AMC has closed the month of august on an inverted hammer candle. Bullish divergence on the 1hr. Like that's not enough, a falling wedge appears out of nowhere. $APE ftds caused the security to be put on threshhold. More than 2.5m shares FAILED TO DELIVER.(I believe it's way more lol) I wanted to stop posting on AMC but things are getting pretty spicy. So much...
This is the endgame, ladies and gentlemen. This will probably be the last time I post on AMC. If the cycle plays out inverse, starting on monday the 29th, we would see a retest at around 6$, which prior to the split would have been at around 10$. We either move up now or after the retest of 6$ which I believe to be unlikely. In my honest opinion, I would...
we need to hold above our ascending line and above the 9$+, to confirm the bullish momentum and break the 10$+ level , in order to get 2 profit taking , around the 11.17$, and the 12.90$+. if we broke this ascending line below the 9$, we going to see a huge short momentum to take us to the 7.70$, and the bottom of this year if we didn't hold that support is the 5.50$+.
This is natural price movement after an IPO. Nothing to see here
This is absolute critical that AMC can bounce from here or lowest price target $9.71 If it looses support of this area then it invalidates all bullish market structure by putting in a lower low and any sign of a reversal from this downtrend. If it loses $9.71 then support must hold at $7.53. Failing that I do believe it will revisit $1.94 Sorry to be the...
we have to hold above 9.80$ to confirm the double bottom , and then testing the 14$ resistant , which tell us if AMC ready to go to the 20$+ again if we broke that resistant and hold 4h candle above it , and to confirm if the short are in control , if we got rejected at that resistant (14$), and potential break for the support 9.80$, and going towards the 7.70$+ bottom .
I expect a run up this week. The fuse has been lit. Don't mistake AMC with BBBY/RDBX. I started seeing AMC/GME more as crypto than regular stock. Very volatile, meme-bound securities in which hedge funds have been trapped in. 600m USD to boost spreadsheets? Yes, Kenny G is back at it again. They are stalling the margin call. For those who don't understand what a...
I am looking forward to the movie about this whole Ape-Movement. Who will be playing AA? Who will be playing Ken Griffin? I will personally fly to the USA to watch it in an AMC cinema. This is it, apes. The second we touch the dotted trendline, we wont be seeing these prices anymore. It was an honor to be able to take part in the making of financial history....
stay above macro downward trendlines stay above raising wedge Stay above 0.5 Feb. wait for the $APE aka. share count #APESTOGETHERSTRONG
I hate being short, even for the correctional phases but this can go south. I also still have the tingle in my pineal gland. So we will see. Either we drop down to 22ish and then proceed the uptrend or we JUST GO. I hope it's the latter. Stay focused. Stay zen.
Buckle up apes. We won. No way on earth they beath this down once more. Thanks to APE, AMC will make us some good money. Stay focused. Stay Zen.
we need to continue to hold our first support above 23$+, in order to confirm the breakout from our resistant around the 26.70$+, if we did we going to have a test for the 33$ price level . on the other hand if the short are heavily shorted AMC , we might have breaking for the 23$ SP, but we need to hold above 19$+, to show us that AMC still in Bullish momentum to...
we need to hold above the current Support 19.50$+, in order to confirm going to the resistant and the squeeze area if we broke it , around the 29$+, and if we did break it , we will see the 43$+.
As seen in the chart, we can mark out historic fractals that look to repeat themseleves over different lengths of time. Fractal theory has been around for a long time now and no moonshot predictions have come to fruition. This is soely my own theory and should not be taken as finacial advise! - AMC has shown strength in holding the bold white trendline...
Well, let me tell you what is going to happen, $AMC is going to $50, the dividend $APE share announcement will make this going to ths starts for the same people that was stopping it just because if this doesn't happen before August 19 the will have to pay to all the synthetic shares the dividend. They will send this high to see a lot of people selling and getting out.
The APE dividend is coming as a 1:1 non-dilutive "split". Every single one of the roughly 500million shares will receive 1 $APE, priced at 0.01$. What if, let's say YOU hold 1000 shares of AMC. Later this month the dividend will be distributed and you surprisingly only receive 300 $APE. Where are the remaining 700 $APE shares? Is it possible that you only held...
So AMC decided to do a clever trick and take advantage of the hype coming back into stocks and even meme stocks. Retail traders have taken a hit, with many retail-heavy companies like Gamestop, Coinbase and Robinhood, etc., taking massive hits. However, GME has been doing well, COIN doubled off its lows, and HOOD looks decent. As stocks are bouncing and the bull...
AMC has been trading within this macro falling wedge for a while now and has also formed a smaller symmetrical wedge on the daily timeframe. Price is attempting to breakout from both patterns and if it does we could see a huge move to the FIB golden pocket as seen in late march. PT 26.78- 30 usd. A rejection would send the price back to the bottom of the pattern...