@FlyingDutchman100 perfect parallel with the previous bull channel. There is a lot rhyming but its way to soon to be looking at this, pure speculation. The box falls in 1 Nov 2025 to 3 March 2025
Key Observations: After market hours, the stock closed at 4.87, positioning itself just above the golden pocket as indicated by Fibonacci retracement levels from the lower low on April 26. Notably, support aligns closely with the EMA 20 at 4.72 and EMA 50 at 4.33, suggesting a potential further dip to test these levels. Bullish Perspective: Should the stock hold...
Is this what you wanted to see? @FlyingDutchman100
After observing the bear channel, a measured move of 4.03 has been identified. Key observations: Support coincides with EMA 50 at 4.03. Fibonacci retracement indicates support at 0.786 (4.03), a FIB historically favored by AMC. A notable bounce occurred at 4.00 during after-hours trading. Bullish: Holding at 4.03: If AMC maintains above 4.03 and subsequently...