AMC - Tendies to the Moon? Looking at the TA
AMC does appear to be breaking out of a Bull Flag. However, the momentum behind it will determine if it truly is a break to new highs. Going to pay close attention to the $72 high to see if we bounce off it, or break through it. Be aware of a Pennant Flag formation. Too many failed attempts to break through $72 and the price will collapse.
As always, please let me know if you see something I didn't catch.
As always, please let me know if you see something I didn't catch.
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