$AMC Commencing Lift Off...🚀

2 set 2023

Why has AMC been down?

AMC Entertainment's stock price plummeted after the company prepared for a stock conversion. This event might have caused uncertainty among investors, leading to a sell-off. AMC Entertainment's stock took a significant hit after a court approved the company's APE share conversion plan. One of the reasons for AMC's stock drop was due to share dilution resulting from the APE conversion.

How to Make Money

-65% in a week is irrational, from $35.56 to $12.40.
-It is likely we see an upside, as confirmation of $10.50 support level is proven based on previous bounces from 2020 - 2021 leading up to the huge squeeze to our current price of $393.63.

2 set 2023

Nota

5 set 2023

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$16.50 Price Target #1!

7 set 2023

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Likely to retest $10

9 set 2023

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WAITING FOR LEG UP

12 set 2023

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Be patient

13 set 2023

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Be patient... If you haven't noticed, selling pressure slowing down as expected.

4 ott 2023

Nota

possible trend change?

4 ott 2023

Nota

needs to close above 8.40

6 ott 2023

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9.11 - 10.71 FVG

10 ott 2023

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fvg looking to get fully filled then go from there

12 ott 2023

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gap filled

14 ott 2023

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Slight cooldown as expected
Would like to stay above 9.10

18 ott 2023

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Would like to get above 11.20 to make break previous highs and potentially gap fill to $13.24

1 dic 2024

Trade chiuso: obiettivo raggiunto

4 dic 2024

Nota

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