AMC Collapses 55% from its highs

NYSE:AMC   AMC Entertainment Holdings, Inc
After multiple attempts to warn people that AMC valuations were incorrect and getting a lot of flak for it
today, we see the power of BKC (Bare-Knuckle Charting) once again. I have gone ahead and taken half my
position off for 45% profit in my own personal account letting the rest ride for now.

Again I cannot stress the importance of learning how to read a simple chart with nothing on it other than price.
Make things as simple as possible but no simpler than that. Often I see traders making things as complex as
possible which only confuses them more.


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