!! Not a Financial Advice !! Our beloved ape stock, AMC, is respecting the weekly up-trend so far. We are below all the moving averages and our only support at this point is the weekly up-trend. In the short term, I expect a bounce back to the 0.5 FIB level of the latest run. As usual, it is almost impossible to apply TA to a highly manipulated and shorted...
Adam Aron, AMC`s CEO sold 312,500 shares on Tuesday, according to a filing with the U.S. SEC. His total proceeds since November is $42 million. Aron has still 2,302,760 shares worth more than $52 million based on AMC’s latest closing price, or maybe even less if AMC will fill the Gap to $16, which is possible. After retail investors saved the company from...
AMC Apes still waiting for another bullish cycle. I believe the next coming weeks we will see AMC surpass the triple digits and maybe a short squeeze could occur. If you look at Wyckoff Schematic this was a double bottom and AMC will likely run fast into the last phases. It tend take long time before a big run up but when it does happen it goes extremely fast.
This is what i can see to AMC, as much I would like to be wrong, there is just too much selling pressure. The lines you see are Order Blocks and not "Supply and Demmand" the abrupt Bull Climb in May created a gap, that more then once in anything "Forex, Stocks, Crypto" its allways filled. Shape Ratio its negative since 30 November, and keeps on going. The...
AMC stock price hit the 200 MA line on Friday's session and closed the session around 29.53 support/resistance line, an area that could be tested in next week's session. Other resistance levels to watch at 31.40 and 34.40
AMC is starting to break the descending channel that has been ongoing since the 16th of November (2021). AMC has been trading under descending resistance and descending support. That has pushed the price below the 200SMA which has made AMC enter a bear market. Right now AMC had a short term retracement to the high level of 26$-27$. Price does not want to get...
Good morning everyone. Past couple trading sessions was very low volume so I'm not too worried about the support break on Wednesday. What we need to see is more volume come in the stock for a push over 28.75. We do that we can easily test the $30 area resistance.
Amc has been forming a huge inverse head and shoulders pattern. This pattern is very bullish. A breakout of this pattern could lead us back to 40$. AMC has a gap in the chart at 39$ which could be filled in the near future. The confirmation of this technical pattern is a break of the neckline which is on a very critical zone. We have the neckline resistance, the...
With entering the light blue zone, the AMC stock has theoretically reached a region where new surges are possible. However, we believe that the course will further decrease towards the area around $18.04. From there, our expectation centres around new surges past $52.79. A direct increase has a probability of 30% currently. Already happy holidays!
AMC has seen a huge rally the past couple of days. This large movement got rejected by the 200SMA at the 32$ range. This is heavy resistance due to the fact that this level contains a bearish OB (Orderblock). The 3h chart indicates that AMC will remain in a bear market a short period of time due to the fact that we haven't gotten a single 3h candle closing within...
Nice hold at the 28.79 area. Next test is the 30.50 area then TL with major resistance right behind it at 31.74 area. Good luck out there. Ape strong P.S. - This is the first time I've noticed a check box to abide by the house rules. For any sick asshole that attacks other people online, whether it a moderator or not, should do some soul searching and be a...
NYSE:AMC this prediction dose not match a timeline this can play in short time or in days . Not financial advise general idea
this confirms that my knowledge works on both markets
AMC made a perfect bounce of the 0.786 Fib level (20$ level) earlier this week. This lead to a technical breakout above the 25-26$ level of resistance. We have established strong support at the 25-26$ range with signifficant volume spikes. We are at the micro times frames trading above the VWAP which was previously seen as resistance becoming new support. I am...
AMC still holding strong today, If it had to fall then today was the day but it looks like it will rise back to $29.50 before any fall further. share.trendspider.com
Though AMC is going higher but do not think it's back to bullish pattern, this is just a regular Pullback Trade and if you are in a buy trade then take profit at $28.31, yes It can go to $29.77 but do not wait for it and better book profit at $28.31.
$AMC Technical Analysis NOTES: - Currently at $23.12 - It is testing the Support Line - Watch for breaks at support line - Squeeze happened last week followed by a stock price drop
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.