Earnings today AMC.
M pattern noted as well as a possible flag.
Peak 2 is lower than peak 1. Leg 2 terminated close to the .618 of leg 1.
The Gartley would land at the .786 of leg 1.
The Bat would land at the .886 and the Alternate bat would land at the 1.113 of leg 1.
A lot will depend on how earnings are received.
No recommendation.
Short interest is around 3%.
M pattern noted as well as a possible flag.
Peak 2 is lower than peak 1. Leg 2 terminated close to the .618 of leg 1.
The Gartley would land at the .786 of leg 1.
The Bat would land at the .886 and the Alternate bat would land at the 1.113 of leg 1.
A lot will depend on how earnings are received.
No recommendation.
Short interest is around 3%.