Wolf of High Street

Bullish daily and weekly close on $AMC Expect continuation for next week.

"NOTHING ABOUT THIS IS COOL!!" Grown man breaks down in his car over the UFC event at the WH:

If you’re wondering why $AMC wasnt able to close above 2.40 today, It’s because that 2.40 level was the last pivot point when AMC melted up to $11.88 area, May of last year. Following up to the bullish engulfing on the weekly chart few weeks ago, this bottom has been confirmed already. This weekly bullish close is important because this closed above last week’s price and above 1.94 weekly pivot high. If this can trade over $2.40 and stay above it next week, this is gonna test that weekly target (from range of april) of $2.94 to $3.00. And these PT are just coming from the measured range. FOMO and volatility, not included. Volume has been really good and above average with all of these higher highs and higher lows daily closes. Exciting week ahead,

If you’re wondering why $AMC wasnt able to close above 2.40 today, It’s because that 2.40 level was the last pivot point when AMC melted up to $11.88 area, May of last year. Following up to the bullish engulfing on the weekly chart few weeks ago, this bottom has been confirmed already. This weekly bullish close is important because this closed above last week’s price and above 1.94 weekly pivot high. If this can trade over $2.40 and stay above it next week, this is gonna test that weekly target (from range of april) of $2.94 to $3.00. And these PT are just coming from the measured range. FOMO and volatility, not included. Volume has been really good and above average with all of these higher highs and higher lows daily closes. Exciting week ahead,

Bullish daily and weekly close on $AMC Expect continuation for next week.