Today we cover AMC Entertainment as a day trade.
AMC showed relative strength today as it was mentioned on Reddit group as well as Stocktwits.
Today's catalyst was also attributed to the news that Top Gun 2 passed $1 billion in global box office over the weekend.
We day traded AMC for a good 10% gain in just a few hours. Congrats!🎉
Watch this video to get the technicals and what to expect moving forward.
Good trading!
Trading Risk Disclaimer
All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.