AMC
AMC 1W IC&BOLL crossAMC Is starting to test on every time scale for the BOLL and IC. What I am looking at next are those 27,30,40 price ranges. If it takes multiple days for that then it could change obviously. But the 1W Bollinger and ICHIMOKU cloud crosses are ones to look out for breakthrough and or rejection
AMC testing the BOLL AMC has seen some serious percentages lately, every band has been tested on the 1D, 240, 60, 15, 1 minute timeframes. The middle band looks to be the current resistance right now and could possibly want to test the daily high and upper band.
Bull Flag on 15 Min? (GME)Anyone else see a bull flag forming on the 15 min, and a break to $170 after hours or by Friday?
Not Financial Advice, just sharing my ideas
WEEK OF 11/29/21 - AMC - looking for Wedge BreakoutLooking for wedge breakout that has been forming since early June 2021. Impulse move coming near you. Has retested both sides of that wedge multiple times. Now looking of a breakout. Could go $100+... Not financial advice!
AMC break out on the BOLL AMC has been getting lot of momentum and is still on the upper BOLL opening today. We could see a move over the BOLL and recent highs into the last supper area we had. Roughly %30 to that area. With the MACD still under on the 1D it could get that 30% in this 1D candle to keep the momentum
We broke a 84 Day down trend!We are now attempting to break out of this 3 month consolidation! Lets profit !! (Hopefully)
$DWAC Looking For Break Out $DWAC has been hot relative to the market. After seeing $AMC & $GME move this week, it's very possible $DWAC could catch momentum.
Right now the key level is $73 and a decisive break above will potentially lead to a continuation to $85.
If Markets open green it could be a rocket🚀
Target #1 ~ $85
Target #2 ~ $95
AMC TESTING UPPER BOLLINGER BAND Today was a very impressive day in terms of price actions. 20% in a 24 hour time is a lot to take in. With AMC being on a lot of eyes. It’s more likely to see higher and higher price action over a corse of a few days at people see the price movements. Even though people will be taking profits. The FOMO of retail wanting a piece of AMC could send price action to the next test points
AMC testing on the BOLLINGER The BOLL seems to be a super good way of finding potential areas of where price is and can go too. Right now it’s testing the Middle BOLL on the 1D and could get rejected or make its way to that upper band. With multiple green candles trickling up on the daily. It’s likely to see that move to that upper band level before coming back down to the lower on the 1D.
AMC WykoffAMC is getting to resistance as it nears previous higher support levels. It’s in the IC on the 4 and completely blew through it on the 2 hour. And on the daily it would be mid $18 to even reach the IC for rejection. It’s 100% possible to reach $20 but also the chances it testing the bottom again seems likely. We could see price action stay where it is this week then by end of this week or next see it actually test the $12 price range if this level of price range get rejected this week.
AMC & Ethereum Classic CorrelationI believe institutions are using Crypto for the purpose of leveraging their positions on meme stocks.. like AMC. Ethereum Classic, is one that has been extremely correlated with AMC's price action lately. As you can see here, ETC started leading the way in February of 2021, and shortly after it dropped, AMC began creating the same patterns. They were traded against each other up until November 15th, when they started tracking identical (in time). In our current state, both seem to be very correlated in pattern movements; they are still tracking identical. However, I believe things are about to change. ETC is up 20% today (Saturday March 19th, 2022). I think this upcoming week we will start to experience their correlation (in time), slowly stray away from one another. The pattern tracking will continue, except, it will occur on different time frames. This process would allow the institutions to, once again, trade the two against each other in preparation for the next runup, or.. the squeeze. If true, the manipulation of AMC would seem inevitable.
AMC Entertainment close to Buy AreaIf you haven`t sold AMC here:
Then you should know that we are now close to a strong support area where a lot of traders bought the stock in 2021.
My buy area is between $9 and $13.60.
Looking forward to read your opinion about it.
Game Stop TANKING! Earnings FAIL! RUN!Don't be a fool. I would be running for cover if I haven't already ( I shorted this thing). Their earnings just got spanked and the stock is going to open way lower tomorrow morning. Don't listen to people telling you to buy as they are likely unloading on you and you will be the one holding the bag. This thing is going back to the $10-$20 range before possibly going out of business. They will try to live on the capital raised when they issued new stock into the market. So much for the SEC protecting people right?
Anyway, you know where to find me as there are rules on TradingView. Like, Follow, Share a comment with others of what you see going on. Watch an ad too. Its free content!
Gamestop, GME, Stocks, Market, AMC
AMC Networks: Bullish Gartley with Bullish Divergence on WeeklyAMC Networks has been holding tight within this range for a long time even during the recent volatility of the stock market this year and the presence of a Gartley coupled with the Weekly Bullish Divergence would imply that the Breakout Direction would likely be to the upside
AMC LONG WYCKOFF ACCUMULATIONHello Apes and regular investors. As you can see right now we are in the accumulation period. Soon we will get to the moon!
Let's start that all phases are here and it is moving like it is supposed to do. Frankly, I am 100% sure that we will shoot soon. There is only one thing in my mind and how long the bull ran will continue.
I believe it will be fast, but it can take 1-2 months before the squeeze. We will grow little by little and then there will be FTD and after that, there will be a run.
Let's look at the data that we have. From the ORTEX
1. SI % of FF - 20.9%. At the end of May from 19-21%
2. DTC is 2.79 it is good for a short squeeze. In May it was 1.7
3. On Loan number is huge.
The only thing that I don't like is that there were more FTD before the run-up in May.
We had wyckoff accumulation in BTC and you can look and see how much it run after that. But it wasn't that shorted. See new highs soon!
Not financial advice!
HYMC what was all that hype? AMC Entertainment purchased 22% of Hycroft Mining (NASDAQ: HYMC) of northern Nevada.
Eric Sprott is also making an investment in Hycroft equal to AMC.
AMC will receive an additional 23.4 million warrants in Hycroft at $1.07 per share.
The price of HYMC is now $1.52 and the market cap 91.825Mil.
I wouldn`t be surprised to see a spike to the $3.90 resistance.
Looking forward to read your opinion about it.
$HYMCW (Warrants) Next Target PT .60 Long term PTs 4-8 and higheHycroft Mining Holding Corporation , together with its subsidiaries, operates as a gold and silver producer in the United States. The company holds interests in the Hycroft mine covering an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2020, its Hycroft mine had proven and probable mineral reserves of 11.9 million ounces of gold , and 478.5 million ounces of silver . Hycroft Mining Holding Corporation was formerly known as Mudrick Capital Acquisition Corporation. The company was incorporated in 2017 and is based in Denver, Colorado.
AMC Theaters ( AMC ) is getting into the gold mining business. The theater chain announced it bought a stake in Hycroft Mining Holdings ( HYMC ), a precious metals company.
AMC's CEO Adam Aron wrote on Twitter , "AMC is playing on offense again with a bold diversification move. We just purchased 22% of Hycroft Mining (NASDAQ: HYMC ) of northern Nevada."
Update on PMs vs Cryptos right now. Gold, Silver, BTC, ETHI designed this custom chart to monitor the relative strength of top precious metals gold and silver versus top cryptos bitcoin and ethereum, to their respective ratios.
As you can see, there is a compression triangle of sorts that has formed and looking to determine which way it will break out.
The bottom is supported also by this arc spanning a much larger time horizon.
The fundamentals favor PMs.
All this together leads me to believe we are headed UP in gold/silver relative to cryptos.
None of this is financial advice.
If you're seeking a platform to trade between cryptos and precious metals (and fiat if you like), check out Kinesis. Their gold and silver on blockhchain are real, allocated, audited, and deliverable (at a very reasonable price I might add). Really the best of the best. Check out their informational videos to learn more:
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BIG MOVE COMING FOR $AMCCould see $300 in the near future once the corruption is weeded out of the market.
AMC Wykoff If this plays out as wykoff a bounce from below this line is usually strong. A 18% minimum increase to next resistance seems likely.
I BELIEVE AMC/GME SQUEEZE IS COMINGI believe a crazy short squeezing is beging this week. I have been wrong plenty of times so it could be wrong again but I believe we are playing the opposite fractal as GME squeeze last year.
AMC - Finding Bottom SupportAs I mentioned in an earlier post, AMC seems to me to be near a support point at this price. I think it could drop lower than the 13.40 mark but that should prove unlikely. If it does look for new Support near 8.0 More likely, it will find support at this stage and trend back up. However, seeing AMC move higher than 30.0 would in my opinion be surprising. This stock will not see the booming gains as it did in the past. So, I would place Resistance at around 30.0 for now.
Be mindful. ANY stock position is vulnerable to geo-political actions by Russia, China, or even Iran. The world stage is set for conflict. Any kinetic action by other nations would have a negative volatility influence on the markets.
These statements are not suggestions for holding positions. They are my own analysis thoughts. I do not hold any position in AMC.
