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THE_1_PERCENT
Aug 10, 2021 9:13 PM

AMC - VERY Possible Scenario Short

AMC Entertainment Holdings, Inc.NYSE

Description

3x tier target zone

BLUE, ORANGE and PURPLE

BLUE is a slanted support line
ORANGE is a horizontal former resistance line which turned to support at square#2
PURPLE is the current support line of the slanted price channel.
All three meet at the tier 3 target zone.
Here, There most likely will be SUPPORT found.
However, it can be a mild push or a very aggressive one.
TIMEFRAME for target zone is very end of SEPT to very start of OCT and could be as far as mid to end of OCT.
This area and timeframe should be a decent area to close your shorts (COULD THIS BE WHERE THE SHORT SQUEEZE OCCURS???) and add a careful LONG.
Comments
streetwisek
Fundamentals of this makes no difference. We all know why this is going down, 80 percent of the stock and thats min personally i recon its 100%.
the stock has been so manipulated. this price does not represent fuck all. this is basics hedge funds doing there naughty crap in the dark pool.
we all know this is not the real price for the stock . so hey not knocking you Mr 1 percent. but this you have wrong yes its going down only by force. Hedge funds know they are backed to the wall they are trying everything in there path to get out of there position.
if that means manipulating the price pumping shills bots pounding msgs all over the place, cancelling you tubers, media narrative CNBC for instance wow what a bunch of knobs even put background soumd on with the interview with The Jim interview ...
so hey amazing call on earnings amazing
listening to Adam Aron on the earning call on how the company is now moving forward with more cash in the bank it has ever had . partnerships are moving forward . they are moving forward with tech etc etc ...
And hey hoo the stock gets dumped day after and the day after that mmmmmmmmmmmmmmmmm suspect manipulation......
Mr 1 percent give me your explanation
i dont own the stock
personally crypto only for me
but this crap what i see is all wrong and its being done right in front of all retail investors
THE_1_PERCENT
@streetwisek, Sir, you are 100% right on point. And I do mean, 100%
Amazing comment, I really do appreciate such great quality content.
You really said it ALL.
ninetails210
@streetwisek, Into crypto as well but man, there is manipulation in crypto too. Market makers got to hit those liquidity zones ;)
Moon911
If we close above 40$ this week, this thing will skyrocket to triple digit !
THE_1_PERCENT
@relievedEnthus17401, I think that level to close over to consider a more convincing trend flip would be around the high forty-two's to the low forty-three's
Moon911
@THE_1_PERCENT,

Yeah 42 you are right !
jsnow1111
price will break above that line
THE_1_PERCENT
@jsnow1111, That would be nice
Moon911
SquishTrade
@jsnow1111, wrong again
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