AmcUpdate.. Looking at the Weekly NYSE:AMC #amc chart that Gave give us that one more floor down. And like Noted ones monthly(red) support broke, she was gone. Floor Targert marked. #learn #technicalanalysis #daytrader #stockmarket
AMC trade ideas
Come on now, do it. Don't be shy.I really can't wait for the CEO to make his first comment about the mess with the conversion! Brokers mess to be exact! AMC showing 280% SI, different market caps with different brokers, missing APE shares. I reeeeeally can't wait for the CEO to say something. I believe regardless of any interference of the CEO or anyone at this point, AMC will go it's way. I believe the company is saved the retail and will prevail as the oldest cinema chain in the US of A.
Will we squeeze? I don't know...
Was this narrative pushed by malicious parties to take advantage of retail investors? I don't know at this point to be honest.
Nonetheless this stock is way too interesting to ignore.
AMC UpdateRSI still oversold on the daily, and it looks like MFI is gonna get there.
I don't recommend garbage stocks right now, it appears the market has lost all appetite for garbage. I see a lot of red on my board today because I track a lot of garbage stocks, lol.
AMC idea I think amc will pullback to around $15 after November earning . Technical chart shows there could be support on the weekly level right around at this price of $7 dollars. I bought some calls here but don’t forget this scam could easily declare bankruptcy so be carefull your could lose all the money
AMC Echo Bubble ExpectedHello friends.
We have been watching AMC collapse for some time now, and it was all very expected. At this point, we think it's time to get ready for a long position off of the lows. All of the bad news has been finished. APE is converted. The split is over. The 40 million shares of dilution is over, and they are unlikely to create more dilution in the short to medium term since they have already secured that funding, which should be enough to fuel the cash-burning machine for quite some time.
I think AMC will go bankrupt, but first I think it will have a nice rally
$AMC - Is the bottom in?Disclaimer: I have long followed NYSE:AMC and I personally hold a small position.
It recently found an area of support which will be extremely tough to break, and based on today's bounce, it confirms that.
Bull Analysis:
Recent earnings = long awaited positive statement with positive future earnings outlook
Falling Wedge with RSI divergence:
Falling wedge further information: www.dailyfx.com
Support and bounce from near the 76.4% fib retracement (Elliot Wave 2 target) although I still think it gets to $2.78, personally:
Upper target Wave 3 target (pre-stock split) would be $475 - $623:
Upper target Wave 5 target 200% fib(pre-stock split) would be c.$4000, but AMC hitting this seems very unlikely:
Bear Analysis :
A Break below $1.18 (pre-stock split) would invalidate the bull thesis.
Historically speaking most heavily shorted stocks will fall following a stock split. It could also break the bull thesis. Some interesting research on stocks following a stock split: www.sciencedirect.com
Time will tell and hindsight is a wonderful thing.
AMC November 25th, 2024 seems VERY importantI was charting out an AMC chart, and happened to notice several trends seeming to converge around November 25th, 2024 at approx 586.00. Using that, I refined the chart and trend lines using that point as an origin, and tracing it back through the price action.
Much to my suprise, the trends all seem to match both major and minor movements of the price action throughout the chart. In one instance, the price action rode the trend for more that 130 days, before dropping to a lower trend. Another interesting point is from the inflection point through the peak of the high in June lines up with price action as far back as 2015. Pay attention to not only the wicks and open/closes of major candles, but also the wicks of the smaller candles in between.
I know my charting style is unconventional, but there has been rhyme to my reason in the past.
I do not understand the significance of this yet, so I present my findings to you all.
Please comment and let me know what you believe is happening here.
AMC Providing %30 move breaking trendlineAMC has provided a gap to fill, whether this fills sooner or later, currently a 30% micro move is in the works.
amc bullish breakout on 1 hrAMC looks likely to have a bullish breakout on the 1 hr. If it works well then the sl should be below 50 sma low and tp @ 4 hr supply zone
$AMC - Below weekly bollingersWhat we have is a deeply oversold bounce. I am looking at calls for next week expecting the stock to bid inside the bollingers up @ 19. We might see this move in the after hours.
weekly line trendSince the price has been suppressed for a long time, it is comparable to the level before the rise in 2021. There are three signals worth paying attention to from the analysis of the weekly line trend from the technical form: 1. The price contraction trend is already on the eve of breaking through the pressure level (the red and blue lines under the red wave narrow) 2. The short-squeeze signal appears green, and the red lower shadow line is long relative to the front ( The two white circles on the left) belong to the state of extreme compression before the outbreak. 3. The most critical transaction volume exceeds that of similar positions before the outbreak in 2021 (87 million shares on January 19, 2021, and 105 million shares on August 28, 2023. Conclusion: SS is possible at any time.
AMCI think my next garbage stock bet is going to be AMC. It's at pre-meme price.
PCE numbers coming out Thu pre-market so waiting until Thu afternoon or Friday. If I miss the pop, I'm not gonna cry about it. Learned my lesson on FCEL about getting in too early.
Daily RSI is oversold, but MI is not yet.
AMC history repeats itself? It looks like AMC is on the verge to reset and repeat what is already has done. Lets see in the next couple of weeks how this will play out.
AMC SHORT IDEA Q2 2023LATE UPDATE
im trading what i see and i see some bearish momentum coming up from the benchmark
at qqq so im expecting a ripple effect here coincidentially confluence adds up
AMC idea it’s kinda sad that this stock is being manipulated like crazy . 40+days on the threshold list with millions of failed to delivered shares . as far as I know this stock will merge with the Ape shares and become one after a reverse split 10-1 . then the company will flood the market with more shares to raise more money. with the I can say best this stock can do on a short squeez is $5 but that will be risking it. Until those scam bags funds get more ownership on the company there is no reason why to let it go up. I think after the merge. We see a pullback going to the q3 earning but again money that I can lose.
$AMC back to $2.72$AMC looks like it's headed for another low. I could see the potential for AMC to rally up to the $8.30ish region, but if price rejects that range or just falls here, it increases the likelihood that AMC will fall from here back to the $2 range.
The bottom of the blue channel structure has already been tested multiple times and has weakened support. If it breaks the bottom of the channel price should decline quickly-- back to the $2.72 area.
Be careful if you're long.
AMC insider sellSimilar to the situation before the sharp rise in 2021, internal personnel are once again selling their shares in bulk. I seem to have witnessed the same pattern, and it's only after experiencing it that one won't be afraid.
Long AMC - All short targets and overshoots have hit. Update to my previous series of bear forecasts on AMC in 2021:
We've now completed all of the drop. We might have a butterfly low forming. There's all the hallmarks of a harmonic low in place (Dismal news etc).
I like the RR here.
long entry, major support reached Please please please use a stoploss
i'm not usually into the meme stanks but my rules are telling me to trade this one (shout out nick for the idea).
again,
please use a stoploss.
thanks
AMC a small long positionAMC is in a big downtrend, however can look at an intraday / week long position
AMC Long over 3.4EPS looking good, great earnings, volume inflow, SPX looking bullish. Lets try and ride this baby to the top!
AMC, Descending-Triangle, C19-Variant Could Roast Sector-Stocks!Hello There!
Welcome to my new analysis about the AMC, Theatres Entertainment Stock on the daily timframe perspectives considering important Price Action currently moving the Stock Price. As I mentioned already in previous ideas the current Sector-Stock Market is highly fluctuend with some major Sector-Stocks showing substantial upside potentials while others have a higher possibility to set-up a major pullback and continue with bearish inclinations. These differences within the Sector-Stocks Market should be evaluated when considering either a long-, short-, or total-return-approach. In this case I have detected a interesting Stock on the Watchlist currently that has a substantial possibility to be a main short-candidate in the current market dynamic. This stock is AMC, Theatres Entertainment and there are several factors to consider for the stock from a financial markets perspective, a technical perspective, and the recent important news that could trigger a main sell-out for the sector the stock is located in.
Considering the recent news it has to be pointed out that health officials within the U.S., Europe, and Asia region reported about a new Covid-19 variant called "Eris". This new variant already caused the hospital activity related to Covid-19 to rise above 40% which is a serious dynamic because when the hospitals should "struggle" to take up new cases like it has been reported within the Covid-19 outbreaks in 2020 this could possibly trigger new Corona-related lockdowns in the affected regions. Now, to put this dynamic into the perspective for AMC it is important to determine the relation here. As AMC has Theatres and screens all over Europe, the U.S., and parts of other regions Corona-related lockdowns in this region could trigger the Theatres and screens to close in a mass-manner similarly as it has been taken place already within the huge lockdown-waves of 2020. This means that such a dynamic in the entertainment sector could lead to the investors holding AMC could sell-off the stock in mass, especially within such a sector the related bearish wave could reach a strong momentum similarly as it has been already determined within the past.
From a technical perspective the dynamics have a highly similar outlook and despite a fundamental bearish inclination the technicals are also pointing to a more bearish outcome likelihood to show up in the next times. When looking at my chart AMC is building this gigantic descending-triangle-formation with the coherent wave-count within the formation and the coherent wave-count already advancing further extensively with the coherent head-and-shoulders-formation within the wave-count about to complete with a bearish wave to the downside. Once the local head-and-shoulders-formation has been completed there is a emensely high possiblity for the next confirmation to show up within the next time because once AMC broke out below the lower boundary of this gigantic wedge-formation this will point to the continuation and substantial extension of the major wave-E within the wave-count and continue into the directions till the main target-zones have been reached. Besides that there are also other signs pointing to this scenario in the market such as the high-likelihood bearish EMA-crossover to setup in the near future because such a crossover will happen once the 200-EMA marked in red has crossed below the 100-EMA in green.
Taking these two main underlying conditions for the stock into the perspective, the fundamentals of a potential sell-out for the Sector-Stocks due to potential lockdown waves resulting of the new variant and the major fact that all technical indications point to the bearish scenario, the bearish scenario for AMC should be highly considered to emerge within the next times. Once the whole technical descending-triangle-formation has been completed as marked the targets shown will be activated and once these targets have been reached it will be important how the market reacts into the target-zone and if there is a strong signal in the Sector to reverse a bearish dynamic and point to a technical reversal once the targets have been reached. It will be indeed a interesting dynamic to determine and therefore we will keep having the stock on our watchlist to determine important changes. It will be a important dynamic to determine a positioning on the right side of the market.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
