AMC Entertainment Holdings, Inc.
Largo
Actualizado

AMC bounced off Fib 0.618 Level

310
on the retractment of the prior uptrend and appears

to be setting up a new uptrend with a K/D line cross

under the MACD histogram and rebuilding of relative volume

The last uptrend was 70% . Could this happen again next week?

Earnings were decent. Price is sitting above the support of

the Ichimoku Cloud and ready for more accumulation towards

a build of momentum.

I will play this with call options for 3/17 at a strike of $6.00

knowing the support of the fib level ( gray box on chart)

is above that. Hope for 2X ( 100 % profit) in 5 days or less.

Short interest - short squeeze potential - $$$
Operación activa
Note the MACD indicator on this chart is the ZERO LAG 👍 version making it a bit better than the standard which lags.

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