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We're "Dumb Money", so why are we up 2,200%? 🧐💰Every time I hear "Fundamentals" being thrown around on Citadel-owned main stream media and news articles, I have to laugh. I buy another share. I get APEISH. 🦍🌕 This is simple supply and demand. As we see here, the ape gang is diamond-balling it to 60, a well-known resistance and we're about to smash through! If you check there is strong consolidation between 57 and 60, which is good for us. I smell a gamma squeeze comin' (how do we know? Look at the options chain and check the IV for how ppl feel about the stonk, demand is going 🆙). I like the stock the more I run into other apes. What we're experiencing is the market discovering new price action like a free market should. Other growth stocks have been so removed from fundamentals for a long time. And yet on the news its used to villify the retail trader. What a JOKE. LOL
NYSE:AMCLong
by Thanatoslogic
#AMC $AMC LONG, for sure! Ape-ish AFI will just keep it short. There is only one direction, and I don't mean the band. I*'m Ape-ish AF on $AMC. I've seen some other members of trading view trying to convince people to go short on $AMC, because various reasons, but personally I think there is no more worse position to take then shorting on $AMC. You just can't take it up against more then 4.100.000 traders or better said APES, who never were more convinced about anything then AMC going to the moon! They are not only convinced about it, they are putting their money where their mouth is. A big part of these Apes have bin buying since January and kept buying. The story is tracking more and more traction in the MSM, there are every day more and more new Apes born. This isn't only about gains. That's where it started and one of the reasons it came as fart as they are now. Now it is also something for the bigger goal. A fair playing field on the stock markets. I'm not going to say what you should do. I just warn you, better don't bet against more then 4.1 MILLION Apes who are fighting for their lives, for better lives, for them, for their family, for their society. Never there were more people, from all kind of colors, race, gender, religion, sexual preference UNITED then there is now. They are unstoppable and the HF also know. I do think even the SEC and government and POTUS do know. The Apes are too big to ignore. The question is will the price go with the green arrows, or the blue arrows? Apes know HF will try to do every dirty trick untill they have no other option to cover their positions. Apes are holding for 5 months, they can wait another 5 months. But can HF stay solvable that long? No matter what the question is, Apes can #HODL longer! IT'S TIME FOR CHANGE! #DIAMONDHANDS #MOASS IS INEVITABLE See you on the mooooooon! No financial advice!
NYSE:AMCLong
by JohanRD
1
AMC looks bullish! (edit)The full chart attached this time! lol I am posting my crayon drawings showing some interesting information messing with the 50 SMA and changing the line attribute in the input to area instead. It shows the areas of deep selling pressure, coinciding with dates of shorting with a possible mix of paperhanding. Coincidentally the days we had the hard rips are shown in green. Maybe I am a smooth-brained ape, but this has helped me keep track of price action (as well as doing DD) in a way I understand as I track this squeeze!
NYSE:AMCLong
by Thanatoslogic
1
GME 3 possible Algo KeyCodes MatchI made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move. Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well. Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move. If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share. Thank you, iCantw84it 06.07.2021
NYSE:GMELong
by iCantw84it
1
Ape Index: What could be running the show?Is it Bitcoin? Probably. As you can see on this comparison, red weeks on the Bitcoin chart have been followed with proportionally large green candles on the "Apes Index." It appears when Bitcoin goes down, people switch to other volatile assets to recover from their loss or continue gambling. The size of the green candles may be proportional to the fear of how low BTC may go, and of course, the occasional short squeeze that fuels this fire. So if BTC follows the predictions and tests the 20k support line, the APE index should potentionally continue rising.
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NYSE:AMC
by MarkitMaven
52
GME gearing up for more upsideAs predicted in my older posts, GME is now nearing the completion of the Cup and Handle pattern. This is very bullish, and indicated that it is ready to continue its long term upward trajectory. The long term trend we see with this pitch fork from the ATL to first peak and next low outlines that we should be expecting another test of the top of the 1x trend line at around 760 to 800, and after that, we could even see a run to the 2x trend line like in January at around 3000 to 3200 within a months time. This is the best case scenario. I consider this trend invalidated if we fall below the purple zone between 90 and 80.
NYSE:GMELong
by baumulrich
$AMC #AMC TA prediction for today and next days and some extraTA on 1 hour candles: After some consolidation in this flag pattern , bullish pennant , it seems the price broke trough and have retested the upper side of this pennant in the last market hour yesterday. Today is probably where we going to see a nice jump. normally it can go at least to $65.46, where the candles closed and opens at the last top. From there we see the top of the spike around $72/73. Between this area the price can show some consolidation, before a bigger jump into the next Fibonacci levels. Important levels are around $80,- and the most important is at $98,-, the 1,618 Fibonacci level. Good to keep in mind is that all the attention for $AMC leaves all the old fashion E/P investors/traders in the shade, there is something that gave this stock a great push and I think, like I've said before, we are just at the beginning of something that probably never happened before. At least not in this size. That is the #Apes. What started with only a few guys is now a global group of people. People, most of all retail people who never have bin in the stock market before, from all kind of backgrounds and all kind of race, color, gender, politic. It looks like all these different people are more united then ever before and we only could hope for. The biggest fuel of this group of people is the unethical behavior of the big players in the financial sector. This group of big players know naked shorting is illegal and most of all unethical, but justify there behavior because of some loopholes in the system. Of course these Apes want to change their lives and are also hoping for gains they have never seen before, but the biggest fuel is the need for change. Change in how wealth is divided, change in equal chances for people, change in how misbehavior will be penalized. No longer just a fine for making millions or billions, despite you know it's not correct and unethical what you are doing by nakes shorting a company aiming for bankrupt and putting thousand and thousands of jobs on the stake for the average Joe. The game need to be changed. The financial game need to be changed. And the time is now. We've seen how things can workout when the system keep doing what it's doing at cost for the working class. Do I have to remind there was a French Revolution between 1789-1799, all because the working class were more then done by being pet by the small group who had control over their lives. I sure do hope we never will see that again! And hopefully this army of Apes can help to show that things need to change. Occupy didn't made it in 2011, but the idea is the same. The (financial) system is corrupt and is not working for all the people, like it should be. I'm no financial advisor and this is not financial advise! But I do recommend every one who agrees with the fact that the financial system need to be revised, and most of all prosperity can there be for every single human on this planet and not only the happy few, please join this fight and buy an $AMC or $GME stock, because these 2 stocks are the main focus of these millions and millions Apes who buying and holding for a good cause. It's really simple, no Technical or Fundamental analyse is really needed. Both companies are doing fine and with re-opening after Covid-19, there is no reason to assume these companies are going bankrupt. Bankrupt is the only way these stocks are going to $0,00, the thing these hedge funds are aiming for, so they don't have to cover their naked shorts and buying the stocks. As long the Apes are holding and keep buying these stocks, the demand will grow and one day the supply is gone. We all now what a higher demand and a lower supply will do with the price... AGAIN, all above is NO financial advise, nor am I a financial Advisor. But I am an Ape, i am holding both stocks and I really do hope Apes can show the people who make the regulations and law that there need to be big changes. The rules which came in place after 2008 are nothing more than a facade. The unethical games and injustice against the working class are still going on. And guess who paid for the 2008 crisis? It was not the financial market, it was you and me and our families. It's time that the real creators of this mess paying for it. #TrustTheProcess #NotTheSqueeze #AMCArmy #GMEArmy #NakedShorting is ILLEGAL and should be penalized with JAIL and not with a fine!
NYSE:AMCLong
by JohanRD
3
$AMC #AMC Personal prediction for today and start of next week Hello all, Here a little technical analyse about $AMC #AMC. Why? Because i love the stonk. Am i biased? Absolutely! Is this financial advice? Absolutely NO. I'm just a crayon eating Ape who loves to draw lines and like you can see in my last predictions, an average gorilla can predict better. What does the chart tells me? I see an Apish break out once the price breaks out of this pattern. After the breakout normally it will followed with a little retest of the pattern or support at our latest high. Once that retest is done and you see Apish momentum going up, this might be the time for me to get some more moon tickets. Need my paycheck to grab some more. More then all-in will be in debt and one thing we learn from all this what hedge funds are doing is, don't gamble with money you don't have. It can go well for a while, but one day it will go bad and then its gonna be really bad.So be wise and spend what you can miss for a while. By the way, read the book 'The Richest man of Babylon'. Great inspirational book about everyone can create more financial wealth for itself. Back to the chart. When the breakout will go the bearish path, don't be scared. As long the hedge funds haven't covered and closed their short position there is absolute no doubt, that the price will go back up higher. I call those moments even good opportunities to grab some moon tickets with a discount. Main thing to focus on, is the number of stonks short by the hedge funds. We only can see what is known, and that is there are 513 million shares outstanding. 18% of that number, so 90 million shares, are used to short this beautiful company. After this week and the second interview of CEO Adam Aaron with Trey Trades, we know 2 things for sure. 1) AMC has raised approximately 750 million US Dollar, with selling 20 million stocks. This isn't a bad thing for a so-called 'meme-stock'. Right now there 46.000 stocks left to use for AMC to raise more capital. That's why they want an extra 25 million stocks, so they can use them to raise more capital, but they will not use them before 2022. And because of that there is not a good reason to believe AMC will go bankrupt soon, with all the re-openings after Covid-19. 2) The management of AMC has chosen to use these 20 million stocks, which were intentionally meant for the management as kind a salary/bonus, but instead paying them to their selves, they have chosen to really help the company and used it for strengthen its position. Because you all know, the business where they are in is a though one the last decade and Covid-19 hit hard. They are going to use this capital so lower debt with a discount and if they see an opportunity to expand their business, they will grab it. An other good qoute, which helps me in this Ape journey is from Charlie Munger. I assume you all know he is, and if not DYOR. 'The big money is not in the buying and selling, but in the waiting.' Well, i'm in since January and that's for an investor pretty short term, but for a continuous battle with hedge funds i can tell you it is intensive. But the good thing about this whole Ape thing is, I am not alone. You are not alone. In March there were already 3,2 million shareholders, only accounted in the USA and Canada. That was in March and that was only counting the USA and Canada. I think we can say that by the day of today, there are probably around the 5 million shareholders, only in the USA and Canada. And well there is more in the world then the USA and Canada. It may have bin started in the USA, but like myself, im from Europe and already in it for 5 months now. And i know there are many, many Europeans just like me in it since January. And i know also that since March i've seen growing this population bigger and bigger, week after week. I think we can take a little guess and say there are approximately 7,5 - 10 million shareholders by today. Just simple math Outstanding shares 513 million Shares short -90 million Institutional shareholders -40 million That will make approximately 380 million shares for the other shareholders. 380 million shares / 7,5 million shareholders is 50 shares on average for each shareholder. I don't know if you all have bin following some Apes on Twitter, Reddit or other social media platforms, but people with 50 or less stocks are a minority. Don't forget when the stimmy did kick in, the average price was 11/12$ and most of the people who spoke about it used their complete stimmy, which gave them already 100 shares. That's the good thing about the share count. So make sure you going to vote for the shareholders meeting and ask your broker how you can vote. It wouldn't surprise me that total outstanding shares will be multiplied. Understand good, this is against the law. When it comes out that their will be not 513 million shares, but 1 billion shares or 2 or 3 billion shares are outstanding, someone or a few more peoples are in big trouble, really big trouble, when the price will keep going up and they get a margin call. Because when you are trading with money that's not yours, the day will come that the owner wants his money back and above all don't want to lose his own money because of your risky trades. On top of that if SEC and FINRA will do their job, which they didn't really do after the 2007 crash, the punishment can be bigger and much bigger then only losing money. JAIL.. But.. don't know if you have watched 'The Big Short' and if you haven't you certainly should do, this financial world is kinda scaring.. It is a bubble. They are living in a bubble and the average Joe can pay the bill for it. In 2007/2008 millions of people lost their houses, jobs, family and above all they have seen an decrease of their health. Don't forget what money troubles do to a person. If you have to take care for your family and you are paying the rent every month, but your landlord is in trouble, you are in trouble. It is that simple. Shouldn't be like that, but in the USA it was that way in 2008 and maybe still. So sincerely I do hope my Ape family is right and we will see the biggest transfer of wealth in history. Because I do believe a lot of Apes can make their lives and the lives of their loved ones a little bit better with some gains. The difference between 1 or 10 million USD on your account is not that big, but the difference between $ 100,- and $ 1.000.000,- is huge! Uhm.. Wait the chart.. Well one last thing about the chart.. After the Apish breakout from this pattern and have retested it 100$ is a region where we can find a nice area with probably some accumulation before it will continue. This is based on the price action we have seen this week. When HF's starting to cover it all will no make sense and the moon is the limit. Anyway, no advice, but i'm holding those stonks with diamond hands! Let me remind you, this NO financial advice, nor am I a financial advisor. I just love the stonk, love to eat crayons and draw lines. Make everyday some smiling, give every day something extra and you make the world a better place! #ApesStonkTogether #MOASS is inevitable #AMCARMY BTW This all above is also for #GME. I'm holding both and I love both! #ApeNoFightApe
NYSE:AMCLong
by JohanRD
2