Patriick2jz

Patriick2jz

⚡Inverse Head & Shoulders Pattern forming? ⚡Neckline resistance 13.5$ Supported by Ichimoku Cloud resistance ⚡Bearish Divergence on the MFI, watch for a bounce at the 5.85$ area (huge liquidity zone) ⚡To confirm the Inverse Head & Shoulders Pattern a break of EMA 1 resistance is needed (8.6$ along with EMA 2 resistance, 10$) ⚡Strong VPVR resistance to the 12$...

Patriick2jz

- VWAP Broken with engulfing volume. - EMA resistance at 8,3$ (Daily close above = bull) - EMA Resistance at 9.1$ (Daily close above = bull) If 8.3$ gets rejected lower targets could occur. *WARNING* This thread is not financial advice. I am not a financial advisor.

Patriick2jz

⚡200 Weekly level mounted (huge resistance now became support) ⚡Support trendline held with a bullish engulfing + volume + bullish divergence on the MFI ⚡Golden pocket fib resistance ⚡Ichimoku Cloud broken ⚡VPVR support mounted at 9-9.7$ ⚡10.86$ resistance confirmed by 0.5 fib + VPVR node ⚡12$ resistance confirmed by 0.382 fib + VPVR node + Ichimoku cloud...

Patriick2jz

🔥Bottoming signal on monthly (4-month bottoming pattern consolidation) + Bullish MFI 🔥Monthly Ichimoku low confirmed as bottom followed by TD-Sequential 9 🔥200 Weekly Moving Average Resistance at 9.45 (This should be reclaimed due to the open interest at this level) 🔥Monthly resistance at 11.6$ confirmed by Ichimoku Cloud 🔥7.86 Fib retracement at 8.3$...

Patriick2jz

⚡Bottomed out on monthly Ichimoku Cloud ⚡Bullish Divergence on the MFI ⚡Bottoming signals on the Vix Fix Indicator ⚡TD-Sequential red 9 (Indicates bottom, more accurate on larger time frames) ⚡AMC needs to reclaim the monthly VWAP above 13$ ⚡Break the 14-16$ Resistance ⚡Break above 18.75$ (Monthly Ichimoku Cloud resistance) for larger moves ⚡Bullish Options Chain,...

Patriick2jz

⚡Bullish Divergence on the MFI ⚡Vix Fix strong bottoming signals ⚡7.86 Fib Retracement measured from the trend reversal candle (43$), this area stands as strong support confirmed by large VPVR node ⚡TD-Sequential red 8, often reverses the trend once spotted on larger time frames ⚡Big volume support trendline at 10$ ⚡Liquidity zone between 7.5-10$ (Strong...

Patriick2jz

⚡Possible retest of the 7.86 Fib (11$) Strong VPVR support, this would also test the previous 0.5 Fib which acted as strong resistance, confirming this support is a sign of reversal ⚡Golden pocket reistance 16.9-18.8$ Confirmed by VPVR ⚡23$ resistance confirmed by 0.5 Fib + Ichimoku Cloud resistance ⚡28$ Resistance 0.382 Fib confirmed by volatile candles ⚡34$...

Patriick2jz Updated 

AMC has for the last couple of days been trading under a descending channel. This pattern has started from the resistance of 20$. As of now we are seeing a slight retracement because of the earnings. MFI is heading down which indicates that money is flowing out of AMC on the 1H chart. Earlier today we had a retracement to 17.55$. This level succesfully bounced the...

Patriick2jz Updated 

As predicted in my last thread AMC made a retracement to the mid 14$ level. This level is significant due to the large VPVR node making it large support. This level has successfully once again bounced the price. This level of support has been respected for 1-1/2 month. Hopefully this is the last time we retrace to this zone. I am really confident in the fact that...

Patriick2jz Updated 

NASDAQ 100 has been in a downtrend for the last couple of weeks. This has caused a lot of stock to retrace. As of now we are at the bottom of the Ichimoku Cloud on the Weekly chart. We have perfectly formed a bottom on the Ichimoku Cloud and respscted it as support for three weeks. This level is what is holding up the NASDAQ 100. We have also formed a resistance...

Patriick2jz Updated 

AMC is finally ready for an upswing. Strong bullish divergence on the MFI + CM_Ult_RSI + Bullish TK-Cross on the Ichimoku Cloud. All these indicators are illustrating a possible trend-reversal. In addition, todays volume was almost 170 mil, this volume was last seen in August 2021. Most likely we will see continuation of this trend due to the fact this move is...

Patriick2jz Updated 

AMC is beginning to look ready for a reversal. We had a rough retracement to 12.90$ before the price bounced back to 15$. We managed to close a daily candle below 15$ which was not a good sign at the time. This daily close means breaking the 200 Weekly Moving Average which is a level of significance. We also attempted breaking a large VPVR node on the chart...

Patriick2jz Updated 

For the past couple of days we have had a lot of bullish patterns playout. The left chart is the 1h chart which i will present now: The falling wedge broke to the upside which caused a nice rally for AMC. Later on we formed a rising wedge which luckily broke to the uspide. As of now the price is consolidating in a symmetrical triangle that is ready to breakout....

Patriick2jz Updated 

Early in the day we got rejected at 34.3$ which is hard resistance. Support was later found at the 7.86 Fib (26.4$). Worst case scenario support 25.45$ (MA-4). Also confirmed by VPVR node. We have also established strong support at 27.3 (MA-1). 28.10$ is also valid support confirmed by the 6.18 Fib and a large VPVR node. MFI is trying to cool off, still...

Patriick2jz

⚡15$ Support confirmed by VPVR node + golden pocket retracement + 200 week sma + 2 trendlines of support (Previous resistance) ⚡MFI breakout could lead to a massive rally ⚡18-20$ resistance confirmed by VPVR node + resistance trendline + 0.5 Fib ⚡23.5$ Ichimoku Cloud resistance ⚡0.236 Fib resistance needs to be broken for bullish price action ⚡Worst case...

Patriick2jz

⭐Bullish Descending Pattern for over 9 months (Target of this pattern is 72$) ⭐Bottom trendline support bounced the price 4 times with significant volume (Previous1400% gain, strong level of resistance) ⭐Strong bottoming signals on the MFI (Last time this happened a 1400% move occurred ⭐14.8$ Support confirmed by VPVR node + 7.86 Fib + Trendline + Volume ⭐A break...

Patriick2jz

⭐7.86 Fib Mounted as strong support confirmed by a significant amount of volume (425) This support is valid by the VPVR and Bullish Divergence on the MFI. ⭐6.18 Fib Support mounted with large volume. This support 435 is valid due to the large VPVR node + volume. ⭐446 Resistance confirmed by VPVR and selling volume + Ichimoku Cloud Resistance. ⭐453 Resistance...

Patriick2jz

⭐4H chart huge falling wedge ⭐Target of the falling wedge is 34$ ⭐7.86 Fib level mounted as support (17.5-17.3$) ⭐20$ Resistance confirmed by EMA Ribbons and large VPVR node on the daily chart + 4h ⭐4H MFI bullish divergence, primed for a large bounce ⭐Strong bottoming signals on the daily chart, TD-Sequential red 9 + Vix Fix indicator. We barely wicked below the...