AMC - [BEARISH]- Death Cross!

AMC Entertainment Holdings Inc (Extended Hours) (CAPITALCOM:AMC)

Updated

CAPITALCOM:AMC AMC Entertainment Holdings Inc (Extended Hours)

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For anyone who is unsure what is going on with AMC, I created this chart to help people better get a grasp on it. AMC is currently in the phase following a Death Cross [50 Day MA crosses below 200 Day MA) and where Volume has depleted. So it is currently dead in the waters. Until Volume starts picking up and we get a Golden Cross , there's not much to see here. However, if we get a Golden Cross and we see a Volume spike again, then it's time to start paying attention again. Until then, look elsewhere. Nothing to see here.

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EDIT: Golden Cross is when 50 day MA crosses above 200 Day MA

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