Eternal_Salsa

AMC- Potential setup

NYSE:AMC   AMC Entertainment
So I know my last idea was a tad bit optimistic, but then again I did not account for the market manipulation.

Technicals:
I don't really use Elliott waves, but it fits the analysis quite well, So i believe it will stay in the shaded area, keep in mind I am fine with being wrong.
If the price action breaks the shaded area then it will most likely go back to the bottom and even lower.

Fundamentals:
I believe wall street really wants to own this company and they will make sure that you own none of it. So we could potentially see this crushed to hell.

TLDR; hedge funds want your AMC longs at a cheaper price, if price action breaks the shaded area, back to the ground support, or even lower.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.