AMC Falling wedge Daily chart. Falling wedge statistically breaks to the upside.
Amc Entertainment Holdings Inc ($AMC) Short
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...
If it works, buy me a movie ticket. I need to go to the movies. ;-)
Wait for the dotted (red/green) triangle pattern breakout to load on the short side. Its done. Dead cat bounce. www.twst.com