AMC Entertainment

AMC is toast without butter if it breaks $9.71

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This is absolute critical that AMC can bounce from here or lowest price target $9.71

If it looses support of this area then it invalidates all bullish market structure by putting in a lower low and any sign of a reversal from this downtrend.

If it loses $9.71 then support must hold at $7.53. Failing that I do believe it will revisit $1.94

Sorry to be the bearer of bad news and I know how many of you are married to this junk but the chart is the chart and the price is the price unfortunately.

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