AMC EntertainmentUpdated Testing the bottom line of a channel will be a magnet
I am sure soon price will comeback to test this channel at least once, before going down even lower or after a trend reversal.
Note
Everything looks nice, the bottom is not clear but once we form it we will have a reversal to new all time high. This is where I will sell all of my stocks.
Note
Everything looks good at this point, AMC is ready to comeback for a retest the bottom of the channel, which is around 7$ currently.Trade closed: target reached
Target reached at almost exact date as indicated.Trade closed: target reached
chef.
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