TheDrivenTrader

AMC - Bounce off the 0.618 Fib line

Long
NYSE:AMC   AMC Entertainment
AMC's been systematically hammered by Wall St, a term that includes all banks/firms manipulating the price downward. It's touched the 0.618 fib line (~33.00) and bounced off it with equal energy. Kudos to everyone who's waited patiently to load up according to the fib lines!

This is no guarantee that AMC will shoot back up to 50.00+, but it looks very promising.

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