Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$AMC: Price Target 15.5$
AMC Entertainment
Long
$AMC: Price Target 15.5$
By Patriick2jz
Follow
Follow
Sep 5, 2022
1
3
2
2
Sep 5, 2022
🔥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$ confirmed by volume
🔥Price target 15.5$ (surpass 2.36 fib to retest resistance at 15.5$)
🔥VWAP broken o daily chart (Bullish signal)
🔥Vix Fix indicator strong bottoming signals on daily chart
🔥Watch for an engulfing amount of buying-volume
🔥VPVR support at 8-8.80$
🔥VPVR resistance at 10$ confirmed by EMA - Ribbons
*WARNING* This thread is not financial advice. I am not a financial advisor.
Thank you for reading.
AMC
amcapes
amcentertainment
amcidea
amclong
amcshortsqueeze
amcstonk
Chart Patterns
Technical Indicators
Trend Analysis
Patriick2jz
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.