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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