AMC
$AMC: 30$ Incoming?⚡Bottomed out on monthly Ichimoku Cloud
⚡Bullish Divergence on the MFI
⚡Bottoming signals on the Vix Fix Indicator
⚡TD-Sequential red 9 (Indicates bottom, more accurate on larger time frames)
⚡AMC needs to reclaim the monthly VWAP above 13$
⚡Break the 14-16$ Resistance
⚡Break above 18.75$ (Monthly Ichimoku Cloud resistance) for larger moves
⚡Bullish Options Chain, hints for upside
⚡Break and hold above 14$ = Bull
⚡Reject the 14$ level = Bear
*WARNING* This thread is not financial advice. I am not a financial advisor.
AMC Time Horizon & Price Targets Sometimes current events seam like an organic component of the extension of the pattern. Short selling and hedge funds may be playing their games but it looks like their window of opportunity is limited.. Lets hope the pattern plays out. Let me know what you think in the comments below.
This is not investment advice, but only my perspective..
AMC fractal cycle (5 parts)Most of us who looked into the executive order catalyst will understand why we saw the push down after june 3rd, and more-so why we are where we are today. Here, I show my idea for the fractal cycle. Before a cycle begins, there is usually a selloff, however, that can be debated as the full year leading up to the jan squeeze can be technically defined as a 'sudden spawned start', if you get what I'm saying (though there is an entry by sell off). If you look at the 1hr chart, and go back to 2020, you can find small renditions of the pattern we see if we zoom out (say on the weekly). I will post a link to that example.
So, my idea is that when executive order 14032 got signed on June 3rd, 2021, the cycle was halted, and purple was put on hold. Now, we have been traversing green. The cycle is not complete until purple is finished and white enters play. It goes:
1) red - accumulation
2) yellow - accumulation
3) green - accumulation
4) purple - distribution
5) white - sell off
restart.
In essence, it is very simple to know when a new cycle begins. As soon as the high of one section is surpassed, the new cycle begins. So for 2020, the high was 7.56. As soon as we ran past that, macro yellow 2021 began. The high for yellow 2021 was 20.36 (not including ah/pm). As soon as we ran past that.. you get the point. So purple will start as soon as we run past 72.62. So a question that should concern you is, 'well it could hit 73 and just sell off?' Yes, that is logically valid. It is up to you how you traverse that new cycle. Look at my plot maps (only 2) and see how you might consider purple representing higher than just 73. But of course.. this is not financial advice.
So things to look for for 2nd & 3rd week of june:
need a triple bottom around 9.70 (if it breaks 9.70 then we are still in a sell off period - short term)
If we get the triple bottom then it would signal a buy.
August 2nd is next catalyst with regards to executive order. The real question is (addressing any firms tied up in this) to be or not to be first. God speed
AMC: Top Gun 2 will boost stock!AMC
Intraday - We look to Buy a break of 14.80 (stop at 9.61)
Posted a Double Bottom formation. This is positive for sentiment and the uptrend has potential to return. A break of 14.50 is needed to confirm follow through bullish momentum. Further upside is expected.
Our profit targets will be 29.37 and 34.30
Resistance: 14.50 / 20.00 / 30.00
Support: 10.00 / 7.50 / 2.20
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[STOCKS] AMC Position Management (DCA)Hello everyone,
I've been covering the AMC topic on my YouTube channel for over a year now. In the meantime, I came across many people who (unfortunately) have bought in at a relatively high price. In this idea, we're looking at the effect of Dollar-Cost Averaging your position.
There are two examples here
You've bought your first 1000 Shares at $35.96 ($35960)
(1) You buy 1000 Shares at $10.39 ($10390) and end up with an average buy-in price of ~$23.80
(2) You buy 2500 Shares at $4.00 ($10000) and end up with an average buy-in price of ~$13.20
This is just an example. Of course, the numbers are individual.
This method is essential if you want to break even or close your position with some profits. This also requires capital management and some spare money.
If you're overinvested and have nothing left to lower your buy-in price, you need to stay calm & patient.
While we're looking at the weekly chart, we see three reasons in this chart for a possible trend-reversal
The price found support at $9.50, which is also the key level of the bullish pennant from Jan 21 to May 21
The Relative Strength Index (RSI) is printing a divergence. Buyers seem to be active in the market while the chart shows a lower low, mainly due to the recent fear & sell-off in the market. We've talked about the reasons in my previous ideas.
The ADX indicates an absent trend, similar to the price action at the end of 2020. Sellers might be exhausted at this point.
We could see two scenarios here
1. A retracement within the downwards trend to ~$19, followed by another sell-off and a lower low
2. A full trend change with the price moving past the $19 level and finding support here
Both scenarios require time for confirmation. For now, I'm long and I'll add some more to my position within the next days.
If you like this idea, please let me know by commenting or liking. Feel free to share your own idea in the comments as well. Also, check out the stuff below ⤵️
Update: ;AMC macro cycle TA TheoryFirst, please look closely. That green wave is, essentially the void. A place where the price has no sky limit except for the yellow dotted line connecting the peaks of the last two squeezes. The white has been used to keep price stable. Any halts we saw, i think, is due to fear from letting the price leave these lines of resistance. Inside the the purple is what they want. There is a top but no bottom. Perhaps the cycle is 'pull buy orders during the cross over' then when it enters the purple 'let it rip'. This can change of course, if ftds become too hot or the swaps place too much risk. If this happens, then you use the long wave across the top (also white) to act as an area of distribution. The scary thing for them is that eventually, there is an end.. but its so far down the line (2025) it works in their favor. There needs to be a catalyst.. something.. that breaks us out of the resistance otherwise we smooth sail until 2025
AMC Bullish...Since the low of May 11th, 2022; AMC made an impulse to the upside and seems to now have completed a 3 wave correction of that small impulse which for now confirms my bullish move for the next coming months. Though I was expecting price to move into the bluebox but it fell short but because of the nature of the current price action I then can now no longer look for downside because price has exhausted downside possibilities for the short term.
Rackspace, Gamestop, AMC, HYMC and others trade eerily similarMany of us know that GME , AMC , HYMC , BB , BBBY and others generally trade in a strange near identical parity within a given timeframe.
I was curious as I've recently done some research into Rackspace Technology 's ( NASDAQ:RXT ) current market situation and market history - in particular a common thread that many mysteriously struggling and now defunct companies share - that Apollo Global Management has at some point had a hand in their financial trajectory, usually following the same modus operandi, take a struggling public company private (buying all outstanding shares at the deep discount leaving most long shareholders holding the bag), doing massive gutting and PR, taking the company public again with a relatively high IPO, and mysteriously the company just never seems to succeed but becomes a prime target for heavy short selling (though not directly Apollo, the insiders involved are related in some way to Apollo, Blockbuster, ToysRUs, Sears, Caesars Casinos such as Harrah's, Claire's Jewelry, Linens n Things, to name a few billionaire_boys_club_bbc_ep_16_part_3_the_apollo/ ) - ... incidentally Apollo leaves some particular people embedded on the board of directors - people who have been involved in the rescue and ultimate dissolution of major corporations.
The theory is that this is all by design, just following a playbook. Here is a very well researched dive into the connection starting with the infamous Mike Milken and his proteges and going into the connections between this group and many high profile corporate failures. billionaire_boys_club_bbc_ep_16_part_6_the_apollo
I encourage you to read the entire series www.reddit.com
If you don't believe me, just look at "Independent Directors" Mitchell Alan Garber (incidentally was CEO of Caesars Interactive Entertainment) (and Aquisition Co. www.wsj.com and Dhiren R. Fonseca... there are more. These two were directly involved in the purchase and downfall of Caesars Casinos in particular Harrah's entire portfolio.
An example of the scheme Apollo perpetrates is described pretty well in Harrah's wikipedia article starting with its purchase and privatization, next IPO, then some finagling, and finally bankruptcy en.wikipedia.org .
Apollo Global has been busy for the past 15 years with this scheme and it's always explained away or swept under the rug through clever legal/corporate maneuvering. I wanted to raise awareness. . Some people have noticed an uptick:
www.reddit.com
And the salient point is that it all comes back to an elite circle that includes Apollo, Citadel, and others.
$AMC Bullish Option Flow AMC saw bullish Call buying and Put writing today, currently trading +2.7% afterhours . I followed with the 5/20 $13 calls. Bullish confluence in RSI indicator
First line of resistance $14.8/$15 zone will take profits there, with a break to upside implying a further move to $17 zone 10 day MA (blue line)
Lot of supply overhead, move will happen fast where I would suspect a typical dump.
Use a stop loss : )
Cheers
$AMC: Reversal⚡Bullish Divergence on the MFI
⚡Vix Fix strong bottoming signals
⚡7.86 Fib Retracement measured from the trend reversal candle (43$), this area stands as strong support confirmed by large VPVR node
⚡TD-Sequential red 8, often reverses the trend once spotted on larger time frames
⚡Big volume support trendline at 10$
⚡Liquidity zone between 7.5-10$ (Strong support)
⚡A 3D close above the 7.86 Fib signifies the reversal
⚡Later on we have resistance at the 7.07 Fib (13.5$) confirmed by VPVR node
⚡Golden pocket Fib resistance at 15.8-17$
⚡0.5 Fib + Ichimoku Cloud resistance at 21$ + 20$
⚡Watch for a break of 14.64$ to confirm bullish price action
⚡Options Chain looking healthy, an upswing is possible at these levels
*WARNING* This thread is not financial advice. I am not a financial advisor.
AMC Bullish! Alternate view in play from last weeks analysis...
We are still bullish on AMC, but however a slight change occurred when price broke below 12,72 meaning that the price is now completing a 11 swing sequence (WXYXZ) to the bottom of the channel and expecting to bounce from around the bluebox area of 8,30 and (not expected to go below the bluebox(5.23) from which we will invalidate our analysis).
$AMC: Spike Incoming?⚡Possible retest of the 7.86 Fib (11$) Strong VPVR support, this would also test the previous 0.5 Fib which acted as strong resistance, confirming this support is a sign of reversal
⚡Golden pocket reistance 16.9-18.8$ Confirmed by VPVR
⚡23$ resistance confirmed by 0.5 Fib + Ichimoku Cloud resistance
⚡28$ Resistance 0.382 Fib confirmed by volatile candles
⚡34$ 0.236 Fib resistance + doubble bottom resistance, last time the 0.236 Fib controlled the upswing
⚡Strong Bullish Divergence on the MFI, could signify bullish price action
⚡TD-Sequential red 8 on downtrend, signal of reversal
⚡The Options Chain hints for a reclaim of the 14$ level
⚡Lower targets are unlikely according to the Options Chain
*WARNING* This thread is not financial advice. I am not a financial advisor.
$AMC to the moon?Basically yes, you can see $AMC reaching the $60 level without any problem, i want to put some fact in the table, punished stocks after earnings are those which have problems with the supply chain and distribution costs increased by the prices of oil and nat gas, in the case of $AMC, they don't produce nothing, they are yous waiting for you to seat in a dark room to watch the most incredible movies and events, so, i think this is a derisked stock.
AMC May Have Found SupportA trendline can be drawn showing a resistance area, which now could be considered a support area
This is a resistance / support analysis
The shift from bear to bull market is in green
Emergence of the 200MA allows an assumption of a support as it aligns above the down trend line