AMC Analysis! 31-08-2021
As what I monitors AMC for recently, everyone want it fly to the moon. I also hope it can fly. But we should back to the real world. It still stay at the middle of price channel. The support is $30. I think it’s difficult to drop to it. If you can see it drop to $30, no need to think and buy it. Acutally, from this AMC August movement, it want to try for breaking $46 and look for $72. It must make sure the price stay above $46, then, we can continue to hold until $72. So, the price range move between $38 to $46. Once breakdown $38, we just look for buying opportunity at $30. Good luck.