AMC Entertainment Is Getting Hot Again: Here's What To Look For
AMC Entertainment Is Getting Hot Again: Here's What To Look For
AMC Entertainment Holdings Inc. (NYSE:AMC) shares are trading higher Monday, possibly after Pfizer Inc.’s (NYSE:PFE) COVID-19 vaccine was approved by the FDA. This could increase vaccination rates and improve movie theater traffic in the future.
AMC Entertainment was up 6.89% at $36.78 at market close Monday.
AMC Entertainment週一收盤上漲6.89%，報36.78美元。
AMC Entertainment Daily Chart Analysis
AMC娛樂日線圖分析
The stock is at resistance and possibly nearing a breakout in what technical traders call a falling wedge pattern.
The stock trades below the 50-day moving average (green), but above the 200-day moving average (blue), indicating the stock is likely in a period of consolidation.
The 50-day moving average may act as resistance, while support may be found near the 200-day moving average.
If the stock can break resistance it may see a further upward move, but if it is unable to break it may fall somewhere near support before it makes another attempt.
The Relative Strength Index (RSI) has been moving higher and crossed above the middle line. This means there is now more buying pressure than selling pressure in the stock.
該股處於阻力位，可能接近突破，技術交易員稱其為下跌楔形格局。
該股在50日移動均線(綠色)下方交投，但在200日移動均線(藍色)上方交投，表明該股可能處於盤整期。
50日移動均線切入位可能充當阻力，而支撐位可能在200日移動均線切入位附近尋獲。
如果該股能夠突破阻力，它可能會看到進一步的上行，但如果它不能突破，它可能會在再次嘗試之前跌到接近支撐位的某個地方。
相對強弱指數(RSI)一直在走高，並在中線上方交叉。這意味着目前該股的買入壓力大於賣壓。
What’s Next For AMC Entertainment?
AMC娛樂公司的下一步是什麼？
Bullish traders are looking to see the stock break above pattern resistance with strong volume in the stock. If the RSI can climb higher as the stock moves with volume it may see a breakout and continue to climb.
看漲的交易員希望看到該股突破形態阻力，成交量強勁。如果RSI指數能夠隨着股票的成交量上升而攀升，它可能會出現突破，並繼續攀升。
Bearish traders would like to see the stock be unable to cross above resistance and to start falling back toward support. Bears would then like to see the pattern support be broken and for the stock to fall further.
看跌的交易員希望看到該股無法突破阻力，開始向支撐位回落。然後，空頭希望看到模式支撐被打破，股票進一步下跌。