AMC target at $100 (143% potencial)AMC at break out level, tight stop loss, psychological target at $100 or 143% gain from current price.
Good luck
AMC
AMC 2-3x after $57 markTaking the fib retracement (indicator)
from the bottom to the top
you get the 0.618 GOLDEN RATIO @ about $27
- low and behold that's exactly where we found support
Taking the same indicator
from the top to that botton
will give us the GOLDEN RATIO (0.618) at about $57
- this is where price should test
thats about a 35% move to the upside
Now, taking the TREND BASED FIB EXTENSION (indicator)
from bottom to top to the Golden Ratio (0.618
it gives me my take profit levels
0.786 should be used in bear market
(but theres no such thing because the govt keeps printing
)
1.618 should be used in a bull market
in this case $144 is the 1.618
although it can go higher as meme stocks/wallstreetbets tend to do
1.618 plays it safe bc ya know....manipulation and endless printing of money
Q: but @Toro138 how do we know if we are in a bull market or bear market?
A: focus on the Weekly Time Chart and use the 20 or 21 Moving Average
if its over the line predominantly like it is now its a bull market
if its under we are bearish
If the big players are going to go in
these are the levels where they are going to play
Thanks everyone for the support -
if you would to see more like this
or have a particular graph of a stock/crypto in mind lmk
AMC weekly chart is supper bullish $3650AMC weekly chart is supper bullish $3650 is to be expected long term
Is GME ready to take off?In my previous analysis I discussed AMC.
GME looks to be in a very similar position as it is retesting a trend it hasnt visited since its last parabolic move to $500. It is also in a wedge and possibly a bull flag.
Anticipated moves for a bullish breakout range from $250(based on the base of the wedge) to $450 based on the last measured parabolic move. Which would leave us anywhere from $450-$650!
What do you guys think??? Let me know!
Could AMC be getting ready to take off to $100?AMC is very very close to breaking out of this ascending pennant.
It is in an extremely similar set up as it was before it broke to the upside from $10-$70.
Since that explosive move, price has not closed below $30 showing strong buying at this level.
The RSI has a very similar setup as well.
I expect a break upward to $100 with a possibility to reach $130.
($100 comes from a repeat of the $60 move and $130 comes from cloning the trend line from 10-70 and putting it at the apex of the current formation on the log scale)
AMC is also doing a lot of fundamentally bullish things too such as allowing crypto payments.
GME is also in a similar place on the charts, I will post that analysis next.
Let me know you guys thoughts!
AMC - BIG MOVE END OF YEAR? DOWN MIGHT BE GOOD?All,
I think we are finally ending the AMC pattern here hopefully by 2022. Either way I see this being a big gainer. There is without a doubt I think an untested $20 play with little volume traded above it that will essentailly send 70-120% gainer (stock). Upside break I think it would cause a retest eventually of high 60s-70s.
I personally like the downside move it will create huge volatility, AMC call IVs will be dead low etc. Just make sure to sell if you need to don't hold it once it breaks it will be a bad break. We have already tested these others lows so a (lower low) long term will send us way further down than before. Remember the reason AMC is afloat is (higher lows over longer time periods).
Other than these 2 big plays I see AMC less and less as a trade vs hold or long term options which at this point is really risky prior to the big move. The close it comes to the end the trading range will die off.
AMC WAITING FOR THAT 47.50 breakThe last run up we had a big resistance at 14.50. This time its at 47.50. We could break the resistance soon but it is not bad to consolidate under the resistance.
AMC TRENDLINE TEMPLATEFYI is this important?
Heres a bunch of trendiness for context
#AMC300
LFG
NFA
AMC Whats up with it?LPS guys LAST POINT OF SUPPORT = 42.X $
We are almost at Valhalla, if we can only break the reaccumulation 6 creek, and into the SOS stage we will moon.
NFA.
Is this home?The third top has formed on the chart. The support line is the next target. Is this home?
$AMC cup and handleWith AMC beating quarterly expectations twice in a row now, it is set for a further rally. We see a cup and handle forming inside the wedge that has been forming during the past quarter. Looking to bounce off the Fib levels and back above the 40s.
DWAC THE NEW AMCDont underestimate the big T man.
Looks very similar to AMC at 5 bucks in Feb 2021.
Wait for the proper entry and take it away homie
AMC moon soon?AMC has been forming a triangle for the past couple of weeks. Looking similar to the previous 500%+ pump. Taking the same candles and putting it in the future gives us an estimate of what would happen if history decides to repeat itself. Not a guarantee ofc but nice to keep in mind. Good luck traders!
AMC to accept Shiba Inu Coin for payments via BitPayAMC Ent. to will start accepting SHIB as a payment method in two to four months
The company will involve Bitpay in facilitating transactions.
AMC Entertainment Holdings Inc CEO Adam Aron announced that Bitpay decided to support SHIB. Bitpay specifically said yes to his request. So the theatre chain can take Shiba Inu coin for the online purchase of cinema tickets and concessions. AMC is the first Bitpay client to use the meme coin. The store will start accepting SHIB in two to four months.
AMC BROKE THE TRIANGLE. ANOTHER EXPLODE? -9DAMC increased by 740% since april.
I think it's only the beginning..
AMC Bullish pattern! Expecting a breakout!Amc on the year has been accumulating and getting ready for the SQUEEZE!
The APEs are ready to jump in the jungle Keep your trade easy - simple & safe
Good entry : current price - & above 44$
Target price 52$ - 72$ - 100$+
SL 36$
If you enter at 40$ and it goes down to 36$ then you lose 10% but if it goes to 52$ You win 30% - & if it goes to 72$ you win 80$ ….
You think about it , does it worth a try?
Trade safe
BULLISH ON AMC AS USUALSame cycle to different periods. Watch out for next week. In may we did not have a good reaction to earnings the same happened here. NO COINCIDENCE
ANGI BuyI'm looking at a potential buy on ANGI with the potential for a nice gain. This is following my strategy requirements and it is also showing us some hidden bullish divergence also. Price has provided a nice discount and I'm looking to buy at market open. Price also didn't break the previous lowest low, it formed a higher low so I have good thoughts about this one. 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 short-term Trade Before it Dies!AMC will hit $52 before hitting the dumpster and reaching it's all time low this year of around $2!
idk abt you but looks promising next week. AMCWOWOWOWOWOWOWOWOWOWOWO INFAMOUS W SQUEEZE PATTERNS HERE>
Target price = ??? anyone know how to calculate future price if given input RSI?.
TY
