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AMC

AMC - BIG MOVE AHEAD $20 OR BREAKOUT AFTER CONTINUED RETEST FAILAll, I would watch AMC over the next two weeks. I think a big breakout is coming one direction. It's in a BAD spot here though. If this doesn't quickly break back up could see a big downside move again. However, if it can regain and go for a retest of previous highs/gap and somehow break 2nd level could see big gains. They really just need to do a reverse split and get AMC to a low float stock then it would be over. They need to get the float down in some way or another.
NYSE:AMC
by DigitalData
LFMD - WAVE C ENDING - BUY SOON OR OPTIONS LONGER TERMAll, LFMD had game changing fundamentals last quarter but still under downtrend resisance #2. This is a 3/4 retracement wave C should be ending RSI tells the story on the daily. I am watching EXTREMELY closely here. I think this is going to pop worst case is a double bottom at 7.7 or near it in which case I will absolutely be all in. Fundamnentally/valuation wise I personallly see LFMD at 14-18$ range and probably will go into 20's again from demand/lower float than most in category. As always watch the entire market first and do not enter too early. Just wait for the stars to align and for the break up to happen. Also remember almost everytime on breaks there is the first wave up but wave 2 is almost always a better and safer entry (depends how fast it moves)
NASDAQ:LFMDLong
by DigitalData
GME - BIG MOVE COMING - QUESTION IS WHICH WAY?All, I think in the next two weeks we will see GME break under or break up hard to say right now there are some confluence supports, but personally don't suggest anything until we find the break or have options on even ration call/put then sell one once confirmed. Persoanlly I think it falling to $100ish level would be better, because the bounce from there could be massive for options and volatility in general. We will see, but like I said it's a "wait and see" and get your coffee/tea/popcorn whatever you're into ready
NYSE:GME
by DigitalData
1
AMC , almost 200% gain ahead , the fifth elliott wave!hey yall , here we are with AMC , elliott waves are drawn on the chart , so as you can see , the fifth wave hasn't been started yet and we're waiting for it . now we are in the 4th wave (correction wave) and price has made a triangle like the way it did in the wave 2 (correction wave) . the Entry zone is exactly above the triangle cause breaking above the triangle is a confirmation for AMC to start the 5th wave . target zones are also on the chart . now it can even go upper than the first red zone , that's why I wrote there "first target" . well , we'll have to see . when we reached the target , either it'll go up to the next target or it'll do ABC correction waves . so don't forget that the entry is exactly above the triangle ! if you liked the idea , give it a like . and if you wanna see more of these , follow , heck of analysis are on the way ! also tell me your opinions on this idea in the comments . Good luck .
NYSE:AMC
by ArminChiani
2
AMC and H&S on 1 HourCan't spell it out any more strongly than the above image. Not a point head H&S but a bullhead. Aligns perfectly with the Pennant Flag on the Daily chart. Around that 40 line is the base (neckline) and around 36.70 is a confluence and consolidation area that it took off from. You could also say it took off from 38.00, but 36.70 lines up better with the large time frame pennant. Touch this 36.70 area and it also touches the lower angle on the Pennant seen easily from the Daily or even Weekly charts. This then is the final leg to go back up and take out the pennant to the upside (or possibly hit upper one last time, come down one last time and back up again for one last time and breakout just around earnings). Coinciding with earnings, which AMC has been favoring with upside movements this past year. See my posting on the Daily Chart Pennant for AMC to see quarterly earnings coinciding with upward thrust.
NYSE:AMC
by StephenGunn
AMC and Pennant Flag on DailySo, a five month long Pennant is atypical, but there it is staring straight in our faces. Because the upsurge was higher 5 months back, and then the Pennant was formed, this is a setup for a Bullish Pennant breakout. I follow support and resistant lines as a staple and patterns such as the Pennant secondary, but this is like this is being conjured up in some witch's brew, this perfect pattern. To complete the pennant, I anticipate it will touch around 36.70 which has a traditional strong support area (confluence in many time frames and consolidation area). This same support area lines up with the angle of the Pennant. From there I anticipate either one of two things: It bounces up and hits the upper angle at around 41.00 and comes back down one more time, bounces and then goes through at around 39.50 for the breakout. This coincides with earnings, in which AMC tends to run higher after earnings. Or it bounces at 36.70 area and goes up and takes out the Pennant immediately. And as the Apes say, to the moon.
NYSE:AMCLong
by StephenGunn
AMC Setting UpAMC has been in this pennant since that ridiculous run in June that we all remember. Meme stocks popped due to reddit and robinhood retail investors taking advantage of the huge % of shorts by institutions. We saw something that has never been seen before and we may be looking at a round two, on a smaller scale however. AMC has made its 5 legged pennant (A,B,C,D,E) and looks to be primed to break out above the upper trendline, and then the resistance at the $51- $52 level. It has been obeying very close to the fib retracement levels so make sure to keep an eye on each level as AMC continues it's path in this pennant and the potential breakout. Volume is falling while price is RISING so tread carefully as this is a BEARISH divergence sign. MACD crossed after that falling wedge pattern we played earlier last week, which is a good sign. Not all signs are looking good but it is a RISKY trade. I anticipate a retest of the lower trendline, at around $39 - $40, where you can enter the trade. If it does not retest, I would watch the yellow rectangle area I drew which could be the nearest support, and best BUY area if you are bullish as well. REMEMBER: this pattern is not always a BULLISH pattern. It can turn BEARISH if AMC breaks down below the lower trendline, so tread carefully. With stocks like this, hyped meme stocks, things can go south very quickly, just as fast as they can turn profitable. KEY LEVELS: $40 - IF AMC can hold this level, I will be very bullish on this stock and will be aiming for around the $49-50 level. $50 - over 50, needs to break 52 then I believe it can fly with some injection of volume, so keep your eye on the volume. Taking some shares at this level, as a starter position. Taking my time to enter any option calls or puts. CALLS: 19 Nov 40C looks good, with over 5k in open interest (OI) 21 Jan 40C is your best bet if you can afford it, with over 29k in OI ** You can also do spreads in order to limit your risk, a vertical spread with 19 Nov 40C and selling the 45C is around $180, giving you a $320 potential max return. Pretty decent risk to return.
NYSE:AMCLong
by GRInvests
3
GME TO THE MOON SOON! 🚀🚀🔮 LFGThe long term consolidation is fucking insane. It is wedging at a very nice form. A breakout could happen before November 15th. The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to cover because everyone could only sell and they'd be stupid to cover. What is different about this time? People are buying actual shares in their own name... now leaving it in the hands of retailers rather than brokers. Meaning if prices go as high as 400 again, shorts WILL cover and skyrocket a shit ton even if brokers restrict trading again. What's more is that we saw a massive cup in the middle of the wedge. I may be grasping straws here but we are in on overextended handle the just needs to break the resistance for it to fly. While this is a slight stretch, on cannot deny the wedge formation is looking good. GME to 1k🚀 APES NEED TO GATHER. LETS GET THIS BREAKOUT AND FLYYYY
NYSE:GMELong
by CheckMatted