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AMC

Do or Die AMCAMC was finally able to break out of heavy resistance 20 days ago and continue to hold that as support. Last week it finally turned support back into potential resistance. The downside to 29 is looking on the higher side of probability while there is still a small chance that it could break 2 levels of resistance and we could be looking at the 60.00 target again. Signal will be a break to either side. As you can see now though... we are currently breaking down. Happy trading!
NYSE:AMC
by Painfully_Average
2
Reverse Repos - ATH - KarmaGeddeon Bid Expands to $1.35 TrillionNon-Financial rated Debt, Corporate Debt will begin to roll over as GDP Forecasts, although no longer provided... does not matter, the Global Economy is once again on the Steep Decline. Supply Chain Issues compound monthly, with no end in sight. The answer is, Buy STONKS, they are the New, New, New, and Improved Liquidity Economy. Stocks are the Economy for most Americans. GDP is resolved with Gains in Zombie Companies buying Trillions of their own shares. 1.6 Million Options were swapped for Tesla Friday, 52% Calls. The Gamma Squeeze for protected entities is in trade. Yeah, Naw, we'll pass for now, wait for the Pullback into the Final Stage of this Historic Bull Market. Commodities are pitching a large Bis as the Safety Trade is back in force. There will be a final Blow Off Higher into 2022 as Debt Markets join the idiocy until it all simply implodes. 2022 is going to be a very difficult year for most. Perpetual Bonds are assured, the reset there will require a degree of patience while the "Distribution Phase" requires time. Insider selling remains robust, Retails are going All-in on the YOLO. Meme's will begin to roll over and collapse into the next Sell, which is ahead. We will see how long they can continue this Distribution . Margin Debt remains elevated at Highs. INever forget Crammer issuing Buys in March of the DotCom peak for the most bloated overvalued JUNK Stocks which promptly collapsed from $600 to $0. 2022... one for the Books after 5/5 completes.
FRED:RRPONTSYD
by HK_L61
2
Wow...just wow!NYSE:AMCAn absolutely spectacular flag forming on AMC. This one is going to explode and the boom is not too far away. Very confident on bullish gains on this active stock. Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period. Now that aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.
NYSE:AMCLong
by Rykin_Capital
2