albertdyum

AMC "spring" at the bottom has occurred

Long
NYSE:AMC   AMC ENTERTAINMENT HOLDINGS INC
If you understand Wyckoff methodology, you can see the "spring" has occurred for AMC about a week ago. The high volume short candlestick , along with the gap up following the "spring" should be a good indicator of a move up about to happen soon. This is called "jumping the creek" according to Wyckoff. It's time to load up.

Magenta line represents my call option strike price at $3.50, with the target of around $7 at the green line. If that green target is hit before my options expiration, I'm cashing out.

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