AMC Breakout $ Target

Aug 3, 2022

we going to confirm if this not a fake out if we hold above the 16$, or above the breakout triangle , first resistant we going to test is around the 20.50$, and the second one , which is the squeeze level as well if we broke it and hold above , which is above the 29$+.
AMC

Aug 4, 2022

Comment

we testing our resistant around the 20$, and it's normal to see bit of selling pressure at this level , however we need to hold above the 16$ to confirm the break and continue to the 29$.