🔥Bottoming signal on monthly (4-month bottoming pattern consolidation) + Bullish MFI 🔥Monthly Ichimoku low confirmed as bottom followed by TD-Sequential 9 🔥200 Weekly Moving Average Resistance at 9.45 (This should be reclaimed due to the open interest at this level) 🔥Monthly resistance at 11.6$ confirmed by Ichimoku Cloud 🔥7.86 Fib retracement at 8.3$...
we need to hold above our ascending line and above the 9$+, to confirm the bullish momentum and break the 10$+ level , in order to get 2 profit taking , around the 11.17$, and the 12.90$+. if we broke this ascending line below the 9$, we going to see a huge short momentum to take us to the 7.70$, and the bottom of this year if we didn't hold that support is the 5.50$+.
we have to hold above 9.80$ to confirm the double bottom , and then testing the 14$ resistant , which tell us if AMC ready to go to the 20$+ again if we broke that resistant and hold 4h candle above it , and to confirm if the short are in control , if we got rejected at that resistant (14$), and potential break for the support 9.80$, and going towards the 7.70$+ bottom .
stay above macro downward trendlines stay above raising wedge Stay above 0.5 Feb. wait for the $APE aka. share count #APESTOGETHERSTRONG
With +80% of profits I am taking them for now before reaching the target, will be buying again if it dropped to $16 - $17.5. Moving my profits to $MULN (stay tuned for the chart) Like👍 & follow🚶♂️
The Idea would be to follow the trend, therefore find a signal to sell as the trend is downward. Option One Sell only if in the next day the resistance of 28 USD will not be broken. If the 28USD will be broken just HOLD. If you are long maintain the position if the 28 USD will be broken. You should not be long on a bearing market.
This is not advice, only my opinion. You must do your own due diligence. I'm full bear on AMC. It's overbought on hype created to maintain the #AMC #GME swap. Neither fundamentals nor short interest supports the current price. It has a long way to drop and money to be made.
we need to continue to hold our first support above 23$+, in order to confirm the breakout from our resistant around the 26.70$+, if we did we going to have a test for the 33$ price level . on the other hand if the short are heavily shorted AMC , we might have breaking for the 23$ SP, but we need to hold above 19$+, to show us that AMC still in Bullish momentum to...
AMC Entertainment Holdings, Inc. ( NYSE:AMC ) Sector: Consumer Services (Movies/Entertainment) Market Capitalization: $12.233B Current Price: $23.67 Breakout Price: $27.00 Buy Zone (Top/Bottom Range): $20.60-$14.20 Price Target: $33.00-$34.20 (1st), $40.60-$42.30 (2nd) Estimated Duration to Target: 23-25d, 47-50d Contract of Interest: $AMC 9/2/22 25c, $AMC...
Good to go to the moon. Remember how the enemy moves! Divide and conquer. People fighting over which stock squeezes first/highest. What the pricetargets are. Confusion over the dividend. Just know, if you feel confused or worried it‘s because SOME WANTS YOU TO BE. Leave your emotions out the door because if this thing goes, you wont be able to make clear...
we need to hold above the current Support 19.50$+, in order to confirm going to the resistant and the squeeze area if we broke it , around the 29$+, and if we did break it , we will see the 43$+.
The CM Slingshot Indicator for AMC has finally turned green. The last time it was green was November 29, 2021 (about eight months ago). The stock also closed above the 200 MA , which hasn't happened since Dec 8, 2021 (also about 8 months ago). I'm looking for AMC to close above around $23-$25 to signal a breakout of the macro descending channel. Also looking to...
So AMC decided to do a clever trick and take advantage of the hype coming back into stocks and even meme stocks. Retail traders have taken a hit, with many retail-heavy companies like Gamestop, Coinbase and Robinhood, etc., taking massive hits. However, GME has been doing well, COIN doubled off its lows, and HOOD looks decent. As stocks are bouncing and the bull...
Bull trap or bear trap??? Where do we go from here? Gamma or accumulation?
we going to confirm if this not a fake out if we hold above the 16$, or above the breakout triangle , first resistant we going to test is around the 20.50$, and the second one , which is the squeeze level as well if we broke it and hold above , which is above the 29$+. NYSE:AMC
Looks like AMC is starting to break out of the macro falling wedge. Not financial advice.
Looking at the AMC Entertainment options chain, i would buy the $17 strike price calls with 2022-10-21 expiration date for about $2.11 premium. Looking forward to read your opinion about it.
AMC Short Term We look to Buy at 14.20 (stop at 12.69) Broken out of the channel formation to the upside. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected. Our profit targets will be 18.64 and 21.01 Resistance: 20.00 / 30.00 /...