AMC trade ideas
AMC Bottom $ we going to visit an critical level for AMC which is our bottom price level above the 4.70$, where we should see a reversal , and huge buying pressure to test the our current resistant around the 5.90$.
Amc Haven’t checked the chart in a while. Personally I’m looking at 5.40 as a weekly support based off previous price action range. This could be a great long postion start up area. Really in this 5.40/5.66 range depending on your risk tolerance. Could still be a falling knife buy but that is a good zone from historical support range. Just my thoughts ideas and perspective. I have a few buys set in. Started a nibble at 5.76. Got a bid at 5.61 and 5.42. Good luck.
$AMC: Long Target 24.64$⚡Inverse Head & Shoulders Pattern forming?
⚡Neckline resistance 13.5$ Supported by Ichimoku Cloud resistance
⚡Bearish Divergence on the MFI, watch for a bounce at the 5.85$ area (huge liquidity zone)
⚡To confirm the Inverse Head & Shoulders Pattern a break of EMA 1 resistance is needed (8.6$ along with EMA 2 resistance, 10$)
⚡Strong VPVR resistance to the 12$ level
⚡Target of the Inverted Head & Shoulders i 24.64$ measured from the head to the top of the neckline
⚡Confirmation of this pattern is once the Ichimoku Cloud is broken forming a right shoulder (engulfing volume)
*WARNING* This thread is not financial advice. I am not a financial advisor.
Analysis- Big probability of a DowntrendHi..As you see on the chart we will have a hight probability of a downtrend. But if the vwap indicator and the resistance line are broken it's mean that we will have a reversal trend.Thanks.
AMC AnalysisPrice is playing out as analyzed last week. I'm expecting price to go lower to take the lows at 5.96 after mitigating the current POI at 6.59, no changes to my previous expectations.
AMC downtrend H&S?Odd place for a H&S, but as far as the structure of the pattern its pretty textbook with a retest. The position of it is a little unusual to me.
Let me know what you think, and if you've ran into a H&S positioned this way.
AnalysisAs you see on the chart we will have a big probability of a continuity of a downtrend after the breakout with force the vwap indicator and the support. In other hand, we will have a reversal trend if the resistance line is broken with force by a big green candle with a large volume.Thanks.
AMC: Range trading! What if it breaks this congestion?• Since our last analysis, AMC has been just doing some range trading, trading above our support at $6.80, but below the 21 ema (the link to my last analysis is below this post);
• It seems we have another resistance to work with, the $7.89 (Sep 07 low, yesterday’s high). Along with the 21 ema, this creates a dual-resistance price area;
• AMC will only engage in a bullish momentum if it breaks this dual-resistance area, as long as it trades below it, nothing new will happen;
• In addition, the $6.80 is still our main support, and only if AMC loses it (and close below this point), we’ll see the continuation of the bearish sentiment, and the next target would be the $5.96;
• Either way, AMC looks interesting, but it must do a breakout from this congestion first;
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
Analysis-Big probability of a downtrendHello everybody! How are you ? Good i hope! God bless!... Today on AMC as you see on the chart we will have a big probability of a downtrend.
Reminder: When we are in an uptrend and we see a candle with a long wick and also with a relatively small body accompanied by a large volume it means that we will have a high probability of having a downtrend. Sellers are trying to repel buyers.Thanks.
$AMC: Breakout?- VWAP Broken with engulfing volume.
- EMA resistance at 8,3$ (Daily close above = bull)
- EMA Resistance at 9.1$ (Daily close above = bull)
If 8.3$ gets rejected lower targets could occur.
*WARNING* This thread is not financial advice. I am not a financial advisor.
AMC: Above its support level again!• AMC looks quite resilient since our last analysis on it;
• Although it did a bottom sign last week, AMC couldn’t trigger the reversal pattern. However, the support level we mentioned at $6.80 is still working, as at any moment AMC closed a candlestick under this line;
• Since it is retesting this support for the second time, this could be a Double Bottom chart pattern;
• Either way, AMC must break the $7.89 in order to truly reverse, as this will frustrate the previous H&S chart pattern, and the target would be the previous top at the second shoulder, around $10.74;
• If AMC loses its support at $6.80 again, then it’ll probably seek the next support levels (red lines);
• Would be good to see the volume increasing to confirm any bullish reversal;
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
Analysis-Big probability of an uptrendHello! On AMC as you see on the chart we will have a big probability of an uptrend after the breakout with force the resistance line by a big green candle with a large volume. In other hand we will have a continuity of a downtrend after the breakout of the vwap indicator and the support line. Thanks.
AMC AnalysisPrice is playing out as analyzed last week. price almost touched the bullish POI at 6.59 and has reacted slightly. My expectations are unchanged which is to take the lows at 5.96.
ABCD Fibonacci Fan PatternI am measuring ABCDE but the B point is where there is a bullish divergence. In each instance, the B point marks the end of a falling trendline and a reversal occurs. C marks the first tap after divergence and is the second tap of the upper trendline from the prior run.
What is interesting is that a wedge forms on the C - D line. I will be watching to see if this breaks into a slow uptrend over the next week.
Further validation of this theory is that volume does not increase until a few weeks after this D-point breakout. Everything leading up to D-point is dried-out volume.
Time is telling‚You only have to be right once‘ - Mark Cuban
With that being said, enjoy your weekends!
AMC AnalysisFor my last analysis, I was expecting price to go lower without taking the highs at 9.64. Price broke market structure to the upside before heading lower as per my last analysis. Right now, price is playing out according to my last analysis with the target of this down move to be the bullish POI at 6.59. My expectations are unchanged and the extended potential target for this down move is the lows at 5.96.
AMC: A bottom sign! What to expect next?• AMC is still in a bear trend, and there is no reversal sign yet. However, there is a bottom sign on it today, just above a support level (black line at $6.80);
• Today’s candlestick pattern is a Bullish Harami, so far, and although it is not the most reliable bottom sign, it appeared in an important support level;
• This could make AMC bounce back up to its 21 ema again, but remember, this is not a reversal sign yet, just a temporary bottom sign;
• If AMC breaks its 21 ema or does a bullish reversal structure in the next few days, then we can talk about a reversal, but for now, let’s just ´pay attention to the Harami pattern;
• In addition, if AMC frustrates this bottom sign, it’ll just seek its next support levels, like the red line at $6.34 - $5.96;
• It all depends on how AMC will react from here.
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
If you know, you know.This one is for the doubters.
A squeeze is not THE squeeze. You all know how a margin call and the liquidation works. When there are only 3 shares available and the price is set at 400.000.000$, it's bought. Another 12 at 500.000.000$? Bought. And this goes on.
No way we are going to reach that type of price level but that's the theory. Retail has been on the hunt for HF positions.
The same game the big boys were playing is now reversed in a uno-rerverse-card manner.
And even if the pricetargets were in the 60s and 70s and not in the 100s, it's still entertaining nonetheless.
CEO ANNOUCED DILLUTION OF APE (preferred equity) WHICH HAS BEEN POSITIVE FOR THE PRICE ACTION IN THE PAST.
Bias in my analysis. For entertainment purposes only. As tradingview already states, this is not financial advice.
AMC Failed To Trend-ReverseI'm using the VWAP & the MA200 on this one. I'm waiting for the price to change its trend. Today was another attempt to break out of the downwards movement, but the current market situation (GBP being on pair with EUR & USD) puts further pressure on the price.
Waiting for a lower entry, as is still see great potential in meme stocks - as soon as the momentum kicks in.
Analysis-reversal trendWe have here a bearish channel as you see on the chart and also we are in a downtrend. We will have a continuity of a downtrend if we have the breakout of the support line by a big red candle with a large volume. But we will have a big probability of a reversal trend if we have the breakout with force the vwap indicator and the resistance line by a big green candle with a large volume. Thanks..!
