#BBIG - SHORT!!!!Here you go Javier, published just for you buddy!
Short on BBIG for a number of reasons, mainly technical more so than fundamental.
Technically speaking;
- Runaway gap formed during the Jan 2021 bullish move that was partially faded, but still left a gap between $1.60 & $1.95. 2 other minor gaps (Orange boxes) formed this year also, equating to THREE gaps in price total.
- Previous ATH was $11+, with bulls only managing to get it over briefly, and failed to create any relevant support to build on.
- Currently in a bearish wedge pattern, which if unable to reverse at this key $4 level, could result in lower levels being tested for support ($2-3).
MY ONLY BULLISH SENTIMENT is that at current price levels, we could see a new bullish wave form bringing price back up to meet the $5 or $6 levels again, which would coincide with my TA well.
So there it is, on an INTRADAY/TRADING mindset, im very bearish on BBIG, however, if my TA come through, i would be flipping my stance to a bullish outlook around the 1-2$ levels.
AMC
AMC more downside move expected to 25www.tradingview.com
AMC can fall more downside to $25.43, This is where the best buy entry for those looking to enter in AMC trade. Look the previous Idea I have attached.
AMC PRE MARKET FORESIGHTFor today I am currently looking at the November job report earnings, which can determine the fragile state AMC is in as of right now.
Great fundamentals pushed the stock up yesterday regarding a bill being passed regarding government spending.
Take:
AMC is as of neutral position right now.
Bullish side:
Great put / call ratio.
Government spending bill passed.
Double bottom.
MAC-D and RSI looks to be bottomed out, but kinda too early to determine a likely scenario.
Following the Wyckoff schematic as of current.
Green Doji on the daily
Bearish side:
We could see more market volatility regarding the Chinese FUD. Which in my experience can affect other stocks in the market aswell.
Bearish pennant graph
Add your bearish preview here:**************
Not financial advice, but feel free to message if you guys find any bearish scenarios.
Till next time
AMC300 LFG
Monkey christmas. AMCWOWOWOWOWOWOWOOW DEC 20th - 25th is exciting.
Santa keen to bring some nice warm tendies for christmas.
My sack's big, but santa's tendie sack is bigger.
Follow me to keep updated
A lot to say about AMCMy previous analysis provided the means for a strong downward price action acting in as the spring phase, and clearly mentioned that it could probably even touch 26, which holds correct.
AMC is currently completing a wyckoff re-acummulation with spring schematic, where this will cause some investors to bail out from their current positions and one where institutions can buy in your same positions for their future profits. Allegedly, supposedly.
Now, as per analysis, this is expected, and we can have a strong mark up over the creek.
Accumulation is occuring on certain indicators such as;
OBV rising, as per this the price should be atleast more than 50$ but i guess not.
ACCUMULATION/DISTRIBUTION indicator below 0
MINISCULE VOLUME causing drastic price actions?!
And based on other options data,
Nigh 0.5 Put/call ratio, which is super bullish
and a decreasing max pain to early 30$ levels.
Now what all this means is that this is clearly not over.
Far from it and these hedgies are clearly fondling our testes to see if itll pop.
I personally am holding, and wont sell for anything less than 300$
Expecting this to be the continued trading range for the rest of the week,
Mark up on monday perhaps.
You may be wondering time to time, why these things run after hours. And this is all very complicated, as it depends on the communications between market makers and other financial institutions. This is all corrupted in my best of opinions, everything goes in accordance to the composite man (Also Allegedly, Supposedly)
Not financial advice
AMC300
LFG
AMC BreakdownWe can now see a clear head and shoulders pattern executed on the weekly time frame. The stock has bounced slightly off the 55 weekly moving average currently finding support at around $29 which was the previous swing low from August. The technical target from the head and shoulders pattern would bring the price to around $16.
Levels of support :
If we fail to hold support at $29 and lose the weekly 55 moving average we have $20 which is a previous swing high as labeled (top of previous pendant wick) and $14.33 ( previous swing high from first pendant.
AMC: Allacciate le cinture!Prima che la bolla scoppi, bisogna darle benzina!
5a onda in arrivo: target 91 dollari
Mi trovate in questi canali:
● 𝙏𝙚𝙡𝙚𝙜𝙧𝙖𝙢 (in privato) ➡️ @fantasyste
● 𝙂𝙧𝙪𝙥𝙥𝙤 𝙩𝙚𝙡𝙚𝙜𝙧𝙖𝙢 𝙞𝙣 𝙄𝙩𝙖𝙡𝙞𝙖𝙣𝙤 ➡️ 𝙝𝙩𝙩𝙥𝙨://𝙩.𝙢𝙚/𝙩𝙤𝙩𝙚𝙢𝙩𝙧𝙖𝙙𝙞𝙣𝙜
● 𝙔𝙊𝙐𝙏𝙐𝘽𝙀 ➡️ 𝙗𝙞𝙩.𝙡𝙮/𝙩𝙤𝙩𝙚𝙢𝙔𝙊𝙐𝙏𝙐𝘽𝙀
FCEL BuyI'm looking at a second buy on FCEL with the potential for a nice gain. This is following my strategy requirements and it is also showing us some hidden bullish divergence also. Price has provided a nice discount and I'm looking to buy at market open. I will wait for a nice bullish candlestick pattern before confirming my entry into this trade. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade tomorrow.
GENI BuyLooking at a day trade position on GENI, it's following my strategy entry requirements. This has very nice potential, I would however wait for solid entry confirmation. I'm waiting for the price to potentially bounce off the support and provide me with a nice candlestick pattern to allow me to enter properly. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade.
AAL BuyI'm looking at a potential buy on AAL with two potential entries. This is following my strategy requirements and this company is a very good long-term hold, in my opinion, if you get in at a discounted price it will be worth it as long as you sell before the potential market crash. This stock should go back up as vaccination rates climb, so it should be decently safe for a long-term hold if you decide to do that. You can also look at this for the short term and treat it as a day trade because it should just continue ranging until it breaks up higher (if the market agrees with my analysis.) I'm simply going to enter when I see proper price action, if I can get something like a bullish engulfing pattern to show me confluence with my entry then ill go for the trade. If not I might just leave this thing alone. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade tomorrow.
AMC - still in a correctionThe price of AMC is still in a correction, forming the 4th wave of the downside. It looks like the second target might likely get hit soon.
AMC Weekly AnalysisMy view on AMC,
I'm still bullish, in fact I expect price to continue up further
The recovery from all time lows on AMC has been spectacular
White bars pattern placed for price move expectation
DWAC Epic Market On Close VolatilityInto the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a rotation into a competitor? Or is it a rotation from meme stocks such as $GME, $AMC, $CLOV, $BB, and $BBBY that have recently rolled over? Either way, this is nothing short of epic volatility.
AMC headed to $27.86?I really don't want to speculate, but by looking at the chart and few of analysis, I believe we are headed to $27.86 or lower. I had sold it at 40.42 though waiting for the better re-entry either at 27.86 if not then at 24. 100%.
The Clown show is almost overAMC has broken out of the top wedge of a broadening wedge.
Also fib levels of importance have sold off at 382 and 618 levels.
I have been consistently bearish on this and am waiting for the clown show to end.
Megaphone PatternNot a financial advice
Megaphone pattern are common in wyckoff schematic to create uncertainty and volatile conditions which helps the composite man to exhaust bulls and trap shorts before the markup
Reaction @ 0.382Not giving any advice. Just playing with charts
@HK_L61 - Fell free to step in any time you have a chance
@HK_L61 - Fell free to step in any time you have a chance
AMC - Sub 33 By End of WeekThe carnage is gaining causation.
Meme Stonk of the Jungle is beginning the next move lower.
80% Wholly owned by Retail Apes, Chimps, and Monkeys.
"Stick it to the Man"
___________________________________________________
Yeah, naw, that is not a Plan.
AMC has formed a pennant flagzooming out on AMC I see it has formed a pennant flag. This has been a wild ride. still holding my position.
AMC clean breakWell it happened. Clean break below the bull pennant on increased volume and found support in the $33 area. This was also due to the market selling off so take all of this how you will.
AMC exponential time Expansion AMC is currently in Cycle 6 and is expanding exponentially by a factor of X^2. The next 10 weeks are the unknown then we get back into cycle.
