AMC | Long-Term Setup Brewing

AMC has been a battlefield stock for retail traders, and while the meme frenzy has calmed, the chart shows signs of a long-term consolidation that may lead to a breakout.

We’re not chasing hype we’re playing levels. The current zone offers asymmetric risk/reward for patient swing or position traders looking for a reversion move back toward key psychological and technical levels.

🔍 Entry Zones:
✅ Market Price: ~$2.99 (initial momentum position)

🧲 Pullback #1: $2.75 (former pivot + fib level)

🧨 Pullback #2: $2.50 (key support floor and high-risk/reward entry)

🎯 Profit Targets (Swing/Position):
🎯 TP1: $3.30 – reclaim of early resistance

🎯 TP2: $4.00 – volume spike zone

🎯 TP3: $5.00+ – potential sentiment surge / short squeeze zone

📢 Disclaimer: This is not financial advice. Always manage your own risk and do your own due diligence.