AMC Entertainment
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Not Much to Say About AMC

365
Okay so I waited a week for the price action. 34.50s (I call $33 but I was wrong but I was okay with $34 because $36 bounce was unlikely to me) was the bottom and we explode to $44.21 before selling off. Expect a bull pennant this week into next week. If we breakout this bull pennant. Expect $48 the resistant again and creating a rising wedge to the 50S again. I will talk about more later when we reach the 47s+. So this is my rough sketch play out this month. We might go much higher sooner though. Nobody knows.

Expect some update later.
Note
Update conservative chart

snapshot
the retracement are based on past action

$72 - $28 - approximately 2 months June 2nd - August 5th/11th
$29 - $52 - approximately 1 month August 5th/11th - September 13th
$52 - $33 - 2 weeks September 13th - September 30th
$33 - $44 - 2 weeks September 30th - October 19th
$44 - $34 - 2 weeks October 19th - October 29th
$34 - $52 - will be 2-2.5 weeks approximately October 29th - November 12th/15th/19th
$52 - $44 - will be 2 weeks approximately November 8/12/15/19/22/-22/26/December 3rd/
$44 - XXX November 22/26/December 3/10/17/30

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