AMC Entertainment Holdings Inc. shares are trading higher Tuesday after the company announced preliminary fourth-quarter financial results. AMC reported preliminary quarterly revenue of $1.1716 billion, which is above the Street estimate of $1.09 billion and up from $162.5 million year-over-year. AMC stock was up 14.76 percent at $18.43 midday Tuesday. AMC Daily Chart Analysis Shares have been trading in a downward trending channel after falling out of what traders call a pennant pattern. The price has been climbing and nears the resistance of the channel. A break above this resistance could signal a trend reversal is coming. The stock trades below both the 50-day moving average (green) and the 200-day moving average (blue). This indicates bearish sentiment, and each of these moving averages may hold as an area of resistance in the future. The Relative Strength Index (RSI) has been climbing the past few days and now sits at 34 …