Traderwell

AMC hold

Long
Traderwell Updated   
NYSE:AMC   AMC Entertainment

Strategy buy hold
Sit tight and get more cheap tendies on its way to big move up.
Black candle downtrend continuation 52%. More discount
Comment:
Fibonacci 38%
High :41
Mid : 36
Low: 29
I would say we are entering in to transition of bouncing dead cat 🙀
That means we are ready for big uptrend move
Comment:
Before 2nd of June we had bouncing dead cat 🙀 aswell after that price jumped to 72 . If you think u can jump on the train before squeezes you are wrong .
Shares will be not available on that day when squeeze happens. This is proven by GME .Before the day when GME squeeze happened broker started selling only one share per person. I'm not financial advisors i just brought facts.
Trade active:
Good news we are not bearish not bulish we are APESH
Fibonacci 38%
High:49,53
Mid: 43,57
Low: 35.72
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