AMC Entertainment
Pembelian
Diupdate

AMC building for jump

It looks like we are seeing a buildup and consolidation of AMC after the recent jump and subsequent drop it had. Trendline is holding and momentum seems to be building. I am long AMC common shares and anticipate this to jump deep into the 50S within the next few weeks.
Catatan
It's make or break time, we are right on the trend line. If the trend line fails I will be exiting my trade as it will likely gap fill down at $40-41, where I will re-enter.
Catatan
Line held on the hourly (it's a little harder to see on this chart), we're looking good after testing that support. Cut if this thing drops below $43.30
Catatan
Trade closed at $47.10. Awesome trade, got a little dicey there last week when it broke below the wedge but it came back with a vengeance.

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