I see a cup and handle pattern and tried my best to draw it/LOL
Earnings 8-6 AMC
The 50 MA has crossed the 100 and the 200 but the 100 is barely below the 200 in the daily time frame
5ma cupping up to cross up and through the 10ma
Stop is your tolerance under handle low or under mid cup level.
Hypothetical Break out is over prior high
Targets are 140 to 155
Target 2: 155 to 165
Take a look and be safe
Earnings 8-6 AMC
The 50 MA has crossed the 100 and the 200 but the 100 is barely below the 200 in the daily time frame
5ma cupping up to cross up and through the 10ma
Stop is your tolerance under handle low or under mid cup level.
Hypothetical Break out is over prior high
Targets are 140 to 155
Target 2: 155 to 165
Take a look and be safe