RT_Trading_

AMC to $ 7500 per share?

Long
NYSE:AMC   AMC Entertainment
Hey trader,

please see my current idea on the AMC stock, where my count suggests a short-squeeze to the $ 7500 per share area. This is due to the fact that our wave 3 has the similar length as our wave 1 and wave 4 hasn't manage to invalidate the bullish scenario so far.
A invalidation is given if we see a retrace furthermore than 50% and a touch of our wave 1.

I bought $ 500 of AMC stocks just in case this technical target may tab, even tho I doubt it. I'm a serious trader and a serious investor, but on this one I will leave this seriousness by side - I am with you guys! Let's hodl.

Please keep in mind: This is no financial advice, nor an advice to buy the AMC stock since it can induce a total loss of your money. Please risk only the money you can lose totally.

Best of luck to all!
RT

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