- AMC reversed from support zone
- Likely to rise to resistance level 2.90
AMC recently reversed up from the strong support zone between the support levels 2.75 and 2.60 (which has been reversing the price from the start of April, as can be seen below).
This support zone was further strengthened by the lower daily Bollinger Band.
Given the strength of the aforementioned support zone and the oversold daily Stochastic, AMC can be expected to rise toward the next resistance level 2.90 (high of the previous correction 2).
- Likely to rise to resistance level 2.90
AMC recently reversed up from the strong support zone between the support levels 2.75 and 2.60 (which has been reversing the price from the start of April, as can be seen below).
This support zone was further strengthened by the lower daily Bollinger Band.
Given the strength of the aforementioned support zone and the oversold daily Stochastic, AMC can be expected to rise toward the next resistance level 2.90 (high of the previous correction 2).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.