AMC Entertainment Holdings Inc., ( NYSE:AMC ) the renowned movie theater chain based in Leawood, Kansas, recently preannounced its first-quarter results, providing insights into its financial performance amidst challenging industry conditions. Despite headwinds caused by Hollywood strikes and reduced box office releases, AMC anticipates its Q1 results to exceed...
Week candle about to close very strong and AMC has bounced hard from the long term 1:0.618 Golden Window taken from the shakeout top of this enormous crash.
A 1:0.618 is most common 3 wave ratio in this type of flash crash where the 3 wave is of course; weaker.
Also there is some bullish RSI divergence.
So good chance this is a significant low here
If it makes...
AMC on the 60 minute chart shows an early reversal out of a three week downtrend after
two months of a wide ranging price action that was sideways. The more or less takes
bankruptcy considerations off the table. In the meanwhile, the streaming services continue
to beat down movie theaters. No matter, AMC has new bullish momentum and the trading
volumes to...
AMC , they're manipulating using the 20 cent gains to trick the algos this stock will have a rise for a few more days before they lower it again . Possibly down to 2.80 or little lower . The dark pool is in complete control at this time
1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one.
2) I drew resistance line on DMI indicator and it has not been broken yet.
"AMC Trading Strategy: The Comedy Edition
Technical Analysis: Use your 'magic eight ball' to predict trends and entry/exit points. Remember, it's just as accurate as some indicators out there!
News Monitoring: Keep an eye on gossip columns and fortune cookies for market sentiment. Sometimes, the rumors are just as entertaining as the truth!
Short-Term Focus:...
