ABCDE AMC Breakout?

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This is actually beautiful to see. AMC is consolidating or confirming this channel between $52 and $65 - which is a sign of strength otherwise it'd just crash back down to its lows.

It's narrowing and approaching the end of this textbook Symmetrical Triangle Wave Pattern - so it can either break up or down but there is a higher probability it will break UP. The end of this wedge is EOD Jun 28 Monday. Stay tuned.

Penafian

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