Mr_France

AMC 4hr support

Long
NYSE:AMC   AMC Entertainment
I see a lot of people on Stocktwits saying "25$ soon" or "max pain 22$". Zooming out on the 4 hour, seems like AMC actually found nice support at the 0.236 fib level (26.82$), I think we are simply range bound between this level and the 0.382 (31.50$) level until we get signs of a breakout back into our usual preferred 0.5 to 0.618 channel. Let's hope the key 26.82$ level holds and that we see some upward momentum soon! Happy new year all, to the moon!
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