AMC Entertainment

$AMC - consolidating for a while and heading back to trendline

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AMC has a beautiful consolidation trend. Higher lows in the recent pull back. Still will need to break through the resistance but you could play some $40 calls for the end of Oct or higher if you want to gamble more. April-June 2022 calls would also be a nice way to leverage your investments but I would be wary of that trendline. If she does not break through, it could drop 10%+ and take a while to regain the strength for another attempt. GLL!

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