$AMC - 15 June 2021It's time for a make or break session again. On the bright side, it's very likely that by 25 June $AMC will be at least $66. ;)
Amcshortsqueeze
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.
When In Doubt.. Zoom Out!!We are nearing consolidation.. this flag is near complete, will it break upwards? I sure hope so. Many catalyst coming out tomorrow that just might trigger a gamma squeeze. LETS GO!
$AMC Update - In Depth Chart Analysis2 hour chart, will be interesting to see how this plays out tomorrow, very heavy resistance at the 161% retracement level, but if broken through and support at that level is shown, it can potentially mean the next fibonacci retracement zone being 57 - 90.
MACD looks like it wants a reversal as well, so that gives me some further confidence for the Fibonacci levels and price action, and lastly, the ADX & DI Indicator showing convergence and consolidation within its range also signaling a bullish price swing.
The second path I highlighted as well, just in case the resistance at that fibonacci level is too much, which in turn would knock the price down. Not saying this goes right back to $30, but the yellow highlighted horizontal support levels are important price levels to look for when looking for support, as well as a reversal.
In my opinion, things are looking bullish to me on this chart, as well as 30 min and 15 min charts.
Break out of this 57-58 Range and we have not only a fibonacci support zone now, but as well as a breakout from this pennant. GLTA
AMC Bull Flag 15min chart We are holding pretty strong in the mid $50, perfectly holding inside the bull flag. Let me know what you guys think.
$AMC | Proprietary Model Successfully Predicts Bull RunLink to original idea below. TG3 still in play.
Bull PennantThis is a bullish continuation pattern very clearly completing on the chart.
a.c-dn.net
Not sure how the flagpole portion would be measured here, but with highly-manipulated stocks like this it might not be relevant.
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.
$AAPL Triple Bottom Bounce? Or Triangle Breakdown? (UPDATE 6/7)Just a recap and taking a second looks at our previous support. Always double check yourself or get a second opinion. Is this a retest or a support bounce? $AAPL
AMC: Major resistance at around 50.00, support at 44.20 and 40.AMC: Major resistance at around 50.00, support at 44.20 and 40.00
$TSLA VIDEO BREAKDOWN AND ANALYSIS 6/1-2Video update on $TSLA
As always looking at both sides of the coin on this one. $635 is our main resistance that needs to be broken for continuation
AMC to the moon , I mean literally TO DA MOONI posted 3 weeks ago about AMC when it was 14 now its at 26$ 100% in 1 week amazing
not a financial advice ,,
YO CAN STILL GOIN TH APE MOVEMENT its not too late
it can be the biggest short squeeze in the history
AMC's Higher-Highs & Higher-LowsDon't be that guy who misses out on the squeeze because you were too patient waiting for a dip.. it's unlikely we'll see a downtrend anytime soon. Germany just took this STONK to $30.45! Prepare for higher-highs and higher-lows. LET'S GO AMC!
AMC vs. AMCWith how volatile AMC is right now, technicals aren't always in our favor. It's likely we will see one of two scenarios happen tomorrow.. Diamond hands & FOMO would be the reason we end up GREEN tomorrow. Paper hands & FUD would be the reason we end up RED. Pick your pick.
AMC - Breaking Historic Levels of ResistanceAMC broke its high set in the previous short squeeze back in January 27th. Unlike the price action back on late January, AMC is not in a short squeeze. There are still a huge number of shares being borrowed against AMC. We just need to keep holding and make it more expensive for these firms to bet against AMC.
Before we see a meteoric rise, we must first break through the all-time high of 35.00+. A gamma squeeze is expected to occur when AMC breaks 40.00. After 40.00, there will be one last hoorah leading up to 50.00. I expect a massive short squeeze to begin when price crosses above 50.00. HODL!
AMC To The Moon 🚀 - Why AMC will go to $100 and BeyondIdea for AMC:
- AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze.
- The price action tells it all...
Analysis:
- The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have covered.
- Most of the shorts' stops should have been hit in this breakout, but it is likely a whale doubled down on their shorts to defend their position from $20~.
- There has been 2.5 years of accumulation for the bulls, in a harmonic spring (falling wedge) that has broken out, and we are now caught in a bull flag with the shorts doubling down... Even if price does not breakout in this test, there is too much energy to be stopped IMO!
- It is clear where the whales' stops are: above $20 there is a liquidity zone to $36, and above that, $100 is very likely. Above that, even I don't know... 🚀🚀🚀
"He who sells what isn't his'n, must buy it back or go to prison." - Daniel Drew
GLHF
- DPT
$AMC Squeeze Levels! 5/17Video update and technical analysis on $AMC
REMEMBER THAT VOLUME IS YOUR BIGGEST INDICATOR
