deradanatellermachtsatt

Will AMC move up due to earning?

Long
NYSE:AMC   AMC Entertainment
We can clearly see some support in these areas. Earning report was positive and future upside is expected! If trendline is broken, we can expect a little more downside but should move up to at least 24-26$ soon, before potentially heading up to the 40-50$ levels. I don‘t recommend options. Nevertheless I scooped up some more shares yesterday. Let‘s see how Amy will behave, once the market bottoms out!
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