AMC starting to get "some" wind back in the sails. This could be based on "hype" from press releases and upcoming optimism on the earnings coming due with about 3 weeks.
AMC has been issuing a plethora of bonds, so that is something else to keep in mind when it comes to Coupon Payment Dates and Maturity Dates.
For me, AMC is boxed in between the $12 - 20.00 with a "next level" target of $22-$23. BUT there will need to be extreme bullish pressure to break-through those levels.
Overall, it appears AMC is going to take more "time and price" which may require the pace of the upside movements to take a slow stair stepping pattern.
AMC has been issuing a plethora of bonds, so that is something else to keep in mind when it comes to Coupon Payment Dates and Maturity Dates.
For me, AMC is boxed in between the $12 - 20.00 with a "next level" target of $22-$23. BUT there will need to be extreme bullish pressure to break-through those levels.
Overall, it appears AMC is going to take more "time and price" which may require the pace of the upside movements to take a slow stair stepping pattern.