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Sheridans

AMC TECHNICAL ANALYSIS - WYCKOFF DISTRIBUTION CYCLE ALMOST DONE

AMC Entertainment (NYSE:AMC)  
Sheridans Updated   
NYSE:AMC   AMC Entertainment
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
So I was toying around with the idea of a Wyckoff Distribution theory for AMC because I noticed that the price was failing to break resistance. I believe that we are in a Phase E Wyckoff pattern. Needless to say, I believe there is further downside. Long term I am bullish. Let me know what you think.


Comment:
Today, we could be at the final stage
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