Summary -Reversal Trend-downtrendAs you see on the chart we have a breakout with force the vwap indicator and the resistance line by a big red candle with a large volume.Thanks.
AMC trade ideas
Summary on AMCHello! As you see on the chart buyers are broken the resistance line and the vwap indicator.Thanks.
Inverted Hammer on the Monthly CandleThis is the endgame, ladies and gentlemen. This will probably be the last time I post on AMC. If the cycle plays out inverse, starting on monday the 29th, we would see a retest at around 6$, which prior to the split would have been at around 10$.
We either move up now or after the retest of 6$ which I believe to be unlikely.
In my honest opinion, I would suggest us to be in the last stages before we finally to up for good.
See you all on the moon. Stay zen.
AnalysisAs you see on the chart we will have a big probability of an uptrend after the breakout with force the vwap indicator by a big green candle with a large volume.Thanks...
Fake Out BottomWell, the breakout to the downside is not good. Maybe this has to do with the new ETF's?
I will be watching closely at the RSI and OBV over the next week as the saving grace is they don't seem to match the move to the downside.
Daily Candles on AMCDon't shoot the messenger. I am not a professional.
I think you are going to see a breakdown of AMC to about $6.15. The last three candles on the chart is a bearish formation, it recently broke its trendline and there is no buying volume. It is at a heavy resistance at around $9.70.
There is also the subject of parity with APE. Where the 2 prices meet in the middle and trade together. APE is very low right now and if there is a parity it would most likely be in the $6.50 range.
All opinions are welcome!
amc bounce memes look ready!amc creeping into demand zone looking to pick up equity in the demand zone around 9$ let me know your thoughts in comments leave a like and follow please! and check BIO
DowntrendAs you on the chart we have a breakout with force the support line and the vwap by a big red candle with a large volume. Downtrend.
AnlysisHello everybody!!! How are you? Good i hope! God bless!! Today as you can see on the graph we are in an uptrend and we are not going against this trend. In addition, we have a spring effect on the support line. This means that we have a very high probability that the market will continue to rise with strength especially if we also have the break of the resistance line by a large green candle and followed by a large green volume. But, it is advisable for us to be vigilant because there can also be a reversal of the trend if and only if the vwap indicator as well as the support line are forcefully broken by a large red candle and accompanied by a large red volume. Thank you for your attention.
AMC B breakout $ we need to hold above our ascending line and above the 9$+, to confirm the bullish momentum and break the 10$+ level , in order to get 2 profit taking , around the 11.17$, and the 12.90$+.
if we broke this ascending line below the 9$, we going to see a huge short momentum to take us to the 7.70$, and the bottom of this year if we didn't hold that support is the 5.50$+.
Possible AMC BottomWhat I've done is adjust the upper trendline and illustrate the gap down. There was a prior golden long-term demand zone which has been copied down to this adjusted technical analysis.
It looks like there is a rejection off the prior upper trendline that extends back to the gamma squeeze last year. Because the RSI is largely oversold and the OBV is bottoming out, we may see some uptrend here in the short term. But importantly, this bounce is going to illustrate if we will see bullish consolidation or not.
Combined value of AMC+APE daily candlesIf AMC = APE then why not chart them together? Is this a Cup and Handle?
MERRY MOASSFractals are color coordinated, seems to be in a significant point in time regardless of the -13% day we had today.
This is my last AMC post. Power To The Players.
resistance = support❔ bullish if we bounce here! ☘bounce from previous trend and pivot area will be a good sign for bulls, I expect parabolic bounce to 16.93-32.93-100+ 🚀
lets go my fellow apes! to the moon
V shape recovery for amc ape's win lizards looseUsing the Log we can see the V shape recovery... we got a little taste of what the future holds. i agree with all the wrinkle brains, smooth brains, tin foil peeps, and company management. these guys tried to sink this stock and retail was not having it. in life you find a movement and get behind it, like bitcoin amc has a culture that will not allow it to go away. it will be here for many years to come, add this to your roth, triple digit price i see. NFA. peace, one day major spike up.
Big probability of an uptrendHello! As you see on the chart we have the breakout of the resistance line and the vwap indicator. So, it's mean that we will have a big probability of an uptrend. But, we can have also a continuation of the downtrend if we have the breakout of the support line. Thanks.
AMC Flat Bottom Triangle PatternNYSE:AMC
AMC since the parabolic move May- June 2021
has been in a flat bottom triangle pattern with "touches"
on both the support trendline and the upper resistance trendline.
In the past several trading days, with the volatility of the APE special class dividend stock,
AMC has gone up to the upper line and now is now again at the $10 range.
The MACD and Relative Strength are weak. This is consistent with buying weakness
and low then selling above that.
While waiting for a true breakout of the triangle, I see a long swing setup
as buying the bottom at $10 and observing for a rise to the upper trendline
with a target of $19. I will set a stop loss below the triangle at $9.50
This would offer a reward on risk of 19X. I well realize that market
catalysts can trump the pattern anytime and assume that risk.
Go Apes !
AMC with AMC+APE shows cup and handle?First attempt to stack AMC+APE and compare to AMC pre-dividend split...
AMC AnalysisPrice played out beautifully as analyzed last week, giving us a 60% drop in price since I last posted. Price left a massive gap at 13.05 and I'm expecting a bullish retracement back up before we can see a continuation to the downside.
AMC & GMEAMC & GME split frame 1 day charts with MTTC2.0 beta, pi RSI, Fibonacci VIP, ATRxxlBeta, Fibonacci MA7, Volume & PivotsHL indicator levels:
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
13/48 CrossoverThis is a Technical indicator used to identify the up or down crossover point of the 13 and 48 EMA.
AnalysisHello everybody! We are in a downtrend from August 16, 2022 to August 23, 2022. We see the vwap is red from that time to the present day.
However, we might have an uptrend if the vwap is forcefully broken by a large green candle and followed by large green volume.Thanks for your attention.
