Tag: AMC Reddit (Page 2 of 3)

AMC is About to Squeeze According to this Indicator

AMC News Today - AMC Squeeze
Market News: AMC News today.

AMC is about to squeeze; I mean we’ve heard it all year.

Catalysts have proven to provide false hopes time and time again.

However, there’s one piece of the puzzle you cannot deny, and it’s happening right now.

If you’ve been following my latest blog articles and videos on the channel, you know I’m referring to a special indicator I personally use.

The TTM Squeeze indicator – it signals a major shift in momentum whether it’s bearish or bullish.

The signal just transitioned from bearish momentum to the beginning cycle of what could be massive bullish price action for AMC Entertainment.

I’ve been watching the weekly timeframe on AMC to identify its macro trajectory.

And it’s looking very good.

Let’s break it down together.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news and articles like this to stay up to date.

TTM Squeeze transition officially confirmed

AMC TTM squeeze transition
AMC TTM Squeeze transition confirmed – Franknez.com.

AMC has officially transitioned from bearish momentum to bullish momentum on the TTM Squeeze indicator.

The chart shown above shows three green momentum candles gradually growing, signaling big price action lies ahead.

Last week I went over AMC’s history correlating its price action with the indicator on my YouTube channel.

And we can see just how accurate this data is.

If you missed that video, you may watch it below.

Frank Nez is on YouTube – Subscribe for more content and updates.

In the beginning of the year of 2021, AMC’s price action took off as retail investors began to buy the stock in bulk.

That momentum is captured on the TTM Squeeze indicator.

The indicator’s momentum candles kept growing signaling AMC’s price action was not done running yet.

Eventually the momentum signal began to give ‘sell’ warnings after reaching its all-time high, indicating momentum was beginning to dissipate.

This is where we slowly see the TTM squeeze indicator transition from bullish momentum to bearish momentum (red) candles, and AMC’s price action gradually plummet.

After more than a year of downtrend, selling momentum is no longer what it was, and we can see it on the charts.

In order for AMC to have a clean rebound, these momentum candles will have to gradually get larger and larger.

If retail investors are unable to sustain this growth, then it’s very possible sellers will begin to take over again.

But because we are seeing these candles grow every week, it’s a great indication the stock is on track for big growth over the long haul.

Is AMC a buy?

is AMC a buy

According to AMC’s TTM Squeeze indicator, it’s a screaming buy.

The signal is showing AMC is on trajectory for larger price action on the weekly timeframe.

AMC has had a strong level of support in the high $8 to low $9 levels with many anticipating the stock has already hit its bottom.

But I’m curious to know what you think, leave a comment down below.

If you’d like more updates, be sure to join my newsletter and subscribe to my channel.

You Can Follow Me On: Twitter | Facebook | Instagram


Big Volume in AMC Shows Investors Aren’t Leaving

AMC Entertainment Stock FrankNez
Market News: High volume in AMC Entertainment stock shows retail isn’t leaving

AMC Entertainment stock might have dropped in share price, but the volume shows investors aren’t leaving.

In fact, there’s been a lot of FUD (fear, uncertainty, and doubt) occurring where retail investors are either being advised to sell AMC’s Preferred Equity (APE) by brokers or being advised to sell AMC stock altogether by mainstream media.

While both might be quite alarming, investors seem to be holding down the fort for the movie theatre chain.

And if you’re puzzled by what may lie ahead for AMC then this article will provide you with some clarity.

Let’s get started!

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news and articles like this to stay up to date.

The theatre chain has gained a loyal following

AMC Entertainment’s volume remains healthy despite the uncertainty in both the market and company during these misinformed times.

The movie theatre chain has received little to no accolades for not only surviving the challenge of the pandemic lockdowns, but for an incredible and speedy recovery during the retail movement.

The company has managed to pay off a ton of debt, acquire several new successful locations across the country, and beat earnings every quarter since 2021.

AMC Entertainment also purchased a huge stake in gold and silver mining company Hycroft, instantly raising $295 million in just two weeks.

Yet CEO and Chairman Adam Aron is ridiculed for doing what no one else in history has done, communicating with shareholders to save a century old company from the grips of Wall Street market manipulators.

But the truth is Adam Aron is a sharp businessman and has an incredible skill for raising capital out of thin air.

He recently proposed AMC’s Preferred Equity, or $APE.

APE allows the company to have access to a fraction of shareholder’s capital in AMC stock by dividing the stock’s value into two separate securities.

While AMC Entertainment might not be able to dilute more AMC shares unless approved by shareholders, the company has access to do so with APE, raising a large sum of capital at any given moment.

It’s a genius move on behalf of the company and investors are happy to contribute to any possible catalyst that may potentially squeeze short sellers.

Retail investors continue to buy AMC stock

AMC stock
Retail investors continue to buy AMC stock

On Wednesday the movie theatre chain closed with its average of 49 million in volume.

The previous trading days consisted of trading at the average volume or twice its average volume, reaching more than 100 million.

AMC’s high volume shows that despite falling share prices, there’s high demand for the movie theatre stock.

On social media, ‘apes’ continue to raise awareness of market injustices and lack of proper institutional regulation.

SEC Chairman Gary Gensler said on Twitter, “regulators are looking to bring greater transparency into short selling”, a practice that market makers and hedge funds have overleveraged to suppress stocks such as AMC, GameStop, and many more from reflecting their true demand in the market.

Gary Gensler said in February during a Bloomberg exclusive that 90%-95% of retail’s orders are not processed through the lit exchange such as the NYSE.

But retail investors are making a ruckus, exposing conflicts of interest in the finance sector and demanding change.

For decades now the voice of reason has fallen on deaf ears, even Forbes is calling out for Gensler’s resignation.

Investors relay that only another lobbied Chairman will replace him – signifying it makes no difference.

Today, shareholders are looking to create a squeeze in both AMC and APE.

And with enough momentum, it’s impossible to not recreate what occurred in June of 2021.

Is AMC stock worth buying?

If you’re an AMC shareholder, leave a comment below explaining to new investors your thoughts.

Is AMC or APE stock worth buying?

You Can Follow Me On: Twitter | Facebook | LinkedIn

Related: How to Invest in Stocks for Beginners

Support your favorite blog for only $4/mo.

Your support helps maintain all the costs it takes to run a blog at this scale.

The mission of this platform is to spread the truth majority of corporate media isn’t willing to, by giving the people in our community a voice.

Your dedicated support keeps this platform going and growing.

Thank you for being a reader.

– Frank Nez


« Older posts Newer posts »

© 2024 Franknez.com

Theme by Anders NorenUp ↑