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.
AMC trade ideas
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..!
Analysis-uptrendAs you see on the chart we are above of vwap indicator so it's mean that we will have a big probability of an uptrend.Thanks.
AMC I set this levels for AMC to account for the ranges. We fell back into the base accumulation channel on this drop. Just watching for reversals
Last chance to get on the MOASS-ExpressAMC is arguably the moass play with the modt potential!
I expect a huge run-up next month.
Let‘s f***** GOOO
AnalysisGood morning all! How are you? Good i hope! As you see on the chart we will have a big probability of an uptrend if we have the breakout with force the vwap indicator and also the resistance line by a big green candle with a large volume. In other hand, we will have a continuity of a downtrend if we have the breakout with force the support line by a big red candle with a large volume.Thanks.
AnalysisHello everybody!! As you see on the chart we are in a downtrend and also we are under the vwap indicator. So we will have a continuity of a downtrend if the support line is broken with force by a big red candle with a large volume. In other hand, we will have a big probability of an uptrend if we have the breakout with force the vwap indicator and also the resistance line by a big green candle with a large volume.Thanks.
Let‘s move up!Despite the FOMC meeting today, I believe the markets will rally. AMC still looks good and holds up support. I previously stated that the squeeze could happen this month but I‘ll have to correct my statement. Squeeze will probably occur in october!
Let‘s go my friends!
Maybe now the Shortsellers seeWhen in doubt, flip the chart. Maybe this way the bears can see what we see.
Will AMC's Short Squeeze Continue?Primary Chart 1 : AMC Price on the Daily Chart with Significant Fibonacci Levels Noted
Will AMC's Short Squeeze Continue?
Another short squeeze has successfully launched a few lucky traders into the stratosphere. Maybe more than a few if some take profits timely. AMC has risen about +183% above its low on May 12, 2022. In the past several days since July 27, 2022, it has risen about 99.06%. All signs point to another short squeeze similar to the prior ones. Even volume patterns look the same—albeit much smaller than prior volume patterns.
The short squeeze could continue as it did in June 2021. Short squeezes don't necessarily stop because everyone things price has gone too high. This article does not take a position on whether AMC is destined to revisit this year's lows or make new all-time lows. And predicting the behavior of numerous market participants—the retail buyers looking for a squeeze and the short sellers looking for a flush—and analyzing how such behavior is affected by other macro issues such as interest rates and liquidity in light of tightening Federal Reserve monetary policy would be a futile endeavor.
As a result, one may look to technical analysis to try to make a prediction about the probabilities.
Note on Primary Chart 1 how the price patterns at the prior short squeeze on March 29, 2022, and today's short squeeze, look nearly identical. Compare the two yellow ellipses on Primary Chart 1 above. Both peak candlesticks have an extremely tall bullish candle preceding them. And both sport a long upper shadow (or wick).
Some technicians call this a Pinocchio candle or bar. This type of price bar shows up when the bar breaks temporarily above a level of resistance and then falls back below it. It also can appear when the bar breaks temporarily below a key support level, and then reclaims that level by the close of the bar. Some basics of Pinocchio bars follow below for those unfamiliar with the term:
Martin Pring, a technical expert, writes that these bars "give a false sense of what is really going on." Pinocchio bars tend to create bull or bear traps depending on the direction the long upper shadow points.
Upside breakouts, such as here with AMC, lock in unwary longs with a loss by the close of the bar. Shorts similarly get stopped when intraday bars pierce well below support and then whipsaw back above that support by the close.
In Martin Pring's books, he further explains that the "false break" that develops is " indicative of exhaustion since the price cannot hold above the strong resistance reflected by the line ."
In short, like the character Pinocchio's nose that grows when he lies, the price move beyond the resistance / support ends up being a false move, and the bigger the false move, the bigger the lie.
In summary, the Pinocchio bar with a long upper shadow, especially when viewed along side other similar bars over the past year, imply that price has likely exhausted to the upside for the time being.
Further support for exhaustion is evident. Note how the Fibonacci projection levels have provided strong support and resistance repeatedly since the all-time high in June 2021. Primary Chart 1 labels those levels and points out their operation as strong resistance on multiple occasions.
The last two rally attempts occurred in December 2021 and March 2022. Both these rally attempts failed at the .50 Fibonacci projection (green line shown on Primary Chart 1). For the current rally, the price bars with the long upper shadow pierces the next Fibonacci level of importance in the sequence: the .618 level which lies just below the .50 level . This also supports at least a temporary pullback or consolidation.
Additional evidence supports exhaustion. Note below how AMC's price has now risen to +5 ATR on the daily and its candle has a long upper shadow. Moves to +3 ATR are rarely sustainable for long much less +5ATR. In the chart below, note the location of price relative to the +3 ATR Keltner Channel. The +3 ATR KC is the outermost band on the upper edge of the KC bands.
Supplementary Chart 2.1: AMC's price well above +3 ATR band on the Daily Chart using Keltner Channels
Supplementary Chart 2.2: AMC's price relative to the +5 ATR band on the daily chart using Keltner Channels
Finally, note the declining volume on each successive short squeeze. This suggests that the buying pressure has waned as short squeezes have continued following each major decline.
Supplementary Chart 3.1: AMC's price well above +3 ATR band on the Daily Chart using Keltner Channels
But the persistence of the buyers squeezing the shorts should be recognized as something that is a new force in markets since what occurred in 2021. Price could indeed push higher if enough collective buying force continues in stock and options markets sufficient to overwhelm all supply. Price can do a lot of things no one expects.
But based on technical analysis alone, however, price likely falls lower from here. This author makes no argument that new lows will be reached. It will be important to watch the pullback to answer that question. A reasonable price target would seem to be 16.50 near the .618 retracement of the rally from the May 12, 2022, low to the August 8, 2022 high.
A New Pitch ForkI drew up a pitchfork at the start of this bullish momentum a few months ago and it tracked very well, so let's see how this one does.
AMC gearing up to make another big move towards the upsideLooks like AMC might be pushing $30 by the 22nd of sept. Here's the chart with the important numbers marked.
Look for some slight resistance around $13.
AnalysisHello! As you see on the chart we have a continuity of a downtrend after the breakout of the support line.Thanks.
Soon it'll be overYou can either spend your time looking at charts, trying to predict the next few seconds, minutes or hours or you can decide to enter long term investments based on fundamentals.
But you can also buy up the whole damn float of a company because of memes.
How many companies are owned by the public?
Even if I don't condone burning money with shady stocks and crypto-coins, it's is impressive to say the least, that some redditers, men and women,
across all ages and from every place of this magical world bought more than 90% of a the float.
Imagine if more companies were owned by the public. What a world we'd live in!
Don't EVER underestimate the power of the masses.
Apes now own AMC.
Beautiful times are ahead, my friends.
Stay focused, stay zen. See you on the moon.
amc sellsentiment and news says sell, indicators from daily to 45 min says sells, price action says sell, tarot indicator says sell, reactions off the trend lines and heading to the bottom trend line liquidity
Analysis-sell ideaHello ! As you see on the chart we have the breakout with force the vwap indicator and also the support line so it's mean that we will have a big probability of a downtrend.Thanks.
