AMC (AMC Entertainment Holdings Inc) broke down below the triangle pattern yesterday (sell signal #1) followed by a break below the 55.22ish support today (sell signal #2) with potential downside swing targets any of the marked support levels down to the 9ish level & reactions likely at the arrow breaks. However, I suspect that if these sell signals stick with a solid daily close below 51 today & the downside momentum accelerating, any reactions before the uptrend line and/or the 14.55 target may be minor or non-existent & are probably not worth trying to game on the long-side. Daily chart below.
AMC daily July 2nd