Get started

AMC

AMC Stock: Reversal in Sight? Long Opportunities Ahead!Hi fellow traders! 🚀 AMC has been tunneling down in a steady downtrend on the 1H chart, but things are looking up! Recently, AMC broke out of its range, found solid support, and respected a new bottom – a promising sign that a reversal pattern is forming. Here’s the current technical setup: Support Levels: $4.00 Resistance Levels: $4.30, $4.63, and $5.00 $5.00 aligns with a higher timeframe Point of Control (POC), making it a critical level to watch. The stock has shown strength at the $4.00 support, suggesting a good base for long positions. The price action is beginning to favor the bulls, and if momentum builds, we could see AMC test higher levels in the coming sessions. 📈 Trade Idea: Look for long entries near $4.00 with a tight stop below this level. Target the resistance levels sequentially: $4.30, $4.63, and $5.00. Watch for volume confirmation and further signs of bullish momentum to validate the move. 🌟 Sentiment: Positive The technicals suggest we may finally see a shift in trend. Keep an eye on $5.00 as a significant hurdle, but the path to the upside looks promising. Let's ride this potential reversal to the moon! 🚀 What do you think? Share your thoughts in the comments! 💬 #AMC #StockTrading #Reversal #BullishTrend
NYSE:AMCLong
by Crypto21Official
AMC Stock Watch: Potential Breakout OpportunityAMC Entertainment (AMC) is showing signs of a potential breakout. Currently hovering near the critical resistance zone of $4.80-4.95, monthly close above $5.35 - $ 5.50 levels could ignite strong upward momentum. Given the technical setup and market interest, a breakout could propel the stock toward the $11–$12 range, representing a significant upside. This move would likely attract both retail and institutional traders, further fueling the rally. Key levels to watch: Support: $4.80–$5.00 Resistance: $5.31–$5.35 Target: $11–$12 SL: $ 4.25 As always, monitor volume and broader market conditions to confirm the breakout. A strong close above resistance, especially on high volume, would validate this thesis.
NYSE:AMCLong
by RNB98
2
AMC, December 2024Close one, with the timing of the Debt for Equity at 5.66, GO plan, big box office movies and a peaking stock market, there's a bullish lotto play short term with at least a 100% returns. Up to the $9 - $13 range. Could last until January, but we all know AMC runs quickly, then falls as quick. The reason for that fall would likely be economic conditions getting worse and the market finally falling. ---- It is safe to assume that AMC will also feel the effect of a recession although it has proven in the past that it could care less (check out defunct symbol : AEN, October 2000). ---- Still it is wise to remain cautious and expect rejection near $11 and be ready to catch the dip. As AMC is poised to recover along with the movie business through 2025 - 2029. ---- If their mission is successful and AMC can survive through harsh months coming up, then this ticker will play a major role in a potential movie bubble that is brewing. ---- Nothing is guaranteed, there is always a lot of risks investing in non-profitable and debt ridden companies. Thankfully AMC has seen a slow but solid return to balance sheet cleanliness. Less expenses, more streams of revenues and debt is being pushed out and actively paid. There are probably more rounds of dilution coming up along the way, this is when you should have your cash ready. Because when the box-office numbers start popping up again and resume their pre COVID climb, AMC won't spend much more time down there. ______ This is not financial advice.
NYSE:AMCLong
by Ilyassou
2
$SPY $537 Fair Value Gap fill incoming imoFVG sits below at $541.61-$536.89 ..... Current 6 count could prove bearish into the 7th count on 10D chart. Very interesting chart showing what would essentially be a Bearish Harami off this Inside Doji. The 10D candle starts tomorrow 7/23 and ends 8/7 so basicaally accumlate as many puts as possible between then and now. If we move above the Open on the Doji at $554.54, then we can start talking about bullish behavoir. For now though, the gap above at $566.7 was rejected and I will be looking for a downside move from here to $540 as previously noted in a recent session. Chao.
AMEX:SPYShort
by TazmanianTrader
2
PULTE GROUP (PHM), THIS DUDE GIVES AWAY LOTS OF MONEYYou can follow the ceo on twitter. He often has live streams where he obviously talks about his company among other things. He also gives away a lot of money. It seems he genuinely cares and enjoys giving away money. It seems partly for his image, but imo, he created a win/win. With the amount of money he has given away, he's earned some good publicity. (I've never received money as a disclaimer, I mention this because a lot of his twitter feed is about giving) He talks about GME and BBBY often. Flys a chopper. Won't give me a ride. For his stock. Honestly, he seems awesome, but his stock is getting to the scary zone. Now, I say this because even though it is a scary zone, there is a lot of potential upside momentum can carry the price to. So, earnings on the 23th is important to note. It will likely have an effect on price. I assume from the looks of things, price might see a decent upside movement to 125-145 range and then see a significant downside before recovery. I think I labeled most of the important things on the chart.
NYSE:PHM
by nicktussing77
14
AMC - Week of June 17, 2024Its been a while since I published anything. I have been working on getting better at my skills and TA, just to be honest. Two years later and AMC looks attractive again. Why?... Well it derives from a bunch of degenerate cultist (like myself) who believe in the stock / company, the evolution of what we know as the theater industry, and same fractal patterns reoccurring. Oh yeah, and the correlation of GME and AMC being exact. So I will approach this PROJECTION (because thats all this is & NOT FINANCIAL ADVICE!) as a sympathy play to GME. See GME analysis on the next post. I begin doing a top down analysis. Here is the Monthly view on AMC. Currently price closed at 4.99 on June 14, 2024. lol Cant make this up! I simply see a Dumb Money sequel - Hedgies Getting Wedgies - Coming to an AMC theater near you. When we squeeze I see it AMC going to 174 - 154 per share price before it is met with great resistance and pulls back. Here is where the real test comes, we will see if with enough force AMC breaks this wall of Hedgies. Shall it have a blow the top off moment, it needs to stay above 195 to get to All Time Highs! I could be completely wrong and it goes to zero.... NYSE:AMC
NYSE:AMCLong
by AnthonyGarciaEth
4
BB set up for a move higher pre-earnings LONGBB on the 15 minute chart has earnings in three weeks. Price has been meandering sideways for two weeks after some significant volatility in mid-May. I believe it is now due for a change of phase/cycle as the earnings approach. I will place a long trade here targeting initially 3.10 just below a significant level to the left being the consolidations before and after the volatility of mid-May. These is the likely level where traders will again make trades in BB. The upcoming earnings should add some extra volatility into the price action which could translate into profit.
NYSE:BB
by AwesomeAvani
$AMC Descending Broadening Wedge FormationOverview: NYSE:AMC is currently exhibiting a classic descending broadening wedge formation, a bullish reversal pattern that suggests potential upward movement. This setup is characterized by two diverging trendlines, with the price making lower lows and lower highs within the pattern. Long-Term Target: Based on the wedge formation, our long-term target is a move back to the top of the descending broadening wedge, around the ~$300 level. This target aligns with historical price action and significant resistance areas. Short-Term Targets: Before reaching the long-term target, NYSE:AMC is expected to hit several key resistance levels. Our short-term targets are in the $10-$15 range, where the price is likely to encounter the major resistance trendline. Trade Strategy: Entry Point: Look for entry opportunities near the lower boundary of the wedge, ideally around current support levels. Short-Term Profit Taking: Consider taking partial profits as NYSE:AMC approaches the $10-$15 resistance zone. Stop Loss: Set a stop loss below the recent swing low to manage risk. Technical Indicators: RSI: Monitoring for oversold conditions that could indicate a potential reversal. Volume: Increased volume near support levels can confirm buying interest and potential breakout. Conclusion: The descending broadening wedge on NYSE:AMC suggests a potential bullish reversal, with significant upside targets in both the short and long term. Traders should watch for breakouts above resistance levels and manage risk accordingly.
NYSE:AMCLong
by STP_MrNodeItAll
GME new bullish momentum LONGGME 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 the POC line will be the initial stop loss to be moved to break even upon a price rise of 10% from the entry and then changed to a trailing loss of 10% upon another 10% price rise. I believe that GME is heavily shorted; Accordingly, a short squeeze could add to the push higher.
NYSE:GME
by AwesomeAvani
16