itshabib

AMC Potential Double Bottom

Long
itshabib Updated   
NYSE:AMC   AMC Entertainment
AMC is showing a double bottom looking pattern. The recent big volume is also a great sign. Another plus about this stock is the high short interest, about 68%. Things might get interesting if we can break $4.
Comment:
Update short interest is about 36.58% on finviz finviz.com/quote.ashx?t=amc.
Trade closed: target reached:
Well, that was fun. 10 Bagger share.getcloudapp.com/llu9mEl8

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.