$AMC $60 incoming$AMC #AMC currently testing resistance at $55 ish. If we get past this level then onwards to $60.
Thoughts?
DISCLAIMER: Not financial advice
Amclong
Holy diamond balls, Batman! AMC is on the money! 🚀🌝AMC is moving in beautiful form! Look at this buying pressure! The area on the 50 SMA was starting to show signs of buying pressure, and here we are bouncing at 60. I am beyond blown away at this, and all I had to do was use my fUnDeMeNtALs to see that AMC is going to the moon! I'm buying more shares, I am an ape after all! 🦍 🚀🌕
AMC Trade setup for 14/6/2021AMC Trade setup for 14/6/2021
This trade setup is in the H1 price chart to try and eliminate the noise in the opening of trades.
AMC managed to hold both support at 40.92 and 43.70 in Thursday and Friday's session, identical with previous trading activities around the 4th and 5th of June, as indicated on the price chart above.
It is a strong indication that shorts are not able to push prices further down and could potentially be forced to get out and help an army of buyers drive prices back up.
The critical levels to watch are around 48.34, 46.58, 44.82, and 43.70. We might see prices continue up if it holds above 48.34 or pull back to test previous support indicated in the critical levels above. Keep an eye on the estimates of major levels in the solid lines.
$AMC | Proprietary Model Successfully Predicts Bull RunLink to original idea below. TG3 still in play.
AMC LONG intraday fibonacci trading $AMCIntraday trend likely DOWN
We can take BUY positions at these fibo levels :
N1: 46.05
N2: 38.96
N3: 27.50
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (11.65)
TP could be @ Fibo level 0 (57.51)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
AMC TO $89 +We’ve been in a consolidation block for the past couple of days. The 4HR Timeframe shows a clear Ascending triangle (lots of accumulation building , News catalysts and volume) getting ready for a huge break to the upside. Price is STILL respecting our upwards trendline giving great confluence that this is in fact a perfect time to buy. We got positions in other plays, but this one is high risk high reward.
AMC BULLISH, ELLIOTT WAVE ANALYSISAMC looking to push upwards for a wave 5 in the future after some sideways consolidation for a wave 4. We are currently working on completing that wave 4 consolidation which could take some time, but overall looking for a high probability chance of pushing to the upside in the future.
Going to be looking to buy into calls to target this upside. Entry is set to be around the 0.5-0.618 fib retracement zones from 30-38.
Note that 4th waves can take time and can trap both bulls and bears, so be careful with the entry as the upside may not happen right away.
AMC TO 85?We have had an AMAZING RETAIL TRADER RALLY
That has not been solidified as the Main Short squeeze. Hedges have covered their shorts tremendously with not nearly as much shares being sold back than borrowed. So we’re doubling down on this thesis with price action showing confluence over our Fibonacci extension levels with an Ascending triangle (once again, very textbook) this is a Clear sign of ANOTHER ROUND OF ACCUMULATION FOR ANOTHER MASSIVE PUSH. TP and SL indicated in the chart Should you want another solid Re-Entry with minimal drawdown In the event we lose the insane and unreal amount of steam we’ve harbored over the past week.
AMC jumped to major resistance level at 31.40AMC jumped to major resistance level at 31.40
AMC could continue to its next target at 34.40 if it holds above 31.40. Major support at around 26.50
AMC to 40? (Continued)Ascending triangle on the 1HR and Great volume on the day shows more accumulation that’s set to send AMC to the next key level. (Swing high of AMC is the next level of resistance) Very probable this week or next week to rip right through with confirmation from the ascending triangle (giving accumulation of bullish sentiment) . Fibonacci extension shows 127 extension as the next probable level of resistance once 36 is broken.
NEW WEEK! LETS GOOO!!!! AMC TO THE FREAKING MOON BABY !!i AM REALISTIC AS HECK LEAVE A COMMENT WITH ANY QUESTIONS STATEMENTS AND WE DO THISSSSSSS!!!!!!!!!!!!!!!
There is clearly more room for growthThe WEEKLY chart in NYSE:AMC looks very bullish in my own opinion. Now why do I think it looks Bullish and has more room for growth? Simple...
1. The MACD looks extremely Bullish.
2. RSI barely at OVERBOUGHT levels.
3. Supply and Demand (Can't bet against #WSB and Retail Investors; Last Thursday there was a massive amount of volume, and it could happen again; Do not ignore Twitter signs)
4. COVID-19 restrictions eased.
Price Targets: I see the stock testing a low of $22-$23 in seek of SUPPORT before testing old $36 RESISTANCE; This pullback would be considered healthy as the stock needs its after such massive rally; After it has settle SUPPORT and broken old RESISTANCE, I see it hitting a high of $59-$60
AMC To 40?With everything thats going on with retail domination against big hedgers their has been an EXPLOSION of demand from AMC with Volume over 10M just before premarket. If you missed out on this move do not worry. this play can potentially be a solid RE-ENTRY into the game. we see a clear premarket dip to try and create pressure to sell but with retracements off of the GOLDEN ZONE from the 4HR &15M Timeframe. we have STRONG, CLEAR & CONCISE Accumulation getting ready for a MASSIVE push to the upside. I have an Alert for a RE-ENTRY at the 27.50 Range. By all means jump in when ready.
"Good things come to those who wait; but not to those who wait too late"
AMC vs. AMCWith how volatile AMC is right now, technicals aren't always in our favor. It's likely we will see one of two scenarios happen tomorrow.. Diamond hands & FOMO would be the reason we end up GREEN tomorrow. Paper hands & FUD would be the reason we end up RED. Pick your pick.
AMC has pulled back to 25.67 support line
Are we going to see a bounce at 25.67 or still a few more down before heading back up?
Major support estimates at 25.67, 24.60, 23.50, 22.40
Major resistance estimates at 26.75, 27.80, 28.90, 30.00
$AMC | Model Suggests Wild TargetsHello Traders,
As a purely speculative exercise on the accuracy of my model, I'd like to publish this idea.
The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the pressure point, the lower probability it has of attaining such levels and the higher the probability of a correction/reversal.
AMC upside target and support levelsHere are potential resistance (target) and support levels on AMC chart. Next upside targets 24, 25.70. For breakout to hold, close above 21.30 today would be better. Pullback up to 20.60 is okay. Trend line support at 18.75. Close below 18.75, more downside.
AMC BACK TO 20$?AMC's U.S. prospects heading into the Memorial Day weekend are also looking brighter, with domestic coronavirus cases falling and vaccinations rising.
AMC shares gained last Tuesday alongside other meme stocks as day traders renewed their bets on shares of companies they feel they can collectively move higher.
On May 13, AMC said it completed an offering of 43 million shares. The offering brought AMC $428 million of new capital, before commissions and fees, at an average price of $9.94 a share.
Looking at the oscillator you can see we are getting ready for a wild ride ..
AMC Target HarmonicI originally posted this Chart posted 5-25-2021 1:20 pm but for some reason it was private.. smh
So we have seen some good price action today.. and it is leading me to the conclusion of a price target (as shown on chart). This chart starts where the other one left off. We have our target box.. and should continue up. Once we meet this point we can take profits and relax. Some people who have seen the charts simply think we are day trading this. I have been holding since the first chart posted- a low of 12.00. However the charts are here to give people entry opportunity and a show of skill on how to measure targets and take profits. Everyone is not built for this, but if you been following the charts.. you are taking in money! :)
