AMC looks like it completed 3 waves off the high from the yolo pattern we saw earlier during the GME rally. Potentially could be beginning a 5 wave move to the upside after the rally today, target for a pullback is sub 8. Target for wave 5 is around 16.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.