AMC Price Prediction – Dropping below $20.00 Could Trigger Waterfall Decline 


I assign the following odds to the next 3-months of price action in the AMC chart below:

*Bullish Breakout above $35.00 (30%)

*Neutral consolidation between $20.00 & $30.00 (30%)

*Bearish Breakdown below $20.00 (40%)

AMC chart

Note- If prices collapse below $20.00 in the coming days, downside follow-through below $15.00 will support the worst-case scenario and panic selloff to $10.00 or lower.

AG Thorson is a registered CMT and expert in technical analysis. He believes we are in the final stages of a global debt super-cycle. For regular updates, please visit here.