AMC earnings is in 6 days. I really like the setup AMC has Here's why: 1. Earnings estimates are low: its estimated that AMC will get around -0.63, last earnings it did -0.26. 2. Its in a strong demand zone. 3. Thick bottom BlueWave
When to enter? Enter once AMC breaks the resistance Line
Set an alert on these Lines. I don't recommend going heavy since meme stocks are very unpredictable, here's some trade suggestions:
1. Sell PUTS 2. Buy the shares (less than 25% of your portifollio) 3. Buy Monthly CALLS (less than 10% of your portifollio)
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