Samirp01

AMC Targets

Long
NYSE:AMC   AMC Entertainment
AMC has been squeezing along with the rest of names like GME, BB, BBBY, etc. as retail investors have been chasing stocks with heavy short interest. I have a large position in @ 4 - and by using Fibonacci levels, we see that the next levels are 10, 13, and above the relative 5-year high at 21. Being that the stock is currently trading in the 8's after hours, these levels seem feasible. Good luck, and stay safe trading these heavily shorted stocks!

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