AMC - Giant Bull Flag / Fibonacci 1.618 @ $100

Maybe she's born with it, maybe AMC to $100 isn't as crazy as it sounds. After topping out around $72, AMC has retraced and forming a massive bull flag for the last 4 months. Fib retracement has the 1.618 level just under $100. That's a massive move, but we've seen it before and AMC does have some long awaited movie coming out. Many Saints of Newark, No Time to Die, etc. Willing to take a stab and BTO AMC 1/21 $100c. It close yesterday it was $2.38/contract, so hopefully an entry around that level is in the cards next week. Anyway, love you, bye.

Kommentera:

Nothing to see here yet. Still in range.