AMC Entertainment

AMC Diamond Pattern

370
I just realized that AMC has been consolidating in this diamond pattern. It's towards the end of the pattern and can break either way. A move in either direction will be big.
Note
It's surprising to see AMC price weakening like this, especially given all the bullish divergences including hidden divergences. Will it be a fake out breakout, or just a break down?

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.