Next Weeks Price Action Predictions for AMC
Last week most of this small pool of voters were calling for new highs on AMC. The price actually dropped a bit last week and remained within a very short term range which had 1 vote I believe. Check the vote out below.
It is possible that AMC could remain range bound in this tight short term range next week as well. There are a lot of bored apes out there that can buy this stock up and make it run if the market allows them to. So a mini squeeze is imminent at any moment with this stock. So what will AMC do this coming week? Will it rocket up to long term resistance and completely break out to new highs? Will we reach long term resistance and reject the resistance and continue the long term trend AMC has been in for a long time? Will the price stay range bound in the very short term range seen below? Or will be get a complete breakdown and head down to the long term support levels beneath the current price?
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Thoth Industries : Hearing that Evergrande is finally in full default. This may impact the price action.
SpyderCall OP Thoth Industries : I bought some shares in my Chinese account when they crashed. I thought I might hold them for a long time and they should be worth more. I haven't been able to trade them since several months ago.
Thoth Industries : This is going to be one interesting week for sure.
SpyderCall OP Thoth Industries : agreed. with crude breaking out as we speak already. this will be a wild ride
Thoth Industries : I'm heckin ready. I just keep buying until it pops, but I'm ready. No matter how long this shit takes.
Dons hobby SpyderCall OP : How do they pay out for the shares when they decide to pay it out ? And do they pay the value of the stock, more or less ?
Just trying to find out Incase it would happen to me.
102640653 SpyderCall OP : Expect it to be mixed 11.30-13.40 zone. If it breaks 12.40 easily to 16plus that’s what I feel. Quiet n boring past few days
SpyderCall OP 102640653 : im gonna get some good technical analysis for those stocks you like. BABA, NVDA, QQQ.... if im forgetting any then let me know. The market is at a crucial breaking point so the outlook might be different than last week.
102640653 SpyderCall OP : Can u please help me check the charts of Bbig . I bought this heavily . Cost price is 1.99 . Anything good there. What u suggest . Can help me with this chart. Please. Thanks
SpyderCall OP 102640653 : i will look at it now. but i do know that this stock can mage very big moves occasionally. Let me check the charts and get back to you on BBIG