$AMC Bullish Option Flow AMC saw bullish Call buying and Put writing today, currently trading +2.7% afterhours . I followed with the 5/20 $13 calls. Bullish confluence in RSI indicator
First line of resistance $14.8/$15 zone will take profits there, with a break to upside implying a further move to $17 zone 10 day MA (blue line)
Lot of supply overhead, move will happen fast where I would suspect a typical dump.
Use a stop loss : )
Cheers
