AMC is bullish on the 3rd wave of Elliott

Apr 16, 2021

let's talk about what we have now not what we will have. the 1st wave of Elliott broke down descending channel and 2nd wave pullback to it so we are on the 3rd wave of Elliott but what is the target. we have a butterfly that gives $43:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC= 1.27 XA=$18 *reached*
or
CD=2.24 BC=$43
since we had a strong wave on the 1st wave I believe the target must be higher. the target of Fib channel of the whole chart is $215

Apr 22, 2021

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Butterfly reversal scenario with $215 target on the 3rd wave

Apr 26, 2021

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be careful at the price zone of ($43-$53):

Jun 2, 2021

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