Today AMC experienced a volatile strong start all the way to $41.94 which was near my .618 resistance although I was wrong because I thought perhaps $41.10 was more of the resistance. And then dip harshly today. Even so today AMC played my falling wedge. Now with today price action 
AMC broke down the bull liquidity zone of $39 to $38.82 in the last 30 minuts but was quickly recover in the last 15 minutes and closing at $39.23. Interesting I notice a bullish hammer today closing of the the 30 min chart at $39.23 similar to the closing red candle that close at $39.15. What I expect tomorrow is a strong reversing. Otherwise any more lower dips either cause a falling wedge extension or I have to readjust. I will adjust if any changes occur.
AMC broke down the bull liquidity zone of $39 to $38.82 in the last 30 minuts but was quickly recover in the last 15 minutes and closing at $39.23. Interesting I notice a bullish hammer today closing of the the 30 min chart at $39.23 similar to the closing red candle that close at $39.15. What I expect tomorrow is a strong reversing. Otherwise any more lower dips either cause a falling wedge extension or I have to readjust. I will adjust if any changes occur.Note
There might be a possibility that the falling wedge will continue all the way to the $38s. By then the falling wedge should be completed. Reisistance for tomorrow will most likely $40.30s-$41s
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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.