$AMC has been in a downtrend pattern for the last 3 months. Red box is resistance, Green box is support. Downward sloping trend line is about to intersect with a staunch and critical support area. A capitulatory move one way or the other is imminent.
Last time I published idea, when AMC was 10 bucks only, I told that it will go up to 26 bucks. SO.
Now it will probably has a little bounce back and due to a lot of factors, such as gamma squeeze incoming, dobble bottom, it will go up to 40 bucks.
***Diamond hands since february 2021***