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$+, to show us that AMC still in Bullish momentum to...
The chart speaks for itself. See ya'll on the moon !
we need to hold above the current Support 19.50$+, 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 $APE shares? Is it possible that you only held...
So AMC decided to do a clever trick and take advantage of the hype coming back into stocks and even meme stocks. Retail traders have taken a hit, with many retail-heavy companies like Gamestop, Coinbase and Robinhood, etc., taking massive hits. However, GME has been doing well, COIN doubled off its lows, and HOOD looks decent. As stocks are bouncing and the bull...
AMC has been trading within this macro falling wedge for a while now and has also formed a smaller symmetrical wedge on the daily timeframe. Price is attempting to breakout from both patterns and if it does we could see a huge move to the FIB golden pocket as seen in late march. PT 26.78- 30 usd. A rejection would send the price back to the bottom of the pattern...
we going to confirm if this not a fake out if we hold above the 16$, or above the breakout triangle , first resistant we going to test is around the 20.50$, and the second one , which is the squeeze level as well if we broke it and hold above , which is above the 29$+. NYSE:AMC
Nice Volume came in today. I expect the continuation in the coming 2 weeks. Tomorrows earnings report will hopefully be a catalyst to new ATHs
Looking at the AMC Entertainment options chain, i would buy the $17 strike price calls with 2022-10-21 expiration date for about $2.11 premium. Looking forward to read your opinion about it.
As the title suggests, I don‘t believe the main trendline will be hit. As we know, most gaps need to be filled. So 17$ again soon:)
I expect sideways movements for a day or two. After that we should be seeing 19-21$. If support holds, which I‘m sure it will, we are on our back to 28-32$ range. Everything beyond that is pure speculation. No one knows how high this will go. After extreme pressure from mainstream media trying to shake us off, I believe even more that this will be a once in a...
This is how I think the wave count will unfold for next week. Check out my previous post on AMC showing prequel before this move.
An extended trendline to rule them all. Drawn from the IPO of #AMC, connected to next low on Feb '16. Note all of the interactions and touches. Crossing it is explosive. See June '21 & March '22 runs.
If $9.70 is the low now and we can break $72.62 the price targets we can look at are below based off Fibonacci retracements. Fib levels are in brackets All time high (1) $72.62 Bottomed out (0) $9.70 To validate the price targets below AMC must breakthrough $72.62 In the previous cycle $72.62 was the 4.236 fib extension level taken from its previous cycle top...