AMC
AMC Stock Technical AnalysisThe Idea would be to follow the trend, therefore find a signal to sell as the trend is downward.
Option One Sell only if in the next day the resistance of 28 USD will not be broken.
If the 28USD will be broken just HOLD.
If you are long maintain the position if the 28 USD will be broken. You should not be long on a bearing market.
MEGL Magic Empire Global Limited ultra-speculative bet!MEGL Magic Empire Global Limited was an IPO that went to $249.94 in the first day of trading.
It reminded me of HKD and AMTD!
but what if it still has juice in it???
Looks like a high risk, high reward situation.
Looking forward to read your opinion about it!
Would you invest in MEGL??
GME Retesting BreakoutSimple chart, downward channel for GME has slightly broke out this week, retesting the top of the channel to see if this can act as support now. A daily close above this channel with continued volume would potentially mean a continuation of a breakout.
When breakouts from channels occur, we often see a retest of the breakout area which I refer to as "basing". See related idea for example of basing on a breakout.
ALF READY FOR TAKE OR HARD LANDING?All,
This is technical play looks like it might be building here and take the parabolic curve up. Also could drop and essentially double bottom. I think it's worth setting alerts at the all time low double bottom and several near breakout area. Obviously this is a 8M low float technical play here.
WIX -WW- Potential Dual BreakoutNASDAQ:WIX
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All,
Been AFK for quite a while didn't trade much since December just converted to cash after a few medium L's around Jan.
**I think an obvious disclaimer here is this is contingent on the market/war/fed data not being bad after this. Too fragile right now.
On this one I think we have a really good Supply/Demand area and possible breakout. Pretty decent fundamentals overall. I would be looking mainly for an options play w/ cover or just stock.
OPTION #1 --- BREAKOUT
**Only would take trade on retest of breakout.
Target 1: 110
Target 2: 122
Target 3: 134 unlikely without news/huge market news.
OPTION #2 --- WEDGE PLAY
Assuming breakout fails and it may. I am going to most likely buy the bottom of the wedge/triangle seeing as its a pretty great spot for demand.
8/10/22 AMCAMC Entertainment Holdings, Inc. ( NYSE:AMC )
Sector: Consumer Services (Movies/Entertainment)
Market Capitalization: $12.233B
Current Price: $23.67
Breakout Price: $27.00
Buy Zone (Top/Bottom Range): $20.60-$14.20
Price Target: $33.00-$34.20 (1st), $40.60-$42.30 (2nd)
Estimated Duration to Target: 23-25d, 47-50d
Contract of Interest: $AMC 9/2/22 25c, $AMC 9/16/22 25c
Trade price as of publish date: $3.55/contract, $4.25/contract
AMC Next stop @ $33 APE STRONGAMC Next stop @ $33 APE STRONG
Think were headed up to $33 with Ease...
Might have a pitstop, probably due to a halt @ $33 where afterwards we form the handle and curve to the moon for crayons! IMO Not Financial advice If Everybody bought in, what could the hedgies do? ABSOLUTELY NOTHING HUUU LOL GOOD LUCK SEE YOU ON THE MOON FOR MOASS
GME Long Term Mega FlagWe have before us an ordeal of the most grievous kind. We have before us many many long months of struggle and of suffering. You ask, what is our goal? I can say: It is to wage war, by buying, holding, and then buying again with all our might and with all the strength that God can give us; to wage war against the shill and suits that bend us over everyday, never surpassed in the dark, lamentable catalog of human crime. That is our goal...
GME has been the most frustrating, Challenging, and possibly the biggest trade I've ever been in. That being said my conviction has never been stronger going into the rest of the year (Especially the short term outlook)... NFT market place, Stock Split Dividend. I'm adding to my position every week because I can. Nothing but time costs me to hold my shares, we will be on Banana Planet sooner than you think.
I currently expect a continuance of bullish price action going into the split dat of the 21st, then a slight dump back down into support right before we make our final ascent into the atmosphere on the journey to Banana Planet :Price target $420 (Post Split) $1700 (Pre Split)
Good luck to all my Apes, and to the Shill Shorts...I hope you get out before we burn your positions to the ground.
AMC - Will the algos play in our favour?As seen in the chart, we can mark out historic fractals that look to repeat themseleves over different lengths of time.
Fractal theory has been around for a long time now and no moonshot predictions have come to fruition. This is soely my own theory and should not be taken as finacial advise!
- AMC has shown strength in holding the bold white trendline support from the lows of 2021.
- AMC has regained an important support level in the 14.50 region.
- AMC continues to improve fundamentally, we should have good earnings this quater with the amount of high grossing films that have released. Also a good start on debt payment and investment in other companies.
- Retail is still strong and continue to support and hold AMC stock.
Blue fractal box includes our march spike up to 33$, i believe this is the same move as the january squeeze but we were pinned back.
We are now in the purple box which follows Feb - end of March 2021. After this we have a small pullback from which we experience our next run. This also lines up with my wyckoff analysis on lower timeframes where we look to be in a micro SOS. Im hoping we continue our momentum up to 20$ before a small pullback which would be BU/LPS. From here we can experience a pop like June 2021.
PROBABLY WRONG, NOT FINANCIAL ADVICE, ALL MY OWN OPINION!!!
$50 is possibleWell, let me tell you what is going to happen, $AMC is going to $50, the dividend $APE share announcement will make this going to ths starts for the same people that was stopping it just because if this doesn't happen before August 19 the will have to pay to all the synthetic shares the dividend. They will send this high to see a lot of people selling and getting out.