AMC Entertainment
Long

Call your mom.

383
This stock has taught me how to trade. I found it. I bought it for the first time in 2021 and that's how my trading journey began.

Now in July of 2025, I think we might see movement we have been waiting for over the past years.

I remembered a documentary I watched over 15 years ago about a trader making unreal returns (1000s% per year) discussing his strategy. The key points I remember are the deviation from the SMAs. Stocks, that are laggers, kissing/sitting at/over moving averages, especially sitting right above the 100 day moving average for a prolonged period of time (just watch GMES weekly on the 100 SMA;)) and how those stocks see INSANE amount of gains, when they move. I wish I remebered the exact documentary. I see it coming to life in these memes, it seems.

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