Rejected at a heavy resistance area and fell back below TL. Currently trading below major support in after hours. If those levels hold, this doesn't have much stopping it from coming down. Be careful out there.
You need to break above 31.74. That's a major area of resistance. If you can't, there's not much catching this thing. Good luck.
As per the current analysis and wave trend, AMC is not looking to go back into $40 or higher anytime soon. Yes, There is a possibility it will rise and touch the last wave low around $34.51, but then it looks like going down to $29.43 followed by $24.35 or even lower. Long term short trend persist. Wait for the breakout at 32.06 if that happens, yes it's going to...
www.tradingview.com AMC can fall more downside to $25.43, This is where the best buy entry for those looking to enter in AMC trade. Look the previous Idea I have attached.
I really don't want to speculate, but by looking at the chart and few of analysis, I believe we are headed to $27.86 or lower. I had sold it at 40.42 though waiting for the better re-entry either at 27.86 if not then at 24. 100%.
Am I seeing a tighter wedge forming or am I just high?
AMC will hit $52 before hitting the dumpster and reaching it's all time low this year of around $2!
Basically the same analysis as some others have already done, just reiterating their points. Massive bull flag and textbook consolidation. I agree between now and next week we will see a major movement one way or another, my bets are on a rocket to ATH. Stay vigilant apes.
If AMC's Cycle Theory is true, this chart has been carefully studied to portray what a 3rd squeeze would look like. This is calculated through, Fib Levels, Time Sequence, Volatility & Volume, Options Expiration Dates and other Analytical Data.
The Fed.. Scholars running the show are now, after denying the fact that the Evergrande mess was contained, are now admitting that the ramifications could spill into the U.S. Economy. The Fed.. Also sent out a WARNING that the act of holding a meme stock threatens the stability of the U.S. Financial system. I would like to point out that holding meme stocks...
As you can see it is a bullish structure we are near to finishing the triangle, if we break upward we can easily anticipate what AMC is trying to tell us to the moon baby...
In this analysis, I have drawn a Max Butterfly as well as two Seapony variants, which could initially drop the price to approx. 27.29 - 21.44, and additionally close the gap at approx. 27.44 - 25.63. Subsequently, I expect rising prices from 33.36, 40.94, 44.57, 52.91 to a maximum of 61.04. If the range between 52.91 and 61.04 is reached, there is still the...
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...
The WHITE line pattern indicates AMC currently. The GREEN line pattern( Which I purposely offset to see easier) was the exact chart pattern with a 5 minute time frame from May 13th to May 24ths breakout. I think we will see a little deep for the next two weeks and then come beginning of October... the just may be upon us..... Friday-17th We should See some...
The WHITE line pattern indicates AMC currently. The GREEN line pattern was the exact chart pattern with a 5 minute time frame from May 13th to May 24ths breakout. I think we will see a little deep for the next two weeks and then come beginning of October... the just may be upon us..... Friday-17th We should See some sideways controlled movement, possibly end of...
1 hr Chart As you can see, we have previously seen a 5 wave move then breakout. We may be repeating a similar 5 wave pattern. Above $48 range there is much room for growth. 20 EMA Bullish Cross Above 50 EMA. MACD showing weakening downside momentum. Looking to reverse soon. DeMarker Indicator showing gaining strength and looking to breakout soon. Please let me...
take a look at the 200MA with the fib @ .618 right before todays pump.