AMC breaking 8+ month bearish downtrend before ER Friday ๐ฅถboost and follow if you part of the ape gang!
are we breaking out above trend resistance because the apes know what's coming? hmm
will be interesting to see earnings because every time I go to the theatres its empty! but I did hear Avatar/Mario bros movie did some numbers (i didnt watch those yet)
above 6.30 and we see parabolic squeeze to 9.8-11.4+
below 4.99 we break back into bearish downtrend, go to 4 and even lower if it doesn't bounce there.
see you soon with more analysis <3