Eternal_Salsa

AMC- Potential setup

Alış
NYSE:AMC   AMC Entertainment
So I know my last idea was a tad bit optimistic, but then again I did not account for the market manipulation.

Technicals:
I don't really use Elliott waves, but it fits the analysis quite well, So i believe it will stay in the shaded area, keep in mind I am fine with being wrong.
If the price action breaks the shaded area then it will most likely go back to the bottom and even lower.

Fundamentals:
I believe wall street really wants to own this company and they will make sure that you own none of it. So we could potentially see this crushed to hell.

TLDR; hedge funds want your AMC longs at a cheaper price, if price action breaks the shaded area, back to the ground support, or even lower.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.