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Moass

AMC Wed Update: RetraceSo yesterday we saw a close breakout on the Technical Analysis. Unfortunately did not play to plan. What I do believe though is that we could see a bounce off of the 41.98 resistance line OR the Neckline to the M pattern seen on Monday (Blue Dotted line). With the direction going lower, let's remember that we are more than likely re tracing to a previous resistance forming a new higher low and to continue. Not entirely DOWN trending to new lower numbers. I believe we haven't changed directions and are still retracing. But, based off the T.A., does anyone else think we are near the bottom of the retracement, or Consolidating in a range (If we were to I'd say consolidation in the range of 48.12 and 41.98) Retracements are very important and if seen and understood properly, They can be a great buy signal at the bottom of the retrace as-well. Wheres the bottom? MACD My Thoughts are a bottom near the 41.98 and a green week next week. Happy Trading everyone and remember... don't sell w/ Hedge funds!! The shares you sell ARE the shares they use to short. The less shares they have the better it is for us! Side Note: I don't want to hype anyone up, but I truly think we could see the squeeze starting this new beautiful month of September.
NYSE:AMCLong
by GreenDayTrade
6
AMC Pattern Update for the week and maybe even nextQuick little update for this week. Wednesday morning should be good. In the case we don't go back down to the downside. We should see a re-test of 46.88 and a bounce to the upside off that. In the case we do go below the resistance (46.88) to the downside, The bottom to that trend should be in the range of 46.08 to 45.31. IF we drop below resistance, what I believe we could see happening is a lot of volatility and consolidation for the week and into the next week as-well. Side Note: Im still very bullish for the week and even next week but once we hit price targets referenced in my first AMC post linked below. We will see red days in a reteracement towards previous resistances which will be posted here once we get there. We are doing absolutely amazing everyone. Happy trading and remember, don't sell w/ the Hedge funds!!! Edit: The green dotted line is the resistance at 46.88. Referenced because that's the re-test line mentioned above.
NYSE:AMCLong
by GreenDayTrade
MOASS has just started. GMEThe mother of all short squeezes has just started and we think it will lead to a wave of liquidations, obliteration and bankruptcies of tradfi. We need to see the inefficient go before the new age can come into the foray. It looks like the short squeeze is ready to start from here it can happen before or after the crypto pump. BULL CASE Price goes to test the all time high after a short retest of 180. BEAR CASE Market makers tries to liquidate some more longs near the 120 level before the short squeeze begins.
NYSE:GMELong
by IkanBilisCapital
3
AMC - [BEARISH]- Death Cross!For anyone who is unsure what is going on with AMC, I created this chart to help people better get a grasp on it. AMC is currently in the phase following a Death Cross [50 Day MA crosses below 200 Day MA) and where Volume has depleted. So it is currently dead in the waters. Until Volume starts picking up and we get a Golden Cross , there's not much to see here. However, if we get a Golden Cross and we see a Volume spike again, then it's time to start paying attention again. Until then, look elsewhere. Nothing to see here.
CAPITALCOM:AMC
by TraderFromTheNorth
1
Possibilities for a strong move upwardIn the image above there are some strong trendlines that pass through the yellow rectangle. Two are particularly strong, and two not quite as strong. The downward trendline cuts through the other three, and I believe one of those will be where we see a drastic upward movement. Why? It's a uhnch, really, but I believe that this is a heavily manipulated stock so otherwise recognizable patterns might be distorted. I don't think we'll see a significant upward move above the downward trendline until the price action establishes itself along one of the upward ones. It's essentially a wedge, but with lots of downward pressure from synthetic positions. That, of course, can only last so long. It may take until the last week of August, but I see it happening before then. The completion of this loosely shares the same timeline as my prior post about e-minis. I see emini's upward climb failing in mid Aug.
NYSE:AMCLong
by Incogniteaux
Tuesday is the day? - Looks like a new breakout is immanent. Very promising to see a green day after moving to the Russell 1000, normally stocks drop as has been repeatedly by MSM for the past 2-3 weeks. Large violation of the June 10th downtrend, closed lower but tomorrow it opens above the downtrend. A further sign of a large uptrend is a sustained push over 230 and especially a close over 230. Russell monitoring's EFT's starting to load up before July 14th NFT? Good luck and hang in there.
NYSE:GMELong
by testmuffin13
GME; Zone SkipGME is currently trying to complete it's cupular formation to once that completes the price targets are pretty high according to my previous "GME; wishful thinking" idea. but first.. we gotta escape this upper zone. per the last time we breached the top of this zone in march, GME attempted a zone skip. Simply imagine a zone of the same exact size right above this one and that is what GME tried to jump over. In fact, GME tried jumping -4 zones in Jan. -3 zones from late Feb. - early March -and now is POSSIBLY another. If not, there'll prolly be some retracement to sub 180, then a handle will form and up we go. If you look back you can see each attempt is granted a bit more time. In this way, it becomes a more stable move and is able to continue higher. Right now, GME has some heavy goals to achieve while still being healthy so it may be as quick. Just a reminder; this is all for knowledge and a new perspective rather than trading. Sometimes seeing other's ideas can spark one in you. So go out there, chart away, and as always let's see what happens!
NYSE:GMELong
by Vophie