we had a good pump the last few days , now we inside a consolidation area between (5.50$/4.66$), once we break our current resistant at the 5.50$, we going to witness another pump towards the 6$ and the 6.70$. on the other hand if we broke our support around the 4.66$, it's mean the short will drop the price to new low this year just above the 3.26$ first then to...
we need to hold our current support above the 4.39$, in order to break from the resistant at the 5.35$, and once we do that, we going to have 2 profit taking , first around the 5.95$, then the 7$+. we need to make the 3.82$ as a bottom for this year in order to confirm that we stopped selling;ling off, and starting to reverse .
we had double bottom above the 3.82$, and now we broke from our ascending line. first sign of strength , now we need to break the resistant at 4.31$ to continue to go higher towards the 2 profit taking and squeeze area around the 5.37$. if we got rejected at 4.31$, it's means we going towards the bottom price above the 3.33$.
we have one level to confirm the bearish or the bullish control which is the level 7.10$, if we never over come this resistant, we going to see test for the 2 support levels around the 4.50$ and 3.33$. however if we broke the 7.10$and held above this time , we going to have a bullish momentum to take us till the 10$ and to squeeze price for amc which is above the 18$+.
we going to visit an critical level for AMC which is our bottom price level above the 4.70$, where we should see a reversal , and huge buying pressure to test the our current resistant around the 5.90$.
we need to hold this week above the 10$ level to. confirm the bullish momentum is back and going. to the squeeze level around the 12$, our current support we should hold to see this reaction is above the 9$ level.
we need to hold above our ascending line and above the 9$+, to confirm the bullish momentum and break the 10$+ level , in order to get 2 profit taking , around the 11.17$, and the 12.90$+. if we broke this ascending line below the 9$, we going to see a huge short momentum to take us to the 7.70$, and the bottom of this year if we didn't hold that support is the 5.50$+.
we have to hold above 9.80$ to confirm the double bottom , and then testing the 14$ resistant , which tell us if AMC ready to go to the 20$+ again if we broke that resistant and hold 4h candle above it , and to confirm if the short are in control , if we got rejected at that resistant (14$), and potential break for the support 9.80$, and going towards the 7.70$+ bottom .
we need to continue to hold our first support above 23$+, in order to confirm the breakout from our resistant around the 26.70$+, if we did we going to have a test for the 33$ price level . on the other hand if the short are heavily shorted AMC , we might have breaking for the 23$ SP, but we need to hold above 19$+, to show us that AMC still in Bullish momentum to...
we need to hold above the current Support 19.50$+, in order to confirm going to the resistant and the squeeze area if we broke it , around the 29$+, and if we did break it , we will see the 43$+.
we going to confirm if this not a fake out if we hold above the 16$, or above the breakout triangle , first resistant we going to test is around the 20.50$, and the second one , which is the squeeze level as well if we broke it and hold above , which is above the 29$+. NYSE:AMC
Trading within the upper range of the demand zone. I'll be always buying above 12.16 and sell below. The moon could be around 145 for me.
we got rejected at 33.89$, we didn't hold our support above the 25$, and bear wear in control, now we want to confirm if we ready to reverse , which will be confirmed the moment we over come our resistant around the 20.90$, and hold 4h candle above it, other wise the bears momentum will continue too drive the price low, till near the 11$ support area, or above the...
Hello, 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.
we got rejected at 33.80$ where we got shorted by short sellers , now we have a last line of support to confirm the reversal which is above the 17.77$, if we hold we going to see an accumulation phase to test the first resistant around the 20.80$.
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...
Using resistance as a new support. Cup & handle? if so, new resistance around $23.50
we had a breakout yesterday from our descending line , and closed above it , now to confirm the bullish continuation to the 25.50$ level, we need to hold above our current support which is the 17.77$, and the first test will be around the 20.80$, which we already test it in the premarket . a bonus in TradingView coins (up to 30$) tiny.one