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WeBelieveInTrading

AMC LONG TF M15, TP = 5.36

Long
AMC Entertainment (NYSE:AMC)  
WeBelieveInTrading Updated   
NYSE:AMC   AMC Entertainment
Trend Analysis Technical Indicators Gann AMC amcentertainment amcstock amclong amcidea
5
2
trendanalysis indicator gann amc amcentertainment amcstock amclong amcidea
On the M15 chart the trend started on July 28 (linear regression channel).

There is a high probability of profit taking. Possible take profit level is 5.36

But we should not forget about SL = 4.51

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading
Trade closed: target reached
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