Amcentertainment
Megaphone pattern developingJust thinking out loud here, folks. I've seen this happen before and it looks like it might be right now, as well. Either way, long. Buy and hodl, mi bredren.
AMCAMC Entertainment Holdings Inc (NYSE:AMC) The stock declined to a support zone and upside volume is starting to pick up again. Might bounce here. Watch immediate resistance at $10.22
$AMC DA BULLS$AMC just crossed over the 1D EMA8. I think this is a good sign for some upward price action. Lets see if we can get back into the upward channel.
Thoughts?
Disclaimer: Not a financial advisor. Ideas are paper trades.
Butterfly reversal scenario with $215 target on the 3rd wavein the last post, I had about AMC I showed you we are on the 3rd wave of Elliott and the target could be $215. if this target is true it could have a butterfly reversal scenario. with this target and butterfly harmonic pattern I have calculated the 4th wave and the 5th wave of Elliott and the ABC correction. you could see the targets in the chart.
May the Fourth Be With YouToday's breakout is a very nice thing to see, but I think the real date to look out for is May 4th as we're a bit above the rim and we could come a wee bit down from here.
I'm thinking either that happens or we see this rocket really take off. Rumor has it that retail owns the float on this badboy, so if the price climbs those with short positions are really going to feel the heat.
We hodl.
AMC is bullish on the 3rd wave of Elliottlet's talk about what we have now not what we will have. the 1st wave of Elliott broke down descending channel and 2nd wave pullback to it so we are on the 3rd wave of Elliott but what is the target. we have a butterfly that gives $43:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC= 1.27 XA=$18 *reached*
or
CD=2.24 BC=$43
since we had a strong wave on the 1st wave I believe the target must be higher. the target of Fib channel of the whole chart is $215
from $2.8 to $250we have a Gartley harmonic pattern of the 2nd wave of Elliott with three targets:
tp1=$4.6
tp2=$3.6
tp3=$2.8 *more likely because the 2nd wave could form butterfly pattern with ABC and the 1st wave with $250 target*
$GME - Poised For Another Squeeze Towards $324Looking at the 30 minute chart, we can see that $GME is forming an inverse head and shoulders pattern. However please note that prices are yet to break above the confirmation line which is right around the 220.00 area.
An important factor to note here is that the right shoulder is forming above the 5DMA and the slope of the MA is positive. I therefore expect prices to find support at the 5DMA and continue higher and retest the confirmation line and complete the right shoulder.
Thereafter is about breaking above it and I expect a strong burst in volume if prices do so. A good way to confirm a valid break is to wait for prices to close above the confirmation line before getting in.
A pattern failure will happen if prices close below the low of the right shoulder which is around the 160.00 area and thus becomes a good level to place a mental stop loss at. Provided prices confirm the pattern, I expect prices to retest the highs of 324.00
AMCSymmetrical Triangle, Could go up or down. Most probably this will break upwards around 14-16 April 21. In case it broke down, it will be another tactic of HF's to scare. Eventually it has to pop up and will achieve the first target for a continuous journey to the moon after some profit booking.
AMC to the Moooon. Apes stonk together!For the first time in history, the average Joe can make a real fist against the financial system. In 2008 there where a lot of financial companies who were bailed out and lots of average Joe's had to pay the bill. The wound is still open, the debts were real, the houses they had to left, were real, the cars they had to live in, were real. Their PAIN is REAL.
It's never bin more obvious as it is right now, you can feel it, the time for revenge is NOW. They are united in achieving their goal.
This is not only for the possible gains, it is about showing the world the financial system is corrupt and our governments have to do something about it.
Trading via Dark Pools was created to protect the market, now it's mostly used to move the price in the direction they want.
Shorting a company was created to get too much air out of the price of a stock, now it is used to demolish companies only for their gains.
It's time the wealth get more equally distributed over the people.
No financial advise, but I love this movement and this stonk.
Diamond Handed Apes stay strong!
Interesting how there were two trends going at the same time. I don't know what this means for AMC, but I see two upward trends happening at the same time here. There's some oscillation, but it's kind of unusual to see two develop like this. Typically, the less acute trend is the more reliable one, but you never know with a situation like this. AMC could go skyward at any moment. Whichever trend you think is the one that will end up being dominant, this is a bullish chart.
I believe AMC is going to be very interesting in the coming weeks. Hold onto your hats!
What Does The FUTURE Hold for AMC Entertainment (NYSE: $AMC)?!🤑AMC Theatres® (NYSE: $AMC) delivers distinctive and affordable movie-going experiences throughout the United States. The company maintains a significant presence in the top 50 DMAs, including the number one or two market share in each of the top 15 DMAs, which includes New York, Los Angeles, Chicago, Philadelphia, San Francisco, Atlanta and Dallas & operates 22 of the 50 highest grossing theatres in the United States, including four of the top five.
Crazy: Rom Com's Can Save AMC: Bring Back the Date Night2% of all movies are Rom Com's (down from 43% in 93'). There is pent up demand.....hopefully a suit in Hollywood makes the connection. AMC do your thing. Bull Channel
VOLATILITY ASSET - $AMC - Conservative Bullish EW ForecastModel Forecast for a CONSERVATIVE long target for Mar-Apr.
AMC ENTERTAINMENT HOLDINGS INCSymmetrical Triangle pattern on daily chart. Can go either was . In my opinion and with all the hype I can say this will make an upward movement. Keep in mind that the RSI is cooling down and pointing a downtrend.
AMC BLASTOFF/MOON/MARSAMC
I have been studying this chart long before the hype and missed out. I strongly believe AMC has all the potential to reach these high numbers. Based from the pattern i placed, this has a cup and handle formation. A deadly formation for the hedgies. Based from the market, everyone seems to be bullish on AMC! As more and more vaccinations become available and the general economy and stim comes through, we are going to see this pattern play out accordingly. This upcoming earnings is going to be a pivital role in reversal of the bear market.
AMC Updated Support Levels as of March 9th This is not a financial advice, do your DD.
As of now I like the price action, momentum and local uptrend. Looks like are having a perfect formation/setup to send this baby to the 🌙
AMC to 2000
HOLD on Apes/ AMC DIAMOND HANDSHello Guys, I would like to introduce to you my idea about the future of AMC. I am a holder of 10000 shares from 5.50$ and I am long till a minimum of 100$.
After the last week, we got few red days including yesterday, but as an Elliott wave trader, I can see an opportunity to jump in, I think we reached the bottom. After carefully checked the Fibonacci lvls you can see that we bounced exactly for 61,8 for the 2nd wave of Elliot. The question is when we will start the Gamma Squeeze, maybe it will be on 19/3 ?!?, who knows. But in my opinion, the Gamma squeeze will be the 3 wave of the daily Elliot. till 17$ - 22 $ range, It all depends to us how long we will keep our Dimond hand.
One more thing, we can see a cup and handle formation, if it is correct, the price will go to 17$ with it too. So as you can see we can make a 100% minimum till the end of march :)
Just HOLD Guys, we can make it <3
AMC ENTERTAINMENT HOLDINGS INCTarget is on the chart. Please do not try to understand the charting :) , but this is going to happen in my opinion. All the best who are still holding.
AMC Updated support and resistance lines. I'm not providing any financial advice. Just sharing some ideas.
I find it interesting that AMC has such even support and resistance lines.
