Stock Trading Idea: $AMC riding the Star Wars hype, swinging until late Feb - early March 2018

in amc •  7 years ago 

60 shares @ 15.22 avg

Buy <15 or near that blue fib line @ 14.20-14.30

Ride the Star Wars hype, Dark Crystal news, VR cinema $30 mil deal

It looks like it corrected to that blue fib (61.8%) and has consolidated nicely there

Planning to swing this 2 months, buying some $19 call options as well

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Yeah, this one sucked, I didn't buy any calls, just had a small position and sold for minimal profit