AMC released a preliminary statement for their upcoming quarterly earnings report. This caused quite a bit of action in after-hours trading on Friday after the close.
The rhetoric in the preliminary statement sounded confident, but there was a mention of continued earnings pressure due to the Hollywood strikes that occurred a long time ago. This mention led to an after-hours sell-off. You can see how the market responded to the report in the chart below.
There was a sharp spike ...
The rhetoric in the preliminary statement sounded confident, but there was a mention of continued earnings pressure due to the Hollywood strikes that occurred a long time ago. This mention led to an after-hours sell-off. You can see how the market responded to the report in the chart below.
There was a sharp spike ...
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$AMC Entertainment(AMC.US$
After a strong rally that started last week, AMC's price action has reached its first moment of truth. Will this rally continue? Or was this just a technical bounce before the bearishness continues?
You can see in the chart below how AMC has exhibited a very strong performance over the past week and a half. All of this has been happening while the major indices have been struggling to...
After a strong rally that started last week, AMC's price action has reached its first moment of truth. Will this rally continue? Or was this just a technical bounce before the bearishness continues?
You can see in the chart below how AMC has exhibited a very strong performance over the past week and a half. All of this has been happening while the major indices have been struggling to...
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$MAYBANK(1155.MY$
One of the best performing stocks on the Malaysian stock market over the long run is MayBank.
Currently, the price has essentially been flat since mid-March as the price action is consolidating within a horizontal price channel. You can see this in the chart directly below.
Personally, I would wait for the price action to pick a direction before making any investment decisions.
After a 13% run up, one might expect the price action to take a...
One of the best performing stocks on the Malaysian stock market over the long run is MayBank.
Currently, the price has essentially been flat since mid-March as the price action is consolidating within a horizontal price channel. You can see this in the chart directly below.
Personally, I would wait for the price action to pick a direction before making any investment decisions.
After a 13% run up, one might expect the price action to take a...
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$PepsiCo(PEP.US$
I thought we would break out last time. But the price rejected the resistance line from the chart below. We might finally see that breakout. Keep watch.
I thought we would break out last time. But the price rejected the resistance line from the chart below. We might finally see that breakout. Keep watch.
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The last swing up paid out nicely. It looks like we might have another profitable swing trade on our hands.
$Altria(MO.US$
$Philip Morris International(PM.US$
$Altria(MO.US$
$Philip Morris International(PM.US$
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Equities and crypto are completely tanking while safe havens and energy intensive commodities are ripping.
$SPDR S&P 500 ETF(SPY.US$ $Hang Seng Index(800000.HK$ $Hang Seng TECH Index(800700.HK$
$SPDR S&P 500 ETF(SPY.US$ $Hang Seng Index(800000.HK$ $Hang Seng TECH Index(800700.HK$
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SpyderCallOP Stock_Drift: You could be right. It was just an after-hours move, after all. But the move was based on guidance. So, that makes it a bit more worrisome to see this reaction in AMC's stock price. Guidance is a great price catalyst.
SpyderCallOP Methodman10: You could be right. who knows?