AMC Back to the Moon? We look to Buy at 21.31 (stop at 17.60)
Short Term - We look to Buy at 21.31 (stop at 17.60)
Preferred trade is to buy on dips. 50 1day EMA is at 20.00. We have a 61.8% Fibonacci pullback level of 21.09 from 12.90 to 34.41. Trading volume is increasing. Previous resistance, now becomes support at 21.00.
Our profit targets will be 34.41 and 43.15
Resistance: 30.00 / 35.00 / 40 .00
Support: 21.00 / 15.00 / 10.00
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