After the brutal beating AMC took from the shady hedgefunds, we found a decent support at the .382 retracement zone at the $6.50 zone.
With all of the hype and momentum behind this stock along with GME, I can see this extending to the 1.618 extension which is sitting exactly at $100.
Expect some high volatility in this trade so I suggest using wide stop losses if you're going to enter.
Join the fight !
Stop Loss: Below $6
1st Target: $47
2nd Target: $100
With all of the hype and momentum behind this stock along with GME, I can see this extending to the 1.618 extension which is sitting exactly at $100.
Expect some high volatility in this trade so I suggest using wide stop losses if you're going to enter.
Join the fight !
Stop Loss: Below $6
1st Target: $47
2nd Target: $100
