$AMC: Squeeze On Earnings?⭐Bullish Descending Pattern for over 9 months (Target of this pattern is 72$)
⭐Bottom trendline support bounced the price 4 times with significant volume (Previous1400% gain, strong level of resistance)
⭐Strong bottoming signals on the MFI (Last time this happened a 1400% move occurred
⭐14.8$ Support confirmed by VPVR node + 7.86 Fib + Trendline + Volume
⭐A break above 20$ (Ichimoku Cloud + multimonth consolidation zone resistance + large VPVR node) should lead to a large spike in the price of AMC
⭐24$ Ichimoku Cloud resistance needs to be broken
⭐0.5 Fib (31.8$) Resistance, once this level becomes support the options chain should push the price to higher levels
⭐If a daily candle is closed below the Ichimoku Cloud with a significant amount of selling Volume the squeeze will be delayed (We need daily closes above 16$)
⭐I am of the belief that this is the bottom due to the trendline support + the bullish divergence on the MFI
⭐By looking at the Options Chain a move below 16$ is highley unlikely
*WARNING* This thread is not financial advice. I am not a financial advisor.
Amclong
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
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 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 Entertainment bounced from the supportAfter a perfect touch of the strong support area:
AMC bounced back to the resistance.
The option market has mixed feeling about this area, slightly bullish though.
I think it`s a good consolidation range for accumulation.
Looking forward to read your opinion about it.
Rebound + BULLISH MOMENTUM RSI looks like it's bouncing, not only that but so is the price after bouncing off the strong resistance of $14. Last time RSI was this low was NOV/DEC before the January squeeze from $2 to about $5, 150%. Not saying that's going to happen exactly. But history has a tendency to repeat itself and with this low of RSI we're at least guaranteed a relief bounce. But I think it'll start the upwards momentum we have been looking for. For February Im feeling BULLISH.
AMC: Turnaround! ↗️With entering the light blue zone, the AMC stock has theoretically reached a region where new surges are possible. However, we believe that the course will further decrease towards the area around $18.04. From there, our expectation centres around new surges past $52.79. A direct increase has a probability of 30% currently.
Already happy holidays!
AMC Held SupportNice hold at the 28.79 area. Next test is the 30.50 area then TL with major resistance right behind it at 31.74 area. Good luck out there. Ape strong
P.S. - This is the first time I've noticed a check box to abide by the house rules. For any sick asshole that attacks other people online, whether it a moderator or not, should do some soul searching and be a better human. Don't like what you see? Click away and move on.
MOASS or loss porn? An opinion on AMC Entertainment.Dear babbling smooth brained baboons of the interweb, it's your ol’ boy Magnus here!
I have come to present a case for AMC. I do believe we are about to witness the end of the “battle for $40” in the war of “The smooth brained simians vs. The hedgies“.
Now dear fellow, I know you have never seen such artistic magnificence before! But do stop licking the screen and allow us to move along, ei?
Well, as you can see. According to my most sophisticated calculations we should either MOASS or have lots and lots of epic loss porn for our ape brethren over at r/wallstreetbets before the year is out!
Disclaimer: This is not financial advice. It is an opinion. Magnus is not a financial advisor.
Time to get long$AMC is very hardly testing on the fib levels
The fib accompanied $AMC in the last time and when it will keep going like that
we will see a reversal bc. of that resistance building at the current fib level.
The MFI is telling is that we are currently in a oversold area so we can suspect that the price
will pop up to the next fib level when possible.
-$AMC technical analysis