Its been a while since I published anything. I have been working on getting better at my skills and TA, just to be honest. Two years later and AMC looks attractive again. Why?... Well it derives from a bunch of degenerate cultist (like myself) who believe in the stock / company, the evolution of what we know as the theater industry, and same fractal patterns...
If you haven`t sold AMC before the APE units merger: Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week, I would consider purchasing the 5usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $1.44. If these options prove to be profitable prior to the...
On the M15 chart the trend started on July 28 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 5.36 But we should not forget about SL = 4.51 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
we getting near our breakout zone , which will be a Turing point if we break it , to have 2 profit taking before another selling pressure will be opened by the short sellers .
we had a good pump the last few days , now we inside a consolidation area between (5.50$/4.66$), once we break our current resistant at the 5.50$, we going to witness another pump towards the 6$ and the 6.70$. on the other hand if we broke our support around the 4.66$, it's mean the short will drop the price to new low this year just above the 3.26$ first then to...
AMC Going long Idea AMC bounced well from weekly support are and got some social media negative and expected to retest new support area on daily time frame which can be a good entry point. Below is trade plan EP: 6.49 SL: 4.34 TP: 9.87 RRR:1.58
This is wat we can expect from our darling AMC , this is very much possible ATM and it might bring us MOASS. Best of luck to APES.
I love the wick and where this stopped, lot of pent up energy in this one, should explode higher if the pattern works out.
we accumulated for weeks above our support the 3.82$, now we have a breakout from the resistant , if we continued to hold above our current support 4.15$+ will confirm the bullish momentum towards the 2 profit taking .
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
we about to visit an important bottom above the 3.33$+, but first we going to see buying pressure above the 3.90$ to go totes the near the resistant 4.70$, if we got rejected it's means the short in control and price will keep going down to the 3.33$ bottom .
if AMC can hold 7.1 area as support, i think move towards 8 resistance.. if very strong $10 is also possible
we going to visit an critical level for AMC which is our bottom price level above the 4.70$, where we should see a reversal , and huge buying pressure to test the our current resistant around the 5.90$.
⚡Inverse Head & Shoulders Pattern forming? ⚡Neckline resistance 13.5$ Supported by Ichimoku Cloud resistance ⚡Bearish Divergence on the MFI, watch for a bounce at the 5.85$ area (huge liquidity zone) ⚡To confirm the Inverse Head & Shoulders Pattern a break of EMA 1 resistance is needed (8.6$ along with EMA 2 resistance, 10$) ⚡Strong VPVR resistance to the 12$...
- VWAP Broken with engulfing volume. - EMA resistance at 8,3$ (Daily close above = bull) - EMA Resistance at 9.1$ (Daily close above = bull) If 8.3$ gets rejected lower targets could occur. *WARNING* This thread is not financial advice. I am not a financial advisor.
we need to hold this week above the 10$ level to. confirm the bullish momentum is back and going. to the squeeze level around the 12$, our current support we should hold to see this reaction is above the 9$ level.
⚡200 Weekly level mounted (huge resistance now became support) ⚡Support trendline held with a bullish engulfing + volume + bullish divergence on the MFI ⚡Golden pocket fib resistance ⚡Ichimoku Cloud broken ⚡VPVR support mounted at 9-9.7$ ⚡10.86$ resistance confirmed by 0.5 fib + VPVR node ⚡12$ resistance confirmed by 0.382 fib + VPVR node + Ichimoku cloud...
🔥Bottoming signal on monthly (4-month bottoming pattern consolidation) + Bullish MFI 🔥Monthly Ichimoku low confirmed as bottom followed by TD-Sequential 9 🔥200 Weekly Moving Average Resistance at 9.45 (This should be reclaimed due to the open interest at this level) 🔥Monthly resistance at 11.6$ confirmed by Ichimoku Cloud 🔥7.86 Fib retracement at 8.3$...