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AMC

AMC SHORT SQUEEZE FINALLY OTW? If we take a look at the Jan-May cycle we can calculate the amount of days it took from the first squeeze to the second. So from Jan 27th - June 2nd was 87 trading days. In that cycle, the bottom happened a few days after the squeeze. The cycle we are in now from June 2nd - now, the bottom has been placed exactly 2 times of 87 so 174 trading days after. If you look at the volume for each cycle, you realize it took 87 days trading days to get 14 B in volume in the first cycle. Well in the second cycle it took 174 also the double amount of trading days. IMO the bottom is in for AMC I think some wild days are coming soon for memestocks.
NYSE:AMCLong
by stupidman12212
5
Almost back to weekly support!! Not a Financial Advice !! In the last post (linked below) I explained why it is important to regain the weekly uptrend. I have seen crazy numbers about AMC. The exchange reported short interest sits above 20% for the past days, the utilization is almost 100% (all the shares that can be used to short the fook out of AMC are already burrowed out) and the earnings peek preview looks to be good, I am pretty positive. I hope we can win against the hedgefooks
NYSE:AMCLong
by GoatOfWallStreet
$AMC: 600% Gains Incoming!AMC has had a wild week. I managed to open a long position on 14.85$ which was basically the bottom of AMC. Since that we have broken this large descending wedge. This break is confirmed with a large amount of volume. This volume was significantly larger than previous trading days which is a good indication of bullish action. As of now we are in the making of a Bullish TK-Cloud below the Ichimoku Cloud on the daily chart. Last time this happened was before the run-up of May 2021. This movement was around 600% from the TK-Cross. A confirmation of this TK-Cross is made when AMC closes a daily close above 20$. This needs to happen with 100M Volume + to be confirmed as a valid move. This will cause bullish calls to get ITM which will bring bullish price action to AMC. We also managed to mount a strong support level at 18.2-18.4$ level. This level is supported by a massive VPVR node. This level was previously being held as strong resistance. This level has now turned into a support. On the micro time frames this level has been respected with significant volume. A break of this level will make AMC retrace to lower levels once again. Personally I have confidence in this level due to the fact that it has bounced the price throughout the day. We are also overbought on almost all of the Micro time frames. This could cause AMC to retrace to the 7.86 Fib which is located at 17-17.2$. This would be a quick move which should bounce the price above the large VPVR node at 18.2.18.4$. This retracement could happen to cool down the MFI which has been increasing a lot. One thing to be aware of is the emergency fed meeting on monday. This could cause the market to retrace which would make AMC follow the downrend. If the fed meeting is a "relief" for the investors the indices should be fine and bounce. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
Important Buy Signal Flashing for AMC!Hey Traders, As you can see on the Daily Chart of AMC. A Technical Indicated a BUY. Historically these Indicators work very well among stocks, crypto, and forex. Even in the past of AMC stock, the BUY signals were great for this. However there is a chance I am wrong and this keeps going down, maybe take this to start DCAing. AMC's target for the recovery is $50 (Fibonacci Golden Pocket). We can put in calls/ longs to be in massive profits! Safe trading, -Pulkanator
NYSE:AMCLong
by Pulkanatir
$AMC Upside - Slow GrindAMC starting to get "some" wind back in the sails. This could be based on "hype" from press releases and upcoming optimism on the earnings coming due with about 3 weeks. AMC has been issuing a plethora of bonds, so that is something else to keep in mind when it comes to Coupon Payment Dates and Maturity Dates. For me, AMC is boxed in between the $12 - 20.00 with a "next level" target of $22-$23. BUT there will need to be extreme bullish pressure to break-through those levels. Overall, it appears AMC is going to take more "time and price" which may require the pace of the upside movements to take a slow stair stepping pattern.
NYSE:AMCLong
by bsdvs23
1
$AMC: Rocket Ready to Launch!On the 3D chart of AMC we are forming a red 9 on the TD-Sequential. This finishes in 2 trading days. We can wick below the 14$ level to grab more liquidity. Although buyers seem to appear at this level. This is supported by the large VPVR node that is located at 14.5-15$. MFI is in a downtrend that has a tendency of breaking out. We are mounting the .786 Fib which is a sign of strength. A close below 14$ would be really bad and it is most likely not going to happen. For the upswing we need to see a clean break of the 18$ level. This is a large level of resistance confirmed by a trendline that consists of 11 touch points making it valid. We also have a negative channel building resistance at 20$ with 5 touch points making it a valid pattern. The 18-20$ level are large nodes on the VPVR which indicate that there is a lot of selling pressure to be found at these levels causing AMC to retrace. These levels are really important to reclaim for the reversal of AMC. A break above 20$ with a significant amount of volume will be a great sign of reversal. Last time we had a red 9 on the TD-Sequential AMC had a rise of 80%. If this occurs once again the options activity will become crazy. A lot of bullish options will get in the money which will help AMC to break this insane downtrend and reverse. Most likely the pain on AMC is over. A lot of reversal signals are to be found in this chart. A break of 14$ is not a likely scenario. We will have to check what the options look like mid-week to be able to predict the price of AMC. Options below 14.5$ have really low open interest and volume which is a good sign that AMC wont break this strong support level. The only thing keeping us down is the overall market making large retracements which brings selling pressure to AMC. When the S&P 500 becomes stable and starts reversing AMC will follow. *WARNING* This thread is not financial advice. I am not a financial advisor.
NYSE:AMCLong
by Patriick2jz
4
$AMC: Bullish Inverted Hammer Should Cause a 50% Bounce!A bullish inverted hammer has been spotted on the weekly chart of AMC. This candlestick pattern is known to be a signal of reversal. Following with a red 9 on the TD-Sequential indicates that we are near or at a bottom. AMC is at a oversold state and is set to bounce. We are also at the bottom of the Donchian Channel. This indicates that a large reversal should be near. Everytime we are at the bottom of the Donchian channel AMC finds a large amount of support causing a 50% bounce. For me it would be really weird if this bullish inverted hammer failed to reverse the price of AMC. This candlestick pattern is really reliable and tends to reverse the trend of a stock, especially if located on larger time frames (weekly chart). To support this we are also seeing bullish divergence on the MFI making higher lows. The week also closed above the large VPVR node located at 14-14.5$. This level is important to be held as support. A daily close below this level is going to delay the upswing of AMC. Volume also seems to be increasing which is a sign of strength. If every index is strong throughout the week i am expecting a quick move to 20$ which will cause AMC to go wild. We also need to see bullish options activity to help AMC reach higher levels. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
4
AMC: Be Careful of the DropAMC - Short Term - We look to Sell a break of 20.12 (stop at 22.18) Trades with a bearish descending triangle formation. A break of bespoke support at 20.55, and the move lower is already underway. The bias is still for lower levels and we look for any gains to be limited. Daily signals are bearish. We look to set shorts in the early trade. Our profit targets will be 14.50 and 8.90 Resistance: 25.00 / 30.00 / 40.00 Support: 20.50 / 15.00 / 10.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:AMCShort
by Saxo
13
$AMC: A Breakout of This Downtrend Will Send AMC to 45$Today AMC managed to make a large move to the upside testing the high 18's. AMC is most likely going to have a retracement to 16$ to close the premarket gap. This doens't need to happen but it could be a likely scenario. The 18$ range has become a large resistance confirmed by selling volume and a large VPVR node. This resistance is also confirmed by the MFI which is displaying bearish divergence once the 18$ range is being tested. This level of resistance is also confirmed by the Ichimoku Cloud. Today we almost got a bullish TK-Cross on the Ichimoku Cloud but we didn't make it. The 2 chart displays a slight retracement by the rejecting MFI and Ichimoku Cloud and the candlestick formation being a one-body candle which often indicates a beginning of a new downtrend. Watch for 16.6$ to be a strong level of support. A daily close below this level will cause AMC to consolidate. We almost broke out of our largest downtrend that has been forming since early november. This trendline has been touched 5 times making it a strong level of resistance. These pattern are bullish and once a breakout is confirmed it will send the price back to where it started which is in this case at the mid 40$ level. AMC also managed to break above a short term downtrend which is a sign of strength. A close above 18$ will indicate the new uptrend of AMC. One good thing to note is that volume is starting to pick back up which could mean that institutions are loading up long positions. The options chain indicates that AMC will trade within 17-20$ for this week. We have 37k Volume + 12k Open Interest at 18$. We also have 40k in Volume and 13k Open Interest on at 20$. The option activity below 17$ is very poor. That makes a daily close below 17$ less likely. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
meme stocks showing pairity (HOOD, GME, AMC)the grouping of retail longs and its mothership, Robinhood are showing bullish divergence from oscillators and oversold conditions in rsi. the relative strenght based qqe signals strategy has put in nothing but shorts and faile long entries. the chances of the strategy continuing to make money short is low. elliott wave sage of youtube has released a video detailing why this wave 5 leg down could lead to reversal. a cross above the VWMA 12, close, 9 in HOOD would be bullish for this group. if we fail the 1.618 and hold or fakeout bear the 0, or continue above 13.89 immediately, not breaking 12.39, a trip over 16 could be in the cards. this stock is a great buy under $10, and shows there is attractive value around these internal and fundamental levels to do with proportions of debt to earnings with the credit they have and p/e compared to cash on hand. ask yourself would robinhood buy itself at these prices. if the answer is yes then its a good time to invest. they are a brokerage like any other. they make money when people change their outlook. prices can go up or down, but they profit from volatility and uncertainty.
NASDAQ:HOODLong
by cerealtrades
MOTHER OF ALL DISTRACTIONSHalf a billion shares outstanding It appears that AMC is stuck within multiple channels that I have color-coded. We have two golden channels of support and one massive downward channel of resistance. The black channel is significantly weaker because of the shorter timeframe but is angled at a very steep decline. Please zoom in to see how the price movement has respected all of these channels heavily and then zoom out to see how long they have been respected for. I used to be super bullish on this for a long time but have sold all of my position a few months ago and am now 100% Gamestop. AMC's CEO and CFO dumping nearly all of their shares is not bullish and anyone trying to spin this as bullish is just a massive bagholder. TeChNiCaL aNaLySiS DoEsNt WoRk On AmC. Um yeah it does, this is bearish.
NYSE:AMCShort
by zzzzzzayyzzz
13
HELMET ON WE GOING TO THE MOON!As you may know AMC has been my primary focus of stocks that I analyse. Not only do I have shares but I believe that best and most explosive stocks have the biggest corrections before having a huge upswing or reversal. Look at TSLA it went from 300 to 180 then to 2000. GME went from 483 to 38 back to 350. SAVA from 10 to below 1 then to 146. The thing is AMC is not the best company and does not provide revolutionary benefits to its sector like tesla but AMC has the highest short interest, biggest retail back up, most media coverage etc... we can keep falling but nothing changes. Be greedy when others are fearful. HELMET ON WE ARE GOING TO THE MOON
NYSE:AMCLong
by stupidman12212
2
Rebound + BULLISH MOMENTUM RSI looks like it's bouncing, not only that but so is the price after bouncing off the strong resistance of $14. Last time RSI was this low was NOV/DEC before the January squeeze from $2 to about $5, 150%. Not saying that's going to happen exactly. But history has a tendency to repeat itself and with this low of RSI we're at least guaranteed a relief bounce. But I think it'll start the upwards momentum we have been looking for. For February Im feeling BULLISH.
NYSE:AMC
by SOULWOLF
$AMC: Don't Miss This!AMC seems to have bottomed out at 13.40$. The market was very slow at the start of the day. Although it caught up at the end of the day. This caused AMC to retrace to 13.40$ before bouncing to 15$. The TD-Sequential displays a red 9 on the weekly chart. This means that AMC is at a very oversold state. If the market starts recovering, so will AMC. The weekly MFI is showing bullish divergence making higher lows. 13.40$ was below the large VPVR node which is located at the mid to low 14$ area. A close below this VPVR node would eliminate AMC and cause a large consolidation. Luckily we managed to close above this VPVR node which indicates that AMC is still bullish. We also managed to close above R1 which is a strong level of support. Next week i see AMC retesting R2 (Block of resistance) which is supported by little VPVR nodes. If the market bounces AMC will break these levels and start trading back in the 20$ range. For the reversal of AMC to be confirmed we need to close a weekly candle above 22$. This will engulf the previous bearish candles and put us one step closer in to bullish price action. The weekly volume was bearish and it managed to engulf 5 weeks of trading. For next week i am looking for this volume to be eliminated by buying pressure. A confirmation of bullish price action is a break of the R2 block which is located at the 20-23$ level. This move needs to be confirmed with a large amount of volume. From a technical standpoint this could be the end of the bear market. We have had 10 weeks of havoc and we still managed to close above the largest VPVR node confirming it as a support level. I am still bullish on the stock and hoping for upside. Most of the options activity by volume and open interest is located at 15-20$. Most likely we will trade within this range. If the markets perform well these levels are going to be broken causing a rally for AMC Stock. We need to push to higher levels so that bullish options get in the money which will cause an upswing for AMC. If the market recovers next week i am expecting AMC to teleport to the 20$ range once again. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you reading!
NYSE:AMCLong
by Patriick2jz