robvanhoven

It's really that simple!

Long
robvanhoven Updated   
NYSE:AMC   AMC Entertainment
We have a classic triangle and a strong support line underneath. Go long at support, or now (risk 6$ a share) if you don't want to miss a possible breakout.
Comment:
Possible retest of 60$ around 6pm EST - There is little upward channel forming, and it seems that the stock may retest the lower boundary of this channel at 60$. If the retest is periodically it should be at around 6pm
Comment:
The at the begin of June established trend was just confirmed. I look for it to hold. Good buy opportunity in my opinion.
Comment:
....aaaaaaaand it's gone. Let's see if we can retake the trend, there are a lot of people shorting today, it might go down further before the inevitable squeeze
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