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AMC Chart Update - One for the Apes. Pt2!!!NOT FINANCIAL ADVICE!!! The Pattern has played out perfectly to the dot. Reversal wedge retested and bounced off nearly right within my 2 week timeframe. We should be seeing $60 in the coming weeks and a break out from there to the upside. Price Target for first consolidation after breakout for me is between the $150 - $200 mark. Hold strong and Hold Long. Projected Time Frame to take profits should be Q4 (Which is where I believe the final short squeeze to happen), that's also when the execs can take profit from their shares and falls in line with the last all around the board push(Metals, Tech stocks, Crypto, Ape Stocks).
NYSE:AMCLong
by Ikigai_Kaizen
11
A Non-Random Pattern..!Jim Simons: we should try to trade patterns that happen on a non-random basis..! Now with higher confidence, we can say Wall Street bets are predictable..! NYSE:AMC with a 22 billion market cap gained more than 20% in a single day! Today's price*volume: 9.9billion second to BABA and 10% above Tesla..! Why this is important? because the last time this phenomenon happened it was the start of a Gamma squeeze..! I will not surprise to see it ranked first tomorrow! To learn more about it please read my previous post: August 23-24, 2021: Max Pain or Short squeeze? Is there hidden rationality beyond irrationality? Short Squeeze or Gamma Squeeze that is the question? August 20, 2021: This is called WSB effect..! In the past few days, I published posts about Wall Street Bets and how they conquered the market! They are not just a group of "Apes" unlike what many think, there is a master puppeteer and a core behind this phenomenon who know market mechanics top to down, the power of social media, data analysis. The master puppeteer has learned to survive in life and career with a false identity many years ago from his grandmaster..! To wrap it up, do not take an opposite position this could last for a while..! Today was the largest gain and trading volume since last "Quadruple Witching" June 18, 2021..!
NYSE:AMCLong
by Moshkelgosha
15
Short Squeeze or Gamma Squeeze that is the question?Money Injection Pattern: market Cap:14.6 B Shares Outstanding:76.8M Shares Short: 7.66M Short Interest(%): 10% Avg. Volume (10 days): 1.27 M Days to cover: 7.5 Ownership Breakdown: Institutions: 32.7% General Public: 48.7% Hedge Funds: Individual insiders: 18.5% Option profile: for next Quadruple witching Total OI:41,915 Put Call Ratio:2.71 Put OI:13,926 Call OI:27,989 Highest Put:$150.00 Highest Call:$170.00 Max Pain: $162.50 Open Int (30-Day):671,920
NYSE:GMELong
by Moshkelgosha
11
Is there hidden rationality beyond irrationality?Gama Squeeze Happens between Quadruple Witching Dates When stock prices experience rapid shifts, the conditions may be ripe for a squeeze. In this scenario, investors may find themselves buying or selling shares of stock outside their normal trading pattern in order to minimize losses. A gamma squeeze is an extreme example of this, in which investor buying activity forces a stock’s price up. Gamma squeezes are often associated with options trading and they can be problematic for investors who don’t fully understand how they work. A short squeeze is a specific type of stock squeeze. With a short squeeze, an increase in stock prices can force people who shorted the stock to buy back their shares. How a Gamma Squeeze Works Certain conditions have to be met for a gamma squeeze to manifest in the market. It starts with investors making assumptions about a particular stock’s price. Specifically, they assume that the stock will rise in price. This leads to buying short-dated call options in the stock on a large scale. A call option’s value increases when the underlying stock it’s associated with increases in value. Meanwhile, this puts the institutional investors selling the options in a short position. If this pattern continues with investors sinking more money into call potions, that can force institutional investors to buy more shares of the stock. This is a necessary step for hedging against the short position they now find themselves in. The gamma squeeze happens when the underlying stock’s price begins to go up very quickly within a short period of time. As more money flows into call options from investors, that forces more buying activity which can lead to higher stock prices. Investors who purchased call options and sell when stock prices are high can reap sizable profits but the institutional investors who had to cover their short positions might see significant losses. (1) Now lets review 10 famous example in 2021: 1- NYSE:GME 2- NYSE:AMC 3- NYSE:BB 4- NASDAQ:BBBY 5- NYSE:NOK 6- NASDAQ:CLOV 7- NASDAQ:SOFI 8- NASDAQ:WKHS 9- NYSE:FSLY 10- NASDAQ:NAKD As you see all these spike patterns happened between Quadruple Witching Dates! What Is Quadruple Witching? Quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December. Quadruple Witching Dates 2021 March 19, 2021 June 18, 2021 September 17, 2021 December 17, 2021 I believe a new round of Squeezing has just started and VLDR and GOEV, two of the most shorted stocks are just the tip of the iceberg. GOEV: Short Percent of Float 32.48 %, 32.3M, 10 days to cover..! VLDR: Short Percent of Float 16.06 %', days to cover 4.5 Do you know Which stocks have the potential to be the next Short or Gamma squeeze??? Reference Article: www.yahoo.com www.investopedia.com
NYSE:AMCEducation
by Moshkelgosha
24
GME Bollinger Squeeze Imminent GME is consolidating along this $150 level, and I'm expecting to see it make an upside move as it approaches q3 earnings. Earnings, or their anticipation, have proven to be a strong catalyst for GME before. Price action has just moved off of a strong zone of support (pink solid line), which led to a 152% rally after it's retest in May. A measured Fib Time Zone from each squeeze (excluding initial rally) call for a day of significant price action on the 7th of September, coincidentally being *the day prior* to it's next earnings call. Bollinger bands are tighter than we've seen for GME in over a year, which is typically understood to precede a large upside move. From Investopedia, "When Bollinger Bands are far apart, volatility is high. When they are close together, it is low. A Squeeze is triggered when volatility reaches a six-month low and is identified when Bollinger Bands reach a six-month minimum distance apart". Currently GME is meeting all the criteria required for a BB squeeze as it's price action volatility reaches a 12 *and* 6-month low. Investopedia elaborates, "The next step—deciding which way stocks will go once they break out—is somewhat more challenging. To determine breakout direction, Bollinger suggests that it is necessary to look to other indicators. He suggests using the relative strength index (RSI) along with one or two volume-based indicators such as the intraday intensity index (developed by David Bostian) or the accumulation/distribution index (developed by Larry William)". Lovely information! To determine breakout direction by the book I added RSI and accumulation/distribution indexes to the chart. Between the 15th of July and the 4th of August, GME price action made two notable lower lows, the second of which tested the aforementioned 150 solid pink support level. However between these same two points, RSI made notably higher highs, representing positive divergence, and has continued to climb since. Investopedia continues, "If there is a positive divergence—that is, if indicators are heading upward while price is heading down or neutral—it is a bullish sign". Noted! Taking a look at Accumulation/Distribution, we can also see that GME has been distributed down to -11m, a level it hasn't touched since March 5th. After it reached this level in March, a short re-accumulation of just 0.5m led to a price action rally of 154%. MacD, not pictured, is tangling along the 0.0 level as it tends to do before significant moves. Overall the structure of GME has formed a narrowing wedge. Any violation of this wedge to the downside should warrant an IMMEDIATE stop loss on all positions. Otherwise a fair bullish target pre-earnings could be anywhere between $191 and $343 Fib levels.
NYSE:GMELong
by ITMmatty
6
AMC - 32.83 Level Trades - :)Apes, after loading the Proverbial "Woodshed" with 37 Calls... and there were a Mountain of them... Were crushed to Target of 32.83. We closes 7.5K at this level an look forward to a retracement to re-enter this trade. AMC has proved extreme in its ability to fail on Gamma into OPEX. These events have occurred with a higher than usual Probability. $17 remains the lower Boundary - patiently on further Fills as the Apes were cleared of Gains. Win some, Lose some Monkeys. xoxo - Hunter Killer
NYSE:AMCShort
by HK_L61
20
$GME - Next GME Bull Cycle is hereThe next GME bull cycle is here. Aug 24 - Sept 02 bull run, to unknown price range. Possible continuation until the 8'th of Sept. 9'th of September futures rollover we will either MOASS or drop down significantly as we did in March and June and wait until the next cycle and repeat. All in all, the general floor is increasing by $10-20 every cycle so if you held for a few years at a good price (let's say $150, you'd be golden). The ceiling for the other side of the trade is decreasing which is why i have doubts we'll touch $300's again. If we go beyond $260 in my opinion, that's margin call territory. On September 1, their margin requirements for SWAPS/Futures increase x 25 due to Phase 5 of UMR. That will put significant strain on "them" and perhaps deny them the ability to rollover the GME Swap Future position into the next quarter. Regardless they will take a loss on it and we will runup to 'some' price in the next 2-3 weeks. If the margin requirements are too hard on them which they should unless they are exempt, this should/could be marge calling, but regardlesst of that, there WILL be a runup, it's just a question of whether this is the one or not. If its not this one, it could be the next one. Buy & Hold www.reddit.com
NYSE:GMELong
by leenixusu
8
AMC - a $1 Equity - Tick Tock, actually Pink Sheets 24mosWell it's time once again to review the Great APE escape. On any level, AMC is a Degenerate Gamblers paradise for Wall Street. A simple review of Reddit Former Bag Holders clearly voices that the vast majority chasing this FUD was beaten with the UGLY STICK while chasing highs. Fundamentally AMC is I N S O L V E N T. Broke, Bankrupt, Debt Laden and Ticketless SCAM. Whoever buys this as a HODL.er - well you dear "Speculator" - 110% deserve to lose it all, UNLESS of course, you exit in profit. The rest will be History. WHY? Simple: $5.4 billion in debt , have a look at the repayment schedule and please explain how on earth or the moon for that matter, AMC will ever repay their Debt. Ticket Sales are non-existent, a mere 2% of what they were pre-Pandemic. Over-priced Movie Food has declined by over 57% in less than 18 months. So clearly, Revenues are not going to asssit. $2.02 billion in cash, a Hoard made from Swapping shares with Apes. Genius on their part, they won, Apes lost on balance to the tune of 90%+. Wall Street and Insiders cleaned your accounts. Solid as it ever was. They take your money and you pretend they did not. Again, see Reddit, 20X losers to winners. So, how bad is it at AMC? AMC revenues fell 88% to $162.5 million, down from $1.4 billion YOY. AMC losses for the three-month period ending in December topped out @ $946.1 million, down from a loss of $13.5 million YOY. Last Q - this speculative HODL managed to lose $567 Million. This Q, they will lose even more. Operating performance of a company determines when and IF a Company goes tits up or survives.... NOT SHORT INTEREST. Shorts do not ever have to cover, the much anticipated Short Squeeze to Bankrupt Hedge Funds is A S Y M T O T I C. The probability is near ZERO. Apes like those odds... so be it. BTW - how long has the MOASS been touted by Social Media Deviants been promoting this inevitable event? Might they profit from doing so and what are the odds they well may be in it on it? 100% Fundamentals always matter bro, it's us Apes kicking ass and negating those funnymentals. Telling ya Bruh, they don't matter, we do. No, it is not. That is delusional. You are Short, you are the enemy. No, we are your enema, the level of rationale ass kicking which is deserved. Blackrock is a "Large Hodler" !!! No, and neither is Vanguard, utter BS. Review their holdings and get back to me. Then realize Dark Pools love, love, love AMC Derivatives.... LOVE THEM. It's free money for them. They can spook the market at a moments notice. AMC is plaything for BR & VG. Apes can't fathom they have harmed a Company they claimed to save... They saved AMC... bro. Actually, it is exactly the opposite. BY creating a speculative environment with immense Volatility - No Partner will ever step in to provide much needed Capital to AMC. NOT EVER. You all keep shooting yourselves in the D_ck. We'll take the SELL ANY DAY.
NYSE:AMCShort
by HK_L61
28