AMC 2-day prediction: Price should stay within or above the green triangle, the R.S.I should stay within or above the green triangle as well. Price should then follow either the black or purple bars pattern (ideally). related published idea linked below:
AMC is at a low of $35.95 (pre-market). Placing an order at or near pre-market will assure the lowest price before the breakout. A breakout of nearly 30% by weeks end is within reason by placing a bars pattern (black bars) copied from: September 13th, to September 20th. The key is FLIPPING the price trend, this would also account for the R.S.I reaching or...
NYSE:AMC If the fractal plays out the same way that it did during the Jan to June run, then this is how it will look like. Bless everyone
As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future. Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up. Consolidation is a very healthy sign and signifies...
hey yall , here we are with AMC , elliott waves are drawn on the chart , so as you can see , the fifth wave hasn't been started yet and we're waiting for it . now we are in the 4th wave (correction wave) and price has made a triangle like the way it did in the wave 2 (correction wave) . the Entry zone is exactly above the triangle cause breaking above...
Along as we hold this support line things will remain bullish , we did get second rejection of the 4/1 Gann ratio which is not good but until we break and close a weekly under this support line I will remain bullish. First target 100 dollars Fib Time Zone date - 26th October 2021
Wow, what a ride it's been so far, huh? What an incredible time to be alive. It seems as if we are at the cusp of a truly once-in-a-lifetime tectonic-shifting economic event that will probably be studied and talked about for decades, if not centuries to come. What will the headlines/history books say about the planet of the apes? Will the memes be immortalized...
If AMC breaks to the upside first target could easily be 100 dollars before we get some sort of sell off. Alot of reaction points at the bottom of this triangle , showing real strength a break is near and with the 2D MACD bullish cross its looking like we could break to the upside. Fib Time Zone Date - 26th Oct 2021
This is my analysis shown above. If break out of this upward flag we look to head up to around the 44’s.
Amc holding - Daily chart - Now I am not the one to buy meme or hype stocks infact I would rather do the opposite and sell the hype but in the case of AMC holdings I can't help but notice these beautiful bullish patterns on signs of new demand on charts so Im expecting a explosive bullish continuation on this possibly even higher then the all time highs.
AMC has been prepping for it's next squeeze for almost 5 months now. Short Interests is at all time highs meaning shorts have not covered and the technicals show bullish momentum starting to build up once again. Some indicators that suggest the next squeeze is starting.. low volatility, low volume (increasing now), high short interest, pennant close to breaking...
Looks like we have a Mini-Breakout here finally, setting up an IHS on the 4 hour/ daily, MACD crossed up with momentum continuing and RSI 50 line trend being crossed above as well. Looking for some price consolidation from here tomorrow and a bounce off the RSI trend line to let the STOCH cool down a bit. All in all looks like a nice entry should show up tomorrow...
The Numbers ARENT REAL, WE HODL REGARDLESS.. But In the short term this Dip will RIP and follow YELLOW TREND LINE to push back above $38. THEY ARE TRYING TO TO KEEP IT BELOW $40 BUT WE WILL BREAK $50 THIS WEEK!
Nothing much to say just love doing these charts lol. Been here since January NYSE:AMC
So basically I used bar pattern and traced it from March-June rup up. It matches perfectly to where we are at right now. Also kinda interesting that Elliot wave theory corresponds perfectly to where the bar pattern follows. (look at 1.61% and 2.61% fib tracement). So I believe that it will go to somewhat mid 40's, goes back down, and then touches low 50's again....
buy the dip and enjoy the ride we will kill HF and Bank of America in one shoot
NYSE:AMC I think it will go down to 35, where the fib retracement is and where amc just broke out of. After that it matters how explosive the third wave is but at this moment price target overall is 54.
Small update compared to my previous chart. Note that this is a speculation play based on the cycle theory but I still we are in the right direction. The dip is expected and so is the breakout of the trend line to the downside. The coming days will prove this theory soo lets see !!! :)