BULLS IT IS!

WE HAVE BROKE OUT OF THE WEDGE! AND WE HAVE WENT CRAZY! From my perspective, we have two paths for tomorrow.

Path #1:
One thing any experienced trader knows with impulses, comes CORRECTIONS of 20 to 30%. It happens. No one can know for certain where this lays. We all can presume. Some times it is less than 20%, sometimes it is more 30%. BUT it is Common. This would be what I expect tomorrow if everything remains typical.

Thus being said - if we are rejected at the 17.28 range, expect to see a dip with the bottom line expected to be around the ~14.60ish mark.

Current Different Levels of support channels range (Highest to lowest)
1) ~$16.00 to $16.20
2) ~$15.20 to $15.60
3) ~$14.40 to $14.60
4) ~$13.50 (The mark of yesterday's (5/24/2021) consolidation period)

Path #2:
The Fear of Missing Out has set in with June 2nd approaching and all of this finger licking juicy bullish price action. I mean who honestly can blame anyone at this point. AMC has had ~20% today, 5/25/2021. It had ~13.5% gains yesterday. Who would not want a piece of that pie? For this reason - if we do surpass the $17.28 mark (either tonight or tomorrow in after hours and pre-market) with consolidation until then, we will set new limits and new heights and expectations.

As always, this is not financial advice. I am not a financial expert or advisor. I simply love the stock. I love the movie theatres and I love movies. AMC regaining solid footing is setting the stage for a comeback, and who does not like a good comeback? Goodluck APES and Godspeed!