If you have been following AMC , you know this is not a fundamental play.
My analysis is based on few factors.
I first placed a fib chart to help display the key levels we should be looking at. The bounce off the $36 support is clear confirmation AMC has begun to turn back around after the previous pullback.
At $38 we see the candle wick form a new resistance.
Also the RSI levels continue to show strong bullish momentum. This is a good sign if the volume can hold for the bulls. My price prediction for the next couple of weeks is $40-$45 range.
I would wait for options until price can hold new levels. Shares are much safe to hold even at $38 still a great entry point.
My analysis is based on few factors.
I first placed a fib chart to help display the key levels we should be looking at. The bounce off the $36 support is clear confirmation AMC has begun to turn back around after the previous pullback.
At $38 we see the candle wick form a new resistance.
Also the RSI levels continue to show strong bullish momentum. This is a good sign if the volume can hold for the bulls. My price prediction for the next couple of weeks is $40-$45 range.
I would wait for options until price can hold new levels. Shares are much safe to hold even at $38 still a great entry point.
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.