NYSE:AMC NYSE:DOW TVC:DJI TVC:NYA All, I am following AMC rather closely, but wanted to post again to cover something I see happening. I am seeing a bullish divergence on the weekly and along with that it has tested support where it current is 3 times. However, in my previous post there are some very strong resistance lines. I can see it making a decent...
I think AMC is a steal right now you could wait till it hits resistance and sell again, however I would be worrisome the virus ends and you may not get a second opprotunity. Also AMC is a stock I feel as if has great sentiment and has been around for a very very long time. At minimum 30% gains. My opinionated option or long term buy in is around 2.08-2.20. Both...
Daily 20SMA is good support for the stock so far. #Doublebottom is forming for #AMCEntertainment if it breaks out $3.98
I am holding $AMC calls post ER, days to cover on the short interest is 8 days and the float is sitting @ 55%. if it squeezes....this baby is going to like $12/share. Goodluck on whatever you choose.
We are finally seeing some improvement in the technical picture for $AMC. At $7, $AMC presents an attractive risk/reward play. We would buy $AMC and risk to new lows below $6.25 a share. With 56% of the float short, we will get a big short squeeze if $AMC starts running. $AMC reports earnings on February 27th, so keep that in mind. AMC Entertainment Holdings,...
AMC is showing all the signs that a trend reversal is imminent. The descending wedge pattern has remained intact since its inception with the third (and final?) touch reacting perfectly to the structure. Volume has also been picking up recently and RSI on higher timeframes are signalling a bullish divergence. Of course, there is always the fear that earnings and...
AMC Falling wedge Daily chart. Falling wedge statistically breaks to the upside.
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Let's face it. AMC hasn't had a good run the last 2 years. We started a bit of an uptrend in July and I am betting it will continue. We're below some key moving averages such as the weekly 21EMA and the monthly 21EMA as well but...
Highlights: • GAAP net income of $430.2 million; Cash flow from operating activities of $776.1 million; • Adjusted EBIT of $1,075.4 million, up 5.7% in constant currency terms; • Adjusted net income of $729.5 million, up 9.0% in constant currency terms; • Adjusted cash flow after dividends of $192.7 million; • 2019 total dividend increased to 45.5 US...
Now as for my explanation: This is def. a LONG position as I've made several entries off $IPIC in the past -- each time at a lower low & each time yielding positive results. My little brother works at iPic: so I've taken a particular interest in this 'shitstock' as I was told by my brother, who attended a mandatory meeting with corporate present...that...
In a previous post I talked about this being a risky time to buy for a long term investment in the S&P , Emini, SPY , or MES . Despite what the media may want you to believe - this market is no longer in a strong bull trend. If it was, prices would break out strongly above previous highs. But what is happening instead? Prices go mostly sideways to down, signalling...
AMC started to heat up again. It has broken its 200 days moving average on bigger volume today. We think it will continue upward from here. * Trade Criteria * Date First Found- April 4, 2018 Pattern/Why- Momentum Breakout Long setup. Entry Criteria- $15.63 (hit April 4, 2018) Exit Criteria- Momentum Stop Loss Criteria- N/A Indicator Notes- Crossed...
AMC is looking great. It seems breaking out a downward channel. Moneyflow just crossed to the positive side, and It has good insider buying. We think it has strong upside potential. * Trade Criteria * Date First Found- November 27, 2017 Pattern/Why- Potential Downward channel breakout Entry Target Criteria- pullback to $14.23 or a break of $15.30 Exit Target...
Wait for the dotted (red/green) triangle pattern breakout to load on the short side. Its done. Dead cat bounce. www.twst.com