On my last chart of AMC we identified the demand zone and eventually blew right through out target! Now we're hear to look at the reverse of that outcome.
I know the bulls and 'ape land' won't approve of this sentiment; nevertheless, I foresee price action returning back to our $12 - $14 range and that could happen within a short duration of time. Let's call it within the next 30-45 days to be conservative; however, I really hate to ever put durations on anything when it comes to the markets.
I know the bulls and 'ape land' won't approve of this sentiment; nevertheless, I foresee price action returning back to our $12 - $14 range and that could happen within a short duration of time. Let's call it within the next 30-45 days to be conservative; however, I really hate to ever put durations on anything when it comes to the markets.
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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.