AMC - BIG MOVE AHEAD $20 OR BREAKOUT AFTER CONTINUED RETEST FAIL
All,
I would watch AMC over the next two weeks. I think a big breakout is coming one direction. It's in a BAD spot here though. If this doesn't quickly break back up could see a big downside move again. However, if it can regain and go for a retest of previous highs/gap and somehow break 2nd level could see big gains.
They really just need to do a reverse split and get AMC to a low float stock then it would be over. They need to get the float down in some way or another.
I would watch AMC over the next two weeks. I think a big breakout is coming one direction. It's in a BAD spot here though. If this doesn't quickly break back up could see a big downside move again. However, if it can regain and go for a retest of previous highs/gap and somehow break 2nd level could see big gains.
They really just need to do a reverse split and get AMC to a low float stock then it would be over. They need to get the float down in some way or another.