Cocococo2

Symmetrical Traingle $110 or $40

NYSE:AMC   AMC Entertainment
As you can see in the 4hr chart AMC is in a symmetrical triangle, where a breakout tried to take place but couldn’t get past the $62 resistance. Volume has been decreasing. To me this is a 50/50 trade. Getting above $62 puts a measured move squeeze to $110. Breaking the bottom of the triangle around $52, amc could fall back to $40. I’m just observing in the meantime, for a clear signal.
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