AMC still in the make or break !!! Small update compared to my previous chart. Note that this is a speculation play based on the cycle theory but I still we are in the right direction.
The dip is expected and so is the breakout of the trend line to the downside. The coming days will prove this theory soo lets see !!! :)
Amcentertainment
AMC trade IdeaAMC is currently below 144 WMA and under selling pressure but it's not looking that bad, while you apply it to daily TF it's holding firm above 144 WMA, currently, AMC needs to break above $40.86 to get out of the current consolidation and then next it will face resistance at near $42.85. Get this indicator by visiting my profile under the Scripts section.
AMC Make or Break PART 2 OK, so i posted this one earlier in the second red circle a dip of 29.4% is the exact same dip before the June sqeeuze. Ofcourse this is a bit speculation but if the cycle theory is true 37.29 is the lowest point. If this breaks I believe the cycle theory is BS. In the upcomming 9 days we should see some upward movement and beginning of October it should start popping..
But all in all this is a bit speculative and I believe that the stock is manipulated and this theory could apply.
AMC LIVE TRADINGLooks like #AMC is slowly coming positive, We will see resistance at $42.37 and if broken we will see the next resistance at $45.01. Unfortunately, Live Stream on tradingview has an issue so same Live Stream of TradingView chart and Setup you can watch on YT, Click below YouTube Button to join Live trading Session on YT.
So many similarities compared to the previous runup patternThe WHITE line pattern indicates AMC currently. The GREEN line pattern( Which I purposely offset to see easier) was the exact chart pattern with a 5 minute time frame from May 13th to May 24ths breakout. I think we will see a little deep for the next two weeks and then come beginning of October... the just may be upon us.....
Friday-17th We should See some sideways controlled movement, possibly end of day push to send it down to get in to the Option price zone they want. Expect Monday the 20th to dip to the 22nd, possibly 23, then finish sideways for the week. Then Monday to Wednesday end of September she moves sideways, until, THURSDAY..... October FIRST, New month..... Then it comes alive....... unless they have plans to full on exit and send the stock down as much as possible, then we sit back and watch the MOASS play out.... Personally, I think this gets controlled until next year and possibly popping then full fledge. Could be a Tesla slow squeeze...... shoot, maybe hedgies default and not pay like China...... Heck does anybody really know anymore?
Too many similarities compared to the previous runup patternThe WHITE line pattern indicates AMC currently. The GREEN line pattern was the exact chart pattern with a 5 minute time frame from May 13th to May 24ths breakout. I think we will see a little deep for the next two weeks and then come beginning of October... the just may be upon us.....
Friday-17th We should See some sideways controlled movement, possibly end of day push to send it down to get in to the Option price zone they want. Expect Monday the 20th to dip to the 22nd, possibly 23, then finish sideways for the week. Then Monday to Wednesday end of September she moves sideways, until, THURSDAY..... October FIRST, New month..... Then it comes alive....... unless they have plans to full on exit and send the stock down as much as possible, then we sit back and watch the MOASS play out.... Personally, I think this gets controlled until next year and possibly popping then full fledge. Could be a Tesla slow squeeze...... shoot, maybe hedgies default and not pay like China...... Heck does anybody really know anymore?
AMC DAILY TIMEFRAMESNIPER STRATEGY
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NYSE: $AMC Looks Mega-Bearish 🐻 & Could Retrace Back To $17AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.
Corporate Governance
AMC Entertainment Holdings, Inc.’s ISS Governance QualityScore as of July 1, 2021 is 10. The pillar scores are Audit: 4; Board: 10; Shareholder Rights: 6; Compensation: 10.
AMC
This is my price prediction for @AMC stock for upcoming months/weeks
1) Overconservative 83.51
2) Conservative approach 85.75
3) Main 99.39
TIP:
4) 1000 $
AMC/CMA
CMA stands for "Cover my a**," which is another way to say "Help me out" or "Protect me." It is typically used when a person detects some type of danger and asks another person to help him out.
Here is no coincidence
Buy and Hold. :)
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