AMC (Buy before the Breakout).AMC is at a low of $35.95 (pre-market).
Placing an order at or near pre-market will assure the lowest price before the breakout.
A breakout of nearly 30% by weeks end is within reason by placing a bars pattern (black bars) copied from: September 13th, to September 20th. The key is FLIPPING the price trend, this would also account for the R.S.I reaching or getting near the 30% marker or crossing the red trendline (resistance). Divergence on the relative strength index would be ideal, staying BELOW the red line.
Possible trading could be predicted by placing a copied bars pattern from September 30th to October 26th (purple bars).
Extended redlines from the symmetrical triangle can be used as support-lines.
*This should be seen STRICLY as a Trading Journal, and not any kind of real Trading Advise.*
related AMC published idea linked below:
AMC
AMC Future Move?Look at the similarities, where it retraces and bounces. Also the George Dubyah (aka Double Bottom). Looks like crap but it tends to be following same pattern but longer since HF dont want this to move like it did. Think of it as trying to make the fight longer, but at some point it ends. I feel like the breaking point where they start to cover will be around $90-100 mark because GME battled around this area before it made its move higher up. Think its a psychological point where they will give up and start covering. After that, who knows where we will go.... Actually its the $118-132 mark without the shorts covering. With shorts covering, is a different question that remains unanswered. Therefore, P I C K Y O U R F L O O R , N A M E Y O U R P R I C E
AMC Playout structure 3.0 AND DATES FOR SQUEEZECurrently, we can see a triangular trading range, With this i expect price to rally, mid nov to early dec.
AMC if approached 250$ will probably follow this pattern, with disturbance at near 60 - 70$ level as scalp opportunity.
It will also be resulting in a double top as there are shorts to be covered, however the price can also occur at lower prices for second rally, possible at 120$ / second entry opportunity for me would be at $145$
This will be my framework if the 250$ target was to be reached.
#AMC250
LFG
Not financial advice
AMC PLAYOUT STRUCTURE 2.0 . AMC 300$ / FIB RATIOS? / OptionsThis structure is taken in regard to fib ratios, its possible and i reckon is good as a backup plan if prie action seeks the top of trendline.
With most Call options expiring for 145$ OTM with some being large institutions, we can assume that Institutions in this regard will be looking to exit safely out of this trade with 145$ being positioned at the 0.618 / 0.5 fib ratios.
In addition to, it meeting the top of the trendline... So who am i to say it wont happen.. right?
#AMC300
Not financial advice.
LFG
AMC INTRA SQUEEZE OPPORTUNITIESHey guys, when the squeeze comes i will be looking to make quick bucks off of the squeeze on day to day trading.
This is the time period where volatility could either be your best friend or worst enemy, and is highly not recommended for newbie traders.
For experienced ones this will be a great opportunity to accumulate your wealth, and I have listed my playout structure for the squeeze within the graph.
#AMC200
LFG
Not financial advice.
AMC Shall Repeat? Blessed Are The Pattern Finders! I have found a very interesting correlation to the triangle pattern formations with AMC price and the wave structure within the TMA RSI Divergence Indicator. It would appear we are priming to pump! We need to fill that gap at $38.75 and from there I think we could head up but not necessarily in a straight line. Stay Blessed! NFA, DYOR
Going Long on AMC Entertainment Holdings, Inc.As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future.
Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up.
Consolidation is a very healthy sign and signifies accumulation and demand zones in play. The longer the accumulation the bigger the rip upwards. From May until present day, we ripped and have been accumulating. I bet you can guess what it going to happen next. I’m bullish. I like the stock.
AMC Cycle Predictionfound something!!!
to everyone who does some cycle pattern on #amc
please help me confirm this.
We are following the Jan-June cycle but I believed "algos" added an extra 35 trading days to June - Present cycle in between June - Aug.
We resumed following the pattern around Aug 19th and everything matched day by day since then.
AMC - BIG MOVE AHEAD $20 OR BREAKOUT AFTER CONTINUED RETEST FAILAll,
I would watch AMC over the next two weeks. I think a big breakout is coming one direction. It's in a BAD spot here though. If this doesn't quickly break back up could see a big downside move again. However, if it can regain and go for a retest of previous highs/gap and somehow break 2nd level could see big gains.
They really just need to do a reverse split and get AMC to a low float stock then it would be over. They need to get the float down in some way or another.
WISH OPTIONS NEXT WEEK - WEEKLIESAll,
I think WISH hits $13 or $15 OTM then either:
A) forms head and shoulders
B) ascending bullish tri breakout to 17 range
Obviously undervalued massively shorted for whatever dumb reason.
LFMD - WAVE C ENDING - BUY SOON OR OPTIONS LONGER TERMAll,
LFMD had game changing fundamentals last quarter but still under downtrend resisance #2. This is a 3/4 retracement wave C should be ending RSI tells the story on the daily. I am watching EXTREMELY closely here. I think this is going to pop worst case is a double bottom at 7.7 or near it in which case I will absolutely be all in. Fundamnentally/valuation wise I personallly see LFMD at 14-18$ range and probably will go into 20's again from demand/lower float than most in category.
As always watch the entire market first and do not enter too early. Just wait for the stars to align and for the break up to happen. Also remember almost everytime on breaks there is the first wave up but wave 2 is almost always a better and safer entry (depends how fast it moves)
GME - BIG MOVE COMING - QUESTION IS WHICH WAY?All,
I think in the next two weeks we will see GME break under or break up hard to say right now there are some confluence supports, but personally don't suggest anything until we find the break or have options on even ration call/put then sell one once confirmed. Persoanlly I think it falling to $100ish level would be better, because the bounce from there could be massive for options and volatility in general.
We will see, but like I said it's a "wait and see" and get your coffee/tea/popcorn whatever you're into ready
AMC , almost 200% gain ahead , the fifth elliott wave!hey yall ,
here we are with AMC , elliott waves are drawn on the chart , so as you can see , the fifth wave hasn't been started yet and we're waiting for it . now we are in the 4th wave (correction wave) and price has made a triangle like the way it did in the wave 2 (correction wave) . the Entry zone is exactly above the triangle cause breaking above the triangle is a confirmation for AMC to start the 5th wave . target zones are also on the chart . now it can even go upper than the first red zone , that's why I wrote there "first target" . well , we'll have to see . when we reached the target , either it'll go up to the next target or it'll do ABC correction waves . so don't forget that the entry is exactly above the triangle !
if you liked the idea , give it a like .
and if you wanna see more of these , follow , heck of analysis are on the way !
also tell me your opinions on this idea in the comments .
Good luck .
Possible $AMC Squeeze In NovemberSimple trend analysis of $AMC.
I'm seeing many similarities in Jan-Jun as I am in Jun-Oct. If cycle theory is true, we could see a repeat of the last two squeezes playing out on the $AMC chart in November.
Will this be enough to trigger The MOASS?
Only time will tell.
The father of all SAGAsThe DWAC price tag of 175 in 2 days, is way above AMC and GME saga..!
and it pushes all other social media stocks into the red zone!
Trump vs Facebook, Twitter, Pinterest, and Snapchat
But everyone knows how it will end!
Best
Moshkelgosha
so whats up with AMC?AMC looks to be correcting, in my opinion we will see downside to either 38$ level or its strong support off at 36$, before shooting to the 50s.
This matches wyckoff accumulation schematic, eye for eye, and im astonished.
We should be looking to accumulate as the hedgies are doing before we skyrocket.
Not financial advice.
Lfg! #AMC200