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JenRz
Nov 9, 2023 3:55 PM

Intuition Stock AMC tgt $19 Long

AMC Entertainment Holdings, Inc.NYSE

Description

Ok, believe it, or not, I did get AMC as a stock to "pay attention to" when I mentally asked for one from my intuition on Monday.
I don't follow this, and wasn't even sure where it trades, but the number 8 came in pretty strong, followed by the number 19. I thought the timing of receiving it was neat because it had earnings in only a few days, which was last night.
My little intuitive symbols on Monday showed a down and then up, so I figured I'd watch and see if it got to $8.
When I finally just checked on it, it was down this morning 19%! The low in premarket? $8.00 even. It's recovered some, but still down almost 14% atm.

My follow-up with dowsing indicates the "big idea" and "best idea" is it's "safe and profitable to buy" (twice!). Last time I got that was on 10/26-27 asking about the Qs or SPY. We know how that turned out.
It's suggesting I get a date, which is December 18th (Mon.) and I think that's the trade exit. I'm not very practiced with dates for entries and exits though, and when I try them, it's often not the actual entry. It can be news or some reversal, however. Maybe it's be correct this time, who knows? I would definitely give this some time to play out though, and expect the $8 area to be support.

Comment

Update: if you're patient, I still get that this goes up.
I am noticing a weird trend in numbers now that I see this though with 19 a lot. I am a little curious if this could be a date?
Sorry to digress, but I also asked, when is the best date to buy puts on indexes and got the 17th. What if there's some event over that weekend, which creates some vol? I guess time will tell. Sometimes this happens where I get repeating numbers when I'm asking about all kinds of different markets.

Back to AMC. I literally just checked in and it's saying it'll hit the $19 target and is an "extreme value buy". So, if you're patient, it's likely ok. Not super thrilled with longs though when I have indexes about to dump, so manage risk.

Comment

I've kind of ignored this for awhile, so today checked on it and as I understand what I'm getting, it'll bottom out around $6. Then, I get a date for April 24th, so maybe it takes that long to get to $19, but I still get the number 19 coming up.
$6 certainly seems likely atm. If it gets much less than that, it's dead to me.

Comment

I did have this come into a dream on Monday and it got just below the $6 mark and back above, so I'm wondering if something happens now.
Dowsing suggests a long for a move to $8. There may be higher, but I'm unsure at the moment so will re-check and post.
Dates are next Friday, 12/29 and March 8-9th and/or the 23rd. I got twice that it's safe to buy, so we'll see if that's true.

Comment

this thing is a turd. A misfire for sure.

Comment

This seems to be getting attention. It's garbage imo. The best I have is maybe around $8 this year, though I haven't done much prognostication on an annual timeframe, so anything's possible I guess.
It is interesting I have $8 also from 12/22. I got it again when I just checked to see if I'm missing anything, and I checked yesterday and nothing positive.
I plan on having more stocks like the VTRS idea this year that will have better odds of something significant.
Comments
henrydattrinh
when we gonna hit $19 ?
Brudda_Noah
More like 19000$
andrewcayard
interesting, thanks for the DD! looking forward to updates.
MyCryptoParadise_Nathan
Your technical analysis is on point. Thanks for the valuable information.
nnatashali08
Interesting!
JenRz
@nnatashali08, it really is! I should do it more, but I have posted others in the past if you like stuff like this.
It’s a good way to track your accuracy growing your intuition.
The other one I got was ABBV and the number 11. So I think it does down to $111.
I’m not going to make an idea for it tho.
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