$AMC Cup 4hr heading into ERA nice cup forming here on the NYSE:AMC 4hr chart, ER this Friday. I'll be watching for a handle to form heading into ER.
AMC trade ideas
Tik TokHere is where I believe we are in the algo, not much time left Kenny. I am curious to see what the narratives are to move this thing though, hopefully we don't skip the squeeze like we did from orange to purple.
Good luck to all!
Y_P
AMC BIG MOVES COMINGThis chart provides a view at the possible 100% run-up followed by the some 80-90% crash. If it gaps up tomorrow, it probably hits HKEX:10 within a few days, if it decides to drop, I'd definitely buy if it bounces 4.03.
I think the big money on this play is going to be the short position after it tops.
AMC, shifting trend on weekly. Reversal up next.AMC just broke out of the weekly down trendline suggesting a clear shift on price.
It has been consolidating for quite a bit at the 4.0 level -- which has been proven to be a major, strong order block support.
Accumulation has been detected at 4.0 to 5.0 levels this past couple of weeks, and a creation of higher lows has been generated.
Expect reversal to the upside from here on.
Spotted at 5.20.
TAYOR
$AMC - is forming a baseNYSE:AMC is forming a base. Looks like every time it hit $3.82 it bounce up after a couple days. $5.46 is midway resistance. Overhead resistance is at $8.42. 200 DMA at $7.13.
AMC AnalysisPrice playing nicely as analyzed last week with price respecting the bullish POI. Price has now broken market structure to the upside. I'm expecting price to make a bearish retracement into the fair value gap at 4.31 before a continuation to the upside.
AMC has enormous upside. Target $18.00.AMC Entertainment Holdings (AMC) is testing its 1D MA50 (blue trend-line) today, on a potential completion of an Inverse Head and Shoulders (IH&S) pattern. The long-term pattern is a Channel Down, but the closer it gets to the 0.786 Fibonacci level, the closer to its exhaustion is, being almost a 2 year pattern. Our target is the 2.0 Fib extension of the IH&S at $18.00, which happens to be on the 0.236 Fib of the January 2021 Triple Bottom.
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AMC in a Bullish Descending WedgeNYSE:AMC From what I can see is that if you can get a Buy around HKEX:4 an expected breakout should move it back up to $5.5 for a potential gain of 37.5% within the next 4- 6 weeks. The CMF is rising nicely meaning it's currently under accumulation and it has been trending well below the 200 day MA for quite some time. Perhaps their financials may be improving as they could be riding a new seasonal change where people just want to get out more after a long cold winter. The trading range within the wedge has been tested a few times and looks like there's only another 10 days before a bullish move should take place, if not sooner.
AMC earnings lotto AMC has broken a lot of downside pressure. The breakout yesterday respected levels and aligned with price action and the technicals. From the technicals I believe the short squeeze and push price above $10 if there is no manipulative news releasing.
Is AMC Still an Opportunity?Opportunities are everywhere in the markets. Sometime they exist in the least expected places. The AMC rage is over, right? Well is it? AMC at or below $4 presents an opportunity requiring price to move up to 100% to return to recent highs. Add this to your watch list or review with your financial planner. Does this fit your risk profile?
Wyckoff in a canA little clearer version of the insanely obvious Wyckoff accumulation pattern AMC is going through currently. Looking for $2.30-$3.30 to be the spring.
Wyckoff accumulationI hate when people point out Wyckoff patterns but this one is pretty obvious. Hopefully I am wrong with breaking the January low.
AMC can bounce from here💛🚀scenario 1: push to 6 dollar area/trend resistance area, scenario 2: push from here and trend breaks then we go to 9.8-11.4-14.6 then the moon 🚀 also notice how it perfectly bounce from trend support recently.. not a bad sign!
boost and follow if your part of the ape army! 🙈🐒
AMC: Sell ideaSell idea on AMC as you see on the chart because we have the breakout with force the vwap and the support line.Thanks!
I think I've found a way to articulate it.Zoom in, read the labels. Will alllll make sense. 1 Day Chart shows it best. Red Vertical Line is April 27th.
Not enough Karma on Reddit to post, so feel free - though I am sure it'll get some major hate.
Soon Apes, Soon!
Y_P
AMC Next Breakout $we had a good pump the last few days , now we inside a consolidation area between (5.50$/4.66$), once we break our current resistant at the 5.50$, we going to witness another pump towards the 6$ and the 6.70$.
on the other hand if we broke our support around the 4.66$, it's mean the short will drop the price to new low this year just above the 3.26$ first then to the bottom price for this year at the 1.26$.
Yikes...June is around the corner so hold tightBlue print for upcoming short squeeze...will resume in an around the month of June....watch for sentiment and volume increase
AMC AnalysisPrice did not play as analyzed last week. Price rallied from the bullish POI while leaving sell-side liquidity behind. Price is still respecting the current bearish POI and I'm expecting a bearish retracement back down, and potentially following the bearish order flow into the lows at 3.23.
AMC Algo Tracking ContinuedSorry for not updating recently, needed yesterday's move to verify we are on the same track. Appears so. Remember that the pattern is distorted towards the rear due to the speeding up/slowing down of the algo. The more you study, the more you notice mirror and reverse fractals. Feel free to go back to my older posts if you need context.
There is a secondary position I'm keeping my eye on, but keeping that one to myself for now...
Enjoy!
Y_P
AMC To end March just shy of $6Looking at the rising tops & bottoms, and also seeing the news of Amazon considering buying AMC (again) as well as the most recent $3MM buy, somebody knows something and is willing to put some money on it. I'll help sell them their calls as high up as they're willing to go.
MacD is overextended, and the end of the week is quickly approaching. There's also a historical level of resistance against the 5.50 line, which tends to make it hard to get past.
AMC Stock Chart Fibonacci Analysis 032723 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 4.5/61.80%
AMC - Back to $6Hello everyone,
AMC has seen quite the beating over the last few weeks.
With GME's great earnings, this could quite easily pump AMC back higher to the resistance of the triangle.
Good luck to everyone!
