AMC - Don't forget about the Technicals and Fundamentals!!!

Name: AMC - Don't forget about the Technicals and Fundamentals!!!
Uploaded: 2021-05-27T12:03:04.920529
Channel: ReadyFor401k
Description: Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and $30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the next GME. Play is safe everyone.

Long

AMC Entertainment (NYSE:AMC)

Updated

NYSE:AMC AMC Entertainment

Trend Analysis Chart Patterns Fundamental Analysis AMC breakout buy swingtrading uptrend

trendanalysis chartpattern fundamental amc breakout buy swingtrading uptrend

Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and $30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the next GME. Play is safe everyone.

Comment:

Look at where we touched!

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