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Amcentertainment

AMC is ready to break OUTWhen in doubt, zoom out! Hedgies are losing this. I recently read an article on Seeking Alpha so FUD-worthy, it's worth a look. Look up "AMC: An Open Letter To The Apes - The Stock Market And Reality" I buy more and HODL. We've created major support by consolidating between the 50s and 60s which is good for us, bad for hedgies! Not to mention AMC is discovering new price levels! There is a lot to celebrate here, apes. The moment AMC hits the 70s, we're outta here! AMC TO THE MOON 🦍🚀
NYSE:AMCLong
by Thanatoslogic
AMC TRADE IDEA 06/22/2021NYSE:AMC - If Pre-Market opens lower there will be $51.91 to $49.59 Will be Support Levels. - If the Pre-market opens Higher there will be 3 resistance levels at $58.74 - $60.51 - $64.51. For any kind of High Volume breakout or further upside move, AMC must cross and close above $64.51. The current volatility and volume as well as FOMO Buying dying at a very fast pace on AMC, there could be multiple factors, that since last 2 weeks price is mostly range bound and with a selling pressure AMC new buyers losing patience as well as new investors still in doubt and don't want to lose in case of fast lower side move. If AMC needs volume, it must be above $64.51 so new FOMO buyers and an institutional and technical trader volume can be pumped in after this Level.
NYSE:AMC
by TheBullsEye1
AMC Testing Pi ResistanceInteresting way to look at the fibs here on AMC By measuring the first AMC swing which resulted in a symmetrical triangle consolidation we can see that the breakout which occurred from that has extended 3.14 times the distance of the first wave. Along with the fact that we formed a strong RSI bearish divergence here at all time highs was a strong reason for AMC to take a breath and consolidate. We can see that another symmetrical triangle is being formed... and this gives us a bullish bias going forth. If AMC does ever break down from the triangle then a retest of $20 seems to be on the table.
NYSE:AMC
by portfoliokingsllc
AMC - LIQUIDITY RESTING ABOVE, STRONG MOVE POTENTIAL! 🦍🌕Technical Overview: - ORIGINAL LONG POSITION: Stay strong apes! Use our analysis as a sentiment Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾 STAY UPDATED BELOW!
NYSE:AMCLong
by FlyDownX
8
AMC showing weaknessChart posted 6-16-21 approx 9:40am CT Im back- took a vacation to Vegas. Getting back to business. Just noticing some price action on AMC. AMC has shown some classic bearish price action creating already 2 bearish sharks. The fortunate part is the first pattern played out well on buyer volatility and really did not reveal the bearish action. Now, it appears we have a longer more defined pattern forming and price action is appearing to get weaker. If price goes below 53.00 I think we will begin to see buyer confidence weaken. If we go over 63 then buyer confidence will have re-established for short term. I do not think price goes over 58 at most. We shall see, but I think this is the beginning of sell off. Coul dbe slow vs violent- but note the downward channel as a guide. It reminds me of the TESLA chart I made back in March (attached below) which has played out nicely on bearish action. Compare the 2 charts and see what it means for you. CHEERS!
NYSE:AMCShort
by Moorsc0de
7
We're "Dumb Money", so why are we up 2,200%? 🧐💰Every time I hear "Fundamentals" being thrown around on Citadel-owned main stream media and news articles, I have to laugh. I buy another share. I get APEISH. 🦍🌕 This is simple supply and demand. As we see here, the ape gang is diamond-balling it to 60, a well-known resistance and we're about to smash through! If you check there is strong consolidation between 57 and 60, which is good for us. I smell a gamma squeeze comin' (how do we know? Look at the options chain and check the IV for how ppl feel about the stonk, demand is going 🆙). I like the stock the more I run into other apes. What we're experiencing is the market discovering new price action like a free market should. Other growth stocks have been so removed from fundamentals for a long time. And yet on the news its used to villify the retail trader. What a JOKE. LOL
NYSE:AMCLong
by Thanatoslogic