AMC Price Prediction for First Week of June 2022This chart is the run-up of May/June last year (2021) with my prediction of how this coming week will play-out if the past repeats. Dates in RED are current dates (this year) with the correlating price it was during last year's run.Longby Cypher9214415
[STOCKS] AMC Position Management (DCA)Hello everyone, I've been covering the AMC topic on my YouTube channel for over a year now. In the meantime, I came across many people who (unfortunately) have bought in at a relatively high price. In this idea, we're looking at the effect of Dollar-Cost Averaging your position. There are two examples here You've bought your first 1000 Shares at $35.96 ($35960) (1) You buy 1000 Shares at $10.39 ($10390) and end up with an average buy-in price of ~$23.80 (2) You buy 2500 Shares at $4.00 ($10000) and end up with an average buy-in price of ~$13.20 This is just an example. Of course, the numbers are individual. This method is essential if you want to break even or close your position with some profits. This also requires capital management and some spare money. If you're overinvested and have nothing left to lower your buy-in price, you need to stay calm & patient. While we're looking at the weekly chart, we see three reasons in this chart for a possible trend-reversal The price found support at $9.50, which is also the key level of the bullish pennant from Jan 21 to May 21 The Relative Strength Index (RSI) is printing a divergence. Buyers seem to be active in the market while the chart shows a lower low, mainly due to the recent fear & sell-off in the market. We've talked about the reasons in my previous ideas. The ADX indicates an absent trend, similar to the price action at the end of 2020. Sellers might be exhausted at this point. We could see two scenarios here 1. A retracement within the downwards trend to ~$19, followed by another sell-off and a lower low 2. A full trend change with the price moving past the $19 level and finding support here Both scenarios require time for confirmation. For now, I'm long and I'll add some more to my position within the next days. If you like this idea, please let me know by commenting or liking. Feel free to share your own idea in the comments as well. Also, check out the stuff below ⤵️ Longby Anton_XBT1117
Update: ;AMC macro cycle TA TheoryFirst, please look closely. That green wave is, essentially the void. A place where the price has no sky limit except for the yellow dotted line connecting the peaks of the last two squeezes. The white has been used to keep price stable. Any halts we saw, i think, is due to fear from letting the price leave these lines of resistance. Inside the the purple is what they want. There is a top but no bottom. Perhaps the cycle is 'pull buy orders during the cross over' then when it enters the purple 'let it rip'. This can change of course, if ftds become too hot or the swaps place too much risk. If this happens, then you use the long wave across the top (also white) to act as an area of distribution. The scary thing for them is that eventually, there is an end.. but its so far down the line (2025) it works in their favor. There needs to be a catalyst.. something.. that breaks us out of the resistance otherwise we smooth sail until 2025by W40kProfit226
AMC short Does not look like the buy trade will make it. Back to short and have pending order in at 7 if we get there. Shortby holeyprofit111
AMCMID-TERM: Double bottom, wedge, bullish engulfing on daily, classic bullish divergence on RSI. (not financial advice)Longby Champion-Vibe5
Analysis-uptrendAs you see on the chart we will have a big probability of an uptrend.thanks.by PAZINI19338
AMC pain is almost complete.There is a GAP from March 2021 that still needs to be filled. Indications suggest that GAP ($8.08-8.53) will be filled (Red Ellipse) before any bounce can occur. My expectation is for price to fall a further $2 (I know. I KNOW!) and bounce at ~$8. Longby TranceaddicT665511
AMC close to our Buy areaIf you haven`t sold AMC Entertainment here: Then you should know that AMC is close to our buy area: 8.11 - 9.90, from which it can reverse to 19.50. Looking forward to read your opinion about it. by TopgOptions4415
AMC Looking For A 50% Haircut From Here To $6Title says it all an eventual drop to $6 is on the way and a great place at $6 to sell not buy puts with exceptionally high im vol. Not short and not advice.Shortby NewYork888996
AMC RIP OLD FRIEND So, I thought I would put on more post out on AMC. No one and I mean no one wanted to hear anything I had to say about this stock. Thats to bad because I tried so hard. We are in the final stage of the decline. This is not trading advice for you. Shortby darkside108210100
AMC Bullish...Since the low of May 11th, 2022; AMC made an impulse to the upside and seems to now have completed a 3 wave correction of that small impulse which for now confirms my bullish move for the next coming months. Though I was expecting price to move into the bluebox but it fell short but because of the nature of the current price action I then can now no longer look for downside because price has exhausted downside possibilities for the short term.Longby pkhumalo10
Rackspace, Gamestop, AMC, HYMC and others trade eerily similarMany of us know that GME , AMC , HYMC , BB , BBBY and others generally trade in a strange near identical parity within a given timeframe. I was curious as I've recently done some research into Rackspace Technology 's ( NASDAQ:RXT ) current market situation and market history - in particular a common thread that many mysteriously struggling and now defunct companies share - that Apollo Global Management has at some point had a hand in their financial trajectory, usually following the same modus operandi, take a struggling public company private (buying all outstanding shares at the deep discount leaving most long shareholders holding the bag), doing massive gutting and PR, taking the company public again with a relatively high IPO, and mysteriously the company just never seems to succeed but becomes a prime target for heavy short selling (though not directly Apollo, the insiders involved are related in some way to Apollo, Blockbuster, ToysRUs, Sears, Caesars Casinos such as Harrah's, Claire's Jewelry, Linens n Things, to name a few billionaire_boys_club_bbc_ep_16_part_3_the_apollo/ ) - ... incidentally Apollo leaves some particular people embedded on the board of directors - people who have been involved in the rescue and ultimate dissolution of major corporations. The theory is that this is all by design, just following a playbook. Here is a very well researched dive into the connection starting with the infamous Mike Milken and his proteges and going into the connections between this group and many high profile corporate failures. billionaire_boys_club_bbc_ep_16_part_6_the_apollo I encourage you to read the entire series www.reddit.com If you don't believe me, just look at "Independent Directors" Mitchell Alan Garber (incidentally was CEO of Caesars Interactive Entertainment) (and Aquisition Co. www.wsj.com and Dhiren R. Fonseca... there are more. These two were directly involved in the purchase and downfall of Caesars Casinos in particular Harrah's entire portfolio. An example of the scheme Apollo perpetrates is described pretty well in Harrah's wikipedia article starting with its purchase and privatization, next IPO, then some finagling, and finally bankruptcy en.wikipedia.org . Apollo Global has been busy for the past 15 years with this scheme and it's always explained away or swept under the rug through clever legal/corporate maneuvering. I wanted to raise awareness. . Some people have noticed an uptick: www.reddit.com And the salient point is that it all comes back to an elite circle that includes Apollo, Citadel, and others. Longby cnov1110
AMCGamestop's (GME) stock is up by more than 9% in Thursday midday trading, after it was halted four times for volatility. The meme stock went up more than 20% during morning trading, according to a CNBC report. During Wednesday trading, the meme stock also fell by at most 13% on Wednesday. Another meme stock, that of theater chain AMC Entertainmemnt Holdings, (AMC), is up also more than 7% during midday trading. It rose as high as 18% in morning trading, CNBC reportedby Abdullah-Nasser0
$AMC Bullish Option Flow AMC saw bullish Call buying and Put writing today, currently trading +2.7% afterhours . I followed with the 5/20 $13 calls. Bullish confluence in RSI indicator First line of resistance $14.8/$15 zone will take profits there, with a break to upside implying a further move to $17 zone 10 day MA (blue line) Lot of supply overhead, move will happen fast where I would suspect a typical dump. Use a stop loss : ) Cheers Longby FriscoTradesUpdated 2210
AMC longFirst time long AMC. Did pretty well with shorts from 60 - 70. Pretty good support levels here. Long 13. Longby holeyprofit21215
Earnings watch 5/9Earnings watch today 5/9: SU DUK BNTX LMND HLT AMC BLNK PLUG ATER PLTR Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comby Options360Updated 2
GME 1d Pattern on AMC 15minRepeating pattern?? does anybody else see this or am i tripping?by GuiltBeCrowned447
#SuakuFlowsWatchlist - 5/16/22#SuakuFlowsWatchlist $AMC C > 12.49 | P < 11.49 $GME C > 106.78 | P < 95.04 Tonight's picks are rather 'meme'-heavy but the setup looks good. Looking for a 3-1-2 bearish reversal on both tickers. Scale out above 20%.by JARQ941
amc respecting the meme linesAmc technicals show us that we are in a descending broadening wedge or megaphone. if the algos respect the pattern and we break to the upside expct the measured move to bring us back up to the previous swing high range where the buy button was shut off....what happens from there will be up to the apes. will they hodl or will they capitulate and sell??? Get your battle plans and ammo ready, doomsday is approaching fastLongby firstwavecrypto223
AMC $AMCJust the current situation of AMC. Make AMC break out of that downtrend, if we break support, it is over. Nobody can pick the bottom, so i post this as neutral, just as an overview of how the stocks looks at the moment. Stay safe!by 10xTrading1
Potential End of the Downtrend (Monday May 16th)Check it out, the aqua blue and orange lines represent the downtrend we've been following since the March run-up. Today the price is being pinched between both lines. Monday could be the day. Not saying MOASS on Monday but probably time for some upward momentum. Longby BakedSpud327