Patriick2jz

$AMC: Price Target 15.5$

Long
NYSE:AMC   AMC Entertainment
🔥Bottoming signal on monthly (4-month bottoming pattern consolidation) + Bullish MFI

🔥Monthly Ichimoku low confirmed as bottom followed by TD-Sequential 9

🔥200 Weekly Moving Average Resistance at 9.45 (This should be reclaimed due to the open interest at this level)

🔥Monthly resistance at 11.6$ confirmed by Ichimoku Cloud

🔥7.86 Fib retracement at 8.3$ confirmed by volume

🔥Price target 15.5$ (surpass 2.36 fib to retest resistance at 15.5$)

🔥VWAP broken o daily chart (Bullish signal)

🔥Vix Fix indicator strong bottoming signals on daily chart

🔥Watch for an engulfing amount of buying-volume

🔥VPVR support at 8-8.80$

🔥VPVR resistance at 10$ confirmed by EMA - Ribbons

*WARNING* This thread is not financial advice. I am not a financial advisor.

Thank you for reading.

Idées en relation

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.