eltraderche

Short Activity Report - Green

NYSE:AMC   AMC Entertainment
We aare moving inside the squeeze beetween 28 and 71. The directional momentom is sideways with a north wind. Impportant supports are 28, 32 34 36 resistances around 37,50 38 39 40 46 48. We are expecting movement to 48 dollars on the upside.PMO signal is incoming on the daily and in play turning bullish on the samaller timeframes. Volume is average, nothing particular except the traffic is mostly institutional on the thirda markets. Phantom 1000 and 1500 dolalr prices on EIX and AMEX are showing there is loads of activity on the dark pool exchanges.

Green + Happy Sailing, no shorts in sight, bullish outook with institutional interest
Green Happy Sailing, no shorts in sight
Yellow Some short activity, strong resistance, posible short play
Red Shorts are owning the tape, downside inminent.

Good Luck, Just a thought!

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