Highrisk221

#AMC Short Max Butterfly + Seapony + Gap Close

NYSE:AMC   AMC Entertainment

In this analysis, I have drawn a Max Butterfly as well as two Seapony variants, which could initially drop the price to approx. 27.29 - 21.44, and additionally close the gap at approx. 27.44 - 25.63.

Subsequently, I expect rising prices from 33.36, 40.94, 44.57, 52.91 to a maximum of 61.04.

If the range between 52.91 and 61.04 is reached, there is still the risk that the Gartley from the following analysis is confirmed or point C Formet and again falls to area D.


Penafian

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