AMC to $25?AMC in my opinion is backtesting the over shot channel. If all goes well, this may squeeze to $25 before getting back to about $10. Not financial advice.
AMC: Buy ideaOn AMC according to the configuration of the chart, we would have a high probability of having an upward trend over a time unit of one (01) hour in the event of a break of the vwap and the resistance line by buyers.
AMC Bouncing Back Up Offf Support. AMCThis appears to be a A Wave of a new zigzag that sent us to low of lows at 3.00 . Now well and truly back out of thee OBOS territory. Generally speaking, A waves do not produce momentum divergences, and this appears to be the case here as well. AB trendline, along with MIDAS has been crossed, BB%PCT
AMC - The Last BottomI've left this chart as big as possible so you can play around with it and see what I see as much as possible.
We're bouncing off the $3.00 resistance level.
There's one more resistance below us.
$2.50. Anywhere much below that and we reach another new all-time low.
Considering we're on a bea
AMC: Bearish Channel: Buy ideaOn AMC as you can see on the chart we are in bearish channel situation so it's mean that we would have a hight probability to have an uptrend if only if we have the breakout with force the resistance line and the vwap indicator by buyers.
Break above 8 month resistanceThis Green trend line has been AMC's resistance since the May run-up of last year.
Right now, the price action is bouncing between it and the Red support line.
With the 4th anniversary of the first sneeze coming up, the BOJ rumored to increase interest rates to the highest level in 17 years on F
Bearish PennantBearish Pennant pattern, dropping support. Expect a downward move within the next month. Also, movies have been terrible lately, and many families are switching to streaming from home.
APES will like this, AMC to $4My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at or near bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI)
AMC - Possible Short Sqeeze Coming!This looks like a bottom for AMC. The shorts aren't running yet, but it looks like it's setting up to squeeze them.
The financials are still horrible, but this is just a technical play on a meme stock.
This is the key to this play: AMC Hldgs's short percent of float has risen 7.31% since its last
AMC Entertainment Holdings | AMC | Long at $3.66First, I'm not an " NYSE:AMC APE" and have zero interest in becoming one. Second, don't trade NYSE:AMC unless you are fully aware the investment could go to zero or the company may devalue your trade via share dilution or other means (i.e., don't simply do as I do or blindly follow anyone else's
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Displays a symbol's price movements over previous years to identify recurring trends.
