $72 and the price will collapse.

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