AMC Entertainment
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AMC | Rise out of the Shadows? | 1 buy scenario

670
Overview
Price is currently under the former Swinglow (lower blue line) that lead to the recent Swinghigh. With earnings and revenue date coming up (8 November) i´m looking to take a buy position.

Scenario (Orange arrow)
Requirements: Positive earnings report and price moving above the former Swinglow (blue line)
Stop- Loss: 2 Days closing under the Swinglow level (blue line)
Invalidation: Price never retakes the Swinglow level
Target: Filling of the Gap and engulf of the Short term high.

Good luck


Disclaimer:
- This information does not constitute as financial advice and is only for entertainment purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh
Emir iptal
Requirements were only half fullfilled, therefor trade cancelled. Will look for other entries.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.