AMC Entertainment

Rebound + BULLISH MOMENTUM

585
RSI looks like it's bouncing, not only that but so is the price after bouncing off the strong resistance of $14. Last time RSI was this low was NOV/DEC before the January squeeze from $2 to about $5, 150%. Not saying that's going to happen exactly. But history has a tendency to repeat itself and with this low of RSI we're at least guaranteed a relief bounce. But I think it'll start the upwards momentum we have been looking for. For February Im feeling BULLISH.

כתב ויתור

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