AMC will blow up! Long

NYSE:AMC1D

AMC Entertainment Holdings, Inc.NYSE

Description

⋅ Mar 14, 2023 8:20 AM

Looks, like AMC will give a powerful up move.
I see, that you can buy above 5.55$ and hope for a target 12$

Comment

⋅ Mar 15, 2023 8:14 AM

Trigger will be the same.
Main idea to trade this chart - only if price get >5.55.
Until this condition is done - you cannot get that trade.

Comments

DanDanLL

⋅ Mar 18, 2023 8:29 AM

What do you think about UFTBUSD

ego1smo

⋅ Mar 18, 2023 4:08 PM

@DanDanLL, I checked a chart, and now I don't see anything interesting. If you want to get a big move up -you should follow the EMA30 on the daily chart. If the price is above MA30 + there was a volume on breakout this EMA - you should wait for a consolidation, which will be shown later if in coin there is an actual buyer. In my opinion - if it has a potential - there is not now, and a buyer need to buy more, showing good price range.

To understand the conditions, that I mentioned above - you can see that video: youtube.com/watch?v=WswZwmr2ebU (04:33)
Good luck, have fun :D

Winks01

⋅ Mar 14, 2023 11:42 PM

now where do you see this heading?

Gameonanon23

⋅ Mar 15, 2023 9:01 PM

@Winks01 AMC is debt laden in highly volatile environment where rates are raising rapidly. Unless they dilute like crazy even more than they have already, bankrupt. Even then, dilution comes at the cost of shareholders and share price will reflect that.