AMC to the DIRTIts only a matter of time until Adam Arron's jig is up. And he won't be sad with $1.5B in the Bank. With the massive insider selling and the overall lack of retail sentiment, it's only becoming more evident even more the Meme crowd.
Amcentertainment
AMC last support to squeezewe got rejected at 33.80$ 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$, if we hold we going to see an accumulation phase to test the first resistant around the 20.80$.
$AMC BearishOn my last chart of AMC we identified the demand zone and eventually blew right through out target! Now we're hear to look at the reverse of that outcome.
I know the bulls and 'ape land' won't approve of this sentiment; nevertheless, I foresee price action returning back to our $12 - $14 range and that could happen within a short duration of time. Let's call it within the next 30-45 days to be conservative; however, I really hate to ever put durations on anything when it comes to the markets.
$AMC: Really Important Day!⭐20$ Support must be held (Ema Ribbon support), previously this level was a huge level of resistance causing a 3 month consolidation. 20$ is also a large VPVR node that needs to be respected for bullish continuation. 20.9$ is the 7.86 Fib which is a good long term retracement zone.
⭐TD-Sequential red 9 which often indicates a bottom
⭐Looks like the MFI is forming a bottom
⭐Bearish TK-Cross on the Ichimoku Cloud (Bad Signal) most likely if the 20$ level holds this should be ignored
⭐We are retesting the large bull flag. This retest must hold as support
⭐For bullish continuation we need to see a good bounce with a significant amount of volume and a daily close above 23$
⭐Daily close below 20$ is going to be bearish (Highly unlikely scenario)
⭐Options Chain looking bullish, lower levels barely have any Volume or Open Interest
*WARNING* This thread is not financial advice. I am not a financial advisor.
AMC missing 0.681 fib level by 4 centsAMC hit today the 0.618 fib level, respectively missed it by 4 cents. My prediction for wave 3 is the move into the $41.80 range in the next 5 trading days. By the way the RSI is cooling off and the price is dropping while volume is also dropping, absolute bullish!
AMC SQUEEZE PART 2 Who remember 2 weeks ago I said AMC and GME will begin squeezing. Since then GME went from 70-80 to 200 and AMC from 12 to 34. Now im seeing the exact same thing. Thus im expecting another leg up for both stocks.
$AMC: Strong Bullish Divergence!⭐Broken out of 9 month falling wedge with a 6 month engulfing volume
⭐Broken out of monthly Ichimoku Cloud resistance
⭐Broken out of EMA Ribbon resistance at 20.8$
⭐Vix Fix indicator shows for the first time in 13 months a strong signal of a bottom
*WARNING* This thread is not financial advice. I am not a financial advisor.
Thank you for reading.
$AMC: 30$ Incoming?⭐Bottomed out and closed above the Ichimoku Cloud (22.7$) and we succesfully mounted the long term retracement zone (.786 Fib)
⭐Short term resistance levels, 23.5$ (Ema Ribbon) 24.4$ (EMA Ribbon)
⭐Watch for a break of the 0.5 Fib (25$) with good volume
⭐1H chart bullish divergence on the MFI
⭐Vix Fix bottom signals on 1h confirmed with buying pressure
⭐1H falling wedge pattern
⭐Red 9 on the TD-Sequential (Downtrend completed)
⭐Green 1 on TD-Sequential (1H) Beginning of an uptrend
⭐Breakout of the falling wedge (Could send us to 30$)
⭐Worst case scenario 20.5$ EMA Ribbon support
*WARNING* This thread is not financial advice. I am not a finacial advisor.
Thank you for reading.
Possible AMC Scenario NYSE:AMC
Possible scenario is that we're finishing the B leg currently as it is in a falling wedge and will breakout this week for C leg. Volume decreasing as price is dropping is bullish. PT for C leg rn is around 55$. If there is enough momentum there may be a 5th leg which would validate that this is a 5 wave impulse and pt would be around 100ish. Good luck! lmk what you guys think
Wyckoff #1 on 4h ChartWyckoff #1 on 4h Chart - We are currently forming the wedge in Phase D - Maybe takeoff in 2nd April week? 🚀
OUTLOOK OF AMC ENTERTAINMENT HOLDINGS (AMC)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 plans to be certain
IF anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational biase on top of your own analysis.
like for support!!!!
AMC Back to the Moon? AMC
Short Term - We look to Buy at 21.31 (stop at 17.60)
Preferred trade is to buy on dips. 50 1day EMA is at 20.00. We have a 61.8% Fibonacci pullback level of 21.09 from 12.90 to 34.41. Trading volume is increasing. Previous resistance, now becomes support at 21.00.
Our profit targets will be 34.41 and 43.15
Resistance: 30.00 / 35.00 / 40.00
Support: 21.00 / 15.00 / 10.00
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AMC Entertainment @ Last Point Of Supportyou know It! Wyckoff everywhere!
Accumulation of bananas has been soo bloody.
To the Moon!
Tendies nice and warm, sweet tea, crinkle french fries. life time baby!
( APE SOUNDS APE SOUNDS APE SOUNDS)
( APE SOUNDS APE SOUNDS APE SOUNDS)
( APE SOUNDS APE SOUNDS APE SOUNDS)
Goodluck! NFA!
$AMC: Huge Rounded Bottom! (TARGET 47$)A huge rounded bottom has been spotted on AMC.
⭐Neckline Resistance (30$) The 30$ level is a huge level when it comes to options. 33.5k Volume and 21k Open Interest.
⭐Short term rejection (25.35-26.5$) 7.86 Fib (25.35$)
⭐This rounded bottom pattern is valid due to its touchpoints being supported by large buying-volume.
⭐Once 30$ Is broken we face resistance at 33-34$, 36-37$, 38$ 40.5$, 42$, 44$
⭐The weekly options remain bullish (35$, 20k Volume and 25k Open Interest) (40$ 26.4k Volume and 58k Open Interest)
⭐Weekly close above 30$ signifies continuation.
⭐A Green 9 has been spotted on the TD-Sequential, this is hinting for a retracement (Normally 1-4 Candles)
⭐Watch for a break of the neckline (30$) with large volume.
⭐The target of the rounded bottom is 47$.
*WARNING* This thread is not financial advice. I am not a financial advisor.
$AMC: Massive Rally Incoming! (72$?)AMC broke out of a large bull flag. The price target of this pattern is 72$.
We have also broken out of the Ichimoku Cloud which is a sign of strength. This movement is confirmed by engulfing volume.
We have mounted the 20$ level with significant volume (.786 Fib) It is also a large VPVR node making it strong support.
We also mounted the .618 Fib at 25.7$ which has become strong support confirmed by the VPVR.
We have also retested the bull flag at 26,4$ which on micro time frames is the 7.86 Fib. This retest of the bull flag is a sign of strength because of the large buying volume that appeared at this level. We didn't even wick within the bull flag.
Currently we are facing resistance at the 0.5 Fib 29.5-30$ confirmed by the VPVR.
We also got resistance at the .382 Fib (33.41$)
Later on we have .236 Fib level resistance at 38.31$.
The MFI is on a strong uptrend, it looks healthy for continuation.
The volume is looking extremely bullish which makes all of the price action valid.
Options chain is also extremely bullish.
Check the related ideas for a micro-timeframe update.
*WARNING* This thread is not financial advice. I am not a financial advisor.
Thank you for reading.
AMC NYSE Black Mountain Analytical Team:
AMC 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
AMC projection going into wave 2 of 5NYSE:AMC
I see a possible scenario of AMC creating an inverse head and shoulders where it fills the gap at 20ish and then starts wave 3 and 5.
AMC Timeframe: Medium Term, Technical: Bullish <$31#AMC (Exited: Trendline, Entered: Bullish )
#Daily
#Technical Analysis
#crevixtrader
AMC Squeeze PredictionJust a quick chart comparing last year's run with this week's price action. If we are only looking at price action, one can assume we are in day 1 of 4 of a prior run-up cycle showing the top to be on Thursday March 31st 2022.
Not Financial Advice - Not a Financial Advisor - Entertainment Only
AMC Just Some CrayonAMC Entertainment has shown the bullish signal and the following points can be considered for the coming days.
1. 1st triangle has broken out and the current price at the time of writing this confirms.
2. Huge resistance at breakout point (1)
3. If it breaks out of point (1) and support zone established at point(2) then the price movement can be expected as per the chart.
4. Ichimoku cloud has crossed the leading span B as per today's movement and its out of cloud formation.
5. MACD line has crossed the signal line on a weekly chart.
6. RSI at 51 on a weekly chart.
Disclaimer: “The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment”.
If you like my TA & ideas!! Want to keep yourself updated with current market action,Please follow my profile for more analysis.
Thank You.
AMC take profit and do not hold$AMC the current Rally is nothing but just shorts covering their recent short positions which were initiated on January 01, 2022. Now there is no more move, and it's better to close your Positions in profit and take a safe exit.
AMC will go down from here.
AMC BULLISH PREDICTIONI believe that AMC in the short term is bullish. Apologies if this chart is sloppy and/or messy, I created it in a rush on phone.
AMC looking very bullish!NYSE:AMC
1 Day Chart
EMA (Exponential Moving Average): 20EMA is yet to cross 50, 100, and 200 but moving towards the 100
TTM squeeze: momentum is up and squeezed.
Fib levels: Currently launching off of the 0 level but still in danger. It needs to cross and hold the .382 level ($22.50) for the bullish pattern to continue (giving the market noise are calm).
Candle stick: Bullish Pin Bar followed by a Bearish Pin Bar...This is indecision...
Pattern: Bullish Pennant. Price still needs to cross the .382 for confidence and psychological continue momentum. It also has a double bottom which is a bullish pattern.
News: Recently invested in HYMC
History: It failed the last double bottom in Nov. 8th and crashed heavily. We have noticed a major reversal of trends for a lot of stocks starting Nov. 8th 2021.
If AMC fails this double bottom, there are chances it could fall to $13.54. If it holds the bullish pattern, the next prices are $27.71 and $31.04 (both major resistant levels).
