$AMC: Spike Incoming?
⚡Possible retest of the 7.86 Fib (11$) Strong VPVR support, this would also test the previous 0.5 Fib which acted as strong resistance, confirming this support is a sign of reversal
⚡Golden pocket reistance 16.9-18.8$ Confirmed by VPVR
⚡23$ resistance confirmed by 0.5 Fib + Ichimoku Cloud resistance
⚡28$ Resistance 0.382 Fib confirmed by volatile candles
⚡34$ 0.236 Fib resistance + doubble bottom resistance, last time the 0.236 Fib controlled the upswing
⚡Strong Bullish Divergence on the MFI, could signify bullish price action
⚡TD-Sequential red 8 on downtrend, signal of reversal
⚡The Options Chain hints for a reclaim of the 14$ level
⚡Lower targets are unlikely according to the Options Chain
*WARNING* This thread is not financial advice. I am not a financial advisor.
⚡Golden pocket reistance 16.9-18.8$ Confirmed by VPVR
⚡23$ resistance confirmed by 0.5 Fib + Ichimoku Cloud resistance
⚡28$ Resistance 0.382 Fib confirmed by volatile candles
⚡34$ 0.236 Fib resistance + doubble bottom resistance, last time the 0.236 Fib controlled the upswing
⚡Strong Bullish Divergence on the MFI, could signify bullish price action
⚡TD-Sequential red 8 on downtrend, signal of reversal
⚡The Options Chain hints for a reclaim of the 14$ level
⚡Lower targets are unlikely according to the Options Chain
*WARNING* This thread is not financial advice. I am not a financial advisor.
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