tankingtomawar

AMC To end March just shy of $6

Long
NYSE:AMC   AMC Entertainment
Looking at the rising tops & bottoms, and also seeing the news of Amazon considering buying AMC (again) as well as the most recent $3MM buy, somebody knows something and is willing to put some money on it. I'll help sell them their calls as high up as they're willing to go.

MacD is overextended, and the end of the week is quickly approaching. There's also a historical level of resistance against the 5.50 line, which tends to make it hard to get past.

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