$AMC Entertainment (AMC.US)$ Monday open Breakdown $6.00 Ga...
$AMC Entertainment (AMC.US)$ Monday open
Breakdown $6.00 Gameover!
Pause points
6.44 6.52 6.83
7.00 7.09 7.17
7.82 7.89 8.27
8.63 8.70 8.74
8.85 8.97 9.48
Breakout 9.88 Gameover if once past falls back below.
10.10 11.01 11.60
11.98 12.91 13.26
13.30 14.31 16.00
16.50 17.06 17.25
19.90 20.34
Peg point 20.36 No return zone once past or Gameover. Does at it pleases just has to stay above 20.36.
Breakdown $6.00 Gameover!
Pause points
6.44 6.52 6.83
7.00 7.09 7.17
7.82 7.89 8.27
8.63 8.70 8.74
8.85 8.97 9.48
Breakout 9.88 Gameover if once past falls back below.
10.10 11.01 11.60
11.98 12.91 13.26
13.30 14.31 16.00
16.50 17.06 17.25
19.90 20.34
Peg point 20.36 No return zone once past or Gameover. Does at it pleases just has to stay above 20.36.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Venomous Avian : what does this mean in for a newbie, can you simplify it for me. I don't know what peg point or breakout means.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Mcsnacks H Tupack OP Venomous Avian : If it’s on the rise and it goes past one of these points if it pulls back past two points it’s bad. So if it goes past 7.09 then if it drops down it needs to stop before 7.00 and when it starts going back up then it has to go past 7.17 before it pullback again but it can’t pullback past 7.09 then or it’s a signal that too many people are selling. Break points are barriers. If it goes below 6.00 at any time it’s 95% chance it’s over. Same rule for 9.88 it can drop below this price once it’s past it. Peg point means once it’s past that it’s unpredictable but it can’t backtrack past that or it’s a sign it’s done.
Mcsnacks H Tupack OP Venomous Avian : Breakouts and breakdown are the main ones. There’s usually no coming back for awhile once it crosses these lines negatively it has to stay above them once above them.
Mcsnacks H Tupack OP : It helps tell you when you should probably sell. Or you try to buy in at a pause point when it’s pulling back.
Shanos :
Dro_G : thanks for sharing
Mcsnacks H Tupack OP Shanos :
Mcsnacks H Tupack OP Shanos :
IamShirShah : nobody knows what gonna happen tomorrow!
Mcsnacks H Tupack OP IamShirShah : I’m thinking AMC won’t let it squeeze. They have too many shares available still to stop it.
View more comments...