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Amcstock

AMC squeeze target this weekwe started our squeeze the moment we broke from our ascending line on the 22th of march at 17.77$, yesterday we tested our resistant at 25.50$, and we got rejected with 2h candle, then over come it, now it's out support the 25.50$ , we need to hold above it to confirm the bullish conniption till the 33.87$. the 20.80$ should be the last support or bottom for us , cause any price drop below , will confirm a sell off, and end to our bullish momentum. a bonus in TradingView coins (up to 30$) tiny.one
NYSE:AMCLong
by TRADING-JESUS
1
AMC & Ethereum Classic CorrelationI believe institutions are using Crypto for the purpose of leveraging their positions on meme stocks.. like AMC. Ethereum Classic, is one that has been extremely correlated with AMC's price action lately. As you can see here, ETC started leading the way in February of 2021, and shortly after it dropped, AMC began creating the same patterns. They were traded against each other up until November 15th, when they started tracking identical (in time). In our current state, both seem to be very correlated in pattern movements; they are still tracking identical. However, I believe things are about to change. ETC is up 20% today (Saturday March 19th, 2022). I think this upcoming week we will start to experience their correlation (in time), slowly stray away from one another. The pattern tracking will continue, except, it will occur on different time frames. This process would allow the institutions to, once again, trade the two against each other in preparation for the next runup, or.. the squeeze. If true, the manipulation of AMC would seem inevitable.
BINANCE:ETCUSDLong
by TradingWithEmotion
AMC - Finding Bottom SupportAs I mentioned in an earlier post, AMC seems to me to be near a support point at this price. I think it could drop lower than the 13.40 mark but that should prove unlikely. If it does look for new Support near 8.0 More likely, it will find support at this stage and trend back up. However, seeing AMC move higher than 30.0 would in my opinion be surprising. This stock will not see the booming gains as it did in the past. So, I would place Resistance at around 30.0 for now. Be mindful. ANY stock position is vulnerable to geo-political actions by Russia, China, or even Iran. The world stage is set for conflict. Any kinetic action by other nations would have a negative volatility influence on the markets. These statements are not suggestions for holding positions. They are my own analysis thoughts. I do not hold any position in AMC.
NYSE:AMC
by rdowl
1
AMC SHORT SQUEEZE FINALLY OTW? If we take a look at the Jan-May cycle we can calculate the amount of days it took from the first squeeze to the second. So from Jan 27th - June 2nd was 87 trading days. In that cycle, the bottom happened a few days after the squeeze. The cycle we are in now from June 2nd - now, the bottom has been placed exactly 2 times of 87 so 174 trading days after. If you look at the volume for each cycle, you realize it took 87 days trading days to get 14 B in volume in the first cycle. Well in the second cycle it took 174 also the double amount of trading days. IMO the bottom is in for AMC I think some wild days are coming soon for memestocks.
NYSE:AMCLong
by stupidman12212
5
Almost back to weekly support!! Not a Financial Advice !! In the last post (linked below) I explained why it is important to regain the weekly uptrend. I have seen crazy numbers about AMC. The exchange reported short interest sits above 20% for the past days, the utilization is almost 100% (all the shares that can be used to short the fook out of AMC are already burrowed out) and the earnings peek preview looks to be good, I am pretty positive. I hope we can win against the hedgefooks
NYSE:AMCLong
by GoatOfWallStreet