AMC LONG from 56.00$ now or never to 274.00$ :)AMC now or never.
LONG from 56.00
STOP at 50.00
TAKE 275.00
Amcstock
AMC's Bullish Pennant Breakout ScenarioAMC has been consolidating for more than 3 weeks now.. we've found major support at the $50 level and continue to ride the waves. It is only a matter of time before this pennant breaks out. This isn't over just yet, we are priming up for something big very very soon.. and it always happen when we least expect it.
AMC TRADE IDEA 06/23/2021NYSE:AMC
As per closing data on 06/22 it shows AMC on the move and it will see a good volume on 06/23 and can break long-standing resistance of $64.50 today.
AMC TRADE IDEA 06/22/2021NYSE:AMC
- If Pre-Market opens lower there will be $51.91 to $49.59 Will be Support Levels.
- If the Pre-market opens Higher there will be 3 resistance levels at $58.74 - $60.51 - $64.51.
For any kind of High Volume breakout or further upside move, AMC must cross and close above $64.51.
The current volatility and volume as well as FOMO Buying dying at a very fast pace on AMC, there could be multiple factors, that since last 2 weeks price is mostly range bound and with a selling pressure AMC new buyers losing patience as well as new investors still in doubt and don't want to lose in case of fast lower side move. If AMC needs volume, it must be above $64.51 so new FOMO buyers and an institutional and technical trader volume can be pumped in after this Level.
AMC - LIQUIDITY RESTING ABOVE, STRONG MOVE POTENTIAL! 🦍🌕Technical Overview: -
ORIGINAL LONG POSITION:
Stay strong apes!
Use our analysis as a sentiment
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Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
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AMC showing weaknessChart posted 6-16-21 approx 9:40am CT
Im back- took a vacation to Vegas. Getting back to business. Just noticing some price action on AMC. AMC has shown some classic bearish price action creating already 2 bearish sharks. The fortunate part is the first pattern played out well on buyer volatility and really did not reveal the bearish action. Now, it appears we have a longer more defined pattern forming and price action is appearing to get weaker. If price goes below 53.00 I think we will begin to see buyer confidence weaken. If we go over 63 then buyer confidence will have re-established for short term.
I do not think price goes over 58 at most. We shall see, but I think this is the beginning of sell off. Coul dbe slow vs violent- but note the downward channel as a guide. It reminds me of the TESLA chart I made back in March (attached below) which has played out nicely on bearish action. Compare the 2 charts and see what it means for you. CHEERS!
$AMC IS LOOKING STRONG! THIS WILL BE HISTORICALTHEY CANNOT STOP US! THE DRAG THE PRICE DOWN, WE HODL AND BUY THE DIP. THE END IS COMING AND THEY HAVEN'T EVEN COVERED YET LOL. CONGRATS TO ALL MY APES WORLDWIDE! WE ARE GOING TO MAKE HISTORY!
AMC Technical Analysis UpdateAs always, AMC looks very bullish to me. Been holding since $8. I'm interested to see if the pitchfork pattern will continue.
AMC - THE SQUEEZE IS INEVITABLE DONT BE FOOLED BY "THE NUMBERS" .. THE PRICE IS BEING SUPRESSED ITS AN ILLUSION.. JUST DO THE DD AND YOU SHALL SEE WHATS COMING AND WHERE WE ARE HEADED. DIAMOND HANDS CREATE MILLIONAIRES.. HODL ON APES WE ARE WINNING!!
We're "Dumb Money", so why are we up 2,200%? 🧐💰Every time I hear "Fundamentals" being thrown around on Citadel-owned main stream media and news articles, I have to laugh. I buy another share. I get APEISH. 🦍🌕 This is simple supply and demand. As we see here, the ape gang is diamond-balling it to 60, a well-known resistance and we're about to smash through! If you check there is strong consolidation between 57 and 60, which is good for us. I smell a gamma squeeze comin' (how do we know? Look at the options chain and check the IV for how ppl feel about the stonk, demand is going 🆙).
I like the stock the more I run into other apes. What we're experiencing is the market discovering new price action like a free market should. Other growth stocks have been so removed from fundamentals for a long time. And yet on the news its used to villify the retail trader. What a JOKE. LOL
AMC Bullish Pennant Still Holding - Monday 4/5ths BreakoutThe damages are done, we are just playing the waiting game. The longer they drag this on the higher our chances of a margin call go, due to the increasing risk liability.
Low volume before the storm. Apes holding the float and price at $40.
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 Update [6-9-21] - Consolidation but still Bullish LookAlthough AMC has been consolidating that past week and this week, it is still looking bullish on the upper portion of this value Buy area. It's floor keeps getting higher. Currently, it's sitting right on the 200 Day Moving Average. It will be interesting to see if it breaks below it or makes a move UP from here.
When In Doubt.. Zoom Out!!We are nearing consolidation.. this flag is near complete, will it break upwards? I sure hope so. Many catalyst coming out tomorrow that just might trigger a gamma squeeze. LETS GO!
AMC Update [6-7-21] - Ascending Triangle / Bullish LookAMC looking bullish after forming an Ascending Triangle today. Sitting on top of the key buy area in the red box. Also rising from the bottom of the trend channel. Looks like it's primed for another push up once it breaks out of this ascending triangle.
AMC Bull Flag 15min chart We are holding pretty strong in the mid $50, perfectly holding inside the bull flag. Let me know what you guys think.
Bull PennantThis is a bullish continuation pattern very clearly completing on the chart.
a.c-dn.net
Not sure how the flagpole portion would be measured here, but with highly-manipulated stocks like this it might not be relevant.
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.
