This is AMC's all-time chart seen on the weekly timeframe. As you can see, we've retraced back toward our historic "reset" -- the IPO price of $18 -- which happens to perfectly fit the golden pocket of a fib extension from the ATL to the ATH of the stock.
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Disclaimer
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.