Intuition Stock AMC tgt $19Ok, believe it, or not, I did get AMC as a stock to "pay attention to" when I mentally asked for one from my intuition on Monday.
I don't follow this, and wasn't even sure where it trades, but the number 8 came in pretty strong, followed by the number 19. I thought the timing of receiving it was neat because it had earnings in only a few days, which was last night.
My little intuitive symbols on Monday showed a down and then up, so I figured I'd watch and see if it got to $8.
When I finally just checked on it, it was down this morning 19%! The low in premarket? $8.00 even. It's recovered some, but still down almost 14% atm.
My follow-up with dowsing indicates the "big idea" and "best idea" is it's "safe and profitable to buy" (twice!). Last time I got that was on 10/26-27 asking about the Qs or SPY. We know how that turned out.
It's suggesting I get a date, which is December 18th (Mon.) and I think that's the trade exit. I'm not very practiced with dates for entries and exits though, and when I try them, it's often not the actual entry. It can be news or some reversal, however. Maybe it's be correct this time, who knows? I would definitely give this some time to play out though, and expect the $8 area to be support.
