Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
If AMC continues to have these irregular movement then we can possible see $120. Also there's a gap around $38
Just charting supports and resistances that i see. I think if we dip below here we goto 36 briefly then 32ish before hopefully getting a healthy bounce. The entire market is red today, obviously we would get hit too. Crypto is down, stocks are down, and silver is way down. So just take the dips as opportunities when they present themselves to DCA . Upside targets...
I'm not about the HODL life, however I love trading volatile assets such as AMC, Cryptos and Index/Commodity Futures. Here's how I'm planning to trade AMC.
I am not sure if this is just a pump and dump or the beginning of another bull run for AMC, so I'll have to see how it reacts when it comes down to the Possible Value Area. It's good to see the volume spike,...
For anyone who is unsure what is going on with AMC, I created this chart to help people better get a grasp on it. AMC is currently in the phase following a Death Cross [50 Day MA crosses below 200 Day MA) and where Volume has depleted. So it is currently dead in the waters. Until Volume starts picking up and we get a Golden Cross , there's not much to see here....
i hate dumb money being in profit. time to take it from them. inverse Adam and eve signals trend reversal. AMC literally warred people about investing in them at these prices and AMC are selling there shares. and people are too impatient and retarded to wait long enough for a short squeeze.
if the pattern fails then i will change my mind.
What If it is just the beginning of the new big 5 wave pattern? IF we go under $24 we will break this pattern, But if we hold above and in the zone of $30-45 it might be a good launchpad for 3 rd wave that will go to $150. Now the target is $30-35 NYSE:AMC
I posted 3 weeks ago about AMC when it was 14 now its at 26$ 100% in 1 week amazing
not a financial advice ,,
YO CAN STILL GOIN TH APE MOVEMENT its not too late
it can be the biggest short squeeze in the history
After a disappointing financial record, I don't think there is anything left to push AMC higher! but there is enough reason for lower prices!
for those who want to have a better idea of what I am talking about, check the Fibonacci levels! supper classic!
concession stands, sticky floors & subpar seating won't save AMC from direct-to-consumer content streaming. In an age when people no longer want to handshake, what makes bulls in this name think we'll pack a theatre breathing, laughing, droplet-spewing on each other?
April 1st 8,00 puts.