Get started
AMC EntertainmentAMC EntertainmentAMC Entertainment

AMC Entertainment

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

AMC trade ideas

$AMC: Gamma Squeeze (30$ Incoming?)AMC is finally ready for an upswing. Strong bullish divergence on the MFI + CM_Ult_RSI + Bullish TK-Cross on the Ichimoku Cloud. All these indicators are illustrating a possible trend-reversal. In addition, todays volume was almost 170 mil, this volume was last seen in August 2021. Most likely we will see continuation of this trend due to the fact this move is engulfing a significant amount of daily candles. We have managed to close above resistance at 18.8$ which is now a strong support zone confirmed by a large VPVR node. As of now we will be facing resistance at 21.68$ which is the 0.5 Fib. This level is also protected by a slight VPVR node. Later on we have resistance at the end of the Ichimoku Cloud (23.69$ which is also the 0.382 Fib. Once this level is broken AMC is free to rocket. Looking at the options chain we are extremely bullish. We have 126k Volume and 23.6k Open Interest at the 20$ level which indicates that this level has become strong support that is most likely going to hold the price. The 20$ level was before this move a significant resistance which has now turned into a strong support. We also have: 62.5k Volume and 4.3k Open Interest at the 21$ level which is also a level of significance. The 22$ level which has been acting as resistance has a total of 54.5k Volume and 8.2k Open interest. If these levels get broken a parabolic move is most likely to occur. The 25$ level has 51k in Volume and 7.5k In Open Interest which leads me to believe that we are going to see continuation of this bullish trend. The 30$ level is also loaded with 25k Volume and 5.2k Open Interest. Finally the 40$ level is loaded with 35.9k In Volume and 11.7k in Open Interest. Soon this options will start printing the price of AMC will rise. With all this said, a move to 25-30$ is very likely. Keep in mind that the options chain hasn't been this bullish for a really long time. What we need to see is to hold support above 18.8-19.5-20$ for continuation. We also need to see a daily close above 21.6$ to remain bullish. A rejection of this uptrend will most likely not happen due to the fact that the volume has engulfed 7 months of previous volume. Also make sure to checkout my related ideas: ($AMC: Slingshot to 145$) where we have broken out of a large symmetrical triangle. *WARNING* This thread is not financial advice. I am not a financial advisor.
NYSE:AMCLong
by Patriick2jz
$AMC: Breakout Is Near!AMC is beginning to look ready for a reversal. We had a rough retracement to 12.90$ before the price bounced back to 15$. We managed to close a daily candle below 15$ which was not a good sign at the time. This daily close means breaking the 200 Weekly Moving Average which is a level of significance. We also attempted breaking a large VPVR node on the chart 14.5-15$. If we saw a rejection at this level AMC would consolidate for a long time. Luckily we managed to reclaim the 15$ level which is a strong sign of reversal. We have also mounted the 7.86 Fib level located at 14.64$ which caused the price to bounce. As of now we are in a descending wedge which is a bullish pattern. A breakout of this pattern with an engulfing amount of volume would cause the break of the Ichimoku Cloud. In addition the price of AMC would totally reverse. The Cloud is protected by large VPVR nodes of resistance (16.15) (16.85) (17.23) (18.8). All these levels are levels of resistance which brought large selling-pressure to AMC. Once these levels are touched we get hit by selling-volume. The 16$ level is the 6.18 Fib level which needs to be reclaimed as support. The 0.5 Fib at 16.96$ will be strong resistance which needs to be reaclaimed as support to break the Ichimoku Cloud. Personally i am bullish on AMC due to the fact that support seems to hold up really well. A slight retracement to 15.26$ is a likely scenario to regain some buying-volume. The 15.26$ level is a large VPVR node which would be a healthy retracement. We have also seen a really good bullish reaction on the NASDAQ 100 which has caused AMC to follow. If we see a continuation on the NASDAQ 100 AMC should follow. The options chain indicated bullish activity last week which caused us to reverse from 12.90$ to 15.8$. The MFI is printing a really strong bullish divergence. This is a positive signal of an uptrend. Also, watch out for a bullish TK-Cross on the Ichimoku Cloud as the lines get close to each other. The price target of this descending wedge is a retest of 21$ which is a very likely scenario for the week. If we break the 21$ level we are ready to run! Before this move a reclaim of the 19.54$ level is important. We need to start closing daily candles above 19.54-20.50$ for AMC to see bullish price action. The volume is still low, watch for a volume spike to assure the break of this descending wedge. If this pattern is broken with little volume we are due for a retracement to 14.5-15.26$. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
2
$AMC: Huge Breakout Awaits AMC Stock!For the past couple of days we have had a lot of bullish patterns playout. The left chart is the 1h chart which i will present now: The falling wedge broke to the upside which caused a nice rally for AMC. Later on we formed a rising wedge which luckily broke to the uspide. As of now the price is consolidating in a symmetrical triangle that is ready to breakout. These patterns breakout to the direction of the trend. If the triangle higher-lows (support) is broken the triangle will break to the downside causing a large retracement. Personally i am of the belief that this triangle is going to break to the upside due to the fact that this movement is supported by huge volume and strong bullish divergence on the daily chart (Right side chart). The MFI on the daily chart is looking really strong ready to push us towards the Ichimoku Resistance which is located at 23.7$. If this level gets mounted as support and retested with heavy buy-volume the reversal of AMC is officially confirmed. Short-term we have also mounted the 0.5 Fib which is a level of significance due to it being hard resistance in the past. It also seems like we have mounted strong support between 19.7-20$ which is a good sign. Now we need to reclaim 20.5$ which is a large VPVR node. On Monday i am expecting a clean break out of this triangle. We also have a Bullish TK-Cross on the Daily chart below the cloud which is a weak buying signal that could indicate a trend-reversal. A close above 23.7$ basically confirms a quick move to 30$. If this happens we will most likely experience a gamma squeeze. The worst case scenario for AMC is breaking below this triangle which will make us retrace to the 7.86 Fib which is located at 18.4$. We could also wick below this level to 17.7$ which should bounce the price heavily. So far the options chain has been really bullish, hopefully we will see continuation. *WARNING* This thread is not financial advice. I am not a financial advisor. Thank you for reading.
NYSE:AMCLong
by Patriick2jz
$AMC: Short Squeeze Update!Early in the day we got rejected at 34.3$ which is hard resistance. Support was later found at the 7.86 Fib (26.4$). Worst case scenario support 25.45$ (MA-4). Also confirmed by VPVR node. We have also established strong support at 27.3 (MA-1). 28.10$ is also valid support confirmed by the 6.18 Fib and a large VPVR node. MFI is trying to cool off, still on a strong uptrend. Volume seems to be fading away which is a good sign due to the fact that the selling pressure is weak. We are facing resistance at 29-30$ confirmed by a large VPVR node (.382 Fib) We also have a 9 on the TD-Sequential at the top of an uptrend which indicates that we are overbought. Right now we are forming a small retracement to continue the uptrend. Support needs to be held at 27.5-28$ to break 30$. We need this day to close above 30$ to remain bullish. Options chain is looking promising. 52k Open interest at 40$ 18.7k Open Interest at 30$ 31.6k Open Interest at 35$. Once these options begin to get ITM price should climb back up. *WARNING* This thread is not financial advice. I am not a financial advisor.
NYSE:AMCLong
by Patriick2jz
Set alerts for AMCAMC earnings is in 6 days. I really like the setup AMC has Here's why: 1. Earnings estimates are low: its estimated that AMC will get around -0.63, last earnings it did -0.26. 2. Its in a strong demand zone. 3. Thick bottom BlueWave When to enter? Enter once AMC breaks the resistance Line Set an alert on these Lines. I don't recommend going heavy since meme stocks are very unpredictable, here's some trade suggestions: 1. Sell PUTS 2. Buy the shares (less than 25% of your portifollio) 3. Buy Monthly CALLS (less than 10% of your portifollio)
NYSE:AMCLong
by MoonBets
4
$AMC: Squeeze Update!⚡15$ Support confirmed by VPVR node + golden pocket retracement + 200 week sma + 2 trendlines of support (Previous resistance) ⚡MFI breakout could lead to a massive rally ⚡18-20$ resistance confirmed by VPVR node + resistance trendline + 0.5 Fib ⚡23.5$ Ichimoku Cloud resistance ⚡0.236 Fib resistance needs to be broken for bullish price action ⚡Worst case scenario should be 9.45$ (Huge VPVR node) + 7.86 Fib support ⚡Break 34.46$ double bottom (previous support) strong resistance. Once this level is broken a squeeze could occur. ⚡If AMC breaks the 200 week sma i wouldn't expect any significant price action for months ⚡Watch for a spike in volume at these levels ⚡AMC is ready for new ATH once the weekly Ichimoku Cloud resistance is broken (40$) ⚡Options looking bullish, lower price targets are less likely *WARNING* This thread is not financial advice. I am not a financial advisor.
NYSE:AMCLong
by Patriick2jz
4
AMC -Bullish!Analysis... The impulse from the low of $1.90 to a high of $20.30(27Jan 21) was the beginning of the yellow intermediate degree wave 1. The correction of that degree brought the price of AMC stock to $5.23 which completed wave 2 in the yellow intermediate degree in-turn beginning wave 3 in yellow which should unfold in 5 wave in the red minor degree(one degree lower than yellow). That 5 wave move began from $5.23 to a high of $72.38 completing wave 1 in red, since then we have seen price in a gradual decline for those highs of $72.38 to $12.72, The decline has unfolded in a 7 swing sequence(WXY in the next lower green degree) completing wave 2 in red. We now take the impulse from $12.72 to $34.22, which broke the above channel trendline as an impulse in the next smaller degree purple. If we then stay above $12.72 then we should see new high in AMC and the Bullish cycle will be confirmed. Alternate view! If however we break below $12.72 the we should be expecting a 11 swing sequence which should take the price one more low to the lower end of the channel BUT that move should at least terminate above $5.23 as it will change the whole outlook of the structure if it goes below. Targets! When looking at the red degree price extensions we should expect price to easily reach: First -100% extension of $178 then second 161.8% extension at $906; these are very plausible targets as long as we stay above $12.72.
NYSE:AMCLong
by pkhumalo
2
AMC - The Next Moonshot? I stalk it.Beginning from the left, we see where price broke out, where many made and lost millions. From there on, price went down with huge up-swings in between. What's that orange inside pitchfork? This pitchfork gives us a kind of a Swing-Frequency. What does this mean? Well, it's nothing more then a measurement of this stocks swing volatility. Furthermore it combines time, by measure and projecting the slope. As we see, the slope is slightly pointing upwards. In short, these lines show where we have highly potential support & resistance.. And there is the yellow Channel, the boundary where price trades within. The Stochastic shows, where we have a hint for a potential move to the upside. We can combine this with the overall analysis and with price action. Lastly we have the red pressure-cooker line on the most right part of the chart. This pressure line indicates that price is really squeezed down, waiting for a pop through it. To me, a potential trade could be a breakout through the pressure-cooker line. The problem here is, that for now, nothing indicates that it will happen soon. Even the indicator is not fully oversold yet, so it could break above it's signal line. I'm waiting for a clear signal. Just something, that makes me scratching my head or catches my eyes attention. Observation Hat ON. #amcquickie
NYSE:AMCLong
by Tr8dingN3rd
Great spot to play both ways slightly OTMI don’t usually use linear regression channels because this is supposed to be a stochastic process.. but they actually work well for near term moves especially when the price is sitting directly on center line - good chance it will visit one of the borders soon and if range is wide enough playing both sides simultaneously with OTM cheap enough that you can make good return if either border is hit. For AMC notice that the last touch of lower border was followed by small bounce to center and then back down. Since it could very easily follow that pattern in reverse (drop to center from touch from upper border followed by bounce to just under upper border) in a squeeze potential environment such as this I like 3:2 calls to puts. Not financial advice.
NYSE:AMC
by JabezDolz
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.
NYSE:AMC
by Bo_stead
1
$AMC: Squeeze On Earnings?⭐Bullish Descending Pattern for over 9 months (Target of this pattern is 72$) ⭐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.
NYSE:AMCLong
by Patriick2jz
2
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
NYSE:AMC
by RobertoTraderWithoutStress
2
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.
NYSE:AMC
by AxiomEx
1