ARESABI

AMC Failed To Trend-Reverse

Short
ARESABI Updated   
NYSE:AMC   AMC Entertainment
I'm using the VWAP & the MA200 on this one. I'm waiting for the price to change its trend. Today was another attempt to break out of the downwards movement, but the current market situation (GBP being on pair with EUR & USD) puts further pressure on the price.
Waiting for a lower entry, as is still see great potential in meme stocks - as soon as the momentum kicks in.
Comment:
I definitely can recommend this strategy.

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