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 trade ideas
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 crossed zero line a few candles ago and we are bullish otherwise technically.
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 bear rally (no consistent higher-highs and higher-lows in months - greatly part to capitalizing on whatever bull rally available by offering shares to reduce debt)
But considering AMC doesn't plan on offering new shares soon and the stock price is threatening to hit new all-time lows: the stock will have to decide whether this is the last bottom, or if the company is worth less than ever.
I could see a retest of the the 2.50 range. After all, every single time we've hit a bottom, we've hit it again and then dropped even lower.
There just needs one time where the stock can bounce fro an all-time low and go past "old lows".
The price popped above the 200EMA on the 4-hour chart in May of last year, which led the stock to soar from 3.57 to 13.30 in a matter of a couple candles.
I'm still waiting to see the price get pinched between the 200EMA on the daily chart (5.56 right now) and the bottom (2.40 right now).
Earnings could be a catalyst. Some Trump decision could be a catalyst. Ken Griffin having a heart attack could be a catalyst (I don't wish any pain on anyone, but some deserve what's coming more than others). It doesn't matter.
AMC is making leaps towards being a profitable business and the spring can only be wound so tight.
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 Friday morning, and the first FOMC meeting of the year and new Presidency being next Wednesday, I think the perfect storm is brewing for hedge funds to have to close their short positions.
If we close the week above 3.50/above the green resistance line, I am expecting volatility to the upside.
Also important to remember that at 5.66, AMC can clear $400M worth of debt, which would bring the company closer to $3.5B.
Compared to the high of $5.88B in debt it had at the end of September 2020, that is great progress.
Let's see what happens in the next couple days/week.
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) at oversold level
VBSM is spiked negative and under bottom of Bollinger Band
Price at or near 2.618 Fibonacci level
Bought 1/17 call $3.50 strike for $0.09
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 report. The company recently reported that it has 53.05 million shares sold short, which is 13.94% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.53 days to cover their short positions on average.
Remember: there's a debt conversion to stock at $5.66 so if it does get to $5.55 reverse and go short.
This is not investment advice, I'm just a village idiot that likes to think out loud.
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 moves, for the matter).
With that aside, I started a position/gambling play today in NYSE:AMC at $3.66. The reason is 80% technical analysis and 20% fundamentals.
Technical Analysis:
The blue line on the chart represents an average true range (ATR) from a historical simple moving average (SMA) that I use for trading. For simplicity, the historical SMA is not show on the chart - just the ATR. This blue ATR line has historically been a major line of resistance and support. When it breaks through and holds, the stock goes bull - but history may not repeat. The price recently broke the blue ATR line, fell below, and the broke out again today. This may be a sign that the downward trend (overall) is changing - perhaps furthering the accumulation phase in the $3s or a gradual rise from here. And with today's breakout, I grabbed shares at $3.66.
Fundamentals
Since 2020, NYSE:AMC has shown major gains in revenue and net income (loss reduction, that is). Revenu: $1.24 billion (2020); $2.53 billion (2021); $3.91 billion (2022); 4.81 billion (2023); $4.4 billion (2024, Q1-3 only). Net Income: -$4.5 billion (2020); -$1.27 billion (2021); -$973 million (2022); -$396 million (2023); -$399 million (2024, Q1-3 only). The company is not expected to become profitable until Q4 of 2026 , but the improvements are what one would like to see.
Counter-arguments and statements the stock is junk are totally valid. But the chart is quite interesting as the company moves toward profitability (maybe...).
Targets:
$4.30
$6.00
Squeeze/mass hysteria: $18.00, $40.00, and ridiculousness: $85.00
THEY want u to sell amc before 150..Weekly falling wedge target $150 coming SOON; i cant post the small timeframes pics all in one post, so last one and this one combined, let’s goooo! Gap hit from the may squeeze today.
THEY want u to sell AMC.AMC is headed to it’s weekly falling wedge target ~$150 with paytience. Holding calls until then.
It finally hit the gap it needed to and it’s oversold on all timeframes with a falling wedge and bullish rsi divergence on 10min. U sellin?
Double bottom forming on the 15 min chart this morning?AMC has done nothing but gone down, since Roaring Kitty pumped GME in early December, and AMC traders thought they were supposed to go along for the ride.
AMC is trading at all time lows and it's not looking great long term. There's a possible short squeeze here if meme stocks make a comeback in 2025, but I wouldn't hold my breath.
At $5.66 there's a debt to stock conversion that will probably limit the upside. Plus management has a track record of diluting shares when the stock tries to move up.
AMC may not go bankrupt, but the financials look horrible and if meme traders abandon it, it's going to remain a penny stock.
Here's the news from this morning.
AMC short percent of float has risen 7.31% since its last report. The company recently reported that it has 53.05 million shares sold short, which is 13.94% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.53 days to cover their short positions on average.
This is not financial advice.
AMC: A Fresh Perspective on the Next Bullish SurgeAMC stock has captivated the market with its dramatic price movements and retail-driven interest. Earlier, we projected a bottom at $4, predicting a robust rise to $18 and potentially $40. While AMC reached $5.50, this was later identified as an X-wave within a complex WXYXZ corrective pattern based on Elliott Wave Theory.
Our renewed analysis now suggests that AMC may form a definitive bottom around $3.70. This correction phase has been a challenging journey, but it aligns with a textbook double-three pattern, signaling the groundwork for an explosive rally. From $3.70, we foresee AMC embarking on a significant upward trajectory, with an initial target of $18, followed by a climb to $40. The potential for even greater heights remains firmly on the table, especially as investor sentiment and technical indicators align.
Why This Could Be the Turning Point
The significance of the $3.70 level cannot be overstated—it represents the culmination of an exhaustive corrective phase. This area serves as a psychological and technical pivot, where the bullish scenario becomes increasingly viable. Key market dynamics, including trading volume, correlation with meme stocks, and broader market sentiment, support the case for a strong upward move.
As AMC approaches this critical juncture, we remain optimistic about its ability to break free from the prolonged corrective pattern. Investors should keep a close eye on this stock, as the potential for significant gains looms large.
Broadening RangeAfter the heavy fluctuations in May we are trading in a range. Since November this range is broadening but within a rising bias. After the short term rise last week which can be considered as a signal we have corrected downward again.
We are close to the bottom of the range again now and if the stock will really rise then this may be the chance of an entry.
AMCLooks like it's reached the manipulation phase and "eventually" will break to new ATHs. Look at how low the volume is, that is a beauty if I say so
01/02 AMC long Hi traders,
It looks like AMC has found a bottom and is poised for an upward move. While AMC’s fundamentals may not be as strong as before the rise of online streaming platforms, this giant movie monopoly isn’t entirely out of the game. Technical analysis suggests a bounce from current levels.
My initial target is the $4.70 area, but we’ll need to watch momentum closely to see where it leads next.
May the trend be with you.
AP
A rising star in the market sky, poised to soar as the world sayA journey destined to be told,
In stories of gains, both fierce and bold.
Meme injection?
AMC Stock: Reversal in Sight? Long Opportunities Ahead!Hi fellow traders! 🚀
AMC has been tunneling down in a steady downtrend on the 1H chart, but things are looking up! Recently, AMC broke out of its range, found solid support, and respected a new bottom – a promising sign that a reversal pattern is forming.
Here’s the current technical setup:
Support Levels: $4.00
Resistance Levels: $4.30, $4.63, and $5.00
$5.00 aligns with a higher timeframe Point of Control (POC), making it a critical level to watch.
The stock has shown strength at the $4.00 support, suggesting a good base for long positions. The price action is beginning to favor the bulls, and if momentum builds, we could see AMC test higher levels in the coming sessions.
📈 Trade Idea:
Look for long entries near $4.00 with a tight stop below this level.
Target the resistance levels sequentially: $4.30, $4.63, and $5.00.
Watch for volume confirmation and further signs of bullish momentum to validate the move.
🌟 Sentiment: Positive
The technicals suggest we may finally see a shift in trend. Keep an eye on $5.00 as a significant hurdle, but the path to the upside looks promising. Let's ride this potential reversal to the moon! 🚀
What do you think? Share your thoughts in the comments! 💬
#AMC #StockTrading #Reversal #BullishTrend
AMC, bullishAMC making an IOFED, ready to explode??? I mean not maybe to 1000k but to start a bullish at a short term.
AMC Stock Analysis: Poised for a Skyrocketing Rally?AMC Entertainment Holdings (AMC) has shown intriguing market behaviour recently. Since its low of $4.03, the stock staged an upward move, peaking at $5.50. This move could be seen as corrective, but due to its correlation with GameStop (GME) and retail investor sentiment, we interpret it as an impulsive contracting diagonal wave.
The subsequent drop to $4.30, marked by an ABC correction, likely served to shake out stop-loss orders. Now, AMC appears primed to surge beyond $5.50, with an initial target of $18 and the potential to climb toward $40 or more.
However, our bullish scenario hinges on $4.03 remaining untouched. Breaching this level would invalidate our outlook and point to further bearish pressure. For now, AMC represents an exciting opportunity for growth, supported by technical signals and market momentum. Stay tuned for updates as this stock unfolds its next chapter!
AMC Stock Watch: Potential Breakout OpportunityAMC Entertainment (AMC) is showing signs of a potential breakout. Currently hovering near the critical resistance zone of $4.80-4.95, monthly close above $5.35 - $ 5.50 levels could ignite strong upward momentum.
Given the technical setup and market interest, a breakout could propel the stock toward the $11–$12 range, representing a significant upside. This move would likely attract both retail and institutional traders, further fueling the rally.
Key levels to watch:
Support: $4.80–$5.00
Resistance: $5.31–$5.35
Target: $11–$12
SL: $ 4.25
As always, monitor volume and broader market conditions to confirm the breakout. A strong close above resistance, especially on high volume, would validate this thesis.
AMC is preparing for the move of the century.AMC is forming a multi-year falling wedge. Once it breaks—and it will take time to break—it will trigger an epic move. This could be the move of the century, one that could bankrupt many short sellers for good.
The MACD and RSI on the weekly chart show significant and strong bullish divergences, indicating that the move is about to start.
The price will likely encounter some resistance around $10-$12, where the upper trendline of the falling wedge lies. However, this resistance may last only a week or two before a major breakout begins.
Technical analysis (TA) suggests an exceptionally powerful move is imminent.
AMC is a heavily shorted stock, and when the breakout occurs, the move will be epic due to the need for synthetic share covering. Additionally, AMC is largely owned by retail investors, which means there will be limited shares available to cover the move.
Most importantly, box office revenues are recovering. By 2025, with even better movies, the box office will likely continue to grow, regardless of broader economic conditions—similar to 2009, when the movie industry remained resilient. With this recovery, AMC could even resume paying dividends as it did before the pandemic, further driving the stock toward new all-time highs.
However, remember that this won’t happen this week or even in the coming months. The pressure is building, and it will take time.
This is great news for smaller investors who still have time to buy this stock before it starts moving like never before.
