To be honest I just like to draw lines. Looking at the history of AMC nothing is impossible and there is a turnaround point. I don't see it go below 4.90$ but we need a strong reaction soon!
AMC TA - lets see what it can be. AMC is difficult to TA but always fun to try and predict.
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.
Not going to lie but AMC is looking at some brutal days to come... Good luck everybody
soo today is the day we start mooning. and dont forget marge will cal today or sunday
as shown in all TA's amc is going to squeeze. today 2pm mark my words and and otherwise tomorrow 2pm
Oke its clear that TA proved AMC will squeeze today at 2.pm. if not today tomorrow !! dont forget AA has our back ! with our without vaseline we will squeeze
As you can see TA is the only thing that has been working out for AMC. TODAY T+90 MEANING THAT..... we must moass today and otherwise thursday moass at 2
Its clear we are going to squeeze. TA don't care moass at 2 pm
Look at my earlier post is seems that AMC is following this trend
LET's go AMC !! Exciting week aheadd !! AMC is building a nice round looking base. So far so good.
Wyckoff Accumulation that could be playing out on the AMC chart
Small update compared to my previous chart. Note that this is a speculation play based on the cycle theory but I still we are in the right direction. The dip is expected and so is the breakout of the trend line to the downside. The coming days will prove this theory soo lets see !!! :)
OK, so i posted this one earlier in the second red circle a dip of 29.4% is the exact same dip before the June sqeeuze. Ofcourse this is a bit speculation but if the cycle theory is true 37.29 is the lowest point. If this breaks I believe the cycle theory is BS. In the upcomming 9 days we should see some upward movement and beginning of October it should start...
I believe this week is going to be a very interesting week. A retracement to 41 and then upwards movement. lets see
or a pullback to 24 but due to the recent price action of today a bounce of the trendline is more likely ! LETS GOOO !!!!
Will see some sideways movement this week ! But AMC is getting stronger and could see some retesting on the 38 and shoot back up to the 49/50 area !!! MY TOOLS FOR TECHNICAL ANALYSIS: I. MOVING AVERAGES (SIMPLE, WEIGHTED, EXP) II. TRENDLINES III. FIBONACCI IV. ELLIOTT WAVES PRINCIPLE V. MACD (TO FIND DIVERGENCES)
May see some retesting of 42 and after that it will go upwards.