AMCOR PLC AMC

Bixley

My view on AMC, I'm still bullish, in fact I expect price to continue up further The recovery from all time lows on AMC has been spectacular White bars pattern placed for price move expectation

sitwala25

Not a financial advice Megaphone pattern are common in wyckoff schematic to create uncertainty and volatile conditions which helps the composite man to exhaust bulls and trap shorts before the markup

HOOPFOOD

AMC has broken out of the top wedge of a broadening wedge. Also fib levels of importance have sold off at 382 and 618 levels. I have been consistently bearish on this and am waiting for the clown show to end.

squarerootof9

Previously (see link to chart below) I posted a simplified cycle analysis based on the work of @MrBooksy (on twitter). In that chart, I looked at the daily timeframe and noticed similar patterns of movement recurring in each cycle, with the pattern of the patterns growing more complex at each new consolidation level. Today, I noted AMC's volume returned to the...

tejkiran2727

This seems to be a repeat action on cycle based theory. Computers r working for edgefundes***

TradeLevels9

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%.

ary2001

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anunturivanzariro

Not giving any advice. Just playing with charts @HK_L61 - Fell free to step in any time you have a chance @HK_L61 - Fell free to step in any time you have a chance

tejkiran2727

Iets c if we r following this track now. Not an advise to anyone please do your own DD

wrgly

so yeah she broke and surprise the vol still sucks. why does it suck because it has a 500 m float that's why I think inside bar for now could bounce but that depends on the the over all market

JoeRogan69

AMC broke through critical support at 30-31 bones with no support until 14. Currently under the 200ma, oversold on the Stochastic. Showing strong Michael Beary signs 🐻. Looks like its heading to fill the gap at 17 then likely to slowly bleed back into a penny stock. Meme stock cults have failed to further pump it and seems to be losing interest. Adam Aron will...

sitwala25

Not a financial advice Plz give ur input on the update.

darkside1082

Look for the back test on the trend line. Also, GME will be reporting on the 9th will it pull AMC higher? You guys might want to check out NRGU just did a post on it. There could be 100% upside all 10 oil companies that it tracks show the same reverse head and shoulder pattern. Just an idea I had not a trade.

parkair1501

Looking for strong movement to the upside this month Dec.

biscotrip315

Well it happened. Clean break below the bull pennant on increased volume and found support in the $33 area. This was also due to the market selling off so take all of this how you will.

Buffdan1

zooming out on AMC I see it has formed a pennant flag. This has been a wild ride. still holding my position.

03:01

Erictaylor

see video for details no sell volume,no confirmation

Hambooger

AMC (November 30th 2021) I am not following all the short selling drama, just making this idea based on hype trains and what I think I see in the charts, but only what I see in the daily timeframe and trend setup. This can be very wrong but that's okay, I'm just looking for some fibonacci touchpoints to confirm my current layout but I'll throw away the chart if...