AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 89 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 85...
The advisor Marketmiracle advisor has generated a purchase signal for AMCX or the American production company famous for 'The walking dead' the signal provides an entry at the price of 53.71 usd for a target of 83.126 usd or a potential profit of 54.77%.
I personally already have an open position on this title from about 1 month and a half and this input signal...
Hey guys, AMC NETWORKS is in fake bearish dynamics with a large buy volume traded and an upside down hammer candle. The TIMEFRAME M1 makes us notice a marubozu with a fake return of the sales volume, it is heading towards its last lowest. Which corresponds to the base of the bollinger make its reversal on this support, then re-test the top of the equilibrium zone....
Reasons for short :
-We are at a resistance level
-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 ~
!this beautiful stock's movement just looks great opportunity for long
.Wide movement with testing the highers, and now its just about completing (maybe) Mug and Handle
but although we have nice technical info, there are some hards levels to breakout, which one of them and maybe the most important one is 200M
i dont think im gonna take it once it breaks the...
$AMCX is a buy off the long-term downtrend support line. We believe $AMCX is due for a trend change. With 21.71% of the float short, there's room for short covering. In addition, $AMCX is a cheap value play. $AMCX trades at just 4x earnings, 0.51x sales, 1.89x cash, and 3.94x FCF.
AMC Networks Inc. owns and operates various cable television's brands delivering...
Hello fellow enthusiasts,
The chart speaks for itself I guess. I will short if we indeed do break the neckline of the head and shoulders pattern.
This pattern has a target around 57 which lines up with the support there.
* This is not financial advice, please do your own research to make your own decisions *
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.
Horizontal S&R: trading w/in a obvious base
Channel S&R: yes, rising up trend.
MA S&R: above both 20 and 50
Volume confirmation: obvious spike...
This is a bearish swing trade I may enter next week. If I do I and it moves in my favor I will be very aggressive when it comes to moving my stop. My 2R target is down at $45.85 but there are three pivot lows that will be in between
my entry and my target.
To me, AMCX looks pretty weak and even weaker when looking at the hourly...