AMC - Rejected at 200 SMAAMC - Rejected at 200 SMA. I expect short term retraction to 50 EMA and second push towards 200 SMA, if it breaks 200 SMA, high chances reaching top of the channel.
1AMC trade ideas
AMC Entertainment Faces Steep Drop Below $10Without securing price action above $60 during the pending upside swing, AMC faces a very steep drop below $10, more likely to find support near $5. Considering the trending upside move and its 3 wave structure, this eliminates the possibility of AMC being in true impulsive form.
AMC: We nailed the BOTTOM! What to expect next on it?• Last week, we nailed the bottom level on AMC, and it exploded since then, as it broke our resistance at the blue area – the link to my previous public analysis on AMC is below this post, as usual;
• Now, AMC is in a short/mid-term bull trend, doing higher highs/lows in the 1h/D charts;
• Since it is a bull trend, in theory, it is heading to the next resistance at $10.75, as we already mentioned last week (last week we hit $9.15);
• Although the trend is bullish, it seems AMC is doing a pullback, and in this case, the 21 ema in the 1h chart along with the blue area are going to work as support levels;
• What if AMC loses the blue area? Then it’ll probably seek the 21 ema in the daily chart around $7.30s;
• For now, AMC has been behaving as expected. I’ll keep you updated on this.
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AMC Setting up for pullback scalp on lower time frames.AMC seems a bit overextended here and I think this tweezer top pattern is a sign of a local top. I think we can go down back into the consolidation zone for now. I don't expect AMC to moon unless the general market holds stable. Not financial advice, DYOR
AMC Bullish setupOn 4H $AMC shows a bullish flag. If we do not face new short attack, the possibility of staying above 200MA on 4H is very likely.
On the daily timeframe, we are still below 200MA. At this point 200MA acts like a major resistance.
I say we will test 9$ very soon.
AMC AnalysisPrice is consolidating in this tight range, building both buy-side and sell-side liquidity. I'm expecting price to take out the buy-side liquidity and to trap buyers first before heading down to take the sell-side liquidity, as well as to mitigate the bullish POI at 5.05.
AMC - I'm Saying There's A ChanceIf we can hold support on these higher time frames and stay within or above my green consolidation zone I think there's a good chance we can move towards that horizonal target. If we can break the sloping resistance I think we can see higher prices. Not financial advice. DYOR
AMC: The MOST IMPORTANT support levels to work with!• Since our last analysis, AMC has been respecting the 38.2% retracement. It hit the retracement at least 5 times in the past two weeks;
• Originally, I thought the 50% was the most powerful support (after all, it is a dual-support level), but the 38.2% is a dual support level too, as the 21 ema finally got there;
• This is a classic time correction, when the price moves sideways, until the 21 ema catches up with it. This is different than a price correction, when the price drops to hit its previous support levels;
• All of this means that AMC is quite resilient, and as long as it stays above its retracements, the bullish bias will persist – only if it loses the 61.8% I see it below $5 again;
• Right now, the key resistance is the blue area. By breaking this ceiling, AMC would seek the next target, around $10 again. I’ll keep you updated on this.
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AMC Bull Flag BREAKOUTAMC has finally broken out of a multi-day bull flag and is headed to $10 or higher. 12/2 $10 calls is what I would buy and I’d sell at one of the Fibonacci take-profits targets or a solid reversal on the 15m chart with Heikin Ashi Candles next Week or Friday. Enjoy‼️
Great trade setup on $AMC!Enter when it break $8.35 , Stop will be $7.10 ..
Targets $9,$10,$11..
Play it small until you practice these setups!
Good luck ..
Inverse BTC IndicationThe last time this happened, we ran to 70+$.
This has to be it. Still balls deep in AMC/APE and still convinced that this is the end game. Btc drops, we fly. It‘s really that simple, my friends.
Spy looks juicy, crypto looks dead and AMC is more alive than ever!
Stay zen my friends, good times are ahead!
Nfa.
AMC bull flag to $10Bull flag leading to fibonacci level $10ish first. After that it may go to the next one or consolidate.
AMC - Bullish Trend to ContinueAMC price has moved back up into the mid $7 range after recently dipping below $6. This upward trend included a potential break-out on 11/11, and this upward trend is looking like it could continue based on technical indicators I watch.
The regression trend midline as presented is providing support on the daily and prior to release of APE this stock had significant price support in the mid-$7 price range. Stoch RSI a tad high but has cooled off slightly, and the stock price could easily continue to move up from here. The Volume Accumulation % has turned bullish as buyers appear to be taking over and the MACD is about to flip above zero. The MACD going positive has resulted in substantial price gains the last two times it has occurred.
Price may want to retest the break-out early next week. Will look at the Option chains on a back-test or pull back for a potential good options play next week. Will likely also look to add to shares. Given the overall chart dynamics, technical indicators, and a uber-resilient OBV, seems to be a fairly low risk entry. Further, have to wonder what the on-going demise of FTX and the associated AMC stock tokens traded on that exchange may have on the price.
Not financial advice.
AMC (December Point of Interest)Potential +100% rally early December time. We are about to enter the macro point of interest on AMC's 2 month cycle.
Eight Dollars and One Cent $AMCThere's a whole lot of open interest on call contracts between $7.50 and $9. Sure would be fun if AMC gamma squeezed with monthly contracts on the table.
BULLISH ON THE MEMEShort term targets on the chart.
Incredible news around crypto unleashed ig FUD campaigns and want to influence you in your bias. SHORT is the game, is what you hear.
If everyone expects a dump, watch for the pump!
AMCAMC I think it will go up near the supply zone, then it will go down to fulfil the gaps and other demand zones that are relevant for the price. we will see how it plays. Keep in mind that we are in a mini rally and things can go south very fast !! Always use proper risk management and don't play with rent money on the charts ! stay safe
AMC: What if it CORRECTS? Watch these Key Points!• Since our last analysis on AMC (link below this post), it did a powerful around our support level at $5.47. In fact, AMC did a classic false breakout after earnings, just to squeeze the bears in a bear trap;
• Now, AMC broke our target at $6.80, and it is doing a top sign just under the blue area, a key point that did work as a support/resistance in the past;
• In theory, AMC is supposed to correct from here, and in this scenario, the retracements would be our next support levels;
• The 50% at $6.80 (our previous support) seems to be the most powerful support, as it is a dual-support;
• If it loses the 61.8% AMC could easily drop below $5.50 again;
• Any bullish reaction near its retracements could present an opportunity to buy. Either way, if the bull trend resumes, the next resistance above the blue area is the $10.75.
Remember to follow me to keep in touch with my analyses!
AMC for this week#AMC trying to break out that 4hr supply zone. Once it does we could see this heading over to 8.98 and possibly end at 10.50.
If we can't it will come to retest 7.28 if this doesn't hold it will come to 5.93
AMC- Top out around $9.70I see this topping out around $9.70 before dropping back down to fill a tiny gap around $2.31. Remember, we're still in a bear market. No MOASS happening here. Trade accordingly.
AMC this week
if AMC can hold 7.1 area as support, i think move towards 8 resistance.. if very strong $10 is also possible
AMC Share to its Lowest Level Since 2021AMC's share price is on a zigzag path dominated by a sharp bearish tone in general. As the AMC share price reversed from the narrow ascending channel that extended from mid-October to the end of October, and now it continues to record its lowest levels during the current year. Meanwhile, AMC stock is trading below the short and long-term moving averages in a severe bearish sign.
Now, on the daily chart, the RSI indicates that the AMC stock has now reversed a bit from the oversold area but it is still within the negative territory and we may witness more decline before rebounding from this area. Accordingly, if the AMC share price declines below the level of $5.17, we may witness a return to the price of the AMC share to levels we did not witness from the year 2021 at the level of $4.61.
On the other hand, if the AMC share price managed to recover the $5.85 level, then we would target a return to the $7.25-8 level.
While fundamentally, for the third quarter, AMC company incurred an adjusted loss per share of 22 cents versus 26 cents and revenue of $968 million vs. $961.1 million forecasted. According to Refinitiv survey.
