AMC vwap pull back make boom boomDay 1: Wallstreet apes
Apes seem to keep chanting "AMC rocket go boom" and drawing this chart none stop.
AMC trade ideas
likely path for AMCWith the SHF in control this is a likely path for AMC in the short term. I dont see a catalyst that will break the algos ability to keep this down. I think we see a small run up now to the top of the downward wedge just to collect some options prems and then cascade it back down lower yet again. All in hopes of crushing the spirt of the AMC retail investor.
Buy AMCOn AMC we have a breakout with force the vwap indicator by a big candle with a large volume.. So we have a good uptrend..
Bullish Divergence now confirmed.. Long positions are taken. With the constant downward pressure the trend signalled a change as we broke the trend line. The selling pressure is yet to catch up with the move and we have now confirmed the divergence on the RSI indicating that the selling is now losing to the buyers.
$AMC had a short lived Bullish run. What is next?NYSE:AMC
Chart - Daily
EMA (Exponential Moving Average): 20 EMA crossed the 50 EMA but couldn't hold for the next cross over 100 EMA. It is currently trending downwards towards the 50 EMA.
TTM squeeze: All momentum is puff, gone. Squeezing downwards :(
Fib levels: We now have a reversed fib and at .382 it's the beginning baaaaad news. It must fight off .618 or we headed down for the 1 fib ($13.77).
Candle stick: Three Black Crows followed by a Bearish Engulfing. This is baaaaaaaaaaaaaad!
Pattern: Falling Wedge or should I say Bearish Price Channel Continuation.
News: I really think it's just the volatile markets and the continued fed data about CPI, SPI, and War.
History: Well last start first by looking at the previous moves and analysis; We suggested the moves to $27.71 and $31.04 which were right on point. We even got a little extra. The current trends are the exact opposite of the previous analysis. We say this to say that the probability for $AMC to go back to $13.87 (1 fib reversal) is super high given the current market conditions. Especially with today's CPI data of 8.6% for the month of March. Maybe $HYMC could come to the rescue but they seem to be facing the same fate.
AMC Skyrocket ($50 target)It looks like the S&P 500 is bottoming out and meme stocks like AMC have been destroyed. Well not really, because that was Wave 2 and expected after that massive run. Those that have missed that rally, just wait for the next rally and load up now. $50 soon.
Summary on AMC yesterdayGood morning all!! Y
esterday after our analysis we predicted a bearish trend but we notice that the buyers have taken over the sellers hence an uptrend after the breakout of the vwap indicator and at this same time we have a good spring effect on the vwap as you see on the chart.
Today we see that at the openning of the market the sellers forcefully broke the vwap by a big candle with a large volume as you see on the chart, resulting in a downtrend...Thanks...God bless....
AMC - 12 Target within RangeWith all the excitement recently around the #wallstreetbets drama in #AMC many continue to chase the 'what if' and are looking at AMC as something it's not. AMC is the same company it has already been. Until AMC has a change in complexion in the chart structure -- the trend is your friend in the descending direction.
Until the market structure of AMC changes on the charts the sentiment remains the same. Everyone is banking on another short squeeze, but what if that never comes?
$AMC breaking off the downtrend and bouncing the 0.786 FibAMC recently broke off of the downtrend we had since march 29th and bouncing off the .786 Fibonacci, respectively missing it by 14 cents.
If this was the end of the 2nd Elliott Wave, our next impulse lead us to the price target at 1.618 Fib -> $44.59
A 10 month wedge on the weekly coming to an end.This ten month resistance has been a tough one. As you see in picture we rode it down to the support of said wedge. With it coming to an end next month, I’m expecting a big spring up after successfully breaking and holding above the resistance. Nfa so I’m putting no price targets. Hopefully something happens before then. If not I’m patiently waiting for my exit target.
AMC Trend Change.Nice breakout of the falling wedge can lead us to retest the upper regions of the last highs.
AMC10 Green days, 10 red, now time for pump
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50 a share when they announce their next acquisition
analysis on amc/downtrendGood morning! Today on amc our graph looks like a triangle. We have a breakout of the support line by a big candle with a large volume and also the breakout of the vwap indicator so we have a downtrend....
AMC Entertainment (NYSE: $AMC) Likely To Wick Thru 0.786 Fibs!🕯AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.
$AMC: Make Or Break⭐AMC is in a huge falling wedge starting from 30$
⭐Breakout of the falling wedge give us a target of 30$ +
⭐17.5$ Support needs to hold with significant volume
⭐MFI strongly oversold (Bullish Divergence, icoming?)
⭐Volume is lower than before while price is dropping (Bullish)
⭐Vix Fix Indicator strong signal of a bottom
⭐Ichimoku Cloud is green, which could indicate that price is about to make a reversal
⭐Break below 17.3$ (Daily close below) = Bearish
⭐Ichimoku Cloud support 17.3$ needs to hold with significant volume
⭐50K Open interest at 60$ (When 34$ is broken AMC should start running)
⭐Break 20$ (23.5k Open Interest and gamma will start having a positive effect on the price of AMC)
$AMC 50 day moving average test.Looking for a bounce off the 50ma over $20 this week on AMC, saw some bullish options activity friday, i like the R/R off this area.
DOGE $AMC correlation?Is DOGE predicting the $AMC price or $AMC predicting what is going to happen with DOGE?
The values to cultivate in trading You have to have a mind of steel
You must have a strong mind. In trading it's not every time you win, sometimes you also lose. However, you must learn from your losses and this will allow you to stop making the same mistakes. It is the same in our daily life where we often face certain difficulties, but what is important is to be able to get up and move forward to become champion. Each failure is an experience, so don't doubt yourself and don't underestimate yourself!! You have the potential within you to succeed whether in trading or in your everyday life. Be mentally strong.
Man's greatest weakness: Doubt
You should never doubt yourself. Doubt is considered the greatest weakness of human beings. You have to believe in yourself, in what you do.
Above all, don't doubt your analyses, always be optimistic, see things on the bright side and the good things will reach you. It' s a natural phenomenon...
Patience in trading
To be a good trader, you have to be really patient. What does this mean? This mean that you have to wait for the right moment after your analyzes to take a position. You have only one bullet in your rifle to be able to hit your target.
This is my modest contribution while hoping to receive from you as well. Thank you for your attention. Peace and love..God bless...
Analysis of AMC - Only intended to obtain Reputation pointsHello, everyone. As the title described, this analysis is not professional, is just a basic observation of the candles in the chart, anything can happen at any moment and change every direction and pattern.
Hope you all have a peaceful weekend. And I wish all luck to AMC traders and Holders.
Thanks in advance for the help given to help me access group chats.
AMC to the DIRTIts only a matter of time until Adam Arron's jig is up. And he won't be sad with $1.5B in the Bank. With the massive insider selling and the overall lack of retail sentiment, it's only becoming more evident even more the Meme crowd.
AMC LongStill looks like we have a little lower to go towards our .786 level. B wave up should be massive.
Pullback and spring effectWe have a pullback and spring effect on the vwap indicator so the market will go down.
