Amc Entertainment Holdings Inc ($AMC) Short
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Let's face it. AMC hasn't had a good run the last 2 years. We started a bit of an uptrend in July and I am betting it will continue. We're below some key moving averages such as the weekly 21EMA and the monthly 21EMA as well but...
I've been waiting for AMC to turn and break the downtrend. Now i am afraid that it'll go up until the ER and then drop again... How far do you think it'll go? I'am asking for a friend.
Earnings later this week, in for the pre-earning bump. Small caps seem more resilient than the rest of the market, China doesn't really affect movie goers anyways. Remember, earnings are a crap shoot.
Long and strong, given this red market
AMC may be a boring stock, but boy does it have a nice trend, and bouncing off the 20 day. Long , and maybe a long term hold @ 20.30
Very confident that this will go back down towards the low teens; then eventually have a big fall out of this channel; Obv, a lot of consolidation along the way.
I have been observing this stock for a long time. There is a rounding bottom and the prices have been crossed the Simple moving average 200 daily. They designed a first pullback on the SMA 200 that was a nice opportunity for a nice operation. Now we are in a phase that seems a new pullback. The time cycle seems at final countdown. In my opinion is a nice...
AMC has been getting some decent hype with its subscription service, but the company is still far from profitable and not expected to be until next year. Technically the stock is in an ascending wedge pattern, which is bearish and is encountering some heavy, historical resistance levels. In addition, the stock price is sitting near the top end of the wedge channel...