AMC looking rough
AMC price being below the SMA and the thick red line doesn't bode well for me. It needs more buyers. Perhaps that big fight this weekend could surge the price on Monday. If so, I think it will uphold the trend. If not, could be selling for a discount in a couple weeks.
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.