Post 'Bubble' Price Action AMC Entertainment Holdings, Inc.

AMC has soared to new highs on the reopening of the economy around the world and the resuming of normal gatherings. Increased sentiment that movie go'ers will return with record spending in 2020/2021 has caused the price to increase several fold. We have identified this as a 'price bubble' for the fact that tent pole movies have not yet been released, and AMC has not yet released positive earnings. When the realistic side of the market hits, the price of AMC will break and return back to support around $10-$15 before rebounding back to the $25-$30 some time next year.