AMC trade ideas
Crop Circle Theory - AMCRoaring Kitty hinted at a crop circle. I have a theory that he was hinting at the algorithmic sequence of when things were about to explode. Not only will the sequence repeat from the last "sneeze" that it had but I believe that Roaring Kitty or whoever hinted at us the sequence.
Yes everything is algorithmically programed. You should by now know that Level 2's and MACD's are useless. These are not organic buying or selling. These are computers trading against each other. Algorithms designed by for example BLACKROCK who have the mathematic sequencing for this.
This news should not be new to anyone anymore.
However, i was one of the very few people who was laughed at for preaching about the correlation between the crypto market and the NASDAQ wayy before anyone. I made my fortune during those years (pre-covid and post) I did my best to inform everyone on it on Stocktwits. It was only a matter of time where people started paying attention who i was. But not only did the community start paying attention, so did Stocktwits. Then banned me. Looked for any excuse to find their way to permanently ban me and keep retailers oblivious to what i was journaling and preaching. That app is now dead. Filled with bots only to keep their app alive.
Fast forward, Blockchain Backer was created. I found my people. Finally, someone who saw what i was seeing. I am happy he blew up. He deserves every ounce of attention. He is helping people become aware of this.
Rocky, i know you are watching.
Are you listening now?
AMC: Unveiling a 400% Surge – From Correction to SkyrocketingAt Vital Direction, we’re observing a fascinating setup with AMC Entertainment Holdings (AMC). After establishing what we see as a crucial bottom around the $2.40 mark, AMC staged a remarkable rally to roughly $12, sparking considerable interest among investors. Since reaching this peak, the stock has entered a challenging corrective phase, which we interpret as part of a complex WXY corrective pattern.
In our analysis, the corrective phase’s X wave forms a triangle, containing a detailed ABCDE structure. Within the triangle, we’ve identified an additional layer: the E wave itself unfolds into another ABCDE triangle, reinforcing the complexity of the pattern. We believe these triangles have completed, and the final Y wave concluded around $4.03. Given this setup, the stage may be set for a robust upward move.
From a technical perspective, we anticipate a powerful rally that could break through the $12 level, potentially reaching $20 or higher. This bullish outlook aligns with Elliott Wave principles, indicating that after complex corrections, impulsive waves often follow, driving prices upward. However, if the price retraces and touches the $4.03 level again, the likelihood of further downside increases, rendering our current bullish analysis invalid for now.
As always, we advise caution and a structured approach to any entry points, supported by sound technical analysis.
GME Breakout ETA 15 trading daysBased on DD going back to the last squeeze, when compared side by side with AMC/VIX we appear to be right on schedule. The vertical lines represent the lows and highs on RSI going through this pattern/cycle of events with a side by side comparison for visual reference W/ AMC of 2021. If we continue on mirroring the sequence of events that began the 2021 squeeze, we are apx 15 trading days away from MOASS.
My strategy is to ride these calls to past resistance levels (23/24/25/30) until we see the pull back, sell the top, buy again at support, then ride these puppy's into MOASS.
I wish you all good luck, NFA.
pretty straight forward.
APE OUT