AMC dropped significantly in the last few days but it appears that there is a sign of the recovery. The price has moved up above Ichimoku cloud and SMA 100 line. Stochastic at oversold zone. Wait to see the how the price moves in the next few days for the potential "BUY" with target at the last previous high.
AMC Looks to be topping out at the moment and is worth shorting. Short term target is $14. Medium term target is $13.
I have done no fundamental analysis on this stock and am basing the trade purely on the RENKO Traditional 0.50 chart.