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pkhumalo
May 11, 2022 7:53 AM

AMC Bullish!  Long

AMC Entertainment Holdings, Inc.NYSE

Description

Alternate view in play from last weeks analysis...
We are still bullish on AMC, but however a slight change occurred when price broke below 12,72 meaning that the price is now completing a 11 swing sequence (WXYXZ) to the bottom of the channel and expecting to bounce from around the bluebox area of 8,30 and (not expected to go below the bluebox(5.23) from which we will invalidate our analysis).
Comments
Sinoheh_EN
Nice one, I think like you, I think the minimum is 7.13$
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