TINFOIL HAT
For those of you following me when i was charting before the pop last week, I know I said I wouldnt post anymore updates...
MACD attempting to cross
But damn....look at the volume
Volume generally precedes price action, but that isnt always set in stone
You all know where i stand
HODL
In my opinion we already won.
I bought the dip too.
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Apes are done playing
What time frame is this?
Nvm. I'm regarded.
Restarted
Looks like monthly
Do you chart or follow Elliot waves? I’m curious the projections going forward. If we literally MOASS, that’s a whole different thing, but when I look at where AMC has been and where it has the potential to be, it’s impressive. It was a long fall, but the spring is loaded.
AMC at $5 and then return to $393, seems completely possible. 100 shares goes from $500 to $39,300.
If I apply the same to GME at $20 and then return to its high of $120, there’s not much to hang your hat on.
If there is a MOASS….. whoaaa. Then everyone will be rich anyway. lol.
But from a technical view based on historic data, I’m curious where those projections may land.
I recall some TA from the $72 days that saw AMC in the low $200 range on the next leg up. In today’s dollars that’s around $1,090 conservatively.
Again, that’s all long before MOASS dreams. I guess we will all find out soon enough.
Look at the fair value gaps, $9, $12, $33, $40, $85, then $240. There is one gap to fill on the downside due to the premarket gap up that occured monday. So gap to fill on downside is around $3.50
This does not constitute financial advice
Think we will test $3.60? I suspect Monday may kick off with a bang as news spreads, but it would surprise me if AMC didn’t sit here for a week or two to allow all those short term calls to die on the vine. But I’m loving how this is setting up.
My original TA/prediction on the daily chart was 3.50-4.00$, but NGL, kinda fomo'd on Fri and my orders filled. I'll double down if we reach 3.50ish end of month
lol. I have to say, I’ve done my cost average some good this last week or so. It’s all good. I’m going no where.
Personally im buying at any price and spreading buy throughout the week. I do consider anything in the $3-6 an excellent entry considering the upside potential...
I say this, as i was pressing buy on monday at $10. Any entry is good entry in my humble opinion. The rocket is only beginning to fuel up.
This does not constitute financial advice, and anything i say should be considered for entertainment purposes only. Always do your own research.
Holy.. shit I see. Monday we’re going to return to pre- split it will be glorious shareholders can finally recover from the 90% decline let’s go
How does someone with 0 post and 0 comment karma get approved to post here?!?!?
I posted two weeks if your remember asking when will the recovery occur. As it been now 3 years in the red.
Snoo has been a bear in every post i made prior to the recent price action
Not a problem if you've been buying since split 😉
Can’t keep dropping on it if it keeps dropping
I can, I got spending money every check. Also made 7k+ in calls last week
Nice I spent 45,000 on this thing now it’s worth 3k so yes I would like it to recovery. I thought we aren’t suppose to do options atleast that’s one post saying options are bad. I say options are the only way squeeze