Get started

AMC

$AMC: Bullish Reversal Incoming?⭐4H chart huge falling wedge ⭐Target of the falling wedge is 34$ ⭐7.86 Fib level mounted as support (17.5-17.3$) ⭐20$ Resistance confirmed by EMA Ribbons and large VPVR node on the daily chart + 4h ⭐4H MFI bullish divergence, primed for a large bounce ⭐Strong bottoming signals on the daily chart, TD-Sequential red 9 + Vix Fix indicator. We barely wicked below the Ichimoku Cloud which is bullish. A daily close below the Ichimoku Cloud is bearish. ⭐Descending Volume while price consolidates is bullish ⭐Break and hold above the daily Ichimoku Cloud = Bullish ⭐Right now a daily close above 18.5$ is needed to confirm the bottoming signals ⭐Options chain looks bullish, a weekly close above 20$ is likely. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
$AMC had a short lived Bullish run. What is next?NYSE:AMC Chart - Daily EMA (Exponential Moving Average): 20 EMA crossed the 50 EMA but couldn't hold for the next cross over 100 EMA. It is currently trending downwards towards the 50 EMA. TTM squeeze: All momentum is puff, gone. Squeezing downwards :( Fib levels: We now have a reversed fib and at .382 it's the beginning baaaaad news. It must fight off .618 or we headed down for the 1 fib ($13.77). Candle stick: Three Black Crows followed by a Bearish Engulfing. This is baaaaaaaaaaaaaad! Pattern: Falling Wedge or should I say Bearish Price Channel Continuation. News: I really think it's just the volatile markets and the continued fed data about CPI, SPI, and War. History: Well last start first by looking at the previous moves and analysis; We suggested the moves to $27.71 and $31.04 which were right on point. We even got a little extra. The current trends are the exact opposite of the previous analysis. We say this to say that the probability for $AMC to go back to $13.87 (1 fib reversal) is super high given the current market conditions. Especially with today's CPI data of 8.6% for the month of March. Maybe $HYMC could come to the rescue but they seem to be facing the same fate.
NYSE:AMCLong
by STAKKNATION
AMC - 12 Target within RangeWith all the excitement recently around the #wallstreetbets drama in #AMC many continue to chase the 'what if' and are looking at AMC as something it's not. AMC is the same company it has already been. Until AMC has a change in complexion in the chart structure -- the trend is your friend in the descending direction. Until the market structure of AMC changes on the charts the sentiment remains the same. Everyone is banking on another short squeeze, but what if that never comes?
NYSE:AMCShort
by bsdvs23
1
$AMC: Make Or Break⭐AMC is in a huge falling wedge starting from 30$ ⭐Breakout of the falling wedge give us a target of 30$ + ⭐17.5$ Support needs to hold with significant volume ⭐MFI strongly oversold (Bullish Divergence, icoming?) ⭐Volume is lower than before while price is dropping (Bullish) ⭐Vix Fix Indicator strong signal of a bottom ⭐Ichimoku Cloud is green, which could indicate that price is about to make a reversal ⭐Break below 17.3$ (Daily close below) = Bearish ⭐Ichimoku Cloud support 17.3$ needs to hold with significant volume ⭐50K Open interest at 60$ (When 34$ is broken AMC should start running) ⭐Break 20$ (23.5k Open Interest and gamma will start having a positive effect on the price of AMC)
NYSE:AMCLong
by Patriick2jz
1
$AMC BearishOn my last chart of AMC we identified the demand zone and eventually blew right through out target! Now we're hear to look at the reverse of that outcome. I know the bulls and 'ape land' won't approve of this sentiment; nevertheless, I foresee price action returning back to our $12 - $14 range and that could happen within a short duration of time. Let's call it within the next 30-45 days to be conservative; however, I really hate to ever put durations on anything when it comes to the markets.
NYSE:AMCShort
by bsdvs23
$AMC: Really Important Day!⭐20$ Support must be held (Ema Ribbon support), previously this level was a huge level of resistance causing a 3 month consolidation. 20$ is also a large VPVR node that needs to be respected for bullish continuation. 20.9$ is the 7.86 Fib which is a good long term retracement zone. ⭐TD-Sequential red 9 which often indicates a bottom ⭐Looks like the MFI is forming a bottom ⭐Bearish TK-Cross on the Ichimoku Cloud (Bad Signal) most likely if the 20$ level holds this should be ignored ⭐We are retesting the large bull flag. This retest must hold as support ⭐For bullish continuation we need to see a good bounce with a significant amount of volume and a daily close above 23$ ⭐Daily close below 20$ is going to be bearish (Highly unlikely scenario) ⭐Options Chain looking bullish, lower levels barely have any Volume or Open Interest *WARNING* This thread is not financial advice. I am not a financial advisor.
NYSE:AMCLong
by Patriick2jz
Buckle Up ButtercupI have been following GME forever. I have even gone to that little movie that was created to show my dedication. I have GameStop merchandise and clothing. I love this company. Lately things have been feeling different than usual, I still expect time to do its duty, as well as catalysts to potentially increase our duration at these levels as well. Soon however, GME will be more than a stock. Soon I expect large green bars. Soon. Buy. Hold. DRS. Want a choccy milky from the gas station to fill ur tum tum with num nums?! NO!!!! Because save $$ -> BUY -> HOLD -> DRS I LOVE YOU ALL GOODNIGHT (NFA)
NYSE:GMELong
by Trexarch
1