AMC Update [7-7-21] - Possible Upcomin Correction / Value Areas.
AMC showed weakness at the ATH, so we may be getting a correction here. If so, we just need to see when it is done correcting and establishes a floor.
If it stays above $40 AND establishes a floor here, that's a great sign. However, if it falls below $40, we are looking for it to establish a floor at the next two levels. If it breaks below that and goes to the Strong Support... then we may be in for a LONG summer. So watch these areas and we will see.
The lowest I can see it dropping is $22 but I highly doubt that will happen. If it does drop there and stays in that range and creates a floor there though... that would be a HIGH value look for entries/add ons.
If it stays above $40 AND establishes a floor here, that's a great sign. However, if it falls below $40, we are looking for it to establish a floor at the next two levels. If it breaks below that and goes to the Strong Support... then we may be in for a LONG summer. So watch these areas and we will see.
The lowest I can see it dropping is $22 but I highly doubt that will happen. If it does drop there and stays in that range and creates a floor there though... that would be a HIGH value look for entries/add ons.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.