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Moass

Break above 8 month resistanceThis Green trend line has been AMC's resistance since the May run-up of last year. Right now, the price action is bouncing between it and the Red support line. With the 4th anniversary of the first sneeze coming up, the BOJ rumored to increase interest rates to the highest level in 17 years on Friday morning, and the first FOMC meeting of the year and new Presidency being next Wednesday, I think the perfect storm is brewing for hedge funds to have to close their short positions. If we close the week above 3.50/above the green resistance line, I am expecting volatility to the upside. Also important to remember that at 5.66, AMC can clear $400M worth of debt, which would bring the company closer to $3.5B. Compared to the high of $5.88B in debt it had at the end of September 2020, that is great progress. Let's see what happens in the next couple days/week.
NYSE:AMCLong
by BakedSpud32
8
MOASS: WC: 32.20 Target: 1800-2400 MOASS: 47k-100KTLDR: 35-40 Region is next Significant retracement will follow that will take us back down to 28-30ish VWAPS and VPOCs will ultimately provide support 100% move coming in Jan Emoji timeline is legit IMHO The Cat is signaling to Inauguration and End of April FIb TIme Axis agrees with suspected emoji timeline Swaps are a big component of the short play Swaps will AGAIN be used to resolve MOASS and this will play out AGAIN in 3-4 years
NYSE:GMELong
by Heartbeat_Trading
23
MOASS: WC: 27.99 Target: 1800-2400 MOASS: 47k-100KTLDR: BOOM!!! Volume Point of Control (VPOC) is critical to watch as well VPOC tracks the major waves in the wave cycle and will sit between major waves VPOC and where it sits in relation to price, like VWAP, helps us track the progression of waves Next move will take us to the 35-40 region Price will then retrace back to the 28 region which is where we will see an EXPLOSION IN PRICE That move back to 28 will be your last time, maybe ever, to get GME at anything near these levels The next move after the retracement to 28 takes us to 70 After 70 comes CHEERS EVERYBODY!!!
NYSE:GMELong
by Heartbeat_Trading
28
MOASS: WC: 29.06 Target: 1800-2400 MOASS: 47k-100KTLDR: -RK Emoji timeline and latest tweets align with our consistent prediction that Jan would see explosive price movement -Elliott Wave is our guide -500 area is the next major target area on the way to 1800-2400 -Protect your investment at all costs! -35-40 area is significant and after we reach it we will see a retracement to the 30ish area and then we should head to 75 -That move to 75 is your first clue that 100K is very possible
NYSE:GMELong
by Heartbeat_Trading
33
MOASS: WC: 26.59 Target: 1800-2400 MOASS: 47k-100KTLDR: -Technical Analysis works -Trading on hoping and holding will most likely cause you to lose a lot of money -Reddit/Social Media and the whole "TA doesnt work on GME" is a problem for the GME community and most of the of people who think like that are not going to make near what they could if they actually understood TA -Nothing special about the 28 level other than it coincides with the VWAP off the April runup -MOASS has been ongoing since 2020 and never stopped -WE CARE AND WANT YOU TO BE SUCCESSFUL -THE GME STORY AND COMMUNITY IS SPECIAL
NYSE:GMELong
by Heartbeat_Trading
22
MOASS: WC: 24.88 Target: 1800-2400 MOASS: 47k-100KTLDR -Margin Call -VWAPS used to control risk -VWAP Bands measure standard deviations from the VWAP -Pushing thru the bands takes volume and momentum -Fibs are targets -Fib pairs act as support and resistance -Smaller MOASS box and corresponding fib extensions show really good targets that traders can use to protect their investment -Sentiment drives price and we don't care about fundamentals Note: WC in title = weekly close.
NYSE:GMELong
by Heartbeat_Trading
19
MOASS: BOOM!TLDR of video: -MOASS is happening now -Elliott Wave Idealized Target: 100K -Ideal Target for your average retail investor: 1800 - 2400 -Psychologically, Wave 3, which we are in, is the most intense -VWAP is your guide as price will stay above identified VWAP and will only touch it again once MOASS is over -Fibs are your guide as well Expect price to begin running next week folks We will break above identified VWAPS and that will be the surefire signal that MOASS has lifted off for the last time SEE YOU AT THE TOP!!!
NYSE:GMELong
by Heartbeat_Trading
41