Bullish on AMC stock
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Bears have dramatically discounted this already over-discounted stock... Honestly I'd definitely look to buy anything below $4.60 (if you can!). I don't see these prices lasting long.
As with any stock that is bottoming, don't go all in thinking it's at a bottom and then panic sell because it drops (or goes up) 10 or 20 cents. That is exactly what caused this to keep dropping in the first place! You want to see a bottom form and a fast (or steady) move upward. Then wait for the dip and start buying at the support level or just above/below.
As with any stock that is bottoming, don't go all in thinking it's at a bottom and then panic sell because it drops (or goes up) 10 or 20 cents. That is exactly what caused this to keep dropping in the first place! You want to see a bottom form and a fast (or steady) move upward. Then wait for the dip and start buying at the support level or just above/below.
Note
Check out the 4 hour (copy and paste link below)i.imgur.com/mAnrEP7.png
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