AMC Entertainment Faces Steep Drop Below $10

업데이트됨
Without securing price action above $60 during the pending upside swing, AMC faces a very steep drop below $10, more likely to find support near $5. Considering the trending upside move and its 3 wave structure, this eliminates the possibility of AMC being in true impulsive form.
노트
upside corrective (B) wave seems to have completed already in all likelihood.

AMC could be on its way to sub $5.
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An update on AMC's precarious scenario:

스냅샷
노트
Any takers on this stock sinking below $5?
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flush out!
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How much could you have saved during this 50% drop?
거래청산: 타겟 닿음
new ATH likely to come for AMC. decent buy zone.
주문취소됨
Update: AMC is likely due to see new all-time lows in the weeks ahead. Formation doesn't speak to any upside before then.
AMCdiagonalwavedigitalsurfElliott Wavewallstreetbets

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