Moorsc0de

AMC Target Harmonic

Long
Moorsc0de Updated   
NYSE:AMC   AMC Entertainment
I originally posted this Chart posted 5-25-2021 1:20 pm but for some reason it was private.. smh

So we have seen some good price action today.. and it is leading me to the conclusion of a price target (as shown on chart). This chart starts where the other one left off. We have our target box.. and should continue up. Once we meet this point we can take profits and relax. Some people who have seen the charts simply think we are day trading this. I have been holding since the first chart posted- a low of 12.00. However the charts are here to give people entry opportunity and a show of skill on how to measure targets and take profits. Everyone is not built for this, but if you been following the charts.. you are taking in money! :)
Comment:
Due to late re-posting of this chart.. the price action could settle back in the box before taking back off tomm... so just realize the box is the starting point. Ill have to be more careful to make sure the private box is not checked.
Comment:
Dont get suckered in at the 15.30 mark... I think this come sback to red box in post trading session to start back up tomm. That is if you are a day trader or someone looking to get into the profits. Best to do it going up- vs down.
Trade closed manually:
Closing bell. I am closing trade on this- the post market will gather the rest. What a ride!
Comment:
Target on subharmonic reached- expect retracement.

Moorsc0de aka Crypt0nomics aka Zaphkiel
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