Mind the gap.... DOGE has nibbled out about 2¢ out of the 5¢ gap on the weekly. Not even halfway there, If it fills balls deep we're heading down to .0674. I've got some Yolo limit buys in down there. Not financial advice. Just an idea. DOGE GLTA!
Sometimes it doesn't take a genius. We're in a falling wedge reversal pattern. I learned how to Dot to Dot in grade school. Might not be exciting for a while or maybe it will...Might drop to $12 if it stays in the wedge or even lower for a minute if it does a fake out break down before the rip. (which it has been doing lately) The SPY isn't helping but the clock...
THERE IS A 30¢ GAP FROM $20.55 TO $20.25 RIGHT IN THE MIDDLE OF THAT GAP IS THE JAN 27TH RESISTANCE $20.36 NOW SUPPORT. WE COULD TAKE OUT THAT GAP AND BOUNCE. As far as I know, AMC has no lower unfilled gaps except this one. NYSE:AMC Last chart didn't load, this is my re-do.
THERE IS A 30¢ GAP FROM $20.55 TO $20.25 RIGHT IN THE MIDDLE OF THAT GAP IS THE JAN 27TH RESISTANCE $20.36 NOW SUPPORT. WE COULD TAKE OUT THAT GAP AND BOUNCE. As far as I know, AMC has no unfilled gaps except this one. NYSE:AMC