AMC Looking bearish

8 thg 12, 2021

Rejected at a heavy resistance area and fell back below TL. Currently trading below major support in after hours. If those levels hold, this doesn't have much stopping it from coming down. Be careful out there.

8 thg 12, 2021

Ghi chú

Completely forgot to add in the Death Cross lurking around the corner. If we don't bounce higher from here, we will be in danger of the TL crossing the 200EMA

9 thg 12, 2021

Ghi chú

Disregard the previous comment. I'm an idiot. A death cross forms when the 50MA crosses the 200MA