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TheBadMrFox
May 28, 2021 5:49 PM

AMC Traingle break - elliot wave peak 5 at extension 1.314 Long

AMC Entertainment Holdings, Inc.NYSE

Description

D cahrt with the long squeeze today as the retracement. buying pressure is now positive with volume and divergent with CCI OBV and MACD. conservative extensionsion 1.314 is at 84.22 . Id sell at 84$ on the nose
Comments
catzineco
Top advance to me TBH. I do see some 2000 level over there. Why?
TheBadMrFox
@catzineco, it is literally impossible to fit the information i needed in the srceen without turning on log scale, but I have it set where its scaled such that the log scale and regular scale are in line on small predictions
catzineco
@TheBadMrFox, let's see this flying past 2K!
TheBadMrFox
@catzineco, COULD BE! Vut my eps are ate no-logarithmic trend based fib extensions based iff the retracements and EWP and K-waves. Ive never been more confident in the fact the market is going through a normal shift from one political party to another - but this is negative selling pressure - so basically it's oversold to the point that the sellers sell and the price rises faster, then negative buying pressure makes a small dip, well a a bear trap or pin bar of some sort. I usually wait for a retest on a bullish marketwhich the really high volume and Open Int lies , in AMC GME and soon the VIX and UVXY...... Every bear must be bull one day. nd vice versa. we just haven't had one in a long time. I was quite young, still trading with signals on wall street with pens and paper
TheBadMrFox
@catzineco if you see me newest analysis I have the Exit Point (but very final exit , at 2000 (its like $2029) and will hit by or on Decembwr 1st. First we've got a new high at 211 swing high week of on June 24th-25th and then followed by $324 By or on the August 03rd or the first week of august- FINALLY THE HIGHEST HIGH at correct $2000. I don't like to use logarithmic charts before confirming that it works -expanded into the future - non logarithmically first, then seeing if they are in sync. IF they are, IM READY FOR CONFIRMATION! WE GOT THAT FRIDAY!
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