[WSB] AMC Breakout! Realistic Targets
In this idea we are looking at the AMC price, which has been moving in a symmetrical triangle from the recent breakout (June) until now.
We are looking for three confirmation-points on the resistance- & support-line. The chances for a breakout are fairly high.
The breakout was confirmed by touching the previous high at $44. We are still missing some volume to finally confirm the breakout.
The current positive sentiment as well as the upcoming earnings could be strong catalyst for the targets - shown in the chart.
Please manage your risk accordingly.
Ares
We are looking for three confirmation-points on the resistance- & support-line. The chances for a breakout are fairly high.
The breakout was confirmed by touching the previous high at $44. We are still missing some volume to finally confirm the breakout.
The current positive sentiment as well as the upcoming earnings could be strong catalyst for the targets - shown in the chart.
Please manage your risk accordingly.
Ares
Publications connexes
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.
Publications connexes
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.