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?
Amcidea
AMC DAILY TIMEFRAMESNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
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$AMC Momentum and Fibonacci ModelBased on Fibonacci retracements of past moves if have found a range where the daily green candle closes on a major momentum move with volume. Giving NYSE:AMC ’s ability to surpise even the most certain of short sellers I wanted to share this for anyone interested in a great opportunity given the dip today.
AMC is the sell-off imminent? Harmonious Gartley + Elliot wave German translation below
Symbol / name of the stock / time frame / trading place / currency / precision
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AMC / AMC Entertainment / daily chart / NYSE / USD / 1/1000
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Notice.
All texts as well as the notes and information in this idea do not represent any investment advice or recommendation to buy or sell securities according to (§ 85 WpHG).
Expressly again no buy / sell or hold recommendation no investment advice or the like.
You bear the sole risk for your actions.
As the name already says this is only an idea on my part the expressly not to the imitation call is.
Basis / starting points of this analysis
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All time low 1.910
All time high 72.620
On 05.08.2021, countermovement (wave A) at the 61.8% retracement.
RSI 65.30
XABCD Gartley Pattern
Elliot Waves
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XABCD Gartley
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X= 1.970
B= 72.620
C= 55.953
D= 17.061
X-B= 0.618
X-D= 0.786
A-C= 0.618
B-D= 1.44
C and D are still in execution!
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Elliot waves
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wave 1= 20.360
wave 2= 5.260
Wave 3= 72.620
Wave 4= 20.400 ?
Wave 5 ?
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Description of the idea
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1. after reaching the last all-time high and the formation of wave 3 on 02.06.2021 the price is in a correction phase (ABC) 0= 72.620 A = 28.910 B=? ( 55.829 - 63.322 ) C= ? ( 21.673 - 7.687)
2. on 05.08.2021 the price formed wave A at 28.910
3. with the formation of wave B, I expect in the range of 55,829 - 63,322 (Gartley C)
4. possibility of a short position in the area of wave B SL at 65,000 - 70,000 TP= 21,673 - 7,687 (consider CRV, risk and money management)
5. target areas of the downward movement:
Yellow = Harmonizes with the Elliot wave theory whereby 20,360 Optimally should not be undercut. XABCD Would not be in the range in perfection
Orange = Harmonizes with the Gartley formation, whereby 17,215 would perfect the formation. Elliot wave 4 would already be below wave 1 here.
Red = Lowest area for side D of the Gartley formation, Gartley and Elliot would not have performed Harmonious or Perfection in this area.
6. after reaching the target area of the downward movement, short positions should be closed, when leaving upwards from one of the target areas, long positions could be opened.
Since there is a very large margin here in the downward target range, one should watch closely here and think carefully about how to position.
One possibility here would be that one uses in each case the middle value of the respective area (yellow, orange, red) as an entry, and the spaces between the respective target areas as SL.
7. take profit zones:
The respective colored lines (Yellow Orange Red) in the Take Profit areas, are dependent on the respective entries, from the downward target areas. (Yellow = Yellow, Orange = Orange, Red = Red)
38.2% Range Take Profit Zone 1 32,492 - 41,232
61.8% Range Take Profit Zone 2 47,825 - 53,098
127% Range Take Profit Zone 3 86.257 - 90.144
8th Elliot waves 5 target areas:
Target 1 39,264
Target 2 52.899
Target 3 72,620
Target 4 86.746
Target 5 105.834
9. since the RSI did not fall in the oversold area of 30 on 05.08, my assumption is confirmed that in the target area of the current upward movement (Gartley C), the RSI will be in the oversold area and a strong sell-off will follow.
and a strong sell-off will follow.
I hope you liked the analysis, you should be of a different opinion, and or they have created their own analysis feel free to post it in the comments.
German Version
AMC steht der Abverkauf bevor? Harmonisch Gartley + Elliot Welle
Symbol / Name der Aktie / Zeitfenster / Handelsplatz / Währung / Präzision
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AMC / AMC Entertainment / Tageschart / NYSE / USD / 1/1000
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Hinweis!
Alle Texte sowie die Hinweise und Informationen in dieser Idee stellen keine Anlageberatung oder Empfehlung zum Kauf oder Verkauf von Wertpapieren nach (§ 85 WpHG) dar.
Ausdrücklich nochmal Keine Kauf / Verkauf oder Halte Empfehlung keine Anlage Beratung oder ähnliches.
Ihr tragt das alleinige Risiko für euer Handeln.
Wie der Name schon sagt ist dies lediglich eine Idee meinerseits die ausdrücklich nicht zur Nachahmung aufrufen soll.
Basis / Ausgangs Punkte dieser Analyse
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Allzeit Tief 1.910
Allzeit Hoch 72.620
Am 05.08.2021, Gegenbewegung (Welle A) am 61.8% Retracement.
RSI 65.30
XABCD Gartley Muster
Elliot Wellen
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XABCD Gartley
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X= 1.970
B= 72.620
C= 55.953
D= 17.061
X-B= 0.618
X-D= 0.786
A-C= 0.618
B-D= 1.44
C und D sind noch in der Ausführung!
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Elliot Wellen
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Welle 1= 20.360
Welle 2= 5.260
Welle 3= 72.620
Welle 4= 20.400?
Welle 5 ?
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Beschreibung der Idee
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1. Nach dem erreichen des Letzten Allzeit Hochs und die Bildung von Welle 3 am 02.06.2021 befindet sich der Kurs in einer Korrektur Phase (ABC) 0= 72.620 A = 28.910 B=? ( 55.829 - 63.322 ) C= ? ( 21.673 - 7.687)
2. Am 05.08.2021 Bildete der Kurs Welle A bei 28.910
3. Mit der Ausbildung von Welle B, rechne ich im Bereich von 55.829 - 63.322 (Gartley C)
4. Möglichkeit einer Short Position im Bereich von Welle B SL bei 65.000 - 70.000 TP= 21.673 - 7.687 (CRV, Risiko und Money Management beachten)
5. Zielbereiche der Abwärtsbewegung:
Gelb = Harmoniert mit der Elliot wellen Theorie wobei 20.360 Optimalerweise nicht unterschritten werden sollte. XABCD Wäre in dem Bereich nicht in Perfektion
Orange = Harmoniert mit der Gartley Formation, wobei 17.215 die Formation Perfektionieren würde. Elliot Welle 4 wäre hier bereits unter Welle 1
Rot = Tiefster Bereich für Seite D der Gartley Formation, Gartley und Elliot hätten in diesem Bereich keine Harmonische bzw Perfektionierte Ausübung geleistet.
6. Nach erreichen des Zielbereichs der Abwärtsbewegung, sollten Short Positionen geschlossen werden, beim verlassen nach oben aus einen der Zielbereiche könnten Long Positionen eröffnet werden.
Da hier im Abwärts Zielbereich ein sehr großer Spielraum herrscht, sollte man hier genau beobachten und sich genauestens überlegen wie man sich Positioniert.
Eine Möglichkeit hierbei wäre, dass man jeweils den Mittleren Wert des jeweiligen Bereiches (Gelb, Orange, Rot) als Einstieg nutzt, und die Zwischenräume zwischen den jeweiligen Zielbereichen als SL nutzt.
7. Take Profit Zonen:
Die jeweiligen Farbigen Linien (Gelb Orange Rot) in den Take Profit Bereichen, sind abhängig von den jeweiligen Einstiegen, aus den Abwärts Zielbereichen. (Gelb = Gelb, Orange = Orange, Rot = Rot)
38.2% Bereich Take Profit Zone 1 32.492 - 41.232
61.8% Bereich Take Profit Zone 2 47.825 - 53.098
127% Bereich Take Profit Zone 3 86.257 - 90.144
8. Elliot Wellen 5 Zielbereiche:
Ziel 1 39.264
Ziel 2 52.899
Ziel 3 72.620
Ziel 4 86.746
Ziel 5 105.834
9. Da der RSI am 05.08 nicht im Überverkauften Bereich von 30 gefallen ist, bekräftigt sich meine Vermutung das im Ziel Bereich der Aktuellen Aufwärtsbewegung (Gartley C), der RSI im über kauften Bereich sein
wird, und ein Starker Abverkauf folgt.
Ich hoffe Ihnen hat die Analyse gefallen, sollten Sie anderer Meinung sein, und oder haben sie eine eigene Analyse erstellt fühlen sie sich frei diese in den Kommentaren zu Posten.
The Meme stock AMC Market Analysis Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The AMC stock has been gaining more and more upper momentum in the last few weeks, After the price dropped to $29.09 the market has been rising by the day, and the long and short term trends are both positive. This is looking good!
If we compare the yearly performance of all stocks, we notice that AMC is one of the better-performing stocks in the market, outperforming 98% of all stocks.
Scenario for the market movement :
The stock price is at 44.02 and it's trending near the support zone extended from 42.86 - 41.35 when the market reaches that zone we are gonna see a lot of Bull power that will try to take control over the market movement and it's going to push the price back up. The first target will be the resistance line at 45.39 and after hitting that and breaking out of it the Bulls will have their eyes on the Major resistance at the 50.95 level.
Technical indicators show :
The market is above the 10 20 50 100 and 200 MA and EMA but below the 5 MA and EMA. ( indicates that for the next few days the price will drop a bit then it will keep on going up)
The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between the MACD line and the Signal line.
The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between the MACD line and the Signal line
Daily Support & Resistance points :
support Resistance
1) 42.86 1) 45.39
2) 41.35 2) 46.41
3) 40.33 3) 47.92
Fundamental point of view :
AMC is expected to show quite a strong growth in Earnings Per Share. In the coming 5 years, the EPS will grow by 14.50% yearly.
The Revenue is expected to grow by 57.58% on average over the next 5 years. This is a very strong growth.
{{Not surprisingly, AMC Entertainment stock tops the list of trending WallStreetBets stocks. The company has been mentioned 313 times in the last 30 days although that number is over 50% down from the prior 30-day period. AMC was part of one short squeeze in February and another one in June.
The stock continues to have a high amount of short interest. However, as of this writing, the stock is firmly in the middle of its 52-week range and the stock price appears to be consolidating. The company did record a double beat in its latest earnings report. However, that has not appeared to change the sentiment of analysts who remain mostly bearish on the stock}}. According to MarketBeat
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
AMC $50 Breakout Soon? 1 hr Chart
As you can see, we have previously seen a 5 wave move then breakout.
We may be repeating a similar 5 wave pattern.
Above $48 range there is much room for growth.
20 EMA Bullish Cross Above 50 EMA.
MACD showing weakening downside momentum. Looking to reverse soon.
DeMarker Indicator showing gaining strength and looking to breakout soon.
Please let me know what you think in the comments. All comments welcome. Thank you
AMC Start of a New Run?30 Minute Chart
As you can see, previously we dipped down 17% from $39 to $32.
Then we went from $32 all the way to our current highs of $48 around a 50% gain.
We have now seen a drop of around 17% from $48 to $40.
MACD is also showing signs of crossover to upside.
RSI showing a similar trend which we have hit the 30 level on RSI.
In both RSI patterns we have seen a bounce back to the overbought region (+70 RSI).
if we continue this pattern we could see another similar run up around 50% which would make for a 20 pt move from $40 to $60.
Please let me know what you guys think ! All comments welcome.
Leave a like if you enjoyed this setup.
AMC - Daily chart - Buy scenarioLooking to buy some AMC on the following levels.
All are based on weekly levels (Former strong Resistance and Supply areas). First one is a bit adjusted to that big gap (orange circle).
Same target (Close of big Swing High). Will close full position on target area.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
START OF OUR THIRD WAVE?? EVERYTHING AS PLANNED.In my previous elliot wave post, I expected a correction from $46 to the 61.8% fib. We are currently at that level and tested it three times. Expect a bounce from here up to the notorious 60ish region for our third wave. I will link my previous counts so you get an idea of the bigger picture.
Any comments and questions are welcome. Don't forget to follow if you like this type of analysis. Grab a popcorn, kick back, and enjoy the show!
diamond hands. WE THE PEOPLE HODL. Volume finally broke out today. We need that 136 million volume every hour not every day! AMC must test the monthly trend line support of $31.40, that is where I believe the bottom of the flag is. We broke out of a massive triangle but if AMC bounces hard off around this $31 area, it would appear that the triangle was actually much MUCH larger than we thought possible. Which is incredibly bullish considering what a solid breakout in this chart would do. ALL TIME HIGHS of a household name are still only 100% away? Absolute trash stocks get pumped 1000% every week. This is no pump and dump, this is half a year in the making. We are trending on twitter almost everyday, this is the most popular stock everywhere! And you mean to tell me that we only did 136 million volume down 15%? COME ON! I will continue HODL my xxx shares and add to my position every week. Up/down, couldn't care less. Apes strong. What can I say? I like the stonk. Not financial advice. $AMC #AMC
AMC Entertainment retracement levels for a possible bounceOn the chart you can visualize better the 2 Fibonacci retracement levels from where we can see a potential bounce up and the strong support in the 16usd range.
All retracement have also the price targets on that arrows heading up after reaching the various support levels.
AMC in a tough spot. Is there any hope?AMC definitely not looking great. No matter how I try to see this, I don't feel like this is a super bullish chart? AMC got above 30B in Mcap after a major squeeze and was one of the meme stocks that did very well. In Market cap terms it was definitely the largest ever if I am not mistaken. The truth is that the short interest is still relatively high, but I don't think the previous squeeze was primarily a short squeeze. Currently at 18% of FF maybe AMC manages to have another push.
33-36$ is a key support area as 33$ was resistance back in 2015 and has now turned into support. There are some levels also lower that AMC could find support but I don't think such an explosive move would happen again. The CEO has definitely tried to squash the rally by selling as much stock as he could, but even with all of that the company is still 6B USD in debt and only has 2B in cash (so still not in great shape).
So for now in my opinion AMC has to hold 42$ for it to continue higher soon. So far it has broken some key support levels and the downturn accelerated which isn't great, but as 40 has held there is still hope. In my opinion if it manages to close above 60$ next time around, I think it will go much higher. Essentially waiting for the breakout trade or to buy below 36 might be the best idea for now.
Bullish Trend Continues for AMC | Breakout on the HorizonEven with the pathetic attempt to create FUD by the media and Iceberg "Research", AMC is still plowing through the bull flag. Observing the way it bounced off that bottom edge of the triangle makes me even bullish than I already was. AMC is NOT comfortable outside of the channel. Consolidation continues with a breakout to the upside on the horizon.
$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
AMC - LIQUIDITY RESTING ABOVE, STRONG MOVE POTENTIAL! 🦍🌕Technical Overview: -
ORIGINAL LONG POSITION:
Stay strong apes!
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