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.
Comment:
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.
Comment:
Edit: Fell below the .618 fib line