AMC Network, American entertainment company listed in the NASDAQ, benefits from the upward trend initiated from several months.

According to Surperformance rating, the company has strong fundamentals. Firstly, the Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. The great business predictability emphasize the quality of this investment in the mid-term.

Technical patterns are all in the green: prices are up for several months. The reversal should continue in the coming trading sessions. The 20-day moving average should help to reach the USD 65.8 long term resistance.

According to both technical and fundamental elements, it seems opportune to take a long position at the current price. The bullish trend should allow the security to reach the USD 65.8 short term resistance. A stop loss will be placed under the 50-day moving average to avoid a downtrend.