Cineworld Group Short Term - We look to Sell a break of 25.37 (stop at 28.52) Trades with a bearish descending triangle formation. A move through 25.50 will confirm the bearish momentum. The bias is still for lower levels and we look for any gains to be limited. Trading has been mixed and volatile. Our profit targets will be 17.68 and 15.10 Resistance:...
I've been accumulating this stock since the 60s slowly and now I believe it's at the point where it is due for a good bounce. It has just broken SMA100 level which was acting as resistance previously. Currently, SP is trading above SMA 10, SMA20 , SMA50 and SMA100 MACD indicator going positive Money flow going green too. Also, momentum has gone above 10 All...
With other streaming services running wild and Apes seems running out of bananas, this making the hold almost reach it's perk. I want to see AMC break 45 - 50, but historically and with current pandemic situation, I'm not so sure about it. What do you think?
The downtrend is almost finished and the price is trying to bounche on the low edge. I expect a rise of the price to the upper triangle edge soon.
Simple. Get in. PT1: $5 THEN PT2: $7 Support @$2 This might move fast. Pay attention! *Please leave a like if you find this useful, thanks*
One of the largest theater chains in the world took a beating with their financials due to this pandemic. If you are optimistic and enjoy the cinemas, you could think that with vaccines and a possible healthier post-pandemic world, where everything goes back to normal... that AMC can recover. Which is certainly why I have this in my long term investing portfolio....
AMC is Bloody mess right now. Also current news on AMC needing shares bought or will have to file bankruptcy is not looking good. When I see AMC situation I remember HTZ* and GNC*. Beware traders. Don't lose your shirts. *Indicators used* -Zig Zag -Pivots -Vol -MACD -Super Trend V1.0
looking for any and all opinions on this chart? I find it crazy that Aamc would end up disappearing into the abyss, but then again these are crazy times and AMC is bleeding out cash. I can see this rising back to $4 before taking the death drop if there isn’t any good news soon. What do you think? Post your thoughts below.
After the coronovirus outbreak and lockdown, this Cinema stock has lost almost 80% of its value and has found its support at 6-7$ per share. Additionally note that the price has just broken and rejected the 50 Moving Average as confirmation for a long entry. This is a massive long term opportunity, the company financials appear to be solid with constant growth and...
💬 MBL looks like it is gearing up for a run. There are a few things that look promising here. First, price has generally been moving up since May when it began to break its bottom range and started forming these higher lows. Second, and more importantly, the price has been grinding up in a solid and steady uptrend as highlighted in the Yellow box. Betting on a...