$AMC looks like it's headed for another low. I could see the potential for AMC to rally up to the $8.30ish region, but if price rejects that range or just falls here, it increases the likelihood that AMC will fall from here back to the $2 range. The bottom of the blue channel structure has already been tested multiple times and has weakened support. If it breaks...
I hate AMC because the CEO is a thief, is cheating the people, and I don't know why the SEC is doing nothing. It looks like a very speculative game, so I was expecting to see this since May 10th. I sold APES and bought AMC because I think APES will disappear. Today the judge ruled in favor of AMC, allowing them to issue 100% of shares, so now we are diluted 50%...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* This afternoon my team purchased shares of Chicken Soup for the Soul ...
NYSE:AMC Unable to stay above or Close Above 150 Day Moving Average for more than a few days. It's like someone is selling or shorting every time it closes above it gets slammed back down.
Looking at the Weekly NYSE:AMC #amc chart could still give us one more floor down. or continue to tighten in this wedge as pa is above weekly (orange) support but ones monthly(red) support breaks she is gone. #learn #technicalanalysis #daytrader #stockmarket
On the M15 chart the trend started on July 28 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 5.36 But we should not forget about SL = 4.51 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
TUP on the 30-minute chart has some decent technicals. Based on anchored VWAPs one set for 8/1 and another 8/3, TUP has pulled back into solid support at the two mean VWAP lines. Volume has been steady. It is in the middle of the fair value zone and under the POC line of the volume profile. Analysis of that profile is that price should seek the POC as if a...
There has to be some major volume moves happening within the next few days to make or break this moment for all apes that have been patiently holding for almost 2 years. This stock in particular has been hovering the threshold list for quite some time. With the recent court ruling giving way to the short run we had to the $8 dollar mark. I am confident something...
GME on the one hour chart fell over a week from July 27 until earlier today. The fall has heavy selling volume this morning followed by a flip at the lunch session into buying solume above the running mean. Similar findings are on the volatility indicator. The MACD has a cross under the the histogram as price momentum shifted from bearish to bullish. Price...
I see GME on the 15-minute chart as being setup for an opportunistic speculative dip buy. Details and targets are on the chart. The plan is to get about 5% out of an anticipated rebound off the near-term pivot low. My analysis is the GME will revert to the mean being the high volume area of the volume profile which is 4% upside with the POC line before that...
Cycle signals being picked in November 2020. Expecting a parabolic arc set up, similar to GME before Jan 2021. Important that higher lows are established on the way up and ascending support trendline is respected. Targets are based on support, parallel, and volatility zones.. A ripple effect is possible if the volatility zone is crossed, this could send AMC to new ATHs.
AMC popped over 50% on the last trading day. So questions arise could include whether there is an juice left in the move? Are there short sellers now buying to cover to cut their losses? On the 15 minute chart, the parabolic move is obvious. The volume profile shows the highest volume of trading at 7.42. A typical end of the trading day and week fade is seen...
AMC, after Bullishly Diverging at an .886 has broken out of a Bullish Dragon and could rise all the way up to the zone of $10–$14 if the level of $4.40 is taken.
AMC appears to be forming a triple bottom pattern with price support holding in the $3.80 area since January of this year. The last time AMC put in a triple bottom was in 2020, and in early 2021 price exploded from a low around $1.30 to a pandemic meme stock rally high of $44. AMC likely will not see the same gains as seen in 2021, but the triple bottom is...
I hadn't really looked at IWM until a follower asked me about it on Twitter, and after thinking about it for a few hours and comparing it against SPY and QQQ, I realized that it's not that IWM is lagging, it's that it's not going to follow the recent mania. Some wisdom I heard recently is that breadth is important in markets because it indicates a large amount of...
GME trended up from the 1st of May into a V shaped retracement and boune from June 7th to 14th finally crossing over the 2nd STD of the full range anchored VWAP before a standard 50% Fib. retracement bottoming 2 days ago as seen by the Fib. retracment tool. Price has now reversed to an uptrend and is crossing both the full range mean anchored VWAP and the...
When you go to the movies do you want to sit right up on the screen or back a bit in the middle of the theatre? If you zoom out to the daily chart for AMC, you start to see past patterns. AMC below $4 is and interesting price. From $4 AMC is 50% or 100% away from recent highs. A price below $4 is even farther away from recent highs, percentage wise. Always...
NYSE:AMC If the price breaks below $4.60, the next target could be $4.30, followed by another potential target at $3.70. If it continues to lose the $3.70 area, there is a possibility of it reaching $1.50. On the bullish side, there is a potential for a counter-pullback due to the formation of a double bottom and oversold conditions. However, it is important...