AMC Entertainment
Long

Amc - Elliott wave testing

I have not taken a look at Amc so this is what I currently see using Elliott waves. Realistically this company has paid off their debts so i dont see it hitting below $7 anymore. We are in wave 5 perhaps lets find out Monday, and it could potentially correct ABC to the upside, but lets not get too excited. Use proper risk management with trades.


Good luck!

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