SR618

AMCX - missed entry.

Long
NASDAQ:AMCX   AMC Networks Inc
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2
Missed entry and hope to buy on pullback to 60.50
It obviously based at around $60, and could perhaps be in the middle of forming a right shoulder of an inverted head&shoulder pattern in the uptrend.

AMCX
Horizontal S&R: trading w/in a obvious base
Channel S&R: yes, rising up trend.
MA S&R: above both 20 and 50
>200ma: yes
Volume confirmation: obvious spike in Aug on EPS and formed a bullish candle
Candle Confirmation: yes, morning star at bottom of break from reg trendline
Stoch Divergence: no,
Reg Trendline >85: yes, 89
Short Float: 15%
Risk / Reward: 3.2

Zacks Rank: 3-Hold 3 Style Scores: A Value | C Growth | F Momentum | B VGM Industry Rank: Bottom 37%(160 out of 255) Industry: Broadcast Radio and Television

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