We’ve been in a consolidation block for the past couple of days. The 4HR Timeframe shows a clear Ascending triangle (lots of accumulation building , News catalysts and volume) getting ready for a huge break to the upside. Price is STILL respecting our upwards trendline giving great confluence that this is in fact a perfect time to buy. We got positions in other...
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.
This is not a financial advice, do your DD. As of now I like the price action, momentum and local uptrend. Looks like are having a perfect formation/setup to send this baby to the 🌙 AMC to 2000
AMC to the MOON! 🌕 We all know that retail investors have little to no control over the price however what we also know is that institutional banks are in charge of the big moves. JUDAS GOAT: Juda is the only goat that leads all the other goats, it’s also the leader. All the sheep follow Juda to the slaughter house while Juda sits on the side pretty. When we...
AMC Stock Analysis - Fundamental and Technical Analysis Week of 1/25 - 1/29 Hope this helps some of you understand what happened and why price moved a certain range/direction. *can not predict short-term price due to lack of data on 1/28-1/29 across the channels on real time volume market cap shares outstanding bid/ask limited # of shares purchasable...