nicktussing77

AMC at support, $17 possible

Long
NYSE:AMC   AMC Entertainment
It's looking to me like AMC might be heading to around $17 where I it would be a great idea to consider jumping in. If you like higher risk, you could try and jump in now and hope it holds $20, but I could definitely see a scenario where we see $17 or maybe even a little bit under.
Comment:
Bounced off our target price, would like to see it hold here. If not, I'd expect $13, but I'd like to think it turns around soon.

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