traderprosignals

AMC BUY/LONG NOW READY! 55.00 to 102.65 by End 2021!

Long
NYSE:AMC   AMC Entertainment
TICKER CODE: AMC
Company Name: AMC ENTERTAINMENT HOLDINGS, INC
US Stocks Consumer Services Movies/Entertainment

Position Proposed: BUY

FOMO BUY ENTRY: NOW READY (55.00-58.00)
NEXT BUY ENTRY: (52.75-54.50)

1st Partial Take Profit: 77.50 (End June 2021)
2nd Partial Take Profit: 102.65 (End 2021 - EXPECTED EARLY)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION

Stop Loss: 50.00

Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE)
2. Flagpole and Pennant
3. Fibonacci Retracement at 0.786
4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone)
5. 2nd Partial Take Profit will be at the 80% price range of INVERTED HEAD & SHOULDERS
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