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SOULWOLF
May 4, 2022 10:52 PM

Move up around earnings? Long

AMC Entertainment Holdings, Inc.NYSE

Description

I was messing around with the bar pattern tool and found a strong similarity in the movements from May to June compared to where the stock is now. Not only that but there is upward momentum that starts around earnings "5/9/22" which is a beneficial catalyst. Also with this rate hike causing the cost to borrow to go up, I'm feeling pretty BULLISH about what is to come in these upcoming weeks.
Comments
Eggo4u
Bad investment if you dont own dont buy this junk.save yourself the headache Im just looking for 19.50 to break even but it shows no signs of a positive reversal I think it will be 11.80 by next Friday
space4pe
if not biased, it look promising
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