@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
41.55
Analysis
284
Correct
118
Fail
153
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
AMC
Long Entry
2.9500
2025-08-23
03:46 UTC
Target
3.1800
Fail
2.7800
In 1 Weeks
Risk/Reward
1 : 1
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Final PnL
-5.76%
P/L: —
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The video presents a short-term bullish outlook for AMC. Technical analysis reveals that AMC closed at $2.95, showing a nice day for buyers. $2.83 is holding as a nice support. Analyst upgraded AMC to a buy. Powell pointed out that interest rates may be cut as early as September. The video identifies $2.83 as a crucial support level. The stock had a rally to the $4 psychological level and faces resistance at $3.24. If $3.24 is broken it would be very good for the short term and could result in new retest of $3.60 then $4 dollars. The analysis suggests a volatile move upwards, to retest a resistance around $3.18, given the current ascending profile and $2.83 support level. A break from the resistance will give momentum for $3.60 to $4 range.
