Heikin Ashi on the monthly interval.
We have 4 days left until the next candlestick appears.
The theory to my strategy is that. As long as the body of the current candlestick stays above the $2 price line, the next candlestick should open above the $2 price line within the 4 days till next candlestick appears.
If the market opens above the $2 price line in 4 day’s, we could see a potential bullish market between $2-$3 in the next month candlestick.
I say this because when you look at the wick of this current candlestick, it tested near $3.
I do still consider AMC in a sellers market until it passes my $3 line.
If it continues past $3, my exit would be between $7-$10 .
Since the body of the candlestick is above $2. I use it as a support. From $2. My S1-$1.70, S2-$1.50. My resistance is R1-$2.30,$2.50.
I’m optimistic for bull, just consider that you can still make money shorting the stock and holding long or making calls.
We have 4 days left until the next candlestick appears.
The theory to my strategy is that. As long as the body of the current candlestick stays above the $2 price line, the next candlestick should open above the $2 price line within the 4 days till next candlestick appears.
If the market opens above the $2 price line in 4 day’s, we could see a potential bullish market between $2-$3 in the next month candlestick.
I say this because when you look at the wick of this current candlestick, it tested near $3.
I do still consider AMC in a sellers market until it passes my $3 line.
If it continues past $3, my exit would be between $7-$10 .
Since the body of the candlestick is above $2. I use it as a support. From $2. My S1-$1.70, S2-$1.50. My resistance is R1-$2.30,$2.50.
I’m optimistic for bull, just consider that you can still make money shorting the stock and holding long or making calls.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.