AMC is presenting an aggressive move up.
This looks like a Wave 3 up which is the strongest (as to Elliott Wave analysis) which has not ended yet.
Then a Wave 4 (correction) will follow and then a Wave 5 (up).
Therefore I believe that we have more room for upside for this stock.
This looks like a Wave 3 up which is the strongest (as to Elliott Wave analysis) which has not ended yet.
Then a Wave 4 (correction) will follow and then a Wave 5 (up).
Therefore I believe that we have more room for upside for this stock.
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Friday's close is acceptable for a continuation of the trend