102757460Ben
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$AMC Entertainment (AMC.US)$
First let me be clear that I would love nothing more than to see the AMC share price go to 100k. And let me profess that I am just a regular old non-ape retail investor. But I have some questions.
what everyone thinks are squeezes isretail buying pressure without selling happening. like the squeezes Tupac mix snacks claims to say happen constantly I don’t understand ...
First let me be clear that I would love nothing more than to see the AMC share price go to 100k. And let me profess that I am just a regular old non-ape retail investor. But I have some questions.
what everyone thinks are squeezes isretail buying pressure without selling happening. like the squeezes Tupac mix snacks claims to say happen constantly I don’t understand ...
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102757460Ben
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$AMC Entertainment (AMC.US)$
Today's lesson: OBV (On Balance Volume)
Since the June 2021 meteoric rise to 72, the price has been steadily fluctuating in a range from 72 all the way down to the 20's as of today. In the graph below, the top part shows a falling price line but the OBV in the bottom part shows a bullish divergence in the opposite direction!
Now you're asking, what the hell is OBV? Its standard description is:
On Balance Volume (OBV) measures buying and selling pressure as a cumulative indicator that adds volume on up days and subtracts volume on down days. When the security closes higher than the previous close, all of the day’s volume is considered up-volume. When the security closes lower than the previous close, all of the day’s volume is considered down-volume.
Now that you get the main gist of it, what's happening here is that a massive OBV bullish divergence has been forming since July 2021 up to today, despite the falling price action.
What does that mean to us? Basically, this is saying that bulls are still in control of the price action from a macro perspective in terms of volume. The question is, how far back will the arrow on the bow be drawn and when will it finally spring?
Today's lesson: OBV (On Balance Volume)
Since the June 2021 meteoric rise to 72, the price has been steadily fluctuating in a range from 72 all the way down to the 20's as of today. In the graph below, the top part shows a falling price line but the OBV in the bottom part shows a bullish divergence in the opposite direction!
Now you're asking, what the hell is OBV? Its standard description is:
On Balance Volume (OBV) measures buying and selling pressure as a cumulative indicator that adds volume on up days and subtracts volume on down days. When the security closes higher than the previous close, all of the day’s volume is considered up-volume. When the security closes lower than the previous close, all of the day’s volume is considered down-volume.
Now that you get the main gist of it, what's happening here is that a massive OBV bullish divergence has been forming since July 2021 up to today, despite the falling price action.
What does that mean to us? Basically, this is saying that bulls are still in control of the price action from a macro perspective in terms of volume. The question is, how far back will the arrow on the bow be drawn and when will it finally spring?
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102757460Ben
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For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
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102757460Ben
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$AMC Entertainment (AMC.US)$
You know there’s market manipulation when all day today the stock didn’t move up or down and closed at the same price it was on Friday 🙄
You know there’s market manipulation when all day today the stock didn’t move up or down and closed at the same price it was on Friday 🙄
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102757460Ben
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$AMC Entertainment (AMC.US)$ apes forever...... Is so fun to have a family so united! We hold for one another, a dip is always an opportunity! Cheers 🥂
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102757460Ben
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1: Open moomoo, then you will see the stocks market page.
2: There will be a tab bar as shown in the screenshot below, click on multiple charts display, and you will see this page.
3: In the top setting bar, you can choose time intervals, indicators, display formats, etc.
By tracking market trends, we provide you with more efficient investment decision-making services. More beginner guides are coming soon! Follow us for more timely updates.
Singapore beginner's guide:
https://live.moomoo.com/course/1330
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $AMC Entertainment (AMC.US)$ $Futu Holdings Ltd (FUTU.US)$
2: There will be a tab bar as shown in the screenshot below, click on multiple charts display, and you will see this page.
3: In the top setting bar, you can choose time intervals, indicators, display formats, etc.
By tracking market trends, we provide you with more efficient investment decision-making services. More beginner guides are coming soon! Follow us for more timely updates.
Singapore beginner's guide:
https://live.moomoo.com/course/1330
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $AMC Entertainment (AMC.US)$ $Futu Holdings Ltd (FUTU.US)$
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