AMC BUY/LONG NOW READY! 55.00 to 102.65 by End 2021!
TICKER CODE: AMC Company Name: AMC ENTERTAINMENT HOLDINGS, INC US Stocks Consumer Services Movies/Entertainment
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (55.00-58.00) NEXT BUY ENTRY: (52.75-54.50)
1st Partial Take Profit: 77.50 (End June 2021) 2nd Partial Take Profit: 102.65 (End 2021 - EXPECTED EARLY) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 50.00
Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE) 2. Flagpole and Pennant 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) 5. 2nd Partial Take Profit will be at the 80% price range of INVERTED HEAD & SHOULDERS
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