@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
41.92
Analysis
291
Correct
122
Fail
157
Pending
11
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
AMC
Long Entry
2.8600
2025-08-27
05:12 UTC
Target
3.2500
Fail
2.6000
In 2 Months
Risk/Reward
1 : 2
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Final PnL
-9.09%
P/L: —
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The analysis focuses on AMC stock. The current price is 2.86. The stock is in the range of 3.10 and 2.83. The analyst indicates that if the stock breaks 2.83, the next support is at 2.60. On the weekly timeframe, the stock is beaten overall with some double bottom formation in 2.60-2.38 area. Also, he indicates some resistance stemmed from the longer term resistance. He expects some range before breaking the resistance for bullish short term momentum, in order to break 3.10 and then retest the longer term resistance. Then after that, in case of breaking that longer term resistance, it could lead to a move to the upside.
