AMC Back to the Moon? We look to Buy at 21.31 (stop at 17.60)

AMC Back to the Moon? We look to Buy at 21.31 (stop at 17.60)

Technical analysis
Signal Centre

AMC

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

Source: TradingView
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