Amc_entretainment
AMC Bullish...Since the low of May 11th, 2022; AMC made an impulse to the upside and seems to now have completed a 3 wave correction of that small impulse which for now confirms my bullish move for the next coming months. Though I was expecting price to move into the bluebox but it fell short but because of the nature of the current price action I then can now no longer look for downside because price has exhausted downside possibilities for the short term.
Analysis of AMC - Only intended to obtain Reputation pointsHello, everyone. As the title described, this analysis is not professional, is just a basic observation of the candles in the chart, anything can happen at any moment and change every direction and pattern.
Hope you all have a peaceful weekend. And I wish all luck to AMC traders and Holders.
Thanks in advance for the help given to help me access group chats.
OUTLOOK OF AMC ENTERTAINMENT HOLDINGS (AMC)HEY GUYS, I HOPE YOU'RE ALL DOING WELL.
this is my general outlook on the market i am currently bullish on the stocks market and looking to buy the dips as far as i can see a retracement is due in both indexes and some profit taking so that happens this is my plan of attack keep in mind that this is an idea a plan in a uncertain chaotic environment out of multiple plans to be certain
IF anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational biase on top of your own analysis.
like for support!!!!
AMC Entertainment Analysis 20.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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AMC Cup with Handle (Target 36$)AMC made a perfect bounce of the 0.786 Fib level (20$ level) earlier this week. This lead to a technical breakout above the 25-26$ level of resistance. We have established strong support at the 25-26$ range with signifficant volume spikes. We are at the micro times frames trading above the VWAP which was previously seen as resistance becoming new support. I am looking at a healthy retracement to the low 28's or 27.7$. These levels should hold. Otherwise i am expecting 26.7$ as a strong support zone which should lead to a good bounce.
At the current time we are overbought on the MFI and the Stochastic. We also haven't managed to close above a huge VPVR resistance node at the 29.7$. This could push the price for further downside but is in my opinion unlikely due to the fact that AMC has started to trade with higher volume. AMC is currently on a short term uptrend with increasing volume. Remember the trend is your friend and that volume predicts price.
We are on the 2h chart seeing a cup and handle formation. This is a very bullish pattern. I am expecting a little dip for the creation of the handle towards the high 27$ range. Tis would create the handle and bounce the price to 34$. If this level of resistance is broken (34$) with a high amount of volume making it new support we are going to trade above the 200EMA which is a bullish reversal sign. The cup and handle formation could lead to a break of 36$ which would make us fill the gap at 38.8$. At this point of time i am expecting a signifficant amount of FOMO-Buying which could bounce the price even more up to the daily VPVR level of 40$. If the overall market sees a bounce AMC should follow nicely which could lead to the continuation of the uptrend.
The target of 17$ that a lot of people in the AMC community have been speculating is not likely at the current state.
*WARNING* (This article should not be seen as financial advise. I am not a financial advisor.)
Thank you for reading
MOASS or loss porn? An opinion on AMC Entertainment.Dear babbling smooth brained baboons of the interweb, it's your ol’ boy Magnus here!
I have come to present a case for AMC. I do believe we are about to witness the end of the “battle for $40” in the war of “The smooth brained simians vs. The hedgies“.
Now dear fellow, I know you have never seen such artistic magnificence before! But do stop licking the screen and allow us to move along, ei?
Well, as you can see. According to my most sophisticated calculations we should either MOASS or have lots and lots of epic loss porn for our ape brethren over at r/wallstreetbets before the year is out!
Disclaimer: This is not financial advice. It is an opinion. Magnus is not a financial advisor.
AMC Trade setup for 14/6/2021AMC Trade setup for 14/6/2021
This trade setup is in the H1 price chart to try and eliminate the noise in the opening of trades.
AMC managed to hold both support at 40.92 and 43.70 in Thursday and Friday's session, identical with previous trading activities around the 4th and 5th of June, as indicated on the price chart above.
It is a strong indication that shorts are not able to push prices further down and could potentially be forced to get out and help an army of buyers drive prices back up.
The critical levels to watch are around 48.34, 46.58, 44.82, and 43.70. We might see prices continue up if it holds above 48.34 or pull back to test previous support indicated in the critical levels above. Keep an eye on the estimates of major levels in the solid lines.
AMCAMC Entertainment Holdings Inc (NYSE:AMC) was a potential breakout candidate. It has since mounted an impressive rally. Congratulations to those in, or who have profited from AMC alert. To see a sustainable move going forward, the stock needs to consolidate here to weed out the sellers and get ready for the next move higher.
AMC TO THE MOON!AMC to the MOON! 🌕
We all know that retail investors have little to no control over the price however what we also know is that institutional banks are in charge of the big moves.
JUDAS GOAT: Juda is the only goat that leads all the other goats, it’s also the leader. All the sheep follow Juda to the slaughter house while Juda sits on the side pretty. When we are trying understand how to enter the market, we need to first understand how the manipulation takes effect. When Robinhood stopped everyone from buying GME, AMC, NOK ETC they intentionally did that purposely to give the opportunity to hedge funds to drop prices lower so all the big banks go shopping on discount. It was only the suits and ties shopping, no retail investor. Hedge funds, banks and politicians are the Devil that we need to follow. You will never see big buy orders come in from banks at high prices, and you will never see large sell orders from banks at low prices, buy low.. sell high.
In order to determine an outlook, we had researched both fundamentals and technical analysis to form a case.
Fundamental Analysis: - 🎈
Let’s take a step back and think about the current situations going on in this world.
When COVID-19 struck, all restaurants, shopping centers, entertainment, airports, etc. shut down, we understand by shutting down the doors of a store it usually results in no sales. AMC Theaters also shut down due to the pandemic resulting in no sales, what do you guess happened to the stock? Of course it dropped. Simply because the company is no longer making revenue. Fast-forward to 2021 and things aren’t as bad as before.. most of the restaurants are back to work, many shopping centers are back open, entertainment hubs are also staring to open back up, however there is one on particular that is still closed... Theaters are still closed, not just AMC. This is because theaters are a high potential area of spreading covid simply because there are over 200 seats in one room. When you judge a stock, judge what’s going on in the real world first, and we know currently even though COVID-19 had slowed down, many people still don’t hang out in large group of numbers. This alone effects the theater business and drop in prices is expected..
However, COVID-19 will not last forever, slowly but surely COVID won’t be a thing, when that happens the world goes back to normal, theaters and airports will be the first to open the doors back for business. When this happens, don’t be surprised if AMC stock price goes up.
Technical Analysis: - 🎇
A technical perspective is there to help us better refine our fundamentals and see the porn from a technical perspective. From a 4h perspective, price is currently overbought, meaning a short term pullback is inbound but this should be a discount for us to enter in more buy opportunities. The lower price goes, the deeper discount we are in discount. Many people talk about banks manipulation but don’t know how it looks like on a chart. Each large impulse move is institutionally involved. This is where we see heavy selling or heavy buying. The only people who have the power to cause such large moves are hedge funds and banks. Market manipulation is built off a retail behavior, and many retail investors buy at support and sell at resistance, the devils know this so they grab the liquidity of retail investors and cause disbelief to shake out anybody that is buying. From a technical perspective, we have large amounts of liquidity resting above $20 and more liquidity above $35
If you drop a tear of blood in the ocean, the sharks will smell it. Big banks also smell this liquidity and uses liquidity as the juice of the overall momentum. Referring back to the “Judas reference” mentioned above, devils drive price into areas where they have all the power to trigger their limit orders.
In this case last Monday when price was tanking on AMC but brokers disabled retail investors to buy, this caused price to drop giving the devils a chance to sell at their last sell orders, profiting from the overbought AMC and also a chance to buy after the collapse at cheap prices.
AMC ENTERTAINMENT HOLDINGS INC reversal signsAug 13 (Reuters) - AMC Entertainment Holdings Inc AMC :
* AMC THEATRES® REOPENS ITS DOORS ON AUGUST 20 BY CELEBRATING 100 YEARS OF OPERATIONS WITH "MOVIES IN 2020 AT 1920 PRICES"
* AMC ENTERTAINMENT HOLDINGS INC - WILL RESUME THEATRE OPERATIONS AT MORE THAN 100 U.S. LOCATIONS ON THURSDAY, AUGUST 20
* AMC ENTERTAINMENT - ALL U.S. THEATRE LOCATIONS TO OFFER ALL SEATS FOR ALL MOVIES AT 1920'S ADMISSION PRICE OF 15 CENTS EACH ON AUG 20
* AMC ENTERTAINMENT - CURRENTLY EXPECTS TO OPEN ABOUT TWO THIRDS OF ITS U.S. THEATRES IN TIME FOR SEPT 3 RELEASE OF WARNER BROS.' TENET
Market cap. 580.486M
Net Income -149.1M
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AMC EntertainmentTechnical Analysis might suggest to go long - following the bullish trend.
Fundamental analysis might suggest to go short - bad news around a second wave of COVID-19.
Best option is just to Hold.
Funadmental News
AMC Entertainment faced backlash after its CEO Adam Aron said its decision not to require masks was made in an effort not to be political.
On Friday, AMC reversed course and said it will require guests to wear masks at its theaters.