NYSE:AMC   AMC Entertainment
Today we smacked that downward resistance line when we ran into the $20s.
What ever little trend we were trying to make today we failed to hold.

Max pain went from 21 yesterday. to 22 today. Bullish? Bull trap?

I want to see that gap get filled. and a close over $20 tomorrow.
until we fill that gap i think it being so close will keep money sidelined.

i was expecting it today, and we didnt get it. and we closed after hours under 18. so im fairly confident that we see a new low tomorrow.

i see us flirting around that double bottom.. maybe bounce to retest that mini trend support we lost today. and then plummeting.

All this will happen quick. and like normal, i would imagine the last 2 or 3 hours we will be pinned to the price we are trading at.

Lets just fill this gap and get it over with ... and V shape bounce like 5$ ... eh!!!


LFG

Good luck

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