Get started
AMC Entertainment

Inverse Head and Shoulders Pattern. Bullish Prediction for $AMC

323
Why I am bullish?:
Clear inverse head and shoulders pattern with a decisive close above the neckline on the daily chart. I am looking for a return back to the neckline to potentially add to a new long position.
Volume is about as perfect as can be with light volume around the head and strong volume on the rally up to the neckline from the right shoulder.
austriancapitaltheory
Also on:
Chart PatternsHead and ShouldersInverse Head and Shoulders

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsHead and ShouldersInverse Head and Shoulders
austriancapitaltheory
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.