gencollado

gencollado

I am starting to see a lot of people buy BB because they missed the train to $70 on $AMC. They want to 3-5x their money in a week. The reason why AMC went up significantly in one week is because the conditions were right: we were on the brink of breaking all time highs and massive shorts and puts were loaded on this area. The orderblock was breached with force and...

gencollado Updated 

AMC stock continuously keeps surprising people day by day. Bears have been getting trapped on every consolidation level due to small gamma squeezes. However, I believe the short squeeze has not happened yet. I have seen what short squeezes can do, but I believe what we have seen here is FOMO buying and continuous gamma squeezes as OTM call options continue to...

gencollado

xxx

gencollado Updated 

You're damn f*cking right. Congrats to all the apes, bulls, and fellow retards HODLing. We are on our way to a technical target of over $100 by Aug 2021. With the squeeze, this can get a lot higher, but $100+ is a conservative target for now. June 18 calls are looking to be expiring deep ITM and most other OTM calls until Sept should be very profitable. Keep...

gencollado

I still have 27.2k as my ultimate target. However a spike up could bring us back to 42k. Based on the overall structure and price action of Bitcoin, I am leaning towards a move lower. I am not shorting this market, as it is a very volatile and unpredictable market. We are still in an overall uptrend in a consolidation phase. Typically, shorting consolidation...

gencollado

As you can see, there is really not much to analyze, and the TA is pretty straight forward. You have so many people who missed out on buying during the consolidation phase because: (a) they were scared (b) they didn't do DD on the stock (c) they are plain haters and want to short the stock and seem smart After breaking out of a 5 month consolidation range, we...

gencollado Updated 

Beautiful symmetrical triangle has formed. Bought more call options and shares. Locked and loaded, ready for the big squeeze. Anything above 11 and it's a victory for us, we ain't coming back. Still a good chance to get in and add more if you haven't already! Again, don't be afraid, this is building up like a giant pressure cooker. First targets are $25, 35, 50....

gencollado

xxx, xxxx is target for $amc hodl

gencollado Updated 

$40 next target

gencollado

My previous idea has played out to perfection. Refer here: We have now broken the consolidation pattern (symmetrical triangle) to the upside. This confirms that our bias is to the upside (bull) side. Dips should be bought, and it looks like we further consolidated that upmove last week and are now trading in a bullish pennant pattern. The next target should be...

gencollado Updated 

If the monthly candle ends like this. Patience will be rewarded for the dip buyers.

gencollado Updated 

I've been away for a few weeks. Actually, there really hasn't been anything to be analyzing as we were stuck in a long boring consolidation phase. The fact that $AMC does not want to go lower suggests strong buying at support, and sellers have exhausted themselves. I still have all my shares, and I just recently purchased some June 18 call options as some bullish...

gencollado Updated 

Good evening/day fellow $AMC apes, bulls, and traders. It has been a rough couple weeks for those who are currently hodling $AMC. We have been promised the moon only to get let down time and time again, day after day. After we reached the 14.50 level, we have continued to descent into a never ending downtrend which was only relieved by ONE day of positive price...

gencollado Updated 

IMO, this is one of the best chances we got to break the $14.50 level and shoot up to $17 and above. I mentioned in my last idea that we would see a big breakout on Tuesday or Wednesday, so this short term triangle may be a precursor to hitting our recent local top before a big breakout of the overall pattern. If this pattern fails, then I am actually looking at...

gencollado

Not much to say at this point. We're in no man's land... A downside resolution to this long consolidation will set $AMC back and I will re-consider my bullish thesis on this stock. An upside resolution, and we are back in business to hitting targets of $21 and above. I am really hoping that this breaks out to the upside as I feel as we have done very well to not...

gencollado

$AMC has been following a perfectly shaped symmetrical triangle ever since our topping out of at the $20 level all the way to our lowest low of the mid 5.00 level (where I got in with 85% of my shares)... Anyone that has been following me knows that I have been in since very early and did not sweat the drop as much as some of the people who just got in recently....

gencollado Updated 

With all the manipulation that's been going on recently, I believe we might have seen another bottom today. Monday's price action looked like a continuation of Friday's. We did get a retest of the 11.90 level, which is a very important area of support. IF we break above this ascending triangle, which lately it has been doing almost always, then I believe we will...

gencollado

First and foremost, good job $AMC apes, bulls, and anyone else that is united in the fight against hedgies. We are winning. Collectively, we can take down the hedgies and their sick manipulation tactics. Mathematics is on our side, and we have and will continue to prove it. Why am I targeting hedgies? Because for years, they have used and abused the technology...