AMC Entertainment
Long

$AMC breaking off the downtrend and bouncing the 0.786 Fib

410
AMC recently broke off of the downtrend we had since march 29th and bouncing off the .786 Fibonacci, respectively missing it by 14 cents.

If this was the end of the 2nd Elliott Wave, our next impulse lead us to the price target at 1.618 Fib -> $44.59

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