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AMC - PART 3- POSSIBLE BULLISH ASCEND TRI - SPEED FAN ARC/PLAYAll, AMC far more interesting here if we can break out the top to confirm the ascending triangle. The two fakeout candles also make it seem this way. Looking like we of course would hit 68/70s on way up but the cap would be around 103ish maybe less FOMO. NOT SAYING THIS WILL HAPPEN. We all know how crazy the shorts are etc. Other would be not fakeout candles and be bearish move down probably bad one. PLAY = WAIT AND SEE AT PATTERN END
NYSE:AMCLong
by DigitalData
GME Bearish Flag formingLet the trolls begin lol. To be real the volume has completely dried up since Jan on this stock. It makes sense since its trading at 200+ dollars and trading as high as some really good stocks like SQ and FDX. Others went on to other meme stocks that are much cheaper to trade. The average guy can no longer afford to buy up here and possibly lose his/her money due to the insane volatility. My guess is the only people pumping this stock up here are whales that still make alot money off of this and the average retail traders who are completely in love with this stock. I get it. As far as the chart goes, I currently see an oversold situation in the hourly chart which creates the E part of the corrective wave (230ish) then finally come falling back to (153ish) in the .618 fib retracement which only makes sense as its also a trendline support. Stocks or Stonks, it finds a way to retrace back like the January high then a fib retracement of 1 due to the magnitude of the climb. I wouldn't be surprise further down the line it replicates the move up from Feb but in the opposite direction and finally settling back around 66ish area. Dont hate the chartists, everyone is entitled to an opinion or you're just a pig.
NYSE:GMEShort
by CTRLZEEE
10
Don't like memes, a big play on AMCAMC made a huge run up to 70s but now needs to correct the leg that pushed it up. It is currently working on a descending triangle formation that will eventually lead to a proper fibonacci retracement near the low 30s which will most likely fill that gap up before running back up again. There is a huge possibility this can hit not suprisingly (meme) to 100 if it fills that gap. I would go short in near term but long when it comes down to my tgt near low 30s.
NYSE:AMC
by CTRLZEEE
3
SHIBUSDT - UPDATESHIB has recently saw a strong bullish impulse after the news that it would be listed on coinbase pro. Market has broke above the descending trendline on the daily timeframe, now what we are seeing is a nice correction to retest previous resistance as new support. Also if you look on the 1hr timeframe we can see price is forming a nice bull flag. i would like to see confirmations at this support FIRST before POSSIBLY looking at capitalising on the continuation to the upside.
Long
by ITSCRYPTO1
4
make your $WISH*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team discovered $WISH a couple days ago. We first heard of WISH when a friend made a joke about how cheap $WISH products were. The name sounded familiar but we had zero clue that it was an online retailer until he explained it to us. Perhaps we didn't know because we live under a rock, or maybe we're too busy making money instead of spending it by shopping online. Regardless, we still see the appeal of $WISH, and we wonder just how much of its market still remains untapped. If none of us knew what $WISH was prior to a couple days ago then maybe...just maybe...this is just only the start of its rally. $WISH is also a meme stock apparently. My team has never traded meme stocks prior to this post, but that doesn't mean that we're opposed against them. Our issues with most meme stocks dwell in the overvaluation of the stock...but we suppose that's the whole point. $WISH is a rare case however because it ACTUALLY looks undervalued to us. We're long. entry: $11.30. take profit: $18 stop loss: $9.50 If you want to see more, please like and follow us @SimplyShowMeTheMoney
WLong
by SimplyShowMeTheMoney
2
AMC - UPDATED PREDICTION 2 SCENARIOS - WHERE IS THE BIG $$All, I think simply one of two things happen. Scenario #1: -we hold the uptrend and break up to retest 68-72 and possibly go to new highs -we are entering somewhat of a squeeze (bollinger band not hedges lmfao) -- hitting channels on multiple timframes Scenario #2: -we crash below uptrend support again (already lost a few tight uptrends) -we then crash and hopefully hold a falling wedge sharply down into the low 40s (still needing to create a HL) this will not only cause a divergence most likely but be a very explosive breakout. Will update later with additional thoughts.
NYSE:AMCLong
by DigitalData
3
Make or Break Resistance PLTRPLTR is back at another high-traffic area of resistance. There's been lots of accumulation between $24 and $25 over the last week or so. But I have a feeling if it can bust through this level, we might see it go back to retest the lower fib. If it can, though, I'm hoping that the next fib higher around $27 is the mark. I currently have a position in the $24 calls expiring July 16th so we'll see if some momo can't squeeze outta this between now and the next few weeks. Obviously, would love to see $26 tested first. Anyone else have thoughts on the 1-month outlook? Has gotten caught up in some of the meme stocks hype but not full ape lol. Also had some good news from the CDC renewal this week.
NYSE:PLTR
by PennyStocks101