AMC EntertainmentShort
Updated AMC Nothing changed. Trade strategy moving forward
Not financial advice.
I just added the potential direction it'll take.
Just an update from previous chart I posted.
It's performing as projected in my previous post. Movement as expected.
A trade strategy is mapped out on the chart that should go for a while a few weeks or even longer.
Could enter at 8.00 and take profits at 9.00 then rebuy at 7.00-7.50 to take profits at 10.00.
Then wait for drop back from 10.00 to 7.50-8.00 range rebuy
To take profits at 12.00
Up to you however you wanna play it.
Can be played to either gain more exposure or just take profits as you go.
I just added the potential direction it'll take.
Just an update from previous chart I posted.
It's performing as projected in my previous post. Movement as expected.
A trade strategy is mapped out on the chart that should go for a while a few weeks or even longer.
Could enter at 8.00 and take profits at 9.00 then rebuy at 7.00-7.50 to take profits at 10.00.
Then wait for drop back from 10.00 to 7.50-8.00 range rebuy
To take profits at 12.00
Up to you however you wanna play it.
Can be played to either gain more exposure or just take profits as you go.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.