AMC - Downward channel breakout Long from $14.23 to $19.83
AMC is looking great. It seems breaking out a downward channel. Moneyflow just crossed to the positive side, and It has good insider buying. We think it has strong upside potential.
* Trade Criteria *
Date First Found- November 27, 2017
Pattern/Why- Potential Downward channel breakout
Entry Target Criteria- pullback to $14.23 or a break of $15.30
Exit Target Criteria- 1st Target $17.47; 2nd Target $19.83
Stop Loss Criteria- $13.23 (Likely)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- November 27, 2017
Pattern/Why- Potential Downward channel breakout
Entry Target Criteria- pullback to $14.23 or a break of $15.30
Exit Target Criteria- 1st Target $17.47; 2nd Target $19.83
Stop Loss Criteria- $13.23 (Likely)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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