$AMC Still on Track. Coiling Up for Even Bigger BreakoutAMC is still perfectly navigating it's current channel through the textbook bull flag. Though it could break out sooner, the chart indicates it could consolidate up until July 13. Patience will pay off, as the longer this consolidates, the more momentum it will have to the upside. #AMCtoTheMoon
Amcentertainment
AMC the most important chart to see in 2nd Q of 2021This is possibly the most important chart you will see in Q2 of 2021.
…again, this is just my humble opinion.
This is another attempt from the Reddit community to manipulate the market, Big Bank style. The stock now displays traits of cryptocurrency altcoins. Please do not be fooled by the big players influencing the market, because the same rules apply to every financial instrument. They are governed by human psychology.
No one really knows how many stocks were influenced by big market players in the past decades. Notice that charts have been repeating the same patterns for the last 100 years. This situation has exposed the big market players and they are sweating.
In following recent AMC price history, you may come to understand hedge funds are manipulating the price. They may be setting a price ceiling and floor.
The value of any financial instrument is based on the simple principle of supply and demand, which cannot be faked.
Some traders have been mentioning Gauss in their analyses. Remember, the most important lessons for his trades were angular degrees and the 50% retracement level. Each day in the year is measured as 1 degree, while the full year is 365 degrees - which is a full circle. We are now approaching the half year, and more importantly a 50% rebound from AMC’s trend, suggesting a continuation of its upward trend.
Another important observation is this chart displays the classic flag formation, which most likely suggests further growth.
I think $88 or even $109 per share of AMC is very likely in the cards.
Some may say the price is set by the big market players, and it will not increase any further.
Do you remember the set level for EURCHF in past years? It was 1.20 - look at its chart now and see for yourself…
AMC's Bullish Pennant Breakout ScenarioAMC has been consolidating for more than 3 weeks now.. we've found major support at the $50 level and continue to ride the waves. It is only a matter of time before this pennant breaks out. This isn't over just yet, we are priming up for something big very very soon.. and it always happen when we least expect it.
AMC is ready to break OUTWhen in doubt, zoom out! Hedgies are losing this. I recently read an article on Seeking Alpha so FUD-worthy, it's worth a look. Look up "AMC: An Open Letter To The Apes - The Stock Market And Reality" I buy more and HODL. We've created major support by consolidating between the 50s and 60s which is good for us, bad for hedgies! Not to mention AMC is discovering new price levels! There is a lot to celebrate here, apes. The moment AMC hits the 70s, we're outta here! AMC TO THE MOON 🦍🚀
AMC TRADE IDEA 06/22/2021NYSE:AMC
- If Pre-Market opens lower there will be $51.91 to $49.59 Will be Support Levels.
- If the Pre-market opens Higher there will be 3 resistance levels at $58.74 - $60.51 - $64.51.
For any kind of High Volume breakout or further upside move, AMC must cross and close above $64.51.
The current volatility and volume as well as FOMO Buying dying at a very fast pace on AMC, there could be multiple factors, that since last 2 weeks price is mostly range bound and with a selling pressure AMC new buyers losing patience as well as new investors still in doubt and don't want to lose in case of fast lower side move. If AMC needs volume, it must be above $64.51 so new FOMO buyers and an institutional and technical trader volume can be pumped in after this Level.
AMC Testing Pi ResistanceInteresting way to look at the fibs here on AMC
By measuring the first AMC swing which resulted in a symmetrical triangle consolidation
we can see that the breakout which occurred from that has extended 3.14 times the distance of the first wave.
Along with the fact that we formed a strong RSI bearish divergence here at all time highs was a strong reason for AMC to take a breath and consolidate.
We can see that another symmetrical triangle is being formed... and this gives us a bullish bias going forth.
If AMC does ever break down from the triangle then a retest of $20 seems to be on the table.
AMC - LIQUIDITY RESTING ABOVE, STRONG MOVE POTENTIAL! 🦍🌕Technical Overview: -
ORIGINAL LONG POSITION:
Stay strong apes!
Use our analysis as a sentiment
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
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AMC showing weaknessChart posted 6-16-21 approx 9:40am CT
Im back- took a vacation to Vegas. Getting back to business. Just noticing some price action on AMC. AMC has shown some classic bearish price action creating already 2 bearish sharks. The fortunate part is the first pattern played out well on buyer volatility and really did not reveal the bearish action. Now, it appears we have a longer more defined pattern forming and price action is appearing to get weaker. If price goes below 53.00 I think we will begin to see buyer confidence weaken. If we go over 63 then buyer confidence will have re-established for short term.
I do not think price goes over 58 at most. We shall see, but I think this is the beginning of sell off. Coul dbe slow vs violent- but note the downward channel as a guide. It reminds me of the TESLA chart I made back in March (attached below) which has played out nicely on bearish action. Compare the 2 charts and see what it means for you. CHEERS!
AMC SQUEEZE IS AMONGST US!I COULD SMELL THE TENDIES IN THE AIRRRR!
THE SHORT ATTACKS DIDNT WORK!
FUD DIDNT WORK!
SCREWING WITH MARKET DATA DIDNT WORK!
WHEN WILL THESE OLD MEN LEARN?
WE ARE SMARTER AND HAVE NOTHING TO LOSE BUT TIME!
THEY ATTACK THE PRICE WE HODL!
IT SQUEEZES WE HODL!
GET READY TO SEE 4 DIGIT NUMBERS AND UP!