SpyderCallMindOverMatterOP:
the past few weeks have been great for AMC. But for me personally, I need to see the price climb above those previous 52-week lows at the 3.60 price point. Once the price gets above that level, then things will look more like a bottom. But after that, I would need to see the price climb above the 5.60 price point. This would put the price above the previous baseing pattern. At that point, it wouldn't be guaranteed, but we might have confirmation of a bottom. That is how I am seeing the charts at this point.
UpTheSko_Drizzy : jus bought more
Lmoonfmoong : 3500 bonus just popped I scooped 400
MindOverMatterOP : @SpyderCall Woah Looks like that was AMCs bottom
SpyderCall MindOverMatterOP: the past few weeks have been great for AMC. But for me personally, I need to see the price climb above those previous 52-week lows at the 3.60 price point.
Once the price gets above that level, then things will look more like a bottom. But after that, I would need to see the price climb above the 5.60 price point. This would put the price above the previous baseing pattern. At that point, it wouldn't be guaranteed, but we might have confirmation of a bottom.
That is how I am seeing the charts at this point.