AMC trade ideas
Amc Critical level here 16.13. This is now th 4th tap on this resiatnce. Each tap resulted in a drop back to lower uptrending support. Right now is around 12.65. If we do breakout this would be a large move up. Howver seeing we have been getting rejected here so often it might be a better probability of a shorting zone. Just keep in mind if we pop and hold above that could signal a big move up
GME AMC WE have a clear Breakout & Confirtmed ReversalGME AMC
We have a clear Breakout & Confirmed Reversal with both #AMC & #GME Breaking critical resistance lines.
We are now down to 9 days until Dividend split!
#AMC is breaking records daily with showings and GME just launched their NFT Marketplace!
This is Nothing short of EXCITING #MOASS
What did DJ Khaled say? ANOTHER ONE.This thing is primed to explode. Still adding more to my portfolio. I have been holding on for too long but the end is near!
The big news from CEOAdam is still being kept secret. Depending on the nature of the tweet, the price will most certainly react.
This is a long play, not a short term game.
AnalysisOn this action, we see that there is an intersection between the resistance line and the support line. In this case, the support line is more important than the resistance line and therefore we will have to keep an eye on it. However, we could have a high probability of a downtrend if the support line is forcefully broken along with the vwap indicator by a large candle and followed by large volume. On the other hand, we could also have a continuation of the uptrend if and only if the resistance line is broken forcefully also by a large candle and accompanied by a large volume. thank you.
AMC - Coiling again for a big move
Held the demand zone and ST trendline support nicely last week. +++
[*} Good accumulation volume ++
Holding above 60 VMA +++
3D MACD signal is green ++
Overhead supply around 16.5 (also coincides with the 600 DMA)
Takeaway: I like long position here or ideally, on the touch of 16.5 and pullback.
First target 23-25 (around 200 DMA)
'Honey, get the camera'Okay this basically will either be a bullflag -> breakout OR we will dip down to the trendline and bounce from there.
The CEO of the AMC tweeted out an encrypted tweet.
This is the tweet:
" I keep getting asked “Wen pounce?” Know this:
1. I always keep my word.
2. I’ve said publicly a pounce would not happen before Second Quarter 2022 earnings are announced.
3. Press release issued today that Q2 earnings to be announced on Thurs, August 4.
Read between those lines. "
- Adam Aron (@CEOAdam).
He is most likely going to release information on a special partnetship or other similiar kind of news, which will be positive for AMCs pricemovement.
Notice no2 in his tweet: NOT BEFORE EARNINGS ARE ANNOUNCED.
Notice no3: IMMIDIATELY ANNOUNCES EARNINGS (Thursday, August 4th)
And then he follows up with "read between those lines".
He is basically saying, that important news is going to be announced between NOW and August 4th that will hopefully send AMC to Uranus.
I personaly expect a red in the short term und very green in the longterm.
Amc Gearing up for a large move. Personally I’m seeing down but 13.30 and 14 $ huge resiatnce so those levels are to watch. And a loss of 12$ and close could drop us lower. GME trending from 78-148 on a large scale. Currently testing 100 ema and 21 ema which are getting ready to cross down. Either pushing it down fast or if enough momentum pushing it up. I’m on the bearish end as GMe is leader and doesn’t look ready to run in my veiw but these are risky and like to kill bears
AnalysisAs you see on the chart we have an intersection between the resistance line and the support line. So, if we have a breakout with force the resistance line and the vwap indicator with force by a big candle with a large volume it's mean that we will have a big probability of an uptrend. But if we have a breakout with force the vwap indicator and the support line by a big candle with a large volume it' mean that we will have a big probability of a downtrend. thanks.
I want to play a game. And it‘s called SHORTSQUEEZE.Things are getting pretty spicy. I still expect 20$ in the near future. We will either break 20$ and proceed further or another dump after touching the main trendline.
Amc is now part of the Russel1000 and more institution are filling up their bags.
Despite the squeezeplay many of us are in AMC, the company has become a serious investment even for the big bois.
I‘m still extremely bullish mid-long-term and I constantly add to my bag.
Expect either a break up to 16-20$ or a break down to the 8-10$ range. Either way, this will go up. Either now or later.
#SuakuFlowsWatchlist - 1/7/22#SuakuFlowsWatchlist
#LottoFriday 🎰
$AMC 14C > 13.85 | 12.5P < 12.91
$ATVI 79C > 78.11 | 77P < 77.19
$NIO 22.5C > 22.12 | 20.5P < 20.90
These are high risk 0DTEs so keep positions small 🚨
I won't be taking any lottos tonight but these are the picks I would have considered.