AMC Friday $ Target we need to continue to hold our first support above 23$+, in order to confirm the breakout from our resistant around the 26.70$+, if we did we going to have a test for the 33$ price level .
on the other hand if the short are heavily shorted AMC , we might have breaking for the 23$ SP, but we need to hold above 19$+, to show us that AMC still in Bullish momentum to reload and retest the 26.70$, breakout zone the next week.
Chartpattterntrading
Copper looks interestingIt seems we have an ascending wedge formation on the 3h timeframe
Further confluence would be to
1.Wait for the break of the structure
2. Look for a lower timeframe structure for dirty (it could be a flag, triangle or even a smaller wedge)
It's a long way down patience pay
There's enough time to plan the trade and trade the prepared plan
GENPACT: $38.10 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. Genpact, history-wise been quite strong of a steady growth stock. It recently had a bearish run, but looks like current analyst are giving it buy signals over the resistance. This is why I am expecting it to soon pass the $38.10 price threshold.