AMC LongAMC is still on track for a B wave after this nasty day in the market. Would continue to add too positions.
AMC
AMC missing 0.681 fib level by 4 centsAMC hit today the 0.618 fib level, respectively missed it by 4 cents. My prediction for wave 3 is the move into the $41.80 range in the next 5 trading days. By the way the RSI is cooling off and the price is dropping while volume is also dropping, absolute bullish!
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)
AMC SQUEEZE PART 2 Who remember 2 weeks ago I said AMC and GME will begin squeezing. Since then GME went from 70-80 to 200 and AMC from 12 to 34. Now im seeing the exact same thing. Thus im expecting another leg up for both stocks.
Getting ready to flyafter ER, will have big short sqz. highly shorted and crossing 20day MA soon, then 50 and then 100
Shiba Inu: Double Bottom at PCZ of Bullish GartleyWe have tow bottoms at the .786 retrace PCZ of this Bullish Gartley with the addition of Bullish Divergence and if it plays out Shiba Inu could go absolutely insane as it has historically except this time there would be a tremendous technical argument as to why it does rather than it just being for the memes.
TSLACalls over 1118 can work. There's no resistance until 1200.
I would wait for 1054 to go short.
Trade Idea: 1200C 4/8/22
$AMC: Strong Bullish Divergence!⭐Broken out of 9 month falling wedge with a 6 month engulfing volume
⭐Broken out of monthly Ichimoku Cloud resistance
⭐Broken out of EMA Ribbon resistance at 20.8$
⭐Vix Fix indicator shows for the first time in 13 months a strong signal of a bottom
*WARNING* This thread is not financial advice. I am not a financial advisor.
Thank you for reading.
$AMC: 30$ Incoming?⭐Bottomed out and closed above the Ichimoku Cloud (22.7$) and we succesfully mounted the long term retracement zone (.786 Fib)
⭐Short term resistance levels, 23.5$ (Ema Ribbon) 24.4$ (EMA Ribbon)
⭐Watch for a break of the 0.5 Fib (25$) with good volume
⭐1H chart bullish divergence on the MFI
⭐Vix Fix bottom signals on 1h confirmed with buying pressure
⭐1H falling wedge pattern
⭐Red 9 on the TD-Sequential (Downtrend completed)
⭐Green 1 on TD-Sequential (1H) Beginning of an uptrend
⭐Breakout of the falling wedge (Could send us to 30$)
⭐Worst case scenario 20.5$ EMA Ribbon support
*WARNING* This thread is not financial advice. I am not a finacial advisor.
Thank you for reading.
Possible AMC Scenario NYSE:AMC
Possible scenario is that we're finishing the B leg currently as it is in a falling wedge and will breakout this week for C leg. Volume decreasing as price is dropping is bullish. PT for C leg rn is around 55$. If there is enough momentum there may be a 5th leg which would validate that this is a 5 wave impulse and pt would be around 100ish. Good luck! lmk what you guys think
Forming wedge (Bullish) springboardA bullish flag was formed at the end of march indicating a reversal which saw us push up into the $30 region before the NYSE put the breakers on, leaving us hovering in the $23 region. We are now forming a wedge for Monday. If this pattern continues, we'll springboard on retest from the $23 to $26 dollar level at this point, the resistance key levels will be $27.88 before we head back into the $30 dollar region.
Lets see if fundamentals continue to work in an unfair market.
AMC WEDGE BREAKOUT & RETESTLooks like AMC broke out of the bullish descending wedge here on the daily, The minute it had first broke we ran up 34$ pretty quick. Now as you can see we are coming down to retest the the wedge breakout area, allowing the RSI to cool off due to it being inflated pretty quickly. I am personally adding to my position in this ticker at this time, If you are daytrading this then you sold a long time ago at the peak hopefully, But if you are in this for a longer term swing/squeeze play then I would not be nervous nor shaky about this downside move. If you are in fact not sure wether you want to hold AMC or buy through this volatility then this play was never for you. Stick to your plan, and don't be a pompous tiny weenie person about it if you're short. Good luck to all.
Wyckoff #1 on 4h ChartWyckoff #1 on 4h Chart - We are currently forming the wedge in Phase D - Maybe takeoff in 2nd April week? 🚀
AMC MAIN RUN Scenario 2I've always thought that they would slowly let this unfold like a Tesla play. This pattern seems to be the most likely scenario that they could let it play out to. Guess we will have to wait and see.
AMC - Building momentum but know your levels
Double bottom breakout in progress.
Price just bellow next supply zone..building energy for a big move.
I'd expect test of 29, with trendline in play.
pullback there and consolidation above 24 should set it for next leg up around 44.
AMC Back to the Moon? AMC
Short Term - We look to Buy at 21.31 (stop at 17.60)
Preferred trade is to buy on dips. 50 1day EMA is at 20.00. We have a 61.8% Fibonacci pullback level of 21.09 from 12.90 to 34.41. Trading volume is increasing. Previous resistance, now becomes support at 21.00.
Our profit targets will be 34.41 and 43.15
Resistance: 30.00 / 35.00 / 40.00
Support: 21.00 / 15.00 / 10.00
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AMC Descending TriangleDescending triangles are normally seen to be bearish, but in AMC's case the fundamentals, current hype and the company,s recent investment in mining company HYMC leads me to believe this is a bullish scenario. We've fallen out of a 9 month falling wedge but we still haven't exited the triangle. My prediction is that this will happen between now and mid- to late July. Hang on to your hats.
Amc Looking for higher lowI have no opinion of the company
the large green volume candle suggests higher prices but we need support above fib .618
Large volumes usually indicate exhaustion depending on their position in the chart or future things to come, and some times both
We need to hold support above 20ish and raw sideways.
AMC TREND ANALYSIS Its due for the massive gap up SQUEEZE ALERT
If AMC makes a massive rip up in the next week I am almost confident it will be similar to 2021
Not financial advice
AMC next leg up | Road to $100 a sharethis is what I believe the next leg could look like, I expect further sideways action as we hover above the daily 200 EMA. We could make another move up to $30 next week, again not financial advice just what I believe will happen next & wanted to share my thoughts. LFG APES
AMC Moon Phase Analysis MarketMoonLordNew Moon Friday, Bullish for the next two weeks for a MoonShot!
$AMC: Huge Rounded Bottom! (TARGET 47$)A huge rounded bottom has been spotted on AMC.
⭐Neckline Resistance (30$) The 30$ level is a huge level when it comes to options. 33.5k Volume and 21k Open Interest.
⭐Short term rejection (25.35-26.5$) 7.86 Fib (25.35$)
⭐This rounded bottom pattern is valid due to its touchpoints being supported by large buying-volume.
⭐Once 30$ Is broken we face resistance at 33-34$, 36-37$, 38$ 40.5$, 42$, 44$
⭐The weekly options remain bullish (35$, 20k Volume and 25k Open Interest) (40$ 26.4k Volume and 58k Open Interest)
⭐Weekly close above 30$ signifies continuation.
⭐A Green 9 has been spotted on the TD-Sequential, this is hinting for a retracement (Normally 1-4 Candles)
⭐Watch for a break of the neckline (30$) with large volume.
⭐The target of the rounded bottom is 47$.
*WARNING* This thread is not financial advice. I am not a financial advisor.
AMC Gann squares I made clones of the gan squares that I made from fitting a speed resistance fan from the set up of may/June and speculated $90 then down to January 2021 to $2. That I put a gann square in and cloned them. Side by side as if it were like a fractal or something. This held up to respect and if this charting is correct. This would have to be a jump off the gold rings to the blue bubbles
