Hello!
I see a lot of people with AMC fever.
We can see that the balance of volume are the same since the ''to the moon'' moment of the stock, but the price is falling.
What a see on graphic is possible a fan principle (bullish scenario) but in the same time a down trend with an important resistance (short scenario).
Just do a good money management if you want to invest in AMC.
Good luck!
I hope my analysis is a clear picture for you.
I see a lot of people with AMC fever.
We can see that the balance of volume are the same since the ''to the moon'' moment of the stock, but the price is falling.
What a see on graphic is possible a fan principle (bullish scenario) but in the same time a down trend with an important resistance (short scenario).
Just do a good money management if you want to invest in AMC.
Good luck!
I hope my analysis is a clear picture for you.
Note
The price is near to the support, pay some attention!
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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.