After the tag & typical reaction off the tag of the 41.72 price target, AMC went on to break below that support level & has now hit the next target of 33.13 with uptrend line support just below. While the odds of a reaction soon are elevated, I still favor a drop down to at least the 14.60ish target in the coming days/weeks. 60-minute chart below.
AMC 2nd Price Target Hit
Share this! (member restricted content requires registration)
4 Comments