A final rejection at the .382 will present a high probability of AMC dropping to the next fib.
Price target is 26.00
Nota
I misspoke when I said death cross. I am not talking about the the MA's. I am talking about the line of death aka .382 If it falls under and gets rejected the MA's will fall apart and will confirm a bear trend. This also has two more trading days to complete so take a breather. I am neither bull or bear. I play what the market gives me.
Trade fechado: stop atingido
Well... I knew something was gonna happen based on the price action... I changed my position into 34.00 calls and racked 105%! Woot position closed! I'm rich bitc....
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