AMC Entertainment Holdings, Inc.
Long
Aggiornato

AMC bounced off Fib 0.618 Level

311
on the retractment of the prior uptrend and appears

to be setting up a new uptrend with a K/D line cross

under the MACD histogram and rebuilding of relative volume

The last uptrend was 70% . Could this happen again next week?

Earnings were decent. Price is sitting above the support of

the Ichimoku Cloud and ready for more accumulation towards

a build of momentum.

I will play this with call options for 3/17 at a strike of $6.00

knowing the support of the fib level ( gray box on chart)

is above that. Hope for 2X ( 100 % profit) in 5 days or less.

Short interest - short squeeze potential - $$$
Trade attivo
Note the MACD indicator on this chart is the ZERO LAG 👍 version making it a bit better than the standard which lags.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.