analysis-uptrendOn AMC we have a breakout with force the vwap indicator by a big candle with a large volume so we have a big probability of an uptrend as you see on the chart.thanks.
AMC trade ideas
analysis AMC, sellOn AMC we have a downtrend so we have a breakout of the support line by force with a large volume.
Falling WedgeSometimes it doesn't take a genius. We're in a falling wedge reversal pattern. I learned how to Dot to Dot in grade school. Might not be exciting for a while or maybe it will...Might drop to $12 if it stays in the wedge or even lower for a minute if it does a fake out break down before the rip. (which it has been doing lately) The SPY isn't helping but the clock is still ticking Captain. Maybe save some buying power for that. Before June 2nd or 3rd or maybe after. Patience Comrades... NFA.
AMC TECHINICAL ANALYSIS PREDICTIONNYSE:AMC
clear distribution playing out. Question is if it can hold the monthly key level (red) l. If not, watch out it may go all the way down to 12.90. Need to break green down trend for a sign of accumulation. But also, if it breaks back into the daily and 4hr, it can be a sign of reversal but it needs to hold that 4 hr level.
Shout out CottonCandyTA, I'm in love with this type of technical analysis.
Smooth Brain AnalysisWell I was just messing with regression trends then I saw this reflection line or what ever you want to call it not sure what it is but it is interesting to me. If anyone can make sense of it let me know!
Analysis AMC uptrendGood morning all. Today on AMC we have a big probability of an uptrend because we have:
- Breakout of the resistance line by a big candle with a large volume;
-Breakout of the vwap indicator by a big candle with a large volume.
- Breakout the vwap indicator.
$AMC: Squeeze On Earnings?⭐Bullish Descending Pattern for over 9 months (Target of this pattern is 72$)
⭐Bottom trendline support bounced the price 4 times with significant volume (Previous1400% gain, strong level of resistance)
⭐Strong bottoming signals on the MFI (Last time this happened a 1400% move occurred
⭐14.8$ Support confirmed by VPVR node + 7.86 Fib + Trendline + Volume
⭐A break above 20$ (Ichimoku Cloud + multimonth consolidation zone resistance + large VPVR node) should lead to a large spike in the price of AMC
⭐24$ Ichimoku Cloud resistance needs to be broken
⭐0.5 Fib (31.8$) Resistance, once this level becomes support the options chain should push the price to higher levels
⭐If a daily candle is closed below the Ichimoku Cloud with a significant amount of selling Volume the squeeze will be delayed (We need daily closes above 16$)
⭐I am of the belief that this is the bottom due to the trendline support + the bullish divergence on the MFI
⭐By looking at the Options Chain a move below 16$ is highley unlikely
*WARNING* This thread is not financial advice. I am not a financial advisor.
strategy for AMC monday 04/25/2022Hello trader, we are going to work with the maximum and minimum of the previous day of the daily chart. this form will give them more confidence when operating. One of the things that we must have pending is the trend of the previous day, this is very important for entering the market.
for example: AMC. It leaves a downtrend, for this reason my bullish entry is above (16.64) until I look for the high of the previous day if they continue.
The opposite is the case if the stock starts with an uptrend, but it closes the day with a slight correction. here the operation would be the opposite with an opening above the closing price we must let the price rise without taking a bullish entry, this is because the price has just entered the sell zone it is best to wait for it to reach the maximum and in that point wait for confirmation to sell
AMC: bearish entry will be below (16.00) next support zone (14.88) when the stock closes very close to the previous day's low it is called bearish continuation intention. Perhaps this post does not have much view, because many traders prefer to lose and then educate themselves
Where to watch for a bounce as AMC goes lower.In its downtrend, AMC printed the most recent lower high at the $18.92 level on April 19 and the most recent confirmed lower low was formed on April 13 at $16.94. On Friday, AMC was trading down toward what will eventually be the next lower low in the pattern and bullish traders looking to enter for a bounce back up can watch for a reversal candlestick to eventually form.
If AMC closes the trading day near its low-of-day price, it will print a shooting star candlestick, which could indicate lower prices will come again on Monday. If the stock is able to find buyers and close the trading day flat or near the high-of-day, the stock will print a doji candlestick or hammer candlestick, respectively, which could indicate a bounce to the upside is on the horizon.
The bounce is likely to come soon because AMC’s relative strength index (RSI) is measuring in at about the 40% level. When a stock’s RSI nears or reaches the 30% level it becomes oversold, which can be a buy signal for technical traders.
The move lower on Friday was on lower-than-average volume, which indicates the stock may be running out of sellers, which also points toward an imminent bounce. At press time, only about 19 million shares of AMC had exchanged hands compared to the 10-day average of 34.34 million.
AMC has resistance above at $17.07 and $20.36 and support below at $14.96 and $12.22.
Summary on AMC reversal trend (downtrend)On AMC as we see on the chart the sellers have reppelled the buyers with this big candle which broke with force the vwap indicator in addition we have a large volume so the market has gone down.thanks.
Analysis AMC uptrendOn AMC we have a situation of bearish channel. Here the resistance line is very important than the support line. As you see on the chart we have a breakout of the resistance line by a big candle with a large volume so we will have a big probability of an uptrend
AMC Major Upwards Movement SoonA lot of AMC apes are worried about the day-to-day price movement. In my opinion, as long as it doesn't drop below 14.50 for more than a day, I'm hyper-bullish on a run up between now and the start of August.
Keeping calm and accepting that this could take a couple more months before it blows will do wonders to investors' mental health. Stop worrying about little drops. The stock is still within it's descending triangle. Soon, but not that soon we will break out.
Be smart. Be patient.
New Range, Who Dis?AMC's recent move to $34 established the upper limits of new trading channel. Once the market picks back up AMC will head to $40. A breakthrough of this new channel could bring $50-60 range and create the opportunity for new all time highs.
AMC at a great buy price, but keep it small.update to last post - buying swing calls on this pullback with price around 17.80. Price may move down to 17.40-17.00, based on 30min chart, so I am keeping it a small position to hold. Will exit fully below 17 or if I do not see RSI and stochastic becoming more positive.
analysis AMCWe have a breakout of the support line by a big candle with a large volume so we have a big probability of downtrend.
AMC very interesting here, low risk upside. Watch 30mOn daily, if AMC holds bottom of cloud here and 17 (yellow line), it may see buyers for another move up. RSI could move back up again and stochastic looks like it will soon come out of oversold territory (yet to be confirmed).
While 20sma is over the 50, one caution is that price has been consolidating under the 50 these past few days.
I like the 30min chart which looks like price could be bottoming for another move higher. However MA's need to start turning up a bit more.
Buying a few calls now (or stock) is an early entry. Risk is low however, as stops would be the recent low close of 17.42 and 17. I will not use the recent low as a stop because I think a break of 17 will see price head lower.
AMC Repeating Itself?Not financial advice.
It appears to me that AMC is repeating itself.
I would appreciate your thoughts and feedback.
AMC Trend Change.Taking a look at the trend resistance and support.. we now have a confirmed change of trend.. Lets keep stops loose and ride this up!
AMC ascending triangle breakoutAs markets are flippening here, AMC could see. more upside momentum here, keep in mind, its still a casino
Both sides of this tradeAs you can see, this stock is highly controlled by robots. The house always wins, so I strongly advise NOT to buy call options. It is much safer to buy puts, especially if you are holding shares long term. CALLS on AMC 99.9% of the time will expire worthless, even if they are cheap.
Bear situation, we break down below fib level. That's it this stock is finished.
Bull situation, we trade sideways on low volume, Not sure how long, but if we hold at some point there will be a bounce. It will need an incredible amount of volume to break it past the resistance levels. Volume meaning 500+ million shares.
This is a dirty game. Do not waste money on call options.
