For anyone who is unsure what is going on with AMC , I created this chart to help people better get a grasp on it. AMC is currently in the phase following a Death Cross [50 Day MA crosses below 200 Day MA) and where has depleted. So it is currently dead in the waters . Until starts picking up and we get a Golden Cross , there's not much to see here. However, if we get a Golden Cross and we see a spike again, then it's time to start paying attention again. Until then, look elsewhere. Nothing to see here.
Comment: EDIT: Golden Cross is when 50 day MA crosses above 200 Day MA