$AMC Trade Idea

As per the current analysis and wave trend, AMC is not looking to go back into $40 or higher anytime soon. Yes, There is a possibility it will rise and touch the last wave low around $34.51, but then it looks like going down to $29.43 followed by $24.35 or even lower. Long term short trend persist.
Wait for the breakout at 32.06 if that happens, yes it's going to $34.51 latest or max.