AMC: Buy ideaBuy idea on AMC as you can see on the chart if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.
AH91 trade ideas
Do you guys realize….Do you guys realize the MACD monthly has just gone bullish since February 2022?
Do you realize how significant that is?
DIAMOND HANDS
AMCIm still on this idea for AMC
Ive been seeing this same potential flag consolidating for the last month
and I'm all in after seeing just how tight it is getting
if I'm wrong, Im wrong.
potential hidden bullish here as well
it is above the 200 day as well here
Bullish sentiment incomingThe 50MA is converging with the 200 MA on the daily chart. If it crosses above it is referred to as a golden cross and is considered to have upward momentum. The idea is simple but can be added with other indicators to support a trade.
Bears say AMC has too much debt. I read that AMC successfully refinanced some debt. Huge win for the company. If they ever go bankrupt it ain't happening yet. They're very much still in the game.
I think technology will advance and make going to the theater attractive again.
Bullish on Roaring Kitty We have few opportunities to make exceedingly high gains on one trade, this is one of those times.
As a note don’t get greedy and if you are substantially in the green take profits or sell your investment stocks to trade with profits
I’ll be selling the spike then reentering the trade at the selloff to rebuy to the roaring kitty live feed
Th3Unkn0wn Follower's Request $AMC Thots (Thought$)@Th3Unkn0wn
Ask and you shall receive...
I really do think under 2 billion valuation is low. AMC streaming has to be in the works right? Its cheap, when hollywood changes their tune aka "woke n broke" AMC should have a resurgence of interest from movie lovers and if they incorporate streaming this is gonna be worth A LOT MORE...
No positions, just thoughts... if youre long this stock you want a BOTTOM TECHNICAL PATTERN, laid out is a nice inverse head and shoulder reversal IDEA...
"A path has been laid..."
- Prophecies
AMC LONGLooking at this consolidation setting up / gathering energy to make a run at the long term down trend line.
A spike over $6 should send us towards first red box around $7.50 and then a sharp run into $10-12 and ultimately the gap fill at 19.40 which lines up close to the long term down trend line.
AMC The Danger has not passed yet!1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one.
2) I drew resistance line on DMI indicator and it has not been broken yet.
AMC slow and steady?Just a general idea, seeing as August calls are getting more popular because of movies plus the movies in that time period look to have better customer yield.. ?
If markets weren't so corrupt i feel that this play over 2 months or greater is completely possible, any good news will push this higher every time in this new bullish cycle!
NYSE:AMC NYSE:GME
all in HODL MOASS AMC ROARING KITTYonce in a lifetime event.
#MOASS
Citadel shall pay for their sins
Meme stock alertInverse HS and bullish flag forming. It has already tried to break the 10-11 zone. I think is going to try again. I opened a small long position, not planning to risk much here bc is a meme stock. Just for fun. Also it could find some resistance at 7. Take some profit there.
Breakout for our favorite meme stocks $GME and $AMCTrying to shed some light on the potential path for both stocks and what levels im watching!
Dont Say I Didnt Tell YouAMC will follow GME, if you look at the larger time frame it is setting up a LARGE move.
Its exhausted to the down side, taking profit at 50% stock gain. wont do options.
Blockbuster move coming to cinemas near you?**Not Financial Advice** I have been wrong before :)
I believe AMC has a path to $16-$20 at the very least and fairly soon. It may retrace from there completely or to around $10 before going higher. To the moon target could be as high as $400 or more.
AMC: Buy ideaOn AMC according to the configuration on the chart we have a strong chance of seeing the market go up if all the analysis conditions are respected.
AmcAmc has hidden bullish divergence
flag pattern
low stochastics
I can see this stock at 14, 15 a share very soon
Short term triangle formation This short term wedge pattern will likely resolve this week. I'm expecting a breakdown to the 4.50 area and then maybe more upside. Patience may give the opportunity for a good entry point.
AMC - Week of June 17, 2024Its been a while since I published anything. I have been working on getting better at my skills and TA, just to be honest.
Two years later and AMC looks attractive again. Why?... Well it derives from a bunch of degenerate cultist (like myself) who believe in the stock / company, the evolution of what we know as the theater industry, and same fractal patterns reoccurring. Oh yeah, and the correlation of GME and AMC being exact.
So I will approach this PROJECTION (because thats all this is & NOT FINANCIAL ADVICE!) as a sympathy play to GME. See GME analysis on the next post.
I begin doing a top down analysis. Here is the Monthly view on AMC. Currently price closed at 4.99 on June 14, 2024. lol Cant make this up!
I simply see a Dumb Money sequel - Hedgies Getting Wedgies -
Coming to an AMC theater near you.
When we squeeze I see it AMC going to 174 - 154 per share price before it is met with great resistance and pulls back. Here is where the real test comes, we will see if with enough force AMC breaks this wall of Hedgies. Shall it have a blow the top off moment, it needs to stay above 195 to get to All Time Highs!
I could be completely wrong and it goes to zero....
NYSE:AMC
Wedges and Triangles for AMCLooks like a wedge or triangle is forming in AMC. My entry was pretty bad this morning, so I wanted to pass along what I learned today. Looks like AMC has another few weeks of relatively sideways movement before another significant leg up or down.
$AMC Descending Broadening Wedge FormationOverview:
NYSE:AMC is currently exhibiting a classic descending broadening wedge formation, a bullish reversal pattern that suggests potential upward movement. This setup is characterized by two diverging trendlines, with the price making lower lows and lower highs within the pattern.
Long-Term Target:
Based on the wedge formation, our long-term target is a move back to the top of the descending broadening wedge, around the ~$300 level. This target aligns with historical price action and significant resistance areas.
Short-Term Targets:
Before reaching the long-term target, NYSE:AMC is expected to hit several key resistance levels. Our short-term targets are in the $10-$15 range, where the price is likely to encounter the major resistance trendline.
Trade Strategy:
Entry Point: Look for entry opportunities near the lower boundary of the wedge, ideally around current support levels.
Short-Term Profit Taking: Consider taking partial profits as NYSE:AMC approaches the $10-$15 resistance zone.
Stop Loss: Set a stop loss below the recent swing low to manage risk.
Technical Indicators:
RSI: Monitoring for oversold conditions that could indicate a potential reversal.
Volume: Increased volume near support levels can confirm buying interest and potential breakout.
Conclusion:
The descending broadening wedge on NYSE:AMC suggests a potential bullish reversal, with significant upside targets in both the short and long term. Traders should watch for breakouts above resistance levels and manage risk accordingly.
AMC PullbackAMC coiling here near a key moving average after pullback from its initial move. Our premium indicator has giving 2 blue continuation signals + GME looks to be in a similar position.
Besides the risk of how volatile this name is, this play also has significant overnight risk. A realistic stop on the position is around 15-25% meaning the sizing has to be very low.
AMC RSI Bottoms highlighting a divergence?Looks to be a bullish rsi divergence with an rsi cross on the 3 week chart. I’m seeing a gap to fill on the weekly as well.
