This chart is looking beautiful. What more could you ask for? Bullish news: They secured enough funding to shave off going bankrupt until late 2021. This just may give them enough time to weather out the impacts of Covid. Investors sure think so. RSI divergence with insane volume on the chart over 400m in trading volume today alone. Once we break the trendline...
NYSE:AMC Possible Scenario: LONG Evidence: Price action This is my idea and could be wrong 100% * This is swing trade
The Idea is to hold mainly due to Fundamental Analysis (Covid-19) Technical analysis might suggest to go long - Target Price 5.00 USD. Wisest Option is to hold as per all the other Hospitality/entertainment businesses NYSE:AMC
supply demand trading ideas
Pros: AMC is trading near historic lows on a medium term volume shelf. Upward pressure as vaccine rollout continues and anticipation for theatres reopening starts to build, will probably push it towards the next volume shelf above. Cons: Company is currently in a cash crunch. Longer term play, may take 2 - 3 months to hit $4. Notes You could also scalp to...
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Simple. Get in. PT1: $5 THEN PT2: $7 Support @$2 This might move fast. Pay attention! *Please leave a like if you find this useful, thanks*
One of the largest theater chains in the world took a beating with their financials due to this pandemic. If you are optimistic and enjoy the cinemas, you could think that with vaccines and a possible healthier post-pandemic world, where everything goes back to normal... that AMC can recover. Which is certainly why I have this in my long term investing portfolio....
This chart is just ugly. And the company is failing. But $AMC is being pumped. So lets start to look at it over the next few days. Today we start with the daily and the clear downtrend it's been on since the 12-13 range. I am playing PUITS. There is nothing on this chart that tells me a break in trend is coming. THE ONLY HOPE FOR IT, the circled area. The...
AMC is sitting at strong support here near 1.80-2.20 range. Every time we have seen AMC this low, we have had epic bounces which resulted in 100-200% moves up. I think it is a great risk-reward opportunity down here. GME blew up recently, this would be another great short squeeze.
AMC hasn't been the best investment for many but that doesn't mean we can't pick the bottom (or try to). AMC looks enticing on the technical side of things after seeing it bounce from the $1.8-$2 range (strong monthly level) Entry: Breakout & retest of $2.25 Targets: $2.50, $3.27, $3.80 Stop Loss: $2.07
This stock seems to be underrated. This company still has a lot of users and potential. Jump IN $2.04 TARGET1 $3.84 TARGET2 $7.35
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...