AMC pumps price and volume into fair value zone LONG

14 maj

AMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price

and volume have pumps and so also the PV Trend indicator. There is no fundamental

footprint on this move. it is a pure meme much like a similar move of GME. I will go long

here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n

recognition of the volatilit The final target is the $ 120 range pivots of April and

August 202. The initial target is the $35 range of the ranging zone of August 2023. Upon

reaching the first target I will cut the position to 50% for the leg higher. I will cut the position

if momentum fades especially if the volume fades with it. This will be interesting at the least

and highly profitable at the very most.

14 maj

Uwaga

News Catalyst cnn.com/2024/05/13/investing/gamestop-roaring-kitty/index.html

15 maj

Transakcja zakończona: osiągnięto poziom stop

17 maj

Uwaga

Price falling?. ?Bear trap? Shorts are revenge trading?

21 maj

Zlecenie aktywne

Chasing the reversal now.

21 maj

Uwaga

AMC has rested in consolidation and accumulation for 4 day. May be ready for
continuation upside.

23 maj

Uwaga

Nice move up today 10% of the position closed. Looking for continuation upside tomorrow then profit taking on Friday.

23 maj

Uwaga

25 maj

Zlecenie aktywne

MAC moved higher in a Friday surprise. 10% more of the position closed to collect
some profit. Holding remaining 80% for next week's action.

28 maj

Zlecenie aktywne

Two buys today on pivot lows- slowly adding shares to await a strong move ( green arrows on the chart)

28 maj

Uwaga

Zoom In view

31 maj

Zlecenie aktywne

Added more with the more down in a dip buy.

4 cze

Uwaga

Good move up today. Watching for more.

6 cze

Uwaga

Another decent two days- today the move up signalled by the Bollinger Bands inside
the Keltner Channel. Holding full position adding more call options for 7/19 at the
Low of Day on Thursday.