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.
AMC2 trade ideas
Falling Wedge Alternate IdeaI've gone and adjusted some of my trendlines and based on trendlines, we may be seeing a bounce off that golden line. It has been a very important level for months. There is the smallest uptrend in both OBV and RSI that may indicate a bounce. If we clear the falling wedge, ideally with some volume, this may indicate a bullish divergence. I would be looking for a consolidation phase between $8.18 and $10.10.
If we can match that bullish trend line we had again, or potentially break it in the next 1-2 months, that would be where I'd expect the next rally. If you believe in the T90 on APE coming to fruition, this would be in the ballpark for a run simultaneously.
AnalysisHello!! as you can see on the graph we are in an uptrend and on top of that we are above the vwap indicator. Thus, the market may continue to rise if the resistance line is forcefully broken by a large green candle and followed by large green volume. On the other hand, we could have 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.Thanks.
$AMC: Breakout to 15$?⚡200 Weekly level mounted (huge resistance now became support)
⚡Support trendline held with a bullish engulfing + volume + bullish divergence on the MFI
⚡Golden pocket fib resistance
⚡Ichimoku Cloud broken
⚡VPVR support mounted at 9-9.7$
⚡10.86$ resistance confirmed by 0.5 fib + VPVR node
⚡12$ resistance confirmed by 0.382 fib + VPVR node + Ichimoku cloud resistance at 11.5$
⚡Moving towards the upper trendline which is located at the 15$ level
*WARNING* This thread is not financial advice. I am not a financial advisor.
Analysis-Big probability of an uptrendAs you see on the chart we will have a big probability of an uptrend after the breakout of the resistance line by a big candle with a large volume. In other hand, we will have a downtrend after the breakout of the vwap indicator and the support line by a big candle with a large volume. Thanks.
Analysis Since August 30, 2022 at 1:30 p.m. until today September 07, i.e. approximately 05 days, we have been in a general downward trend. It was only from September 01 to September 02 that we had a small upward acceleration and then the market fell again.
So as you can see on the chart, we could have a high probability of having an uptrend depending on the different plots on the chart.
Thanks for your attention.
AnalysisHello!! As you can see on the graph, the resistance line and the support line converge, that is, they go in the same direction. Looking at the chart pattern, the market may continue to decline if the support line is forcefully broken by a large red candle and followed by large red volume. On the other hand, we could have a high probability that the market goes up. But, this can only happen if the vwap indicator as well as the resistance line are forcefully broken by a large green candle and followed by a large green volume. Thanks...
$AMC: Price Target 15.5$🔥Bottoming signal on monthly (4-month bottoming pattern consolidation) + Bullish MFI
🔥Monthly Ichimoku low confirmed as bottom followed by TD-Sequential 9
🔥200 Weekly Moving Average Resistance at 9.45 (This should be reclaimed due to the open interest at this level)
🔥Monthly resistance at 11.6$ confirmed by Ichimoku Cloud
🔥7.86 Fib retracement at 8.3$ confirmed by volume
🔥Price target 15.5$ (surpass 2.36 fib to retest resistance at 15.5$)
🔥VWAP broken o daily chart (Bullish signal)
🔥Vix Fix indicator strong bottoming signals on daily chart
🔥Watch for an engulfing amount of buying-volume
🔥VPVR support at 8-8.80$
🔥VPVR resistance at 10$ confirmed by EMA - Ribbons
*WARNING* This thread is not financial advice. I am not a financial advisor.
Thank you for reading.