2 hour chart, will be interesting to see how this plays out tomorrow, very heavy resistance at the 161% retracement level, but if broken through and support at that level is shown, it can potentially mean the next fibonacci retracement zone being 57 - 90. MACD looks like it wants a reversal as well, so that gives me some further confidence for the Fibonacci...
This is an update from my previous post flagging the potential for breakout: You Won't Believe What the World's Most Beautiful Girl Looks Like Today ...WHAT A MOVE. Looks like it's ready for more as we are not really even in overbought territory yet. Do we enter my upper trendline and push for $500? I think so...
As I posted the other day, I expected BB to make a move to its next fibonacci zone near 22.00. Resistance was met at the 61% retracement level and it got shot back down to its 38% retracement level after failing to hold the 50% retracement level (15.60's). Bouncing off the 38% level near $13 could give us 2 paths as I show on the chart. Need to break through that...
Was simply looking for a retracement play on this one, and got what I wanted, some resistance at the 38% retracement level, and I have to be happy with 57% gain so I closed half the position. This can definitely go higher, and has the room to do so, so trimmed half of my position accordingly. Next price levels to watch, 8.60 to $10.00 range
Finally popping like it deserves, options playing out nicely with this one. Very important that we hold around this 10.50 level being the 38% retracement level from the ATH in January. I would like to point out that the short interest is 31% of the float, with insiders not being able to sell shares until $30 a share. There are plenty of really informative DD posts...
All, I have seen so many Symettrical triangle posts on AMC I had to post. We lost that .. its gone (on lower timeframes). Could be recovered in Pre Market / news of trading being suspended over weekend on short sellers. Please do not follow or buy on those symettrical posts because we have lost them. Breakdown #1: we WERE in a sym triangle and no longer the case...
looking like a reversal may have start on gold for the short term we had a head and shoulders best seen on the 4h chart last week we've just retraced between the 0.61-0.79 fib levels meaning we could continue the move down from here a break of the trend line currently sat between the 1860-1850 levels we be a sign that we could see low 1800's/high 1700's those...
Generally we have seen that AMC and GME follow the same chart pattern. This time we have seen that AMC is ahead of GME. Most probably GME will follow very soon. This could be after the annual meeting or even before. Anyhow we have a great chart pattern right now. HODL to the moon Apes!
Since Dec '20, $GME has bounced off a logarithmic floor. This chart forecasts that trend for the next 6 months.
Not only is price action huge compared to normal, the bull flag forming on the daily/weekly chart is clear indication of a strong bullish stock.
Doubt this is done, not by a long shot. It appears money from CRYPTO to MEME is in the works. At least for the short term. This correlates with the thesis that $BTC is going much lower in the short term (see linked IDEA below.) Watch 6/9-6/14 time period for big moves to happen. This is when the bearish pennant on $BTC timing window is. Whatever happens in $BTC...
With the low volume are we heading for 270 and then down to max pain?
Hello all, Here a little technical analyse about $AMC #AMC. Why? Because i love the stonk. Am i biased? Absolutely! Is this financial advice? Absolutely NO. I'm just a crayon eating Ape who loves to draw lines and like you can see in my last predictions, an average gorilla can predict better. What does the chart tells me? I see an Apish break out once the price...
Take it or leave it. Just some food for thought.
This is a 45 Minute chart, take it with a grain of salt, but looks like a bull flag to me, interesting to see how this plays out tomorrow with AMC price action practically being identical to this.
Yesterday was the highest close since January 29th with today being a second close in a row over 250. At this point being so close to the 9th, there is a large portion of people waiting for that all important answer to the only question that matters. How many shares voted in the shareholder meeting? We will find out next week and while I have enjoyed this...
Clover health has quite the catalysts not only fundamentally, but technically as well. Technicals: CLOV has been in a downtrend since early January, with an all time high near $17.00, and all time low of near $6.00. Quite the range. Fibonacci retracement levels can give us approximate levels of support and resistance once a breakout occurs. As you can see, the...