BakedSpud32

AMC Descending Triangle

Long
NYSE:AMC   AMC Entertainment
Descending triangles are normally seen to be bearish, but in AMC's case the fundamentals, current hype and the company,s recent investment in mining company HYMC leads me to believe this is a bullish scenario. We've fallen out of a 9 month falling wedge but we still haven't exited the triangle. My prediction is that this will happen between now and mid- to late July. Hang on to your hats.
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