Randall_Smith

AMC: Looking bearish...

Short
Randall_Smith Mis à jour   
NYSE:AMC   AMC Entertainment
Fibs in green, ascending channel (bear flag), target is 9.42, next would be 7. Channel was copy and pasted below as is the traditional measure for an ascending channel. There is confluence at the EQ and 9.42, as well as with bottom of channel and 7. (Note to self) Continuation patterns happen more often than reversals.
Trade fermée manuellement:
It never dropped below support @ 11.5 so I didn't enter a short. The time to have entered a long would have been first 4hr close above 14.65. 25% pump from that area.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.