Amcentertainment
We're "Dumb Money", so why are we up 2,200%? 🧐💰Every time I hear "Fundamentals" being thrown around on Citadel-owned main stream media and news articles, I have to laugh. I buy another share. I get APEISH. 🦍🌕 This is simple supply and demand. As we see here, the ape gang is diamond-balling it to 60, a well-known resistance and we're about to smash through! If you check there is strong consolidation between 57 and 60, which is good for us. I smell a gamma squeeze comin' (how do we know? Look at the options chain and check the IV for how ppl feel about the stonk, demand is going 🆙).
I like the stock the more I run into other apes. What we're experiencing is the market discovering new price action like a free market should. Other growth stocks have been so removed from fundamentals for a long time. And yet on the news its used to villify the retail trader. What a JOKE. LOL
Holy diamond balls, Batman! AMC is on the money! 🚀🌝AMC is moving in beautiful form! Look at this buying pressure! The area on the 50 SMA was starting to show signs of buying pressure, and here we are bouncing at 60. I am beyond blown away at this, and all I had to do was use my fUnDeMeNtALs to see that AMC is going to the moon! I'm buying more shares, I am an ape after all! 🦍 🚀🌕
#AMC $AMC LONG, for sure! Ape-ish AFI will just keep it short. There is only one direction, and I don't mean the band. I*'m Ape-ish AF on $AMC. I've seen some other members of trading view trying to convince people to go short on $AMC, because various reasons, but personally I think there is no more worse position to take then shorting on $AMC. You just can't take it up against more then 4.100.000 traders or better said APES, who never were more convinced about anything then AMC going to the moon! They are not only convinced about it, they are putting their money where their mouth is. A big part of these Apes have bin buying since January and kept buying. The story is tracking more and more traction in the MSM, there are every day more and more new Apes born.
This isn't only about gains. That's where it started and one of the reasons it came as fart as they are now. Now it is also something for the bigger goal. A fair playing field on the stock markets.
I'm not going to say what you should do. I just warn you, better don't bet against more then 4.1 MILLION Apes who are fighting for their lives, for better lives, for them, for their family, for their society. Never there were more people, from all kind of colors, race, gender, religion, sexual preference UNITED then there is now. They are unstoppable and the HF also know. I do think even the SEC and government and POTUS do know. The Apes are too big to ignore.
The question is will the price go with the green arrows, or the blue arrows? Apes know HF will try to do every dirty trick untill they have no other option to cover their positions. Apes are holding for 5 months, they can wait another 5 months. But can HF stay solvable that long? No matter what the question is, Apes can #HODL longer!
IT'S TIME FOR CHANGE!
#DIAMONDHANDS
#MOASS IS INEVITABLE
See you on the mooooooon!
No financial advice!
AMC TO $95?ITM CALLS EXPIRE THIS WEEK . 450k at $40!!!
45 MILLION shares that would need to be covered by the “smart” money! We have a BEAUTIFUL Falling wedge pattern indicating accumulation to the upside in confluence with the MULTIPLE SUPPORT ZONE TOUCHES give a CLEAR AND CONCISE indication that MASSIVE VOLUME is getting ready to destroy the market this week coming up. I’m ready and you should be too #AMCGANG
AMC looks bullish! (edit)The full chart attached this time! lol I am posting my crayon drawings showing some interesting information messing with the 50 SMA and changing the line attribute in the input to area instead. It shows the areas of deep selling pressure, coinciding with dates of shorting with a possible mix of paperhanding. Coincidentally the days we had the hard rips are shown in green. Maybe I am a smooth-brained ape, but this has helped me keep track of price action (as well as doing DD) in a way I understand as I track this squeeze!
AMC Trade setup for 14/6/2021AMC Trade setup for 14/6/2021
This trade setup is in the H1 price chart to try and eliminate the noise in the opening of trades.
AMC managed to hold both support at 40.92 and 43.70 in Thursday and Friday's session, identical with previous trading activities around the 4th and 5th of June, as indicated on the price chart above.
It is a strong indication that shorts are not able to push prices further down and could potentially be forced to get out and help an army of buyers drive prices back up.
The critical levels to watch are around 48.34, 46.58, 44.82, and 43.70. We might see prices continue up if it holds above 48.34 or pull back to test previous support indicated in the critical levels above. Keep an eye on the estimates of major levels in the solid lines.
AMC to $60 SOON - quick TAHey guys so I made a quick TA on AMC and I think we are definitely going to $60 very soon I mean look the Reversal MACD just bullish crossed, STOCH made a bullish cross, price got rejected on 0.5 FIB support, MA 50 above MA 200. There is a nice confluence here, I usually prefer some more confluence but I believe that just fine.
Please write in the comments to what stock should I technical analysis next!
AMC Update [6-9-21] - Consolidation but still Bullish LookAlthough AMC has been consolidating that past week and this week, it is still looking bullish on the upper portion of this value Buy area. It's floor keeps getting higher. Currently, it's sitting right on the 200 Day Moving Average. It will be interesting to see if it breaks below it or makes a move UP from here.
AMC TO 89? (Continued) Massive hedge fund manipulation this week is causing consolidation in the market. Consolidation is simply indecision in the market. We know the truth. Hold strong and diamond hand it . The ONLY reason we’re in this zone is because Smart money is dumping on us. Don’t have much to say. Very probable chance of success given the numbers and fundamentals of this stock.
AMC TO $89 +We’ve been in a consolidation block for the past couple of days. The 4HR Timeframe shows a clear Ascending triangle (lots of accumulation building , News catalysts and volume) getting ready for a huge break to the upside. Price is STILL respecting our upwards trendline giving great confluence that this is in fact a perfect time to buy. We got positions in other plays, but this one is high risk high reward.
AMC BULLISH, ELLIOTT WAVE ANALYSISAMC looking to push upwards for a wave 5 in the future after some sideways consolidation for a wave 4. We are currently working on completing that wave 4 consolidation which could take some time, but overall looking for a high probability chance of pushing to the upside in the future.
Going to be looking to buy into calls to target this upside. Entry is set to be around the 0.5-0.618 fib retracement zones from 30-38.
Note that 4th waves can take time and can trap both bulls and bears, so be careful with the entry as the upside may not happen right away.