With how the current market is, i see this as potentially a route we take.
Next week is see being a relief bounce.... rejection at the resistance trend line, and possibly a fake out break out... and then a strait shot down.
Knowing i personally cant play the down side to amc due to the overly bullish stance i have, i will not be placing puts on this.. but i will be waiting...
IF this would play out, i see it taking a few months to recover and build back the momentum.
but i also see us being at the bottom, by mid Feb.
not a fan of bearish post. But its just what the chart says to be.... will know in less then 2 weeks.
Good luck.
Next week is see being a relief bounce.... rejection at the resistance trend line, and possibly a fake out break out... and then a strait shot down.
Knowing i personally cant play the down side to amc due to the overly bullish stance i have, i will not be placing puts on this.. but i will be waiting...
IF this would play out, i see it taking a few months to recover and build back the momentum.
but i also see us being at the bottom, by mid Feb.
not a fan of bearish post. But its just what the chart says to be.... will know in less then 2 weeks.
Good luck.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.