AMC Entertainment
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UPDATE: The massive triangle. Must read.

I really think we will break over the 14.50 mark when we get close to having a golden cross with the 3 day green and purple EMA's. This golden cross will create a launch pad for price action and the measured move for the triangle points us to the top of the wick of the small "squeeze" that was in January. This won't be the stopping point either, I expect continuation. This movement will trigger a lot of stop losses and stop profits which will help fuel the big fat green dildo that is coming in the near future. So when will this happen? Judging by the triangle and where the price action is, I'm thinking the last week and a half of June or no later than the first week of July.
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