eltraderche

Short Activity Report - Yellow - Carefull now...

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NYSE:AMC   AMC Entertainment
There is a light at the end of the tunnel focus on a sign that says: Short below 34 only...So if you have "bear goggles" you took that bate above the 34 support and you may have to cover soon..if anything you have entered a battle you cannot withraw from untill you are whole..which will make you trade and trade and trade untill you are whole again. If you are a bull...you BOUGHT that bottom at 36 and you bought that again at 34.50 and are sitting back and watching the action with our fingers crossed that the reversal will develop and hold to run those bears back up to 37 and accelerating back to 46 to battle again on even ground.

So I am happy to see the activity picking up and confirmation of the technical predictions as this means the bttle rages on.. as long as there is a battle there is profit to be made.

All the best...buy that bottom ... just a thought.
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