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AMC

WIX -WW- Potential Dual BreakoutNASDAQ:WIX ------- All, Been AFK for quite a while didn't trade much since December just converted to cash after a few medium L's around Jan. **I think an obvious disclaimer here is this is contingent on the market/war/fed data not being bad after this. Too fragile right now. On this one I think we have a really good Supply/Demand area and possible breakout. Pretty decent fundamentals overall. I would be looking mainly for an options play w/ cover or just stock. OPTION #1 --- BREAKOUT **Only would take trade on retest of breakout. Target 1: 110 Target 2: 122 Target 3: 134 unlikely without news/huge market news. OPTION #2 --- WEDGE PLAY Assuming breakout fails and it may. I am going to most likely buy the bottom of the wedge/triangle seeing as its a pretty great spot for demand.
NASDAQ:WIXLong
by DigitalData
GME Long Term Mega FlagWe have before us an ordeal of the most grievous kind. We have before us many many long months of struggle and of suffering. You ask, what is our goal? I can say: It is to wage war, by buying, holding, and then buying again with all our might and with all the strength that God can give us; to wage war against the shill and suits that bend us over everyday, never surpassed in the dark, lamentable catalog of human crime. That is our goal... GME has been the most frustrating, Challenging, and possibly the biggest trade I've ever been in. That being said my conviction has never been stronger going into the rest of the year (Especially the short term outlook)... NFT market place, Stock Split Dividend. I'm adding to my position every week because I can. Nothing but time costs me to hold my shares, we will be on Banana Planet sooner than you think. I currently expect a continuance of bullish price action going into the split dat of the 21st, then a slight dump back down into support right before we make our final ascent into the atmosphere on the journey to Banana Planet :Price target $420 (Post Split) $1700 (Pre Split) Good luck to all my Apes, and to the Shill Shorts...I hope you get out before we burn your positions to the ground.
NYSE:GMELong
by Captain_Cam
27
AMC - Will the algos play in our favour?As seen in the chart, we can mark out historic fractals that look to repeat themseleves over different lengths of time. Fractal theory has been around for a long time now and no moonshot predictions have come to fruition. This is soely my own theory and should not be taken as finacial advise! - AMC has shown strength in holding the bold white trendline support from the lows of 2021. - AMC has regained an important support level in the 14.50 region. - AMC continues to improve fundamentally, we should have good earnings this quater with the amount of high grossing films that have released. Also a good start on debt payment and investment in other companies. - Retail is still strong and continue to support and hold AMC stock. Blue fractal box includes our march spike up to 33$, i believe this is the same move as the january squeeze but we were pinned back. We are now in the purple box which follows Feb - end of March 2021. After this we have a small pullback from which we experience our next run. This also lines up with my wyckoff analysis on lower timeframes where we look to be in a micro SOS. Im hoping we continue our momentum up to 20$ before a small pullback which would be BU/LPS. From here we can experience a pop like June 2021. PROBABLY WRONG, NOT FINANCIAL ADVICE, ALL MY OWN OPINION!!!
NYSE:AMCLong
by webba008
AMC - APE stock splitSo AMC decided to do a clever trick and take advantage of the hype coming back into stocks and even meme stocks. Retail traders have taken a hit, with many retail-heavy companies like Gamestop, Coinbase and Robinhood, etc., taking massive hits. However, GME has been doing well, COIN doubled off its lows, and HOOD looks decent. As stocks are bouncing and the bull could be back, AMC decided to do an intelligent stock split by issuing new preferred stock they can sell. They named it APE, like the Apecoin, a popular NFT-related token, which could create a lot of hype around it. Essentially, it is a trap for retail to go and buy APE without hurting the price of AMC as much and allowing the company to raise the cash it needs. Last year, AMC dumped all of the company shares onto retail on the way up and raised 2B dollars that it has essentially spent and needs fresh cash as it still has a lot of debt. At the same time, they made this look like an airdrop, and it is like an airdrop, but one in which the company controls the majority of the shares. The company's price looks pretty good regarding TA, as it bottomed nicely. First, it had an 86% correction, which means the entire bubble popped, and there is no froth in the market. It retested some key levels and then reclaimed some key support levels. Since May, it has essentially been in accumulation mode, and today we had the confirmation of the breakout, as the market initially gapped down and then had a massive rally. In my opinion, this rally could last for a while, with the price increasing to 50-60$ before it goes back down again. It wouldn't be surprising if we saw the market go up for the next two weeks and top close to the date of the airdrop/split (22nd of August).
NYSE:AMCLong
by BitcoinMacro