Long

AMC price targets

Updated

Fib retracements show areas of support for AMC. If supports does not hold then it will fall to the next fib line where a bounce will likely occur.

Note

Fell below the .786 fib line and found support at the 50MA. Look for a close above 40.89 tomorrow for a potential rally to 43.71 next week. If it does not rally above the .618 tomorrow (good chance it will not being friday, big sell day) then look out below.

Note

Edit: Fell below the .618 fib line

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