AMC: downtrendDowntrend on AMC as you see on the chart because we have the breakout with force the support line by the sellers.Thanks!
AMC trade ideas
Here are my lines on the AMC chartSo there are a few trend lines that I've been tracking that date as far back as the June 2021 run up (Purple).
We are currently surfing along the top of this Purple trend line and, with the help of some kind of catalyst (earnings is right at the closing point of the trend line) and some high volume, I think we are ready to fly.
The Orange and Green trend lines will likely be resistances on the way up, not sure exactly how strong as AMC is known for busting through resistances on the 4th touch.
The Blue trend line hasn't been tested as often so I can see somewhat of a pullback once it touches it, but ultimately I think AMC is at least a 10$ stock, so earnings should help it get at or above that level.
This has been your BroStock Science of the day. Time will tell.
Possible textbook Wyckoff Schematic 2 on AMCSchematic 1 would make more sense with the AMC\APE conversion on deck but Schematic 2 is following almost move for move...
Regardless of which schematic the stock will be going up significantly within 2-3 months.
AMC AnalysisPrice playing exactly as analyzed last week. Right now, I'm expecting price to continue lower to fill the fair value gap at 4.31. If we get a firm break above 5.21, then price will most likely continue higher with the potential target being the bearish POI at 6.11.
AMC : Sell ideaOn AMC we will have a big probability to have a downtrend because as you see on the chart we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume.Thanks!
AMC AnalysisPrice playing nicely as analyzed last week, giving us a -11.16% move before the current healthy bullish retracement. No changes to my expectations, I'm expecting price to continue lower to fill the fair value gap at 4.31 next.
AMC | It's Coming!!! | LONGAMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. AMC Entertainment Holdings, Inc. was founded in 1920 and is headquartered in Leawood, Kansas.
AMC Bullish Long June 23rd AMC Long Options Call for Earnings on June 23rd
I have purchased AMC long options calls with an expiration date of June 23rd and July 7th. The strike price for both contracts is $4.50. I believe that AMC is undervalued and that the stock price will increase after earnings are released on June 23rd.
AMC is a leading movie theater chain with a strong brand and a loyal customer base. The company has been struggling in recent years due to the COVID-19 pandemic, but it is beginning to recover. In the first quarter of 2023, AMC's revenue increased by 83% year-over-year. The company also generated positive earnings for the first time since 2019.
I believe that AMC's earnings report on June 23rd will be positive. I expect the company to report revenue of $1.2 billion and earnings per share of $0.15. If these numbers are met or exceeded, I believe that the stock price will increase significantly.
I am bullish on AMC and I believe that the stock price could reach $6.00 by the end of July. If the stock price does reach this level, I will sell my options contracts for a profit.
Risks
There are a few risks associated with this trade. First, AMC's earnings report could disappoint. If the company reports revenue or earnings below expectations, the stock price could decline. Second, the overall market could decline, which could also impact the price of AMC stock. Third, the options contracts could expire worthless if the stock price does not reach $4.50 by the expiration date.
Conclusion
I believe that the risks associated with this trade are outweighed by the potential rewards. I am bullish on AMC and I believe that the stock price could reach $6.00 by the end of July. If this happens, I will sell my options contracts for a profit.
AMC: Buy ideaOn AMC we will have a big probability to have an uptrend because as you see on the chart we have the breakout with force the vwap indicator.Thanks!
AMC: Buy ideaOn AMC we will have a big probability to have an uptrend because we have the breakout with force the vwap indicator as you see on the chart.Thanks!
Is AMC setting up to go long?On the 15 minute chart, AMC is in deep vundervalued territory between one and two standard
deviations below the mean VWAP band. IT is near to and abouve to cross over the central POC
line of the volume profile. It is the price area where the highest volumes of trading have
occurred. The zero-lag MACD shows a buy signal with a K and D line intersection under a green
histogram while the RSI Ichimoku shows relative strength to have risen from the bottom of
its upward-sloping regression channel and over the 50 value. Overall I see a potential setup
here for a breakout. It might be the best time to get a ride on a rocket is before the launch.
FOMO riders typically are disappointed. I will take a long trade with 1/4 my usual risk and
Que Sera Sera.
AMC: Buy ideaOn AMC as you see on the chart we have the breakout of vwap and the breakout of the resistance line so it's mean that we will have a big probability to have an uptrend.Thanks!
AMC: Sell ideaOn AMC as you see on the chart we have a sell idea because we have a pullback on vwap indicator.Thanks!
Updated Tracking of AMCLooks like they've slowed everything down and stretched it out further. Currently pacing for 4th of July Fireworks - We'll see!
Hope you all are staying zen!
Y_P
AMC AnalysisPrice playing out nicely as analyzed last week with price heading towards the fair value gap at 4.31 below. No changes to my expectations, expecting price to continue lower and fill the gap before we see price make a bullish retracement.
AD showing Bull Flag set up $8 targetlooking at the 4hr chart and studying it. I do see AMC in an Uptrend and the AD is showing a bull flag set up w/ an $8 price target. there are 2 apex of the triangles both by price action and the AD... Trade does carry risk, but looks favorable. The AD inside the apex, needs to break upward.
No position currently waiting for direction of the apex breakout..
Some fun facts between Antara and others1. Antara Capital is sub advisor to Corbin ERISA Opportunity Fund Ltd (“Corbin ERISA Fund”) and Corbin Opportunity Fund LP (“Corbin Opportunity Fund”), has shared voting and dispositive power over 61,818,175 APEs, representing 8.8% of the outstanding APEs; January 04, 2023
2. Corbin ERISA Fund own 2.9% shares of L&F Acquisition CO. CEO is Adam Gerchen, he is also partner of Thora capital and work together with MATTHEW ROTHSCHILD.
3. MATTHEW ROTHSCHILD is head of the US Financial Services sector at AllianceBernstein.
4. Speaker Nancy Pelosi’s husband Paul just disclosed the purchase of more than $1 million of shares of AllianceBernstein Holding a global investment firm. March.14.2021
5. AllianceBernstein reported own AMC equities 225710 shars. March.31.2023
6. Antara Master Fund undertook ordinary course rebalancing transactions that resulted in a transfer of AMC Preferred Equity Units to Corbin ERISA Opportunity Fund Ltd. ("Corbin ERISA Fund") and Corbin Opportunity Fund LP ("Corbin Opportunity Fund"). In connection with such rebalancing, the following transactions were consummated: (a) Corbin ERISA Fund purchased 3,080,599 AMC Preferred Equity Units and (b) Corbin Opportunity Fund purchased 1,007,324 AMC Preferred Equity Units. May.16.2023
AMC GAMMA & INSITI OPTION POSITIONANTARA/BOA/UBS/CHARLES SCHWAB
collected data of gamma exposure and some big guys positions here. as you can see the gamma turned to long and high. Those big guys reported their positions in recently that is effectively in March.31.2023. very interested.
AMC AnalysisPrice playing out as analyzed last week. No changes to my expectations, I'm expecting price to continue lower to fill the fair value gap at 4.31. Price could also rally from here if we get confirmation on the lower timeframe.
AMC THE FINAL ANALYSIS - open letter to Adam Aron - when to buythis is a letter to the ceo of amc, not financial advice, this company will turn heads and profits.
