AMC PullbackAMC coiling here near a key moving average after pullback from its initial move. Our premium indicator has giving 2 blue continuation signals + GME looks to be in a similar position.
Besides the risk of how volatile this name is, this play also has significant overnight risk. A realistic stop on the position is around 15-25% meaning the sizing has to be very low.
AMC
AMC, series of price growth expected.AMC is registering significant net buying at the current levels -- conveying accumulation for a higher valuation.
On the 4h data, 3rd higher lows was created suggesting upside continuation.
Volume has also also steadily increased this past few days.
Spotted at 5.0
TAYOR
Safeguard capital always.
GME Bullish Setup Jun 6-7th Update#GME had a very strong close today, hitting my Main Target box to the penny!
#TTR was long #GME (again) from $24.54, we are 50% out today, near the highs, holding the rest for Friday.
#TTR was also long GME from $13.01 and we exited the most at 64.54, 57 and 51 on the main gap up day!
#TTR is also long #AMC, all the targets were posted
AMC pumps price and volume into fair value zone LONGAMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price
and volume have pumps and so also the PV Trend indicator. There is no fundamental
footprint on this move. it is a pure meme much like a similar move of GME. I will go long
here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n
recognition of the volatilit The final target is the $ 120 range pivots of April and
August 202. The initial target is the $35 range of the ranging zone of August 2023. Upon
reaching the first target I will cut the position to 50% for the leg higher. I will cut the position
if momentum fades especially if the volume fades with it. This will be interesting at the least
and highly profitable at the very most.
Analyzing NVDA's Breakout Patterns and Strategic Trading InsightDuring the last breakout, NVIDIA (NVDA) surged by 300 points before experiencing a sharp decline of 134 points within two days. This current situation bears a striking resemblance to the previous occurrence. Reaching 1282 would position NVDA as the most valuable company globally, contingent upon Microsoft's valuation. I possess additional market capitalization levels for comparison with Microsoft. I anticipate NVDA's final ascent towards becoming the world's most valuable company, followed by a significant pullback.
This scenario echoes Tesla's (TSLA) behavior when it announced its first stock split: a substantial run-up leading into the split date, followed by a rapid 30%+ decline over a few days.
Currently, I hold long call options for the upcoming day. I purchased 1200C on Monday, sold the majority, and retained one position overnight. My plan is to transition to put options when NVDA reaches the 1282-1300 level.
Trade Idea: 1200P 6/14 at 1282.
AMC - Signs of Life 👨⚕️Now that the AMC hype train has died down, I can start positioning on some lower risk trades. Been waiting to see this pop.
As long as we dont gap up on open, I'll be taking some here at the 618 - tight stop. If stopped out, will look for rebuys near pivot high. Any break of that and Im out.
Simple. Ez. Smooth 😎
GME Short Sale Volume Analysis: Short Selling Dynamics & Keltner
Overview:
GME is exhibiting compelling signals that warrant attention from traders and investors. We have observed significant activity in short sale volume alongside a notable expansion in the Keltner Channel. These indicators suggest potential market volatility and trend shifts in the near term.
Key Technical Indicators:
Short Sale Volume & Market Dynamics:
Short Selling Explained: Short selling involves borrowing shares of a stock and selling them on the open market with the intention of buying them back later at a lower price. Traders profit from the difference if the stock price declines. This practice is often utilized by investors who believe a stock's price will fall.
Role of Market Makers: Market makers facilitate the trading of stocks by providing liquidity. They are essential in ensuring that there are enough shares available for buying and selling, including those needed for short selling. Market makers often hedge their positions to manage risk.
Short Squeeze Potential: When the short sale volume is high, and the stock price begins to rise, short sellers may rush to buy back shares to cover their positions, fearing further losses. This buying frenzy can drive the stock price even higher, creating a short squeeze.
Keltner Channel Expansion:
The Keltner Channel, which utilizes the Average True Range (ATR) to set its boundaries, is currently expanding at the fastest rate since December 2020.
An expanding Keltner Channel indicates increasing volatility. The last time we observed such rapid expansion, it was followed by significant price action in GME, making this an essential indicator for traders.
Implications:
Bullish Sentiment: The high short sale volume suggests significant bearish bets, which could lead to a short squeeze if the price starts to rise, forcing short sellers to cover their positions.
Increased Volatility: The expanding Keltner Channel signals that GME could experience substantial price swings. This heightened volatility necessitates careful risk management, with wider stop losses to avoid premature exits during volatile price movements.
Hi! this was generated by AI because it's 02:16
version 2.0 if this picks up
cheers
$AMC can this piece of garbage rise?Not of fan of the CEO, the stock, or the company, but I like to take a trade when I see a good setup. This one is definitely on the riskier side as earnings made this one decline right back to support yesterday.
On low timeframes though, price is at the ichimoku support, if price can bounce from this level here, I think there's potential that it could setup a larger move up.
Ideally I'd like to see price break out of this pattern, if it can break over the $6.42 resistance, should be able to see a decent move up to one of the resistance levels above.
FFIE Short Squeeze Levels and Zones ChartedBeen watching and trading this thing since $0.09. Couldn't believe the structure and strength of the buying. 1 billion volume past 3 days. 97% shares Sold Short. now there's articles and vids popping up and our beloved apes from AMC GME looking for more nose candy.
Something I've noticed is that the past 3 days have rallied @ or near 12pm(Noon) EST as noted on the Chart. is it when the shorts go to lunch? < jokes but maybe.
But I think this thing is really in perfect storm territory
Im going to be looking for this noon bounce thats happend past 3 days.
looks like there's going to be some pressure from 3.11-5.48 with 13.96 in range of this run.
We want to see the same signals. Nice Vwap support, Selling met with stubborn buying at support levels, Local Top aggressive selling met with aggressive buying during with those nice long wicks to Vwap support. The 3 min chart has been great visually to see this stock work through price levels
AMC Entertainment Holdings Options Ahead of EarningsIf you haven`t sold AMC before the APE merger, after which it went down on share dilution:
Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week,
I would consider purchasing the 3.50usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GME : Is the GAMESTOP Super Pump OVER?NYSE:GME 🚀 NYSE:AMC
In a single day, GameStop was able to outperform an entire year of BTC.
GameStop stock and AMC shares soared Monday after Keith Gill, who sparked the meme stock rally during the pandemic, made his return to social media for the first time in three years. The New York Stock Exchange temporarily paused trading on GME stock 34 times.
Short sellers are estimated to have lost over SEED_TVCODER77_ETHBTCDATA:5B in tow days.
One thing that is very evident (except for massive whale plays and no doubt insider trading) is the gap that formed around $20-$25. The price is known t return to fill the gap, so I am SHORT until that zone is filled, calling this entire scheme one big pump-and-dump.
AMC will soon fall to pre-pump lows as well, as the price levels fails to hold for even 12h:
Sellers are now dominating lower timeframes and the price continues to fall fast. The price COULD fall or wick as low as the trendline on the technical indicator:
__________________
AMC and GME Gamma Squeeze vs Short Squeeze durationYou are surely wondering how long this rally on GME and AMC could go!
Let's look at the 2021 short / gamma squeezes to find out!
GME rallied from Jan 13 to Jan 28 for 15 days and went up 24X at its peak! That was a gamma squeeze!
AMC, on the other hand, rallied from May 13 to June 2 for 20 days, during which it went up 6X at its peak. That was more of a short squeeze!
A gamma squeeze and a short squeeze are both market phenomena, but they operate in different ways and involve different types of trading strategies.
Short Squeeze:
In a short squeeze, traders who have sold a stock short (i.e., they've borrowed shares and sold them with the intention of buying them back later at a lower price) are forced to buy the stock back at higher prices to cover their positions. This buying pressure drives the stock price even higher, causing more short sellers to cover their positions, thus further increasing the price. It creates a feedback loop where rising prices force short sellers to buy, further increasing demand, and thus prices.
Short squeezes often occur when there's significant negative sentiment or speculation about a stock, and a sudden positive development causes the price to rise sharply, catching short sellers off guard.
Gamma Squeeze:
A gamma squeeze, on the other hand, involves options trading. It occurs when option sellers (who are often large institutional investors or market makers) have sold call options (contracts that give the holder the right to buy a stock at a certain price) and need to hedge their positions by buying the underlying stock. As the stock price rises, they need to buy more stock to maintain their hedge, which further fuels the price increase.
Gamma squeezes are typically triggered by a sharp rise in the underlying stock price, causing the delta (the rate of change of the option price with respect to the price of the underlying asset) of the call options to increase rapidly. This forces option sellers to buy more stock to adjust their hedges, leading to a feedback loop similar to a short squeeze but driven by options trading.
We could be entering a cycle here, let's see!
GME CHART, WE LIKE IT, WE LOVE IT, WE WANT SOME MORE OF IT.HERE is the always the most popular chart I end up sharing.
GME.
It seems a break out is about to occur and the buy target is basically now or very soon.
Downside is minimal, price is at trend support.
Looks like a lot of upside potential.
I like $20. And then there is always potential it really cooks to 64.
but don't count on that.
Focus on the trends, and right now, you have a better than average chance buying into this dip.
Good luck!
Feel free to toss out any questions.
Feel free to disagree.
Feel free to use the chart however it may help you.
AMC is back at the Discount ZoneWhen you go to the movies do you want to sit right up on the screen or back a bit in the middle of the theatre? If you zoom out to the daily chart for AMC, you start to see past patterns. AMC below $4 is and interesting price. From $4 AMC is 50% or 100% away from recent highs. A price below $4 is even farther away from recent highs, percentage wise. Always remember that fundamental news trump technicals every time. So review your news. The technicals show $4 and below as discount prices in the recent past. Who knows what will happen in the future.