Get started

AMC

Bullish statement for AMCAMC has broken out of an ascending triangle pattern with a technical target to $24.71 Coincidently $24.71 is the line of resistance the price has been stuck under since it put in it’s all time high. The crossover of the 21 and 55 ema on the daily timeframe is a very bullish statement for AMC. Furthermore, holding the 21 ema on a retrace will put the stock in a prime position for more upside action. I would expect to see a retrace to $16 to test support of the breakout structure but we all know how violently it can move so don’t bank on a back test. Not financial advice and just sharing an idea. Trade with caution and stop losses. Never trade with money you can’t afford to lose. Good luck everyone
NYSE:AMCLong
by Cryptarded84
HYMC heading for a breakout? 7/12/2022HYMC seems to have changed its trend. You will see that we have entered with higher lows and higher highs. This could signal a breakout above 1.10 testing its next resistance level at 1.19. If the momentum continues then I would say that we could break out of the 200 DMA. However, there is A LOT of resistance at the 1.19 level. The MACD just crossed over and I am getting signals on the 3, 13 EMA Cross. The volume also seems to be steadily increasing with today being one of the better days for volume.
NASDAQ:HYMCLong
by Adventure_Joe
AMC Technical Breakout incoming.I'm new to charting and to TA in general, as well as the entire market, only been in it for about 9 months. Just started learning TA about 4 months ago, so bear with me. But, as seen in my chart I do see a major technical breakout incoming, it should break this wedge on the 4th test upwards of the resistance line, break it hopefully, and upward skies from there!! not too, too many resistances holding us back from mooning if we break these next two resistances! Any and all advice, opinions, or comments are welcome, just no hate, don't got time for that. Thanks y'all :)!
NYSE:AMCLong
by WeNeedThat
4
AMC Analysis (30 Days) Daily CandlesThis is my analysis of AMC for the next few weeks. I am not experienced, and I have no financial background. But, I enjoy it and I would love any feedback you have for my charting/predictions. I think AMC is in a Bullish flag similar to the one we saw in February. Right before it spiked up to $30. The MACD just crossed over on the daily last Monday and she has been holding very strong all week. If AMC is in a Bull flag then we are looking at a very good week. If it bounces then I would expect AMC to test the 200 DMA and its next level of resistance at $20. My magic date for this is July 13th. I appreciate any thoughts!
NYSE:AMCLong
by Adventure_Joe
SPY Wave Theory Update: Impulse Wave CompleteAs my previous post regarding wave theory analysis of SPX, it seems that impulse wave defined by B (White Secondary Cycle) has seemingly reached its peak. My analysis is inferring a "Double ZigZag" corrective pattern following the end of our primary cycle represented by Yellow path. Double ZigZags typically retrace anywhere from 0.50 to 0.79 Fib levels in respect to its primary impulse wave upwards. Highlighted boxes show both BEST and WORST Case scenarios for this pattern to reach its finale, once bottomed, our final corrective wave within the zigzag would be shown as "Y" (Yellow Primary Cycle) Using solely wave theory to find bottoms and corrective patterns can be difficult which is why I look for confirmation elsewhere, such as declining volume as price rises which we can see has happened in our most recent impulse wave B (White) , as well as RSI topping out in respect to its trendline, further confirming the trend. Next zones to watch are Fib levels between 0.50 (3500 SPX) , 0.61 (3200 SPX) and 0.79 (2800 SPX). Refer to my previous post which I included as a related link for further explanation.
SP:SPXShort
by chartxzy