AMC Entertainment Holdings Inc (NYSE:AMC) was a potential breakout candidate. It has since mounted an impressive rally. Congratulations to those in, or who have profited from AMC alert. To see a sustainable move going forward, the stock needs to consolidate here to weed out the sellers and get ready for the next move higher.
If you haven`t bought the dip at $2.66:
Then you should know that AMC Entertainment has some extremely bullish option calls in the short term.
Some traders see a strike price of $15 per share on May 21.
The volume is there to back that up.
If you are interested to test some...
AMC showing some pattern development that could be significant indicator of higher prices. We got our trusted Gann Lines- and the alternate harmonic patterns showing some reliable confirmation for upside potential. This kind of trade is not for the squeamish. Set your stops (to those people).. the price action could get jerky. However long term I see significant upside.
Ignore the FUD!! The shorts are running out of ammo, this is their last attempt to try and take us down by spreading false information to make you sell! Holding is our best weapon. HODL and I'll see you in at the BIG squeeze!!
Today's breakout is a very nice thing to see, but I think the real date to look out for is May 4th as we're a bit above the rim and we could come a wee bit down from here.
I'm thinking either that happens or we see this rocket really take off. Rumor has it that retail owns the float on this badboy, so if the price climbs those with short positions are really...
Symmetrical Triangle, Could go up or down. Most probably this will break upwards around 14-16 April 21. In case it broke down, it will be another tactic of HF's to scare. Eventually it has to pop up and will achieve the first target for a continuous journey to the moon after some profit booking.
I don't know what this means for AMC, but I see two upward trends happening at the same time here. There's some oscillation, but it's kind of unusual to see two develop like this. Typically, the less acute trend is the more reliable one, but you never know with a situation like this. AMC could go skyward at any moment. Whichever trend you think is the one that...
AMC isn't getting as much institutional attention, and I think it's going to make a lot of people rich.
My prediction is a pullback at around 18 to 22, and then it'll really blow.
Similar to GME, there will be some dirty tricks to short ETFs that hold AMC shares, dark pool fuckery, all the stuff we've seen them do with GME already (and continue to). They can't...
AMC looks finally detached from GME with a bullish opening at +18% while GME is at +3%.
Do you think we will finally see that short gamma squeeze this week?
I hope you bought it at my first call:
If you are interested to test some amazing BUY and SELL INDICATORS that i use,...