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The Water Cooler
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AMC Stock Movement on the NYSE
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<blockquote data-quote="zghorner" data-source="post: 3579747" data-attributes="member: 35089"><p>looks to be in the markup phase according to Wyckoff...how far it goes is anyone's guess.</p><p></p><p><img src="https://forextraininggroup.com/wp-content/uploads/2017/12/Wyckoff-Price_Cycle-1.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p>The company still has a ton of debt (tradingview puts it at over 11B) and I havnt seen them making big changes like GME has...everything is riding on reopening of the economy for AMC. I made decent money on long AMC calls during the first pump...IV is pretty high right now if you own over 100 shares you might consider selling CC for some pretty risk free profit.</p></blockquote><p></p>
[QUOTE="zghorner, post: 3579747, member: 35089"] looks to be in the markup phase according to Wyckoff...how far it goes is anyone's guess. [IMG]https://forextraininggroup.com/wp-content/uploads/2017/12/Wyckoff-Price_Cycle-1.png[/IMG] The company still has a ton of debt (tradingview puts it at over 11B) and I havnt seen them making big changes like GME has...everything is riding on reopening of the economy for AMC. I made decent money on long AMC calls during the first pump...IV is pretty high right now if you own over 100 shares you might consider selling CC for some pretty risk free profit. [/QUOTE]
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