1M Chart, AMC Entertainment Holdings, INC (AMC) NYSE , on January 18, 2023, the signals on MACD have been below the histogram since January 2022, still far from pierce facing north; The RSI signal bounced on 40 and is now facing NE after the price has been steadly climbing the last 13 days, from $4 to $5,77, below both 100/200 MA signals, there is still plenty of...
Looking at AMC BB and Stoch readings, trying to see if short term, the price will grow
we accumulated for weeks above our support the 3.82$, now we have a breakout from the resistant , if we continued to hold above our current support 4.15$+ will confirm the bullish momentum towards the 2 profit taking .
we had double bottom above the 3.82$, and now we broke from our ascending line. first sign of strength , now we need to break the resistant at 4.31$ to continue to go higher towards the 2 profit taking and squeeze area around the 5.37$. if we got rejected at 4.31$, it's means we going towards the bottom price above the 3.33$.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
As you can see TA is the only thing that has been working out for AMC. TODAY T+90 MEANING THAT..... we must moass today and otherwise thursday moass at 2
we got our breakout before the market closes last Friday as we spoke about it on our live streaming, now we holding above that major support box (1.85$/2$) if we did hold above that box, we going to have another pump to test our first profit taking around the 2.43$, then the second profit taking and squeeze area above the 2.80$.
Over the past few months, the AMC/APE craze has been underway, with plenty of retail investors spamming various social networks and prompting others to buy the company’s shares. As per the information in tweets, memes, and messages, this retail investors’ uprising aimed to bring down hedge funds, with the central target being Citadel. There were numerous...
we about to visit an important bottom above the 3.33$+, but first we going to see buying pressure above the 3.90$ to go totes the near the resistant 4.70$, if we got rejected it's means the short in control and price will keep going down to the 3.33$ bottom .
Its clear we are going to squeeze. TA don't care moass at 2 pm
tracking AMC fib pocket at .618 to see what it will do. SPY may influence this
I like the theory of beating the Hedge Funds and their over capitalized naked shorts but the reality of the markets is that they exist to hurt us (the poor and middle class). I'm expecting a fake breakout sometime between now and Christmas, this will pull in a final round of suckers. then going into the new year, this will print a definitive new lower low...
we have one level to confirm the bearish or the bullish control which is the level 7.10$, if we never over come this resistant, we going to see test for the 2 support levels around the 4.50$ and 3.33$. however if we broke the 7.10$and held above this time , we going to have a bullish momentum to take us till the 10$ and to squeeze price for amc which is above the 18$+.
My guess as to AMC action next few weeks, lot so FTDs due. but SPY could become bearish. Gensler may make changes to the stockmart. who knows...just wild a** guess
AMC messing with bars patterns to predict the future
AMC's peaks and valleys are fun and predictive to look at
I think the short volume is reset periodically, which obviously influences price and also peaks, leading to decreases in price. Like a balloon