AMC still holdingStarting the week of down 1% but still trading within our wedge. This is the buy zone people!
Amcstock
The final leg of the pennant consolidation! finally!After more than a 6 month wait, we are finally at the final leg of an elliot wave consolidation triangle. Very excited for the next couple of days. Perfect loading up area. BIG THINGS COMING.
bpcdn.co NG.
AMC bull pennant still in playAll things considered, we didn't do to bad today. Next week will be crucial with how things play out with this new covid variant. But the good news is major support levels held and we closed within the pennant. If you see a defined break below these levels, I would be looking for an exit strategy. If it holds, well...hodl.
Something's brewing with AMCLook at the recent levels of volume. It's the lowest its had in a long period of time. Especially today's volume. Keep in mind that short weeks and around the holidays volume drops with people traveling. I'm loading more in this area. Break out is still in play
POTENTIEL AMC BREAKOUT TODAY?I'm not trying to hype AMC stock but the chart setup looks too good to ignore. GME is looking so strong so I honestly don't see anything but upside for AMC. Check out the price action every time we are in the yellow line. Tuesday may be the breakout day.
AMC LongUpdating some soft and hard resistance/support lines
Red: Major support/resistance
Orange: Moderate
Green: Soft support/resistance
If you go to the 5m chart you'll see the stock trade pretty easily in and out of the green support/resistance lines. Seems to still be consolidating for a major breakout, I'm predicting to ATH.
WATCH AMC FOR THE END OF THE MONTHAMC is ready to erupt. If you look at the 2 last run ups it was at the end of the month.
AMC WAITING FOR THAT 47.50 breakThe last run up we had a big resistance at 14.50. This time its at 47.50. We could break the resistance soon but it is not bad to consolidate under the resistance.
The APEs are ready to jump in the jungle Keep your trade easy - simple & safe
Good entry : current price - & above 44$
Target price 52$ - 72$ - 100$+
SL 36$
If you enter at 40$ and it goes down to 36$ then you lose 10% but if it goes to 52$ You win 30% - & if it goes to 72$ you win 80$ ….
You think about it , does it worth a try?
Trade safe
AMC short-term Trade Before it Dies!AMC will hit $52 before hitting the dumpster and reaching it's all time low this year of around $2!
AMC They Disabled Buying, We Disabled Selling. I have been here for nearly 6 months and have checked the chart daily if not hourly every day since. I've added lines, removed lines, tweaked lines. I feel fairly confident I found THEE lines. The weekly chart nearly speaks for itself. I cannot stress enough how massive this full pennant (Dorito chip) is. You usually see bull pennants like this play out over the course of a few hours/days/weeks. This has been flagging for a whole year and it is so tight and the volume is lower than we have seen all year. We shall see. I am long 50/50 this and GME. I hodl for all.
AMC LongBasically the same analysis as some others have already done, just reiterating their points. Massive bull flag and textbook consolidation. I agree between now and next week we will see a major movement one way or another, my bets are on a rocket to ATH. Stay vigilant apes.
LBFOAT (LARGEST BULL FLAG OF ALL TIME) NEARING COMPLETION.When in doubt, zoom out. Never ever in my life have I seen a more bullish monthly chart. AMC must test $38 one more time, possibly with the most volume we have ever seen, really depends on how much liquidity hedge funds still have. An artificial intelligence-based portfolio that outperforms the S&P with no human input just today sold Facebook and Wal-Mart and went long on AMC. Must I say more? AI is the future. Patience fellow apes. Only a waiting game. HODL. 8. 01 . NOT FINANCIAL ADVICE.
$AMC WILL RETEST ATH SOON! $AMC Every time the 20 and 50 Moving Averages cross on the daily chart AMC has created new ATHs.. After the break of $72 $AMC melted and bounced back to form a George W Pattern on the Daily. Get ready to see a break of the GW neck line around $52 then a retest of $72!!
See you at the LAMBO dealership APES!!
AMC analyse . i think it's going up to the top of the rectangle pattern . That's My Personnal Opinion. Hope You Like it .
THIS IS WHAT AMC WILL DO NEXT 💸💸 (100% ACCURACY) 🚀🚀Look like NYSE:AMC has been consolidating in a triangle pattern which will mostly break out of on the long side.
For the apes that can't understand technical analysis voodoo: NYSE:AMC will very likely go down to the $35-37 support level, after which it will rally up to $55-$60. Just follow the arrows on the chart.
Good luck,
Your Ganbu
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AMC - Cup n Handle 4H TFAMC concludes its cup and handle and has good catalyst to cross above the peak of the formation.
AMC GOING UP What's up guys !
Price heads downwards making a descending triangle and I'm looking for a break of the triangle and the last higher high
A 1:2 RR is quite visible on here , what do you guys feel ?
Can we go long in AMC let's find out?As you can see it is a bullish structure we are near to finishing the triangle, if we break upward we can easily anticipate what AMC is trying to tell us to the moon baby...
AMC Price ProjectionThis is what I think AMC will do. If the price returns back down to $36 then I assume we can see a repeat of the last move, with less potential this time around due to the overall price consolidation with recent price action. Realistically I'm looking to make a buy here at $36 and cash out at $44 again. Nobody can ever predict the market, this is just what I logically think will happen based on price action, if there is enough hype behind the stock and enough apes dumping money into it the price can completely reject my idea and just go back to $49 at any time it wants. This is a clown stock, and I do not recommend holding it for more than a week at a time unless you have proper risk management and a proven strategy.
AMC Entertainment Price TargetAMC Entertainment is sitting at its strongest regional support line and its ready to bounce to the next resistance.
My price target is 40.5usd
I`m looking forward to read your opinion about it!
