seems like we are seeing higher lows forming, i have accumulated calls from previous resistance which was $32. I believe this resistance will soon turn into support seeing that CEO and other executives have cashed out. This brings a good buying opportunity for those who are playing option calls. As im sure people are happy to pick up cheap contracts.
We are at the golden support zone... lets hope hedgies get margin called
for those of you that still believe in the MOASS, this seems like 2 likely scenarios that could play out
if this cryptocurrency fails to break out of the 60s, its doomed and that goes for most altcoins on their last legs of support. I believe this is the correction we have all been waiting for. manage risk accordingly!
seeing that the buying pressure has subsided and seeing that nobody is willing to buy at these current prices, it is safe to say that this will dump. Plus there are wallets that have over 50% of all coins
Looking like a nice bull flag. Next target $100 LFG
Seeing that this stock has much to do with finances, i can only assume that cryptocurrencies would get an IBM partnership or something to make it happen. At any rate, technically this has a 73% chance of going higher. Lets see what happens happy trades!
Im guessing everyone is dead on the AMC battlefield, so what happens now? Do we leave the trading to the bots, do we just give up and short this to $2.... Lets see what happens on the sidelines
Just doing some Elliott wave counts, lets see if it worked ;)
With the growth of cannabis markets it would be foolish to miss this opportunity; however I would only risk capital I am willing to lose. This way psychologically you are less likely to back out a trade. .. With decriminalization in sights, i believe i would go as far as buying this stock for the long-term and short-term. That being said i think my charts can...
Once the price action reaches the highlighted zone, it will rally higher
So Last March Tsla was soaring higher than ever before without much fundamentals other than hype, and people personally financing Mr. Musk. This year I believe Musk has pulled sufficient profit to pay his employees and pay himself. I don't think he really cares about "stonks" too much. At any rate these are the Elliott wave formations I currently see the 12345...
I have not taken a look at Amc so this is what I currently see using Elliott waves. Realistically this company has paid off their debts so i dont see it hitting below $7 anymore. We are in wave 5 perhaps lets find out Monday, and it could potentially correct ABC to the upside, but lets not get too excited. Use proper risk management with trades. Good luck!