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Art_of_Investing

AMC is bottoming

Long
AMC Entertainment (NYSE:AMC)  
Art_of_Investing  
NYSE:AMC   AMC Entertainment
Trend Analysis Chart Patterns Technical Indicators AMC breakout Bullish Patterns LONG
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trendanalysis chartpattern indicator amc breakout bullish long
It met resistance today and dropped immediately. Trading between the 5 and 20 ma all day. The moving average is to be respected. Support at 27.50 looks good. It came back from the pivot there and the 5 day will reverse and hold at $29.50. Looking for a breakout above $32, coming soon. $AMC

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