support trend line or break down

2021年10月29日

These trendlines have been on my chart since the last time AMC ran toward 70. I expected a LONG consolidation period. now we are at the moment to decide whether we break down or bounce from parabolic trend line. Earnings on Monday could send this flying depending on direction of the company. not to mention apes are still diamond handing this stock. Ichimoku cloud not showing a bearish confirmation from the price breaking down from the cloud so this could be a false break down. trade at your own risk as for me i will play a lotto play long. 3 contracts OTM call. be prepared to lose your money but no risk no reward.