NAK1987

AMCX, Short

Short
NASDAQ:AMCX   AMC Networks Inc
Reasons for short :


-We are at a resistance level
-RSI 84
-Trading above target price ($29.19)


Warning signs: This stock has a 56% short float and a ratio of 11 , a short squeeze is more than possible so position size accordingly.
Also, I can see the forward p/e is favorable at only 5.47.

Good Luck ~






Trade closed: stop reached
艾力克~