AMC long - Upcoming bullish run?
Technical analysis supportive of a bullish run:
- Broken several lines of resistance; broke descending level of resistance last Friday and broke ascending level of resistance in pre-market this Monday
- MACD in 4h timeframe shows upcoming crossover above signal line
- RSI is fairly neutral allowing room for a bullish run
Other:
Options chain supportive of a potential gamma squeeze; 400k currently ITM
this is not financial advice.
this is my first ever analysis, if you have comments on improvements or mistakes, let me know but only constructive criticism please.
- Broken several lines of resistance; broke descending level of resistance last Friday and broke ascending level of resistance in pre-market this Monday
- MACD in 4h timeframe shows upcoming crossover above signal line
- RSI is fairly neutral allowing room for a bullish run
Other:
Options chain supportive of a potential gamma squeeze; 400k currently ITM
this is not financial advice.
this is my first ever analysis, if you have comments on improvements or mistakes, let me know but only constructive criticism please.
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