AMC Entry $43.34, Target $49.69
AMC new major higher low, now just above the 50MA, broke the 7-day descending trend line.
If it pops above the 20MA, it’s a buy for me at $43.34 for a quick scalp, target 1 at $49.69 (high probability of resistance at $50 and retest of the ascending trend line)
If it pops above the 20MA, it’s a buy for me at $43.34 for a quick scalp, target 1 at $49.69 (high probability of resistance at $50 and retest of the ascending trend line)
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