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AMC Entertainment
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AMC Entertainment Faces Steep Drop Below $10

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Without securing price action above $60 during the pending upside swing, AMC faces a very steep drop below $10, more likely to find support near $5. Considering the trending upside move and its 3 wave structure, this eliminates the possibility of AMC being in true impulsive form.
Catatan
upside corrective (B) wave seems to have completed already in all likelihood.

AMC could be on its way to sub $5.
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An update on AMC's precarious scenario:

cuplikan
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Any takers on this stock sinking below $5?
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flush out!
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How much could you have saved during this 50% drop?
Trading ditutup: target tercapai
new ATH likely to come for AMC. decent buy zone.
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Update: AMC is likely due to see new all-time lows in the weeks ahead. Formation doesn't speak to any upside before then.
DigitalSurfTrading
Join me on the waves, where its safe. discord.gg/QRPx6ShxMt
AMCdiagonalwavedigitalsurfElliott Wavewallstreetbets

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AMCdiagonalwavedigitalsurfElliott Wavewallstreetbets
DigitalSurfTrading
Join me on the waves, where its safe. discord.gg/QRPx6ShxMt

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.