Admission AMC 7.85 or 5.25 cup and Handle. Protect your $ for NYSE:AMC by Legalizedhustler

Not financial advice
“How do you respond when you see something that goes against what you believe to be fact?”
Hey think about it
everyone on the forums can have a nice cuddly group date night once the theatre reopens. The power of social media. At least your using what you invest in.
Maybe even discount for being a stockholder.
Nah I doubt that.
I included yesterday’s chart as a reference to go by for what I originally posted.
I posted a chart yesterday detailing how 7.85 it must hold.
So up to 9.50-10ish range.
Retest 7.85 to start forming the handle.
Just what I see.
Nothing is different.
Its displaying a cup and handle pattern where 7.00-7.85 would start your handle. Same as said yesterday.
Yesterday it popped to 11.00 and crashed down to 7.85 (literally touched and bounced off 7.85 to close at 8.30 yesterday)
Just as my chart showed
As i mentioned. Trade with caution.
7-7.85 is true last range of support for AMC if that dosent hold 5.25 and unto mid 3’s.
Now if it has a daily close above 10. 05 you can aim for 13-14 range. That’s the upside.
I happen to notice the vile comments go awful quiet yesterday evening as it was tanking back into my original chart. Coincidence?
Again i say. I post these charts for the inexperienced the ones that dosent understand how to assess the situation and to protect their $.
To the ones that spoke kind words yesterday in my defense thank you.Im grateful for your kind words and actions.
Im here to help the community. Just because certain people are believers and/or shilling this stock and wanting it to go to 100+ or more.
That’s on them.
I post what I see. And leave it at that.
Thanks for the views. Comments are welcome.
Again trade with caution. Very volatile trading conditions.
Set your stop limits.
Support the legalizedhustler
Soon to be cccllc

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