AMC2 trade ideas
AMC: Skyrocketing Potential AheadSince bottoming at $4.17, AMC surged to a peak of $4.87, completing five impulsive waves. Wave 4 formed a complex contracting triangle before wave 5 topped at $4.87 around 6:30 PM London time. From this peak, AMC experienced a sharp correction, likely bottoming near $4.26. From here, our analysis points to a significant rally, breaking above the $5 mark, with long-term projections targeting the $20 range. AMC’s bullish trajectory continues to gain momentum for the months ahead.
AMC - FINAL THEORY UPDATE Assuming that this fractal extended (meaning it is not wrong)
then AMC will be a monster of a short squeeze.
My plan is to go heavy on the Nov 22 calls, sell at its peak and wait for the retracement so that i can get the december calls.
I believe we are on the verge or witnessing a move that happens so fast that no one will see it coming!
The only way this fractal extends once more is if price drops back down again to where it started. Basically making a while upside down "U"
I will be ready. Apes be ready!
Crop Circle Theory - AMCRoaring Kitty hinted at a crop circle. I have a theory that he was hinting at the algorithmic sequence of when things were about to explode. Not only will the sequence repeat from the last "sneeze" that it had but I believe that Roaring Kitty or whoever hinted at us the sequence.
Yes everything is algorithmically programed. You should by now know that Level 2's and MACD's are useless. These are not organic buying or selling. These are computers trading against each other. Algorithms designed by for example BLACKROCK who have the mathematic sequencing for this.
This news should not be new to anyone anymore.
However, i was one of the very few people who was laughed at for preaching about the correlation between the crypto market and the NASDAQ wayy before anyone. I made my fortune during those years (pre-covid and post) I did my best to inform everyone on it on Stocktwits. It was only a matter of time where people started paying attention who i was. But not only did the community start paying attention, so did Stocktwits. Then banned me. Looked for any excuse to find their way to permanently ban me and keep retailers oblivious to what i was journaling and preaching. That app is now dead. Filled with bots only to keep their app alive.
Fast forward, Blockchain Backer was created. I found my people. Finally, someone who saw what i was seeing. I am happy he blew up. He deserves every ounce of attention. He is helping people become aware of this.
Rocky, i know you are watching.
Are you listening now?