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AMC

Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha. ************** Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it? To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on... Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed. Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild! Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon! Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down. Wherever the price goes from there idk yet! So we wait :) ************* Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right. Not financial advice as always. Please feel free to donate some BTC or ETH as always. BTC Address: 1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc ETH Address: (ERC 20) 0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
NYSE:GME
by jcjurevis
3
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.
NYSE:AMCLong
by Stocta
2
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.
BINANCE:ETCUSDLong
by TradingWithEmotion
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
NYSE:GMELong
by DefyingFinance
25
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!
NYSE:AMCLong
by alendostanov
3