Price is close to handle low. Very close. In fact it has dipped a little lower. I see strong S at 171(ish) The rising wedge caused a shortage of buyers
Earnings 8-26 amc
I am watching this closely. Under the handle low is where I place my stop. In a strange way, this is becoming a safer trade. The stock is out of the lower trend line of the rising wedge. I am watching to see how far she falls as it can be the whole width with a weaker stock. I am hoping the handle low saves it (o:
I feel this is a strong stock and I am long when I feel descent complete.
Patience can be a virtue they say
Not a recommendation/just an observation
Earnings 8-26 amc
I am watching this closely. Under the handle low is where I place my stop. In a strange way, this is becoming a safer trade. The stock is out of the lower trend line of the rising wedge. I am watching to see how far she falls as it can be the whole width with a weaker stock. I am hoping the handle low saves it (o:
I feel this is a strong stock and I am long when I feel descent complete.
Patience can be a virtue they say
Not a recommendation/just an observation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.