AMC is another longer term play that we are watching from some time. It looks very interesting as it seems breaking out of a downward channel formation. It also has very good insider buying. We think it has strong upward potential.
* Trade Criteria * Date First Found- February 15, 2018 Pattern/Why- Downward channel breakout Long; Longer term smart money play Entry Target Criteria- Break of $15.07 Exit Target Criteria- Momentum Stop Loss Criteria- $11.93 Indicator Notes- Twiggs Money flow divergence and broke out to the positive side. Special Note- Big buying in 2017
Please check back for Trade updates. (Note: Trade update is little delayed here.)