CPXGF
CINEPLEX INC
stock OTC

Volume: huge
Candle: \~three white soldiers
9 d ema: way above
Action details:
After closing over an ascending trendline initiated on the high of 17APR26, anchored on the high of 01JUN26, and scraping 11JUN26, it retested it on 15JUN26, then bullishly engulfed 15JUN26 on higher volume and took off.
Has quality volume since this rally began on 30MAR26. Pulled back on lower volume from the huge up move of 01JUN26 and has accelerated on higher volume than it pulled back on.
Previously had a false break over the "B" point high of 01JUN26. That's OK since higher volume came into it, not on any single day, but collectively on WED and THURS.
As predicted in the summary post for 29MAY26, reached the 2.56 Fib projection (went much farther) of the 1.32 rally off of the \~1.00 area.
Up on a sharp angle, but OK since pushing with volume. Volume is increasing as price is moving up.
Up with conviction in front of the holiday weekend. Anticipation of good box office sales and fear of being short over a three-day period without the ability to cover.
THURS had low off-exchange volume (below 60% is low for AMC.) Thus, gave more insight into what the trades were and they were buys (probably short covering) as evidenced by the big up move.
Up on an up day for stocks and an up day for it's competitors (CNK, CPXGF, & IMAX.)
There was a big FTD day on 15MAY26 settlement, 2.4M shares.

Volume: huge
Candle: \~three white soldiers
9 d ema: way above
Action details:
After closing over an ascending trendline initiated on the high of 17APR26, anchored on the high of 01JUN26, and scraping 11JUN26, it retested it on 15JUN26, then bullishly engulfed 15JUN26 on higher volume and took off.
Has quality volume since this rally began on 30MAR26. Pulled back on lower volume from the huge up move of 01JUN26 and has accelerated on higher volume than it pulled back on.
Previously had a false break over the "B" point high of 01JUN26. That's OK since higher volume came into it, not on any single day, but collectively on WED and THURS.
As predicted in the summary post for 29MAY26, reached the 2.56 Fib projection (went much farther) of the 1.32 rally off of the \~1.00 area.
Up on a sharp angle, but OK since pushing with volume. Volume is increasing as price is moving up.
Up with conviction in front of the holiday weekend. Anticipation of good box office sales and fear of being short over a three-day period without the ability to cover.
THURS had low off-exchange volume (below 60% is low for AMC.) Thus, gave more insight into what the trades were and they were buys (probably short covering) as evidenced by the big up move.
Up on an up day for stocks and an up day for it's competitors (CNK, CPXGF, & IMAX.)
There was a big FTD day on 15MAY26 settlement, 2.4M shares.