AMC continues to get rejected after death cross.

A final rejection at the .382 will present a high probability of AMC dropping to the next fib.

Price target is 26.00

Kommentar:

I misspoke when I said death cross. I am not talking about the the MA's. I am talking about the line of death aka .382 If it falls under and gets rejected the MA's will fall apart and will confirm a bear trend. This also has two more trading days to complete so take a breather. I am neither bull or bear. I play what the market gives me.

Trade geschlossen: Stop wurde erreicht:

Well... I knew something was gonna happen based on the price action... I changed my position into 34.00 calls and racked 105%! Woot position closed! I'm rich bitc....