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Amclong

$AMC can reopen theaters at limited capacity (25%) next monthjumped Monday after Gov. Andrew Cuomo said cinemas in New York City can reopen at limited capacity (25%) next month. Masks and assigned seating will be required, Cuomo said, and movie theaters will need to follow the state ventilation standards. New York is reporting a 13% decline in new COVID-19 cases with a weekly average of 7,400, CNBC reported. Movie theaters were among the many businesses forced to close their doors at the outset of the pandemic in an effort to curb the spread of the coronavirus As of November, AMC said it had resumed operations at 530 of its 600 U.S. theaters, with limited seating capacities of between 20% and 40%. AMC is still one of the volume leaders in the stock market, as retail investors continue to reiterate "they like the stock" as it was a top-five volume leader Monday. In October, AMC had warned that it could run out of cash by year's end or early next year as it struggles through the coronavirus pandemic. But in late January, the company raised $917 million in debt and equity and its CEO said that bankruptcy is “off the table.” www.thestreet.com
NYSE:AMC
by AlenCiken
2
AMC - UPWARD MOVING CHANNELAMC reversed its negative trend and started an upward moving channel 2/10. Without a -10% decline today SSR does NOT apply, so expecting heavy manipulation from short selling hedge funds creating some downward pressure. Despite this, there was an occurance of the same bearish indicator that happened a day (17 bars) before the short squeeze earlier this month. With RSI currently below 45 the stock is oversold and has been for the past 5+ trading days as we begin to bounce of off strong resistance at $5.40. Chart is telling me we should see a breakout 2/11 mid-day possibly over $7 followed by a more aggressive squeeze with higher volume 2/12 sending the sp to $11+ GLTA, Thanks for stopping by
NYSE:AMCLong
by Evan_The_Greek
AMC - HOW TO PREVENT FOMO - WE CAN ALL LEARN FROM THIS 1. Ask yourself why you want to invest, is it out of jealousy from others cashing in big? Do you want to be apart of the next big hype stock? If you answer yes to either of these do not trade, trading from this emotional perspective will only result in you losing money. 2. Warren Buffet said ''be greedy when others are fearful and fearful when others are greedy'' apply this logic to your decisions, chances are if the stock has pumped tenfold already and people are still greedy this could be an indicator you shouldn't trade - there are always more opportunities. 3. Ask yourself ''am I a sheep?'' Sheep do not make money in the stock market, do not blindly follow peoples ideas, question them and formulate your own understanding. 4. Where did you see the stock? if it was on the news the ship has sailed and you shouldn't buy it, at this point it is already too late. 5. Be careful of stocks that appear to be pushed by the same groups of people - this indicates little to no adoption and they are hoping that you buy their bags from them. 6. If you can't explain what the company does and why it's a good idea do not buy it. Always do your research first, learn about the team, the product, the vision and financials before investing. 7. If the market is mostly green its time to sell, if the market is mostly red, its time to buy. 8. Is it a meme stock? if yes either be an early adopter or do not buy it. 9. Have you got spare capital? always take into account your financial situation and be prepared to lose - never invest more you are willing to lose. 10. Learn to take losses - otherwise, you will end up holding your bag down a -80% drop. Hope this was usefull ''Buy Big Sell BIGGER'' - MegaWhale
NYSE:AMC
by MegaWhale
8
AMC TO THE MOON!AMC to the MOON! 🌕 We all know that retail investors have little to no control over the price however what we also know is that institutional banks are in charge of the big moves. JUDAS GOAT: Juda is the only goat that leads all the other goats, it’s also the leader. All the sheep follow Juda to the slaughter house while Juda sits on the side pretty. When we are trying understand how to enter the market, we need to first understand how the manipulation takes effect. When Robinhood stopped everyone from buying GME, AMC, NOK ETC they intentionally did that purposely to give the opportunity to hedge funds to drop prices lower so all the big banks go shopping on discount. It was only the suits and ties shopping, no retail investor. Hedge funds, banks and politicians are the Devil that we need to follow. You will never see big buy orders come in from banks at high prices, and you will never see large sell orders from banks at low prices, buy low.. sell high. In order to determine an outlook, we had researched both fundamentals and technical analysis to form a case. Fundamental Analysis: - 🎈 Let’s take a step back and think about the current situations going on in this world. When COVID-19 struck, all restaurants, shopping centers, entertainment, airports, etc. shut down, we understand by shutting down the doors of a store it usually results in no sales. AMC Theaters also shut down due to the pandemic resulting in no sales, what do you guess happened to the stock? Of course it dropped. Simply because the company is no longer making revenue. Fast-forward to 2021 and things aren’t as bad as before.. most of the restaurants are back to work, many shopping centers are back open, entertainment hubs are also staring to open back up, however there is one on particular that is still closed... Theaters are still closed, not just AMC. This is because theaters are a high potential area of spreading covid simply because there are over 200 seats in one room. When you judge a stock, judge what’s going on in the real world first, and we know currently even though COVID-19 had slowed down, many people still don’t hang out in large group of numbers. This alone effects the theater business and drop in prices is expected.. However, COVID-19 will not last forever, slowly but surely COVID won’t be a thing, when that happens the world goes back to normal, theaters and airports will be the first to open the doors back for business. When this happens, don’t be surprised if AMC stock price goes up. Technical Analysis: - 🎇 A technical perspective is there to help us better refine our fundamentals and see the porn from a technical perspective. From a 4h perspective, price is currently overbought, meaning a short term pullback is inbound but this should be a discount for us to enter in more buy opportunities. The lower price goes, the deeper discount we are in discount. Many people talk about banks manipulation but don’t know how it looks like on a chart. Each large impulse move is institutionally involved. This is where we see heavy selling or heavy buying. The only people who have the power to cause such large moves are hedge funds and banks. Market manipulation is built off a retail behavior, and many retail investors buy at support and sell at resistance, the devils know this so they grab the liquidity of retail investors and cause disbelief to shake out anybody that is buying. From a technical perspective, we have large amounts of liquidity resting above $20 and more liquidity above $35 If you drop a tear of blood in the ocean, the sharks will smell it. Big banks also smell this liquidity and uses liquidity as the juice of the overall momentum. Referring back to the “Judas reference” mentioned above, devils drive price into areas where they have all the power to trigger their limit orders. In this case last Monday when price was tanking on AMC but brokers disabled retail investors to buy, this caused price to drop giving the devils a chance to sell at their last sell orders, profiting from the overbought AMC and also a chance to buy after the collapse at cheap prices.
NYSE:AMCLong
by FlyDownX
8
AMC round 3 FIGHT !so we are on 15 pre-market - dropped from 16$ this morning... our key number is 16$ - this is 1$ above most short entry positions we must hold that line. the POC - point of control - volume level - is on 13$ so this is a price target we shouldnt lose.the volume orders show that we are on 54M which in normal circumstances is good but not enough for this particular case, we must remember institutions that are on a short keep putting more money in to maintain their short positions -2.5B was injected on Thursday. what is not being mentioned enough on the media (fake news) is that we have a lot of institutions on the buy-side as well that jumped in last week- not just Blackrock but many others. we are now forming a traders union that gives our traders (for free) the ability to unite and stand together in front of market manipulation and blocking of assets (not to drive stock prices up - we work acc to SEC regulations). the expected move for today is a drop on opening bell and then correction upwards above 16 towards the evening, if in after market hours we see a sharp rise in the price like GME had last week that could be a crucial sign to show retail side has the upper hand most short positions will be closed this week on AMC and GME (some closed on Friday) and this can raise the stock price much higher as the short sellers will raise the price of the stock by exiting (buying the stock) the position. for any help or questions we are here ! feel free to join cheers
NYSE:AMCLong
by FDGT_academy
6
AMC 1hr - to the BANKListen as a trader you have to make sure you are ready to adapt to changing market conditions at a moments notice. As a full time trader, you have to make sure your butt is in the seat sun up to sun down when we get a week like we had this past week. And listen friends - its only just begun. I don't think this is the "new norm" and we see runners like this all the time, but we certainly aren't done with a few of these plays. $AMC on the 1hour - continued uptrend nothing big jumping out on the chart. the consolidation between 12 and 15 is beautiful, watching this for another squeeze on Monday. Hype continues, we see tests of the previous highs, possibly. AMC round trips from this past week: Webull: 1. 3.60 - 4.75 2. 4.73 - 5.77 3. 9.91 - 13.31 Schwab: 1. 4.75 - 4.90 2. 6.97 - 8.31 3. 8.25 - 11.00 4. 12.11 - 13.25 So these were my bigger plays. I told myself I am sticking to my strategy and my strategy is to take profits multiple times, to scalp, to play price action and momentum. I don't buy 100 shares at the bottom and let it run to the top. I buy hundreds of shares and scale out or buy hundreds of shares then sell all three dollars later, then buy another few hundred of shares and sell a couple dollars later. Thats how I play and I stuck with my strategy and I was extremely profitable this past week.
NYSE:AMCLong
by BradWeber82
15
AMC -this is the next GME this weekAMC released incredible earnings! and the stock si being played by short-sellers with a short interest of almost 39M. WSB with the retail investors army is going to go big on this stock today and its already up 50% pre-market! we estimate that if this stock will get 15% traction of what GME got in the last few days, AMC will reach the second level of resistance at 15$. We are bullish on the stock regardless to the short interest and we are taking it high today !! The point of control on the volume is on 6$. Volume on the stock in average 3m: 53M current volume: Apx 160M trade safe ! Be safe
NYSE:AMCLong
by FDGT_academy
3