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Amcentertainment

#AMC $AMC LONG, for sure! Ape-ish AFI will just keep it short. There is only one direction, and I don't mean the band. I*'m Ape-ish AF on $AMC. I've seen some other members of trading view trying to convince people to go short on $AMC, because various reasons, but personally I think there is no more worse position to take then shorting on $AMC. You just can't take it up against more then 4.100.000 traders or better said APES, who never were more convinced about anything then AMC going to the moon! They are not only convinced about it, they are putting their money where their mouth is. A big part of these Apes have bin buying since January and kept buying. The story is tracking more and more traction in the MSM, there are every day more and more new Apes born. This isn't only about gains. That's where it started and one of the reasons it came as fart as they are now. Now it is also something for the bigger goal. A fair playing field on the stock markets. I'm not going to say what you should do. I just warn you, better don't bet against more then 4.1 MILLION Apes who are fighting for their lives, for better lives, for them, for their family, for their society. Never there were more people, from all kind of colors, race, gender, religion, sexual preference UNITED then there is now. They are unstoppable and the HF also know. I do think even the SEC and government and POTUS do know. The Apes are too big to ignore. The question is will the price go with the green arrows, or the blue arrows? Apes know HF will try to do every dirty trick untill they have no other option to cover their positions. Apes are holding for 5 months, they can wait another 5 months. But can HF stay solvable that long? No matter what the question is, Apes can #HODL longer! IT'S TIME FOR CHANGE! #DIAMONDHANDS #MOASS IS INEVITABLE See you on the mooooooon! No financial advice!
NYSE:AMCLong
by JohanRD
1
AMC looks bullish! (edit)The full chart attached this time! lol I am posting my crayon drawings showing some interesting information messing with the 50 SMA and changing the line attribute in the input to area instead. It shows the areas of deep selling pressure, coinciding with dates of shorting with a possible mix of paperhanding. Coincidentally the days we had the hard rips are shown in green. Maybe I am a smooth-brained ape, but this has helped me keep track of price action (as well as doing DD) in a way I understand as I track this squeeze!
NYSE:AMCLong
by Thanatoslogic
1
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.
NYSE:AMC
by Rotuma
1
AMC BULLISH, ELLIOTT WAVE ANALYSISAMC looking to push upwards for a wave 5 in the future after some sideways consolidation for a wave 4. We are currently working on completing that wave 4 consolidation which could take some time, but overall looking for a high probability chance of pushing to the upside in the future. Going to be looking to buy into calls to target this upside. Entry is set to be around the 0.5-0.618 fib retracement zones from 30-38. Note that 4th waves can take time and can trap both bulls and bears, so be careful with the entry as the upside may not happen right away.
NYSE:AMCLong
by AnthonyW99
$AMC #AMC Personal prediction for today and start of next week Hello all, Here a little technical analyse about $AMC #AMC. Why? Because i love the stonk. Am i biased? Absolutely! Is this financial advice? Absolutely NO. I'm just a crayon eating Ape who loves to draw lines and like you can see in my last predictions, an average gorilla can predict better. What does the chart tells me? I see an Apish break out once the price breaks out of this pattern. After the breakout normally it will followed with a little retest of the pattern or support at our latest high. Once that retest is done and you see Apish momentum going up, this might be the time for me to get some more moon tickets. Need my paycheck to grab some more. More then all-in will be in debt and one thing we learn from all this what hedge funds are doing is, don't gamble with money you don't have. It can go well for a while, but one day it will go bad and then its gonna be really bad.So be wise and spend what you can miss for a while. By the way, read the book 'The Richest man of Babylon'. Great inspirational book about everyone can create more financial wealth for itself. Back to the chart. When the breakout will go the bearish path, don't be scared. As long the hedge funds haven't covered and closed their short position there is absolute no doubt, that the price will go back up higher. I call those moments even good opportunities to grab some moon tickets with a discount. Main thing to focus on, is the number of stonks short by the hedge funds. We only can see what is known, and that is there are 513 million shares outstanding. 18% of that number, so 90 million shares, are used to short this beautiful company. After this week and the second interview of CEO Adam Aaron with Trey Trades, we know 2 things for sure. 1) AMC has raised approximately 750 million US Dollar, with selling 20 million stocks. This isn't a bad thing for a so-called 'meme-stock'. Right now there 46.000 stocks left to use for AMC to raise more capital. That's why they want an extra 25 million stocks, so they can use them to raise more capital, but they will not use them before 2022. And because of that there is not a good reason to believe AMC will go bankrupt soon, with all the re-openings after Covid-19. 2) The management of AMC has chosen to use these 20 million stocks, which were intentionally meant for the management as kind a salary/bonus, but instead paying them to their selves, they have chosen to really help the company and used it for strengthen its position. Because you all know, the business where they are in is a though one the last decade and Covid-19 hit hard. They are going to use this capital so lower debt with a discount and if they see an opportunity to expand their business, they will grab it. An other good qoute, which helps me in this Ape journey is from Charlie Munger. I assume you all know he is, and if not DYOR. 'The big money is not in the buying and selling, but in the waiting.' Well, i'm in since January and that's for an investor pretty short term, but for a continuous battle with hedge funds i can tell you it is intensive. But the good thing about this whole Ape thing is, I am not alone. You are not alone. In March there were already 3,2 million shareholders, only accounted in the USA and Canada. That was in March and that was only counting the USA and Canada. I think we can say that by the day of today, there are probably around the 5 million shareholders, only in the USA and Canada. And well there is more in the world then the USA and Canada. It may have bin started in the USA, but like myself, im from Europe and already in it for 5 months now. And i know there are many, many Europeans just like me in it since January. And i know also that since March i've seen growing this population bigger and bigger, week after week. I think we can take a little guess and say there are approximately 7,5 - 10 million shareholders by today. Just simple math Outstanding shares 513 million Shares short -90 million Institutional shareholders -40 million That will make approximately 380 million shares for the other shareholders. 380 million shares / 7,5 million shareholders is 50 shares on average for each shareholder. I don't know if you all have bin following some Apes on Twitter, Reddit or other social media platforms, but people with 50 or less stocks are a minority. Don't forget when the stimmy did kick in, the average price was 11/12$ and most of the people who spoke about it used their complete stimmy, which gave them already 100 shares. That's the good thing about the share count. So make sure you going to vote for the shareholders meeting and ask your broker how you can vote. It wouldn't surprise me that total outstanding shares will be multiplied. Understand good, this is against the law. When it comes out that their will be not 513 million shares, but 1 billion shares or 2 or 3 billion shares are outstanding, someone or a few more peoples are in big trouble, really big trouble, when the price will keep going up and they get a margin call. Because when you are trading with money that's not yours, the day will come that the owner wants his money back and above all don't want to lose his own money because of your risky trades. On top of that if SEC and FINRA will do their job, which they didn't really do after the 2007 crash, the punishment can be bigger and much bigger then only losing money. JAIL.. But.. don't know if you have watched 'The Big Short' and if you haven't you certainly should do, this financial world is kinda scaring.. It is a bubble. They are living in a bubble and the average Joe can pay the bill for it. In 2007/2008 millions of people lost their houses, jobs, family and above all they have seen an decrease of their health. Don't forget what money troubles do to a person. If you have to take care for your family and you are paying the rent every month, but your landlord is in trouble, you are in trouble. It is that simple. Shouldn't be like that, but in the USA it was that way in 2008 and maybe still. So sincerely I do hope my Ape family is right and we will see the biggest transfer of wealth in history. Because I do believe a lot of Apes can make their lives and the lives of their loved ones a little bit better with some gains. The difference between 1 or 10 million USD on your account is not that big, but the difference between $ 100,- and $ 1.000.000,- is huge! Uhm.. Wait the chart.. Well one last thing about the chart.. After the Apish breakout from this pattern and have retested it 100$ is a region where we can find a nice area with probably some accumulation before it will continue. This is based on the price action we have seen this week. When HF's starting to cover it all will no make sense and the moon is the limit. Anyway, no advice, but i'm holding those stonks with diamond hands! Let me remind you, this NO financial advice, nor am I a financial advisor. I just love the stonk, love to eat crayons and draw lines. Make everyday some smiling, give every day something extra and you make the world a better place! #ApesStonkTogether #MOASS is inevitable #AMCARMY BTW This all above is also for #GME. I'm holding both and I love both! #ApeNoFightApe
NYSE:AMCLong
by JohanRD
2
Trade Idea💡: Ticker (BB) Black Berry 🚀Ticker: (BB) Black Berry : Eyes on BB Above 16.25 with volume . ✅As you can see here we have formed a bullish pennant on the 1 hour backed with strong volume . The red spinning top at supply closed with over 144 million volume . After a healthy retracement to the downside, we were able to find support just below the 9MA (blue curve) where we formed an engulfing bullish pinbar . ✅We also have a double doji inside holding the 9MA (Circled Angle). This tells me that a big move to the upside or downside is approaching. Based upon the previous trend and unusal order flow. I am anticipating a strong impulse to the upside in the near future. ✔️Confirmation: I would like to see BB gain strong volume above 16.25 for an upside move to 18. 🎯Anticipated Targets & Stop loss: Target 1: 16.25 Target 2: 16.50 Target 3: 17.00 - 18.00 Stop Loss: 15.75 🤝Contracts: High Risk- 17.5 BB 06/04 EXP Low Risk - 15 BB 06/11/21 EXP
NYSE:BBLong
by KingJerryB
1
Ticker: (BB) Black Berry - Swing Trade Idea: June 3, 2020 🚀Ticker: (BB) Black Berry : Eyes on BB Above 16.25 with volume. ✅As you can see here we have formed a bullish pennant on the 1 hour backed with strong volume. The red spinning top at supply closed with over 144 million volume. After a healthy retracement to the downside, we were able to find support just below the 9MA (blue curve) where we formed an engulfing bullish pinbar. ✅We also have a double doji inside holding the 9MA (Circled Angle). This tells me that a big move to the upside or downside is approaching. Based upon the previous trend and unusal order flow. I am anticipating a strong impulse to the upside in the near future. ✔️Confirmation: I would like to see BB gain strong volume above 16.25 for an upside move to 18. 🎯Anticipated Targets & Stop loss: Target 1: 16.25 Target 2: 16.50 Target 3: 17.00 - 18.00 Stop Loss: 15.75 🤝Contracts: High Risk- 17.5 BB 06/04 EXP Low Risk - 15 BB 06/11/21 EXP
NYSE:BBLong
by KingJerryB