A huge rounded bottom has been spotted on AMC.
⭐Neckline Resistance (30$) The 30$ level is a huge level when it comes to options. 33.5k Volume and 21k Open Interest.
⭐Short term rejection (25.35-26.5$) 7.86 Fib (25.35$)
⭐This rounded bottom pattern is valid due to its touchpoints being supported by large buying-volume.
⭐Once 30$ Is broken we face resistance at 33-34$, 36-37$, 38$ 40.5$, 42$, 44$
⭐The weekly options remain bullish (35$, 20k Volume and 25k Open Interest) (40$ 26.4k Volume and 58k Open Interest)
⭐Weekly close above 30$ signifies continuation.
⭐A Green 9 has been spotted on the TD-Sequential, this is hinting for a retracement (Normally 1-4 Candles)
⭐Watch for a break of the neckline (30$) with large volume.
⭐The target of the rounded bottom is 47$.
*WARNING* This thread is not financial advice. I am not a financial advisor.
⭐Neckline Resistance (30$) The 30$ level is a huge level when it comes to options. 33.5k Volume and 21k Open Interest.
⭐Short term rejection (25.35-26.5$) 7.86 Fib (25.35$)
⭐This rounded bottom pattern is valid due to its touchpoints being supported by large buying-volume.
⭐Once 30$ Is broken we face resistance at 33-34$, 36-37$, 38$ 40.5$, 42$, 44$
⭐The weekly options remain bullish (35$, 20k Volume and 25k Open Interest) (40$ 26.4k Volume and 58k Open Interest)
⭐Weekly close above 30$ signifies continuation.
⭐A Green 9 has been spotted on the TD-Sequential, this is hinting for a retracement (Normally 1-4 Candles)
⭐Watch for a break of the neckline (30$) with large volume.
⭐The target of the rounded bottom is 47$.
*WARNING* This thread is not financial advice. I am not a financial advisor.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
