small_town_21

Giant cup and handle has formed on the 4 hour chart!

Long
NYSE:AMC   AMC Entertainment
I am a big fan of technical analysis and this is just brilliant. The first spike fagged into a breakout to the upside forming an additional bull flag. The combination of the two is forming a massive cup and handle pattern. As you know, cup and handles usually break to the upside violently. Some say that technical analysis wont work on swing trade stocks but this simply isn't true. This could be the last chance to buy in on AMC below $100 per share.
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