You need to break above 31.74. That's a major area of resistance. If you can't, there's not much catching this thing. Good luck.
As per the current analysis and wave trend, AMC is not looking to go back into $40 or higher anytime soon. Yes, There is a possibility it will rise and touch the last wave low around $34.51, but then it looks like going down to $29.43 followed by $24.35 or even lower. Long term short trend persist. Wait for the breakout at 32.06 if that happens, yes it's going to...
After AMC went higher after break-even on cash flow news: now it bounced from it`s last support before a major GAP. My price target is the $40 resistance. Looking forward to read your opinion about it.
$AMC under the selling pressure crashed to $25 last week, We may see a Green Day on Monday and $AMC expected to go High around $30.32 and Low around $28.91. We may see very little volume because of fear of selling pressure. Expected to open around $28.46.
Remember, There is no V-Shape recovery in the market, After this much downside expect price to drop further more to $24.30 as many users enters here hoping to recover, but market makers always try to knock them out here. Be careful, its new range $26.82 - $30.93.
www.tradingview.com AMC can fall more downside to $25.43, This is where the best buy entry for those looking to enter in AMC trade. Look the previous Idea I have attached.
My view on AMC, I'm still bullish, in fact I expect price to continue up further The recovery from all time lows on AMC has been spectacular White bars pattern placed for price move expectation
I really don't want to speculate, but by looking at the chart and few of analysis, I believe we are headed to $27.86 or lower. I had sold it at 40.42 though waiting for the better re-entry either at 27.86 if not then at 24. 100%.
We've got a very simple trade thesis today! AMC has been consolidating for the past five months after it's insane run to 72$. After such long consolidation, we're finally nearing the end of our wedge, meaning AMC is primed to make a large move to the upside OR downside. I will be eagerly eyeing this ticker, and will play a break to either direction as I've got no...
Look at the recent levels of volume. It's the lowest its had in a long period of time. Especially today's volume. Keep in mind that short weeks and around the holidays volume drops with people traveling. I'm loading more in this area. Break out is still in play
I think we will start the week green on Monday. Thoughts?
I have been here for nearly 6 months and have checked the chart daily if not hourly every day since. I've added lines, removed lines, tweaked lines. I feel fairly confident I found THEE lines. The weekly chart nearly speaks for itself. I cannot stress enough how massive this full pennant (Dorito chip) is. You usually see bull pennants like this play out over the...
Basically the same analysis as some others have already done, just reiterating their points. Massive bull flag and textbook consolidation. I agree between now and next week we will see a major movement one way or another, my bets are on a rocket to ATH. Stay vigilant apes.
$AMC Every time the 20 and 50 Moving Averages cross on the daily chart AMC has created new ATHs.. After the break of $72 $AMC melted and bounced back to form a George W Pattern on the Daily. Get ready to see a break of the GW neck line around $52 then a retest of $72!! See you at the LAMBO dealership APES!!
Look like NYSE:AMC has been consolidating in a triangle pattern which will mostly break out of on the long side. For the apes that can't understand technical analysis voodoo: NYSE:AMC will very likely go down to the $35-37 support level, after which it will rally up to $55-$60. Just follow the arrows on the chart. Good luck, Your Ganbu ⚠️ Let me know...
This is what I think AMC will do. If the price returns back down to $36 then I assume we can see a repeat of the last move, with less potential this time around due to the overall price consolidation with recent price action. Realistically I'm looking to make a buy here at $36 and cash out at $44 again. Nobody can ever predict the market, this is just what I...
AMC Entertainment is sitting at its strongest regional support line and its ready to bounce to the next resistance. My price target is 40.5usd I`m looking forward to read your opinion about it!
AMC is trading within a symmetrical triangle/large bull flag pattern (blue triangle/yellow lines.) The relative strength index is trending down (signaling an impending breakout). Pink circles indicate touches on the trendlines. Price target (within reason) is the previous high of $73.00 (green dotted line). *the bull flag doesn't meet ALL of the requirements (but...