Now that the AMC hype train has died down, I can start positioning on some lower risk trades. Been waiting to see this pop. As long as we dont gap up on open, I'll be taking some here at the 618 - tight stop. If stopped out, will look for rebuys near pivot high. Any break of that and Im out. Simple. Ez. Smooth 😎
Been watching and trading this thing since $0.09. Couldn't believe the structure and strength of the buying. 1 billion volume past 3 days. 97% shares Sold Short. now there's articles and vids popping up and our beloved apes from AMC GME looking for more nose candy. Something I've noticed is that the past 3 days have rallied @ or near 12pm(Noon) EST as noted on...
If you haven`t sold AMC before the APE merger, after which it went down on share dilution: Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week, I would consider purchasing the 3.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.37. If these...
GME on a weekly chart has clear the chop zone on that indicator and is now above the POC line of the long -term volume profile indicating that bullish momentum is greater than bearish momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below...
AMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price and volume have pumps and so also the PV Trend indicator. There is no fundamental footprint on this move. it is a pure meme much like a similar move of GME. I will go long here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n...
Selling on UMVD, Angle 1 is as low as $3, that will be good R:R entry for long. I don t thing 4.2 will hold is we keep seeing more selling.
Current position: 50 Shares at $31 (small position) Option premiums are too pricey, so I just bought shares. Trade Idea May 24 50C $2.15 (very high risk)
If you have any questions or comments feel free to comment down below!
Hello ladies and gentleman,according my analysis To AMC Entertainment Holdings STOCK .there is agreat probability long to 10 USD.
I like it when AMC moves because what they do is a very precise technical play; it can go down or up, and you can find these points to hop on the train and know that another big rise is coming. We have a bull flag here!
NYSE:GME 🚀 NYSE:AMC In a single day, GameStop was able to outperform an entire year of BTC. GameStop stock and AMC shares soared Monday after Keith Gill, who sparked the meme stock rally during the pandemic, made his return to social media for the first time in three years. The New York Stock Exchange temporarily paused trading on GME stock 34 times....
Quick levels & Angles show future possible targets. Be careful its still a meme stock :)
You are surely wondering how long this rally on GME and AMC could go! Let's look at the 2021 short / gamma squeezes to find out! GME rallied from Jan 13 to Jan 28 for 15 days and went up 24X at its peak! That was a gamma squeeze! AMC, on the other hand, rallied from May 13 to June 2 for 20 days, during which it went up 6X at its peak. That was more of a...
HERE is the always the most popular chart I end up sharing. GME. It seems a break out is about to occur and the buy target is basically now or very soon. Downside is minimal, price is at trend support. Looks like a lot of upside potential. I like $20. And then there is always potential it really cooks to 64. but don't count on that. Focus on the trends, and...
Interesting day. Roar Kitty's superpowers managed to break AMC's downward trend, creating a well-defined symmetrical triangle and taking us to levels of 6.44 USD during the session. However, the game is set, and this stock could return to levels of 38 USD Just be careful
When you go to the movies do you want to sit right up on the screen or back a bit in the middle of the theatre? If you zoom out to the daily chart for AMC, you start to see past patterns. AMC below $4 is and interesting price. From $4 AMC is 50% or 100% away from recent highs. A price below $4 is even farther away from recent highs, percentage wise. Always...
Shares of AMC Entertainment Holdings Inc. ( NYSE:AMC ) is up 47.77% amid a meme-stock rally on Monday that also sent shares of GameStop Corp. skyrocketing 81.6%. The rally appears to be driven by the return of Keith Gill, also known as Roaring Kitty, to social media. On Sunday, Gill, whose analysis of GameStop created a national phenomenon in 2021, made his first...