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AMC Entertainment Holdings, Inc - Smart Money Concepts Technical Analysis
AMC Entertainment Holdings, Inc. is an American movie theater chain founded in Kansas City, Missouri, and now headquartered in Leawood, Kansas. It is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres.
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Smart money concept trading is a trading strategy that is based on the idea that large institutional investors, such as banks, hedge funds and mutual funds, have more knowledge and resources than individual retail traders or investors.
SMC traders aim to align their strategies with the intentions of smart money, often by tracking their movements through order blocks and breaker blocks. Based on the SMC theory, financial markets are largely controlled by financial institutions, hedge funds, and governments.
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