1. Showing Support @ $12.50 2. Break below support to $10.00 3. Bullrun set Resistance @ $18.40 4. Pull-back for ideal buy entry $15.00 or better 5. Target @ $22 Nov 22, 2022/ $30 dec 22, 2022
Fundamental Description
Find movies near you, view show times, watch movie trailers and buy movie tickets. AMC Theatres has the newest movies near you. Headquarters: Leawood, KS Founded: 1920 President: Adam M. amctheatres.com Subsidiaries: AMC Theatres, Odeon Cinemas Group, MORE
(For speculation Purpose only)
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Can you smell what the Rock'sπͺ¨ cookingπ$20π₯π₯π₯π₯π₯π³π΅π΅π΅π΅π΅π΅
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Amc rippπͺπͺπͺπͺπͺπͺπͺπ―$20π took profits at $18π΅π΅π΅π΅π΅π
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Big money π΅π΅π΅π΅π΅π΅π΅π΅π΅π΅π΅π΅π΅πΉπ
@alireza1357, target $22 / $30 π/ $40 depends how the wave takes it too... $20 is the best option...
SUPERGENERAL610
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@alireza1357, may hit $30 bucks laughing all the way to the bankπ¦ πππππ΅π΅π΅π΅πΉLets goπππππππππ
Intraday_Latte
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What did you use to mock the future price action? thanks
SUPERGENERAL610
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@Barter_Simpson, I use price action wave cycle... And past shadow pattern wave to flip and measure the most educated gues dateβ that it takes to complete the cycle... Not guarantee but likely π
Intraday_Latte
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nice chart. was wondering it was going to finish off corrective wave down to the resistance trend line, then a stronger impulsive following the monthly even up to 25 but I think you're on it considering the hype, breakout of wedge and monthly Macd turning bullish. how do you feel about the earnings? I read that a beat still may not be tits, and correct me if I'm wrong, I think they spent all the cash flow rolling over the 2023 maturing debt, not sure if they managed to roll it all over, and what that means generally (maybe not a bad thing considering optimism around remaining summer performance/sales + any catalysts) I'm ok with entering long a bit late, even with earnings beat I'm still vigilant about upcoming events that put the whole biz in the gutter past anything medium term, I think a good temp check will be how things roll into the new school season, seeing what happens around that, things are gonna heat up politically real quick and could mean some desperate plays those pulling the strings.
SUPERGENERAL610
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@Barter_Simpson, most likely it just gap up following sp500, nasdaq with tsla... The big five amzn, TSLA, appl, MSFt, goog... Amc got no choice but follow the big guys..not hoping it will dip to complete corrective wave, if it does double up the shares ππ
SUPERGENERAL610
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@Barter_Simpson, I don' t really look into any of their management pump or dump I just... Look at the long term existense of a business, making sure they won't likely to go into bankruptcy anytime soon... ... Then wait for dips under support then ride the price action wave Short term target... For Long term... You want to stay with tesla, apple, amazon... But even them, tesla are volitile... Holding doesnt really work... If that helps π
SUPERGENERAL610
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@Barter_Simpson, amc collecting big bucksπ΅π΅π΅π΅π΅π΅π΅π΅π΅π΅π΅π΅ππPossibility hitting $20π―π€