HODL (maybe biased) stay above macro downward trendlines
stay above raising wedge
Stay above 0.5 Feb.
wait for the $APE aka. share count
#APESTOGETHERSTRONG
AMC trade ideas
AMC Could hit $14? Naw its AMC DayWe Fell Back below resistance before close, but IDC
Tomorrow Who Ever is Holding AMC will receive an APE on the 22nd!!!
This Will be Monumental!
Even if they don't close?
1. The Buying and Holding Pressure tomorrow will be Extreme!!
2. We will have holders from baby and game piling into AMC
3.For the First Time Ever we could finally expose Synthetic Shares in the Market!!!
4. I would think the 90 million short shares, would at the least have to be covered!!!
$33 with Ease
Win Win Win Win!!! We are Making History & showing the whole world things can change!!!! See you on the Moon.
This is not financial advice
Short Interest 95,091,742 shares
Short Interest Ratio 1.43 Days to Cover
Short Interest % Float 18.45%
Off-Exchange Short Volume 17,363,626 shares
Off-Exchange Short Volume Ratio 59.90%
AMC WeeklyApes cannot lose $14-15.6 in order to keep this short term uptrend... and will need to break $27-28 to confirm uptrend. Let's see how it unfolds. Gluck
AMC UpdateBailed out this morning for a small profit, wish I had dumped on the afternoon pump yesterday, but that's how it goes with speculative trading.
Anyways, the chart pattern is very bearish, similar examples highlighted, usually this means a gap down the next day.
Done playing with this for a while, I actually like playing this long so probably not shorting it even though tomorrow appears to be a down day. Everyone's gotta have a favorite garbage stock I guess, lol. Probably just because I made a bunch of money on taht first pop.
AMC MOASS enough said.Expecting a big bounce in the morning from heavy buying pressure, we are nearing #APE #checkmate
We are trading in an ascending triangle looking to be headed towards $34
Short Interest 95,091,742 shares - source: NYSE
Short Interest Ratio 1.43 Days to Cover
Short Interest % Float 18.45% - source: NYSE (short interest), Capital IQ (float)
Off-Exchange Short Volume 17,363,626 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 59.90%
It's possibleI hate being short, even for the correctional phases but this can go south. I also still have the tingle in my pineal gland. So we will see. Either we drop down to 22ish and then proceed the uptrend or we JUST GO. I hope it's the latter.
Stay focused. Stay zen.
AMC UpdateWell they pumped it despite bad earnings, if they can't make money during a blockbuster summer season, then they'll never make any money.
But a lot of crap stocks with crap earnings like Wayfair and BYND went up on a short squeeze, and meme stocks are even squeezier, so I don't think this is over yet. Did an overlay using the highlighted area.
Note: Both RSI and MFI are overbought on the daily, so any long position here is pretty risky. No position because options premiums are way too high.
Analysis-downtrendOn AMC as you see on the chart we will have a big probability of a downtrend after the breakout of the vwao indicator by a big red candle with a large volume .Thanks.
AMC Weekly Breakout Target .886 AMC Weekly measured target returns to heartline of overall uptrend in channel, as well as meets .886 on fibs exactly. See older post for Monthly time frame as this is also playing out.
AMC Theatres puting 5 million or buying 50 k contracts alpha trend looks like it would be starting for amc----so im excited---going to invest; waiting atleast 6 months....possibly 5 if things changes fast but im hoping we have a long bull market this year in nasdaq stocks and bitcoin
$AMC - AMC Entertainment Holdings taking profitsWith +80% of profits I am taking them for now before reaching the target, will be buying again if it dropped to $16 - $17.5.
Moving my profits to $MULN (stay tuned for the chart)
Like👍 & follow🚶♂️
AMC confirmed higher lowsAMC has confirmed higher lows up to the 4h time frame. The 1h RSI is starting to cross the EMA and the 2h is almost there. We also still have a nice cup and handle on the 2h time frame.
AMC AnalysisPrice did not play accordingly to what was analyzed the previous weeks. Right now, price mitigated the bearish POI at 26.41 and reacted strongly. I'm expecting price to retrace to the bullish POI at 18.37.
AMCThe market has achieved the first target, I will put the idea link below, now wait for one of the two movements
The first is for the price to fall to the neckline area of the double tops pattern 21.89 as a retest to rise again
Or to rise from level 23.95 directly to achieve its next target 29.04
Today will be crazy. Next week will be unreal.Buckle up apes. We won. No way on earth they beath this down once more. Thanks to APE, AMC will make us some good money.
Stay focused. Stay Zen.
I'll show you how to make up to 50% gains in AMC in TWO DAYSI have been forecasting a high near $30 on AMC for a while now. There are a lot of Wyckoff trading ranges working in conjunction with one another at the present time, which is great because it allows for much better price forecasts.
Expect that the markets will be CRAZY next week. We will be hitting a top in the markets and there will be yet another round of teeth gnashing for the general public in Q4. I fully expect to be making fresh lows in this bear market overall.
The more we get closer and price plays out, it is easier to map out the likely price action. I've been following AMC simply because there is high general interest in it which allows for much more volatility in the stock. Volatility = good thing if you know how to trade it right.
Here is how I'm seeing AMC shaping up next week.
Monday, we will likely start out the gates LOOKING bullish, but that quick bullish move will likely retrace back into the low $22 range by close of market.
My forecast for Monday is around a $26 high, I think it will come off as a bullish run in the morning as stated above, but by lunch time or closer to close of Monday's bell, we will be near a $22 low. You should be ready to capture that $22 low Monday...
We could very well see a $22 low by lunch on Monday as well, and a very strong move upwards by close of markets Monday.
Near close of markets on MONDAY and into TUESDAY is going to be fireworks... Or a continuation of fireworks that started from Monday.
I am currently of the belief that price is likely to reach $33 - $34. I personally won't get TOO greedy, and will be looking to take profit at $33, which is still very close to a 50% gain in just two days. Throwing in $10k, that's still a roughly $5k profit, minus "this, that, and the other for fees"...
STOP loss is at $20.50 - if we reach that, something with the plan went wrong, and we parachute out of the position and wait for further confirmation of the situation before we take a trade.
$33 will take profit and roll my position into a SHORT. Expect a strong decline in the markets in general. I will keep an eye out for signs of a turnaround. But won't expect it for AMC stock until at least end of October or November at best.
IF WE MAKE A HIGHER HIGH ABOVE $34.31, IMMEDIATELY STOP LOSS FROM THE SHORT POSITION. WE MUST RECALCUATE PRICE ACTION.
ENJOY
AMC to $22 before $30 -$33 price next week. Don't wait for splitI'm going to clarify this... I know that AMC is dong a "special split".
Don't be consumed, this is stock dilution... Period.
The HIGH next week will come BEFORE the 19th. There will be a HUGE crash of this stock before the 19th. You won't be able to catch the top AND have the APE split, so you better get clarity on which one is more important to you. The worthless split, or catching the high?...
Me personally... I'm cashing out my calls that I will be in at the beginning of next week and flipping to short positions immediately after targets are reached.
FYI - we may even get to the $22 range by the close of the market today, not 100% sure. If not, definitely at the beginning of the week. Buy, rinse, repeat, sell.
Good luck
AMC Stock Technical AnalysisThe Idea would be to follow the trend, therefore find a signal to sell as the trend is downward.
Option One Sell only if in the next day the resistance of 28 USD will not be broken.
If the 28USD will be broken just HOLD.
If you are long maintain the position if the 28 USD will be broken. You should not be long on a bearing market.
AMC moass imminent $100+Looks like AMC is headed towards a massive breakout to the upside.. I expect us to be in the 30s very soon.
AMC OverpricedThis is not advice, only my opinion. You must do your own due diligence.
I'm full bear on AMC.
It's overbought on hype created to maintain the #AMC #GME swap.
Neither fundamentals nor short interest supports the current price.
It has a long way to drop and money to be made.
