$AMC Sits in Clear Bull Pennant, Whether it Makes Sense or Not
AMC, no matter what you think of it on a valuation basis, is sitting in a bull pennant pattern. Those should generally be respected.
They very rarely lead to outright trend reversals without so much as a test of trend highs first.
They very rarely lead to outright trend reversals without so much as a test of trend highs first.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.