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Amcshortsqueeze

#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.
NYSE:AMC
by Highrisk221
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).
NYSE:AMCLong
by marcosdaunte
1
Going Long on AMC Entertainment Holdings, Inc.As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future. Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up. Consolidation is a very healthy sign and signifies accumulation and demand zones in play. The longer the accumulation the bigger the rip upwards. From May until present day, we ripped and have been accumulating. I bet you can guess what it going to happen next. I’m bullish. I like the stock.
NYSE:AMCLong
by luke2000hunter
2
AMC Setting UpAMC has been in this pennant since that ridiculous run in June that we all remember. Meme stocks popped due to reddit and robinhood retail investors taking advantage of the huge % of shorts by institutions. We saw something that has never been seen before and we may be looking at a round two, on a smaller scale however. AMC has made its 5 legged pennant (A,B,C,D,E) and looks to be primed to break out above the upper trendline, and then the resistance at the $51- $52 level. It has been obeying very close to the fib retracement levels so make sure to keep an eye on each level as AMC continues it's path in this pennant and the potential breakout. Volume is falling while price is RISING so tread carefully as this is a BEARISH divergence sign. MACD crossed after that falling wedge pattern we played earlier last week, which is a good sign. Not all signs are looking good but it is a RISKY trade. I anticipate a retest of the lower trendline, at around $39 - $40, where you can enter the trade. If it does not retest, I would watch the yellow rectangle area I drew which could be the nearest support, and best BUY area if you are bullish as well. REMEMBER: this pattern is not always a BULLISH pattern. It can turn BEARISH if AMC breaks down below the lower trendline, so tread carefully. With stocks like this, hyped meme stocks, things can go south very quickly, just as fast as they can turn profitable. KEY LEVELS: $40 - IF AMC can hold this level, I will be very bullish on this stock and will be aiming for around the $49-50 level. $50 - over 50, needs to break 52 then I believe it can fly with some injection of volume, so keep your eye on the volume. Taking some shares at this level, as a starter position. Taking my time to enter any option calls or puts. CALLS: 19 Nov 40C looks good, with over 5k in open interest (OI) 21 Jan 40C is your best bet if you can afford it, with over 29k in OI ** You can also do spreads in order to limit your risk, a vertical spread with 19 Nov 40C and selling the 45C is around $180, giving you a $320 potential max return. Pretty decent risk to return.
NYSE:AMCLong
by GringoRiley
3
AMC Mother Of All Short Squeezes, APES! (MOASS)Wow, what a ride it's been so far, huh? What an incredible time to be alive. It seems as if we are at the cusp of a truly once-in-a-lifetime tectonic-shifting economic event that will probably be studied and talked about for decades, if not centuries to come. What will the headlines/history books say about the planet of the apes? Will the memes be immortalized forever? What I see is the most massive bull flag I have ever seen in my 3 years of trading/watching the market and not only did we breakout to the upside, we backtested for support and it held. The chart only really makes sense if you look at it on a logarithmic scale because of the very long time frame/insanely high year-to-date percentage gain. The red line has been an EXTREMELY strong resistance trendline dating back to Oct. 13th, 2020, and has only broken to the upside TWICE, once on Jan. 27th when we ran to $20 and the second time on May 27th leading up to the run-up of $72. The blue line has been an EXTREMELY strong support trendline dating back to January 1st, 2021, everytime it gets tested and holds, it leads to a bull run and it has only been tested 3 times ever. The golden line has been a VERY strong resistance/support trendline dating back to March 13th, 2020. As you can see from the chart we just backtested the red trendline for support and we got it, this is the first time this has happened. Let me reiterate, the strongest logarithmic resistance trendline has turned into support. THIS IS INSANELY BULLISH. Anyone else excited for tomorrow?? I know I'm not, all I do is HODL anyways. Wake me up when $801,000. I have been adding to my position at every opportunity and have not sold a single share since I opened my xxx position. Not financial advice. Also, I don't have enough karma to post Reddit, would someone please share? It means the world to me, thanks, everyone! Cheers to the MOASS!!
NYSE:AMCLong
by zzzzzzayyzzz
2
AMC STOCK- I believe this is how the next move up will be.So basically I used bar pattern and traced it from March-June rup up. It matches perfectly to where we are at right now. Also kinda interesting that Elliot wave theory corresponds perfectly to where the bar pattern follows. (look at 1.61% and 2.61% fib tracement). So I believe that it will go to somewhat mid 40's, goes back down, and then touches low 50's again. Dips a little, and then the fifth wave begins (of macro 5) which it will gamma squeeze somewhere around 200.
NYSE:AMCLong
by technicalmaster777
Large Move upwards soon?This is not financial advice just my analysis. We could be looking for the next step up in the cup and handle formation, not only that we also have a bounce off the trend line. Plus if you price in the options chain this week and next week, there could be the possibility of a gamma squeeze if we get this increase in volume we are looking for. Again not financial advice just my analysis, but I'm pretty BULLISH on a BIG MOVE UPWARDS. Keep it up apes, to the moon we go!!!!
NYSE:AMCLong
by SOULWOLF