AMC - Follow the Fib Lines

AMC rips above the 0.50 fib line and gets rejected near 0.382. Either the momentum will carry AMC above 48.00 and squeeze, or it will channel between 40.00 and 48.00 for new higher lows. Either way, congrats to everyone who's held on, and to everyone who's weathered the storm and bought below 38.00. Blue skies is all I see!