This was a stock I alerted at 14 just a few days ago. Last week the stock hit a high of $36.72 before pulling back to 26. There's a high risk we could see more profit-taking ahead. On the chart above, I'm looking at two potential zones of support for trend-followers to watch in the stock. The bull trend will likely not resume unless price can hold these support...
With how volatile AMC is right now, technicals aren't always in our favor. It's likely we will see one of two scenarios happen tomorrow.. Diamond hands & FOMO would be the reason we end up GREEN tomorrow. Paper hands & FUD would be the reason we end up RED. Pick your pick.
Knock Knock What do you think is going to happen?
AMC Entertainment Holdings Inc (NYSE:AMC) was a potential breakout candidate. It has since mounted an impressive rally. Congratulations to those in, or who have profited from AMC alert. To see a sustainable move going forward, the stock needs to consolidate here to weed out the sellers and get ready for the next move higher.
2% of all movies are Rom Com's (down from 43% in 93'). There is pent up demand.....hopefully a suit in Hollywood makes the connection. AMC do your thing. Bull Channel
AMC to the MOON! 🌕 We all know that retail investors have little to no control over the price however what we also know is that institutional banks are in charge of the big moves. JUDAS GOAT: Juda is the only goat that leads all the other goats, it’s also the leader. All the sheep follow Juda to the slaughter house while Juda sits on the side pretty. When we...
TITLE : BUY AMC ASSETS : STOCK SYMBOL : AMC PLATFORM: WeBull or Robinhood ORDER TYPE : (EP1) Market (1/2) position size (partial low lot entry) (EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position) TF : Week ENTRY PRICE 1: $2.68 ENTRY PRICE 2: $2.08 STOP LOSS : $1.18 (15 PIPs) TAKE PROFIT 1- $3.86 TAKE PROFIT 2- $4.86 TAKE PROFIT 3 $5.86 STATUS :...