MANY TRADERS / INVESTORS WERE CRUSHED WHEN AMC WAS CUT MORE THAN IN HALF A FEW WEEKS AGO. DO NOT DESPAIR! AS AMC WAS FALLING LIKE A ROCK, IT WAS SIMPLY SEARCHING FOR A WEEKLY HIGHER LOW.
WITH THAT IN MIND, IT MUST BE UNDERSTOOD THAT AMC WAS ALSO TRYING TO SET A DAILY HIGHER LOW COMPARED TO $31.15!
BULLS WILL BE EXCITED TO KNOW THAT AMC'S DAILY HIGHER LOW HAS BEEN SET AS OF THE CLOSE ON 07/23!
AS LONG AS THE $31 PRICE LEVEL IS HOLDING AS SUPPORT, EXPECT MASSIVE UPSIDE FROM AMC IN THE WEEKS AND MONTHS AHEAD!
ITS TOUGH TO SAY RIGHT NOW, BUT I BELIEVE THE WEEKLY HIGHER LOW MAY HAVE BEEN SET ON FRIDAY AS WELL. WE WILL KNOW SOON ENOUGH.
THE SHORTER TIME FRAMES SUCH AS THE 1HR, 4HR ETC... ARE IN CONFIRMED UPTRENDS AND WE WILL BE LOOKING FOR AMC TO CONTINUE BUILDING BULLISH MOMENTUM IN THE DAYS TO COME.
BUYING AT CURRENT PRICES PRESENTS AN EXCELLENT RISK:REWARD OPPORTUNITY. STOP LOSS SHOULD BE SET JUST UNDER $31 FOR A SWING TRADE POSITION.
GOOD LUCK TO ALL WHO CLIMBED ABOARD THE TRAIN, AND TO THOSE WHO HAVEN'T... ITS NOT TOO LATE!
COMMENT YOUR THOUGHTS AND OPINIONS BELOW! :)
WITH THAT IN MIND, IT MUST BE UNDERSTOOD THAT AMC WAS ALSO TRYING TO SET A DAILY HIGHER LOW COMPARED TO $31.15!
BULLS WILL BE EXCITED TO KNOW THAT AMC'S DAILY HIGHER LOW HAS BEEN SET AS OF THE CLOSE ON 07/23!
AS LONG AS THE $31 PRICE LEVEL IS HOLDING AS SUPPORT, EXPECT MASSIVE UPSIDE FROM AMC IN THE WEEKS AND MONTHS AHEAD!
ITS TOUGH TO SAY RIGHT NOW, BUT I BELIEVE THE WEEKLY HIGHER LOW MAY HAVE BEEN SET ON FRIDAY AS WELL. WE WILL KNOW SOON ENOUGH.
THE SHORTER TIME FRAMES SUCH AS THE 1HR, 4HR ETC... ARE IN CONFIRMED UPTRENDS AND WE WILL BE LOOKING FOR AMC TO CONTINUE BUILDING BULLISH MOMENTUM IN THE DAYS TO COME.
BUYING AT CURRENT PRICES PRESENTS AN EXCELLENT RISK:REWARD OPPORTUNITY. STOP LOSS SHOULD BE SET JUST UNDER $31 FOR A SWING TRADE POSITION.
GOOD LUCK TO ALL WHO CLIMBED ABOARD THE TRAIN, AND TO THOSE WHO HAVEN'T... ITS NOT TOO LATE!
COMMENT YOUR THOUGHTS AND OPINIONS BELOW! :)