I called $33 as the bottom and wait it until November 1st to see. But what I saw today price movement might suggest $34.59 is the double bottom. If it continues to dip to Monday. Then $33 is still in play. What I like to see is can AMC bounce back up to $38-$39 next week quickly and then break the $44 neckline to $53? I don't expect much price movement tomorrow. Although there are bullish divergence flashing on the hourly chart indicator suggest we will see more higher price movement tomorrow. Only time will tell. Until then I am chilling with AMC.
评论:
This is based on the earning report assumption on November 8th. It doesn't mean it will play out.
评论:
If earning is on November 1st or 2nd I expect the play out more like this instead
评论:
One final alternative although also unlikely