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ary2001
Oct 16, 2021 12:08 AM

AMC accurate playout structure!?! Long

AMC Entertainment Holdings, Inc.NYSE

Description

I expect to see the gap down going into Monday to 37.5~37.8$.
But the (yellow) line is my prediction on the macro scale of this bull run.
I dont expect a breakout. not yet atleast.

However I do expect a rally to maybe 50$ where it will be met with heavy resistance, pushing the price back down.

In the micro sense, i do expect the chart to follow an ABC elliot correction wave, to meet the breakout confirmation point, fueling us to the moon.

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Comment

not financial advice
Comments
jacobie06
Mon/tues will push to fill gap around $45 and then will go back to $38 then take off to 50S
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