squarerootof9

squarerootof9

Here, I'm trying to simplify the cycle idea using shape of macro movement.

squarerootof9

Using Wyckoff-esque trading range analysis, I attempted to plot the campaign movement of Composite Man has he distributed, marked down, accumulated and marked up AMC from IPO to present.

squarerootof9

I charted relevant news on AMC from IPO to today's announcement about the Spider-Man NFT. Zoom in, scroll around. Retail has been part of the AMC plan from the IPO.

squarerootof9

We're very clearly somewhere in the SOS or BU phase of this reaccumulation. So, I started asking how high can we go? Here's what we have: I drew two trend lines to consider possible future paths of respect. As you can see, they intersect very near the top of our upper band of resistance. So, as we back up, I think we will land in or near that yellow circle...

squarerootof9 Updated 

Check my prior idea for a true big picture look at what I believe is happening with AMC. In the shorter term, I believe this Wyckoff schematic -- reaccumulation after decline -- best fits what's happened with AMC since June. If so, you can look at it combined with the cycle theory stuff and get a decent idea of how the next few turns in the road will play...

squarerootof9 Updated 

Okay, this is the third chart to go with this series. Here we have a short term accumulation within the bigger reaccumulation (AMC -- Reaccumulation After Decline, linked below). I think -- and again, I'm not here to be predictive, I simply see these as signposts on a trail in a bigger cycle that's repeating -- we will cross the creek in the coming day or...

squarerootof9

I've updated the chart I shared on Nov. 10th to account for the small W pattern which formed between Nov. 3 - 15. When you look back at the Cycle 1 Wedge (between Jan - June), you see a similar pattern formed between the TEAL touch point of the ascending low trend line and the YELLOW touch point of the descending highs trend line. With that new information, I...

squarerootof9

To me this looks a lot like Wyckoff's reaccumulation on MANA. I think we are nearing a second cross of the creek. Once we break into the resistance zone (deep red), that should be the sign we are headed toward LPS & SOS, marking the next leg up.

squarerootof9

NYSE:AMC An updated version of the chart I posted yesterday which more clearly states the theory that we could be headed down instead of the commonly held belief that the post-earnings dip signals a turnaround to the upside. Ultimately, I'm very bullish on the future price action, but recognized a short-term (call it a week-ish) slip into the mid-30s which could...

squarerootof9

I've been hearing a lot of talk about AMC nearing an explosive period based on the idea that the candle touch from Oct. 19 matching the similar touch from mid-April. As an exercise, I tried to look at the chart in a way that doesn't assume we are close. What would we have gotten wrong? Instead of thinking Bottom Yellow matches Top Blue, what if the recent high...