AMC - Coiling again for a big move
Held the demand zone and ST trendline support nicely last week. +++
[*} Good accumulation volume ++
Holding above 60 VMA +++
3D MACD signal is green ++
Overhead supply around 16.5 (also coincides with the 600 DMA)
Takeaway: I like long position here or ideally, on the touch of 16.5 and pullback.
First target 23-25 (around 200 DMA)