APE out run AMC imminent!APE will out run AMC after this initial move up. APE is "like kind" security, why cover with AMC share if APE is initially cheaper? Why cover with AMC and reck surviving Options Writers? APE is the clean up.
FTX= Synthetic AMC/GME
Silvergate Bank= Crypto Bank
Silicon Valley Bank=Heavy into Crypto and Securities (short AMC/GME)
Credit Sussie = AMC penny stock (Whos bankrupt?)
Signature Bank= Options writer ONLY
First Republic Bank= Options writer ONLY
Any one involved shorting AMC or options writing will be tested, Citadel.
AMC
APE out run AMC imminent! APE will out run AMC after this initial move up. APE is "like kind" security, why cover with AMC share if APE is initially cheaper? Why cover with AMC and ruin Options Writers? APE is the clean up.
✨ NEW: EQUITY POSITION ✨ AMC (1D) ✨ TP3 @ 7.61 (closing ALL BuyTP3 @ 7.61 (closing ALL Buy Orders)
TP2 @ 7.00 (shaving 25% or closing)
TP1 @ 6.33 (shaving 25% or closing)
BLO1 @ 5.55 ⏳
BLO2 @ 4.10 ⏳
ADDITIONAL INFO:
00:00 Shout out to @Casey_Louis 🙌
00:50 Curve Analysis
01:47 Buy Orders
02:56 Key Take Profit Levels
03:27 Gaps, Resistance, and ISR
05:52 Fundamental Analysis
00:00 Boost, Follow, Comment, Join
FUNDAMENTAL ANALYSIS
Soon, AMC Entertainment expects to report a loss per share of 17 cents. This loss, of course, is much narrower than the 65 cents-per-share loss it posted in the first quarter of 2022.
The investor sentiment is that they hope to see a significant improvement to AMC's balance sheet in the first quarter, including a decrease in the company's debt.
But AMC investors should be aware of management's plan to convert APE units into common shares, which will likely continue to create volatility in AMC stock.
BBBYQ Inverted Parabolic CurveHad to repost this idea since BBBY had a ticker change (Q). Inverted parabolic curve breaks and a "retreacement" would send BBBYQ to the motherland.
Cramer - Accumulating for next move upLow cap altcoin with huge potential, I can see that this token is in a accumulating phase. It's currently at 1M market cap but I could see it easily reach 10-20m MC in the near future if it breaks up above the support zone. They have the best meme's on crypto twitter and they are launching their platform "Chad Money" soon.
Of course this is a degen play for us crypto investors, But I wouldn't post about this if I wasn't confident to see a strong move in the future. As I said, It could take time, but when it comes I believe we will see some incredible numbers upwards.
The higher the risk, the higher the reward.
Bed Bath and Beyond - Buy the Uncanny Valley and Delete RedditOne of the first things you might ask yourself with this call is "How did a bull get stuck in a washer and dryer?"
The people who look more closely might ask "Why is this bull living out of a washer and a dryer?"
The short answer to both of these questions is that the dude listened to Reddit.
I say this in every post about memestocks, but Reddit isn't your friend. It isn't even social media. It's a social marketing and social influencing website masquerading as an organically-created and consensus-driven forum.
Moreover, the Chinese Communist Party's Tencent took a big stake in it many years ago and it spreads all the worst trash of Marxist-Leninsm.
Perhaps if Reddit had have collapsed in bankruptcy then the future would have been a lot brighter for several million young people. Too late for crying now, though.
Scrolling through Reddit is the intellectual equivalent of eating eight or nine bags of potato chips everyday and then complaining that you're fat and girls don't want to marry you.
There are two things Reddit is there for when it comes to trading. One is to condition you to feel that losing money, and a lot of it, is both normal and okay.
It's not.
If you're losing money trading, then you need to fix something, and fast, or just take your money and go buy yourself something nice with it, because you're obviously just gambling and are missing something fundamental in both your understanding and execution.
Wanting to get rich, and quick, will do that.
The second thing Reddit is there for is to indoctrinate your mind with pornography, socialism, Marxism, and atheism, and it happens all while you think you're reading the words and feelings of other people who are just like you.
But they're not just like you. They're not even people.
They're "professional" community organizers who are sitting in a cubicle referencing a flowchart pinned to its grey cushions collecting their $16 an hour and you can't figure it out because they told you that the very idea is a "conspiracy theory."
Bed Bath is this company that sucks and is going bankrupt. Don't believe it? Just go to a store and ask yourself why you're there instead of on Amazon on your phone.
That didn't stop BBBY from yielding 4 and 5 baggers if you happened to buy the bottom and sell the top (you didn't, Ken Griffin's trading desk did, though), and that's exactly the issue.
So the story with BBBY is that Hudson Bay Capital and a bunch of other Wall Street money effectively put a $1 billion blood infusion into Bed Bath. This comes in the form of some convertible preferred stock that has a profitable floor of about 71 cents and a ceiling of about $3.61, according to Bloomberg .
What's 500% among friends? That's what I always say.
So, taking a look at Reddit, there's two really notable things on this stock:
1) In the last two weeks there's almost a total blackout on BBBY from the WallStreetBets pump-and-dump-to-dumb-money brigade.
2) The Bed Bath subreddit has desperate bulls looking for the "MOASS" (Mother of All Short Squeezes), despite it already doing it twice in quick succession (lol, shows you their entry is higher than $5 and $7, doesn't it?), and telling each other to quickly "DRS" (Direct Register, AKA put your BBBY in an off-exchange personal wallet) in an attempt to mess with the float to manipulate Hudson's equity position on their convertible contracts.
After thinking about it for a while, I believe the blackout on BBBY on WSB is because the idea is to not attract the attention of retail buyers to the stock now that "everyone knows" BBBY is going bankrupt.
In other words, the PR company and the people who pay the PR company, who manage Reddit's trading forums, don't want people to buy cheap.
The BBBY forum is acting as mentally ill as it is because bag holders are feeling desperate and dosing a heavy stimpak of hopium.
All of this leads us to believe that, despite the reversal pattern that the short-dumpster to $7 produced, a new all time low is incoming.
After all, Hudson's risk is profitable above 71 cents, Bloomberg says. The ATL is 88 cents. This is 20%, by the way, and 20% is a lot. If you got a 20% move on the Nasdaq while holding a QQQ call you'd make like $4,000 a contract.
The thing to understand is that smart money isn't like you are, who is eternally unhedged and emotionally unstable. Hudson is hedged and really couldn't care less if BBBY goes under 71 cents for a few days because they'll just buy more. And they have a strategy to profit from the plummet in the meantime.
Of course they'll buy more. They obviously see a lot of upside to risk $1 billion on a bankrupt shitco retail chain that was trading at a 2-handle when they donated blood.
So, what kind of upside is there? Well, frankly speaking, the upside is this weird double top left at $30 during the RYAN F'IN COHEN pump and dump last year:
It might sound too good to be true, but look. BBBY short interest ending Jan. 13 and Jan. 31 are both twice as high as it was during the Cohen/Reddit retail rape.
Moreover, according to the most recent institutional holdings filings dated 12/31, only nobody firms sold out of BBBY.
While names like Bank of America and Barclays reduced their positions, bigger and more important names like Blackrock, Vanguard, Morgan Stanley, and Citadel increased their holdings.
Did they not know BBBY was on the verge of bankruptcy and stood to get delisted like Party City just did? Of course they knew. They know what comes three and six months from now, too.
A lot of the same big names decreased their holdings in Party City before the bankruptcy
Another key factor is at Friday's close Bed Bath is only worth like $211 million in market cap. Even a 20 bagger is only $4 billion. A 20 bagger from <$1 is only $2 billion in MCap.
For Bed Bath to go to $30 or $60 in the end requires some crazy fundamental thing, like perhaps Buy Buy Baby really does get split into its own stock, awarded to BBBY shareholders, and you get a Kodak 2020-style candle.
It's hard to say, but if you buy at 60 cents and it goes to $2.4 and you sell it all, who really cares?
Nobody except for Wall Street truly knows either what is going to happen or when it's going to happen.
But for now, it seems to me that the thing that will generate the most alpha for the MMs is to dump BBBY under its $0.88c ATL, probably while Nasdaq and the indexes feign beartown and volatility goes up.
This will cause capitulation from retail bag holders, because that's how retail does it, while the WSB brigade won't buy because they're not being told to buy.
Imo, this is the idea of everything going on right now.
So you can buy the really low prices. But there's a lot of risk. Maybe BBBY goes Chapter 11 and gets delisted and liquidated in receivership, though.
Life is hard and you lose a lot, no matter how you want to gain. You still lose a lot.
Buy a $0.6 handle and try to hold a winner to $30. I dare you.
Frankly speaking, holding a winner is really hard. In some ways it's a lot harder than holding a loser. The way to do it, though, is if you can bag some multiples, is to sell a portion equal to your risk and let the freeroll run until the entire market at large is showing the warning signs of a crash.
Then dump it all and never touch it again.
So, stay safe, lawyer up, hit the gym, and most importantly, delete Reddit.
AMC price predictionPure speculation. i just want to see how this plays out.
AMC is targeting $16.41. At that point, two Elliott Waves of pristine proportions converge, and two Wyckoff Accumulations hit their spring points.
Gaps also love to be filled. Do you think we will go down to 12-14? or 9 and below?
because those will be the next price targets to the down side. or do you thunk its going to try to get back above $30
4/28 Watchlist + NotesShort Watchlist today. Will go into details from this week on sunday nights list for next week.
SPY - Wanted consolidation or light pull back today and got a massive green day instead. Overall was not expecting this, but to be fair with the amount of dropping we did back to back leading up to today, I think it was fair to see this kind of range. Anyone who played the 2D-2U daily reversal should have made solid profits today. Overall going into tomorrow I am hoping for an inside day to end the week, but with the 2-2 reversal we have now created, we must look at breaking today's high to send us even higher. We have crossed back over the BF midpoint, but the weekly remains a nice red candle so we may not get to see the top of the BF range again. Also worth noting we start a new monthly candle next week so volatility may be high as we finish the weekly and monthly candles
Watchlist:
U - 2-1 at the bottom of a broadening formation drawn a while back. Looking for upside
ARKK - 2-1 at the bottom of a daily trendline for it's 3rd touch. Looking for upside as well
Personally did not trade today and had a super busy day with finals (Done with school for the semester btw), but will be back at it tomorrow and all of next week.
Apologies again for the short list. I will be sure to include all details from this week on my watchlist for monday whenever I get around to posting that this weekend.
Good luck finishing out the week/month strong as always
AAPL Q2 Update: Potential Swing Trade IdeaNot my best path drawings but I do think that anything above $170 seems like a great shorting opportunity, the lows at FWB:124 would be my target. I'd like to see if come to $170 and sweep supply or come to the highs at HKEX:176 and sweep that area. If we sweep HKEX:176 , I think it will be the best potential entry if this does prove to be bearish. **NFA
AMC, shifting trend on weekly. Reversal up next.AMC just broke out of the weekly down trendline suggesting a clear shift on price.
It has been consolidating for quite a bit at the 4.0 level -- which has been proven to be a major, strong order block support.
Accumulation has been detected at 4.0 to 5.0 levels this past couple of weeks, and a creation of higher lows has been generated.
Expect reversal to the upside from here on.
Spotted at 5.20.
TAYOR
AMC has enormous upside. Target $18.00.AMC Entertainment Holdings (AMC) is testing its 1D MA50 (blue trend-line) today, on a potential completion of an Inverse Head and Shoulders (IH&S) pattern. The long-term pattern is a Channel Down, but the closer it gets to the 0.786 Fibonacci level, the closer to its exhaustion is, being almost a 2 year pattern. Our target is the 2.0 Fib extension of the IH&S at $18.00, which happens to be on the 0.236 Fib of the January 2021 Triple Bottom.
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AMC in a Bullish Descending WedgeNYSE:AMC From what I can see is that if you can get a Buy around HKEX:4 an expected breakout should move it back up to $5.5 for a potential gain of 37.5% within the next 4- 6 weeks. The CMF is rising nicely meaning it's currently under accumulation and it has been trending well below the 200 day MA for quite some time. Perhaps their financials may be improving as they could be riding a new seasonal change where people just want to get out more after a long cold winter. The trading range within the wedge has been tested a few times and looks like there's only another 10 days before a bullish move should take place, if not sooner.
Is AMC Still an Opportunity?Opportunities are everywhere in the markets. Sometime they exist in the least expected places. The AMC rage is over, right? Well is it? AMC at or below $4 presents an opportunity requiring price to move up to 100% to return to recent highs. Add this to your watch list or review with your financial planner. Does this fit your risk profile?
AMC To end March just shy of $6Looking at the rising tops & bottoms, and also seeing the news of Amazon considering buying AMC (again) as well as the most recent $3MM buy, somebody knows something and is willing to put some money on it. I'll help sell them their calls as high up as they're willing to go.
MacD is overextended, and the end of the week is quickly approaching. There's also a historical level of resistance against the 5.50 line, which tends to make it hard to get past.
AMC bounce. looking to retest shorting lines 4.47 and 5.52$AMC this baby hasn't had this kind of volume since last summer. spring is here. recession is here. potential squeezer.
Market is very volatile right now. If the QQQ is up, this is a favorable trade in my option. If it is not, this trade remains a short for me. QQQ has a lot of room to go down right now march 3/23 at night. If AMC doesnt break down, consider this one on your list for when the QQQ Nasdaq, on which it is listed; bounces +++//// and or when the SPY bounces.
APE this weekAMC/APE has their vote for a 1:1 conversion on Tuesday 3/14. All AMC and APE votes will be counted but due to the pending lawsuit only the AMC share count will be released to the public. If the vote for conversion and reverse split with AMC shares only is a Yes vote to both then the lawsuit will essentially be null and void.
If this happens the APE price by Wednesday at open will imo will at least get to the neckline of the Inverse H&S at $3.50. I believe as soon as the dismissal of the then defunct lawsuit is announced the target for the pattern of ~$6.35 will be hit shortly after as long as AMC does not crater with the announcement. In that case I expect both to converge in the $4-5 range while awaiting the conversion and reverse split.
If the initial vote with AMC only shares is a no then I expect APE to go towards $1.20 support with a massive upwards move on AMC. I find this scenario much less likely.
Looking at the APE chart there are so many indicators pointing to the 3.50 target. Bullish divergence on RSI and volume, the shoulders at near an identical level, RSI very oversold etc.
Not financial advice but a lot of money to be made with minimal risk here.