Macks_MoneyTree

$8 AMC This WeeK?

Long
NYSE:AMC   AMC Entertainment
If you know me well, you know I HATE trendlines but the bull flag on the hourly is looking quite nice. Look for a retest around $6.00-$$6.05 for buy positions. Looks like we started around $4.50 to get us to $6.70. If the lower end of the bull flag is $5.70 then we should be able to hit $7.70+ easily either after earnings or in the following days/weeks.
Comment:
We literally hit $8 the very next day, good call!

Money really does grow on trees.
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