rnaofs

AMC Bullish!!

Panjang
NYSE:AMC   AMC Entertainment
Hello Community!

When looking at the 4hr TF, AMC has made a higher low after a double bottom and is looking to retest the 55 ema, the orange horizontal resistance line, then the diagonal line shown. On the MACD we can clearly see a bullish set-up. On the RSI, it's gaining some strength and if this channel and triangle break upwards, we can expect to see prices move to the $70 range in the near future. Let's see if this plays out.

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