AMC seems to be all over the place, however, it has been steadily declining every day with very little positive moves at all. I expect it to ultimately, in time, return to its normal levels before this big explosion that it took to the upside. But before it settles back to normalcy, it will bounce around a little bit, but, I do not expect it to rise above the previous high, but to bounce around in between the many channels and support and resistance trend lines. Will it unfold as i have laid it out exactly? Im most certainly not expecting it to, but generally speaking, it will be close enough. Am I betting against AMC? Not at all, in fact, I am LONG right now in a fairly large position. So I am actually rooting on it to go up.
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.
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.