For today I am currently looking at the November job report earnings, which can determine the fragile state AMC is in as of right now.
Great fundamentals pushed the stock up yesterday regarding a bill being passed regarding government spending.
Take:
AMC is as of neutral position right now.
Bullish side:
Great put / call ratio.
Government spending bill passed.
Double bottom.
MAC-D and RSI looks to be bottomed out, but kinda too early to determine a likely scenario.
Following the Wyckoff schematic as of current.
Green Doji on the daily
Bearish side:
We could see more market volatility regarding the Chinese FUD. Which in my experience can affect other stocks in the market aswell.
Bearish pennant graph
Add your bearish preview here:**************
Not financial advice, but feel free to message if you guys find any bearish scenarios.
Till next time
AMC300 LFG
Great fundamentals pushed the stock up yesterday regarding a bill being passed regarding government spending.
Take:
AMC is as of neutral position right now.
Bullish side:
Great put / call ratio.
Government spending bill passed.
Double bottom.
MAC-D and RSI looks to be bottomed out, but kinda too early to determine a likely scenario.
Following the Wyckoff schematic as of current.
Green Doji on the daily
Bearish side:
We could see more market volatility regarding the Chinese FUD. Which in my experience can affect other stocks in the market aswell.
Bearish pennant graph
Add your bearish preview here:**************
Not financial advice, but feel free to message if you guys find any bearish scenarios.
Till next time
AMC300 LFG
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.