luke2000hunter

Going Long on AMC Entertainment Holdings, Inc.

Panjang
NYSE:AMC   AMC Entertainment
As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future.

Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up.

Consolidation is a very healthy sign and signifies accumulation and demand zones in play. The longer the accumulation the bigger the rip upwards. From May until present day, we ripped and have been accumulating. I bet you can guess what it going to happen next. I’m bullish. I like the stock.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.