$AMC bull case
I like this count for AMC. But what do I know? I just like the stock.
Note
Beautiful wave 4 kiss off the 0.382. Wave 5 target ~ $16.75Note
Well, that last correction to $12.97 crossed into purple wave (i), invalidating that count. But this likely indicated that we are in an extended purple wave (iii). Recount below. Note
Revised count. I would have preferred to have seen 
AMC break back into that Schiff pitchfork that formed off the minute wave 1-2, but a nested minuette 1-2 is still in play, with a nice tick of the 0.786. Bottom line: I still like 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.