I'm not an AMC guy but...
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I check out the meme stock charts every once in a while - not to buy or short, but because they're all interesting phenomenon to me.
So this isn't wishful thinking. I'm not a hold till I die guy. I don't even hold shares right now but that is very likely to change tonight.
AMC has a completely text book bullish pennant.
Tomorrow or the day after it looks like it will breakout to the upside.
And this thing doesn't have subtle movements in price...
Definition Bullish Pennant:
ig.com/us/trading-strategies/how-to-trade-bullish-and-bearish-pennants-200428
So this isn't wishful thinking. I'm not a hold till I die guy. I don't even hold shares right now but that is very likely to change tonight.
AMC has a completely text book bullish pennant.
Tomorrow or the day after it looks like it will breakout to the upside.
And this thing doesn't have subtle movements in price...
Definition Bullish Pennant:
ig.com/us/trading-strategies/how-to-trade-bullish-and-bearish-pennants-200428
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