$AMC #AMC
It was never forming to be a bull flag...or if it was, it broke structure to the downside. What has appeared is a descending wedge, which is often a bullish formation.
It is currently slated to come to an end around the announced earnings date, August 9th. Anything is possible with this stock, but I'm hoping this will be the long awaited breakout (to the upside).
It was never forming to be a bull flag...or if it was, it broke structure to the downside. What has appeared is a descending wedge, which is often a bullish formation.
It is currently slated to come to an end around the announced earnings date, August 9th. Anything is possible with this stock, but I'm hoping this will be the long awaited breakout (to the upside).