Looks to me like we're due for a 2 day kick here, but I'm staying out unless we see $12.25
AMC has a tendency to fill gaps, if it doesn;t fill that gap above by earnings then I'm going long.
AMC has a tendency to fill gaps, if it doesn;t fill that gap above by earnings then I'm going long.
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Oh look we got a 2 day kicker like I said, lol.Bearish until Tuesday, I think I'm gonna buy calls for earnings instead of buying stock to limit my risk.
Order cancelled
LOL, totally forgot to play this thing, just as well because they missed on earnings and revenues were only slightly higher than projected. If they can't make money with the blockbuster movies and traffic this summer, they won't ever make any money.Done playing with this. This rally was a pump for earnings, it's over.
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One thing I want to point out is that AMC has a tendency to fill gaps, so I wouldn't short it either. For longs you may want to HODL until you get the gap fill, glad I didn;t play it
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LOL, there's the gap fill. Maybe I should've played it. So many good idea I didn;t act on.
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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.