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Falyalot
Jul 13, 2021 1:13 AM

Technically, we have a chance to see the $32 zone 💥🚀🚀🚀 

AMC Entertainment Holdings, Inc.NYSE

Description

This is the only thing in which technical analysis may not work. Only in AMC technical analysis may not work and globally I am in favor of a long position...
Comments
pechi123
Better Targets are 6/1 gap 28.53 low preceding, then a bit above the wave 1 high 20.36 on 1/27. The break from a potential 4th wave bullish triangle is significant, 4th way oversized to the accompanying 2nd made it suspect to begin with. The ongoing heavy bullish sentiment needs to be reversed before any potential for a significant rebound, breaking under 20.36 erases the bull trend all together.
Slittlef
$32 is possible, but I think once it hits around $35, we will see some upside, & depending on the amount of buying in this range will determine if we go to $32
alkarahaha
Thanks 🙏
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