AMC's recent move to $34 established the upper limits of new trading channel. Once the market picks back up AMC will head to $40. A breakthrough of this new channel could bring $50-60 range and create the opportunity for new all time highs.
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.