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Amcshort

AMC - The Next Moonshot? I stalk it.Beginning from the left, we see where price broke out, where many made and lost millions. From there on, price went down with huge up-swings in between. What's that orange inside pitchfork? This pitchfork gives us a kind of a Swing-Frequency. What does this mean? Well, it's nothing more then a measurement of this stocks swing volatility. Furthermore it combines time, by measure and projecting the slope. As we see, the slope is slightly pointing upwards. In short, these lines show where we have highly potential support & resistance.. And there is the yellow Channel, the boundary where price trades within. The Stochastic shows, where we have a hint for a potential move to the upside. We can combine this with the overall analysis and with price action. Lastly we have the red pressure-cooker line on the most right part of the chart. This pressure line indicates that price is really squeezed down, waiting for a pop through it. To me, a potential trade could be a breakout through the pressure-cooker line. The problem here is, that for now, nothing indicates that it will happen soon. Even the indicator is not fully oversold yet, so it could break above it's signal line. I'm waiting for a clear signal. Just something, that makes me scratching my head or catches my eyes attention. Observation Hat ON. #amcquickie
NYSE:AMCLong
by Tr8dingN3rd
AMC short to 30?I was certainly bullish for AMC to make another run for it on a break ~65 but as we see, that didn't last too long.... AMC has been trading in this rising wedge for awhile now and its bound to break out of it one way or another...I will be betting on the bearish way for this setup. I know all the apes might hate me for this but I see this as a huge money making opportunity! Make money both ways you gorilla... My ideal entry would be another bounce to 64.66 (78.6 fib) to load up on 7/16 50p! PT1: 56.14 PT2: 49.75 (gap) PT3: 31.81 (1D DEMAND)
NYSE:AMCShort
by stockmankam
14
AMC SHORT intraday fibonacci trading $AMC #nakedshortsIntraday trend likely UP We can take SELL positions at these fibo levels : N1: 59.65 N2: 64.73 N3: 72.94 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 (84.29) TP could be @ Fibo level 0 (51.54) 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
NYSE:AMCShort
by Hi3rophante
5