Exploring Gann fans. AMC has been respecting the 1:2 and trading in that channel. If the Current low respects the 1:1 trend line, then there's room for a move from 45 to 216 in one day. Not that it will, but that's the "reasonable" limit. If it significantly breaks the 1:1, well then the fun's over, I suppose.
Note: Gann fan is built using the lows from the 24th and 27th, the connection to the close on friday is a coincidence.
Note: Gann fan is built using the lows from the 24th and 27th, the connection to the close on friday is a coincidence.
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