AMC Correction
Hello,
What is AMC?
AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 17, 2020, it operated approximately 1,000 theatres and 11,000 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas. AMC Entertainment Holdings, Inc. is a subsidiary of Dalian Wanda Group Co., Ltd.
News
There are plans to reopen in theatres July
My Thoughts For You
We see a strong rejection at resistance and now can expect a pullback as indicated on this chart. There is a slight possibility to retest resistance and breakthrough if investors are pumped about AMC reopening in July.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
What is AMC?
AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 17, 2020, it operated approximately 1,000 theatres and 11,000 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas. AMC Entertainment Holdings, Inc. is a subsidiary of Dalian Wanda Group Co., Ltd.
News
There are plans to reopen in theatres July
My Thoughts For You
We see a strong rejection at resistance and now can expect a pullback as indicated on this chart. There is a slight possibility to retest resistance and breakthrough if investors are pumped about AMC reopening in July.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
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