How Soon Will AMC Break the Next Level of Resistance?
AMC stock is up +19.53% in the past month. The movie theatre chain stock has broken resistance levels after it had bounced at $5 levels. The $6 levels have been a strong demand zone for AMC, and recent volume has moved the stock up to $8.30. But recent…
Shareholders Are Preparing for An AMC Short Squeeze
Shareholders are preparing for an AMC short squeeze as the stock continues to trend upwards and break new levels of resistance. The movie theatre stock is up +18.40% on the month and up more than +37% in the past week. Volume has steadily increased and…
AMC Surges +48% in The Past 5 Trading Days
Why is AMC surging? The movie theatre chain stock has surged more than +48% in the past 5 trading days. The stock is up more than +30% since our last ‘buy’ signal on the blog back in late October. And should you buy AMC stock today?…
AMC CEO Says a DRS Will Prevent Shorting
AMC CEO Adam Aron said during Q3 announcements that by using a DRS, or Direct Registration System, investors could prevent the company stock from being shorted. “If you direct register your shares, they cannot be shorted”, said the CEO. Now…
Shareholders and The Public Are AMC’s Only Hope
Short and distort campaigns are flooding Twitter after AMC Entertainment beat Q3 earnings. AMC’s share price tumbled despite the company having beat earnings expectations for Q3 of 2022. Variety says AMC’s partnership with Zoom is bizarre and…
