UVXY and AMC trading guide
As per requested, I will analysis for UVXY and AMC.
This UVXY etf is looking for the bottom. It had more fund to buy this 2 weeks. We look for breakup level at 5.2. If can break 5.2, please hold until 10. If not, wait for next 2 to 3 weeks price movement. By the way, please check more detail for this ETF fundamental data.
AMC, look’s good in the breakup channel. The support price at 10, once breakdown, it need to sell and take profit. If drop to 10 and reverse back. Please hold for the resistant at 18. Good Luck.