BULLISH ON AMC AS USUALSame cycle to different periods. Watch out for next week. In may we did not have a good reaction to earnings the same happened here. NO COINCIDENCE
Amcentertainment
AMC short-term Trade Before it Dies!AMC will hit $52 before hitting the dumpster and reaching it's all time low this year of around $2!
AMC They Disabled Buying, We Disabled Selling. I have been here for nearly 6 months and have checked the chart daily if not hourly every day since. I've added lines, removed lines, tweaked lines. I feel fairly confident I found THEE lines. The weekly chart nearly speaks for itself. I cannot stress enough how massive this full pennant (Dorito chip) is. You usually see bull pennants like this play out over the course of a few hours/days/weeks. This has been flagging for a whole year and it is so tight and the volume is lower than we have seen all year. We shall see. I am long 50/50 this and GME. I hodl for all.
AMC holders - Final call to launch!Buckle up ladies and gents! Ignition incoming.
- 4 hour chart for all three charts final stages prior to runups.
- 60 day Moving Average indicates crossing at nearly identical locations in similar pattern structures.
HAVE FUN!
AMC LongBasically the same analysis as some others have already done, just reiterating their points. Massive bull flag and textbook consolidation. I agree between now and next week we will see a major movement one way or another, my bets are on a rocket to ATH. Stay vigilant apes.
We enter the end game, again.Massive triangle about to meet it's apex, it's do or die time it seems.
LBFOAT (LARGEST BULL FLAG OF ALL TIME) NEARING COMPLETION.When in doubt, zoom out. Never ever in my life have I seen a more bullish monthly chart. AMC must test $38 one more time, possibly with the most volume we have ever seen, really depends on how much liquidity hedge funds still have. An artificial intelligence-based portfolio that outperforms the S&P with no human input just today sold Facebook and Wal-Mart and went long on AMC. Must I say more? AI is the future. Patience fellow apes. Only a waiting game. HODL. 8. 01 . NOT FINANCIAL ADVICE.
THE CHART IS LOOKING SO BULLISHI think a 5 year old can predict the next move. The chart is looking so similar to the last run up not only on the daily but also the weekly chart. Everybody was predicting us going to 50's this week but the hedgefunds purposesly did'nt let it run to that number. To be honest everything is pointing to a big move up next week. We saw great momentum till 45 at monday then a big dip becuase of earnings but the thing is earnings was great. The hedgies will only pay the patient so just keep HODLING and watch that money go up.
HODL!!!!!We did a gap up and tested new highs.
The scalping bots and other algorithm traders have taken profits.
I believe this is a good entry point. More and more shares are being traded on
Dark pools and we have confirmation of a deficit of actual shares.
There is no telling when this will go down, but the automated renormalization of actual shares will be legendary.
Remember that as retail investors, we have very little means of competing with trading algorithms that do microtransactions at fraction of a second. This is quite literally a once in a lifetime opportunity because this scenario is of 4-sigma variation. An event of biblical proportions. If we can pressure the SEC to do their job and fix the over leveraged market to finally favor retail. It will speak volumes on the so called democracy that the USA was built on. We need to restore the trust in the dollar which was rooted on "GOD".
Regardless of the theo-philosophic school you subscribe to. Somewhere along the timeline, we lost track of those founding principles and instead traded them for a radically sense of nationalism.
AMC Long: Pennant BreakoutSeems like we're finally breaking out of this pennant forming over the last 5 or so months.
Not gunna pretend I know where this'll end up, but I like the looks of it
$AMC WILL RETEST ATH SOON! $AMC Every time the 20 and 50 Moving Averages cross on the daily chart AMC has created new ATHs.. After the break of $72 $AMC melted and bounced back to form a George W Pattern on the Daily. Get ready to see a break of the GW neck line around $52 then a retest of $72!!
See you at the LAMBO dealership APES!!
THIS IS WHAT AMC WILL DO NEXT 💸💸 (100% ACCURACY) 🚀🚀Look like NYSE:AMC has been consolidating in a triangle pattern which will mostly break out of on the long side.
For the apes that can't understand technical analysis voodoo: NYSE:AMC will very likely go down to the $35-37 support level, after which it will rally up to $55-$60. Just follow the arrows on the chart.
Good luck,
Your Ganbu
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AMC GOING UP What's up guys !
Price heads downwards making a descending triangle and I'm looking for a break of the triangle and the last higher high
A 1:2 RR is quite visible on here , what do you guys feel ?
[WSB] AMC Breakout! Realistic TargetsIn this idea we are looking at the AMC price, which has been moving in a symmetrical triangle from the recent breakout (June) until now.
We are looking for three confirmation-points on the resistance- & support-line. The chances for a breakout are fairly high.
The breakout was confirmed by touching the previous high at $44. We are still missing some volume to finally confirm the breakout.
The current positive sentiment as well as the upcoming earnings could be strong catalyst for the targets - shown in the chart.
Please manage your risk accordingly.
Ares
AMC Bullish? Let’s talk. So guys AMC, we’re in this triangle since June and we finally broke in the pre market… but can it be a bull trap? Tbh I kinda think that we will see cup and handle pattern today or tomorrow (maybe today on lower intervals if at all) so of course I believe the reward worth the risk, if I will see AMC breaks when the market open I will probably take the trade and set a stop loss below the triangle.
AMC to the moonAs you can see AMC goes to the moon!
AMC is full of naked shorts, they have to cover.
Now level 2 is coming, 2-300 per share, the price will be so high, margin calls incoming for shorts.
The moass price is in the sky.
AMC Entertainment Price TargetAMC Entertainment is sitting at its strongest regional support line and its ready to bounce to the next resistance.
My price target is 40.5usd
I`m looking forward to read your opinion about it!
AMC (Breakout to $73.00)AMC is trading within a symmetrical triangle/large bull flag pattern (blue triangle/yellow lines.)
The relative strength index is trending down (signaling an impending breakout).
Pink circles indicate touches on the trendlines.
Price target (within reason) is the previous high of $73.00 (green dotted line).
*the bull flag doesn't meet ALL of the requirements (but price is still showing a possible uptrend).*
#AMC Short Max Butterfly + Seapony + Gap Close
In this analysis, I have drawn a Max Butterfly as well as two Seapony variants, which could initially drop the price to approx. 27.29 - 21.44, and additionally close the gap at approx. 27.44 - 25.63.
Subsequently, I expect rising prices from 33.36, 40.94, 44.57, 52.91 to a maximum of 61.04.
If the range between 52.91 and 61.04 is reached, there is still the risk that the Gartley from the following analysis is confirmed or point C Formet and again falls to area D.
AMC (Breakout Deadline)AMC is attempting to breakout of a Symmetrical Triangle, with the relative strength index trending down overall.
Taking a copied Bars Pattern that has similar R.S.I Patterns leading to the downtrend currently.
For example: January 27th, 2021 to June 02, 2021 (the breakout) and adjusting the pattern, several scenarios will provide options.
This pattern is also the one leading to the upward breakout to the symmetrical triangle.
The red-bars are a very unlikely scenario, since it would mean a breakout to the downside (still a possibility though). However, it would mean a breakout to the upside next year (also unlikely to follow exact).
Price is more likely to follow the black-bars, with a small chance of a downside breakout (orange bars).
The deadline (green box) for either breakout would be October 28th, 2021 (Friday). Unlikely to extend out till Mid November, but there's still a possibility of price trading within the green box, so a breakout could occur Monday-November 1st 2021.
The likely scenario is for the relative strength index to bottom out at 30% (allowing a breakout to the upside). Expect the R.S.I to rise up with the
purple parallel lines, similar to previous patterns in the purple parallel lines. Additionally, there is a small gap (almost touch) on the purple lines leading to the breakout on the previous patterns.
Possible selling point Mid November, with a small window to buy back in sometime in December (depending on pricing patterns at that time).
AMC (2-day prediction).AMC 2-day prediction:
Price should stay within or above the green triangle, the R.S.I should stay within or above the green triangle as well.
Price should then follow either the black or purple bars pattern (ideally).
related published idea linked below:
