AMC - Where do we go from here???Bull trap or bear trap??? Where do we go from here? Gamma or accumulation?
Amcentertainment
AMC Breakout $ Target 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
AMC Looking GoodLooks like AMC is starting to break out of the macro falling wedge. Not financial advice.
AMC Entertainment Options Ahead Of EarningsLooking at the AMC Entertainment options chain, i would buy the $17 strike price calls with
2022-10-21 expiration date for about
$2.11 premium.
Looking forward to read your opinion about it.
AMC still going higher!AMC
Short Term
We look to Buy at 14.20 (stop at 12.69)
Broken out of the channel formation to the upside. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected.
Our profit targets will be 18.64 and 21.01
Resistance: 20.00 / 30.00 / 45.00
Support: 14.00 / 12.17 / 10.35
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
3 within a 3 wave to look forward to for next week.This is how I think the wave count will unfold for next week. Check out my previous post on AMC showing prequel before this move.
Break $72.62 and minimal target is $111If $9.70 is the low now and we can break $72.62 the price targets we can look at are below based off Fibonacci retracements. Fib levels are in brackets
All time high (1) $72.62
Bottomed out (0) $9.70
To validate the price targets below AMC must breakthrough $72.62
In the previous cycle $72.62 was the 4.236 fib extension level taken from its previous cycle top and bottom. So there’s no reason why It can’t reach the 4.236 again.
(1.618) $111.50
(2.618) $174.42
(3.618) $237.34
(4.236) $276.23
I do believe AMC behaves as in a crypto type cycle with bull run tops and bottoms.
If you’re unfamiliar with Fibonacci extensions I highly recommend watching some videos and doing some research on them because they are pretty much the reason prices land where they do.
Decision time for AMCIt seams my last idea of the bear pendant has been invalidated due to the breakout to the upside.
Now printing an ascending triangle with approximate targets of :
Breakout: $25
Breakdown: $9
AMC: Descending Broadening Wedge PatternIt appears that AMC is forming a descending broadening wedge pattern. I expect AMC to eventually test the top of the wedge again in the mid $20 price level before breaking out. #bullish
I want to play a game. And it‘s called SHORTSQUEEZE.Things are getting pretty spicy. I still expect 20$ in the near future. We will either break 20$ and proceed further or another dump after touching the main trendline.
Amc is now part of the Russel1000 and more institution are filling up their bags.
Despite the squeezeplay many of us are in AMC, the company has become a serious investment even for the big bois.
I‘m still extremely bullish mid-long-term and I constantly add to my bag.
Expect either a break up to 16-20$ or a break down to the 8-10$ range. Either way, this will go up. Either now or later.
AMC Technical Breakout incoming.I'm new to charting and to TA in general, as well as the entire market, only been in it for about 9 months. Just started learning TA about 4 months ago, so bear with me. But, as seen in my chart I do see a major technical breakout incoming, it should break this wedge on the 4th test upwards of the resistance line, break it hopefully, and upward skies from there!! not too, too many resistances holding us back from mooning if we break these next two resistances! Any and all advice, opinions, or comments are welcome, just no hate, don't got time for that. Thanks y'all :)!
Whopping bear flag on Daily chartAMC printing a huge bear pennant on the daily time frame. Breakdown target would be around $8
AMC bulls are back in town AMC
Short Term
We look to Buy a break of 10.48 (stop at 9.53)
The trend of higher lows is located at 10.33. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected.
Our profit targets will be 13.86 and 15.50
Resistance: 14.00 / 16.00 / 30.00
Support: 10.50 / 7.50 / 2.20
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
AMC Perfect 1.618 extension Perfect set up
Fib retracement extension to 1.618
Target price $111.11
Let time tell us if its true
$AMC - AMC Entertainment Holdings - BuyTrading 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.
$AMC: 30$ Incoming?⚡Bottomed out on monthly Ichimoku Cloud
⚡Bullish Divergence on the MFI
⚡Bottoming signals on the Vix Fix Indicator
⚡TD-Sequential red 9 (Indicates bottom, more accurate on larger time frames)
⚡AMC needs to reclaim the monthly VWAP above 13$
⚡Break the 14-16$ Resistance
⚡Break above 18.75$ (Monthly Ichimoku Cloud resistance) for larger moves
⚡Bullish Options Chain, hints for upside
⚡Break and hold above 14$ = Bull
⚡Reject the 14$ level = Bear
*WARNING* This thread is not financial advice. I am not a financial advisor.
AMC Time Horizon & Price Targets Sometimes current events seam like an organic component of the extension of the pattern. Short selling and hedge funds may be playing their games but it looks like their window of opportunity is limited.. Lets hope the pattern plays out. Let me know what you think in the comments below.
This is not investment advice, but only my perspective..
AMC: Top Gun 2 will boost stock!AMC
Intraday - We look to Buy a break of 14.80 (stop at 9.61)
Posted a Double Bottom formation. This is positive for sentiment and the uptrend has potential to return. A break of 14.50 is needed to confirm follow through bullish momentum. Further upside is expected.
Our profit targets will be 29.37 and 34.30
Resistance: 14.50 / 20.00 / 30.00
Support: 10.00 / 7.50 / 2.20
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AMC Price Prediction for First Week of June 2022This chart is the run-up of May/June last year (2021) with my prediction of how this coming week will play-out if the past repeats. Dates in RED are current dates (this year) with the correlating price it was during last year's run.
AMC close to our Buy areaIf you haven`t sold AMC Entertainment here:
Then you should know that AMC is close to our buy area: 8.11 - 9.90, from which it can reverse to 19.50.
Looking forward to read your opinion about it.
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.
Potential End of the Downtrend (Monday May 16th)Check it out, the aqua blue and orange lines represent the downtrend we've been following since the March run-up. Today the price is being pinched between both lines. Monday could be the day. Not saying MOASS on Monday but probably time for some upward momentum.
$AMC: Reversal⚡Bullish Divergence on the MFI
⚡Vix Fix strong bottoming signals
⚡7.86 Fib Retracement measured from the trend reversal candle (43$), this area stands as strong support confirmed by large VPVR node
⚡TD-Sequential red 8, often reverses the trend once spotted on larger time frames
⚡Big volume support trendline at 10$
⚡Liquidity zone between 7.5-10$ (Strong support)
⚡A 3D close above the 7.86 Fib signifies the reversal
⚡Later on we have resistance at the 7.07 Fib (13.5$) confirmed by VPVR node
⚡Golden pocket Fib resistance at 15.8-17$
⚡0.5 Fib + Ichimoku Cloud resistance at 21$ + 20$
⚡Watch for a break of 14.64$ to confirm bullish price action
⚡Options Chain looking healthy, an upswing is possible at these levels
*WARNING* This thread is not financial advice. I am not a financial advisor.
