AAL BuyI'm looking at a potential buy on AAL with two potential entries. This is following my strategy requirements and this company is a very good long-term hold, in my opinion, if you get in at a discounted price it will be worth it as long as you sell before the potential market crash. This stock should go back up as vaccination rates climb, so it should be decently safe for a long-term hold if you decide to do that. You can also look at this for the short term and treat it as a day trade because it should just continue ranging until it breaks up higher (if the market agrees with my analysis.) I'm simply going to enter when I see proper price action, if I can get something like a bullish engulfing pattern to show me confluence with my entry then ill go for the trade. If not I might just leave this thing alone. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade tomorrow.
AMC
DWAC Epic Market On Close VolatilityInto the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a rotation into a competitor? Or is it a rotation from meme stocks such as $GME, $AMC, $CLOV, $BB, and $BBBY that have recently rolled over? Either way, this is nothing short of epic volatility.
AMC Whats coming next?!Reaccumulation with spring action
-Flat or sloping downward formation
-Potentially lower lows with a spring being the lowest point in the visible trading range
-Short term weakness after strength in this formation
I'm still convicted that we are on the final phase of our reaccumulation, only that we may be forming a minor spring action.
Our next jump should be over the creek into the LPS stage rather than the anticipated SOS stage.
SOS still expected at 13-17 Dec from my previous post on the fractal cycle.
As said, 8th and final support
Not expecting any more suprise downside after this.
Not financial advice
Stay strong.
ALF - DEMAND ZONE - PIVOT ON FADE - LOW FLOAT - BANGERAll,
ALF I think is going to pop huge pretty soon we all know how wild she is when she gets going. This is now a waiting game. I have about 5 alerts set on ALF 2 or 3 below 1 slight above if it moves up and a volume alert. I think extremely soon we see ALF rip again. Make sure to actually watch this one. Actually decent company/future.
Keep in mind how long this stock has been on the market as well. Looks like some garbage downtrend stock, but in reality it hasn't been on the market long enough to even make that true. This could easily be a blimp on the radar. So always keep time on market in the back of your head.
Amc chart analysis trending up soon?(A prediction)So i see a false breakout then a clear breakout and retest of the trend line on the daily chart of amc. It bounced on retest green Friday and printed a what i like to call a flip flop candle pair today. The flip flop is when the proceeding candle is either very very similar just different color or is its polar opposite but opened and close in the same range roughly as the candle previously. You’ll see what i mean in the picture. There used as trend continuation or trend reversal indicators. I am sure there’s a more accepted term for this setup. Besides that the daily rsi is showing a hidden bullish divergence. This is when the lows of the rsi are moving higher but the price action in the lows of the candles is moving down. This is a pretty decent indicator of a potential trend reversal. This divergence started to show itself last week so i would expect solid movement up but (potential down). If we do break upwards i would then be looking for volume to come in and match the movement of the stock price. If it doesn’t, i would expect another cycle and down trend after current uptrend and new analysis needed. With all the nft and crypto hype coming in and box office numbers returning the amount of preorder tickets for the movies coming out in December is crazy high with a crazy high amount of releases coming out in December i am very bullish on amc just from a technical view. NYSE:AMC
I am still learning so input would be nice. ur thoughts an opinions of my analysis are welcome. Sometimes you dont know you suck until someone tells you.
AMC fractal update IMPORTANT DATES!!!overreaction concerning china FUD. Dont see this falling below macro support. Might either go sideways, or go up one last time only to be met at the bottom for the 8th support of wyckoff reaccumulation schematic.
Fractal indicates the life cycle of the algorithm to be of 1.6667 * its initial January run.
According to this important dates are
This week WED or THURS (shift in direction of this stock )
14 or 15 DEC, Dates for SI publications coinciding with the fractal timelength.
20th DEC Beginning of the Squeeze.
$AMC - Weekly Swing Trade OpportunityWe've got a very simple trade thesis today! AMC has been consolidating for the past five months after it's insane run to 72$. After such long consolidation, we're finally nearing the end of our wedge, meaning AMC is primed to make a large move to the upside OR downside.
I will be eagerly eyeing this ticker, and will play a break to either direction as I've got no personal biases. Regardless of the direction, the move will be explosive. Have your alerts set!






















