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AMC ENTERTAINMENT INCAMC ENTERTAINMENT INCAMC ENTERTAINMENT INC

AMC ENTERTAINMENT INC

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AMC2 trade ideas

$AMC - Trading Against a Long Term Demand AreaBefore the good news, remember at all times that the price is still trading below and neatly following the 10 EMA. The good news for the bulls out there is that the price is now kissing a long term key demand level. The famous AMC rally back in 2021, erupted from close to its current levels. This tends to be a good reason to start looking for bullish opportunities. A breakout and close above the 10 EMA would be an interesting trigger. Remember at all times that trading is not predicting the future. It is more about detecting asymmetries in the markets and managing risk. Especially the latter, I advocate. Manage risk at all times, at all costs, with the utmost diligence. Cheers, Tenacious Tribe
NYSE:AMC
by ruben_rodrigues
90% correction may mark a low, at least for a while.Back in 2021 I proposed bubbles of the style of AMC tend to correct about 90%. This move is in with AMC. We also tend to just spike out the low of the last big rally. This is a panic point for bulls. Oftentimes we then range for a while and we set up vicious bull traps (And in some cases extreme lows. I do not think that's the case here, tbh, but it should be noted moves like this happened in things like AMZN and AAPL way back when they were fairly new). Things that have dumped 90% can easily rise 200 - 300%. Even if they're in a net downtrend.
NYSE:AMCLong
by holeyprofit
1
A rude awakening .....Please read this story slowly and carefully. Pass it on to someone you know who may be suffering from gambling problems. AMC Entertainment was the next heavily overbought stocks other than Gamestop. And it is such heavy speculation in the stock market that gives people who are not familiar with stock investment a bad name, calling stock investing as gambling, speculation, high risks game, etc. In fact, stock investing is a boring activity as once the research work is done and the stock is bought, there is little activity that the investor needs to do. In the words of Mark Cuban , he says;“When I buy a stock, I make sure I know why I’m buying it. Then I HODL until I learn that something has changed,” he said. “The price may go up or down, but if I still believe in the logic that made me buy he asset, I don’t sell. If something changed that I didn’t expect, then I look at selling.” Here are a few examples - NIO , Amazon , Yum China China A50 , to name a few. In parting, I leave you the words of God here : Proverbs 13:11 ESV Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.
NYSE:AMC
by dchua1969
10
$AMC - The Squeeze we deserve.Somebody come look at this! We just broke out of that descending wedge that lasted almost two years. If you look back to where we squeezed last time, were in that same area today. I remember that day like it was yesterday. Filled with joy seeing the price shoot up to astronomical numbers only for evil to show its true face in the market from halts, to missing sell buttons, I couldn’t believe that they just let these things slide. I took a break from the market and found God. In a dream just recently I saw myself trading options again. This was His way of telling me to get back in the game, but this time me being better steward with money. He has also been telling me of a wealth transfer to take place. “A good man leaves an inheritance to his children’s children, But the wealth of the wicked is stored up for the righteous.“ PROVERBS 13:22 This I believe is part of that transfer, but please be wary that this market shortly after will come down as well. (I’m talking collapse) As soon as you make your profits, get it out of the exchanges ASAP. I have no target for this but I am expecting at least double from last time to even three digits. What ever happens, know that the best treasure you could find is God through his son Jesus Christ. God bless you all.
NYSE:AMCLong
by DarthTrador
6