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AMC

The Ultimate Reversal of $AMCThese last 2 months have caused a lot of uncertainty for stock holders on the market. This has caused shareholders to exit their positions due to fear of losing capital. The stock market has had a large retracement that is now about to reverse. In approximately 1h we have the Fed meeting. This meeting is going to be crucial for the stock market. If we get bullish news the stock market should see a large bounce. I am expecting AMC to follow this reversal. As of now AMC has been trading in a descending channel since the 8th of November 2021. This pattern is very bullish and is set to break out very soon. On Monday AMC made a retracement to test liquidity at the 14$ level. This level was the breakout level in May 2021. Old resistance becomes new support. This 14$ level bounced the price a signifficant amount with good volume making it reliable support. This level was also the .706 Fib level if measured at the breakout level of January 2021 at 5$. At the current state i am not expecting a further retracement. AMC will in my opinion trade far above 14$ per share if the Fed meeting turns out in our favor. A slight retracement to 16.64$ might happen to confirm it as support. If we close daily and 4h candles below 16.64 i am expecting AMC to turn bearish again retesting the high 15$ range. A close above 17$ is a good sign of a bullish reversal. The TD Sequential is printed a red 9 at the 18$ range indicating that this level was the bottom. The TD-Sequential is printing a green 1 engulfing the previous candles. This is an indication of an uptrend. This move is also confirmed by the MFI consistently making higher lows. A short term resistance level is the 18$ level confirmed by a large VPVR node. We also managed to establish strong liquidity at the 16$ range (confirmed by a VPVR node). We also have resistance at 20$ (confirmed by a VPVR node). A break above these levels need to happen quickly so that we reclaim these important levels. I also noticed that the volume keeps engulfing selling volume which is a bullish signal for a potential reversal. If we got an engulfing selling volume at these critical levels i would be bearish on AMC stock. AMC also printed a bullish hammer on the 4h chart + the daily chart. This has caused AMC to close above that candle. This is a sign for a bullish reversal. If AMC closed at or below the bullish hammer it would be bearish causing the stock price to plummet. The largest confirmation of this bullish reversal would be a 4h TK-Cross on the Ichimoku Cloud. This movement would have to be confirmed with a signifficant amount of volume. As long as the Ichimoku Cloud is being used as resistance AMC will remain trading under a bear market. Looking at the options chain there is 25k Volume and 7k Open Interest at the 17$ level. We also have 40k Volume + 8.5k Open Interest at the 18$ level. At the 19$ level there is 21k Volume + 11k Open interest. We also got 33k Volume and 13k Open interest at the 20$ level. This options chain hints that AMC will be trading at or above these levels to keep these options in the money. The 14-15$ level are unlikely to be revisisted due to the fact that these options do not have a lot of Volume and Open Interest (3.7k Volume, 2.8k Open Interest, 15$). If the Fed meeting goes well my conservative price target of the week is the 22$ level. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
3
Bullish Gartley With Bullish Divergence on $AMCAfter a Huge Bearish 5-0 Decline, AMC is looking like it's ready to attempt a recovery of some of the losses as we have large amounts of 4hour Bullish Divergence on both the MACD and RSI. We are at a Weekly Support/Resistance level and we are at the PCZ of a Bullish Gartley visible on all Timeframes; Assuming we can get a couple more Bullish Days from here we will see an eventual Bullish Crossing of the Daily MACD which could lead to a decent rally.
NYSE:AMCLong
by RizeSenpai
3
The Rise of AMC! (HUGE UPSWING LOADING!)AMC has been trending in a descending channel with descending support and resistance. This channel was formed on the 8th of November 2021. The descending formation is valid due to the fact that we get selling pressure once the line of resistance is toutched causing a dip with bearish volume. The lower lines are levels of support. Notice the fact that these lines tend to bounce the price for AMC to hit resistance. As of now AMC has filled the gap at 16.50$. This level caused AMC to bounce all the way to almost an 18$ close. That level of support is valid and supported by a good amount of bullish volume. The daily volume engulfed the recent bearish volume which is a bullish reversal sign. We also wicked below the .786 Fib which later caused the price to have a short term bounce and we managed to close a daily candle above this Fib level. The bad thing about this is the fact that the S&P 500 dropped signifficantly at the end of the day bringing selling pressure to AMC. We need to start pushing back up to the 20$ range which is a large VPVR node that indicates resistance. This level needs to be reclaimed as support to keep AMC moving to the upside. If all of the indexes are strong AMC should follow nicely causing a pretty decent upswing. Currently we are bearish due to the fact that we are trading below the Ichimoku Cloud and the 200SMA. I also noticed the fact that the MFI is at a really low level. Last time the MFI was this low AMC had a nice 50% upswing before being rejected by the 200SMA. The minimum price target of this descending channel is where it started which puts us at the mid 40$ range. There is also a slight possibility that we see a short term retracement to the 14$ range. This level is the largest VPVR node which would be the strongest level of support on this chart. A touch of this will make AMC bounce 5-15$ on the same day. A retest of this area would occur if the markets see a continuation of the current downtrend. Bad news on the FED meeting could cause the stock market to continue the bearish trend which could lead AMC to 14$ causing a massive spike in the price to the upside. I am not of the belief that this is going to play out due to the fact that the daily MFI is already really low. We also got an engulfing bullish volume on the 21st of January which eliminates all of the previous selling pressure. Looking at the options chain we have a lot of volume and open interest at the range of 18-20$. Most likely AMC will be trading in this region if the stock market doesn't bounce. Closing daily candles above these levels will cause bullish options heading in to the money which will cause the uptrend of AMC. There is a good amount of volume and open interest at the 25$ range set to expire on the 28th of January. Hopefully we reach this level so that we begin a new uptrend. A confirmation of the AMC bull run will be if we see a bullish TK-Cross above the Ichimoku Cloud with a large amount of buying volume and the MFI making higher lows. If the market starts to recover this week i am expecting AMC to retest the 22$ range. A break of this level and a daily close above 23$ will put us in a good position for an upswing. As mentioned in the previous thread my long term conservative price target of AMC is 145$/share. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading!
NYSE:AMCLong
by Patriick2jz
4
AMC Can drop further to find a strong supportMarket Instrument: AMC Timeframe: Daily Analysis: Technical Structure: Fibonacci and Key Level Prediction: Bearish The following key levels spotted have breached with strong bearish pressure and this seems the price is willing to go further below these price levels in the next few days. If the support highlighted from the yellow thick line doesn't become respected by the price then we will see another breakout to the downside from the 12.06 area.
NYSE:AMCShort
by Profitlio_Trading
AMC Entertainment Analysis 20.01.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NYSE:AMC
by basictradingtv
6
The Battle of the Apes, AMCThus, where to begin? Following the Option trades and putting together an Excel sheet on a daily basis for AMC to get an understanding WHAT the numbers are telling you. The trading volume was higher than usual. Yesterday about 180,000 contract and today about 190,000 contracts. Even though the apes could not break through the resistance level of $39-40. What happened on Monday? Yesterday after market the Earning report for AMC came out. Their sales are up but only 10% of what it was pre-pandemic. And the uncertainty about the DELTA variance also has its negative impact on going to the theaters. AMC was losing big money pre-pandemic with a revenue of 5.5 billion Dollars. AMC reported 22 million ticket sales in the first quarter, up sharply from its 7 million ticket sales in the first quarter and well below a record 97 million ticket sales in the second quarter of 2019. AMC reported $1.8 billion in cash and $2 billion in liquidity as of the end of June. Dan Nathan said the thing that's unique about AMC is that 80% of the company’s stock is owned by retail investors rather than institutions. “If I look at it from an institutional perspective, it’s uninvestable. They were losing money in 2019 before the pandemic when their sales were more than $5.5 billion,” Nathan said. “Retail sees something very different in this than institutions.” You sell the rumor and you buy the facts. AMC spiked briefly and that was it. Price target for the most analysts did not change. 12 months target is averaged at $5.85 with a high target of $20. WHY is it that the Apes cannot drive the stock price up? Think about it, what they do. They are not investors. They are not day traders. They are not gamblers. They are lottery ticket buyers. The modern way of winning the lottery and hanging all your dreams on that ticket. Buy a ticket every week. One week we will go to the moon, bro. They buy one week terms only, 95%, which means their call options expire a few days down the road. Very few calls have a longer time horizon. You buy a call and the market maker buys the underlaying asset to cover his position. It is a married call or married put, if you bought put options. Now every week your calls expire and the MM sits on your shares!!! How many week does it take to fill up a truck with shares? None. They own already all the shares from mid of June and they only have to cover your calls very little or not at all. WHY?? Because they own them already. AMC is range trading and the market maker and your broker love it. You pay commission to the broker and the MM wins on the spread and slippage and keeps your money at the end of the week. Lovely job!!! You are just tossing money down their throat. Look at Goldman and Sachs earnings and where they make their money. With a dwindling trading volume and a range trading in place the stock goes nowhere. You have to buy more shares than the Market Makers are holding. Thats why I say the downside is more promising because there were never too many Put options. Also to consider, the apes went to other stocks, Like Hobin Rood, another scam. Conclusion and the take outs. In the beginning of the squeeze there was the surprise! There was momentum. There was trading volume. There was "All Apes on board we are going" I made good money too but I cling on the outside with a parachute and let go when momentum goes down. Then you play the other side. Now we have to have patience, There is no momentum, it is dwindling. The trading volume is falling. Apes go to other banana trees. This week, Trading volume is up big time but still not enough. We will see tomorrow. This I think will be the biggest thing to watch. There are more PUT Options out there this week than we saw it before. the ratio is 1.5, which means for every Call there are 1.5 PUTs. But as before their perspective is base on a one week horizon. Cheapies. They have no money or they dont believe in their own trading skills. Maybe there are none? The Market Maker Sweet Spot The market maker will try to keep the price within the Sweet Spot. And they easily can do that. Even with a huge volume Monday and Tuesday, which drove the price up because also the MM need to react and coordinate with their buddies, they drove the price right down where they want to have it. This game is rigged against the retail trader and there is nothing to complain about it. Learn it and deal with it. Do not buy short term options. Only if you hedge them with a calendar spread. Outlook and conclusion So we can say that the huge trading volume this week establish the Avenger Apes. Those Apes who turn their back on the Ape Army. The level at $34 is important and then $30 and then $26. But when you look at next week they all disappear. The levels are not strong either. We have seen three times open interests at those levels. 24,000 contracts. Now we dont make 8,000 and the week is half way in. I believe even with this higher trading volume, that the price cannot break $40. The Apes need a March on Rome, like in the beginning. They dont have it. Fact. They could have done it in the past six weeks. They didnt do it. This week we have a lot Avenger Apes. I dont think we will break below $30 this week. Probably we will stay right in the MM Sweet Spot trading volume permitting! But before you take my word do your own analysis. Images are missing and can be found at hedgingstocks.blogspot dot com
NYSE:AMCShort
by Option_Crusader
4
AMC 600% SWING INCOMING? (TARGET 145$!)AMC has been having a weekly bearish trend since the june run-up 2021 which saw its stop at the 70$ territory. As of now we are trading in a huge bull-flag which is a bullish reversal pattern. A breakout of this bullish pattern would cause AMC to go wild. For this breakout to be valid it has to be confirmed with an engulfing volume. The trading volume needs to close above all of the bearish volume to be sure that a big move is on the way. At the current state we are trading below the 200SMA and the EMA Ribbons are used as heavy resistance. Once the EMA Ribbons are toutched we are receiving bearish volume which creates bearish divergence on the MFI and causes the price to plummet. The weekly chart is looking very promising due to the fact that we are seeing a red 8 on the TD Sequential. This indicator has been very accurate on the weekly chart of AMC. Once these numbers are displayed on AMC it often causes a large swing in the price to the upside. The TD Sequential red 8 i am looking at is the previous level of AMC which is marked with a green arrow (before the huge run up). At that current moment we had "dead volume". The MFI was in a large downtrend which is identical to the current state of AMC. By viewing this i am getting a clear insight of how the stock is going to move. I am of the belief that a large run up is getting very close. It is going to be unexpected for a lot of people. It will cause a shock in the market. This upswing could come out of nowhere. I also did a Fibbonacci measurement from the old red 8 (old bottom of AMC) to the new top (72$). This indicates that the price has room to go to a minimum of 145$. At that level we will face a lot of resistance due to the golden trendline. Last time weekly chart displayed a red 8 AMC 600%. The only thing stopping us right now from reaching higher levels is the current option chain that expires Jan 21 (2022). We have heavy options in the money with a signifficant amount of open interest holding the price of AMC in a bearish territory. If AMC manages to close the week above 21$ these options will be useless and the shorts will be screwed. Once the bullish 40$ and mid 30$ options with a high open interest start getting in the money we will break the EMA Ribbons and the 200SMA and then AMC will go to the moon! LFG APEARMY! *WARNING* This thread and analysis is not financial advice, i am not a financial advisor. Thank you for reading!
NYSE:AMCLong
by Patriick2jz
7
AMC - Squeeze Scenario (Cycles, Patterns, Crash)(Not Financial Advice) Posting this scenario, constructed using the current (62 day Cycle) I have been tracking, as well as comparing them to both Doge's and Lucid's Cycle. This scenario also takes into account the possibility of a market crash event. The market is a bit shaky and there is a lot of uncertainty, if we see pressure start to drop the index's around April then a potential cup and handle pattern would be likely to play out, a ripple effect with overleveraged shorts on AMC, would be the ultimate catalyst imo.
NYSE:AMCLong
by TradingWithEmotion
2
$AMC swimming through the waves🧵A thread: $AMC swimming through the waves🧵 I honestly laughed when I first looked at my chart but each wave tells a story and predicts when we break down and when we break up. Started with these data points: ATH1: (20.36 on 1/25) ATH1 low: (1.91 on 1/25) ATH2: (72.62 on 6/1) Why start with these dates you might ask? Well they are the weeks when we had the most volume (3.3 billion for ATH1 and 2.21 billion for ATH2) and everything correlates with volume. Starting from the June run which gave us data point ATH2 we draw our first waves. The Red and Green waves act as both a support and resistance. When they are broken they break in the opposite direction and give us new data points. When green wave breaks it give us SC2 data point. Now that we have a new data point we draw a new wave from the ATH2 to the SC2 which creates a new support wave (purple wave). Similarly once the wave is broke it gives us a new data point (AR2) and then breaks down. With our new data point AR2 we can find a new resistance wave drawn from AR2 to the ATH1 (1.91) which acts a resistance wave. There is also the AR1 x AR2 wave which also follows similar path. The waves are flattening out soon which will make it easier to swim through and break up Additionally AR2 data point gives us a short resistance wave (orange and white) which breaks up and then acts as major support wave but is restricted to break further due to the resistance wave which requires major volume. Putting it together we have our major support waves (orange and white) about to intersect with our major resistance waves (cyan and red) where the wave is flattening out and we will be able to swim through the wave with enough buying volume.
NYSE:AMCLong
by aceventur